2024-06-17T07:20:03+00:00 2023-12-31 420714325 RSM US LLP 100 INTERNATIONAL DRIVE SUITE 1400 BALTIMORE MD 21202 990 2023-01-01 520591699 Young Men's Christian Association of Central Maryland Inc YOUN 4433229622 303 W Chesapeake Avenue Baltimore MD 21204 SHERRIE ROVNAN CHIEF FINANCIAL OFFICER 4433229622 2024-06-17 true JOHN HOEY 999009999 Julia Flannery CPA P00928918 4102469300 2023 2023-04-26 12:10:37Z The Y in Central Maryland JOHN HOEY 303 W Chesapeake Avenue Baltimore MD 21204 99537963 false X WWW.YMARYLAND.ORG X 1853 MD The Y is a charitable organization in Central Maryland dedicated to developing the full potential of every individual through programs that build healthy spirit, mind and body for all. 39 38 3153 5894 0 0 34624963 44781302 49985271 53942716 81409 283317 200524 213783 84892167 99221118 3011459 4049281 0 50902601 55937732 0 847022 35051137 35180644 88965197 95167657 -4073030 4053461 127747881 129719166 86325099 82954458 41422782 46764708 X THE Y IN CENTRAL MARYLAND IS A CHARITABLE ORGANIZATION DEDICATED TO DEVELOPING THE FULL POTENTIAL OF EVERY INDIVIDUAL THROUGH PROGRAMS THAT BUILD HEALTHY SPIRIT, MIND AND BODY FOR ALL. THE Y IS COMMITTED TO PROVIDING FAMILY-ORIENTED, AFFORDABLE HIGH QUALITY PROGRAMS THAT AN ENHANCED QUALITY OF LIFE IN THE COMMUNITIES IN WHICH WE OPERATE, EVERY FAMILY BUILDING STRONGER BONDS, ACHIEVING GREATER WORK / LIFE BALANCE AND BECOMING MORE ENGAGED WITH THEIR COMMUNITIES, EVERY CHILD AND YOUTH DEEPENING POSITIVE VALUES, THEIR COMMITMENT TO SERVICE AND THEIR MOTIVATION TO LEARN. THE Y IS A PLACE FOR EVERYONE. PEOPLE OF ALL RACES, AGES, FAITHS, GENDER, ABILITIES, BACKGROUNDS AND INCOMES ARE WELCOME AND FINANCIAL ASSISTANCE ON A SLIDING SCALE IS AVAILABLE TO THOSE WHO WOULD OTHERWISE BE UNABLE TO PARTICIPATE. false false 41350858 3756869 39000120 Y FAMILY CENTERS - THE Y IN CENTRAL MARYLAND IS A CHARITABLE, NON-PROFIT ORGANIZATION PROVIDING AFFORDABLE, ACCESSIBLE HEALTH AND WELLNESS PROGRAMS TO ALL INDIVIDUALS, BUT TARGETED PARTICULARLY TO FAMILIES, CHILDREN, YOUTH AND SENIORS. ALL HEALTH AND WELLNESS PROGRAMS AND SERVICES ARE BUILT AROUND THE GOAL OF ENCOURAGING AN ACTIVE, HEALTHY AND ENGAGED COMMUNITY. THE Y IS OPEN TO ALL, WITH SCHOLARSHIPS PROVIDED TO THOSE WHO CANNOT AFFORD TO PAY. THE Y'S FAMILY CENTER PROGRAMS SERVED OVER 125,000 PEOPLE. REDUCED FEES THROUGH SCHOLARSHIPS WERE GRANTED TO APPROXIMATELY 25,000 PEOPLE DURING THE CALENDAR YEAR. 21850926 292412 14735389 THE Y IN CENTRAL MARYLAND'S PROGRAMMING FOR CHILDREN AND YOUTH, INCLUSIVE OF FULL-DAY EARLY CHILDHOOD DEVELOPMENT, BEFORE AND AFTER SCHOOL ENRICHMENT, SUMMER CAMP AND A WIDE VARIETY OF RELATED PROGRAMS, PROVIDES SAFE, ENGAGING, DEVELOPMENTALLY APPROPRIATE AND HEALTHY YOUTH ASSET DEVELOPMENT EXPERIENCES. ALL SUCH PROGRAMS ARE DESIGNED TO EITHER PREPARE CHILDREN FOR SCHOOL OR TO INCREASE THEIR CHANCES FOR SUCCESS IN SCHOOL AND LIFE. THE Y'S YOUTH DEVELOPMENT PROGRAMS PROVIDED $10,785,646 THIS YEAR IN REDUCED FEES TO OVER 20,000 CHILDREN. 