Civic Intelligence

Silver Bay Association for Christian

EIN 13-5604788 • 501(c)3 • Silver Bay, NY

Profile

Silver Bay Association for Christian Conference and Training's (doing business as Silver Bay YMCA) mission is to foster relationships, strengthen communities, and nurture spirit, mind and body for all. IMPACT: Because of Silver Bay YMCA, personal and family bonds are stronger. People are more connected, respectful, and caring. they have the confidence to develop to their full potential; and to positively impact the communities in which they work and live. As a result, communities are more dynamic, inclusive and diverse. As stewards of Lake George, we inspire people to be stewards of the environment while they are visiting our magnificent campus and in their home communities.

87 Silver Bay RoadSilver Bay, NY 12874

www.silverbay.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

30th percentile

0.06x

Higher debt load relative to assets than 30% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

49th percentile

0.27x

Higher debt load relative to revenue than 49% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

45th percentile

2.6%

Higher net margin than 45% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

Score unavailable

No value available

No filing with officer rows is available for this organization yet.

Asset Growth

35th percentile

1.6%

Faster asset growth than 35% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

47th percentile

6.0%

Faster revenue growth than 47% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Up

$46,688,189

Up $722,085 (+1.6%) from 2023

Liabilities

Down

$3,027,457

Down $528,779 (-15%) from 2023

Net Assets

Up

$43,660,732

Up $1,250,864 (+2.9%) from 2023

Revenue

Up

$11,370,034

Up $644,033 (+6.0%) from 2023

Expenses

Up

$11,069,214

Up $458,576 (+4.3%) from 2023

Net Income

Up

$300,820

Up $185,457 (+161%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$60M$40M$20M$0Assets 2010: $21,579,140Liabilities 2010: $1,750,365Net Assets 2010: $19,828,7752010Assets 2011: $25,902,182Liabilities 2011: $1,747,123Net Assets 2011: $24,155,0592011Assets 2012: $28,940,090Liabilities 2012: $1,747,564Net Assets 2012: $27,192,5262012Assets 2013: $30,570,988Liabilities 2013: $1,517,656Net Assets 2013: $29,053,3322013Assets 2014: $30,886,271Liabilities 2014: $1,444,023Net Assets 2014: $29,442,2482014Assets 2015: $31,817,418Liabilities 2015: $1,550,565Net Assets 2015: $30,266,8532015Assets 2016: $38,135,410Liabilities 2016: $1,378,012Net Assets 2016: $36,757,3982016Assets 2017: $40,154,811Liabilities 2017: $2,494,578Net Assets 2017: $37,660,2332017Assets 2018: $43,719,906Liabilities 2018: $8,388,935Net Assets 2018: $35,330,9712018Assets 2019: $47,043,334Liabilities 2019: $7,884,910Net Assets 2019: $39,158,4242019Assets 2020: $46,010,845Liabilities 2020: $4,871,318Net Assets 2020: $41,139,5272020Assets 2021: $48,585,677Liabilities 2021: $4,767,956Net Assets 2021: $43,817,7212021Assets 2022: $46,052,135Liabilities 2022: $4,307,020Net Assets 2022: $41,745,1152022Assets 2023: $45,966,104Liabilities 2023: $3,556,236Net Assets 2023: $42,409,8682023Assets 2024: $46,688,189Liabilities 2024: $3,027,457Net Assets 2024: $43,660,7322024

Highlighted filing

2024

Assets$46,688,189
Liabilities$3,027,457
Net Assets$43,660,732

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0Expenses 2010: $5,626,5222010Expenses 2011: $5,957,4932011Expenses 2012: $6,131,0622012Revenue 2013: $7,519,196Expenses 2013: $6,197,518Net Income 2013: $1,321,6782013Revenue 2014: $7,817,482Expenses 2014: $6,902,471Net Income 2014: $915,0112014Revenue 2015: $8,627,864Expenses 2015: $6,961,196Net Income 2015: $1,666,6682015Revenue 2016: $12,194,605Expenses 2016: $6,733,376Net Income 2016: $5,461,2292016Revenue 2017: $7,312,260Expenses 2017: $7,309,167Net Income 2017: $3,0932017Revenue 2018: $8,152,175Expenses 2018: $7,622,321Net Income 2018: $529,8542018Revenue 2019: $9,795,048Expenses 2019: $8,039,641Net Income 2019: $1,755,4072019Revenue 2020: $7,469,392Expenses 2020: $5,939,177Net Income 2020: $1,530,2152020Revenue 2021: $8,616,291Expenses 2021: $7,194,508Net Income 2021: $1,421,7832021Revenue 2022: $10,373,708Expenses 2022: $9,296,779Net Income 2022: $1,076,9292022Revenue 2023: $10,726,001Expenses 2023: $10,610,638Net Income 2023: $115,3632023Revenue 2024: $11,370,034Expenses 2024: $11,069,214Net Income 2024: $300,8202024

