2017-08-01T15:00:06-05:00 2016-12-31 561220683 POTTER AND COMPANY PA 434 COPPERFIELD BLVD NE STE A CONCORD NC 280250000 990 2016-01-01 581574620 Cannon Memorial Young Men's Christian Association CANN 7049339622 PO Box 46 Kannapolis NC 28082 RONALD B DAVIS CEO 2017-06-23 true SAMUEL M LEDER CPA P00485633 7047868189 2017-06-22 2016 2021-01-29 14:40:06Z X RONALD B DAVIS PO Box 46 Kannapolis NC 28082 6969722 false X WWW.CANNONYMCA.ORG X 1908 NC TO PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD HEALTHY SPIRIT, MIND, AND BODY FOR ALL. 21 21 491 847 0 0 370470 365450 4743858 4935730 222792 -14299 376111 288183 5713231 5575064 500 600 0 0 2707102 2810463 0 0 74793 2756082 2884464 5463684 5695527 249547 -120463 13504542 13336345 4682825 4454860 8821717 8881485 X THE CANNON MEMORIAL YMCA IS A VOLUNTEER LED PUBLIC CHARITY THAT INCLUDES MEN, WOMEN AND CHILDREN OF ALL AGES, ABILITIES, INCOMES, RACES AND RELIGIONS. OUR MISSION IS TO PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD HEALTHY SPIRIT, MIND, AND BODY FOR ALL. false false 3387277 3549834 HEALTH AND WELL BEING FOR ALL THE YMCA VIEWS HEALTH HOLISTICALLY: A HEALTHY PERSON HAS UNITY OF BODY, MIND AND SPIRIT. THE YMCA HAS IDENTIFIED THE GROWING NATIONAL OBESITY RATES IN THIS COUNTRY AS A CRITICAL SOCIAL ISSUE THAT MUST BE ADDRESSED. OUR HEALTH AND WELL BEING PROGRAMS ARE DESIGNED TO HELP PEOPLE DEVELOP NEW SKILLS AND GROW IN SPIRIT, MIND AND BODY BY SETTING REALISTIC GOALS FOR SELF IMPROVEMENT AND DISEASE PREVENTION THROUGH AN ACTIVE LIFESTYLE, PROPER NUTRITION, STRESS MANAGEMENT, AND HEALTH EDUCATION. YMCA PROGRAMS PROMOTE INTERACTION, TEAMWORK, AND DEVELOPMENT OF MORAL AND ETHICAL BEHAVIOR, SOCIAL SKILLS AND SELF ESTEEM. WE SERVE ALL AGES, RACES, NATIONALITIES AND RELIGIONS AND PROVIDE FINANCIAL ASSISTANCE TO THOSE IN WHO NEED IT. IN 2016, WE SERVED OVER 26,895 PERSONS IN OUR COMMUNITY AND PROVIDED FINANCIAL ASSISTANCE IN THE AMOUNT OF $242,172. 944483 989726 CHILD CARE OUR CHILDCARE PROGRAMS OFFER HIGH QUALITY CHILD CARE ACTIVITIES FOR PRESCHOOL AND SCHOOL AGE CHILDREN FROM ALL SEGMENTS OF OUR COMMUNITY. WE OFFER A VARIETY OF STATE LICENSED CHILDCARE PROGRAMS, BOTH FULL AND PART-TIME, WHICH PROVIDE A SAFE AND NURTURING ENVIRONMENT WHERE YOUTH CAN DEVELOP SELF-ESTEEM, GOOD VALUES AND AN APPRECIATION OF CHARITABLE SERVICE. WOVEN INTO THE FABRIC OF THE YMCA MISSION IS A COMMITMENT TO STRENGTHENING FAMILIES, PROVIDING PROGRAMS THAT FOSTER GROWTH AND DEVELOPMENT OF THE ENTIRE FAMILY. PARENTS ARE SECURE IN KNOWING THAT THEIR CHILD HAS A SAFE HAVEN WHILE THEY WORK OR FURTHER THEIR EDUCATION, WHILE PROVIDING EDUCATION AND SUPPORT TO PROMOTE CHILDREN THAT ARE HAPPY AND HEALTHY IN SPIRIT, MIND AND BODY. THE YMCA PARTNERS WITH OTHER COMMUNITY AGENCIES SUCH AS