Ywca Central Massachusetts Inc
- Assets
- $21.2m
- Revenue
- $10.1m
- Investments
- $133.2k
- Employees
- 282
- Location
- Worcester, MA
- Founding
- 07/1942
- Data as of
- 09/2023
- EIN
- 04-2105873
Organization Overview
Ywca Central Massachusetts Inc is located in Worcester, 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 09/2023, YWCA Central Massachusetts Inc employed 282 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. YWCA Central Massachusetts 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 09/2023, YWCA Central Massachusetts Inc generated $10.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.0% each year. All expenses for the organization totaled $9.4m during the year ending 09/2023. While expenses have increased by 5.5% 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
WOMEN'S GROWTH AND LEADERSHIP
Describe the Organization's Program Activity:
WELLNESS AND HEALTH EQUITY: PROVISION OF RECREATION AND HEALTH PROGRAMS FOR FAMILIES IN THE CENTRAL MASSACHUSETTS AREA
CHILDCARE: PROVISION OF QUALITY CHILD CARE SERVICES AT FIVE LOCATIONS FOR CHILDREN AGES 1 MONTH THROUGH 14 YEARS
DOMESTIC VIOLENCE SERVICES: PROVIDE SHELTER AND COUNSELING SERVICES TO DOMESTIC VIOLENCE VICTIMS IN NEED IN CENTRAL MASSACHUSETTS AND NORTH CENTRAL MASSACHUSETTS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christienne Bik Board President | OfficerTrustee | 1 | $0 |
Kristin M Sawash Board Treasurer | OfficerTrustee | 1 | $0 |
Kristin Desousa Board Assistant Treasurer | OfficerTrustee | 1 | $0 |
Kimberly A Haddad Board Member | Trustee | 1 | $0 |
Amane Abdeljaber Clerk | OfficerTrustee | 1 | $0 |
Jeanie Connolly Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Wcac Program Consultant | 9/29/23 | $118,500 |
Cinchit Technology Consultant | 9/29/23 | $102,823 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $198,481 |
| Membership dues | $4,645 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,238,757 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,441,883 |
| Total Program Service Revenue | $8,329,104 |
| Investment income | $229,735 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,001 |
| Net Income from Fundraising Events | $68,485 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | -$1,058 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,123,871 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $221,741 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $240,892 |
| Compensation of current officers, directors, key employees. | $183,119 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,991,604 |
| Pension plan accruals and contributions | $136,891 |
| Other employee benefits | $455,283 |
| Payroll taxes | $408,979 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $80,182 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $13,459 |
| Fees for services: Other | $85,416 |
| Advertising and promotion | $8,219 |
| Office expenses | $129,292 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $840,153 |
| Travel | $27,725 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $31,882 |
| Interest | $51,803 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $186,521 |
| Insurance | $91,289 |
| All other expenses | $176,624 |
| Total functional expenses | $9,354,723 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,797,516 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $188,953 |
| Accounts receivable, net | $1,068,767 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $13,751,117 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $8,490 |
| Net Land, buildings, and equipment | $2,258,657 |
| Investments—publicly traded securities | $1,946,569 |
| Investments—other securities | $133,195 |
| Investments—program-related | $12,598 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $21,165,862 |
| Accounts payable and accrued expenses | $340,352 |
| 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 | $5,590,443 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $101,048 |
| Total liabilities | $6,031,843 |
| Net assets without donor restrictions | $13,588,685 |
| Net assets with donor restrictions | $1,545,334 |
| 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 | $21,165,862 |