Skip to content
Nonprofiteer
← YMCA FOUNDATION OF VALPARAISO IN INC

Form 990 for tax year 2022

Filed by YMCA FOUNDATION OF VALPARAISO IN INC.

What the amendment changed

Compared with the return it replaced , filed 10 November 2023. matched by us Only the return's totals, a 990-PF's accounting method and the names listed in Part VII (Part VIII on a 990-PF) are compared. We relate returns by organization, tax year and form, and order them by each return's own timestamp; the filer's own "amended return" checkbox is a separate fact.

Total revenue
$80,604 changed to $120,658
Contributions and grants received
$0 changed to $38,617
Investment income
$80,604 changed to $82,041
Total assets, end of year
$1,804,968 changed to $1,843,585
Net assets or fund balances, end of year
$1,804,968 changed to $1,843,585

Totals

Total revenue
$120,658
Total expenses
$90,263
Contributions and grants received
$38,617
Grants paid
$0
Program service revenue
$0
Investment income
$82,041
Other revenue
$0
Total assets, end of year
$1,843,585
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$1,843,585
Program services expenses (Part IX)
$0
Management and general expenses
$90,263
Fundraising expenses
$0
Program service expenses (Part III)
not reported

Program services were 0.0% 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.

  • 1f · All other contributions, gifts and grants

    $38,617

  • 3 · Investment income

    total $79,885 · excluded $79,885

  • 7a · Gross sales of assets other than inventory

    securities $20,421

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

    securities $18,265

  • 7c · Gain or loss

    securities $2,156

  • 7d · Net gain or loss

    total $2,156 · excluded $2,156

Functional expenses

Part IX, the statement of functional expenses.

  • 24a · Other expenses: ENDOWMENT DISTRIBUTION

    total $57,260 · management and general $57,260

  • 24b · Other expenses: FOUNDATION EXPENSES

    total $22,000 · management and general $22,000

  • 24c · Other expenses: INVESTMENT FEES

    total $11,003 · management and general $11,003

Balance sheet

Part X, book values.

  • 4 · Accounts receivable

    end of year $38,617

  • 11 · Investments: publicly traded securities

    beginning of year $2,078,891 · end of year $1,804,968

  • 28 · Net assets with donor restrictions

    beginning of year $2,078,891 · end of year $1,843,585

Mission and programs · 2022

Mission

AS A TYPE II SUPPORTING ORGANIZATION, THE FOUNDATIONS PURPOSE IS TO ENHANCE THE FINANCIAL SECURITY AND STRENGTH OF THE YMCA OF VALPARAISO, IN, INC.

  • INVESTMENT MANAGEMENT TO BENEFIT THE YMCA OF VALPARAISO, IN, INC., A 501(C)(3) ORGANIZATION

As filed on the 2022 return.

Listed in Part VII

  • Annmarie Severson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • George Carberry

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Lynn Duttlinger

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Mark Glibota

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 40 related

  • Brian Laciak

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • John Felton MD

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • John Schoening

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • Sharon Johnson

    CEO

    Total calculated
    $182,571
    From this org
    $0
    From related orgs
    $165,087
    Other
    $17,484
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $151,826 related
    Bonus
    $0
    Other
    $0 + $13,261 related
    Deferred
    $0 + $11,748 related
    Nontaxable benefits
    $0 + $5,736 related
    Filer's total
    $0 + $182,571 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

No itemized grants to organizations 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
2022
Filed
10 November 2023
IRS schema version
2022v5.0
Source object
202343359349300519

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.