Young Mens Christian Association Somerville
- Assets
- $2.6m
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 84
- Location
- Somerville, MA
- Founding
- 07/1942
- Data as of
- 12/2021
- EIN
- 04-2103853
Organization Overview
Young Mens Christian Association Somerville is located in Somerville, MA. The organization was established in 1942. 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, Young Mens Christian Association Somerville employed 84 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Young Mens Christian Association Somerville 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, Young Mens Christian Association Somerville generated $3.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.0% each year. All expenses for the organization totaled $2.8m during the year ending 12/2021. While expenses have increased by 5.7% 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
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 & AQUATICS PROGRAMS: OUR YMCA OFFERS A VARIETY OF PROGRAMS THAT IMPROVE THE HEALTH AND FITNESS OF MEMBERS OF ALL AGES. OUR FACILITY HAS AND INDOOR SWIMMING POOL THAT IS UTILIZED FOR LAP SWIMMING, SWIM LESSONS, WATER EXERCISES AND OUR YMCA "CAT SWIM TEAM". WE ALSO HAVE A GYMNASIUM WHERE WE PROVIDE GYM CLASSES FOR CHILDREN, FITNESS CLASSES FOR ADULTS AND SPORTS FOR ALL AGES. THE Y HAS TWO WEIGHT TRAINING FACILITIES, AND OLYMPIC FREE WEIGHT ROOM AND A NAUTILUS FITNESS ROOM THAT INCLUDES A NUMBER OF CARDIO MACHINES. OUR ASSOCIATION IS OPEN TO THE PUBLIC SEVEN DAYS A WEEK FIFTY-TWO WEEKS A YEAR. WE PARTICIPATE IN A NUMBER OF COLLABORATIONS THAT INCREASE PARTICIPATION TO LOW INCOME FAMILIES IN OUR SERVICE AREA.
PRESCHOOL, SCHOOL AGED CHILD CARE, AND SUMMER DAY CARE: OPEN 52 WEEKS A YEAR, FIVE-DAYS A WEEK THE CHILD CARE PROGRAM PROVIDES 39 PRESCHOOL CHILDREN AND 78 AGED CHILDREN WITH A POSITIVE ENVIRONMENT FOR THEIR DEVELOPMENT. OUR SCHOOL AGE PROGRAM EXPANDS TO 150 CHILDREN A DAY DURING THE SUMMER MONTHS. THE PRIMARY INTENT OF THE CHILD CARE PROGRAM IS TO HELP CHILDREN DEVELOP THEIR FULLEST POTENTIAL. THE SOMERVILLE YMCA CHILD CARE PROGRAM AIMS TO PROVIDE A SAFE, STIMULATING AND RELIABLE CHILD CARE ENVIRONMENT TO FOSTER SELFESTEEM, MEET EACH CHILD'S INDIVIDUAL NEEDS AND PROMOTE THE PHYSICAL, INTELLECTUAL AND SOCIAL WELL-BEINGOF THE PRESCHOOL AGE CHILD. THE CURRICULUM IS ONE THAT NURTURES AND RESPONDS TO THE DEVELOPING NEEDS OF EACH CHILD. ACTIVITIES PROVIDE CHALLENGE, EDUCATIONAL STIMULATION, AND AN OPPORTUNITY FOR SELF-EXPRESSION. THE CHILDREN ARE ABLE TO EXERCISE THEIR OWN DECISION MAKING, SOCIAL SKILLS, CREATIVITY, AS WELL AS THEIR GROWING INDEPENDENCE.
