Young Mens Christian Association Of Akron Ohio

Organization Overview

Young Mens Christian Association Of Akron Ohio is located in Akron, OH. The organization was established in 1934. 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 12/2020, Young Mens Christian Association Of Akron Ohio employed 1,181 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Young Mens Christian Association Of Akron Ohio 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 12/2020, Young Mens Christian Association Of Akron Ohio generated $12.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $13.5m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD HEALTHY SPIRIT, MIND, AND BODY FOR ALL. THE AKRON AREA YMCA WILL BECOME THE REGIONAL LEADER IN BUILDING STRONG KIDS, STRONG FAMILIES AND STRONG COMMUNITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OUR YMCA IS COMMITTED TO NURTURING THE POTENTIAL OF EVERY CHILD AND TEEN. WE BELIEVE ALL KIDS HAVE GREAT POTENTIAL AND DESERVE THE OPPORTUNITY TO DISCOVER WHO THEY ARE AND WHAT THEY CAN ACHIEVE. THAT'S WHY WE HELP YOUNG PEOPLE CULTIVATE THE VALUES, SKILLS AND RELATIONSHIPS THAT LEAD TO POSITIVE BEHAVIORS, BETTER HEALTH AND EDUCATIONAL ACHIEVEMENT. OUR YMCA PROGRAMS SUCH AS EARLY CARE AND EDUCATION AND BEFORE AND AFTER SCHOOL EXCELLENCE OFFER A RANGE OF EXPERIENCES THAT ENRICH SOCIAL-EMOTIONAL, COGNITIVE AND PHYSICAL GROWTH. EXPENSES INCLUDE SUBSIDIES AND DIRECT FINANCIAL ASSISTANCE THAT MAKE PARTICIPATION FOR 100 % OF THE YOUNG PEOPLE WE ENGAGE.


OUR YMCA BELIEVES IN GIVING BACK AND SUPPORTING OUR NEIGHBORS. WE HAVE BEEN LISTENING AND RESPONDING TO OUR COMMUNITY'S MOST CRITICAL SOCIAL NEEDS FOR MORE THAN 100 YEARS. Y PROGRAMS, SUCH AS, OUR PHOENIX SCHOOL AND OUR NEIGHBORHOOD LEADERSHIP INSTITUTE OF SUMMIT COUNTY, ARE EXAMPLES OF HOW WE DELIVER TRAINING RESOURCES AND SUPPORT THAT EMPOWER OUR NEIGHBORS TO EFFECT CHANGE, BRIDGE GAPS AND OVERCOME OBSTACLES. IN 2020, WE ENGAGED 31,815 YMCA MEMBERS, PARTICIPANTS AND VOLUNTEERS IN ACTIVITIES THAT STRENGTHEN OUR COMMUNITY AND PAVE THE WAY FOR FUTURE GENERATIONS TO THRIVE.


THE Y IS COMMITTED TO IMPROVING AMERICA'S HEALTH AND WELL-BEING, COMMUNITY BY COMMUNITY. WE BRING FAMILIES CLOSER TOGETHER, ENCOURAGE GOOD HEALTH AND FOSTER CONNECTIONS THROUGH FITNESS, SPORTS, FUN AND SHARED INTERESTS. AS A RESULT, 31,815 PEOPLE IN OUR COMMUNITY ARE RECEIVING SUPPORT, GUIDANCE AND RESOURCES THEY NEED TO ACHIEVE GREATER HEALTH IN SPIRIT, MIND AND BODY. THIS IS PARTICULARLY IMPORTANT AS OUR NATION STRUGGLES WITH CHRONIC DISEASE AND OBESITY, FAMILIES WRESTLE WITH WORK/LIFE BALANCE AND INDIVIDUALS SEARCH FOR PERSONAL FULFILLMENT. OUR PROGRAMS ARE ACCESSIBLE, AFFORDABLE AND OPEN TO ALL FAITHS, BACKGROUNDS, ABILITIES AND INCOME LEVELS. IN 2020, WE PROVIDED $599,912 IN FINANCIAL ASSISTANCE TO PEOPLE WHO OTHERWISE MAY NOT HAVE BEEN ABLE TO AFFORD TO PARTICIPATE.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Board Member
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Summa Property Management
Rent
$185,938
Innovation Food Services
Food Purchases
$137,656
Schmid Mechanical Inc
Mechanical Contractor
$110,346
Jules And Associates Inc
Financing
$105,875
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$250,900
Membership dues$0
Fundraising events$0
Related organizations$8,000
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$1,562,489
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,821,389
Total Program Service Revenue$9,901,708
Investment income $1,100
Tax Exempt Bond Proceeds $0
Royalties $2,891
Net Rental Income $148,496
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $86,327
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $8,623
Miscellaneous Revenue$0
Total Revenue $11,987,882

Grants Recieved

Over the last fiscal year, we have identified 10 grants that Young Mens Christian Association Of Akron Ohio has recieved totaling $370,123.

Awarding OrganizationAmount
Summa Health Group Return

Akron, OH

PURPOSE: PREVENTION, WELLNESS, ACCESS TO CARE AND HEALTH DISPARITIES

$120,000
United Way Of Summit And Medina

Akron, OH

PURPOSE: DONOR DESIGNATIONS AND GRANT ALLOCATIONS

$111,188
$50,000
Akron Community Foundation

Akron, OH

PURPOSE: TO SUPPORT THE 2021 AKRON AREA YMCA CELEBRATION AT THE SKY WRITER LEVEL IN HONOR OF ACF BOARD SECRETARY & YMCA BOARD MEMBER, BRET TREIER

$40,350
Mary S & David C Corbin Foundation

Akron, OH

PURPOSE: LICENSED CARE AND EDUCATION

$25,000
Barberton Community Foundation

Barberton, OH

PURPOSE: HEALTH AND WELLNESS ACTIVITIES

$15,827
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,160,164
Ending Balance$1,160,164

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