St. Cloud Area Family YMCA

“The finance committee reviewed and approved the form 990 and presented it to the board for final approval before it was filed with the irs .”

“All board members and the executive director are required to disclose potential conflicts of interest annually and sign a conflict of interest policy statement. Board members must abstain from voting on any issues where there is a potential conflict of interest.”

“The compensation of the executive director is approved annually by the board of directors.”

“A summary version of the financial statements are published in the annual report and also is available upon request.”

“- 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: ;”

“(Expenses $ including grants of $) Our YMCA is committed to nurturing the spirit, mind and body of every child, teen and adult. We assist our community members in three ways. First, we provide programs targeted to increase health. This includes partnerships and programs for those who struggle with health issues, including multiple sclerosis, arthritis and weight management. Through a partnership with CentraCare Health System, patients recovering from a cardiac-related health issue are transitioned to the Y for their cardiac rehabilitation program. The second way we assist our community is with our scholarship program. Members may join the YMCA and pay on a scale prorated to their ability to pay. We operate this program in a confidential way, in order to free our members from any possible social stigma. Using the criteria of the federal free lunch program, participants may pay as little as 40% of the normal costs for membership and/or program participation. Our scholarship program also assists students from local colleges and universities. During 2019, our YMCA provided 826 individual or family units with a scholarship for memberships and subsidized the membership fees for 353 St. Cloud Technical and Community College students and nontraditional students, amounting to $330,380 of financial assistance for memberships alone. The YMCA also provided scholarships for swim lessons, swim team, youth sports, summer and vacation camp, home school fitness program participants and childcare in the amount of $18,987 and scholarships for our supervised visits program in the amount of $20,078. The third way we assist our community is through partnerships with community non-profits and schools. Participation in YMCA programs and facilities promotes social interaction, overall health, builds self-esteem and develops social networking relationships. Some of these collaborations include District 742 Schools, Boys and Girls Clubs, Place of Hope, Journey Home, Northway Group Home, Focus 12, Anna Marie's, Big Brothers/Big Sisters, 180 degrees, The Youth House, Salvation Army, Terebinth Refuge and various Preschool, Head Start and Early Childhood programs. We issued $41,216 of community outreach scholarships, which provides free access to families in transition homes such as Place of Hope and Anna Marie's, and over $612,060 of community discounts to ensure our programs are accessible, affordable and open to all faiths, backgrounds, abilities and income levels. It is also our honor and privilege to provide free memberships for military (OIF/OEF) families while the service person is deployed. This allows full facility and program participation for the service member and their families. In total, our YMCA provided over $981,500 of scholarships and discounts in 2019. It's important to note that all members, including those receiving scholarships, receive discounted program rates (usually $20 per program). We want all our members to be full, active participants in our community.”

“There has been no change to this process from prior year. The finance committee assumes responsibility for oversight of the audit of the financial statements and the selection of an independent accountant.”