2023-11-15T22:31:03-06:00 2022-12-31 873231666 PKF O'CONNOR DAVIES ADVISORY LLC 40 WESTMINSTER STREET SUITE 600 PROVIDENCE RI 02903 990 2022-01-01 050258878 GREATER PROVIDENCE YOUNG MENS CHRISTIAN ASSOCIATION GREA 4015219622 33 BROAD STREET SUITE 303 PROVIDENCE RI 029034176 STEVEN O'DONNELL CEO 4015219622 2023-11-15 1 STEVEN ODONNELL 999009999 1 GARRETT M HIGGINS P00543209 4016216200 2023-11-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X STEVEN O'DONNELL 33 BROAD STREET SUITE 303 PROVIDENCE RI 029034176 20675125 0 X WWW.YMCAGREATERPROVIDENCE.ORG X 1854 RI TO BUILD HEALTHY SPIRIT, MIND AND BODY FOR ALL, THROUGH PROGRAMS, SERVICES AND RELATIONSHIPS THAT ARE BASED UPON OUR CORE VALUES OF CARING, HONESTY, RESPECT, AND RESPONSIBILITY. 24 24 731 60 0 0 3760436 4999181 9901149 14826504 743764 205547 1010073 516714 15415422 20547946 537329 769615 0 0 7477118 10147110 0 0 92491 7359410 8661173 15373857 19577898 41565 970048 33652869 30982666 11513958 9058131 22138911 21924535 X TO BUILD HEALTHY SPIRIT, MIND AND BODY FOR ALL, THROUGH PROGRAMS, SERVICES AND RELATIONSHIPS THAT ARE BASED UPON OUR CORE VALUES OF CARING, HONESTY, RESPECT AND RESPONSIBILITY. 0 0 8192225 193316 5495542 CHILDCARE AND CAMP:THE YMCA OF GREATER PROVIDENCE PARTNERS WITH LOCAL SCHOOL DISTRICTS AND OTHER COMMUNITY PARTNERS TO OFFER CHILDREN SAFE, EDUCATIONAL, AND ENRICHING PROGRAMS BEFORE AND AFTER SCHOOL. OUR CHILDCARE PROGRAMS FOCUS ON ACADEMIC ACHIEVEMENT, HEALTH AND WELLNESS PROGRAMMING AND SPECIAL EVENTS. OUR PROGRAMS ARE OFFERED BOTH AT THE YMCA LOCATIONS AND LOCAL SCHOOLS. IN 2022 WE SERVED OVER 1000 CHILDREN IN OUR AFTERSCHOOL CHILDCARE PROGRAMS. NO CHILD IS TURNED AWAY BECAUSE OF INABILITY TO PAY. YMCA CAMPS SERVICED OVER 4,000 CHILDREN IN 2022. OUR CAMPS OFFER CHILDREN VARIED OPPORTUNITIES TO GROW BY PARTICIPATING IN OUTDOOR ACTIVITIES SUCH AS SPORTS, GAMES, AND SAILING AS WELL AS ARTS AND CRAFTS AND FIELD TRIPS. THE CHILDREN MEET OTHERS FROM ALL WALKS OF LIFE, EVEN OTHER COUNTRIES, GIVING THEM A TRULY ENRICHING EXPERIENCE. 8134300 576299 9324490 MEMBERSHIP AND PROGRAMS:THE YMCA OF GREATER PROVIDENCE IS COMMITTED TO IMPROVING THE HEALTH AND WELLNESS OF OUR COMMUNITY, AS WELL AS PROVIDING A SAFE PLACE FOR OLDER ADULTS, ADULTS, TEENS, CHILDREN, AND FAMILIES TO MEET AND PARTICIPATE IN HEALTHY AND FUN ACTIVITIES. IN 2022 WE SERVED OVER 25,000 MEMBERS AND PARTICIPANTS. WE SUPPORT INDIVIDUALS AND FAMILIES OF ALL AGES AND WALKS OF LIFE BY PROVIDING ACCESS TO OUR SEVEN WELLNESS CENTERS NO MATTER THEIR ABILITY TO PAY. WE OFFER GROUP, FAMILY, AND INDIVIDUAL PROGRAMMING. OUR BASIC SERVICES ARE COMPLEMENTED BY SPECIALTY PROGRAMS TO MEET THE NEEDS OF INDIVIDUALS LIVING WITH CHRONIC HEALTH CONDITIONS, SUCH AS DIABETES, CANCER, AND PARKINSON'S DISEASE. 