2014-09-04T16:44:47-05:00 2013-12-31 231980475 KREISCHER MILLER 100 WITMER ROAD SUITE 350 HORSHAM PA 190442369 990 2013-01-01 231365994 YMCA OF THE BRANDYWINE VALLEY YMCA 6106439622 ONE EAST CHESTNUT STREET WEST CHESTER PA 19380 DENISE L DAY PRESIDENT & CHIEF EXECUTIVE OFFICER 6106439622 2014-08-27 1 KEVIN MCGINN P00440382 2154414600 2013 2015-11-30 17:44:51Z DENISE L DAY ONE EAST CHESTNUT STREET WEST CHESTER PA 19380 35438779 0 X WWW.YMCABWV.ORG X 1892 PA TO PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD HEALTHY SPIRIT, MIND AND BODY FOR ALL. 28 28 2033 2662 0 0 2547984 4445585 29886840 29934154 94146 289267 470635 559754 32999605 35228760 2883821 2511988 0 0 17384107 17557453 28803 0 460666 10230285 10759126 30527016 30828567 2472589 4400193 51815495 55392318 33662644 30217056 18152851 25175262 X SEE PAGE 1, PART 1, NUMBER 1 AND SCHEDULE O FOR ORGANIZATION'S MISSION STATEMENT. 0 0 6472845 593675 9767523 CHILDCARE - OUR YMCA 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'S WHY WE HELP YOUNG PEOPLE CULTIVATE THE VALUES, SKILLS, AND RELATIONSHIPS THAT LEAD TO POSITIVE BEHAVIORS, BETTER HEALTH, AND EDUCATIONAL ACHIEVEMENT. OUR YMCA PROGRAMS SUCH AS CAMP, SCHOOL AGED CHILDCARE AND PRESCHOOL PROGRAM, OFFER A RANGE OF EXPERIENCES THAT ENRICH COGNITIVE, SOCIAL, PHYSICAL, AND EMOTIONAL GROWTH. EXPENSES INCLUDE SUBSIDIES AND DIRECT FINANCIAL ASSISTANCE THAT MAKE PARTICIPATION POSSIBLE FOR THE YOUNG PEOPLE WE ENGAGE. FOR ADDITIONAL DETAILS REGARDING THESE CRITICAL PROGRAMS AND THEIR IMPACT, SEE SCHEDULE O. 6738539 1627782 17367293 YMCA MEMBERSHIP - THE YMCA IS A MEMBERSHIP ORGANIZATION THAT INVITES ALL PEOPLE TO JOIN AND BUILD A HEALTHY SPIRIT, MIND, AND BODY. IN 2013, THE YMCA HAD OVER 55,000 MEMBERS OF ALL AGES. WE ARE A VALUES-BASED ORGANIZATION THAT ENCOURAGES OUR MEMBERS AND ALL WHO PARTICIPATE IN YMCA PROGRAMS AND SERVICES TO DEVELOP MORAL AND ETHICAL BEHAVIOR, SELF-ESTEEM, AND LEADERSHIP. THE LARGEST YMCA MEMBERSHIP TYPE IS THE FAMILY CATEGORY. WE GIVE FAMILIES A SAFE, RELIABLE, AND AFFORDABLE PLACE TO GO. RECREATIONAL OPPORTUNITIES SUCH AS FAMILY NIGHTS AND PARENT-TEEN FITNESS CLASSES, FAMILY MARTIAL ARTS, AND NUMEROUS SPECIAL EVENTS LET FAMILIES RELAX AND ENJOY EACH OTHER. YMCA PROGRAMS SUCH AS ADVENTURE GUIDES HELP PEOPLE GROW AS RESPONSIBLE MEMBERS OF FAMILIES. YMCA MEMBERSHIP PROVIDES CHILDREN AND THEIR PARENTS WITH ACTIVITIES THAT FOSTER UNDERSTANDING AND COMPANIONSHIP. 