South Sound Young Mens Christian Association

Organization Overview

South Sound Young Mens Christian Association, operating under the name South Sound Ymca, is located in Olympia, WA. 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 12/2021, South Sound YMCA employed 390 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. South Sound 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, South Sound YMCA generated $10.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $7.6m during the year ending 12/2021. While expenses have increased by 0.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE YOUTH AND COMMUNITY AN AFFORDABLE AND ACCESSIBLE RESOURCE FOR THE POSITIVE GROWTH AND DEVELOPMENT OF SPIRIT, MIND AND BODY THROUGH RECREATIONAL, HEALTH AND LEADERSHIP PROGRAMS.

Describe the Organization's Program Activity:

CHILDCARE AND YOUTH PROGRAMS - SEE SCHEDULE O


MEMBERSHIP - SEE SCHEDULE O


AQUATICS RELATED PROGRAMS - SEE SCHEDULE O


OTHER


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Adroit Contractors Inc
Construction
$0
Williams Architecture
Architect
$0
High Country Contractors Inc
Construction
$0
High Country Contractors Inc
Construction
$0
Williams Architecture
Architect
$0
Adroit Contractors Inc
Construction
$0
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $3,923,707
All other contributions, gifts, grants, and similar amounts not included above$1,136,241
Noncash contributions included in lines 1a–1f $13,818
Total Revenue from Contributions, Gifts, Grants & Similar$5,059,948
Total Program Service Revenue$4,779,181
Investment income $324,095
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $26,195
Net Gain/Loss on Asset Sales $761
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $10,190,686

Grants Recieved

Over the last fiscal year, we have identified 4 grants that South Sound Young Mens Christian Association has recieved totaling $233,833.

Awarding OrganizationAmount
The Seattle Foundation

Seattle, WA

PURPOSE: SPECIFIC SOUTH SOUND YMCA'S SCHOOL-AGE PROGRAMS, SEE LETTER; SHELTON/MASON CAPITAL CAMPAIGN

$157,000
Community Foundation Of South Puget Sound

Olympia, WA

PURPOSE: OPERATING

$53,133
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HUMAN SERVICES

$16,200
Multicare Health System

Tacoma, WA

PURPOSE: CONTRIBUTION FROM THE MULTICARE COMMUNITY PARTNERSHIP FUND: GENERAL SUPPORT

$7,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$142,334
Earnings$19,161
Admin Expense$597
Other Expense$3,485
Ending Balance$157,413

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