2023-07-25T10:02:47-05:00 2022-12-31 232108173 RKL LLP 1330 BROADCASTING ROAD WYOMISSING PA 196106008 990 2022-01-01 231365994 YMCA OF GREATER BRANDYWINE YMCA 6106439622 ONE EAST CHESTNUT STREET WEST CHESTER PA 19380 BERTRAM L LAWSON II PRESIDENT & CEO, EFFECTIVE 7/2023 6106439622 2023-07-17 1 BERTRAM LAWSON II 999009999 0 STEPHANIE E KANE CPA P01275157 6103761595 2023-07-14 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z BERTRAM L LAWSON II ONE EAST CHESTNUT STREET WEST CHESTER PA 19380 54105992 0 X WWW.YMCAGBW.ORG X 1892 PA TO PUT CHRISTIAN PRINCIPALS INTO PRACTICE THROUGH PROGRAMS THAT BUILD HEALTHY SPIRIT, MIND, AND BODY FOR ALL. 29 29 2028 3215 0 0 1226066 6364421 32249470 36369457 731675 1773501 245724 427290 34452935 44934669 1824273 2130265 0 0 18970981 22441244 0 0 551966 13473491 15268724 34268745 39840233 184190 5094436 87882093 84141852 40719154 32349207 47162939 51792645 X TO PUT CHRISTIAN PRINCIPALS INTO PRACTICE THROUGH PROGRAMS THAT BUILD HEALTHY SPIRIT, MIND AND BODY FOR ALL. 0 0 9543166 428166 12855282 CHILDCARE - OUR YMCA IS COMMITTED TO NURTURING THE POTENTIAL OF EVERY CHILD AND TEEN. WE BELIEVE THAT ALL KIDS DESERVE THE OPPORTUNITY TO DISCOVER WHO THEY ARE AND WHAT THEY CAN ACHIEVE. THAT'S WHY WE HELP YOUNG PEOPLE CULTIVATE THE VALUES, SKILLS, AND RELATIONSHIPS THAT LEAD TO POSITIVE BEHAVIORS, BETTER HEALTH, AND EDUCATIONAL ACHIEVEMENT. OUR YMCA PROGRAMS SUCH AS CAMP, BEFORE & SCHOOL ENRICHMENT AND PRESCHOOL PROGRAM, OFFER A RANGE OF EXPERIENCES THAT ENRICH COGNITIVE, SOCIAL, PHYSICAL, AND EMOTIONAL GROWTH. EXPENSES INCLUDE SUBSIDIES AND DIRECT FINANCIAL ASSISTANCE THAT MAKE PARTICIPATION POSSIBLE FOR THE YOUNG PEOPLE WE ENGAGE. 7744446 1623267 17703356 YMCA MEMBERSHIP - THE YMCA IS A MEMBERSHIP ORGANIZATION THAT INVITES ALL PEOPLE TO JOIN AND BUILD A HEALTHY SPIRIT, MIND, AND BODY. WE ARE A VALUES-BASED ORGANIZATION THAT ENCOURAGES OUR MEMBERS AND ALL WHO PARTICIPATE IN YMCA PROGRAMS AND SERVICES TO DEVELOP MORAL AND ETHICAL BEHAVIOR, SELF-ESTEEM, AND LEADERSHIP. THE LARGEST YMCA MEMBERSHIP TYPE IS THE FAMILY CATEGORY. WE GIVE FAMILIES A SAFE, RELIABLE, AND AFFORDABLE PLACE TO GO. RECREATIONAL OPPORTUNITIES SUCH AS FAMILY NIGHTS AND PARENT-TEEN FITNESS CLASSES, FAMILY MARTIAL ARTS, AND NUMEROUS SPECIAL EVENTS LET FAMILIES RELAX AND ENJOY EACH OTHER. YMCA PROGRAMS SUCH AS ADVENTURE GUIDES HELP PEOPLE GROW AS RESPONSIBLE MEMBERS OF FAMILIES. YMCA MEMBERSHIP PROVIDES CHILDREN AND THEIR PARENTS WITH ACTIVITIES THAT FOSTER UNDERSTANDING AND COMPANIONSHIP. 