2024-07-09T12:46:22-05:00 2023-12-31 042571780 AAFCPAS INC 50 WASHINGTON STREET WESTBOROUGH MA 01581 990 2023-01-01 042103551 YOUNG MEN'S CHRISTIAN ASSOCIATION OF GREATER BOSTON INC YOUN 6175367800 316 HUNTINGTON AVENUE BOSTON MA 02115 DAVID SHAPIRO CEO 6175367800 2024-07-08 1 DAVID SHAPIRO XXX-XX-XXXX 1 JOYCE RIPIANZI CPA P00548581 5083669100 2024-07-08 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z YMCA OF GREATER BOSTON DAVID SHAPIRO 316 HUNTINGTON AVENUE BOSTON MA 02115 114624997 0 X WWW.YMCABOSTON.ORG X 1851 MA DEDICATED TO IMPROVING THE HEALTH OF MIND, BODY, AND SPIRIT OF INDIVIDUALS AND FAMILIES. 39 38 3341 2560 0 0 47927309 42277599 44497628 52618459 417184 801654 64387 -29054 92906508 95668658 0 0 0 0 46914212 53815687 0 0 2133394 36629882 38475014 83544094 92290701 9362414 3377957 165487956 170031979 62599241 60418087 102888715 109613892 X SEE SCHEDULE O 0 0 42339079 35635653 HEALTHY LIVING - YMCA OF GREATER BOSTON MEMBERS AND PROGRAM PARTICIPANTS BENEFIT FROM A DIVERSE ARRAY OF HEALTH AND WELLNESS PROGRAMS AND SERVICES WHICH ARE OFFERED AT 13 BRANCH LOCATIONS THROUGHOUT THE CITY OF BOSTON AND SURROUNDING SUBURBAN LOCATIONS. PROGRAM OFFERINGS INCLUDE FITNESS CENTERS, INSTRUCTIONAL FITNESS PROGRAMS, PERSONAL TRAINING, AQUATICS LEARN-TO-SWIM PROGRAMS, SPECIALTY HEALTH PROGRAMS, FAMILY GYM TIME, YOUTH SPORTS, SPORTS LEAGUES AND THE JR CELTICS ACADEMY LEAGUE. (CONTINUED ON SCHEDULE O)THE YOUTH CAMPS PROVIDES A UNIQUE OPPORTUNITY FOR CHILDREN AND TEENS TO HAVE A BREAK FROM THEIR DAILY ROUTINE AND EXPERIENCE INDEPENDENCE IN A SAFE AND CONTROLLED ENVIRONMENT UNDER THE GUIDANCE OF COLLEGE-AGE MENTORS. THE CAMP EXPERIENCES PROVIDE AN OPPORTUNITY TO FORM NEW MEANINGFUL RELATIONSHIPS IN A SETTING THAT ENCOURAGES BELONGING WHILE TRYING NEW ACTIVITIES AND DEVELOPING IMPORTANT LIFE SKILLS THAT PROMOTE PHYSICAL ACTIVITY AND OVERALL WELL-BEING. 30745136 16475031 CHILDHOOD DEVELOPMENT - THE YMCA OF GREATER BOSTON HAS A LONG AND SUCCESSFUL HISTORY OF PROVIDING PRE-SCHOOL, AFTER-SCHOOL AND SUMMER DEVELOPMENT, EDUCATIONAL, RECREATIONAL AND SOCIAL ACTIVITIES FOR YOUTH OF ALL AGES. IN OUR EARLY EDUCATION PROGRAM, CHILDREN FROM ALL BACKGROUNDS ARE BROUGHT TOGETHER TO BE NURTURED, NOURISHED, LOVED AND CELEBRATED. DIVERSITY WHERE STRENGTH AND CREATIVITY AND CRITICAL THINKING FLOURISH. A HOLISTIC, PLAY-BASED CURRICULUM ALLOWS OUR TEACHERS TO FOLLOW EACH CHILD'S INTEREST, WHILE BUILDING ESSENTIAL SKILLS, STRENGTH AND RESILIENCE. IN ADDITION, WE OPERATE TWO YOUTH OVERNIGHT CAMPS AND A FAMILY CAMP IN NEW HAMPSHIRE. (CONTINUED ON SCHEDULE O)FOR SCHOOL AGE BEFORE AND AFTERSCHOOL PROGRAMS IN LOCAL PUBLIC SCHOOLS AND AT COMMUNITY SITES, THE YMCA OF GREATER BOSTON IS THE LARGEST PROVIDER OF STATE LICENSED CHILDCARE IN MASSACHUSETTS. PROGRAMS ARE HELD DURING AFTERSCHOOL HOURS, SCHOOL VACATIONS, ON CERTAIN HOLIDAYS AND TEACHER PROFESSIONAL DEVELOPMENT DAYS. OUR STAFF LEAD ACTIVITIES THAT PROMOTE COOPERATION AND CHARACTER DEVELOPMENT. IN OUR SUMMER CAMP PROGRAMS, WE TAKE A WHOLE-CHILD APPROACH, AND ROUND OUT THEIR SUMMER EXPERIENCE WITH INVIGORATING SPORTS AND SWIMMING INSTRUCTION THAT PROMOTES PHYSICAL WELL-BEING, EXPLORATION OF THE