2024-06-13T17:16:07+00:00 2023-12-31 990 2023-01-01 561045299 YOUNG MEN'S CHRISTIAN ASSOCIATION OF GREATER CHARLOTTE YOUN 7047166200 400 E Morehead Street Charlotte NC 282022606 Donna Bigham SVP - Chief Financial Officer 7047166200 2024-06-13 Donna Bigham 999009999 true 2023 2023-04-26 12:10:37Z YMCA of Greater Charlotte Suehila Glass 400 E Morehead Street Charlotte NC 282022606 92907666 false X WWW.YMCACHARLOTTE.ORG X 1874 NC THE MISSION OF THE YMCA OF GREATER CHARLOTTE IS TO PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD HEALTHY SPIRIT, MIND AND BODY FOR ALL. 23 23 4854 2970 0 78869 17100242 16712506 57847340 68317735 5496452 1704394 -4610234 5315373 75833800 92050008 14660 10000 0 0 40418345 43941238 0 0 1834226 40766432 40174644 81199437 84125882 -5365637 7924126 200041234 205181628 53960081 51176349 146081153 154005279 THE YMCA OF GREATER CHARLOTTE IS DEDICATED TO PUTTING CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD HEALTHY SPIRIT, MIND AND BODY FOR ALL. INSPIRED BY CHRISTIAN PRINCIPLES, WE WILL GROW OUR REACH, RESOURCES AND IMPACT TO SERVE ALL. THE YMCA'S FOCUS IS ON HEALTHY LIVING, YOUTH DEVELOPMENT AND SOCIAL RESPONSIBILITY. THERE ARE 17 OPERATING CENTERS, ADDITIONAL EXTENSION CENTERS AND 2 RESIDENT CAMPS COVERING A 900 SQUARE MILE FOOTPRINT. false false 29303891 0 39497830 HEALTHY LIVING: IN 2023, THE YMCA OF GREATER CHARLOTTE OPERATED 17 CENTERS AND 2 RESIDENT CAMPS THROUGHOUT THE CHARLOTTE METROPOLITAN AREA AND ENRICHED THE LIVES OF OVER 213,000 PEOPLE IN THE COMMUNITY. THE YMCA HAD AN AVERAGE OF OVER 45,700 MEMBERSHIPS THROUGHOUT 2023, WHO HAD ACCESS TO FACILITIES AND PROGRAMS TO BUILD HEALTHY SPIRITS, MINDS AND BODIES. DURING THE YEAR, THE YMCA TAUGHT OVER 13,000 SWIM LESSONS, INSTILLING THE IMPORTANCE OF LIFE-SAVING WATER SAFETY SKILLS TO CHILDREN AND ADULTS IN OUR COMMUNITY. ADDITIONALLY, OVER 1,500 CHILDREN WERE SERVED IN OUR SAFETY AROUND WATER DROWNING PREVENTION PROGRAM WHICH TEACHES CHILDREN HOW TO SWIM AND BASIC WATER SAFETY TIPS. DURING 2023, MEMBERS SCANNED INTO Y CENTERS OVER 3.7 MILLION TIMES AND GROUP EXERCISE CLASSES HAD OVER 765,000 PARTICIPANTS ACROSS THE ASSOCIATION IN WHICH MEMBERS EXPERIENCED THE BENEFITS OF A HEALTHY LIFESTYLE AND A SENSE OF COMMUNITY. FOOD INSECURITY IN THE Y'S COMMUNITY HAS BEEN OF INCREASING CONCERN DURING AND POST-PANDEMIC. THROUGH FOODSHARES, IN PARTNERSHIP WITH LOAVES AND FISHES/NOURISHUP AND SECOND HARVEST FOOD BANK OF METROLINA, 1,222,680 POUNDS OF FOOD WERE DISTRIBUTED TO 40,756 INDIVIDUALS IN NEED FROM YMCA CENTERS. IN PARTNERSHIP WITH NUTRITION HEALTHWORKS, 4,578 YMCA MEMBERS ATTENDED APPOINTMENTS FOR A PROGRAM WHICH PROVIDES EDUCATION ABOUT MEAL PLANNING, NUTRITION COACHING AND METABOLIC TESTING TO PARTICIPANTS. 