Young Mens Christian Association Of South Hampton Roads
- Assets
- $125.4m
- Revenue
- $53.5m
- Investments
- $2.4m
- Employees
- 3,063
- Location
- Chesapeake, VA
- Founding
- 10/1942
- Data as of
- 12/2023
- EIN
- 54-0445205
Organization Overview
Young Mens Christian Association Of South Hampton Roads, operating under the name YMCA of South Hampton Roads, is located in Chesapeake, VA. 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 12/2023, YMCA of South Hampton Roads employed 3,063 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. YMCA of South Hampton Roads 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, YMCA of South Hampton Roads generated $53.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $53.8m during the year ending 12/2023. While expenses have increased by 1.1% 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
TO PUT JUDEO-CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD HEALTHY SPIRIT MIND & BODY FOR ALL
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTHY LIVING: IN THE QUEST FOR A HEALTHIER, HAPPIER COMMUNITY, THE YMCA OF SOUTH HAMPTON ROADS STANDS AS A BEACON OF HOPE AND VITALITY. FROM GROUP WORKOUTS TO SPECIALIZED PROGRAMS TAILORED FOR SENIORS AND INDIVIDUALS BATTLING CHRONIC ILLNESSES, WE'RE ON A MISSION TO REDEFINE WELLNESS FOR ALL AGES AND ABILITIES. IN 2023, OUR IMPACT REACHED 163,580 INDIVIDUALS AND PROVIDED $3,018,450 IN MEMBERSHIP SUBSIDIES TO HELP THOSE FACING FINANCIAL BARRIERS ACCESS TO THE Y. BUT OUR COMMITMENT TO ACCESSIBILITY DOESN'T END THERE. WITH THE VIRTUAL Y, WE'VE TRANSCENDED PHYSICAL BOUNDARIES, SERVING 10,414 INDIVIDUALS WITH AFFORDABLE ONLINE FITNESS AND ENRICHMENT CLASSES, PROVING THAT WELLNESS KNOWS NO BOUNDS.
OTHER: BEYOND OUR CORE PILLARS OF YOUTH DEVELOPMENT, HEALTHY LIVING, AND SOCIAL RESPONSIBILITY, OUR OFFERINGS EXTEND TO A MYRIAD OF ADULT PROGRAMS, GOLF TOURNAMENT FEES, AND ENGAGING EVENTS THAT INCLUDE CONFERENCES AND TRAININGS, ENSURING THAT EVERYONE HAS A PLACE TO BELONG AND THRIVE.
YOUTH DEVELOPMENT: AT THE YMCA OF SOUTH HAMPTON ROADS, WE'RE NOT JUST SHAPING FUTURES; WE'RE IGNITING POTENTIAL. EVERY CHILD AND TEEN DESERVES THE CHANCE TO UNLOCK THEIR UNIQUE TALENTS AND DISCOVER THE BOUNDLESS HEIGHTS THEY CAN REACH. OUR TRANSFORMATIVE PROGRAMS, FROM STATE-LICENSED SUMMER CAMPS TO ACA-ACCREDITED OVERNIGHT ADVENTURES, ISN'T JUST ABOUT FUN-IT'S ABOUT FOSTERING ACADEMIC EXCELLENCE, CULTIVATING HEALTHY HABITS, AND INSTILLING VALUES THAT LAST A LIFETIME. IN 2023, AS FAMILIES TURNED TO US IN RECORD NUMBERS FOR YOUTH RECREATION AND CHILD CARE SERVICES, WE PROUDLY SUPPORTED MORE THAN 33,600 CHILDREN THROUGH OUR DIVERSE OFFERINGS. BUT BEHIND THESE NUMBERS LIE COUNTLESS STORIES OF EMPOWERMENT AND GROWTH. DESPITE THE CHALLENGES OF A SHIFTING LABOR MARKET, WE REMAINED STEADFAST IN OUR COMMITMENT, PROVIDING $1,866,507 IN FINANCIAL AID TO 4,666 CHILDREN, ENSURING THAT NO ONE IS LEFT BEHIND ON THEIR JOURNEY TO SUCCESS.
