ITASCA COUNTY FAMILY YMCA INC

EIN: 411358634 501(c)(3) Human Services

GRAND RAPIDS, MN

Total Revenue
$4,368,757
Total Expenses
$4,851,995
Total Assets
$12,012,990
Net Assets
$11,379,261
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Financial Trends

Organization Details

Formation Year
1979
Legal Domicile
MN
Principal Officer
JONI NAMYST
Phone
2183271161
Tax Period
2024-01-01 to 2024-12-31

ITASCA COUNTY FAMILY YMCA INC, founded in 1979, is a community nonprofit in the Human Services sector that reported $4.4M in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $4.9M exceeded revenue, resulting in a 11% operating deficit.

Mission

THE ITASCA COUNTY FAMILY YMCA (YMCA) IS A CHARITABLE, COMMUNITY SERVICE ORGANIZATION FOUNDED IN 1979 WITH A MISSION TO STRENGTHEN OURSELVES, FAMILIES AND COMMUNITIES BY PROMOTING GROWTH IN SPIRIT, MIND AND BODY. THE YMCA INCLUDES MEN, WOMEN, AND CHILDREN OF ALL AGES, ABILITIES, INCOMES, RACES AND RELIGIONS AND IS DEDICATED TO YOUTH DEVELOPMENT, HEALTHY LIVING AND SOCIAL RESPONSIBILITY. WE PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT PROMOTE YOUTH DEVELOPMENT, HEALTHY LIFESTYLES, STRONG VALUES, LEADERSHIP DEVELOPMENT, COMMUNITY INTERACTION, AND INTERNATIONAL UNDERSTATING. ALL PERSONS ARE WELCOME AT OUR YMCA, REGARDLESS OF THEIR ABILITY TO PAY. OUR YMCA IS FOUNDED AND LED BY VOLUNTEERS FROM OUR COMMUNITY. OUR VOLUNTEERS SERVE AS MENTORS, COACHES, PROGRAM LEADERS, INSTRUCTORS AND POLICY MAKERS.

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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 (2024)

Revenue Breakdown

Contributions & Grants $884,880
Program Service Revenue $3,224,593
Investment Income $80,021
Other Revenue $179,263
TOTAL REVENUE $4,368,757

Expense Breakdown

Grants Paid $226,103
Salaries & Benefits $2,713,123
Fundraising Expenses $65,913
Program Expenses $4,256,925
Other Expenses $1,912,769
TOTAL EXPENSES $4,851,995

Year-over-Year Comparison

2024 2023 Change
Revenue $4,368,757 $5,163,398 -0.2%
Expenses $4,851,995 $3,902,584 +0.2%
Net Income $-483,238 $1,260,814 -1.4%
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
15
Independent Members
15
Employees
269
Volunteers
291

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
$180,216
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANGELLA ERICKSON BOARD CHAIR 1.00
Officer Director
$0 $0 $0
JON MATURI PAST BOARD CHAIR 1.00
Officer Director
$0 $0 $0
SAM EVANS TREASURER 1.00
Officer Director
$0 $0 $0
ROBERT HOLYCROSS SECRETARY/VICE CHAIR 1.00
Officer Director
$0 $0 $0
LAYNE CHIODO BOARD MEMBER 1.00
Director
$0 $0 $0
CASSI CZARNOWSKI BOARD MEMBER 1.00
Director
$0 $0 $0
HILARY EMERSON BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN FORREST BOARD MEMBER 1.00
Director
$0 $0 $0
JOE FRANZONE BOARD MEMBER 1.00
Director
$0 $0 $0
DAVE HAGMAN BOARD MEMBER 1.00
Director
$0 $0 $0
ELIZABETH MISKOVICH BOARD MEMBER 1.00
Director
$0 $0 $0
LINDA PETERSON BOARD MEMBER 1.00
Director
$0 $0 $0
KATIE PROKOP BOARD MEMBER 1.00
Director
$0 $0 $0
DALE ROSIER BOARD MEMBER 1.00
Director
$0 $0 $0
RON ULSETH BOARD MEMBER 1.00
Director
$0 $0 $0
JONI NAMYST EXECUTIVE DIRECTOR 40.00
Officer
$103,176 $9,545 $112,721
COLLEEN CHAPIN FINANCE DIRECTOR (THRU 05/24) 40.00
Officer
$32,717 $3,847 $36,564
SARAH GRUNWALD FINANCE DIRECTOR 40.00
Officer
$30,810 $121 $30,931
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 $4,368,757 $4,851,995 $12,012,990 $-483,238
2023 $5,163,398 $3,902,584 $12,395,266 $1,260,814
2022 $3,525,518 $3,235,705 $10,706,797 $289,813
2021 $2,895,020 $2,773,330 $11,059,328 $121,690
2020 $2,268,016 $2,439,657 $10,960,007 $-171,641
2019 $2,673,315 $2,839,112 $10,749,953 $-165,797
2018 $2,572,261 $2,821,651 $10,769,640 $-249,390
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