Minot Young Mens Christian Association
- Assets
- $10.5m
- Revenue
- $3.3m
- Investments
- $555.2k
- Employees
- 292
- Location
- Minot, ND
- Founding
- 11/1985
- Data as of
- 12/2023
- EIN
- 45-0237612
Organization Overview
Minot Young Mens Christian Association is located in Minot, ND. The organization was established in 1985. 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, Minot Young Mens Christian Association employed 292 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minot Young Mens Christian Association 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, Minot Young Mens Christian Association generated $3.3m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $3.9m during the year ending 12/2023. 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
THE PRIMARY PURPOSE OF THE ASSOCIATION IS TO PROVIDE PHYSICAL & EDUCATIONAL PROGRAMS THROUGH THE USE OF ITS FACILITIES AND PROFESSIONAL STAFF.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YMCA CAMP - EDUCATIONAL/RECREATIONAL CAMP FOR YOUTH
CHILD CARE SERVICES, DAYCARE SERVICES
FITNESS PROGRAMS - CLASSES AND ACTIVITIES PROMOTING PHYSICAL FITNESS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rob Buchholz Director | Trustee | 2 | $0 |
John Stewart Director | Trustee | 2 | $0 |
Terry Krefting Director | Trustee | 2 | $0 |
Barbara Hankla Director | Trustee | 2 | $0 |
Michael Baker Director | Trustee | 2 | $0 |
Sue Zane Durand Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $5,349 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $118,110 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $123,459 |
| Total Program Service Revenue | $3,008,370 |
| Investment income | $105,840 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $18,544 |
| Net Gain/Loss on Asset Sales | -$1,723 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,288,188 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,518,967 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $208,815 |
| Payroll taxes | $123,039 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $51,754 |
| Office expenses | $363,301 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,691 |
| Interest | $103,896 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $402,550 |
| Insurance | $89,058 |
| All other expenses | $299,722 |
| Total functional expenses | $3,887,802 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $908,599 |
| Pledges and grants receivable | $1,300 |
| Accounts receivable, net | $459 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $79,393 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $7,300,717 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $555,179 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,658,540 |
| Total assets | $10,504,187 |
| Accounts payable and accrued expenses | $262,214 |
| Grants payable | $0 |
| Deferred revenue | $18,400 |
| 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 | $3,594,584 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,875,198 |
| Net assets without donor restrictions | $6,593,585 |
| Net assets with donor restrictions | $35,404 |
| 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 | $10,504,187 |