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← YOUNG MENS CHRISTIAN ASSOC OF GREENWICH

Form 990 for tax year 2022

Filed by YOUNG MENS CHRISTIAN ASSOC OF GREENWICH.

Totals

Total revenue
$6,851,307
Total expenses
$7,028,537
Contributions and grants received
$752,290
Grants paid
$148,771
Program service revenue
$5,536,284
Investment income
$32,061
Other revenue
$530,672
Total assets, end of year
$37,124,709
Total liabilities, end of year
$2,749,976
Net assets or fund balances, end of year
$34,374,733
Program services expenses (Part IX)
$5,485,384
Management and general expenses
$1,434,395
Fundraising expenses
$108,758
Program service expenses (Part III)
$5,485,384

Program services were 78.0% 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.

  • 1c · Fundraising events

    $154,324

  • 1f · All other contributions, gifts and grants

    $597,966

  • 2a · Program service revenue: MEMBERSHIP

    total $2,668,088 · related or exempt $2,668,088

  • 2b · Program service revenue: HEALTHY LIVING

    total $2,428,988 · related or exempt $2,428,988

  • 2c · Program service revenue: YOUTH DEVELOPMENT

    total $439,208 · related or exempt $439,208

  • 3 · Investment income

    total $32,061 · excluded $32,061

  • 8a · Fundraising events: gross income

    $378,198

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

    $154,324

  • 8b · Fundraising events: direct expenses

    $203,260

  • 8c · Net income from fundraising events

    total $174,938 · excluded $174,938

  • 11a · Other revenue: OTHER INCOME

    total $355,734 · excluded $355,734

  • 11e · Other revenue, total

    $355,734

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $148,771 · program services $148,771

  • 5 · Compensation of officers, directors and key employees

    total $240,001 · program services $184,717 · management and general $52,701 · fundraising $2,583

  • 7 · Other salaries and wages

    total $2,284,681 · program services $1,758,400 · management and general $501,694 · fundraising $24,587

  • 8 · Pension plan contributions

    total $99,225 · program services $76,368 · management and general $21,789 · fundraising $1,068

  • 9 · Other employee benefits

    total $58,692 · program services $45,172 · management and general $12,888 · fundraising $632

  • 10 · Payroll taxes

    total $213,299 · program services $164,165 · management and general $46,838 · fundraising $2,296

  • 11c · Fees: accounting

    total $34,500 · management and general $34,500

  • 11g · Fees: other

    total $48,314 · management and general $48,314

  • 12 · Advertising and promotion

    total $13,186 · program services $1,295 · management and general $8,841 · fundraising $3,050

  • 13 · Office expenses

    total $165,549 · program services $109,555 · management and general $55,524 · fundraising $470

  • 14 · Information technology

    total $192,404 · program services $77,056 · management and general $108,752 · fundraising $6,596

  • 16 · Occupancy

    total $355,255 · program services $291,309 · management and general $53,288 · fundraising $10,658

  • 17 · Travel

    total $120,822 · program services $111,964 · management and general $6,051 · fundraising $2,807

  • 20 · Interest

    total $292,446 · program services $226,096 · management and general $55,675 · fundraising $10,675

  • 21 · Payments to affiliates

    total $81,064 · program services $64,851 · management and general $12,160 · fundraising $4,053

  • 22 · Depreciation, depletion and amortization

    total $1,512,984 · program services $1,437,335 · management and general $60,519 · fundraising $15,130

  • 23 · Insurance

    total $115,768 · program services $93,772 · management and general $16,208 · fundraising $5,788

  • 24a · Other expenses: UTILITIES

    total $496,428 · program services $412,035 · management and general $69,500 · fundraising $14,893

  • 24b · Other expenses: EQUIPMENT RENTAL AND MA

    total $377,228 · program services $126,352 · management and general $249,802 · fundraising $1,074

  • 24c · Other expenses: CLUB DUES

    total $108,651 · program services $108,621 · management and general $30 · fundraising $0

  • 24d · Other expenses: TELEPHONE

    total $26,722 · program services $19,240 · management and general $5,344 · fundraising $2,138

  • 24e · All other expenses

    total $42,547 · program services $28,310 · management and general $13,977 · fundraising $260

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,664,877 · end of year $1,309,496

  • 4 · Accounts receivable

    beginning of year $837,167 · end of year $349,460

  • 9 · Prepaid expenses and deferred charges

    beginning of year $5,000 · end of year $5,000

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

    $59,365,569

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

    $24,557,001

  • 10c · Land, buildings and equipment, net

    beginning of year $36,108,300 · end of year $34,808,568

  • 12 · Investments: other securities

    beginning of year $589,874 · end of year $461,354

  • 15 · Other assets

    beginning of year $0 · end of year $190,831

  • 17 · Accounts payable and accrued expenses

    beginning of year $195,220 · end of year $203,088

  • 19 · Deferred revenue

    beginning of year $744,431 · end of year $990,814

  • 23 · Secured mortgages and notes payable

    beginning of year $3,479,216 · end of year $1,361,806

  • 25 · Other liabilities

    beginning of year $105,868 · end of year $194,268

  • 27 · Net assets without donor restrictions

    beginning of year $33,956,390 · end of year $33,888,379

  • 28 · Net assets with donor restrictions

    beginning of year $724,093 · end of year $486,354

Mission and programs · 2022

Mission

THE YMCA OF GREENWICH'S MISSION IS: TO BRING TOGETHER AND STRENGTHEN THE COMMUNITY THROUGH PROGRAMS AND SERVICES THAT BUILD A HEALTHY SPIRIT, MIND AND BODY FOR ALL MEN, WOMEN AND CHILDREN.

