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 | |||||
|
Total |
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Calendar year (or fiscal year beginning in) ![]() |
(a) 2016 | (b) 2017 | (c) 2018 | (d) 2019 | (e) 2020 | (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) 2016 | (b) 2017 | (c) 2018 | (d) 2019 | (e) 2020 | (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) 2016 | (b) 2017 | (c) 2018 | (d) 2019 | (e) 2020 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 1 | Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") . | 1,104,216 | 1,165,552 | 2,207,877 | 1,744,791 | 1,432,885 | 7,655,321 |
| 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 | 19,494,995 | 19,957,128 | 19,685,629 | 19,420,184 | 9,944,382 | 88,502,318 |
| 3 | Gross receipts from activities that are not an unrelated trade or business under section 513 ..... | 0 | 0 | 0 | 0 | 0 | 0 |
| 4 | Tax revenues levied for the organization's benefit and either paid to or expended on its behalf... | 0 | 0 | 0 | 0 | 0 | 0 |
| 5 | The value of services or facilities furnished by a governmental unit to the organization without charge | 0 | 0 | 0 | 0 | 0 | 0 |
| 6 | Total. Add lines 1 through 5 | 20,599,211 | 21,122,680 | 21,893,506 | 21,164,975 | 11,377,267 | 96,157,639 |
| 7a | Amounts included on lines 1, 2, and 3 received from disqualified persons | 0 | 0 | 790,441 | 0 | 0 | 790,441 |
| 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 | 0 | 0 | 0 | 0 | 0 |
| c | Add lines 7a and 7b.. | 0 | 0 | 790,441 | 0 | 0 | 790,441 |
| 8 | Public support. (Subtract line 7c from line 6.) | 95,367,198 | |||||
Calendar year (or fiscal year beginning in) ![]() |
(a) 2016 | (b) 2017 | (c) 2018 | (d) 2019 | (e) 2020 | (f) Total | |
|---|---|---|---|---|---|---|---|
| 9 | Amounts from line 6... | 20,599,211 | 21,122,680 | 21,893,506 | 21,164,975 | 11,377,267 | 96,157,639 |
| 10a | Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources.. | 70,181 | 231,909 | 242,352 | 257,841 | 106,872 | 909,155 |
| b | Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975. | 0 | 0 | 0 | 0 | 0 | 0 |
| c | Add lines 10a and 10b. | 70,181 | 231,909 | 242,352 | 257,841 | 106,872 | 909,155 |
| 11 | Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on. | 0 | 0 | 0 | 0 | 0 | |
| 12 | Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.) .. | 0 | 0 | 0 | 0 | 0 | 0 |
| 13 | Total support. (Add lines 9, 10c, 11, and 12.).. | 20,669,392 | 21,354,589 | 22,135,858 | 21,422,816 | 11,484,139 | 97,066,794 |
| 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): |
|||||
| 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 0.015 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 0.035 | 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 | 1 | |
|
2
Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in excess of income from activity |
2 | |
| 3 Administrative expenses paid to accomplish exempt purposes of supported organizations | 3 | |
| 4 Amounts paid to acquire exempt-use assets | 4 | |
| 5 Qualified set-aside amounts (prior IRS approval required - provide details in Part VI) | 5 | |
| 6 Other distributions (describe in Part VI). See instructions | 6 | |
| 7Total annual distributions. Add lines 1 through 6. | 7 | |
|
8
Distributions to attentive supported organizations to which the organization is responsive (provide details in Part VI). See instructions |
8 | |
| 9 Distributable amount for 2020 from Section C, line 6 | 9 | |
| 10 Line 8 amount divided by Line 9 amount | 10 | |
| Section E - Distribution Allocations (see instructions) |
(i) Excess Distributions |
(ii) Underdistributions Pre-2020 |
(iii) Distributable Amount for 2020 |
|
|---|---|---|---|---|
| 1 Distributable amount for 2020 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 2020: | ||||
| a From 2015....... | ||||
| b From 2016....... | ||||
| c From 2017....... | ||||
| d From 2018....... | ||||
| e From 2019....... | ||||
| fTotal of lines 3a through e | ||||
| g Applied to underdistributions of prior years | ||||
| h Applied to 2020 distributable amount | ||||
|
i
Carryover from 2015 not applied (see instructions) |
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| j Remainder. Subtract lines 3g, 3h, and 3i from line 3f. | ||||
| 4Distributions for 2020 from Section D, line 7: | ||||