26442660 10000 14869116 FAMILY LIFE: MECKLENBURG, IREDELL AND LINCOLN COUNTIES IN SOUTH CENTRAL NORTH CAROLINA ARE THE ASSOCIATION'S SERVICE AREA. STAFF, VOLUNTEERS AND AGENCY PARTNERS COLLABORATED AT 17 CENTERS, TWO RESIDENT CAMPS AND SCHOOLS TO 1) DEVELOP YOUTH CHARACTER AND ACADEMIC SUCCESS, 2) PREVENT DROWNING, 3) IMPROVE QUALITY OF LIFE FOR PEOPLE FACING HEALTH CHALLENGES AND 4) PROVIDE INCREASED ACCESS AND BELONGING FOR PEOPLE OF ALL AGES, ETHNICITIES, ABILITIES AND INCOME LEVELS. ACROSS ALL MEMBERSHIP AND PROGRAMMING ACTIVITIES, THE YMCA OF GREATER CHARLOTTE ENRICHED THE LIVES OF OVER 213,000 PEOPLE IN 2023. FINANCIAL ASSISTANCE IS AVAILABLE THROUGH A SCHOLARSHIP PROGRAM OFFERING A DISCOUNTED RATE STRUCTURE FOR MEMBERSHIP AND PROGRAM ACCESS BASED ON HOUSEHOLD INCOME. THE Y'S Y READERS PROGRAM, A NATIONALLY RECOGNIZED LITERACY INTERVENTION PROGRAM WHICH SERVES RISING KINDERGARTEN THROUGH THIRD GRADE STUDENTS TO INCREASE THEIR CHANCE OF MEETING THIRD GRADE READING REQUIREMENTS AND GRADUATING ON TIME FROM HIGH SCHOOL SERVED MORE THAN 1,000 STUDENTS IN 2023. IT IS LED BY CERTIFIED TEACHERS AND SUPPORTED BY COMMUNITY VOLUNTEERS. ADDITIONALLY, OVER 2,600 STUDENTS GREW ACADEMICALLY WITH LITERACY INSTRUCTION TO IMPROVE READING PROFICIENCY INFUSED WITHIN Y PROGRAMS. PARENT EDUCATORS SERVED 200 PARENTS AS TEACHERS FAMILIES WITH CHILDREN UNDER THE AGE OF FIVE IN 2023. THIS EVIDENCE-BASED PROGRAM INFLUENCES PARENTS' AWARENESS OF THEMSELVES AS TEACHERS TO THEIR CHILDREN AND GUIDES PARENTS ON PRACTICAL MATTERS OF EARLY CHILDHOOD HEALTH. FAMILIES SERVED EXHIBIT AT LEAST ONE HIGH-NEED PROTECTIVE FACTOR SUCH AS LOW HOUSEHOLD INCOME, LOW PARENT EDUCATION LEVEL OR LACK OF INSURANCE. ALMOST 1,400 TEENS LEARNED CRUCIAL LIFE SKILLS THROUGH JOB PREPARATION AND COLLEGE READINESS AND HAD ACCESS TO ACTIVITIES IN A SAFE ENVIRONMENT IN PROGRAMS LIKE LEVEL UP, LEADERS CLUB, Y ACHIEVERS, LEADERS TEAM AND TEEN ENRICHMENT. ENGLISH AS A SECOND LANGUAGE CLASSES WERE PROVIDED FOR 499 PARTICIPANTS DURING 2023. THE YMCA OFFERS ADAPTIVE PROGRAMS IN WATER SKIING, DANCE TEAM, CHEERLEADING, SWIM LESSONS, BASKETBALL AND MIRACLE LEAGUE BASEBALL. CAMP BOOMERANG IS A SUMMER CAMP EXPERIENCE FOR CHILDREN WITH DIVERSE ABILITIES. OVER 500 PARTICIPANTS TOOK PART IN ADAPTIVE AND ACCESSIBLE PROGRAMMING IN 2023. 21041335 35750 13950789 DAY CAMP/OUTDOOR: DURING THE 2023 SUMMER, THE Y SERVED 2,862 UNIQUE CAMPERS IN 8,000 CAMPER WEEKS AT OUR 2 RESIDENT CAMPS IN DAY AND RESIDENT CAMP PROGRAMS. RESIDENT CAMP FOLLOWS AMERICAN CAMPING ASSOCIATION ACCREDITATION GUIDELINES. IT IS ONE OF THE MOST FORMATIVE EXPERIENCES IN A YOUNG PERSON'S LIFE. CAMPERS BUILD CHARACTER VALUES, DEVELOP SELF-RELIANCE, LEARN GOOD SPORTSMANSHIP AND CUMULATIVE INTERPERSONAL SKILLS. THE ENVIRONMENTAL