Gaston County Family Ymca
- Assets
- $28.0m
- Revenue
- $6.0m
- Investments
- $0.0
- Employees
- 457
- Location
- Gastonia, NC
- Founding
- 07/1976
- Data as of
- 12/2021
- EIN
- 56-0655420
Organization Overview
Gaston County Family Ymca is located in Gastonia, NC. The organization was established in 1976. 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, Gaston County Family YMCA employed 457 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gaston County Family 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 12/2021, Gaston County Family YMCA generated $6.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $6.1m during the year ending 12/2021. While expenses have increased by 1.0% 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
THE GASTON COUNTY FAMILY YMCA IS A CHARITABLE COMMUNITY SERVICE ORGANIZATION THAT INCLUDES MEN, WOMEN AND CHILDREN OF ALL AGES, ABILITIES, INCOMES, RACES AND RELIGIONS. WE ARE DEDICATED TO BUILDING STRONG KIDS, STRONG FAMILIES AND STRONG COMMUNITIES BY PUTTING CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT PROMOTE HEALTHY LIFESTYLES, STRONG VALUES, LEADERSHIP DEVELOPMENT, COMMUNITY INTERACTION AND INTERNATIONAL UNDERSTANDING. ALL PERSONS ARE WELCOME AT OUR YMCA, REGARDLESS OF THEIR ABILITY TO PAY. OUR YMCA IS FOUNDED AND LED BY VOLUNTEERS FROM OUR COMMUNITY. VOLUNTEERS ALSO SERVE AS MENTORS, COACHES, PROGRAM LEADERS, INSTRUCTORS AND MORE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTHY LIVING: THE Y IS A LEADING VOICE ON HEALTH AND WELL-BEING. WE BRING FAMILIES CLOSER TOGETHER, ENCOURAGE GOOD HEALTH, AND FOSTER CONNECTIONS THROUGH FITNESS, WATER ACTIVITIES, FUN AND SHARED INTERESTS. THIS IS PARTICULARLY IMPORTANT AS OUR NATION STRUGGLES WITH THE PANDEMIC WHICH LED TO ISOLATION, OBESITY, CANCER WELLNESS, FAMILIES STRUGGLE WITH WORK/LIFE BALANCE, AND INDIVIDUALS SEARCH FOR PERSONAL FULFILLMENT. IT IS OUR MISSION TO ENSURE THE Y IS ALWAYS AFFORDABLE AND OPEN TO ALL FAITHS, BACKGROUNDS, ABILITIES, AND INCOME LEVELS.
YOUTH DEVELOPMENT: OUR Y IS COMMITTED TO NURTURING THE POTENTIAL OF EVERY CHILD AND AS WE EMERGE FROM THE PANDEMIC WE CONTINUE TO BE COMMITTED TO SUPPORTING YOUTH AND FAMILIES WITH CHILDCARE OPTIONS FOR BOTH IN PERSON AND VIRTUAL LEARNING SITES DURING THE SCHOOL YEAR AS WELL AS BRINGING BACK OUR VITAL PROGRAMMING. WE BELIEVE THAT THIS FOCUS ON SOCIAL AND EMOTIONAL HEALTH, VALUES EDUCATION, SKILL DEVELOPMENT, AND RELATIONSHIP BUILDING LEADS TO POSITIVE BEHAVIORS, BETTER HEALTH AND EDUCATIONAL ACHIEVEMENT. OUR YMCA PROGRAMS SUCH AS YOUTH AQUATICS INITIATIVES, YOUTH SPORTS, SUMMER DAY CAMP, AND Y AFTERSCHOOL OFFER A RANGE OF LIFE SKILLS THAT ENRICH COGNITIVE, SOCIAL, PHYSICAL AND EMOTIONAL GROWTH. OUR YMCA BELIEVES EVERY FAMILY SHOULD HAVE ACCESS TO AFFORDABLE PROGRAMS.
SOCIAL RESPONSIBILITY: OUR Y BELIEVES IN GIVING BACK AND SUPPORTING OUR COMMUNITY. WE HAVE BEEN LISTENING AND RESPONDING TO OUR COMMUNITY'S MOST CRITICAL SOCIAL NEEDS FOR MORE THAN 50 YEARS. THROUGHOUT THE YEAR WE ENGAGED IN PROGRAMS AND INITIATIVES FOCUSED ON STRENGTHENING GASTON COUNTY. THIS INCLUDES WORKING WITH YOUTH, ADULTS, SENIORS, FAMILIES, STAFF, AND VOLUNTEERS TO PAVE THE WAY FOR FUTURE GENERATIONS TO THRIVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $15,000 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,629,846 |
| All other contributions, gifts, grants, and similar amounts not included above | $424,304 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,069,150 |
| Total Program Service Revenue | $3,912,460 |
| Investment income | $124 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,981,734 |
| 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. | $239,686 |
| Compensation of current officers, directors, key employees. | $215,854 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,841,245 |
| Pension plan accruals and contributions | $158,010 |
| Other employee benefits | $236,594 |
| Payroll taxes | $169,694 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $37,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $516,733 |
| Advertising and promotion | $47,205 |
| Office expenses | $754,595 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $379,585 |
| Travel | $37,729 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,111 |
| Interest | $145,085 |
| Payments to affiliates | $101,105 |
| Depreciation, depletion, and amortization | $1,031,993 |
| Insurance | $79,847 |
| All other expenses | $0 |
| Total functional expenses | $6,123,489 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,945,455 |
| Savings and temporary cash investments | $422,292 |
| Pledges and grants receivable | $893,192 |
| Accounts receivable, net | $51,045 |
| 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 | $0 |
| Net Land, buildings, and equipment | $24,715,446 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $28,027,430 |
| Accounts payable and accrued expenses | $212,478 |
| Grants payable | $0 |
| Deferred revenue | $41,961 |
| 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 | $3,174,453 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,428,892 |
| Net assets without donor restrictions | $23,679,106 |
| Net assets with donor restrictions | $919,432 |
| 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 | $28,027,430 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Gaston County Family Ymca has recieved totaling $460,188.
| Awarding Organization | Amount |
|---|---|
Gaston Community Foundation Gastonia, NC PURPOSE: GENERAL SUPPORT | $240,272 |
Mch Foundation Gastonia, NC PURPOSE: GENERAL TAX EXEMPT PURPOSE | $200,000 |
National Council Of Young Mens Christian Assns Of The Usa Chicago, IL PURPOSE: Program Support | $11,377 |
Winston-Salem Foundation Winstonsalem, NC PURPOSE: 1 GRANT(S) FOR VARYING PURPOSES | $8,000 |
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $39 |
Endowment Analysis
| Beg. Balance | $5,000 |
| Ending Balance | $5,000 |