CAROLINAS HEALTHCARE SYSTEMS-NORTHEAST, UNITED WAY OF CENTRAL CAROLINAS AND CABARRUS HEALTH ALLIANCE TO PROVIDE ACTIVITIES AND EDUCATIONAL OPPORTUNITIES IN OUR PROGRAM SO THAT CHILDREN APPRECIATE DIVERSITY AND DEVELOP HEALTHY LIFESTYLES AND LIFE LONG VALUES. THE CHILDCARE CURRICULUM FOCUSES ON THE KEY CHARACTER TRAITS OF CARING, RESPECT, RESPONSIBILITY, HONESTY AND FAITH. BY PARTNERING WITH UNITED WAY AND OTHER COMMUNITY AGENCIES, THE YMCA HAS THE ABILITY TO PROVIDE FINANCIAL ASSISTANCE FOR THOSE WHO CANNOT AFFORD TO PAY. YMCA FINANCIAL ASSISTANCE ENSURES THAT THE YMCA IS A PLACE WHERE CHILDREN OF ALL ECONOMIC LEVELS, FROM THE AFFLUENT TO THE DISADVANTAGED RECEIVE THE SAME QUALITY OF CARE IN THE SAME SETTING. IN 2016, WE SERVED A TOTAL OF 1,585 PARTICIPANTS AND PROVIDED FINANCIAL ASSISTANCE IN THE AMOUNT OF $84,521. 430949 451592 YOUTH SPORTS AND AQUATICS OUR YOUTH SPORTS AND AQUATIC PROGRAMS OFFER HIGH QUALITY SPORTS ACTIVITIES FOR PRE-SCHOOL AND SCHOOL AGE CHILDREN FROM OUR COMMUNITY, INCLUDING THOSE WITH SPECIAL NEEDS. WE PROVIDE ADULT VOLUNTEERS THAT SERVE AS ROLE MODELS AND MENTORS TO OUR CHILDREN. THE TEACHINGS OF CHARACTER VALUES OF HONESTY, CARING, RESPONSIBILITY, RESPECT AND FAITH ARE INTEGRATED INTO ALL SPORTS PROGRAMS WHILE PROMOTING AN APPRECIATION OF ONE'S OWN WORTH. YOUTH SPORTS PROGRAMS FOCUS ON THE FULL AND EQUAL PARTICIPATION OF ALL - EVERY CHILD PLAYS EVERY GAME. YMCA YOUTH PROGRAMS ALSO HELP TO STRENGTHEN FAMILIES. PARENTS AND SIBLINGS AND EXTENDED FAMILY MEMBERS SUPPORT THE CHILDREN BY COACHING TEAMS OR ATTENDING SPORTING EVENTS. YOUNG PEOPLE PARTICIPATING IN SPORTS BUILD LIFELONG POSITIVE ATTITUDES, HABITS OF HEALTHY EXERCISE AND GOOD NUTRITION. THE YMCA SPORTS PROGRAMS VALUE COOPERATION OVER COMPETITION AND FAIR PLAY OVER WINNING. THE YMCA KNOWS THAT WITH THIS APPROACH EVERYONE WINS - UNDEFEATED IN SPIRIT, MIND AND BODY. IN 2016, WE SERVED OVER 3,693 PARTICIPANTS AND PROVIDED FINANCIAL ASSISTANCE IN THE AMOUNT OF $4,002. 109414 600 171788 TEEN LEADERSHIP, DARKNESS TO LIGHT, COMMUNITY FARM THE YMCA PROMOTES COMMUNITY DEVELOPMENT THROUGH A SERIES OF PROGRAMS DESIGNED TO IMPACT THE COMMUNITY AND WORK WITH ALL YOUTH, BUT PRIMARILY DISADVANTAGED AND MINORITY YOUTH. LEADER'S CLUB AT THE YMCA IS A PROGRAM DESIGNED TO TEACH TEENS THE BASICS OF GREAT LEADERSHIP THROUGH QUALITY AND QUANTITY OF LEADERSHIP TRAINING, ENJOYABLE EXPERIENCE, AND VOLUNTEER OPPORTUNITIES. OVER 6,000 COMMUNITY SERVICE HOURS WERE LOGGED IN THE PROGRAM LAST YEAR. THE YMCA WORKS TO BUILD STRONG COMMUNITIES FOR MEMBERS AND NON-MEMBERS ALIKE THROUGH A SERIES OF PROGRAMS DESIGNED TO WORK WITH THE DISADVANTAGED. PARTNERSHIPS WITH MANY COMMUNITY AGENCIES HAVE PROVIDED SCHOOL SUPPLIES TO THE NEEDY, EVENTS OPEN TO THE PUBLIC TO PROVIDE EDUCATION ON GANG PREVENTION WHILE OFFERING ALTERNATIVE ACTIVITIES IN A SAFE ENVIRONMENT, FOOD DRIVES AND VARIOUS OTHER COLLECTIONS. INCLUDES OTHER REVENUES. 