COMMUNITY WHICH FOSTERS SOCIAL AND EMOTIONAL GROWTH, WHILE SEAMLESSLY WEAVING LITERACY, MATH, AND SCIENCE LESSONS INTO OUR CURRICULUM. KIDS CAN'T HELP BUT DEVELOP LIFE-LONG LOVE OF LEARNING AND FRIENDSHIP AT OUR CAMPS AND BENEFIT FROM REDUCED SUMMER LEARNING LOSS. 11415359 507775 SOCIAL RESPONSIBILITY - THE YMCA SUPPORTS LOW-INCOME FAMILIES WITH EDUCATIONAL SERVICES, JOB SKILLS TRAINING, AND A FAMILIES IN TRANSITION PROGRAM TO ADDRESS HOMELESSNESS. THE YMCA OF GREATER BOSTON OFFERS AN ARRAY OF EDUCATION SERVICES TO LOW-INCOME INDIVIDUALS AND FAMILIES INCLUDING ADULT BASIC EDUCATION, COMPUTER LITERACY SERVICES, AND ENGLISH AS A SECOND LANGUAGE FOR RECENT IMMIGRANTS. THE Y PROVIDES COMPREHENSIVE JOB SKILLS TRAINING AND HELPS WITH PLACEMENT IN PERMANENT EMPLOYMENT POSITIONS. IN 2023, WE CONTINUED TO DELIVER GROCERIES AND MEALS AND OPERATED A FOOD DISTRIBUTION WAREHOUSE TO SUPPORT THE COMMUNITY.(CONTINUED ON SCHEDULE O)THE YMCA CONTINUED TO DELIVER GROCERIES AND PREPARED READY TO GO MEALS TO CHILDREN, SENIORS AND FAMILIES IN 2023 AND OPERATED A FOOD PANTRY WAREHOUSE IN EAST BOSTON THAT SUPPORTED BOTH YMCA LOCATIONS AND COMMUNITY PARTNER LOCATIONS IN THE GREATER BOSTON AREA. A NEW PARTNERSHIP WE ARE EXCITED ABOUT IS OUR ROLE IN THE BOSTON COMMUNITY HUB SCHOOLS. THE MODEL INTENTIONALLY LOOKS AT ITS ASSETS AND OPPORTUNITIES TO TAKE ACTION TO MAKE THEIR SCHOOL COMMUNITY THE BEST IT CAN BE. FAMILIES AND THE COMMUNITY ARE EMPOWERED AND ENCOURAGED TO BE PARTNERS IN WHAT HAPPENS IN THE SCHOOL AND A YMCA COMMUNITY HUB SCHOOL STAFF MEMBER IS ON SITE TO SUPPORT THE SCHOOL COMMUNITY. 84499574 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 290 0 1 3341 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 39 38 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 MA NH X X X PAUL FALVEY CFO 6179278135 316 HUNTINGTON AVENUE BOSTON MA 02115 DAVID SHAPIRO PRESIDENT & CEO 40.00 X X 400103 0 19846 EVELYN KAUPP CHAIR 1.00 X X 0 0 0 ELIZABETH B BURNETT VICE CO-CHAIR 1.00 X X 0 0 0 NANCY S STUART VICE CO-CHAIR 1.00 X X 0 0 0 NEIL HAYNES TREASURER 1.00 X X 0 0 0 REZA AGHAMIRZADEH BOARD MEMBER 1.00 X 0 0 0 CALEB ALDRICH BOARD MEMBER 1.00 X 0 0 0 HOPE ALDRICH BOARD MEMBER 1.00 X 0 0 0 PHIL BARR BOARD MEMBER 1.00 X 0 0 0 RICHARD BAUMERT BOARD MEMBER 1.00 X 0 0 0 CHARLES BROPHY BOARD MEMBER 1.00 X 0 0 0 DANIEL BROWNELL BOARD MEMBER 1.00 X 0 0 0 CASEY CARLSON BOARD MEMBER 1.00 X 0 0 0 JEFFREY R CARPENTER BOARD MEMBER 1.00 X 0 0 0 STEPHEN CORMIER BOARD MEMBER 1.00 X 0 0 0 ARIELLE DAWKINS BOARD MEMBER 1.00 X 0 0 0 SUSAN FARINA BOARD MEMBER 1.00 X 0 0 0 JOSEPH FERRA BOARD MEMBER 1.00 X 0 0 0 MIKE GOONAN BOARD MEMBER (UNTIL 6/23) 1.00 X 0 0 0 KEVIN HAYDEN BOARD MEMBER 1.00 X 0 0 0 ANDRE JOHNSON BOARD MEMBER 1.00 X 0 0 0 DAVID MARSHALL BOARD MEMBER (UNTIL 6/23) 1.00 X 0 0 0 BRENDA J MCAULIFFE BOARD MEMBER 1.00 X 0 0 0 GWENDOLYN MCCOY BOARD MEMBER 1.00 X 0 0 0 MATT MCPHERRON BOARD MEMBER 1.00 X 0 0 0 C ANN MERRIFIELD BOARD MEMBER 1.00 X 0 0 0 TARA M MURPHY BOARD MEMBER 1.00 X 0 0 0 JOEL P MURRAY BOARD MEMBER 1.00 X 0 0 0 CHARLAYNE MURRELL- SMITH BOARD MEMBER 1.00 X 0 0 0 WILLIAM PARENT BOARD MEMBER 1.00 X 0 0 0 JOAN PARSONS BOARD MEMBER 1.00 X 0 0 