2011-06-06T06:48:04-05:00 2010-12-31 NISIVOCCIA LLP 200 VALLEY RD SUITE 300 MT ARLINGTON NJ 07856 990 2010-01-01 221487392 THE SUMMIT AREA YMCA SUMM 9082734270 490 MORRIS AVENUE SUMMIT NJ 07901 EMILY APREA 9082734270 2011-06-02 1 THOMAS DARTNELL 9733281825 2011-05-16 2010 2016-03-07 17:11:31Z DAVID DIETZE 490 MORRIS AVENUE SUMMIT NJ 07901 14889006 0 X WWW.SUMMITAREAYMCA.ORG X 1886 NJ THE SUMMIT AREA YMCA CHAMPIONS POSITIVE VALUES IN YOUTH, STRENGTHENS FAMILIES AND BUILDS HEALTHY SPIRIT, MIND AND BODY FOR ALL. 17 17 644 982 0 0 1132801 1303807 11490717 11313845 182518 225769 235500 207055 13041536 13050476 0 0 0 0 8008030 7891196 0 0 176273 4423675 4520991 12431705 12412187 609831 638289 17371049 18836173 2081583 2533873 15289466 16302300 X THE SUMMIT AREA YMCA CHAMPIONS POSITIVE VALUES IN YOUTH, STRENGTHENS FAMILIES AND BUILDS HEALTHY SPIRIT, MIND AND BODY FOR ALL. 0 0 4375308 5106659 PHYSICAL PROGRAMS. THE SUMMIT AREA YMCA IS A LEADING VOICE ON HEALTH AND WELL-BEING. WITH A MISSION CENTERED ON BALANCE, THE Y BRINGS FAMILIES CLOSER TOGETHER, ENCOURAGES GOOD HEALTH AND FOSTERS CONNECTIONS THROUGH FITNESS, SPORTS, FUN AND SHARED INTERESTS. AS A RESULT, THOUSANDS OF YOUTH, ADULTS AND FAMILIES ARE RECEIVING THE SUPPORT, GUIDANCE AND RESOURCES NEEDED TO ACHIEVE GREATER HEALTH AND WELL-BEING FOR THEIR SPIRIT, MIND AND BODY. SELMA, WHO HAS BEEN A Y MEMBER FOR 16 YEARS, IS A GREAT EXAMPLE OF THE KIND OF SUPPORT THE Y PROVIDES TO THOSE WHO SEEK TO IMPROVE THEIR HEALTH IN SPIRIT, MIND AND BODY. SHE SAYS, "I BECAME A MEMBER OF THE SUMMIT Y RIGHT AFTER I RETIRED. THIS HAS BECOME ONE OF THE MOST IMPORTANT THINGS I HAVE EVER DONE FOR MYSELF. I COME HERE AND THIS HURTS AND THAT HURTS AND I ALWAYS FEEL BETTER WHEN I'M DONE. I AM SURE THE REASON I FEEL BETTER IS 50% PHYSICAL ACTIVITY AND 50% SOCIALIZATION WITH OTHER MEMBERS AND WONDERFUL STAFF. I AM HERE FOUR MORNINGS A WEEK. IF I DIDN'T COME HERE I WOULD BE SITTING ON THE COUCH WITH MY LAP TOP AND NEWSPAPER." SHE GOES ON TO SAY, "AT MY STAGE OF LIFE THERE ARE 2 THINGS THAT ARE VERY IMPORTANT; TO KEEP MOVING AND TO KEEP A SENSE OF HUMOR. I KEEP MOVING AND I LAUGH HERE ALL THE TIME. I DON'T LAUGH AT HOME. WHERE ELSE CAN YOU HAVE FUN AND EXERCISE YOUR BODY AT THE SAME TIME-ONLY AT THE Y. WE ALL HAVE PROBLEMS AT HOME. I AM ABLE TO LEAVE MY PROBLEM THERE WHEN I COME HERE."THE Y IS ALSO ENCOURAGING YOUNG PEOPLE TO DEVELOP AND MAINTAIN HEALTHY EXERCISE AND NUTRITION HABITS THROUGH THE FREE 7TH GRADE INITIATIVE PROGRAM. STARTED IN 2008, THE PROGRAM NOW SERVES 250 KIDS WITH FREE MEMBERSHIP, A