109414 600 171788 4872123 true true false true false false false false false true true false false false true true true false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false true 18 0 true 491 true false false false false false false false false false false X 21 21 false false false false false false false true true false true true true true true true true true true true false X X SUSAN THOMAS 7049339622 PO BOX 46 KANNAPOLIS NC 280820000 ROBERT KIRK CHAIR 5.0 X X 0 0 0 BILL HUBBARD PAST CHAIR 2.0 0.0 X 0 0 0 CHIP DOBNER WEST CABARRUS CHAIR 2.0 X 0 0 0 RAY MILLER KANNAPOLIS CHAIR 2.0 X 0 0 0 KIRK ANGEL HARRISBURG CHAIR 2.0 X 0 0 0 ROB BETLER FINANCE CHAIR 2.0 X 0 0 0 JEROME CHAVARRIA BOARD MEMBER 2.0 X 0 0 0 STEVE AYERS BOARD MEMBER 2.0 X 0 0 0 STEVE MORRIS BOARD MEMBER 2.0 X 0 0 0 WALLY SAFRIT BOARD MEMBER 2.0 X 0 0 0 MATT GOSSAGE BOARD MEMBER 2.0 X 0 0 0 TREY SINER BOARD MEMBER 2.0 X 0 0 0 JAMES LITAKER BOARD MEMBER 2.0 X 0 0 0 JACQUELINE TUCKER BOARD MEMBER 2.0 X 0 0 0 JIM TODD BOARD MEMBER 2.0 X 0 0 0 JAN BEATTY BOARD MEMBER 2.0 X 0 0 0 TESH PHILLIP BOARD MEMBER 2.0 X 0 0 0 EDDIE SMITH BOARD MEMBER 2.0 X 0 0 0 BARRY SHOEMAKER BOARD MEMBER 2.0 X 0 0 0 CRYSTAL HILL BOARD MEMBER 2.0 X 0 0 0 BOBBY POSS BOARD MEMBER 2.0 X 0 0 0 Ronald Barry Davis CEO 40.0 X 126265 0 25902 126265 0 25902 1 false false false 0 X 0 0 0 0 18412 347038 365450 Membership Revenue 3570824 3570824 Day Camp Revenue 598402 598402 Childcare Revenue -- School Age 391324 391324 Resident Camp Revenue 0 0 Childcare Revenue -- Infant/Toddler/Preschool 0 0 375180 375180 0 0 4935730 53240 53240 124972 0 0 0 124972 0 124972 124972 1123428 166500 1158417 199050 -34989 -32550 -67539 -67539 83865 0 37191 46674 46674 SALES TO PUBLIC 813410 106349 106349 MISCELLANEOUS 813410 10188 10188 0 0 0 0 116537 5575064 5162940 0 46674 600 600 126265 126265 2155283 1985161 154372 15750 120669 87130 33306 233 187803 134959 51946 898 220443 193708 24675 2060 347309 252702 61023 33584 22384 22384 0 0 0 0 10261 4867 4989 405 880874 847361 31000 2513 39800 27195 11660 945 11741 5701 5587 453 155414 143758 11656 91346 91346 0 0 568423 568423 87269 81089 5717 463 MINOR EQUIPMENT AND SUPPLIES 83819 79807 3711 301 BANK AND CREDIT CARD PROCESSING FEES 64088 63568 481 39 PROGRAM SUPPLIES 215381 202848 11593 940 EQUIPMENT RENTAL AND MAINTENANCE 162776 156501 5804 471 143579 89157 50340 4082 5695527 4872123 748611 74793 85752 82004 45280 45329 64973 53538 0 0 0 48737 44906 20296244 9460301 11281325 10835943 1735833 2014922 0 0 242642 259703 13504542 13336345 229098 345860 394736 272815 0 0 4058991 3788900 0 0 0 47285 