0 TREVOR SAMIOS BOARD MEMBER 1.00 X 0 0 0 CATHERINE A SAUNDERS BOARD MEMBER 1.00 X 0 0 0 SHANIQUE L SMITH BOARD MEMBER 1.00 X 0 0 0 REBEKAH SPLAINE SALWASSER BOARD MEMBER 1.00 X 0 0 0 JEREMY P SURATT BOARD MEMBER 1.00 X 0 0 0 DEBRA TAYLOR BLAIR BOARD MEMBER 1.00 X 0 0 0 ALAN TUCK BOARD MEMBER 1.00 X 0 0 0 FRED WANG BOARD MEMBER 1.00 X 0 0 0 KENNETH A WILLIS BOARD MEMBER 1.00 X 0 0 0 ADAM WINN BOARD MEMBER 1.00 X 0 0 0 PAUL FALVEY CFO & SECRETARY 40.00 X 266049 0 49239 LAUREN MACKENZIE REYES CHIEF OPERATIONS OFFICER 40.00 X 163048 0 18501 ROBIN M GILBERT CHRO 40.00 X 249145 0 8361 AMY G TURNER CHIEF PROGRAM OFFICER 40.00 X 208743 0 41906 WENDY E ZINN CHIEF SOCIAL RESPONSIBILITY OFFICER 40.00 X 201874 0 35376 IRENE COLLINS CHIEF COMMUNICATIONS OFFICER 40.00 X 134748 0 33006 MARION KELLY SVP -BRANCH OPERATIONS 40.00 X 200540 0 23710 HELIO ROSA DIRECTOR OF FACILITIES & RE 40.00 X 157191 0 36525 PAUL J SLOVIN EXEC. DIR. OF SHARED SERVICES 40.00 X 142164 0 29568 DONALD BAUTZ SENIOR EXECUTIVE DIRECTOR 40.00 X 146624 0 15812 JAMES O'S MORTON FORMER PRESIDENT & CEO (UNTIL 12/22) 40.00 X 181021 0 18570 2451250 0 330420 46 1 1 0 ZOZIMUS 100 NORTH WASHINGTON STREET BOSTON MA 02114 ADVERTISING SERVICES 537000 MYSTIC PLACE LLCWINN COMPANIES 3610 MYSTIC VALLEY PARKWAY MEDFORD MA 02155 RENTAL SPACE 324964 FRANKLIN 100 HOLDINGS LLC TEN POST OFFICE SQUARE 14TH FLOOR BOSTON MA 02109 RENTAL SPACE 317310 CROWN MECHANICAL PO BOX 31 GROVELAND MA 01834 FACILITIES R&M 233781 KPMG PO BOX 120511 DALLAS TX 75312 AUDIT & TAX SERVICES 199500 12 87900 1049926 30717091 10422682 2820624 42277599 PROGRAM FEES 624100 26283972 26283972 AFFORDABLE HEALTH & WELLNESS PROG 624100 23729034 23729034 OTHER REVENUES 624100 2605453 2605453 52618459 1023245 1023245 18416774 18638365 -221591 -221591 -221591 288920 1049926 317974 -29054 -29054 95668658 52618459 0 772600 1662191 1022312 157406 482473 44194426 40339573 2880362 974491 1883879 1670370 139380 74129 2332343 2029529 194995 107819 3742848 3397294 257579 87975 192621 192621 83935 83935 147333 147333 372879 322059 50820 833730 466131 147005 220594 261476 228080 26562 6834 358348 276343 69911 12094 13358574 13217819 92880 47875 546164 541150 937 4077 561013 438154 101341 21518 4658918 4536753 122165 478336 478336 PROGRAM FOOD AND PERSON 10831735 10831735 PROGRAM EXPENSES 3190671 3190671 EQUIPMENT EXPENDABLES L 1861449 1835324 26125 NATIONAL SUPPORT 515496 515496 222336 179641 42695 92290701 84499574 5657733 2133394 6553080 7392171 587176 428648 868651 945037 5929824 6879423 212390686 102343161 109257761 110047525 35772102 39165969 6519362 5173206 165487956 170031979 6553773 7007019 1904514 1895801 40356848 38858111 13784106 12657156 62599241 60418087 X 83802176 88155985 19086539 21457907 102888715 109613892 165487956 170031979 X 3377957 3232637 114583 X X 0 1 X 1 1 1 X 38380969 45921008 52005369 48235903 42277599 226820848 38380969 45921008 52005369 48235903 42277599 226820848 226820848 382858 404065 801683 635408 1023245 3247259 194765 194765 230262872 251725453 0.98510 0.92480 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 83935 0 0 83935 0 PART II-B, LINE 1: THE YMCA OF GREATER BOSTON IS A MEMBER OF THE ALLIANCE OF MASSACHUSETTS YMCAS, A PUBLIC POLICY AND ADVOCACY GROUP COMMITTED TO WORKING WITH YMCAS AND OTHER CHILD CARE AND HUMAN SERVICE ORGANIZATIONS IN THE COMMONWEALTH, CONCERNED WITH THE WELL BEING OF CHILDREN AND FAMILIES. THE YMCA OF GREATER BOSTON ENGAGES A STRATEGIC MANAGEMENT AND PUBLIC AFFAIRS CONSULTANT TO ASSIST THE ORGANIZATION IN NAVIGATING REGULATORY AND FUNDING MATTERS PERTAINING TO YMCA SERVICES. 