2025-07-09T09:47:49-05:00 2024-12-31 390859910 BAKER TILLY ADVISORY GROUP LP 1500 RXR PLAZA WEST TOWER UNIONDALE NY 11556 990 2024-01-01 042104398 GREATER LOWELL FAMILY YMCA GREA 9784547825 35 YMCA DRIVE LOWELL MA 01852 KEVIN MORRISSEY CHIEF EXECUTIVE OFFICER 9784547825 2025-07-02 1 1 CATHERINE PETERCSAK P01357092 5167472000 2025-07-02 2024 2025-03-06 01:10:19Z KEVIN MORRISSEY 35 YMCA DRIVE LOWELL MA 01852 7088695 0 X GREATERLOWELLYMCA.ORG X 1868 MA THE GREATER LOWELL FAMILY YMCA'S MISSION IS TO STRENGTHEN OUR COMMUNITY BY SUPPORTING YOUTH DEVELOPMENT, HEALTHY LIVING AND SOCIAL RESPONSIBILITY FOR ALL THROUGH PROGRAMS INFLUENCED BY OUR CORE VALUES OF CARING, HONESTY, RESPECT AND RESPONSIBILITY 16 16 344 54 0 0 1952431 1901210 4216047 4675814 50835 155179 33227 34969 6252540 6767172 0 225560 0 0 3388036 3899309 0 0 21526 2111551 2191136 5499587 6316005 752953 451167 11867480 12455550 3517174 3530131 8350306 8925419 X THE GREATER LOWELL FAMILY YMCA'S MISSION IS TO STRENGTHEN OUR COMMUNITY BY SUPPORTING YOUTH DEVELOPMENT, HEALTHY LIVING AND SOCIAL RESPONSIBILITY FOR ALL THROUGH PROGRAMS INFLUENCED BY OUR CORE VALUES OF CARING, HONESTY, RESPECT AND RESPONSIBILITY. 1 0 2672524 179092 2291568 YOUTH DEVELOPMENT - OUR YMCA IS COMMITTED TO NURTURING THE POTENTIAL OF EVERY CHILD AND TEEN. WE BELIEVE THAT ALL KIDS DESERVE THE OPPORTUNITY TO DISCOVER WHO THEY ARE AND WHAT THEY CAN ACHIEVE. THAT'S WHY WE HELP YOUNG PEOPLE CULTIVATE THE VALUES, SKILLS AND RELATIONSHIPS THAT LEAD TO POSITIVE BEHAVIORS, BETTER HEALTH AND EDUCATIONAL ACHIEVEMENT. OUR YMCA PROGRAMS, SUCH AS PRE-SCHOOL, SCHOOL AGE CHILD CARE, SUMMER DAY CAMPS, AND AQUATIC PROGRAMS OFFER A RANGE OF EXPERIENCES THAT ENRICH COGNITIVE, SOCIAL, PHYSICAL AND EMOTIONAL GROWTH. EXPENSES INCLUDE SUBSIDIES AND DIRECT FINANCIAL ASSISTANCE TOTALING $179,092 MAKING PARTICIPATION POSSIBLE FOR THE YOUNG PEOPLE WE ENGAGE. 2462147 46467 2286739 HEALTHY LIVING - THE Y IS A LEADING VOICE ON HEALTH AND WELL-BEING. WE BRING FAMILIES CLOSER TOGETHER, ENCOURAGE GOOD HEALTH AND FOSTER CONNECTIONS THROUGH FITNESS, SPORTS, FUN AND SHARED INTERESTS. AS A RESULT, 5,972 PEOPLE IN OUR COMMUNITY ARE RECEIVING THE SUPPORT, GUIDANCE AND RESOURCES THEY NEED TO ACHIEVE GREATER HEALTH IN SPIRIT, MIND AND BODY. THIS IS PARTICULARLY IMPORTANT AS OUR NATION STRUGGLES WITH AN OBESITY CRISIS, FAMILIES STRUGGLE WITH WORK/LIFE BALANCE AND INDIVIDUALS SEARCH FOR PERSONAL FULFILLMENT. OUR PROGRAMS ARE ACCESSIBLE, AFFORDABLE AND OPEN TO ALL FAITHS, BACKGROUNDS, ABILITIES AND INCOME LEVELS. IN 2024 WE PROVIDED $46,467 IN FINANCIAL ASSISTANCE TO PEOPLE WHO OTHERWISE MAY NOT HAVE BEEN ABLE TO AFFORD TO PARTICIPATE. 