2025-06-09T08:16:55-05:00 2024-12-31 030327374 MCSOLEY MCCOY & CO 118 TILLEY DRIVE STE 202 SOUTH BURLINGTON VT 05403 990 2024-01-01 474761347 GREATER BURLINGTON YMCA FOUNDATION INC (6663-SO1) GREA 8026528179 298 COLLEGE STREET BURLINGTON VT 05401 DANIEL SMITH PRESIDENT 8026528179 2025-06-03 1 0 CONNIE FELLION P01875413 8026581808 2025-06-02 2024 2025-03-06 01:10:19Z DANIEL SMITH 298 COLLEGE STREET BURLINGTON VT 05401 305141 0 X N/A X 2015 VT SUPPORT THE GREATER BURLINGTON YMCA INCLUDING LEASING OF PROPERTY TO THE GBYMCA. 4 3 0 5 0 0 0 0 0 0 22943 28141 277000 277000 299943 305141 0 0 0 0 0 0 0 0 2148 973483 942545 973483 942545 -673540 -637404 23847208 23143361 26578464 26512021 -2731256 -3368660 THE MISSION OF THE ORGANIZATION IS TO SUPPORT THE GREATER BURLINGTON YMCA IN ALL WAYS POSSIBLE. THIS INCLUDES THE PURCHASE OF PROPERTY AND LEASE OF THAT PROPERTY TO THE GREATER BURLINGTON YMCA. 0 0 547832 277000 THE GREATER BURLINGTON YMCA FOUNDATION (GBYMCAF) IS A SUPPORTING ORGANIZATION OF THE GREATER BURLINGTON YMCA (GBYMCA) WHOSE MISSION IS TO "BUILD A STRONG COMMUNITY BY INVOLVING YOUTHS, ADULTS, AND FAMILIES IN PROGRAMS AND ACTIVITIES THAT DEVELOP SPIRIT, MIND, AND BODY." GBYMCAF RECEIVED A TRANSFER OF REAL PROPERTY FROM THE GBYMCA IN 2015 AND SECURED 'NEW MARKETS TAX CREDIT' FINANCING IN DECEMBER 2018 FOR CONSTRUCTION OF A NEW FACILITY AT 298 COLLEGE STREET. CONSTRUCTION BEGAN IN OCTOBER 2018 AND WAS COMPLETED ON JANUARY 2, 2020. 547832 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 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 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X THE ORGANIZATION 8026528179 298 COLLEGE STREET BURLINGTON VT 05401 KYLE DODSON PRESIDENT (THRU 1/24) 1.00 39.00 X X 0 157650 541 MARSHA FARYNIARZ INTERIM PRESIDENT (2/24 - 11/24) 1.00 39.00 X X 0 209035 3933 DANIEL SMITH PRESIDENT (START 12/24) 1.00 39.00 X X 0 33230 0 LISA VENTRISS DIRECTOR (END 03/24) 1.00 X 0 0 0 PENROSE JACKSON DIRECTOR (END (03/24) 1.00 X 0 0 0 RENEE BOURGET-PLACE DIRECTOR (START 03/24) 1.00 X 0 0 0 KATIE HAWLEY DIRECTOR (START 03/24) 1.00 X 0 0 0 PHIL DANIELS DIRECTOR (START 03/24) 1.00 X 0 0 0 0 399915 4474 0 0 1 0 0 28141 28141 277000 0 277000 277000 277000 305141 277000 0 28141 1600 1600 239780 239780 591873 547832 41893 2148 BANK FEES 109292 109292 942545 547832 392565 2148 442222 419684 343087 253651 25429201 2959175 23061899 22470026 23847208 23143361 23902950 23902950 2675514 2609071 26578464 26512021 X -2731256 -3368660 -2731256 -3368660 23847208 23143361 -637404 0 X 0 1 X 1 0 X X X 1 GREATER BURLINGTON YMCA INC 030185810 10 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 2550157 2550157 22662680 2841347 19821333 216364 117828 98536 22470026 INTERCOMPANY LIABILITY 2609071 2609071 X PART X, LINE 2: THE FOUNDATION ANNUALLY FILES AN IRS FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, TAX RETURN IN THE U.S. FEDERAL JURISDICTION. THE FOUNDATION IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATION BY TAX AUTHORITIES FOR THE YEARS PRIOR TO DECEMBER 31, 2021. IN THE NORMAL COURSE OF BUSINESS, THE FOUNDATION IS SUBJECT TO EXAMINATION BY VARIOUS TAXING AUTHORITIES. ALTHOUGH THE OUTCOME OF TAX AUDITS IS ALWAYS UNCERTAIN, THE MANAGEMENT OF THE FOUNDATION BELIEVES THERE ARE NO SIGNIFICANT UNRECOGNIZED TAX LIABILITIES AT DECEMBER 31, 2024 AND 2023. 1 0 0 0 0 0 0 0 0 MARSHA FARYNIARZ INTERIM PRESIDENT (2/24 - 11/24) 0 209035 0 0 0 0 0 3933 0 0 0 212968 0 0 KYLE DODSON PRESIDENT (THRU 1/24) 0 19517 0 0 0 138133 0 541 0 0 0 158191 0 0 PART I, LINE 3 TOP MANAGEMENT OFFICIAL IS COMPENSATED BY A RELATED ORGANIZATION DETERMINED AS FOLLOWS: Y-USA RELEASES GUIDELINES EACH YEAR WHICH LIST A SALARY RANGE SUGGESTION FOR TOP MANAGEMENT OFFICIALS BASED ON ORGANIZATION SIZE AND OTHER RELATED FACTORS. ADDITIONALLY, A COMPENSATION STUDY USING THE HAY SCALE WAS CONDUCTED FOR THE ROLE AND THE RANGE WAS VERIFIED IN AGREEMENT WITH THE Y-USA SALARY RANGE SUGGESTIONS. THE EXECUTIVE COMMITTEE AND BOARD REVIEWS THE STRATEGIC PLAN, ORGANIZATION ASSESSMENT AND NEEDS OF THE ORGANIZATION TO SET GOALS FOR THE TOP MANAGEMENT OFFICIAL AND DETERMINE AN ANNUAL SALARY WITHIN THE RANGE PROVIDED, BASED ON GOALS AND PERFORMANCE. PART I, LINE 4A KYLE DODSON RECEIVED A SEVERANCE PAYMENT OF $138,133 IN 2024 FROM A RELATED ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11B THE FINANCE COMMITTEE REVIEWS IN DETAIL ON BEHALF OF THE BOARD. THE FINANCE COMMITTEE THEN MOVES TO BRING THE RETURNS TO THE FULL BOARD FOR BOARD REVIEW AND APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C GBYMCA CONFLICT OF INTEREST POLICY APPLIES TO GBYMCA FOUNDATION. SURVEY SENT ANNUALLY TO EACH BOARD MEMBER AND REVIEWED BY THE CEO. CEO DISCLOSES ANY CONFLICT TO THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15 THE ORGANIZATION HAS NO EMPLOYEES AND DOES NOT COMPENSATE ANY OFFICERS OR DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND ANNUAL TAX RETURN ARE AVAILABLE UPON REQUEST. GREATER BURLINGTON YMCA INC 266 COLLEGE ST BURLINGTON VT 05408 030185810 HUMAN SERVICES VT 501(C)(3) LINE 10 N/A 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 0 0 0 0 GREATER BURLINGTON YMCA INC E 2609071 COST GREATER BURLINGTON YMCA INC J 277000 FMV