Belvidere Family Ymca
- Assets
- $1.7m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 80
- Location
- Belvidere, IL
- Founding
- 07/1942
- Data as of
- 12/2023
- EIN
- 36-2287520
Organization Overview
Belvidere Family Ymca is located in Belvidere, IL. The organization was established in 1942. According to its NTEE Classification (P27) the organization is classified as: Young Mens or Womens Associations, under the broad grouping of Human Services and related organizations. As of 12/2023, Belvidere Family YMCA employed 80 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Belvidere Family YMCA is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Belvidere Family YMCA generated $1.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $1.1m during the year ending 12/2023. While expenses have increased by 0.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD A HEALTHY SPIRIT, MIND, AND BODY FOR ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PHYSICAL & YOUTH PROGRAMS ARE PROVIDED TO APPROXIMATELY 3,000 MEMBERS AND 10,800 INDIVIDUALS IN THE COMMUNITY SERVED. THE ORGANIZATION ALSO PROVIDES DAY CAMP AND CARE SERVICES TO APPROXIMATELY 400 YOUTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Cheryl Dollinger CEO | OfficerTrustee | 40 | $64,000 |
Ed Branom Secretary | OfficerTrustee | 2 | $0 |
Ben Commare Director | Trustee | 1 | $0 |
Jeff Ernest Director | Trustee | 1 | $0 |
Adam Hawkins President | OfficerTrustee | 3 | $0 |
Natalie Hyser-Barber Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $344,500 |
| All other contributions, gifts, grants, and similar amounts not included above | $136,586 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $481,086 |
| Total Program Service Revenue | $810,718 |
| Investment income | $5,260 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $6,203 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,332,050 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $64,000 |
| Compensation of current officers, directors, key employees. | $38,400 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $471,154 |
| Pension plan accruals and contributions | $11,002 |
| Other employee benefits | $53,612 |
| Payroll taxes | $40,843 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $260 |
| Fees for services: Accounting | $21,758 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $28,340 |
| Office expenses | $29,695 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $202,980 |
| Travel | $64 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $14,645 |
| Payments to affiliates | $21,225 |
| Depreciation, depletion, and amortization | $65,559 |
| Insurance | $41,107 |
| All other expenses | $0 |
| Total functional expenses | $1,136,076 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $113,322 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,404,878 |
| Investments—publicly traded securities | $133,798 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,651,998 |
| Accounts payable and accrued expenses | $112 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $167,370 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $167,482 |
| Net assets without donor restrictions | $1,378,068 |
| Net assets with donor restrictions | $106,448 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,651,998 |