2021-10-12T15:37:51-05:00 2020-12-31 PricewaterhouseCoopers LLP 300 Madison Avenue New York NY 10017 990 2020-01-01 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 2021-10-12 true MICHAEL GUARINO 999009999 LAURA J PARELLO P01080295 6464713000 2021-10-07 2 2020 2022-09-23 18:48:47Z SHARON GREENBERGER 5 WEST 63RD STREET 6TH FLOOR NEW YORK NY 10023 145896028 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. 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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 699633 0 213515 MICHAEL GUARINO EXECUTIVE VP/CFO/TREASURER 40.0 0.0 X 393781 0 131157 MELVIN TSE EVP/COO 40.0 0.0 X 376369 0 131765 ELIZABETH BERGIN CORP SEC/SVP 40.0 0.0 X 354671 0 111278 JOSEPH CHAN SVP REAL ESTATE/PROPERTY MGMT 40.0 0.0 X 331343 0 29571 VERONICA O'SHEA SVP CHIEF MARK&COMMUN OFFICER 40.0 0.0 X 274904 0 8566 HEATHER LIVERNOIS VP FINANCE 40.0 0.0 X 242822 0 37822 ANTHONY ESCOBAR SVP CHIEF DEVELOPMENT OFFICER 40.0 0.0 X 249936 0 16947 LORETTA TRAPANI VP MEMBER EXPER&OPERATIONS 40.0 0.0 X 228865 0 30587 JAMES TROCCHIA VP HUMAN RESOURCES 40.0 0.0 X 210341 0 35813 PETER DEMEE CHIEF INFORMATION OFFICER 40.0 0.0 X 231069 0 12844 ELIZABETH TOLEDO-CRUZ VP FIELD OPERATIONS 40.0 0.0 X 198638 0 34840 KATHRYN COLGLAZIER SR EXEC DIRECTOR 40.0 0.0 X 206241 0 25788 DORDY JOURDAIN VP FIELD OPERATIONS 40.0 0.0 X 193815 0 28413 SHARON LEVY VP PUBLIC AFFAIRS 40.0 0.0 X 183007 0 34101 CEDRIC DEW SR EXEC DIR/TRANSITION HOUSING 40.0 0.0 X 181079 0 27082 ANITA HARVEY SR EXECUTIVE DIRECTOR 40.0 0.0 X 188985 0 10957 LAUREN BARR VP YOUTH&COMM DEV 40.0 0.0 X 181380 0 10924 SANDIE O'CONNOR CHAIR 1.0 0.0 X 0 0 0 NANCY CALDERON VICE 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 AS OF 9/2020 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) AS OF 1/2020 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 BRYAN GONTERMAN DIRECTOR THRU 8/2020 1.0 0.0 X 0 0 0 STANLEY GRAYSON DIRECTOR THRU 1/2020 1.0 0.0 X 0 0 0 CAS HOLLOWAY DIRECTOR 1.0 0.0 X 0 0 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7247-8001 PHILADELPHIA PA 19170 ACCOUNTING SERVICES 550953 ABLE CLEANING SERVICES OF NJ LLC 1819 UNDERWOOD BOULEVARD SUITE 3 DELRAN NJ 08075 CONTRACT CLEANING SV 413139 MARVEL ARCHITECHS PLLC 146 HUDSON STREET FLOOR 3 NEW YORK NY 10013 ARCHITECTURE SRVCS 409140 SYNTAX SYSTEMS LTD LLC 130 BELMONT DRIVE SOMERSET NJ 08873 IT HOSTING & SUPPORT 364021 12 40169 52759901 7596915 216059 60396985 MEMBERSHIP DUES & PROGRAM FEES 813410 34471855 34471855 RESIDENCE & RELATED SERVICES 