2024-11-14T15:53:26-06:00 2023-12-31 341897225 HILL BARTH & KING LLC 101 CRAWFORDS CORNER ROAD SUITE 2216 HOLMDEL NJ 07733 990 2023-06-01 221625176 FROST VALLEY YMCA FROS 8459852291 2000 FROST VALLEY ROAD CLARYVILLE NY 12725 RIEL PEERBOOMS CEO 8459852291 2024-11-14 1 0 KATHLEEN M CLAYTON CPA P01448135 7323818887 2024-11-14 2023 2024-10-15 13:58:12Z RIEL PEERBOOMS 2000 FROST VALLEY ROAD CLARYVILLE NY 12725 13546988 0 X WWW.FROSTVALLEY.ORG X 1954 NJ FROST VALLEY YMCA IS A VALUES DRIVEN ORGANIZATION THAT FOSTERS YOUTH DEVELOPMENT, HEALTHY LIVING AND SOCIAL RESPONSIBILITY THROUGH OUTDOOR EDUCATIONAL AND RECREATIONAL PROGRAMS FOR ALL. 23 23 681 47 0 0 7277544 1651446 12352255 10771681 19798 162164 225058 252184 19874655 12837475 661686 924297 0 0 8048451 6191367 0 0 418883 8027154 5257156 16737291 12372820 3137364 464655 35549734 34645597 14114169 11872498 21435565 22773099 X FROST VALLEY IS A VALUES DRIVEN ORGANIZATION THAT FOSTERS YOUTH DEVELOPMENT, HEALTHY LIVING AND SOCIAL RESPONSIBILITY THROUGH OUTDOOR EDUCATIONAL AND RECREATIONAL PROGRAMS FOR ALL. (CONTINUED SCHEDULE O) 0 0 6505410 854021 5564237 CAMPINGFROST VALLEY YMCA OFFERS DAY CAMP, TRADITIONAL OVERNIGHT SUMMER CAMP, TEEN AND PRE-TEEN ADVENTURE TRIPCS, HORSE CAMPS, FARM CAMP, AND AN ADVENTURE SURVIVAL CAMP. CHILDREN AND TEENS GROW EXPONENTIALLY INN A SAFE AND ENGAGING ENVIRONMENT, SPENDING THEIR FIRST NIGHTS AWAY FROM HOME, GAINING SKILLS AS YOUNG LEADERS, AND BONDING WITH NEW FRIENDS. IN KEEPING WITH FROST VALLEY'S MISSION, AS A NONPROFIT SEEKING TO PROVIDE QUALITY OUTDOOR EDUCATIONAL AND RECREATIONAL UEXPERIENCES FOR ALL, AIMS TO PROVIDE FINANCIAL ASSISTANCE TO 20% OF PROGRAM PARTIPANTS, ENSURING ALL CHILDREN THAT WANT TO ATTEND CAMP ARE NOT PROHIBITED BECASUE OF THEIR FAMILIES' FINANCIAL LIMITATIONS. FROM JUNE 1, 2023 TO DECEMBER 31, 2023, 3988 DAY AND OVERNIGHT CAMPERS HAD A LIFE TRANSFORMING EXPERIENCE AT FROST VALLEY. 1680569 32417 1323199 ENVIRONMENTAL PROGRAMFROST VALLEY YMCA'S STAFF GUIDE STUDENTS FROM PRIMARY AND SECONDARY SCHOOLS IN THE TRI-STATE AREA IN BUILDING CONNECTIONS WITH THEIR CLASSMATES, BUILD DEEPER CONNECTIONS WITH THEIR OWN SELF AWARENESS, AND STRENGTHEN CONNECTIONS WITH THE ENVIRONMENT AND OUTSIDE WORLD, OUR SCIENCE PROGRAMS ARE DESIGNED TO PROVIDE DIRECT ENGAGEMENT, STIMULATE CURIOSITY AND WONDER, AND INCREASE SCIENCE LITERACY AND CRITICAL THINKING. OUR TEAM BUILDING CURRICULUM IS DESIGNED TO EMPHASIZE THEVALUE OF WORKING TOGETHER WHILE RECOGNIZING INDIVIDUAL STRENGTHS WITHIN THE STRENGTHS OF THE ENTIRE GROUP. FROM JUNE 1, 2023 TO DECEMEBR 31, 2023, FROST VALLEY PROVIDED AN IMMERSIVE ENVIRONMENTAL EDUCATION EXPERIENCE FOR 5,250 PARTICIPANTS. 