2025-11-10T10:42:39-06:00 2024-12-31 480573184 REGIER CARR & MONROE LLP CPAS 4801 E BROADWAY BLVD SUITE 501 TUCSON AZ 85711 990 2024-01-01 860101237 YMCA OF SOUTHERN ARIZONA YMCA 5206229622 PO BOX 1111 TUCSON AZ 857021111 CATHY SCHEIRMAN CFO 5206229622 2025-11-04 1 1 SUSAN M VOS CPACFE P01709931 5206248229 2024 2025-03-06 01:10:19Z CATHY SCHEIRMAN PO BOX 1111 TUCSON AZ 857021111 9841444 0 X WWW.TUCSONYMCA.ORG X 1914 AZ THE YMCA OF SOUTHERN ARIZONA IS DEDICATED TO IMPROVING THE QUALITY OF HUMAN LIFE AND TO HELPING ALL PEOPLE REALIZE THEIR FULLEST POTENTIAL THROUGH THE DEVELOPMENT OF SPIRIT, MIND AND BODY. 18 18 529 303 0 0 3927434 1724906 7443768 7868541 247019 139952 97355 100630 11715576 9834029 586543 527248 0 0 6011955 5827793 0 0 116596 4593945 4826828 11192443 11181869 523133 -1347840 18937120 17002659 1574719 988098 17362401 16014561 X YMCA OF SOUTHERN ARIZONA IS DEDICATED TO IMPROVING THE QUALITY OF HUMAN LIFE AND HELPING ALL PEOPLE REALIZE THEIR FULLEST POTENTIAL THROUGH THE DEVELOPMENT OF SPIRIT, MIND AND BODY. WE ARE A POWERFUL ASSOCIATION OF MEN, WOMEN AND CHILDREN, JOINED TOGETHER BY A SHARED COMMITMENT TO NURTURING THE POTENTIAL OF YOUTH, PROMOTING HEALTHY LIVING AND FOSTERING A SENSE OF SOCIAL RESPONSIBILITY. AT THE Y, STRENGTHENING COMMUNITY IS OUR CAUSE. THE Y IS, AND ALWAYS WILL BE, DEDICATED TO BUILDING HEALTHY CONFIDENT, CONNECTED AND SECURE CHILDREN, ADULTS, FAMILIES AND COMMUNITIES. OUR IMPACT IS FELT EVERYDAY WHEN AN INDIVIDUAL MAKES A HEALTHY CHOICE, WHEN A MENTOR INSPIRES A CHILD, AND WHEN A COMMUNITY COMES TOGETHER FOR THE COMMON GOOD. 0 0 4358938 147762 3289970 CHILD CARE AND DAY CAMPIN 2024 WE CONTINUED TO PROVIDE EARLY CHILDHOOD EDUCTATION, SCHOOL-AGE BEFORE AND AFTERSCHOOL PROGRAMS, AND OUR SUMMER DAY CAMPS ALLOWING OVER 600 CHILDREN TO GROW IN A SECURE AND NURTURING ENVIRONMENT TO BUILD FRIENDSHIPS AND THRIVE. 3730093 81441 4148646 HEALTH AND WELLNESSYMCA MEMBERSHIPS GO BEYOND JUST FITNESS; THEY CREATE A SENSE OF BELONGING AND DEEPER CONNECTIONS. WE SERVED APPROXIMATELY 20,000 MEMBERS THROUGHOUT 2024. 1552659 298045 822523 FAMILY AND YOUTH DEVELOPMENTOVER 9,000 YOUTH PARTICIPATED IN YMCA PROGRAMS, SUCH AS SPORTS, SWIM LESSONS, FAMILY NIGHTS, AND YOUTH AND GOVERNMENT IN 2024 9641690 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 11 0 1 529 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 18 18 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X CATHY SCHEIRMAN 5206235511 PO BOX 1111 TUCSON AZ 857021111 PETER BEAHAN DIRECTOR 1.00 X 0 0 0 STEVE HOLMES DIRECTOR 1.00 X 0 0 0 KEVIN BURNETT DIRECTOR 1.00 X 0 0 0 ROB GILLETTE DIRECTOR 1.00 X 0 0 0 TOM HICKS DIRECTOR 1.00 X 0 0 0 DON JENKS DIRECTOR 1.00 X 0 0 0 ADALINE KLEMMEDSON DIRECTOR 1.00 X 0 0 0 JACK MCDUFF DIRECTOR 1.00 X 0 0 0 LESLIE MILLER DIRECTOR 1.00 X 0 0 0 HEDY RAMANI