813410 23644984 23644984 OTHER FEES 813410 762813 762813 58879652 2429391 2429391 0 0 0 0 0 24184261 19507977 4676284 4676284 4676284 5739 40169 5739 0 0 0 0 0 0 0 0 126382312 58879652 7105675 0 165000 165000 0 0 4639001 1056113 3316005 266883 0 47194750 41359751 5061558 773441 1711323 1335368 346511 29444 5131263 4093167 937549 100547 10533156 9509820 851544 171792 0 571150 193658 377492 510059 510059 33070 33070 0 282388 282388 10283568 9779129 313755 190684 1935965 1735161 69327 131477 5644581 5035039 490591 118951 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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. LOUISE T HOOD INTERIM EVE NT DIRECTIO false CT NJ NY SEE PART IV 20923 20923 SEE PART IV 11600 10585 1015 4 13385 8661 4724 5739 45908 40169 5739 5739 5739 SCHEDULE G, PART II EVENT #1 IS THE DIGNITY INITIATIVE AND EVENT #2 IS THE QUEENS SCHOLARS IN INDUSTRY. true BLACK ACHIEVERS IN INDUSTRY COLLEGE SCHOLARSHIPS 48 120000 BOOK VON DER HEYDEN COLLEGE SCHOLARSHIPS 8 40000 BOOK HISPANIC ACHIEVERS SCHOLARSHIPS 2 5000 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 X true true X X X X X false true false false false false false true false SHARON GREENBERGER PRESIDENT/CEO 462468 0 180000 0 57165 0 189079 0 24436 0 913148 0 0 0 MICHAEL GUARINO EXECUTIVE VP/CFO/TREASURER 291096 0 86188 0 16497 0 113587 0 17570 0 524938 0 0 0 MELVIN TSE EVP/COO 280097 0 82875 0 13397 0 107871 0 23894 0 508134 0 0 0 ELIZABETH BERGIN CORP SEC/SVP 265916 0 77250 0 11505 0 102373 0 8905 0 465949 0 0 0 JOSEPH CHAN SVP REAL ESTATE/PROPERTY MGMT 256343 0 75000 0 0 0 20694 0 8877 0 360914 0 0 0 VERONICA O'SHEA SVP CHIEF MARK&COMMUN OFFICER 254904 0 20000 0 0 0 0 0 8566 0 283470 0 0 0 HEATHER LIVERNOIS VP FINANCE 214069 0 28753 0 0 0 14197 0 23625 0 280644 0 0 0 ANTHONY ESCOBAR SVP CHIEF DEVELOPMENT OFFICER 244936 0 5000 0 0 0 0 0 16947 0 266883 0 0 0 LORETTA TRAPANI VP MEMBER EXPER&OPERATIONS 203015 0 25850 0 0 0 13369 0 17218 0 259452 0 0 0 JAMES TROCCHIA VP HUMAN RESOURCES 184585 0 25756 0 0 0 12357 0 23456 0 246154 0 0 0 PETER DEMEE CHIEF INFORMATION OFFICER 231069 0 0 0 0 0 11993 0 851 0 243913 0 0 0 ELIZABETH TOLEDO-CRUZ VP FIELD OPERATIONS 181595 0 17043 0 0 0 11428 0 23412 0 233478 0 0 0 KATHRYN COLGLAZIER SR EXEC DIRECTOR 192592 0 13649 0 0 0 10907 0 14881 0 232029 0 0 0 DORDY JOURDAIN VP FIELD OPERATIONS 168815 0 25000 0 0 0 11355 0 17058 0 222228 0 0 0 SHARON LEVY VP PUBLIC AFFAIRS 163996 0 19011 0 0 0 10684 0 23417 0 217108 0 0 0 CEDRIC DEW SR EXEC DIR/TRANSITION HOUSING 161079 0 20000 0 0 0 10098 0 16984 0 208161 0 0 0 ANITA HARVEY SR EXECUTIVE DIRECTOR 176985 0 12000 0 0 0 10349 0 608 0 199942 0 0 0 LAUREN BARR VP YOUTH&COMM DEV 161360 0 20020 0 0 0 10342 0 582 0 192304 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 OFFICERS ARE ALLOWED TO TRAVEL FIRST CLASS IN VERY LIMITED INSTANCES. 