Young Mens Christian Association
- Assets
- $20.5m
- Revenue
- $9.4m
- Investments
- $0.0
- Employees
- 209
- Location
- Midland, TX
- Founding
- 01/1967
- Data as of
- 08/2023
- EIN
- 75-0871732
Organization Overview
Young Mens Christian Association, operating under the name YMCA of Midland Texas, is located in Midland, TX. The organization was established in 1967. 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 08/2023, YMCA of Midland Texas employed 209 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. YMCA of Midland Texas 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 08/2023, YMCA of Midland Texas generated $9.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $6.8m during the year ending 08/2023. While expenses have increased by 3.8% per year over the past 8 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 YMCA OF MIDLAND OFFERS A DIVERSE ARRAY OF ACTIVITIES AND PROGRAMS TAILORED TO INSPIRE WELLNESS, PERSONAL GROWTH, AND COMMUNITY ENGAGEMENT. FROM FITNESS FACILITIES AND EQUIPMENT TO YOUTH DEVELOPMENT INITIATIVES, AQUATICS PROGRAMS , AND COMMUNITY-BUILDING EVENTS, THE MIDLAND YMCA IS A HUB OF ACTIVITY FOR INDIVIDUALS AND FAMILIES ALIKE. ENGAGE IN FITNESS CLASSES, JOIN YOUTH SPORTS LEAGUES, PARTICIPATE IN VOLUNTEER OPPORTUNITIES, AND CONNECT WITH YOUR COMMUNITY THROUGH CULTURAL AND SOCIAL EVENTS. WITH A FOCUS ON INCLUSIVITY AND HOLISTIC WELL-BEING, THE MIDLAND YMCA IS YOUR DESTINATION FOR A VIBRANT AND ENRICHING EXPERIENCE, FOSTERING A SENSE OF BELONGING AND POSITIVE TRANSFORMATION. OUR DIVERSE RANGE OF ACTIVITIES AND PROGRAMS IS DESIGNED TO INSPIRE HEALTHY LIVING, PROMOTE SOCIAL RESPONSIBILITY, AND EMPOWER PEOPLE OF ALL AGES. OUR Y IS DEDICATED TO BUILDING HEALTHY, CONFIDENT , CONNECTED, AND SECURE CHILDREN, FAMILIES AND COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTHY LIFESTYLE PROGRAMS - YMCA HEALTH ENHANCEMENT PROGRAMS HELP ACHIEVE UNITY THROUGH MEDICALLY BASED PROGRAMS THAT STRESS PROPER EXERCISE, NUTRITION, AND STRESS MANAGEMENT. YMCA'S OFFER A LIFELONG PROGRESSION OF HEALTH AND FITNESS ACTIVITIES, EXPERIENCES AND EDUCATION, INCLUDING PROGRAMS FOR CHILDREN, TEENS, FAMILIES AND SENIORS. YMCA MEMBERSHIP PROGRAMS ARE DESIGNED TO ATTRACT PEOPLE OF ALL AGES, ABILITIES, INCOMES, AND BACKGROUNDS BY PROVIDING A WELCOMING ATMOSPHERE, WHERE HEALTH SEEKERS CAN FEEL COMFORTABLE AND RECEIVE THE SUPPORT THEY NEED TO IMPROVE THEIR OVERALL WELL-BEING. THESE MEMBERSHIP AND HEALTH PROGRAMS ARE OFFERED AT FEES AFFORDABLE TO THE COMMUNITY AT LARGE, WITH FINANCIAL ASSISTANCE FOR THOSE WHO CANNOT AFFORD THE FULL FEE. NO ONE IS DENIED MEMBERSHIP IN THE YMCA BECAUSE OF AN INABILITY TO PAY THE MEMBERSHIP FEE. THE YMCA PROVIDED $135,455 IN SCHOLARSHIPS TO CHILDREN AND FAMILIES FOR MEMBERSHIP DURING THE YEAR.
