2018-07-31T12:09:05-05:00 2017-12-31 410746749 CLIFTONLARSONALLEN LLP 370 INTERLOCKEN BLVD SUITE 500 BROOMFIELD CO 80021 990 2017-01-01 840402696 YOUNG MEN'S CHRISTIAN ASSOCIATION OF METROPOLITAN DENVER YOUN 7205242700 2625 S COLORADO BLVD DENVER CO 80222 JACKIE C LOH VP OF FINANCE/CFO 7205242700 2018-07-17 1 ADAM PYZDROWSKI P01603682 3034668822 2017 2022-09-23 18:48:47Z JIM HINER 2625 S COLORADO BLVD DENVER CO 80222 28810865 0 X WWW.DENVERYMCA.ORG X 1875 CO PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD HEALTHY SPIRIT, MIND, AND BODY. 27 27 1696 1571 0 0 5943291 5225406 20371120 21709337 60382 109150 548660 502499 26923453 27546392 0 0 0 0 13939843 14963035 12000 0 545839 9418211 9937550 23370054 24900585 3553399 2645807 32711459 35589234 10166652 10056393 22544807 25532841 X THE MISSION OF THE YMCA OF METROPOLITAN DENVER IS TO PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD HEALTHY SPIRIT, MIND, AND BODY FOR ALL. THE YMCA OF METROPOLITAN DENVER IS RECOGNIZED AS THE AREA'S LARGEST PROVIDER OF FAMILY SERVICES. ALL PERSONS ARE WELCOME AT THE YMCA, REGARDLESS OF AGE, GENDER, RACE, CREED, OR ABILITY TO PAY. THE YMCA IS LED BY VOLUNTEERS FROM OUR COMMUNITY, PROVIDING MENTORING, COACHING, AND PROGRAM LEADERSHIP. THE YMCA STRENGTHENS OUR COMMUNITY THROUGH OUR FOCUS ON YOUTH DEVELOPMENT, HEALTHY LIVING, AND SOCIAL RESPONSIBILITY. 0 0 11826572 11434086 HEALTHY LIVING PROGRAMS: 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, SUCH AS DIABETIC PREVENTION PROGRAM, LIVE STRONG, AUTISM RESPITE PROGRAM, GROUP EXERCISE CLASSES, NUTRITION COUNSELING, AND AQUATICS. AS A RESULT, 2,171 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. IN 2017, WE PROVIDED $284,000 IN FINANCIAL ASSISTANCE AND PROGRAM DISCOUNT TO PEOPLE WHO OTHERWISE MAY NOT HAVE BEEN ABLE TO AFFORD TO PARTICIPATE. 10155438 10181033 YOUTH DEVELOPMENT PROGRAMS: OUR Y 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 IS WHY WE HELP YOUNG PEOPLE CULTIVATE THE VALUES, SKILLS, AND RELATIONSHIPS THAT LEAD TO POSITIVE BEHAVIORS, BETTER HEALTH AND EDUCATIONAL ACHIEVEMENT. OUR Y PROGRAMS, SUCH AS POWER SCHOLARS, DAY CAMPS, BEFORE-AND-AFTER-SCHOOL CARE, EARLY CHILDHOOD EDUCATION, AND YOUTH SPORTS, OFFER A RANGE OF EXPERIENCES THAT ENRICH COGNITIVE, SOCIAL, PHYSICAL, AND EMOTIONAL GROWTH. IN 2017, WE PROVIDED $1,123,000 SUBSIDIES AND DIRECT FINANCIAL ASSISTANCE THAT MAKE PARTICIPATION POSSIBLE FOR 1,568 OF THE YOUNG PEOPLE WE ENGAGE. 384455 94218 SOCIAL RESPONSIBILITY: OUR Y BELIEVES IN GIVING BACK AND SUPPORTING OUR NEIGHBORS. WE HAVE BEEN LISTENING AND RESPONDING TO OUR COMMUNITY'S MOST CRITICAL SOCIAL NEEDS FOR MORE THAN 141 YEARS. Y PROGRAMS, SUCH AS Y NEIGHBORS, FIT FOR SUCCESS, TOGETHERHOOD, DIVERSITY, AND INCLUSION AND GLOBAL STRATEGIES, ARE EXAMPLES OF HOW WE DELIVER TRAINING, RESOURCES AND SUPPORT THAT EMPOWER OUR NEIGHBORS TO EFFECT CHANGE, BRIDGE GAPS AND OVERCOME OBSTACLES. IN 2017, WE ENGAGED 53,500 YMCA MEMBERS, PARTICIPANTS AND VOLUNTEERS IN ACTIVITIES THAT STRENGTHEN OUR COMMUNITY AND PAVE THE WAY FOR FUTURE GENERATIONS TO THRIVE. 