YOUNG MENS CHRISTIAN ASSOCIATION OF NAUGATUCK INC

EIN: 060646770 501(c)(3)

NAUGATUCK, CT

Total Revenue
$3,735,026
Total Expenses
$3,357,573
Total Assets
$3,603,451
Net Assets
$3,388,278
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Financial Trends

Organization Details

Formation Year
1942
Legal Domicile
CT
Principal Officer
Mark David Lafortune
Phone
2037299622
Tax Period
2023-01-01 to 2023-12-31

YOUNG MENS CHRISTIAN ASSOCIATION OF NAUGATUCK INC, founded in 1942, is a community nonprofit that reported $3.7M in total revenue in fiscal year 2023. Revenue surged 27% from the prior year, signaling strong growth momentum. Expenses of $3.4M left a modest 10% surplus.

Mission

The Naugatuck YMCA is a character-building membership organization that serves the community by providing services and programs that build spirit, mind, body and focus on youth development, healthy living and social responsibility.

Program Service Accomplishments

Program 1
Expenses: $2,216,531 Revenue: $1,410,787

OUR Y FOCUSES ON YOUTH DEVELOPMENT THROUGH A PLETHORA OF PROGRAMS DESIGNED TO TEACH HEALTHY LIVING AND ENRICH THE LIVES OF YOUTH BY OFFERING AN OPPORTUNITY FOR SPIRITUAL AND EMOTIONAL GROWTH AND...

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OUR Y FOCUSES ON YOUTH DEVELOPMENT THROUGH A PLETHORA OF PROGRAMS DESIGNED TO TEACH HEALTHY LIVING AND ENRICH THE LIVES OF YOUTH BY OFFERING AN OPPORTUNITY FOR SPIRITUAL AND EMOTIONAL GROWTH AND PROVIDE A SAFE NURTURING ENVIRONMENT WHERE THEY CAN BECOME GOOD CITIZENS WHILE MAKING LIFELONG FRIENDSHIPS. WE BELIEVE THAT ALL KIDS DESERVE THE OPPORTUNITY TO DISCOVER WHO THEY ARE AND WHAT THEY CAN ACHIEVE. THAT'S WHY, THROUGH THE Y, HUNDREDS OF YOUTH TODAY ARE CULTIVATING THE VALUES, SKILLS AND RELATIONSHIPS THAT LEAD TO POSITIVE BEHAVIORS, BETTER HEALTH AND EDUCATIONAL ACHIEVEMENT.

Program 2
Expenses: $779,249 Revenue: $542,761

MEMBER SERVICES AT THE NAUGATUCK YMCA INCLUDES Full facility ACCESS AND USE OF THE WELLNESS CENTERS, GYMNASIUM, RACQUETBALL COURT, 6 Lane 25 Yard SWIMMING POOL, GROUP Exercise STUDIO, SPIN STUDIO...

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MEMBER SERVICES AT THE NAUGATUCK YMCA INCLUDES Full facility ACCESS AND USE OF THE WELLNESS CENTERS, GYMNASIUM, RACQUETBALL COURT, 6 Lane 25 Yard SWIMMING POOL, GROUP Exercise STUDIO, SPIN STUDIO, YOGA STUDIO, AND FULLY-EQUIPPED LOCKER ROOMS.THE YMCA OFFERS A WELCOMING ATMOSPHERE WHERE HEALTH SEEKERS CAN FEEL COMFORTABLE AND RECEIVE THE ENCOURAGEMENT AND SUPPORT THEY NEED TO CONTINUE HEALTHY LIVING THROUGH THE GUIDANCE OF TRAINED PROFESSIONALS. THE YMCA PROGRAMS ARE DESIGNED TO SERVE PEOPLE OF ALL AGES, ABILITIES, INCOMES, and walks of lifeTHE NAUGATUCK YMCA IS COMMITTED TO USING ITS RESOURCES IN COOPERATION WITH THE GREATER COMMUNITY AND ITS ASSOCIATED AGENCIES INCLUDING THE BOROUGH OF NAUGATUCK, WELLMORE, BOARD OF EDUCATION, YOUTH SERVICES, WESTERN CONNECTICUT AREA AGENCY ON AGING AND CONNECTICUT COMMUNITY FOUNDATION, United Way of Naugatuck, and Partnership for Youth and Families. AMONG OTHERS. ADDITIONAL COMMUNITY SERVICE PROGRAMS PROVIDED BY THE NAUGATUCK YMCA INCLUDE AQUATIC TESTING, CPR AND FIRST AID TRAINING COURSES, LIFE-SAVING CLASSES AND CERTIFICATIONS, ENHANCED FITNESS FOR OUR ACTIVE OLDER ADULT COMMUNITY, LIVESTRONG AT THE YMCA, PRESCHOOL DEVELOPMENT GRANT, LEADERSHIP DEVELOPMENT, FACILITIES FOR CHURCH SERVICES AND SEVERAL SUPPORT GROUPS.BY PROVIDING ACCESSIBILITY TO THE COMMUNITY THROUGH PROGRAMS SUCH AS OUR FINANCIAL ASSISTANCE PROGRAM, WE WERE ABLE TO OFFER ASSISTANCE TO THOSE IN NEED ON THE MOST FUNDAMENTAL OF LEVELS, AFFORDABILITY. IN 2019, MORE THAN 350 FAMILIES AND INDIVIDUALS PARTICIPATED IN THE FINANCIAL ASSISTANCE PROGRAM, RECEIVING SUBSIDIES AND ASSISTANCE THAT ENSURED THAT NO ONE IS UNABLE TO PARTICIPATE DUE TO THE INABILITY TO PAY FOR SERVICES.

