Share |

YMCA of the North Shore, Inc.

 245 Cabot Street
 Beverly, MA 01915
[P] (978) 922-0990 x 1106
[F] (978) 922-7602
https://www.northshoreymca.org/
[email protected]
Amber Redmond
Facebook Twitter
INCORPORATED: 1858
 Printable Profile (Summary / Full)
EIN 04-2104913

LAST UPDATED: 04/20/2017
Organization DBA Plaistow Community YMCA
Greater Beverly YMCA
Salem YMCA
Haverhill YMCA
Cape Ann YMCA
Former Names Lynch/van Otterloo YMCA (2008)
Haverhill YMCA (2006)
Ipswich Family YMCA (1999)
Greater Beverly YMCA (1989)
Salem YMCA (1858)
Cape Ann YMCA (1858)
Organization received a competitive grant from the Boston Foundation in the past five years No

Summary

Mission StatementMORE »

Our Y welcomes all. We strengthen communities, educate and nurture children, and promote healthy living in spirit, mind and body.

The Y: We're for youth development, healthy living and social responsibility

Mission Statement

Our Y welcomes all. We strengthen communities, educate and nurture children, and promote healthy living in spirit, mind and body.

The Y: We're for youth development, healthy living and social responsibility

FinancialsMORE »

Fiscal Year Jan 01, 2016 to Dec 31, 2016
Projected Income $37,800,000.00
Projected Expense $37,300,000.00

ProgramsMORE »

  • Affordable Child Care
  • Affordable Housing
  • Day Camp
  • Health & Wellness Programs
  • Various Programs for all ages

Revenue vs. Expense ($000s)

Expense Breakdown 2014 (%)

Expense Breakdown 2013 (%)

Expense Breakdown 2012 (%)

For more details regarding the organization's financial information, select the financial tab and review available comments.


Overview

Mission Statement

Our Y welcomes all. We strengthen communities, educate and nurture children, and promote healthy living in spirit, mind and body.

The Y: We're for youth development, healthy living and social responsibility

Background Statement

Incorporated in 1858, the YMCA of the North Shore is comprised of seven independent YMCAs that merged, over time, to consolidate resources and maximize services into one corporate YMCA structure.  We serve  25 communities on the North Shore and in southern New Hampshire. Additionally, the YMCA of the North Shore operates 3 free-standing youth & teen centers, seven current affordable housing developments; and six camp facilities. 
     Of the 65,000 North Shore children, adults, and families that we serve, nearly 50,000 are active YMCA members. The remaining are those within our communities that count on and embrace our YMCA programming as community participants.
     At the Y, our staff members are mission-minded, and our programs are mission-driven. This is evident in our to efforts keep membership and programming affordable for all, regardless of income or socioeconomic status. In 2014, approximately one out of every five YMCA members participated thanks to our Y Financial Assistance Fund. We gave away approximately $2.65 million in scholarships to approximately 13,000 people. This is possible thanks to the generous support of more than 3,000 donors, businesses, foundations, and the United Way. Folks who receive financial assistance qualify under stringent guidelines and would not be able to afford Y membership without the assistance.
     Although we have come a long way since retired sea captain Thomas Sullivan started the first U.S-based YMCA in Boston in 1851, we still aim to be an organization that meets the needs of our communities.  We have remained true to being a safe place to gather, a shelter for the homeless, a friend of the needy, and an advocate for physical health and well-being.  We have grown from men-only to an all-inclusive organization that does not discriminate for any reason.  Today, half of all YMCA members and program members are female, and half are under age 18.
     The YMCA is a place where ALL belong.

Impact Statement

2015 Accomplishments

In 2015, the YMCA of the North Shore served 65,000 people and gave away $3.8 million in scholarships and no-cost programs.  One of every five people we serve qualifies for financial assistance.  We are committed to our financial assistance program because everyone deserves the Y, and we want it to be a place where ALL belong.  

In 2015, the Y expanded its Summer Learning Loss Prevention program, serving more than 300 children in four communities. Nearly all of those children maintained or increased reading levels.   
 
 In 2015, the Ipswich YMCA met its capital campaign goal and began expansion of its facility, adding an outdoor pool and splash playground as well.  
 