SPECIAL INTRODUCTION TO WORKING OUT, AND FUN ACTIVITIES AND CLASSES TO KEEP THEM MOTIVATED. STAFF ARE DEDICATED TO HELPING THESE YOUNG TEENS, WHO ARE AT A CROSSROADS IN THEIR DEVELOPMENT, CHOOSE THE HEALTHY PATH, BOTH PHYSICALLY AND SOCIALLY.THE SUMMIT AREA YMCA CONTINUES TO PARTICIPATE IN THE YMCA'S MILITARY OUTREACH PROGRAM, OFFERING FREE MEMBERSHIP TO ACTIVE DUTY PERSONNEL AND THEIR FAMILIES, GIVING THEM A PLACE TO COME TO RELIEVE STRESS, MAKE FRIENDS, AND BECOME HEALTHIER. 4463097 5024128 CHILD CARE. THE SUMMIT YMCA BELIEVES THAT ALL KIDS DESERVE THE OPPORTUNITY TO DISCOVER WHO THEY ARE AND WHAT THEY CAN ACHIEVE. IN ADDITION, THE Y BELIEVES THAT KIDS NEED A SAFE, NURTURING ENVIRONMENT IN WHICH TO LEARN, GROW AND DEVELOP SOCIAL SKILLS AND OUR CHILD CARE PROGRAMS, WHICH CARE FOR 750 CHILDREN AGES SIX WEEKS TO 11 YEARS EVERY DAY, PROVIDE JUST SUCH AN ENVIRONMENT. IN 2010, THE Y PROVIDED $440,411 IN DIRECT FINANCIAL ASSISTANCE TO 150 KIDS, ENSURING THEIR SAFETY AND THEIR DEVELOPMENT AS INFANTS, TODDLERS, PRE-SCHOOLERS AND ELEMENTARY SCHOOL CHILDREN. MANY OF THE CHILDREN IN THE CHILD CARE PROGRAMS, PARTICULARLY AT THE LEARNING CIRCLE YMCA, A FULL-TIME CHILD CARE CENTER CARING FOR CHILDREN FROM SIX WEEKS TO SIX YEARS OLD, ARE SPANISH SPEAKING AND COME TO THE Y WITH LITTLE OR NO ENGLISH SKILL. MARIA IS ONE SUCH CHILD. SHE CAME TO TLC WHEN SHE WAS THREE YEARS OLD. SHE SPOKE NO ENGLISH AND HAD NEVER BEEN IN CHILD CARE. SHE QUICKLY LEARNED TO SPEAK PERFECT ENGLISH AND TOOK GREAT PRIDE IN SPELLING HER TEACHER'S NAME AND EVEN THE NAME OF HER TEACHER'S CAT. SHE SPELLED FOR EVERYONE. WHEN A NEW SPANISH-SPEAKING GIRL ARRIVED IN HER PRE-K CLASS, MARIA TOOK HER UNDER HER WING, BECOMING HER FRIEND AND TRANSLATOR, GIVING BACK WHAT SHE HAD LEARNED TO "THE NEXT GENERATION." NOT ONLY WILL MARIA ENTER KINDERGARTEN NEEDING NO SPECIAL ESL CLASSES, THIS OTHER LITTLER GIRL WON'T EITHER. 672624 641357 DAY CAMP. THE SUMMIT AREA YMCA'S DAY CAMPS ARE SAFE, EXCITING PLACES FOR YOUNG PEOPLE TO EXPLORE THE OUTDOORS, BUILD SELF-ESTEEM, DEVELOP INTERPERSONAL SKILLS AND MAKE LASTING FRIENDSHIPS AND MEMORIES. IN 2010, THE Y PROVIDED $156,446 IN DIRECT FINANCIAL ASSISTANCE TO 100 CAMPERS, OR 17% OF THE TOTAL CAMP POPULATION, TO ENSURE THEY HAD THE SAME EXPERIENCES AS OTHER KIDS AND THAT THEY TOO, BENEFITTED FROM THE NURTURING DEVELOPMENT THAT HAPPENS EVERY DAY IN Y CAMP. MAIRYM IS ONE OF THE PARENTS WHOSE KIDS BENEFITTED FROM THE Y'S FINANCIAL ASSISTANCE PROGRAM FOR CAMP. IN THE MIDST OF A FINANCIAL CRISIS THAT INCLUDED HOME FORECLOSURE, MAIRYM