2012-09-05T12:13:27-05:00 2011-12-31 231518888 MAILLIE FALCONIERO & COMPANY LLP PO BOX 680 OAKS PA 194560680 990 2011-01-01 231365994 YMCA OF THE BRANDYWINE VALLEY YMCA 6106439622 ONE EAST CHESTNUT STREET WEST CHESTER PA 19380 DENISE L DAY 6106439622 2012-09-04 1 D SCOTT DETAR CPA P00011929 6109351420 2011 2016-02-24 21:20:13Z DENISE L DAY ONE EAST CHESTNUT STREET WEST CHESTER PA 19380 33381524 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. 24 24 2284 2095 0 0 1408726 2836339 27429285 29799788 52803 -70039 539125 509394 29429939 33075482 2031580 2952634 0 0 16671953 17423269 0 0 454526 10274691 10489555 28978224 30865458 451715 2210024 48744422 50224733 32710569 34902228 16033853 15322505 X SEE PAGE 1, PART 1, NUMBER 1 AND SCHEDULE O FOR ORGANIZATION'S MISSION STATEMENT. 0 0 6700719 702674 9270514 CHILDCARE - YMCA REGIONAL BRANCHES ARE THE LARGEST PROVIDER OF CHILDCARE IN CHESTER COUNTY, PENNSYLVANIA. WE PROVIDE BOTH FULL AND PART TIME OPTIONS TO SERVE A WIDE RANGE OF FAMILY SCHEDULING NEEDS, AND ENSURE THAT CHILDREN OF ALL INCOME LEVELS COULD PARTICIPATE. YMCA PROGRAMS ARE DESIGNED TO MEET THE INDIVIDUAL NEEDS OF THE CHILD AND THE FAMILY AS A WHOLE. PROVIDING HIGH QUALITY CHILDCARE IS A COMMITMENT TO STRENGTHENING FAMILIES. WE HELP FAMILIES AND CHILDREN COPE WITH THE STRESS AND STRAIN OF BALANCING WORK AND CHILDREN. 6974265 1897847 17889219 YMCA MEMBERSHIP - THE YMCA IS A MEMBERSHIP ORGANIZATION THAT INVITES ALL PEOPLE TO JOIN AND BUILD A HEALTHY SPIRIT, MIND, AND BODY. IN 2011, 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. 4582633 483662 YMCA HEALTH & FITNESS - THE YMCA EMPHASIZES THE ONENESS OF SPIRIT, MIND, AND BODY. YMCA HEALTH ENHANCEMENT PROGRAMS HELP ACHIEVE THIS UNITY THROUGH PROGRAMS THAT STRESS PROPER EXCERCISE AND HEALTH EDUCATION. YMCAS OFFER A LIFELONG PROGRESSION OF HEALTH AND FITNESS ACTIVITIES, EXPERIENCES, AND EDUCATION, INCLUDING PROGRAMS FOR CHILDREN, TEENS, FAMILIES, AND SENIORS. EXAMPLES INCLUDE PRENATAL EXCERCISE, PRESCHOOL MOVEMENT, PARENT/CHILD EXCERCISE, TEEN CONDITIONING, AEROBICS, STRENGTH TRAINING, AND SENIOR FITNESS. PEOPLE WITH DISABILITIES AND THOSE WITH CHRONIC AILMENTS, SUCH AS ARTHRITIS, CANCER, AND HEART DISEASE, FIND YMCA PROGRAMS THAT ARE TAILORED TO THEM. YMCA PROGRAMS ARE DESIGNED TO ATTRACT PEOPLE OF ALL AGES, ALL ABILITIES, AND ALL INCOMES. YMCAS OFFER A WELCOMING ATMOSPHERE, WHERE NEW EXCERCISERS CAN FEEL COMFORTABLE AND RECEIVE THE SUPPORT THEY NEED TO IMPROVE THEIR HEALTH. MOST PEOPLE CAN AFFORD LOW-COST YMCA HEALTH AND FITNESS PROGRAMS. YMCA FINANCIAL ASSISTANCE POLICIES HELP LOW-INCOME PEOPLE, WHO ARE LESS LIKELY TO EXCERCISE AND TO HAVE ADEQUATE HEALTH CARE, GAIN ACCESS TO THE YMCA. 7526950 352113 2387381 YMCA AQUATICS - YMCA AQUATICS PROGRAMS ARE PART OF THE YMCAS OVERALL GOAL OF BUILDING HEALTHY SPIRIT, MIND, 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 2011, 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 2011. 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. 