DIRECTOR 1.00 X 0 0 0 SHAIMA NAMAZIFARD DIRECTOR 1.00 X 0 0 0 ROY MOREY DIRECTOR 1.00 X 0 0 0 CHAD DRIEDGER DIRECTOR 1.00 X 0 0 0 JV NYMAN DIRECTOR 1.00 X 0 0 0 TOM FURRIER DIRECTOR 1.00 X 0 0 0 KURTIS DAWSON PRESIDENT/CEO 49.00 1.00 X 245693 0 36206 CATHY SCHEIRMAN CFO 49.00 1.00 X 131603 0 22113 CAROLYN SCHWARTZ VP MISSION ANDVANCEMENT 49.00 1.00 X 104977 0 18952 DAVID GARCIA SECRETARY 1.00 X X 0 0 0 STEVE BOSSE TREASURER 1.00 X X 0 0 0 BARBI REUTER CHAIR 1.00 X X 0 0 0 482273 0 77271 3 0 1 0 CONCORD CONSTRUCTION 5828 N ORACLE RD STE 150 TUCSON AZ 85704 LOHSE RENOVATION 229830 1 455235 1269671 1724906 MEMBERSHIP DUES 900099 3888136 3888136 PROGRAM FEES 900099 2710456 2710456 FEES FOR SERVICES 900099 1269949 1269949 7868541 133452 133452 6500 0 6500 6500 6500 2077 7415 -5338 -5338 31793 0 31793 31793 FACILITY USE FEES 900099 47864 47864 MISCELLANEOUS 900099 26311 26311 74175 9834029 7974509 0 134614 527248 527248 666935 9679 657256 4409126 4082503 235882 90741 162569 159228 3341 223997 182706 37678 3613 365166 266955 92932 5279 48013 48013 209171 197171 12000 114988 27560 84532 2896 886018 886006 12 16305 10447 5672 186 4549 2915 1582 52 1322653 1270495 52158 213329 204006 9323 SUPPLIES 892169 877452 13620 1097 EQUIPMENT REPAIRS 412015 354739 57276 OTHER ORGANIZATIONS 182306 170857 10349 1100 MISCELLANEOUS EXPENSE 162047 150713 11334 363265 261010 93964 8291 11181869 9641690 1423583 116596 1620789 1877362 1403851 1269377 825265 240424 5677 4257 1000 64047 35234266 23015020 12933427 12219246 1217137 750676 929974 577270 18937120 17002659 673206 530188 771513 284642 0 173268 130000 0 1574719 988098 X 16479010 15176417 883391 838144 17362401 16014561 18937120 17002659 -1347840 0 X X 0 1 X 1 0 X 3785634 3317861 3023731 3927434 1724906 15779566 3785634 3317861 3023731 3927434 1724906 15779566 1110528 14669038 2947 18320 44429 247019 133452 446167 5887 55284 39764 33459 31793 166187 16391920 39551755 0.89490 0.88100 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3734657 2750 81926 3819333 3207018 429757 97882 3734657 3116434 290963 -200379 3207018 2961633 62899 91902 3116434 2856702 53156 51775 2961633 1.00000 0 1 1 274299 274299 29238969 18515751 10723218 4200532 3115671 1084861 1520466 1383598 136868 12219246 X 9314196 7415 7415 9306781 527248 527248 9834029 10662036 7415 7415 10654621 527248 527248 11181869 PART V, LINE 4: THE YMCA AND THE FOUNDATION HAVE ADOPTED THE PROVISION UNDER THE UNIFORM PRUDENT MANAGEMENT INSTITUTIONAL FUNDS ACT ("UPMIFA") AND HAS ADOPTED A SPENDING POLICY THAT SEEKS TO PRESERVE AND BUILD THE PERMANENT FUNDS ENTRUSTED TO THE YMCA AND THE FOUNDATION ON A REAL DOLLAR BASIS AND TO MAINTAIN THE DISTRIBUTION LEVELS IN PERIODS OF "DOWN MARKETS." THE SPENDING POLICY DETERMINES THE ANNUAL DOLLAR VALUE OF DISTRIBUTIONS THAT MAY BE MADE FROM THE UNRESTRICTED