2025-05-13T17:26:53-05:00 2024-12-31 042943536 TONNESON & COMPANY PC 401 EDGEWATER PLACE SUITE 300 WAKEFIELD MA 018806208 990 2024-01-01 042105883 YOUNG MEN'S CHRISTIAN ASSOCIATION OF METRO NORTH INC YOUN 9787753701 10 CENTENNIAL DRIVE SUITE 105 PEABODY MA 01960 LISA FERRARO CFO 9785485067 2025-05-13 1 0 JODY K BOOTH P00963825 7812459999 2025-05-13 2024 2025-03-06 01:10:19Z KATHLEEN WALSH 10 CENTENNIAL DRIVE SUITE 105 PEABODY MA 01960 38287847 0 X YMCAMETRONORTH.ORG X 1870 MA THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF METRO NORTH, INC. BUILDS STRONG KIDS, STRONG FAMILIES AND STRONG COMMUNITIES BY ENRICHING THE LIVES OF ALL PEOPLE IN SPIRIT, MIND AND BODY. 16 16 1338 200 0 0 4856939 4092834 26303297 28821348 962582 1489887 803079 643172 32925897 35047241 1156607 1389297 0 0 15953348 17379274 0 0 297766 10762687 11232985 27872642 30001556 5053255 5045685 71033344 81618257 29688490 28310167 41344854 53308090 X THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF METRO NORTH, INC. BUILDS STRONG KIDS, STRONG FAMILIES AND STRONG COMMUNITIES BY ENRICHING THE LIVES OF ALL PEOPLE IN SPIRIT, MIND AND BODY. 0 0 17719070 17525082 YOUTH DEVELOPMENT:THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF METRO NORTH, INC. IS COMMITTED TO NURTURING THE POTENTIAL OF EVERY CHILD AND TEEN. THROUGH CHILD CARE, EDUCATION AND LEADERSHIP PROGRAMS, CAMPS AND SWIM, SPORTS AND PLAY, WE BELIEVE TEACHING SKILLS LEARNED EARLY ON ARE A VITAL BUILDING BLOCK FOR OUR CHILDREN'S SUCCESS. 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 LEADERSHIP PROGRAMS, 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 ALL OF THE YOUNG PEOPLE WE ENGAGE. 6126819 11041801 HEALTHY LIVING:THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF METRO NORTH, INC. 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, APPROXIMATELY 47,000 PEOPLE IN OUR COMMUNITY ARE RECEIVING 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. IN 2024, WE PROVIDED HUNDREDS OF FAMILIES WITH FINANCIAL ASSISTANCE IN ORDER TO IMPROVE THEIR WELL-BEING AND CONTRIBUTE TO THE QUALITY OF LIFE IN OUR COMMUNITY. 2719791 1389297 297053 SOCIAL RESPONSIBILITY:AT THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF METRO NORTH, INC. STRENGTHENING COMMUNITY IS OUR CAUSE. THE Y ASSISTS THOSE IN OUR COMMUNITY BY OFFERING THEM OPPORTUNITIES TO VOLUNTEER, ADVOCATE AND SUPPORT PROGRAMS THAT STRENGTHEN OUR NEIGHBORHOODS. WE HAVE BEEN LISTENING AND RESPONDING TO OUR COMMUNITY'S MOST CRITICAL SOCIAL NEEDS FOR MORE THAN 145 YEARS. OUR PROGRAMS, SUCH AS OUR AFFORDABLE HOUSING PROGRAM IS AN EXAMPLE OF HOW WE DELIVER TRAINING, RESOURCES, AND SUPPORT THAT EMPOWER OUR NEIGHBORS TO EFFECT CHANGE, BRIDGE GAPS, AND OVERCOME OBSTACLES. IN 2024, WE ENGAGED THOUSANDS OF YMCA MEMBERS, PARTICIPANTS, AND VOLUNTEERS IN ACTIVITIES THAT STRENGTHEN OUR COMMUNITY AND PAVE THE WAY FOR FUTURE GENERATIONS TO THRIVE. 