2011-09-15T13:30:12-05:00 2011-05-31 BEENE GARTER LLP 56 GRANDVILLE AVE SW SUITE 100 GRAND RAPIDS MI 495034036 990 2010-06-01 381358058 THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF GREATER GRAND RAPIDS YOUN 6168559600 475 LAKE MICHIGAN DRIVE NW GRAND RAPIDS MI 49504 ROBERT L BRANCH 6168559600 2011-09-14 1 MARGARET W BISHOP CPA 6162355200 2010 2016-03-07 17:11:31Z YMCA OF GREATER GRAND RAPIDS ROBERT L BRANCH 475 LAKE MICHIGAN DRIVE NW GRAND RAPIDS MI 49504 23151731 0 X WWW.GRYMCA.ORG X 1866 MI SEE SCHEDULE O FOR DESCRIPTION.TO PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD HEALTHY SPIRIT, MIND, AND BODY FOR ALL. 36 36 1481 7200 0 0 4582019 5585799 15454353 15900342 -353592 131885 140736 118304 19823516 21736330 0 0 0 0 10896185 11384889 0 0 800341 8804543 8556361 19700728 19941250 122788 1795080 54200199 74606675 25072810 43346864 29127389 31259811 X SEE SCHEDULE O FOR DESCRIPTION. 0 0 6950450 11273196 PHYSICAL/CARDIOVASCULAR CARE:PHYSICAL/CARDIOVASCULAR CARE PROGRAMS ARE PART OF THE Y'S FOCUS FOR YOUTH DEVELOPMENT, HEALTHY LIVING, AND SOCIAL RESPONSIBILITY. PROGRAMS ARE DESIGNED TO IMPACT THE WELLNESS OF THE COMMUNITY AND INCLUDE FREE SEMINARS, BLOOD PRESSURE SCREENINGS, CHOLESTEROL TESTS, AND FITNESS EVALUATIONS. THERE IS AN EMPHASIS ON FAMILY, WITH A FULL COMPLEMENT OF PROGRAMS FOR INDIVIDUALS SIX MONTHS TO SENIOR CITIZENS. FINANCIAL ASSISTANCE IS AVAILABLE TO THOSE IN NEED. 2869567 2257064 CHILD CARE:CHILD CARE PROGRAMS PROVIDE HIGH QUALITY CHILD CARE WHILE FOCUSING ON THE Y'S FIVE CORE VALUES - CARING, HONESTY, RESPECT, RESPONSIBILITY, AND INCLUSION. Y PROGRAMS ARE BASED UPON YEARS OF RESEARCH IN THE FIELD OF CHILD DEVELOPMENT AND ARE DESIGNED TO MEET THE INDIVIDUAL NEEDS OF THE CHILD AND THE FAMILY AS A WHOLE. THE Y PROVIDES A SAFE AND NURTURING PLACE AND SUPPORTS CHILD DEVELOPMENT. THE Y UNDERSTANDS THE NEED FOR AFFORDABLE CHILD CARE, AND IS THERE TO ASSIST IN REDUCING THE BURDEN AND STRESS BY PROVIDING TUITION ASSISTANCE FOR CHILD CARE SERVICES. ADDITIONALLY, WE AID FAMILIES WHO MIGHT NEED OTHER FORMS OF HELP DUE TO FAMILY VIOLENCE, LOSS OF JOB, AND SUBSTANCE ABUSE ETC. BY COLLABORATING WITH OTHER SOCIAL SERVICE AGENCIES. THE CHILD CARE PROGRAM FOCUSES ON HELPING PARENTS LEARN MORE ABOUT HOW TO RAISE HEALTHY, HAPPY CHILDREN WHO CAN GROW INTO RESPONSIBLE CARING YOUNG PEOPLE. 1934678 658671 AQUATICS PROGRAM:Y'S HAVE BEEN TEACHING PEOPLE TO SWIM FOR MORE THAN A CENTURY. MANY PEOPLE'S FIRST MEMORIES WITH SWIMMING HAVE BEEN MADE IN A Y POOL. IN THE Y AQUATICS PROGRAM PEOPLE OF ALL AGES LEARN SKILLS RANGING FROM BASIC SAFETY AND STROKES, ADVANCED TECHNIQUES, TO ARTHRITIS THERAPY. EVERYONE WHO PARTICIPATES IN A Y AQUATIC CLASS WILL DEVELOP LIFELONG SKILLS THAT CAN HELP THEM STAY HEALTHY AND BUILD SELF-ESTEEM.OTHER Y AQUATICS PROGRAMS INCLUDE INFANT-PARENT CLASSES, PRESCHOOL CLASSES, CLASSES FOR PEOPLE WITH DISABILITIES, AND CLASSES FOR TEENS AND ADULTS. THERE IS A CLASS FOR EVERY SKILL LEVEL AND INTEREST. PROVIDING LESSONS FOR PEOPLE OF ALL AGES AND SKILL SETS. PROGRAMS RANGE FROM BABY AND PARENT LESSONS, TO SYNCHRONIZED SWIMMING, TO MASTER COMPETITIVE SWIMMING FOR PEOPLE OVER THE AGE OF 18, AND SEPARATE COMPETITIVE PROGRAMS FOR YOUTH.MANY Y'S OFFER SPECIAL CLASSES TO HELP CHILDREN AND FAMILIES LEARN HOW TO BE SAFER IN AND AROUND WATER. WATER SAFETY COMPONENTS ARE INCLUDED IN EVERY LESSON USING: POOL GAMES, FAMILY EDUCATION, AND PROPER USAGE OF SAFETY EQUIPMENT. 