FUND AND THE PERMANENTLY RESTRICTED ENDOWMENT FUNDS UNLESS THE DONOR HAS CLEARLY EXPRESSED A DIFFERENT INTENT. THIS AMOUNT IS ESTABLISHED BY THE BOARD OF DIRECTORS PRIOR TO EACH FISCAL YEAR AT THE RATE OF 3% TO 5% OF THE ROLLING AVERAGE MARKET VALUE OF THE PREVIOUS 12 QUARTERS. SPENDING FROM THE PERMANENTLY RESTRICTED INCOME ENDOWMENT FUNDS IS LIMITED TO INTEREST AND DIVIDENDS EARNED IN THE PREVIOUS CALENDAR YEAR ON THAT FUND. INVESTMENT OBJECTIVES OF THE YMCA AND THE FOUNDATION ARE TO MANAGE THE PORTFOLIO IN A MANNER THAT WILL MAXIMIZE THE BENEFITS INTENDED BY DONORS; PROVIDE PERPETUAL FINANCIAL SUPPORT FOR THE YMCA AND THE FOUNDATION; AND ACHIEVE A TOTAL RETURN OVER TIME SUFFICIENT TO PRESERVE AND INCREASE THE PURCHASING POWER OF THE ASSETS. THE YMCA AND THE FOUNDATION BELIEVE THIS GOAL CAN BEST BE ACHIEVED BY MANAGING THE UNRESTRICTED, RESTRICTED INCOME ENDOWMENT, AND ENDOWMENT PORTION OF THE FUND ON A TOTAL RETURN BASIS. ACCORDINGLY, THE ASSET ALLOCATION RANGE FOR EQUITIES WILL BE 25% TO 75% FOR THIS PORTION OF THE FUND. FOR THE RESTRICTED INCOME ONLY PORTION OF THE FUND, EQUITIES WILL BE 20% TO 45%. FOR THE CHARITABLE GIFT ANNUITY RESERVE PORTION OF THE FUND, THE ASSET ALLOCATION RANGE FOR EQUITIES WILL BE 20% TO 45%. THE REMAINDER MAY BE INVESTED IN FIXED INCOME OR CASH AND CASH EQUIVALENTS OF 55% TO 80% OF THE PORTFOLIO. THE INVESTMENT POLICY STATEMENT APPLIES ONLY TO THOSE ASSETS FOR WHICH THE INVESTMENT MANAGERS AND THE FINANCE COMMITTEE HAVE DISCRETIONARY AUTHORITY. PART X, LINE 2: THE YMCA AND THE FOUNDATION ARE ORGANIZED AS ARIZONA NONPROFIT CORPORATIONS AND HAVE BEEN RECOGNIZED BY THE INTERNAL REVENUE SERVICE ("IRS") AS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE AS ORGANIZATIONS DESCRIBED IN SECTION 501(C)(3), QUALIFY FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A)(VI) AND (VIII), AND HAVE BEEN DETERMINED NOT TO BE PRIVATE FOUNDATIONS UNDER SECTIONS 509(A)(1) AND (3), RESPECTIVELY. THE ORGANIZATIONS ARE ANNUALLY REQUIRED TO FILE A RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) WITH THE IRS. IN ADDITION, THE ORGANIZATIONS ARE SUBJECT TO INCOME TAX ON NET INCOME THAT IS DERIVED FROM BUSINESS ACTIVITIES THAT ARE UNRELATED TO ITS EXEMPT PURPOSES. EACH ORGANIZATION HAS DETERMINED IT IS NOT SUBJECT TO UNRELATED BUSINESS INCOME TAX AND HAS NOT FILED AN EXEMPT ORGANIZATION BUSINESS INCOME TAX RETURN (FORM 990-T) WITH THE IRS. EACH ORGANIZATION BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE ORGANIZATIONS WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. THE TAX CREDIT IS ORGANIZED AS A NONPROFIT SINGLE MEMBER ARIZONA LIMITED LIABILITY COMPANY. THE TAX CREDIT'S SOLE MEMBER IS YMCA, AND AS A RESULT, IS TREATED AS A DISREGARDED ENTITY FOR TAX PURPOSES. AS SUCH, THE TAX CREDIT IS NOT REQUIRED TO FILE AN ANNUAL TAX RETURN AT THIS TIME. