Attach to Form 990 or Form 990-EZ.
Go to
www.irs.gov/Form990 for instructions and the latest information.
| (i) Name of supported organization | (ii) EIN | (iii) Type of organization (described on lines 1- 10 above (see instructions)) | (iv) Is the organization listed in your governing document? | (v) Amount of monetary support (see instructions) | (vi) Amount of other support (see instructions) | |
|---|---|---|---|---|---|---|
| Yes | No | |||||
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Total |
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Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") .. | ||||||
| 2 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.... | ||||||
| 3 | The value of services or facilities furnished by a governmental unit to the organization without charge.. | ||||||
| 4 | Total. Add lines 1 through 3 | ||||||
| 5 | The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f).. | ||||||
| 6 | Public support. Subtract line 5 from line 4. | ||||||
Calendar year
(or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 7 | Amounts from line 4.. | ||||||
| 8 | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... | ||||||
| 9 | Net income from unrelated business activities, whether or not the business is regularly carried on.. | ||||||
| 10 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. | ||||||
| 11 | Total support. Add lines 7 through 10 | ||||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | 3,956,502 | 3,318,289 | 3,026,967 | 3,303,385 | 2,493,322 | 16,098,465 |
| 2 | Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | 20,330,919 | 21,845,743 | 23,365,994 | 23,624,262 | 24,278,385 | 113,445,303 |
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | ||||||
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | ||||||
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | ||||||
| 6 | Total. Add lines 1 through 5 | 24,287,421 | 25,164,032 | 26,392,961 | 26,927,647 | 26,771,707 | 129,543,768 |
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | 96,000 | 44,150 | 24,650 | 203,191 | 34,031 | 402,022 |
| b | Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year. | 0 | |||||
| c | Add lines 7a and 7b.. | 96,000 | 44,150 | 24,650 | 203,191 | 34,031 | 402,022 |
| 8 | Public support. (Subtract line 7c from line 6.) | 129,141,746 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2015 | (b) 2016 | (c) 2017 | (d) 2018 | (e) 2019 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | 24,287,421 | 25,164,032 | 26,392,961 | 26,927,647 | 26,771,707 | 129,543,768 |
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | 356,219 | 279,484 | 336,314 | 381,166 | 348,678 | 1,701,861 |
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | ||||||
| c | Add lines 10a and 10b. | 356,219 | 279,484 | 336,314 | 381,166 | 348,678 | 1,701,861 |
| 11 | Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on. | 60,260 | 52,689 | 112,949 | |||
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | 146,048 | 245,243 | 227,423 | 618,714 | ||
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | 24,789,688 | 25,688,759 | 26,956,698 | 27,369,073 | 27,173,074 | 131,977,292 |
| Section A - Adjusted Net Income | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Net short-term capital gain | 1 | ||||
