Waldo County Young Mens Christian Association
- Assets
- $5.8m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 93
- Location
- Belfast, ME
- Founding
- 05/1995
- Data as of
- 12/2023
- EIN
- 01-0493123
Organization Overview
Waldo County Young Mens Christian Association is located in Belfast, ME. The organization was established in 1995. 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, Waldo County Young Mens Christian Association employed 93 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Waldo County Young Mens Christian Association 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, Waldo County Young Mens Christian Association generated $2.1m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $2.3m during the year ending 12/2023. While expenses have increased by 2.9% 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
IT IS THE MISSION OF THE WALDO COUNTY YMCA TO PROMOTE THE PHYSICAL, MENTAL, SOCIAL AND SPIRITUAL DEVELOPMENT OF WALDO COUNTY CHILDREN
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEALTH & WELLNESS FOR YOUTH & ADULTS-HELPING PEOPLE OF ALL AGES & ABILITIES DEVELOP HEALTH IN SPIRIT, MIND & BODY IS AT THE CORE OF THE WALDO COUNTY YMCA MISSION. OUR PROGRAMS ARE DESIGNED TO HELP PEOPLE CREATE REALISTIC GOALS FOR SELF-IMPROVEMENT & EMPHASIZE DISEASE PREVENTION THROUGH REGULAR EXERCISE, PROPER NUTRITION, STRESS MANAGEMENT & HEALTH EDUCATION. OUR SPORTS PROGRAMS FOR INDIVIDUALS & FAMILIES PROMOTE TEAMWORK, INTERACTION & DEVELOPMENT OF SOCIAL & PHYSICAL SKILLS. PROGRAM REVENUES INCLUDE THOSE ASSOCIATED WITH HEALTH ENHANCEMENT, GENERAL AQUATICS, ADULT SPORTS & ACTIVE OLDER ADULTS. EXPENSES INCLUDE DIRECT & ALLOCATED INDIRECT COSTS INCLUDING OTHER PROGRAM SUPPORT, FACILITY COSTS, MEMEBER SERVICES, FINANCIAL ASSISTANCE & DEPRECIATION. ALL OF OUR SERVICES ARE PROVIDED AT AFFORDABLE FEES FOR THE COMMUNITY AT LARGE WITH FINANCIAL ASSISTANCE AVAILABLE FOR THOSE IN NEED. THESE PROGRAMS SERVE ABOUT 6,000 INDIVIDUALS.
CHILDCARE-WALDO COUNTY YMCA PROVIDES HIGH QUALITY CHILDCARE BY PROVIDING COMPREHENSIVE ACTIVITIES FOR PRESCHOOL & SCHOOL AGE CHILDREN DRAWING ON DIVERSE MEMBERS OF THE LOCAL COMMUNITY. WE PROVIDE BOTH FULL & PART TIME OPTIONS TO SERVE A WIDE RANGE OF FAMILY SCHEDULING NEEDS. WOVEN INTO THE FABRIC OF THE WALDO COUNTY YMCAS MISSION IS A COMMITMENT TO STRENGTHEN FAMILIES. WALDO COUNTY YMCA CHILDCARE PROGRAMS RELIEVE THE BURDEN OF BALANCING WORK & FAMILY & MAKE IT POSSIBLE FOR PARENTS OF CHILDREN IN OUR CARE TO REMAIN GAINFULLY EMPLOYED KNOWING THAT THEIR CHILDREN ARE THRIVING IN A SAFE & DEVELOPMENTALLY SOUND ENVIRONMENT. PROGRAMS INCLUDE PRESCHOOL, BEFORE & AFTER SCHOOL CARE & BABYSITTING. EXPENSES INCLUDE DIRECT & ALLOCATED INDIRECT COSTS, INCLUDING OTHER PROGRAM SUPPORT, FACILITY COSTS, MEMBER SERVICES, FINANCIAL ASSISTANCE & DEPRECIATION. OUR SERVICES ARE PROVIDED AT AFFORABLE FEES FOR THE COMMUNITY AT LARGE WITH FINANCIAL ASSISTANCE AVAILABLE FOR THOSE IN NEED.
YOUTH DEVELOPMENT PROGRAMS-WALDO COUNTY YMCA YOUTH/TEAM PROGRAMS GIVE KIDS GOOD ROLE MODELS TO HELP DEVELOP POSITIVE SELF ESTEEM & GOOD VALUES, INCLUDING COOPERATION, RESPECT, GOOD CITIZENSHIP & STRONG WORK ETHIC. OUR YOUTH ADVOCACY PROGRAM PROMOTES THE BENEFITS OF NON-SMOKING & OTHER DRUG USE EDUCATION. THE WALDO COUNTY MAINTAINS A TEEN CENTER TO PROVIDE A SAFE, HEALTHY & FUN PLACE FOR TEENS TO HANG OUT & PARTICIPATE IN MONITORED ACTIVITIES DAY AFTER SCHOOL. OUR CAMPING PROGRAM PROVIDES A LASTING EXPERIENCE OF PERSONAL ENRICHMENT. DAY CAMPS & ADVENTURE CAMPS OFFER LEARNING ACTIVITIES TO CHALLENGE & PROMOTE SPIRITUAL AWARENESS, MENTAL DEV. & PHYSICAL SKILLS TO RECOGNIZE THE VALUE OF COOPERATION & TO GAIN SELF-CONFIDENCE. PROGRAMS INCLUDE THE BLUEFISH SWIM TEAM & VARIOUS YOUTH SPORTS. EXPENSES INCLUDE DIRECT & ALLOCATED INDIRECT COSTS INCLUDING OTHER PROG SUPPORT, FACILITY COSTS, MEMEBER SERVICES, FIN. ASST. & DEPREC. OUR SERV ARE PROVIDED AT AFFORDABLE FEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Russell Werkman CEO | Officer | 50 | $69,395 |
Julie Morse Director | Trustee | 1 | $0 |
Heather Ward Director | Trustee | 1 | $0 |
Dan Horton Director | Trustee | 1 | $0 |
David Flanagan Director | Trustee | 1 | $0 |
Aaron Cross Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $16,858 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $329,607 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $346,465 |
| Total Program Service Revenue | $1,637,320 |
| Investment income | $70,842 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $6,763 |
| Net Gain/Loss on Asset Sales | $4,439 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,063,480 |
| 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. | $69,395 |
| Compensation of current officers, directors, key employees. | $69,395 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $964,028 |
| Pension plan accruals and contributions | $43,717 |
| Other employee benefits | $59,993 |
| Payroll taxes | $81,483 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,588 |
| Fees for services: Accounting | $15,464 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,750 |
| Fees for services: Other | $18,438 |
| Advertising and promotion | $4,814 |
| Office expenses | $0 |
| Information technology | $19,815 |
| Royalties | $0 |
| Occupancy | $245,605 |
| Travel | $5,730 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $296,377 |
| Insurance | $58,691 |
| All other expenses | $80,169 |
| Total functional expenses | $2,290,891 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $570 |
| Savings and temporary cash investments | $355,372 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $23,948 |
| 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 | $20,627 |
| Net Land, buildings, and equipment | $4,174,849 |
| Investments—publicly traded securities | $1,221,250 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,796,616 |
| Accounts payable and accrued expenses | $59,678 |
| Grants payable | $0 |
| Deferred revenue | $71,032 |
| 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 | $3,836 |
| Total liabilities | $134,546 |
| Net assets without donor restrictions | $4,969,845 |
| Net assets with donor restrictions | $692,225 |
| 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 | $5,796,616 |