2024-06-14T10:05:03+00:00 2023-12-31 010493997 One River CPAs 46 FIRST PARK DRIVE OAKLAND ME 049635362 990 2023-01-01 010211811 Kennebec Valley YMCA KENN 2076229622 31 Union Street Augusta ME 04330 Louise Tirabassi Finance Director 2024-06-14 true Ranae LItalien Litalien 999009999 BRETT R JENSEN CPA P01888543 2078731603 2023 2023-04-26 12:10:37Z Ranae L'Italien 31 Union Street Augusta ME 04330 3991452 false X WWW.KVYMCA.ORG X 1914 ME The purpose of the Kennebec Valley YMCA is to provide the community with an inspirational environment for the enrichment of all people, through social, recreational and learning activities. Caring, honesty, respect and responsibility are the basis for all we do. 16 16 143 80 0 0 655851 454490 1857764 1980548 78890 1107317 31833 22316 2624338 3564671 0 0 1623607 1751841 0 104880 1479360 1591547 3102967 3343388 -478629 221283 7900443 7717441 2512714 1968039 5387729 5749402 The purpose of the Kennebec Valley YMCA is to provide the community with an inspirational environment for the enrichment of all people, through social, recreational and learning activities. Caring, honesty, respect and responsibility are the basis for all we do. false false 1386723 926784 Youth Development: Youth development programs focus on providing safe, nurturing environments and opportunities to cultivate their interests, pursue their potential while focusing on education and health. Our learning center program provides education and care for children 6 weeks old to 5 years old (additional details provided on page 36). Camp KV focuses on children's personal and social development as well as building confidence, skills and interests. 1043595 1053764 Healthy Living & Wellness: Our Diabetes Prevention Program educates adults on how to reduce their risk of developing diabetes through nutrition and exercise. LIVESTRONG is a free health program designed to support adult cancer survivors by building muscle mass and strength while focusing on overall well-being during and after treatment. Our facilities provide the community with many physical fitness options. We offer both group and individual classes. Youth classes include activities such as soccer, gymnastics, Kids Zumba, Disc Golf, and basketball. Adult classes include a variety of cardio, strength and toning options, including: barbell class, spin, triathlon training, Bootcamp, TRX, kickboxing, open gym, basketball, weights, fitness equipment Pilates, silver sneakers classes and personal training classes. We provides access to both a competitive and a family pool. Our aquatics program promotes fitness and water safety for all ages and abilities. Our Child Watch service encourages parents to work out while our staff provides safe onsite childcare. 2430318 true true false false false false false false true true false false true true true true false false false false false false false true false false false false false false false false false false false false true false false false false false false false false false true 6 0 true 143 true false false false false false false false false false false false false X 16 16 false false false false false false false true true false false true true true true true true true false false ME X X Louise Tirabassi 2076229622 31 Union Street AUGUSTA ME 04330 Brian Tarbuck VICE PRESIDENT 1.0 X X 0 0 0 James Bass PRESIDENT 1.0 X X 0 0 0 Mary Hammond SECRETARY 1.0 X X 0 0 0 Scott Weber TREASURER 1.0 X X 0 0 0 Alex Serra DIRECTOR 1.0 X 0 0 0 Alexander Willette DIRECTOR 1.0 X 0 0 0 Beth Ashcroft DIRECTOR 1.0 X 0 0 0 Bill Bridgeo DIRECTOR 1.0 X 0 0 0 Gail Conley DIRECTOR 1.0 X 0 0 0 Jennifer Weatherbie DIRECTOR 1.0 X 0 0 0 Katie Doherty DIRECTOR 1.0 X 0 0 0 Lisa Linnell DIRECTOR 1.0 X 0 0 0 Paul Stein DIRECTOR 1.0 X 0 0 0 Raegan LaRochelle DIRECTOR 1.0 X 0 0 0 Tom Warren DIRECTOR 1.0 X 0 0 0 Tyler Gaudet DIRECTOR 1.0 X 0 0 0 RANAE L'ITALIEN CHIEF EXECUTIVE OFFICER 50.0 X 98512 0 8413 98512 0 8413 0 false false false 0 34000 0 41361 0 101972 277157 454490 Healthy Living 1053764 1053764 Youth Development 926784 926784 Social Responsibility 0 0 0 0 0 0 1980548 95151 95151 0 0 1412333 400167 0 1012166 1012166 1012166 19862 41361 26614 -6752 -6752 Miscellaneous income 900099 29068 29068 0 0 0 0 29068 3564671 1980548 0 1129633 0 0 98512 49256 49256 1396614 1274372 42579 79663 46838 39472 4541 2825 97605 82256 9462 5887 112272 94616 10885 6771 2935 2935 31607 31607 8946 8946 113351 40970 72101 280 23009 23009 919 919 12388 1930 10458 424024 335761 79873 8390 5066 5066 10584 9657 922 5 68944 54748 14196 44578 0 44578 0 367309 291963 75346 42413 33680 8733 Bad debts/provision for uncollectible promises 185723 185723 