Highlighted filing

2024

Revenue$11,370,034
Expenses$11,069,214
Net Income$300,820

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$46.7$3.03$43.7$11.4$11.1$0.30
2023Detailed filing. Detailed filing data is available for this year.$46.0$3.56$42.4$10.7$10.6$0.12
2022Detailed filing. Detailed filing data is available for this year.$46.1$4.31$41.7$10.4$9.30$1.08
2021Detailed filing. Detailed filing data is available for this year.$48.6$4.77$43.8$8.62$7.19$1.42
2020Detailed filing. Detailed filing data is available for this year.$46.0$4.87$41.1$7.47$5.94$1.53
2019Detailed filing. Detailed filing data is available for this year.$47.0$7.88$39.2$9.80$8.04$1.76
2018Detailed filing. Detailed filing data is available for this year.$43.7$8.39$35.3$8.15$7.62$0.53
2017Detailed filing. Detailed filing data is available for this year.$40.2$2.49$37.7$7.31$7.31$0.00
2016Detailed filing. Detailed filing data is available for this year.$38.1$1.38$36.8$12.2$6.73$5.46
2015Detailed filing. Detailed filing data is available for this year.$31.8$1.55$30.3$8.63$6.96$1.67
2014Detailed filing. Detailed filing data is available for this year.$30.9$1.44$29.4$7.82$6.90$0.92
2013Detailed filing. Detailed filing data is available for this year.$30.6$1.52$29.1$7.52$6.20$1.32
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$28.9$1.75$27.2$6.13
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$25.9$1.75$24.2$5.96
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$21.6$1.75$19.8$5.63
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 14, 2025
Return Version
2024v5.1
Gross Receipts
$16,614,599
Mission and Program Overview

Mission

Silver Bay Association for Christian Conferences and Training (doing business as the Silver Bay YMCA of the Adirondacks) is a charitable organization that serves individuals, families, and conferences regardless of faith, religion, gender, ethnicity, or ability to pay full costs with opportunities to renew, refresh, and nurture their spirit, mind, and body. Silver Bay is dedicated to youth development, healthy living, and social responsibility.

Silver Bay Association for Christian Conference and Training (doing business as Silver Bay YMCA) is a charitable organization that serves individuals, families, and conferences regardless of faith, religion, gender, ethnicity, sexual orientation, or ability to pay full costs with opportunities to renew, refresh, and nurture their spirit, mind, and body. Silver Bay is dedicated to youth development, healthy living, and social responsibility.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$27,781,294$26,983,873▼ $797,421
Investments in Publicly Traded Securities$15,350,265$17,524,051▲ $2,173,786
Savings and Temporary Cash Investments$2,604,813$1,952,752▼ $652,061
Prepaid Expenses and Deferred Charges$104,726$94,336▼ $10,390
Inventories for Sale or Use$81,449$85,257▲ $3,808
Accounts Receivable$8,671$35,807▲ $27,136
Cash and Non-Interest-Bearing Accounts$21,837$12,113▼ $9,724
Pledges and Grants Receivable$4,295$0▼ $4,295
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0--
Investments Program Related$0--
Loans From Officers Directors$0$0→ $0
Total Assets$45,966,104$46,688,189▲ $722,085
Other Assets Total$8,754$0▼ $8,754
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,505,267$2,358,163▼ $147,104
Accounts Payable and Accrued Expenses$365,145$495,317▲ $130,172
Deferred Revenue$677,070$173,977▼ $503,093
Other Liabilities$8,754$0▼ $8,754
Unsecured Notes Loans Payable$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$3,556,236$3,027,457▼ $528,779
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$35,487,044$36,538,354▲ $1,051,310
Net Assets With Donor Restrictions$6,922,824$7,122,378▲ $199,554
Total Net Assets Fund Balance$42,409,868$43,660,732▲ $1,250,864
Total Liabilities and Net Assets / Fund Balance$45,966,104$46,688,189▲ $722,085

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$21,566,212$16,014,272$37,580,484
Equipment$5,092,825$3,162,854$8,255,679
Land$199,581-$199,581
Other Land Buildings$125,255-$125,255

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2024$1,409,170$126,300-$0$1,535,470
2023$1,327,211$81,959-$0$1,409,170
2022$1,174,211$153,000-$0$1,327,211
2021$927,601$246,610-$0$1,174,211
2020$699,893$227,708-$0$927,601
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Peter DoliberChief Executive OfficerFT$183,736$50,757$234,493
Maletta HouriganChief Financial OfficerFT$117,794$19,643$137,437
Lucas CallahanVice President of Guest ExperienceFT$135,002$324$135,326
Charles Walter LenderVP of Development & Government RelationsFT$106,926$18,152$125,078

