Young Mens Christian Association Of Greater New York
- Assets
- $503.7m
- Revenue
- $170.0m
- Investments
- $0.0
- Employees
- 2,951
- Location
- New York, NY
- Founding
- 01/1959
- Data as of
- 12/2021
- EIN
- 13-1624228
Organization Overview
Young Mens Christian Association Of Greater New York is located in New York, NY. The organization was established in 1959. 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 Of Greater New York employed 2,951 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Young Mens Christian Association Of Greater New York 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 Of Greater New York generated $170.0m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $131.0m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (4.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Young Mens Christian Association Of Greater New York has awarded 13 individual grants totaling $249,384. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
YMCA GNY IS A COMMUNITY SVC ORGANIZATION FOR ALL NEW YORKERS TO EMPOWER YOUTH, IMPROVE HEALTH AND STRENGTHEN COMMUNITY. (SEE SCHEDULE O)
Describe the Organization's Program Activity:
Part 3 - Line 4a
YOUTH DEVELOPMENT (SEE SCHEDULE O)
HEALTHY LIVING (SEE SCHEDULE O)
SOCIAL RESPONSIBILITY (SEE SCHEDULE O)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Greenberger President/ceo | Officer | 40 | $615,143 |
Joseph Chan SVP Real Estate/property Mgmt | Officer | 40 | $381,855 |
Michael Guarino Executive Vp/cfo/treasurer | Officer | 40 | $351,663 |
Melvin Tse Evp/coo | Officer | 40 | $315,465 |
Elizabeth Bergin Corp Sec/svp | Officer | 40 | $304,963 |
Veronica O'shea SVP Chief Mark&commun Officer | Officer | 40 | $275,068 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Able Cleaning Services Contract Cleaning Sv | 12/30/21 | $489,015 |
Syntax Systems Ltd Llc It Services | 12/30/21 | $379,166 |
Allied Universal Security Services Contract Security Sv | 12/30/21 | $591,419 |
Group-s Llcen-power Group Engineering Srvcs | 12/30/21 | $436,253 |
Pricewaterhousecoopers Llp Accounting Services | 12/30/21 | $671,824 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $176,570 |
| Related organizations | $0 |
| Government grants | $62,281,190 |
| All other contributions, gifts, grants, and similar amounts not included above | $28,161,530 |
| Noncash contributions included in lines 1a–1f | $102,346 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $90,619,290 |
| Total Program Service Revenue | $73,286,690 |
| Investment income | $4,053,986 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,074,409 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $170,034,375 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $44,384 |
| Grants and other assistance to domestic individuals. | $45,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $3,529,786 |
| Compensation of current officers, directors, key employees. | $2,630,320 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $52,872,751 |
| Pension plan accruals and contributions | $1,021,840 |
| Other employee benefits | $4,115,311 |
| Payroll taxes | $14,672 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $170,611 |
| Fees for services: Accounting | $573,973 |
| Fees for services: Lobbying | $31,179 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $357,305 |
| Fees for services: Other | $12,631,559 |
| Advertising and promotion | $1,503,072 |
| Office expenses | $9,093,939 |
| Information technology | $8,182,183 |
| Royalties | $0 |
| Occupancy | $9,928,198 |
| Travel | $9,179 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $684,990 |
| Interest | $4,225,824 |
| Payments to affiliates | $607,273 |
| Depreciation, depletion, and amortization | $17,660,006 |
| Insurance | $3,660,089 |
| All other expenses | $0 |
| Total functional expenses | $130,963,124 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $49,500,976 |
| Savings and temporary cash investments | $7,536,763 |
| Pledges and grants receivable | $4,535,773 |
| Accounts receivable, net | $15,388,823 |
| 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 | $890,651 |
| Net Land, buildings, and equipment | $304,782,691 |
| Investments—publicly traded securities | $101,206,089 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $19,883,251 |
| Total assets | $503,725,017 |
| Accounts payable and accrued expenses | $39,583,903 |
| Grants payable | $0 |
| Deferred revenue | $7,630,548 |
| 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 | $3,020,181 |
| Unsecured mortgages and notes payable | $148,429,781 |
| Other liabilities | $717,576 |
| Total liabilities | $199,381,989 |
| Net assets without donor restrictions | $232,217,292 |
| Net assets with donor restrictions | $72,125,736 |
| 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 | $503,725,017 |
Grants Awarded
Over the last fiscal year, Young Mens Christian Association Of Greater New York has awarded $44,384 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Claryville, NY PURPOSE: CAMPERS SCHOLARSHIPS | $30,880 |
Litchfield, CT PURPOSE: CAMPERS SCHOLARSHIPS | $13,504 |
Grants Recieved
Over the last fiscal year, we have identified 27 grants that Young Mens Christian Association Of Greater New York has recieved totaling $1,217,321.
| Awarding Organization | Amount |
|---|---|
New York Life Foundation New York, NY PURPOSE: EDUC. GENERAL | $250,000 |
Charlottesville Area Community Foundation Charlottesville, VA PURPOSE: CAPITAL AND OPERATIONAL COSTS ASSOCIATED WITH THE OPENING OF TWO NEW YMCA BRANCHES IN THE SOUTH BRONX AND NORTHEAST BRONX | $250,000 |
National Council Of Young Mens Christian Assns Of The Usa Chicago, IL PURPOSE: Program Support | $224,367 |
Tides Foundation San Francisco, CA PURPOSE: HEALTHY INDIVIDUALS AND COMMUNITIES | $75,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $69,273 |
Robin Hood Foundation New York, NY PURPOSE: POVERTY RELIEF | $50,000 |
Endowment Analysis
| Beg. Balance | $84,150,058 |
| Earnings | $10,791,974 |
| Admin Expense | $355,535 |
| Net Contributions | $20,236,367 |
| Other Expense | $8,267,139 |
| Ending Balance | $106,555,725 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Young Mens Christian Association Of Greater New York New York, NY | $503,725,017 | $170,034,375 |
Young Mens Christian Association Of Greater Boston Inc Boston, MA | $163,836,403 | $83,104,990 |
Greater Philadelphia Young Mens Christian Association Conshohocken, PA | $203,887,579 | $75,543,580 |
Old Colony Young Mens Christian Association Inc Brockton, MA | $72,692,185 | $78,392,340 |
Ymca Of The North Shore Inc Beverly, MA | $119,924,593 | $52,904,408 |
Samuel Field Ym & Ywha Inc Little Neck, NY | $48,425,712 | $46,930,535 |
Ymca Of Greater Rochester Rochester, NY | $121,370,415 | $45,892,943 |
Young Mens Christian Association Of Greater Brandywine West Chester, PA | $87,882,093 | $34,452,935 |
Metropolitan Ymca Of The Oranges Inc Livingston, NJ | $49,273,172 | $34,073,783 |
Young Mens Christian Association Of Long Island Inc Glen Cove, NY | $75,238,727 | $32,469,405 |
Young Mens Christian Association Of The Capital District Albany, NY | $57,049,095 | $29,813,133 |
South Shore Young Mens Christian Association Quincy, MA | $85,192,389 | $30,794,520 |