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 12/2021, YMCA of Greater Richmond employed 2,733 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 12/2021, YMCA of Greater Richmond generated $44.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $41.9m during the year ending 12/2021. While expenses have increased by 0.7% 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 & 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 HEALTHY LIVING 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. DUE TO THE COVID-19 PANDEMIC, THE Y'S BRANCHES WERE CLOSED FOR 11 WEEKS IN 2020 AND WERE REOPENED UNDER STATE MANDATED LIMITATIONS WHICH WERE RELEASED GRADUALLY THROUGHOUT 2021. THE Y WAS ABLE TO MAINTAIN OPERATIONS AT ALL OF ITS BRANCHES, ADDING AN AQUATICS CENTER DURING THIS PERIOD. THE Y CONTINUED TO PROVIDE AN INCREASING NUMBER OF PROGRAMS AND SERVICES FOR ITS MEMBERS DURING 2021 AND FOLLOWED STRICT PROTOCOLS TO PROVIDE A SAFE AND HEALTHY ENVIRONMENT. THE ORGANIZATION WAS STILL ABLE TO SERVE APPROXIMATELY 134,000 PEOPLE IN 2021 AND HAS APPROXIMATELY 78,700 ACTUAL MEMBERS AT SEVENTEEN BRANCHES. FINANCIAL ASSISTANCE OF OVER $2.3 MILLION WAS GRANTED TO INDIVIDUALS WHO MAY OTHERWISE NOT HAVE BEEN ABLE TO AFFORD THE FULL COST OF MEMBERSHIP.
YOUTH DEVELOPMENT IS THE SECOND LARGEST OF OUR PROGRAM EXPENSES. THE Y PROVIDES YOUTH WITH EDUCATION, SUPPORT, PHYSICAL AND EMOTIONAL GUIDANCE AND ENRICHMENT TO PREPARE THEM FOR A LIFETIME OF THRIVING. WE DO THIS BY PROVIDING ACADEMIC SUPPORT, PHYSICAL ACTIVITY, SOCIAL CONNECTIVITY, FAMILY ENGAGEMENT AND 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 2021, THE Y EXPANDED YOUTH PROGRAMS WHICH HAD BEEN IMPACTED BY THE PANDEMIC IN 2020. IN THE SPRING, THE Y OFFERED VIRTUAL EDUCATION OPTIONS IN PARTNERSHIP WITH RICHMOND AREA PUBLIC SCHOOLS. IN THE SUMMER, THE Y EXPANDED ITS SUMMER CAMPS AND SERVED OVER 1,000 YOUTH WITH THE POWER SCHOLARS ACADEMY CURRICULUM. IN THE FALL OF 2021, WE RESUMED LICENSED CHILDCARE AT MANY OF THE REGION'S PUBLIC SCHOOLS. AT THE SAME TIME, YOUTH SPORTS ACTIVITIES AND TEEN LEADERS CLUBS GREW BACK TO PRE-PANDEMIC LEVELS AS FAMILIES SOUGHT SAFE AND FUN ACTIVITIES FOR THEIR CHILDREN.
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 2021, 6,800 INDIVIDUALS VOLUNTEERED THEIR TIME, TALENT, AND TREASURE TO YMCA OF GREATER RICHMOND PROGRAMS. ALTHOUGH MANY COMMUNITY ORGANIZATIONS WERE SHUT DOWN DURING THE COVID-19 PANDEMIC, THE Y INCREASED ITS PRESENCE IN THE COMMUNITY BY HOSTING BLOOD DRIVES, RUNNING FOOD COLLECTION EVENTS, DELIVERING FOOD TO FAMILIES WITH LIMITED ACCESS AND REACHING OUT TO SENIORS WHO WERE SEQUESTERED WITHIN THEIR HOMES. 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 2,100 STUDENTS THROUGH ELEMENTARY SCHOOLS. THE Y EXPANDED SOCIAL NEEDS NAVIGATION PROGRAMS IN RICHMOND AND ASHLAND TO REACH OUT TO INDIVIDUALS AFFECTED BY THE ECONOMIC IMPACT OF THE PANDEMIC, PROVIDING ACCESS TO FOOD, SHELTER AND HEALTHCARE RESOURCES. IN ADDITION, THE YMCA OF GREATER RICHMOND CONTINUED TO RAISE AWARENESS OF DIVERSITY, EQUITY, AND INCLUSION ISSUES WITHIN OUR COMMUNITY AND REMAINS A POSITIVE FORCE FOR SOCIAL CHANGE. FINANCIAL ASSISTANCE OF $773,700 WAS GRANTED IN ORDER FOR YOUTH TO PARTICIPATE IN YMCA OUTREACH PROGRAMS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Name Not Listed Director | Trustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Kbs Inc Building Renovations | 12/30/21 | $3,261,934 |
Emc Mechanical Services Building Repairs And Maintenance | 12/30/21 | $1,043,869 |
Lewis Media Partners Llc Media/advertising | 12/30/21 | $916,659 |
Daxko Software Services | 12/30/21 | $636,308 |
Pro-kleen Cleaning Services | 12/30/21 | $463,851 |
Statement of Revenue | |
---|---|
Federated campaigns | $150,350 |
