Muscatine Community Y
- Assets
- $16.5m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 203
- Location
- Muscatine, IA
- Founding
- 06/1942
- Data as of
- 12/2023
- EIN
- 42-0680340
Organization Overview
Muscatine Community Y is located in Muscatine, IA. 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, Muscatine Community Y employed 203 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Muscatine Community Y 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, Muscatine Community Y generated $2.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (10.1%) each year. All expenses for the organization totaled $2.9m during the year ending 12/2023. 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 MUSCATINE COMMUNITY Y IS DEDICATED TO THE EMPOWERMENT OF MEN, WOMEN, BOYS AND GIRLS AND THE DEVELOPMENT OF SPIRIT, MIND AND BODY TO ATTAIN A COMMON VISION OF DIGNITY FOR ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTH PROMOTION SERVICES: PROMOTES AND SUPPORTS PHYSICAL HEALTH AND WELL- BEING OF ALL AGES THROUGH SPORTS AND EXERCISE. INCLUDED IN THIS PROGRAM SERVICE ARE ADULT MEMBER USE OF THE FACILITY FOR OPEN GYM, RAQUETBALL AND USE OF THE EXERCISE AREA.
FAMILY PROGRAM (FPS): WE SUPPORT FAMILIES THROUGH FAMILY FOCUS, SELF- SUFFICIENCY, PARENT EDUCATION, GRANDPARENTS RAISING GRANDCHILDREN, AND RESPITE PROGRAMS. FPS PROVIDES PARENTS WITH PARENTING INFORMATION, SUPPORT, AND THE OPPORTUNITY TO EXPLORE ISSUES PARTICULAR TO THEIR NEEDS. SPECIAL OLYMPICS: PROVIDES SPORTS AND ACTIVITIES FOR YOUTH AND ADULTS WITH INTELLECTUAL DISABILITIES. BIG BROTHER BIG SISTER: PROVIDE CHILDREN FACING ADVERSITY WITH STRONG AND ENDURING, PROFESSIONALLY SUPPORTED ONE-TO-ONE RELATIONSHIPS THAT CHANGE THEIR LIVES FOR THE BETTER, FOREVER.
AQUATICS: PROMOTES AND SUPPORTS LIFE-LONG HEALTH AND PERSONAL GROWTH OF ALL AGES AND CAPABILITIES THROUGH MASTERY AND PRACTICE OF INDIVIDUAL GROUP SKILLS IN THE POOL ENVIRONMENT. INCLUDED IN THIS PROGRAM SERVICE ARE SWIM CLASSES, WATER EXERCISE CLASSES, MEMBER USE OF THE SWIMMING POOL FOR OPEN AND LAP SWIM AND POOL RENTAL TO OUTSIDE GROUPS.
CHARACTER DEVELOPMENT: PROVIDES OPPORTUNITIES FOR SELF-DISCOVERY AND SKILL DEVELOPMENT TO PROMOTE GROWTH INTO RESPONSIBLE ADULTHOOD FOR YOUNG PEOPLE 0-18 YEARS OF AGE IN AN ENVIRONMENT THAT VALUES THEIR DIVERSITY, LEADERSHIP AND POINT OF VIEW. INCLUDED IN THIS PROGRAM SERVICE ARE YOUTH SPORTS PROGRAMS OF SOCCER AND BASKETBALL, TEEN LEADERS CLUB, MIDDLE SCHOOL FUN NIGHTS, YOUTH AND TEEN MEMBER USE OF THE FACILITY AND KID'S CLUB.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bret Olson Executive Di | Officer | 40 | $126,232 |
Alan Cross Resigned 2023 Director | Trustee | $0 | |
Dyann Roby Resigned 2023 Director | Trustee | $0 | |
John Kuhl Resigned 2023 Director | Trustee | $0 | |
Bob Allbee President | OfficerTrustee | 0.5 | $0 |
Shawn Beadle Vice Preside | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $93,125 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $214,939 |
| All other contributions, gifts, grants, and similar amounts not included above | $206,368 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $514,432 |
| Total Program Service Revenue | $1,906,246 |
| Investment income | $8,328 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $32,160 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,554 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,462,720 |
| 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. | $134,734 |
| Compensation of current officers, directors, key employees. | $134,734 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,190,520 |
| Pension plan accruals and contributions | $103,984 |
| Other employee benefits | $86,692 |
| Payroll taxes | $98,077 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $51,303 |
| Advertising and promotion | $0 |
| Office expenses | $193,902 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $483,923 |
| Travel | $16,042 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $47,990 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $448,050 |
| Insurance | $622 |
| All other expenses | $0 |
| Total functional expenses | $2,872,882 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,451,707 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $21,331 |
| 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 | $890 |
| Prepaid expenses and deferred charges | $24,723 |
| Net Land, buildings, and equipment | $11,079,835 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,886,945 |
| Total assets | $16,465,431 |
| Accounts payable and accrued expenses | $107,904 |
| Grants payable | $0 |
| Deferred revenue | $2,463 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $32,108 |
| 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 | $459 |
| Total liabilities | $142,934 |
| Net assets without donor restrictions | $14,321,997 |
| Net assets with donor restrictions | $2,000,500 |
| 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 | $16,465,431 |