5122660 641002 YMCA HEALTH AND FITNESS - THE Y IS A LEADING VOICE ON HEALTH AND WELL-BEING. WE BRING FAMILIES CLOSER TOGETHER, ENCOURAGE GOOD HEALTH, AND FOSTER CONNECTIONS THROUGH FITNESS, SPORTS, FUN, AND SHARED INTERESTS. AS A RESULT, PEOPLE IN OUR COMMUNITY ARE RECEIVING THE SUPPORT, GUIDANCE, AND RESOURCES THEY NEED TO ACHIEVE GREATER HEALTH IN SPIRIT, MIND, AND BODY. THIS IS PARTICULARLY IMPORTANT AS OUR NATION STRUGGLES WITH AN OBESITY CRISIS, FAMILIES STRUGGLE WITH WORK/LIFE BALANCE, AND INDIVIDUALS SEARCH FOR PERSONAL FULFILLMENT. OUR PROGRAMS ARE ACCESSIBLE, AFFORDABLE, AND OPEN TO ALL FAITHS, BACKGROUNDS, ABILITIES, AND INCOME LEVELS. 5607268 2562094 YMCA AQUATICS - YMCA AQUATICS PROGRAMS ARE PART OF THE YMCA'S OVERALL GOAL OF BUILDING HEALTHY SPIRIT, MIND, AND BODY. IN ADDITION TO PROVIDING SPECIFIC SWIMMING AND WATER SAFETY SKILLS, WE PROMOTE GOOD HEALTH THROUGH REGULAR EXERCISE. WE ALSO PROMOTE TEAMWORK, SELF-CONFIDENCE, AND LEADERSHIP. THESE PROGRAMS ARE OFFERED AT FEES AFFORDABLE TO THE COMMUNITY AT LARGE, WITH FINANCIAL ASSISTANCE FOR THOSE WHO CANNOT AFFORD THE FULL FEE. 5572741 78833 2866650 YMCA YOUTH - YMCA YOUTH AND TEEN PROGRAMS HELP KIDS DEVELOP SELF-ESTEEM AND GOOD VALUES, INCLUDING COOPERATION, RESPECT FOR THE BODY, GOOD CITIZENSHIP, AND A STRONG WORK ETHIC. YOUTH SPORTS FOCUS ON THE FULL AND EQUAL PARTICIPATION OF ALL; EVERY CHILD PLAYS IN EVERY GAME. YMCA YOUTH SPORTS PROGRAMS ALSO HELP TO STRENGTHEN FAMILIES. PARENTS COACH TEAMS AND TURN OUT, OFTEN WITH BROTHERS AND SISTERS, TO WATCH KIDS PLAY. YOUNG PEOPLE PARTICIPATING IN SPORTS BUILD LIFELONG POSITIVE ATTITUDES, HABITS OF HEALTHY EXERCISE, AND LEARN WAYS TO HAVE FUN AS ADULTS. TEEN ACTIVITIES ARE AMONG THE MOST IMPORTANT PROGRAMS OFFERED BY THE YMCA, PROVIDING ADOLESCENTS WITH STRUCTURE AND ACTIVITIES PARTICULARLY DURING AFTER. 11180009 78833 5428744 33590281 1 1 0 0 0 0 0 0 1 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 56 0 1 2028 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 29 29 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 PA X YMCA OF GREATER BRANDYWINE 6106439622 ONE EAST CHESTNUT STREET WEST CHESTER PA 19380 X ALLISON HOSTETTER MEMBER, JV BOARD VICE CHAIR 3.00 X 0 0 0 ATUL MALHOTRA MEMBER 1.00 X 0 0 0 BILL HOSTETTER MEMBER 1.00 X 0 0 0 BRENDA ALLEN MEMBER 1.00 X 0 0 0 CAROL HANSON MEMBER, LV BOARD CHAIR 3.00 X 0 0 0 DARYL THOMAS MEMBER 1.00 X 0 0 0 DONNA PHILLIPS MEMBER, EXECUTIVE COMMITTEE 1.00 X 0 0 0 DONNA URIAN MEMBER, CHAIR 3.00 X X 0 0 0 HUGH ALGEO MEMBER, UMLY BOARD CHAIR 3.00 X 0 0 0 JAMES T HORN MEMBER 1.00 X 0 0 0 JANAK AMIN MEMBER 1.00 X 0 0 0 STEPHEN KIRSCHNER MEMBER, BR BOARD CHAIR 3.00 X 0 0 0 KARTHIK LINGANATHAN MEMBER 1.00 X 0 0 0 KEN GODDU MEMBER 1.00 X 0 0 0 PATTI BRENNAN MEMBER 1.00 X 0 0 0 ROB FEENAN MEMBER, KT BOARD CHAIR 3.00 X 0 0 0 ROBERT SHOPE MEMBER, TREASURER 3.00 X X 0 0 0 ROSEMARY FORDJOUR MEMBER 1.00 X 0 0 0 SANDRA KNAPP MEMBER, VICE CHAIR 3.00 