4803176 1711411 SPORTS AND RECREATIONCAMPING PROGRAMFAMILYOLDER ADULTS 4803176 1711411 16557871 1 1 0 0 0 1 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 26 0 1 1481 1 0 0 0 0 0 1 1 0 1 1 0 X 36 36 0 0 1 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MI X X ROBERT L BRANCH 6168559600 475 LAKE MICHIGAN DR NW GRAND RAPIDS MI 49504 BRIAN T HARRIS 1.00 X X 0 0 0 CHARLES E BENNETT 1.00 X X 0 0 0 THOMAS R CURRAN JR 0.50 X X 0 0 0 JOHN B MOSLEY 1.00 X X 0 0 0 NANCY J AYRES 0.60 X 0 0 0 ROSALYNN BLISS 0.70 X 0 0 0 JOAN A BUDDEN 0.30 X 0 0 0 JOHN H BULTEMA III 0.40 X 0 0 0 THOMAS BUSH 0.30 X 0 0 0 JOHN F BUTZER MD 0.80 X 0 0 0 JAMES E DUNLAP 0.30 X 0 0 0 DR STEVEN C ENDER 0.30 X 0 0 0 ALAN R HARTLINE 0.50 X 0 0 0 CYNTHIA A HAVARD 0.30 X 0 0 0 ROBERT L HERR 0.30 X 0 0 0 JOHN S JACKOBOICE 0.30 X 0 0 0 CAROL J KARR 0.40 X 0 0 0 LYNN M KERBER 0.30 X 0 0 0 DIANE C KNIOWSKI 0.40 X 0 0 0 JEFF LAMBERT 0.70 X 0 0 0 BENJAMIN H LOGAN 0.30 X 0 0 0 PATRICK A MILES JR 0.30 X 0 0 0 KAREN D MORRIS 0.30 X 0 0 0 SAMUEL A OJO 0.30 X 0 0 0 ANA L RAMIREZ-SAENZ 0.30 X 0 0 0 MARSHA RAPPLEY 0.30 X 0 0 0 GREGORY A RHODES 0.30 X 0 0 0 MARY ELLEN RODGERS 1.00 X 0 0 0 CARLOS SANCHEZ 0.30 X 0 0 0 WILLIAM SCHOONVELD 0.40 X 0 0 0 NANCY A SKINNER 0.40 X 0 0 0 JACQUELINE D TAYLOR 0.40 X 0 0 0 CAROL VAN ANDEL 0.30 X 0 0 0 PETER VARGA 0.30 X 0 0 0 SEAN P WELSH 0.30 X 0 0 0 MICHAEL G WOOLDRIDGE 0.40 X 0 0 0 RONALD K NELSON 52.00 X 229845 0 18388 ROBERT L BRANCH 50.00 X 112733 0 12641 JAN WIERENGA 50.00 X 149809 0 14680 DEAN HERRIED 50.00 X 111985 0 15293 604372 0 61002 4 0 1 0 ROCKFORD CONSTRUCTION 5540 GLENWOOD HILLS PARKWAY SE GRAND RAPIDS MI 49512 CONSTRUCTION 8195673 PROGRESSIVE AE 1811 4 MILE RD NE GRAND RAPIDS MI 49525 ARCHITECTURE/ENGINEERING 127293 DESIGN PLUS 230 EAST FULTON GRAND RAPIDS MI 49503 ARCHITECTURE 108462 3 343258 124943 1365081 3752517 5585799 MEMBERSHIP DUES & ASSE 713940 10688518 10688518 PROGRAM FEES 713940 2935714 2935714 CHILD CARE 624410 2062867 2062867 USE OF FACILITIES 624410 213243 213243 15900342 117852 117852 1369709 1742 1357418 12291 1742 14033 14033 14900 124943 57983 -43083 -43083 MISCELLANEOUS INCOME 713940 161387 161387 161387 21736330 15900342 0 250189 783989 220940 563049 8804556 7444055 867611 492890 386051 288919 57884 39248 614321 470094 118531 25696 795972 661724 100134 34114 16067 1131 5190 9746 38406 4800 33606 380360 252814 108362 19184 464448 444694 2342 17412 990489 882273 97609 10607 1230909 1224805 2952 3152 207127 162042 40822 4263 172309 81698 71514 19097 180236 180236 178499 143074 28126 7299 1989108 1855824 133284 144530 107741 20827 15962 SUPPLIES 1231169 1070238 74899 86032 REPAIR AND MAINTENANCE 1028944 898835 114470 15639 BAD DEBT EXPENSE 86209 