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 2020. DURING CALENDAR YEAR 2020, 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 $57,165 MICHAEL GUARINO $16,497 MELVIN TSE $13,397 ELIZABETH BERGEN $11,505 DURING CALENDAR YEAR 2020, THE FOLLOWING INDIVIDUALS PARTICIPATED IN A DEFERRED COMPENSATION PLAN WHICH IS INCLUDED IN SCHEDULE j, PART II, COLUMN (C). SHARON GREENBERGER $160,579 MICHAEL GUARINO $90,321 MELVIN TSE $85,002 ELIZABETH BERGEN $80,954 SCHEDULE J, PART I, LINE 7 FULL TIME EMPLOYEES WHO MEET SPECIFIC ANNUAL PERFORMANCE GOALS ARE ELIGIBLE TO PARTICIPATE IN THE ANNUAL INCENTIVE OPPORTUNITY. INCENTIVE AWARDS ARE DISTRIBUTED BASED ON PERFORMANCE RATING. PARTICIPANTS MUST BE ACTIVELY EMPLOYED ON THE DATE INCENTIVE PAYMENTS ARE DISTRIBUTED. THE PAYMENT INFORMATION IS REPORTED ON SCH. J PART II COLUMN B(II). A BUILD NYC RESOURCE CORPORATION 454040561 12008EKS4 2015-11-04 45277393 CONSTRUCTION false false false A 0 0 48235118 3455716 0 0 871150 0 0 9956205 33952056 0 2019 false true true true A false false false false 0.00140 0.00140 false false false true A false false false false false false 0 false 0 false true A true SCHEDULE K, PART II, LINE 3 COLUMNS (A) THE TOTAL PROCEEDS OF ISSUE ARE NOT IDENTICAL TO THE ISSUE PRICE LISTED IN PART I, COLUMN (E) FOR BOTH BONDS DUE TO INVESTMENT EARNINGS. SCHEDULE K, PART III YMCA OF GREATER NEW YORK PERFORMED A PRIVATE BUSINESS USE STUDY AND FOUND MINIMAL PRIVATE BUSINESS USE ASSOCIATED WITH THE INCIDENTAL USE OF SPACE FOR VENDED REFRESHMENTS, SNACKS, MEALS AND OTHER PRODUCTS FOR THE BENEFIT OF MEMBERS. SCHEDULE K, PART V THE YMCA OF GREATER NEW YORK HAS WRITTEN PROCEDURES FOR A CORRECTIVE PLAN. AURORA MINDUR DAUGHTER OF KEY EMPLOYEE 16835 EMPLOYMENT false SCHEDULE L, PART IV, LINE 1, COLUMN (D) THE DAUGHTER OF THE KEY EMPLOYEE LISTED IN SCHEDULE L, PART IV WAS AN EMPLOYEE OF YMCA DURING THE REPORTING PERIOD. HER COMPENSATION REPORTED ON SCHEDULE L WAS DETERMINED IN ACCORDANCE WITH YMCA'S REGULAR COMPENSATION PRACTICES APPLICABLE TO SIMILARLY SITUATED EMPLOYEES. X 10 216059 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". THE STORY OF THE YMCA OF GREATER NEW YORK IS A STORY 168 YEARS IN THE MAKING