Form 990 for tax year 2025

Revenue

Part VIII, the statement of revenue.

• 1a · Federated campaigns

  $1,177,837

• 1c · Fundraising events

  $624,127

• 1e · Government grants (contributions)

  $2,490,039

• 1f · All other contributions, gifts and grants

  $5,038,635

• 1g · Noncash contributions included above

  $139,858

• 2a · Program service revenue: HEALTHY LIVING

  total $50,284,297 · related or exempt $50,284,297

• 2b · Program service revenue: YOUTH DEVELOPMENT

  total $19,118,592 · related or exempt $19,118,592

• 2c · Program service revenue: SOCIAL RESPONSIBILITY

  total $340,546 · related or exempt $340,546

• 2f · All other program service revenue

  total $950,028 · related or exempt $950,028

• 3 · Investment income

  total $1,221,765 · excluded $1,221,765

• 6a · Gross rents

  real property $157,859

• 6b · Less rental expenses

  real property $137,346

• 6c · Rental income or loss

  real property $20,513

• 6d · Net rental income or loss

  total $20,513 · unrelated business $20,513

• 7a · Gross sales of assets other than inventory

  securities $3,490,172 · other assets $1,129,564

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

  securities $2,415,356 · other assets $328,613

• 7c · Gain or loss

  securities $1,074,816 · other assets $800,951

• 7d · Net gain or loss

  total $1,875,767 · excluded $1,875,767

• 8a · Fundraising events: gross income

  $251,432

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

  $624,127

• 8b · Fundraising events: direct expenses

  $467,208

• 8c · Net income from fundraising events

  total -$215,776 · excluded -$215,776

• 10a · Gross sales of inventory

  $165,413

• 10b · Cost of goods sold

  $64,799

• 10c · Net income from sales of inventory

  total $100,614 · related or exempt $100,614

• 11a · Other revenue: MISCELLANEOUS INCOME

  total $926,729 · related or exempt $926,729

• 11b · Other revenue: TIMBER SALES

  total $91,214 · unrelated business $91,214

• 11e · Other revenue, total

  $1,017,943

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $2,576,341 · program services $2,576,341

• 3 · Grants to foreign organizations and individuals

  total $88,500 · program services $88,500

• 5 · Compensation of officers, directors and key employees

  total $1,679,783 · program services $130,669 · management and general $1,058,489 · fundraising $490,625

• 7 · Other salaries and wages

  total $40,589,303 · program services $35,123,319 · management and general $4,031,313 · fundraising $1,434,671

• 8 · Pension plan contributions

  total $2,262,837 · program services $2,027,215 · management and general $196,031 · fundraising $39,591

• 9 · Other employee benefits

  total $2,255,766 · program services $1,433,034 · management and general $662,533 · fundraising $160,199

• 10 · Payroll taxes

  total $3,468,272 · program services $2,968,067 · management and general $393,616 · fundraising $106,589

• 11a · Fees: management

  total $2,178,963 · program services $1,664,364 · management and general $514,599

• 11b · Fees: legal

  total $481,249 · program services $284,066 · management and general $197,183

• 11c · Fees: accounting

  total $98,500 · program services $9,200 · management and general $89,300

• 11e · Fees: professional fundraising services

  total $82,350 · fundraising $82,350

• 11f · Fees: investment management

  total $4,000 · management and general $4,000

• 11g · Fees: other

  total $2,067,274 · program services $1,864,552 · management and general $202,722

• 12 · Advertising and promotion

  total $706,913 · program services $64,329 · management and general $569,161 · fundraising $73,423

• 13 · Office expenses

  total $406,293 · program services $259,907 · management and general $131,332 · fundraising $15,054

• 16 · Occupancy

  total $7,143,205 · program services $6,678,106 · management and general $465,099

• 17 · Travel

  total $494,460 · program services $431,228 · management and general $61,245 · fundraising $1,987

• 19 · Conferences, conventions and meetings

  total $530,114 · program services $263,896 · management and general $105,293 · fundraising $160,925

• 20 · Interest

  total $194,057 · program services $194,057

• 22 · Depreciation, depletion and amortization

  total $6,276,564 · program services $6,047,566 · management and general $228,998

• 23 · Insurance

  total $2,247,814 · program services $2,247,814

• 24a · Other expenses: PROGRAM SUPPLIES

  total $3,986,995 · program services $3,748,686 · management and general $146,012 · fundraising $92,297

• 24b · Other expenses: SUBSCRIPTIONS AND DUES

  total $661,350 · program services $61,192 · management and general $560,288 · fundraising $39,870

• 24c · Other expenses: EQUIPMENT

  total $183,283 · program services $160,995 · management and general $20,733 · fundraising $1,555

• 24e · All other expenses

  total $2,936,628 · program services $2,676,271 · management and general $176,441 · fundraising $83,916

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,987,926 · end of year $2,686,023

• 2 · Savings and temporary cash investments

  beginning of year $11,796,182 · end of year $10,824,005

• 3 · Pledges and grants receivable

  beginning of year $3,337,566 · end of year $3,202,894

• 4 · Accounts receivable

  beginning of year $1,468,935 · end of year $1,949,287

• 8 · Inventories for sale or use

  beginning of year $113,476 · end of year $120,392

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,001,416 · end of year $1,219,093

