2025-06-16T21:08:38+00:00 2024-12-31 350921680 CROWE LLP 9600 Brownsboro Road Suite 400 Louisville KY 402413902 990 2024-01-01 825418160 YMCA Real Estate Corporation YMCA 3172669622 6610 NORTH SHADELAND AVE Indianapolis IN 46220 Randall Bordeau Sr VP of Finance & CFO 2025-06-17 true RACHEL SPURLOCK P00520729 5023263996 2025-06-17 2024 2025-03-06 01:10:19Z Randall Bordeau 6610 NORTH SHADELAND AVE Indianapolis IN 46220 621480 false X N/A X 2018 IN THE YMCA REAL ESTATE CORPORATION WAS ORGANIZED FOR THE PURPOSES OF CONSTRUCTION AND OPERATION OF THE ORTHOINDY FOUNDATION YMCA LOCATED IN PIKE TOWNSHIP, INDIANA. 3 3 0 3 0 0 613478 613478 8720 8002 0 622198 621480 0 0 0 0 0 701772 701772 701772 701772 -79574 -80292 17632166 17551874 17540000 17540000 92166 11874 THE YMCA REAL ESTATE CORPORATION WAS ORGANIZED FOR THE PURPOSES OF CONSTRUCTION AND OPERATION OF THE ORTHOINDY FOUNDATION YMCA LOCATED IN PIKE TOWNSHIP, INDIANA. false false 701772 613478 Real estate for the purpose of construction and operation of the OrthoIndy Foundation YMCA. 701772 false false false false false false false false false false true false false true false true false true false false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false false true 0 0 0 false false false false false false false false X 3 3 false false false false true true true true true false false false true true true true true true false false false false IN X Randall Bordeau 3172669622 6610 SHADELAND AVE Indianapolis IN 46220 Byron L Myers Chair 1.0 X X 0 0 0 Joseph E Whitsett Vice Chair 1.0 X X 0 0 0 Michael W Wells Secretary/Treasurer 1.0 X X 0 0 0 Gregg A Hiland President & CEO 1.0 40.0 X 0 290579 44816 Michael Farris Jr Senior Vice President & COO 1.0 40.0 X 0 175688 48165 Randall Bordeau Senior Vice President & CFO 1.0 40.0 X 0 190140 51256 0 656407 144237 0 false false false 0 0 0 0 0 0 0 0 Healthy Living 613478 613478 Social Responsibility 0 0 Youth Development 0 0 0 0 0 0 613478 8002 8002 0 0 0 0 0 0 0 0 0 0 621480 613478 0 8002 0 0 5000 5000 0 0 0 0 175400 175400 0 0 0 0 426372 426372 Bank charges 20000 20000 Asset Management Fee 75000 75000 0 0 0 0 701772 701772 0 0 498944 424547 0 0 0 0 75000 75000 17087849 2593428 14920791 14494421 0 0 2137431 2557906 17632166 17551874 0 0 0 0 17540000 17540000 0 0 0 0 17540000 17540000 X 92166 11874 0 0 92166 11874 17632166 17551874 -80292 0 X false true true false 33070 33070 17054779 2593428 14461351 14494421 Due from YMCA of Greater Indianapolis 2557906 2557906 0 X 621480 0 0 621480 0 0 621480 701772 0 0 701772 0 0 701772 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote The YMCA Real Estate Corporation is exempt from income taxes under Section 501(c)(2) of the Internal Revenue Code. Accordingly, no provision for federal or state income taxes has been made. Current accounting standards require that the filing organization disclose the amount of potential benefit or obligation to be realized as a result of an examination performed by a taxing authority. For the year ended December 31, 2024, management has determined the filing organization does not have any tax positions that result in any uncertainties regarding the possible impact on the financial statements. The filing organization does not expect the total amount of unrecognized tax benefits to significantly change in the next 12 months. The filing organization recognizes interest and/or penalties related to income tax matters in income tax expense. The filing organization did not have any amounts accrued for interest and penalties at December 31, 2024. Form 990, Part VI, Line 15a COMPENSATION DETERMINATION/REVIEW/APPROVAL THE CEO, CFO, AND COO ARE EMPLOYEES OF THE YMCA OF GREATER INDIANAPOLIS. THEIR COMPENSATION DETERMINATION/REVIEW/APPROVAL PROCESS IS MAINTAINED WITHIN THAT ORGANIZATION. THEREFORE, PER IRS INSTRUCTION, THE