2022-10-17T11:23:46-05:00 2021-12-31 PricewaterhouseCoopers LLP 300 Madison Avenue NEW YORK NY 10017 990 2021-01-01 131624228 YOUNG MEN'S CHRISTIAN ASSOCIATION OF GREATER NEW YORK % MICHAEL GUARINO YOUN 2126309600 5 WEST 63RD STREET 6TH FLOOR NEW YORK NY 10023 MICHAEL GUARINO EVP/CFO/TREASURER 2126399655 2022-10-11 true MICHAEL GUARINO 999009999 SAPNA P VASU P00545692 6464713000 2022-10-10 3 2021 2022-09-23 18:48:47Z SHARON GREENBERGER 5 WEST 63RD STREET 6TH FLOOR NEW YORK NY 10023 185668411 false X www.ymcanyc.org X 1852 NY YMCA GNY IS A COMMUNITY SVC ORGANIZATION FOR ALL NEW YORKERS TO EMPOWER YOUTH, IMPROVE HEALTH AND STRENGTHEN COMMUNITY. (SEE SCHEDULE O) 36 36 2951 700 0 0 60396985 90619290 58879652 73286690 7105675 6128395 0 0 126382312 170034375 165000 89384 0 0 69209493 61554360 0 0 1569425 60994583 69319380 130369076 130963124 -3986764 39071251 467021397 503725017 201326564 199381989 265694833 304343028 X SEE SCHEDULE O false false 59384509 89384 8830888 YOUTH DEVELOPMENT (SEE SCHEDULE O) 33355882 0 31004359 HEALTHY LIVING (SEE SCHEDULE O) 22200828 0 33451443 SOCIAL RESPONSIBILITY (SEE SCHEDULE O) 114941219 true true false true false false false false false true true false false false true false true false false false false false false false true false false true true true false false false false false false false false true false false false false true false false false true 146 0 true 2951 true false false false false false false false false false false false false X 36 36 false false false false false false false true true false true true true true true true true true true true false CT NJ NY X X MICHAEL GUARINO 2126309665 5 WEST 63RD STREET 6TH FLOOR NEW YORK NY 10023 X SHARON GREENBERGER PRESIDENT/CEO 40.0 0.0 X 615143 0 29080 JOSEPH CHAN SVP REAL ESTATE/PROPERTY MGMT 40.0 0.0 X 381855 0 16663 MICHAEL GUARINO EXECUTIVE VP/CFO/TREASURER 40.0 0.0 X 351663 0 25199 MELVIN TSE EVP/COO 40.0 0.0 X 315465 0 32065 ELIZABETH BERGIN CORP SEC/SVP 40.0 0.0 X 304963 0 16430 VERONICA O'SHEA SVP CHIEF MARK&COMMUN OFFICER 40.0 0.0 X 275068 0 15085 ANTHONY ESCOBAR SVP CHIEF DEVELOPMENT OFFICER 40.0 0.0 X 263769 0 20889 SHARON LEVY VP PUBLIC AFFAIRS 40.0 0.0 X 251184 0 32230 HEATHER LIVERNOIS VP FINANCE 40.0 0.0 X 232024 0 30865 PETER DEMEE CHIEF INFORMATION OFFICER 40.0 0.0 X 247485 0 7231 LORETTA TRAPANI VP MEMBER EXPER&OPERATIONS 40.0 0.0 X 227339 0 24302 JAMES TROCCHIA VP HUMAN RESOURCES 40.0 0.0 X 199576 0 29947 ELIZABETH TOLEDO-CRUZ VP FIELD OPERATIONS 40.0 0.0 X 194184 0 29756 JODY GRAPES VP PROPERTY MGMT 40.0 0.0 X 185397 0 24322 DORDY JOURDAIN VP FIELD OPERATIONS 40.0 0.0 X 183219 0 22862 KATHRYN COLGLAZIER SR EXEC DIRECTOR 40.0 0.0 X 179842 0 20036 LAUREN BARR VP YOUTH&COMM DEV 40.0 0.0 X 179482 0 5305 CEDRIC DEW SR EXEC DIR/TRANSITION HOUSING 40.0 0.0 X 148961 0 21863 SANDIE O'CONNOR CHAIR 1.0 0.0 X 0 0 0 ROBERT LIEBER VICE CHAIR 1.0 0.0 X 0 0 0 CHRISTOPHER O'CONNOR VICE CHAIR 1.0 0.0 X 0 0 0 NICK ROBINSON VICE CHAIR 1.0 0.0 X 0 0 0 RAYMOND YU VICE CHAIR 1.0 0.0 X 0 0 0 PEDRAM AFSHAR DIRECTOR 1.0 0.0 X 0 0 0 SUSAN