26565680 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 1 0 0 0 1 55 0 1 1338 1 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 MA X X KATHLEEN WALSH 9787753701 10 CENTENNIAL DRIVE SUITE 105 PEABODY MA 01960 DAVID GRAVEL CHAIR 1.00 X X 0 0 0 ANDREW DEMAKES IMMEDIATE PAST CHAIRPERSON 1.00 X X 0 0 0 MAURO LANCE TREASURER 1.00 X X 0 0 0 JEROME SALERNO VICE CHAIR 1.00 X X 0 0 0 DINA GENTILE CLERK 1.00 X X 0 0 0 MARY BELLAVANCE DIRECTOR 1.00 X 0 0 0 JOSEPHINA ROMERO DIRECTOR 1.00 X 0 0 0 SEAN REID DIRECTOR 1.00 X 0 0 0 CAROLINA TRUJILLO DIRECTOR 1.00 X 0 0 0 JOSEPH MENDONCA DIRECTOR 1.00 X 0 0 0 JESSICA GLEZELLIS DIRECTOR 1.00 X 0 0 0 JOSE GONZALES DIRECTOR 1.00 X 0 0 0 WILLIAM HEINEMAN DIRECTOR 1.00 X 0 0 0 STEVE VALENTI MEMBER-AT-LARGE 1.00 X 0 0 0 CHARLES HOLDEN MEMBER-AT-LARGE 1.00 X 0 0 0 JACLYN L KUGELL-YEZERSKI MEMBER-AT-LARGE 1.00 X 0 0 0 KATHLEEN WALSH PRESIDENT/CEO 40.00 X 340099 0 42157 LISA FERRARO VP FINANCE & CFO 40.00 X 195140 0 34332 PAUL MANTELL VP HR & CHEIF ADMIN OFFICER 40.00 X 117768 0 22410 CARA GREEN BRANCH EXEC. DIRECTOR 40.00 X 127574 0 32272 AMY GAMACHE TURNER CHIEF OF STAFF 40.00 X 150292 0 29344 JENNIFER CONWAY SENIOR FINANCE DIRECTOR 40.00 X 125641 0 31721 SAUNDRA STLOUIS VP, COMMUNICATION & MARKETING 40.00 X 141103 0 23461 1197617 0 215697 12 0 1 0 RC GRIFFIN INC 100 CONIFER HILL DR DANVERS MA 01923 GENERAL CONTRACTOR 1447033 CONNOLLY BROTHERS 152 CONANT ST SUITE 100 BEVERLY MA 01915 GENERAL CONTRACTOR 1104294 NATIONAL GRID PO BOX 960 NORTHBOROUGH MA 015320960 ELECTRIC AND GAS 907912 YMCA OF THE USA 101 N WACKER DRIVE CHICAGO IL 60606 INSURANCE AND DUES 907543 ASPEN CAPITAL COMPANY 530 N JEFFERSON AVE LOVELAND CO 80537 FITNESS EQUIPMENT LEASES 536648 19 33588 4059246 4092834 YOUTH DEVELOPMENT 813410 17482494 17482494 HEALTHY LIVING 813410 11041801 11041801 SOCIAL RESPONSIBILITY 813410 297053 297053 28821348 1142437 1142437 276282 0 276282 276282 276282 3187149 2839699 347450 347450 347450 614205 307829 306376 306376 111004 93078 17926 17926 OTHER 900099 42588 42588 42588 35047241 28863936 0 2090471 1389297 1389297 611728 367037 183518 61173 13150115 12379083 718595 52437 860000 791200 60200 8600 1584128 1523266 60241 621 1173303 1068892 93793 10618 132436 128481 3955 78258 75921 2337 63181 63181 7781 7549 232 61283 49694 7207 4382 1286220 1199456 79333 7431 1052830 386040 649455 17335 2611103 2090050 473437 47616 354853 353854 889 110 26231 6893 19319 19 1091982 928532 144514 18936 1272496 1049810 198827 23859 582469 486944 84458 11067 OPERATING LEASE EXPENSE 1604086 1424962 164584 14540 NATIONAL DUES 394656 329933 57225 7498 EXPENDABLE EQUIPMENT 235017 192196 40934 1887 PROFESSIONAL DEVELOPMEN 172773 157068 14099 1606 205330 179522 24301 1507 30001556 26565680 3138110 297766 10888562 11442202 9676540 10149880 1027811 147311 954927 942728 14321200 0 395975 56056 74735401 27600511 17785807 47134890 8245743 9903288 7736779 1841902 71033344 81618257 1390509 1210044 987256 925324 24876189 24305732 36144 0 2398392 1869067 29688490 28310167 X 32618571 44724274 8726283 8583816 41344854 53308090 71033344 81618257 X 5045685 31034 6886517 X X 0 1 X 1 1 1 X 6478306 14997187 13988261 13981695 14135370 63580819 9240506 12908618 16294754 18325313 19858536 76627727 15718812 