4604782 0 602866 YMCA HEALTH & FITNESS - 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. AS A RESULT, 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. FOR ADDITIONAL DETAILS REGARDING THESE CRITICAL PROGRAMS AND THEIR IMPACT, SEE SCHEDULE O. 7814168 290531 2196472 YMCA AQUATICS - YMCA AQUATICS PROGRAMS ARE PART OF THE YMCA'S OVERALL GOAL OF BUILDING HEALTHY SPIRIT, MOND, AND BODY. IN ADDITION TO PROVIDING SPECIFIC SWIMMING AND WATER SAFETY SKILLS, THEY PROMOTE GOOD HEALTH THROUGH REGULAR EXERCISE. THEY ALSO PROMOTE TEAMWORK, SELF-CONFIDENCE, AND LEADERSHIP. IN 2013, WE PROVIDED AQUATICS PROGRAMS FOR OVER 7,000 INDIVIDUALS, INFANTS THROUGH SENIORS. THESE PROGRAMS ARE OFFERED AT FEES AFFORDABLE TO THE COMMUNITY AT LARGE, WITH FINANCIAL ASSISTANCE FOR THOSE WHO CANNOT AFFORD THE FULL FEE. ADDITIONALLY, THE YMCA OFFERS A FREE WATER SAFETY WEEK CALLED SPLASH WHERE HUNDREDS OF LOW-INCOME YOUTH THROUGH OUR SERVICE AREA PARTICIPATED.YMCA YOUTH - YMCA YOUTH AND TEEN PROGRAMS HELP KIDS DEVELOP SELF-ESTEEM AND GOOD VALUES, INCLUDING COOPERATION, RESPECT FOR THE BODY, GOOD CITIZENSHIP, AND A STRONG WORK ETHIC. THOUSANDS OF CHILDREN PARTICIPATED IN YMCA YOUTH RECREATION PROGRAMS IN 2013. YOUTH SPORTS FOCUS ON THE FULL AND EQUAL PARTICIPATION OF ALL; EVERY CHILD PLAYS IN EVERY GAME. YMCA YOUTH SPORTS PROGRAMS ALSO HELP TO STRENGTHEN FAMILIES. PARENTS COACH TEAMS AND TURN OUT, OFTEN WITH BROTHERS AND SISTERS, TO WATCH KIDS PLAY. YOUNG PEOPLE PARTICIPATING IN SPORTS BUILD LIFELONG POSITIVE ATTITUDES, HABITS OF HEALTHY EXERCISE, AND LEARN WAYS TO HAVE FUN AS ADULTS. TEEN ACTIVITIES ARE AMONG THE MOST RAPIDLY GROWING YMCA PROGRAMS, REFLECTING THE GROWING AWARENESS THAT ADOLESCENTS NEED STRUCTURE AND ACTIVITIES, ESPECIALLY IN THE AFTER-SCHOOL HOURS. INTERACTION WITH TEENS WILL HELP PREVENT THE SENSELESS VIOLENCE THAT HAS PLAGUED SO MANY OF OUR COMMUNITIES. 7814168 290531 2196472 25630334 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 1 1 0 0 0 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 1 21 0 1 2033 1 0 0 0 0 0 1 1 0 0 0 0 X 28 28 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 PA X YMCA OF THE BRANDYWINE VALLEY 6106439622 ONE EAST CHESTNUT STREET WEST CHESTER PA 19380 ALEXIS BARSAMIAN MEMBER 1.00 X 0 0 0 AMANDA CABOT MEMBER 1.00 X 0 0 0 BILL HOSTETTER MEMBER 1.00 X 0 0 0 BRIAN DI SABATINO MEMBER 1.00 X 0 0 0 BRYAN BROCKSON MEMBER 1.00 X 0 0 0 CHAD BARTHOL MEMBER 1.00 X 0 0 0 DAN MCDERMOTT MEMBER 1.00 X 0 0 0 DARYL THOMAS MEMBER 1.00 X 0 0 0 DONNA URIAN MEMBER 1.00 X 0 0 0 DOUG COFIELL MEMBER 1.00 X 0 0 0 DR ROBERT JENNINGS MEMBER 1.00 X 0 0 0 ED STILLMAN MEMBER 1.00 X 0 0 0 FRED GUNTHER MEMBER 1.00 X 0 0 0 HARRY LEWIS MEMBER 1.00 X 0 0 0 JAMES T HORN MEMBER 1.00 X 0 0 0 JOHN A FEATHERMAN III CHAIR 3.00 X X 0 0 0 JOSEPH J VISCUSO VICE CHAIR 5.00 X X 0 0 0 KENNETH M GODDU TREASURER 3.00 X X 0 0 0 KIM WOODWORTH MEMBER 1.00 X 0 0 0 LYNNE BROOKES MEMBER 1.00 X 0 0 0 MICHAEL PIA SECRETARY 1.00 X X 0 0 0 NANCY VENO MEMBER 1.00 X 0 0 0 RANDALL SCHAUER MEMBER 1.00 X 0 0 0 RICHARD WRIGHT MEMBER 1.00 X 0 0 0 ROB WALTERS MEMBER 1.00 X 0 0 0 ROBERT B HALL MEMBER 1.00 X 0 0 0 ROBERT E RIGG MEMBER 1.00 X 0 0 0 