ALEXANDER DIRECTOR 1.0 0.0 X 0 0 0 CHRIS BLUNT DIRECTOR 1.0 0.0 X 0 0 0 JUSTIN CARROLL DIRECTOR 1.0 0.0 X 0 0 0 WELLINGTON CHEN DIRECTOR 1.0 0.0 X 0 0 0 ANDREW CURTIS DIR (BRANCH REP) 1.0 0.0 X 0 0 0 RICHARD DELANEY DIRECTOR 1.0 0.0 X 0 0 0 KARIS DURMER DIRECTOR 1.0 0.0 X 0 0 0 STEPHEN FORCIONE DIRECTOR 1.0 0.0 X 0 0 0 CAS HOLLOWAY DIRECTOR 1.0 0.0 X 0 0 0 PATRICIA JACOBS DIRECTOR AS OF 1/28/2021 1.0 0.0 X 0 0 0 AMI KAPLAN DIRECTOR AS OF 9/14/2021 1.0 0.0 X 0 0 0 STEVEN KIMBLE DIRECTOR 1.0 0.0 X 0 0 0 ROBERT KNAKAL DIRECTOR 1.0 0.0 X 0 0 0 HILDY KURYK DIRECTOR 1.0 0.0 X 0 0 0 JEFFREY LEVY DIRECTOR 1.0 0.0 X 0 0 0 SAL MAGLIETTA DIRECTOR THRU 2/12/2021 1.0 0.0 X 0 0 0 KRIS MAGEL DIRECTOR AS OF 1/28/2021 1.0 0.0 X 0 0 0 JOSEPH MCSHANE DIRECTOR 1.0 0.0 X 0 0 0 FRANK MONTERISI DIRECTOR AS OF 1/28/2021 1.0 0.0 X 0 0 0 PATRICIA ORNST DIRECTOR AS OF 9/14/2021 1.0 0.0 X 0 0 0 MAGGIE PARENT DIRECTOR 1.0 0.0 X 0 0 0 DONAHUE PEEBLES DIRECTOR 1.0 0.0 X 0 0 0 THOMAS QUINLAN III DIRECTOR 1.0 0.0 X 0 0 0 WAYNE RILEY DIRECTOR 1.0 0.0 X 0 0 0 MICHAEL RODGERS DIRECTOR 1.0 0.0 X 0 0 0 NICK RUDENSTINE DIRECTOR AS OF 04/06/2021 1.0 0.0 X 0 0 0 CLEVELAND RUECKERT DIRECTOR 1.0 0.0 X 0 0 0 ELIZABETH RUTLEDGE DIRECTOR 1.0 0.0 X 0 0 0 CASEY SANTOS DIRECTOR 1.0 0.0 X 0 0 0 BERNARD WARREN DIR (BRANCH REP) 1.0 0.0 X 0 0 0 MICHAEL ZARCONE DIRECTOR 1.0 0.0 X 0 0 0 4736619 0 404130 54 true true false PRICEWATERHOUSECOOPERS LLP PO BOX 7247-8001 PHILADELPHIA PA 19170 ACCOUNTING SERVICES 671824 ALLIED UNIVERSAL SECURITY SERVICES 229TH WEST 36TH STREET NEW YORK NY 10018 CONTRACT SECURITY SV 591419 ABLE CLEANING SERVICES 1819 UNDERWOOD BLVD STE 3 DELRAN NJ 08075 CONTRACT CLEANING SV 489015 GROUP-S LLCEN-POWER GROUP 50 MAIN STREET SUITE 1000 WHITE PLAINS NY 10606 ENGINEERING SRVCS 436253 SYNTAX SYSTEMS LTD LLC 130 BELMONT DRIVE SOMERSET NJ 08873 IT SERVICES 379166 16 176570 62281190 28161530 102346 90619290 MEMBERSHIP DUES & PROGRAM FEES 813410 40436945 40436945 RESIDENCE & RELATED SERVICES 813410 32243851 32243851 OTHER FEES 813410 605894 605894 73286690 4053986 4053986 0 0 0 0 0 10633448 7000000 9096241 6462798 1537207 537202 2074409 2074409 74997 176570 74997 0 0 0 0 0 0 0 170034375 73286690 6128395 44384 44384 45000 45000 0 0 3529786 614808 2630320 284658 0 52872751 45072747 7050522 749482 1021840 715639 289714 16487 4115311 3560931 474460 79920 14672 -362962 348628 29006 0 170611 64138 106473 573973 573973 31179 31179 0 357305 357305 12631559 11323564 1152187 155808 1503072 1345239 57280 100553 9093939 8660725 328378 104836 8182183 8182183 0 9928198 9720801 192243 15154 9179 9179 0 684990 372296 298926 13768 4225824 4225824 607273 607273 17660006 17462474 177779 19753 3660089 3276976 383113 130963124 114941219 14452480 1569425 47884145 49500976 834000 7536763 2007712 4535773 11561788 15388823 0 0 0 0 0 0 0 0 1068901 890651 577240830 272458139 308102923 304782691 72850717 101206089 0 0 0 0 0 0 22711211 19883251 467021397 503725017 53351853 39583903 0 0 5328411 7630548 43216292 0 0 0 0 0 4877089 3020181 92928810 148429781 1624109 717576 201326564 199381989 