The YMCA of the North Shore proudly announces its 2016 Strategic Initiatives:
We will enhance our approach to youth and teen skill development to prepare young people for success in school and career.
We will champion the fight to reverse the obesity epidemic in our communities; elevating well-being, prevention, and health maintenance as a community.
We will help people improve their health and well-being, particularly those facing health challenges: chronic disease, mental health issues, and substance use disorders.
We will provide experiences which strengthen relationships and sense of belonging, improving self-worth and reducing social isolation in teens and adults.
We will provide opportunities to those who struggle financially for quality housing, academic success, nutritious foods, and activities that build healthy spirits, minds, and bodies.
 
 
 
 

Needs Statement

Financial Assistance

The YMCA gives away more than $2.65 million in membership and program scholarships to more than 14,000 deserving individuals who would not otherwise be able to afford Y programs/services. Additionally, we offer more than $1.5 million in no-cost programming for the betterment of the 25 communities we serve. We must increase our fundraising efforts to maintain this valuable program for those in need.

Focus on Chronic Health Prevention and Aging Population Needs

The Y is emphatically focused on youth development, healthy living and social responsibility. We are recognized experts in youth development and our mission focuses on social responsibility. We must expand our scope of work for a healthier North Shore. In addition to financial resources, we will seek partners who share our vision and can provide expertise and support in achieving this work. A primary focus in 2016 will be creating new healthy living initiatives.

Focus on Reducing the Achievement Gap

In 2015, we saw significant success in our Summer Learning Loss Prevention programs. On average, students in our programs gained 1 month of summer learning, as opposed to losing 2 months, which is typical for low-income children. This is amazing progress but we realize that we must increase our impact in this area. We will continue our SLLP programs with a focus on increased fundraising with a goal of serving more children.


CEO Statement

Although the YMCA of the North Shore is part of large international charitable organization with a strong and storied history, we have purposefully maintained a“Main Street” culture in all the communities we serve. “Main Street” historically is where the community gathers to make friends, get involved, and work together to better the community. “Main Street” has always been the center of all community life, where our commonalities - and even our differences – are shared and celebrated. Our YMCAs are communities where young and old gather, play, share, learn, communicate and, most importantly, it’s where all belong.

Our Y is a leader in youth development, a pioneer in healthy living, and a catalyst for social responsibility. The YMCA of the North Shore maintains seven YMCA facilities in seven North Shore cities, serving a total of 25 communities. We operate:

·        8 Youth & Teen Centers, providing teens a safe and nurturing place to be after school and on weekends;

·        9 affordable housing communities, giving 385 people a place to call home;

·        Infant, toddler, and preschool centers in five communities, giving families an affordable option for high-quality childcare;

·        A wide range of afterschool care to all of the communities we serve;

·        A Creative Arts Center with a full range of arts education options for youth and teens;

·        6 licensed youth camps, offering traditional camping experience as well as a multitude of specialty camps for all ages and interests;

We also offer:

·        Aquatics programs for all ages and skill levels, from infant swim lessons to senior aerobics and competitive swim teams;

·        an array of health and wellness programming for all ages … there is something for everyone;

·        service-learning and volunteer opportunities for teens and adults;

·        youth sports and recreation options to meet all levels of ability;

·        adult leagues for friendly competition and camaraderie;

·        health and fitness options for all ages and abilities from low-impact groups to high-intensity personal training;

·        wellness programming for all ages, focusing on obesity and diabetes prevention to osteoporosis and high-blood-pressure screening;

·        a generous financial assistance program serving over 10,000 different individuals annually, giving everyone the opportunity to join the Y, regardless of income.

We are a mission-driven organization committed to the values of caring, honesty, respect and responsibility. Our YMCA provides all children, adults, and families, regardless of income, with opportunities to develop a healthy spirit, mind and body. We are the Y. 


Board Chair Statement

It is an honor and a privilege to be President of the Board of Directors of the YMCA of the North Shore. The Y is a strong and financially stable organization recognized as an effective community leader. We have a dedicated Board of Directors that is active in and supportive of the Y. 

