Young Mens Christian Association Of Greater Richmond, operating under the name YMCA of Greater Richmond, is located in Richmond, 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 Greater Richmond employed 3,231 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. YMCA of Greater Richmond 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 Greater Richmond generated $56.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $56.0m during the year ending 12/2023. While expenses have increased by 3.8% 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 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 IS THE LARGEST OF THE YMCA'S PROGRAM EXPENSES. THE Y'S COMMITMENT TO ADVANCING WHOLE HEALTH - SPIRIT, MIND, AND BODY - MAKES IT A LEADING VOICE ON HEALTH AND WELL-BEING IN THE COMMUNITIES THAT WE SERVE. OUR HEALTHY LIVING PHILOSOPHY RUNS THROUGH EVERY PROGRAM WE OFFER AND IT IS CENTRAL TO OUR MISSION. WE BRING FAMILIES CLOSER TOGETHER, ENCOURAGE GOOD HEALTH, AND FOSTER CONNECTIONS THROUGH FITNESS, FUN AND SHARED INTERESTS. AT THE END OF 2023, THE ASSOCIATION WAS SERVING 110,000 MEMBERS AT SEVENTEEN BRANCHES. POST-PANDEMIC INFLATIONARY PRESSURES MADE DELIVERY OF THE PROGRAMS AND SERVICES A CHALLENGE. NONETHELESS, FINANCIAL ASSISTANCE OF OVER $4.0 MILLION WAS GRANTED TO INDIVIDUALS WHO MAY OTHERWISE NOT HAVE BEEN ABLE TO AFFORD THE FULL COST OF MEMBERSHIP AND PROGRAMMING.
YOUTH DEVELOPMENT IS THE SECOND LARGEST OF OUR PROGRAM EXPENSES. THE Y PROVIDES ENRICHING LEARNING OPPORTUNITIES TO YOUTH THROUGH EDUCATION, SUPPORT, PHYSICAL AND EMOTIONAL GUIDANCE TO PREPARE THEM FOR A LIFETIME OF THRIVING. WE DO THIS BY PROVIDING ACADEMIC SUPPORT, PHYSICAL ACTIVITY, SOCIAL CONNECTIVITY, AND FAMILY ENGAGEMENT, WHILE PROMOTING HEALTHY EATING HABITS IN ALL OF OUR PROGRAMS. WE OFFER CHILDREN AND TEENS THE OPPORTUNITY TO CULTIVATE THE VALUES, SKILLS AND RELATIONSHIPS THAT LEAD TO EDUCATIONAL ACHIEVEMENT, POSITIVE BEHAVIORS AND BETTER HEALTH. DURING 2023, THE Y CONTINUED TO EXPAND YOUTH PROGRAMS WHICH HAD BEEN IMPACTED BY THE PANDEMIC. OVER 13,000 CHILDREN WERE ENROLLED IN YOUTH SPORTS IN 2023 ACROSS THE ASSOCIATION. 9,500 INDIVIDUALS WERE INVOLVED IN SWIMMING PROGRAMS, AS THE Y EMPHASIZED ITS DROWNING PREVENTION PROGRAMMING BOTH AT ITS FACILITIES AND IN COOPERATION WITH LOCAL SCHOOL SYSTEMS. THE Y SERVED 4,100 CHILDREN IN ITS BEFORE AND AFTER SCHOOL PROGRAMS, WHILE OVER 2,000 OF THESE STUDENTS RECEIVED FINANCIAL ASSISTANCE. THE YMCA SERVED OVER 5,700 CHILDREN IN ITS SUMMER CAMP PROGRAMS AND POWER SCHOLAR ACADEMY SERVICES WERE OFFERED IN HENRICO COUNTY AND THE CITY OF PETERSBURG. THE AVAILABILITY OF STAFF AND WAGE INFLATION WERE PARTICULARLY ACUTE IN THE CHILDCARE INDUSTRY. FINANCIAL ASSISTANCE OF OVER $1.3 MILLION WAS GRANTED TO INDIVIDUALS WHO MAY OTHERWISE NOT HAVE BEEN ABLE TO AFFORD THE FULL COST OF YOUTH SERVICES.