THAT TODAY REACHES APPROXIMATELY 250,000 NEW YORKERS. IT IS A STORY OF MAJOR NEW INITIATIVES AND UNPRECEDENTED GROWTH, INCLUDING THE BUILDING OF NEW FACILITIES IN BEDFORD-STUYVESANT, CONEY ISLAND, THE ROCKAWAYS, CHELSEA, CHINATOWN, DOWNTOWN BROOKLYN, PROSPECT PARK AND THE BRONX. IT IS A STORY OF UNPRECEDENTED IMPACT, INCLUDING SPONSORED, FREE AND SUBSIDIZED PROGRAMS TO THOUSANDS OF MEMBERS AND PROGRAM PARTICIPANTS, ASSURING THEM OF AN EQUAL OPPORTUNITY TO BENEFIT FROM THE YMCA OF GNY'S PROGRAMS AND SERVICES. FROM ITS HUMBLE BEGINNINGS IN RENTED ROOMS PROVIDING SHELTER TO YOUNG MEN ON MANHATTAN'S LOWER EAST SIDE, THE YMCA OF GREATER NEW YORK HAS GROWN TO SERVE APPROXIMATELY 250,000 PEOPLE EACH YEAR THROUGH 22 FULL-SERVICE BRANCHES (EACH A "BRANCH") THROUGHOUT THE FIVE BOROUGHS THAT TOTAL MORE THAN 1.4 MILLION SQUARE FEET OF PROGRAM SPACE IN NEW YORK CITY. TWO ADDITIONAL BRANCHES ARE IN DEVELOPMENT IN THE BRONX. IN ADDITION, THE YMCA OF GREATER NEW YORK OWNS APPROXIMATELY 1,000 ACRES OF UPSTATE NEW YORK WOODLANDS, WHERE IT OPERATES A CAMP WITH THREE DISTINCT UNITS AND A MEETING CENTER, EACH COMMITTED TO FOSTERING PERSONAL GROWTH IN CHILDREN AND TEENS AND TEACHING ENVIRONMENTAL EDUCATION. THE YMCA OF GREATER NEW YORK ALSO OPERATES PROGRAMS INCLUDING AFTER-SCHOOL CARE, YOUTH SPORTS AND ADULT EDUCATION AT MORE THAN 50 SITES AT NEW YORK CITY PUBLIC SCHOOLS, PARKS AND COMMUNITY FACILITIES. IN NEIGHBORHOODS ACROSS NEW YORK CITY, THE YMCA OF GREATER NEW YORK HAS THE PRESENCE, VISION, LEADERSHIP AND CREDIBILITY TO DELIVER LASTING AND PERSONAL SOCIAL CHANGE, RESULTING IN A BETTER FUTURE FOR ALL NEW YORKERS. THE YMCA OF GREATER NEW YORK DEVELOPS NEW YORK CITY'S YOUTH, DELIVERING PROGRAMS TO APPROXIMATELY 125,000 CHILDREN AND TEENS THAT ENGENDER POSITIVE BEHAVIORS, BETTER HEALTH AND IMPROVED EDUCATIONAL ACHIEVEMENT. THE YMCA OF GREATER NEW YORK IMPROVES THE HEALTH AND WELL BEING OF NEW YORKERS, LEVERAGING ITS GROWING CAPACITY AND LOCAL REACH TO EXPAND PROGRAMS THAT IMPROVE COMMUNITY HEALTH. THE YMCA OF GREATER NEW YORK PROVIDES A STRONG FOCUS ON NEW YORK CITY'S MOST CRITICAL SOCIAL NEEDS, MOST VULNERABLE CITIZENS AND UNDERSERVED POPULATIONS. AMONG THE HUNDREDS OF PROGRAMS OFFERED BY THE YMCA OF GREATER NEW YORK ARE YOUTH PROGRAMS, INCLUDING INFANT CARE, UNIVERSAL PRE-KINDERGARTEN, CHILD CARE, DAY CARE AND AFTER SCHOOL CARE PROGRAMS; SWIMMING AND SPORTS LEAGUES; INSTRUCTIONAL CLASSES; EVENING TEEN CENTERS; COUNSELING AND HEALTH AWARENESS; LIFE/SOCIAL SKILLS; MENTORING; LEADERSHIP TRAINING AND