KNEW THAT HER CHILDREN HAD A SAFE PLACE TO GO EVERYDAY WHERE THEY MADE NEW FRIENDS AND GAINED POSITIVE MEMORIES TO LAST A LIFETIME. SHE WAS PARTICULARLY HAPPY THAT HER THREE YEAR OLD WAS ABLE TO LEARN HOW TO SWIM. MAIRYM SAYS, "IT BROUGHT TEARS TO MY EYES WHEN I OBSERVED HER PROGRESS. CLEARLY YOU ARE ALL LIVING THE YMCA MISSION AND I WILL BE FOREVER GRATEFUL FOR YOUR HELP IN MY TIME OF NEED." 1118237 1475987 OTHER PROGRAM SERVICES. IN ADDITION TO PHYSICAL PROGRAMS, CHILD CARE AND CAMP, THE Y SERVES THE COMMUNITY IN A VARIETY OF WAYS, MOST IMPORTANTLY THROUGH THE COMMUNITY DEVELOPMENT PROGRAMS, INCLUDING THE ACHIEVERS PROGRAM AND THE SUMMIT YOUTH CENTER, WHICH PRINCIPALLY PROVIDE FREE OR LOW COST EDUCATIONAL AND CAREER SUPPORT TO MINORITY TEENS AND THEIR FAMILIES. THE SUMMIT YMCA HAS RUN THE CITY'S YOUTH CENTER, OFFERING FREE AFTER SCHOOL, WEEKEND, AND SUMMER PROGRAMS FOR YOUTH IN GRADES 6-12. IN ADDITION TO PROVIDING A SUPERVISED DROP IN CENTER, KIDS COME TO DO THEIR HOMEWORK, RECEIVE TUTORING, PARTICIPATE IN BOOK GROUPS OR COMMUNITY SERVICE PROJECTS, OR TO LEARN NEW SKILLS AND HOBBIES SUCH AS FILMMAKING AND LATIN DANCE. THE Y HAS ALSO SPONSORED THE AMERICAN RED CROSS BABYSITTING COURSE AND LIFEGUARDING COURSES FOR YOUTH CENTER PARTICIPANTS, HELPING THEM LEARN SKILLS THEY CAN USE TO GET STARTED IN THE WORLD OF WORK. THE YOUTH CENTER HAS ALSO STARTED PROVIDING PROGRAMS FOR MINORITY ADULTS AND SENIORS INCLUDING AN ENGLISH AS A SECOND LANGUAGE PROGRAM AND SPECIAL PARENTING CLASSES HELD IN SPANISH.IN 2010, THE SUMMIT AREA YMCA PROVIDED ALMOST $1.4 MILLION IN DIRECT FINANCIAL ASSISTANCE AND BOTH DIRECT AND INDIRECT PROGRAM SUBSIDIES. OF THIS TOTAL, 43% SUPPORTED YOUTH AND TEEN PROGRAMS, 32% WENT TO OUR CHILD CARE PROGRAMS, 11% TO MEMBERSHIP, 8% TO CAMP, 5% TO COMMUNITY SUPPORT HELPING OTHER ORGANIZATIONS, AND 1% TO INTERNATIONAL PROGRAMS. 1118237 1475987 10629266 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 644 1 0 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NJ X X EMILY APREA 9082734270 490 MORRIS AVENUE SUMMIT NJ 07901 CHRISTOPHER BIROSAK 2.00 X 0 0 0 LAURA GUMP 2.00 X 0 0 0 YON CHO 2.00 X 0 0 0 SHEREL HERSCH 2.00 X 0 0 0 JOHN R HAVAS 2.00 X 0 0 0 MARY L SPECKHART 2.00 X 0 0 0 LINDA FLANAGAN 2.00 X 0 0 0 GREG FERNICOLA 2.00 X 0 0 0 CAROLE A SCHWARTZ 2.00 X 0 0 0 BEATA WILLIAMS 2.00 X 0 0 0 LEX MAULTSBY 2.00 X 0 0 0 PETE PARDO 2.00 X 0 0 0 MARK MULLER 2.00 X 0 0 0 DARRELL JOHNSON 40.00 X X X 224353 0 30029 EMILY APREA 40.00 X 96953 0 17523 ANDREW BOBBITT 40.00 X X X 150103 0 26584 DONNA MILLER 5.00 X 