| $ | ||||
| a Applied to underdistributions of prior years | ||||
| b Applied to 2020 distributable amount | ||||
| c Remainder. Subtract lines 4a and 4b from line 4. | ||||
|
5
Remaining underdistributions for years prior to 2020, 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 2020. 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 2021. Add lines 3j and 4c. |
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| 8 Breakdown of line 7: | ||||
| a Excess from 2016..... | ||||
| b Excess from 2017..... | ||||
| c Excess from 2018..... | ||||
| d Excess from 2019..... | ||||
| e Excess from 2020..... | ||||
| Facts And Circumstances Test |
|---|
| Return Reference | Explanation |
|---|
| Software ID: | 20011424 |
| Software Version: | 2020v4.0 |
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 3 Significant changes in program services | Due to the 2020 COVID-19 Pandemic, Greater Somerset County YMCA was required to temporarily cease operations in compliance with the New Jersey Governor's Executive Orders. From March 16, 2020 through July 6, 2020, the doors to our facilities were required to be closed. Additionally, subsequent Executive Orders significantly restricted operations through the end of the year. As a result, our organization lost more than $8 million, or nearly 50%, in revenue from membership cancellations and program suspensions during 2020. Despite the closures, we continued our mission by supporting the community through initiatives that addressed child care for essential workers, food insecurity, learning gaps, blood shortages, unemployment challenges and more. Our mission based initiatives were supported through contributory income from donors and grantors. From an operations perspective, our organization was supported by a loan received under the Paycheck Protection Program. |
| Form 990, Part VI, Line 6 Classes of members or stockholders | Executive Board |
| Form 990, Part VI, Line 11b Review of form 990 by governing body | The 990 is presented to the Board of Directors for approval prior to its filing. |
| Form 990, Part VI, Line 12c Conflict of interest policy | ENFORCEMENT OF CONFLICT POLICY Periodic reviews shall be conducted. The reviews shall, at a minimum, include the following subjects: (a) Whether compensation arrangements and benefits are reasonable, are based on competent survey information and are the result of arm's length bargaining; and (b) Whether partnerships, JVs, and arrangements with management organizations conform to the Y's written policies, are properly recorded, reflect reasonable investment or payment for goods and services, further charitable purposes and do not result in inurement, impermissible private benefit or in an excess benefit transaction. |
| Form 990, Part VI, Line 15a Process to establish compensation of top management official | THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS COMPLETES AN ANNUAL PERFORMANCE APPRAISAL OF THEIR CHIEF EXECUTIVE OFFICER AND REVIEWS COMPARABLE YMCAS OF SIMILAR SIZE AND BUDGET TO DETERMINE CEO COMPENSATION. |
| Form 990, Part VI, Line 15b Process to establish compensation of other employees | David Carcieri, CEO, has an Annual Performance Review. His last review was in 2020. |
| Form 990, Part VI, Line 19 Required documents available to the public | THE ORGANIZATION HAS ITS FORM 990 ON GUIDESTAR.ORG AND MAKES THEIR FINANCIAL STATEMENTS, FORM 1023 AND 990 AVAILABLE FOR PUBLIC INSPECTION AT THE YMCA BRANCH. |
| Form 990, Part VIII, Line 2f Other Program Service Revenue | - Total Revenue: , Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; - Total Revenue: , Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; |
| Form 990, Part XI, Line 9 Other changes in net assets or fund balances | UNREALIZED LOSS ON INTEREST RATE SWAP - -16566; |