X 175378475 232217292 90316358 72125736 265694833 304343028 467021397 503725017 X 39071251 3333048 -3756104 X false true X true true true X 63651224 45132948 44638253 60396985 90619290 304438700 0 0 63651224 45132948 44638253 60396985 90619290 304438700 0 304438700 2006347 2885158 2760300 2429391 4053986 14135182 0 0 318573882 583694832 0.95563 0.95683 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 31179 31179 114910040 114941219 1000000 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 26874 31870 33070 31179 122993 250000 250000 250000 250000 1000000 1500000 84150058 20236367 10791974 8267139 355535 106555725 72839681 368263 14148359 2923857 282388 84150058 59415202 1870904 14608652 2767331 287746 72839681 66042502 322227 -4113050 2538287 298190 59415202 57216272 401789 11118731 2409157 285133 66042502 0.55950 0.43940 0.00110 false false 13423812 13423812 455519727 199437496 256082231 345137 280886 64251 62130057 58696122 3433935 45822097 14043635 31778462 304782691 0 OBLIGATIONS UNDER OPERATING LEASES 717576 717576 169254014 3333048 -3756104 -423056 169677070 357305 357305 170034375 130605819 130605819 357305 357305 130963124 SCHEDULE D, PART XI, LINE 2D - OTHER ADJUSTMENTS CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS : $1,843,338 LOSS ON DEFEASANCE OF DEBT :($5,599,442) TOTAL :($3,756,104) SCHEDULE D, PART V, LINE 4 - THE INTENDED USE OF THE ENDOWMENT FUNDS THE YMCA OF GREATER NEW YORK'S ENDOWMENT FUNDS INCLUDE THOSE ASSETS OF DONOR-RESTRICTED FUNDS THAT THE ORGANIZATION MUST HOLD IN PERPETUITY FOR A DONOR-SPECIFIED PERIOD AND PURPOSE, AS WELL AS UNRESTRICTED BOARD DESIGNATED FUNDS. THE GOAL OF THE ENDOWMENT IS TO SUPPORT VARIOUS YMCA PROGRAMS IN FURTHERANCE OF ITS MISSION. ALL DISTRIBUTIONS ARE MADE AND USED IN STRICT ACCORDANCE WITH DONORS' RESTRICTIONS. THE YMCA OF GREATER NEW YORK HAS A POLICY FOR DONOR RESTRICTED AND BOARD DESIGNATED FUNDS OF APPROPRIATING FOR DISTRIBUTION FOR OPERATIONS EACH YEAR 5 PERCENT OF ITS ENDOWMENT INVESTMENT FUND'S AVERAGE FAIR VALUE OVER THE PRIOR 20 QUARTERS THROUGH JUNE 30TH PRECEDING THE FISCAL YEAR IN WHICH THE DISTRIBUTION IS PLANNED, REGARDLESS OF WHETHER THE FAIR VALUE EXCEEDS THE HISTORICAL COST OF THE FUND. IN ESTABLISHING THIS POLICY, THE YMCA OF GREATER NEW YORK CONSIDERED THE LONG-TERM EXPECTED RETURN ON ITS ENDOWMENT. THE ASSOCIATION'S OBJECTIVE IS TO MAINTAIN THE PURCHASING POWER OF THE ENDOWMENT ASSETS HELD IN PERPETUITY OR FOR A SPECIFIED TERM AS WELL AS TO PROVIDE ADDITIONAL REAL GROWTH THROUGH NEW GIFTS AND INVESTMENT RETURN. THE DISTRIBUTION FROM THE BENEFICIAL INTEREST IN PERPETUAL TRUST TO THE YMCA OF GREATER NEW YORK IS INCLUDED IN THE ENDOWMENT DISTRIBUTION, IS DETERMINED ANNUALLY BY THE TRUSTEES, AND IS 5 PERCENT OF THE AVERAGE FAIR VALUE OF THE TRUST FOR THE PRIOR THREE YEARS ENDED DECEMBER 31. AS A RESULT OF THE COVID-19 PANDEMIC, THE YMCA OF GREATER NEW YORK AGREED TO MAKE A ONE-TIME APPROPRIATION FROM BOARD DESIGNATED ENDOWMENT FUNDS OF $5,391,172 IN THE YEAR ENDED DECEMBER 31, 2021, TO SUPPORT DEBT SERVICE IN ADDITION TO THE ANNUAL