ANSWER TO PART VI, LINE 15A IS MARKED "NO". IN ADDITION, LINE 15B IS ALSO MARKED "NO" DUE TO THE FACT THAT THE FILING ORGANIZATION HAS NO OTHER EMPLOYEES. Form 990, Part VI, Line 1a Delegate broad authority to a committee THE BOARD OF DIRECTORS MAY FROM TIME TO TIME CREATE AND APPOINT STANDING, SPECIAL OR OTHER COMMITTEES TO UNDERTAKE STUDIES, MAKE RECOMMENDATIONS AND CARRY ON FUNCTIONS FOR THE PURPOSE OF EFFICIENTLY ACCOMPLISHING THE PURPOSES OF THE CORPORATION. COMMITTEES, TO THE EXTENT SPECIFIED BY THE BOARD OF DIRECTORS, MAY EXERCISE THE POWERS, FUNCTIONS OR AUTHORITY OF THE BOARD OF DIRECTORS, EXCEPT WHERE PROHIBITED BY LAW; PROVIDED, HOWEVER, THAT IF A COMMITTEE IS TO EXERCISE BOARD POWERS, FUNCTIONS, OR AUTHORITY, (A) ALL THE PERSONS SERVING ON THE COMMITTEE SHALL BE DIRECTORS, (B) THERE MUST BE A LEAST TWO (2) PERSONS ON THE COMMITTEE, AND (C) THE CREATION OF THE COMMITTEE AND THE APPOINTMENT OF ITS MEMBERS SHALL BE A MAJORITY OF ALL DIRECTORS IN OFFICE WHEN ACTION IS TAKEN. Form 990, Part VI, Line 6 Classes of members or stockholders YMCA REAL ESTATE CORPORATION SHALL HAVE ONLY ONE MEMBER. THE SOLE MEMBER OF THE CORPORATION IS THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF GREATER INDIANAPOLIS. THE MEMBER SHALL HAVE THE RIGHTS AND PRIVILEGES OF MEMBERS OF CORPORATIONS AS ARE PROVIDED UNDER THE INDIANA NONPROFIT ACT OF 1991. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE SOLE MEMBER OF THE CORPORATION IS THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF GREATER INDIANAPOLIS. THE MEMBER APPOINTS THE BOARD OF DIRECTORS. THE MEMBER CAN ALSO REMOVE ANY DIRECTOR WITH OR WITHOUT CAUSE. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders THE BOARD OF DIRECTORS MAY DESIGNATE EXECUTIVE OFFICERS OF THE CORPORATION AND DELEGATE AUTHORITY TO SUCH OFFICERS IN ORDER TO EFFECTUATE THE OPERATIONS AND MANAGEMENT OF THE CORPORATION AND TO SIGN, EXECUTE AND ATTEST TO AGREEMENTS AND ANY OTHER DOCUMENTS, AS REQUIRED, BY THE CORPORATION. THE ACTIONS OF SUCH OFFICERS, WHEN DULY AUTHORIZED, SHALL CONSTITUTE THE ACTIONS OF THE CORPORATION. THE BOARD OF DIRECTORS HAVE DESIGNATED THE CEO, CFO AND COO OF THE YMCA OF GREATER INDIANAPOLIS TO ALSO BE THE CEO, CFO AND COO OF THE FILING ORGANIZATION. Form 990, Part VI, Line 11b Review of form 990 by governing body The Form 990 is distributed to all members of the governing body for review and comments. This entire process takes place before the filing of the return. Form 990, Part VI, Line 12c Conflict of interest policy The conflict of interest policy covers all volunteers and officers. Policy volunteers on the board of directors and officers are required to update and sign the disclosure statement annually. The Sr. Vice President/CFO reviews the volunteer disclosure statements and prepares the list of conflict of interest transactions for review by the Board of Directors. The Board of Directors is made aware of the process and the list is reviewed by senior leadership and provided to the Board upon request. Persons with a conflict of interest are prohibited from participating in all deliberations and decisions surrounding the identified potential conflict of interest transaction. Form 990, Part VI, Line 19 Required documents available to the public The organization makes it governing documents, audited financial statements and conflict of interest policy available to the public upon request. Form 990, Part VIII, Line 2f Other Program Service Revenue - Total Revenue: , Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; - Total Revenue: , Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; YMCA of Greater Indianapolis 6610 N Shadeland Ave Indianapolis IN 46220 350868211 COMMUNITY HEALTH IN 501(c)(3) 10 NA false false false false false false false false false false true false false false true true false false false false