Young Mens Christian Association Of Spencer Iowa
- Assets
- $4.2m
- Revenue
- $3.3m
- Investments
- $200.0
- Employees
- 228
- Location
- Spencer, IA
- Founding
- 01/1965
- Data as of
- 12/2022
- EIN
- 42-0820570
Organization Overview
Young Mens Christian Association Of Spencer Iowa is located in Spencer, IA. The organization was established in 1965. 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 12/2022, Young Mens Christian Association Of Spencer Iowa employed 228 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Young Mens Christian Association Of Spencer Iowa 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 12/2022, Young Mens Christian Association Of Spencer Iowa generated $3.3m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $2.8m during the year ending 12/2022. While expenses have increased by 3.9% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE YMCA OF SPENCER IS A CHARITABLE, COMMUNITY SERVICE ORGANIZATION THAT INCLUDES MEN, WOMEN, AND CHILDREN OF ALL AGES, ABILITIES, INCOMES, RACES, AND RELIGIONS WE ARE DEDICATED TO BUILDING STRONG KIDS, STRONG FAMILIES, AND STRONG COMMUNITIES BY PUTTING CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT PROMOTE HEALTHY LIFESTYLES, STRONG VALUES, LEADERSHIP DEVELOPMENT, COMMUNITY INTERACTION, AND INTERNATIONAL UNDERSTANDING ALL PERSONS ARE WELCOME AT OUR YMCA, THROUGH GENEROUS CONTRIBUTIONS FROM YMCA MEMBERS AND THE UNITED WAY, NO ONE IS TURNED AWAY FROM THE YMCA DUE TO INABILITY TO PAY OUR YMCA IS FOUNDED AND LED BY VOLUNTEERS FROM OUR COMMUNITY, VOLUNTEERS ALSO SERVE AS MENTORS, COACHES, PROGRAM LEADERS, INSTRUCTORS, AND MORE GOALS OF PROGRAMS THE GOALS OF ALL YMCA PROGRAMS AND PRACTICES ARE TO HELP PARTICIPANTS - GROW AS RESPONSIBLE MEMBERS OF FAMILIES AND COMMUNITIES - RECOGNIZE THAT EVERYONE IS A CHILD OF GOD AND WORTHY OF RESPECT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CHILDCARE AND PRESCHOOL PROGRAM OFFERS HIGH QUALITY CHILD CARE AND PRESCHOOL BY PROVIDING COMPREHENSIVE ACTIVITIES FOR CHILDREN OF ALL AGES, DRAWING ON DIVERSE MEMBERS OF THE COMMUNITY. THIS PROGRAM RELIEVES THE BURDEN OF BALANCING WORK AND FAMILY. IT ALLOWS PARENTS OF CHILDREN IN THE ORGANIZATION'S CARE TO REMAIN EMPLOYED, KNOWING THAT THEIR CHILDREN ARE THRIVING IN A SAFE, DEVELOPMENTALLY SOUND ENVIRONMENT.
THE CITY POOL AND PLAYGROUND PROGRAM PROVIDES AREA YOUTH OPPORTUNITIES TO SHAPE VALUES AND DEVELOP HEALTHIER LIFESTYLES WITH THE USE OF THE CITY PARKS AND AQUATIC CENTER.
THE MEMBERSHIP AND HEALTHY LIVING PROGRAM STRIVES TO DEVELOP HEALTH IN SPIRIT, MIND AND BODY FOR PEOPLE OF ALL AGES AND ABILITIES. THIS PROGRAM IS DESIGNED TO HELP PEOPLE CREATE REALISTIC GOALS FOR SELF-IMPROVEMENT AND EMPHASIZE DISEASE PREVENTION THROUGH REGULAR EXERCISE, PROPER NUTRITION, STRESS MANAGEMENT AND HEALTH EDUCATION.
THE PROGRAM CLASSES AND SERVICES PROGRAM IS USED TO DEVELOP VALUES RELATED TO DAILY LIVING. THIS PROGRAM ENCOURAGES MORAL AND ETHICAL BEHAVIOR BASED ON JUDEO-CHRISTIAN PRINCIPLES. IT EMPHASIZES THE APPRECIATION OF ALL DIVERSITIES BY TEACHING TO RESPECT PEOPLE OF DIFFERENT AGES, ABILITIES, INCOME LEVELS, RACES, RELIGIONS, CULTURES, AND BELIEFS. IT CREATES FUTURE LEADERS AND SUPPORTERS BY DEMONSTRATING THE APPROPRIATE GIVE AND TAKE NECESSARY TO WORK TOWARD THE COMMON GOOD. LASTLY, IT EXPANDS THE DEVELOPMENT OF SPECIFIC SKILLS USED TO GROW IN SPIRIT, MIND, AND BODY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Vice Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Secretary | OfficerTrustee | 1 | $0 |
Name Not Listed Treasurer | OfficerTrustee | 1 | $0 |
Name Not Listed Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $8,281 |
| Membership dues | $0 |
| Fundraising events | $83,318 |
| Related organizations | $157,500 |
| Government grants | $964,907 |
| All other contributions, gifts, grants, and similar amounts not included above | $74,157 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,288,163 |
| Total Program Service Revenue | $1,966,465 |
| Investment income | $34,319 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$532 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $5,981 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,294,396 |
| 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. | $85,000 |
| Compensation of current officers, directors, key employees. | $63,750 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,463,898 |
| Pension plan accruals and contributions | $52,318 |
| Other employee benefits | $78,276 |
| Payroll taxes | $115,739 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $11,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $9,327 |
| Fees for services: Other | $0 |
| Advertising and promotion | $14,953 |
| Office expenses | $16,380 |
| Information technology | $34,043 |
| Royalties | $0 |
| Occupancy | $144,484 |
| Travel | $5,077 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $5,137 |
| Interest | $4,897 |
| Payments to affiliates | $41,380 |
| Depreciation, depletion, and amortization | $172,737 |
| Insurance | $43,716 |
| All other expenses | $424,049 |
| Total functional expenses | $2,761,047 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $762,632 |
| Savings and temporary cash investments | $148,345 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $47,684 |
| 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 | $2,728 |
| Net Land, buildings, and equipment | $2,099,029 |
| Investments—publicly traded securities | $939,624 |
| Investments—other securities | $200 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $163,689 |
| Total assets | $4,163,931 |
| Accounts payable and accrued expenses | $80,658 |
| Grants payable | $0 |
| Deferred revenue | $198,688 |
| 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 | $166,530 |
| Total liabilities | $445,876 |
| Net assets without donor restrictions | $3,718,055 |
| Net assets with donor restrictions | $0 |
| 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 | $4,163,931 |