APPROPRIATION FOR OPERATIONS. LOUISE T HOOD INTERIM EVE NT DIRECTIO false CT NJ NY SEE PART IV 203066 158734 44332 39700 4632 SEE PART IV 48501 17836 30665 28311 2354 0 251567 176570 74997 68011 6986 74997 0 SCHEDULE G, PART II EVENT #1 IS THE ASSOCIATION GOLF OUTING AND EVENT #2 IS JAMAICA YMCA'S SEVENTH ANNUAL CHARITY GOLF TOURNAMENT. true FROST VALLEY YMCA 2000 FROST VALLEY RD CLARYVILLE NY 12725 221625176 501(C)(3) 30880 N/A N/A CAMPERS SCHOLARSHIPS YMCA CAMP MOHAWK PO BOX 1209 LITCHFIELD CT 06759 060646565 501(C)(3) 13504 N/A N/A CAMPERS SCHOLARSHIPS 2 BLACK ACHIEVERS IN INDUSTRY COLLEGE SCHOLARSHIPS 1 2500 BOOK VON DER HEYDEN COLLEGE SCHOLARSHIPS 8 40000 BOOK HISPANIC ACHIEVERS SCHOLARSHIPS 1 2500 BOOK SCHEDULE I, PART I LINE 2 PROCEDURES FOR MONITORING GRANTS IN THE UNITED STATES OVERALL: THERE IS REGULAR MONTHLY MONITORING OF THE OPERATIONS BY THE MANAGEMENT TEAM. SCHEDULE I, PART IV SCHOLARSHIP PROGRAMS BLACK ACHIEVERS IN INDUSTRY COLLEGE SCHOLARSHIPS: ALL AFRICAN AMERICAN COLLEGE BOUND HIGH SCHOOL SENIORS RESIDING IN THE STATE OF NEW YORK, AND PREVIOUS SCHOLARSHIP RECIPIENTS, CURRENTLY IN THEIR FRESHMAN, SOPHOMORE, AND JUNIOR YEAR OF COLLEGE ARE ELIGIBLE TO APPLY. SCHOLARSHIP AWARDS ARE DETERMINED BY THE BLACK ACHIEVERS IN INDUSTRY SCHOLARSHIP COMMITTEE AND RANGE FROM $2,500 TO $5,000. THIS IS A ONE-TIME AWARD. RECIPIENTS MUST RE-APPLY ANNUALLY TO BE ELIGIBLE FOR FURTHER AWARDS. AWARDS ARE SENT DIRECTLY TO THE RECIPIENT'S SCHOOL OF CHOICE, TO BE CREDITED TO THE RECIPIENT'S TUITION, AND/OR ROOM AND BOARD FEES. VON DER HEYDEN COLLEGE SCHOLARSHIPS: ALL NEW YORK CITY COLLEGE BOUND HIGH SCHOOL STUDENTS RESIDING IN NEW YORK AND INVOLVED IN YMCA OF GREATER NEW YORK TEEN PROGRAMS ARE ELIGIBLE TO APPLY $10,000 TO $25,000 SCHOLARSHIP AWARDS ARE DETERMINED BY THE KARL M VON DER HEYDEN SCHOLARSHIP COMMITTEE TO BE PAID OVER A FOUR YEAR PERIOD DIRECTLY TO THE RECIPIENT'S SCHOOL OF CHOICE TO BE CREDITED TO THE RECIPIENT'S TUITION, AND/OR ROOM AND BOARD FEES. HISPANIC ACHIEVERS SCHOLARSHIPS: ALL COLLEGE BOUND HIGH SCHOOL SENIORS RESIDING IN THE STATE OF NEW YORK AND PARTICIPATING IN THE YMCA OF GREATER NEW YORK ROWE SCHOLARS PROGRAMS ARE ELIGIBLE TO APPLY. ONE TIME SCHOLARSHIP AWARDS OF $2,500 ARE DETERMINED BY THE COMMITTEE TO BE PAID DIRECTLY TO THE RECIPIENT'S SCHOOL OF CHOICE, TO BE CREDITED TO THE RECIPIENT'S TUITION, AND/OR ROOM AND BOARD FEES. X true true X X X X X false true false false false false false true false SHARON GREENBERGER PRESIDENT/CEO 573498 0 0 0 41645 0 3716 0 25364 0 644223 0 0 0 JOSEPH CHAN SVP REAL ESTATE/PROPERTY MGMT 281855 0 100000 0 0 0 7742 0 8921 0 398518 0 0 0 MICHAEL GUARINO EXECUTIVE VP/CFO/TREASURER 340715 0 0 0 10948 0 6899 0 18300 0 376862 0 0 0 MELVIN TSE EVP/COO 306303 0 0 0 9162 0 7339 0 24726 0 347530 0 0 0 ELIZABETH BERGIN CORP SEC/SVP 297970 0 0 0 6993 0 7523 0 8907 0 321393 0 0 0 VERONICA O'SHEA SVP CHIEF MARK&COMMUN OFFICER 275068 0 0 0 0 0 6091 0 8994 0 290153 0 0 0 ANTHONY ESCOBAR SVP CHIEF DEVELOPMENT OFFICER 263769 0 0 0 0 0 2754 0 18135 0 284658 0 0 0 SHARON LEVY VP PUBLIC