Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $977,524

• 1e · Government grants (contributions)

  $63,293,466

• 1f · All other contributions, gifts and grants

  $31,088,994

• 1g · Noncash contributions included above

  $19,898,565

• 2a · Program service revenue: MEMBERSHIP DUES & PROGRAM FEES

  total $87,131,384 · related or exempt $87,131,384

• 2b · Program service revenue: RESIDENCE PROGRAM & RELATED SERVICES

  total $47,760,976 · related or exempt $47,760,976

• 2c · Program service revenue: OTHER FEES

  total $982,529 · related or exempt $982,529

• 3 · Investment income

  total $4,060,163 · excluded $4,060,163

• 4 · Income from investment of tax-exempt bond proceeds

  total $0

• 5 · Royalties

  total $0

• 6c · Rental income or loss

  real property $0 · personal property $0

• 6d · Net rental income or loss

  total $0

• 7a · Gross sales of assets other than inventory

  securities $171,414,789

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

  securities $165,339,043

• 7c · Gain or loss

  securities $6,075,746

• 7d · Net gain or loss

  total $6,075,746 · excluded $6,075,746

• 8a · Fundraising events: gross income

  $1,889,212

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

  $977,524

• 8b · Fundraising events: direct expenses

  $1,889,212

• 8c · Net income from fundraising events

  total $0 · excluded $0

• 9a · Gaming: gross income

  $0

• 9b · Gaming: direct expenses

  $0

• 9c · Net income from gaming

  total $0

• 10a · Gross sales of inventory

  $0

• 10b · Cost of goods sold

  $0

• 10c · Net income from sales of inventory

  total $0

• 11e · Other revenue, total

  $0

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $255,108 · program services $255,108

• 2 · Grants to domestic individuals

  total $144,000 · program services $144,000

• 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 $11,010,663 · program services $1,110,519 · management and general $9,445,694 · fundraising $454,450

• 6 · Compensation of disqualified persons

  total $0

• 7 · Other salaries and wages

  total $84,188,356 · program services $75,206,197 · management and general $7,529,547 · fundraising $1,452,612

• 8 · Pension plan contributions

  total $4,389,901 · program services $3,784,009 · management and general $541,863 · fundraising $64,029

• 9 · Other employee benefits

  total $5,429,907 · program services $4,409,753 · management and general $834,722 · fundraising $185,432

• 10 · Payroll taxes

  total $9,394,945 · program services $7,775,131 · management and general $1,440,503 · fundraising $179,311

• 11a · Fees: management

  total $0

• 11b · Fees: legal

  total $482,911 · program services $251,508 · management and general $231,403

• 11c · Fees: accounting

  total $631,140 · program services $13,000 · management and general $618,140

• 11d · Fees: lobbying

  total $72,641 · management and general $72,641

• 11e · Fees: professional fundraising services

  total $0

• 11f · Fees: investment management

  total $340,643 · management and general $340,643

• 11g · Fees: other

  total $22,087,817 · program services $19,979,925 · management and general $1,737,313 · fundraising $370,579

• 12 · Advertising and promotion

  total $3,700,687 · program services $3,306,950 · management and general $184,778 · fundraising $208,959

• 13 · Office expenses

  total $14,037,170 · program services $13,317,366 · management and general $407,641 · fundraising $312,163

• 14 · Information technology

  total $10,630,757 · program services $8,954,170 · management and general $992,780 · fundraising $683,807

• 15 · Royalties

  total $0

• 16 · Occupancy

  total $15,621,063 · program services $15,104,222 · management and general $495,579 · fundraising $21,262

• 17 · Travel

  total $269,808 · program services $269,808

• 18 · Travel or entertainment for public officials

  total $0

• 19 · Conferences, conventions and meetings

  total $2,177,575 · program services $1,255,565 · management and general $795,296 · fundraising $126,714

• 20 · Interest

  total $5,310,753 · program services $5,310,753

• 21 · Payments to affiliates

  total $850,000 · program services $850,000

• 22 · Depreciation, depletion and amortization

  total $19,505,220 · program services $19,291,317 · management and general $192,513 · fundraising $21,390

• 23 · Insurance

  total $4,936,424 · program services $4,626,472 · management and general $309,952

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $42,366 · end of year $42,366

• 2 · Savings and temporary cash investments

  beginning of year $65,458,383 · end of year $51,166,932

• 3 · Pledges and grants receivable

  beginning of year $3,180,437 · end of year $5,084,685

• 4 · Accounts receivable

  beginning of year $19,132,887 · end of year $29,672,428

• 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 $3,534,058 · end of year $4,274,556

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

  $608,645,882

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

  $297,688,738

• 10c · Land, buildings and equipment, net

  beginning of year $300,134,010 · end of year $310,957,144

• 11 · Investments: publicly traded securities

  beginning of year $91,336,667 · end of year $69,818,715

• 12 · Investments: other securities

  beginning of year $0 · end of year $32,686,033

• 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 $18,661,393 · end of year $19,636,856

• 17 · Accounts payable and accrued expenses

  beginning of year $51,535,282 · end of year $48,039,946

• 18 · Grants payable

  beginning of year $0 · end of year $0

• 19 · Deferred revenue

  beginning of year $12,004,429 · end of year $8,892,427

• 20 · Tax-exempt bond liabilities

  beginning of year $0 · end of year $0

• 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 $5,309,355 · end of year $6,091,976

• 24 · Unsecured notes and loans payable

  beginning of year $136,670,229 · end of year $134,687,953

• 25 · Other liabilities

  beginning of year $692,972 · end of year $685,908

• 27 · Net assets without donor restrictions

  beginning of year $220,855,830 · end of year $247,648,600

• 28 · Net assets with donor restrictions

  beginning of year $74,412,104 · end of year $77,292,905

The filer's explanations (Part III)