7526950 352113 2387381 25784567 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 1 23 0 1 2284 1 0 0 0 0 0 1 1 0 0 0 0 X 24 24 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 LYNNE BROOKES 1.00 X 0 0 0 DOUG COFIELL 1.00 X 0 0 0 TERENCE FARRELL 1.00 X 0 0 0 JOHN A FEATHERMAN III 5.00 X X 0 0 0 LEWIS R FRAME 1.00 X 0 0 0 KENNETH M GODDU 3.00 X X 0 0 0 JAMES T HORN 1.00 X 0 0 0 BLAKE KRAPF 3.00 X X 0 0 0 HARRY LEWIS 1.00 X 0 0 0 DAN MCDERMOTT 1.00 X 0 0 0 LEO D PARSONS 1.00 X X 0 0 0 MICHAEL PIA 1.00 X 0 0 0 ROBERT E RIGG 1.00 X 0 0 0 JOSEPH TEDESCO 1.00 X 0 0 0 DARYL THOMAS 1.00 X 0 0 0 JOSEPH J VISCUSO 3.00 X X 0 0 0 MICHAEL R WALKER 1.00 X 0 0 0 ALPHEAUS JOHNSON 1.00 X 0 0 0 ERIC MILLER 1.00 X 0 0 0 RANDALL SCHAUER 1.00 X 0 0 0 CHARLES KOCHKA 1.00 X 0 0 0 DIRK VANDERLAAN 1.00 X 0 0 0 NANCY VENO 1.00 X 0 0 0 KIM WOODWORTH 1.00 X 0 0 0 DENISE L DAY 50.00 X 241050 0 38895 TIMOTHY WALSH 50.00 X 120318 0 7477 BABETTE RACCA 50.00 X 118506 0 19551 ANDREA YOUNDT 50.00 X 155897 0 24038 BRUCE GRIFFIN 50.00 X 128748 0 25419 764519 0 115380 5 0 1 0 FULTON BANK PO BOX 69 EAST PETERSBURG PA 17520 BANKING 1037055 AETNA US HEALTHCARE PO BOX 804735 CHICAGO IL 60680 HEALTH CARE 850665 PRECISION PRINT COMMUNICATIONS PO BOX 1482 CHADDS FORD PA 19317 PRINTER 508816 DIROCCO BROTHERS 509 MAPLE AVE WEST CHESTER PA 19380 CONSTRUCTION 449512 PANCOAST & CLIFFORD INC 206 CARTER DRIVE WEST CHESTER PA 19382 CONSTRUCTION 312349 16 129511 2706828 203115 2836339 MEMBERSHIP 813410 17506097 17506097 PROGRAM SERVICE REVENU 813410 12293691 12293691 29799788 47604 47604 2229 15317 0 135189 2229 -119872 -117643 -119872 2229 226905 102246 124659 124659 102482 68607 33875 33875 OTHER MISCELLANEOUS RE 813410 350860 350860 350860 33075482 30030776 0 208367 2952634 2952634 825352 709519 104847 10986 13616659 11705653 1729765 181241 839539 701083 123522 14934 1071801 895041 157694 19066 1069918 893468 157417 19033 29520 8477 21043 4043 1161 2882 28275 8119 20156 468068 134408 333660 472796 230385 38476 203935 684976 617116 66509 1351 1639360 1443232 196128 103851 103851 1359324 1359324 266680 266680 2175189 2126272 48917 180208 169131 11077 REPAIRS AND MAINTENANCE 1274029 1223652 50377 PROGRAM COSTS 770059 770059 BANK AND CREDIT CARD FE 492422 492422 COMMUNITY RELATIONS 120668 87956 31921 791 420087 348099 68799 3189 30865458 25784567 4626365 454526 9593 7754 3409879 4710648 254495 852005 20376 1780 427876 280463 64284962 21862645 42808045 42422317 1283123 1508500 461757 441266 69278 0 48744422 50224733 1625698 1850447 1664299 1347429 25596910 25044615 3823662 6659737 32710569 34902228 X 15163905 14457224 132196 137219 737752 728062 16033853 15322505 48744422 50224733 X 2210024 -2921372 X X 0 1 1 X 0 X 13658821 14806356 17434192 18195235 3063244 67157848 9697393 10500641 10338294 10875277 29902270 71313875 23356214 25306997 27772486 29070512 32965514 138471723 5300 23835 24650 53785 0 5300 23835 24650 53785 138417938 660899 570926 88472 52415 47604 1420316 660899 570926 88472 52415 47604 1420316 196038 241031 457900 377987 