The YMCA of the North Shore adheres to the national standards of the YMCA of the USA, yet maintains the feel of a community-based organization in each of the six towns we are located. Our Y upholds the highest standards in maintaining its mission of providing all children, adults, and families, regardless of income, with opportunities to develop a healthy spirit, mind and body. Committed to the values of caring, honesty, respect and responsibility, we are for youth development, healthy living, and social responsibility.

Perhaps the most impressive and convincing aspect of the YMCA of the North Shore is its commitment to making the Y a place where all belong.As one of the key priorities of our Strategic Plan, our Board of Directors voted unanimously to commit to making the organization a “Y for ALL.” Despite the tough economics of the last couple of years, that commitment has remained steadfast. Nearly one in five members receives financial assistance.In 2015, that translated to $2.65 million in financial assistance for memberships and programs so that all could participate in YMCA programs and facilities.  Additionally, the Y offered $1.5 million in no-cost programs.

The YMCA of the North Shore is a fiscally sound organization, operating under a $38 million balanced budget. Comprised of seven local YMCAs, the YMCA of the North Shore serves more than 65,000 people in 25 communities North of Boston, MA.


Geographic Area Served

In a specific U.S. city, cities, state(s) and/or region.
NORTHEAST REGION, MA

The YMCA of the North Shore is an association of 7 YMCAs serving 25 communities: Amesbury, Atkinson (NH), Beverly, Essex, Georgetown, Gloucester, Groveland, Hamilton, Haverhill, Ipswich, Manchester-by-the-Sea, Marblehead, Merrimac, Newbury, Newburyport, Newton (NH), Plaistow (NH), Rockport, Rowley, Salem, Salisbury, Swampscott, Wenham & West Newbury.

Organization Categories

  1. Youth Development - Youth Development Programs
  2. Recreation & Sports - Physical Fitness/Community Recreational Facilities
  3. Housing, Shelter - Low-Income & Subsidized Rental Housing

Independent research has been conducted on this organization's theory of change or on the effectiveness of this organization's program(s)

No

Programs

Affordable Child Care

We offer child care services for infants through school age at many locations throughout the North Shore
Budget  $5,000,000.00
Category  Education Early Childhood Education
Population Served Children and Youth (infants - 19 years.)
Program Short-Term Success 
We offer parents an affordable option for high-quality child care services, including After School care.    
Program Long-Term Success  We are laying the foundation for N. Shore children to learn, grow and thrive in a caring environment. Our program for infants through school-age children is centered around the core values of caring, honesty, respect and responsibility.
Program Success Monitored By 
Our programs are licensed by the Commonwealth of MA. Many of our programs are accredited by the NAEYC and the others are in different stages of accreditation. We administer twice-yearly surveys to parents. We employ a FT Education Success Specialist to oversee all sites, ensure curriculum alignment and oversee accreditation.      
Examples of Program Success 
We have received good licensing and accreditation reviews.  We earn high marks from satisfied parents.         

Affordable Housing

The YMCA of the North Shore offers affordable housing for families in Beverly and Ipswich, as well as affordable housing for single adults in Beverly, Ipswich, Gloucester, and Haverhill.
Budget  $1,000,000.00
Category  Housing Affordable Housing
Population Served Poor/Economically Disadvantaged, Indigent, General
Program Short-Term Success  --
Program Long-Term Success 
The Y has been offering single-room-housing on the North Shore since its foundation in 1858. In a region where housing is not affordable for all, we continue to meet the needs of low-income families and individuals.
Program Success Monitored By  --
Examples of Program Success  --

Day Camp

We offer summer camping opportunities for children and youth of all ages. Our camps range from traditional day camp to specialty camps, including adventure programming, cooking, gymnastics, sports, and a variety of other options. 
Budget  $2,000,000.00
Category  Youth Development, General/Other
Population Served Children Only (5 - 14 years)
Program Short-Term Success 
.
Program Long-Term Success 
The Y is a trusted source of summer programming for many parents and families. Some children come for select weeks, while others spend their entire summer with us. Our camp locations are very special and diverse -- from Marblehead's Children's Island to Haverhill's Camp Tricklin' Falls; from Cape Ann's Camp Spindrift to Beverly's Camp Sterling Woods, kids can experience sailing on the ocean or canoeing on the river; to mountain-biking, or archery.  Our camp choices are every kids dream for summer fun!
Program Success Monitored By 
.   
Examples of Program Success 
.