| 2 | Recoveries of prior-year distributions | 2 | ||||
| 3 | Other gross income (see instructions) | 3 | ||||
| 4 | Add lines 1 through 3 | 4 | ||||
| 5 | Depreciation and depletion | 5 | ||||
| 6 | Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) | 6 | ||||
| 7 | Other expenses (see instructions) | 7 | ||||
| 8 | Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) | 8 | ||||
| Section B - Minimum Asset Amount | (A) Prior Year |
(B) Current Year (optional) |
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| 1 | Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): | 1 | ||||
| a | Average monthly value of securities | 1a | ||||
| b | Average monthly cash balances | 1b | ||||
| c | Fair market value of other non-exempt-use assets | 1c | ||||
| d | Total (add lines 1a, 1b, and 1c) | 1d | ||||
| e |
Discount claimed for blockage or other factors (explain in detail in Part VI): |
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| 2 | Acquisition indebtedness applicable to non-exempt use assets | 2 | ||||
| 3 | Subtract line 2 from line 1d | 3 | ||||
| 4 | Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions). | 4 | ||||
| 5 | Net value of non-exempt-use assets (subtract line 4 from line 3) | 5 | ||||
| 6 | Multiply line 5 by .035 | 6 | ||||
| 7 | Recoveries of prior-year distributions | 7 | ||||
| 8 | Minimum Asset Amount (add line 7 to line 6) | 8 | ||||
| Section C - Distributable Amount | Current Year | |||||
| 1 | Adjusted net income for prior year (from Section A, line 8, Column A) | 1 | ||||
| 2 | Enter 85% of line 1 | 2 | ||||
| 3 | Minimum asset amount for prior year (from Section B, line 8, Column A) | 3 | ||||
| 4 | Enter greater of line 2 or line 3 | 4 | ||||
| 5 | Income tax imposed in prior year | 5 | ||||
| 6 | Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) | 6 | ||||
| Section D - Distributions | Current Year | |
|---|---|---|
| 1 Amounts paid to supported organizations to accomplish exempt purposes | ||
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
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| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | ||
| 4 Amounts paid to acquire exempt-use assets | ||
| 5 Qualified set-aside amounts (prior IRS approval required) | ||
| 6 Other distributions (describe in Part VI). See instructions | ||
| 7Total annual distributions. Add lines 1 through 6. | ||
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
||
| 9 Distributable amount for 2019 from Section C, line 6 | ||
| 10 Line 8 amount divided by Line 9 amount | ||
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2019 |
(iii) Distributable Amount for 2019 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2019 from Section C, line 6 | ||||
|
2
Underdistributions, if any, for years prior to 2019 (reasonable cause required-- explain in Part VI). See instructions. |
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| 3 Excess distributions carryover, if any, to 2019: | ||||
| a From 2014....... | ||||
| b From 2015....... | ||||
| c From 2016....... | ||||
| d From 2017....... | ||||
| e From 2018....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2019 distributable amount | ||||
|
i
Carryover from 2014 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from 3f. | ||||