19978384 0 0 HEAD START PROGRAMS PROVIDE EDUCATIONAL, SOCIAL, PSYCHOLOGICAL, HEALTH, NUTRITION AND PARENT EDUCATION SERVICES. THE Y'S HEAD START PROGRAMS PROVIDED $22,034,014 THIS YEAR IN REDUCED FEES TO APPROXIMATELY 1,000 CHILDREN RANGING FROM INFANTS TO 4 YEARS OLD, AS WELL AS THEIR FAMILIES. 0 0 207207 OTHER PROGRAM SERVICES 207207 83180168 true true false true false false false false false true false false true true true false true false false true false false false true false false false true true true false false false false false false false false false false true false false false true true true false false false true 314 0 true 3153 true false false false false false true true false false false false false false X 39 38 false false false false false false false true true false false true true true true true true true true false MD X SHERRIE ROVNAN 4433229622 303 W Chesapeake Avenue Baltimore MD 21204 Dana M Smith Vice Chair (1st) 2.0 X X 0 0 0 David Vahos Chair 2.0 X X 0 0 0 Dr Kevin Banks Vice Chair (2nd) 2.0 X X 0 0 0 Harry Thomasian Jr Treasurer 2.0 X X 0 0 0 John K Hoey President, Chief Executive Officer 50.0 X X 742521 0 362611 Leigh Howe Secretary 2.0 X X 0 0 0 Alan Cason Director 2.0 X 0 0 0 Andrew Flott Director 2.0 X 0 0 0 Anthony Brandon Director 2.0 X 0 0 0 Barry Williams Director 2.0 X 0 0 0 Bobby Lindsey Director 2.0 X 0 0 0 Bonnie Phipps Director 2.0 X 0 0 0 Brian Deffaa Director 2.0 X 0 0 0 Byron Marchant Director 2.0 X 0 0 0 Cornell Brown Director 2.0 X 0 0 0 Darleen Won Director 2.0 X 0 0 0 David DiPietro Director 2.0 X 0 0 0 David Schwing Director 2.0 X 0 0 0 Doug Lane Director 2.0 X 0 0 0 Dr Carlos Ince Director 2.0 X 0 0 0 Dr Nicolette Louissaint Director 2.0 X 0 0 0 Dr Thomas Smyth Director 2.0 X 0 0 0 Frances Draper Director 2.0 X 0 0 0 Gail Makode Director 2.0 X 0 0 0 Gary Williams Director 2.0 X 0 0 0 Heather McKenzie Director 2.0 X 0 0 0 James Hayden Director 2.0 X 0 0 0 John Bremer Director 2.0 X 0 0 0 John Heyl Director 2.0 X 0 0 0 John Sarbanes Director 2.0 X 0 0 0 Joseph Foss Director 2.0 X 0 0 0 Kathryn Watson Director 2.0 X 0 0 0 Keith Sullivan Director 2.0 X 0 0 0 Kendra Brown Director 2.0 X 0 0 0 Kera Ritter Director 2.0 X 0 0 0 Louis Montgomery Director 2.0 X 0 0 0 Mary Jean Herron Director 2.0 X 0 0 0 Michael Siri Director 2.0 X 0 0 0 Michelle Becote-Jackson Director 2.0 X 0 0 0 Mohannad Jishi Director 2.0 X 0 0 0 Pamela Gray Director 2.0 X 0 0 0 Stephanie Baker Director 2.0 X 0 0 0 Stephen Lambertson Director 2.0 X 0 0 0 Thomas Brandt Jr Director 2.0 X 0 0 0 Thomas Mooney IV Director 2.0 X 0 0 0 Derryck Fletcher Chief Operating Officer 50.0 X 296169 0 120681 Jeffrey A Sprinkle Chief Philanthropy Officer 50.0 X 181852 0 37417 Keisha Sitney Chief Human Resources Officer 50.0 X 230219 0 49189 Matthew Freedman Chief Development Officer 50.0 X 235407 0 102139 Sara I Milstein Chief Marketing & Brand Experience Officer 50.0 X 237124 0 83736 Sherrie L Rovnan Chief Financial & Administrative Officer 50.0 X 311756 0 128928 Amy Taylor Vice President, Operations Head Start 50.0 X 174157 0 39502 Dana Ashley Sr.Vice President, Operations 50.0 X 196473 0 26318 David Schuetz Vice President, Capital Project Management 50.0 X 187724 0 27895 Jeff Mazerski Vice President, Technology 50.0 X 162869 0 15571 Jeremy A Trimble Sr. Vice President, Controller 50.0 X 192776 0 67240 3149047 0 1061227 41 false true false ABM Janitorial Services Lock Box 419860 Boston MA 022419860 Cleaning & Maintenance Services 1503615 Mechanical Engineering & Construction Corporation 6159 Edmondson Ave Suite A Catonsville MD 21228 HVAC and Professional Engineering Services 1255243 Business Food Solutions 1 Azar Court Baltimore MD 21227 Food Services 669375 General Maintenance Services LLC 10117 Daventry Drive Cockeysville MD 21030 Cleaning & Maintenance Services 421235 Good Harvest 2305 N Charles Street Suite 300 Baltimore MD 21218 Food Services 362542 33 0 0 549401 0 31354972 12876929 51865 44781302 Membership Revenue 35829840 35829840 Childcare Revenue -- School Age 6478933 6478933 Childcare Revenue -- Infant/Toddler/Preschool 4149990 4149990 Day Camp Revenue 3646882 3646882 Resident Camp Revenue 161791 161791 3675280 3675280 0 0 53942716 283317 283317 0 0 0 0 530628 549401 316845 213783 213783 0 0 0 0 0 99221118 53942716 0 497100 0 0 4049281 4049281 0 0 0 0 2235048 0 1999641 235407 0 0 0 0 44861514 39599832 4889627 372055 2009025 1371653 585726 51646 2832939 2525110 293221 14608 3999206 3535357 406569 57280 0 0 0 0 42619 0 42619 0 78590 37102 41488 0 0 0 0 0 0 0 0 0 0 0 2055463 1951283 104180 0 2174293 2064529 68051 41713 1351051 1102104 245631 3316 1477011 1226784 203164 47063 0 0 0 0 10564882 10157810 407072 0 747262 712517 27559 7186 0 0 0 0 693001 618789 73434 778 2233946 1962001 271945 0 524828 0 524828 0 5855719 5133018 722701 0 659243 625290 33953 0 Other Program supplies 4202480 4145745 56735 0 Miscellaneous 1189716 1072038 104693 12985 Merchant Services Processing fees 950382 948648 1734 0 Equipment & Maintenance 231541 227424 4117 0 148617 113853 31779 2985 95167657 83180168 11140467 847022 0 0 0 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RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 32000 0 32000 95135657 95167657 1000000 0 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 32000 32000 32000 32000 128000 250000 250000 250000 250000 1000000 1500000 32000 32000 32000 32000 128000 10752790 10752790 87247332 33093975 54153357 4766536 3308757 1457779 14756121 11615768 3140353 901742 0 901742 70406021 Right of use operating leases, net 25858040 Right of use financing leases, net 3937575 membership rights 100617 Interest Rate Swap Agreement 185527 Beneficial interest 1877826 31959585 Lease liabilities (Current Portion) 2307541 Equipment Capital Leases (Current Portion) 266954 Building Capital Leases (Current Portion) 501903 Activities and Special Funds 30992 Lease liabilities 25910738 Building Capital