86209 BRANDING 44356 44356 173195 161934 11261 19941250 16557871 2583038 800341 2396191 410326 197900 11606052 4493349 4776034 789643 530314 13972 17271 119992 121178 66220667 13800847 41946099 52419820 3691483 4014315 551570 711365 54200199 74606675 1656866 4999235 619213 638454 18815000 34180000 2985573 2533017 996158 996158 25072810 43346864 X 22157622 22519905 5913582 7605777 1056185 1134129 29127389 31259811 54200199 74606675 X 1795080 337342 X X 0 1 1 X 1 1 X 3558532 3601058 4539703 4582019 4086624 20367936 3558532 3601058 4539703 4582019 4086624 20367936 65413 20302523 422511 284141 -56975 63367 117852 830896 174080 180161 176287 530528 21729360 84231976 0.93430 0.92810 X SCHEDULE A, PART IV, SUPPLEMENTAL INFORMATION: SCHEDULE A, PART II, LINE 10, EXPLANATION FOR OTHER INCOME: 2008 OTHER INCOME $174,080 2009 OTHER INCOME $163,686 2009 SPECIAL EVENTS GROSS REVENUE $16,475 2010 OTHER INCOME $161,387 2010 SPECIAL EVENTS GROSS REVENUE $14,900 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X 1 0.71 0 0 0 1 1 0.00 0 1056185 77944 1134129 979579 76606 1056185 1204773 -225194 979579 1.00000 1 0 5610044 5610044 41070358 8676657 32393701 6507308 4674512 1832796 13032957 449678 12583279 52419820 DEFERRED RENT 996158 996158 21736330 19941250 1795080 337342 337342 2132422 22131655 337342 57983 395325 21736330 0 21736330 19999233 57983 57983 19941250 0 19941250 DESCRIPTION OF HOW ORGANIZATION REPORTS CONSERVATION EASEMENTS: PART II, LINE 9: ACCOUNTING FOR CONSERVATION EASEMENTS A CONSERVATION EASEMENT EXISTS ON 0.71 ACRES OF AN 18.192 PARCEL OF LAND OWNED BY THE YMCA GRANTED BY THE DEPARTMENT OF ENVIRONMENTAL QUALITY (MDEQ). THE EASEMENT WAS RECORDED WITH THE KENT COUNTY REGISTER OF DEEDS ON DECEMBER 10, 2002. THE PURPOSE OF THIS EASEMENT IS TO PROTECT THE WETLAND FUNCTIONS AND VALUES EXISTING (OR ESTABLISHED ON THE PROPERTY FOR MDEQ PERMIT 02-41-003-P) ON THE EASEMENT PREMISES. THE CONSERVATION EASEMENT DOES NOT GRANT OR CONVEY ANY RIGHT OF OWNERSHIP, POSSESSION, OR USE OF THE EASEMENT PREMISES TO THE MDEQ OR ANY MEMBER OF THE GENERAL PUBLIC, AND REPRESENTS AN IMMATERIAL PORTION OF THE LAND PURCHASED; THEREFORE NO SPECIAL ACCOUNTING FOR THIS EASEMENT WAS REQUIRED. DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: INTENDED USES FOR ENDOWMENT FUNDS ENDOWMENT FUNDS ARE USED TO PROVIDE LOW INCOME INDIVIDUALS WITH AN OPPORTUNITY TO HAVE A CAMP EXPERIENCE, TO SUPPORT INNER-CITY PROGRAMMING, AND SUPPORT OTHER PROGRAM NEEDS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE INTERNAL REVENUE SERVICE HAS DETERMINED THE YMCA IS EXEMPT FROM INCOME TAXES UNDER PROVISIONS OF CODE SECTION 501(C)(3) WHEREBY ONLY UNRELATED BUSINESS INCOME, AS DEFINED BY SECTION 509(A)(1) OF THE CODE, IS SUBJECT TO FEDERAL INCOME TAX. THE YMCA CURRENTLY HAS NO UNRELATED BUSINESS ACTIVITY. ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED. IN ADDITION, THE YMCA QUALIFIES FOR CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A) AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(2). TAX POSITIONS TAKEN ARE ASSESSED FOR UNCERTAINTY AND A PROVISION MAY BE RECORDED IF A TAX POSITION IS NOT LIKELY TO BE SUSTAINED UPON EXAMINATION. WITH LIMITED EXCEPTIONS, THE YMCA IS NO LONGER SUBJECT TO AUDITS BY FEDERAL AUTHORITIES FOR YEARS PRIOR TO 2007. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES INCLUDED IN EXPENSES IN AUDITED FINANCIAL STMTS 57,983. PART XIII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES INCLUDED IN EXPENSES IN AUDITED FINANCIAL STMTS 57,983. SERVICE CLUB AUCTION 57854 57854 14514 564 16376 GOLF OUTING 34400 19500 14900 1749 12860 435 2084 3 47589 47589 6610 2791 139843 124943 14900 1749 27374 7609 21251 57983 -43083 X X X X 0 0 0 0 0 0 0 0 0 RONALD K NELSON 229845 0 0 0 0 0 0 0 18388 0 248233 0 0 0 JAN WIERENGA 149809 0 0 0 0 0 0 0 14680 0 164489 0 0 0 MICHIGAN STRATEGIC FUND 521417332 59469C7W7 2004-06-30 15500000 CONSTRUCT AND EQUIP FACILITY 0 0 0 MICHIGAN STRATEGIC FUND 521417332 59469C8S5 2005-03-03 5000000 CONSTRUCT AND EQUIP FACILITY 0 0 0 MICHIGAN STRATEGIC FUND 521417332 594698JN3 2010-08-12 16000000 CONSTRUCT AND EQUIP FACILITY 0 0 0 1845000 15500000 355388 462917 275000 118991 14750621 2006 0 0 1 1 475000 5000000 159786 142083 100000 37962 4702252 2006 0 0 1 1 16000000 323743 307368 53477 15267155 7686842 2011 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 ON MAY 20, 2011 THE BOARD OF DIRECTORS APPROVED A RESTATEMENT OF ITS EXISTING BYLAWS. THE PRINCIPLE PURPOSE OF THE RESTATEMENT WAS TO DOCUMENT AN APPROVED CHANGE IN THE ASSOCIATIONS FISCAL YEAR END FROM MAY 31 TO DECEMBER 31 EFFECTIVE FOLLOWING THE CONCLUSION OF FISCAL YEAR ENDING MAY 31, 2011. FORM 990, PART VI, SECTION B, LINE 11 THE FORM 990 WAS PREPARED BY YMCA STAFF WITH THE ASSISTANCE OF OUR AUDIT FIRM, AND SUBSEQUENTLY REVIEWED IN DETAIL AND REVISED AS RECOMMENDED BY THE YMCA'S FINANCE COMMITTEE. RESULTS OF THIS REVIEW WERE SUBSEQUENTLY REPORTED TO THE YMCA'S EXECUTIVE COMMITTEE AND BOARD OF DIRECTORS BY THE ASSOCIATION'S TREASURER. FORM 990, PART VI, SECTION B, LINE 12C FORM FILLED OUT ANNUALLY. ALL ARE REVIEWED BY THE PRESIDENT/CEO. PRESIDENT/CEO REVIEWS ANY ISSUES WITH THE EXECUTIVE COMMITTEE AND THEY DECIDE WHAT ACTION TO TAKE. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION COMMITTEE: THE PURPOSE OF THE COMPENSATION COMMITTEE (THE 'COMMITTEE') OF THE BOARD OF DIRECTORS (THE 'BOARD') OF THE YMCA SHALL BE TO ACT ON BEHALF OF THE BOARD IN FULFILLING THE BOARD'S RESPONSIBILITIES TO OVERSEE THE PRESIDENT/CEO'S COMPENSATION POLICIES, PLANS AND PROGRAMS, AS WELL AS TO REVIEW THE CURRENT COMPENSATION TO BE PAID TO THE PRESIDENT/CEO. THE TERM 'COMPENSATION' SHALL INCLUDE SALARY, LONG-TERM INCENTIVES, BONUSES, PERQUISITES AND SEVERANCE ARRANGEMENTS. THE POLICY OF THE COMMITTEE SHALL BE AS FOLLOWS: COMPENSATION STRUCTURE: THE COMMITTEE SHALL SEEK TO MAINTAIN AN OVERALL COMPENSATION STRUCTURE DESIGNED TO ATTRACT, RETAIN AND MOTIVATE BY PROVIDING APPROPRIATE LEVELS OF RISK AND REWARD, ASSESSED ON A RELATIVE BASIS AT ALL LEVELS WITHIN THE ASSOCIATION AND IN PROPORTION TO INDIVIDUAL CONTRIBUTION AND PERFORMANCE. LONG TERM FOCUS: THE COMMITTEE SHALL SEEK TO ESTABLISH