25322676 14471 3438235 886766 118167 27770449 30371255 339233 -4534889 736310 116613 25322676 19588528 8321454 3178977 605753 111951 30371255 17357532 38949 2865417 586670 86700 19588528 14056500 1024751 2932263 573643 82339 17357532 0.42210 0.16730 0.41060 0 0 175055543 67204114 107851429 37335143 35139047 2196096 110047525 INTEREST RATE SWAP OBLIGATION 765107 HOUSING DEBT 7330208 LEASE LIABILITIES 4561841 12657156 X 99640704 3232637 454185 432557 4119379 95521325 147333 147333 95668658 92915527 454185 317974 772159 92143368 147333 147333 92290701 PART V, LINE 4: INTENDED USE OF ENDOWMENT FUNDS THE ENDOWMENT FUNDS OF THE YMCA OF GREATER BOSTON HAVE BEEN SET ASIDE THROUGH THE INTENTIONS OF DONORS AND BOARD APPROPRIATION FOR GENERAL OR SPECIFIC PURPOSES. THE ENDOWMENT INVESTMENT POLICY ALLOWS FOR ANNUAL SPEND OF 4% BASED ON THE AVERAGE ENDOWMENT BALANCE FOR THE TRAILING 12 QUARTERS. PART X, LINE 2: FIN 48 (ASC) FOOTNOTE THE ASSOCIATION IS A NONPROFIT ORGANIZATION DESCRIBED UNDER INTERNAL REVENUE CODE (IRC) SECTION 501(C)(3) AND IS GENERALLY EXEMPT FROM INCOME TAXES UNDER THE PROVISIONS OF IRC SECTION 501(A). THE ASSOCIATION BELIEVES IT HAS TAKEN NO SIGNIFICANT UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: BENEFICIAL INTEREST IN TRUST 79,286. CHANGE IN FMV OF INTEREST RATE SWAPS 35,297. FUNDRAISING EXPENSES 317,974. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 317,974. PART V, LINE 2: YMCA OF GREATER BOSTON HAS ADOPTED FASB ASU 2016-14, PRESENTATION OF THE FINANCIAL STATEMENTS OF NOT-FOR-PROFIT ENTITIES. AS A RESULT, THE DECEMBER 31, 2023 AUDITED FINANCIAL STATEMENTS CLASSIFY NET ASSETS AS EITHER NET ASSETS WITHOUT DONOR RESTRICTIONS, OR NET ASSETS WITH DONOR RESTRICTIONS. FOR PURPOSES OF PART V, LINE 2, YMCA OF GREATER BOSTON HAS REPORTED ITS YEAR END ENDOWMENT BALANCE WITHOUT DONOR RESTRICTIONS AS QUASI-ENDOWMENT AND ITS YEAR END BALANCE WITH DONOR RESTRICTIONS AS PERMANENT ENDOWMENT AND TERM RESTRICTED ENDOWMENT, RESPECTIVELY. YGB TOGETHER WE MOVE 203333 89833 113500 1529 959 555 925 22788 SPARK PARTY 497445 489445 8000 6100 49440 84162 13 638068 470648 167420 1517 28088 64314 2750 54847 1338846 1049926 288920 1517 1529 35147 114309 3675 161797 317974 -29054 X 1 1 X X X 0 0 0 0 0 0 0 1 0 DAVID SHAPIRO PRESIDENT & CEO 394903 0 0 0 5200 0 0 0 19846 0 419949 0 0 0 PAUL FALVEY CFO & SECRETARY 266049 0 0 0 0 0 27512 0 21727 0 315288 0 0 0 ROBIN M GILBERT CHRO 245075 0 0 0 4070 0 0 0 8361 0 257506 0 0 0 AMY G TURNER CHIEF PROGRAM OFFICER 203933 0 0 0 4810 0 21727 0 20179 0 250649 0 0 0 WENDY E ZINN CHIEF SOCIAL RESPONSIBILITY OFFICER 197064 0 0 0 4810 0 20870 0 14506 0 237250 0 0 0 MARION KELLY SVP -BRANCH OPERATIONS 195730 0 0 0 4810 0 19895 0 3815 0 224250 0 0 0 JAMES O'S MORTON FORMER