22366465 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 0 0 0 0 1 124 0 1696 1 0 0 0 0 0 1 1 0 0 0 0 X 27 27 0 0 0 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 0 0 X JACKIE LOH 7205242700 2625 S COLORADO BLVD DENVER CO 80222 JARROD LASSEN BOARD CHAIR 2.00 X X 0 0 0 LEONARD RICE SECRETARY 2.00 X X 0 0 0 KRISTEN SUNDIN TREASURER; VICE CHAIR: CHAIR ELECT 2.00 X X 0 0 0 RICH KARLIS PAST BOARD CHAIR 2.00 X 0 0 0 VINCE ABRUE TRUSTEE 2.00 X 0 0 0 MARI AKERS TRUSTEE 2.00 X 0 0 0 JIM BICKFORD TRUSTEE 2.00 X 0 0 0 MATTHEW BROWN TRUSTEE 2.00 X 0 0 0 ANDREW CANTOR TRUSTEE 2.00 X 0 0 0 BRANDEE CASWELL TRUSTEE 2.00 X 0 0 0 THOMAS CURRIGAN JR TRUSTEE 2.00 X 0 0 0 BOB DIVERS TRUSTEE 2.00 X 0 0 0 CARLA DORE TRUSTEE 2.00 X 0 0 0 TERRI EICHMAN TRUSTEE 2.00 X 0 0 0 DAVID FERRILL TRUSTEE 2.00 X 0 0 0 BRENDAN FISHER TRUSTEE 2.00 X 0 0 0 JONATHAN FUND TRUSTEE 2.00 X 0 0 0 JULIE HILL TRUSTEE 2.00 X 0 0 0 BILL KIRSCHNER TRUSTEE 2.00 X 0 0 0 CHERYLE MANGELS TRUSTEE 2.00 X 0 0 0 JAMES MARLOW TRUSTEE 2.00 X 0 0 0 LAYNE MIELKE TRUSTEE 2.00 X 0 0 0 MICHAEL MOORE TRUSTEE 2.00 X 0 0 0 JOE SPRAGUE TRUSTEE 2.00 X 0 0 0 BILL TANIS TRUSTEE 2.00 X 0 0 0 ROBERTA TUCKER TRUSTEE 2.00 X 0 0 0 ZACH YEOMAN TRUSTEE 2.00 X 0 0 0 MIKE DINO TRUSTEE 2.00 X 0 0 0 AMY GRANT TRUSTEE 2.00 X 0 0 0 NANCY JOSEPH-GOULD TRUSTEE 2.00 X 0 0 0 MARC LOVATO TRUSTEE 2.00 X 0 0 0 JAMES HINER PRESIDENT & CEO 40.00 X 190145 0 24307 EUGENE DEMANINCOR SR. VP/COO 40.00 X 133213 0 18570 JACKIE LOH VP FINANCE/CFO 40.00 X 101360 0 15230 GLORIA PRICE VP DEVELOPMENT 40.00 X 78225 0 16666 STEPHEN HOMBURGER VP HUMAN RESOURCES 40.00 X 97001 0 9873 599944 0 84646 3 0 1 0 RD3 INC 9871 E PROGRESS CIRCLE GREENWOOD VILLAGE CO 80111 MAINTENANCE 728544 KG CLEAN INC 7270 W 118TH PLACE UNIT F BROOMFIELD CO 80020 JANITORIAL SERVICE 515991 DAXKO 600 UNIVERSITY PLACE SUITE 500 BIRMINGHAM AL 35209 OPERATING SYSTEM 197247 VECTRA MECHANICAL INC 7511 BEACH COURT WESTMINSTER CO 80030 FACILITY MAINTENANCE 122889 SEEGEE TECHNOLOGIES INC 5665 NEW NORTHSIDE DRIVE SUITE 530 ATLANTA GA 30328 APPLICATION SERVICE PROVIDER 103229 6 211625 324615 552618 4136548 160115 5225406 HEALTHY LIVING 813410 11434086 11434086 YOUTH DEVELOPMENT 813410 10181033 10181033 SOCIAL RESPONSIBILITY 813410 94218 94218 21709337 83827 83827 133691 36076 97615 97615 97615 1054345 13100 1037852 4270 16493 8830 25323 25323 98211 324615 180120 -81909 -81909 11444 6155 5289 5289 481504 481504 481504 27546392 21709337 