Young Mens Christian Association Of Olean Ny And Bradford Pa

Organization Overview

Young Mens Christian Association Of Olean Ny And Bradford Pa, operating under the name YMCA of the Twin Tiers, is located in Olean, NY. The organization was established in 1973. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2021, YMCA of the Twin Tiers employed 492 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. YMCA of the Twin Tiers 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, YMCA of the Twin Tiers generated $7.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.2% each year. All expenses for the organization totaled $7.3m during the year ending 12/2021. While expenses have increased by 1.7% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF OLEAN, NY AND BRADFORD, PA (YMCA) IS A NOT-FOR-PROFIT ASSOCIATION ORGANIZED FOR THE IMPROVEMENT OF THE SPIRITUAL, MENTAL, SOCIAL AND PHYSICAL WELL-BEING OF THE COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

YOUTH DEVELOPMENT PROGRAM DESCRIPTION:THE YMCA OFFERS LOW-COST, QUALITY PROGRAMS THAT SUPPORT AND STRENGTHEN FAMILIES AND DEVELOP THE CHARACTER OF THOSE INVOLVED, INCLUDING PRE-SCHOOL, AFTER-SCHOOL ENRICHMENT PROGRAMS, CHILD CARE, DAY CAMPS, PARENT-CHILD PROGRAMS AND YOUTH LEADERSHIP PROGRAMS THAT PROVIDE WHAT ARE OFTEN LIFE-CHANGING EXPERIENCES.


HEALTHY LIVING PROGRAM DESCRIPTION:THE YMCA IS ONE OF THE ONLY HEALTH AND WELLNESS ORGANIZATIONS WHERE FAMILIES CAN PURSUE HEALTHY HABITS TOGETHER. YMCA MEMBERSHIP AND PROGRAM PARTICIPATION IS AFFORDABLE AND OPEN TO ALL WITH FINANCIAL ASSISTANCE AVAILABLE FOR THOSE WHO CANNOT AFFORD THE FULL FEE.


SOCIAL RESPONSIBILITY PROGRAM DESCRIPTION:THE YMCA BELIEVES THAT BUILDING CITIZEN LEADERS OF ALL AGES RESULTS IN A HEALTHIER, SAFER AND WELCOMING COMMUNITY. LEADERSHIP DEVELOPMENT OPPORTUNITIES FOR ALL AGES ARE AVAILABLE AT THE YMCA. THE YMCA IS ITSELF COMMITTED TO ACTING IN A LEADERSHIP CAPACITY AS A COMMUNITY CONVENER, INTEGRATING ITS EFFORTS WITH DOZENS OF COMMUNITY PARTNERSHIPS THROUGHOUT THE REGION.


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Board, Officers & Key Employees

Name (title)Compensation
Barbara Sweitzer
CEO
$180,108
Brenda Threehouse
CFO
$117,047
Mike Smith
Chairman
$0
Ann Marie Wright
Director
$0
Steve Jackson
Director
$0
Jack Emrick
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$31,897
Membership dues$1,222,316
Fundraising events$12,736
Related organizations$0
Government grants $3,970,490
All other contributions, gifts, grants, and similar amounts not included above$895,798
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$6,133,237
Total Program Service Revenue$1,134,323
Investment income $207,398
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $210,698
Net Gain/Loss on Asset Sales $107,680
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,834,907

Grants Recieved

Over the last fiscal year, we have identified 8 grants that Young Mens Christian Association Of Olean Ny And Bradford Pa has recieved totaling $311,554.

Awarding OrganizationAmount
Greater Olean Community Foundation

Olean, NY

PURPOSE: CAPITAL SUPPORT

$127,923
Community Foundation For Greater Buffalo Inc

Buffalo, NY

PURPOSE: UNRESTRICTED USE; REMOTE LEARNING IN ALLEGANY AND CATTARAUGUS COUNTIES; SKILLS AND DRILLS SPORTS SAMPLING; FREE PLAY FRIDAYS

$103,330
$20,316
$18,750
American Endowment Foundation

Hudson, OH

PURPOSE: YOUTH DEVELOPMENT

$18,220
$17,810
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,095,474
Earnings$209,712
Net Contributions$657,090
Other Expense$125,811
Ending Balance$2,836,465

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