PRESIDENT & CEO (UNTIL 12/22) 81021 0 100000 0 0 0 18076 0 494 0 199591 0 0 0 HELIO ROSA DIRECTOR OF FACILITIES & RE 152381 0 0 0 4810 0 16721 0 19804 0 193716 0 0 0 LAUREN MACKENZIE REYES CHIEF OPERATIONS OFFICER 163048 0 0 0 0 0 13990 0 4511 0 181549 0 0 0 PAUL J SLOVIN EXEC. DIR. OF SHARED SERVICES 142164 0 0 0 0 0 15174 0 14394 0 171732 0 0 0 IRENE COLLINS CHIEF COMMUNICATIONS OFFICER 134748 0 0 0 0 0 14420 0 18586 0 167754 0 0 0 DONALD BAUTZ SENIOR EXECUTIVE DIRECTOR 141814 0 0 0 4810 0 14880 0 932 0 162436 0 0 0 PART I, LINE 1A THE YMCA OF GREATER BOSTON PROVIDES MEMBERSHIPS TO ALL ELIGIBLE EMPLOYEES AT NO COST. PART I, LINE 7 BONUS AND INCENTIVE COMPENSATION PAYMENT ARE PAID AT THE RECOMMENDATION OF THE ORGANIZATION'S CEO, SUBJECT TO THE REVIEW AND APPROVAL BY THE COMPENSATION COMMITTEE TO THE GENERAL BOARD FOR APPROVAL. PART II, COLUMN (B) (III): OTHER REPORTABLE COMPENSATION INCLUDES TRANSPORTATION BENEFITS AND RELOCATION BENEFITS. SUCH AMOUNTS ARE INCLUDED IN TAXABLE COMPENSATION FOR THE YEAR. SCHEDULE J, PART II: JAMES O'S. MORTON RETIRED EFFECTIVE DECEMBER 31, 2022. HIS FINAL SALARY AND VACATION PAYOUT WAS MADE IN 2023 ALONG WITH A BONUS APPROVED BY THE BOARD OF DIRECTORS. A MASS DEVELOPMENT FINANCE AGENCY - SERIES 2004 043431814 57583F5X5 2004-10-28 28000000 NEW CONST./REFUND '98 & '01 BONDS 0 0 0 B MASS DEVELOPMENT FINANCE AGENCY - SERIES 2007 043431814 57583RKV6 2007-05-09 8500000 NEW CONST./REFUND '04 BONDS 0 0 0 C MASS DEVELOPMENT FINANCE AGENCY - SERIES 2012 043431814 000000000 2012-04-02 10800000 NEW CONSTRUCTION 0 0 0 D MASS DEVELOPMENT FINANCE AGENCY - SERIES 2015 043431814 000000000 2015-04-29 10000000 NEW CONSTRUCTION 0 0 0 A 10881155 28000000 795244 623658 134515 26446583 2005 1 1 1 1 B 4788930 8500000 164750 36181 8299069 2009 1 1 1 1 C 325000 10800000 28920 10771080 2015 0 0 1 1 D 1901573 10000000 25000 9975000 2015 0 0 1 1 A 0 0 0 0 0 0 1 B 0 0 0 0 0 0 1 C 0 0 0 0 0 0 1 D 0 0 0 0 0 0 1 A 0 0 0 1 0 0 0 0 0 B 0 0 0 1 0 0 0 0 0 C 0 0 0 1 0 0 0 0 0 D 0 0 0 1 1 1 CITIZENS BANK 15.000000000000 0 0 0 0 0 A 1 B 1 C 1 D 1 SCHEDULE K, LINE 3: ALL MANAGEMENT AND SERVICE CONTRACTS IN BOND-FINANCED SPACE QUALIFY UNDER A PRIVATE BUSINESS USE SAFE HARBOR OR EXCEPTION OR ARE INCIDENTAL IN NATURE. THEREFORE, NO CONTRACTS RESULT IN PRIVATE BUSINESS USE. SCHEDULE K, PART IV, LINE 2C: FOR ALL FOUR BOND ISSUES, THE REBATE COMPUTATION WAS PERFORMED IN MAY 2023. X 10 344347 FAIR MARKET VALUE X 3 50849 FAIR MARKET VALUE X 676 2144738 FAIR MARKET VALUE X PROGRAM SUPPLIES 26 182777 FAIR MARKET VALUE X CAMPAIGN PROMOTION AND SUPPLIES 239 86290 FAIR MARKET VALUE X OTHER 4 11623 FAIR MARKET VALUE 0 0 0 PART I, COLUMN (B): YMCA OF GREATER BOSTON IS REPORTING IN PART 1, COLUMN (B), THE NUMBER OF CONTRIBUTIONS RECEIVED. FORM 990, PART III, LINE 1 FOUNDED IN 1851 AS AMERICA'S FIRST Y, THE YMCA OF GREATER BOSTON STRENGTHENS THE GREATER BOSTON COMMUNITY THROUGH A FOCUS ON YOUTH DEVELOPMENT, HEALTHY LIVING AND SOCIAL RESPONSIBILITY. AS ONE OF THE COMMUNITY'S LEADING NONPROFITS, WE ARE DEDICATED TO NURTURING THE POTENTIAL OF EVERY CHILD AND TEEN, IMPROVING OUR COMMUNITY'S HEALTH AND WELL-BEING, AND PROVIDING OPPORTUNITIES TO GIVE