Norm Waitt Sr Young Mens Christian Association
- Assets
- $11.1m
- Revenue
- $5.0m
- Investments
- $0.0
- Employees
- 214
- Location
- South Sioux City, NE
- Founding
- 03/1955
- Data as of
- 12/2023
- EIN
- 42-0738980
Organization Overview
Norm Waitt Sr Young Mens Christian Association is located in South Sioux City, NE. The organization was established in 1955. 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, Norm Waitt Sr Young Mens Christian Association employed 214 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Norm Waitt Sr Young Mens Christian Association 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, Norm Waitt Sr Young Mens Christian Association generated $5.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 7.2% each year. All expenses for the organization totaled $3.4m during the year ending 12/2023. While expenses have increased by 3.0% 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 MISSION IS TO PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD HEALTHY SPIRIT, MIND AND BODY FOR ALL. THIS MISSION IS TO ADVANCE THE CAUSE OF STRENGTHENING THE COMMUNITY THOUGH YOUTH DEVELOPMENT, HEALTHY LIVING AND SOCIAL RESPONSIBILITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTHY LIVING - THE YMCA IS A LEADING VOICE ON HEALTH AND WELL-BEING. WE BRING FAMILIES CLOSER TOGETHER, ENCOURAGE GOOD HEALTH AND FOSTER CONNECTIONS THROUGH FITNESS, SPORTS, FUND AND SHARED INTERESTS. AS A RESULT, PEOPLE IN OUR COMMUNITY ARE RECEIVING SUPPORT, GUIDANCE AND RESOURCES THEY NEED TO ACHIEVE GREATER HEALTH IN SPIRIT, MIND, AND BODY. THIS IS PARTICULARLY IMPORTANT AS THE NATION STRUGGLES WITH AN OBESITY CRISIS, FAMILY STRUGGLE WITH WORK/LIFE BALANCE AND INDIVIDUALS SEARCH FOR PERSONAL FULFILLMENT.
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 IS WHY WE HELP YOUNG PEOPLE CULTIVATE THE VALUES, SKILLS, AND RELATIONSHIPS THAT LEAD TO POSITIVE BEHAVIORS, BETTER HEALTH AND EDUCATIONAL ACHIEVEMENT. OUR YMCA PROGRAMS, SUCH AS SUMMER CAMP; SPORTS AND RECREATION; AND CHILD WATCH, OFFER A RANGE OF EXPERIENCES THAT ENRICH COGNITIVE, SOCIAL, PHYSICAL, AND EMOTIONAL GROWTH.
SOCIAL RESPONSIBILITY - OUR YMCA BELIEVES IN GIVING BACK AND SUPPORTING OUR NEIGHBORS. WE HAVE BEEN LISTENING AND RESPONDING TO OUR COMMUNITY'S MOST CRITICAL NEEDS. YMCA PROGRAMS, SUCH AS VOLUNTEER SIOUXLAND ARE HOW WE DELIVER TRAINING, RESOURCES AND SUPPORT THAT EMPOWERS OUR NEIGHBORS TO EFFECT CHANGE, BRIDGE GAPS AND OVERCOME OBSTACLES. WE ENGAGE YMCA MEMBERS, PARTICIPANTS AND VOLUNTEERS IN ACTIVITIES THAT STRENGTHEN OUR COMMUNITY AND PAVE THE WAY FOR FUTURE GENERATIONS TO THRIVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed President | OfficerTrustee | $0 | |
Name Not Listed Past President | OfficerTrustee | $0 | |
Name Not Listed Secretary | OfficerTrustee | $0 | |
Name Not Listed Treasurer | OfficerTrustee | $0 | |
Name Not Listed Vice President | OfficerTrustee | $0 | |
Name Not Listed CEO | Trustee | 40 | $153,007 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $69,397 |
| Membership dues | $0 |
| Fundraising events | $48,748 |
| Related organizations | $4,000 |
| Government grants | $333,785 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,030,140 |
| Noncash contributions included in lines 1a–1f | $218,532 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,486,070 |
| Total Program Service Revenue | $2,308,172 |
| Investment income | $70,277 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $94,410 |
| Net Gain/Loss on Asset Sales | -$2,334 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$20,950 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,969,722 |
| 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. | $235,652 |
| Compensation of current officers, directors, key employees. | $199,222 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,566,076 |
| Pension plan accruals and contributions | $34,539 |
| Other employee benefits | $116,822 |
| Payroll taxes | $137,219 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $12,300 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $34,630 |
| Advertising and promotion | $44,257 |
| Office expenses | $45,806 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $308,632 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $3,117 |
| Conferences, conventions, and meetings | $0 |
| Interest | $21,339 |
| Payments to affiliates | $47,476 |
| Depreciation, depletion, and amortization | $374,143 |
| Insurance | $96,330 |
| All other expenses | $150,434 |
| Total functional expenses | $3,423,516 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $806 |
| Savings and temporary cash investments | $1,679,368 |
| Pledges and grants receivable | $1,707,713 |
| 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 | $7,403,406 |
| Investments—publicly traded securities | $58,523 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $277,233 |
| Total assets | $11,127,049 |
| Accounts payable and accrued expenses | $202,966 |
| 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 | $508,581 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $97,567 |
| Total liabilities | $809,114 |
| Net assets without donor restrictions | $7,656,035 |
| Net assets with donor restrictions | $2,661,900 |
| 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 | $11,127,049 |