TERENCE FARRELL MEMBER 1.00 X 0 0 0 ANDREA YOUNDT SENIOR V.P./COO 50.00 X 168452 0 26215 DENISE L DAY PRESIDENT / CEO 50.00 X 293808 0 40418 TIMOTHY WALSH SENIOR V.P./CFO 50.00 X 154641 0 27059 HALDEN WARNER EXECUTIVE DIRECTOR JENNERSVILLE 50.00 X 105187 0 23059 722088 0 116751 4 0 1 0 WARFEL CONSTRUCTION COMPANY 1110 ENTERPRISE RD EAST PETERSBURG PA 17520 CONSTRUCTION 2655368 FULTON BANK PO BOX 69 EAST PETERSBURG PA 17520 BANKING 1047585 INDEPENDENCE BLUE CROSS 1901 MARKET STREET PHILADELPHIA PA 19103 HEALTH CARE 839333 SAFEGUARD BUSINESS SYSTEMS 106 COVE ROAD BROOMALL PA 19008 SECURITY 276974 VISA PO BOX 790408 SAINT LOUIS MO 63179 CORPORATE CARD 256674 26 134964 4310621 82990 4445585 MEMBERSHIP 813410 16965436 16965436 PROGRAM SERVICE REVENUE 813410 12968718 12968718 29934154 56714 56714 218628 13925 0 0 218628 13925 232553 13925 218628 260517 143722 116795 116795 99149 66297 32852 32852 OTHER MISCELLANEOUS REVENUE 813410 410107 410107 410107 35228760 30358186 0 424989 2511988 2511988 668995 573342 86389 9264 13646544 11695361 1762212 188971 913968 750379 144673 18916 1258391 1033154 199192 26045 1069555 878118 169301 22136 42883 16454 26429 9818 3767 6051 26350 10110 16240 748929 287353 461576 466808 255595 20214 190999 671317 606088 64629 600 1500445 1319898 180547 85703 85703 1291655 1291655 290481 290481 2327372 2277676 49696 208409 198789 9620 REPAIRS AND MAINTENANCE 1286572 1242415 44157 0 PROGRAM COSTS 868422 853717 14705 0 COMMUNITY RELATIONS 115414 79751 35411 252 818548 745898 69167 3483 30828567 25630334 4737567 460666 7606 7381 6971112 3207919 599996 2521966 136880 181712 383962 408129 69636521 26344644 41480327 43291877 1814837 5350926 420775 400284 0 22124 51815495 55392318 1427643 1202481 1724400 1732893 24084819 23526274 6425782 3755408 33662644 30217056 X 17251562 22001702 109939 2315310 791350 858250 18152851 25175262 51815495 55392318 X 4400193 43492 2578726 X X 0 1 X 1 0 X 17434192 18195235 3063244 2780274 4706102 46179047 10338294 10875277 29902270 29995754 30033303 111144898 27772486 29070512 32965514 32776028 34739405 157323945 5300 23835 24650 67500 30000 151285 0 5300 23835 24650 67500 30000 151285 157172660 88472 52415 47604 59693 56714 304898 88472 52415 47604 59693 56714 304898 457900 377987 350860 350466 410107 1947320 28318858 29500914 33363978 33186187 35206226 159576163 0.98490 0.98190 0.00190 0.00540 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 482577 0 50387 532964 438339 10000 34238 482577 436959 13294 -11914 438339 404908 400 31651 436959 343401 10150 62352 10995 404908 1.00000 0 0 3908190 3908190 59063507 20568053 38495454 6463736 5776591 687145 201088 201088 43291877 SWAP LIABILITY 3766188 CUSTODIAL ACCOUNTS -10780 3755408 X 35456523 43492 210019 253511 35203012 25748 25748 35228760 31026763 210019 210019 