Montgomery County Family Young Mens Christian Association Inc
- Assets
- $8.6m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 58
- Location
- Red Oak, IA
- Founding
- 09/1995
- Data as of
- 12/2023
- EIN
- 42-1433436
Organization Overview
Montgomery County Family Young Mens Christian Association Inc is located in Red Oak, IA. The organization was established in 1995. 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, Montgomery County Family Young Mens Christian Association Inc employed 58 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Montgomery County Family Young Mens Christian Association Inc 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, Montgomery County Family Young Mens Christian Association Inc generated $1.0m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $939.4k during the year ending 12/2023. While expenses have increased by 1.6% 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 MONTGOMERY COUNTY FAMILY YMCA IS A COMMUNITY ORGANIZATION THAT IS DEDICATED TO SERVING THE WELL-BEING OF THE ADULTS AND YOUTH WITHIN OUR SERVICE AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTHY LIVING THE Y IS A LEADER ON HEALTH AND WELL-BEING. WE BRING FAMILIES CLOSER TOGETHER, ENCOURAGE GOOD HEALTH AND FOSTER SOCIALIZATION THROUGH A VARIETY OF FITNESS CLASSES, YOUTH AND ADULT ACTIVITIES, AND SHARED INTERESTS. EXAMPLES ARE OUR STRENGTH TRAIN TOGETHER CLASS, LIFESTYLE SPLASH AQUATICS CLASS, YOUTH AND ADULT VOLLEYBALL PROGRAMS, YOUTH SOCCER AND OUR FREE PICKLEBALL PROGRAM. AS A RESULT, NEARLY 2700 PEOPLE IN OUR SERVICE AREA RECEIVE THE SUPPORT, GUIDANCE, AND RESOURCES TO ACHIEVE GREATER HEALTH IN SPIRIT, MIND, AND BODY. THIS IS IMPORTANT AS OUR NATION STRUGGLES WITH AN OBESITY CRISIS, MENTAL HEALTH STRUGGLES, AS FAMILIES FACE A WORK/LIFE BALANCE BATTLE AND INDIVIDUALS LOOK FOR PERSONAL FULFILLMENT. OUR PROGRAMS ARE ACCESSIBLE, AFFORDABLE, AND OPEN TO PEOPLE OF ALL FAITHS, BACKGROUNDS, ABILITIES, AND INCOME LEVELS.
YOUTH DEVELOPMENT OUR Y IS COMMITTED TO NURTURING THE POTENTIAL OF EVERY YOUTH. WE BELIEVE THAT THEY ALL DESERVE THE OPPORTUNITY TO DISCOVER WHO THEY ARE AND WHAT THEY CAN ACHIEVE. THAT'S WHY WE HELP YOUNG PEOPLE DEVELOP THE SKILLS, VALUES, AND RELATIONSHIPS THAT LEAD TO POSITIVE BEHAVIORS, BETTER HEALTH, AND EDUCATIONAL ACHIEVEMENTS. OUR Y PROGRAMS, SUCH AS SUMMER DAY CAMP, GROUP SWIM LESSONS, JUNIOR HIGH FITNESS CLASS, LIFEGUARD CERTIFICATION CLASSES OFFER A RANGE OF EXPERIENCE THAT ENRICH COGNITIVE, SOCIAL, PHYSICAL, AND EMOTIONAL GROWTH. OUR EXPENSES INCLUDE SUBSIDIES AND DIRECT FINANCIAL ASSISTANCE THAT MAKES PARTICIPATION POSSIBLE FOR OVER 50% OF THE YOUTH WE ENGAGE.
SOCIAL RESPONSIBILITY OUR Y BELIEVES IN GIVING BACK AND SUPPORTING OUR NEIGHBORS. WE'VE BEEN LISTENING AND RESPONDING TO OUR COMMUNITY'S NEEDS FOR MORE THAN 20 YEARS. Y PROGRAMS, SUCH AS TOGETHERTM, AND OUR SUPPORT BY BEING INVOLVED WITH COMMUNITY EVENTS, SUCH AS THE COMMUNITY THANKSGIVING DINNER, LIVE WELL MONTGOMERY COUNTY COMMUNITY GARDEN, MEALS ON WHEELS, PARTICIPATION IN BLOOD PRESSURE CLINICS AND HOLDING AN ANNUAL FREE COMMUNITY WINTER HOLIDAY CELEBRATION ARE EXAMPLES OF HOW WE SUPPORT OUR NEIGHBORS TO AFFECT CHANGE, BRIDGE GAPS AND OVERCOME OBSTACLES. IN 2022, WE ENGAGED OVER 200 Y 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 Treas | OfficerTrustee | 1 | $0 |
Name Not Listed | Trustee | 1 | $0 |
Name Not Listed | Trustee | 1 | $0 |
Name Not Listed | Trustee | 1 | $0 |
Name Not Listed | Trustee | 1 | $0 |
Name Not Listed | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $125,206 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $125,206 |
| Total Program Service Revenue | $477,882 |
| Investment income | $397,953 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $1,001,041 |
| 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. | $59,230 |
| Compensation of current officers, directors, key employees. | $21,916 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $249,398 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $25,116 |
| Payroll taxes | $21,009 |
| 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 | $0 |
| Advertising and promotion | $5,928 |
| Office expenses | $38,988 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $150,420 |
| Travel | $4,032 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,238 |
| Interest | $0 |
| Payments to affiliates | $5,729 |
| Depreciation, depletion, and amortization | $260,732 |
| Insurance | $36,158 |
| All other expenses | $12,948 |
| Total functional expenses | $939,448 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,420 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $36,000 |
| 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 | $3,702,981 |
| Investments—publicly traded securities | $4,768,083 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,564,484 |
| Accounts payable and accrued expenses | $21,238 |
| Grants payable | $0 |
| Deferred revenue | $33,147 |
| 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 | $0 |
| Total liabilities | $54,385 |
| Net assets without donor restrictions | $0 |
| 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 | $8,510,099 |
| Total liabilities and net assets/fund balances | $8,564,484 |