Civic Intelligence

Golden Corridor Family YMCA

EIN 36-3234727 • 501(c)3 • Schaumburg, IL

Profile

The Golden Corridor Family YMCA is committed to developing the spirit, mind and body of all, regardless of financial ability, in a positive, healthy, Christian environment through quality leadership, programs, services, and facilities.

300 W Wise RdSchaumburg, IL 60193-4015

www.campanelliymca.org

Siviq Scores

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

Liabilities / Assets

65th percentile

0.32x

Higher debt load relative to assets than 65% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

75th percentile

0.69x

Higher debt load relative to revenue than 75% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

8th percentile

-32%

Higher net margin than 8% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

60th percentile

$218,310

Higher top officer pay than 60% of similar nonprofits.

Top officer pay equals 4.5% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

9th percentile

-13%

Faster asset growth than 9% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

8th percentile

-32%

Faster revenue growth than 8% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Down

$10,438,341

Down $1,579,061 (-13%) from 2023

Liabilities

Down

$3,387,290

Down $31,382 (-0.9%) from 2023

Net Assets

Down

$7,051,051

Down $1,547,679 (-18%) from 2023

Revenue

Down

$4,905,110

Down $2,297,080 (-32%) from 2023

Expenses

Down

$6,456,694

Down $104,739 (-1.6%) from 2023

Net Income

Down

-$1,551,584

Down $2,192,341 (-342%) from 2023

Trend Graphs

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2016: $10,059,337Liabilities 2016: $2,658,186Net Assets 2016: $7,401,1512016Assets 2017: $11,429,927Liabilities 2017: $3,338,674Net Assets 2017: $8,091,2532017Assets 2018: $11,651,727Liabilities 2018: $3,427,748Net Assets 2018: $8,223,9792018Assets 2019: $11,108,347Liabilities 2019: $3,054,156Net Assets 2019: $8,054,1912019Assets 2020: $10,895,750Liabilities 2020: $3,725,104Net Assets 2020: $7,170,6462020Assets 2021: $11,491,127Liabilities 2021: $4,190,407Net Assets 2021: $7,300,7202021Assets 2022: $11,513,093Liabilities 2022: $3,565,509Net Assets 2022: $7,947,5842022Assets 2023: $12,017,402Liabilities 2023: $3,418,672Net Assets 2023: $8,598,7302023Assets 2024: $10,438,341Liabilities 2024: $3,387,290Net Assets 2024: $7,051,0512024

Highlighted filing

2024

Assets$10,438,341
Liabilities$3,387,290
Net Assets$7,051,051

Operations Trend

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

$10M$5.0M$0-$5.0MRevenue 2016: $7,706,025Expenses 2016: $6,060,484Net Income 2016: $1,645,5412016Revenue 2017: $6,977,384Expenses 2017: $6,294,104Net Income 2017: $683,2802017Revenue 2018: $6,612,739Expenses 2018: $6,485,925Net Income 2018: $126,8142018Revenue 2019: $6,507,516Expenses 2019: $6,661,198Net Income 2019: -$153,6822019Revenue 2020: $4,499,018Expenses 2020: $5,390,901Net Income 2020: -$891,8832020Revenue 2021: $4,655,824Expenses 2021: $4,870,079Net Income 2021: -$214,2552021Revenue 2022: $6,355,656Expenses 2022: $5,783,616Net Income 2022: $572,0402022Revenue 2023: $7,202,190Expenses 2023: $6,561,433Net Income 2023: $640,7572023Revenue 2024: $4,905,110Expenses 2024: $6,456,694Net Income 2024: -$1,551,5842024

Highlighted filing

2024

Revenue$4,905,110
Expenses$6,456,694
Net Income-$1,551,584

Filings

Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2021 below.

Jump To
Filing Snapshot
Filing Period
Sep 1, 2020 to Aug 31, 2021
Signed
Jun 12, 2023
Return Version
2020v4.0
Gross Receipts
$4,655,824
Mission and Program Overview

Mission

The Golden Corridor Family YMCA is committed to developing the spirit, mind and body of all, regardless of financial ability, in a positive, healthy, Christian environment through quality leadership, programs, services, and facilities.

