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← YMCA FOUNDATION OF VALPARAISO IN INC

Form 990 for tax year 2024

Filed by YMCA FOUNDATION OF VALPARAISO IN INC.

Totals

Total revenue
$106,866
Total expenses
$67,229
Contributions and grants received
$9,035
Grants paid
$44,425
Program service revenue
$0
Investment income
$97,831
Other revenue
$0
Total assets, end of year
$2,103,278
Total liabilities, end of year
$1,050
Net assets or fund balances, end of year
$2,102,228
Program services expenses (Part IX)
$44,425
Management and general expenses
$14,804
Fundraising expenses
$8,000
Program service expenses (Part III)
$44,425

Program services were 66.1% 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

    $9,035

  • 3 · Investment income

    total $90,662 · excluded $90,662

  • 7a · Gross sales of assets other than inventory

    securities $243,307

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

    securities $236,138

  • 7c · Gain or loss

    securities $7,169

  • 7d · Net gain or loss

    total $7,169 · excluded $7,169

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $44,425 · program services $44,425

  • 11c · Fees: accounting

    total $3,050 · management and general $3,050

  • 11f · Fees: investment management

    total $11,754 · management and general $11,754

  • 12 · Advertising and promotion

    total $8,000 · fundraising $8,000

Balance sheet

Part X, book values.

  • 4 · Accounts receivable

    beginning of year $10,117 · end of year $14,035

  • 11 · Investments: publicly traded securities

    beginning of year $1,962,035 · end of year $2,089,243

  • 17 · Accounts payable and accrued expenses

    end of year $1,050

  • 28 · Net assets with donor restrictions

    beginning of year $1,972,152 · end of year $2,102,228

Mission and programs · 2024

Mission

AS A TYPE II SUPPORTING ORGANIZATION, THE FOUNDATION'S PURPOSE IS TO ENHANCE THE FINANCIAL SECURITY AND STRENGTH OF THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF VALPARAISO, INDIANA, INC.

  • INVESTMENT MANAGEMENT TO BENEFIT THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF VALPARAISO, INDIANA, INC., A 501(C)(3) ORGANIZATION.

    Expenses $44,425 · Grants $44,425

As filed on the 2024 return.

Listed in Part VII

  • GEORGE CARBERRY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • LYNN DUTTLINGER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • JOHN FELTON MD

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • JENNIE GIRTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • BRIAN LACIAK

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • JOHN SCHOENING

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • ANNMARIE SEVERSON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • JIM MOONEY

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • PHROSINI SAMIS-SMITH

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • SHARON JOHNSON

    SECRETARY

    Total calculated
    $182,148
    From this org
    $0
    From related orgs
    $155,746
    Other
    $26,402
    Hours/week
    1 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $155,746 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $12,792 related
    Nontaxable benefits
    $0 + $13,610 related
    Filer's total
    $0 + $182,148 related

  • SCOTT BORDUI

    TREASURER

    Total calculated
    $79,064
    From this org
    $0
    From related orgs
    $78,712
    Other
    $352
    Hours/week
    1 + 40 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
14 May 2025
IRS schema version
2024v5.1
Source object
202501479349300715

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