AFFAIRS 176184 0 75000 0 0 0 7869 0 24361 0 283414 0 0 0 HEATHER LIVERNOIS VP FINANCE 232024 0 0 0 0 0 6350 0 24515 0 262889 0 0 0 PETER DEMEE CHIEF INFORMATION OFFICER 247485 0 0 0 0 0 6543 0 688 0 254716 0 0 0 LORETTA TRAPANI VP MEMBER EXPER&OPERATIONS 227339 0 0 0 0 0 6334 0 17968 0 251641 0 0 0 JAMES TROCCHIA VP HUMAN RESOURCES 199576 0 0 0 0 0 5488 0 24459 0 229523 0 0 0 ELIZABETH TOLEDO-CRUZ VP FIELD OPERATIONS 194184 0 0 0 0 0 5344 0 24412 0 223940 0 0 0 JODY GRAPES VP PROPERTY MGMT 185397 0 0 0 0 0 0 0 24322 0 209719 0 0 0 DORDY JOURDAIN VP FIELD OPERATIONS 183219 0 0 0 0 0 4997 0 17865 0 206081 0 0 0 KATHRYN COLGLAZIER SR EXEC DIRECTOR 179842 0 0 0 0 0 4885 0 15151 0 199878 0 0 0 LAUREN BARR VP YOUTH&COMM DEV 179482 0 0 0 0 0 4819 0 486 0 184787 0 0 0 CEDRIC DEW SR EXEC DIR/TRANSITION HOUSING 148961 0 0 0 0 0 4091 0 17772 0 170824 0 0 0 SCHEDULE J - GENERAL COMPENSATION NOTES (A) COMPENSATION INCLUDES BUT IS NOT LIMITED TO THE FOLLOWING: BASE SALARY, ANNUAL INCENTIVE OPPORTUNITY, DISTRIBUTIONS FROM SEC 457(B) VESTED DEFERRED COMPENSATION PLAN, DISTRIBUTIONS FROM SEC 457(F) NON-VESTED SHORT-TERM DEFERRED COMPENSATION PLAN, DISTRIBUTIONS FROM SEC 457(F) NON-VESTED LONG-TERM DEFERRED COMPENSATION PLAN, SEC 529 QUALIFIED TUITION PLAN, TERM LIFE INSURANCE, VALUE OF INSURANCE (PS58 COSTS) OF WHOLE LIFE INSURANCE IN SEC 457(F) PLAN, SUPPLEMENTAL LONG-TERM DISABILITY INSURANCE, LONG-TERM CARE INSURANCE, AND PAID SEVERANCE PAYMENTS. (B)CONTRIBUTIONS TO EMPLOYEE BENEFIT PLANS AND DEFERRED COMPENSATION INCLUDES BUT IS NOT LIMITED TO THE FOLLOWING: CONTRIBUTION TO SEC 403(B) TAX-SHELTERED ANNUITY PLAN, CONTRIBUTIONS TO SEC 457(B) VESTED DEFERRED COMPENSATION PLAN, CONTRIBUTIONS TO SEC 457(F) NON-VESTED SHORT-TERM DEFERRED COMPENSATION PLAN, CONTRIBUTIONS TO SEC 457(F) NON-VESTED LONG-TERM DEFERRED COMPENSATION PLAN AND PAYMENTS TO WELFARE BENEFIT PLANS ON BEHALF OF THE OFFICERS, DIRECTORS, TRUSTEES, AND KEY EMPLOYEES SUCH AS MEDICAL, DENTAL, LIFE INSURANCE, SEVERANCE PAY, DISABILITY, ETC. (C)EXPENSE ACCOUNTS AND OTHER ALLOWANCES INCLUDE BUT IS NOT LIMITED TO THE FOLLOWING: TAXABLE AND NON-TAXABLE FRINGE BENEFITS (OTHER THAN DE MINIMIS FRINGE BENEFITS DESCRIBED IN SEC 132(E)), EXPENSE ALLOWANCES OR REIMBURSEMENTS TO THE EXTENT THEY ARE TAXABLE TO THE RECIPIENT, PAYMENTS MADE UNDER INDEMNIFICATION ARRANGEMENTS, HOUSING, OR OTHER ASSETS OWNED OR LEASED BY THE ORGANIZATION (OR PROVIDED FOR THE ORGANIZATION'S USE WITHOUT CHARGE). ABOVE ALLOWANCES PROVIDED TO OFFICERS HAVE BEEN INCLUDED AS FORM W-2 COMPENSATION. SCHEDULE J, PART I, LINE 1 ALL EMPLOYEES ON A NONDISCRIMINATORY BASIS RECEIVE, AT NO ADDITIONAL COST TO THE YMCA, MEMBERSHIP TO FACILITIES OF THE YMCA OF GREATER NEW YORK. SCHEDULE J, PART I, LINE 4B NONQUALIFIED RETIREMENT PLAN - SOME OFFICERS, KEY EMPLOYEES AND HIGHEST PAID EMPLOYEES LISTED IN SCHEDULE J, MIGHT PARTICIPATE IN OTHER NONQUALIFIED RETIREMENT PLAN IN 2021. DURING CALENDAR YEAR 2021, THE FOLLOWING INDIVIDUALS VESTED IN A DEFERRED COMPENSATION AND EACH RECEIVED A PAYMENT WHICH IS INCLUDED IN SCHEDULE j, PART