2024-10-03T05:50:27-05:00 2023-12-31 231386942 CAMPBELL RAPPOLD & YURASITS LLP 1033 S CEDAR CREST BLVD ALLENTOWN PA 181035443 990 2023-01-01 240798706 GREATER VALLEY YOUNG MEN'S CHRISTIAN ASSOCIATION GREA 6104386065 2132 SOUTH 12TH STREET 201 ALLENTOWN PA 18103 VIRGINIA DOYLE PRESIDENT 2153488132 2024-09-10 1 0 MARC A BRINKER CPA P01040599 6104357489 2024-09-10 2023 2024-10-15 13:58:12Z ZANE MOORE 2132 SOUTH 12TH STREET 201 ALLENTOWN PA 18103 20399268 0 X WWW.GV-YMCA.ORG X 1916 PA THE MISSION OF THE YMCA IS TO PUT CHRISTIAN PRINCIPLES INTO ACTION THROUGH PROGRAMS THAT BUILD HEALTHY SPIRIT, MIND AND BODY FOR ALL. YMCA PROGRAMS FOCUS ON FOUR CORE VALUES - CARING, HONESTY, RESPECT, AND RESPONSIBILITY. WE SERVE MEN, WOMEN, AND CHILDREN OF ALL AGES, RACES, ABILITIES, INCOMES, AND RELIGIONS. 13 13 486 500 0 0 12792247 9228963 6198974 7103819 11534 323202 104063 3566954 19106818 20222938 0 0 0 0 8182098 9271104 0 0 522660 5093342 8045236 13275440 17316340 5831378 2906598 52720806 55428946 10062571 9578962 42658235 45849984 X THE YMCA IS A POWERFUL ASSOCIATION OF MEN, WOMEN, AND CHILDREN COMMITTED TO BRINGING ABOUT LASTING PERSONAL AND SOCIAL CHANGE. WITH A FOCUS ON NURTURING THE POTENTIAL OF EVERY CHILD AND TEEN, IMPROVING THE NATION'S HEALTH AND WELL-BEING AND PROVIDING OPPORTUNITIES TO GIVE BACK AND SUPPORT NEIGHBORS, THE YMCA ENABLES YOUTH, ADULTS, FAMILIES AND COMMUNITIES TO BE HEALTHY, CONFIDENT, CONNECTED AND SECURE. 0 0 9661675 3309884 YOUTH DEVELOPMENT - 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 IS 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, ARTS AND HUMANITIES, YOUTH SPORTS, DAY AND SPECIALTY CAMP PROGRAMS AND OTHER YOUTH PROGRAMMING, OFFER A RANGE OF EXPERIENCES THAT ENRICH COGNITIVE, SOCIAL, PHYSICAL AND EMOTIONAL GROWTH. 2804584 843337 HEALTHY LIVING - THE YMCA 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, 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 OBESITY CRISIS, FAMILIES STRUGGLE WITH WORK/LIFE BALANCE AND INDIVIDUALS SEARCH FOR PERSONAL FULFILLMENT. HEALTHY LIVING PROGRAMS INCLUDE GROUP ADULT CLASSES, DIABETES PREVENTION, HEALTH SCREENING, WALKING GROUPS AND OTHER RECREATION ACTIVITIES. 2791735 2962609 SOCIAL RESPONSIBILITY - OUR YMCA BELIEVES IN GIVING BACK AND SUPPORTING OUR NEIGHBORS. WE HAVE BEEN LISTENING AND RESPONDING TO OUR COMMUNITY'S MOST CRITICAL SOCIAL NEEDS. YMCA PROGRAMS, SUCH AS HOUSING, ARE EXAMPLES OF HOW WE DELIVER TRAINING, RESOURCES AND SUPPORT THAT EMPOWER OUR NEIGHBORS TO EFFECT CHANGE, BRIDGE GAPS AND OVERCOME OBSTACLES. WE ENGAGE YMCA MEMBERS, PARTICIPANTS AND VOLUNTEERS IN ACTIVITIES THAT STRENGTHEN OUR COMMUNITY AND PAVE THE WAY FOR FUTURE GENERATIONS TO THRIVE. ADMIN BRANCH SUPPORT, RENTAL INCOME, AND MISCELLANEOUS 15257994 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 39 0 1 486 1 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 PA X X GREATER VALLEY YMCA 6104386065 2132 S 12TH STREET ALLENTOWN PA 18103 JULIE AMBROSE BOARD MEMBER 1.00 X 0 0 0 JAMES COTTER BOARD VICE PRESIDENT 1.00 X X 0 0 0 STEPHEN BAJAN II BOARD MEMBER 1.00 X 0 0 0 PETER DENT BOARD PRESIDENT 1.00 X X 0 0 0 ELLEN IOBST SECRETARY 1.00 X X 0 0 0 MACKENZIE GUYER TREASURER 1.00 X X 0 0 0 JOE PINTO BOARD MEMBER 1.00 X 0 0 0 JACK ZILFOU BOARD MEMBER 1.00 X 0 0 0 IRA WOLFE BOARD MEMBER 1.00 X 0 0 0 PAUL STORY JR BOARD MEMBER 1.00 X 0 0 0 SEDGWICK HARRIS BOARD MEMBER 1.00 X 0 0 0 KELLY SHAK BOARD MEMBER 1.00 X 0 0 0 KATIE SANTANA