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
Morris & Company LLPEmployer Retention Credit advisory services450 Park Avenue South, 12th Floor, New York, NY 10016$233,648
Atherton PaintingPaintingMain Street, Lake George, NY 12845$192,756
Revenue and Support

Revenue Composition

Contributions and Grants
$4,839,191
Program Service Revenue
$5,302,734
Investment Income
$1,068,878
Other Revenue
$159,231
All Other Contributions
$2,859,423
Change in Net Assets
$300,820

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,370,034
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$993,681
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$12,363,715
Total Revenue per Form 990
$11,370,034
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$5,742,815
Other Expenses$5,318,399
Total Fundraising Expense$231,085
Grants and Similar Amounts Paid$8,000
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,845,430$522,315$169,116$4,536,861
Depreciation Depletion$1,438,088--$1,438,088
All Other Expenses$495,414$1,438$19,188$516,040
Occupancy$416,822--$416,822
Other Employee Benefits$283,593$54,593$9,059$347,245
Insurance$333,528$10,950-$344,478
Payroll Taxes$259,062$61,596$12,000$332,658
Current Officers, Directors, Trustees, and Key Employees-$329,155-$329,155
Fees for Services Other$0$312,116$0$312,116
Office Expenses$179,445$19,752$16,479$215,676
Pension Plan Contributions$143,734$53,162$0$196,896
Interest$167,661$13,800-$181,461
Other Expenses$174,844--$174,844
Advertising$116,585--$116,585
Travel$64,499$2,703$5,243$72,445
Payments to Affiliates$0$69,479$0$69,479
Fees for Services Accounting$2,893$25,000-$27,893
Fees for Services Legal-$10,324-$10,324
Grants to Domestic Individuals$8,000--$8,000
Total Functional Expenses$9,351,746$1,486,383$231,085$11,069,214

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$11,112,851
Expenses per Audited Statements$11,069,214
Total Expenses per Form 990$11,069,214
Expenses Not Reported on Form 990$43,637
Expenses Not Reported on Financial Statements$0
Other Expense Adjustments$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B Review of form 990 by governing body

The 990 is prepared by our third-party accounting firm. The 990 is then reviewed by the Chief Executive Officer, Chief Financial Officer, and the Audit Committee. Thereafter, the 990 is then given to the full board of Trustees for review prior to filing.

Form 990, Part VI, Line 12C Conflict of interest policy

Silver bay ymca has a conflict of interest policy in place. Each year the audit committee requires all members of the board of trustees and key employees to read and sign off on the policy. Throughout the year as the association conducts business; the conflict of interest policy is reviewed if the association needs to conduct business with a board member or one of its associates. It is not the practice of the association to conduct business with a board member; but if it is deemed beneficial and responsible to do so, silver bay follows the following steps: the board member involved in the business transaction must excuse themselves from any discussion or related vote. They must update their conflict of interest form to note the extent of the business and the length of time the transaction will take place. If there is a discussion that is relevant to the operations or policies of the association and a board member may have influence or a direct involvement with circumstance, they must make acknowledgement of this. They will then excuse themselves from the discussion and related vote. The audit committee also reviews all update conflict of interest disclosures and informs the full board accordingly. If a case where a conflict of interest is deemed to create a real or percieved benefit to the disclosurer, the audit committee would make a recommendation to the full board as to what additional steps are needed.

Form 990, Part VI, Line 15A Process to establish compensation of top management official

The CEO compensation committee reviews and recommends the compensation package for the Chief Executive Officer. Comparable data is utilized in the process and records are kept of the process. The full Board of Trustees vote on the compensation package and gives final approval.

Form 990, Part VI, Line 15B Process to establish compensation of other employees

The CEO reviews and approves the compensation package for the CFO, and VP positions. The CEO and CFO reviews and approves the compensation package for the other employees. Comparable data is utilized in the process and records are kept of the process.

Form 990, Part VI, Line 19 Required documents available to the public

The governing documents, conflict of interest policy, ad financial statements are available upon request at the organization's business office located at 87 Silver Bay Road, Silver Bay, NY 12874. Inquiries should be sent Attention: CFO, Silver Bay YMCA, 87 Silver Bay Road, Silver Bay, NY 12874.

