2024-06-19T12:05:06+00:00 2023-08-30 990 2022-08-31 141340008 FAMILY YMCA OF THE GLENS FALLS AREA INC FAMI 5187933878 600 GLEN STREET GLENS FALLS NY 12801 John Pecora CFO 5185839622 2024-06-19 John Pecora Pecora 999009999 2022 2023-04-26 12:10:37Z X John Pecora 600 GLEN STREET GLENS FALLS NY 12801 3963340 false X www.glensfallsymca.org X 1887 NY TO PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD HEALTHY SPIRIT, MIND, AND BODY FOR ALL. 14 14 172 50 0 0 486498 654916 1872185 2588646 53068 137805 39803 92958 2451554 3474325 0 0 1222939 1667224 0 170050 1096873 1364543 2319812 3031767 131742 442558 6096485 6201060 1708780 1235575 4387705 4965485 TO PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD HEALTHY SPIRIT, MIND, AND BODY FOR ALL. false false 1601101 682955 THE Y IS RECOGNIZED NATIONALLY AS A LEADING COMMUNITY SERVICE ORGANIZATION, EMPHASIZING ON PROVIDING PROGRAMS AND SERVICES THAT BUILD HEALTHY SPIRIT, MIND AND BODY FOR ALL. WE BRING FAMILIES CLOSER TOGETHER, ENCOURAGE GOOD HEALTH, AND FOSTER CONNECTIONS THROUGH FITNESS, SPORTS, FUN, AND SHARED INTERESTS. AS A RESULT OVER 7,000 PEOPLE IN OUR COMMUNITY ARE RECEIVING THE SUPPORT, GUIDANCE, FINANCIAL SUPPORT 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 PROGRAMS ARE ACCESSIBLE, AFFORDABLE, AND OPEN TO ALL FAITHS, BACKGROUNDS, ABILITIES, AND INCOME LEVELS. WE PROVIDED SCHOLARSHIP ASSISTANCE TO PEOPLE WHO OTHERWISE WOULD HAVE FACED ECONOMIC BARRIERS TO PARTICIPATION. OUR PARTNERSHIPS WITH SECONDARY MEDICARE INSURANCE CARRIERS AND THE GREATER GLENS FALLS SENIOR CITIZENS CENTER PROVIDE SENIORS THE OPPORTUNITY TO LIVE HEALTHIER, ACTIVE LIFESTYLES, AS WELL AS PROVIDES A SOCIAL OUTLET FOR THESE INDIVIDUALS. THROUGH A COLLABORATION WITH GLENS FALLS HOSPITAL AND THE CR WOOD CANCER CENTER, OUR FOREVER STRONG PROGRAM GIVES CANCER SURVIVORS AND THEIR FAMILIES REGAIN THEIR STRENGTH AND QUALITY OF LIFE AFTER TREATMENT. 1033175 1334449 OUR YMCA IS COMMITTED TO NURTURING THE POTENTIAL OF EVERY CHILD AND TEEN. WE BELIEVE THAT 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 CAMP CHEPONTUC, SWIM TEAMS, GYMNASTICS TEAMS, LEADERS' CLUB, AND YOUTH & GOVERNMENT, OFFER A RANGE OF EXPERIENCES THAT ENRICH COGNITIVE, SOCIAL, PHYSICAL, AND EMOTIONAL GROWTH. WE OFFER DIRECT FINANCIAL ASSISTANCE THAT MAKES PARTICIPATION POSSIBLE FOR THE YOUNG PEOPLE WE ENGAGE. OUR SCHOLARSHIP ASSISTANCE PROGRAM HELPED YOUTH PARTICIPATE IN ONGOING YOUTH PROGRAMS, AND CHILDREN HAVE AN ENRICHING SUMMER CAMP EXPERIENCE. OUR YOUTH & GOVERNMENT PROGRAM IS A COLLABORATION WITH THE QUEENSBURY UNIFIED SCHOOL DISTRICT AND PROVIDES TEENS WITH AWARENESS OF POLITICAL ISSUES AND PROCEDURES AS WELL AS DEVELOPING LEADERSHIP AND COMMUNICATION SKILLS. THIS CLUB MEETS REGULARLY TO RESEARCH AND DEVELOP THEIR OWN BILLS OR COURT CASES IN PREPARATION FOR A STATE CONFERENCE IN ALBANY, NY. THROUGH A COLLABORATION WITH GLENS FALLS CITY SCHOOL DISTRICT WE IMPLEMENTED A NO MORE LEARNING GAP PROGRAM WHICH FOCUSED ON THE READING COMPREHENSION LOSS THAT TAKES PLACE EACH SUMMER THROUGHOUT THE COUNTRY AND OUR DISTRICT. SOME STUDENTS MAINTAINED THEIR READING LEVEL AND MORE THAN HALF INCREASED THEIR READING LEVEL BY ONE BOOK LEVEL OR MORE. 115986 571242 OUR YMCA BELIEVES IN GIVING BACK AND SUPPORTING OUR NEIGHBORS. WE HAVE BEEN LISTENING AND RESPONDING TO OUR COMMUNITY'S MOST CRITICAL SOCIAL NEEDS FOR OVER 130 YEARS. Y PROGRAMS, SUCH AS PARENTING, MILITARY FAMILY MEMBERSHIPS, SPLASH WEEK, AND THE VILLAGE GREEN PROGRAMS, ARE EXAMPLES OF HOW WE DELIVER TRAINING, RESOURCES, AND SUPPORT THAT EMPOWER OUR NEIGHBORS TO EFFECT CHANGE, BRIDGE GAPS, AND OVERCOME OBSTACLES. WE ENGAGED YMCA MEMBERS, PARTICIPANTS, AND VOLUNTEERS IN ACTIVITIES THAT STRENGTHEN OUR COMMUNITY AND PAVE THE WAY FOR FUTURE GENERATIONS TO THRIVE. 