BOARD MEMBER 1.00 X 0 0 0 TARA FLEURETON CFO (FORMER) 40.00 X 110514 0 10072 DAVID FAGERSTROM CEO/PRESIDENT (FORMER) 40.00 X 154468 0 22580 264982 0 32652 2 0 1 0 SERVPRO OF OVERBROOK WYNNEFIELD 1506 S ALBERT STREET ALLENTOWN PA 18103 FIRE CLEANUP/RECONSTRUCTION 2361541 US FOODS INC PO BOX 8240368 PHILADELPHIA PA 19182 FOOD SERVICE 264436 POWER COMPONENT SYSTEMS INC 7526 CONNELLEY DR STE R HANOVER MD 21076 CONSTRUCTION 247148 GENERATIONS CONSTRUCTION INC PO BOX 46 MILLVILLE PA 17846 CONSTRUCTION 224001 METZ INC 2211 LEHIGH ST EASTON PA 18042 HVAC 216803 12 35144 5653652 3540167 161596 9228963 CHILDCARE FEES 713940 3309884 3309884 MEMBERSHIP FEES 713940 2962609 2962609 PROGRAM SERVICE FEES 713940 831326 831326 7103819 289843 289843 17347 0 17347 17347 17347 125690 0 92331 125690 -92331 33359 33359 211631 83999 127632 127632 10237 0 10237 10237 INSURANCE PROCEEDS 524126 3148269 3148269 BUSINESS INTERRUPTION 900099 261695 261695 MISCELLANEOUS 900099 1774 1774 3411738 20222938 7115830 0 3878145 X 297634 20834 232155 44645 7418158 6694483 378856 344819 844245 729489 61651 53105 711067 611756 63283 36028 3398125 2880127 517671 327 243469 58008 166684 18777 109725 86514 19759 3452 1306340 1303335 3005 148267 122932 21041 4294 15422 6791 6287 2344 269277 269277 178851 178851 744512 733675 10837 269043 267694 1349 PROGRAM SUPPLIES 899362 876801 10788 11773 EQUIPMENT - LEASED AND 320939 277270 43669 BANK AND MERCHANT DISCO 137516 135769 1747 BAD DEBT EXPENSE 4388 4388 17316340 15257994 1535686 522660 5345 5394 4647020 4010802 2414234 4716781 671592 358165 187578 173214 40330100 3287117 36680907 37042983 6516002 7630110 1598128 1491497 52720806 55428946 866941 1139822 501261 194148 7210867 6875753 1483502 1369239 10062571 9578962 X 37209060 39230780 5449175 6619204 42658235 45849984 52720806 55428946 2906598 285151 0 X X 0 1 X 1 1 1 X 5630776 6227813 11130545 12792247 9228964 45010345 5630776 6227813 11130545 12792247 9228964 45010345 45010345 117469 73134 55635 108529 307190 661957 204457 107934 184032 14276 3421975 3932674 49604976 28375395 0.90740 0.97550 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2019 AMOUNT: $ 186,570. 2020 AMOUNT: $ 103,783. 2021 AMOUNT: $ 178,225. 2022 AMOUNT: $ 3,070. 2023 AMOUNT: $ 1,774. SALES OF MERCHANDISE - 2019 AMOUNT: $ 17,887. 2020 AMOUNT: $ 4,151. 2021 AMOUNT: $ 5,807. 2022 AMOUNT: $ 11,206. 2023 AMOUNT: $ 10,237. INSURANCE PROCEEDS - 2023 AMOUNT: $ 3,148,269. BUSINESS INTERRUPTION - 2023 AMOUNT: $ 261,695. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 2200198 397587 2597785 2951604 -625274 126132 2200198 2629639 47151 383206 108392 2951604 2315096 314631 88 2629639 1978149 1000 347699 11752 2315096 0.02340 0.54620 0.43040 0 0 33000 33000 8879639 1992020 6887619 2617713 1295097 1322616 28799748 28799748 37042983 OPERATING LEASE OBLIGATION 1369239 1369239 X 20592089 285151 83999 369150 20222939 0 20222939 17400339 83999 83999 17316340 0 17316340 PART V, LINE 4: THE INTENDED USE OF THE ORGANIZATION'S ENDOWMENT FUNDS ARE TO SUPPORT THE PROGRAMS AND SERVICES OF THE ORGANIZATION. PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE LAW. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS REQUIRED IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION HAS CONCLUDED THAT THERE ARE NO MATERIAL UNRECOGNIZED TAX BENEFITS OR ACCRUED INTEREST OR PENALTIES THAT WOULD REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS AS OF DECEMBER 31, 2023. THE ORGANIZATION FILES ITS FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, IN THE U.S. FEDERAL JURISDICTION AND THE BUREAU OF CHARITABLE ORGANIZATIONS FOR THE STATE OF PENNSYLVANIA. THE ORGANIZATION'S FORMS 990 ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF FUNDRAISING PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF FUNDRAISING PART VI, LINE 1E: BUILDING AND EQUIPMENT PURCHASED OR ACQUIRED PRIOR TO JANUARY 1, 2016 IS HELD ON THE FINANCIAL STATEMENTS AT INSURED VALUE, BASED UPON THE VALUE PROVIDED BY THE INSURANCE COMPANY. LAND ACQUIRED PRIOR TO JANUARY 1, 2016 IS HELD AT COST. BOTH ITEMS COMBINED TOTAL $28,427,464. CONSTRUCTION IN PROGRESS: $372,284 GALA 103857 103857 325 17342 1491 2390 30673 RACES 52383 52383 30 1613 15253 2 34713 34713 480 10538 2482 1382 190953 190953 835 27880 5586 2390 47308 83999 106954 X X X 0 0 0 0 0 0 0 0 0 DAVID FAGERSTROM CEO/PRESIDENT (FORMER) 154468 0 0 0 0 0 12357 0 10223 0 177048 0 0 0 X 1 1159 MARKET VALUE X 2 30048 OPINIONS OF EXPERTS X TV ADVERTISING 1 114100 MARKET VALUE X VIDEO PRODUCTION 2 5665 MARKET VALUE X DECORE SERVICES 1 4890 MARKET VALUE X SIGNS/BACKDROP/GIFT TAGS 1 2557 MARKET VALUE X PROFESSIONAL FEES 3 2355 MARKET VALUE X ENTERTAINMENT FEES 1 822 MARKET VALUE 0 0 1 0 SCHEDULE M, PART I - EXPLANATIONS OF REPORTING METHOD FOR THE NUMBER OF CON OTHER - TV ADVERTISING WE RECEIVED TV ADVERTISING SPOTS FOR ONE YEAR 200 CROSS CHANNEL:30 LENGTH 2,400 SPOTS 50 ON RCN CHANNEL:30 LENGTH 600 SPOTS FOOD INVENTORY - THIS WAS FROM THREE DONORS AND WAS MADE UP OF CASES OF WATER, TURKEYS AND YEARLONG DONATIONS OF BAKED GOODS. OTHER - RADIO ADVERTISING 70,000 MONTHLY IMPRESSIONS FROM DISPLAY BANNERS 26,250 MONTHLY IMPRESSIONS FROM SOCIAL MEDIA PLACEMENTS OTHER - PHOTO INSTALLATION AND PHOTOGRAPHY SPONSORSHIP FOUR SERVICES FOR COMPANYWIDE GALA- PHOTOGRAPHY SPONSOR, DECOR SERVICES, VIDEO PRODUCTION SIGNS/BACKDROP/GIFT TAGS AND PHOTO INSTALLATION OTHER - ENTERTAINMENT FEES SERVICES FOR DJS AT EVENTS AND CLOWN ENTERTAINMENT AT PARTIES. OTHER - CHILDCARE SUPPLIES AND EQUIPMENT TABLETS, LAPTOPS, ROUTERS, WEBCAMS, WALKIE TALKIES, PRINTERS, HEADPHONES AND SOFTWARE. FORM 990, PART VI, SECTION A, LINE 6 CLASSES OF MEMBERS OR STOCKHOLDERS FORM 990, PART VI, SECTION A, LINE 7A YMCA VOTING MEMBERS: ELECT A BOARD OF DIRECTORS CONFERRING THE POWERS AND AUTHORITY OF THE BY-LAWS AND THE DIRECTION OF THE ASSOCIATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE FINANCE/AUDIT COMMITTEE WITH THE AUDITOR, AND THEN IS REVIEWED BY THE BOARD OF DIRECTORS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS AND STAFF ARE REQUIRED TO FILL OUT CONFLICTS OF INTEREST FORMS, WHICH ARE REVIEWED BY THE BOARD OF DIRECTORS AND CEO. ADDITIONALLY THESE POLICIES ARE REVIEWED SEMIANNUALLY BY THE FINANCE/AUDIT COMMITTEE OF THE YMCA AND UPDATED WITH RECOMMENDATIONS TO THE BOARD OF DIRECTORS AND STAFF. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE CEO AND KEY EMPLOYEES IS DETERMINED BY THE FINANCE/AUDIT COMMITTEE COMPENSATION COMMITTEE. THE COMMITTEE USES THE YMCA OF THE USA WAGE AND COMPENSATION PLAN TO DETERMINE THE WAGES. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE ALL MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G CONTRACTED SERVICES: PROGRAM SERVICE EXPENSES 2,880,127. MANAGEMENT AND GENERAL EXPENSES 517,671. FUNDRAISING EXPENSES 327. TOTAL EXPENSES 3,398,125. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THAT OF THE PRIOR YEAR.