Leases 6336345 Acquisition Financing Liability 340771 Other, Long Term 781928 Equipment Capital Leases 664905 37142077 X 100700953 1375179 3885038 38768 5298985 95401968 3819150 3819150 99221118 95505300 3885038 185041 4070079 91435221 3732436 3732436 95167657 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote WHEN TAX RETURNS ARE FILED, IT IS HIGHLY CERTAIN THAT SOME POSITIONS TAKEN WOULD BE SUSTAINED UPON EXAMINATION BY THE TAXING AUTHORITIES, WHILE OTHERS ARE SUBJECT TO UNCERTAINTY ABOUT THE MERITS OF THE POSITION TAKEN OR THE AMOUNT OF THE POSITION THAT WOULD BE ULTIMATELY SUSTAINED. THE BENEFIT OF A TAX POSITION IS RECOGNIZED IN THE FINANCIAL STATEMENTS IN THE PERIOD DURING WHICH, BASED ON ALL AVAILABLE EVIDENCE, MANAGEMENT BELIEVES IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION, INCLUDING THE RESOLUTION OF APPEALS OR LITIGATION PROCESSES, IF ANY. TAX POSITIONS TAKEN ARE NOT OFFSET OR AGGREGATED WITH OTHER POSITIONS. TAX POSITIONS THAT MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD ARE MEASURED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS MORE THAN 50% LIKELY OF BEING REALIZED UPON SETTLEMENT WITH THE APPLICABLE TAXING AUTHORITY. THE PORTION OF THE BENEFITS ASSOCIATED WITH TAX POSITIONS TAKEN THAT EXCEEDS THE AMOUNT MEASURED AS DESCRIBED ABOVE WOULD BE REFLECTED AS A LIABILITY FOR UNRECOGNIZED TAX BENEFITS IN THE ACCOMPANYING CONSOLIDATED STATEMENTS OF FINANCIAL POSITION ALONG WITH ANY ASSOCIATED INTEREST AND PENALTIES THAT WOULD BE PAYABLE TO THE TAXING AUTHORITIES UPON EXAMINATION. INTEREST AND PENALTIES ASSOCIATED WITH ANY UNRECOGNIZED TAX BENEFITS WOULD BE CLASSIFIED AS ADDITIONAL INCOME TAXES IN THE CONSOLIDATED STATEMENTS OF ACTIVITIES. MANAGEMENT BELIEVES THAT THE ASSOCIATION HAS NO MATERIAL UNCERTAINTIES IN INCOME TAXES. THE ASSOCIATION FILES INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. THE ASSOCIATION IS NO LONGER SUBJECT TO U.S. FEDERAL, OR STATE AND LOCAL INCOME TAX EXAMINATION BY TAX AUTHORITIES FOR YEARS BEFORE 2020. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 REVENUE FROM AFFILIATE REPORTED ON CONSOLIDATED FINANCIAL STATEMENTS - 38768 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements ANNUAL GIVING SCHOLARSHIPS - 4049281 LOSS ON INTEREST RATE SWAP CONTRACT - 86714 DIRECT EXPENSES FOR FUND RAISING EVENTS - -316845 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 EXPENSES FROM AFFILIATE REPORTED ON CONSOLIDATED FINANCIAL STATEMENTS - 185041 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements ANNUAL GIVING SCHOLARSHIPS - 4049281 DIRECT EXPENSES FOR FUND RAISING EVENTS - -316845 Europe (Including Iceland and Greenland) Investments 434622 0 0 0 0 0 0 434622 0 434622 false false false false true false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements EUROPE (INCLUDING ICELAND AND GREENLAND Turkey Trot 1080029 549401 530628 0 0 0 0 0 316845 0 0 1080029 549401 530628 0 0 0 0 0 316845 316845 213783 true Y FAMILY CENTER FINANCIAL AID 