57839 114990 SOCIAL RESPONSIBILITY OUR YMCA BELIEVES IN GIVING BACK AND SUPPORTING OUR NEIGHBORS. WE HAVE BEEN LISTENING AND RESPONDING TO OUR COMMUNITY'S MOST CRITICAL SOCIAL NEEDS FOR MORE THAN 149 YEARS. Y PROGRAMS, SUCH AS LIVESTRONG, PRAESIDIUM, PARKINSONS AND OUR FOOD DRIVES/DONATIONS ARE EXAMPLES OF HOW WE DELIVER TRAINING, RESOURCES AND SUPPORT THAT EMPOWER OUR NEIGHBORS TO EFFECT CHANGE, BRIDGE GAPS AND OVERCOME OBSTACLES. OUR GOAL IS TO SERVE 20% OF THE POPULATION IN OUR SERVICE AREA.IN 2024 WE ADDED AN OFFSITE LOCATION IN TEWKSBURY, MA EXPANDING PROGRAMMING, SUMMER CAMP, AND SCHOOL VACATION WEEK CHILDCARE. 5192510 1 1 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 14 0 344 1 0 0 0 0 0 0 0 0 0 0 0 0 X 16 16 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 MA X KEVIN MORRISSEY AND ADELE TSOUKARIS 9784547825 35 YMCA DRIVE LOWELL MA 018524005 KATE DAME CHAIRPERSON (SINCE MAY '24) 1.50 X X 0 0 0 DAVID KELLEHER VICE-CHAIRPERSON (SINCE MAY '24) 1.50 X X 0 0 0 BRIAN BULLOCK TREASURER 1.50 X X 0 0 0 JENNIFER RIVERA-CINTRON CLERK 1.50 X X 0 0 0 ERIC ALLEN DIRECTOR 1.50 X 0 0 0 ADAM BISPHAM DIRECTOR 1.50 X 0 0 0 RUBY CARNEVALE DIRECTOR 1.50 X 0 0 0 CHRISTOPHER DICK DIRECTOR 1.50 X 0 0 0 RICHARD DIONNE DIRECTOR 1.50 X 0 0 0 JOHN DONOVAN DIRECTOR 1.50 X 0 0 0 CHRISTOPHER HILL DIRECTOR 1.50 X 0 0 0 CAITLIN LANDRY DIRECTOR 1.50 X 0 0 0 BONNIE LOMBARDO DIRECTOR 1.50 X 0 0 0 CECILIA LYNCH DIRECTOR 1.50 X 0 0 0 JOHN MANGIARATTI DIRECTOR 1.50 X 0 0 0 JAMES A SULLIVAN JR DIRECTOR 1.50 X 0 0 0 KEVIN MORRISSEY CHIEF EXECUTIVE OFFICER 40.00 X 152407 0 49725 ADELE TSOUKARIS FINANCIAL CONTROLLER 40.00 X 81688 0 32917 234095 0 82642 1 0 1 0 JRM CONSTRUCTION LLC 93 BELKNAP ROAD HUDSON NH 03051 CONTRACTOR SERVICES 118180 NRT BUS INC 55 HAMPSHIRE ROAD METHUEN MA 01844 TRANSPORTATION SERVICES 116150 2 39868 1258186 603156 35000 1901210 PROGRAM REVENUE 713940 4675814 4675814 4675814 146829 146829 17486 0 17486 17486 17486 302490 294140 8350 8350 8350 14084 39868 14084 0 30782 13299 17483 17483 6767172 4693297 0 172665 225560 225560 329369 311841 17528 3001859 2777896 223963 114695 71503 43192 186896 125629 61267 266490 228381 34111 3998 38000 38000 612 612 13841 13841 33389 17743 15646 391167 375553 15614 123033 122135 898 69942 69942 119411 119411 439480 430690 8790 123188 123188 PURCHASED AND CONTRACT 398299 140746 257553 SUPPLIES 362905 327521 35384 OTHER EXPENSES 24097 16162 7935 BAD DEBT 23471 23471 30301 20450 9851 6316005 5192510 1101969 21526 634023 514595 1820469 2535712 23118 19525 214429 194698 106060 130181 12349358 5132941 7219322 7216417 1775217 1772780 2811 0 72031 71642 11867480 12455550 145425 187798 165256 238197 2134462 2032494 1072031 1071642 3517174 3530131 X 8350306 8925419 8350306 8925419 11867480 