Health & Wellness Programs

The YMCA offers an array of health and wellness programming for all ages.  From infant swim lessons to senior aerobics, there is something for everyone.
Budget  .
Category  Recreation & Sports, General/Other Physical Fitness
Population Served Adults Families K-12 (5-19 years)
Program Short-Term Success 
.     
Program Long-Term Success 
.
Program Success Monitored By 
.
Examples of Program Success 
.

Various Programs for all ages

The YMCA offers programs and classes for all ages, including: aquatics; arts & humanities; youth sports; adult leagues; senior programming; aerobics for all levels; adventure programs; teen programming; service-learning opportunities; youth & family programs; field trips; and much more!
Budget  $10,000,000
Category  Youth Development, General/Other Youth Development, General/Other
Population Served General/Unspecified
Program Short-Term Success 
Our objectives are to meet the needs of our community in any way that we can by offering programs and facilities that promote youth development, healthy living, and social responsibility.  We strive to offer a "Main Street" feeling in each of our facilities -- where all belong and feel comfortable. 
Program Long-Term Success 
All of our programs are designed to promote the Y's values of honesty, caring, respect and responsibility.  We do not discriminate for any reason, nor will we tolerate any forms of discrimination at our Ys. We are a community organization striving to meet the needs of ALL.  We're for: youth development, healthy living, and social responsibility.
Program Success Monitored By 
We monitor our success through membership retention, as well as participant evaluations.  We take our members' comments seriously and we continually strive to meet our members' needs and improve how we offer service.  We measure our youth programs in accordance with the Search Institute's 40 Developmental Assets.  We encourage youth empowerment and teen leadership, fostering YMCA involvement for a lifetime, as many of our employees are former "Y kids." 
   We set goals and measure outcomes for every program we offer, ensuring that we continually improve. Finally, in our quest to make our mission central to all that we do, we measure our success through fundraising and friend-raising.  To maintain our mission of making the Y a place where all belong, regardless of income, we partner with donors who care enough about their neighbors to make contributions so that those who cannot afford membership can receive financial assistance. 
Examples of Program Success 
In 2012, the YMCA of the North Shore offered financial assistance to more than 9,000 people in the amount of $2.2 million.  We retained nearly 45,000 members association-wide, and we remained to be the North Shore's leading provider of affordable childcare, affordable housing, and youth programming. 

CEO/Executive Director/Board Comments

North Shore communities face several significant challenges, as evidenced by studies conducted by Northeast Health Systems and the United Way. As a community leader, the YMCA strives to address these challenges, namely:

·        lack of affordable housing,

·        obesity among youth

·        prevalent health issues, including diabetes, heart disease and obesity among adults
The YMCA of the North Shore has advocated for affordable housing on the north shore for decades. We recently completed several projects for families and individual adults in Ipswich, Haverhill and Beverly, providing affordable housing to more than 450 people each day.
To reduce childhood obesity, the Y has implemented several significant programs to meet the needs of children and youth. Step it Up is a school-based program for fifth grade students. Fit-tastic Kids is an afterschool program for children and families at our Ys. Catch Kids Club is an afterschool program offered to students participating in YMCA Afterschool Programming. We also offer running clubs, fitness classes, youth recreation, and personal training. Perhaps the most innovative and impactful way we are addressing childhood obesity is through our community collaboration with Beverly Hospital, Beverly Public Schools, and other social-service agencies. Known as Be Healthy Beverly, this collaboration sought and created school policy changes regarding nutrition. Thanks to a Pioneering Healthier Communities grant on behalf of the YMCA,, Be Healthy Beverly installed fresh fruit and vegetable bars at five elementary schools so students would have access to fresh produce every school day.
In another collaborative effort, we are collaborating with Lahey Outpatient Center, Danvers to screen Y members at the Sterling YMCA (Beverly) for health risks, including, obesity, coronary artery disease, and diabetes. If identified as at-risk, members will be eligible to participate in 1:1 or group sessions tailored to their diagnosis. Beverly Hospital dietitians and YMCA fitness trainers will monitor participants.
In addition to these identified community issues, we are also addressing the lack of afterschool programming and in-school arts options for youth and teens. We are in the midst of establishing a Creative Arts Center at the Salem YMCA, which will be the hub of cultural activities and education for North Shore youth and teens. Each of our six Ys also offers a variety of youth and teen programming and maintains eight Teen Centers so teens have a safe, supervised place to spend their out-of-school time. 

