← YOUNG MENS CHRISTIAN ASSOCIATION OF THE PIKES PEAK REGION

Form 990 for tax year 2023

Filed by YOUNG MENS CHRISTIAN ASSOCIATION OF THE PIKES PEAK REGION.

Totals

Total revenue: $26,071,847
Total expenses: $27,848,894
Contributions and grants received: $3,601,531
Grants paid: $0
Program service revenue: $21,757,202
Investment income: $199,753
Other revenue: $513,361
Total assets, end of year: $45,322,721
Total liabilities, end of year: $18,412,259
Net assets or fund balances, end of year: $26,910,462
Program services expenses (Part IX): $23,026,052
Management and general expenses: $4,521,517
Fundraising expenses: $301,325
Program service expenses (Part III): $23,026,052

Program services were 82.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

1c · Fundraising events

$314,940
1e · Government grants (contributions)

$2,132,944
1f · All other contributions, gifts and grants

$1,153,647
2a · Program service revenue: HEALTHY LIVING

total $15,290,828 · related or exempt $15,290,828
2b · Program service revenue: YOUTH DEVELOPMENT

total $5,905,662 · related or exempt $5,905,662
2c · Program service revenue: SOCIAL RESPONSIBILITY

total $560,712 · related or exempt $560,712
3 · Investment income

total $188,303 · excluded $188,303
4 · Income from investment of tax-exempt bond proceeds

total $0
5 · Royalties

total $0
6a · Gross rents

real property $206,303
6c · Rental income or loss

real property $206,303 · personal property $0
6d · Net rental income or loss

total $206,303 · related or exempt $206,303
7a · Gross sales of assets other than inventory

securities $22,491
7b · Less cost or other basis and sales expenses

securities $11,041
7c · Gain or loss

securities $11,450
7d · Net gain or loss

total $11,450 · excluded $11,450
8a · Fundraising events: gross income

$51,159
8a · Fundraising events: contributions included on line 1c

$314,940
8b · Fundraising events: direct expenses

$225,917
8c · Net income from fundraising events

total -$174,758 · excluded -$174,758
9a · Gaming: gross income

$0
9b · Gaming: direct expenses

$0
9c · Net income from gaming

total $0
10a · Gross sales of inventory

$55,241
10b · Cost of goods sold

$40,689
10c · Net income from sales of inventory

total $14,552 · related or exempt $14,552
11a · Other revenue: MISCELLANEOUS

total $157,173 · related or exempt $157,173
11b · Other revenue: RESOURCE Y SUPPORT

total $310,091 · related or exempt $310,091
11e · Other revenue, total

$467,264

Functional expenses

Part IX, the statement of functional expenses.

1 · Grants to domestic organizations and governments

total $0
2 · Grants to domestic individuals

total $0
3 · Grants to foreign organizations and individuals

total $0
4 · Benefits paid to or for members

total $0
5 · Compensation of officers, directors and key employees

total $873,648 · management and general $873,648
6 · Compensation of disqualified persons

total $0
7 · Other salaries and wages

total $12,110,618 · program services $11,215,322 · management and general $743,536 · fundraising $151,760
8 · Pension plan contributions

total $554,507 · program services $437,308 · management and general $106,429 · fundraising $10,770
9 · Other employee benefits

total $538,471 · program services $390,620 · management and general $138,230 · fundraising $9,621
10 · Payroll taxes

total $1,111,662 · program services $978,327 · management and general $120,534 · fundraising $12,801
11a · Fees: management

total $0
11b · Fees: legal

total $98,976 · management and general $98,976
11c · Fees: accounting

total $0
11d · Fees: lobbying

total $0
11e · Fees: professional fundraising services

total $0
11f · Fees: investment management

total $4,616 · management and general $4,616
11g · Fees: other

total $1,820,021 · program services $522,983 · management and general $1,297,022 · fundraising $16
12 · Advertising and promotion

total $436,252 · program services $92,072 · management and general $330,324 · fundraising $13,856
13 · Office expenses

total $387,185 · program services $353,480 · management and general $25,614 · fundraising $8,091
14 · Information technology

total $326,286 · program services $25,617 · management and general $299,627 · fundraising $1,042
15 · Royalties

total $0
16 · Occupancy

total $4,055,604 · program services $4,033,215 · management and general $22,389
17 · Travel

total $255,742 · program services $91,148 · management and general $160,609 · fundraising $3,985
18 · Travel or entertainment for public officials

total $0
19 · Conferences, conventions and meetings

total $183,391 · program services $57,677 · management and general $123,577 · fundraising $2,137
20 · Interest

total $661,598 · program services $632,088 · management and general $29,510
21 · Payments to affiliates

total $272,853 · program services $207,312 · management and general $35,396 · fundraising $30,145
22 · Depreciation, depletion and amortization

total $2,258,106 · program services $2,244,711 · management and general $13,395
23 · Insurance

total $574,747 · program services $573,004 · management and general $1,743
24a · Other expenses: PROGRAM SUPPLIES

total $1,180,930 · program services $1,086,064 · management and general $49,040 · fundraising $45,826
24b · Other expenses: ORGANIZATION DUES

total $90,763 · program services $68,961 · management and general $11,774 · fundraising $10,028
24c · Other expenses: MISC. EXPENSES

total $52,918 · program services $16,143 · management and general $35,528 · fundraising $1,247