X X 0 0 0 SARAH MASTERTON MEMBER 1.00 X 0 0 0 SCOTT HEINERICHS MEMBER, SECRETARY 3.00 X X 0 0 0 STEVE HOLMAN MEMBER 1.00 X 0 0 0 TIM KRALL MEMBER, WC BOARD CHAIR 3.00 X 0 0 0 TOM GAVIN MEMBER 1.00 X 0 0 0 MARK BEDWELL MEMBER 1.00 X 0 0 0 JIM FOX MEMBER 1.00 X 0 0 0 AMBER LITTLE TURNER MEMBER 1.00 X 0 0 0 ERIC MILLER MEMBER 1.00 X 0 0 0 ARNIE KLINGENBERG MEMBER 1.00 X 0 0 0 DENISE DAY PRESIDENT/CEO 50.00 X 402296 0 46805 EDWARD KEYS CFO/SVP 50.00 X 214430 0 37131 JAMES PARO CSO/SVP 50.00 X 175450 0 21023 THERESA EDGAR VP OPERATIONS 50.00 X 155380 0 17868 GERARD LEVINSKY SENIOR DIRECTOR 50.00 X 138071 0 16474 CAMILLE FAUST CDO 50.00 X 132784 0 5294 BRIAN RAICICH EXECUTIVE DIRECTOR 50.00 X 115420 0 13968 RACHEL FIRKSER VP FINANCE 50.00 X 105929 0 24010 1439760 0 182573 8 0 1 0 SULPIZIO INC 981 S BOLMAR STREET UNIT B WEST CHESTER PA 19382 HVAC CONTRACTOR 353493 KEYSTONE SPORTS CONSTRUCTION 1100 SCHELL LANE SUITE 104 PHOENIXVILLE PA 19460 TURF & COURTS CONTRACTOR 329548 RC MARLAND & ASSOCIATIONS 406 WARD STREET CHESTER PA 19013 ROOFING CONTRACTOR 230215 SAFEGUARD BUSINESS SYSTEMS 515 PLYMOUTH RD PLYMOUTH MEETING PA 19462 MARKETING SERVICES 225405 KEOUGH ELECTRIC 405 BAILY ROAD YEADON PA 19050 ELECTRICAL CONTRACTOR 219772 9 5055132 1309289 16123 6364421 PROGRAM SERVICE REVENUE 812900 20639199 20639199 MEMBERSHIP 812900 15730258 15730258 36369457 211796 211796 258927 0 258927 258927 258927 10598378 9036673 1561705 1561705 1561705 234683 133884 100799 100799 24403 766 23637 23637 VENDING MACHINES 812900 40565 40565 OTHER MISCELLANEOUS REVENUE 812900 3362 3362 43927 44934669 36628384 0 1941864 2130265 2130265 910335 910335 18149660 16011721 1812948 324991 1020641 913361 87620 19660 1000092 854298 127406 18388 1360516 1178442 156709 25365 102 55 42 5 17038 9512 6782 744 57670 32196 22955 2519 141866 141866 704478 393286 280417 30775 344305 119802 102992 121511 870607 824279 46328 1924403 1881997 42406 1316585 1316585 459034 459034 4506635 4108277 398358 511850 502550 9300 REPAIRS & MAINTENANCE 1620866 1598517 22349 0 PROGRAM COSTS 892479 891605 874 0 COMMUNITY RELATIONS 104826 69900 34926 0 ORGANIZATIONAL DUES 12647 4472 5890 2285 1783333 1606712 170898 5723 39840233 33590281 5697986 551966 2389 2139 14676917 6839812 383132 365508 4085982 2670239 390582 505936 136548321 80272874 57686909 56275447 10656182 17232036 250735 87882093 84141852 2405008 2240543 1484291 2369397 247837 244712 26953021 25476533 9628997 2018022 40719154 32349207 X 45742731 50545590 1420208 1247055 47162939 51792645 87882093 84141852 X 5094436 -2950775 2486045 X X 0 1 X 1 0 X 2003200 1740527 4890961 1226079 6364421 16225188 43836700 45659438 22775345 32249470 36369457 180890410 45839900 47399965 27666306 33475549 42733878 