APPROPRIATE INCENTIVES FOR THE PRESIDENT/CEO TO FURTHER THE ASSOCIATION'S LONG-TERM STRATEGIC PLAN AND AVOID UNDUE EMPHASIS ON SHORT-TERM STRATEGIES. IN DETERMINING THE LONG-TERM INCENTIVE COMPONENT THE COMMITTEE WILL SEEK TO ACHIEVE AN APPROPRIATE LEVEL OF RISK AND REWARD, TAKING INTO CONSIDERATION THE ASSOCIATION'S PERFORMANCE, THE POTENTIAL BENEFITS AND THE COSTS TO THE ASSOCIATION. THE MEMBERS OF THE COMMITTEE AND THE COMMITTEE CHAIRPERSON SHALL BE APPOINTED BY AND SERVE AT THE DISCRETION OF THE BOARD, PROVIDED THAT PERSONS WITH CONFLICTS OF INTEREST WITH RESPECT TO THE COMPENSATION ARRANGEMENT AT ISSUE ARE NOT INVOLVED IN THIS REVIEW AND APPROVAL. THE COMPENSATION COMMITTEE SHALL CONSIST OF THE CURRENT BOARD CHAIR, PAST BOARD CHAIR, AND THE FUTURE BOARD CHAIR. THE COMMITTEE'S CHAIRPERSON SHALL HAVE FULL ACCESS TO ALL RECORDS AND PERSONNEL OF THE ASSOCIATION AS DEEMED NECESSARY. THE COMMITTEE SHALL HAVE THE AUTHORITY TO OBTAIN ADVICE AND ASSISTANCE FROM LEGAL, ACCOUNTING OR OTHER ADVISORS AND CONSULTANTS. OVERALL COMPENSATION STRATEGY: THE COMMITTEE SHALL BE RESPONSIBLE FOR REVIEWING, MODIFYING AND MAKING RECOMMENDATIONS TO THE FULL BOARD REGARDING THE OVERALL COMPENSATION STRATEGY AND POLICIES FOR THE PRESIDENT/CEO, INCLUDING: REVIEWING AND SUGGESTING PERFORMANCE GOALS AND OBJECTIVES, WHICH SUPPORT AND REINFORCE THE ASSOCIATION'S LONG-TERM STRATEGIC GOALS, RELEVANT TO THE COMPENSATION OF THE ASSOCIATION'S PRESIDENT/CEO; EVALUATING AND RECOMMENDING TO THE BOARD THE COMPENSATION PLANS AND PROGRAMS ADVISABLE FOR THE PRESIDENT/CEO AS WELL AS THE MODIFICATION OR TERMINATION OF EXISTING PLANS AND PROGRAMS; REVIEWING REGIONAL AND INDUSTRY-WIDE DATA FOR COMPENSATION PRACTICES AND TRENDS TO ASSESS COMPARABILITY TO SIMILARLY QUALIFIED PERSONS IN FUNCTIONALITY, PROPRIETY, ADEQUACY AND COMPETITIVENESS OF THE ASSOCIATION'S EXECUTIVE COMPENSATION PROGRAMS AMONG COMPARABLE COMPANIES IN THE ASSOCIATION'S INDUSTRY. HOWEVER, THE COMMITTEE SHALL EXERCISE INDEPENDENT JUDGMENT IN RECOMMENDING THE APPROPRIATE LEVELS AND TYPES OF COMPENSATION TO BE PAID; REVIEWING AND RECOMMENDING TO THE BOARD THE TERMS OF ANY EMPLOYMENT AGREEMENTS, SEPARATION ARRANGEMENTS, CHANGE-OF-CONTROL PROTECTIONS OR ANY OTHER COMPENSATORY ARRANGEMENTS FOR THE PRESIDENT/CEO; MAINTAINING CONTEMPORANEOUS DOCUMENTATION AND RECORDKEEPING WITH RESPECT TO THE DELIBERATIONS AND DECISIONS REGARDING THE COMPENSATION ARRANGEMENT. COMPENSATION OF THE PRESIDENT/CHIEF EXECUTIVE OFFICER: THE COMMITTEE SHALL RECOMMEND TO THE BOARD, FOR DETERMINATION AND APPROVAL, THE COMPENSATION AND OTHER TERMS OF EMPLOYMENT FOR THE PRESIDENT/CEO. THE COMMITTEE SHALL ALSO EVALUATE THE PERFORMANCE IN LIGHT OF RELEVANT PERFORMANCE GOALS AND OBJECTIVES, TAKING INTO ACCOUNT, AMONG OTHER THINGS, THE POLICY OF THE COMMITTEE AND THE PRESIDENT/CEO'S PERFORMANCE IN: FOSTERING A CULTURE THAT PROMOTES THE HIGHEST LEVELS OF INTEGRITY AND THE HIGHEST ETHICAL STANDARDS; DEVELOPING AND EXECUTING THE ASSOCIATION'S LONG-TERM STRATEGIC PLAN AND CONDUCTING THE BUSINESS OF THE ASSOCIATION IN A MANNER APPROPRIATE TO ENHANCE