2025-05-01T08:21:30-05:00 2024-06-30 333709623 COHNREZNICK ADVISORY LLC 350 GRANITE STREET SUITE 1200 BRAINTREE MA 02184 990 2023-07-01 042103960 CAMBRIDGE YOUNG MENS CHRISTIAN ASSOCIATION CAMB 6176619622 820 MASSACHUSETTS AVENUE CAMBRIDGE MA 02139 MARK ZOLTKO CFO 6176619622 2025-04-29 1 1 JOLANTA TUCK P01340068 7813803520 2025-04-24 2023 2025-03-06 01:10:19Z DAVID KNISELY 820 MASSACHUSETTS AVENUE CAMBRIDGE MA 02139 3544197 0 X WWW.CAMBRIDGEYMCA.ORG X 1883 MA THE ORGANIZATION'S MISSION IS TO PROMOTE AND INSPIRE LIFE-LONG DEVELOPMENT FOR CHILDREN, ADULTS, AND FAMILIES THROUGH PROGRAMS THAT BUILD A HEALTHY SPIRIT, MIND, AND BODY FOR ALL. THE ASSOCIATION ACHIEVES THIS THROUGH A BROAD RANGE OF ACTIVITIES THAT SERVE A COMMUNITY RICH IN RACIAL, RELIGIOUS, ETHNIC, AND ECONOMIC DIVERSITY. 9 8 104 86 0 0 432589 418919 2472390 2551758 15496 52183 606026 521337 3526501 3544197 29086 39333 0 0 1829192 1901930 0 0 88082 1267456 2350712 3125734 4291975 400767 -747778 4886714 4127795 607713 592047 4279001 3535748 X THE ORGANIZATION'S MISSION IS TO PROMOTE AND INSPIRE LIFE-LONG DEVELOPMENT FOR CHILDREN, ADULTS, AND FAMILIES THROUGH PROGRAMS THAT BUILD A HEALTHY SPIRIT, MIND, AND BODY FOR ALL. THE ASSOCIATION ACHIEVES THIS THROUGH A BROAD RANGE OF ACTIVITIES THAT SERVE A COMMUNITY RICH IN RACIAL, RELIGIOUS, ETHNIC, AND ECONOMIC DIVERSITY. 0 0 2053755 39333 1499124 THE MEMBERSHIP SERVICES PROGRAM PROVIDES AND LINKS A DIVERSE CLIENT POPULATION WITH A BROAD CONTINUUM OF SERVICES WHICH INCLUDE AQUATICS, YOGA, AEROBICS, BASKETBALL LEAGUES, PERSONAL TRAINING, MARTIAL ARTS AND NUMEROUS CLASSES FOR ALL AGES. 923707 1058591 THE CHILDCARE SERVICES PROGRAM PROVIDES A NURTURING ENVIRONMENT FOR CHILDREN TO LEARN AND GROW. THE ASSOCIATION OFFERS PRESCHOOL, AFTER SCHOOL AND SUMMER PROGRAMS FOR CHILDREN. 2977462 1 1 0 0 0 0 0 0 1 1 1 0 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 1 0 1 104 1 0 0 0 0 0 0 0 0 0 0 0 0 X 9 8 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 1 1 1 1 0 MA X MARK ZOLTKO 6176619622 820 MASSACHUSETTS AVENUE CAMBRIDGE MA 021393296 NANCY J O'BRIEN PRESIDENT/CEO 40.00 X X 202278 0 31010 ANYA ALEXANDRA BEAR DIRECTOR 1.00 X 0 0 0 DAVID KNISELY CHAIRMAN 1.00 X X 0 0 0 DENIS K SHEAHAN TREASURER 1.00 X X 0 0 0 JOHN JONES DIRECTOR 1.00 X 0 0 0 MARK WINKELLER VICE CHAIR 1.00 X X 0 0 0 PAUL FERREIRA CLERK 1.00 X X 0 0 0 ROBERT YOUNG DIRECTOR 1.00 X 0 0 0 TIMOTHY BOMBARD DIRECTOR 1.00 X 0 0 0 GILDA NOGUEIRA DIRECTOR (UNTIL 10/2023) 1.00 X 0 0 0 MARK ZOLTKO CFO 40.00 X 147928 0 29873 350206 0 60883 2 0 1 0 0 315759 103160 418919 MEMBERSHIP DUES 713940 1479602 1479602 TUITION AND FEES 624100 1058591 1058591 INT INCOME - NOTE RECE 624100 13565 13565 2551758 52183 52183 515380 0 515380 515380 515380 MISCELLANEOUS 900099 5957 5957 5957 3544197 2557715 0 567563 39333 39333 421301 354800 47809 18692 1242894 1111626 72116 59152 67775 38997 26887 1891 53732 30917 21317 1498 116228 104228 6192 5808 2678 2678 31360 31360 10905 5488 5417 6621 6621 285343 175328 108974 1041 908460 895887 12573 9860 8934 926 5797 3387 2410 57605 57605 162051 160430 1621 BAD DEBT EXPENSE 822642 822642 47390 38808 8582 4291975 2977462 1226431 88082 230094 81033 1666584 1655714 120651 120651 57181 86054 395963 0 35371 16497 4892115 2743078 1913132 2149037 52122 11782 415616 7027 4886714 4127795 181609 202998 145423 163580 6000 6000 224208 210985 50473 8484 607713 592047 X 3974310 