197115598 1122825 1325549 1460229 982795 832049 5723447 0 1122825 1325549 1460229 982795 832049 5723447 191392151 587411 486362 360763 442039 470723 2347298 587411 486362 360763 442039 470723 2347298 90777 432844 242252 28729 43927 838529 46518088 48319171 28269321 33946317 43248528 200301425 0.95550 0.95720 0.01170 0.01320 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 862307 209493 1071800 782251 80056 862307 655271 126980 782251 444196 211075 655271 650951 -206755 444196 0.00000 1.00000 0.00000 0 0 4076190 4076190 114487070 64892649 49594421 17440502 15380225 2060277 544559 544559 56275447 SWAP LIABILITY 1767287 LEASE LIABILITY 250735 2018022 X 42397872 -2950775 2686109 -264666 42662538 141866 2130265 2272131 44934669 37768166 200064 200064 37568102 141866 2130265 2272131 39840233 PART IV, LINE 2B: CUSTODIAL ACCOUNTS ARE FOR VOLUNTEER GROUPS THAT CANNOT HAVE THEIR OWN BANK ACCOUNT TO KEEP THE FUNDS THEY RAISE SEPERATE. THE POLICY STATES, BY LAW, THAT VOLUNTEERS CANNOT BE A CHECK SIGNOR ON THE YMCA OF GREATER BRANDYWINE'S BANK ACCOUNT. THE YMCA OF GREATER BRANDYWINE HOLDS THE MONEY RAISED BY THESE GROUPS IN THEIR OPERATING CASH ACCOUNT AND HAS THE BALANCE KEPT AS A LIABILITY. PART X, LINE 2: THE YMCA IS A NONPROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES. ACCORDINGLY, THERE IS NO PROVISION FOR INCOME TAXES. THE YMCA IS REQUIRED TO ANNUALLY FILE A RETURN OF ORGANIZATION EXEMPT FROM THE INCOME TAX (FORM 990) WITH THE INTERNAL REVENUE SERVICE. WITH FEW EXCEPTIONS, THE YMCA IS NO LONGER SUBJECT TO U.S. FEDERAL OR STATE AND LOCAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR YEARS BEFORE 2018. THE YMCA BELIEVES THAT IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF BENEFICIAL INTEREST IN PERPETUAL TRUST -85,083. COST OF MERCHANDISE SOLD 766. SPECIAL EVENT EXPENSES 133,884. CHANGE IN INTEREST RATE SWAP 2,571,128. EMPLOYEE RETENTION CREDIT 65,414. PART XI, LINE 4B - OTHER ADJUSTMENTS: GRANT RECLASS 2,130,265. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF MERCHANDISE SOLD 766. SPECIAL EVENT EXPENSES 133,884. ERTC 65,414. PART XII, LINE 4B - OTHER ADJUSTMENTS: GRANT RECLASS 2,130,265. PART V, LINE 4: THE YMCA HAS A SPENDING POLICY OF APPROPRIATING FUNDS FROM ITS ENDOWMENT FUNDS AS NEEDED FOR SPECIAL PROJECTS. THE YMCA CONSIDERS THE MARKET RATE OF RETURN AND THE AMOUNT OF AVAILABLE FUNDS IN THE ENDOWMENT WHEN DETERMINING ITS ANNUAL SPENDING. IN ADDITION, THE ANNUAL SPENDING DISTRIBUTIONS FROM THE ENDOWMENT FUNDS ARE LIMITED TO 5% OF THE THREE-YEAR MOVING AVERAGE OF ITS MARKET VALUE, AS DETERMINED ON AN ANNUAL BASIS. ANY ADDITIONAL DISTRIBUTIONS REQUIRE WRITTEN CONSENT FROM THE BOARD OF DIRECTORS AND CONCURRENCE OF THE FINANCE COMMITTEE. AO GOLF OUTING 