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. The Boards of the YMCA of Southern Indiana and the YMCA of Greater Louisville voted to merge, effective January 1, 2016. The two YMCAs joined under the name of the YMCA of Greater Louisville.

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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, 2015, YMCA of Southern Indiana's program expenses were:

  
Program services 5,952,421
Total Program Expenses: $5,952,421
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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 8% of related contributions. (Related contributions, which totaled $1,101,656, 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 fiscal year ended June 30, 2015.

Ending net assets as reported below include $7,624,745 in unrestricted net assets and $538,214 in temporarily restricted net assets.

Total assets as reported below include $13,741,250 invested in property and equipment, net.





Source of Funds  
Membership Dues 4,057,160
Program Services 1,727,150
Grants 549,719
Contributions 404,005
Donated Facilities and Services 116,025
Miscellaneous 68,618
Sales 38,155
Special Events 31,907
Investment Income 975
Gain (Loss) on Disposal of Assets -347
Total Income $6,993,367


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Uses of Funds as a % of Total Expenses

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

Total income $6,993,367
Program expenses $5,952,421
Fund raising expenses 82,735
Administrative expenses 915,371
Total expenses $6,950,527
Income in Excess of Expenses 42,840
Beginning net assets 8,120,119
Ending net assets 8,162,959
Total liabilities 6,532,068
Total assets $14,695,027

This report was orginally issued in December 2014. Financial information was updated in March 2016.

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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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