4682825 4454860 8565299 8617868 13776 3914 242642 259703 8821717 8881485 13504542 13336345 X -120463 132888 47343 X false true X true false X 3619887 4095333 3647067 3857491 3936274 19156052 1330128 1264628 1234434 1378188 1536552 6743930 0 0 0 4950015 5359961 4881501 5235679 5472826 25899982 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 25899982 140929 75960 83981 90186 53240 444296 0 140929 75960 83981 90186 53240 444296 0 121937 128513 131044 154409 116537 652440 5212881 5564434 5096526 5480274 5642603 26996718 0.9594 0.9530 0.0165 0.0224 X Schedule A, Part III, Line 12 Other Income DESCRIPTION - , COLUMN A - 121937.0, COLUMN B - 128513.0, COLUMN C - 131044.0, COLUMN D - 154409.0, COLUMN E - 116537.0, COLUMN F - 652440.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false false false false false false 242642 17061 0 259703 246973 -4331 0 242642 236990 9983 0 246973 223486 0 13504 0 0 0 236990 222358 0 1128 0 0 0 223486 0.0 1.0 0.0 false false 1192253 1069020 16075083 7369400 8705683 621771 222120 399651 1986877 1449231 537646 420260 296317 123943 10835943 Loan Swap Valuation 47285 47285 X 5575064 0 0 5575064 0 0 5575064 5695527 0 0 5695527 0 0 5695527 Schedule D, Part V, Line 4 Intended uses of endowment funds ENDOWMENT FUNDS ARE RESTRICTED FROM USE UNTIL VALUE OF THE FUND REACHES $500,000 . AFTER REACHING THIS REQUIRED AMOUNT, THE EARNINGS FROM THE ENDOWMENT ARE UNRESTRICTED AND CAN BE USED FOR OPERATING EXPENSES. FUNDS HAVE NOT REACHED THIS VALUE AT THIS TIME. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE ORGANIZATION HAS ADOPTED ASC 740-10 AS IT RELATES TO UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED DECEMBER 31, 2015 AND HAS EVALUATED IT TAX POSITIONS FOR ALL OPEN TAX YEARS. THE ORGANIZATION IS NOT CURRENTLY UNDER AUDIT NOR HAS THE ORGANIZATION BEEN CONTACTED BY THE IRS. BASED ON THE EVALUATION OF THE ORGANIZATION'S TAX POSITIONS, MANAGEMENT BELIEVES ALL POSITIONS TAKEN WOULD BE UPHELD UNDER AN EXAMINATION. THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN TAX POSITIONS HAS BEEN RECORDED FOR THE YEAR ENDED DECEMBER 31, 2016. GOLF 20548 20548 3149 2692 GEM EVENT 17997 17997 1080 3405 1732 9 45320 45320 600 3548 20985 83865 83865 4829 6953 25409 37191 46674 Form 990, Part III, Line 4d Description of other program services (Expenses $ 109,414 including grants of $ 600)(Revenue $ 171,788) TEEN LEADERSHIP, DARKNESS TO LIGHT, COMMUNITY FARM THE YMCA PROMOTES COMMUNITY DEVELOPMENT THROUGH A SERIES OF PROGRAMS DESIGNED TO IMPACT THE COMMUNITY AND WORK WITH ALL YOUTH, BUT PRIMARILY DISADVANTAGED AND MINORITY YOUTH. LEADER'S CLUB AT THE YMCA IS A PROGRAM DESIGNED TO TEACH TEENS THE BASICS OF GREAT LEADERSHIP THROUGH QUALITY AND QUANTITY OF LEADERSHIP TRAINING, ENJOYABLE