0 0 0 CYNTHIA B MARTIN 5.00 X 0 0 0 DAVID DIETZE 5.00 X 0 0 0 FREDERICK WATTS 5.00 X 0 0 0 471409 0 74136 2 0 1 0 0 24168 1279639 125105 1303807 PROGRAM SERVICE FEES 900099 11313845 11313845 11313845 119677 119677 1931612 1825520 106092 106092 106092 9466 24168 13010 -3544 -3544 MISC SERVICE/RENTAL 900099 210599 210599 210599 13050476 11630536 0 116133 545845 176687 369158 5819481 5230630 470087 118764 420287 361447 56739 2101 711705 649497 58277 3931 393878 338746 53163 1969 592786 401655 173865 17266 1171838 1062376 81423 28039 1292256 1178323 113933 175323 175028 295 70568 40218 27107 3243 83403 83403 649871 562138 87733 103405 103405 MISCELLANEOUS 224519 208086 16433 NATIONAL YMCA DUES 133850 133850 DUES AND SUBSCRIPTIONS 23172 7180 15032 960 12412187 10629266 1606648 176273 66576 159732 1103254 836314 91022 21354235 8426898 12863878 12927337 2943000 4276243 295319 628547 8000 8000 17371049 18836173 1605926 1892916 475657 640957 2081583 2533873 X 11976720 12288166 40000 40000 3272746 3974134 15289466 16302300 17371049 18836173 X 638289 374545 X X 0 1 1 X 0 X 895968 1746477 1505755 1132801 1313273 6594274 11784120 12255675 12279861 11490717 11313845 59124218 12680088 14002152 13785616 12623518 12627118 65718492 0 0 0 65718492 110158 73149 69741 85417 117892 456357 110158 73149 69741 85417 117892 456357 29849 72211 312118 240907 212400 867485 12820095 14147512 14167475 12949842 12957410 67042334 0.98030 0.98330 0.00680 0.00550 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3272746 701388 3974134 2706579 566167 3272746 0 0 1138200 1138200 15482030 4847945 10634085 1548187 897640 650547 2945624 2486651 458973 240194 194662 45532 12927337 CAPITAL LEASE OBLIGATIONS 340957 LINE OF CREDIT 300000 640957 13050476 12412187 638289 374545 374545 1012834 13438031 374545 13010 387555 13050476 0 13050476 12425197 13010 13010 12412187 0 12412187 PART X, LINE 2: EFFECTIVE DECEMBER 15, 2009, THE YMCA ADOPTED ASC 740-10-50-15, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE STANDARD PRESCRIBES A MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT METHODOLOGY THAT A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FINANCIAL STATEMENTS. IT ALSO PROVIDES GUIDANCE FOR DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE, AND TRANSITION. THE CUMULATIVE EFFECT OF THIS CHANGE IN ACCOUNTING PRINCIPLE WAS IMMATERIAL. PART XII LINE 2D: FUNDRAISING EXPENSES PART XIII LINE 2D: FUNDRAISING EXPENSES SUMMIT 5K RACE 19669 17132 2537 6637 13965 7036 6929 6373 33634 24168 9466 13010 13010 -3544 1 X X 0 0 0 0 0 0 0 0 0 DARRELL