Young Mens Christian Association Of The Coosa Valley Inc
- Assets
- $1.1m
- Revenue
- $403.5k
- Investments
- $0.0
- Employees
- 54
- Location
- Gadsden, AL
- Founding
- 03/1963
- Data as of
- 12/2021
- EIN
- 63-0436456
Organization Overview
Young Mens Christian Association Of The Coosa Valley Inc is located in Gadsden, AL. The organization was established in 1963. 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 Of The Coosa Valley Inc employed 54 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Young Mens Christian Association Of The Coosa Valley Inc 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 Of The Coosa Valley Inc generated $403.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.1%) each year. All expenses for the organization totaled $501.1k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (5.2%) 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 MISSION OF THE YMCA IS TO PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD HEALTHY SPIRIT, MIND, AND BODY FOR ALL.
Describe the Organization's Program Activity:
Part 3 - Line 4a
YMCA HEALTH AND FITNESS - THE HEALTH AND FITNESS PROGRAM PROMOTES GOOD HEALTH THROUGH REGULAR EXERCISE. THE PROGRAM OFFERS AEROBIC CLASSES, FITNESS TESTING, EXERCISE ORIENTATION AND PARTICIPATION. THE PROGRAMS ARE AVAILABLE TO ALL MEMBERS.
YMCA AQUATICS - THE YMCA'S AQUATICS PROGRAMS ARE PART OF THE OVERALL GOAL OF BUILDING HEALTHY SPIRIT, MIND, AND BODY. IN ADDITION TO PROVIDING SPECIFIC SWIMMING AND WATER SAFETY SKILLS, THE AQUATICS PROMOTE GOOD HEALTH THROUGH REGULAR EXERCISE, TEAMWORK, SELF CONFIDENCE, AND LEADERSHIP. AS RESIDENCE OF A RIVERSIDE COMMUNITY, THE AQUATICS PROGRAM HELPS PREVENT TRAUMATIC ACCIDENTS NEAR WATER. AQUATICS PROGRAMS ARE PROVIDED FOR TODDLERS THROUGH SENIORS. CHILDREN TAKE BEGINNER AND PROGRESSIVE SWIM CLASSES AND OTHERS PARTICIPATED ON THE SWIM TEAM. SOME PARTICIPATE IN ARTHRITIS AQUATIC CLASSES WHICH INCREASE JOINT FLEXIBILITY AND HELPS RELIEVE PAIN. THE YMCA PROVIDES LIFE GUARDING CLASSES, A PARENT-TODDLER SWIM PROGRAM AND WATER SAFETY PROGRAMS. ADDITIONALLY, THE AQUATIC FACILITIES ARE AVAILABLE TO EACH MEMBER.
YMCA YOUTH - THE PROGRAMS PROMOTE AN APPRECIATION OF ONE'S OWN WORTH WHATEVER THE SPORT, THE FOCUS IS ON FULL AND EQUAL PARTICIPATION. YMCA YOUTH SPORT PROGRAMS EMPHASIZE DEVELOPMENT OF SKILL, HEALTH AND FITNESS, SAFETY, COOPERATION, SELF-ESTEEM, AND RESPECT FOR OTHERS. PROGRAMS INCLUDE BASKETBALL, SOCCER, KARATE, AND SUMMER DAY CAMP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Member | Trustee | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $57,322 |
| Membership dues | $0 |
| Fundraising events | $3,272 |
| Related organizations | $0 |
| Government grants | $67,204 |
| All other contributions, gifts, grants, and similar amounts not included above | $36,872 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $164,670 |
| Total Program Service Revenue | $238,871 |
| Investment income | $0 |
| 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 | $403,541 |
| 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. | $75,000 |
| Compensation of current officers, directors, key employees. | $15,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $168,399 |
| Pension plan accruals and contributions | $6,161 |
| Other employee benefits | $6,128 |
| Payroll taxes | $21,315 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,225 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $3,453 |
| Information technology | $11,841 |
| Royalties | $0 |
| Occupancy | $71,036 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $22,631 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $50,939 |
| Insurance | $39,394 |
| All other expenses | $4,186 |
| Total functional expenses | $501,109 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $331,562 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $786,087 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,117,649 |
| Accounts payable and accrued expenses | $84,009 |
| 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 | $682,335 |
| Other liabilities | $0 |
| Total liabilities | $766,344 |
| Net assets without donor restrictions | $351,305 |
| Net assets with donor restrictions | $0 |
| 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 | $1,117,649 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Young Mens Christian Association Of The Coosa Valley Inc has recieved totaling $37,035.
| Awarding Organization | Amount |
|---|---|
United Way Of Etowah County Alabama Inc Gadsden, AL PURPOSE: OPERATIONS | $37,035 |