EDUCATION CENTER AT CAMP THUNDERBIRD SERVED OVER 9,600 SCHOOL-AGED CHILDREN. WITH A FOCUS ON ECOLOGY AND THE ENVIRONMENT, THE EDUCATIONAL ACTIVITIES ENCOURAGE TEAM-BUILDING AND UNDERSTANDING OF SCIENCE, TECHNOLOGY, ENGINEERING AND MATH CURRICULUM. THE Y'S CONFERENCE AND RETREAT PROGRAM AT BOTH RESIDENT CAMPS SERVED ALMOST 15,000 ADULTS. THIS PROGRAM OFFERS TEAM-BUILDING AND PROFESSIONAL DEVELOPMENT ACTIVITIES ON A Y CAMPGROUND. 76787886 true true false true false false false false true true true false false true true true false false false false true false false true false false false false true true false false false false false true false false false false true false false false false true false false false true 62 0 true 4854 true true true false false false false true true false false false true false false false X 23 23 false false false false false false false true true false true true true true true true true true true true false FL GA AL HI IL KS KY MD MA MI MN MS NH NJ NM NY NC ND OR PA RI SC TN UT VA AR WV WI X X Donna Bigham 7047166200 400 EAST MOREHEAD STREET CHARLOTTE NC 282022606 ANDY ROWE 1.0 X 0 0 0 BOB WOODS 1.0 X 0 0 0 CHARLES BOWMAN 1.0 X 0 0 0 CRYSTAL LILES 1.0 X 0 0 0 DARYL BIBLE 1.0 X 0 0 0 DAVID DOOLEY 1.0 X 0 0 0 DERICK CLOSE 1.0 X 0 0 0 DIANE MORAIS 1.0 X 0 0 0 FRANCISCO ALVERADO 1.0 X 0 0 0 FREDA LESTER 1.0 X 0 0 0 JACOB GALLAGHER 1.0 X 0 0 0 JEFF BROWN 1.0 X 0 0 0 JONATHAN ISHEE 1.0 X 0 0 0 MARCUS JONES 1.0 X 0 0 0 MICHAEL DESMOND 1.0 X 0 0 0 NANCY McNELIS 1.0 X 0 0 0 NETHA JOHNSON JR 1.0 X 0 0 0 QUE VANCE 1.0 X 0 0 0 ROBERT JOHNSON 1.0 X 0 0 0 SCOTT ANTHONY 1.0 X 0 0 0 THADD JONES 1.0 X 0 0 0 TRACEY CHAFFIN 1.0 X 0 0 0 VONDA HUSS 1.0 X 0 0 0 DEAN JONES SVP - CHIEF DEVELOPMENT OFFICER 40.0 X 278018 0 31595 DONNA BIGHAM SVP - CHIEF FINANCIAL OFFICER 40.0 X 264595 0 23017 STAN LAW CEO/PRESIDENT (PARTIAL YR-RETIRED) 40.0 X 414733 0 33976 STEVE BOWERS EVP - CHIEF OPERATIING OFFICER (PARTIAL YR-RESIGNED) 40.0 X 284553 0 17231 ADRIANNE HOBBS SVP - NORTHERN OPS & YOUTH DEVELOPMENT 40.0 X 139360 0 17590 BEN PINEGAR SVP - CAMPS & OPERATIONS 40.0 X 136445 0 14228 BROOKE REDDINGTON SVP - CHIEF HUMAN CAPITAL OFFICER 40.0 X 263910 0 35084 JON BONTRAGER VP - FACILITIES & REAL ESTATE 40.0 X 182685 0 16423 JOSEPH ANGELON SVP - SOUTHERN OPS & SPECIAL PROJECTS 40.0 X 137712 0 25941 RON HORN VP - INFORMATION TECHNOLOGY 40.0 X 179687 0 8185 DOUGLAS SARVER VP - HUMAN RESOURCES 40.0 X 118501 0 22751 HEATHER BRIGANTI VP - COMMUNICATIONS & PUBLIC RELATIONS 40.0 X 121469 0 16751 KELLY ROGERS VP - OPERATIONS 40.0 X 119058 0 13580 MARK MERNER VP - MARKETING 40.0 X 111555 0 20751 MEAGHAN HAMILTON VP - TALENT 40.0 X 117442 0 16540 2869723 0 313643 27 false true false 0 57933 0 1331024 0 4776036 10547513 