1333929 30377 1176502 RETREATSBETWEEN SEPTEMBER AND JUNE, FROST VALLEY HOSTS SCOUT TROOPS, Y GUIDES, RELIGIOUS GROUPS, NONPROFITS, AND CORPORATIONS ALSO FLOCK TO FROST VALLEY FOR TEAM BUILDING AND IMMERSION IN NATURE. FROST VALLEY IS HOME TO A MODEL FOREST, 672-PANEL SOLAR ARRAY, RAPTOR CENTER, A MAPLE SUGARING HOUSE, AND IS PART OF THE NEW YORK CITY WATERSHED. FAMILIES COME TO FROST VALLEY YEAR AFTER YEAR, SOME AS MANY AS 50 YEARS RUNNING, TO UNPLUG FROM TECHNOLOGY AND CONNECT ON A DEEPER LEVEL WITH EACH OTHER, STAYING FOR A WEEKEND OR ONE OF OUR WEEK-LONG FAMILY CAMPS. FROM JUNE 1, 2023 TO DECEMBER 31, 2023, FROST VALLEY HOSTED 3,095 PARTICIPANTS IN ITS RETREAT PROGRAMS. 721913 7482 2959927 TOKYO AND OTHER PROGRAMS 721913 7482 2959927 10241821 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 24 0 681 1 0 0 0 0 0 0 0 0 0 0 0 0 X 23 23 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ NY X THE ORGANIZATION 8459852291 2000 FROST VALLEY ROAD CLARYVILLE NY 12725 JERRY HUNCOSKY ASST SECRETARY 40.00 X 154644 0 0 CHET KRINSKY CHIEF FINANCE OFFICER 40.00 X 72692 0 0 RIEL PEERBOOMS CEO 40.00 X 110384 0 1500 MANIA BOYDER CHIEF DEVELOPMENT OFFICER 40.00 X 100762 0 5295 THOMAS HOLSAPPLE CHIEF OPERATING OFFICER 40.00 X 92370 0 8644 VICTORIA EDDINGS ASSOCIATE EXECUTIVE DIRECT 40.00 X 88188 0 8038 CATHY HARVEY CHAIR 2.00 X X 0 0 0 KATE LEWIS PRESIDENT 2.00 X X 0 0 0 DAVE BIELER VP/TREASURER 2.00 X X 0 0 0 JERRY DORFMAN SECRETARY 2.00 X X 0 0 0 PETER ANDRUSZKIEWICZ TRUSTEE 2.00 X 0 0 0 BILL BAKER TRUSTEE 2.00 X 0 0 0 JOHN BUTLER TRUSTEE 2.00 X 0 0 0 SCOTT CANTONE TRUSTEE 2.00 X 0 0 0 AL FILREIS TRUSTEE 2.00 X 0 0 0 MAHTAB FOROUGHI TRUSTEE 2.00 X 0 0 0 RICK KASKEL TRUSTEE 2.00 X 0 0 0 ANDY KREMER TRUSTEE 2.00 X 0 0 0 AMY MELICAN TRUSTEE 2.00 X 0 0 0 BOB MESSICK TRUSTEE 2.00 X 0 0 0 JUDY PASNIK TRUSTEE 2.00 X 0 0 0 GAIL RYAN TRUSTEE 2.00 X 0 0 0 BARBARA SPITZ TRUSTEE 2.00 X 0 0 0 PETER SUNDMAN TRUSTEE 2.00 X 0 0 0 JOSH TUCKER TRUSTEE 2.00 X 0 0 0 JAMES VAUGHAN TRUSTEE 2.00 X 0 0 0 MARY WHEELER TRUSTEE 2.00 X 0 0 0 CAROL WRIGHT TRUSTEE 2.00 X 0 0 0 ALMAZ ZELLEKE TRUSTEE 2.00 X 0 0 0 619040 0 23477 3 0 1 0 0 1651446 1651446 HEALTHY LIVING 900099 10771681 10771681 10771681 37301 37301 721787 596924 124863 124863 124863 307247 112589 194658 194658 OTHER PROGRAM REVENUE 900099 57526 57526 57526 12837475 11023865 0 162164 924297 924297 5209586 3981949 911395 316242 355073 182080 153712 19281 302033 154882 130750 16401 324675 166492 140553 17630 108633 108633 318075 302109 16287 -321 44212 500 42419 1293 814698 769854 32851 11993 81729 50295 14765 16669 3189 3189 61781 61781 839129 818311 14821 5997 209727 205532 2622 1573 FOOD/KITCHEN SUPPLIES 1744521 1744521 SUPPLIES 561931 518496 40700 2735 MERCHANT AND BANK FEES 303382 288213 15169 LICENSES AND FEES 117746 109040 7659 1047 48403 25250 14810 8343 12372820 10241821 1712116 418883 0 15510 2280976 43576 147076 777766 654273 326835 355864 145581 12867 46292959 25491728 20718115 20801231 4566353 5396947 6563487 7125839 127045 135990 35549734 34645597 1561755 