2016-08-10T17:34:54-05:00 2015-12-31 410746749 CLIFTONLARSONALLEN LLP 370 INTERLOCKEN BLVD SUITE 500 BROOMFIELD CO 80021 990 2015-01-01 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 2016-08-10 1 ADAM PYZDROWSKI P01603682 3034668822 2015 2016-12-15 16:53:06Z JIM HINER 2625 S COLORADO BLVD DENVER CO 80222 31045229 0 X WWW.DENVERYMCA.ORG X 1875 CO SEE SCHEDULE O 31 31 1484 2400 0 0 4126554 4525566 16613305 18873053 210509 96821 181473 262450 21131841 23757890 0 0 0 0 12097279 13212571 18000 18339 388820 8115683 8858844 20230962 22089754 900879 1668136 27196410 29939572 11325502 11153342 15870908 18786230 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 11537873 0 9798617 HEALTHY LIVING PROGRAMS: THE YMCA OF METROPOLITAN DENVER HAS PROVIDED PROGRAMS WITH AN EMPHASIS ON HEALTHY SPIRIT, MIND AND BODY SINCE 1875. THE YMCA PROVIDES HEALTH AND WELLNESS PROGRAMS FOR PEOPLE OF ALL AGES, SERVING OVER 60,500 MEMBERS AND PARTICIPANTS THROUGHOUT THE METROPOLITAN AREA. THE YMCA PROVIDES FINANCIAL ASSISTANCE AND NO ONE IS TURNED AWAY FOR INABILITY TO PAY, AVAILABLE FUNDS PERMITTING. 8551609 0 9074436 YOUTH DEVELOPMENT PROGRAMS: THE YMCA OPERATES A LICENSED CHILD CARE PROGRAM FOR CHILDREN AND FAMILIES THROUGHOUT THE DENVER METROPOLITAN AREA. OVER 2,400 CHILDREN PARTICIPATED DAILY IN PRESCHOOL AND BEFORE AND AFTER SCHOOL PROGRAMS DESIGNED TO PROVIDE A NURTURING ENVIRONMENT. THE DAY CAMP PROGRAM SERVED OVER 3,600 CHILDREN WITH A VARIETY OF ACTIVITIES AND ENRICHMENT OPPORTUNITIES. IN 2015, THERE WERE OVER 15,000 YOUTH REGISTRATIONS FOR YMCA SPORTS PROGRAMS, INVOLVING VOLUNTEER COACHES AND A PROGRAM EMPHASIZING SPORTSMANSHIP, CHARACTER DEVELOPMENT, AND YOUTH FITNESS. THROUGH ITS ANNUAL FUNDRAISING CAMPAIGN, THE YMCA WAS ABLE TO PROVIDE $1,051,000 IN FINANCIAL AID TO KIDS AND FAMILIES IN 2015. 393915 0 0 SOCIAL RESPONSIBILITY: THE YMCA RECEIVES GRANT FUNDING TO DELIVER MANY PROGRAMS TO COMMUNITIES IN THE DENVER METROPOLITAN AREA. THESE PROGRAMS INCLUDE WORKING WITH AT-RISK TEENS, FAMILY SERVICES, MENTORING, AND OTHER PROGRAMS DESIGNED TO STRENGTHEN COMMUNITIES AND SUPPORT FAMILIES. 20483397 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 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 1 132 0 1484 1 0 0 0 0 0 1 1 0 0 0 0 X 31 31 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X JACKIE LOH 7205242700 2625 S COLORADO BLVD DENVER CO 80222 THOMAS CURRIGAN JR CHAIR 2.00 X X 0 0 0 JARROD LASSEN TREASURER 2.00 X X 0 0 0 LEONARD RICE SECRETARY 2.00 X X 0 0 0 RICH KARLIS CHAIR-ELECT; VICE CHAIR - BOARD DEVELOPMENT 2.00 X X 0 0 0 JOE SPRAGUE VICE CHAR - LEADERS COUNCIL 2.00 X X 0 0 0 VINCE ABRUE TRUSTEE 2.00 X 0 0 0 LOU BRAUN TRUSTEE 2.00 X 0 0 0 BRIAN BRENNAN TRUSTEE 2.00 X 0 0 0 BRANDEE CASWELL TRUSTEE 2.00 X 0 0 0 SONJA CHRISTIANSEN TRUSTEE 2.00 X 0 0 0 MIKE DINO TRUSTEE 2.00 X 0 0 0 JANET ELWAY 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 DICK GILLET TRUSTEE 2.00 X 0 0 0 AMY GRANT TRUSTEE 2.00 X 0 0 0 LARRY HARTE TRUSTEE 2.00 X 0 0 0 JULIE HILL TRUSTEE 2.00 X 0 0 0 BENOY JACOB TRUSTEE 2.00 X 0 0 0 NANCY JOSEPH-GOULD TRUSTEE 2.00 X 0 0 0 JAY LINDELL TRUSTEE 2.00 X 0 0 0 MARY LOGAN TRUSTEE 2.00 X 0 0 0 JAMES MARLOW TRUSTEE 2.00 X 0 0 0 LUZ MEZZACAPO TRUSTEE 2.00 X 0 0 0 MICHAEL MOORE TRUSTEE 2.00 X 0 0 0 CONCETTA PALMIERI TRUSTEE 2.00 X 0 0 0 DWIGHT PULLEN TRUSTEE 2.00 X 0 0 0 RANDY PYE TRUSTEE 2.00 X 0 0 0 PHILLIP RUSCHMEYER TRUSTEE 2.00 X 0 0 0 KRISTEN SUNDIN TRUSTEE 2.00 X 0 0 