Program 3
Expenses: $231,326 Revenue: $116,300

THE NAUGATUCK YMCA OPERATES A 30 ROOM SINGLE OCCUPANCY, SHORT TERM RESIDENCY, SITUATED IN OUR HISTORIC BUILDING, IN THE HEART OF NAUGATUCK. WE OFFER CONVENIENCE, SECURITY AND COMFORT AT AN AFFORDABLE...

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THE NAUGATUCK YMCA OPERATES A 30 ROOM SINGLE OCCUPANCY, SHORT TERM RESIDENCY, SITUATED IN OUR HISTORIC BUILDING, IN THE HEART OF NAUGATUCK. WE OFFER CONVENIENCE, SECURITY AND COMFORT AT AN AFFORDABLE PRICE AND OFFER OPEN DOORS FINANCIAL ASSISTANCE. RESIDENTS FIND A SENSE OF COMMUNITY, WHETHER AT ONE OF OUR QUARTERLY GET TOGETHERS, WORKING OUT WITH A FRIEND IN OUR WELLNESS CENTER, OR IN OUR PROFESSIONAL STAFF.THE NAUGATUCK YMCA IS JUST TWO BLOCKS FROM THE METRO NORTH LINE AND WITHIN WALKING DISTANCE TO ALL THE CONVENIENCES AND ATTRACTIONS OF DOWNTOWN NAUGATUCK. ROOMS ARE AVAILABLE, WITH THE CONVENIENCE OF WEEKLY RATES, FOR BOTH LONG AND SHORT-TERM STAYS. THE MAJORITY OF OUR RESIDENTS ARE IN TRANSITION SUCH AS DIVORCE, WORK TRANSFER, OR OTHER LIFE CHANGING EXPERIENCES. 68% OF OUR RESIDENTS CURRENTLY FALL WITHIN THE FEDERAL POVERTY GUIDELINES WHILE 33% ARE VETERANS. OUR DORMITORYPROGRAM IS JUST ONE OF OUR PROGRAMS THAT GROWING ANSWERS A NEED FOR OUR COMMUNITY.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,648,821
Program Service Revenue $2,074,237
Investment Income $9,005
Other Revenue $2,963
TOTAL REVENUE $3,735,026

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,182,257
Fundraising Expenses $13,112
Program Expenses $3,227,106
Other Expenses $1,175,316
TOTAL EXPENSES $3,357,573

Year-over-Year Comparison

2023 2022 Change
Revenue $3,735,026 $2,948,737 +0.3%
Expenses $3,357,573 $2,729,475 +0.2%
Net Income $377,453 $219,262 +0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
13
Independent Members
13
Employees
179
Volunteers
60

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$151,387
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Mark David Lafortune CEO 40.00
Officer
$105,321 $46,066 $151,387
Bill Mis President 2.00
Officer Director
$0 $0 $0
Marie Solazzo Secretary 2.00
Officer Director
$0 $0 $0
Paul Fitzpatrick Board Member 1.00
Director
$0 $0 $0
Roger Ames Board Member 1.00
Director
$0 $0 $0
Andrew Bottinick Board Member 1.00
Director
$0 $0 $0
Lori Rotella Board Member 1.00
Director
$0 $0 $0
Marcelo Martins Board Member 1.00
Director
$0 $0 $0
Bob Dickson Board Member 1.00
Director
$0 $0 $0
Theresa Rangel Board Member 1.00
Director
$0 $0 $0
Laurie Rogers Board Member 1.00
Director
$0 $0 $0
Dave Rogers Board Member 1.00
Director
$0 $0 $0
Rachel Pilat Board Member 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $3,735,026 $3,357,573 $3,603,451 $377,453
2022 $2,948,737 $2,729,475 $3,292,522 $219,262
2021 $2,409,814 $2,353,185 $3,514,531 $56,629
2020 $1,798,774 $1,902,699 $3,044,637 $-103,925
2019 $2,015,552 $1,959,201 $3,136,882 $56,351
2018 $1,772,523 $1,818,438 $2,954,733 $-45,915
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