2024-06-26T13:08:23-05:00 2023-12-31 910189318 MOSS ADAMS LLP 2707 COLBY AVENUE SUITE 801 EVERETT WA 98201 990 2023-01-01 910903084 NEXUS YOUTH AND FAMILIES NEXU 2063825003 909 FOURTH AVENUE SEATTLE WA 981041194 ERWIN VIDALLON SVP & CFO 2063825003 2024-06-21 1 ERWIN VIDALLON 999009999 1 COLLEEN RAMIRES P01251320 4252597227 2024-06-21 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z ERWIN VIDALLON 909 FOURTH AVENUE SEATTLE WA 981041194 212746 0 X WWW.NEXUS4KIDS.ORG X 1973 WA RESTORING HOPE, BUILDING FUTURES, AND STRENGTHENING OUR COMMUNITIES THROUGH PROGRAMS WITH YOUTH, YOUNG ADULTS, AND FAMILIES. 27 27 0 30 0 0 0 203911 11020 8835 18 0 0 0 11038 212746 0 0 0 0 0 0 0 0 0 291048 281993 291048 281993 -280010 -69247 3753511 3755908 2512126 2583770 1241385 1172138 X RESTORING HOPE, BUILDING FUTURES, AND STRENGTHENING OUR COMMUNITIES THROUGH PROGRAMS WITH YOUTH, YOUNG ADULTS AND FAMILIES. WE SUPPORT THE BEHAVIORAL HEALTH OF AT-RISK AND IN-CRISIS YOUTH ACROSS THE GREATER SOUTH KING COUNTY AREA. WE TAKE AN INTEGRATED, HOLISTIC APPROACH TO ASSISTING YOUTH AND THEIR FAMILIES, CONNECTING THEM WITH A WIDER NETWORK OF SERVICES TO BEST FIT THEIR NEEDS. 0 1 165247 8835 THE ORGANIZATION'S PROGRAM SERVICES NOW OPERATE UNDER A RELATED ORGANIZATION, THE YMCA OF GREATER SEATTLE. THE BUILDING UTILIZED FOR THE SEVERSON PROGRAM IS STILL HELD BY THE ORGANIZATION, THOUGH THE OPERATIONS OF THE PROGRAM IS RUN BY THE YMCA OF GREATER SEATTLE. THE ORGANIZATION IS WORK ON TRANSFERRING THE BUILDING TO THE YMCA OF GREATER SEATTLE AFTER WHICH THE ORGANIZATION WILL DISSOLVE. THE SEVERSON PROGRAM IS A 10 UNIT TRANSITIONAL HOUSING PROGRAM LOCATED IN AUBURN, WA. THE PROGRAM IS DESIGNED TO HELP HOMELESS YOUNG ADULTS AND FAMILIES, AGES 18-24, TRANSITION FROM HOMELESSNESS TO INDEPENDENCE. SEVERSON HOUSING IS ACCESSED THROUGH CEA. 165247 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 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 27 27 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X LORIA YEADON 2063825004 909 FOURTH AVE SEATTLE WA 981041194 ALISON PRINCE CHAIR 0.10 3.00 X X 0 0 0 MICHAEL ORBINO VICE CHAIR/SECRETARY (THRU 12/23) 0.10 3.00 X X 0 0 0 MATT STOVER TREASURER 0.10 3.00 X X 0 0 0 AARON PERRINE DIRECTOR 0.10 3.00 X 0 0 0 ALAN PICKERILL DIRECTOR 0.10 1.00 X 0 0 0 BELLA SANGAR DIRECTOR 0.10 1.00 X 0 0 0 BRENT BEARDALL DIRECTOR 0.10 1.00 X 0 0 0 BRENT JONES DIRECTOR 0.10 1.00 X 0 0 0 BRIAN SCRENAR DIRECTOR 0.10 1.00 X 0 0 0 CAM RAGEN DIRECTOR 0.10 1.00 X 0 0 0 CJ ALLEN DIRECTOR 0.10 1.00 X 0 0 0 DOUG BOYDEN DIRECTOR 0.10 1.00 X 0 0 0 DWANE CHAPPELLE DIRECTOR 0.10 1.00 X 0 0 0 EMILY COOPER DIRECTOR 0.10 1.00 X 0 0 0 FRANK SHAW DIRECTOR 0.10 1.00 X 0 0 0 JAIME RILEY DIRECTOR 0.10 1.00 X 0 0 0 JENNIFER GRIFFITH DIRECTOR 0.10 3.00 X 0 0 0 JOHN VYNNE DIRECTOR 0.10 1.00 X 0 0 0 JULIE PRINCE DIRECTOR 0.10 1.00 X 0 0 0 KATIE O'SULLIVAN DIRECTOR 0.10 1.00 X 0 0 0 KEITH PAYET DIRECTOR 0.10 1.00 X 0 0 0 LORI COPPENRATH DIRECTOR 0.10 1.00 X 0 0 0 RICKEY HALL DIRECTOR 0.10 1.00 X 0 0 0 ROBIN MARTIN DIRECTOR (THRU 06/23) 0.10 1.00 X 0 0 0 SARAH GAVIN DIRECTOR 0.10 1.00 X 0 0 0 SHERRY WILLIAMS DIRECTOR 0.10 1.00 X 0 0 0 TREVOR STUART DIRECTOR 0.10 1.00 X 0 0 0 TUMANI COOKER DIRECTOR 0.10 1.00 X 0 0 0 VICTOR DE BONIS DIRECTOR 0.10 1.00 X 0 0 0 LORIA B YEADON PRESIDENT & CEO 0.10 50.00 X 0 533796 63202 ERWIN VIDALLON SVP & CFO 0.10 50.00 X 0 224907 11570 0 758703 74772 0 0 1 0 0 203911 203911 CLIENT FEES 624100 8835 8835 8835 212746 8835 0 0 4849 4849 800 800 77251 77251 199093 165247 33846 281993 165247 116746 0 26336 26466 0 203911 5809625 2286786 3721932 3522839 5243 2692 3753511 3755908 48031 44295 2228910 2163081 235185 376394 2512126 2583770 X 1241385 1172138 1241385 1172138 3753511 3755908 -69247 0 X X 0 1 X 1 0 X 