LONG-TERM ASSOCIATION VALUE; ACHIEVING ANY OTHER PERFORMANCE GOALS AND OBJECTIVES DEEMED RELEVANT TO THE PRESIDENT/CEO AS ESTABLISHED BY THE COMMITTEE; AND ACHIEVING THE PRESIDENT/CEO'S INDIVIDUAL PERFORMANCE GOALS AND OBJECTIVES. COMPENSATION OF OTHER EXECUTIVE EMPLOYEES: THE COMMITTEE SHALL REVIEW REGIONAL AND INDUSTRY-WIDE COMPENSATION PRACTICES AND TRENDS TO ASSESS THE PROPRIETY, ADEQUACY AND COMPETITIVENESS OF THE ASSOCIATION'S EXECUTIVE'S COMPENSATION PROGRAMS AMONG COMPARABLE COMPANIES IN THE ASSOCIATION'S INDUSTRY. ADMINISTRATION OF COMPENSATION PLANS: THE COMMITTEE SHALL RECOMMEND TO THE BOARD THE ADOPTION, AMENDMENT AND TERMINATION OF THE ASSOCIATION'S INCENTIVE PLANS, BONUS PLANS, DEFERRED COMPENSATION PLANS AND SIMILAR PROGRAMS. THE COMMITTEE SHALL HAVE FULL POWER AND AUTHORITY TO ADMINISTER THESE PLANS, ESTABLISH GUIDELINES, INTERPRET PLAN DOCUMENTS, SELECT PARTICIPANTS, APPROVE GRANTS AND AWARDS, AND EXERCISE SUCH OTHER POWER AND AUTHORITY AS REQUIRED UNDER SUCH PLANS. FORM 990, PART VI, SECTION C, LINE 19 THE BY-LAWS AND CONFLICT OF INTEREST POLICY ARE SENT TO THE BETTER BUSINESS BUREAU EVERY YEAR. ALL GOVERNING DOCUMENTS AND CONFLICTS OF INTEREST POLICIES ARE AVAILABLE UPON REQUEST. FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 337,342. FINANCIAL REVIEW PROCESS FORM 990, PART XII, LINE 2C THERE HAS BEEN NO CHANGE IN THE PROCESSES PERFORMED BY THOSE WHO HAVE OVERSIGHT OF THE AUDIT FROM THE PRIOR YEAR. DOING BUSINESS AS (CONTINUED) FORM 990, PAGE 1, PART C GREATER GRAND RAPIDS YMCA, GRAND RAPIDS YMCA, YMCA OF GRAND RAPIDS BRIEFLY DESCRIBE THE ORGANIZATION'S MISSION FORM 990, PART III, LINE 1 TO PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD HEALTHY SPIRIT, MIND, AND BODY FOR ALL. OUR FOCUS IS ON YOUTH DEVELOPMENT, HEALTHY LIVING, AND SOCIAL RESPONSIBILITY. THE VISION OF THE Y IS TO STRENGTHEN COMMUNITIES THROUGH HEALTHY LIVING, SOCIAL RESPONSIBILITY, AND COMMUNITY DEVELOPMENT. THE Y IS A STRONG, VIBRANT, PART OF THE COMMUNITY. DESPITE TURBULENT TIMES, OUR MEMBERSHIP NUMBERS ARE SOLID, OUR ANNUAL STRONG KIDS CAMPAIGN SET A NEW RECORD RAISING OVER $1.3 MILLION, AND OUR PROGRAMS ARE FULL OF KIDS, FAMILIES, AND ADULTS. THESE RESULTS SHOW THAT THE COMMUNITY BELIEVES IN OUR MISSION AND THE IMPACT THE Y IS HAVING ON NURTURING THE POTENTIAL IN OUR CHILDREN, PROMOTING HEALTHY LIVING, AND ADVOCATING SOCIAL RESPONSIBILITY. OUR COMMUNITY OUTREACH PROGRAMS, INCLUDING HEALTHY U AND NUTRITION IN ACTION, CONTINUE TO PROVIDE A VALUABLE RESOURCE TO THE COMMUNITY. OUR AFTERSCHOOL LOOP PROGRAM WITH GRAND RAPIDS PUBLIC SCHOOLS DOUBLED AND OUR ARTS PROGRAMS EXTENDED NEW OPPORTUNITIES FOR PEOPLE TO CONNECT WITH THE Y. OUR CORE PROGRAMS IN AQUATICS, HEALTH AND WELLNESS, CAMP, CHILD CARE, AND SPORTS CONTINUE TO THRIVE. WE HAVE CONTINUED OUR COMMITMENT TO UTILIZING THE SEARCH INSTITUTE ASSET MODEL TO HELP US MEASURE OUR PROGRAM OUTCOMES TO DETERMINE THE IMPACT WE ARE HAVING ON THE LIVES OF PEOPLE. OUR Y IS ABOUT MORE THAN STATISTICS - IT IS ABOUT PEOPLE. OUR VOLUNTEERS, STAFF, MEMBERS, AND PROGRAM PARTICIPANTS ALL COMBINE TO