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BBB Reliability Report for

Gaston County Family YMCA, Inc.


A BBB Accredited Charity since 11/03/2015.


This BBB Accredited Charity meets all 20 Standards for Charity Accountability and is a Seal Holder.
BBB issues Charity Reports on all organizations, whether or not they are BBB accredited. If an organization is a BBB Accredited Charity, it is stated in this report.
Name: Gaston County Family YMCA, Inc.
Phone: (704) 865-8551
Fax: (704) 867-8461
Address: 201 S Clay St
Gastonia, NC 28052-3876
Yahoo Map
Website: www.gastonymca.org
Report Creation Date: December 30, 2014
Report Expiration Date: February 5, 2017
Original Business Start Date: June 1956
Principal: Mr. Tony Sigmon, CEO
Customer Contact: Mr. Tony Sigmon, CEO - (704) 865-8551 or
Entity: Corporation
Incorporated: June 1956, NC
Employees: 477 Full Time.
Type of Business: Charity - Community Development & Civic Organizations, Charity - Local
BBB Accreditation: Gaston County Family YMCA, Inc. is a BBB Accredited Charity.

Stated Purpose

Gaston County Family YMCA is a community service organization that includes men, women, and children of all ages, abiities, income, races, and religions. The organization is dedicated to building strong kids, families, and communities by putting Christian principles into practice through programs that promote healthy lifestyles, strong values, leadership development, community interaction and international understanding.


Evaluation Conclusions

This organization has been evaluated according to the 20 BBB Standards for Charity Accountability. This organization meets all those Standards and is a BBB Accredited Charity.


BBB Charity Seal Participation

Charities that meet the Standards for Charity Accountability are eligible to participate in BBB Wise Giving Alliance Charity Seal program. The seal, which can be displayed on the charity's web site and in printed materials, helps inform the public that the charity meets these standards. This organization participates in this program.


Programs

Gaston County Family YMCA provides high quality child care through comprehensive activities for preschool and school age children, health and wellness programs for youth and adults through programs that promote regular exercise, proper nutrition, stress management and health education, and youth, teen and family programs designed to give kids good role models which help develop self-esteem adn good values.

Total Program Expenses:$4,389,020

Governance

Chief Executive Officer:Mr. Tony Sigmon, CEO
Board Size:29
Paid Staff Size:477 Full Time.

Fund Raising

Method(s) Used:The fundraising methods used include telephone appeal scripts, grant proposals, and face-to-face requests.


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.


Financial

According to Gaston County Family YMCA, Inc.'s IRS 990 for the year ended December 31, 2013:

Income
 Total Income:$5,146,806
 
Expenses  % of total
Expenses
% of total
Income
 Programs:$4,389,020 83.61%85.28%
 Fund Raising:$228,850 4.36%4.45%
 Administrative:$631,480 12.03%12.27%
 Other:$0 0.00%0.00%
 Total Expenses:$5,249,350
 
* Excess of Expenses over Income$102,544
Ending Net Assets:$5,709,018
Total Assets$7,908,010
Total Liabilities$2,198,992

* Excess for the year indicates the portion of income remaining after expenses.


ID: 109120
Report as of December 8, 2016 12:12
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