Better Business Bureau Report for
YMCA of Southern Indiana

Better Business Bureau Report issued March 2011
Better Business Bureau Report expires March 2013


This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...


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Charity Contact Information

Name: YMCA of Southern Indiana
Address: 4812 Hamburg Pike
  Jeffersonville, IN 47130
Phone: 812-283-9622
Web Address: www.ymcasi.org
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Better Business Bureau Comments

Year, State Incorporated: 1986, Indiana
Affiliates: None
Stated Purpose: The YMCA of Southern Indiana is a not-for-profit health and human services organization committed to helping people grow in spirit, mind and body.

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Evaluation Conclusions

               

YMCA of Southern Indiana meets the 20 Standards for Charity Accountability.
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Programs

               

The YMCA of Southern Indiana's programs and services include: --child care services --activities and programs for teens --older adult programs --youth sports --senior adult programs --aquatics --volunteer opportunities

For the fiscal year ended June 30, 2011, YMCA of Southern Indiana's program expenses were:

  
Program services 7,083,898
Total Program Expenses: $7,083,898
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Governance

               

Chief Executive : Joseph LaRocca, Chief Executive Officer
Compensation*:

Chair of the Board: Robert Kleehamer
Chair's Profession / Business Affiliation: VP Business Development, River Valley Financial Bank

Board Size: 21

Paid Staff Size: 675

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Fund Raising

               

Method(s) Used:

direct mail, invitations to fund raising events, grant proposals, internet, planned giving arrangements, membership, face-to-face appeals
Fund raising costs were 1% of related contributions. (Related contributions, which totaled $829,613, are donations received as a result of fund raising activities.)
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Tax Status

               

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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Financial

               

The following information is based on the YMCA of Southern Indiana’s audited financial statements for the year that ended June 30, 2011.

Ending net assets as reported below include $8,797,124 in unrestricted net assets and $92,538 in temporarily restricted net assets.

Total assets as reported include $15,577,096 invested in property and equipment, net.


Source of Funds  
Memberships 4,908,287
Program Service Revenue 1,473,132
Grants 591,802
Contributions 237,811
Gain/Loss on Derivative 73,039
Outside Sales 68,614
Special Events 9,880
Scribner Gardens 4,650
Gain/Loss on Sale of Equipment 1,938
Investment Income 1,034
Total Income $7,370,187


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Uses of Funds as a % of Total Expenses

Programs: 94%  Fund Raising: Less than 1%  Administrative: 6% 

Total income   $7,370,187
  Program expenses $7,083,898
  Fund raising expenses 4,593
  Administrative expenses 432,022
 
Total expenses   $7,520,513
Expenses in Excess of Income   (150,326)
Beginning net assets   9,039,988
Ending net assets   8,889,662
Total liabilities   7,814,105
Total assets   $16,703,767

This report was originally issued in March 2011. Financial information in the report was updated in March 2012.

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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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