JOHNSON 224353 0 0 0 0 0 22435 0 7594 0 254382 0 0 0 ANDREW BOBBITT 150103 0 0 0 0 0 15010 0 11574 0 176687 0 0 0 X 2 125105 FAIR VALUE 0 0 0 FORM 990, PART VI, SECTION B, LINE 11 YOUNG MENS CHRISTIAN ASSOCIATION SUMMIT, NEW JERSEY HAS ITS FORM 990 PREPARED BY AN OUTSIDE ACCOUNTING FIRM AND HAS ESTABLISHED THE FOLLOWING REVIEW PROCESS TO ENSURE THAT THE INFORMATION REPORTED IS COMPLETE AND ACCURATE. WHEN THE FORM 990 HAS BEEN PREPARED, REVIEWED BY MANAGEMENT AND IS READY TO BE FILED WITH THE INTERNAL REVENUE SERVICE, IT IS PROVIDED TO THE MEMBERS OF THE ORGANIZATIONS GOVERNING BODY FOR ANY COMMENTS PRIOR TO ITS SUBMISSION. THE GOVERNING BODY IS PROVIDED WITH A REASONABLE AMOUNT OF TIME TO REVIEW THE FORM 990. ANY COMMENTS ARE THEN GROUPED, SUMMARIZED AND PROVIDED THROUGH MANAGEMENT TO THE OUTSIDE ACCOUNTING FIRM. ANY APPLICABLE ISSUES ARE ADDRESSED UNTIL THE RETURN IS FINALIZED AND APPROVED FOR FILING. FORM 990, PART VI, SECTION B, LINE 12C YOUNG MENS CHRISTIAN ASSOCIATION SUMMIT, NEW JERSEY CURRENTLY HAS IN PLACE A CONFLICT OF INTEREST POLICY WHICH IT REGULARLY MONITORS AND ENFORCES. THE BOARD MANDATES THAT ALL MEMBERS OF MANAGEMENT AND THE GOVERNING BODY ANNUALLY SIGN A CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS THAT MAY EXIST. IF A POTENTIAL OR ACTUAL CONFLICT OF INTEREST EXISTS, GOVERNING BODY AND MANAGEMENT WILL INVESTIGATE THE ISSUE. IF A CONFLICT OF INTEREST IS DETERMINED TO EXIST MANAGEMENT AND THE GOVERNING BODY WILL BE NOTIFIED IMMEDIATELY. THE MEMBER WILL NOT BE ALLOWED TO VOTE OR BE A PART OF ANY DECISIONS ABOUT ANY SUCH TRANSACTIONS THAT HAVE TO DO WITH THE CONFLICT UNTIL SUCH TIME THERE IS NO LONGER A CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF THE ORGANIZATIONS OFFICERS OR KEY EMPLOYEES IS REVIEWED AND APPROVED BY THE BOARD OF TRUSTEES AN INDEPENDENT BODY. THERE IS A COMPENSATION COMMITTEE THAT REVIEWS THE COMPENSATION POLICIES AND ANALYZES SURVEYS AND STUDIES OF OTHER EXEMPT ORGANIZATIONS, BEFORE SUBMITTING RECOMMENDATIONS TO THE BOARD. FORM 990, PART VI, SECTION C, LINE 19 YOUNG MENS CHRISTIAN ASSOCIATION SUMMIT, NEW JERSEY MAKES ITS FORM 990 AVAILABLE FOR PUBLIC INSPECTION AS REQUIRED UNDER SECTION 6104 OF THE INTERNAL REVENUE CODE BY POSTING IT ON GUIDESTAR.ORG. IN ADDITION FORMS 990 AND 1023 AS WELL AS THE FINANCIAL STATEMENTS, AND CONFLICT OF INTEREST POLICY ARE AVAILABLE UPON WRITTEN REQUEST AT THE CENTERS OFFICE AT 490 MORRIS AVENUE, SUMMIT, NJ 07901. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 374,545. UNREALIZED LOSS ON INVESTMENTS NO CHANGE FROM PRIOR YEAR