27905805 30283015 32307008 33993906 140208546 112700 94243 600642 86210 106400 1000195 0 112700 94243 600642 86210 106400 1000195 139208351 373851 301720 359937 960083 1142437 3138028 373851 301720 359937 960083 1142437 3138028 16092663 28207525 30642952 33267091 35136343 143346574 0.97110 0.97060 0.02190 0.02230 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 2806560 2806560 67990142 24922504 43067638 131080 65560 65520 3807619 2612447 1195172 47134890 OPERATING LEASE LIABILITY - ASC 842 ADOPTION 1869067 1869067 X 42343712 31032 41196 7287424 7359652 34984060 63181 63181 35047241 30380478 41196 400907 442103 29938375 63181 63181 30001556 PART X, LINE 2: IN DETERMINING THE RECOGNITION OF UNCERTAIN TAX POSITIONS, THE ORGANIZATION APPLIES A MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD AND DETERMINES THE MEASUREMENT OF UNCERTAIN TAX POSITIONS CONSIDERING THE AMOUNTS AND PROBABILITIES OF THE OUTCOMES THAT COULD BE REALIZED UPON ULTIMATE SETTLEMENT WITH TAXING AUTHORITIES. AS OF DECEMBER 31, 2024, THE ORGANIZATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 307,829. COST OF GOODS SOLD 93,078. INHERENT CONTRIBUTION FROM LYNN Y SUPPORT, INC. ($6,886,517) 6,886,517. REFER TO SCHEDULE O FOR ADDITIONAL INFORMATION REGARDING THIS AMOUNT PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES 307,829. COST OF GOODS SOLD 93,078. WHERE IN THE WORLD ANNUAL GALA 288195 288195 74923 GOLF TOURNAMENT 95392 95392 54342 230618 230618 178564 614205 614205 307829 307829 306376 1 SCHOLARSHIPS 4923 1389296 BOOK PART I, LINE 2: THE YMCA OF METRO NORTH WELCOMES ALL BUT PLACES PARTICULAR IMPORTANCE ON SERVING OUR COMMUNITY'S MOST VULNERABLE POPULATIONS - NAMELY, CHILDREN, SENIORS, THE ECONOMICALLY DISADVANTAGED, AND HISTORICALLY MARGINALIZED POPULATIONS. EQUITY IS ATTAINED WHEN EVERYONE HAS A FAIR AND JUST OPPORTUNITY TO REACH THEIR HIGHEST POTENTIAL. AT THE Y, WE RECOGNIZE THAT EACH PERSON WHO WALKS THROUGH OUR DOORS COMES FROM A UNIQUE PLACE. THAT IS WHY THE YMCA OF METRO NORTH HAS A COMMITMENT TO EQUITY WITH ITS Y LEVEL PROGRAM. Y LEVEL IS AN INNOVATIVE FINANCIAL ASSISTANCE PROGRAM THAT SEEKS TO LEVEL THE PLAYING FIELD BY REMOVING BARRIERS TO A YMCA MEMBERSHIP AND THE SERVICES IT PROVIDES. THE YMCA PROVIDES THE FINANCIAL HELP PEOPLE MAY NEED - NO MATTER THEIR SITUATION, BACKGROUND, OR CIRCUMSTANCES - WITH DIGNITY AND DISCRETION BY REQUIRING ONLY A SIMPLE ONLINE APPLICATION TO BE FILLED OUT THAT AUTOMATICALLY GENERATES A DISCOUNT APPROPRIATE TO THE APPLICANT'S NEEDS. X X X 0 0 0 0 0 0 0 0 0 KATHLEEN WALSH PRESIDENT/CEO 340099 0 0 0 0 0 41400 0 757 0 382256 0 0 0 LISA FERRARO VP FINANCE & CFO 195140 0 0 0 0 0 24796 0 9536 0 229472 0 0 0 AMY GAMACHE TURNER CHIEF OF STAFF 150292 0 0 0 0 0 18739 0 10605 0 179636 0 0 0 SAUNDRA STLOUIS VP, COMMUNICATION & MARKETING 141103 0 0 0 0 0 17331 0 6130 0 164564 0 0 0 CARA GREEN BRANCH EXEC. DIRECTOR 127574 0 0 0 0 0 16644 0 15628 0 159846 0 0 0 JENNIFER CONWAY SENIOR FINANCE DIRECTOR 125641 0 0 0 0 0 16380 0 15341 0 157362 0 0 0 A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2017-08-18 