MAKE OUR Y A STRONG, VIABLE, COMMUNITY BASED ORGANIZATION. WITH THE SUPPORT OF OUR COMMUNITY WE HAVE GROWN TO BE AS SUCCESSFUL AS WE ARE. PHILANTHROPIC GIVING TO THE Y HELPED INCREASE OUR CAPACITY TO MAKE A DIFFERENCE IN THE LIVES OF CHILDREN, FAMILIES, AND THE COMMUNITIES WE SERVE. WITH STRONG PHILANTHROPIC SUPPORT APPROXIMATELY: $6,000,000 IN FINANCIAL ASSISTANCE WAS PROVIDED FOR MEMBERSHIP, PROGRAMS, AND CHILDCARE THROUGH UNITED WAY, OUR ANNUAL STRONG KIDS FUNDRAISING CAMPAIGN, DEPARTMENT OF HUMAN SERVICES FUNDS, GRANTS, AND DONATIONS. 1,500 INDIVIDUALS WERE INVOLVED IN CHILDCARE AND AFTER-SCHOOL PROGRAMS. CHILD CARE IS ESSENTIAL FOR MANY FAMILIES. THE Y PROVIDES A SAFE, NURTURING, AND FUN ENVIRONMENT FOR KIDS. PARENTS FEEL COMFORTABLE KNOWING THAT THEY CAN GO TO WORK AND LEAVE THEIR CHILD IN AN ACCREDITED PROGRAM AND THAT THEIR CHILDREN ARE MENTALLY STIMULATED WITH A CURRICULUM THAT ENSURES THAT EACH CHILD DEVELOPS AT THEIR OWN PACE. CAMP MANITOU-LIN HAD 13,000 INDIVIDUALS PARTICIPATE OVER THE PAST YEAR. OUR GOAL IS TO PROMOTE TEAMWORK, SPORTSMANSHIP, AND FUN FOR EVERYONE INVOLVED IN OUR SUMMER PROGRAMS. CAMP MANITOU-LIN'S THERAPEUTIC RIDING PROGRAM STRENGTHENS OUR COMMUNITY WITH PROGRAMS FOR INDIVIDUALS WITH SPECIAL NEEDS. CHILDREN FIND THEMSELVES GOING ON EXCURSIONS, MAKING NEW FRIENDS, AND EXPERIENCING THINGS THEY NEVER WOULD HAVE BEEN ABLE TO, WHEN GOING TO OUR CAMP. CHILDREN ARE KEPT BUSY LEARNING ABOUT NATURE, CANOEING, AND USING THE ROCK CLIMBING WALL. IT IS A FUN AND MEMORABLE TIME FOR ALL PEOPLE INVOLVED. 1,400 INNER CITY CHILDREN WERE ABLE TO PARTICIPATE IN THE Y'S MID-CITY ADVENTURE CLUB - A COMMUNITY COLLABORATION WITH MULTIPLE DONORS. MID-CITY OFFERS A DAY CAMP EXPERIENCE FOR URBAN CHILDREN WITH AN EMPHASIS ON MENTORING, HEALTHY U, AND FIELD TRIPS. THIS PROGRAM GIVES CHILDREN AN OPPORTUNITY TO EXPERIENCE ACTIVITIES THEY MAY NEVER HAVE HAD THE CHANCE TO EXPERIENCE BEFORE. 1,600 INNER CITY CHILDREN PARTICIPATED IN THE INNER CITY YOUTH BASEBALL/SOFTBALL PROGRAM THAT IS IN PARTNERSHIP WITH THE WEST MICHIGAN WHITECAPS AND FIFTH THIRD BANK. THIS COLLABORATION ENSURES THAT EVERY CHILD IN THE INNER CITY HAS THE OPPORTUNITY TO PLAY BASEBALL IN HIS OR HER OWN NEIGHBORHOOD. THE WORK OF THE Y GOES BEYOND ITS FACILITIES AND INTO EVERY CORNER OF OUR COMMUNITY TO PROMOTE HEALTHY LIVING. ONE OF OUR MOST EXTENSIVE INITIATIVES IS ACTIVATE WEST MICHIGAN; A COMMUNITY-WIDE PROGRAM DEVELOPING LOCAL SOLUTIONS TO RISING RATE OF OBESITY AND CHRONIC DISEASE. THIS INNOVATIVE RESPONSE IS CHANGING THE WAY WE LIVE, THINK, AND ACT. A COMMUNITY WIDE BMI STUDY POSITIONED THE Y AS A LEADER IN THE COUNTRY WHEN IT COMES TO IDENTIFYING THE NEEDS OF THE COMMUNITY, THEN ACTING TO PROVIDE COLLABORATIVE SOLUTIONS. IN THIS SPIRIT, THE Y COLLABORATES WITH OVER 70 PARTNER AGENCIES AND ORGANIZATIONS TO HELP MAKE THIS POSSIBLE. THE HEALTHY U PROGRAM-A KEY COMPONENT OF ACTIVATE WEST MICHIGAN-SERVES 50,000 YOUTH WITH INTERACTIVE HEALTH AND WELLNESS EDUCATION; ADDRESSING THE GROWING NEEDS OF CHILDREN, YOUTH, TEENS, AND FAMILIES IN OUR COMMUNITIES. THIS PROGRAM