Marshalltown Young Mens Christian Association-Ywca
- Assets
- $17.9m
- Revenue
- $4.1m
- Investments
- $427.5k
- Employees
- 274
- Location
- Marshalltown, IA
- Founding
- 02/1945
- Data as of
- 12/2023
- EIN
- 42-1478611
Organization Overview
Marshalltown Young Mens Christian Association-Ywca is located in Marshalltown, IA. The organization was established in 1945. 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 12/2023, Marshalltown Young Mens Christian Association-Ywca employed 274 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marshalltown Young Mens Christian Association-Ywca 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 12/2023, Marshalltown Young Mens Christian Association-Ywca generated $4.1m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $4.0m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 9 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
2023
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; AS WELL AS PROMOTE INTERACTION AND FITNESS AMONG Y MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MARSHALLTOWN YMCA-YWCA'S FOCUS IS ON STRENGTHENING FAMILIES, DEVELOPING LEADERSHIP IN YOUTH, PROMOTING HEALTHY LIFESTYLES AND ASSISTING WITH POSITIVE COMMUNITY DEVELOPMENT. THE MARSHALLTOWN YMCA-YWCA WELCOMES EVERYONE, REGARDLESS OF AGE, RACE, SEX, FAITH, ETHNICITY, ABILITY OR RELIGION. THE MARSHALLTOWN YMCA-YWCA PROVIDES MEMBERSHIP AND SCHOLARSHIP ASSISTANCE TO CHILDREN AND ADULTS WITH FINANCIAL NEED. THE Y ALSO PROVIDED INDIRECT ASSISTANCE TO NON-PROFIT ORGANIZATIONS AND COMMUNITY GROUPS WHO UTILIZED FACILITY SPACE THROUGHOUT THE YEAR. THE Y EMPHASIZES CHARACTER DEVELOPMENT IN ALL PROGRAMS AND SERVICES PROMOTING THE CORE VALUES OF CARING, HONESTY, RESPECT, RESPONSIBILITY, LEADERSHIP, RACIAL JUSTICE AND EMPOWERMENT. AN ANNUAL FUNDRAISING CAMPAIGN IS HELD EACH YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kimberly Sue Jass-Ramirez Chief Executive Officer | Officer | 55 | $110,000 |
Kimberlee Benson Employee | 40 | $138,946 | |
Nate Mccormick Cvo | OfficerTrustee | 2 | $0 |
Jon Nunez Secretary/treasurer | OfficerTrustee | 2 | $0 |
Amanda Accola Director | Trustee | 2 | $0 |
Jim Bowman Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $3,700 |
| Related organizations | $1,594,410 |
| Government grants | $80,377 |
| All other contributions, gifts, grants, and similar amounts not included above | $170,677 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,849,164 |
| Total Program Service Revenue | $2,144,810 |
| Investment income | $43,419 |
| 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 | $4,082,428 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $121,953 |
| Compensation of current officers, directors, key employees. | $24,445 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,580,964 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $85,930 |
| Payroll taxes | $129,364 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,365 |
| Fees for services: Accounting | $18,298 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $8,342 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $371,908 |
| Travel | $974 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $193,245 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $642,931 |
| Insurance | $118,923 |
| All other expenses | $331,961 |
| Total functional expenses | $3,961,942 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $923,044 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $24,766 |
| Accounts receivable, net | $22,826 |
| 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 | $7,876 |
| Net Land, buildings, and equipment | $16,524,653 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $427,464 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $17,930,629 |
| Accounts payable and accrued expenses | $32,656 |
| Grants payable | $0 |
| Deferred revenue | $65,393 |
| 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 | $8,426,000 |
| Other liabilities | $0 |
| Total liabilities | $8,524,049 |
| Net assets without donor restrictions | $9,142,102 |
| Net assets with donor restrictions | $264,478 |
| 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 | $17,930,629 |