0 611649 684590 18978 580989 84623 11884581 11185411 398466 300704 587076 530650 50842 5584 681417 623274 12038 46105 1125371 1021751 72050 31570 13513 13513 29100 29100 3600 3600 614949 410199 204750 605798 382828 208446 14524 1320227 1255144 62031 3052 510284 421155 72878 16251 2717797 2695366 22431 562305 551225 9410 1670 244105 170763 67467 5875 312942 312942 326724 294051 22871 9802 1167655 1124366 37105 6184 232989 225999 4660 2330 PROGRAM ACTIVITY EXPENS 908617 896180 1010 11427 EQUIPMENT COSTS 124155 113085 11070 BOND ISSUE COSTS AMORTI 69174 69174 173616 133098 34380 6138 24900585 22366465 1988281 545839 2682395 3798540 1215622 2689326 2090243 1945189 604280 648799 24211 21746 130971 140034 42261767 19479440 22526680 22782327 2080531 2023370 1356526 1539903 32711459 35589234 1412593 1637180 592974 652017 7466570 7192354 84168 694515 490674 10166652 10056393 X 13558250 14209009 7020921 9158139 1965636 2165693 22544807 25532841 32711459 35589234 X 2645807 142075 200152 X 0 1 X 1 0 X 3529849 4126554 4525566 5943291 5225406 23350666 14787934 16678737 18993259 20542366 21818992 92821288 18317783 20805291 23518825 26485657 27044398 116171954 66725 83280 98122 69745 89312 407184 16098 429641 1080558 2213222 1388689 5128208 82823 512921 1178680 2282967 1478001 5535392 110636562 242999 211805 207150 221436 217518 1100908 242999 211805 207150 221436 217518 1100908 79371 102154 255385 422119 481504 1340533 18640153 21119250 23981360 27129212 27743420 118613395 0.93270 0.93920 0.00930 0.01030 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 1 3600 0 0 3600 0 PART II-B, LINE 1: THE YMCAS IN COLORADO COLLECTIVELY HIRED A LOBBYIST TO ENCOURAGE THE LEGISLATORS TO SUPPORT THE BILLS THAT IMPACT THE YMCA PROGRAMS. 2439420 218245 281447 64470 11631 2863011 2346805 1325 156278 54505 10483 2439420 1903384 516840 -23263 42991 7165 2346805 1847313 30924 57148 30000 2001 1903384 1710982 8260 195954 66000 1883 1847313 0.75640 0.24360 1 0 4826674 4826674 31726765 15511512 16215253 170121 140665 29456 5097991 3827263 1270728 440216 440216 22782327 CAPITAL LEASE OBLIGATIONS 170644 DERIVATIVE LIABILITY 320030 490674 X 27924695 142075 200152 342227 27582468 -36076 -36076 27546392 24936661 36076 36076 24900585 0 24900585 PART V, LINE 4: THE EARNINGS FROM THE ENDOWMENT FUND ARE USED FOR VARIOUS PROGRAMS, SUCH AS DAY CAMP, SPORTS, AND COMMUNITY OUTREACH. PART X, LINE 2: THE YMCA IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE ORGANIZATION ASSESSES THE LIKELIHOOD OF THE FINANCIAL STATEMENT EFFECT OF A TAX POSITION THAT SHOULD BE RECOGNIZED WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY BASED ON THE TECHNICAL MERITS OF THE TAX POSITION, CIRCUMSTANCES, AND INFORMATION AVAILABLE AS OF THE REPORTING DATE. MANAGEMENT