Skip to content
Nonprofiteer
← THE COMMUNITY Y FOUNDATION

Form 990 for tax year 2024

Filed by THE COMMUNITY Y FOUNDATION.

Totals

Total revenue
$237,938
Total expenses
$787,583
Contributions and grants received
$0
Grants paid
$719,904
Program service revenue
$0
Investment income
$237,938
Other revenue
$0
Total assets, end of year
$7,024,975
Total liabilities, end of year
$12,500
Net assets or fund balances, end of year
$7,012,475
Program services expenses (Part IX)
$719,904
Management and general expenses
$67,679
Fundraising expenses
$0
Program service expenses (Part III)
$719,904

Program services were 91.4% 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.

  • 3 · Investment income

    total $179,103 · related or exempt $179,103

  • 7a · Gross sales of assets other than inventory

    securities $906,149

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

    securities $847,314

  • 7c · Gain or loss

    securities $58,835

  • 7d · Net gain or loss

    total $58,835 · related or exempt $58,835

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $719,904 · program services $719,904

  • 11c · Fees: accounting

    total $11,780 · management and general $11,780

  • 11f · Fees: investment management

    total $50,899 · management and general $50,899

  • 11g · Fees: other

    total $5,000 · management and general $5,000

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $206,186 · end of year $146,244

  • 11 · Investments: publicly traded securities

    beginning of year $6,870,787 · end of year $6,878,731

  • 25 · Other liabilities

    beginning of year $5,735 · end of year $12,500

  • 27 · Net assets without donor restrictions

    beginning of year $4,282,223 · end of year $4,068,493

  • 28 · Net assets with donor restrictions

    beginning of year $2,789,015 · end of year $2,943,982

Mission and programs · 2024

Mission

SEE SCHEDULE O.

Activities or mission (Part I)

THE COMMUNITY Y FOUNDATION IS A CHARITABLE ORGANIZATION THAT FINANCIALLY SUPPORTS THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF DELAWARE COUNTY, ALSO A 501(C)(3) ORGANIZATION. IT SHARES THE MISSION OF SERVICE TO THE COMMUNITY OF CYEDC, WHICH IS A CHARITABLE ASSOCIATION FOUNDED ON CHRISTIAN PRINCIPLES, DEDICATED TO BUILDING A HEALTHY SPIRIT, MIND AND BODY. THEY ARE COMMITTED TO BEING A POSITIVE PART OF FAMILY LIFE BY PROMOTING THE VALUES OF CARING, HONESTY, RESPECT AND RESPONSIBILITY.

  • THE COMMUNITY Y FOUNDATION PROVIDES FINANCIAL MEANS TO SUPPORT THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF DELAWARE COUNTY, A 501(C)(3) ORGANIZATION, AND ITS BUILDINGS AND PROGRAMS.IT ALLOWS FOR MAINTENANCE AND IMPROVEMENT OF THE BUILDINGS AND TO PROVIDE FINANCIAL AID FOR MEMBERS TO ATTEND THE PROGRAMS.

    Expenses $719,904 · Grants $719,904

As filed on the 2024 return.

Listed in Part VII

  • John Bevilaqua

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Nate D Collette

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Dennis Wolf

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1

  • David Brenner

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Ralph Cicalese

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Vincent Gordon

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Elizabeth Raiburn

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Greg Stratori

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Joseph Miller

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Michael Ranck

    PRESIDENT

    Total calculated
    $237,805
    From this org
    $0
    From related orgs
    $188,923
    Other
    $48,882
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $0 + $188,923 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $30,500 related
    Nontaxable benefits
    $0 + $18,382 related
    Filer's total
    $0 + $237,805 related

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

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 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
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

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

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
13 May 2025
IRS schema version
2024v5.1
Source object
202502169349301445

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.