Management


CEO/Executive Director Mr. Christopher J. Lovasco
CEO Term Start Jan 2015
CEO Email [email protected]
CEO Experience

Christopher (Chris) Lovasco is the Chief Executive Officer of the YMCA of the North Shore. He supervises 160 full-time staff, 1,400 part-time staff, and 3,400 volunteers; and is responsible for seven local YMCAs with 25 sites and nearly 50,000 members. He is responsible for management and administration of a $33 million budget. Mr. Lovasco supervises facility operations, member services and program development and implementation for all populations at these Ys. He oversees annual fundraising, endowment development and capital fundraising.

Mr. Lovasco has been employed by the YMCA of the North Shore since 1994, most notably as Chief Operating Officer from 2005 through 2014. He played a key role in the acquisition of the Rockingham Athletic Club in Plaistow, NH, which is now the Plaistow Community YMCA, the newest association member of the YMCA of the North Shore.  Mr. Lovasco was also instrumental in acquiring the Haverhill YMCA. As COO, it was Lovasco's dream to add performing arts to the Y's programs for North Shore students.  That dream was fulfilled with a successful capital campaign to restore Ames Hall to establish the YMCA of the North Shore Performing Arts Center at the Salem YMCA.  This venue houses the YMCA of the North Shore Theatre, which produces musical plays, giving youth and teens access to acting and singing lessons and opportunities.  Lovasco has also been instrumental in establishing and maintaining affordable housing for low-income residents of the North Shore. The Y manages affordable housing units in Beverly, Ipswich, Cape Ann and Haverhill for 515 residents. 

Co-CEO --
Co-CEO Term Start --
Co-CEO Email --
Co-CEO Experience --

Former CEOs and Terms

Name Start End
Mr. John J. Meany Jan 1993 Dec 2014

Senior Staff

Name Title Experience/Biography
Beth Francis Chief Development Officer --
Scott Hitchcock Chief Operating Officer --
Kevin McCarthy Chief Financial Officer --
Meegan O'Neil Chief Strategy and Marketing Officer --

Awards

Award Awarding Organization Year
-- -- --

Affiliations

Affiliation Year
Affiliate/Chapter of National Organization (i.e. Girl Scouts of the USA, American Red Cross, etc.) - Affiliate/chapter --
Chamber of Commerce --
United Way Member Agency --
Member of state association of nonprofits? Yes
Name of state association MA Alliance of YMCAs

External Assessments and Accreditations

External Assessment or Accreditation Year
-- --

Collaborations

North Shore United Way
United Way of Mass Bay/Merrimack Valley
All local school districts
All local governing bodies
Beverly Area Housing Coalition
MA State Represenatives
MA State Congressmen
MA Department of Education
MA Department of Health
Northeast Health Corporation
Beverly Hospital
Lahey Clinic
Salem Hospital
Merrimack Valley Hospital
Addison Gilbert Hospital
Local Public Libraries
Essex County Community Foundation
MA Dept of Early Education and Care
MA Dept of Elementary and Secondary Education
Local police departments
Beverly Bootstraps
Wellspring House
Local chapter, American Red Cross
Montserratt College of Art
Salem State University
Endicott College
Department of Children & Families
The Food Project
Open Door Food Pantry
Local Mayors' offices
Many local businesses
Many local foundations
Local Chambers of Commerce
Local Rotary chapters
Children's Friends and Family Services    

CEO/Executive Director/Board Comments

The Management Team of the YMCA of the North Shore consists of the Executive Directors of the association’s six local YMCAs, and key association personnel, including the CEO, the Chief Operating Officer, the Chief Financial Officer, the Chief Development Officer, Staff Development Director, and Information Technology Director. Each Executive Director reports to the COO, with all other reporting to the CEO. 