| 4Distributions for 2019 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2019 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from 4. | ||||
|
5
Remaining underdistributions for years prior to 2019, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions. |
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|
6
Remaining underdistributions for 2019. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions. |
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7 Excess distributions carryover to 2020. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2015..... | ||||
| b Excess from 2016..... | ||||
| c Excess from 2017..... | ||||
| d Excess from 2018..... | ||||
| e Excess from 2019..... | ||||
| Facts And Circumstances Test |
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| Return Reference | Explanation |
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| Software ID: | |
| Software Version: |
Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PART III, LINE 1: MISSION STATEMENT: | THE YMCA IS A POWERFUL ASSOCIATION OF MEN, WOMEN, AND CHILDREN COMMITTED TO BRINGING ABOUT LASTING PERSONAL AND SOCIAL CHANGE. WITH A FOCUS ON NURTURING THE POTENTIAL OF EVERY CHILD AND TEEN, IMPROVING THE NATION'S HEALTH AND WELL-BEING AND PROVIDING OPPORTUNITIES TO GIVE BACK AND SUPPORT NEIGHBORS, THE YMCA ENABLES YOUTH, ADULTS, FAMILIES, AND COMMUNITIES TO BE HEALTHY, CONFIDENT, CONNECTED AND SECURE. EACH DAY, WE WORK SIDE-BY-SIDE WITH OUR NEIGHBORS TO MAKE SURE THAT EVERYONE, REGARDLESS OF AGE, INCOME, OR BACKGROUND, HAS THE OPPORTUNITY TO LEARN, GROW, AND THRIVE. FROM QUALITY OUT-OF-SCHOOL PROGRAMMING AND LIFE-SAVING SWIM LESSONS TO VALUE-BASED YOUTH SPORTS AND ENGAGING HEALTHY ACTIVITIES FOR THE ENTIRE FAMILY, THE Y'S PROGRAMS AND INITIATIVES STAY TRUE TO OUR MISSION. WE ARE PROUD TO HELP MORE THAN 128,000 PEOPLE IN OUR COMMUNITY RECEIVE THE SUPPORT, GUIDANCE, AND RESOURCES THEY NEED TO ACHIEVE GREATER HEALTH IN SPIRIT, MIND, AND BODY. |
| FORM 990, PART III, STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS: | THE YMCA OF THE SUNCOAST IS A CAUSE-DRIVEN CHARITABLE ORGANIZATION THAT STRENGTHENS THE FOUNDATIONS OF COMMUNITY THROUGH YOUTH DEVELOPMENT, HEALTHY LIVING, AND SOCIAL RESPONSIBILITY. SERVING 128,000 MEN, WOMEN, AND CHILDREN IN CITRUS, HERNANDO, PASCO, AND PINELLAS COUNTIES, THE Y PROVIDES OPPORTUNITIES FOR ALL AGES TO LEARN, GROW, AND THRIVE. THERE ARE THREE AREAS OF FOCUS THAT ALLOW US TO FULFILL OUR MISSION EACH AND EVERY DAY. THROUGH YOUTH DEVELOPMENT, HEALTHY LIVING, AND SOCIAL RESPONSIBILITY, THE Y CAN PROMISE AND DELIVER LASTING PERSONAL AND SOCIAL CHANGE. |
| FORM 990, PART III, LINE 2 | THE YMCA OF THE SUNCOAST HAS CONTINUED TO STRENGTHEN MEANINGFUL PARTNERSHIPS AND HAS DEVELOPED NEW RELATIONSHIPS IN THE PAST YEAR WITH NATIONAL AND LOCAL ORGANIZATIONS TO PROVIDE NEW OPPORTUNITIES AND BENEFITS FOR THOSE WE SERVE IN OUR COMMUNITIES. - PEDALING FOR PARKINSON'S BEGAN AT OUR CITRUS MEMORIAL HEALTH FOUNDATION BRANCH AS PART OF A NATIONWIDE EIGHT-WEEK PROGRAM DESIGNED TO FORESTALL THE PROGRESSION OF PARKINSON'S DISEASE AND ALLEVIATE A BROAD RANGE OF SYMPTOMS ASSOCIATED WITH THE DISEASE. PARTICIPANTS RIDE THROUGH GUIDED INSTRUCTION THREE TIMES A WEEK AT NO COST TO ANY COMMUNITY MEMBER. - A MIDDLE SCHOOL MENTORING PROGRAM WAS STARTED AT OUR