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CHARITY REVIEW
Issued: October 2022 Expires: June 2025

YMCA of Greater Grand Rapids

Accredited Charity
Accredited Charity

Meets Standards

Accreditation seal
475 Lake Michigan Dr NW
Grand Rapids, MI, 49504-5600

Standards For Charity Accountability

Governance

  1. Board Oversight
  2. Board Size
  3. Board Meetings
  4. Board Compensation
  5. Conflict of Interest

Measuring Effectiveness

  1. Effectiveness Policy
  2. Effectiveness Report

Finances

  1. Program Expenses
  2. Fundraising Expenses
  3. Accumulating Funds
  4. Audit Report
  5. Detailed Expense Breakdown
  6. Accurate Expense Reporting
  7. Budget Plan

Fundraising & Info

  1. Truthful Materials
  2. Annual Report
  3. Website Disclosures
  4. Donor Privacy
  5. Cause Marketing Disclosures
  6. Complaints

YMCA of Greater Grand Rapids meets the 20 Standards for Charity Accountability.

Stated Purpose:
The YMCA of Greater Grand Rapids ensures a stronger, healthier community for all with a commitment to nurturing the potential of our youth, promoting healthy living, and fostering a sense of social responsibility.

Year, State Incorporated:
1869, MI

Also Known As:
The Young Men's Christian Association of Greater Grand Rapids

The YMCA of Greater Grand Rapids strengthens communities through youth development, healthy living and social responsibility. Through its various branches, including YMCA Camp Manitou-Lin, community outreach programs, as well as child care and before/after school sites, the Y is committed to improving the health and well-being of children and families. Inspiring a love for learning in our youth, transforming the health of individuals and families, and cultivating vibrant communities is what the YMCA of Greater Grand Rapids has done for over 150 years. 

For the year ended December 31, 2021, YMCA of Greater Grand Rapids's program expenses were:

Child Care $8,978,225
Physical Fitness and Wellness $6,063,532
Healthy Living $2,709,167
Aquatic Program $1,776,881
Camping Program $1,053,559
Total Program Expenses $20,581,364

Chair's Profession / Business Affiliation
Not disclosed

Board Size
21

Paid Staff Size
1499

Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Radio, Grant proposals, Planned giving arrangements, Membership appeals, Appeals via Social Media (Facebook, etc.)

% of Related Contributions on Fundraising: 5.28%

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.

The following information is based on YMCA of Greater Grand Rapids's audited financial statements for the year ended December 31, 2021.

Source of Funds
Membership Fees $10,653,188
Contributions and Grants $6,741,787
Childcare Fees $3,787,378
Paycheck Protection Program $3,602,115
Employee Retention Credit Income $2,850,606
Program Fees $2,610,159
Interest Rate Swap Adjustment $1,747,027
Investment Income $248,770
Change in beneficial interest in perpetual trusts $67,315
Miscellaneous Income $60,160
Loss on disposal of property and equipment $-88,200
Total Income $32,280,305

Programs: 87% Fundraising: 1% Administrative: 12%

Total Income $32,280,305
Total expenses: $23,766,484
  Program expenses $20,581,364
  Fundraising expenses $355,860
  Administrative expenses $2,829,260
  Other expenses $0
Income in Excess of Expenses $8,513,821
Beginning Net Assets $37,353,683
Other Changes In Net Assets $0
Ending Net Assets $45,867,504
Total Liabilities $43,763,561
Total Assets $89,631,065

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 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 International Association of Better Business Bureaus.

This report is not to be used for fundraising or promotional purposes.

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Report completed by:
BBB Serving Western Michigan