994307 16712506 Healthy Living 44487879 44487879 Youth Development 23582958 23582958 Social Responsibility 246898 246898 0 0 0 0 68317735 298144 298144 0 0 1406250 0 0 1406250 1406250 1406250 614153 1331024 614153 173383 243505 -70122 -70122 NET INV/SA/SIA/TRUST/ENDOW 813410 3662119 3662119 FACILITY RENTAL 813410 1161290 1161290 MISCELLANEOUS 813410 562086 562086 0 0 0 0 5385495 92050008 68317735 0 7019767 0 0 10000 10000 2514904 1169977 1035314 309613 34806298 31622317 2249334 934647 1261029 1069083 130179 61767 2584866 2218777 268796 97293 2774141 2457040 235752 81349 376748 376748 73750 73750 10674 10674 5157700 4530120 461474 166106 1347789 1343259 0 4530 4598912 4545022 12749 41141 424436 349815 61711 12910 11820963 11684644 100276 36043 871208 805754 43094 22360 504561 403726 49790 51045 1606294 1606294 0 0 519057 519057 0 0 8346477 8346477 0 0 1740038 1719971 14761 5306 REPAIRS, MAINT. & EQUIPMENT 2322034 2075665 236253 10116 454003 320888 133115 0 84125882 76797886 5493770 1834226 11866933 13409916 207938 207958 3400919 2659618 1033889 1218641 60000 40000 0 0 822559 575014 264894634 128197004 136257590 136697630 21490633 22109939 19357264 21659752 0 5543509 6603160 200041234 205181628 4315948 3740025 0 0 3636810 3256964 37738744 35189795 0 0 0 0 0 0 8268579 8989565 53960081 51176349 114818170 121273137 31262983 32732142 0 0 0 0 0 0 146081153 154005279 200041234 205181628 7924126 0 X false true X true true true X 14303578 25830732 18295700 17644716 17326659 93401385 0 0 14303578 25830732 18295700 17644716 17326659 93401385 0 93401385 414202 340966 253359 279277 298144 1585948 0 0 0 0 62517 62517 4338675 2018493 7239515 606941 6721623 20925247 115975097 284116769 0.8054 0.8467 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - OTHER INCOME, COLUMN A - 4338675.0, COLUMN B - 2018493.0, COLUMN C - 7239515.0, COLUMN D - 606941.0, COLUMN E - 6721623.0, COLUMN F - 20925247.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false false false false false true 10674 false false false 10674 false Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY THE YMCA OF GREATER CHARLOTTE PAYS DUES TO BE A PART OF THE NORTH CAROLINA ALLIANCE OF YMCA'S. AS PART OF IT'S MISSION, THE ALLIANCE WORKS WITH KEY DECISION MAKERS IN THEIR MUNICIPALITIES, COUNTIES AND AT THE STATE AND FEDERAL LEVELS TO ADVANCE THE MISSION OF THE YMCA. A PORTION OF THE DUES ARE USED BY THE ALLIANCE FOR LOBBYING ACTIVITIES ON BEHALF OF ITS MEMBERS IN AREAS OF INTEREST TO THE MISSION OF THE YMCA. 14994906 0 2445226 670315 61223 16708594 18226700 198279 -2830250 537926 61897 14994906 16751530 3353 2019763 482944 65002 18226700 15314944 7537 1945586 457533 59004 16751530 12965493 3500 2841979 437837 58191 15314944 0.95 0.05 0.0 true false 17530820 