Form 990, Part VIII, Line 2F Other Program Service Revenue

Other Program Revenue - Total Revenue: 5164323, Related or Exempt Function Revenue: 5164323, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; - Total Revenue: , Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ;

Filing and Contact Details

Filer

Filer Name
Silver Bay Association for Christian Conferences and Training
EIN
13-5604788
Phone
5184388501
Address
87 Silver Bay Road, Silver Bay, NY 12874
Doing Business As
Silver Bay YMCA

Signing Officer

Name
Maletta Hourigan
Title
CFO
Phone
5184388501
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Formed
1941
Legal Domicile
Ny
Voting Board Members
18
Independent Board Members
19
Employees
346
Volunteers
182

Preparer

Firm
Bonadio & Co LLP
Address
171 Sullys Trail, Pittsford, NY 14534
Preparer
Jeffrey Paille
Phone
5853811000
Supplemental Narrative

Additional Explanations

FORM 990, PART III, LINE 4A Program Service Accomplishments

For over 123 years, silver bay association for christian conferences and training (doing business as silver bay ymca) has been a location for churches, schools, and other non-profit organizations to gather for conferences and retreats. Silver bay not only provides room and board for conferences, but supports them with many programs and activities which impact participants in the following ways: -develop wholesome and socially responsible values for daily living, develops moral and ethical behavior based on christian principles. As a ymca, we are for youth development, for healthy living, and for social responsibility. -on youth development: our ymca is committed to nurturing the potential of every child and teen. We believe that all youths deserve the opportunity to discover who they are and what they can achieve to their fullest potential. We strive to help young people cultivate the values, skills, and relationships that lead to positive behaviors, better health, and educational achievement. Our ymca programs offer a range of experiences that enrich cognitive, social, physical, and emotional growth. Expenses include subsidies and direct financial assistance that make participation possible for the young people we engage. -healthy living: the ymca is a leading voice on health and well-being. We create opporunities for families to come together, to enrich their relationships, encourage good health, and deepen their faith and foster connections through fitness, sports, fun, and shared interests. As a result, people in our community, locally and globally, are receiving the support, guidance, and resources they need to achieve greater health in spirit, mind, and body. This is particularly important as our nation struggles with an obesity crisis, families struggle with work/life balance, children struggle with finding their own identity in an increasingly complex world and individuals search for personal fulfillment. Our programs are accessible, affordable, and open to all faiths, backgrounds, abilities, and income levels; we are open to all people. We provided financial assistance to people who otherwise would have faced economic barriers to participate. -on social responsibility; our ymca believes in giving back and supporting our neighbors. We have been listening and responding to our community's most critical social needs for more than 123 years. We offer various ymca programs which include; after school tutoring, arts and crafts and physical activities and "safe harbor" activities (while parents are working); various spiritual life activities (no cost clergy respite, men's and women's prayer groups, book study, spiritual mentorship, grief counseling, church services, marriage ceremonies and funeral services, baptisms and other religious/spiritual services); no-cost military respite for veterans (and their families) returning from overseas deployment; no-cost respite for people undergoing cancer treatment; no-cost or reduced rate vacations made possible for families to experience a vacation; no-cost respite first responders program for first responders and their family; no-cost respite for foster and adoptive family retreat program. These are some examples of how we deliver training, resources, and support that empower our neighbors to affect change, bridge gaps, and overcome obstacles. Programs: brookside trinity respite program serves as a pastor's respite center offering room, board, and personal space for study and prayer. Support services and activities are also provided for immediate family members at no cost to the individual. Approximately 962 people served. Spiritual life programs provide a wide variety of support services including pastoral counseling, career counseling, marriage recovery, worship services, weddings, memorial services, classes, grieving, and prayer groups. Appoximately 5,420 individuals served. -silver bay ymca offers a no cost respite getaway to individuals and families affected by cancer. We partne

Form 990, Part 1, Line 1 Summary

Silver bay association for christian conferences and training (doing business as silver bay ymca) is a charitable organization that serves individuals, families, and conferences regardless of faith, religion, gender, ethnicity, sexual orientation, or ability to pay full costs with opportunities to renew, refresh, and nuture their spirit, mind, and body. Silver bay is dedicated to youth development, healthy living, and social responsibility.

Form 990, Part III, Line 1 Organization Mission

Silver bay association for christian conferences and training (doing business as silver bay ymca) mission is to foster relationships, strengthen communities, and nurture spirit, mind, and body for all. Impact: because of silver bay ymca, personal and family bonds are stronger. People are more connected, respectful, and caring. They have the confidence to develop to their full potential; and to positively impact the communities in which they work and live. As a result, communities are more dynamic, inclusive and diverse. As stewards of lake george, we inspire people to be stewards of the environment while they are visiting our magnificent campus and in their home communties.

Financial Statement Notes

Schedule D, Part V, Line 4 Intended uses of endowment funds

The endowment distribution policy denies withdrawal of the initial gift. the Association's policy permits a spending of income and investment appreciation for purposes designated by the donors.

Schedule D, Part XI, Line 2(D) Other revenues in audited financial statements not in form 990

Cost of goods sold from retail operation - 43637

Schedule D, Part XII, Line 2(D) Other expenses in audited financial statements not in form 990

Cost of goods sold from retail operation - 43637

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