Frost Valley YMCA

“The Form 990 is prepared by the external auditors and reviewed by management. Revisions, corrections, etc. are made as necessary. Once all are satisfied with the form, it is finalized and a copy is sent to all board members. At the subsequent board meeting, the board is asked if they have any questions or comments and a general review of the form is conducted by management. Revisions, corrections, etc. are made as necessary. Subsequent to this meeting, the form is submitted to the IRS.”

“Annually the compensation committee of the board of trustees conducts a performance review and evaluation of the chief executive officer. The review also establishes the individual's compensation for the following year. This process involves the evaluation of the individual, and a review of compensation of comparable positions of other YMCAs. The board's deliberation and decision is noted in the minutes of the meeting. The chief executive officer establishes the compensation of the senior management team and reviews the performance evaluations and recommended compensation with the board. The evaluations and compensation are discussed by the board although no vote of approval of the executive director's decision is required.”

“The organization makes its governing documents (articles of incorporation and by-laws), its conflict of interest policy, and financial statements available upon request. The organization will mail copies upon request or provide copies to those who come to the administrative offices during normal business hours. The organization charges for the copies in accordance with IRS regulations.”

“The Organization became aware of a material diversion of assets. A forensic accounting and legal team has been hired and the matter has been referred to the New York District Attorney.”

“a copy of the complete 990 is presented to the Board for review and approval before filing.”

“Each year the organization's conflict of interest policy is provided to all officers, directors and key employees. These people are asked to review the policy and sign a statement indicating that they understand the policy, have reported all potential conflicts during the past year in accordance with the policy and will report all potential conflicts during the coming year. All potential conflicts are evaluated by the board to determine if a conflict actually exists. In those instances where the potential transaction is a conflict the board examines the transaction and a vote is taken (with those involved recusing themselves) as to whether the organization will enter into the transaction.”

“Annually. the compensation committee of the Board of Trustees conducts a performance review and evaluation of the CEO. The review also establishes the individual's compensation for the following year. This process involves the evaluation of the individual and a review of compensation of comparable positions of other YMCAs. The Board's deliberation and decision is noted in the minutes of the meeting.”

“The CEO establishes the compensation of the senior management team and reviews the performance evaluations and recommended compensation with the Board. The evaluations and compensation are discussed by the Board although no vote f approval of the CEO's decision is required.”

“THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS (ARTICLES OF INCORPORATION AND BY-LAWS), ITS CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. THE ORGANIZATION WILL MAIL COPIES UPON written REQUEST OR PROVIDE COPIES TO THOSE WHO COME TO THE ADMINISTRATIVE OFFICE DURING NORMAL BUSINESS HOURS. THE ORGANIZATION CHARGES FOR THE COPIES IN ACCORDANCE WITH IRS REGULATIONS.”

“- Total Revenue: , Related or Exempt Function Revenue: , 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: ;”

“Each year the organizations' conflict of interest policy is provided to all officers, directors and key employees. these people are asked to review the policy and sign a statement indicating that they understand the policy, have reported all potential conflicts during the past year in accordance with the policy and report all potential conflicts in the coming year. All potential conflicts are evaluated by the board to determine of a conflict actually exists. In those instances where the potential transaction is a conflict the board examines the transaction and a vote is taken (with those involved recusing themselves) as to whether the organization will enter into the transaction.”

“Tokyo Partnerships - The cross-cultural experiences of the Tokyo program support families and children as they adapt to daily life in the US while, at the same time strengthen bonds within their community. A summer language camp offers intensive focus on ESL for Japanese children coupled with immersion in Japanese language for those preparing to return to Japan with their families. During 2019-20, 1,020 children and their family members participated in their various programs. Expenses$766,779 Revenue $789,685 Other Programs - Community programs are available to provide quality, affordable after school child care and day camp for families in the surrounding rural communities. We also provide a free meal delivery service for families in the town of Denning who otherwise would not be able to provide warm, nutritious meals for their homes. Expenses $347,226 Revenue $540,859”

“(Expenses $ 565,558 including grants of $ 0)(Revenue $ 226,599) THE TOKYO FROST VALLEY YMCA PARTNERSHIP, A UNIQUE GLOBAL COLLABORATION BETWEEN YMCA ASSOCIATIONS BUILT ON OUR MUTUAL VALUES, PROVIDES A HOME BASE FOR JAPANESE FAMILIES TO TAKE REPITE FORMN THE SCHOOL, WORK, AND SOCIAL STRESSES OF LIFE IN A FOREIGN COUNTRY. TO THAT END, FROST VALLEY PROVIDES JAPANESE CHILDREN WITH A UNIQUE SUMMER CAMP EXPERIENCE INCLUDING TYPICAL SUMMER CAMP ACTIVITIES: CAMPFIRES, CABIN GROUPS, OUTDOOR EXPLORATION, AND ADVENTURE PROGRAMS, AS WELL AS CULTURAL IMMERSION PROGRAMS.”

“(Expenses $ including grants of $)”

“Opportunities for more than 40,000 children and adults each year. More than 85% of those served come from schools, community organizations, and families residing in the NY Metropolitan area.”