30816744 11823 11823 30828567 PART V, LINE 4: THE YMCA HAS A SPENDING POLICY OF APPROPRIATING FUNDS FROM ITS ENDOWMENT FUNDS AS NEEDED FOR THE PURPOSES OF REINVESTMENT INTO THE ENDOWMENT FUND OR SPENDING FOR SPECIAL PROJECTS. PART X, LINE 2: THE YMCA TAKES A POSITION THAT IT HAS NO NET INCOME DERIVED FROM UNRELATED BUSINESS ACTIVITIES AND BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AND, AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE YMCA'S FEDERAL RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX (FORM 990) FOR 2009, 2010 AND 2011 IS SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THE TAX RETURN WAS FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT DIRECT EXPENSES 143,722. COST OF MERCHANDISE SOLD 66,297. PART XI, LINE 4B - OTHER ADJUSTMENTS: GAIN ON DISPOSAL OF ASSETS 13,925. UNCOLLECTIBLE PROGRAM FEE 11,823. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT DIRECT EXPENSES 143,722. COST OF MERCHANDISE SOLD 66,297. PART XII, LINE 4B - OTHER ADJUSTMENTS: UNCOLLECTIBLE PROGRAM FEE 11,823. X 1 FEDERICO ASSOCIATES 1501 MCDANIEL DR WEST CHESTER PA 19380 ASSISTED IN THE CAPITAL CAMPAIGN 0 31225 0 31225 31225 31225 GOLF OUTING 260517 260517 143722 260517 260517 143722 143722 116795 0 FINANCIAL ASSISTANCE 2511988 FAIR MARKET VALUE BASED ON INCOME AND FAMILY SIZES, NON-CASH ASSISTANCE (DISCOUNTS ON MEMBERSHIP AND PROGRAM FEES) IS PROVIDED. THE VALUE IS THE DIFFERENCE BETWEEN THE CURRENT RATES AND DISCOUNTED RATES. X X X X X 1 0 0 1 0 1 0 0 0 ANDREA YOUNDT SENIOR V.P./COO 166762 0 0 0 1690 0 20214 0 6001 0 194667 0 0 0 DENISE L DAY PRESIDENT / CEO 283727 0 0 0 10081 0 30000 0 10418 0 334226 0 0 0 TIMOTHY WALSH SENIOR V.P./CFO 151221 0 0 0 3420 0 17071 0 9988 0 181700 0 0 0 PART I, LINE 5 EACH YEAR THE BOARD OF DIRECTORS ESTABLISHES CERTAIN TARGETS TO BE ATTAINED BY THE ORGANIZATION, SUCH AS FUNDRAISING. THESE PARAMETERS MAY BE PART OF THE ANNUAL BONUS STRUCTURE DETERMINED BY THE BOARD. PART I, LINE 6 EACH YEAR THE BOARD OF DIRECTORS ESTABLISHES CERTAIN TARGETS TO BE ATTAINED BY THE ORGANIZATION; THIS INCLUDES NET EARNINGS. THIS PARAMETER MAY BE PART OF THE ANNUAL BONUS STRUCTURE DETERMINED BY THE BOARD. KENNETH GODDU FULTON BANK BOARD MEMBER 1047585 DEBT COSTS 0 HOLLY GRAVER FULTON BANK WC BOARD OF ADVISORS 1047585 DEBT COSTS 0 CAROLYN BEAM FULTON BANK JV BOARD OF ADVISORS 1047585 DEBT COSTS 0 JIM HORN TRI M BOARD MEMBER 121532 ELECTRICAL CONTRACTING 0 RANDALL SCHAUER FOX ROTHCHILD BOARD MEMBER 5638 LEGAL SERVICES 0 BRYAN BROCKSON EDIS WC BOARD OF ADVISORS 500 CONSTRUCTION/CONTRACTOR 0 JAMES YIASKI MAILLIE WC BOARD OF ADVISORS 26350 AUDIT/TAX SERVICES 0 PAUL O'TOOLE DEERFIELD GOLF CLUB JV BOARD OF ADVISORS 59354 EVENT FEES 0 ANGIE LOBB THOMPSON CAMERON'S HARD JV BOARD OF ADVISORS 10836 HARDWARE/REPAIR SUPPLIES 0 PEG O'GRADY