3351120 304691 184628 4279001 3535748 4886714 4127795 X -747778 4525 X 0 1 X 1 0 X 447754 925157 679274 432589 418919 2903693 2197343 1584028 2232100 2472390 2551758 11037619 2645097 2509185 2911374 2904979 2970677 13941312 0 0 0 13941312 537720 484160 610278 615162 567563 2814883 537720 484160 610278 615162 567563 2814883 5980 3191 6562 6360 5957 28050 3188797 2996536 3528214 3526501 3544197 16784245 0.83060 0.82820 0.16770 0.17000 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS - 2019 AMOUNT: $ 5,980. 2020 AMOUNT: $ 3,191. 2021 AMOUNT: $ 6,562. 2022 AMOUNT: $ 6,360. 2023 AMOUNT: $ 5,957. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 151586 151586 151586 151586 151586 151586 151586 151586 151586 151586 0.00000 1.00000 0.00000 0 0 86000 86000 3929638 2119698 1809940 808873 580669 228204 67604 42711 24893 2149037 OPERATING LEASE LIABILITY 8484 8484 X 3509389 4525 4525 3504864 39333 39333 3544197 4252642 0 4252642 39333 39333 4291975 PART IV, LINE 2B: THE ORGANIZATION HAD $6,000 IN SECURITY DEPOSITS FOR THE YEAR ENDED JUNE 30, 2024. PART V, LINE 4: THE GOAL OF THE ENDOWMENT FUND IS TO FULFILL THE MISSION OF THE ASSOCIATION. UNLESS OTHERWISE RESTRICTED BY THE DONOR, THE INVESTMENT INCOME IS TO BE USED IN ACCORDANCE WITH THE ASSOCIATION'S ENDOWMENT SPENDING POLICY. PART X, LINE 2: U.S. GAAP PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ASSOCIATION HAS DETERMINED THAT THERE ARE NO UNCERTAIN TAX POSITIONS WHICH QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS AS OF JUNE 30, 2024. GENERALLY, THE ASSOCIATION'S INFORMATION/TAX RETURNS REMAIN OPEN FOR POSSIBLE FEDERAL INCOME TAX EXAMINATION FOR THREE YEARS AFTER THE FILING DATE. WHILE NO INFORMATION/TAX RETURNS ARE CURRENTLY BEING EXAMINED BY THE INTERNAL REVENUE SERVICE, FISCAL YEARS SINCE 2021 REMAIN OPEN. AS OF JUNE 30, 2024, THE ASSOCIATION BELIEVES THAT THERE ARE NO UNCERTAIN TAX POSITIONS WITH ANY OF ITS OPEN TAX YEARS. PART XI, LINE 2D - OTHER ADJUSTMENTS: ACCRETION ON NOTE RECEIVABLE 4,525. PART XI, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS RECLASSIFIED TO EXPENSES 39,333. PART XII, LINE 4B - OTHER ADJUSTMENTS: SCHOLARSHIPS RECLASSIFIED TO EXPENSES 39,333. 1 FINANCIAL AID TOWARDS MONTHLY MEMBERSHIP 331 39333 ESTABLISHED MEMBERSHIP RATES MEMBERSHIP FINANCIAL AID. PART I, LINE 2: MEMBERS ARE ABLE TO APPLY FOR FINANCIAL AID ASSISTANCE TOWARDS A MONTHLY MEMBERSHIP. MEMBERS ARE REQUIRED TO PROVIDE PROOF OF INCOME & RESIDENCY. AID IS GIVEN AT 20%, 30%, & 50% LEVELS, AND IS BASED ON HUD INCOME LIMITS FOR CAMBRIDGE. IF AWARDED, AID IS GRANTED FOR A PERIOD OF 1 YEAR, BEFORE MEMBERS NEED TO RE-APPLY. X X 0 0 0 0 0 0 0 0 0 NANCY J O'BRIEN PRESIDENT/CEO 202278 0 0 0 0 0 20533 0 10477 0 233288 0 0 0 MARK ZOLTKO CFO 147928 0 0 0 0 0 14234 0 15639 0 177801 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE WILL REVIEW AND COMMENT ON THE 990. FORM 990 WILL BE DISTRIBUTED TO THE BOARD OF DIRECTORS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 15 THE SALARY OF THE PRESIDENT IS SET BY THE BOARD TAKING IN SEVERAL FACTORS INCLUDING CEO SALARY OF COMPARABLE SIZED ORGANIZATIONS, AS WELL AS THE UNIQUE ASPECTS OF THE CAMBRIDGE YMCA. ALL OTHER SALARIES ARE DETERMINED BY THE PRESIDENT, AS WELL AS THE DUTIES AND RESPONSIBILITIES OF EACH POSITION CONSIDERING AREA WAGE SCALES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: ACCRETION ON NOTES RECEIVABLE 4,525.