MERIDEN-NEW BRITAIN-BERLIN YOUNG MEN'S CHRISTIAN ASSOCIATION INC

EIN: 060646977 501(c)(3) Human Services

MERIDEN, CT

Total Revenue
$22,199,950
Total Expenses
$21,071,589
Total Assets
$24,420,983
Net Assets
$19,817,717
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Financial Trends

Organization Details

Formation Year
1866
Legal Domicile
CT
Principal Officer
JOHN BENIGNI
Phone
2032356386
Tax Period
2024-01-01 to 2024-12-31

MERIDEN-NEW BRITAIN-BERLIN YOUNG MEN'S CHRISTIAN ASSOCIATION INC, founded in 1866, is a mid-sized nonprofit in the Human Services sector that reported $22.2M in total revenue in fiscal year 2024. Expenses of $21.1M left a modest 5% surplus.

Mission

THE MERIDEN-NEW BRITAIN-BERLIN YMCA SEEKS TO BECOME A 'MASTER LINK' IN OUR COMMUNITIES TO ENHANCE THE QUALITY OF LIFE FOR ALL PEOPLE WHO LIVE AND WORK IN MERIDEN, NEW BRITAIN AND BERLIN. THE MERIDEN-NEW BRITAIN-BERLIN YMCA PROVIDES ALL PEOPLE OPPORTUNITIES THAT CAN OPEN DOORS TO AN EXCEPTIONAL LIFE. THE MERIDEN-NEW BRITAIN-BERLIN YMCA WAS FOUNDED IN 1866 AND IS PART OF THE LARGEST NONPROFIT COMMUNITY SERVICE ORGANIZATION IN AMERICA. YMCAS ARE THE HEART OF THE COMMUNITY LIFE IN NEIGHBORHOODS AND TOWNS ACROSS THE NATION. YMCAS WORK TO MEET THE HEALTH AND SOCIAL SERVICE NEEDS OF OVER 16 MILLION MEN, WOMEN AND CHILDREN. THE MERIDEN-NEW BRITAIN-BERLIN YMCA, LIKE ALL YMCAS, SERVES ALL FAITHS, RACES, ABILITIES, AGES AND INCOMES. NO ONE IS TURNED AWAY FOR INABILITY TO PAY. OUR STRENGTH IS IN THE PEOPLE THAT WE BRING TOGETHER. THE MERIDEN-NEW BRITAIN-BERLIN YMCA PROGRAMS ARE THE TOOLS FOR BUILDING THE CORE VALUES OF CARING, HONESTY, RESPECT AND RESPONSIBILITY. THE YMCA IS ABOUT YOUTH DEVELOPMEN

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $13,954,909
Program Service Revenue $7,984,132
Investment Income $260,909
Other Revenue $0
TOTAL REVENUE $22,199,950

Expense Breakdown

Grants Paid $0
Salaries & Benefits $14,598,435
Fundraising Expenses $71,986
Program Expenses $18,706,284
Other Expenses $6,473,154
TOTAL EXPENSES $21,071,589

Year-over-Year Comparison

2024 2023 Change
Revenue $22,199,950 $20,926,599 +0.1%
Expenses $21,071,589 $19,248,129 +0.1%
Net Income $1,128,361 $1,678,470 -0.3%
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
17
Independent Members
17
Employees
983
Volunteers
365

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
7
$659,330
Total Directors
17
$14,220
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN BENIGNI CEO 50.00
Officer
$304,272 $25,037 $329,309
STEVE MARKOJA COO 50.00
Officer
$173,508 $14,066 $187,574
SUSAN CHESTER CFO 50.00
Officer
$124,310 $18,137 $142,447
DON RITTMAN DIRECTOR 0.50
Director
$14,220 $0 $14,220
JASON NELSON DIRECTOR 0.50
Director
$0 $0 $0
NICOLE PARISI DIRECTOR 0.50
Director
$0 $0 $0
MALLORY DEPREY DIRECTOR 0.50
Director
$0 $0 $0
KENNY JONES DIRECTOR 0.50
Director
$0 $0 $0
SHANE PHILLIPS DIRECTOR 0.50
Director
$0 $0 $0
RICK LOPES DIRECTOR 0.50
Director
$0 $0 $0
DAN DILZER DIRECTOR 0.50
Director
$0 $0 $0
SAL GIARRATANA DIRECTOR 0.50
Director
$0 $0 $0
VINNIE NANFITO DIRECTOR 0.50
Director
$0 $0 $0
DANIEL MICHALAK DIRECTOR 0.50
Director
$0 $0 $0
BARBARA BERGERON DIRECTOR 0.50
Director
$0 $0 $0
LOUIS BRONK DIRECTOR 0.50
Director
$0 $0 $0
LOUIS MARTOCCHIO PRESIDENT 0.50
Officer Director
$0 $0 $0
TOM BANAS VICE PRESIDE 0.50
Officer Director
$0 $0 $0
PAUL GUZZARDI TREASURER 0.50
Officer Director
$0 $0 $0
RHEA HIGHSMITH SECRETARY 0.50
Officer 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 $22,199,950 $21,071,589 $24,420,983 $1,128,361
2023 $20,926,599 $19,248,129 $23,398,821 $1,678,470
2022 $20,075,343 $16,590,508 $20,349,955 $3,484,835
2021 $18,721,354 $14,339,268 $19,846,503 $4,382,086
2020 $11,939,474 $13,263,203 $14,558,599 $-1,323,729
2019 $14,729,618 $14,855,592 $14,131,258 $-125,974
2018 $14,346,785 $14,167,781 $14,179,219 $179,004
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