SOCIAL RESPONSIBILITY IS THE THIRD LARGEST OF OUR PROGRAM EXPENSES. THE Y IS COMMITTED TO BEING ACCESSIBLE TO EVERYONE BY IDENTIFYING, ADDRESSING AND ELIMINATING ECONOMIC, GEOGRAPHICAL AND CULTURAL BARRIERS. AT THE Y, EVERYONE HAS THE OPPORTUNITY TO BELONG. THROUGH OUR NEW COMMUNITY IMPACT INITIATIVE, WE ARE EMPHASIZING COMMUNITY HEALTH, ADAPTIVE PROGRAMS, ACTIVE OLDER ADULTS, WELCOME CENTERS, AND SPIRITUALITY. WE DO THIS BY ENGAGING AND CONVENING THE VARYING DEMOGRAPHICS IN OUR COMMUNITY TO LIVE, WORK AND PLAY THROUGH OUR PROGRAM SERVICES AND VOLUNTEERISM. IN 2023, 11,500 INDIVIDUALS VOLUNTEERED THEIR TIME, TALENT, AND TREASURE TO YMCA OF GREATER RICHMOND PROGRAMS. THE Y PROVIDES SUBSIDIZED SCHOOL AGED PROGRAMS IN MULTIPLE COMMUNITIES TO ALLOW CHILDREN THE OPPORTUNITY TO ATTEND BEFORE AND AFTER SCHOOL PROGRAMS. THE Y CONTINUED ITS LONGSTANDING BRIGHT BEGINNINGS PROGRAM BY COLLECTING SCHOOL SUPPLIES FROM COMMUNITY GROUPS AND PROVIDING SPECIAL EVENTS FOR THE DISTRIBUTION OF THE SUPPLIES TO 2,200 STUDENTS THROUGH LOCAL ELEMENTARY SCHOOLS. THE Y EXPANDED ITS SOCIAL NEEDS NAVIGATION PROGRAMS IN THE RICHMOND REGION TO REACH OUT TO INDIVIDUALS AFFECTED BY THE ECONOMIC IMPACT OF THE PANDEMIC, PROVIDING ACCESS TO FOOD, SHELTER, AND HEALTHCARE RESOURCES TO OVER 2,300 INDIVIDUALS. THE YMCA CONTINUES TO BE A CONVENER IN THE RICHMOND REGION THROUGH ITS PARTICIPATION IN THE HELP1RVA INITIATIVE WHICH PROVIDES ACCESS TO VITAL COMMUNITY SERVICES. THE YMCA AND ITS VOLUNTEERS DISTRIBUTED 120 TONS OF FOOD AT ITS MOBILE FOOD DISTRIBUTION SITES. IN ADDITION, THE YMCA OF GREATER RICHMOND CONTINUED TO RAISE AWARENESS OF DIVERSITY, EQUITY, AND INCLUSION (DEI) ISSUES WITHIN OUR COMMUNITY AND REMAINS A POSITIVE FORCE FOR SOCIAL CHANGE. THE YMCA HOSTED NUMEROUS DEI COMMUNITY EVENTS IN 2023, WHILE PROVIDING EXTENSIVE SUPPORT AND TRAINING FOR ITS EMPLOYEES. FINANCIAL ASSISTANCE OF OVER $1.8 MILLION WAS GRANTED IN ORDER FOR YOUTH TO PARTICIPATE IN YMCA OUTREACH PROGRAMS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Chair Elect | OfficerTrustee | 2 | $0 |
Name Not Listed Immediate Past Chair | OfficerTrustee | 1 | $0 |
Name Not Listed Secretary | OfficerTrustee | 2 | $0 |
Name Not Listed Treasurer | OfficerTrustee | 2 | $0 |
Name Not Listed Chair | OfficerTrustee | 2 | $0 |
Name Not Listed Director | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Hourigan Construction Corp Building Renovations | 12/30/23 | $6,763,560 |
Emc Mechanical Services Building Repairs And Maintenance | 12/30/23 | $1,423,232 |
Daxko Llc Software Services | 12/30/23 | $1,041,144 |
Lewis Media Partners Llc Media/advertising | 12/30/23 | $662,950 |
Pro-kleen Cleaning Services | 12/30/23 | $643,676 |
Statement of Revenue | |
---|---|
Federated campaigns | $117,698 |
Membership dues | $0 |
Fundraising events | $1,309 |
Related organizations | $0 |
Government grants | $3,624,618 |
All other contributions, gifts, grants, and similar amounts not included above | $6,099,098 |
Noncash contributions included in lines 1a–1f | $291,010 |
Total Revenue from Contributions, Gifts, Grants & Similar | $9,842,723 |
Total Program Service Revenue | $44,301,948 |
Investment income | $975,140 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $13,800 |
Net Gain/Loss on Asset Sales | $991,461 |
Net Income from Fundraising Events | $40,402 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $13,329 |
Miscellaneous Revenue | $0 |
Total Revenue | $56,285,442 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $502,500 |
Grants and other assistance to domestic individuals. | $253,831 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,075,390 |
Compensation of current officers, directors, key employees. | $822,770 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $26,897,196 |
Pension plan accruals and contributions | $1,337,990 |
Other employee benefits | $1,055,414 |
Payroll taxes | $2,358,842 |
Fees for services: Management | $47,061 |
Fees for services: Legal | $3,222 |
Fees for services: Accounting | $88,350 |
Fees for services: Lobbying | $627 |
Fees for services: Fundraising | $52,814 |
Fees for services: Investment Management | $52,231 |
Fees for services: Other | $728,476 |
Advertising and promotion | $899,607 |
Office expenses | $1,605,644 |
Information technology | $1,604,631 |
Royalties | $0 |
Occupancy | $7,756,151 |
Travel | $711,969 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $421,511 |
Interest | $787,383 |
Payments to affiliates | $460,415 |
Depreciation, depletion, and amortization | $3,980,749 |
Insurance | $35,827 |
All other expenses | $74,893 |
Total functional expenses | $55,986,485 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,990 |
Savings and temporary cash investments | $9,682,945 |
Pledges and grants receivable | $1,818,068 |
Accounts receivable, net | $177,961 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $1,650,000 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $271,080 |
Net Land, buildings, and equipment | $86,625,783 |
Investments—publicly traded securities | $18,120,096 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $3,519,351 |
Total assets | $121,868,274 |
Accounts payable and accrued expenses | $3,090,263 |
Grants payable | $0 |
Deferred revenue | $1,675,790 |
Tax-exempt bond liabilities | $29,458,438 |
Escrow or custodial account liability | $818,572 |
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 | $3,186,836 |
Total liabilities | $38,229,899 |
Net assets without donor restrictions | $69,898,577 |
Net assets with donor restrictions | $13,739,798 |
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 | $121,868,274 |