YMCA OF MEMPHIS & THE MID-SOUTH

EIN: 620476304 501(c)(3) Human Services

CORDOVA, TN

Total Revenue
$62,212,130
Total Expenses
$55,334,562
Total Assets
$75,484,159
Net Assets
$45,085,286
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Financial Trends

Organization Details

Formation Year
1855
Legal Domicile
TN
Principal Officer
JERRY MARTIN
Phone
9017667677
Tax Period
2024-01-01 to 2024-12-31

YMCA OF MEMPHIS & THE MID-SOUTH, founded in 1855, is a mid-sized nonprofit in the Human Services sector that reported $62.2M in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum. Expenses of $55.3M left a modest 11% surplus.

Mission

TO PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD HEALTHY SPIRIT, MIND, AND BODY FOR ALL

Program Service Accomplishments

Program 1
Expenses: $17,199,053 Revenue: $1,551,542

HEALTHY LIVING: THE YMCA OF MEMPHIS & THE MID-SOUTH ENGAGED IN OUR CAUSE OF STRENGTHENING COMMUNITY THROUGH HEALTHY LIVING THIS YEAR BYASSISTING 50,057 MEMBERS IN THEIR HEALTH AND WELLNESS...

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HEALTHY LIVING: THE YMCA OF MEMPHIS & THE MID-SOUTH ENGAGED IN OUR CAUSE OF STRENGTHENING COMMUNITY THROUGH HEALTHY LIVING THIS YEAR BYASSISTING 50,057 MEMBERS IN THEIR HEALTH AND WELLNESS JOURNEYWITHIN OUR YMCA FACILITIES. WE PROVIDED INSTRUCTION IN THE LIFE-SAVINGSKILL OF SWIM LESSONS TO OVER 3,044 YOUTH AND FAMILIES.

Program 2
Expenses: $25,808,328 Revenue: $19,530,958

YOUTH DEVELOPMENT: THE YMCA OF MEMPHIS & THE MID-SOUTH BELIEVES THAT ALL CHILDREN DESERVE THE OPPORTUNITY TO DISCOVER WHO THEY REALLY ARE AND WHAT THEY CAN ACHIEVE. OUR ASSOCIATION CONTINUES TO...

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YOUTH DEVELOPMENT: THE YMCA OF MEMPHIS & THE MID-SOUTH BELIEVES THAT ALL CHILDREN DESERVE THE OPPORTUNITY TO DISCOVER WHO THEY REALLY ARE AND WHAT THEY CAN ACHIEVE. OUR ASSOCIATION CONTINUES TO PROVIDE BEFORE AND ADTER CARE AT THE MAJORITY OF SHELBY COUNTY SCHOOLS. FOR THE 2024-2025 SCHOOL YEAR, 10,256 CHILDREN REGISTERED FOR BEFORE AND AFTER SCHOOL CARE. THERE WERE A TOTAL OF 177 SCHOOLS IN 14 DISTRICTS FOR THIS PAST SCHOOL YEAR. OUR Y-CAP PROGRAM ENGAGED 300 AT-RISK STUDENTS IN ACTIVITIES THAT PROMOTE POSITIVE SELF-WORTH, GOAL-SETTING, IMPROVED BEHAVIORS, SATISFACTORY ACADEMIC PERFORMANCE, COMMUNITY SERVICE, AND SUMMER READING. Y ACHIEVERS IS DESIGNED FOR THE DEVELOPMENT OF YOUTH GRADES 6-12. THIS IS ONE OF THE NATIONAL YMCA SIGNATURE PROGRAMS DESIGNED TO ADDRESS THE ACHIEVEMENT GAP WHILE NURTURING THE POTENTIAL OF EVERY YOUTH AND TEEN. Y ACHIEVERS ALSO ENGAGES PARENTS WITH MONTHLY SESSIONS ALONG WITH FAMILY AND COMMUNITY EVENTS. THIS PROGRAM SERVES SCHOOLS IN SHELBY COUNTY. OVER 70 YOUTH WERE IMPACTED BY THIS PROGRAM DURING THE 2024-2025 SCHOOL YEAR.NUTRITION SERVICES: OUR Y CONTINUES TO WORK WITH TENNESSEE DEPARTMENT OF HUMAN SERVICES AND USDA AND HAVE PROVIDED OVER 10,000,000 MEALS SINCE MARCH 2020. FOR THE 2024-2025 SCHOOL YEAR, OUR Y SERVED 1,250,000 MEALS. A TOTAL OF 202 SITES INCLUDING 89 SCHOOLS IN SHELBY, MADISON, FAYETTE, AND GIBSON COUNTIES. OUR ASSOCIATION ALSO SERVED MEALS AT 58 SCHOOL SITES IN DAVIDSON, MONTGOMERY, RUTHERFORD, AND SUMNER COUNTIES AND 1 SCHOOL IN MISSISSIPPI. THE YMCA OF MEMPHIS & THE MID-SOUTH PARTNERED TO SERVE MEALS AT 53 OPEN SITES IN SHELBY COUNTY. THESE INCLUDE MEMPHIS PARKS, COMMUNITY CENTERS, CITY OF MEMPHIS LIBRARIES, NEIGHBORHOOD CHRISTIAN CENTERS, MEMPHIS ATHLETIC MINISTRIES, AND APARTMENT COMPLEXES IN AREAS THAT ARE UNDER-RESOURCED AND UNDERSERVED. THIS PROGRAM CONTINUES TO EXPAND TO MEET THE NEEDS OF YOUTH WHO ARE EXPERIENCING FOOD INSECURITY.

