2024-11-14T11:28:48-06:00 2023-12-31 221478099 COHNREZNICK LLP 350 CHURCH STREET 12TH FLOOR HARTFORD CT 06103 990 2023-01-01 813028694 WESTPORT WESTON FAMILY YMCA FOUNDATION INC WEST 2032268981 14 ALLEN RAYMOND LANE WESTPORT CT 06880 JOHN MCKINNEY CHAIRMAN OF THE BOARD OF TRUSTEES 2032268981 2024-11-07 1 1 JOLANTA TUCK CPA P01340068 9592007000 2024-11-06 2023 2024-10-15 13:58:12Z JOHN MCKINNEY 14 ALLEN RAYMOND LANE WESTPORT CT 06880 7834116 0 X N/A X 2016 CT FOUNDATION WAS ORGANIZED AS A 501C3 CORPORATION WITH THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF WESTPORT/WESTON, CT INC. (THE ASSOCIATION) AS ITS SOLE MEMBER. THE FOUNDATION'S PURPOSE IS TO OBTAIN AND ADMINISTER FUNDS TO BE USED IN FURTHERANCE OF THE ASSOCIATION'S PURPOSE. 14 14 0 14 0 0 0 0 0 0 663949 917751 0 0 663949 917751 1449996 1464996 0 0 0 0 0 0 0 240504 217245 1690500 1682241 -1026551 -764490 45441034 50870980 251419 164577 45189615 50706403 X THE WESTPORT/WESTON FAMILY YMCA FOUNDATION, INC. (THE FOUNDATION) WAS ORGANIZED AS A 501(C)(3) CORPORATION IN 2016 WITH THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF WESTPORT/WESTON, CONNECTICUT, INC. (THE ASSOCIATION) AS ITS SOLE MEMBER. THE FOUNDATION'S PURPOSE IS TO: A.) SUPPORT, BENEFIT AND ASSIST THE OPERATIONS, PROGRAMS, ENDEAVORS AND INITIATIVES OF THE ASSOCIATION. B.) RECEIVE FROM ANY PERSON, FIRM, FOUNDATION, CORPORATION, OR GOVERNMENTAL AGENCY, PROPERTY WHICH WILL CONSTITUTE THE FUNDS OF THE ASSOCIATION OR WHICH BY GIFT, BEQUEST OR OTHERWISE IS DEDICATED TO THE ASSOCIATION. C.) TO OWN, HOLD, MANAGE, INVEST, AND REINVEST SUCH PROPERTY RECEIVED BY THE FOUNDATION AND TO USE AND APPLY THE NET INCOME AND PRINCIPAL OF ALL SUCH PROPERTY IN SUCH A MANNER AND AT SUCH TIMES AS DEEMED BEST FOR THE USE OR BENEFIT OF THE ASSOCIATION. 0 0 1464996 1464996 DISTRIBUTION OF FUNDS TO THE WESTPORT WESTON FAMILY YMCA 1464996 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 0 0 0 0 0 CT X GLEN HALE 2032268981 14 ALLEN RAYMOND LANE WESTPORT CT 06880 BONNIE STRITTMATTER TRUSTEE 2.00 X 0 0 0 DAN MCHUGH TRUSTEE 2.00 X 0 0 0 DANA MCCREESH TRUSTEE 2.00 X 0 0 0 DOUG FINCHER OUTGOING TRUSTEE 2.00 X 0 0 0 IAIN BRUCE TRUSTEE 2.00 X 0 0 0 JAMES WESTPHAL VICE CHAIR 5.00 X X 0 0 0 JOHN MCKINNEY CHAIRMAN 5.00 X X 0 0 0 JONATHAN MANELA OUTGOING TRUSTEE 2.00 10.00 X 0 0 0 JULAINE SUNDERLAND TRUSTEE 2.00 10.00 X 0 0 0 KATHRYN GUSSEN TRUSTEE 2.00 10.00 X 0 0 0 MICHAEL TAETS TRUSTEE 2.00 X 0 0 0 PAUL KEBLISH TRUSTEE 2.00 X 0 0 0 PETE WOLGAST SECRETARY 5.00 X X 0 0 0 PETER NUSSBAUM TRUSTEE 2.00 X 0 0 0 PHILLIP SCHEMEL TREASURER 5.00 X X 0 0 0 ROB HAROUN OUTGOING TRUSTEE 2.00 X 0 0 0 ROBERT BOWMAN OUTGOING TRUSTEE 2.00 X 0 0 0 ROSEMARY HALSTEAD TRUSTEE/SECRETARY 2.00 X X 0 0 0 SAM GAULT OUTGOING TRUSTEE 2.00 X 0 0 0 ANJALI MCCORMICK CHIEF EXECUTIVE OFFICER 50.00 1.00 X 0 283213 41248 GLEN HALE CHIEF FINANCIAL OFFICER 50.00 1.00 X 0 152643 33310 0 435856 74558 0 0 1 0 0 948474 948474 6885642 6916365 -30723 -30723 -30723 917751 0 0 917751 1464996 1464996 981 981 216264 216264 1682241 1464996 217245 0 9053 9054 248704 271171 35954727 42451451 9046275 8038793 182275 100511 45441034 50870980 251419 164577 251419 164577 X 45189615 50706403 45189615 50706403 45441034 50870980 -764490 6281278 0 X 0 1 X 1 0 X X 1 YOUNG