II, COLUMN (B)(III). SHARON GREENBERGER $41,645 MICHAEL GUARINO $10,948 MELVIN TSE $ 9,162 ELIZABETH BERGEN $ 6,993 DURING CALENDAR YEAR 2021, THE FOLLOWING INDIVIDUALS PARTICIPATED IN A DEFERRED COMPENSATION PLAN WHICH IS INCLUDED IN SCHEDULE j, PART II, COLUMN (C). SHARON GREENBERGER $727 MICHAEL GUARINO $286 MELVIN TSE $149 ELIZABETH BERGEN $257 SCHEDULE J, PART I, LINE 7 CERTAIN FULL TIME EMPLOYEES WERE AWARDED AND PAID SPECIAL INCENTIVE COMPENSATION FOR EXCEPTIONAL PERFORMANCE IN 2021. THE PAYMENT INFORMATION IS REPORTED ON SCH. J PART II COLUMN B(II). X 10 102346 FMV ON RECEIPT DATE false true false FORM 990, PART III THE ORGANIZATION'S MISSION AND PROGRAM SERVICE EXPENSES A. THE ORGANIZATION'S MISSION THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF GREATER NEW YORK, A NEW YORK NOT-FOR-PROFIT 501(C)(3) CORPORATION, IS A COMMUNITY SERVICE ORGANIZATION FOUNDED IN 1852 FOR ALL NEW YORKERS TO EMPOWER YOUTH, IMPROVE HEALTH AND STRENGTHEN COMMUNITY. THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF GREATER NEW YORK IS REFERRED TO HEREIN AS THE "YMCA OF GREATER NEW YORKTHE "YMCA OF GNY". SERVING APPROXIMATELY 250,000 NEW YORKERS EACH YEAR, THE YMCA OF GREATER NEW YORK IS ONE OF NEW YORK CITY'S LEADING SOCIAL SERVICE ORGANIZATIONS. WE FOCUS ON KEY SOCIAL DETERMINANTS OF HEALTH AND MAXIMIZING THE POTENTIAL OF INDIVIDUALS, RESULTING IN HEALTHIER OUTCOMES AND GREATER ECONOMIC AND SOCIAL MOBILITY FOR ALL WE SERVE. BY IDENTIFYING AND MITIGATING ROOT CAUSES THAT LEAD TO DISPARITIES IN DISADVANTAGED COMMUNITIES, WE SEEK TO ACHIEVE GREATER QUALITY OF LIFE FOR ALL YMCA MEMBERS AND PROGRAM PARTICIPANTS. OUR INTERVENTIONS AND EXPERTISE AREAS INCLUDE PREVENTATIVE HEALTH WITH SPECIAL PROGRAMS DESIGNED FOR SENIORS AND ACTIVE OLDER ADULTS; EDUCATIONAL ATTAINMENT AND COLLEGE ACCESS; JOB READINESS AND SOCIAL COHESION. WHAT SETS THE Y APART IS NOT WHAT WE DO, BUT HOW WE DO IT. FOR OVER 169 YEARS, WE HAVE TRULY BEEN PART OF AND PARTNER TO NEW YORK CITY, COLLABORATING WITH CITY AGENCIES, CORPORATIONS, FOUNDATIONS, AND LOCAL BUSINESSES TO ACHIEVE OUR GOALS. OUR EXTENSIVE EXPERIENCE IN COMMUNITY DEVELOPMENT AND ENGAGEMENT GUIDES OUR EFFORTS TO ACHIEVE EQUITY FOR ALL NEW YORKERS, AND OUR TEAM OF FORWARD-LOOKING PROFESSIONALS ARE INDUSTRY LEADERS WHO STRIVE FOR INNOVATIVE SOLUTIONS. GUIDED BY OUR UNIQUE SERVICE MODEL OF DEEPLY INTEGRATING WITHIN NEIGHBORHOODS ACROSS ALL FIVE BOROUGHS, WE ARE AT THE FOREFRONT OF UNDERSTANDING THE NEEDS OF LOCAL RESIDENTS AND DELIVERING LIFE-CHANGING PROGRAMS AND SERVICES. UNDER OUR HUB AND SPOKE STRUCTURE, WE ARE UNMATCHED IN SCALE AND REACH. WE OPERATE A NETWORK OF 23 BRANCHES CITYWIDE THAT SERVE AS BOTH HEALTH FACILITIES AND COMMUNITY ANCHORS, ALL CONNECTED WITH A CONTINUOUS EXCHANGE OF LEARNINGS THAT LEAD TO NEW STRATEGIES. ALSO INCLUDED IN OUR NETWORK ARE: TWO COUNSELING CENTERS FOR ADDICTION REHABILITATION; SEVEN RESIDENTIAL BRANCHES FOR TRANSITIONAL HOUSING, INCLUSIONARY HOUSING AND GUEST ROOMS; OUR NEW AMERICANS INITIATIVE THAT PROVIDES ESSENTIAL IMMIGRATION SERVICES; AND 50 AFTER-SCHOOL