17530820 184099243 85338129 98761114 3002522 2819834 182688 30933011 15023098 15909913 29329038 25015943 4313095 136697630 ENDOWMENTS 16708594 BENEFICIAL INTEREST IN PERPETUAL TRUSTS 4885048 BENEFICIAL INTEREST IN SPLIT INTEREST AGREEMENT 66110 21659752 INTEREST RATE SWAP AGREEMENTS 708985 OTHER LIABILITIES 2205533 OPERATING LEASE LIABILITY 4426918 FINANCE LEASE LIABILITY 1648129 8989565 X 92907666 857658 857658 92050008 0 0 92050008 84983540 857658 857658 84125882 0 0 84125882 Schedule D, Part XI, Line 2(d) AND PART XII; LINE 2D SCHEDULE D SUPPLEMENTAL INFORMATION: CERTAIN EXPENSES ARE DEDUCTED FROM REVENUE IN PART VIII, LINE 8B ($614,153) AND LINE 10B ($243,505) AS PER FORM 990 INSTRUCTIONS, BUT THESE EXPENSES ARE NOT NETTED AGAINST REVENUE FOR AUDITED FINANCIAL STATEMENT PURPOSES. Schedule D, Part V, Line 4 Intended uses of endowment funds THE YMCA OF GREATER CHARLOTTE'S ENDOWMENT FUNDS ARE USED TO HELP SATISFY THE ONGOING NEEDS OF ITS MISSION. THIS MISSION IS TO PUT CHRISTIAN PRINCIPLES INTO PRACTICE THROUGH PROGRAMS THAT BUILD HEALTHY SPIRIT, MIND AND BODY FOR ALL. THE YMCA OF GREATER CHARLOTTE'S PROGRAMS ARE DESCRIBED IN MORE DETAIL IN PART III. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote THE YMCA AND ITS SUBSIDIARY, CAMP THUNDERBIRD, ARE NOT-FOR-PROFIT ORGANIZATIONS THAT ARE EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. ADDITIONALLY, THEY ARE NOT PRIVATE FOUNDATIONS PURSUANT TO INTERNAL REVENUE CODE SECTION 509(A)(l). THE YMCA DOES NOT BELIEVE THAT THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND ACCORDINGLY, IT WILL NOT RECOGNIZE ANY ASSET OR LIABILITY FOR UNRECOGNIZED TAX BENEFITS OR OBLIGATIONS. Schedule D, Part XI, Line 2(d) Other revenues in audited financial statements not in form 990 SPECIAL EVENTS DIRECT EXPENSE - 614153 COST OF GOODS SOLD - MERCHANDISE SALES - 243505 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 SPECIAL EVENTS DIRECT EXPENSE - 614153 COST OF GOODS SOLD - MERCHANDISE SALES - 243505 Sub-Saharan Africa SUPPORT OF YMCA PRIMARY SCHOOL AND GENERAL BRANCH 10000 CHECK 1 0 false false false false false false Schedule F, Part II, Line 1 Method used to account for expenditures on org's financial statements SUB-SAHARAN AFRICA-Accrual MLK BREAKFAST 245716 173672 72044 35435 34250 2360 CORPORATE CUP RACE 244518 131004 113514 7750 3617 61569 40577 16 1454943 1026348 428595 62822 117016 60420 52361 135976 1945177 1331024 614153 62822 160201 98287 113930 178913 614153 0 X X X X X true false false true false false false false false DEAN JONES SVP - CHIEF DEVELOPMENT OFFICER 253350 0 22432 0 2236 0 20942 0 10653 0 309613 0 0 0 STEVE BOWERS EVP - CHIEF OPERATIING OFFICER (PARTIAL YR-RESIGNED) 253426 0 30614 0 513 0 10935 0 6296 0 301784 0 0 0 DONNA BIGHAM