0 BILL TANIS TRUSTEE 2.00 X 0 0 0 JAMES HINER PRESIDENT & CEO 40.00 X 176394 0 23222 EUGENE DEMANINCOR SR. VP/COO 40.00 X 127104 0 18752 JACKIE LOH VP FINANCE/CFO 40.00 X 95310 0 15114 JANICE WEIMER VP DEVELOPMENT 40.00 X 91155 0 20464 STEPHEN HOMBURGER VP HUMAN RESOURCES 40.00 X 85838 0 8734 575801 0 86286 2 0 1 0 RJM CONSTRUCTION LLC 701 WASHINGTON AVE N SUITE 600 MINNEAPOLIS MN 55401 CONSTRUCTION 5788617 KLEEN-TECH SERVICES CORP 7100 BROADWAY SUITE 6L DENVER CO 80221 JANITORIAL 465267 RD3 INC 9871 E PROGRESS CR GREENWOOD VILLAGE CO 80111 MAINTENANCE 429288 POOL DOCTOR PO BOX 150301 LAKEWOOD CO 80215 POOL SUPPLIES 180094 DAXKO LLC 600 UNIVERSITY PARK PL SUITE 500 BIRMINGHAM AL 35209 OPERATING SYSTEM 165673 8 94469 363986 388844 3678267 39445 4525566 HEALTHY LIVING 813410 9798617 9798617 YOUTH DEVELOPMENT 813410 9074436 9074436 18873053 66999 66999 145014 44680 100334 100334 100334 7059006 7029184 29822 29822 29822 106274 363986 204940 -98666 -98666 13932 8535 5397 5397 MISCELLANEOUS REVENUE 900099 255385 255385 255385 23757890 18873053 0 359271 672599 170736 403365 98498 10435898 9985472 320778 129648 501691 498684 3007 611463 547229 46562 17672 990920 927701 48099 15120 12111 12111 31500 31500 1750 1750 18339 18339 4863 4863 414484 363927 49701 856 593018 530223 42177 20618 1324153 1277441 39719 6993 458091 383126 49513 25452 2643607 2619472 24135 468869 453354 12884 2631 160284 115842 30396 14046 134725 134725 223648 201284 15655 6709 1252677 1196233 50246 6198 224996 218301 4445 2250 PROGRAM ACTIVITY EXPENS 667260 643370 5019 18871 EQUIPMENT COSTS 132615 119834 12781 110193 96443 11838 1912 22089754 20483397 1217537 388820 591017 1507328 1256740 1258570 1277212 1409216 378598 508239 34783 20999 133779 119842 41209001 18915261 15284429 22293740 7387933 1492723 851919 1328915 27196410 29939572 2241370 2013746 543299 538962 7744320 7757376 796513 843258 11325502 11153342 X 10770350 12551153 3527228 4268830 1573330 1966247 15870908 18786230 27196410 29939572 X 1668136 -77114 1490923 -166623 X X 0 1 X 1 0 X 4445993 3572911 3529849 4126554 4525566 20200873 14049365 14328389 14787934 16678737 18993259 78837684 18495358 17901300 18317783 20805291 23518825 99038557 186882 94750 66725 83280 98122 529759 429767 380172 16098 429641 1080558 2336236 616649 474922 82823 512921 1178680 2865995 96172562 235208 240980 242999 211805 207150 1138142 235208 240980 242999 211805 207150 1138142 116181 115774 79371 102154 255385 668865 18846747 18258054 18640153 21119250 23981360 100845564 0.95370 0.98340 0.01130 0.01200 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: MISCELLANEOUS INCOME - 2011 AMOUNT: $ 116,181. 2012 AMOUNT: $ 115,774. 2013 AMOUNT: $ 79,371. 2014 AMOUNT: $ 102,154. 2015 AMOUNT: $ 255,385. SCHEDULE A, PART III, SECTION A, LINE 2 REVENUE DISCLOSED IN PART VIII ON LINE 8A WAS ERRONEOUSLY EXCLUDED IN PREVIOUS YEARS. THE REVENUE HAS BEEN ADDED TO CORRECT THE CALCULATION IN THE CURRENT YEAR. IN ADDITION, CORRECTIONS WERE MADE TO REVENUE AMOUNTS IN 2011 TO MATCH FORM 990, PART VIII FOR THAT YEAR. THE CORRECTION OF THE CALCULATION DID NOT HAVE A SIGNIFICANT IMPACT ON THE PUBLIC SUPPORT PERCENTAGE. SCHEDULE A, PART III, SECTION A, LINES 7A AND 7B CONTRIBUTIONS FROM DISQUALIFIED PERSONS WERE NOT INCLUDED ON LINE 7A IN THE SCHEDULE A, PART III CALCULATION IN PREVIOUS YEARS. CONTRIBUTIONS THAT EXCEEDED THE EXCESS CONTRIBUTOR THRESHOLD WERE NOT INCLUDED ON LINE 7B IN THE SCHEDULE A, PART III CALCULATION IN PREVIOUS YEARS. THE INFORMATION FOR LINES 7A AND 7B HAVE BEEN ADDED FOR THE CURRENT YEAR CALCULATION AND THE FIVE PREVIOUS YEARS' CALCULATIONS. THE CORRECTION OF THE CALCULATIONS DID NOT HAVE A SIGNIFICANT IMPACT ON THE PUBLIC SUPPORT PERCENTAGE. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 0 0 1 1750 0 0 1750 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. 1903384 516840 -23263 42991 7165 2346805 1847313 30924 57148 30000 2001 1903384 1710982 8260 195954 66000 1883 1847313 1564630 15995 131784 1427 1710982 1364980 241614 -7685 33000 1279 1564630 0.00000 0.83780 0.16220 1 0 4826674 4826674 29773218 13863224 15909994 170121 130572 39549 6150496 4921465 1229031 288492 288492 22293740 CAPITAL LEASE OBLIGATIONS 340915 DERIVATIVE LIABILITY 502343 843258 X 23562505 -77114 -113408 -190522 23753027 4863 4863 23757890 22138106 53215 53215 22084891 4863 4863 22089754 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, 2015, 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, 2015. PART XI, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 8,535. RENTAL EXPENSES 44,680. CHANGE IN VALUE OF DERIVATIVE LIABILITY -152,032. CHANGE IN VALUE OF BENEFICIAL INTEREST IN ASSETS HELD BY A FOUNDATION -14,591. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 8,535. RENTAL EXPENSES 44,680. X X X X X X 1 NANCY LAMB THOMPSON 7687 E SEVERN PL DENVER CO 80230 JANET'S CAMP FUNDRAISING EVENT 0 181380 18339 163041 181380 18339 163041 CO JANET'S CAMP 181380 159594 21786 261 10475 27141 11786 38311 GOLF FOR KIDS 184055 139001 45054 4734 20720 11938 1750 6162 4 104825 65391 39434 6082 39204 5700 20676 470260 363986 106274 4995 37277 78283 19236 65149 204940 -98666 X X X 0 0 0 0 0 0 0 0 0 JAMES HINER PRESIDENT & CEO 176394 0 0 0 0 0 17717 0 5505 0 199616 0 0 0 A COLORADO EDUCATIONAL & CULTURAL FACILITIES AUTHORITY 840896727 2014-08-01 7920000 BOND REFUNDING AND CONSTRUCTION 0 0 0 A 7920000 118474 5142147 2651324 8055 2015 1 0 1 1 A 0 1 0 0 0.00880 0.00000 0.00880 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 5 32645 STOCK QUOTES X REMODEL MATERIALS 1 6800 FAIR MARKET VALUE 0 0 0 0 PART I, COLUMN (B): PART I, COLUMN (B) REPRESENTS THE NUMBER OF CONTRIBUTORS. FORM 990, PART I, LINE 1, DESCRIPTION OF ORGANIZATION MISSION 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. 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 11 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 ALSO THE MOUNTAIN STATES EMPLOYERS COUNCIL HAS A COLORADO FRONT RANGE STUDY WHICH IS UTILIZED FOR COMPARISON ALSO. YMCA EXECUTIVE COMMITTEE REVIEWS AND APPROVES THIS DATA AND DECISION. THIS PROCESS WAS CONTEMPORANEOUSLY DOCUMENTED AND LAST OCCURRED IN 2015. 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 2015. 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 -152,032. CHANGE IN VALUE OF BENEFICIAL INTEREST IN ASSETS HELD BY FOUNDATION -14,591. FORM 990, PART XII, LINE 2C AFTER WORKING WITH THE SAME AUDIT FIRM FOR OVER 14 YEARS, THE FINANCE COMMITTEE HAS DECIDED TO SELECT A NEW AUDIT FIRM THAT NOT ONLY PROVIDES THE DENVER YMCA WITH QUALITY AUDIT BUT ALSO BRINGS ADDED VALUE, SUCH AS BENCHMARKING, TO THE ORGANIZATION. A DETAILED RFP WAS SUBMITTED TO A FEW REGIONAL AND NATIONAL AUDIT FIRMS BY JUNE 2015, AND THE PROPOSALS WERE REVIEWED BY THE FINANCE COMMITTEE IN AUGUST. TWO FINALISTS WERE INVITED TO DO A FACE-TO-FACE PRESENTATION TO THE FINANCE COMMITTEE AND THE AUDIT WAS AWARDED IN SEPTEMBER.