MERRIMACK VALLEY YOUNG MENS CHRISTIAN ASSOCIATION INC Charity Report

Public IRS 990 nonprofit record

MERRIMACK VALLEY YOUNG MENS CHRISTIAN ASSOCIATION INC

EIN 04-2104378 · Youth Development (O55Z)

What they do

YMCA PROGRAMS MEET COMMUNITY NEEDS and PROMOTE COMMUNITY HEALTH and WELLNESS. EACH YEAR WE DELIVER MORE THAN $3 MILLION WORTH of SUBSIDIZED SERVICES to NEEDY CHILDREN, ADULTS and FAMILIES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $85.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2023The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders34 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

81.49%of revenue went to mission work85.2% of expenses · Program services

2.28%of revenue went to fundraising2.4% of expenses

$86.28spent for every $100 of revenueRevenue covered expenses this year.

11.84%of revenue went to management and office costs12.4% of expenses

$2.26in assets for every $1 spent this yearSome assets cannot be spent right away.

14.4%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $324,555 for FRANCIS KENNEALLY III (PRESIDENT/CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2023

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$22,415,480

Mission workProgram services$18,267,25081.49% of revenue85.2% of expenses

ManagementOffice and general costs$2,654,87611.84% of revenue12.4% of expenses

FundraisingAsking for donations$510,3532.28% of revenue2.4% of expenses

Revenue left after expensesReported annual surplus$983,0014.39% of revenueShown in gray on the chart

Total expenses$21,432,47995.61% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2023CurrentExpense mix: 85.2% mission · 12.4% management · 2.4% fundraisingTotal expenses: 95.61% of revenue

2022Expense mix: 84.0% mission · 13.1% management · 2.9% fundraisingTotal expenses: 92.48% of revenue

2021Expense mix: 84.5% mission · 13.2% management · 2.2% fundraisingTotal expenses: 89.27% of revenue

2020Expense mix: 84.4% mission · 13.9% management · 1.7% fundraisingTotal expenses: 79.77% of revenue

2019Expense mix: 82.3% mission · 16.3% management · 1.4% fundraisingTotal expenses: 105.55% of revenue

2018Expense mix: 83.2% mission · 13.2% management · 3.5% fundraisingTotal expenses: 94.85% of revenue

2017Expense mix: 84.9% mission · 13.0% management · 2.2% fundraisingTotal expenses: 95.76% of revenue

2016Expense mix: 85.1% mission · 13.6% management · 1.3% fundraisingTotal expenses: 92.07% of revenue

Money in and money out

Revenue$24,841,780

Expenses$21,432,479

Annual surplus $3,409,301 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$18,267,250 · 85.2% of expenses

Management and office costs$2,654,876 · 12.4% of expenses

Fundraising$510,353 · 2.4% of expenses

See all reported dollar amounts

Revenue$24,841,780

Expenses$21,432,479

Assets$48,442,030

Income$29,852,400

Contributions$3,577,690

Mission work (program services)$18,267,250

Fundraising$510,353

Management and general$2,654,876

Executive compensation (total)$612,016

Stocks and bonds$4,286,017

Accounting fees$64,000

Investing fees$10,614

People

Leadership and board

Tax year 2023

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

FRANCIS KENNEALLY IIIPRESIDENT/CEO · 40 hrs/week $324,555Base $288,455 · Other $36,100

CATHLEEN LANDRYCHIEF FINANCIAL OFFICER · 40 hrs/week $220,548Base $188,710 · Other $31,838

CLAUDIA SOO HOOCHIEF OPERATING OFFICER · 40 hrs/week $219,481Base $195,901 · Other $23,580

MARY JANE DINSMORECHIEF HUMAN RESOURCES OFFICER · 40 hrs/week $190,076Base $167,377 · Other $22,699

JOYCE GRIPPENCHIEF DEVELOP & MARKETING OFFICER · 40 hrs/week $171,880Base $145,525 · Other $26,355

ANNE WHALENSR. EXEC DIR OF CAMPING SVCS · 40 hrs/week $135,865Base $121,244 · Other $14,621

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (34)

FRANCIS KENNEALLY IIIPRESIDENT/CEO

CATHLEEN LANDRYCHIEF FINANCIAL OFFICER

CLAUDIA SOO HOOCHIEF OPERATING OFFICER

MARY JANE DINSMORECHIEF HUMAN RESOURCES OFFICER

JOYCE GRIPPENCHIEF DEVELOP & MARKETING OFFICER

ANNE WHALENSR. EXEC DIR OF CAMPING SVCS

PETER BOYNTONDIRECTOR

KYLE SCANDOREDIRECTOR (SINCE JUN 24)

MARILYN FITZGERALDDIRECTOR (SINCE JAN 24)

MARK KRISTIANSENDIRECTOR

MARY LOU SCHAALMANDIRECTOR

MICHELLE SHEADIRECTOR

MUJDE YUKSELDIRECTOR

JOE LUSSIERTREASURER (SINCE FEB 24)

PETER LAFONDDIRECTOR

REV WILLIAM INGRAHAMVICE CHAIR (UNTIL JUN 24)

RONN FAIGENTREASURER (UNTIL DEC 23)

RUBY BALBORDASECRETARY

SETH KIPPDIRECTOR

THOMAS CHILDSDIRECTOR

JOHN FOUHYDIRECTOR (UNTIL DEC 23)

ALIALI BELKUSDIRECTOR (SINCE JUN 24)

JESUS SURIELDIRECTOR

HERNAN GUERRERODIRECTOR

GREG SCHMIDTDIRECTOR

GLADYS MARTINEZDIRECTOR (SINCE MAY 24)

EMRAN BAQUIDIRECTOR

ELIZABETH FITZSIMONSDIRECTOR

DONNA ALDRICHCHAIR

DAVID NADERDIRECTOR (UNTIL DEC 23)

DAVID LOUISDIRECTOR

ASHLEY WILLIAMSDIRECTOR

ANEXIS SANCHEZDIRECTOR

ANAROSA MUNOZDIRECTOR

About this charity

Recognized since: January 1938
Location: 280 MERRIMACK STREET ENTRANCE M 500, LAWRENCE, MA 01843-1779
County: Essex
In care of: % MERRIMACK VALLEY YMCA
Primary officer: DONNA ALDRICH, CHAIR

How to reach them

WebsiteVisit the charity’s website Phone(978) 725-6681

Filing and classification

Latest tax year: 2023
Tax period began: October 1, 2023
Return type: 990
Tax preparer: BAKER TILLY ADVISORY GROUP LP
NTEE classification: Youth Development (O55Z)