Multi-service human care charitable membership organization. Christian in its heritage.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,380,985$8,695,985▼ $685,000
Cash and Non-Interest-Bearing Accounts$606,339$1,510,228▲ $903,889
Investments Other Securities$264,449$495,178▲ $230,729
Pledges and Grants Receivable$424,977$486,548▲ $61,571
Savings and Temporary Cash Investments$81,403$214,900▲ $133,497
Inventories for Sale or Use$72,302$69,654▼ $2,648
Accounts Receivable$59,385$11,304▼ $48,081
Prepaid Expenses and Deferred Charges$4,710$6,130▲ $1,420
Other Notes and Loans Receivable, Net$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$10,895,750$11,491,127▲ $595,377
Other Assets Total$1,200$1,200→ $0
Liabilities
Mortgage Notes Payable Secured by Investment Property$3,200,194$3,878,877▲ $678,683
Accounts Payable and Accrued Expenses$410,775$175,081▼ $235,694
Deferred Revenue$67,408$82,134▲ $14,726
Escrow Account Liability$46,727$54,315▲ $7,588
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Other Liabilities$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$3,725,104$4,190,407▲ $465,303
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$7,001,054$7,120,720▲ $119,666
Net Assets With Donor Restrictions$169,592$180,000▲ $10,408
Total Net Assets Fund Balance$7,170,646$7,300,720▲ $130,074
Total Liabilities and Net Assets / Fund Balance$10,895,750$11,491,127▲ $595,377

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$7,970,863$9,077,988$17,048,851
Equipment$402,787$1,356,838$1,759,625
Other Land Buildings$66,538$276,110$342,648
Land$255,797-$255,797
Leasehold Improvements$0$0$0

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$0$0→ $0$0$0
2019$140,427$31,934▲ $2,769$2,769$169,592
2018$64,261$146,780▲ $70,614$70,614$140,427
2017$664,549$252,197▲ $852,485$852,485$64,261
2016$2,193$945,646▲ $1,837,261$1,837,261$664,549
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Doug BrittCEOFT$165,000$165,000

Board Members and Trustees

NameTitle
Jim HabelChair
Dr David SamDirector
John ReganDirector
Marilyn TenovitsDirector
Michael RobieDirector
Nazneen HashmiDirector
Rodney CraigDirector
Syed HussainiDirector
Thomas SchneiderDirector
Carl SwansonSecretary
Dan FinneranTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$873,505
Program Service Revenue
$3,662,393
Investment Income
$0
Other Revenue
$119,926
All Other Contributions
$282,453
Change in Net Assets
$-214,255

Audited Revenue Reconciliation

Revenue per Audited Statements
$4,655,824
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$344,329
Total Revenue per Audited Statements
$5,000,153
Total Revenue per Form 990
$4,655,824
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$2,616,604
Salaries, Compensation, and Employee Benefits$2,253,475
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,001,187$0$0$2,001,187
Depreciation Depletion$685,000$0$0$685,000
Fees for Services Other$379,829$0$0$379,829
Occupancy$373,703$0$0$373,703
Office Expenses$283,336$0$0$283,336
Other Employee Benefits$211,814$0$0$211,814
Current Officers, Directors, Trustees, and Key Employees$0$165,000$0$165,000
Interest$79,392$0$0$79,392
Insurance$53,614$0$0$53,614
Information Technology$50,030$0$0$50,030
Advertising$28,828$0$0$28,828
Fees for Services Accounting$19,000$0$0$19,000
All Other Expenses$7,977$7,853$0$15,830
Travel$13,411$0$0$13,411
Conferences and Meetings$5,855$0$0$5,855
Payroll Taxes$-124,526$0$0$-124,526
Total Functional Expenses$4,697,226$172,853$0$4,870,079

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$4,870,079
Total Expenses per Audited Statements$4,870,079
Total Expenses per Form 990$4,870,079
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
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
Yes
Annual disclosure for covered persons
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
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Part VI, Line 12C

Governing Board members Chair Committee heads and Finance Committee meets every month to discuss any financial compliance and fiduciary issues as part of standard operating proceedures

Part VI, Line 15

Board annual review process Standard HR annual evaluation process

Filing and Contact Details

Filer

Filer Name
Golden Corridor Family Ymca
EIN
36-3234727
In Care Of
% Douglas Britt
Phone
6309805610
Address
300 W WISE RD, SCHAUMBURG, IL 60193-4015

Signing Officer

Name
Doug Britt
Title
CEO
Signed
2023-06-12
Discuss with paid preparer
No

Organization Details

Formed
1983
Legal Domicile
Il
Voting Board Members
9
Independent Board Members
9
Employees
250
Volunteers
20
Supplemental Narrative

Financial Statement Notes

Part X, line 2

FASB guidance requires tax effect from uncertain tax positions to be recognizedd in the financial statements only if the position is more likely than not to be sustained if challenged by a taxing authority. Management has determined that there are no material uncertain positions that require recognition in the financial statements. The tax years after 2016 are still open to audit for both federal and state purposes

Raw XML AppendixShowing 400 of 841 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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