DEVELOPMENT; SERVICE LEARNING; COMPUTER TRAINING; COLLEGE/CAREER PREPARATION; AND DAY CAMPS. ALL YOUTH PROGRAMS ARE DESIGNED TO NURTURE THE POTENTIAL OF EACH CHILD AND TEEN. ALL OF THE YMCA OF GREATER NEW YORK'S PROGRAMS TEACH THE CORE VALUES OF CARING, HONESTY, RESPECT AND RESPONSIBILITY AND CONTINUE ITS TRADITION OF EMPHASIS UPON YOUTH DEVELOPMENT, HEALTHY LIVING AND SOCIAL RESPONSIBILITY. THE YMCA OF GREATER NEW YORK GIVES THOUSANDS OF YOUNG PEOPLE A PLACE TO COME AFTER SCHOOL FOR SAFE AND PRODUCTIVE ACTIVITIES THAT ENCOURAGE AND SUPPORT ACADEMIC PERFORMANCE AND THAT HELP TO BUILD THEIR SELF-ESTEEM AND DEVELOP HEALTHY LIFESTYLES. THE YMCA OF GNY HAS ALWAYS GROWN FROM WITHIN ITS COMMUNITY AND IS A REFLECTION OF THE DIVERSITY AND VALUES OF THAT COMMUNITY. AT THE YMCA OF GNY, NO ONE IS TURNED AWAY DUE TO AN INABILITY TO PAY. TO OFFER THE BROADEST POSSIBLE ACCESS TO ITS PROGRAMS, SERVICES AND FACILITIES AND TO PROVIDE FOR THOSE INDIVIDUALS AND COMMUNITY GROUPS THAT MIGHT NOT BE ABLE TO AFFORD THE FULL COST OF ITS PROGRAMS, SERVICES AND FACILITIES, THE YMCA OF GNY ENGAGES IN FUNDRAISING THROUGH THE ANNUAL CAMPAIGN, SPECIAL EVENTS AT THE CORPORATE AND BRANCH LEVELS, GRANTS, BEQUESTS AND INDIVIDUAL, CORPORATE AND FOUNDATION SUPPORT. IN JANUARY 2020, THE WORLD HEALTH ORGANIZATION DECLARED THE NOVEL STRAIN OF CORONAVIRUS ("COVID-19") A PUBLIC HEALTH EMERGENCY OF INTERNATIONAL CONCERN. IN RESPONSE TO THE OUTBREAK OF COVID-19 AND THE RESULTING FEDERAL STATE, AND LOCAL GOVERNMENT DIRECTIVES, ON OR ABOUT MARCH 16, 2020, THE YMCA OF GNY CLOSED ALL OF ITS CHILDCARE OPERATIONS, DISCONTINUED FITNESS AND NONRESIDENT OPERATIONS, AND CLOSED ALL OF ITS BRANCHES, WITH THE EXCEPTION OF THOSE OFFERING TRANSITIONAL HOUSING, GUEST ROOM RESIDENCE AND COUNSELING PROGRAMS. WHEN THESE RESTRICTIONS WERE SOMEWHAT RELAXED IN SEPTEMBER 2020, THE YMCA OF GNY WAS ABLE TO RECOMMENCE MEMBERSHIP OPERATIONS AT MANDATED LIMITS, INCLUDING CAPACITY AND PROGRAMMATIC LIMITATIONS, AT TEN OF ITS LOCATIONS. IN ADDITION, GOVERNMENT FUNDED CHILDCARE PROGRAMS WERE EXPANDED IN SEPTEMBER 2020 TO PROVIDE IN PERSON CHILDCARE SERVICES AT 22 LOCATIONS FOR DAYS THE CHILDREN WERE SCHEDULED FOR REMOTE LEARNING AT SCHOOL. OTHER FEE FOR SERVICE PROGRAMMING WAS ALSO RESUMED AT LEVELS LIMITED BY GOVERNMENT MANDATES IN 2020. AS A RESULT, THE YMCA OF GNY EXPERIENCED A SIGNIFICANT DECLINE IN ITS MEMBERSHIP DUES AND PROGRAM FEES REVENUES DURING 2020. THE YMCA OF GNY TOOK IMMEDIATE STEPS TO INCREASE REVENUES, REDUCE OPERATING COSTS, AND CONSERVE