OFFSITES, OFFERING ACADEMIC ENRICHMENT FOR STUDENTS IN EARLY CHILDHOOD, MIDDLE SCHOOL AND HIGH SCHOOL. CORE TO OUR COMMITMENT TO DIVERSITY AND INCLUSION, WE PROUDLY IMPACT THE LIVES OF A HIGHLY DIVERSE BASE OF INDIVIDUALS AND FAMILIES. MORE THAN 70% OF THE YOUTH WE SERVE COME FROM UNDERSERVED COMMUNITIES AND LOW-INCOME HOUSEHOLDS AND OVER 60% OF OUR PROGRAM PARTICIPANTS IDENTIFY AS UNDER-REPRESENTED MINORITIES. FOR DECADES, WE HAVE SOUGHT TO LEVEL THE PLAYING FIELD AND PROVIDE ACCESS TO OPPORTUNITIES TO COMMUNITIES THAT ARE LARGELY UNDER-RESOURCED. AS SUCH, THE Y PURPOSEFULLY INVESTS IN DISTRESSED AREAS TO BE PART OF THE SOLUTIONS TOWARDS UNLOCKING THE POTENTIAL OF THOSE NEIGHBORHOODS. AS A HIGHLY TRUSTED GLOBAL BRAND, WE TAKE SERIOUSLY OUR ABILITY TO DELIVER TRANSFORMATIONAL IMPACT. AND AS WE EMERGE FROM THE COVID-19 PANDEMIC, THE YMCA OF GREATER NEW YORK IS IN A UNIQUE POSITION TO INNOVATE AND SHIFT THE PARADIGM ON PLACE-BASED SOCIAL SERVICE INTERVENTIONS THAT LEAD TO HEALTHIER YOUTH AND FAMILIES AND STRONGER COMMUNITIES ACROSS NEW YORK CITY. IN CONNECTION WITH ANY POTENTIAL OUTBREAK OF COVID-19, THE YMCA OF GNY IS CONTINUING TO MONITOR DEVELOPMENTS AND THE DIRECTIVES OF FEDERAL, STATE, AND LOCAL OFFICIALS TO DETERMINE WHAT PRECAUTIONS AND PROCEDURES NEED TO BE IMPLEMENTED BY THE YMCA OF GNY IN THE EVENT OF THE INCREASED SPREAD OF COVID-19. THE SPREAD OF COVID-19 OR ANY OTHER SIMILAR OUTBREAKS IN THE FUTURE AND THE CONTINUED IMPACT ON SOCIAL INTERACTION, TRAVEL, ECONOMIES AND FINANCIAL MARKETS MAY MATERIALLY IMPACT THE YMCA OF GNY'S FINANCES AND OPERATIONS. THE FULL IMPACT OF COVID-19 AND THE SCOPE OF ANY ADVERSE IMPACT ON THE YMCA OF GYN'S FINANCES AND OPERATIONS CANNOT BE FULLY DETERMINED AT THIS TIME. OTHER ADVERSE CONSEQUENCES OF COVID-19 MAY INCLUDE, BUT ARE NOT LIMITED TO, A DECLINE IN REVENUES, AN INCREASE IN OPERATING COSTS, DECLINES IN THE FAIR VALUE OF INVESTMENS AND/OR POTENTIAL FUTURE LIQUIDITY CONCERNS. B. PROGRAM SERVICES EXPENSES PROGRAM DESCRIPTION AND PROGRAM SERVICE EXPENSES AND REVENUE CONSISTED OF THE FOLLOWING AT DECEMBER 31, 2021: EXPENSES 1) YOUTH DEVELOPMENT - $ 59,384,509 2) HEALTHY LIVING - $ 33,355,882 3) SOCIAL RESPONSIBILITY - $ 22,200,828 REVENUE 1) YOUTH DEVELOPMENT - $8,830,888 2) HEALTHY LIVING - $31,004,359 3) SOCIAL RESPONSIBILITY - $33,451,443 THE TOTAL PROGRAM SERVICE EXPENSES WERE IN THE AMOUNT OF $ 114,941,219 FOR 2021. THE PROGRAM SERVICE EXPENSES INCLUDE GRANTS IN THE AMOUNT OF $89,384. THE TOTAL PROGRAM SERVICE REVENUE WAS IN THE AMOUNT OF $73,286,690. PLEASE ALSO SEE ABOVE FOR A DESCRIPTION OF THE PROGRAMS RUN BY THE YMCA OF GREATER NEW YORK. THE PROGRAM SERVICE EXPENSES INCLUDE SCHOLARSHIPS PAID TO INDIVIDUALS. PLEASE SEE SCHEDULE I FOR MORE DETAILS REGARDING GRANTS PAID IN 2021. FORM 990, PART VI, SECTION A, LINE 11 REVIEW PROCESS FOR FORM 990 FORM 990 IS FIRST SENT TO THE AUDIT AND COMPLIANCE COMMITTEE FOR REVIEW AND THEN SENT TO THE ENTIRE BOARD OF DIRECTORS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12 CONFLICT OF INTEREST POLICY YMCA'S CONFLICT OF INTEREST POLICIES