MENS DORMITORY: ONE OF THE WAYS IN WHICH THE SOMERVILLE YMCA IS UNIQUE IS IN OUR DEDICATION TO PROVIDING A SAFE HAVEN FOR MEN IN TRANSITION THROUGH OUR MEN'S DORMITORY, PREDOMINATELY SERVING LOW-INCOME SENIORS. IN A TIME WHERE MOST YMCA'S HAVE MOVED AWAY FROM HOUSING, THE SOMERVILLE YMCA HAS REMAINED COMMITTED TO PROVIDING A SECURE HOME FOR THE WORKING POOR AND ELDERLY MEN OF SOMERVILLE. APPROXIMATELY 75% OF OUR RESIDENTS ARE SENIORS AND 100% OF OUR RESIDENTS ARE CONSIDERED LOW INCOME. THE SOMERVILLE YMCA'S RESIDENCE CONSISTS OF 43 SINGLE ROOM OCCUPANCY UNITS THAT PROVIDE LONG-TERM AFFORDABLE ACCOMODATION FOR ELDERLY, MINORITY, AND WORKING POOR SINGLE MEN IN THE SOMERVILLE AREA. THE DORMITORY IS AN INTEGRAL PART OF THE BUILDING AND THE YMCA'S MISSION AS THE COMMUNITY HAS A LARGE POPULATION OF LOW- INCOME AND ELDERLY INDIVIDUALS WHO NEED SAFE HOUSING AT AND AFFORDABLE COST.
OTHER YOUTH DEVELOPMENT PROGRAMS & PAYMENTS TO OUR NATIONAL AFFILIATE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Vladimir Benoit CEO | Officer | 40 | $96,586 |
Teresa Champa Controller | Officer | 40 | $0 |
Tania Buck Director | Trustee | 40 | $0 |
Jason O'keefe Director | Trustee | 40 | $0 |
Denise Forcellese Director | Trustee | 40 | $0 |
Jacqueline Rivera Director | Trustee | 40 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $11,561 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $930,895 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $942,456 |
| Total Program Service Revenue | $2,379,985 |
| Investment income | $23,669 |
| 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 | $3,347,223 |
| 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. | $96,586 |
| Compensation of current officers, directors, key employees. | $96,586 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,610,866 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $175,431 |
| Payroll taxes | $175,880 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $26,107 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,260 |
| Advertising and promotion | $322 |
| Office expenses | $51,430 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,061 |
| Payments to affiliates | $38,801 |
| Depreciation, depletion, and amortization | $37,950 |
| Insurance | $44,903 |
| All other expenses | $307,175 |
| Total functional expenses | $2,759,803 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,200,458 |
| Savings and temporary cash investments | $471,230 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $335,127 |
| 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 | $16,331 |
| Net Land, buildings, and equipment | $621,075 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,644,221 |
| Accounts payable and accrued expenses | $110,704 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $110,704 |
| Net assets without donor restrictions | $2,533,517 |
| Net assets with donor restrictions | $0 |
| 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 | $2,644,221 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Young Mens Christian Association Somerville has recieved totaling $19,122.
| Awarding Organization | Amount |
|---|---|
Philanthropy Massachusetts Inc Boston, MA PURPOSE: FOR OPERATING AND PROGRAM SUPPORT. | $19,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $122 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Young Mens Christian Association Buffalo Niagara Buffalo, NY | $63,156,525 | $20,586,121 |
Young Mens Christian Association Of Central New York Inc Syracuse, NY | $52,040,864 | $20,998,037 |
Greater Providence Young Mens Christian Association Providence, RI | $33,652,869 | $15,855,613 |
Meriden-New Britain-Berlin Young Mens Christian Association Inc Meriden, CT | $19,846,503 | $18,721,354 |
Young Mens Christian Association Of Greater Nashua Nashua, NH | $26,864,143 | $15,906,004 |
Frost Valley Ymca Claryville, NY | $34,906,539 | $11,884,684 |
Young Mens Christian Association Southcoast Incorporated New Bedford, MA | $33,897,878 | $16,569,105 |
Young Mens Christian Association Of Pawt Ri Pawtucket, RI | $34,219,905 | $10,618,011 |
Young Mens Christian Association Saratoga County Saratoga Springs, NY | $33,124,111 | $15,587,422 |
Metrowest Ymca Framingham, MA | $28,140,944 | $12,322,249 |
Cape Cod Young Mens Christian Association Inc Hyannis, MA | $9,249,162 | $11,698,061 |
Young Mens Christian Association Of Rye N Y Rye, NY | $15,041,531 | $9,376,440 |