1310169 7001591 2166675 5470078 8142174 80745 253480 14114169 11872498 X 10584190 11919195 10851375 10853904 21435565 22773099 35549734 34645597 464655 872879 0 X 0 1 X 1 0 X 2658067 5916262 2687641 7277544 1651446 20190960 10845938 1240484 6637831 12577313 11023865 42325431 13504005 7156746 9325472 19854857 12675311 62516391 174164 2775114 1215664 4078765 199141 8442848 0 174164 2775114 1215664 4078765 199141 8442848 54073543 143340 250528 383165 19798 37301 834132 143340 250528 383165 19798 37301 834132 13647345 7407274 9708637 19874655 12712612 63350523 0.85360 0.84660 0.01320 0.02800 X SCHEDULE A THE ORGANIZATION HAS ELECTED TO CHANGE IS TAX REPORTING YEAR TO A CALENDAR YEAR. THE DATA FOR 2023 IS REPORTED FOR THE PERIOD 6/1/23-12/31/23. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 11594779 2378229 9216550 11864208 27185 64407 361021 11594779 12998505 -822795 311502 11864208 10807597 47208 2143699 12998505 13458709 76832 121122 2849066 10807597 0 0 4253676 4253676 32270188 18404991 13865197 2150656 983449 1167207 6625429 5430171 1195258 993010 673117 319893 20801231 7125839 F 7125839 FUNDS HELD IN CUSTODY 146241 FINANCE LEASE LIABILITIES 107239 253480 X 12677424 872879 872879 11804545 1032930 1032930 12837475 11339890 0 11339890 1032930 1032930 12372820 PART V, LINE 4: ENDOWMENT FUNDS ARE MAINTAINED TO GENERATE A REVENUE STREAM IN SUPPORT OF THE ORGANIZATION'S VARIOUS PROGRAMS. PART X, LINE 2: FROST VALLEY YMCA IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES AS A PUBLIC CHARITY UNDER SECTION 501(C)3 OF THE INTERNAL REVENUE CODE. MANAGEMENT BELIEVES THAT THE Y OPERATES IN A MANNER CONSISTENT WITH THEIR TAX-EXEMPT STATUS AT BOTH THE STATE AND FEDERAL LEVEL. FROST VALLEY YMCA IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES AS A PUBLIC CHARITY UNDER SECTION 501(C)3 OF THE IRS CODE. MANAGEMENT BELIEVES THAT THE Y OPERATES IN A MANNER CONSISTENT THAT THEIR TAX-EXEMPT STATUS AT BOTH THE STATE AND FEDERAL LEVEL. THE Y ANNUALLY FILES THE IRS FORM 990 - RETURN OF ORGANIZATIONS EXEMPT FROM INCOME TAX, REPORTING VARIOUS INFORMATION THAT THE IRS USES TO MONITOR THE ACTIVITIES OF TAX-EXEMPT ENTITIES. THE TAX RETURNS ARE SUBJECT TO REVIEW BY TAXING AUTHORITIES GENERALLY FOR A PERIOD OF THREE YEARS AFTER THEY WERE FILED. THE Y CURRENTLY HAS A NO TAX EXAMINATIONS IN PROGRESS. PART XI, LINE 4B - OTHER ADJUSTMENTS: PROGRAM REVENUE SHOWN NET OF FINANCIAL ASSISTANCE 924,297. INVESTMENT INCOME SHOWN NET OF FEES 108,633. PART XII, LINE 4B - OTHER ADJUSTMENTS: PROGRAM REVENUE SHOWN NET OF FINANCIAL ASSISTANCE 924,297. INVESTMENT INCOME SHOWN NET OF FEES 108,633. 