CHILD CARE PROGRAMS - THE PURPOSE OF THE YMCA CHILD CARE PROGRAMS IS TO FOSTER GROWTH AND DEVELOPMENT, NOT ONLY IN CHILDREN, BUT IN THEIR PARENTS AS WELL. THESE PROGRAMS HELP YOUTH DEVELOP MORAL AND ETHICAL BEHAVIOR , SELF-ESTEEM AND LEADERSHIP. CHILD CARE PROGRAMS FOR CHILDREN BETWEEN 6 WEEKS AND 13 YEARS OF AGE INCLUDE INFANT CARE, PRE-SCHOOL AND SCHOOL AGE CARE, SUMMER DAY CAMP AND HOLIDAY CAMPS. TEENS MAY PARTICIPATE IN SPORTS, FITNESS PROGRAMS AND YOUTH IN GOVERNMENT PROGRAMS. IN MANY INSTANCES, YMCA PROGRAMS MAKE IT POSSIBLE FOR THE PARENTS OF CHILDREN IN OUR PROGRAMS TO REMAIN EMPLOYED, KNOWING THAT THEIR CHILDREN ARE THRIVING IN A SAFE, DEVELOPMENTALLY SOUND ENVIRONMENT. FOR PARENTS WHO CANNOT AFFORD THE FULL FEE, CARE IS PROVIDED BELOW COST ON AN ABILITY TO PAY BASIS. A TOTAL OF $249,460 WAS AWARDED IN FINANCIAL ASSISTANCE FOR LICENSED CHILD CARE SERVICES.
YOUTH & FAMILY PROGRAMS - YOUTH SPORTS ACTIVITIES PROMOTE AN APPRECIATION OF ONE'S OWN WORTH. DEVELOPING EACH CHILD'S INDIVIDUAL SKILLS IS A KEY COMPONENT AS IS THE FULL AND EQUAL PARTICIPATION OF ALL CHILDREN IN EVERY GAME. YOUTH SPORTS PROGRAMS ALSO HELP STRENGTHEN FAMILY BONDS AS PARENTS ARE VOLUNTEER COACHES AND OFTEN SIBLINGS WATCH EACH OTHER'S GAMES. PARTICIPANTS IN YOUTH SPORTS BUILD A FOUNDATION FOR LIFE LONG HEALTHY HABITS. YMCA AQUATICS PROGRAM EMPHASIZES WATER SAFETY, TEACHES PEOPLE OF ALL AGES TO SWIM, AND PROMOTES GOOD HEALTH THROUGH REGULAR EXERCISE. THERE WAS $3,027 AWARDED FOR YOUTH SPORTS AND SWIMMING LESSONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Board Chair | OfficerTrustee | 2 | $0 |
Name Not Listed Secretary | OfficerTrustee | 2 | $0 |
Name Not Listed Immediate Past Chair | OfficerTrustee | 2 | $0 |
Name Not Listed Vice Chair | OfficerTrustee | 2 | $0 |
Name Not Listed Director | Trustee | 2 | $0 |
Name Not Listed Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $20,000 |
| Membership dues | $0 |
| Fundraising events | $153,656 |
| Related organizations | $0 |
| Government grants | $1,104,647 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,364,716 |
| Noncash contributions included in lines 1a–1f | $67,322 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,643,019 |
| Total Program Service Revenue | $5,937,276 |
| Investment income | $310,259 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $541,741 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$24,540 |
| Net Income from Fundraising Events | $23,520 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $3,959 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,435,234 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $387,900 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $370,069 |
| Compensation of current officers, directors, key employees. | $218,666 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,627,473 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $487,262 |
| Payroll taxes | $241,580 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $25,423 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $298,408 |
| Advertising and promotion | $69,077 |
| Office expenses | $592,245 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $525,671 |
| Travel | $43,758 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $41,982 |
| Interest | $0 |
| Payments to affiliates | $117,944 |
| Depreciation, depletion, and amortization | $732,189 |
| Insurance | $176,850 |
| All other expenses | $0 |
| Total functional expenses | $6,767,434 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,406,739 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $16,250 |
| Accounts receivable, net | $0 |
| 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 | $75,624 |
| Net Land, buildings, and equipment | $11,816,703 |
| Investments—publicly traded securities | $6,225,901 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $20,541,217 |
| Accounts payable and accrued expenses | $615,499 |
| Grants payable | $0 |
| Deferred revenue | $27,050 |
| 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 | $0 |
| Total liabilities | $642,549 |
| Net assets without donor restrictions | $19,448,279 |
| Net assets with donor restrictions | $450,389 |
| 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 | $20,541,217 |