Young Mens Christian Association
- Assets
- $2.4m
- Revenue
- $718.2k
- Investments
- $0.0
- Employees
- 52
- Location
- Elkins, WV
- Founding
- 04/1965
- Data as of
- 12/2021
- EIN
- 55-0376877
Organization Overview
Young Mens Christian Association is located in Elkins, WV. The organization was established in 1965. 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, Young Mens Christian Association employed 52 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 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 12/2021, Young Mens Christian Association generated $718.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $555.1k 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 7 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 YMCA OF ELKINS IS AN ORGANIZATION THAT INCLUDES ALL PEOPLE FROM ALL BACKGROUNDS. WE ARE DEDICATED TO BUILDING UP OTHERS THROUGH PROGRAMS THAT PROMOTE HEALTHY LIFESTYLES, FAMILY VALUES, AND COMMUNITY INTERACTION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR YMCA IS FOCUSED ON DEVELOPING YOUTH, PROMOTING HEALTHY LIVING AND SOCIAL RESPONSIBILITY. WE ARE COMMITTED TO IMPROVING OUR COMMUNITY'S HEALTH AND WELL-BEING BY BRINGING FAMILIES CLOSER TOGETHER, ENCOURAGING GOOD HEALTH AND FOSTERING CONNECTIONS THROUGH FITNESS AND SHARED INTERESTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sid A Gillispie Executive Director | Officer | 40 | $69,245 |
Chad Shoemaker Secretary | Trustee | 1 | $0 |
John Henning Board Member | Trustee | 1 | $0 |
Jim Jackson Board Member | Trustee | 1 | $0 |
Patti Reckart Board Member | Trustee | 1 | $0 |
Scott Goddard Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $128,042 |
| All other contributions, gifts, grants, and similar amounts not included above | $194,240 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $322,282 |
| Total Program Service Revenue | $278,219 |
| Investment income | $117,710 |
| 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 | $718,211 |
| 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. | $71,680 |
| Compensation of current officers, directors, key employees. | $23,893 |
| Compensation to disqualified persons | $173,053 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $2,000 |
| Other employee benefits | $31,083 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,844 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $44,441 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $776 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $98,815 |
| Insurance | $0 |
| All other expenses | $25,404 |
| Total functional expenses | $555,117 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $98,866 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,544 |
| 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 | $361 |
| Net Land, buildings, and equipment | $1,219,977 |
| Investments—publicly traded securities | $1,121,603 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,446,351 |
| Accounts payable and accrued expenses | $40,891 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $40,891 |
| Net assets without donor restrictions | $2,185,471 |
| Net assets with donor restrictions | $219,989 |
| 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 | $2,446,351 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Young Mens Christian Association has recieved totaling $46,000.
| Awarding Organization | Amount |
|---|---|
National Council Of Young Mens Christian Assns Of The Usa Chicago, IL PURPOSE: Program Support | $13,000 |
National Council Of Young Mens Christian Assns Of The Usa Chicago, IL PURPOSE: Program Support | $13,000 |
Tygart Valley United Way Inc Fairmont, WV PURPOSE: EDUCATION | $10,000 |
Tygart Valley United Way Inc Fairmont, WV PURPOSE: EDUCATION | $10,000 |
Endowment Analysis
| Beg. Balance | $200,937 |
| Earnings | $19,351 |
| Admin Expense | $1,001 |
| Other Expense | $4,298 |
| Ending Balance | $214,989 |