BACK AND SUPPORT OUR NEIGHBORS. EACH YEAR, THE YMCA ENABLES YOUTH, ADULTS, AND SENIORS FROM BOSTON AND SURROUNDING SUBURBAN COMMUNITIES WITHIN ITS SERVICE AREA TO BE HEALTHY, CONFIDENT, CONNECTED AND SECURE. TODAY, THE YMCA OF GREATER BOSTON RANKS AS ONE OF THE LARGEST URBAN Y'S IN THE NATION, STAYING TRUE TO ITS ROOTS AS VALUES-DRIVEN, VOLUNTEER-LED, HUMAN SERVICE ORGANIZATION STRENGTHENING CHILDREN, FAMILIES AND COMMUNITIES. THE Y'S STAFF, VOLUNTEERS, AND CONSTITUENTS REPRESENT THE BROAD SPECTRUM OF CITIZENS, BY ANY AND ALL MEASURES, WHO LIVE IN GREATER BOSTON. EVERY DAY, THE YMCA OF GREATER BOSTON WORKS SIDE-BY-SIDE WITH OUR NEIGHBOURS TO MAKE SURE THAT EVERYONE, REGARDLESS OF AGE, INCOME OR BACKGROUND, HAS THE OPPORTUNITY TO GAIN EXPERIENCE, GROW AND THRIVE. YOUTH DEVELOPMENT - WE BELIEVE THAT ALL KIDS DESERVE THE OPPORTUNITY TO DISCOVER WHO THEY ARE AND WHAT THEY CAN ACHIEVE. THROUGH THE Y, YOUTH ARE CULTIVATING THE VALUES, SKILLS AND RELATIONSHIPS THAT LEAD TO POSITIVE BEHAVIORS, BETTER HEALTH, AND EDUCATIONAL ACHIEVEMENT. THE Y IS THE LARGEST PROVIDER OF AFTER SCHOOL PROGRAMS AND EARLY EDUCATION IN MASSACHUSETTS AND OFFERS ONE OF THE COMMONWEALTH'S LARGEST SUMMER YOUTH EMPLOYMENT PROGRAM. IN 2023: 1. 6,800 YOUTH NURTURED AT OUR DAY AND OVERNIGHT CAMPS AND SUMMER LEARNING ACADEMIES 2. 3,800 CHILDREN SERVED IN BEFORE AND AFTER SCHOOL PROGRAMMING AND OUR EARLY EDUCATION CENTERS 3. 6,000 TEENS EMPLOYED, MENTORED AND ENGAGED IN ACADEMIC ENRICHMENT, CAREER EXPLORATION, AND LEADERSHIP PROGRAMS. 4. 7,700 TEENS FOUND BELONGING AND A PLACE FOR HOME AT THE Y THROUGH OUR LEADERSHIP, CAREER EXPLORATION, HEALTHY ACTIVITIES AND EMPLOYMENT OPPORTUNITIES. HEALTHY LIVING - CHILDREN AND ADULTS OF OUR COMMUNITIES ARE RECEIVING GUIDANCE AND THE RESOURCES NEEDED TO ACHIEVE GREATER HEALTH AND WELL-BEING FOR THEIR SPIRIT, MIND AND BODY BY BEING A MEMBER OF OUR Y. IN COMMUNITIES ACROSS GREATER BOSTON, THE Y IS A 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, AND FUN WITH A FOCUS ON HELPING EVERYONE CREATE HEALTHY HABITS, THE Y CREATED NEW PRODUCTS, SERVICES AND PARTNERSHIPS TO PROMOTE HEALTH EQUITY FOR ALL. THE IMPACT OF OUR EFFORTS DURING 2023: 1. 70,000 MEMBERS FINDING CONNECTION AND ACTIVITY TO LEAD HEALTHY LIVES 2. 520 PARTICIPANTS SUPPORTED AND CONNECTED THROUGH DAILY GROUP EXERCISE CLASSES AND CHRONIC DISEASE PROGRAMS. 3. 1 MILLION MINUTES OF MOVEMENT EXPERIENCED BY PARTICIPANTS DURING OUR "TOGETHER WE MOVE" INITIATIVE HELD ANNUALLY IN THE FALL. SOCIAL RESPONSIBILITY - TO BRING ABOUT MEANINGFUL CHANGE, INDIVIDUALS NEED ONGOING ENCOURAGEMENT AND TOOLS. THE YMCA IS PRESENT DAY-IN AND DAY-OUT TO PROVIDE THE RESOURCES ITS COMMUNITIES NEED TO ADDRESS THE MOST PRESSING SOCIAL ISSUES SUCH AS ADULT EDUCATION, WORKFORCE DEVELOPMENT, FOOD INSECURITY, AND HOUSING. FOR EXAMPLE, OUR FAMILIES IN TRANSITION (FIT) PROGRAM PROVIDES EMERGENCY SHELTER AND SUPPORT SERVICES, AIDING FAMILIES IN SECURING PERMANENT HOUSING AND FUTURE SUCCESS ONCE HOUSED. OUR YEAR-ROUND AND AFTERSCHOOL FOOD PROGRAMS ENSURE CHILDREN HAVE ACCESS TO NUTRITIOUS MEALS. SINCE THE PANDEMIC, WE HAVE OPENED A FOOD DISTRIBUTION CENTER AND LAUNCHED A MOBILE MARKET IN PARTNERSHIP