SVP - CHIEF FINANCIAL OFFICER 245102 0 18142 0 1351 0 19664 0 3353 0 287612 0 0 0 STAN LAW CEO/PRESIDENT (PARTIAL YR-RETIRED) 351450 0 61649 0 1634 0 26400 0 7576 0 448709 0 0 0 ADRIANNE HOBBS SVP - NORTHERN OPS & YOUTH DEVELOPMENT 128512 0 10613 0 235 0 10863 0 6727 0 156950 0 0 0 JON BONTRAGER VP - FACILITIES & REAL ESTATE 166996 0 15412 0 277 0 14225 0 2198 0 199108 0 0 0 BROOKE REDDINGTON SVP - CHIEF HUMAN CAPITAL OFFICER 241408 0 22018 0 484 0 20300 0 14784 0 298994 0 0 0 JOSEPH ANGELON SVP - SOUTHERN OPS & SPECIAL PROJECTS 137408 0 0 0 304 0 12163 0 13778 0 163653 0 0 0 BEN PINEGAR SVP - CAMPS & OPERATIONS 136243 0 0 0 202 0 11020 0 3208 0 150673 0 0 0 RON HORN VP - INFORMATION TECHNOLOGY 171196 0 7064 0 1427 0 0 0 8185 0 187872 0 0 0 Schedule J, Part I, Line 4a Severance or change-of-control payment TWO INDIVIDUALS RECEIVED SUCH PAYMENTS IN 2023. Schedule J, Part I, Line 5a Compensation contingent on revenues of the organization A PORTION OF INCENTIVE COMPENSATION PAID IN 2023 FOR A 2022 EXECUTIVE COMPENSATION PLAN IS BASED ON TARGETED REVENUE ATTAINMENT. THERE WAS NO EXECUTIVE COMPENSATION PLAN IN PLACE IN 2023. A PUBLIC FINANCE AUTHORITY 273866124 000000000 2016-10-27 50000000 SEE PART VI false false false A 32160000 0 50000000 0 0 0 89375 0 0 17750625 0 0 2018 true false true true A false false false false 0.0 0.0 0.0 false false A false true true true SEE PART VI 18.0 false false false false true A Schedule K, Part I, Column (e) THE BONDS CONSTITUTE A "DRAW DOWN LOAN" WITHIN THE MEANING OF TREASURY REGULATIONS 1.150-1(c)(4). $50,000,000 REPRESENTS THE MAXIMUM PRINCIPAL AMOUNT OF BONDS THAT MAY BE ISSUED AS PART OF THE ISSUANCE, WHICH IS THE EXPECTED ISSUE PRICE OF THE BOND ISSUE. AS OF THE DATE OF ISSUANCE OF THE BONDS, $35,210,000 WAS DRAWN DOWN. Schedule K, Part I, Column (f) PROCEEDS OF THE BONDS WERE APPLIED TO (A) REFUND THE OUTSTANDING NORTH CAROLINA FACILITIES FINANCE AGENCY VARIABLE RATE RECREATIONAL FACILITIES REVENUE BONDS (THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF GREATER CHARLOTTE PROJECT), SERIES 2007A, AND NORTH CAROLINA CAPITAL FACILITIES FINANCE AGENCY VARIABLE RATE RECREATIONAL FACILITIES REVENUE BONDS (THE YOUNG MEN'S CHRISTIAN ASSOCIATION OF GREATER CHARLOTTE PROJECT), SERIES 2007B, AND (B) FINANCE A NEW PARKING DECK, RENOVATIONS AND AN ADDITION TO THE YMCA'S DOWD BRANCH IN CHARLOTTE, NORTH CAROLINA, AND THE CONSTRUCTION AND EQUIPPING OF SARA'S YMCA BRANCH IN CHARLOTTE, NORTH CAROLINA. Schedule K, Part II, Line 3 THE BONDS CONSTITUTE A "DRAW DOWN LOAN" WITHIN THE MEANING OF TREASURY REGULATIONS 1.150-1(c)(4). $50,000,000 REPRESENTS THE MAXIMUM PRINCIPAL AMOUNT OF BONDS THAT MAY BE ISSUED AS PART OF THE ISSUANCE. AS OF THE DATE OF ISSUANCE OF THE BONDS, $35,210,000 