Red Wing Family Ymca
- Assets
- $8.6m
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 145
- Location
- Red Wing, MN
- Founding
- 12/1944
- Data as of
- 12/2021
- EIN
- 41-0695614
Organization Overview
Red Wing Family Ymca is located in Red Wing, MN. The organization was established in 1944. 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, Red Wing Family YMCA employed 145 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Red Wing Family YMCA 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, Red Wing Family YMCA generated $1.8m 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 (4.5%) each year. All expenses for the organization totaled $2.2m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.9%) per year over the past 6 years. 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
THE MISSION OF THE RED WING FAMILY YMCA IS TO ENHANCE THE QUALITY OF LIFE FOR INDIVIDUALS AND THE COMMUNITY THROUGH PROGRAMS THAT BUILD HEALTHY SPIRIT, MIND, AND BODY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PHYSICAL ACTIVITIES PROGRAM: THE RED WING FAMILY YMCA OFFERS MEMBERSHIPS AND PROGRAMS FOR PEOPLE OF ALL FAITHS, RACE, AGE, ABILITIES, AND INCOME. NO ONE IS TURNED AWAY DUE TO INABILITY TO PAY. FINANCIAL ASSISTANCE IS MADE POSSIBLE THROUGH THE YMCA ANNUAL SUPPORT CAMPAIGN.
CAMP PEPIN SERVES OVER 1000 CHILDREN PER SUMMER IN A TRADITIONAL YMCA FORMAT. SPECIALTY AREAS INCLUDE THEATER, SAILING, ROCK CLIMBING, CANOEING, BIKING, HIKING, HIGH ROPES AND CHALLENGE COURSES. FEES ARE CHARGED AND NO ONE IS TURNED AWAY DUE TO AN INABILITY TO PAY. RED WING YMCA INCLUDED A CAMP ACCESS GRANT PROVIDING ASSISTANCE FOR HALF OF A FIRST TIME CAMPER'S FEE ALONG WITH SCHOLARSHIPS WHICH ARE MADE POSSIBLE THROUGH THE YMCA ANNUAL CAMPAIGN.
PRESCHOOL PROGRAM SUNSHINE CORNER PRESCHOOL IS A LICENSED PRESCHOOL WITH STATE CERTIFIED INSTRUCTORS SERVING 90 CHILDREN. CURRICULUM INCLUDES ARTS, GROUP FIELD TRIPS, GROUP ACTIVITIES, STORIES, GYM TIME, SPANISH LANGUAGE INSTRUCTION, AND PARENTS ADVISORY COMMITTEE. FEES ARE CHARGES AND YMCA SCHOLARSHIPS ARE AVAILABLE. NO ONE IS TURNED AWAY DUE TO AN INABILITY TO PAY. PEACHTREE CHILD CARE BEGAN OVER SEVEN YEARS AGO AND STILL REMAINS STRONG SERVING ALMOST 100 CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bryan Soper CEO | Officer | 40 | $27,523 |
Mitch Mcneil Cvo-Elect | OfficerTrustee | 0.5 | $0 |
Mark Urdahl Trustee | OfficerTrustee | 0.5 | $0 |
Bill Simmons Cvo | Trustee | 0.5 | $0 |
Carolyn Holmsten Trustee | Trustee | 0.5 | $0 |
Holly Hanson Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $9,312 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $333,047 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $342,359 |
| Total Program Service Revenue | $1,358,645 |
| Investment income | $53,579 |
| 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 | $1,782,921 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $5,388 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $900,574 |
| Compensation of current officers, directors, key employees. | $242,485 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $113,569 |
| Payroll taxes | $66,815 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $12,201 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $13,209 |
| Office expenses | $79,128 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,462 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,605 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $229,000 |
| Insurance | $41,666 |
| All other expenses | $177,990 |
| Total functional expenses | $2,179,853 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $474,768 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $13,219 |
| Accounts receivable, net | $15,487 |
| 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 | $10,490 |
| Net Land, buildings, and equipment | $4,304,363 |
| Investments—publicly traded securities | $3,826,349 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,644,676 |
| Accounts payable and accrued expenses | $129,586 |
| Grants payable | $0 |
| Deferred revenue | $52,346 |
| 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 | $375,544 |
| Other liabilities | $0 |
| Total liabilities | $557,476 |
| Net assets without donor restrictions | $8,055,620 |
| Net assets with donor restrictions | $31,580 |
| 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 | $8,644,676 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Red Wing Family Ymca has recieved totaling $139,192.
| Awarding Organization | Amount |
|---|---|
National Council Of Young Mens Christian Assns Of The Usa Chicago, IL PURPOSE: Program Support | $50,000 |
Jones Family Foundation Saint Paul, MN PURPOSE: MULTIPLE GRANTS FOR MULTIPLE PURPOSES | $41,000 |
Red Wing Shoe Company Foundation Red Wing, MN PURPOSE: COMMUNITY DEVELOPMENT | $25,000 |
United Way Of Goodhue Wabasha & Pierce Counties Red Wing, MN PURPOSE: PROGRAM OPERATING COST FOR GENERAL SUPPORT. | $9,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $6,387 |
Xcel Energy Foundation Minneapolis, MN PURPOSE: MATCHING EMPLOYEE DONATION / ENVIRONMENTAL GRANT | $6,105 |
Endowment Analysis
| Beg. Balance | $3,028,873 |
| Earnings | $662,443 |
| Admin Expense | $28,967 |
| Net Contributions | $164,000 |
| Ending Balance | $3,826,349 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ywca Of Minneapolis Minneapolis, MN | $51,048,789 | $16,474,298 |
Young Mens Christian Association Of Greater Des Moines Des Moines, IA | $55,671,991 | $14,265,776 |
Young Mens Christian Association Of Metropolitan Milwaukee Milwaukee, WI | $20,955,998 | $11,459,686 |
Young Mens Christian Association Kettle Moraine West Bend, WI | $16,462,834 | $12,846,603 |
Greater Green Bay Ymca Inc Green Bay, WI | $34,883,191 | $12,024,473 |
Young Mens Christian Association Of The Iowa Mississippi Valley Davenport, IA | $63,017,263 | $13,933,643 |
La Crosse Area Family Y M C A Inc La Crosse, WI | $28,629,813 | $12,107,335 |
Missouri Valley Family Young Mens Christian Association Bismarck, ND | $23,505,758 | $13,023,690 |
Young Mens Christian Association Of Dane County Inc Madison, WI | $16,378,728 | $13,253,991 |
Rapid City Y M C A Rapid City, SD | $18,136,251 | $10,285,613 |
Young Mens Christian Association Oshkosh, WI | $34,377,249 | $9,898,548 |
The Young Mens Christian Asso Of The Chippewa Valley Inc Eau Claire, WI | $18,284,839 | $7,742,969 |