OLEAN-BRADFORD YMCA FOUNDATION INC

EIN: 275086933 501(c)(3) Human Services

OLEAN, NY

Total Revenue
$135,895
Total Expenses
$32,000
Total Assets
$2,458,673
Net Assets
$2,329,204
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2011
Legal Domicile
NY
Phone
7163732400
Tax Period
2025-01-01 to 2025-12-31

OLEAN-BRADFORD YMCA FOUNDATION INC, founded in 2011, is a small nonprofit in the Human Services sector that reported $136K in total revenue in fiscal year 2025. Revenue fell 26% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $104K, a strong 76% operating margin.

Mission

THE PRIMARY PURPOSE OF THE OLEAN-BRADFORD YMCA FOUNDATION, INC. IS TO FURTHER THE MISSION OF THE YMCA OF THE TWIN TIERS BY BUILDING, INVESTING AND MANAGING ONE OR MORE FUNDS TO PROVIDE FINANCIAL SUPPORT FOR THE ACTIVITIES AND OPERATIONS OF THE ASSOCIATION.

Program Service Accomplishments

Program 1
Expenses: $32,000 Revenue: $135,895

SUPPORT FOR THE ANNUAL OPERATING NEEDS OF THE BRANCHES OF THE YMCA

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $31,498
Program Service Revenue $0
Investment Income $104,397
Other Revenue $0
TOTAL REVENUE $135,895

Expense Breakdown

Grants Paid $32,000
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $32,000
Other Expenses $0
TOTAL EXPENSES $32,000

Year-over-Year Comparison

2025 2024 Change
Revenue $135,895 $182,512 -0.3%
Expenses $32,000 $32,000 N/A
Net Income $103,895 $150,512 -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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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
9
Employees
N/A
Volunteers
N/A

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
$290,719
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFF TOWNSEND CEO, SECRETARY 2.00
Officer
$0 $2,600 $164,539
BRENDA THREEHOUSE CFO 2.00
Officer
$0 $260 $126,180
DR JAFAR HAMIDI Director 1.00
Director
$0 $0 $0
DAN DEROSE Director 1.00
Director
$0 $0 $0
KAREN COSTELLO-PECHT Director 1.00
Director
$0 $0 $0
WILLIAM WALSH Director 1.00
Director
$0 $0 $0
JULIE MARASCO Director 1.00
Director
$0 $0 $0
JILL DUNN Director 1.00
Director
$0 $0 $0
WILLIAM LEVEN Director 1.00
Director
$0 $0 $0
DON FREDEEN Board Chair 1.00
Officer Director
$0 $0 $0
JIM RIED Director 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
2025 $135,895 $32,000 $2,458,673 $103,895
2024 $182,512 $32,000 $2,117,527 $150,512
2023 $40,552 $32,000 $1,997,014 $8,552
2022 $103,283 $32,000 $1,788,813 $71,283
2021 $157,589 No data $2,236,465 No data
2020 $37,367 No data $2,095,474 No data
2019 $167,370 No data $2,122,407 No data
2018 $116,817 No data $1,915,327 No data
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