AVON GROVE CHARTER SCH JV BOARD OF ADVISORS 300 RENTAL PAYMENTS 0 JOHN MEADOWS BERNARDON HABER HOLLO KS BOARD OF ADVISORS 41810 ARCHITECTURAL SERVICES 0 HARRY LEWIS BRANDYWINE HEALTH WE AO BOARD OF ADVISORS 600 RENTAL PAYMENTS 0 KIM WOODWORTH COMCAST CORPORATION AO BOARD OF ADVISORS 15000 SERVICES 0 DARYL THOMAS HERR FOODS AO BOARD OF ADVISORS 3073 SUPPLIES 0 DAN SIFER HERR FOODS JV BOARD OF ADVISORS 3073 SUPPLIES 0 DR ROBERT JENNINGS LINCOLN UNIVER BOARD MEMBER 60 REGISTRATION FOR SEMINAR 0 KEN WEST MANITO ABSTRACT CO WC BOARD OF ADVISORS 100000 DEPOSIT ON PROPERTY 0 MIKE PIA MCGOVERN CO EXCAVATING BOARD MEMBER 1530 MAINTENANCE AND PLUMBING 0 JOESPH VISCUSO PENNONI ASSOCIATES BOARD CHAIR 4531 ENGINEERING SERVICES 0 ED STILLMAN STILLMAN VOLVO FORMER AO & WC BOARD OF ADVISORS 3659 LEASE PAYMENTS 0 X MISCELLANEOUS 38 82990 SCHEDULE PBC 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE YMCA OF THE BRANDYWINE VALLEY IS A MEMBERSHIP ASSOCIATION COMPRISED OF OVER 55,000 LOCAL MEMBERS. THE ASSOCIATION IS GOVERNED BY A BOARD OF DIRECTORS THAT ACTS ON BEHALF OF ITS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS ARE VOTED ON BY MEMBERS DURING THE ANNUAL BOARD OF DIRECTORS MEETING EACH YEAR. MEMBERS OF THE YMCA HAVE THE RIGHT TO NOMINATE POTENTIAL DIRECTORS AS PART OF THE CANDIDTATE SLATE. FORM 990, PART VI, SECTION A, LINE 7B CERTAIN CHANGES TO THE ASSOCIATION BYLAWS ARE SUBJECT TO A VOTE OF YMCA MEMBERS. SUCH VOTE WOULD TAKE PLACE AT THE ANNUAL MEETING OR UPON SUFFICIENT NOTIFICATION BETWEEN MEETINGS. FORM 990, PART VI, SECTION B, LINE 11 THE 990 RETURN AND ACCOMPANYING SCHEDULES ARE REVIEWED BY BOARD MEMBERS PRIOR TO FILING WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C THE YMCA OF THE BRANDYWINE VALLEY HAS A CONFLICT OF INTEREST POLICY THAT REQUIRES DISCLOSURE OF POTENTIAL CONFLICTS. IF THESE POTENTIAL CONFLICTS INTERFERE WITH THE INDEPENDENT ACTIONS OF THE BOARD OF DIRECTORS OF THE YMCA OF THE BRANDYWINE VALLEY, SUCH MEMBER WILL EITHER RECUSE HIM/HERSELF FROM THAT MATTER, OR THE CHAIRMAN/WOMAN OF THE BOARD WILL ASK THAT MEMBER TO RECUSE HIM/HERSELF FROM THAT MATTER. FORM 990, PART VI, SECTION B, LINE 15 THE YMCA OF THE BRANDYWINE VALLEY HAS A COMPENSATION COMMITTEE THAT ANNUALLY REVIEWS AND APPROVES THE COMPENSATION FOR OFFICERS AND KEY EMPLOYEES. THIS REVIEW INCLUDES BOTH GENERAL AND INDUSTRY BENCHMARKS TO MEASURE THE APPROPRIATENESS OF THE OVERALL COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, ORGANIZATION POLICIES AND PROCEDURES AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN FAIR VALUE OF INTEREST RATE SWAP 2,578,726. 990, PART XII, LINE 2C THE ORGANIZATION DID NOT CHANGE ITS POLICIES RELATED TO OVERSIGHT OF THE AUDIT OF FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT AUDITOR FROM THOSE USED IN PRIOR YEARS.