BINGHAMTON-BROOME COUNTY YMCA

EIN: 150532282 501(c)(3) Human Services

BINGHAMTON, NY

Total Revenue
$2,920,902
Total Expenses
$3,475,705
Total Assets
$3,622,065
Net Assets
$1,166,156
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Financial Trends

Organization Details

Formation Year
1964
Legal Domicile
NY
Phone
6077720560
Tax Period
2023-01-01 to 2023-12-31

BINGHAMTON-BROOME COUNTY YMCA, founded in 1964, is a community nonprofit in the Human Services sector that reported $2.9M in total revenue in fiscal year 2023. Expenses of $3.5M exceeded revenue, resulting in a 19% operating deficit.

Mission

THE BROOME COUNTY YMCA IS A VOLUNTEER LED PUBLIC CHARITY THAT INCLUDES MEN, WOMEN, AND CHILDREN OF ALL AGES, ABILITIES, INCOME, RACES, AND RELIGIONS. OUR MISSION IS: TO PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD HEALTHY SPIRIT, MIND AND BODY FOR ALL.

Program Service Accomplishments

Program 1
Expenses: $1,239,369 Revenue: $911,625

HEALTHY LIVING - THE BROOME COUNTY YMCA VIEWS HEALTH HOLISTICALLY: A HEALTHY PERSON HAS UNITY OF BODY, MIND AND SPIRIT. THE YMCA HAS IDENTIFIED THE GROWING NATIONAL OBESITY RATES IN THIS COUNTRY AS A...

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HEALTHY LIVING - THE BROOME COUNTY YMCA VIEWS HEALTH HOLISTICALLY: A HEALTHY PERSON HAS UNITY OF BODY, MIND AND SPIRIT. THE YMCA HAS IDENTIFIED THE GROWING NATIONAL OBESITY RATES IN THIS COUNTRY AS A CRITICAL SOCIAL ISSUE THAT MUST BE ADDRESSED. OUR HEALTH AND WELL BEING PROGRAMS ARE DESIGNED TO HELP PEOPLE DEVELOP NEW SKILLS AND GROW IN SPIRIT, MIND AND BODY BY SETTING REALISTIC GOALS FOR SELF IMPROVEMENT AND DISEASE PREVENTION. THIS IS ACHIEVED THROUGH AN ACTIVE LIFESTYLE, PROPER NUTRITION, STRESS MANAGEMENT AND HEALTH EDUCATION. BROOME COUNTY YMCA PROGRAMS PROMOTE INTERACTION, TEAMWORK AND THE DEVELOPMENT OF MORAL AND ETHICAL BEHAVIOR, SOCIAL SKILLS AND SELF ESTEEM. WE SERVE ALL AGES, ABILITIES, RACES, NATIONALITIES AND RELIGIONS AND PROVIDE FINANCIAL ASSISTANCE TO THOSE WHO NEED IT.

Program 2
Expenses: $1,229,568 Revenue: $645,007

YOUTH DEVELOPMENT & CHILDCARE - THE BROOME COUNTY YMCA YOUTH, TEEN, AND FAMILY PROGRAMS GIVE CHILDREN POSITIVE ROLE MODELS TO HELP THEM DEVELOP SELF-ESTEEM AND GOOD VALUES, INCLUDING COOPERATION...

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YOUTH DEVELOPMENT & CHILDCARE - THE BROOME COUNTY YMCA YOUTH, TEEN, AND FAMILY PROGRAMS GIVE CHILDREN POSITIVE ROLE MODELS TO HELP THEM DEVELOP SELF-ESTEEM AND GOOD VALUES, INCLUDING COOPERATION, RESPECT, GOOD CITIZENSHIP, AND STRONG WORK ETHIC. YMCA FAMILY PROGRAMS ALLOW FAMILIES AN OPPORTUNITY TO LEARN AND GROW TOGETHER IN A NON COMPETITIVE ENVIRONMENT. THE BROOME COUNTY YMCA DAY CAMP PROVIDES A LASTING EXPERIENCE OF PERSONAL ENRICHMENT. CAMP OFFERS ADVENTURE AND LEARNING ACTIVITIES THAT PROVIDE A CHALLENGE AND PROMOTE MENTAL DEVELOPMENT, PHYSICAL WELL BEING, SOCIAL GROWTH, AND CAPABILITIES. THE YMCA PROVIDES HIGH QUALITY CHILD CARE BY OFFERING COMPREHENSIVE ACTIVITIES FOR INFANT, PRESCHOOL AND SCHOOL AGE CHILDREN. THE PROGRAMS ATTRACT AND SERVE ALL MEMBERS OF OUR DIVERSE COMMUNITY. YOUTH AQUATIC PROGRAM HELP CHILDREN ADJUST TO THE AQUATIC ENVIRONMENT MAKING THEM SAFE IN THE WATER AND TEACH LIFE LONG SKILLS. YMCA FAMILY PROGRAMS ALLOW FAMILIES AN OPPORTUNITY TO LEARN AND GROW TOGETHER IN A NON COMPETITIVE ENVIRONMENT. WOVEN INTO THE FABRIC OF THE YMCA MISSION IS A COMMITMENT TO STRENGTHENING FAMILIES. WE PROVIDE FINANCIAL ASSISTANCE TO ALL IN NEED.