Program 3
Expenses: $2,246,594 Revenue: $2,465,722

YOUTH SPORTS & SUMMER DAY CAMP: YOUTH INVOLVED WITH THESE YMCA PROGRAMS ARE CULTIVATING THE VALUES, SKILLS, AND RELATIONSHIPS THAT LEAD TO POSITIVE BEHAVIORS AND BETTER HEALTH. OUR YOUTH SPORTS AND...

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YOUTH SPORTS & SUMMER DAY CAMP: YOUTH INVOLVED WITH THESE YMCA PROGRAMS ARE CULTIVATING THE VALUES, SKILLS, AND RELATIONSHIPS THAT LEAD TO POSITIVE BEHAVIORS AND BETTER HEALTH. OUR YOUTH SPORTS AND SPECIALTY CAMP PROGRAMS LED 3,929 YOUTH TO EXPLORE AND IMPROVE SPORTS SKILLS, PROBLEM-SOLVING ABILITIES, AND INCREASE CREATIVITY.

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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 $37,454,103
Program Service Revenue $23,569,482
Investment Income $923,523
Other Revenue $265,022
TOTAL REVENUE $62,212,130

Expense Breakdown

Grants Paid $0
Salaries & Benefits $31,187,022
Fundraising Expenses $1,317,508
Program Expenses $45,253,975
Other Expenses $24,147,540
TOTAL EXPENSES $55,334,562

Year-over-Year Comparison

2024 2023 Change
Revenue $62,212,130 $49,440,291 +0.3%
Expenses $55,334,562 $47,696,623 +0.2%
Net Income $6,877,568 $1,743,668 +2.9%
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
22
Independent Members
19
Employees
3079
Volunteers
367

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
5
$1,144,752
Total Directors
19
$0
Key Employees
3
$1,006,169
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LEE MEYERS BOARD MEMBER 4.00
Director
$0 $0 $0
TED FERRIS BOARD MEMBER 4.00
Director
$0 $0 $0
ABUSHERI OHWOFASA BOARD MEMBER 4.00
Director
$0 $0 $0
GENE CASHMAN BOARD MEMBER 4.00
Director
$0 $0 $0
MATT GRIMES BOARD MEMBER 4.00
Director
$0 $0 $0
ZACK DAVIS BOARD MEMBER 4.00
Director
$0 $0 $0
STACY HOLLINGSWORTH BOARD MEMBER 4.00
Director
$0 $0 $0
TED TOWNSEND BOARD MEMBER 4.00
Director
$0 $0 $0
ROBERT HARRINGTON BOARD MEMBER 4.00
Director
$0 $0 $0
PERRY GREEN BOARD MEMBER 4.00
Director
$0 $0 $0
AL BRIGHT BOARD MEMBER 4.00
Director
$0 $0 $0
DAVID BRADFORD BOARD MEMBER 4.00
Director
$0 $0 $0
ERIC EPPERSON BOARD MEMBER 4.00
Director
$0 $0 $0
AMY WEIRICH BOARD MEMBER 4.00
Director
$0 $0 $0
CARY VAUGHN BOARD MEMBER 4.00
Director
$0 $0 $0
MONICE HAGLER SECRETARY 4.00
Officer Director
$0 $0 $0
BOOMER LEOPOLD BOARD MEMBER 4.00
Director
$0 $0 $0
STUART HARRIS BOARD MEMBER 4.00
Director
$0 $0 $0
HOPE SNEED BOARD CHAIR 4.00
Officer Director
$0 $0 $0
GERALD B MARTIN PRESIDENT & CEO 40.00
Officer
$475,580 $57,251 $532,831
TERRANCE J GRIGSBY CFO 40.00
Officer
$315,541 $60,275 $375,816
SHAUNA BATEMAN CHIEF YOUTH DEVELOPMENT OF 40.00
Officer
$198,430 $37,675 $236,105
ANTHONY NORRIS CDO 40.00
Key Emp
$310,880 $31,408 $342,288
BRIAN MCLAUGHLIN COO 40.00
Key Emp
$321,781 $50,221 $372,002
JAMES STOCK GENERAL COUNSEL 40.00
Key Emp
$247,148 $44,731 $291,879
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 No data No data No data No data
2024 $62,212,130 $55,334,562 $75,484,159 $6,877,568
2023 $49,440,291 $47,696,623 $71,915,738 $1,743,668
2022 $55,245,807 $43,856,006 $68,597,677 $11,389,801
2021 $52,414,027 $47,546,893 $45,816,231 $4,867,134
2020 $58,382,388 $47,376,205 $46,464,980 $11,006,183
2019 $29,955,455 $28,337,867 $26,257,759 $1,617,588
2018 $23,622,884 $23,425,652 $24,223,270 $197,232
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