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 7,415. PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANT & ASSISTANCE EXPENSES 527,248. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENTS 7,415. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANT & ASSISTANCE EXPENSES 527,248. 1 SCHOLARSHIP (PROG SERVICES/FAMILY & YOUTH DEVELOPMENT) 331 40033 SCHOLARSHIP (CHILD CARE & DAY CAMP) 428 107729 SCHOLARSHIP (HEALTH AND WELLNESS) 3251 81441 SCHOLARSHIP (RESIDENT CAMP & OUTDOOR EDUCATION) 356 298045 PART I, LINE 2: THE YMCA GAVE OUT FINANCIAL ASSISTANCE TO INDIVIDUALS. THE PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS IN THE U.S. ARE NOT APPLICABLE TO THEM. X X X X X 0 0 0 0 0 0 0 0 0 KURTIS DAWSON PRESIDENT/CEO 245693 0 0 0 0 0 29483 0 6723 0 281899 0 0 0 CATHY SCHEIRMAN CFO 131603 0 0 0 0 0 15692 0 6421 0 153716 0 0 0 FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: THE Y IS FOR YOUTH DEVELOPMENT: WE BELIEVE THAT ALL KIDS DESERVE THE OPPORTUNITY TO DISCOVER WHO THEY ARE AND WHAT THEY CAN ACHIEVE. THAT'S WHY OVER 8,905 YOUTH ARE DEVELOPING THE VALUES, SKILLS AND RELATIONSHIPS THAT LEAD THEM TO POSITIVE BEHAVIORS, BETTER HEALTH AND EDUCATIONAL ACHIEVEMENT. THE Y IS FOR HEALTHY LIVING: IN SOUTHERN ARIZONA AND AROUND THE NATION, THE Y IS THE LEADING VOICE ON HEALTH AND WELL-BEING. WITH A MISSION CENTERED ON BALANCE, THE Y BRINGS FAMILIES CLOSER TOGETHER, ENCOURAGES GOOD HEALTH AND FOSTERS CONNECTIONS THROUGH FITNESS, SPORTS, FUN AND SHARED INTERESTS. AS A RESULT, ONE IN 5 PIMA COUNTY RESIDENTS IS TOUCHED BY A Y PROGRAM, WITH OPPORTUNITIES FOR THE SUPPORT, GUIDANCE AND RESOURCES NEEDED TO ACHIEVE GREATER HEALTH AND WELL-BEING FOR ALL. THE Y IS FOR SOCIAL RESPONSIBILITY: THE Y IN SOUTHERN ARIZONA HAS BEEN LISTENING AND RESPONDING TO OUR COMMUNITIES' MOST CRITICAL SOCIAL NEEDS SINCE 1914. WHETHER DEVELOPING SKILLS, STRENGTHENING FAMILIES OR PROMOTING HEALTH AND WELL-BEING, THE Y FOSTERS THE CARE AND RESPECT ALL PEOPLE NEED AND DESERVE. THROUGH THE Y, 532 PEOPLE VOLUNTEER THEIR TIME AND EXPERTISE, PROVIDING 11,714 HOURS OF SERVICE ANNUALLY. VOLUNTEERS, DONORS AND PARTNERS EMPOWER THOUSANDS OF PEOPLE TO BE HEALTHY, CONFIDENT, CONNECTED AND SECURE. OUR ORGANIZATIONAL PRINCIPLES ARE TO: - SERVE AS A CATALYST IN ADDRESSING CRITICAL COMMUNITY ISSUES AND PURSUE COLLABORATION WITH OTHERS FOR THE COMMON GOOD. - ATTRACT AND DEVELOP THE POTENTIAL OF DIVERSE STAFF, VOLUNTEERS AND MEMBERS THAT REFLECT AND FOSTER OUR LOCAL AND GLOBAL COMMUNITIES. - FUND PROGRAMS AND SERVICES THROUGH A BALANCE OF CONTRIBUTED SUPPORT AND AFFORDABLE MEMBERSHIP AND PROGRAM FEES. - PROVIDE ACTIVITIES AND PROGRAMS THAT - SHAPE VALUES AND ENCOURAGE COMMUNITY SERVICE AMONG YOUTH - STRENGTHEN FAMILIES - PROMOTE HEALTH AND WELL-BEING - FOSTER SOCIAL RESPONSIBILITY