Young Mens Christian Association
- Assets
- $13.0m
- Revenue
- $5.3m
- Investments
- $0.0
- Employees
- 263
- Location
- Norfolk, NE
- Founding
- 07/1942
- Data as of
- 12/2021
- EIN
- 47-0376546
Organization Overview
Young Mens Christian Association is located in Norfolk, NE. 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 12/2021, Young Mens Christian Association employed 263 individuals. 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 12/2021, Young Mens Christian Association generated $5.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.3% each year . All expenses for the organization totaled $3.2m during the year ending 12/2021. While expenses have increased by 3.8% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD HEALTHY SPIRIT, MIND AND BODY .
Describe the Organization's Program Activity:
Part 3 - Line 4a
HELPING PEOPLE OF ALL AGES AND ABILITIES DEVELOP HEALTH IN SPIRIT, MIND AND BODY IS AT THE CORE OF THE YMCA MOVEMENT. OUR PROGRAMS ARE DESIGNED TO HELP PEOPLE CREATE REALISTIC GOALS FOR SELF-IMPROVEMENT AND EMPHASIZE DISEASE PREVENTION THROUGH REGULAR EXERCISE, PROPER NUTRITION, STRESS MANAGEMENT, AND HEALTH EDUCATION. SPORTS PROGRAMS FOR YOUTH, FAMILIES AND ADULTS PROMOTE TEAMWORK, INTERACTION, AND DEVELOPMENT OF SOCIAL AND PHYSICAL SKILLS. REASONABLE ACCOMMODATIONS ARE AVAILABLE FOR THOSE WITH SPECIAL NEEDS. DURING 2020 THERE WERE APPROXIMATELY 8,400 MEMBERS SERVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $50,000 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,029,973 |
| Government grants | $728,271 |
| All other contributions, gifts, grants, and similar amounts not included above | $448,481 |
| Noncash contributions included in lines 1a–1f | $1,029,973 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,256,725 |
| Total Program Service Revenue | $2,978,908 |
| Investment income | $86,588 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$12,346 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $9,490 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,338,807 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,880 |
| 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. | $112,888 |
| Compensation of current officers, directors, key employees. | $31,417 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,156,804 |
| Pension plan accruals and contributions | $35,335 |
| Other employee benefits | $55,055 |
| Payroll taxes | $90,821 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,505 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $38,066 |
| Advertising and promotion | $27,917 |
| Office expenses | $142,468 |
| Information technology | $54,290 |
| Royalties | $0 |
| Occupancy | $390,677 |
| Travel | $31,265 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,798 |
| Interest | $36,601 |
| Payments to affiliates | $44,610 |
| Depreciation, depletion, and amortization | $476,183 |
| Insurance | $107,056 |
| All other expenses | $0 |
| Total functional expenses | $3,193,552 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $636,084 |
| Savings and temporary cash investments | $181,841 |
| Pledges and grants receivable | $1,064,770 |
| Accounts receivable, net | $243 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $8,255,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $17,428 |
| Net Land, buildings, and equipment | $2,755,703 |
| Investments—publicly traded securities | $70,397 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $5,158 |
| Other assets | $0 |
| Total assets | $12,986,624 |
| Accounts payable and accrued expenses | $32,014 |
| Grants payable | $0 |
| Deferred revenue | $186,040 |
| 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 | $100,298 |
| Other liabilities | $10,878 |
| Total liabilities | $329,230 |
| Net assets without donor restrictions | $12,291,286 |
| Net assets with donor restrictions | $366,108 |
| 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 | $12,986,624 |
Grants Awarded
Over the last fiscal year, Young Mens Christian Association has awarded $626,859 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Norfolk, NE PURPOSE: FUTURE PRESERVATION | $500,000 |
Nofolk, NE PURPOSE: EXPANSION PROJECT | $126,859 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Young Mens Christian Association has recieved totaling $50,005.
| Awarding Organization | Amount |
|---|---|
Norfolk Area United Way Inc Norfolk, NE PURPOSE: YOUTH DEVELOPMENT | $50,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Young Mens Christian Association Of Boulder Valley Lafayette, CO | $21,819,025 | $16,395,074 |
Young Mens Christian Association Of Greater Des Moines Des Moines, IA | $55,671,991 | $14,265,776 |
Ymca Of Lincoln Lincoln, NE | $36,349,711 | $15,702,721 |
Ozarks Regional Ymca Springfield, MO | $22,694,658 | $8,607,241 |
Young Mens Christian Association Of The Iowa Mississippi Valley Davenport, IA | $63,017,263 | $13,933,643 |
Rapid City Y M C A Rapid City, SD | $18,136,251 | $10,285,613 |
Waypoint Services For Women Children And Families Cedar Rapids, IA | $13,237,865 | $8,326,073 |
Embe Sioux Falls, SD | $8,195,427 | $7,368,188 |
Young Mens Christian Association Of The Cedar Rapids Metropolitan Area Cedar Rapids, IA | $31,194,805 | $8,937,027 |
Jefferson City Area Ymca Jefferson City, MO | $22,688,382 | $7,837,925 |
Marshalltown Young Mens Christian Association-Ywca Marshalltown, IA | $18,562,464 | $4,669,058 |
Osage Prairie Ymca Inc Nevada, MO | $4,000,368 | $5,911,940 |