17800000 FINANCE CONSTRUCTION COSTS 0 0 0 B MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2017-08-18 9942100 REFINANCE 0 0 0 A 930037 17800000 232425 17567575 0 0 1 1 B 2300898 9942100 91944 9850156 0 0 1 1 A 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 A 0 0 0 0 0 0 0 0 0 B 0 0 0 0 0 0 0 0 0 A 1 B 1 SCHEDULE K SUPPLENTAL INFORMATION F. PURPOSE - REFINANCE SEE SUPPLEMENTAL SCHEDULE 0 PART IV IN AN EFFORT TO REMAIN TRANSPARENT THE ORGANIZATION HAS CHOSEN TO DISCLOSE THE FOLLOWING: THE ORGANIZATION HAS THREE MEMBERS OF ITS BOARD OF DIRECTORS WHO ARE ASSOCIATED WITH BANKS THAT DO BUSINESS WITH THE ORGANIZATION. AS OF DECEMBER 31, 2024, THE ORGANIZATION HAS MAINTAINED CERTAIN DEPOSITORY ACCOUNTS AND/OR HAS RECEIVED DEBT FINANCING WITH THESE BANKS. ALL TRANSACTIONS ARE CONSIDERED ARM'S LENGTH. X 5 1033448 FMV 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE GOVERNING BOARD REVIEWS AND APPROVES THE FILING OF THE FORM 990 BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS THE ORGANIZATION'S BOARD OF DIRECTORS ARE REQUIRED TO REVIEW THE CONFLICT OF INTEREST POLICY AND COMPLETE A QUESTIONAIRE. THE BOARD OF DIRECTORS AND MANAGEMENT ARE REQUIRED TO DISCLOSE ANY POTENTIAL AND ALL ACTUAL CONFLICTS. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE REVIEWS THE PRESIDENT / CEO'S COMPENSATION ANNUALLY. COMPENSATION IS BASED ON RECOMMENDATIONS FROM THE YMCA OF USA AND COMPARABLE SALARIES IN THE LOCAL AREA. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS AND FORM 990 ARE IMMEDIATELY MADE AVAILABLE TO THE PUBLIC BY CALLING THE ORGANIZATION'S OFFICE, WALKING INTO THE ORGANIZATION'S OFFICE OR MAILING IN A REQUEST TO THE ORGANIZATION. THE FORM 990 AND FINANCIAL STATEMENTS ARE ALSO AVAILABLE THROUGH THE MASSACHUSETTS ATTORNEY GENERAL'S OFFICE/WEBSITE. FORM 990, PART XI, LINE 9: INHERENT CONTRIBUTION - LYNN Y SUPPORT ACQUISITION 6,886,517. PART XII, LINE 2C THERE HAVE BEEN NO CHANGES FROM THE PRIOR YEAR PART XI, LINE 9 LYNN Y SUPPORT, INC., A NOT-FOR-PROFIT CORPORATION, WAS FORMED IN MASSACHUSETTS ON MARCH 27, 2017 AS A PART OF A FINANCING STRUCTURED UNDER THE FEDERAL NEW MARKET TAX CREDIT PROGRAM TO REHABILITATE, CONSTRUCT AND EXPAND THE YMCA LOCATED IN LYNN, MASSACHUSETTS. THE NEW MARKET TAX CREDIT PROGRAM WAS CONCLUDED DURING 2024. EFFECTIVE NOVEMBER 21, 2024, LYNN Y SUPPORT, INC. WAS DISSOLVED AND THE ASSETS WERE ACQUIRED AND LIABILITIES ASSUMED BY THE YMCA OF METRO NORTH, INC., WITH THE YMCA OF METRO NORTH, INC. REMAINING AS THE SOLE SURVIVING ORGANIZATION. THIS RESULTED IN AN INHERENT CONTRIBUTION TO YMCA OF METRO NORTH, INC. FOR $6,886,517. LYNN Y SUPPORT INC 10 CENTENNIAL DRIVE SUITE 105 PEABODY MA 01960 820966815 SECURING LONG-TERM FINANCING TO RECONSTRUCT THE LYNN, MA YMCA. MA 501(C)(3) LINE 12C, III-FI 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 LYNN Y SUPPORT INC K 713218 FMV SCHEDULE R, PART V, SECTION 2 PLEASE REFER TO SCHEDULE O FOR ADDITIONAL INFORMATION REGARDING THE YMCA OF METRO NORTH'S ACQUISITION OF LYNN Y SUPPORT, INC. DURING THE YEAR ENDED DECEMBER 31, 2024