EXPERIENCE, AND VOLUNTEER OPPORTUNITIES. OVER 6,000 COMMUNITY SERVICE HOURS WERE LOGGED IN THE PROGRAM LAST YEAR. THE YMCA WORKS TO BUILD STRONG COMMUNITIES FOR MEMBERS AND NON-MEMBERS ALIKE THROUGH A SERIES OF PROGRAMS DESIGNED TO WORK WITH THE DISADVANTAGED. PARTNERSHIPS WITH MANY COMMUNITY AGENCIES HAVE PROVIDED SCHOOL SUPPLIES TO THE NEEDY, EVENTS OPEN TO THE PUBLIC TO PROVIDE EDUCATION ON GANG PREVENTION WHILE OFFERING ALTERNATIVE ACTIVITIES IN A SAFE ENVIRONMENT, FOOD DRIVES AND VARIOUS OTHER COLLECTIONS. INCLUDES OTHER REVENUES. Form 990, Part VI, Line 11b Review of form 990 by governing body FORM 990 IS PREPARED BY CEO, CFO AND INDEPENDENT AUDITING FIRM. THE COMPLETED DOCUMENT IS SENT TO THE BOARD OF DIRECTORS Form 990, Part VI, Line 12c Conflict of interest policy FULLTIME STAFF COMPLETE A CONFLICT OF INTEREST QUESTIONNAIRE WHICH IS MAINTAINED ON FILE AT THE CORPORATE OFFICE. THE CONFLICT OF INTEREST POLICY IS REVIEWED WITH EACH BOARD MEMBER, SIGNED ANNUALLY AND MAINTAINED ON FILE. Form 990, Part VI, Line 15a Process to establish compensation of top management official THE CEO'S PERFORMANCE IS EVALUATED BY THE EXECUTIVE COMMITTEE WHICH CONSISTS OF OFFICERS OF THE GOVERNING BOARD. COMPENSATION IS DETERMINED BY REVIEWING AGREED UPON PERFORMANCE GOALS FOR THE YEAR. COMPENSATION GUIDELINES FROM YMCA OF THE USA ARE USED AS COMPARABILITY DATA TO ENSURE COMPENSATION IS WITHIN THE ACCEPTABLE RANGE. AFTER DELIBERATION AND DECISION, THE EXECUTIVE COMMITTEE DOCUMENTS THE COMPENSATION PACKET ANNUALLY. Form 990, Part VI, Line 15b Process to establish compensation of other employees KEY EMPLOYEES ARE EVALUATED BY THE CEO BI -ANNUALLY. COMPENSATION IS DETERMINED BASED ON PERFORMANCE REVIEWS AND FOLLOWING YMCA OF USA COMPENSATION GUIDELINES AS WELL AS BOARD ADOPTED ASSOCIATION SALARY GUIDELINES. THE BOARD APPROVES SALARIES INCLUDED IN THE ANNUAL BUDGET APPROVAL PROCESS. Form 990, Part VI, Line 19 Required documents available to the public GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE FINANCE COMMITTEE AND BOARD MEMBERS ANNUALLY AND ARE AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. THE 990 TAX RETURN IS DISTRIBUTED TO BOARD MEMBERS FOR REVIEW AND POSTED ON THE YMCA WEBSITE FOR THE PUBLIC. ALL DOCUMENTS ARE AVAILABLE AT OUR CORPORATE OFFICE. Form 990, Part VIII, Line 2f Other Program Service Revenue Other Program Revenue - Total Revenue: 375180, Related or Exempt Function Revenue: 375180, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Residence Revenue - Total Revenue: 0, Related or Exempt Function Revenue: 0, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances UNREALIZED LOSS ON SWAP AGREEMENT - 47343; Amended Return Form 990 has been amended to include all applicable donors on Schedule B for 2016.