Young Men'S Christian Association of El

“During the year ended december 31, 2024, the organization lost its chief executive officer and entered into a contract with valley of the sun ymca to receive executive management services. Under this agreement, the organization has appointed an interim chief executive officer and an interim chief operations officer, that are shared with valley of the sun ymca.”

“The 990 is prepared by an outside accounting firm and is reviewed by the audit committee and board of directors prior to being filed with the irs.”

“All members are required to list in detail any conflicts of interest and to sign off on an annual basis. Any governing body member having a potential or actual conflict of interest on any matter shall disclose the existence of the conflict of interest, shall not participate in discussion of that matter unless such participation is required to reach an informed decision, shall not vote on the matter, and may be requested to leave the meeting during subsequent discussion and voting. The minutes of the meeting shall reflect the disclosure and abstention. The governing body shall determine if the proposed action is fair to the association. In making such determinations, the governing body may require a public bidding process or a competitor survey conducted by a disinterested staff member. The results of the bidding or competitive survey may be entered into the minutes. If a bidding process or competitive survey is obtained, it shall be made available to the executive committee for review.”

“Compensation of the ceo is reviewed by the executive committee. Third party data is used to develop consistent standards of compensation. An executive committee made up of independent members of the board of directors reviews and approves the compensation of the chief executive officer. Compensation information from similar size organizations within the ymca network and other nonprofit organizations is used annually to determine compensation levels. All discussions and decisions are documented contemporaneously in the meeting minutes.”

“Annual financial statements are available to the public on the organization's website. Other documents are made available to the public upon request.”

“Other: program service expenses 252,814. Management and general expenses 392,144. Fundraising expenses 10,223. Total expenses 655,181.”

“The process for selection and approval of auditors was not changed from prior years.”