GREATER PALM HARBOR BRANCH IN PARTNERSHIP WITH THE MIDDLE SCHOOL, WHICH IDENTIFIED STUDENTS AT-RISK AND IN NEED OF MENTORING. THIRTEEN STUDENTS RECEIVE ONE-ON-ONE MENTORING, SUPPORT, AND GUIDANCE EACH WEEK FROM A Y VOLUNTEER ON SOCIAL, BEHAVIORAL AND EDUCATIONAL SKILLS AND DEVELOPMENT. - 4 SQUARE WAS LAUNCHED IN CONJUNCTION WITH HIGH POINT ELEMENTARY SCHOOL, GIVING STUDENTS A STRUCTURED RECESS AND OUTDOOR TIME WITH A FOCUS ON CHARACTER BUILDING. THE ELEMENTARY SCHOOL IS SITUATED IN AN UNDERSERVED NEIGHBORHOOD. |
| FORM 990, PART III, LINE 4A, DESCRIPTION OF PROGRAM SERVICE: | - DEVELOPED IN PARTNERSHIP WITH THE PARENT ORGANIZATIONS, LEADERSHIP PINELLAS AND LEADERSHIP CITRUS, YOUTH LEADERSHIP PINELLAS, AND YOUTH LEADERSHIP CITRUS SEEK TO EDUCATE INTERESTED HIGH SCHOOL TEENS LIVING IN THOSE COUNTIES ON COMMUNITY ISSUES, DEVELOP LEADERSHIP POTENTIAL, AND FOSTER INVOLVEMENT IN COMMUNITY SERVICES. THE ANNUAL NINE-MONTH PROGRAM IS A PARTNERSHIP BETWEEN THE ADULT-RUN LEADERSHIP ORGANIZATION AND THE YMCA OF THE SUNCOAST. EACH CLASS HAS THE OPPORTUNITY TO MEET COMMUNITY DECISION-MAKERS, AND GRADUATES ARE BETTER PREPARED TO TAKE ON LEADERSHIP ROLES OF THEIR OWN. THE CLASSES RUNNING THROUGH SPRING 2019 INCLUDED 48 STUDENTS. - AT FIVE OF OUR BRANCHES, LEADERS CLUB MEETS AND INSTILLS POSITIVE DISCIPLINE BY DEVELOPING LEADERSHIP QUALITIES, BUILDING SELF-ESTEEM, AND A SENSE OF ACCOMPLISHMENT THROUGH A SERIES OF WELL-ROUNDED TRAININGS IN THE AREA OF PHYSICAL EDUCATION, HEALTHY LIVING, PERSONAL GROWTH, AND VALUES. STUDENTS LEARN VALUABLE WORK AND GAIN COMMUNITY SERVICE EXPERIENCE THROUGH VOLUNTEER ACTIVITY. IN 2019, 123 YOUTH AGES 12-17 TOOK PART IN OUR LEADERS CLUBS. - IN 2019, 24 OF OUR TEENS GATHERED WITH OTHERS FROM AROUND THE COUNTRY AT BLUE RIDGE LEADERS SCHOOL IN BLUE RIDGE, NORTH CAROLINA, FOR A WEEK-LONG PROGRAM THAT TEACHES TEEN LEADERSHIP DEVELOPMENT THROUGH YMCA HEALTH AND PHYSICAL EDUCATION. OUR LEADERS CLUBS MEMBERS PARTICIPATED IN HEALTHY ACTIVITIES WHILE DEMONSTRATING TRADITIONAL CHRISTIAN VALUES. WE CONTINUE WORK IN OUR EARLY LEARNING READINESS (ELR) PROGRAM AT THE HIGH POINT YMCA AND THE CLEARWATER YMCA WITH TWO GROUPS OF CAREGIVERS AND CHILDREN. THIS FREE PROGRAM TARGETS HISPANIC/LATINO FAMILIES AND IS FOR CAREGIVERS, PARENTS, AND THEIR CHILDREN AGED FIVE AND UNDER. THE Y'S PROGRAM HELPS CHILDREN WITH LANGUAGE SKILLS AND PREPARES THEM ENTER SCHOOL READY TO SUCCEED. IN 2019, THE PROGRAM GAVE 57 PARENTS, CAREGIVERS, AND CHILDREN SKILLS TO ENCOURAGE LEARNING. WE OFFER CHILDREN THE OPPORTUNITY TO LEARN TO FISH AND RESPECT THE ENVIRONMENT WITH TWO KIDS' FISHING TOURNAMENTS HELD ACROSS THE SERVICE AREA DURING THE YEAR. APPROXIMATELY 200 CHILDREN BENEFIT FROM THESE VOLUNTEER-LED EVENTS EACH YEAR. |
| FORM 990, PART III, LINE 4B, PROGRAM SERVICE ACCOMPLISHMENTS: | YMCA POOLS ARE USED FOR PEOPLE WITH DISABILITIES REGULARLY AS WELL AS SCUBA PROGRAMS, PRIVATE SWIM LESSONS, SWIM TEAMS AND MEETS, AND LIFEGUARD TRAINING CLASSES. THE YMCA CONTINUES TO PROVIDE POOLS FOR AREA HIGH SCHOOL SWIM TEAMS TO PRACTICE AND CONDUCT MEETS. THE YMCA OF THE SUNCOAST HAS ESTABLISHED FAMILY AQUATIC CENTERS AT MOST OF OUR FACILITIES, INCLUDING NORTH PINELLAS, HIGH POINT, GREATER RIDGECREST, GREATER PALM HARBOR, JAMES P. GILLS FAMILY, HERNANDO COUNTY, AND CITRUS YMCA BRANCHES. THESE