350860 1623816 24213151 26118954 28318858 29500914 33363978 141515855 0.97810 0.97730 0.01000 0.01120 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 436959 13294 -11914 438339 404908 400 31651 436959 343401 10150 62352 10995 404908 480157 10000 -146756 343401 1.00000 0 0 3908190 3908190 54112707 16514023 37598684 5944972 5348622 596350 319093 319093 42422317 SWAP LIABILITY 6587719 OTHER LIABILITIES 72018 6659737 33075482 30865458 2210024 -26667 -2894705 -2921372 -711348 33339540 -26667 290725 264058 33075482 0 33075482 31036311 170853 170853 30865458 0 30865458 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: 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. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: 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 2008, 2009 AND 2010 IS SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THE TAX RETURN WAS FILED. PART XI, LINE 8 - OTHER ADJUSTMENTS: CHANGE IN SWAP VALUATION -2,894,705. PART XI, LINE 8 DECREASE IN SWAP VALUATION OF $2,894,705 PART XII, LINE 2D SPECIAL EVENT DIRECT EXPENSES OF $102,246, LOSS ON DISPOSAL OF ASSETS $119,872 AND COST OF MERCHANDISE SOLD $68,607. PART XIII, LINE 2D SPECIAL EVENT DIRECT EXPENSES OF $102,246 AND COST OF MERCHANDISE SOLD $68,607. GOLF OUTING 226905 226905 50734 51512 226905 226905 50734 51512 102246 124659 0 FINANCIAL ASSISTANCE 2952634 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 DENISE L DAY 196012 0 41800 0 3238 0 28926 0 9969 0 279945 0 0 0 ANDREA YOUNDT 134231 0 21666 0 0 0 18707 0 5331 0 179935 0 0 0 BRUCE GRIFFIN 119108 0 7000 0 2640 0 15450 0 9969 0 154167 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 1037055 DEBT COSTS 0 BLAKE KRAPF KRAPF BUS COMPANIES BOARD MEMBER 63988 TRANSPORTATION SERVICES 0 JIM HORN TRI M BOARD MEMBER 35861 ELECTRICAL CONTRACTING 0 JOHN FEATHERMAN 1N BOARD MEMBER 9702 BANKING 0 JOSEPH TEDESCO FIRST NIAGARA BANK BOARD MEMBER 146 BANKING 0 RANDALL SCHAUER FOX ROTHCHILD BOARD MEMBER 3063 LEGAL SERVICES 0 DAN MCDERMOTT EASE FORWARD BOARD MEMBER 15000 CONSULTING 0 X 1 203115 MARKET VALUE 0 0 0 NON REPORTING OF REVENUE: PART I, LINE 33: THE ORGANIZATION RECEIVED 10,000 SHARES OF NUVEEN PREMIUM INCOME MUNI-FUND AND 6,581 SHARES OF PIMCO MUNICAL INCOME FUND II. THE COMMON STOCK WAS VALUED AT $203,115. THE NONCASH CONTRIBUTION IS PART OF A TWO YEAR COMMITMENT, WITH THE REMAINING $92,280 DUE IN 2012. 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -26,667. CHANGE IN SWAP VALUATION -2,894,705. TOTAL TO FORM 990, PART XI, LINE 5: -2,921,372. 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. ORGANIZATION'S MISSION CONT. FORM 990, PART 1, LINE 1 - ENCOURAGING AN APPRECIATION OF DIVERSITY BY DEMONSTRATING A RESPECT FOR PEOPLE OF DIFFERENT AGES, ABILITIES, INCOMES, RACES, RELIGION, CULTURES, AND BELIEFS. - HELPING INDIVIDUALS TO BECOME LEADERS AND SUPPORTERS AND TO WORK TOWARD COMMON GOOD. - ASSISTING INDIVIDUALS OF ALL AGES TO DEVELOP SPECIFIC SKILLS, AQUIRE NEW KNOWLEDGE, AND WAYS TO GROW IN SPIRIT, MIND, AND BODY.