Form 990 for tax year 2025

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $102,616

• 1e · Government grants (contributions)

  $780,607

• 1f · All other contributions, gifts and grants

  $5,112,763

• 2a · Program service revenue: PROGRAM SERVICE REVENUE

  total $9,612,509 · related or exempt $9,612,509

• 2b · Program service revenue: HEALTH AND WELLNESS FEES

  total $3,444,521 · related or exempt $3,444,521

• 3 · Investment income

  total $442,161 · excluded $442,161

• 6a · Gross rents

  real property $557,258

• 6b · Less rental expenses

  real property $282,884

• 6c · Rental income or loss

  real property $274,374

• 6d · Net rental income or loss

  total $274,374 · excluded $274,374

• 7a · Gross sales of assets other than inventory

  securities $602,133

• 7b · Less cost or other basis and sales expenses

  securities $545,075

• 7c · Gain or loss

  securities $57,058

• 7d · Net gain or loss

  total $57,058 · excluded $57,058

• 8a · Fundraising events: gross income

  $23,090

• 8a · Fundraising events: contributions included on line 1c

  $102,616

• 8b · Fundraising events: direct expenses

  $8,924

• 8c · Net income from fundraising events

  total $14,166 · excluded $14,166

• 10a · Gross sales of inventory

  $80,226

• 10b · Cost of goods sold

  $8,969

• 10c · Net income from sales of inventory

  total $71,257 · related or exempt $71,257

• 11a · Other revenue: PARKING FEES

  total $7,516 · related or exempt $7,516

• 11d · All other revenue

  total $7,437 · related or exempt $7,437

• 11e · Other revenue, total

  $14,953

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $368,193 · management and general $368,193

• 6 · Compensation of disqualified persons

  total $156,560 · management and general $156,560

• 7 · Other salaries and wages

  total $8,316,694 · program services $7,460,902 · management and general $563,193 · fundraising $292,599

• 8 · Pension plan contributions

  total $448,217 · program services $401,323 · management and general $21,139 · fundraising $25,755

• 9 · Other employee benefits

  total $382,522 · program services $321,123 · management and general $40,790 · fundraising $20,609

• 10 · Payroll taxes

  total $873,178 · program services $728,668 · management and general $114,058 · fundraising $30,452

• 11b · Fees: legal

  total $91 · management and general $91

• 11c · Fees: accounting

  total $126,643 · management and general $126,643

• 11g · Fees: other

  total $242,264 · program services $212,487 · management and general $8,550 · fundraising $21,227

• 12 · Advertising and promotion

  total $30,282 · program services $30,251 · fundraising $31

• 13 · Office expenses

  total $187,023 · program services $121,562 · management and general $38,742 · fundraising $26,719

• 16 · Occupancy

  total $4,142,106 · program services $3,802,697 · management and general $257,029 · fundraising $82,380

• 17 · Travel

  total $442,267 · program services $441,389 · management and general $162 · fundraising $716

• 19 · Conferences, conventions and meetings

  total $13,583 · management and general $13,583

• 22 · Depreciation, depletion and amortization

  total $1,211,424 · program services $1,161,663 · management and general $49,761

• 24a · Other expenses: PROGRAM SUPPLIES & MATE

  total $347,107 · program services $347,107 · management and general $0

• 24b · Other expenses: DUES

  total $161,359 · program services $131,157 · management and general $30,202

• 24c · Other expenses: MEALS

  total $128,476 · program services $107,659 · management and general $17,502 · fundraising $3,315

• 24d · Other expenses: STAFF TRAINING

  total $48,270 · program services $41,383 · management and general $103 · fundraising $6,784

• 24e · All other expenses

  total $7,881 · program services $215 · management and general $7,666

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $79,215 · end of year $208,715

• 2 · Savings and temporary cash investments

  beginning of year $8,474,771 · end of year $13,294,594

• 3 · Pledges and grants receivable

  beginning of year $6,554,623 · end of year $4,525,925

• 4 · Accounts receivable

  beginning of year $345,396 · end of year $392,184

• 9 · Prepaid expenses and deferred charges

  beginning of year $151,706 · end of year $126,840

• 10a · Land, buildings and equipment: cost or other basis

  $42,844,669

• 10b · Land, buildings and equipment: accumulated depreciation

  $19,329,725

• 10c · Land, buildings and equipment, net

  beginning of year $23,883,515 · end of year $23,514,944

• 11 · Investments: publicly traded securities

  beginning of year $3,228,220 · end of year $2,461,236

• 14 · Intangible assets

  beginning of year $89,395 · end of year $199,638

• 15 · Other assets

  beginning of year $209,480 · end of year $221,393

• 17 · Accounts payable and accrued expenses

  beginning of year $926,286 · end of year $1,250,685

• 19 · Deferred revenue

  beginning of year $1,758,190 · end of year $1,600,774

• 20 · Tax-exempt bond liabilities

  beginning of year $7,324,629 · end of year $6,989,548

• 25 · Other liabilities

  beginning of year $97,218 · end of year $190,872

• 27 · Net assets without donor restrictions

  beginning of year $25,317,990 · end of year $26,134,902

• 28 · Net assets with donor restrictions

  beginning of year $7,592,008 · end of year $8,778,688

The filer's explanations (Part III)

PART I, LINE 4A

JAMES F. SCHERER RECEIVED A SEVERANCE PAYMENT OF $156,560 IN 2025.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• FALL RIVER Y INVESTMENT FUND LLC

  INVESTING · MA · income $0 · assets $0

  Directly controlled by YMCA SOUTHCOAST INC