MEN'S CHRISTIAN ASSOCIATION OF WESTPORTWESTON CONNECTICUT INC DBA W 060646989 7 1 1464996 0 1 1464996 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 35914285 7192975 1464996 216265 41425999 46561452 -8969171 1449996 228000 35914285 42412228 5850827 1440000 261603 46561452 40976344 6172515 4529990 206641 42412228 36872344 5824805 1519996 200809 40976344 1.00000 0 0 0 ALTERNATIVE INVESTMENTS 8038793 F 8038793 DUE TO RELATED PARTY 164577 164577 X 6982765 6281278 6281278 701487 216264 216264 917751 1465977 0 1465977 216264 216264 1682241 PART X, LINE 2: AS OF DECEMBER 31, 2023, THE FOUNDATION HAD NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AND DOES NOT EXPECT THIS TO CHANGE IN THE NEXT 12 MONTHS. THE FOUNDATION'S FEDERAL INFORMATION RETURNS PRIOR TO 2020 ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. IF THE FOUNDATION HAD UNRELATED BUSINESS INCOME TAXES, IT WOULD RECOGNIZE INTEREST AND PENALTIES ASSOCIATED WITH ANY TAX MATTERS AS PART OF THE INCOME TAX PROVISION AND INCLUDE ACCRUED INTEREST AND PENALTIES WITH THE RELATED TAX LIABILITY IN THE STATEMENT OF FINANCIAL POSITION. SCHEDULE D, PART V, LINE 4 - INTENDED USES OF ENDOWMENT FUNDS PROVIDE SUPPORT FOR THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF WESTPORT/WESTON CONNECTICUT INC. DBA WESTPORT WESTON FAMILY YMCA CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS N/A 6095156 0 0 0 0 0 0 6095156 0 6095156 0 0 0 0 1 0 SCHEDULE F, PART I, LINE 3 - METHOD USED TO ACCOUNT FOR EXPENDITURES ON ORG CENTRAL AMERICA AND THE CARIBBEAN - ACCRUAL 1 YOUNG MEN'S CHRISTIAN ASSOCIATION OF WESTPORT WESTON CT INC 14 ALLEN RAYMOND LANE WESTPORT CT 06880 060646989 501C3 1464996 0 FMV OPERATING SUPPORT 1 PART I, LINE 2: BYLAWS OF THE FOUNDATION REQUIRES THE DISTRIBUTION BE MADE TO YOUNG MEN'S CHRISTIAN ASSOCIATION OF WESTPORT/WESTON CONNECTICUT INC 0 0 0 0 0 0 0 0 0 ANJALI MCCORMICK CHIEF EXECUTIVE OFFICER 0 262613 0 20600 0 0 0 28750 0 12498 0 324461 0 0 GLEN HALE CHIEF FINANCIAL OFFICER 0 152643 0 0 0 0 0 0 0 33310 0 185953 0 0 FORM 990, PART VI, SECTION A, LINE 3 YOUNG MEN'S CHRISTIAN ASSOCIATION OF WESTPORT/WESTON CONNECTICUT, INC. FORM 990, PART VI, SECTION A, LINE 6 YOUNG MEN'S CHRISTIAN ASSOCIATION OF WESTPORT/WESTON, CONNECTICUT INC. IS THE SOLE MEMBER OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7A YOUNG MEN'S CHRISTIAN ASSOCIATION OF WESTPORT/WESTON, CONNECTICUT INC. IS THE SOLE MEMBER OF THE CORPORATION. FORM 990, PART VI, SECTION A, LINE 7B YOUNG MEN'S CHRISTIAN ASSOCIATION OF WESTPORT/WESTON, CONNECTICUT INC. IS THE SOLE MEMBER OF THE CORPORATION. THE MEMBER HAS ALL RIGHTS AND POWERS ESTABLISHED BY THE CONNECTICUT REVISED NONSTOCK CORPORATION ACT. FORM 990, PART VI, SECTION B, LINE 11B THE 990 WAS DISTRIBUTED TO ALL BOARD MEMBERS FOR COMMENTS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY IS DISTRIBUTED ANNUALLY AND ALL OFFICERS AND TRUSTEES MUST SIGN THE CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION C, LINE 19 UPON REQUEST YOUNG MEN'S CHRISTIAN ASSOCIATION OF WESTPORTWESTON CONNECTICUT INC 14 ALLEN RAYMOND LANE WESTPORT CT 06880 060646989 YMCA CT 501(C)(3) LINE 7 N/A 0 0 1 0 1 1 0 0 0 0 0 0 0 1 1 1 1 0 0 0 YMCA WESTPORTWESTON B 1464996 FMV YMCA WESTPORTWESTON E 164577 FMV YMCA WESTPORTWESTON D 100511 FMV