2024-03-01T14:47:35-06:00 2023-08-31 420794029 DENMAN CPA LLP 1601 22ND STREET SUITE 400 WEST DES MOINES IA 502661453 990 2022-09-01 420741010 MAHASKA COUNTY YMCA MAHA 6416738411 1521 GREEN STREET OSKALOOSA IA 52577 MIKE FOSTER PRESIDENT 6416738411 2024-03-01 1 MIKE FOSTER 999009999 0 JEFFEREY ROY P01951847 5152258400 0 AAL1 IAL1 2022 2023-04-26 12:10:37Z X MIKE FOSTER 2288 LYNN AVE OSKALOOSA IA 52577 1681358 0 X WWW.MAHASKAYMCA.ORG X 1903 IA TO PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD HEALTHY SPIRIT, MIND, AND BODY FOR ALL. 16 16 149 170 0 0 1594210 274042 1066932 1298267 8592 4215 66611 92803 2736345 1669327 4155005 0 0 0 1188841 1466871 0 0 11842 905685 777104 6249531 2243975 -3513186 -574648 6848411 14262095 92284 373781 6756127 13888314 X TO PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILDHEALTHY SPIRIT, MIND AND BODY FOR ALL. 0 0 1061095 593020 YOUTH DEVELOPMENT: EARLY LEARNING -OUR YMCA IS COMMITTED TO NURTURING THE POTENTIAL OF EVERY CHILD AND TEEN. WE BELIEVE ALL KIDS DESERVE THE OPPORTUNITY TO DISCOVER WHO THEY ARE AND WHAT THEY CAN ACHIEVE. THAT'S WHY WE HELP YOUNG PEOPLE CULTIVATE THE VALUES, SKILLS, AND RELATIONSHIPS THAT LEAD TO POSITIVE BEHAVIORS, BETTER HEALTH, AND EDUCATIONAL ACHIEVEMENT. OUR YMCA PROGRAMS, SUCH AS CHILD CARE, SUMMER CAMP, SWIMMING LESSONS, SWIM TEAM, AND YOUTH SPORTS, OFFER A WIDE RANGE OF EXPERIENCES THAT ENRICH COGNITIVE, SOCIAL, PHYSICAL, AND EMOTIONAL GROWTH. LAST YEAR OVER 302 YOUTH UTILIZED OUR CHILD CARE PROGRAMS. SCHOLARSHIPS MAKE PARTICIPATION POSSIBLE FOR ALL YOUTH IN OUR COMMUNITY. 490443 448277 HEALTHY LIVING: THE Y IS A LEADING VOICE ON HEALTH AND WELL-BEING. WE BRING FAMILIES CLOSER TOGETHER, ENCOURAGE GOOD HEALTH, AND FOSTER CONNECTIONS THROUGH FITNESS, SPORTS, FUN AND SHARED INTERESTS. AS A RESULT, MANY PEOPLE IN OUR COMMUNITY ARE RECEIVING THE SUPPORT, GUIDANCE, AND RESOURCES THEY NEED TO ACHIEVE GREATER HEALTH IN SPIRIT, MIND, AND BODY. THIS IS PARTICULARLY IMPORTANT AS OUR NATION STRUGGLES WITH AN OBESITY CRISIS, FAMILIES STRUGGLE WITH WORK/LIFE BALANCE, AND INDIVIDUALS SEARCH FOR PERSONAL FULFILLMENT. OUR Y PROGRAMS, SUCH AS FITNESS CLASSES, SPORTS, AND WELLNESS EDUCATIONAL PROGRAMS OFFER COMMUNITY MEMBERS OPPORTUNITIES TO ENRICH THEIR LIVES WITH HEALTHY HABITS. WE ALSO OFFER AN INDOOR SWIMMING POOL, YOUTH AND ADULT FITNESS ROOMS, LOCKER ROOMS, AND RACQUETBALL COURTS. OUR PROGRAMS ARE ACCESSIBLE AFFORDABLE, AND OPEN TO ALL FAITHS, BACKGROUNDS, ABILITIES, AND INCOME LEVELS. THE Y HAS OVER 2,247 MEMBERS AND OVER 3% OF OUR MEMBERS RECEIVE SCHOLARSHIPS, THIS GROUP INCLUDES THE 56 MEMBERS WITH DISABILITIES, AND THE 34 MIDDLE SCHOOL STUDENTS WHO RECEIVE A FREE MEMBERSHIP COURTESY OF GRANT SUPPORT FROM UNITED WAY OF MAHASKA COUNTY. OUR SNACK PROGRAM OFFERS AND PACKAGED SNACKS TO ANY CHILD IN ORDER TO ADDRESS THE FOOD INSECURITY ISSUE IN OUR COUNTY. THE SNACKS ARE FREE TO THE COMMUNITY AND WE ESTIMATE OVER 1,000 CHILDREN ARE IMPACTED. NEARLY 32% OF OUR MEMBERS ARE UNDER 18. 