  • YOUTH DEVELOPMENT - THE YMCA OF GREENWICH IS COMMITTED TO NURTURING THE POTENTIAL OF EVERY CHILD AND TEEN. WE BELIEVE THAT KIDS DESERVE THE OPPORTUNITY TO DISCOVER WHO THEY ARE AND WHAT THEY CAN ACHIEVE. THAT'S WHY WE HELP YOUNG PEOPLE CULTIVATE THE VALUES, SKILLS AND RELATIONSHIPS THAT LEAD TO POSITIVE BEHAVIORS, BETTER HEALTH AND EDUCATIONAL ACHIEVEMENT. OUR YMCA PROGRAMS, SUCH AS SUMMER CAMP, CHILDCARE, COMPETITIVE SWIMMING, DIVING AND WATER POLO, SWIM LESSONS AND YOUTH SPORTS, OFFER A RANGE OF EXPERIENCES THAT ENRICH COGNITIVE, SOCIAL, PHYSICAL AND EMOTIONAL GROWTH. EXPENSES INCLUDE SUBSIDIES AND DIRECT FINANCIAL ASSISTANCE THAT MAKE PARTICIPATION POSSIBLE FOR THE YOUNG PEOPLE WE ENGAGE. IN 2022, WE PROVIDED $129,784 IN FINANCIAL ASSISTANCE TO YOUNG PEOPLE WHO OTHERWISE MAY NOT HAVE BEEN ABLE TO AFFORD TO PARTICIPATE. IN ADDITION TO PROVIDING MUCH NEEDED CARE FOR WORKING FAMILIES, THE Y ASSISTED IN PREPARING EACH OF THESE CHILDREN FOR KINDERGARTEN.

    Expenses $553,309 · Grants $78,368 · Revenue $439,208

  • 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. AS A RESULT, 5,000 PEOPLE IN OUR COMMUNITY ARE RECEIVING THE SUPPORT, GUIDANCE AND RESOURCES THEY NEED TO ACHIEVE GREATER HEALTH AND SPIRIT, MIND AND BODY. THIS IS PARTICULARLY IMPORTANT AS OUR NATION STRUGGLES WITH AN OBESITY CRISIS, FAMILIES STRUGGLE WITH WORK/LIFE BALANCE AND INDIVIDUALS SEARCH FOR PERSONAL FULFILLMENT. OUR PROGRAMS ARE ACCESSIBLE, AFFORDABLE AND OPEN TO ALL FAITHS, BACKGROUNDS, ABILITIES AND INCOME LEVELS.

    Expenses $2,626,588 · Grants $21,728 · Revenue $2,428,988

  • MEMBERSHIP - Y MEMBERSHIP IS MADE UP OF PEOPLE OF ALL AGES AND FROM EVERY WALK OF LIFE WORKING SIDE BY SIDE TO STRENGTHEN OUR COMMUNITY. THE YMCA OF GREENWICH IS DEDICATED TO FOSTERING PERSONAL GROWTH AND CONNECTION THROUGH ENVIRONMENTS AND ACTIVITIES THAT EMBRACE DIVERSITY AND PROMOTE A HEALTHY LIFE BALANCE. WE BRING FAMILIES CLOSER TOGETHER, ENCOURAGE GOOD HEALTH AND FOSTER CONNECTIONS THROUGH FITNESS, SPORTS, FUN AND SHARED INTERESTS. THE Y DOES NOT TURN AWAY ANYONE DUE TO INABILITY TO PAY, TO EXPAND UPON THIS COMMITMENT; IN 2013 THE Y LAUNCHED OUR Y FOR ALL MEMBERSHIP PROGRAM. THE PROGRAM IS AN INCOME BASED SLIDING SCALE MEMBERSHIP WHICH MAKES THE Y MORE AFFORDABLE TO ALL. IN 2022, WE ALSO PROVIDED $101,640 IN FINANCIAL ASSISTANCE TO PEOPLE WHO OTHERWISE MAY NOT HAVE BEEN ABLE TO AFFORD TO PARTICIPATE IN THE MEMBERSHIP AT THE YMCA OF GREENWICH.

    Expenses $2,305,487 · Grants $48,675 · Revenue $2,668,088

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Matthew Skaarup

    CEO

    Total calculated
    $215,710
    From this org
    $215,000
    From related orgs
    $0
    Other
    $710
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $215,000
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $710
    Filer's total
    $215,710

  • Marcel Bens

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    2

  • Kimberly Rosenbaum

    VICE CHAIRMAN

    Total calculated
    $0
    Hours/week
    2

  • Jon Charette

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Anne Franscioni

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • Paul Apostolides

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Sam Azar

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Michael Bego

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Al Brodbeck

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Robert Burton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Joe Femenia

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Brett Hickey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Christopher Jennings

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Dan Koorbusch

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Richard Lukaj

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Amy McGrath

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Diane Ohl

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Shahryar Oveissi

    DIRECTOR

    Total calculated
    $0
    Hours/week
    10

  • Christian Perry

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Bharath Srikrishnan

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • David Ward

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

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

  • 3 · Form 990 of other organizations
  • 3 · Approval by the board or compensation committee

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.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

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

Provenance

Return type
form_990
Tax year
2022
Filed
16 June 2023
IRS schema version
2022v5.0
Source object
202341739349300914

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