By merging these seven Ys together as one association (YMCA of the North Shore), our communities have benefited greatly. We share resources and administrative staff, including accounting, payroll, public relations & marketing, information systems, and financial development. As a larger association, we can also take advantage of bulk discounts and group purchasing when applicable.

Foundation Comments

--

Staff Information

Number of Full Time Staff 200
Number of Part Time Staff 1,400
Number of Volunteers 3,400
Number of Contract Staff 0
Staff Retention Rate % 75%

Staff Demographics

Ethnicity African American/Black: 24
Asian American/Pacific Islander: 4
Caucasian: 1,431
Hispanic/Latino: 54
Native American/American Indian: 0
Other: 1,575
Other (if specified): 60 multi racial
Gender Female: 1,049
Male: 516
Not Specified 0

Plans & Policies

Organization has Fundraising Plan? Yes
Organization has Strategic Plan? Yes
Years Strategic Plan Considers 5
Management Succession Plan Under Development
Business Continuity of Operations Plan No
Organization Policies And Procedures Yes
Nondiscrimination Policy Yes
Whistle Blower Policy No
Document Destruction Policy No
Directors and Officers Insurance Policy Yes
State Charitable Solicitations Permit Yes
State Registration No

Risk Management Provisions

--

Reporting and Evaluations

Management Reports to Board? Yes
CEO Formal Evaluation and Frequency Yes Semi-Annually
Senior Management Formal Evaluation and Frequency Yes Semi-Annually
Non Management Formal Evaluation and Frequency Yes Semi-Annually

Governance


Board Chair Mr. William J. Leaver
Board Chair Company Affiliation Koda Enterprises
Board Chair Term June 2016 - May 2019
Board Co-Chair --
Board Co-Chair Company Affiliation --
Board Co-Chair Term -

Board Members

Name Company Affiliations Status
Mr. Thomas J. Alexander Alexander & Femino Voting
Mr. Rick Alpern Single Source Marketing Voting
Dr. Gregg Bazylewicz Beverly Hospital Voting
Mr. Scott Beyer Oxford Global Resources Exofficio
Mr. Brian Bolcome Citizens Bank Voting
Ms. Jennifer Buras Community Volunteer Voting
Ms. Sheila Burke Keystone Management & Construction Voting
Ms. Marge Cregg Volunteer Voting
Mr. Joseph M Cunniff Jr Salesman Voting
Ms. Pam Demetroulakos Volunteer Voting
Mr. Robert Eastman Salem Five Savings Bank Voting
Ms. Rosemary French Community Volunteer Voting
Mr. Paul Gaucher Icon Group Inc. Voting
Mr. John L. Good III Danversbank/Peoples United Bank Voting
Ms. Mary Grant Community Volunteer Voting
Mrs. Courtney Kagan Community Volunteer Voting
Mr. Steven Kapfhammer North Shore Physicians Group Voting
Ms. Jeanne Lambkin Consultant Voting
Mr. William J. Leaver Koda Enterprises Voting
Mr. Jeff Loeb Esq. Rich May, PC Voting
Mr. Omar Longus Teacher Voting
Mrs. Michelle McCarthy Energi Inc. Voting
Dr. Maura McGrane Physician Voting
Mr. David McKechnie Beauport Financial Services Voting
Mr. Kim Meader Salem Five Savings Bank Voting
Mrs. Betsy Merry Merry Fox Realty Voting
Mr. Jon Park Beauport Financial Voting
Mr. Peter Richardson Jones Lang LaSalle Voting
Mrs. Kimberly Rock Institution for Savings Voting
Mr. Brandon Ruggieri Glovsky & Glovsky Voting
Mrs. Carol Townsend Community Volunteer Voting
Mrs. Nancy Warner Retired Voting
Mr. David Youngblood Youngblood Electric Co. Inc. Voting

Constituent Board Members

Name Company Affiliations Status
-- -- --

Youth Board Members

Name Company Affiliations Status
-- -- --

Advisory Board Members

Name Company Affiliations Status
-- -- --

Board Demographics

Ethnicity African American/Black: 1
Asian American/Pacific Islander: 1
Caucasian: 31
Hispanic/Latino: 0
Native American/American Indian: 0
Other: 0
Other (if specified): 0
Gender Female: 14
Male: 19
Not Specified 0