SCHEDULE J - GENERAL COMPENSATION NOTES

(A) COMPENSATION INCLUDES BUT IS NOT LIMITED TO THE FOLLOWING: BASE SALARY, ANNUAL INCENTIVE OPPORTUNITY, DISTRIBUTIONS FROM SEC 457(B) VESTED DEFERRED COMPENSATION PLAN, DISTRIBUTIONS FROM SEC 457(F) NON-VESTED SHORT-TERM DEFERRED COMPENSATION PLAN, DISTRIBUTIONS FROM SEC 457(F) NON-VESTED LONG-TERM DEFERRED COMPENSATION PLAN, SEC 529 QUALIFIED TUITION PLAN, TERM LIFE INSURANCE, VALUE OF INSURANCE (PS58 COSTS) OF WHOLE LIFE INSURANCE IN SEC 457(F) PLAN, SUPPLEMENTAL LONG-TERM DISABILITY INSURANCE, LONG-TERM CARE INSURANCE, AND PAID SEVERANCE PAYMENTS. (B)CONTRIBUTIONS TO EMPLOYEE BENEFIT PLANS AND DEFERRED COMPENSATION INCLUDES BUT IS NOT LIMITED TO THE FOLLOWING: CONTRIBUTION TO SEC 403(B) TAX-SHELTERED ANNUITY PLAN, CONTRIBUTIONS TO SEC 457(B) VESTED DEFERRED COMPENSATION PLAN, CONTRIBUTIONS TO SEC 457(F) NON-VESTED SHORT-TERM DEFERRED COMPENSATION PLAN, CONTRIBUTIONS TO SEC 457(F) NON-VESTED LONG-TERM DEFERRED COMPENSATION PLAN AND PAYMENTS TO WELFARE BENEFIT PLANS ON BEHALF OF THE OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES SUCH AS MEDICAL, DENTAL, LIFE INSURANCE, SEVERANCE PAY, DISABILITY, ETC. (C)EXPENSE ACCOUNTS AND OTHER ALLOWANCES INCLUDE BUT IS NOT LIMITED TO THE FOLLOWING: TAXABLE AND NON-TAXABLE FRINGE BENEFITS (OTHER THAN DE MINIMIS FRINGE BENEFITS DESCRIBED IN SEC 132(E)), EXPENSE ALLOWANCES OR REIMBURSEMENTS TO THE EXTENT THEY ARE TAXABLE TO THE RECIPIENT, PAYMENTS MADE UNDER INDEMNIFICATION ARRANGEMENTS, HOUSING, OR OTHER ASSETS OWNED OR LEASED BY THE ORGANIZATION (OR PROVIDED FOR THE ORGANIZATION'S USE WITHOUT CHARGE). ABOVE ALLOWANCES PROVIDED TO OFFICERS HAVE BEEN INCLUDED AS FORM W-2 COMPENSATION.

SCHEDULE J, PART I, LINE 1

OFFICERS ARE ALLOWED TO TRAVEL FIRST CLASS IN VERY LIMITED INSTANCES. ALL EMPLOYEES ON A NONDISCRIMINATORY BASIS RECEIVE, AT NO ADDITIONAL COST TO THE YMCA, MEMBERSHIP TO FACILITIES OF THE YMCA OF GREATER NEW YORK.

SCHEDULE J, PART I, LINE 4B

NONQUALIFIED RETIREMENT PLAN - SOME OFFICERS, KEY EMPLOYEES AND HIGHEST PAID EMPLOYEES LISTED IN SCHEDULE J, PARTICIPATE IN OTHER NONQUALIFIED RETIREMENT PLAN IN 2024. DURING CALENDAR YEAR 2024, THE FOLLOWING INDIVIDUALS VESTED IN A DEFERRED COMPENSATION PLAN AND EACH RECEIVED A PAYMENT WHICH IS INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(II). SHARON GREENBERGER $642,447 MICHAEL GUARINO $363,653 ELIZABETH BERGIN $313,999 MELVIN TSE $308,779 DURING CALENDAR YEAR 2024, THE FOLLOWING INDIVIDUALS VESTED IN A DEFERRED COMPENSATION PLAN AND EACH RECEIVED A PAYMENT WHICH IS INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III). SHARON GREENBERGER $82,682 MICHAEL GUARINO $31,096 ELIZABETH BERGIN $19,058 MELVIN TSE $20,110 DURING CALENDAR YEAR 2024, THE FOLLOWING INDIVIDUALS PARTICIPATED IN A DEFERRED COMPENSATION PLAN WHICH IS INCLUDED IN SCHEDULE J, PART II, COLUMN (C). SHARON GREENBERGER $367,699 MICHAEL GUARINO $228,330 ELIZABETH BERGIN $210,477 MELVIN TSE $200,744

SCHEDULE J, PART I, LINE 7

FULL TIME EMPLOYEES WHO MEET SPECIFIC ANNUAL PERFORMANCE GOALS ARE ELIGIBLE TO PARTICIPATE IN THE ANNUAL INCENTIVE OPPORTUNITY. INCENTIVE AWARDS ARE DISTRIBUTED BASED ON PERFORMANCE RATING. PARTICIPANTS MUST BE ACTIVELY EMPLOYED ON THE DATE INCENTIVE PAYMENTS ARE DISTRIBUTED. THE PAYMENT INFORMATION IS REPORTED ON SCHEDULE J, PART II, COLUMN B(II).

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• PERPETUAL TRUST (1)

  TRUST · TRUST DISTRIB · NY

  Directly controlled by NA