2750262 true true false false false false false false true true false false false true true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 3 0 true 172 false false false false false true true false false false false false false false false X 14 14 false false false false false false false true true false false true true true true true true true true false NY X X Kelly Edwards 5187933878 600 GLEN STREET GLENS FALLS NY 12801 X Amy Potter At Large 2.0 X X 0 0 0 Brian Corcoran President 2.0 X X 0 0 0 Michael Brodt Treasurer 2.0 X X 0 0 0 Paul Wersten Secretary 2.0 X X 0 0 0 Andrew Parsons Director 2.0 X 0 0 0 Brandon Himoff Director 2.0 X 0 0 0 John Holland Director 2.0 X 0 0 0 Kara Lais Director 2.0 X 0 0 0 Mary Hand Director 2.0 X 0 0 0 Paul Bricoccoli Director 2.0 X 0 0 0 Rebecca Wood Director 2.0 X 0 0 0 Rich Weihing Director 2.0 X 0 0 0 Stefanie Bitter Director 2.0 X 0 0 0 0 0 0 0 false false false 0 204 0 19071 0 506509 129132 654916 Membership Revenue 1715186 1715186 Childcare Revenue -- School Age 228046 228046 Day Camp Revenue 200882 200882 Resident Camp Revenue 0 0 Childcare Revenue -- Infant/Toddler/Preschool 0 0 444532 444532 0 0 2588646 84862 0 0 84862 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 503257 7285 457599 0 45658 7285 52943 0 0 52943 108063 19070 25682 82381 0 82381 0 0 0 0 0 0 11468 5734 5734 0 0 5734 Miscellaneous 624100 4843 0 0 4843 0 0 0 0 4843 3474325 2588646 0 230763 0 0 1442364 1081773 216355 144236 54211 40658 8132 5421 59692 44769 8954 5969 110957 83218 16643 11096 5246 5093 153 0 11335 0 11335 0 232619 185199 47420 0 7918 7918 0 0 41546 8660 32886 0 300143 263498 36645 0 11011 11011 0 0 11319 11319 0 0 50778 45700 5078 0 52934 52934 0 0 338874 304987 33887 0 102347 92112 10235 0 BANK FEES 60114 0 60114 0 DUES 7483 7483 0 0 PROGRAM SUPPLIES 76739 76739 0 0 OFFICE SUPPLIES 31743 25394 3175 3174 22394 1228 21012 154 3031767 2349693 512024 170050 585560 707797 173 0 173 315 8423 3839 0 0 0 0 0 0 663 0 7596884 4361897 3426744 3234987 2074749 2254122 0 0 0 0 6096485 6201060 132603 92348 0 0 144823 154079 0 0 0 0 0 0 1377957 976093 0 0 53397 13055 1708780 1235575 4154174 4826486 233531 138999 4387705 4965485 6096485 6201060 442558 135222 0 0 0 0 X false true X true false X 468020 427131 400836 486498 186757 1969242 3668249 2773381 1233849 1872185 4850571 14398235 0 0 0 4136269 3200512 1634685 2358683 5037328 16367477 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 16367477 91257 87225 35609 37325 84862 336278 0 91257 87225 35609 37325 84862 336278 0 0 0 5665 4800 10577 21042 4227526 3287737 1675959 2400808 5132767 16724797 0.9786 0.9770 0.02 0.02 X Schedule A, Part III, Line 1 Part III, Section A, Line 1 - Unusual Grants The organization recognized $469,209 in Employee Retention Credit revenue during the year ending August 31, 2023. This amount is considered unusual to the organization and therefore has not been included in Part III, Section A. Line 1 of Schedule A. Schedule A, Part III, Line 12 Other Income DESCRIPTION - MISCELLANEOUS, COLUMN A - , COLUMN B - , COLUMN C - 5665.0, COLUMN D - 4800.0, COLUMN E - 4843.0, COLUMN F - 15308.0; DESCRIPTION - INVENTORY SALES, COLUMN A - 0.0, COLUMN B - 0.0, COLUMN C - 0.0, COLUMN D - 0.0, COLUMN E - 5734.0, COLUMN F - 5734.