APPLY TO ITS GOVERNING BOARD, CORPORATE OFFICERS, EMPLOYEES AND ANY OTHERS REPRESENTING THE ORGANIZATION. YMCA'S BYLAWS REQUIRE THAT MEMBERS OF ITS GOVERNING BOARD AND ITS CORPORATE OFFICERS DISCLOSE ALL CONFLICTS OF INTEREST PROMPTLY AT THE TIME THEY ARISE, AND ANNUALLY VIA A WRITTEN DISCLOSURE PROCESS. THE GOVERNING BOARD IS CHARGED WITH REVIEWING CONFLICT OF INTEREST TRANSACTIONS AND ASSOCIATED DECISIONS, AND MAKING A DETERMINATION REGARDING ANY RESTRICTIONS TO BE IMPOSED ON THE TRANSACTION. THEIR DETERMINATION AND ALL MATERIAL FACTS ARE RECORDED IN MEETING MINUTES. YMCA'S EMPLOYEES ARE LIKEWISE REQUIRED TO DISCLOSE TO THEIR SUPERVISORS PROMPTLY, AND IN WRITING, ALL CONFLICTS OF INTEREST THAT ARISE AND UPPER-LEVEL MANAGERS ADDITIONALLY COMPLETE AN ANNUAL CONFLICT OF INTEREST DISCLOSURE STATEMENT. AN EMPLOYEE'S SUPERVISOR IS CHARGED WITH REVIEWING A REPORTED CONFLICT OF INTEREST AND ENSURING THAT THE EMPLOYEE IS NOT INVOLVED IN DECISIONS RELATED TO THE CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION POLICY AT ITS REGULAR MEETING HELD IN JANUARY 24, 2022, THE EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS OF THE YMCA OF GREATER NEW YORK CONDUCTED A REVIEW OF THE REASONABLENESS OF THE COMPENSATION BEING PROVIDED TO THE CHIEF EXECUTIVE AND OTHER TOP EXECUTIVE OFFICERS OF THE YMCA OF GREATER NEW YORK, INCLUDING THE EXECUTIVE VP'S AND THE SR VP'S, ALL IN ACCORDANCE WITH TREAS. REG. S. 53.4958-6(C)(2). MOST RECENTLY IN JANUARY 29, 2020, FOR THIS PURPOSE AND TO SATISFY THE PROFESSIONAL ADVICE REQUIREMENTS OF TREAS. REG. S. 53.4958-1(D)(4)(III), THE COMMITTEE RETAINED SMITH COMPENSATION CONSULTING TO COMPARE THE YMCA OF GREATER NEW YORK'S COMPENSATION AND BENEFITS TO MAJOR NEW YORK CITY NON-PROFITS AND MAJOR U.S. METROPOLITAN YMCA'S. BASED ON THIS DATA AND COMPARATIVE REPORT PREPARED BY SMITH COMPENSATION CONSULTING, THE COMMITTEE CONCLUDED THAT THE COMPENSATION AND BENEFITS PROVIDED TO THE CHIEF EXECUTIVE AND TO THE OTHER TOP EXECUTIVE OFFICERS IS REASONABLE AND NOT EXCESSIVE, IN TERMS OF THE IRS "INTERMEDIATE SANCTIONS" REGULATIONS. THE COMMITTEE CONDUCTS A COMPLETE INTERMEDIATE SANCTIONS REVIEW IN ACCORDANCE WITH THE APPLICABLE TREASURY REGULATIONS TYPICALLY NO LESS THAN BI-ANNUALLY. AS A RESULT OF THE IMPACT OF COVID-19 PANDEMIC ON OPERATIONS AND RESULTING REDUCTION OF EXECUTIVE COMPENSATION, THE BI-ANNUAL INTERMEDIARY SANCITIONS REVIEW HAS BEEN DELAYED TO 2023. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS AVAILABLE FOR PUBLIC INSPECTION FINANCIAL STATEMENTS ARE AVAILABLE ON GUIDESTAR AND THE YMCA OF GREATER NEW YORK WEBSITE. OTHER GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS OR FUND BALANCE CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS: $1,843,338 LOSS ON DEFEASANCE OF DEBT : ($5,599,442) TOTAL LINE 9 : ($3,756,104) YMCA RETIREMENT FUND 120 BROADWAY NEW YORK NY 10271 135562401 SUPPORTING NY 501(C)(3) 12 TYPE I NA false PERPETUAL TRUST (1) TRUST DISTRIB NY NA TRUST false true false false false false false false false false false false false false false false false true true