Better Business Bureau Report for
YMCA of Southern Indiana

Better Business Bureau Report issued December 2014
Better Business Bureau Report expires December 2016


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, 2014, YMCA of Southern Indiana's program expenses were:

  
Employee Compensation 3,275,190
Occupancy 867,616
Depreciation 594,290
Contractual Services 418,886
Supplies 386,201
Donated Services 158,850
Equipment 118,369
Bad Debt 75,110
Dues and Subscriptions 59,873
Travel and Employee Expenses 53,490
Printing and Publications 48,283
Awards and Grants 37,100
Telephone and Internet 28,378
Conferences and Conventions 18,392
Postage and Shipping 15,873
Total Program Expenses: $6,155,901
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Governance

              

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

Chair of the Board: Martin Padgett
Chair's Profession / Business Affiliation: CEO Clark Memorial Hospital

Board Size: 21

Paid Staff Size: 450

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Fund Raising

              

Method(s) Used:

Methods of fund raising include direct mail, telephone, invitations to fund raising events, print advertisements, internet, planned giving arrangements, and membership.

In addition, the YMCA of Southern Indiana is a Metro United Way member agency.

Fund raising costs were 10% of related contributions. (Related contributions, which totaled $873,413, 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 YMCA of Southern Indiana's audited financial statements for the fiscal year ended June 30, 2014.

Ending net assets as reported below include $8,120,119 in unrestricted net assets and $398,459 in temporarily restricted net assets.

Total assets as reported below include $14,129,089 invested in property and equipment, net.





Source of Funds  
Membership Dues 4,312,886
Program Services 1,602,858
Grants 551,257
Donated Facilities and Services 158,850
Contributions 135,123
Sales 41,382
Special Events 28,183
Miscellaneous 11,642
Investment Income 950
Gain (Loss) on Derivative -3,425
Gain (Loss) on Disposal of Assets -36,077
Total Income $6,803,629


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Uses of Funds as a % of Total Expenses

Programs: 86%  Fund Raising: 1%  Administrative: 13% 

Total income $6,803,629
Program expenses $6,155,901
Fund raising expenses 85,215
Administrative expenses 933,721
Total expenses $7,174,837
Expenses in Excess of Income (371,208)
Beginning net assets 8,491,327
Ending net assets 8,120,119
Total liabilities 6,989,198
Total assets $15,109,317


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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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