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

  $193,479,942

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

  $78,341,474

• 10c · Land, buildings and equipment, net

  beginning of year $109,801,056 · end of year $115,138,468

• 11 · Investments: publicly traded securities

  beginning of year $32,155,933 · end of year $35,059,430

• 12 · Investments: other securities

  beginning of year $448,012 · end of year $475,157

• 13 · Investments: program-related

  beginning of year $5,445,071 · end of year $5,466,006

• 15 · Other assets

  beginning of year $1,824,689 · end of year $1,993,609

• 17 · Accounts payable and accrued expenses

  beginning of year $3,521,686 · end of year $2,662,013

• 19 · Deferred revenue

  beginning of year $2,138,587 · end of year $2,515,534

• 20 · Tax-exempt bond liabilities

  beginning of year $5,663,000 · end of year $11,589,000

• 21 · Escrow or custodial account liability

  beginning of year $244,549 · end of year $248,070

• 23 · Secured mortgages and notes payable

  beginning of year $2,591,907 · end of year $958,326

• 25 · Other liabilities

  beginning of year $3,191,133 · end of year $4,783,840

• 27 · Net assets without donor restrictions

  beginning of year $102,309,420 · end of year $104,454,813

• 28 · Net assets with donor restrictions

  beginning of year $49,719,980 · end of year $50,922,768

The filer's explanations (Part III)

PART I, LINE 1A

THE EXECUTIVE DIRECTOR AND A FEW OTHER STAFF AT YMCA TROUT LODGE AND CAMP LAKEWOOD ARE REQUIRED TO LIVE ON SITE AT THE PROPERTY DUE TO THE NATURE OF THE BUSINESS, AND IT IS A CONDITION OF EMPLOYMENT FOR THOSE POSITIONS. THEREFORE, THE HOUSING IS NON-TAXABLE TO THE EMPLOYEE.

PART I, LINE 3

REGARDING COMPENSATION OF THE PRESIDENT AND CHIEF EXECUTIVE OFFICER, THE EXECUTIVE COMPENSATION COMMITTEE CONSIDERS GUIDELINES ISSUED BY THE YMCA OF THE USA FOR EXECUTIVE COMPENSATION. THE YUSA GUIDELINES TYPICALLY ENCOURAGE CONSIDERATION OF SUCH FACTORS AS ESSENTIAL LEADERSHIP COMPETENCIES AND SKILLS, MULTI-UNIT MANAGEMENT SKILL, URBAN ISSUES AND CULTURAL COMPETENCY SKILL, ABILITY TO INFLUENCE COMMUNITY STAKEHOLDERS, AND OTHER REQUIREMENTS OF THE CEO POSITION WHICH MAY BE UNIQUE TO THE ASSOCIATION. THESE SKILLS ARE CRITICAL FOR THE SUCCESSFUL FULFILLMENT OF THE MISSION OF THE GWRY AND CONTINUED FINANCIAL STABILITY. IN 2025 THE EXECUTIVE COMMITTEE AGREED THAT THE PROCESS SHOULD AND DID COMPLY WITH THE INTERNAL REVENUE SAFE HARBOR FOR EXECUTIVE COMPENSATION IN NON-PROFIT ORGANIZATIONS WHICH CREATES A PRESUMPTION THAT THE COMPENSATION IS REASONABLE IF THE FOLLOWING STEPS ARE FOLLOWED: 1) COMPENSATION IS APPROVED IN ADVANCE BY AN AUTHORIZED BODY OF THE ORGANIZATION COMPOSED OF INDIVIDUALS WHO DO NOT HAVE A CONFLICT OF INTEREST (IN THIS CASE, THE GWRY EXECUTIVE COMMITTEE); 2)THE AUTHORIZED BODY RELIES ON INDEPENDENT MARKET DATA (E.G. THE YUSA GUIDELINES, DATA PROVIDED ANNUALLY BY SULLIVAN AND COTTER) TO SET THE COMPENSATION LEVEL; 3) THE AUTHORIZED BODY MUST FULLY DOCUMENT ITS PROCESS. OTHER SENIOR EXECUTIVES OF THE ASSOCIATION ARE MEASURED ON PERFORMANCE AGAINST REQUIRED COMPETENCIES AS WELL AS SPECIFIC CHALLENGING AND MEASURABLE GOALS, AND COMPENSATION IS SET ANNUALLY BASED ON PERFORMANCE, BUDGET AND INFORMED BY MARKET DATA. THE EXECUTIVE COMPENSATION COMMITTEE IS INFORMED OF THIS PROCESS FOR SENIOR STAFF, BUT DOES NOT SET THEIR COMPENSATION.

PART I, LINE 4B

TIMOTHY HELM: $14,757.26 SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN

PART I, LINE 7

THE ORGANIZATION MAY PAY DISCRETIONARY BONUSES TO OFFICERS AND KEY EMPLOYEES AS PART OF ITS COMPENSATION PLAN.