16326525 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 59 0 731 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 24 24 0 1 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 MA X STEVEN O'DONNELL 4015219622 21 PEACE STREET PROVIDENCE RI 02907 STEVEN DELLAPOSTA CHAIR 2.00 X X 0 0 0 DANIEL DA PONTE VICE CHAIR 2.00 X X 0 0 0 DAVID BURNETT TREASURER 2.00 X X 0 0 0 CARMEN SHARP SECRETARY 2.00 X X 0 0 0 JEFF BARTON DIRECTOR 1.00 X 0 0 0 PAUL BOGHOSIAN DIRECTOR 1.00 X 0 0 0 MICHAEL BUSAM DIRECTOR 1.00 X 0 0 0 ED COOLEY DIRECTOR 1.00 X 0 0 0 PAUL DALY JR DIRECTOR 1.00 X 0 0 0 ANDREW DELABRY DIRECTOR 1.00 X 0 0 0 ROSEMARY GALLOGLY DIRECTOR 1.00 X 0 0 0 PAMELA HANSON CARBONE DIRECTOR 1.00 X 0 0 0 JOHN HARKEY DIRECTOR 1.00 X 0 0 0 STEPHEN HUG DIRECTOR 1.00 X 0 0 0 ABDELNASSER HUSSEIN DIRECTOR 1.00 X 0 0 0 ZENON LANKOWSKY DIRECTOR 1.00 X 0 0 0 ADAM MACKSOUD DIRECTOR 1.00 X 0 0 0 WAYNE MONTAGUE DIRECTOR 1.00 X 0 0 0 MICHAEL MONTECALVO DIRECTOR 1.00 X 0 0 0 JUDGE WILLIAM SMITH DIRECTOR 1.00 X 0 0 0 GRACE SWINSKI DIRECTOR 1.00 X 0 0 0 ZACHARY WEINBERGER DIRECTOR 1.00 X 0 0 0 TONY WEISMAN DIRECTOR 1.00 X 0 0 0 JULIUS ALLEN WILLIAMS DIRECTOR 1.00 X 0 0 0 STEVEN O'DONNELL CEO 40.00 X 311003 0 24845 KOBI DENNIS COO 40.00 X 129594 0 28345 440597 0 53190 2 0 1 0 PEREGRINE PROPERTY MANAGEMENT 20 NEWMAN AVENUE SUITE 1005 RUMFORD RI 02916 PROPERTY MANAGEMENT 495513 PRESTIGE HARDSCAPE LLC 199 BUCKLIN STREET PROVIDENCE RI 02907 GROUNDS MAINTENANCE 421332 FITTON CONSTRUCTION 485 MENDON ROAD ATTLEBORO MA 02730 CONSTRUCTION SERVICES 196762 CITRIN COOPERMAN PO BOX 23946 NEW YORK NY 10087 FINANCIAL SERVICES 135000 4 96064 171801 3282766 1448550 111907 4999181 MEMBERSHIP REVENUE 813410 5463114 5463114 OTHER PROGRAM FEES 813410 3861376 3861376 CHILDCARE REVENUE - SCHOOL AGE 813410 2016979 2016979 CHILDCARE REVENUE - INFANT/TODDLE 813410 1523305 1523305 DAY CAMP REVENUE 813410 1075296 1075296 886434 886434 14826504 205547 205547 154792 0 154792 154792 154792 224765 171801 113662 111103 111103 7045 13517 -6472 -6472 CONTRACT REVENUE 900099 195956 195956 OTHER INCOME 900099 54601 54601 VENDING COMMISSIONS 900099 4695 4695 2039 2039 257291 20547946 14820032 0 728733 769615 769615 493787 179724 297271 16792 8167485 6757658 1379991 29836 302318 249786 52113 419 559607 441096 115651 2860 623913 485779 135052 3082 125741 125741 49127 49127 41084 41084 21520 21520 52981 1679 51302 1081102 463689 578393 39020 2265942 2190366 75576 110735 110735 32853 30659 2194 370999 370999 1624836 1575022 49814 579265 561652 17131 482 PROGRAM SUPPLIES 1632877 1632877 FOOD 291122 291122 NATIONAL & ORG. DUES 197725 161142 36583 MISCELLANEOUS 183264 52925 