WAS DRAWN DOWN. THE ADDITIONAL $14,790,000 OF THE PROCEEDS WAS USED FOR $14,700,625 OF CAPITAL EXPENDITURES AND $89,375 OF ISSUANCE COSTS. ALL AMOUNTS WERE DRAWN PRIOR TO DECEMBER 31, 2018. Schedule K, Part II, Line 10 THE BONDS CONSTITUTE A "DRAW DOWN LOAN" WITHIN THE MEANING OF TREASURY REGULATIONS 1.150-1(c)(4). $50,000,000 REPRESENTS THE MAXIMUM PRINCIPAL AMOUNT OF BONDS THAT MAY BE ISSUED AS PART OF THE ISSUANCE. AS OF THE DATE OF ISSUANCE OF THE BONDS, $35,210,000 WAS DRAWN DOWN. THE ADDITIONAL $14,790,000 OF THE PROCEEDS WAS USED FOR $14,700,625 OF CAPITAL EXPENDITURES AND $89,375 OF ISSUANCE COSTS. AS OF DECEMBER 31, 2018 ALL AMOUNTS HAVE BEEN DRAWN. Schedule K, Part IV, Line 4b THE YMCA ORIGINALLY ENTERED INTO 3 INTEGRATED INTEREST RATE SWAPS WITH RESPECT TO THE BONDS. SEE BELOW. COUNTERPARTY - BRANCH BANKING AND TRUST COMPANY; TERM - OCTOBER 27, 2016 THROUGH DECEMBER 1, 2034 COUNTERPARTY - BRANCH BANKING AND TRUST COMPANY ; TERM - OCTOBER 27, 2016 THROUGH APRIL 1, 2029 COUNTERPARTY - BRANCH BANKING AND TRUST COMPANY; TERM - APRIL 1, 2017 THROUGH APRIL 1, 2029 EFFECTIVE JANUARY 1, 2023 THE YMCA HAS 5 INTEGRATED INTEREST RATE SWAPS WITH RESPECT TO THE BONDS. SEE BELOW. COUNTERPARTY - TRUIST; TERM - JANUARY 1, 2023 THROUGH DECEMBER 1, 2034 COUNTERPARTY-TRUIST; TERM - JANUARY 1, 2023 THROUGH APRIL 1, 2029 COUNTERPARTY-TRUIST; TERM - JANUARY 1, 2023 THROUGH APRIL 1, 2029 COUNTERPARTY-TRUIST; TERM - JANUARY 1, 2023 THROUGH APRIL 1, 2029 COUNTERPARTY-TRUIST; TERM - JANUARY 1, 2023 THROUGH APRIL 1, 2029 Schedule K, Part IV, Line 4c THE YMCA ORIGINALLY ENTERED INTO 3 INTEGRATED INTEREST RATE SWAPS WITH RESPECT TO THE BONDS. SEE BELOW. COUNTERPARTY - BRANCH BANKING AND TRUST COMPANY; TERM - OCTOBER 27, 2016 THROUGH DECEMBER 1, 2034 COUNTERPARTY - BRANCH BANKING AND TRUST COMPANY ; TERM - OCTOBER 27, 2016 THROUGH APRIL 1, 2029 COUNTERPARTY - BRANCH BANKING AND TRUST COMPANY; TERM - APRIL 1, 2017 THROUGH APRIL 1, 2029 EFFECTIVE JANUARY 1, 2023 THE YMCA HAS 5 INTEGRATED INTEREST RATE SWAPS WITH RESPECT TO THE BONDS. SEE BELOW. COUNTERPARTY - TRUIST; TERM - JANUARY 1, 2023 THROUGH DECEMBER 1, 2034 COUNTERPARTY-TRUIST; TERM - JANUARY 1, 2023 THROUGH APRIL 1, 2029 COUNTERPARTY-TRUIST; TERM - JANUARY 1, 2023 THROUGH APRIL 1, 2029 COUNTERPARTY-TRUIST; TERM - JANUARY 1, 2023 THROUGH APRIL 1, 2029 COUNTERPARTY-TRUIST; TERM - JANUARY 1, 2023 THROUGH APRIL 1, 2029 BROOKE REDDINGTON SVP - CHIEF HUMAN CAPITAL OFFICER PROMISSORY NOTE X 80000 40000 false true true 40000 X 2 846200 Market value X PROF SERVICES 1 71650 Market value X BARGAIN RENT/LEASE 1 52899 Market value X FUNDRAISING SUPPLIES 23558 Market value 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Other - PROF SERVICES NUMBER OF CONTRIBUTIONS Other - BARGAIN RENT/LEASE NUMBER OF CONTRIBUTIONS Other - FUNDRAISING SUPPLIES NUMBER OF CONTRIBUTIONS Form 990, Part VI, Line 11b Review of form 990 by governing body EXPLANATION: THE FOLLOWING REPRESENTS THE FORM 990 REVIEW PROCESS IN CHRONOLOGICAL ORDER: 1. REVIEW BY THE ASSOCIATION AUDIT & ENTERPRISE RISK COMMITTEE. THE FORM 990 IS SENT ELECTRONICALLY TO ALL MEMBERS PRIOR TO THE MEETING. DURING THE MEETING, THE COMMITTEE REVIEWS THE FORM 990 AND DISCUSSES PROCEDURES FOR ITS COMPLETION, ITEMS OF NOTE AND COMMITTEE QUESTIONS ARE ADDRESSED. 2. A COPY OF THE FORM 990 IS PROVIDED TO EACH MEMBER OF THE ASSOCIATION BOARD OF DIRECTORS. THE FORM 990 IS SENT TO ALL MEMBERS VIA E-MAIL AND QUESTIONS ARE INVITED BY TELEPHONE, E-MAIL OR IN PERSON. 3. THE FORM 990 IS FILED AFTER COMPLETION OF ALL LEVELS OF REVIEW. Form 990, Part VI, Line 12c Conflict of interest policy EXPLANATION: THE YMCA OF GREATER CHARLOTTE HAS A WRITTEN CONFLICT OF INTEREST POLICY. ALL BOARD MEMBERS ARE REQUIRED TO COMPLETE AND SIGN AN ANNUAL DISCLOSURE STATEMENT. THIS POLICY REQUIRES IMMEDIATE DISCLOSURE OF INTERESTS THAT COULD GIVE RISE TO CONFLICTS. Form 990, Part VI, Line 15a Process to establish compensation of top management official EXPLANATION: THE YMCA OF GREATER CHARLOTTE HAS A DETAILED AND RIGOROUS PROCESS FOR THE REVIEW AND DETERMINATION OF CEO/ PRESIDENT COMPENSATION. THAT PROCESS INCLUDES AN EXECUTIVE COMPENSATION COMMITTEE COMPRISED OF INDEPENDENT VOLUNTEERS. THESE VOLUNTEERS REVIEW INFORMATION INCLUDING INDEPENDENTLY GENERATED SURVEY INFORMATION FOR COMPARISON OF LIKE POSITIONS AND INVOLVEMENT OF AN INDEPENDENT CONSULTANT. Form 990, Part VI, Line 15b Process to establish compensation of other employees EXPLANATION: THE YMCA OF GREATER CHARLOTTE HAS A DETAILED AND RIGOROUS PROCESS FOR THE REVIEW AND DETERMINATION OF CEO/ PRESIDENT COMPENSATION. THAT PROCESS INCLUDES AN EXECUTIVE COMPENSATION COMMITTEE COMPRISED OF INDEPENDENT VOLUNTEERS. THESE VOLUNTEERS REVIEW INFORMATION INCLUDING INDEPENDENTLY GENERATED SURVEY INFORMATION FOR COMPARISON OF LIKE POSITIONS AND INVOLVEMENT OF AN INDEPENDENT CONSULTANT. Form 990, Part VI, Line 19 Required documents available to the public EXPLANATION: THE YMCA OF GREATER CHARLOTTE'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. Form 990, Part VIII, Line 2f Other Program Service Revenue - Total Revenue: , Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; - Total Revenue: , Related or Exempt Function Revenue: , Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; CAMP THUNDERBIRD 400 E MOREHEAD ST CHARLOTTE NC 28202 900329292 RESIDENT CAMP NC 501(c)(3) 7 YMCA OF GREATER CHARLOTTE false false false false false false false false false false false false false false false false false false false false