83707 103492 YOUTH DEVELOPMENT: SUMMER CAMP- OUR YMCA IS COMMITTED TO NURTURING THE POTENTIAL OF EVERY CHILD AND TEEN. WE BELIEVE ALL KIDS HAVE GREAT POTENTIAL AND DESERVE THE OPPORTUNITY TO DISCOVER WHO THEY ARE AND WHAT THEY CAN ACHIEVE. THAT'S WHY WE HELP YOUNG PEOPLE CULTIVATE THE VALUES, SKILLS AND RELATIONSHIPS THAT LEAD TO POSITIVE BEHAVIORS, BETTER HEALTH AND EDUCATIONAL ACHIEVEMENT. OUR SUMMER DAY CAMP YMCA PROGRAM, OFFERS A RANGE OF EXPERIENCES THAT ENRICH SOCIAL-EMOTIONAL, COGNITIVE AND PHYSICAL GROWTH. EXPENSES INCLUDE SUBSIDIES AND DIRECT FINANCIAL ASSISTANCE THAT MAKE PARTICIPATION POSSIBLE FOR 55% OF THE YOUNG PEOPLE WE ENGAGE. THERE WERE 93 TOTAL CHILDREN IN SUMMER CAMP. 90815 153475 YOUTH DEVELOPMENT: BEFORE AND AFTER SCHOOL -OUR YMCA IS COMMITTED TO NURTURING THE POTENTIAL OF EVERY CHILD AND TEEN. WE BELIEVE ALL KIDS HAVE GREAT POTENTIAL AND DESERVE THE OPPORTUNITY TO DISCOVER WHO THEY ARE AND WHAT THEY CAN ACHIEVE. THAT'S WHY WE HELP YOUNG PEOPLE CULTIVATE THE VALUES, SKILLS AND RELATIONSHIPS THAT LEAD TO POSITIVE BEHAVIORS, BETTER HEALTH AND EDUCATIONAL ACHIEVEMENT. OUR BEFORE AND AFTER SCHOOL YMCA PROGRAM OFFERS A RANGE OF EXPERIENCES THAT ENRICH SOCIAL-EMOTIONAL, COGNITIVE AND PHYSICAL GROWTH. EXPENSES INCLUDE SUBSIDIES AND DIRECT FINANCIAL ASSISTANCE THAT MAKE PARTICIPATION POSSIBLE FOR 55% OF THE YOUNG PEOPLE WE ENGAGE. THERE WERE 80 CHILDREN PARTICIPATING IN THIS PROGRAM. 90815 153475 1726060 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 2 0 1 149 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X CHRIS SCHIPPERS 6416738411 1521 GREEN STREET OSKALOOSA IA 52577 DAVID PHELPS CEO 40.00 X 40227 0 2760 MATT LARSON PAST CEO 40.00 X 54756 0 4279 MIKE FOSTER PRESIDENT 20.00 X X 0 0 0 JOE RYAN PAST PRESIDENT 15.00 X X 0 0 0 NICOLE STEDDOM VICE-PRESIDENT 4.00 X X 0 0 0 JESSI BLOMMERS TREASURER 4.00 X X 0 0 0 JAMES FEUDNER TREASURER THROUGH 12/2022 3.00 X X 0 0 0 DEB BRUXVOORT SECRETARY 4.00 X X 0 0 0 MADONNA BOWIE SECRETARY THROUGH 12/2022 3.00 X X 0 0 0 LINDA CROOKHAM-HANSEN DIRECTOR 3.00 X 0 0 0 BILLY BLAKE DIRECTOR 3.00 X 0 0 0 JON GEHRKE DIRECTOR 1.00 X 0 0 0 MOLLY BRUNS DIRECTOR 3.00 X 0 0 0 MARK SCHOLES DIRECTOR 1.00 X 0 0 0 BAILEY RIMES DIRECTOR 3.00 X 0 0 0 DANYEL WILLHOER DIRECTOR 1.00 X 0 0 0 ED SULLIVAN DIRECTOR 3.00 X 0 0 0 ANTHONY MCCLENDON DIRECTOR 3.00 X 0 0 0 MELANIE HIRL DIRECTOR 3.00 X 0 0 0 JIHNA JENKINS DIRECTOR 3.00 X 0 0 0 BARRY MARTIN CEO BEGINNING 6/2023 40.00 X 0 0 0 94983 0 7039 0 0 0 0 0 38663 60639 174740 274042 EARLY LEARNING SERVICE 624410 593020 593020 MEMBERSHIP DUES 611600 390358 390358 AFTER SCHOOL PROGRAM 713940 153478 153478 SUMMER CAMP 624410 103492 103492 WELLNESS SERVICES 624410 57919 57919 1298267 4215 4215 13933 1214 12719 12719 15769 10817 4952 4952 REIMBURSEMENTS 713940 75132 75132 75132 1669327 1378351 0 16934 116870 111027 5843 1167750 1024444 141928 1378 30695 23764 6658 273 45306 30082 14556 668 106250 85276 20399 575 64857 64857 7350 7000 350 1659 1359 300 37979 4035 33944 24538 24538 168631 140509 28122 5372 4638 734 762 762 87713 87713 72066 63649 8242 175 SUPPLIES 192705 181774 10931 NATIONAL YMCA DUES 28422 25792 2630 REPAIRS AND MAINTENANCE 27469 27469 BANK AND CREDIT CARD FE 20222 20222 37359 19915 17444 2243975 1726060 506073 11842 519925 234805 878126 533384 3309193 2901414 21993 29859 43846 39580 3331401 2184669 814569 1146732 1260759 9376321 6848411 14262095 77785 114048 14499 22242 224500 0 12991 92284 373781 X 1304381 9342338 5451746 4545976 6756127 13888314 6848411 14262095 -574648 102924 7603911 0 X X 0 1 X 1 0 X 199940 177459 480768 1594210 274042 2726419 199940 177459 480768 1594210 274042 2726419 161392 2565027 54066 55822 74160 8592 4215 196855 35203 45638 147301 76277 304419 3227693 6374890 0.79470 0.70810 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 