Membership dues | $0 |
Fundraising events | $15,650 |
Related organizations | $0 |
Government grants | $8,673,811 |
All other contributions, gifts, grants, and similar amounts not included above | $7,622,464 |
Noncash contributions included in lines 1a–1f | $592,646 |
Total Revenue from Contributions, Gifts, Grants & Similar | $16,462,275 |
Total Program Service Revenue | $26,466,803 |
Investment income | $412,987 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $16,800 |
Net Gain/Loss on Asset Sales | $751,941 |
Net Income from Fundraising Events | $14,305 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $653 |
Miscellaneous Revenue | $0 |
Total Revenue | $44,149,651 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $288,347 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $849,451 |
Compensation of current officers, directors, key employees. | $403,637 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $19,063,276 |
Pension plan accruals and contributions | $1,266,016 |
Other employee benefits | $830,765 |
Payroll taxes | $1,709,215 |
Fees for services: Management | $0 |
Fees for services: Legal | $34,743 |
Fees for services: Accounting | $108,208 |
Fees for services: Lobbying | $701 |
Fees for services: Fundraising | $50,840 |
Fees for services: Investment Management | $55,374 |
Fees for services: Other | $545,912 |
Advertising and promotion | $967,513 |
Office expenses | $990,327 |
Information technology | $1,277,591 |
Royalties | $0 |
Occupancy | $5,657,132 |
Travel | $294,925 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $123,145 |
Interest | $772,101 |
Payments to affiliates | $404,903 |
Depreciation, depletion, and amortization | $3,755,301 |
Insurance | $28,443 |
All other expenses | $88,160 |
Total functional expenses | $41,938,542 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $3,018 |
Savings and temporary cash investments | $21,605,270 |
Pledges and grants receivable | $3,418,922 |
Accounts receivable, net | $69,930 |
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 | $270,247 |
Net Land, buildings, and equipment | $83,338,421 |
Investments—publicly traded securities | $9,504,642 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $692,113 |
Total assets | $118,902,563 |
Accounts payable and accrued expenses | $2,764,068 |
Grants payable | $0 |
Deferred revenue | $1,996,113 |
Tax-exempt bond liabilities | $32,932,689 |
Escrow or custodial account liability | $356,026 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $5,962,523 |
Other liabilities | $191,104 |
Total liabilities | $44,202,523 |
Net assets without donor restrictions | $62,473,652 |
Net assets with donor restrictions | $12,226,388 |
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 | $118,902,563 |
Over the last fiscal year, we have identified 27 grants that Young Mens Christian Association Of Greater Richmond has recieved totaling $1,913,434.
Awarding Organization | Amount |
---|---|
The Community Foundation Inc Richmond, VA PURPOSE: GENERAL PURPOSES | $571,589 |
Robins Foundation Richmond, VA PURPOSE: TO SUPPORT THE CHARITABLE MISSION OF THE RECIPIENT ORGANIZATION | $214,433 |
Virginia Alliance Of Ymcas Richmond, VA PURPOSE: TO ASSIST WITH YMCA POWER SCHOLARS ACADEMY | $200,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HUMAN SERVICES | $180,008 |
Dominion Energy Charitable Foundation Richmond, VA PURPOSE: Y STRONG: YMCA RENOVATIONS AT CHESTER, MANCHESTER, SWIFT CREEK, AND TUCKAHOE | $125,000 |
United Way Of Greater Richmond Richmond, VA PURPOSE: DONOR DIRECT FUNDS (DESIGNATIONS) FOR GENERAL PURPOSES | $115,000 |
Beg. Balance | $7,466,980 |
Earnings | $845,363 |
Admin Expense | $43,757 |
Net Contributions | $99,055 |
Other Expense | $11,409 |
Ending Balance | $8,356,232 |