2011-09-29T15:34:13-05:00 2010-12-31 MAILLIE FALCONIERO & COMPANY LLP PO BOX 680 OAKS PA 194560680 990 2010-01-01 231365994 YMCA OF THE BRANDYWINE VALLEY YMCA 6106439622 ONE EAST CHESTNUT STREET WEST CHESTER PA 19380 DENISE L DAY 6106439622 2011-09-27 1 D SCOTT DETAR CPA 6109351420 2010 2016-03-07 17:11:31Z DENISE L DAY ONE EAST CHESTNUT STREET WEST CHESTER PA 19380 29609788 0 X WWW.YMCABWV.ORG X 1892 PA FOUNDED AND LED BY VOLUNTEERS, THE REGIONAL BRANCHES OF THE YMCA OF THE BRANDYWINE VALLEY HAVE BEEN AT THE HEART OF THE COMMUNITY FOR MORE THAN 100 YEARS. THE YMCA IS VIEWED AS A KEY COMMUNITY ORGANIZATION SERVING CHILDREN, YOUTH, ADULTS, AND FAMILIES OF ALL AGES, RACES, AND ECONOMIC LEVELS. OUR PURPOSE IS TO ENRICH THE LIVES OF PEOPLE WHO LIVE AND WORK IN OUR AREA. WE STRIVE TOWARD THAT GOAL EVERYDAY BY PROVIDING VITAL PROGRAMS AND SERVICES THAT HELP INDIVIDUALS AND FAMILIES GROW STRONG IN SPIRIT, MIND, AND BODY. THE YMCA ACHIEVES ITS PURPOSE BY:- HELPING PEOPLE GROW PERSONALLY, BUILDING SELF-ESTEEM, AND SELF RELIANCE- ENCOURAGING ADULTS AND CHILDREN TO DEVELOP VALUES FOR DAILY LIVING AND DEVELOP MORAL AND ETHICAL BEHAVIOR BASED ON JUDEO-CHRISTIAN PRINCIPLES.- IMPROVING PERSONAL AND FAMILY RELATIONS AND ASSISTING PEOPLE TO COMMUNICATE AND COOPERATE WITH OTHERS. 26 26 2144 2023 0 0 1504884 1408726 26072381 27429285 66909 52803 649676 539125 28293850 29429939 1569200 2031580 0 0 16128997 16671953 0 0 297515 9549261 10274691 27247458 28978224 1046392 451715 49509756 48744422 33174368 32710569 16335388 16033853 X SEE PAGE 1, PART 1, NUMBER 1 AND SCHEDULE O FOR ORGANIZATION'S MISSION STATEMENT. 0 0 6192512 403706 6319382 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. 6452074 1427648 16554008 YMCA MEMBERSHIP - THE YMCA IS A MEMBERSHIP ORGANIZATION THAT INVITES ALL PEOPLE TO JOIN AND BUILD A HEALTHY SPIRIT, MIND, AND BODY. IN 2010, 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. 4357426 0 908409 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. YMCA'S 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. YMCA'S 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. 7175549 200226 4064794 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 2010, 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 2010. 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. 7175549 200226 4064794 24177561 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 20 0 1 2144 1 0 0 0 0 0 1 1 0 0 0 0 X 26 26 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 PA X X YMCA OF THE BRANDYWINE VALLEY 6106439622 ONE EAST CHESTNUT STREET WEST CHESTER PA 19380 LYNNE BROOKES 1.00 X 0 0 0 AMANDA C CABOT 1.00 X 0 0 0 DOUG COFIELL 1.00 X 0 0 0 DONNA M COUGHEY 3.00 X 0 0 0 MARY CURLEY 1.00 X 0 0 0 TERENCE FARRELL 1.00 X 0 0 0 JOHN A FEATHERMAN III 3.00 X X 0 0 0 LEWIS R FRAME 1.00 X 0 0 0 KENNETH GODDU 1.00 X 0 0 0 JOE GODEK 1.00 X 0 0 0 JAMES M HERR 1.00 X 0 0 0 JAMES T HORN 1.00 X 0 0 0 CHRISTOPHER HOWE 1.00 X 0 0 0 BLAKE KRAPF 1.00 X 0 0 0 HARRY LEWIS 1.00 X 0 0 0 PATRICIA MAISANO 1.00 X 0 0 0 DAN MCDERMOTT 1.00 X 0 0 0 DR IVORY V NELSON 1.00 X 0 0 0 LEO D PARSONS 5.00 X X 0 0 0 MICHAEL PIA 3.00 X X 0 0 0 ROBERT E RIGG 1.00 X 0 0 0 NADINE C ROBINSON 1.00 X 0 0 0 J STARK THOMPSON 1.00 X 0 0 0 JEFF VALOCCHI 1.00 X 0 0 0 JOSEPH J VISCUSO 1.00 X 0 0 0 MICHAEL R WALKER 3.00 X X 0 0 0 DENISE L DAY 50.00 X X 188687 0 35330 BABETTE RACCA 50.00 X 114321 0 23976 ANDREA YOUNDT 50.00 X 103365 0 17734 BRUCE GRIFFIN 50.00 X 122835 0 29635 GARY R GREEN 50.00 X 107000 0 15026 ANTHONY V MILANO 50.00 X 101153 0 25925 737361 0 147626 6 1 1 0 PRECISION PRINT COMMUNICATIONS PO BOX 564 MEDIA PA 19063 PRINTER 480484 PANCOAST & CLIFFORD 205 CARTER DRIVE WEST CHESTER PA 19382 CONSTRUCTION 407157 ANDREWS EXCAVATING PO BOX 249 WILLOW STREET PA 17584 CONSTRUCTION 306467 STANTEC CONSULTING SERVICES 1060 ANDREW AVE SUITE 140 WEST CHESTER PA 19380 ENGINEERING 175429 DIROCCO BROTHERS 509 MAPLE AVE WEST CHESTER PA 19380 CONSTRUCTION 161283 5 159294 1249432 1408726 MEMBERSHIP 900099 16554008 16554008 