93180 93180 1668661 1609982 58679 1569560 574687 994873 1146732 RIGHT OF USE ASSET 8081045 BENEFICIAL INTEREST IN LACY TRUST 1295276 9376321 LEASE LIABILITY, CURRENT 5793 LEASE LIABILITY, NONCURRENT 7198 12991 X 1780656 102924 8405 111329 1669327 0 1669327 2252380 8405 8405 2243975 0 2243975 PART X, LINE 2: ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY (OR ASSET) FOR AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE. MANAGEMENT HAS EVALUATED THEIR MATERIAL TAX POSITIONS AND DETERMINED THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAX AUTHORITIES, HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. MANAGEMENT BELIEVES THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR TAX YEARS PRIOR TO 2019. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION SELLS MEMBERSHIPS TO ITS MEMBERSHIP ANNUALLY FOR USAGE OF THE FACILITY. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE COMPLETED FORM 990 IS SENT TO EACH BOARD MEMBER FOR REVIEW AND APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C POLICY REVIEWED AND INTERESTS DISCLOSED ANNUALLY AT THE JANUARY BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION FOR THE CEO IS DETERMINED BY A COMPENSATION STUDY AND THEN APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, LINE 15B - COMPENSATION PROCESS FOR OFFICERS - THE COMPENSATION FOR OTHER KEY EMPLOYEES ARE APPROVED BY THE FINANCE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE DISCLOSURE OF THE GOVERNING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. PART IV LINE 11F THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE AND, ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOUNTS. PART XI LINE 8 EFFECTIVE SEPTEMBER 1, 2021, THE ORGANIZATION ADOPTED FASB ASC 842, LEASES. THE NEW STANDARD ESTABLISHES A RIGHT OF USE (ROU) MODEL THAT REQUIRES A LESSEE TO RECORD A ROU ASSET AND A LEASE LIABILITY ON THE STATEMENTS OF FINANCIAL POSITION FOR ALL LEASES WITH TERMS LONGER THAN 12 MONTHS. LEASES ARE CLASSIFIED AS EITHER FINANCE OR OPERATING, WITH CLASSIFICATION AFFECTING THE PATTERN OF EXPENSE RECOGNITION IN THE INCOME STATEMENT. LEASES WITH A TERM OF LESS THAN 12 MONTHS WILL NOT RECORD A RIGHT OF USE ASSET AND LEASE LIABILITY AND THE PAYMENTS WILL BE RECOGNIZED INTO PROFIT OR LOSS ON A STRAIGHT-LINE BASIS OVER THE LEASE TERM. THE ORGANIZATION ELECTED TO ADOPT FASB ASC 842, LEASES, USING THE OPTIONAL TRANSITION METHOD THAT ALLOWS THE ORGANIZATION TO INITIALLY APPLY THE NEW LEASES STANDARD AT THE ADOPTION DATE AND RECOGNIZE A PRIOR PERIOD ADJUSTMENT TO THE OPENING BALANCE OF NET ASSETS IN THE PERIOD OF ADOPTION. THE ORGANIZATION ELECTED TO ADOPT THE PACKAGE OF PRACTICAL EXPEDIENTS AVAILABLE UNDER THE TRANSITION GUIDANCE WITH THE NEW STANDARD. THE PACKAGE INCLUDES THE FOLLOWING: RELIEF FROM THE DETERMINATION OF LEASE CONTRACTS INCLUDED IN EXISTING OR EXPIRING LEASES AT THE POINT OF ADOPTION, RELIEF FROM HAVING TO REEVALUATE THE CLASSIFICATION OF LEASES IN EFFECT AT THE POINT OF ADOPTION, AND RELIEF FROM REEVALUATION OF EXISTING LEASES THAT HAVE DIRECT COSTS ASSOCIATED WITH THE EXECUTION OF THE LEASE CONTRACT. THE ORGANIZATION ALSO ELECTED TO ADOPT THE PRACTICAL EXPEDIENT TO USE HINDSIGHT TO DETERMINE THE LEASE TERM AND ASSESS THE IMPAIRMENT OF THE RIGHT OF USE ASSETS. UNRESTRICTED NEW ASSETS AS OF SEPTEMBER 1, 2022 WAS INCREASED BY $7,603,911 AS A RESULT OF THE ADOPTION OF THE NEW STANDARD.