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Nonprofiteer
← OLEAN-BRADFORD AREA YMCA FOUNDATION INC

Form 990 for tax year 2024

Filed by OLEAN-BRADFORD AREA YMCA FOUNDATION INC.

Totals

Total revenue
$182,512
Total expenses
$32,000
Contributions and grants received
$5,080
Grants paid
$0
Program service revenue
$0
Investment income
$177,432
Other revenue
$0
Total assets, end of year
$2,117,527
Total liabilities, end of year
$129,469
Net assets or fund balances, end of year
$1,988,058
Program services expenses (Part IX)
$32,000
Management and general expenses
$0
Fundraising expenses
$0
Program service expenses (Part III)
$32,000

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • JEFF TOWNSEND

    CEO, SECRETARY

    Total calculated
    $165,754
    From this org
    $0
    From related orgs
    $163,154
    Other
    $2,600
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    not reported + $163,154 related
    Bonus
    not reported
    Other
    not reported
    Deferred
    not reported + $2,600 related
    Nontaxable benefits
    not reported
    Filer's total
    not reported + $165,754 related
  • BRENDA THREEHOUSE

    CFO

    Total calculated
    $131,115
    From this org
    $0
    From related orgs
    $129,565
    Other
    $1,550
    Hours/week
    2 + 40 related
  • DR JAFAR HAMIDI

    Director

    Total calculated
    $0
    Hours/week
    1
  • DAN DEROSE

    Director

    Total calculated
    $0
    Hours/week
    1
  • KAREN COSTELLO-PECHT

    Director

    Total calculated
    $0
    Hours/week
    1
  • WILLIAM WALSH

    Director

    Total calculated
    $0
    Hours/week
    1
  • JULIE MARASCO

    Director

    Total calculated
    $0
    Hours/week
    1
  • JILL DUNN

    Director

    Total calculated
    $0
    Hours/week
    1
  • WILLIAM LEVEN

    Director

    Total calculated
    $0
    Hours/week
    1
  • DON FREDEEN

    Board Chair

    Total calculated
    $0
    Hours/week
    1
  • JIM RIED

    Director

    Total calculated
    $0
    Hours/week
    1

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 · Written employment contract
  • 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.

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
7 May 2025
IRS schema version
2024v5.1
Source object
202511279349300416

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