DOES NOT BELIEVE THAT THERE ARE ANY TAX POSITIONS THAT WOULD RESULT IN AN ASSET OR LIABILITY FOR TAXES BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. THE ORGANIZATION'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ACCRUED ON ANY UNRECOGNIZED TAX POSITIONS AS A COMPONENT OF INCOME TAX EXPENSE. AS OF DECEMBER 31, 2017, THE ORGANIZATION DID NOT HAVE ANY ACCRUED INTEREST OR PENALTIES ASSOCIATED WITH ANY UNRECOGNIZED TAX POSITIONS, NOR WERE ANY INTEREST EXPENSE OR PENALTIES RECOGNIZED DURING THE YEAR ENDED DECEMBER 31, 2017. PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF DERIVATIVE LIABILITY 98,990. CHANGE IN VALUE OF BENEFICIAL INTEREST IN ASSETS HELD BY A FOUNDATION 101,162. PART XI, LINE 4B - OTHER ADJUSTMENTS: RENTAL EXPENSES -36,076. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 36,076. JANET'S CAMP 155705 120372 35333 16658 28814 25047 28944 GOLF FOR KIDS 208377 151341 57036 13836 20000 10000 16661 5 58744 52902 5842 1000 1000 2572 15588 422826 324615 98211 30494 21000 39814 27619 61193 180120 -81909 X X 0 0 0 0 0 0 0 0 0 JAMES HINER PRESIDENT & CEO 190145 0 0 0 0 0 19160 0 5147 0 214452 0 0 0 EUGENE DEMANINCOR SR. VP/COO 133213 0 0 0 0 0 13509 0 5061 0 151783 0 0 0 A COLORADO EDUCATIONAL & CULTURAL FACILITIES AUTHORITY 840896727 2014-08-01 7920000 BOND REFUNDING AND CONSTRUCTION 0 0 0 A 7920000 118474 5150202 2651324 2015 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0 0 1 A 0 1 0 0 1 1 GUARANTY BANK & TRUST 10.000000000000 0 0 0 0 1 A 1 SCHEDULE K, PART I, LINE A, COLUMN F YMCA OF METROPOLITAN DENVER ISSUED THE SERIES 2014 REVENUE BONDS TO RAISE $8,000,000 TO FINANCE THE REPAYMENT OF THE OUTSTANDING SERIES 2001 BONDS (ISSUED 8/30/2001) AND THE SERIES 2002 BONDS (ISSUED 7/31/2002), AND TO FINANCE THE CONSTRUCTION OF AN EXISTING FACILITY AND PAY COSTS RELATED TO THE ISSUANCE OF THE 2014 BONDS. X 7 129621 STOCK QUOTES X AUCTION ITEMS 79 30494 FMV 0 0 1 0 PART I, COLUMN (B): PART I, COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTIONS. FORM 990, PART VI, SECTION A, LINE 1 FROM TIME TO TIME, THE BOARD OF TRUSTEES MAY DELEGATE AUTHORITY AND RESPONSIBILITIES TO THE EXECUTIVE COMMITTEE TO ACT ON ITS BEHALF. THERE SHALL BE AN EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES CONSISTING OF NOT MORE THAN SEVEN (7) PERSONS WHO ARE TRUSTEES, INCLUDING (A) THE CHAIRPERSON OF THE BOARD OF TRUSTEES, (B) THE IMMEDIATE PAST CHAIRPERSON OF THE BOARD OF TRUSTEES FOR APPROXIMATELY ONE (1) YEAR UNTIL A PERSON IS ELECTED AS CHAIRPERSON-ELECT, AND THEREAFTER THE CHAIRPERSON-ELECT, (C) THE CHAIRPERSON OF THE KEY LEADERS COUNCIL, (D) THE TREASURER, (E) THE CHAIRPERSON OF THE BOARD DEVELOPMENT COMMITTEE, AND (F) OTHER MEMBERS OF THE BOARD OF TRUSTEES ELECTED FROM TIME TO TIME