WITH THE GREATER BOSTON FOOD BANK, CITY OF BOSTON, AND MANY OTHER COMMUNITY PARTNERS. TODAY, WE ARE THE LARGEST DISTRIBUTOR OF FOOD FOR THE GREATER BOSTON FOOD BANK. OUR INTERNATIONAL LEARNING CENTER ASSISTS NON-NATIVE ENGLISH SPEAKERS IN ACHIEVING PERSONAL, EDUCATIONAL, AND EMPLOYMENT GOALS THROUGH LANGUAGE EDUCATION AND OUR WORKFORCE DEVELOPMENT PROGRAMS, SUCH AS YMCA TRAINING, INC., OFFER ADULTS OPPORTUNITIES FOR SKILL DEVELOPMENT AND JOB PLACEMENT. THESE INITIATIVES REFLECT THE YMCA'S COMMITMENT TO ADDRESSING IMMEDIATE NEEDS WHILE EMPOWERING INDIVIDUALS FOR LONG-TERM SUCCESS. AS AN ADDITIONAL COMMITMENT THE Y HAS ALSO PARTNERED WITH THE COMMONWEALTH OF MASSACHUSETTS TO LAUNCH A STATE SPONSORED AND INDUSTRY CREDENTIALED EARLY CHILDHOOD APPRENTICESHIP PROGRAM NAMED THE EARLY CHILDHOOD EDUCATION ACADEMY. THROUGH THIS PROVEN "EARN WHILE YOU LEARN" APPRENTICESHIP WORKFORCE MODEL, EARLY EDUCATOR APPRENTICES ARE AND WILL CONTINUE TO BE PLACED INTO PAID TEACHING POSITIONS AT THE Y AND PARTNERING AGENCIES AND RECEIVE SUPPLEMENTAL CLASSROOM INSTRUCTION THROUGH THE ACADEMY. IN 2023 THE YMCA OF GREATER BOSTON, ALONG WITH OUR PARTNERS: 1. $3.7 MILLION NUTRITIOUS MEALS AND PANTRY ITEMS DISTRIBUTED TO OUR COMMUNITY. 2. 806,350 HEALTHY MEALS SERVED YEAR-ROUND AND SUMMER TO YOUTH UNDER 18 THROUGH OUR PARTNERSHIP WITH DEPARTMENT OF ELEMENTARY AND SECONDARY EDUCATION (DESE.) 3. 208,612 GROCERY BAGS PACKED AT OUR HUNGER PREVENTION CENTER EQUATING TO 2,264,084 POUNDS OF FOOD DISTRIBUTED FOR HUNGER RELIEF. 4. $5 MILLION FINANCIAL ASSISTANCE PROVIDED FOR Y MEMBERSHIP, ADULT EDUCATION, YOUTH PROGRAMMING, AND MORE. THE YMCA OF GREATER BOSTON HAS CENTERS LOCATED IN BOSTON'S FENWAY, DORCHESTER, ROXBURY, CHINATOWN, WEST ROXBURY, HYDE PARK, ALLSTON/BRIGHTON, EAST BOSTON, AND CHARLESTOWN NEIGHBORHOODS, AS WELL AS IN THE OUTLYING COMMUNITIES OF NEEDHAM, WALTHAM, READING, AND WOBURN. THE YMCA ALSO HAS DAY CAMPING FACILITIES IN MASSACHUSETTS COMMUNITIES INCLUDING BOXFORD (OWNED) AND CANTON (IN PARTNERSHIP WITH DCR) AND A RESIDENT CAMP FACILITY IN TUFTONBORO, NEW HAMPSHIRE THAT OPERATES CAMP PROGRAMS FOR BOYS (NORTHWOODS), GIRLS (PLEASANT VALLEY) AND FAMILIES (SANDY ISLAND). FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS THE YMCA OF GREATER BOSTON'S FINANCE, AUDIT AND RISK COMMITTEES, COMMITTEES OF THE GENERAL BOARD OF DIRECTORS, REVIEW A FINAL FORM OF THE FORM 990 PRIOR TO ACTUAL FILING. ONCE THE TAX RETURN IS FULLY ANALYZED AND PREPARED BY Y MANAGEMENT, A COPY IS DISTRIBUTED TO THE GENERAL BOARD, IN ADVANCE OF A SPECIFIC MEETING. TAX GROUP REPRESENTATIVES MEET WITH MANAGEMENT AND MEMBERS OF THE GENERAL BOARD IN ORDER TO ENSURE ALL PERSONS HAVE HAD AN OPPORTUNITY TO ASK QUESTIONS AND DISCUSS THE CONTENT OF THE TAX RETURN, PRIOR TO IT BEING FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH YEAR, A CONFLICT-OF-INTEREST POLICY DOCUMENT AND COVER LETTER IS MAILED FROM THE PRESIDENT'S OFFICE TO CONCERNED PERSONS INCLUDING ALL MEMBERS OF THE GENERAL BOARD OF DIRECTORS, YMCA OF GREATER BOSTON SENIOR STAFF MEMBERS, BRANCH EXECUTIVES, AND BRANCH AND BOARD CHAIRS (I.E. PERSONS COVERED UNDER THE POLICY). THE QUESTIONNAIRE PROVIDES A