Alleghany Highlands Ymca
- Assets
- $6.5m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 120
- Location
- Covington, VA
- Founding
- 04/1993
- Data as of
- 12/2023
- EIN
- 54-1637131
Organization Overview
Alleghany Highlands Ymca is located in Covington, VA. The organization was established in 1993. 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, Alleghany Highlands YMCA employed 120 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Alleghany Highlands YMCA 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, Alleghany Highlands YMCA generated $3.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $2.6m during the year ending 12/2023. While expenses have increased by 3.7% 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
THE ALLEGHANY HIGHLANDS YMCA'S MISSION IS "TO PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD HEALTHY SPIRIT, MIND AND BODY FOR ALL."
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH DEVELOPMENT - THE YMCA CHILDCARE PROGRAMS OFFER HIGH QUALITY CHILDCARE ACTIVITIES FOR INFANT, PRESCHOOL AND SCHOOL-AGE CHILDREN. A VARIETY OF STATE-LICENSED CHILDCARE PROGRAMS ARE OFFERED. THE PROGRAMS PROVIDE A SAFE AND NURTURING ENVIRONMENT WHERE YOUTH CAN DEVELOP SELF-ESTEEM, GOOD VALUES, AND AN APPRECIATION FOR CHARITABLE SERVICE. YMCA CHILDCARE PROGRAMS HELP RELIEVE THE BURDEN OF BALANCING WORK AND FAMILY BY ALLOWING PARENTS IN THE AREA TO REMAIN GAINFULLY EMPLOYED WHILE KNOWING THEIR CHILDREN ARE IN A SAFE, DEVELOPMENTALLY SOUND ENVIRONMENT.
HEALTHY LIVING - THE YMCA HAS DESIGNED HEALTH AND WELL-BEING PROGRAMS TO HELP PEOPLE DEVELOP NEW SKILLS AND GROW IN SPIRIT, MIND AND BODY BY SETTING REALISTIC GOALS FOR SELF-IMPROVEMENT AND DISEASE PREVENTION THROUGH AN ACTIVE LIFESTYLE, PROPER NUTRITION, STRESS MANAGEMENT AND HEALTH EDUCATION. YMCA PROGRAMS PROMOTE INTERACTION, TEAMWORK AND DEVELOPMENT OF MORAL AND ETHICAL BEHAVIOR, SOCIAL SKILLS AND SELF-ESTEEM. THESE PROGRAMS INCLUDE LAND AND WATER GROUP EXERCISE CLASSES, FITNESS TESTING, CARDIO AND STRENGTH TRAINING, HEALTH AND NUTRITION EDUCATION CLASSES, BASKETBALL, AND VOLLEYBALL AS PART OF THEIR MEMBERSHIP. THE YMCA ALSO PROVIDES SWIM LESSONS, YOUTH SWIM TEAM, CERTIFICATION CLASSES IN FIRST AID, CPR, AED, AND LIFEGUARDING.
SOCIAL RESPONSIBILITY - THE YMCA PROMOTES COMMUNITY DEVELOPMENT THROUGH A SERIES OF PROGRAMS DESIGNED TO ADDRESS THE NEEDS IN THE AREA. THE YMCA PROVIDES AFTER PROM FOR HIGH SCHOOL STUDENTS, WEEKLY BINGO FOR SENIOR ADULTS, AND COMMUNITY WELLNESS WORKSHOPS FOR SOCIAL, RECREATIONAL, AND PHYSICAL ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Chief Volunteer Officer | OfficerTrustee | 1 | $0 |
Name Not Listed Treasurer | OfficerTrustee | 1 | $0 |
Name Not Listed First Vice Chairman | OfficerTrustee | 1 | $0 |
Name Not Listed Second Vice Chairman | OfficerTrustee | 1 | $0 |
Name Not Listed Member | Trustee | 1 | $0 |
Name Not Listed Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $3,295 |
| Related organizations | $0 |
| Government grants | $544,498 |
| All other contributions, gifts, grants, and similar amounts not included above | $832,872 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,380,665 |
| Total Program Service Revenue | $1,691,240 |
| Investment income | $7,034 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$6,165 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,094,258 |
| 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. | $63,136 |
| Compensation of current officers, directors, key employees. | $6,977 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,445,504 |
| Pension plan accruals and contributions | $41,541 |
| Other employee benefits | $2,062 |
| Payroll taxes | $115,341 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $10,400 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,627 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,062 |
| Travel | $10,990 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,470 |
| Interest | $0 |
| Payments to affiliates | $29,964 |
| Depreciation, depletion, and amortization | $267,424 |
| Insurance | $62,305 |
| All other expenses | $126,181 |
| Total functional expenses | $2,601,067 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $527 |
| Savings and temporary cash investments | $957,891 |
| Pledges and grants receivable | $113,335 |
| Accounts receivable, net | $55,926 |
| 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 | $1,022 |
| Net Land, buildings, and equipment | $5,256,048 |
| Investments—publicly traded securities | $7,178 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $91,931 |
| Total assets | $6,483,858 |
| Accounts payable and accrued expenses | $38,625 |
| Grants payable | $0 |
| Deferred revenue | $20,373 |
| 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 | $0 |
| Other liabilities | $45,982 |
| Total liabilities | $104,980 |
| Net assets without donor restrictions | $6,186,142 |
| Net assets with donor restrictions | $192,736 |
| 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 | $6,483,858 |