BY THE BOARD OF TRUSTEES. THE CHAIRPERSON OF THE BOARD OF TRUSTEES SHALL BE CHAIRPERSON OF THE EXECUTIVE COMMITTEE. THE CHAIRPERSON, OR ANY TWO (2) MEMBERS OF THE EXECUTIVE COMMITTEE, MAY CALL MEETINGS AT ANY TIME AND THREE (3) MEMBERS OF THE EXECUTIVE COMMITTEE SHALL CONSTITUTE A QUORUM. THE EXECUTIVE COMMITTEE SHALL ACT FOR THE BOARD OF TRUSTEES IN THE INTERIM BETWEEN BOARD MEETINGS BUT SHALL NOT HAVE THE POWER TO RECONSIDER OR REVERSE ANY ACTION OR POLICY OF THE BOARD OF TRUSTEES. THE EXECUTIVE COMMITTEE SHALL REPORT TO THE BOARD OF TRUSTEES AT ITS NEXT REGULAR OR SPECIAL MEETING ALL ACTION TAKEN BY THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF TRUSTEES HAS AUTHORIZED THE FINANCE COMMITTEE TO ACT ON ITS BEHALF WITH REGARD TO REVIEW OF THE FORM 990. THE FINANCE COMMITTEE REVIEWS AND APPROVES FORM 990 PRIOR TO FILING. ALL OTHER TRUSTEES ARE PROVIDED A COPY OF THE FULL DISCLOSURE FORM 990 TO REVIEW PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C TRUSTEES ARE REQUIRED TO PROVIDE NOTIFICATION OF ANY PROPOSED TRANSACTIONS WITH THE BOARD IN ADVANCE. THE BOARD OF TRUSTEES REVIEWS AND APPROVES ALL RELATED PARTY TRANSACTIONS ANNUALLY. TRUSTEES ARE NOT PERMITTED TO VOTE ON ANY TRANSACTIONS IN WHICH THEY HAVE A FINANCIAL INTEREST. THESE PROCEEDINGS ARE DOCUMENTED IN THE MEETING'S MINUTES. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE OF THE DENVER YMCA CONDUCTS THE CEO'S ANNUAL PERFORMANCE REVIEW. A TEMPLATE IS PROVIDED FROM YUSA FOR THE BOARD CHAIR TO FOLLOW. YUSA CONDUCTS AN ANNUAL SALARY STUDY WHICH IS UTILIZED FOR COMPARISON PURPOSES, AND THE MOUNTAIN STATES EMPLOYERS COUNCIL HAS A COLORADO FRONT RANGE STUDY WHICH IS ALSO UTILIZED FOR COMPARISON. YMCA EXECUTIVE COMMITTEE REVIEWS AND APPROVES THIS DATA AND DECISION. THIS PROCESS WAS CONTEMPORANEOUSLY DOCUMENTED AND LAST OCCURRED IN 2016. THE EXECUTIVE COMMITTEE PERFORMED A PERFORMANCE EVALUATION IN 2017, EXCLUDING THE USE OF COMPARATIVE SALARY INFORMATION, THAT WAS COMPTEMPORANEOUSLY DOCUMENTED. THE SAME COMPARABILITY STUDIES FROM YUSA AND MOUNTAIN STATES ARE USED FOR ALL OTHER OFFICERS AND KEY EMPLOYEES. THE DIRECT SUPERVISOR IN EACH CASE CONDUCTS AN ANNUAL PERFORMANCE REVIEW AND RECOMMENDS ANY CHANGE IN COMPENSATION, WHICH IS ULTIMATELY APPROVED BY THE PRESIDENT AND CEO. THIS PROCESS WAS CONTEMPORANEOUSLY DOCUMENTED AND LAST OCCURRED IN 2016. DIRECT SUPERVISORS AND THE PRESIDENT AND CEO PERFORMED PERFORMANCE EVALUATIONS IN 2017, EXCLUDING THE USE OF COMPARATIVE SALARY INFORMATION, THAT WERE COMPTEMPORANEOUSLY DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON AN AS NEEDED BASIS. FORM 990, PART XI, LINE 9: CHANGE IN VALUE OF DERIVATIVE LIABILITY 98,990. CHANGE IN VALUE OF BENEFICIAL INTEREST IN ASSETS HELD BY FOUNDATION 101,162.