Mid-Willamette Family Ymca Inc
- Assets
- $29.9m
- Revenue
- $9.4m
- Investments
- $0.0
- Employees
- 212
- Location
- Albany, OR
- Founding
- 12/1960
- Data as of
- 12/2023
- EIN
- 93-0479079
Organization Overview
Mid-Willamette Family Ymca Inc is located in Albany, OR. The organization was established in 1960. 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, Mid-Willamette Family YMCA Inc employed 212 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mid-Willamette Family YMCA Inc 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, Mid-Willamette Family YMCA Inc generated $9.4m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 20.0% each year . All expenses for the organization totaled $5.7m during the year ending 12/2023. 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 Y IS A CAUSE-DRIVEN ORGANIZATION THAT IS FOR YOUTH DEVELOPMENT, FOR HEALTHY LIVING AND FOR SOCIAL RESPONSIBILITY. OUR MISSION IS TO PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD A HEALTHY SPIRIT, MIND AND BODY FOR ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FITNESS AND WELLNESS: THE YMCA OFFERS 32 LAND FITNESS AND 23 WATER FITNESS CLASSES EACH WEEK, WITH MORE THAN 500 PARTICIPANTS. IN ADDITION, 150 INDIVIDUALS RECEIVED WELLNESS COACHING OR PERSONAL TRAINING. PROGRAM AND CLASSES ARE OFFERED ON A DAILY BASIS AS PART OF THE REGULAR QUARTERLY PROGRAM SCHEDULE. MEMBERSHIP REVENUE NOT SPECIFICALLY ALLOCATED TO THIS PROGRAM IS ACCOUNTED FOR IN 4D BELOW.
FAMILY SERVICES: THE YMCA'S FAMILY SERVICES PROGRAMS INCLUDE A COMPREHENSIVE LIST OF ACTIVITIES FOR CHILDREN OF ALL AGES. OPPORTUNITIES RANGE FROM EARLY CHILDHOOD CHILDWATCH AND PRESCHOOL PROGRAMS TO SCHOOL AGED SUMMER DAY CAMP AND AFTERSCHOOL PROGRAMS AS WELL AS A HOST OF SPECIAL EVENTS THROUGHOUT THE YEAR. THE Y'S YOUTH DEVELOPMENT FOCUS IS TO NURTURE THE POTENTIAL OF EVERY CHILD AND TEEN.
CHILD CARE, DAY CAMP, YOUTH SPORTS AND MEMBERSHIP DEVELOPMENT EXPENSE FOR SOLICITATION OF NEW MEMBERS AND DUES, RETENTION OF CURRENT MEMBERS AND OTHER MEMBERSHIP PROGRAMS.
AQUATICS: MORE THAN 1,000 YOUTH AND ADULTS PARTICIPATED IN LEARN TO SWIM, SWIM LESSONS, SWIM TEAM, LAP SWIM AND RECREATION SWIM ON A DAILY BASIS AS PART OF THE REGULAR QUARTERLY PROGRAM SCHEDULE. MEMBERSHIP REVENUE NOT SPECIFICALLY ALLOCATED TO THIS PROGRAM IS ACCOUNTED FOR IN 4D BELOW.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed President | OfficerTrustee | 1 | $0 |
Name Not Listed | Trustee | 1 | $0 |
Name Not Listed | Trustee | 1 | $0 |
Name Not Listed | Trustee | 1 | $0 |
Name Not Listed | Trustee | 1 | $0 |
Name Not Listed | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rdg Construction Inc Construction Services | 12/30/23 | $157,401 |
Mike's Heating & Air Conditioning Inc Contractor Services | 12/30/23 | $125,050 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,025,705 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,340,894 |
| Noncash contributions included in lines 1a–1f | $4,557 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,366,599 |
| Total Program Service Revenue | $3,066,419 |
| Investment income | $7,177 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$158,554 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $57,554 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,420,852 |
| 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. | $149,078 |
| Compensation of current officers, directors, key employees. | $27,490 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,229,001 |
| Pension plan accruals and contributions | $102,596 |
| Other employee benefits | $129,242 |
| Payroll taxes | $197,995 |
| Fees for services: Management | $257,826 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $44,575 |
| Office expenses | $2,969 |
| Information technology | $89,703 |
| Royalties | $0 |
| Occupancy | $335,721 |
| Travel | $466 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,407 |
| Interest | $423,069 |
| Payments to affiliates | $56,171 |
| Depreciation, depletion, and amortization | $989,922 |
| Insurance | $84,704 |
| All other expenses | $43,378 |
| Total functional expenses | $5,712,659 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $265,757 |
| Savings and temporary cash investments | $615,485 |
| Pledges and grants receivable | $123,387 |
| Accounts receivable, net | $97,443 |
| 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 | $73,571 |
| Net Land, buildings, and equipment | $28,626,598 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $130,141 |
| Total assets | $29,932,382 |
| Accounts payable and accrued expenses | $444,040 |
| Grants payable | $0 |
| Deferred revenue | $71,656 |
| 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 | $3,172,617 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $885,955 |
| Total liabilities | $4,574,268 |
| Net assets without donor restrictions | $25,304,576 |
| Net assets with donor restrictions | $53,538 |
| 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 | $29,932,382 |
Grants Awarded
Over the last fiscal year, Mid-Willamette Family Ymca Inc has awarded $17,122,399 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NWFY NMTC HOLDINGS PURPOSE: AS PART OF THE STATE NMTC TRANSACTION, THE MID-WILLAMETTE FAMILY YMCA CONTRIBUTED THE NEW FACILITY, AND THE LAND IT SITS ON, IN EXCHANGE FOR A GROUND LEASE IN THE AMOUNT OF $6,471,600. THE DIFFERENCE BETWEEN THE BOOK VALUE OF THE LAND AND BUILDING AND THE CONSIDERATION RECEIVED BY MWFY NMTC HOLDINGS IS CONSIDERED THE VALUE OF THE NON-CASH ASSISTANCE. | $10,650,799 |
MID-WILLAMETTE FAMILY YMCA FOUNDATION PURPOSE: AS PART OF THE NEW MARKETS TAX CREDIT FINANCING TRANSACTION, THE MID-WILLAMETTE FAMILY YMCA TRANSFERED VALUE TO MID-WILLAMETTE FAMILY YMCA FOUNDATION TO COMPLY WITH FUNDING REQUIREMENTS. | $6,471,600 |