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $2,746,963 · end of year $3,549,438
2 · Savings and temporary cash investments

beginning of year $17,343 · end of year $7,358
3 · Pledges and grants receivable

beginning of year $1,950 · end of year $12,465
4 · Accounts receivable

beginning of year $3,460,665 · end of year $667,574
5 · Loans and receivables from officers and key people

beginning of year $0 · end of year $0
6 · Loans and receivables from disqualified persons

beginning of year $0 · end of year $0
7 · Other notes and loans receivable

beginning of year $0 · end of year $0
8 · Inventories for sale or use

beginning of year $0 · end of year $0
9 · Prepaid expenses and deferred charges

beginning of year $309,250 · end of year $274,390
10a · Land, buildings and equipment: cost or other basis

$75,610,370
10b · Land, buildings and equipment: accumulated depreciation

$37,051,840
10c · Land, buildings and equipment, net

beginning of year $39,534,158 · end of year $38,558,530
11 · Investments: publicly traded securities

beginning of year $444,606 · end of year $521,809
12 · Investments: other securities

beginning of year $210,000 · end of year $210,000
13 · Investments: program-related

beginning of year $0 · end of year $0
14 · Intangible assets

beginning of year $0 · end of year $0
15 · Other assets

beginning of year $1,429,183 · end of year $1,521,157
17 · Accounts payable and accrued expenses

beginning of year $1,733,818 · end of year $1,625,900
18 · Grants payable

beginning of year $0 · end of year $0
19 · Deferred revenue

beginning of year $2,049,712 · end of year $1,925,858
20 · Tax-exempt bond liabilities

beginning of year $11,295,367 · end of year $10,731,467
21 · Escrow or custodial account liability

beginning of year $0 · end of year $0
22 · Loans and payables to officers and key people

beginning of year $0 · end of year $0
23 · Secured mortgages and notes payable

beginning of year $3,989,958 · end of year $3,619,625
24 · Unsecured notes and loans payable

beginning of year $0 · end of year $0
25 · Other liabilities

beginning of year $593,570 · end of year $509,409
27 · Net assets without donor restrictions

beginning of year $26,671,843 · end of year $24,963,706
28 · Net assets with donor restrictions

beginning of year $1,819,850 · end of year $1,946,756

Mission and programs · 2023

Mission

THE MISSION OF THE YMCA OF THE PIKES PEAK REGION IS TO PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD A HEALTHY SPIRIT, MIND AND BODY FOR ALL. SEE SCHEDULE O FOR CONTINUATION

Activities or mission (Part I)

To put Christian principles into practice through programs that build a healthy spirit, mind and body for all.

Healthy Living: The Y is a leading voice on health and well-being. We bring families closer together, encourage good health, and foster connections through fitness, sports, fun and shared interests. See Schedule O for continuation

Expenses $13,945,385 · Revenue $15,978,947
Youth Development: Our YMCA is committed to nurturing the potential of every child and teen. All kids deserve to discover who they are and what they can achieve. We help young people cultivate the values, skills, and relationships that lead to positive behaviors, better health, and educational achievement. Our programs, such as Before and After School Care, Day Camp, Resident Camp, Swim Lessons, and Youth Sports, offer a range of experiences that enrich cognitive, social, physical, and emotional growth from toddler to high school age. See Schedule O for continuation.

Expenses $8,675,382 · Revenue $5,905,662
Social Responsibility: Our YMCA believes in giving back and supporting our neighbors. We have been listening and responding to our community's most critical needs for 146 years. At the Y, working together to strengthen our community is essential for making our community a better place to live and thrive. IN 2023, THE Y HAD 23 POLICY VOLUNTEERS AND 500 PROGRAM VOLUNTEERS, RESULTING IN 360 POLICY VOLUNTEER HOURS AND 12,350 PROGRAM VOLUNTEER HOURS. See Schedule O for continuation.