CENTERS FEATURE SLIDES AND INTERACTIVE DESIGN WITH FOUNTAINS, SPRAYS, AND ACTIVITIES. SEVERAL LOCATIONS FEATURE A ZERO-DEPTH ENTRY POOL. OUR CLEARWATER YMCA HAS AN INDOOR POOL. THE NORTH PINELLAS BRANCH YMCA SERVED 100 PEOPLE IN THEIR MASH (MAINSTREAM ADULTS SHARING HOPE) PROGRAM IN 2019. MANY ADULTS ARE PHYSICALLY AND/OR MENTALLY CHALLENGED AND LIVING AT HOME WITH THEIR PARENTS OR RELATIVES IN OUR PASCO AND UPPER PINELLAS AREA. THE YMCA AND MASH PARENTS HAVE ACCEPTED THE CHALLENGE TO HELP CREATE INDEPENDENCE IN THEIR LIVES. PHYSICALLY AND/OR MENTALLY CHALLENGED ADULTS WITHIN THE PASCO/UPPER PINELLAS AREA CAN PARTICIPATE IN A PROGRAM THAT ALLOWS THEM TO GROW IN SPIRIT, MIND, AND BODY THROUGH INTERACTION WITH FRIENDS, EXPRESSING THEIR CREATIVITY, AND PARTICIPATING IN RECREATIONAL PROGRAMS. WE CONTINUE TO OFFER A PROGRAM CALLED SALSA, SABOR Y SALUD. THIS HEALTHY LIVING PROGRAM TARGETS HISPANIC/LATINO FAMILIES AND APPROACHES THE BASICS OF HEALTHY EATING AND NUTRITION, ACTIVE LIVING AND EXERCISE, AND STRENGTHENS THE FAMILY THROUGH SMALL STEPS TOWARD POSITIVE CHANGE. THIS PROGRAM WAS OFFERED AT OUR HIGH POINT AND CLEARWATER YMCAS THIS YEAR. THE YMCA OF THE SUNCOAST WILL CONTINUE SERVING THE CHILDREN AND FAMILIES IN OUR SERVICE AREA, USING OUR LEARNINGS TO IMPROVE OUR SERVICE AND HELP PEOPLE GROW IN SPIRIT, MIND, AND BODY. |
| FORM 990, PART VI, SECTION A, LINE 2 | BOARD MEMBERS DAVID L. BRANDON AND ALLEN S. CRUMBLEY HAVE A BUSINESS RELATIONSHIP. |
| FORM 990, PART VI, SECTION A, LINE 4 | IN 2019, MEMBERS OF THE BOARD OF DIRECTORS WORKED WITH A LAWYER WHO SPECIALIZES IN NONPROFIT ORGANIZATIONS TO REVISE THE WORDING OF THE ORGANIZATION'S BY LAWS AND CONFIRM THAT CORRECT POLICIES ARE IN PLACE. THE CHANGES TO THE BY-LAWS ARE AS FOLLOWS: - WORDING WAS ADDED TO THE MEMBERS SECTION INDICATING THAT "NO INDIVIDUAL DESIRING MEMBERSHIP WILL BE TURNED AWAY DUE TO AN INABILITY TO PAY THE FEES FOR SERVICES, BASED ON AVAILABLE FUNDS AND FINANCIAL NEEDS CRITERIA AS DETERMINED FROM TIME TO TIME BY THE BOARD OF DIRECTORS. -THE MAXIMUM NUMBER OF BOARD MEMBERS WAS INCREASED TO SIXTY (60). -WORDING WAS ADDED TO ALLOW FOR ELECTRONIC TRANSMISSION FOR BOARD OF DIRECTOR REQUESTS FOR SPECIAL MEETINGS. -THE TERM FOR THE TREASURER OF THE BOARD WAS EDITED TO REMOVE ANY LIMITATION TO THE NUMBER OF SUCCESSIVE TERMS OF SERVICE. -THE EXECUTIVE COMMITTEE MUST HAVE ONE HALF OF THE MEMBERSHIP PRESENT TO CONSTITUTE A QUORUM. -AN AUDIT COMMITTEE WAS ADDED TO THE LIST OF COMMITTEES, WHICH SHALL BE RESPONSIBLE TO PROVIDE ASSURANCE TO THE BOARD THAT THE YMCA HAS THE APPROPRIATE CULTURE AND THE PERSONNEL, POLICIES, SYSTEMS, AND CONTROLS IN PLACE TO SAFEGUARD THE YMCA'S ASSETS AND TO REGULARLY REPORT FINANCIAL INFORMATION TO INTERNAL AND EXTERNAL USERS. THE COMMITTEE SHALL ALSO BE RESPONSIBLE TO SELECT, EVALUATE, AND, IF NECESSARY, REPLACE THE INDEPENDENT AUDITOR WHO WILL EXAMINE THE YMCA'S ACCOUNTS, CONTROLS, AND FINANCIAL STATEMENTS AND REVIEW THE RESULTS OF THE INDEPENDENT AUDITOR'S FINANCIAL STATEMENTS AND REPORTS. -THE FINANCIAL DEVELOPMENT COMMITTEE WAS RENAMED TO THE PHILANTHROPY COMMITTEE. -THE TIMING OF THE ANNUAL MEETING OF THE ASSOCIATION WAS UPDATED TO A TIME AFTER THE CLOSE OF THE FISCAL YEAR, DETERMINED BY THE BOARD OF DIRECTORS. -ARTICLE XII INDEMNIFICATION WAS ADDED, WITH