Young Men'S Christian Association of Snohomish County

“Ymca board of trustees executive committee is comprised of chair, vice chair, secretary, treasurer, vice treasurer, and past chair. This committee is authorized to act on behalf of the board.”

“The audit committee reviews the final draft of form 990 internally prepared by ymca staff and reviewed by public tax accountants. Once the audit committee reviews and approves the form 990, the return is distributed to the entire board of trustees prior to filing the return.”

“Annually the board of trustees and all managedment staff complete a conflict of interest questionnaire. The president shall submit a confidential report to the exeutive committee concerning any interest of trustees, officers, volunteers or employees together with his/her actions concerning the same. The president will administer this policy and any disputed action of the presidnt with respect to conflict of interest matters shall be resolve by the executive committee.”

“The executive committee annually conducts an independent review of the total compensation of the chief executive officer. The review includes a determination about the reasonableness of the compensation in light of what is paid to similarly situated executives at other organizations, both for-profit and non-profit. The most recent compensation review was performed during march 2024.”

“The executive committee also annually conducts an independent review of the total compensation of the chief operations officer, chief development officer, and chief financial officer. The review includes a determination about the reasonableness of the compensation in light of what is paid to similarly situated executives at other organizations, both for-profit and non-profit. The most recent compensation review was performed during march 2024.”

“Ymca of snohomish county makes its financial statements, governing documents, and conflict of interest policy available to the public upon request. Financial statements, governing documents, and the conflict of interest policy are emailed, mailed, or delivered to the requestor based on their preferred method of delivery.”

“- 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: ;”

“From the very beginning in 1901, the volunteers of the ymca of snohomish county have served as the heart of the organization. In 2024, 1,837 volunteers provided valuable assistance with policies, programs and activities, donating a total of 32,360 hours of service to the ymca. Each ymca branch is governed by a volunteer board and overseen by the board of trustees. In addition, branches have program committees and engage volunteers as sports coaches, mentors, teen program volunteers, fitness instructors, and in many other functions. Volunteer statistics are determined manually from staff's compilations.”

“The communities we serve are inspired to be spiritually, mentally and physically healthy. People are joyful, hopeful and have fun with others. Youth are optimistic and have a vibrant vision of their future. Individuals are more connected and work hand in hand with each other to build and sustain a thriving community.”

“(Expenses $ 4,449,870 including grants of $) NON-OPERATIONS The major components of expense are amortization and depreciation $2,482,677, financing costs of $1,123,390 on tax exempt bonds used to finance all of the YMCA facilities and other non-operating expenses $843,803”

“Endowment distributions - 224001; change in value of interest rate swap - -95504; change in value of split interest agreement - -134563;”