| Form 990, Part I -Line 1 - Mission | Working locally at Greater Somerset County YMCA, we focus on empowering young people, improving health and well-being, and inspiring action in and across communities, particularly in times of crisis. Our programs and services are focused on three areas of impact: YOUTH DEVELOPMENT - Nurturing the potential of every child and teen; HEALTHY LIVING - Improving the health and well-being of our community; and SOCIAL RESPONSIBILITY - Giving back and providing support to our neighbors. We believe that there are endless opportunities to connect and enrich lives while addressing critical societal needs and, in doing so, we transform lives in meaningful ways. By bringing together people from different backgrounds, perspectives and generations, we ensure that we all have access to the opportunities, relationships and resources necessary to learn, grow and thrive. We believe everyone, regardless of income, faith, ability, sex, sexual orientation, gender identity or expression, race, ethnicity, national origin, cultural background or other unique personal characteristics, should have the opportunity to live life to its fullest. Our values of caring, honesty, respect and responsibility are the foundation for everything we do. Every day at the Y, we work to remove obstacles that may prevent individuals from reaching their full potential. Never has that been more important than during the COVID-19 global pandemic. In 2020, the health and economic crises had a devastating impact on our program and membership revenue due to government restrictions to curb the virus. However, Greater Somerset County YMCA charged forward to address urgent community needs and support vulnerable neighbors during a time of uncertainty. Our 147-year history is entrenched in responding to community needs. In spite of temporarily ceasing operations to comply with New Jersey Executive Orders related to the pandemic, Greater Somerset County YMCA continued to have a profound and enduring impact in the community by serving well over 11,000 children, teens, adults and seniors through programs, services and resources that help them to achieve health in spirit, mind and body. We remain committed to strengthening the community by investing in our kids, our health and our neighbors. With the support of donors and volunteers, Greater Somerset County YMCA provided essential services during the crises of 2020 including programs to address inequity, food insecurity, health disparities, learning gaps, and more. Our legacy is established in being a catalyst for change and a community leader that enhances the well-being of all; the Y is a trusted and respected cornerstone of the community. Greater Somerset County YMCA has an Endowment with cash and pledges of $4.25 million. Additionally, in 2020, we raised $1,137,639 through our annual fundraising campaign, plus $240,611 in governmental and non-governmental grants. The funds ensure that all deserving children, families and adults are provided access to Y programs, services and resources regardless of their ability to pay, and also enable the Y to respond to new, urgent and emerging community needs. At Greater Somerset County YMCA, our organization's success is rooted in a steadfast commitment to the highest standards of nonprofit excellence. ENSURING ACCESS TO ALL In 2020, Greater Somerset County YMCA provided over $1,200,000 in community program support and direct financial assistance with funds raised through our Annual Campaign and grants. Of those funds, nearly $595,600 was used to provide direct financial assistance to more than 125 deserving individuals and families to ensure participation in YMCA programs. The rest of the funds were used to support free or low-cost community outreach programs like Food Distribution, Emergency Child Care for Essential Workers, Virtual After School Care, Blood Drives, Saturdays in Motion, Career Forum, LIVESTRONG at the YMCA, Outreach to Vulnerable Populations and more. In 2020, we were grateful for the support of 1,908 donors to the Annual Campaign. OUR COMMITMENT IS TO BE AN ASSET TO OUR COMMUNITY Greater Somerset County YMCA is committed to the highest ethical standards of a public charity. Our transparency can be viewed through our 990. We are governed by and accountable to an independent, volunteer Board of Directors and we endeavor to earn public trust through the highest commitment to being good stewards of our charitable dollars. Through our commitment to nonprofit excellence and providing access to all in our community, we strive to be an asset to Somerset County and the surrounding communities. |
| Software ID: | 20011424 |
| Software Version: | 2020v4.0 |