Supplies 120009 109970 9203 836 Miscellaneous 99968 99745 223 Minor equipment/equipment rental 18107 18107 11667 11667 0 0 3343388 2430318 808190 104880 400 400 412427 797501 76000 1000 178840 136116 0 0 0 0 4718 14151 10411268 5956628 4745085 4454640 1612846 1695324 0 0 870127 618309 7900443 7717441 114622 155962 64832 86677 0 0 0 0 2333260 1690437 0 0 0 34963 2512714 1968039 X 3083435 3485410 2304294 2263992 5387729 5749402 7900443 7717441 X 221283 117885 22505 X false true X true false X 556979 960523 1536506 655851 454490 4164349 2202828 1578247 1536068 1860221 1978583 9155947 0 0 0 2759807 2538770 3072574 2516072 2433073 13320296 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 13320296 61322 61607 69844 78890 95151 366814 0 61322 61607 69844 78890 95151 366814 0 0 0 0 0 0 0 2821129 2600377 3142418 2594962 2528224 13687110 0.9732 0.9754 0.03 0.02 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1612846 25000 161462 95038 8946 1695324 1894215 10000 -215638 66490 9241 1612846 1702752 26119 238170 63233 9593 1894215 1443349 143940 123899 0 8436 1702752 1200931 23509 226713 0 7804 1443349 0.01 0.79 0.2 false false 186000 186000 9590101 5423628 4166473 605048 533000 72048 30119 30119 4454640 Beneficial interests in perpetual trusts 527408 Financing reserve requirement 54039 Property held for sale ROU Lease Assets 36862 618309 Current portion of capital lease 12937 Noncurrent portion of capital lease 22026 34963 X 3696115 117885 22505 140390 3555725 8946 8946 3564671 3334442 0 0 3334442 8946 8946 3343388 Schedule D, Part V, Line 4 Intended uses of endowment funds The income from the Endowment fund is expended to support the activities of the Organization. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The YMCA has received a favorable determination letter from the Internal Revenue Service stating that it is exempt from federal income taxes under Section 501(a) of the Internal Revenue Code of 1986 (IRC), as an organization described in Section 501(c)(3), excerpt for income taxes pertaining to unrelated business income. The Financial Accounting Standards Board (FASB) guidance requires tax effects from uncertain tax positions to be recognized in the financial statements only if the position is more likely than not be sustained if the position were to be challenged by a taxing authority. Management has determined that there are no material uncertain positions that require recognition in the financial statements. Additionally, no provision for income taxes is reflected in these financial statements. Interest and penalties would be recognized as tax expense. However, there are no interest or penalties recognized in the statements of activities. The YMCA's tax return is subject to examination by the Internal Revenue Service, generally for three years after they are filed. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 Change in beneficial interest in perpetual trust - 22505 Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements Investment expense - 8946 Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Investment expense - 8946 AUCTION 27561 12700 14861 9746 GOLF TOURNAMENT 15789 13245 2544 8505 2 17873 15416 2457 8363 61223 41361 19862 26614 26614 -6752 RAM Cleaning Owned by a Director 46615 Cleaning services false Form 990, Part VI, Line 11b Review of form 990 by governing body The form 990 and attachments are reviewed by the Executive Director and the Board Treasurer prior to filing. Additionally, board members are made aware of the availability of the Form 990 prior to filing. Form 990, Part VI, Line 12c Conflict of interest policy Periodic reviews are conducted by the Executive Committee or by the special or ad hoc committee appointed for that purpose. Form 990, Part VI, Line 15a Process to establish compensation of top management official The Board of Directors determines the compensation for the Executive Director by using comparable data and other sources of information. Form 990, Part VI, Line 19 Required documents available to the public The organization's governing documents, conflict of interest policy and financial statements are available to the general public upon request. Form 990, Part VIII, Line 2f Other Program Service Revenue - Total Revenue: , Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; - Total Revenue: , Related or Exempt Function Revenue: , 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 Change in beneficial interest in trust - 22505; Form 990, Part XII, Line 2c Explanation In the current year, the organization had no change in the Board's process for choosing an independent accountant or in overseeing the audit process.