12455550 451167 123946 0 X 0 1 X 1 0 X 2014344 3482422 1751431 1952431 1901210 11101838 1407815 2251343 3405851 4237715 4693297 15996021 3422159 5733765 5157282 6190146 6594507 27097859 15510 5000 6400 8000 34910 0 15510 5000 6400 8000 34910 27062949 36572 31296 50350 62394 164315 344927 36572 31296 50350 62394 164315 344927 3458731 5765061 5207632 6252540 6758822 27442786 0.98620 0.98540 0.01260 0.00830 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 0 0 0 1 612 612 0 PART II-B, LINE 1: THE ORGANIZATION PAYS AN ANNUAL MEMBERSHIP FEE TO THE ALLIANCE OF MASSACHUSETTS YMCAS OF WHICH A PORTION OF THE DUES IS USED TOWARDS LOBBYING EFFORTS. 751705 48173 86871 886749 647424 104281 751705 693075 160546 -206197 647424 620642 72433 693075 553149 67493 620642 1.00000 0.00000 0.00000 0 0 961367 961367 9994839 4236797 5758042 1350976 853968 497008 42176 42176 0 7216417 CONTINGENT GRANT 1000000 OPERATING LEASE RIGHT-OF-USE ASSET 71642 1071642 X 6679100 123946 14084 138030 6541070 13841 212261 226102 6767172 6103987 27383 27383 6076604 13841 225560 239401 6316005 PART V, LINE 4: THE YMCA'S ENDOWMENT IS DESIGNATED BY THE BOARD OF DIRECTORS AND IS TO SUPPORT THE OPERATIONS OF THE YMCA. PART X, LINE 2: THE ORGANIZATION IS A NONPROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON TRADE OR BUSINESS PROFITS GENERATED BY ACTIVITIES RELATED TO THE ORGANIZATION'S EXEMPT FUNCTION. THE ORGANIZATION MAY BE SUBJECT TO FEDERAL AND STATE INCOME TAXES FOR PROFITS GENERATED FROM TRADE OR BUSINESS ACTIVITIES UNRELATED TO THE ORGANIZATION'S EXEMPT FUNCTION. AS OF DECEMBER 31, 2024 MANAGEMENT BELIEVES THAT THE ORGANIZATION HAS NOT GENERATED ANY UNRELATED BUSINESS TAXABLE INCOME. THE ORGANIZATION ASSESSES THE RECORDING OF UNCERTAIN TAX POSITIONS BY EVALUATING THE MINIMUM RECOGNITION THRESHOLD AND MEASUREMENT REQUIREMENTS A TAX POSITION MUST MEET BEFORE BEING RECOGNIZED AS A BENEFIT IN THE FINANCIAL STATEMENTS. THE ORGANIZATION'S POLICY IS TO RECOGNIZE INTEREST AND PENALTIES ACCRUED ON ANY UNCERTAIN TAX POSITIONS AS A COMPONENT OF INCOME TAX EXPENSE, IF ANY, IN ITS STATEMENTS OF ACTIVITIES. THE ORGANIZATION HAS NOT RECOGNIZED ANY LIABILITIES FOR UNCERTAIN TAX POSITIONS OR UNRECOGNIZED BENEFITS AS OF DECEMBER 31, 2024. THE ORGANIZATION DOES NOT EXPECT ANY MATERIAL CHANGE IN UNCERTAIN TAX BENEFITS WITHIN THE NEXT 12 MONTHS. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 14,084. PART XI, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL ASSISTANCE AWARDED TO MEMBERS 225,560. COST OF MERCHANDISE SOLD -13,299. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES 14,084. COST OF MERCHANDISE SOLD 13,299. PART XII, LINE 4B - OTHER ADJUSTMENTS: FINANCIAL ASSISTANCE AWARDED TO MEMBERS 225,560. TAILGATE 53952 39868 14084 950 8375 4759 53952 39868 14084 950 8375 4759 14084 0 1 MEMBERSHIP SCHOLARSHIPS 145 46467 CAMP MASSAPOAG SCHOLARSHIPS 53 89335 PRE-SCHOOL AND CHILDCARE SCHOLARSHIPS 63 71587 SUMMER CAMP SCHOLARSHIPS 40 14784 PROGRAM SCHOLARSHIPS-SWIMMING AND SPORTS 81 3387 PART I, LINE 2: THE ORGANIZATION PROVIDES FINANCIAL ASSISTANCE TO QUALIFIED INDIVIDUALS. EACH RECIPIENT MUST COMPLETE A FINANCIAL ASSISTANCE APPLICATION THAT IS REVIEWED AND APPROVED BY THE DIRECTOR BEFORE BEING GRANTED. X X X 0 0 0 0 0 0 0 1 0 KEVIN MORRISSEY CHIEF EXECUTIVE OFFICER 148407 0 4000 0 0 0 15985 0 33740 0 202132 0 0 0 PART I, LINE 7 THE BOARD OF DIRECTORS GET COMPARISONS FROM OTHER CEO'S WITH SIMILAR DEMOGRAPHICS AND DISCUSS THE ACCOMPLISHMENTS OF GREATER LOWELL FAMILY Y.M.C.A'S CEO TO DETERMINE THE AMOUNT OF PERFORMANCE BASED BONUS PAID. THE CEO OF THE GREATER LOWELL FAMILY Y.M.C.A. REVIEWS THE PERFORMANCE OF THE ORGANIZATION'S FINANCIAL CONTROLLER AND DETERMINES THE AMOUNT OF PERFORMANCE BASED BONUS PAID. A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY 043431814 2020-06-01 2352000 TO SUPPORT THE CONSTRUCTION OF A CHILDCARE FACILITY. 0 0 0 A 256072 2352000 73665 2278335 2020 0 0 1 1 A 0 1 0 0 0.00000 0.00330 0.00330 0 0 1 A 0 1 0 0 1 0 0 0 0 A 0 X GYM CIRCUIT EQUIPMENT 1 35000 COMPARABLE SALES 0 0 0 PART I, COLUMN (B): COLUMN B REPORTS THE NUMBER OF CONTRIBUTORS FORM 990, PART III, LINE 2 THE ORGANIZATION ADDED AN OFFSITE LOCATION IN TEWKSBURY, MA OFFERING SUMMER CAMP, SCHOOL VACATION CARE, PROGRAMMING AND WELLNESS CLASSES. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT COPY OF THE ORGANIZATION'S FORM 990 IS REVIEWED BY THE FINANCE COMMITTEE IN DETAIL AND THEN PRESENTED TO THE ENTIRE BOARD OF DIRECTORS FOR COMMENT AND REVIEW PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C COMPLIANCE WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS MONITORED BY THE BOARD OF DIRECTORS AND THE EXECUTIVE DIRECTOR. ALL APPLICABLE PARTIES ARE REQUIRED TO ANNUALLY CERTIFY COMPLIANCE WITH THE POLICY. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION FOR THE EXECUTIVE DIRECTOR IS DETERMINED BY THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS ON AN ANNUAL BASIS. THE EXECUTIVE DIRECTOR'S COMPENSATION LEVEL IS BASED ON A THOROUGH PERFORMANCE EVALUATION AND BY COMPARISON TO OTHER YMCA ORGANIZATIONS' COMPENSATION LEVELS AS SUPPLIED BY NATIONAL YMCA OFFICE. THE WORK OF THE COMPENSATION COMMITTEE IS DOCUMENTED IN WRITING. THE EXECUTIVE DIRECTOR RECOMMENDS SALARY LEVELS FOR OTHER EMPLOYEES THAT ARE REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS AS A PART OF THE ANNUAL BUDGET APPROVAL POLICY. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.