Young Mens Christian Association
- Assets
- $7.7m
- Revenue
- $5.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Sioux Falls, SD
- Founding
- 08/1942
- Data as of
- 08/2023
- EIN
- 46-0225021
Organization Overview
Young Mens Christian Association is located in Sioux Falls, SD. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 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 08/2023, 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 4.8% each year. All expenses for the organization totaled $2.7m during the year ending 08/2023. 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
TO SERVE ALL PEOPLE AND TO HELP THEM REACH THEIR GOD-GIVEN POTENTIAL THROUGH THE DEVELOPMENT OF SPIRIT, MIND AND BODY
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH DEVELOPMENT - THE ASSOCIATION IS COMMITTED TO NURTURING THE POTENTIAL OF EVERY CHILD AND TEEN. THE ASSOCIATION BELIEVES ALL KIDS HAVE GREAT POTENTIAL AND 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. THE ASSOCIATION'S PROGRAMS, SUCH AS SUMMER CAMP, YOUTH SPORTS AND SCHOOL ENRICHMENT, OFFER A RANGE OF EXPERIENCES THAT ENRICH COGNITIVE, SOCIAL, PHYSICAL AND EMOTIONAL GROWTH. EXPENSES INCLUDE SUBSIDIES AND DIRECT FINANCIAL ASSISTANCE THAT MAKE PARTICIPATION POSSIBLE FOR MORE THAN 6,000 YOUNG PEOPLE.
HOUSING - THE ASSOCIATION BELIEVES IN GIVING BACK AND SUPPORTING OUR NEIGHBORS. THE HOUSING PROGRAMS OPERATE LOW-INCOME HOUSING COMPLEXES FOR PERSONS OF LOW TO MODERATE INCOME.
HEALTHY LIVING - THE ASSOCIATION IS COMMITTED TO IMPROVING AMERICA'S HEALTH AND WELL-BEING, COMMUNITY BY COMMUNITY. WE BRING FAMILIES CLOSER TOGETHER, ENCOURAGE GOOD HEALTH AND FOSTER CONNECTIONS THROUGH FITNESS, SPORTS, FUN AND SHARED INTERESTS. AS A RESULT, 10,000 PEOPLE IN THE ASSOCIATION'S COMMUNITY ARE RECEIVING THE SUPPORT, GUIDANCE AND RESOURCES THEY NEED TO ACHIEVE GREATER HEALTH IN SPIRIT, MIND AND BODY. THIS IS PARTICULARLY IMPORTANT AS OUR NATION STRUGGLES WITH CHRONIC DISEASE AND OBESITY, FAMILIES WRESTLE WITH WORK/LIFE BALANCE AND INDIVIDUALS SEARCH FOR PERSONAL FULFILLMENT.
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 MORE THAN 130 YEARS. Y PROGRAMS, SUCH AS OUR TOGETHERHOOD PROGRAM, ARE EXAMPLES OF HOW WE DELIVER TRAINING, RESOURCES AND SUPPORT THAT EMPOWER OUR NEIGHBORS TO EFFECT CHANGE, BRIDGE GAPS AND OVERCOME OBSTACLES. IN 2023, WE ENGAGED 4,500 YMCA MEMBERS, PARTICIPANTS AND VOLUNTEERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Past Chairman | OfficerTrustee | 1 | $0 |
Name Not Listed Treasurer | OfficerTrustee | 1 | $0 |
Name Not Listed Vice Chairman | OfficerTrustee | 1 | $0 |
Name Not Listed Chairman | OfficerTrustee | 1 | $0 |
Name Not Listed Recording Secretary | OfficerTrustee | 1 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $135,000 |
| Membership dues | $0 |
| Fundraising events | $73,211 |
| Related organizations | $0 |
| Government grants | $938,459 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,559,516 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,706,186 |
| Total Program Service Revenue | $2,336,611 |
| Investment income | $25,392 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$4,107 |
| Net Income from Fundraising Events | -$20,663 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$25,171 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,018,248 |
| 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. | $35,666 |
| Compensation of current officers, directors, key employees. | $21,400 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,115,337 |
| Pension plan accruals and contributions | $14,165 |
| Other employee benefits | $37,054 |
| Payroll taxes | $79,603 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $63 |
| Fees for services: Accounting | $34,225 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $26,520 |
| Advertising and promotion | $13,035 |
| Office expenses | $462,243 |
| Information technology | $21,199 |
| Royalties | $0 |
| Occupancy | $211,286 |
| Travel | $111,384 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,458 |
| Interest | $15,073 |
| Payments to affiliates | $68,681 |
| Depreciation, depletion, and amortization | $92,072 |
| Insurance | $149,820 |
| All other expenses | $5,029 |
| Total functional expenses | $2,651,860 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,270,651 |
| Pledges and grants receivable | $127,036 |
| Accounts receivable, net | $521,733 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $208,144 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,523,305 |
| Investments—publicly traded securities | $104,332 |
| Investments—other securities | $0 |
| Investments—program-related | $1,870,675 |
| Intangible assets | $0 |
| Other assets | $106,285 |
| Total assets | $7,732,161 |
| Accounts payable and accrued expenses | $303,419 |
| Grants payable | $0 |
| Deferred revenue | $111,700 |
| 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 | $425,771 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $127,046 |
| Total liabilities | $967,936 |
| Net assets without donor restrictions | $6,145,507 |
| Net assets with donor restrictions | $618,718 |
| 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 | $7,732,161 |