CASH, INCLUDING FURLOUGHING OF STAFF. THE YMCA OF GNY PIVOTED TO REVENUE STREAMS NOT SUSCEPTIBLE TO DISRUPTION ARISING FROM THE PANDEMIC. MORE SPECIFICALLY, THE YMCA OF GNY (A) TRANSITIONED GUEST ROOM OPERATIONS TO TRANSITIONAL HOUSING, (B) ENTERED INTO GOVERNMENT CONTRACTS TO PROVIDE VIRTUAL (AND LATER WHEN PERMITTED, IN PERSON) PROGRAMMING, AND (C) PROVIDED FEE FOR SERVICE CHILDCARE AND CAMP SERVICES TO THE CHILDREN OF FIRST RESPONDERS. THE YMCA OF GNY EMPHASIZED INCREASED PRIVATE AND GOVERNMENTAL SUPPORT TO REPLACE REVENUES LOST ON ACCOUNT OF THE REDUCTION OF MEMBERSHIP AND RELATED FEES. THE YMCA OF GNY SOUGHT WHENEVER POSSIBLE TO RENEGOTIATE SERVICE AND OTHER CONTRACTS. AS THE EXTENT AND DURATION OF THE MANDATED SHUTDOWNS BECAME CLEAR, THE YMCA OF GNY LAID OFF MANY OF ITS FURLOUGHED EMPLOYEES. THE YMCA OF GNY EXPECTS THAT THESE DISLOCATIONS WILL CONTINUE TO AFFECT ITS OPERATIONS IN FISCAL 2021. ALTHOUGH THE YMCA OF GNY IS GUARDEDLY HOPEFUL THAT THE WORST EFFECTS OF THE PANDEMIC MAY NOW BE IN THE PAST, IT IS IMPOSSIBLE TO PREDICT THE FULL IMPACT OF CONTINUED RESTRICTIONS AND CHANGE IN INDIVIDUAL BEHAVIOR TRIGGERED BY THE PANDEMIC. TO THAT END, THE YMCA OF GNY CONTINUES TO MONITOR COVID-19 DEVELOPMENTS AND POTENTIAL FOR SIMILAR OUTBREAKS TO AFFECT SOCIAL INTERACTION, TRAVEL, ECONOMIES AND FINANCIAL MARKETS. WHILE THE FULL IMPACT OF COVID-19 CANNOT BE FULLY DETERMINED AT THIS TIME, ADVERSE CONSEQUENCES OF COVID-19 MAY INCLUDE, BUT ARE NOT LIMITED TO, A FURTHER DECLINE IN REVENUES, DETERIORATION IN THE FAIR VALUE OF INVESTMENTS, 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, 2020: EXPENSES 1) YOUTH DEVELOPMENT - $51,578,312 2) HEALTHY LIVING - $35,093,662 3) SOCIAL RESPONSIBILITY - $28,157,293 REVENUE 1) YOUTH DEVELOPMENT - $5,463,034 2) HEALTHY LIVING - $29,106,501 3) SOCIAL RESPONSIBILITY - $24,310,117 THE TOTAL PROGRAM SERVICE EXPENSES WERE IN THE AMOUNT OF $114,829,267 FOR 2020. THE PROGRAM SERVICE EXPENSES INCLUDE GRANTS IN THE AMOUNT OF $165,000. THE TOTAL PROGRAM SERVICE REVENUE WAS IN THE AMOUNT OF $58,879,652. 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 2020. 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 28, 2021, 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). BIANNUALLY, 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 NO LESS THAN BI-ANNUALLY. 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: $1,188,099 LOSS ON DEFEASANCE OF DEBT : ($1,955,944) TOTAL LINE 9 : ($767,845) 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