Public Charity

THE COMMUNITY YMCA FOUNDATION INC

THE COMMUNITY YMCA FOUNDATION INC is a Public Charity headquartered in SHREWSBURY, NJ. Financial data from the 2024 filing: $158K revenue, $5.8M expenses. 3 publicly reported grants to this organization, totaling roughly $16K, appear in IRS filings.

EIN: 223562537 SHREWSBURY, NJ Latest filing: 2024
Total Revenue$158K
Total Expenses$5.8M
Grant Records3
Funding Total$16K
Filing Years2019–2024

Mission

THE FOUNDATION WILL DEVELOP, MAINTAIN AND MANAGE THE ENDOWMENT FUNDS OF THE YMCA OF GREATER MONMOUTH COUNTY, INC. AND WILL ENCOURAGE DONATIONS AND PLANNED GIFTS. THE FOUNDATION WILL USE AND APPLY ITS ASSETS FOR THE USE AND BENEFIT OF THE YMCA OF GREATER MONMOUTH COUNTY, INC., SO LONG AS THAT ORGANIZATION QUALIFIES AS AN EXEMPT ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AS AMENDED, OR CORRESPONDING PROVISIONS OF ANY FUTURE UNITED STATES INTERNAL REVENUE LAW.

Where $100 goes at The Community YMCA Foundation Inc

How The Community YMCA Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$100 Programs the work itself
<$1 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $100 for programs

$100
In continuing with its exempt purpose, the foundation continued to manage the endowment fund for the YMCA of greater monmouth county, inc
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TRUSTEE Ben Torcivia
TRUSTEE Carol Stillwell
TRUSTEE Chris Kelly
TREASURER Dave Medrow
TRUSTEE Glenn Bellomy
SECRETARY Jane Pattwell

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$10,531 2 grants
Sports & Recreation
$5,137 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $158K $5.8M —
2023 $812K $558K $5.6M
2022 $238K $307K $5.4M
2020 $763K $809K $6.0M
2019 $1.1M $203K $6.0M

Between 2019 and 2024, reported annual revenue declined from $1.1M to $158K (-85%).

Interactive year-over-year charts and full filing details available with membership.

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