130339 19577898 16326525 3158882 92491 422995 542027 1356892 482460 98025 34884 2339502 2691869 357606 394501 43742318 24213575 20471125 19528743 5009834 4208434 3596890 3099748 33652869 30982666 1031259 1222821 1470762 897819 4257406 0 1790436 6330796 2964095 606695 11513958 9058131 X 17360329 17679779 4778582 4244756 22138911 21924535 33652869 30982666 X 970048 -656023 -528401 X X 0 1 X 1 0 X 2213596 2113940 2411604 3760436 4999181 15498757 2213596 2113940 2411604 3760436 4999181 15498757 15498757 325099 337856 226023 360871 360339 1610188 26049 111103 137152 576793 199816 257291 1033900 18279997 61759713 0.84790 0.81900 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: SOLAR CREDITS - 2020 AMOUNT: $ 291,634. 2021 AMOUNT: $ 179,237. 2022 AMOUNT: $ 2,039. FOOD REIMBURSEMENTS - 2020 AMOUNT: $ 59,495. MISCELLANEOUS - 2020 AMOUNT: $ 225,664. 2021 AMOUNT: $ 18,944. 2022 AMOUNT: $ 54,601. VENDING INCOME - 2021 AMOUNT: $ 1,635. 2022 AMOUNT: $ 4,695. CONTRACT REVENUE - 2022 AMOUNT: $ 195,956. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5832722 -520751 277403 5034568 7203293 315843 297171 1389243 5832722 6369668 1243321 409696 7203293 6677909 292000 -383457 216784 6369668 4267589 2570321 160001 6677909 0.79510 0.20490 0.00000 0 0 1060714 1060714 11891497 8732093 3159404 25418746 11278852 14139894 5337342 4202630 1134712 34019 34019 19528743 BENEFICIAL INTEREST IN PERPETUAL TRUST 2002291 BENEFICIAL INTEREST - ASSETS HELD BY COMMUNITY FDN 860539 RIGHT OF USE ASSET 236918 3099748 OBLIGATIONS UNDER CAPITAL LEASES 369777 LEASE LIABILITY 236918 606695 X 18552823 -656023 -528401 -1184424 19737247 41084 769615 810699 20547946 18767199 0 18767199 41084 769615 810699 19577898 PART X, LINE 2: EXCEPT FOR TAXES THAT MAY BE DUE FOR UNRELATED BUSINESS INCOME, THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES PURSUANT TO SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND FROM STATE AND LOCAL INCOME TAXES UNDER COMPARABLE LAWS. THE ORGANIZATION RECOGNIZES THE EFFECT OF INCOME TAX POSITIONS ONLY IF THOSE POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED. MANAGEMENT HAS DETERMINED THAT THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE FINANCIAL STATEMENT RECOGNITION AND/OR DISCLOSURE. THE ORGANIZATION IS NO LONGER SUBJECT TO EXAMINATIONS BY THE APPLICABLE TAXING JURISDICTIONS FOR PERIODS PRIOR TO FISCAL 2019. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN BENEFICIAL TRUST -528,401. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID NETTED AGAINST REVENUE 769,615. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL AID NETTED AGAINST REVENUE 769,615. SCHEDULE D, PART V, LINE 4: THE BOARD DESIGNATED PORTION OF THE ENDOWMENT FUND IS INTENDED TO BE USED FOR VARIOUS BRANCH AND CAMP OPERATIONS. THE DONOR-RESTRICTED PORTION OF THE ENDOWMENT FUND IS INTENDED TO BE USED FOR FINANCIAL AID AND CAMP SCHOLARSHIPS. Y HEROES 271923 84323 187600 1881 41207 36295 BAYSIDE GOLF TOURNAMENT 62550 39630 22920 568 16539 1335 4 62093 47848 14245 2779 11188 1870 396566 171801 224765 5228 68934 39500 113662 111103 0 FINANCIAL AID 14705 769615 X X X X 0 0 0 0 0 0 0 1 0 STEVEN O'DONNELL CEO 255102 0 12000 0 43901 0 24845 0 0 0 335848 0 0 0 KOBI DENNIS COO 99577 0 11000 0 19017 0 9011 0 19334 0 157939 0 0 0 PART I, LINE 7 THE ORGANIZATION PAID BOARD APPROVED PERFORMANCE-BASED BONUSES IN 2022. X 8033 COST X 50000 COST X MEDIA 1 35000 X VOUCHERS 1 12000 X GIFTS 1 6874 0 0 1 0 PART I, COLUMN (B): THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTORS IN COLUMN (B). FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION CONTRACTED WITH CITRON COOPERMAN & COMPANY, LLP FOR CHIEF FINANCIAL OFFICER SERVICES. TOTAL EXPENSES INCURRED FOR THESE SERVICES IN 2022 WERE $135,000. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CHIEF EXECUTIVE OFFICER, FINANCE MANAGER AND CONSULTANT CFO. A COMPLETE COPY OF THE FORM 990 IS PROVIDED TO ALL MEMBERS OF THE ORGANIZATION'S BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS A CONFLICT OF INTEREST POLICY WHICH COVERS THE ORGANIZATION'S BOARD OF DIRECTORS, OFFICERS, AND KEY EMPLOYEES. ANNUALLY, SUCH PERSONS MUST COMPLETE AND SIGN A CONFLICT OF INTEREST STATEMENT TO DISCLOSE ANY POTENTIAL CONFLICTS. SUCH PERSONS MUST ALSO DISCLOSE ANY POTENTIAL CONFLICTS AS THEY ARISE. POTENTIAL CONFLICTS ARE REVIEWED BY THE BOARD OF DIRECTORS (WITH THE INTERESTED PERSON RECUSED) WHO IS RESPONSIBLE FOR DETERMINING IF A CONFLICT EXISTS, AND ON THE COURSE OF ACTION TO BE TAKEN. FORM 990, PART VI, SECTION B, LINE 15A THE CEO SIGNED A 5-YEAR CONTRACT IN 2021 WHICH INCLUDES ALL TERMS OF HIS EMPLOYMENT AND COMPENSATION. THE CONTRACT WAS APPROVED BY THE EXECUTIVE COMMITTEE AND COMMUNICATED TO THE FULL BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE USED COMPARABLE COMPENSATION INFORMATION PROVIDED IN A COMPENSATION SURVEY/STUDY PROVIDED BY THE YMCA USA, A NATIONAL RESOURCE OFFICE FOR LOCAL YMCA'S ACROSS THE UNITED STATES. THE PROCESS WAS LAST CONDUCTED IN 2021. THE COMPENSATION OF THE CFO WAS DETERMINED WHEN SHE WAS HIRED, BASED ON COMPARABLE COMPENSATION DATA PROVIDED BY THE YMCA USA. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF BENEFICIAL TRUST -528,401. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS AN AUDIT COMMITTEE THAT IS RESPONSIBLE FOR THE OVERSIGHT OF ITS FINANCIAL STATEMENTS AND THE SELECTION OF AN INDEPENDENT ACCOUNTANT. THE PROCESS DID NOT CHANGE FROM THE PRIOR YEAR.