28900 3756849 PRESCHOOL FINANCIAL AID 52 93943 BEFORE AND AFTER SCHOOL ENRICHMENT FINANCIAL AID 58 22490 CAMP FINANCIAL AID 216 175979 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. THE PROCEDURE FOR MONITORING THE USE OF GRANT FUNDS IN THE UNITED STATES INCLUDES A MONTHLY REVIEW OF ACTUAL COSTS TO BUDGETED COSTS IN COMPARISON TO ACTUAL REVENUES RECEIVED FOR THE GRANT PROGRAM, MONTHLY MANAGEMENT OF BUDGET REVISIONS AS NECESSARY; AND ONGOING CORRESPONDENCE WITH THE GRANTOR AND ADHERENCE TO COMPLIANCE TO RESTRICTIONS BY WAY OF CURRENT TRAINING AS WELL AS INTERNAL AUDITS. X true true X X X X X false true false false false false false false false John K Hoey President, Chief Executive Officer 447341 0 66670 0 228510 0 343968 0 18643 0 1105132 0 119637 0 Sherrie L Rovnan Chief Financial & Administrative Officer 283951 0 27805 0 0 0 127141 0 1787 0 440684 0 0 0 Derryck Fletcher Chief Operating Officer 275919 0 20250 0 0 0 119219 0 1462 0 416850 0 0 0 Sara I Milstein Chief Marketing & Brand Experience Officer 220550 0 16574 0 0 0 71281 0 12455 0 320860 0 0 0 Matthew Freedman Chief Development Officer 218522 0 16885 0 0 0 72618 0 29521 0 337546 0 0 0 Keisha Sitney Chief Human Resources Officer 214311 0 15908 0 0 0 19396 0 29793 0 279408 0 0 0 Jeffrey A Sprinkle Chief Philanthropy Officer 173035 0 8817 0 0 0 15123 0 22294 0 219269 0 0 0 Dana Ashley Sr.Vice President, Operations 187223 0 9250 0 0 0 15865 0 10453 0 222791 0 0 0 Jeremy A Trimble Sr. Vice President, Controller 183493 0 9283 0 0 0 48616 0 18624 0 260016 0 0 0 David Schuetz Vice President, Capital Project Management 178721 0 9003 0 0 0 15441 0 12454 0 215619 0 0 0 Amy Taylor Vice President, Operations Head Start 151657 0 22500 0 0 0 14438 0 25064 0 213659 0 0 0 Jeff Mazerski Vice President, Technology 155745 0 7124 0 0 0 13109 0 2462 0 178440 0 0 0 Schedule J, Part I, Line 1a Health or social club dues or initiation fees Each person listed receives a non-taxable, complimentary membership to the Y in Central Maryland. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan The CEO participates in a 457(f) nonqualified deferred compensation plan. During the 2023 tax year, $140,613 was set aside as a contribution to the CEO's 457(f) account. And also during the 2023 tax year, $228,510 vested and was paid. DURING THE 2023 TAX YEAR, THE FOLLOWING INDIVIDUALS LISTED ON FORM 990, PART VII PARTICIPATED IN A SUPPLEMENTAL NONQUALIFIED DEFERRED COMPENSATION PLAN (LTIP). THE AMOUNTS BELOW ARE INCLUDED IN OTHER REPORTABLE COMPENSATION. JOHN K. HOEY - $176,955 SHERRIE L. ROVNAN - $102,185 DERRYCK FLETCHER - $95,525 SARA I. MILSTEIN - $51,888 MATTHEW FREEDMAN - $52,861 JEREMY TRIMBLE - $32,695 THE ASSOCIATION HAS A LONG-TERM INCENTIVE PLAN (THE PLAN) TO PROMOTE THE LONG-TERM GROWTH OF THE ASSOCIATION. THE PLAN OFFERS INCENTIVES TO THE EXECUTIVE OFFICERS CONTRIBUTING TO THE ASSOCIATION'S SUCCESS. THE INCENTIVE LIABILITY, SUBJECT TO ADMINISTRATOR MODIFICATION AND APPROVAL, IS PRIMARILY