HELPS INSTILL HEALTHY EATING HABITS AND LIFESTYLES IN OUR COMMUNITY'S CHILDREN THAT THEY CAN CARRY ON WITH THEM FOR THE REST OF THEIR LIVES. WITH HEALTHY U AS A FOUNDATION, THE Y HAS ALSO DEVELOPED NUTRITION IN ACTION, KIDS IN ACTION, SISTERS IN ACTION, LATINAS IN ACTION, AND CAMP HEALTHY U ALSO ADDRESSES CHALLENGES IN ACCESS TO HEALTHY FOODS BY BUILDING COMMUNITY GARDENS AND BRINGING FARMERS' MARKETS TO THE INNER CITY. THIS YEAR THE Y HAS STARTED ITS FIRST WEEKLY FARMERS' MARKET. NOT ONLY DOES THE Y'S FARMERS' MARKET ACCEPT DEBIT CARDS AND CASH, BUT IT ALSO ACCEPTS BRIDGE CARDS. THE Y'S FARMERS MARKET IS A PART OF THE DOUBLE-UP FOOD BUCKS, WITH THE INITIATIVE TO PROMOTE THE AVAILABILITY OF HEALTHY LOCAL FOOD TO LOW INCOME FAMILIES, BUT ALSO SHOW THAT EATING HEALTHY DOES NOT MEAN SPENDING A LOT OF MONEY. EVERYONE SHOULD HAVE ACCESS TO HEALTHY FOOD. OUR FARMER'S MARKET PROVIDES THESE 'GOOD FOR YOU' FOODS TO OUR COMMUNITY, AND AT THE SAME TIME HELPS STIMULATE AND SUPPORT OUR LOCAL ECONOMY. RESEARCH FROM THE SEARCH INSTITUTE TELLS US THAT ALL KIDS ARE AT RISK. IT DOESN'T MATTER IF THEY LIVE IN THE SUBURBS OR THE INNER CITY; ALL KIDS FACE CHALLENGES AND CHOICES. THE Y GIVES KIDS THE TOOLS AND EXPERIENCES NECESSARY FOR THEM TO INCREASE THEIR DEVELOPMENTAL ASSETS SUCH AS COMMON SENSE, POSITIVE EXPERIENCES, AND QUALITIES THAT HELP INFLUENCE CHOICES PEOPLE MAKE. WITH THE NURTURING SUPPORT FROM THE Y COMMUNITY OUR CHILDREN ARE ABLE TO DEVELOP INTO CARING, RESPONSIBLE ADULTS. Y PROGRAMS BUILD STRONG KIDS BY BUILDING ASSETS. ACCORDING TO THE SEARCH INSTITUTE SURVEY OF OUR Y PARTICIPANTS, 91% OF YOUTH & TEENS INVOLVED IN Y PROGRAMS STAND UP FOR WHAT THEY BELIEVE IN, EVEN WHEN IT IS UNPOPULAR TO DO SO, A CHARACTERISTIC ADMIRED BY MANY. 88% OF TEENS IN Y PROGRAMS HAVE CHOSEN NOT TO SMOKE CIGARETTES. 92% OF YOUTH AND TEENS INVOLVED IN Y PROGRAMS HAVE CHOSEN TO STAY AWAY FROM DRUGS. 95% OF YOUTH AND TEENS FEEL THAT Y STAFF CARE ABOUT THEM AND SERVE AS ROLE MODELS. STRONG FAMILIES ARE THE CORNERSTONE OF THE Y. WITH FAMILY MEMBERSHIPS, FAMILY NIGHTS, AND FAMILY FRIENDLY PROGRAMMING, THE Y OFTEN SERVES AS A REFUGE FOR FAMILIES SEEKING TO ESCAPE THE HUSTLE AND BUSTLE OF TODAY'S BUSY WORLD. QUALITY, VALUES-BASED PROGRAMS GIVE FAMILIES A PLACE TO RECONNECT AND ENJOY TIME TOGETHER. AS FAMILIES SEARCH FOR BALANCE, MANY FIND IT AT THE Y. THE Y BECOMES A LARGER EXTENDED FAMILY FOR MANY OF OUR MEMBERS. THEY FIND SUPPORT IN ALL ASPECTS OF THEIR LIVES, A SAFE HAVEN IN TIMES THEY NEED A PLACE TO GO, AND GOOD TIMES THAT CREATE MEMORIES AND FRIENDSHIPS THAT MAY LAST THEM FOR YEARS. STRONG COMMUNITIES ARE BEING BUILT BOTH GLOBALLY AND LOCALLY THROUGH A PARTNERSHIP WITH THE Y OF LEON MEXICO, AS WELL AS JC PENNY RIGHT HERE IN WEST MICHIGAN. WHETHER IT'S A COMMUNITY OUTREACH PROJECT LIKE FARMERS' MARKETS OR THE AFTER-SCHOOL PROGRAMS IN PARTNERSHIPS WITH LOCAL SCHOOLS, THE Y IS COMMITTED TO BRINGING COMMUNITIES TOGETHER. COMPENSATION PROCESS FOR OFFICERS FORM 990, PART VI, LINE 15B SAME REVIEW AND APPROVAL PROCESS AS FOR CEO, EXECUTIVE DIRECTOR AND TOP MANAGEMENT.