172225 172225 54214 JV GOLF 48434 48434 18882 1 14010 14010 1401 234669 234669 74497 74497 160172 1 FINANCIAL ASSISTANCE 6942 2130265 FAIR MARKET VALUE BASED ON INCOME AND FAMILY SIZES, NON-CASH ASSISTANCE (DISCOUNTS ON MEMBERSHIP AND PROGRAM FEES) IS PROVIDED. PART III, LINE 1 YMCA OF GREATER BRANDYWINE HAS AN APPLICATION PROCESS WHERE INDIVIDUALS APPLYING FOR FINANCIAL ASSISTANCE FILL OUT THE APPLICATION AND PROVIDE FINANCIAL INFORMATION. THE ORGANIZATION THEN EVALUATES THIS INFORMATION TO FAIRLY ALLOCATE ASSISTANCE BASED ON NEED. INDIVIDUALS HAVE TO RESUBMIT/UPDATE THE INFORMATION ROUTINELY TO ENSURE THE ALLOCATION OF ASSISTANCE IS BASED ON NEED. (F) DESCRIPTION OF NON-CASH ASSISTANCE: BASED ON INCOME AND FAMILY SIZES, NON-CASH ASSISTANCE (DISCOUNTS ON MEMBERSHIP AND PROGRAM FEES) IS PROVIDED. THE VALUE IS THE DIFFERENCE BETWEEN THE CURRENT RATES AND DISCOUNTED RATES. X X X X X 0 0 0 0 0 0 0 0 0 DENISE DAY PRESIDENT/CEO 389096 0 0 0 13200 0 36600 0 10205 0 449101 0 0 0 EDWARD KEYS CFO/SVP 214430 0 0 0 0 0 26916 0 10215 0 251561 0 0 0 JAMES PARO CSO/SVP 175450 0 0 0 0 0 21023 0 0 0 196473 0 0 0 THERESA EDGAR VP OPERATIONS 149380 0 0 0 6000 0 17868 0 0 0 173248 0 0 0 GERARD LEVINSKY SENIOR DIRECTOR 138071 0 0 0 0 0 16474 0 0 0 154545 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE 990 RETURN AND ACCOMPANYING SCHEDULES ARE REVIEWED BY BOARD MEMBERS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE YMCA OF GREATER BRANDYWINE HAS A CONFLICT OF INTEREST POLICY THAT REQUIRES DISCLOSURE OF POTENTIAL CONFLICTS. IF THESE POTENTIAL CONFLICTS INTERFERE WITH THE INDEPENDENT ACTIONS OF THE BOARD OF DIRECTORS OF THE YMCA OF GREATER BRANDYWINE, SUCH MEMBER WILL EITHER RECUSE HIM/HERSELF FROM THAT MATTER, OR THE CHAIRMAN/WOMAN OF THE BOARD WILL ASK THAT MEMBER TO RECUSE HIM/HERSELF FROM THAT MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE YMCA OF GREATER BRANDYWINE HAS A COMPENSATION COMMITTE THAT ANNUALLY REVIEWS AND APPROVES THE COMPENSATION FOR OFFICERS AND KEY EMPLOYEES. THIS REVIEW INCLUDES BOTH GENERAL AND INDUSTRY BENCHMARKS TO MEASURE THE APPROPRIATENESS OF THE OVERALL COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, ORGANIZATION POLICIES AND PROCEDURES AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF PERPETUAL TRUSTS -85,083. CHANGE IN INTEREST RATE SWAP 2,571,128. 990, PART XII, LINE 2C THE ORGANIZATION DID NOT CHANGE ITS POLICIES RELATED TO OVERSIGHT OF THE AUDIT OF FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT AUDITOR FROM THOSE USED IN PRIOR YEARS. 990, PART XII, LINE 2C THE ORGANIZATION DID NOT CHANGE ITS POLICIES RELATED TO OVERSIGHT OF THE AUDIT OF FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT AUDITOR FROM THOSE USED IN PRIOR YEARS.