SECTIONS EXPLAIN THE RIGHT TO INDEMNIFICATION, RIGHT TO ADVANCEMENT OF EXPENSES, RIGHT OF INDEMNITEE TO BRING SUIT, NON-EXCLUSIVITY OF RIGHTS, AND INSURANCE MAINTAINED TO PROTECT ANY DIRECTOR, OFFICER, EMPLOYEE, OR AGENT OF THE ASSOCIATION. -ARTICLE XIII DISSOLUTION WAS ADDED TO EXPLAIN WHAT IS TO HAPPEN TO THE ORGANIZATION'S ASSETS IF THE ORGANIZATION WERE TO DISSOLVE OR LIQUIDATE. -ARTICLE XIV EXEMPT ACTIVITIES WAS ADDED TO DECLARE THAT NO DIRECTOR, OFFICER, EMPLOYEE, OR REPRESENTATIVE OF THE ASSOCIATION SHALL TAKE ANY ACTION OR CARRY ON ANY ACTIVITY BY OR ON BEHALF OF THE ASSOCIATION NOT PERMITTED TO BE TAKEN OR CARRIED ON BY AN ORGANIZATION EXEMPT UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. -ARTICLE XV EXCESS BENEFIT TRANSACTIONS WAS ADDED TO DECLARE THAT THE BOARD SHALL TAKE SUCH STEPS AS MANY BE REASONABLY BE REQUIRED TO ESTABLISH THAT ANY FINANCIAL TRANSACTIONS BETWEEN THE ASSOCIATION AND ANY DIRECTOR, OFFICER, EMPLOYEE, MAJOR DONOR, OR ANY OTHER DISQUALIFIED PERSON WILL NOT CONSTITUTE AN EXCESS BENEFIT TRANSACTION FOR PURPOSES OF SECTION 4958 OF THE CODE. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE YMCA OF THE SUNCOAST BOARD MEMBERS RECEIVE AN EMAILED COPY OF THE COMPLETE FORM 990 AS ULTIMATELY FILED WITH THE IRS PRIOR TO THE FILING DEADLINE (AS EXTENDED FOR THE 2019 RETURN TO JULY 15, 2020). THE BOARD MAY REVIEW THE INFORMATION, MAKE INQUIRIES REGARDING THE 990 AND MAKE RECOMMENDATIONS FOR CHANGES PRIOR TO THE FILING DEADLINE. IN ADDITION, THE CEO AND CFO ALSO REVIEW THE COMPLETE FORM AND OVERSEE THE PREPARATION OF INPUTS AND PROCESSES. |
| FORM 990, PART VI, SECTION B, LINE 12C | IN MAY OF EACH YEAR, THE YMCA OF THE SUNCOAST DISTRIBUTES TO ALL FULL-TIME STAFF, VOLUNTEERS SERVING IN A DECISION-MAKING CAPACITY AND THE ASSOCIATION BOARD MEMBERS AND ITS COMMITTEE MEMBERS A CONFLICT OF INTEREST STATEMENT OF DISCLOSURE TO BE COMPLETED AND RETAINED AT THE ASSOCIATION OFFICES. THE FORMS ARE COLLECTED BY THE FINANCE DEPARTMENT. ONCE A YEAR, THE RESPONSES ARE REVIEWED BY THE AUDIT COMMITTEE. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE EXECUTIVE COMPENSATION COMMITTEE IS APPOINTED BY THE BOARD CHAIR TO REVIEW AND AUTHORIZE THE SENIOR EXECUTIVE COMPENSATION. THE COMMITTEE MET ON APRIL 4, 2019. THE MINUTES OF THE BOARD OF DIRECTOR'S MEETING REFLECTS, "PURSUANT TO FEDERAL INTERMEDIATE SANCTIONS LEGISLATION, THE COMPENSATION COMMITTEE MET, REVIEWED COMPARABLE SALARIES FOR SIMILARLY SITUATED YMCA EXECUTIVES AND IT HAS CONCLUDED THAT PAY AND OTHER COMPENSATION GIVEN TO THE SENIOR EXECUTIVES AT THE YMCA OF THE SUNCOAST IS APPROPRIATE AND NOT EXCESSIVE". |
| FORM 990, PART VI, SECTION C, LINE 19 | GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, AND ANNUAL RETURNS ARE AVAILABLE TO THE PUBLIC UPON VERBAL OR WRITTEN REQUEST. THE IRS FORM 990 MAY ALSO BE FOUND ON GUIDESTAR.ORG. |
| FORM 990, PART XI, LINE 9: | CHANGE IN FAIR VALUE OF INTEREST RATE SWAP -84,271. |
| FORM 990, PART XII, LINE 2C: | THE ORGANIZATION HAS AN AUDIT COMMITTEE WHO ASSUME THE RESPONSIBILITY FOR THE OVERSIGHT OF THE AUDIT OF THE ORGANIZATION'S FINANCIAL STATEMENTS AND THE SELECTION OF THE INDEPENDENT ACCOUNTANT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS. |
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| Software Version: |