The Greater Morristown Ymca Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 221487618 ✦ Cedar knolls, NJ ✦ Designated as a 501(c)(3)

Overview

What is The Greater Morristown Ymca Inc?

The Greater Morristown YMCA Inc, an esteemed nonprofit organization with a rich history dating back to 1874, is deeply rooted in the values of honesty, respect, caring, and service to others. This organization, located in Cedar Knolls, New Jersey, is not only renowned for its fitness and aquatics facilities but also holds a profound philanthropic focus on childcare. As part of the YMCA of the USA, one of the largest non-profit childcare providers globally, the Greater Morristown YMCA manages three centers that collectively care for over 400 children daily. These centers, accredited by the National Association for the Education of Young Children (NAEYC), provide early education and year-round care for infants, toddlers, and preschoolers. The organization's mission is to ensure no child in the community is deprived of preschool education, recognizing its crucial role in a child's academic, social, and mental development. With an average tenure of 10 years for preschool teachers, exceeding the national average, the Greater Morristown YMCA ensures a stable and nurturing environment for young learners.


Official website here: www.greatermorristownymca.org

Is The Greater Morristown Ymca Inc legitimate?

The Greater Morristown Ymca Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Greater Morristown Ymca Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $334,309
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,273,278

For more financial information, click here


Official website here: www.greatermorristownymca.org

What is the mission statement of The Greater Morristown Ymca Inc?

The Greater Morristown YMCA, founded on principles of honesty, respect, caring, and service to others, aims to augment the spiritual, mental, and physical well-being of the community. Their primary focus is on childcare, being part of one of the largest non-profit childcare providers in the U.S., the YMCA of USA. The YMCA manages three centers that collectively care for over 400 children daily, with over 90% of students meeting or surpassing kindergarten entry requirements. Their centers, accredited by NAEYC, provide a safe, structured, and enjoyable environment for children to develop social skills and positive attitudes towards school and learning. The YMCA's mission is to ensure no child in the community misses out on preschool education, recognizing its importance in academic, social, and mental development. They offer full-day childcare to children who cannot afford it, considering it their vocation and mission.


Official website here: www.greatermorristownymca.org

What is the revenue of The Greater Morristown Ymca Inc?

The Greater Morristown Ymca Inc's revenue in 2022 was $11,195,490.


Official website here: www.greatermorristownymca.org

Who are the executives of The Greater Morristown Ymca Inc and what are their salaries?

The average compensation at The Greater Morristown Ymca Inc during 2022 was $15,207. There are 303 employees and 100 volunteers at The Greater Morristown Ymca Inc.

Here are 18 key members and their salaries (The Greater Morristown Ymca Inc's CEO's salary is $205,385 and their total compensation is $239,384):

    Laure Ferrando (Current Ceo And President (Formerly Executive Director))
  • Compensation: $205,385
  • Related: $0
  • Other: $33,999

    • Raymond P Fisher (Finance Director)
  • Compensation: $128,924
  • Related: $0
  • Other: $9,265

    • Donald A Lepore (Vice Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frank Giannantonio (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer D Zambri (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ted Vogtman (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alfred B Nunan Jr (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carol Armour (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Chuck C Ferrando (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Burke (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dr Joseph Prestifilippo (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric Ricciardi (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Wood (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Les Armour (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maria Di Zio (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maria G Vinci-Savettiere Esq (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael D Walter (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert J Nish Esq (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.greatermorristownymca.org

    Where can I find the form 990 for The Greater Morristown Ymca Inc?

    The The Greater Morristown Ymca Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.greatermorristownymca.org

    Learn more at the official website: www.greatermorristownymca.org

    Mission Statement of The Greater Morristown Ymca Inc

    The Greater Morristown YMCA, established in 1874, is grounded in the Christian values of honesty, respect, caring, and service to others. Its primary mission is to enrich the spiritual, mental, and physical well-being of the community by offering a variety of activities. This nonprofit organization is particularly passionate about childcare, making it a significant focus of its philanthropic endeavors.

    With over 400 children under its care, The Greater Morristown YMCA manages three childcare centers, each accredited by the National Association for the Education of Young Children (NAEYC). These centers provide year-round early childhood care for infants, toddlers, and preschoolers. The organization's commitment to childcare extends beyond providing a safe and structured environment; it ensures that over 90% of its students meet or exceed the Morris School District's kindergarten entry requirements.

    The Greater Morristown YMCA's childcare centers play a pivotal role in fostering self-confidence, social skills, and positive attitudes towards learning in youngsters. By offering this service, the organization allows parents to work with peace of mind, knowing their children are well-cared for. The YMCA's childcare centers boast an average tenure of 10 years for preschool teachers, exceeding the national average in the field of childcare.

    In line with its mission, The Greater Morristown YMCA aims to ensure that no child in its community is deprived of preschool education. It recognizes that underprivileged children in the area are at risk of beginning kindergarten at a disadvantage. Preschool education is fundamental to a child's academic, social, and mental development, and The Greater Morristown YMCA ensures that this essential early education is possible, providing full-day childcare regardless of a family's ability to pay. The organization views childcare as its vocation and mission, and thousands of children have benefited from its services.

    Impact

    This information is meant to be a general summary of The Greater Morristown Ymca Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Greater Morristown YMCA's impact is significant in providing high-quality childcare and preschool programs to over 400 children, helping them develop self-confidence, social skills, and positive attitudes towards school and learning. Their accredited centers ensure that over 90% of students meet or exceed kindergarten entry requirements set by the Morris School District. Additionally, the YMCA's commitment to turning no child away from its programs, regardless of their family's ability to pay, ensures that underprivileged children in the community receive essential early education for their academic, social, and mental development. This impactful work demonstrates the YMCA's vocation and mission to support the well-being and education of all children in the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $36,543
  • Program Service Revenue: $7,098,807
  • Gross Receipts: $11,499,962

    • Assets and Liabilities:
  • Total Assets: $22,138,958
  • Total Liabilities: $6,539,743
  • Net Assets: $15,599,215
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Childcare Revenue -- Infant/Toddler/Preschool

    Revenue

    $3,754,576

    Membership Revenue

    Revenue

    $1,718,304

    Day Camp Revenue

    Revenue

    $563,238

    Childcare Revenue -- School Age

    Revenue

    $169,484

    Resident Camp Revenue

    Organization Details

    Founding Year

    1874

    Main Address

    79 Horsehill Rd, Cedar Knolls, NJ, 07927

    NTEE Category

    Code: P20 - Human services

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