Board Information

Board Term Lengths 3
Board Term Limits 3
Board Meeting Attendance % --
Written Board Selection Criteria Under Development
Written Conflict Of Interest Policy Yes
Percentage of Monetary Contributions 100%
Percentage of In-Kind Contributions 100%
Constituency Includes Client Representation Yes

Standing Committees

  • Audit
  • Board Development / Board Orientation
  • Development / Fund Development / Fund Raising / Grant Writing / Major Gifts
  • Executive
  • Finance
  • Housing and Community Development
  • Program / Program Planning

CEO/Executive Director/Board Comments

The YMCA of the North Shore is governed by a Corporate Board of Directors committed to the Y’s mission of providing all children, adults and families, regardless of income, with opportunities to develop a healthy spirit, mind and body. The Board is also committed to the Y’s values of caring, honesty, respect and responsibility. Each of our Board members is a highly respected member of our community, and adheres to our non-discrimination policy. Each member serves on a YMCA subcommittee or local board of directors to ensure representation in all areas of YMCA program and policy. 

 

Foundation Comments

--

Financials


Revenue vs. Expense ($000s)

Expense Breakdown 2014 (%)

Expense Breakdown 2013 (%)

Expense Breakdown 2012 (%)

Fiscal Year Jan 01, 2016 to Dec 31, 2016
Projected Income $37,800,000.00
Projected Expense $37,300,000.00
Form 990s

2014 Form 990

2013 Form 990

2012 Form 990

2011 Form 990

2010 Form 990

2009 Form 990

Audit Documents

2014 Audited Financials

2013 Audited Financials

2012 Audited Financials

2011 Audited Financials

2010 Audited Financials

2009 Audited Financials

IRS Letter of Exemption

IRS Letter of Determination

Prior Three Years Total Revenue and Expense Totals

Fiscal Year 2014 2013 2012
Total Revenue $39,660,460 $35,050,587 $31,760,416
Total Expenses $33,462,300 $30,661,694 $29,200,205

Prior Three Years Revenue Sources

Fiscal Year 2014 2013 2012
Foundation and
Corporation Contributions
-- -- --
Government Contributions $3,333,906 $3,326,661 $3,134,644
    Federal -- -- --
    State -- -- --
    Local -- -- --
    Unspecified $3,333,906 $3,326,661 $3,134,644
Individual Contributions $2,459,253 $1,928,533 $1,514,485
Indirect Public Support $155,668 $155,731 $177,218
Earned Revenue $15,293,805 $13,207,485 $14,192,483
Investment Income, Net of Losses $526,671 $1,112,430 $989,921
Membership Dues $11,729,109 $11,724,257 $11,147,573
Special Events $746,804 $609,236 $451,591
Revenue In-Kind -- -- --
Other $5,415,244 $2,986,254 $152,501

Prior Three Years Expense Allocations

Fiscal Year 2014 2013 2012
Program Expense $31,412,332 $28,676,052 $27,236,456
Administration Expense $1,394,823 $1,316,220 $1,240,100
Fundraising Expense $655,145 $669,422 $723,649
Payments to Affiliates -- -- --
Total Revenue/Total Expenses 1.19 1.14 1.09
Program Expense/Total Expenses 94% 94% 93%
Fundraising Expense/Contributed Revenue 10% 11% 14%

Prior Three Years Assets and Liabilities

Fiscal Year 2014 2013 2012
Total Assets $96,265,739 $95,918,647 $77,131,318
Current Assets $4,542,440 $5,921,491 $3,462,156
Long-Term Liabilities $40,367,894 $44,468,496 $33,325,243
Current Liabilities $4,965,030 $6,831,310 $4,089,758
Total Net Assets $50,932,815 $44,618,841 $39,716,317

Prior Three Years Top Three Funding Sources

Fiscal Year 2014 2013 2012
1st (Source and Amount) -- --
-- --
-- --
2nd (Source and Amount) -- --
-- --
-- --
3rd (Source and Amount) -- --
-- --
-- --