PROGRAM SERVICE REVENU 713940 10875277 10875277 27429285 52415 52415 388 388 388 388 232441 110624 121817 121817 108546 69225 39321 39321 OTHER MISCELLANEOUS RE 900099 377987 377987 377987 29429939 27846593 0 174620 2031580 2031580 635883 635883 13211020 12008744 1055457 146819 781034 646697 123216 11121 1057311 875455 166801 15055 986705 816993 155662 14050 16829 7122 9707 9407 3981 5426 28000 11850 16150 362371 153357 209014 517627 307933 109261 100433 648837 590371 56885 1581 1665388 1483719 181669 78741 78741 1400153 1400153 276822 276822 2167999 2093478 74521 231418 218869 12549 REPAIRS AND MAINTENANCE 1136759 1044836 91923 0 PROGRAM COSTS 789230 789230 0 0 COMMUNITY RELATIONS 105422 64320 39771 1331 839688 752204 80359 7125 28978224 24177561 4503148 297515 11878 9593 3850629 3409879 424215 254495 66544 20376 384042 427876 63032609 20224564 43095368 42808045 1125393 1283123 482248 461757 69439 69278 49509756 48744422 1885199 1625698 1672528 1664299 26685456 25596910 2931185 3823662 33174368 32710569 X 15514450 15163905 136715 132196 684223 737752 16335388 16033853 49509756 48744422 X 451715 -753250 X X 0 1 1 X 0 X 13323030 13658821 14806356 17434192 18195235 77417634 13323030 13658821 14806356 17434192 18195235 77417634 77417634 90136 660899 570926 88472 52415 1462848 217982 196038 241031 457900 377987 1490938 80371420 50010837 0.96320 0.96160 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 404908 400 31651 436959 343401 10150 62352 10995 404908 480157 10000 -146756 343401 1.00000 0 0 3908190 3908190 52755068 15054981 37700087 5759326 5169583 589743 610025 610025 42808045 SWAP LIABILITY 3693014 OTHER LIABILITIES 130648 3823662 29429939 28978224 451715 107225 -860475 -753250 -301535 29717013 107225 179849 287074 29429939 0 29429939 29158073 179849 179849 28978224 0 28978224 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 2007, 2008 AND 2009 IS SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THE TAX RETURN WAS FILED. PART XI, LINE 8 DECREASE IN SWAP VALUATION OF $860,475 PART XII, LINE 2D & PART XIII, LINE 2D SPECIAL EVENT DIRECT EXPENSES OF $110,624 AND COST OF MERCHANDISE SOLD $69,225. GOLF OUTING 232441 232441 51619 59005 232441 232441 51619 59005 110624 121817 0 FINANCIAL ASSISTANCE 20027 2031580 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 170685 0 18002 0 0 0 22933 0 12397 0 224017 0 0 0 BRUCE GRIFFIN 114835 0 8000 0 0 0 15266 0 14369 0 152470 0 0 0 GARY R GREEN 77000 0 30000 0 0 0 12843 0 2183 0 122026 0 0 0 ANTHONY V MILANO 101153 0 0 0 0 0 12546 0 13379 0 127078 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. JOSEPH VISCUSO STANTEC BOARD MEMBER 175429 ENGINEERING SERVICES 0 KENNETH GODDU FULTON BANK BOARD MEMBER 264 DEBT COSTS 0 STACEY FULLER GAWTHROP GREENWOOD BOARD MEMBER 32992 LEGAL SERVICES 0 BLAKE KRAPF KRAPF BUS COMPANIES BOARD MEMBER 63613 TRANSPORTATION SERVICES 0 ART BERNARDON BERNARDON HABER HO BOARD MEMBER 19337 ARCHITECTURAL SERVICES 0 ROBERT HALL FRANCIS HALL INSURANCE BOARD MEMBER 26163 INSURANCE SERVICES 0 JIM HORN TRI M BOARD MEMBER 33740 ELECTRICAL CONTRACTING 0 JOHN FEATHERMAN 1N BOARD MEMBER 10460 BANKING 0 DONNA COUGHEY 1ST NIAGARA BOARD MEMBER 12 BANKING 0 X 1 MARKET VALUE 0 0 0 NON REPORTING OF REVENUE: PART I, LINE 33: THE ORGANIZATION RECEIVED 465 SHARES OF ALLERGAN, INC. COMMON STOCK VALUED AT $33,568. THE NONCASH CONTRIBUTION WAS THE SECOND OF A THREE YEAR COMMITMENT. ONE HUNDRED PERCENT OF THE THREE YEAR COMMITMENT WAS RECORDED AS A RECEIVABLE AND REVENUE IN 2009. THEREFORE, THE RECEIPT OF THE SECURITIES FOR 2010 WAS A REDUCTION TO THE OUTSTANDING RECEIVABLE AND NOT REVENUE FOR 2010. 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 GAINS ON INVESTMENTS: 107,225. CHANGE IN SWAP VALUATION -860,475. TOTAL TO FORM 990, PART XI, LINE 5: -753,250. PART XI, LINE 2C THE ORGANIZATION DID NOT CHANGE ITS POLICIES FROM PRIOR YEARS RELATED TO OVERSIGHT OF THE AUDIT OF FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT AUDITOR. 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.