GIVE. JOIN. ADVOCATE. VOLUNTEER. THE Y HAS SOMETHING FOR EVERYONE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS SENT TO EACH FINANCE COMMITTEE MEMBER TO REVIEW BEFORE FILING. EACH COMMITTEE MEMBER IS ASKED TO REVIEW AND SUBMIT QUESTIONS/COMMENTS TO CFO THAT WILL BE ADDRESSED BEFORE FINALIZING THE RETURN. THE FORM 990 IS DISCUSSED AND MADE AVAILABLE TO ALL BOARD MEMBERS ONCE THE FINANCE COMMITTEE MEMBERS APPROVE THE FINAL COPY AND BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS REVIEW AND UPDATE THE CONFLICT OF INTEREST POLICY AS NEEDED. CONFLICT OF INTEREST FORMS ARE GIVEN TO EACH BOARD MEMBER ANNUALLY TO REVIEW, UPDATE AND SIGN. THESE FORMS ARE REVIEWED BY STAFF AND KEPT ON FILE. THE POLICY ALSO REQUIRES BOARD MEMBERS TO DISCLOSE ANY CONFLICTS THROUGHOUT THE YEAR THAT MAY ARISE. FORM 990, PART VI, SECTION B, LINE 15 PRESIDENT/CEO IS HIRED BY THE BOARD AND REPORTS TO BOARD. WE REVIEWED OUR CEO'S SALARY AND BENEFITS WITH OTHER NON-PROFIT CEO'S SALARY AND BENEFITS IN THE TUCSON AREA OF COMPARABLE BUDGET SIZE. WE ALSO COMPARED THIS SALARY WITH CEO POSITIONS OF SIMILAR SIZED YMCAS ACROSS THE COUNTRY. CURRENTLY, OUR CEO'S SALARY IS BETWEEN THE 50 AND 75 PERCENTILE WHEN COMPARED TO YMCAS OF SIMILAR BUDGET SIZE. WHEN USING DATA FROM THE SULLIVAN COTTER SURVEY OUR CEO SALARY IS BETWEEN THE 25 AND 50 PERCENTILE. THE CURRENT CEO COMPENSATION IS WITHIN THE CURRENT RANGES ESTABLISHED IN THE SALARY ADMINISTRATION PLAN APPROVED BY YMCA OF SOUTHERN ARIZONA IN JANUARY 1992 (MODIFIED HAY PLAN). CFO IS HIRED BY THE CEO AND REPORTS TO THE CEO. WE REVIEWED OUR CFO'S SALARY AND BENEFITS WITH OTHER NON-PROFIT CFO'S SALARY AND BENEFITS IN THE TUCSON AREA OF COMPARABLE BUDGET SIZE. WE ALSO COMPARED THIS SALARY WITH CFO POSITIONS OF SIMILAR SIZED YMCAS ACROSS THE COUNTRY. CURRENTLY, OUR CFO'S SALARY IS BETWEEN THE 25 AND 50 PERCENTILE WHEN COMPARED TO YMCAS OF SIMILAR BUDGET SIZE. WHEN USING DATA FROM THE SULLIVAN COTTER SURVEY OUR CFO SALARY IS BETWEEN THE 25 AND 50 PERCENTILE. THE CURRENT CFO COMPENSATION IS WITHIN THE CURRENT RANGES ESTABLISHED IN THE SALARY ADMINISTRATION PLAN APPROVED BY YMCA OF SOUTHERN ARIZONA IN JANUARY 1992 (MODIFIED HAY PLAN). FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE ORGANIZATION DID NOT CHANGE ITS OVERSIGHT OR SELECTION PROCESSES DURING THE CURRENT YEAR. YMCA TAX CREDIT FUND LLC P O BOX 1111 TUCSON AZ 857021111 812159824 QUALIFYING CHARITABLE ORGANIZATION FOR ARIZONA RESIDENTS' TAX CREDITS. AZ 26174 199025 YMCA OF SOUTHERN ARIZONA THE YMCA FOUNDATION OF SOUTHERN ARIZONA PO BOX 1111 TUCSON AZ 857021111 860326724 TO BENEFIT THE YMCA OF SOUTHERN ARIZONA AND HELP SUPPORT THEIR MISSION AZ 501 (C)(3) SUPPORTING ORG N/A 1 0 0 1 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 THE YMCA FOUNDATION OF SOUTHERN ARIZONA C 232232 CASH CONTRIBUTION RECEIVED