Financial Planning

Endowment Value $7,200,000.00
Spending Policy Percentage
Percentage(If selected) 4.0%
Credit Line Yes
Reserve Fund No
How many months does reserve cover? --

Capital Campaign

Are you currently in a Capital Campaign? Yes
Capital Campaign Purpose To expand the Greater Beverly YMCA
Campaign Goal $6,500,000.00
Capital Campaign Dates May 2016 - May 2017
Capital Campaign Raised-to-Date Amount --
Capital Campaign Anticipated in Next 5 Years? Yes

Short Term Solvency

Fiscal Year 2014 2013 2012
Current Ratio: Current Assets/Current Liabilities 0.91 0.87 0.85

Long Term Solvency

Fiscal Year 2014 2013 2012
Long-term Liabilities/Total Assets 42% 46% 43%

CEO/Executive Director/Board Comments

The YMCA of the North Shore’s finance department is led by a Chief Financial Officer, who reports to the Chief Executive Officer. A Finance Committee comprised of Board members oversees financial reports and audits. As a non-profit organization, the YMCA voluntarily complies with yearly financial audits by independent auditors. Our association is fiscally sound.

 

 

Foundation Comments

Financial summary data in the charts and graphs above are per the organization's audited financials.  Contributions from foundations and corporations are listed under individuals when the breakout was not available. Please note, the Other revenue category for fiscal years 2014, 2013 and 2012 includes Capital Contributions.

Impact

The Impact tab is a section on the Giving Common added in October 2013; as such the majority of nonprofits have not yet had the chance to complete this voluntary section. The purpose of the Impact section is to ask five deceptively simple questions that require reflection and promote communication about what really matters – results. The goal is to encourage strategic thinking about how a nonprofit will achieve its goals. The following Impact questions are being completed by nonprofits slowly, thoughtfully and at the right time for their respective organizations to ensure the most accurate information possible.


1. What is your organization aiming to accomplish?

The YMCA of the North Shore aims to be a community organization that serves all.  We strive to be the foremost organization for youth and families, promoting healthy living.


2. What are your strategies for making this happen?

Strategic Priorities & Goals:

Bringing Our Mission to Life:
We will enhance our approach to youth and teen skill development to  prepare young people for success in school and career.
We will champion the fight to reverse the obesity epidemic in our  communities; elevating well-being, prevention, and health maintenance as a community.
We will help people improve their health and well-being, particularly those facing health challenges: chronic disease, mental health issues, and substance use disorders.
We will provide experiences which strengthen relationships and sense of belonging, improving self-worth and reducing social isolation in teens and adults.
We will provide opportunities to those who struggle financially for quality housing, academic success, nutritious foods, and activities that build healthy spirits, minds, and bodies.

3. What are your organization’s capabilities for doing this?

The Y is a powerful association of men, women and children of all ages and from all walks of life, joined together by a shared passion: to strengthen the foundations of community. With a commitment to nurturing the potential of kids, promoting healthy living and fostering a sense of social responsibility, the Y ensures that every individual has access to the essentials needed to learn, grow and thrive. Anchored in 25 North Shore communities, the Y has the long-standing relationships and physical presence not just to promise, but to deliver, lasting personal and social change.  Though the world is unpredictable, one thing remains certain - the Y is, and always will be, dedicated to building healthy, confident, and secure children, adults and families.


4. How will your organization know if you are making progress?

We measure our success in several ways, including membership retention, donor retention, and program participation.  These numbers  have continued to steadily increase.  We also rely on satisfaction surveys that help us to improve our services and programs.  We engage focus groups comprised of Board members, staff, Y members, and community members to gauge needs and perceptions before embarking upon new initiatives. 

5. What have and haven’t you accomplished so far?

The YMCA of the North Shore maintains a steady membership base and has continued to increase its charitable contributions through individual donors, corporate donors, and foundation grants.  Our largest fundraising event of the year recently surpassed its goal for the 8th consecutive year.  We continue to live our mission and successfully work toward the goals and objectives of our 5-year strategic plan. We believe that we are having a positive impact on the lives of those we serve.