Young Mens Christian Association Of Saginaw
- Assets
- $12.4m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 179
- Location
- Saginaw, MI
- Founding
- 10/1942
- Data as of
- 12/2023
- EIN
- 38-1360594
Organization Overview
Young Mens Christian Association Of Saginaw is located in Saginaw, MI. 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, Young Mens Christian Association Of Saginaw employed 179 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Young Mens Christian Association Of Saginaw 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, Young Mens Christian Association Of Saginaw generated $4.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $3.5m during the year ending 12/2023. While expenses have increased by 3.8% per year over the past 9 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 YMCA OF SAGINAW IS AN ASSOCIATION OF ALL PEOPLE UNITED IN A COMMON EFFORT TO PUT JUDEO-CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT ENRICH THE SPIRIT MIND AND BODY FOR ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH DEVELOPMENT: OUR YMCA IS COMMITTED TO NURTURING THE POTENTIAL OF EVERY CHILD AND TEEN. WE BELIEVE THAT ALL KIDS DESERVE THE OPPORTUNITY TO DISCOVER WHO THEY ARE AND WHAT THEY CAN ACHIEVE. THAT'S WHY WE HELP YOUNG PEOPLE CULTIVATE THE VALUES, SKILLS, AND RELATIONSHIPS THAT LEAD TO POSITIVE BEHAVIORS, BETTER HEALTH, AND EDUCATIONAL ACHIEVEMENT. CONTINUING TO FACE RESULTS FROM THE COVID19 PANDEMIC, THE YMCA OF SAGINAW CONTINUED INNOVATIVE TO ENSURE PROGRAMS CONTINUE, SUCH AS SAFETY AROUND WATER AND SAGINAW SWIM AN EVERY 3RD GRADER SWIM PROGRAM AND MISSION NUTRITION ADDRESSING HUNGER. CAMP TIMBERS, OUR RESIDENTIAL OVERNIGHT PROGRAM, WAS REBOUNDING FROM THE PANDEMIC AND SAW INCREASED ACTIVITY FOR OUR YOUTH. IN 2023, WE PROVIDED $46,574 IN FINANCIAL ASSISTANCE TO PEOPLE WHO OTHERWISE WOULD HAVE FACED ECONOMIC BARRIERS TO PARTICIPATION.
HEALTHY LIVING: THE Y IS A LEADING VOICE ON HEALTH AND WELL-BEING. WE BRING FAMILIES CLOSER TOGETHER, ENCOURAGE GOOD HEALTH, AND FOSTER CONNECTIONS THROUGH FITNESS, SPORTS, FUN AND SHARED INTERESTS. AS A RESULT, NEARLY 5,000 PEOPLE IN OUR COMMUNITY ARE RECEIVING THE SUPPORT, GUIDANCE, AND RESOURCES THEY NEED TO ACHIEVE GREATER HEALTH IN SPIRIT, MIND, AND BODY. IN 2023, WE PROVIDED $92,171 IN FINANCIAL ASSISTANCE TO PEOPLE WHO OTHERWISE WOULD HAVE FACED ECONOMIC BARRIERS TO PARTICIPATION.
SOCIAL RESPONSIBILITY: OUR YMCA BELIEVES IN GIVING BACK AND SUPPORTING OUR NEIGHBORS. WE HAVE BEEN LISTENING AND RESPONDING TO OUR COMMUNITY'S MOST CRITICAL SOCIAL NEEDS FOR OVER 150 YEARS. Y PROGRAMS AND PARTNERSHIPS, SUCH AS THE MILITARY OUTREACH INITIATIVE, THE KIDSCAMPUS IN PARTNERSHIP WITH THE BOYS & GIRLS CLUB OF THE GREAT LAKE BAY REGION, THE SENIOR CONNECT AND MISSION NUTRITION, ARE EXAMPLES OF HOW WE DELIVER TRAINING, RESOURCES, AND SUPPORT THAT EMPOWER OUR NEIGHBORS OF ALL AGES TO EFFECT CHANGE, BRIDGE GAPS, AND OVERCOME OBSTACLES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Treasurer | OfficerTrustee | 1 | $0 |
Name Not Listed Vice Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Past Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Secretary | OfficerTrustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Caravan Facilities Management Cleaning | 12/30/18 | $135,999 |
Rc Hendrick & Son Inc General Contractor - Construction | 12/30/18 | $1,417,744 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $176,829 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,750,240 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,927,069 |
| Total Program Service Revenue | $2,030,473 |
| Investment income | $85,355 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $57,750 |
| Net Gain/Loss on Asset Sales | -$5,876 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $5,554 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,194,936 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $138,745 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $137,819 |
| Compensation of current officers, directors, key employees. | $41,346 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,088,658 |
| Pension plan accruals and contributions | $37,122 |
| Other employee benefits | $93,432 |
| Payroll taxes | $72,133 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,790 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $67,446 |
| Advertising and promotion | $48,939 |
| Office expenses | $477,134 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $36,058 |
| Travel | $14,906 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $23,864 |
| Interest | $22,941 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $442,155 |
| Insurance | $68,924 |
| All other expenses | $55,883 |
| Total functional expenses | $3,520,936 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $421,654 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,534,073 |
| Accounts receivable, net | $16,107 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $2,821 |
| Prepaid expenses and deferred charges | $5,416 |
| Net Land, buildings, and equipment | $7,298,903 |
| Investments—publicly traded securities | $3,124,424 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $12,403,398 |
| Accounts payable and accrued expenses | $174,083 |
| Grants payable | $0 |
| Deferred revenue | $19,937 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $264,254 |
| Total liabilities | $458,274 |
| Net assets without donor restrictions | $9,390,829 |
| Net assets with donor restrictions | $2,554,295 |
| 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 | $12,403,398 |