SOCIAL RESPONSIBILITY: FOR 179 YEARS, THE YMCA HAS BEEN MORE THAN JUST A COMMUNITY INSTITUTION; WE'RE AGENTS OF CHANGE, DRIVEN BY A PROFOUND SENSE OF DUTY TO UPLIFT AND EMPOWER THOSE AROUND US. THROUGH INITIATIVES LIKE TOGETHERHOOD, OUR MEMBERS LEAD THE CHARGE IN ADDRESSING LOCAL NEEDS AND FOSTERING A CULTURE OF SERVICE AND COMPASSION. OUR VOLUNTEERS, NUMBERING 1,152 STRONG, DEDICATED 18,256 HOURS TO SERVING THEIR NEIGHBORS, EMBODYING THE SPIRIT OF SELFLESSNESS AND CAMARADERIE THAT DEFINES US. IN 2023, OUR VISION OF A MORE EQUITABLE SOCIETY TOOK TANGIBLE FORM, WITH AN ADDITIONAL THREE YMCA LOCATIONS DESIGNATED AS HEALTH EQUITY CAMPUSES, OFFERING VITAL RESOURCES TO THOSE IN NEED. THIS ADDITION BROUGHT OUR HEALTH EQUITY CAMPUS TOTAL TO SIX LOCATIONS. WITH THE SUPPORT OF GENEROUS DONATIONS FROM OUR PARTNERS, THE Y'S DROWNING PREVENTION PROGRAM, SAFETY AROUND WATER, OFFERED EQUITABLE ACCESS AND TRANSPORTATION SERVICES TO 4,234 CHILDREN. AND AS WE LOOK TO THE FUTURE, OUR RESOLVE ONLY STRENGTHENS. WHETHER IT'S THROUGH INNOVATIVE PROGRAMS LIKE THE IMPACT NETWORK, DEDICATED TO TACKLING PRESSING COMMUNITY ISSUES, OR INITIATIVES LIKE THE SPONSOR-A-TEEN MEMBERSHIP PROGRAM, A FULLY DONOR-FUNDED PROGRAM WHICH WELCOMED NEARLY 4,000 YOUNG PEOPLE AGED 13-18 TO OUR RANKS, WE'RE COMMITTED TO BUILDING A BRIGHTER TOMORROW.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Assistant Treasurer | OfficerTrustee | 3 | $0 |
Name Not Listed Board Chair | OfficerTrustee | 3 | $0 |
Name Not Listed Treasurer | OfficerTrustee | 3 | $0 |
Name Not Listed Secretary | OfficerTrustee | 3 | $0 |
Name Not Listed Chair Elect | OfficerTrustee | 3 | $0 |
Name Not Listed Vice Chair | OfficerTrustee | 3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sussex Development Corp General Contractor | 12/30/23 | $1,479,647 |
Mid Atlantic Companies Inc Building Maintenance | 12/30/23 | $1,081,896 |
Coastal Design And Construction Inc General Contractor | 12/30/23 | $1,015,000 |
Shedrick Enterprises Llc General Contractor | 12/30/23 | $664,034 |
Jrc Services Llc Building And Pool Maintenance | 12/30/23 | $386,528 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $462,814 |
| Membership dues | $0 |
| Fundraising events | $187,536 |
| Related organizations | $0 |
| Government grants | $2,105,070 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,941,491 |
| Noncash contributions included in lines 1a–1f | $870,312 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,696,911 |
| Total Program Service Revenue | $45,903,528 |
| Investment income | $1,266,234 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $779,601 |
| Net Gain/Loss on Asset Sales | -$209,808 |
| Net Income from Fundraising Events | -$6,891 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$22,080 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $53,472,551 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $47,991 |
| 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. | $1,678,309 |
| Compensation of current officers, directors, key employees. | $1,258,635 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $24,556,601 |
| Pension plan accruals and contributions | $1,153,285 |
| Other employee benefits | $689,918 |
| Payroll taxes | $1,923,191 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $11,690 |
| Fees for services: Accounting | $77,408 |
| Fees for services: Lobbying | $713 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $43,648 |
| Fees for services: Other | $449,602 |
| Advertising and promotion | $509,934 |
| Office expenses | $4,749,494 |
| Information technology | $747,665 |
| Royalties | $0 |
| Occupancy | $7,612,793 |
| Travel | $1,088,882 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $595,282 |
| Interest | $689,506 |
| Payments to affiliates | $509,057 |
| Depreciation, depletion, and amortization | $4,922,142 |
| Insurance | $1,303,185 |
| All other expenses | $61,562 |
| Total functional expenses | $53,843,654 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,864 |
| Savings and temporary cash investments | $9,293,513 |
| Pledges and grants receivable | $5,933,996 |
| Accounts receivable, net | $532,692 |
| 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 | $539,849 |
| Net Land, buildings, and equipment | $78,722,103 |
| Investments—publicly traded securities | $26,088,327 |
| Investments—other securities | $2,350,519 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,914,910 |
| Total assets | $125,381,773 |
| Accounts payable and accrued expenses | $2,845,648 |
| Grants payable | $0 |
| Deferred revenue | $2,750,491 |
| Tax-exempt bond liabilities | $17,628,711 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $4,392,529 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $5,091,453 |
| Total liabilities | $32,708,832 |
| Net assets without donor restrictions | $77,723,386 |
| Net assets with donor restrictions | $14,949,555 |
| 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 | $125,381,773 |
Grants Awarded
Over the last fiscal year, Young Mens Christian Association Of South Hampton Roads has awarded $30,250 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
NORFOLK STATE UNIVERSITY FOUNDATION INC PURPOSE: 5K Run/Walk Sponsorship ($2,000) and Corprew Ave Foundation scholarship donation ($5,000) | $7,000 |
NAC SAVE OUR YOUTH FOUNDATION INC PURPOSE: Boys and Young Men of Color Stem Program donation ($7,500) and Table Sponsor for Black Tie Gala ($750) | $8,250 |
YMCA BLUE RIDGE ASSEMBLY PURPOSE: To further exempt purpose | $5,000 |
YMCA EMERGENCY ASSISTANCE FUND PURPOSE: Support of YMCA Employee Assistance Fund Program | $10,000 |