3015006 100396 203911 3319313 3015006 100396 203911 3319313 570593 2748720 223 6436 109 18 6786 5708 1124 6832 3332931 4593992 0.82470 0.93920 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1009424 1009424 4387297 1873882 2513415 249151 249151 0 163753 163753 0 3522839 X PART X, LINE 2: NEXUS YOUTH AND FAMILIES (NEXUS) RECOGNIZES THE TAX BENEFIT FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY THE TAX AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFIT IS MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. NEXUS RECOGNIZES INTEREST AND PENALTIES RELATED TO INCOME TAX MATTERS IN INCOME TAX EXPENSE. AS OF DECEMBER 31, 2023 AND 2022, NEXUS IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS REQUIRING ACCRUAL. 0 0 0 0 0 0 0 0 0 LORIA B YEADON PRESIDENT & CEO 0 376252 0 100000 0 57544 0 39599 0 23603 0 596998 0 0 ERWIN VIDALLON SVP & CFO 0 223853 0 0 0 1054 0 0 0 11570 0 236477 0 0 FORM 990, PART III, LINE 3 MOST OF THE THE ORGANIZATION'S PRIOR PROGRAM SERVICES NOW OPERATE UNDER A RELATED ORGANIZATION, THE YMCA OF GREATER SEATTLE. FORM 990, PART VI, SECTION B, LINE 11B A MEMBER OF THE AUDIT COMMITTEE OF THE GOVERNING BODY REVIEWED THE FORM 990 AND A COPY OF THE FORM 990 WAS MADE AVAILABLE TO EACH MEMBER OF THE GOVERNING BODY PRIOR TO IT BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C IDENTIFIED SIGNIFICANT PARTIES ARE REQUIRED TO ANNUALLY COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE THAT IS SUBMITTED TO AND REVIEWED BY THE AUDIT COMMITTEE. WHERE A CONFLICT OF INTEREST IS DETERMINED TO EXIST, THE YMCA SHALL NOT ENTER INTO THE PROPOSED CONTRACT, TRANSACTION OR ARRANGEMENT UNLESS THE BOARD HAS COMPLIED WITH THE FOLLOWING: A. THE CHAIRPERSON OF THE BOARD SHALL, IF APPROPRIATE, APPOINT A DISINTERESTED PERSON OR COMMITTEE TO INVESTIGATE ALTERNATIVES TO THE PROPOSED CONTRACT, TRANSACTION OR ARRANGEMENT. B. AFTER EXERCISING DUE DILIGENCE, THE BOARD SHALL DETERMINE WHETHER THE YMCA CAN, WITH REASONABLE EFFORTS, GET A MORE ADVANTAGEOUS CONTRACT, TRANSACTION OR ARRANGEMENT FROM A PERSON OR ENTITY WITHOUT A CONFLICT OF INTEREST. C. IF A MORE ADVANTAGEOUS TRANSACTION OR ARRANGEMENT IS NOT REASONABLY POSSIBLE, THE BOARD SHALL DETERMINE BY A MAJORITY VOTE OF THE DISINTERESTED DIRECTORS WHETHER THE TRANSACTION OR ARRANGEMENT IS IN THE YMCA'S BEST INTEREST, FOR ITS OWN BENEFIT, AND WHETHER IT IS FAIR REASONABLE. IN CONFORMITY WITH THE ABOVE DETERMINATION, THE BOARD SHALL MAKE ITS DECISION AS TO WHETHER TO ENTER INTO THE CONTRACT, TRANSACTION, OR ARRANGEMENT. FORM 990, PART VI, SECTION B, LINE 15 YMCA OF THE USA, USING AN INDEPENDENT CONSULTANT, STUDIES YMCA CEO SALARIES AND COMPARES THEM TO OTHER COMPARABLE INDUSTRIES. YMCA OF GREATER SEATTLE ACQUIRES SEATTLE MARKET AND COMPARABLE INDUSTRY COMPENSATION DATA. AT THE HIRE OF A CEO, THE COMPENSATION PACKAGE GOES TO THE BOARD FOR APPROVAL. THE CEO SALARY IS APPROVED BY THE BOARD. THIS WAS LAST PERFORMED IN 2023. THE HR COMMITTEE OF THE BOARD OF DIRECTORS ENGAGES A CONSULTANT TO PERFORM A COMPENSATION SURVEY AND EVALUATES THE COMPENSATION OF SENIOR LEADERSHIP MANAGEMENT POSITIONS, INCLUDING: *SVP/CHIEF FINANCIAL OFFICER FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE ON REQUEST. FORM 990, PART XII, LINE 2C: THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF GREATER SEATTLE (YMCA) IS THE SOLE MEMBER OF NEXUS YOUTH AND FAMILIES (NEXUS). AS SUCH NEXUS' FINANCIALS ARE INCLUDED IN THE YMCA'S CONSOLIDATED FINANCIAL STATEMENT AUDIT WHICH IS OVERSEEN BY THE YMCA'S FINANCE COMMITTEE. THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF GREATER SEATTLE 909 FOURTH AVENUE SEATTLE WA 98104 910482710 YOUTH DEVELOPMENT, HEALTH LIVING & SOCIAL RESPONSIBILITY WA 501(C)(3) LINE 10 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0