DESCRIPTION OF A CONFLICT OF INTEREST AS WELL AS THE BUSINESS AFFILIATION OF THE PERSON CONCERNED. ALL MEMBERS ARE REQUIRED TO COMPLETE AND SIGN THE QUESTIONNAIRE, AND TO RETURN THE COMPLETED DOCUMENTS TO THE PRESIDENT'S OFFICE. THE YMCA OF GREATER BOSTON'S PRESIDENT, AND CHIEF FINANCIAL OFFICER REVIEW THE CONTENTS/RESPONSES DETAILED ON THE QUESTIONNAIRES, FOR COMPLETENESS AS WELL AS TO IDENTIFY ANY MATERIAL (OR POTENTIAL) CONFLICTS THAT MAY EXIST HAVE BEEN DOCUMENTED. THE YMCA OF GREATER BOSTON'S PRESIDENT SUBSEQUENTLY REVIEWS IDENTIFIED CONFLICTS WITH THE CHAIR OF THE GENERAL BOARD OF DIRECTOR. THE PERSON CONCERNED WITH WHOM A CONFLICTING INTEREST EXISTS WILL BE EXCLUDED FROM ANY DISCUSSION, APPROVAL OF TRANSACTIONS, BIDS, ETC. WITH ANY ALL-GENERAL BOARD COMMITTEE MEETINGS. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE COMMITTEE OF THE GENERAL BOARD OF DIRECTORS, LED BY THE CURRENT BOARD CHAIR, IS RESPONSIBLE FOR DUE DILIGENCE OF EXECUTIVE AND EMPLOYEE COMPENSATION TO ASSURE THAT THE YMCA OF GREATER BOSTON COMPLIES WITH IRS REQUIREMENTS FOR NON-PROFIT COMPENSATION. THE COMMITTEE REVIEWS AND DISCUSSES COMPENSATION SURVEYS OF COMPARABLE SIZE YMCAS ACROSS THE COUNTRY RESEARCHED BY SULLIVAN, COTTER AND ASSOCIATES, A SURVEY OF REPRESENTATIVE BOSTON AREA NON-PROFITS EXECUTIVES' COMPENSATION, AND A NATIONAL SURVEY OF ALL NON-PROFIT AND GENERAL INDUSTRY EXECUTIVES. THE COMMITTEE THEN REVIEWS AND APPROVES THE ANNUAL MERIT SALARY PLAN (BASED ON ANNUAL REVIEWS) AND ANY CHANGES TO THE COMPENSATION RANGES; EXAMINES THE COMPENSATION OF THE Y'S SENIOR EXECUTIVES AND COMPARES THEIR COMPENSATION TO THE SAME POSITIONS AT COMPARABLE YMCAS AND OTHER LOCAL AND REGIONAL NON-PROFITS; ASSURES THAT THE YMCA OF GREATER BOSTON IS PAYING BETWEEN THE FIFTIETH AND SEVENTY-FIFTH PERCENTILE OF PREVAILING MARKET RATES FOR SIMILAR POSITIONS; REVIEWS THE PERFORMANCE APPRAISAL OF THEY PRESIDENT BY THE CHAIR OF THE GENERAL BOARD; DETERMINES THE COMPENSATION OF THE YMCA PRESIDENT; AND ENSURES THAT THERE ARE CLEAR PERFORMANCE MEASURES FOR ANNUAL EMPLOYEE INCENTIVE AWARDS. THE COMMITTEE GENERALLY MEETS TWO FOUR TIMES ANNUALLY. THE COMMITTEE ALSO ASSIGNS SPECIFIC ANALYTICAL TASKS TO THE VP/HR TO ENSURE THE ORGANIZATION IS KEEPING CURRENT ON ALL COMPENSATION PRACTICES. FORM 990, PART VI, SECTION C, LINE 19 DISCLOSURE OF DOCUMENTS ON THE ORGANIZATION'S WEBSITE (WWW.YMCABOSTON.ORG) ANYONE IS ABLE TO DOWNLOAD A PDF FILE OF THE Y'S MOST CURRENT ANNUAL REPORT (THIS DOCUMENT INCLUDES THE FINANCIAL STATEMENTS OF THE DECEMBER 31, 2023, FINANCIAL AUDIT, THE STATEMENT OF FINANCIAL ACTIVITIES, AND THE CONSOLIDATED STATEMENT OF FINANCIAL POSITION). FORM 990, PART XI, LINE 9: BENEFICIAL INTEREST IN TRUST 79,286. CHANGE IN FMV OF INTEREST RATE SWAPS 35,297. FORM 990, PART XII, LINE 2C: THE ORGANIZATION HAS A COMMITTEE THAT ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT. YMCA SHARED SERVICES INC 316 HUNTINGTON AVENUE BOSTON MA 02115 043504548 PROMOTE SOCIAL WELFARE, YOUTH DEVELOPMENT, HEALTLY LIVING, SOCIAL RESPONSIBI MA 501(C)(3) LINE 12A, I YMCA GREATER BOSTON INC 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 1 0 0 YMCA SHARED SERVICES INC M 22400 FMV