1 FINANCIAL ASSISTANCE-CAMPING 198 752650 FINANCIAL ASSISTANCE-ENVIRONMENTAL PROGRAMS 684 51448 FINANCIAL ASSISTANCE-RETREATS 461 95219 FINANCIAL ASSISTANCE - OTHER PROGRAMS 245 24980 X 1 1 X X X 0 0 0 0 0 0 0 0 0 JERRY HUNCOSKY ASST SECRETARY 154644 0 0 0 0 0 0 0 0 0 154644 0 0 0 PART I, LINE 1A CEO IS REQUIRED TO LIVE ONSITE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY THE EXTERNAL AUDITORS AND REVIEWED BY MANAGEMENT. REVISIONS, CORRECTIONS, ETC. ARE MADE AS NECESSARY. ONCE ALL ARE SATISFIED WITH THE FORM, IT IS FINALIZED AND A COPY IS SENT TO ALL BOARD MEMBERS. AT THE SUBSEQUENT BOARD MEETING, THE BOARD IS ASKED IF THEY HAVE ANY QUESTIONS OR COMMENTS AND A GENERAL REVIEW OF THE FORM IS CONDUCTED BY MANAGEMENT. REVISIONS, CORRECTIONS, ETC. ARE MADE AS NECESSARY. SUBSEQUENT TO THIS MEETING, THE FORM IS SUBMITTED TO THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS PROVIDED TO ALL OFFICERS, DIRECTORS AND KEY EMPLOYEES. THESE PEOPLE ARE ASKED TO REVIEW THE POLICY AND SIGN A STATEMENT INDICATING THAT THEY UNDERSTAND THE POLICY, HAVE REPORTED ALL POTENTIAL CONFLICTS DURING THE PAST YEAR IN ACCORDANCE WITH THE POLICY AND WILL REPORT ALL POTENTIAL CONFLICTS DURING THE COMING YEAR. ALL POTENTIAL CONFLICTS ARE EVALUATED BY THE BOARD TO DETERMINE IF A CONFLICT ACTUALLY EXISTS. IN THOSE INSTANCES WHERE THE POTENTIAL TRANSACTION IS A CONFLICT THE BOARD EXAMINES THE TRANSACTION AND A VOTE IS TAKEN (WITH THOSE INVOLVED RECUSING THEMSELVES) AS TO WHETHER THE ORGANIZATION WILL ENTER INTO THE TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15 ANNUALLY THE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES CONDUCTS A PERFORMANCE REVIEW AND EVALUATION OF THE CHIEF EXECUTIVE OFFICER. THE REVIEW ALSO ESTABLISHES THE INDIVIDUAL'S COMPENSATION FOR THE FOLLOWING YEAR. THIS PROCESS INVOLVES THE EVALUATION OF THE INDIVIDUAL, AND A REVIEW OF COMPENSATION OF COMPARABLE POSITIONS OF OTHER YMCAS. THE BOARD'S DELIBERATION AND DECISION IS NOTED IN THE MINUTES OF THE MEETING. THE CHIEF EXECUTIVE OFFICER ESTABLISHES THE COMPENSATION OF THE SENIOR MANAGEMENT TEAM AND REVIEWS THE PERFORMANCE EVALUATIONS AND RECOMMENDED COMPENSATION WITH THE BOARD. THE EVALUATIONS AND COMPENSATION ARE DISCUSSED BY THE BOARD ALTHOUGH NO VOTE OF APPROVAL OF THE EXECUTIVE DIRECTOR'S DECISION IS REQUIRED. FORM 990, PART VI, SECTION C, LINE 18 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS (ARTICLES OF INCORPORATION AND BY- LAWS), ITS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. THE ORGANIZATION WILL MAIL COPIES UPON WRITTEN REQUEST OR PROVIDE COPIES TO THOSE WHO COME TO THE ADMINISTRATIVE OFFICE DURING NORMAL BUSINESS HOURS. THE ORGANIZATION CHARGES FOR THE COPIES IN ACCORDANCE WITH IRS REGULATIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS (ARTICLES OF INCORPORATION AND BY-LAWS), ITS CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. THE ORGANIZATION WILL MAIL COPIES UPON REQUEST OR PROVIDE COPIES TO THOSE WHO COME TO THE ADMINISTRATIVE OFFICES DURING NORMAL BUSINESS HOURS. THE ORGANIZATION CHARGES FOR THE COPIES IN ACCORDANCE WITH IRS REGULATIONS.