Montgomery County Family YMCA (2218)

EIN: 421433436 501(c)(3) Human Services

Red Oak, IA

Total Revenue
$996,781
Total Expenses
$977,455
Total Assets
$8,584,949
Net Assets
$8,529,425
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1995
Legal Domicile
IA
Phone
7126232161
Tax Period
2024-01-01 to 2024-12-31

Montgomery County Family YMCA (2218), founded in 1995, is a small nonprofit in the Human Services sector that reported $997K in total revenue in fiscal year 2024. Net assets of $8.5M represent 103 months of operating reserves.

Mission

THE MONTGOMERY COUNTY YMCA IS A DEDICATED COMMUNITY SERVICE ORGANIZATION THAT INCLUDES MEN, WOMEN AND YOUTH IN OUR COMMUNITY. WE ARE DEDICATED TO YOUTH DEV., SOCIAL RESPONSIBLITY AND HEALTHY LIVING WITHIN OUR COMMUNITY

Program Service Accomplishments

Program 1
Expenses: $535,699 Revenue: $395,526

Healthy Living The Y is a leader on health and well-being. We bring families closer together, encourage good health and foster socialization through a variety of fitness classes, youth and adult...

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Healthy Living The Y is a leader on health and well-being. We bring families closer together, encourage good health and foster socialization through a variety of fitness classes, youth and adult activities, and shared interests. Examples are our Strength Train Together class, Lifestyle Splash aquatics class, youth and adult volleyball programs, youth soccer and our free Pickleball program. As a result, nearly 2700 people in our service area receive the support, guidance, and resources to achieve greater health in spirit, mind, and body. This is important as our nation struggles with an obesity crisis, mental health struggles, as families face a work/life balance battle and individuals look for personal fulfillment. Our programs are accessible, affordable, and open to people of all faiths, backgrounds, abilities, and income levels.

Program 2
Expenses: $133,925 Revenue: $77,054

Youth Development Our Y is committed to nurturing the potential of every youth. We believe that they all deserve the opportunity to discover who they are and what they can achieve. That's why we help...

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Youth Development Our Y is committed to nurturing the potential of every youth. We believe that they all deserve the opportunity to discover who they are and what they can achieve. That's why we help young people develop the skills, values, and relationships that lead to positive behaviors, better health, and educational achievements. Our Y programs, such as Summer Day Camp, Group Swim Lessons, Junior High Fitness Class, Lifeguard Certification Classes offer a range of experience that enrich cognitive, social, physical, and emotional growth. Our expenses include subsidies and direct financial assistance that makes participation possible for over 50% of the youth we engage.

Program 3

Social Responsibility Our Y believes in giving back and supporting our neighbors. We've been listening and responding to our community's needs for more than 20 years. Y programs, such as TogetherTM...

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Social Responsibility Our Y believes in giving back and supporting our neighbors. We've been listening and responding to our community's needs for more than 20 years. Y programs, such as TogetherTM, and our support by being involved with community events, such as the Community Thanksgiving Dinner, Live Well Montgomery County Community Garden, Meals On Wheels, participation in blood pressure clinics and holding an annual free community winter holiday celebration are examples of how we support our neighbors to affect change, bridge gaps and overcome obstacles. In 2022, we engaged over 200 Y members, participants and volunteers in activities that strengthen our community and pave the way for future generations to thrive.

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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 $142,750
Program Service Revenue $472,580
Investment Income $381,451
Other Revenue $0
TOTAL REVENUE $996,781

Expense Breakdown

Grants Paid $0
Salaries & Benefits $344,294
Fundraising Expenses $18,083
Program Expenses $669,624
Other Expenses $633,161
TOTAL EXPENSES $977,455

Year-over-Year Comparison

2024 2023 Change
Revenue $996,781 $1,001,041 0.0%
Expenses $977,455 $939,448 +0.0%
Net Income $19,326 $61,593 -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
9
Independent Members
9
Employees
55
Volunteers
148

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
$0
Total Directors
6
$0
Key Employees
1
$63,104
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Annie Whitty-Jensen N/A 1.0
Director
$0 $0 $0
Ashley Allison N/A 1.0
Director
$0 $0 $0
JASON ORME N/A 1.0
Director
$0 $0 $0
JOHN HOLLEN N/A 1.0
Director
$0 $0 $0
Martin Coates N/A 1.0
Director
$0 $0 $0
Tim Fridolph N/A 1.0
Director
$0 $0 $0
BEN LUNDGREN TREAS 1.0
Officer
$0 $0 $0
Georgana Derr Secretary 1.0
Officer
$0 $0 $0
WILLIAM BUTZ PRES 1.0
Officer
$0 $0 $0
CARRIE SHALTERS N/A 40.0
Key Emp
$63,104 $0 $63,104
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 $996,781 $977,455 $8,584,949 $19,326
2023 $1,001,041 $939,448 $8,564,484 $61,593
2022 $318,051 $951,130 $8,501,999 $-633,079
2021 $1,243,775 $905,078 $9,073,015 $338,697
2020 $756,495 $810,922 $8,729,447 $-54,427
2019 $993,807 $919,559 $8,552,146 $74,248
2018 $782,793 $885,008 $8,284,100 $-102,215
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