Program 3
Expenses: $627,393 Revenue: $452,390

HOUSING & HOMELESS SERVICES - THE BROOME COUNTY YMCA OFFERS HOUSING ON A TRANSITIONAL AND TEMPORARY BASIS FOR LOW INCOME AND HOMELESS MEN. THE PURPOSE IS TO PROVIDE A WHOLESOME, SUPPORTIVE...

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HOUSING & HOMELESS SERVICES - THE BROOME COUNTY YMCA OFFERS HOUSING ON A TRANSITIONAL AND TEMPORARY BASIS FOR LOW INCOME AND HOMELESS MEN. THE PURPOSE IS TO PROVIDE A WHOLESOME, SUPPORTIVE ENVIRONMENT, TO ASSIST AND IMPROVE THE BASIC LIVING SKILLS OF OUR CLIENTS. A VARIETY OF SERVICES THAT INCLUDE ADVISING, RECREATIONAL, AND INTERVENTIONAL ARE PROVIDED TO THE MEN. MANY OF OUR RESIDENTS ARE INVOLVED IN DRUG AND ALCOHOL COUNSELING AND THE YMCA MAINTAINS A DRUG AND ALCOHOL FREE ENVIRONMENT TO LIVE IN. THE YMCA OFFERS SAFE, CLEAN, NO COST SHELTER FOR ADULT MALES 18 YEARS OF AGE AND OVER. SUPPORT SERVICES ARE AVAILABLE FOR ALL INDIVIDUALS SO THEY CAN GET BACK ON THEIR FEET AND BECOME PRODUCTIVE MEMBERS OF SOCIETY AGAIN.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $872,093
Program Service Revenue $2,009,022
Investment Income $5,920
Other Revenue $33,867
TOTAL REVENUE $2,920,902

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,188,546
Fundraising Expenses $24,517
Program Expenses $3,096,330
Other Expenses $1,287,159
TOTAL EXPENSES $3,475,705

Year-over-Year Comparison

2023 2022 Change
Revenue $2,920,902 $2,986,522 0.0%
Expenses $3,475,705 $3,638,582 0.0%
Net Income $-554,803 $-652,060 -0.1%
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
12
Independent Members
12
Employees
229
Volunteers
218

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
4
$0
Total Directors
12
$0
Key Employees
1
$173,668
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A PRESIDENT 0.5
Officer Director
$0 $0 $0
N/A TREASURER 0.5
Officer Director
$0 $0 $0
N/A VICE PRESIDENT 0.5
Officer Director
$0 $0 $0
N/A SECRETARY 0.5
Officer Director
$0 $0 $0
N/A Director 0.5
Director
$0 $0 $0
N/A Director 0.5
Director
$0 $0 $0
N/A Director 0.5
Director
$0 $0 $0
N/A Director 0.5
Director
$0 $0 $0
N/A Director 0.5
Director
$0 $0 $0
N/A Director 0.5
Director
$0 $0 $0
N/A DIRECTOR N/A
Director
$0 $0 $0
N/A DIRECTOR 0.5
Director
$0 $0 $0
N/A EXECUTIVE DIRECTOR 40.0
Key Emp Highest
$173,668 $0 $173,668
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 $2,920,902 $3,475,705 $3,622,065 $-554,803
2022 $2,986,522 $3,638,582 $4,113,955 $-652,060
2021 $4,407,451 $3,094,140 $4,673,293 $1,313,311
2020 $2,781,611 $3,048,259 $3,788,234 $-266,648
2019 $3,864,849 $3,922,668 $3,574,560 $-57,819
2018 $3,477,960 $3,959,100 $3,494,645 $-481,140
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