Better Business Bureau Report for
YMCA of Southern Indiana

Better Business Bureau Report issued January 2013
Better Business Bureau Report expires January 2015


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, 2013, YMCA of Southern Indiana's program expenses were:

  
Program services 6,805,327
Total Program Expenses: $6,805,327
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Governance

              

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

Chair of the Board: Ruth Schmidt, R.N.
Chair's Profession / Business Affiliation: Vice President Ambulatory Services, Clark Memorial Hospital

Board Size: 22

Paid Staff Size: 500

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Fund Raising

              

Method(s) Used:

Methods of fund raising direct mail, telephone, print advertisements, and radio.

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

Fund raising costs were 7% of related contributions. (Related contributions, which totaled $1,171,486, 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, 2013.

Ending net assets as reported below include $8,009,122 in unrestricted net assets and $482,205 in temporarily restricted net assets.

Total assets as reported below include $14,644,397 invested in property and equipment, net.


Source of Funds  
Membership dues and assessments 4,604,851
Program service revenue 1,639,296
Grants 673,012
Contributions 398,750
Gain on derivative 178,096
Donated facilities, materials, and services 72,758
Sales 41,485
Special events 26,966
Other 23,662
Total Income $7,658,876


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Uses of Funds as a % of Total Expenses

Programs: 89%  Fund Raising: 1%  Administrative: 10% 

Total income $7,658,876
Program expenses $6,805,327
Fund raising expenses 76,717
Administrative expenses 788,726
Total expenses $7,670,770
Expenses in Excess of Income (11,894)
Beginning net assets 8,503,221
Ending net assets 8,491,327
Total liabilities 7,458,873
Total assets $15,950,200

This report was originally issued in January 2013. Financial information was updated in March 2014.

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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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