BASED ON A FORMULA THAT ESTIMATES THE AVERAGE TOTAL COMPENSATION OF THE PARTICIPANTS MEETING PERFORMANCE MEASUREMENTS OVER A THREE-YEAR PERFORMANCE PERIOD, MULTIPLIED BY A PRE-DETERMINED PARTICIPATION LEVEL. EACH PERFORMANCE PERIOD BEGINS JANUARY 1 AND SPANS A TWO-YEAR PERIOD. PARTICIPANTS VEST IN EARNED INCENTIVES OVER A THREE YEAR PERIOD BEGINNING IMMEDIATELY AFTER THE LAST YEAR OF THE PERFORMANCE PERIOD. ELIGIBLE PARTICIPANTS OF PERFORMANCE PERIOD I MAY REDEEM 40% OF EARNED INCENTIVES AFTER THE FIRST TWO YEARS OF VESTING AND 20% AFTER THE THIRD YEAR OF VESTING. ELIGIBLE PARTICIPANTS OF PERFORMANCE PERIOD II MAY REDEEM 25% OF EARNED INCENTIVES AFTER THE FIRST YEAR OF VESTING AND 75% AFTER THE SECOND YEAR OF VESTING. A MARYLAND ECONOMIC DEVELOPMENT AUTHORITY - SERIES 2011 521376562 2011-12-29 18000000 RE-FINANCE/FINANCE CAPITAL IMPROVEMENTS false true false B Maryland Economic Development Authority - Series 2017 521376562 2017-12-27 32000000 RE-FINANCE/FINANCE CAPITAL IMPROVEMENTS false true false A 6794239 0 18000000 1411295 0 0 258971 0 0 183248 16146486 0 2013 false true true true B 7014566 32000000 0 0 0 406739 0 0 16664334 14928927 0 2019 false false false true A false false false false 0.0 0.0 0.0 false false false B false false false false 0.0 0.0 0.0 false false false A false false false false true false false false false true B false false false false true true Fulton Bank 9.9 true false false false true A true B true X 3 51865 Market value 0 false false false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - The organization is reporting the number of contributions received. Form 990, Part III, Line 4d Description of other program services (Expenses $ 0 including grants of $ 0)(Revenue $ 207,207) OTHER PROGRAM SERVICES Form 990, Part VI, Line 11b Review of form 990 by governing body PREPARATION OF THE FORM 990 IS COMPILED AND PREPARED BY THE CONTROLLER OF THE ASSOCIATION ALONG WITH ASSISTANCE FROM THE HUMAN RESOURCES DEPARTMENT AND THE PHILANTHROPY DEPARTMENT. INFORMATION COMPILED, PREPARED AND REVIEWED IS THEN DISTRIBUTED TO AN EXTERNAL TAX PREPARER WHO WILL REVIEW THE FORM 990. THE FORM 990 IS REVIEWED INDEPENDENTLY BY THE CHIEF FINANCIAL OFFICER AND THE CHIEF EXECUTIVE OFFICER AND COMBINED COMMENTS ARE PROVIDED TO THE CONTROLLER AND TAX PREPARER TO MAKE ADJUSTMENTS AS NECESSARY. THE ENTIRE BOARD OF DIRECTORS IS PROVIDED THE FORM 990 TO REVIEW ONCE ALL DRAFTS HAVE BEEN FINALIZED. Form 990, Part VI, Line 12c Conflict of interest policy THE CONFLICT OF INTEREST POLICY IS REQUIRED TO BE READ AND SIGNED / DATED BY EACH BOARD MEMBER AT INCEPTION OF THEIR SERVICE. THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY BY OFFICERS OF THE Y, AND UPON ANY NEW ADDITIONS TO THE BOARD, TO ENSURE IF THERE ARE BOARD MEMBERS WHO ARE EMPLOYEES OF ENTITIES CURRENTLY PROVIDING SERVICES TO THE Y; THAT THESE BOARD MEMBERS ABSTAIN FROM VOTING ON MATTERS THAT IMPACT THOSE ENTITIES. ANNUALLY, OFFICERS OF THE COMPANY AS WELL AS BOARD MEMBERS ENSURE PROPER ADEQUATE DISCLOSURES TO FORM 990 FOR ANY POTENTIAL CONFLICTS OF INTEREST. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE BOARD OF DIRECTORS HAS DESIGNATED THE EXECUTIVE COMPENSATION COMMITTEE AS THE BODY THAT IS RESPONSIBLE FOR REVIEWING AND APPROVING ALL COMPENSATION FOR THE CEO AND OTHER KEY EMPLOYEES. THE COMMITTEE RETAINS AN INDEPENDENT CONSULTANT TO ADVISE IT IN ITS WORK, FOLLOWS A BOARD-APPROVED OVERALL COMPENSATION PHILOSOPHY AND STRATEGY, AND UTILIZES VARIOUS COMPENSATION STUDIES AND FORM 990S TO DETERMINE MARKET-APPROPRIATE COMPENSATION CONSISTENT WITH THE INTERNAL REVENUE SERVICE'S INTERMEDIATE SANCTIONS REGULATIONS. Form 990, Part VI, Line 15b Process to establish compensation of other employees THE BOARD OF DIRECTORS HAS DESIGNATED THE EXECUTIVE COMPENSATION COMMITTEE AS THE BODY THAT IS RESPONSIBLE FOR REVIEWING AND APPROVING ALL COMPENSATION FOR THE CEO AND OTHER KEY EMPLOYEES. THE COMMITTEE RETAINS AN INDEPENDENT CONSULTANT TO ADVISE IT IN ITS WORK, FOLLOWS A BOARD-APPROVED OVERALL COMPENSATION PHILOSOPHY AND STRATEGY, AND UTILIZES VARIOUS COMPENSATION STUDIES AND FORM 990S TO DETERMINE MARKET-APPROPRIATE COMPENSATION CONSISTENT WITH THE INTERNAL REVENUE SERVICE'S INTERMEDIATE SANCTIONS REGULATIONS. Form 990, Part VI, Line 19 Required documents available to the public AUDITED FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN SECTION 6104(d). Form 990, Part VIII, Line 2f Other Program Service Revenue Other Program Revenue - Total Revenue: 3675280, Related or Exempt Function Revenue: 3675280, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Residence Revenue - Total Revenue: 0, Related or Exempt Function Revenue: 0, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Loss on interest rate swap contract - -86714; YMCA OF CENTRAL MARYLAND FAMILY RESIDENCE LLC 303 W CHESAPEAKE AVE BALTIMORE MD 21204 831265036 MULTI-FAMILY REAL ESTATE MD 152743 879109 YOUNG MEN'S CHRISTIAN ASSOCIATION OF CENTRAL MARYLAND INC YMCA RETIREMENT FUND 120 BROADWAY NEW YORK NY 102711999 135562401 SUPPORT YMCAs BY PROVIDING PENSION AND WELFARE SERVICES TO YMCA EMPLOYEES NY 501(c)(3) Type I NA false 1621 DRUID HILL AVENUE LIMITED PARTNERSHIP 303 W CHESAPEAKE AVE BALTIMORE MD 21204 522064400 MULTI-FAMILY RESIDENTIAL REAL ESTATE MD YOUNG MEN'S CHRISTIAN ASSOCIATION OF CENTRAL MARYLAND INC Related -101373 247476 false false 0.9999 YMCA FAMILY RESIDENCE INC 303 W CHESAPEAKE AVE BALTIMORE MD 21204 522066546 GENERAL PARTNER/MULTI-FAMILY RESIDENTIAL REAL ESTATE MD YOUNG MEN'S CHRISTIAN ASSOCIATION OF CENTRAL MARYLAND INC C Corporation 0 0 1 true false false false false false false false false false false false false false false false false false true false Schedule R, Part III 1621 Druid Hill Avenue Limited Partnership The Partnership listed in Part III is owned by the Y through its disregarded entity, YMCA of Central Maryland Family Residence LLC. The disregarded entity is the recipient of the Schedule k-1.