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1748870 98487 136987 11336 1699034 2475808 -711938 3000 12000 1748870 2094338 474521 81364 11687 2475808 1786158 321645 3000 10465 2094338 1979325 18211 201537 9841 1786158 0.941 0.059 0.0 false false 123765 0 123765 6681193 0 3829702 2851491 81806 0 43753 38053 710120 0 488442 221678 3234987 CAPITAL LEASES PAYABLE CURRENT PORTION 13055 CAPITAL LEASES PAYABLE - LONG TERM 0 13055 X 3609548 135223 0 135223 3474325 0 0 3474325 3031767 0 0 3031767 0 0 3031767 Schedule D, Part V, Line 4 INTENDED USES OF ENDOWMENT FUNDS TO FUND SCHOLARSHIPS AND FUTURE ASSOCIATION STRATEGIC INITIATIVES. Schedule D, Part V, Line 4 Intended uses of endowment funds PERMANENT ENDOWMENT FUNDS GENERATE INCOME THAT CAN BE USED FOR SCHOLARSHIPS. QUASI ENDOWMENT FUNDS ARE BOARD DESIGNATED RESREVES THAT CAN BE USED FOR DEBT RETIREMENT OR OPERATIONAL EMERGENCIES Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE YMCA HAS ADOPTED THE RECOGNITION REQUIREMENTS FOR UNCERTAIN INCOME TAX POSITIONS AS REQUIRED BY GAAP. THE YMCA BELIEVES THAT INCOME TAX FILING POSITIONS WILL BE SUSTAINED UPON EXAMINATION AND DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE YMCA'S FINANCIAL CONDITION. ACCORDINGLY, THE YMCA HAS NOT RECORDED ANY LIABILITIES, OR RELATED ACCRUALS FOR INTEREST AND PENALTIES, FOR UNCERTAIN INCOME TAX POSITIONS Form 990, Part VI, Line 11b Review of form 990 by governing body A draft of Form 990 was distributed to and reviewed by the Finance & Audit Committee prior to the official filing date. In addition, Form 990 was made available to each Board Member. Form 990 was also distributed to and reviewed by the full Board of Directors prior to filing. Form 990, Part VI, Line 12c Conflict of interest policy The Conflict of Interest Policy and Disclosure Questionnaire are distributed to the Board of Directors and Officers on an annual basis. All Board Members and Officers are required to complete and sign the Disclosure Questionnaire each year. Should a potential conflict arise, the matter is brought to the Executive Committee for review. Form 990, Part VI, Line 15a Process to establish compensation of top management official The Executive Committee of the Board of Directors conducts a formal evaluation of the Executive Director annually. This Committee also reviews and approves the ED's compensation package annually. Form 990, Part VI, Line 15b Process to establish compensation of other employees A Salary & Wage Administration Plan was implemented which included an objective valuation of every position in the Organization, as well as comparisons of each position's salary or hourly wage to local market data. The results of this study were reviewed with the Personnel Committee, Finance & Audit Committee, and the full Board of Directors. Form 990, Part VI, Line 19 Required documents available to the public Governing documents, Conflict of Interest Policy, and financial statements are made available to the public upon request. Interested persons can view these documents at the corporate offices. Form 990, Part VIII, Line 2f Other Program Service Revenue Other Program Revenue - Total Revenue: 444532, Related or Exempt Function Revenue: 444532, 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: ;