Expenses $405,285 · Revenue $560,712

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Boyd Williams

President & CEO

Total calculated

$434,293

From this org

$368,323

From related orgs

$0

Other

$65,970

Hours/week

40

Schedule J breakdown matched by us

Base

$314,706

Bonus

$50,750

Other

$2,867

Deferred

$45,166

Nontaxable benefits

$20,804

Filer's total

$434,293
Theresa Johnson

Exec.VP / Chief Op. Officer

Total calculated

$264,118

From this org

$216,557

From related orgs

$0

Other

$47,561

Hours/week

40

Schedule J breakdown matched by us

Base

$193,801

Bonus

$21,000

Other

$1,756

Deferred

$26,987

Nontaxable benefits

$20,574

Filer's total

$264,118
Sally Glennon

Senior VP of Association Adv.

Total calculated

$190,953

From this org

$160,118

From related orgs

$0

Other

$30,835

Hours/week

40

Schedule J breakdown matched by us

Base

$159,391

Bonus

$0

Other

$727

Deferred

$19,613

Nontaxable benefits

$11,222

Filer's total

$190,953
Wendy Becker

IT Director

Total calculated

$135,227

From this org

$120,243

From related orgs

$0

Other

$14,984

Hours/week

40
Stephanie DixonSTEPHANIE DIXON

EXECUTIVE DIRECTOR

Total calculated

$131,884

From this org

$100,608

From related orgs

$0

Other

$31,276

Hours/week

40
Daren Girling

VP of Operations

Total calculated

$117,569

From this org

$94,795

From related orgs

$0

Other

$22,774

Hours/week

40
Jamie Holstein

COO (To 02/24/2023)

Total calculated

$57,668

From this org

$48,602

From related orgs

$0

Other

$9,066

Hours/week

40
Brian Burns

chair

Total calculated

$0

Hours/week

1
Mary Fagnant

IMMEDIATE PAST CHAIR

Total calculated

$0

Hours/week

1
Ron Lamb

vice chair

Total calculated

$0

Hours/week

1
Kevin Kaveney

secretary

Total calculated

$0

Hours/week

1
Brett WyssBRETT WYSS

treasurer

Total calculated

$0

Hours/week

1
jason doyle

Director

Total calculated

$0

Hours/week

1
brandon gould

Director

Total calculated

$0

Hours/week

1
bill kappel

Director

Total calculated

$0

Hours/week

1
brian risley

director

Total calculated

$0

Hours/week

1
ross white

director

Total calculated

$0

Hours/week

1
brandon johnson

director

Total calculated

$0

Hours/week

1
Melissa kerr

director

Total calculated

$0

Hours/week

1
charity peak

director

Total calculated

$0

Hours/week

1
Dr Wendy Birhanzel

Director

Total calculated

$0

Hours/week

1
Michael Gaal

Director

Total calculated

$0

Hours/week

1
Jinger Haberer

Director

Total calculated

$0

Hours/week

1
Kerry Hilsabeck

Director

Total calculated

$0

Hours/week

1
Strings Kozisek

Director

Total calculated

$0

Hours/week

1
Jim Mason

Director

Total calculated

$0

Hours/week

1
Randy Newell

Director

Total calculated

$0

Hours/week

1
JW Roth

Director

Total calculated

$0

Hours/week

1
Kim Shugart

Director

Total calculated

$0

Hours/week

1
Jeremy Taylor

Director

Total calculated

$0

Hours/week

1

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

1a · Health or social club dues or initiation fees
1b · Written policy on the line-1a expenses
2 · Substantiation required before reimbursing expenses
3 · Approval by the board or compensation committee
4b · Supplemental nonqualified retirement plan
7 · Other non-fixed payments

Answered no

4a · Severance or change-of-control payment
4c · Equity-based compensation arrangement
5a · Pay contingent on this organization's revenues
5b · Pay contingent on a related organization's revenues
6a · Pay contingent on this organization's net earnings
6b · Pay contingent on a related organization's net earnings
8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, PART I LINE 1A: SOCIAL CLUB MEMBERSHIP DUES ARE PAID FOR TWO OFFICERS AT TWO SOCIAL CLUBS.
Schedule J, PART I LINE 4B: The YMCA entered into a 457(f) Ineligible nonqualified deferred compensation plan with Boyd Williams September 1, 2020. Amounts contributed under the plan become vested on the fifth year following the year the company contribution is credited to the distribution account. During the year ended December 31, 2023, $46,000 was credited to the account.
Schedule J, Part I line 7: C-LEVEL AND VICE PRESIDENTS WERE ELIGIBLE FOR AND AWARDED INCENTIVE PAY BASED ON ACHIEVING GOALS SPECIFIC TO EACH INDIVIDUALS JOB FUNCTION. THE EXECUTIVE COMMITTEE OF THE BOARD OVERSEES THE AWARDING OF INCENTIVE PAY AND THE EVALUATION OF THE SPECIFIC GOALS.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type: form_990
Tax year: 2023
Filed: 30 June 2024
IRS schema version: 2023v5.1
Source object: 202432779349300638

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