Nonprofit · EIN 27-5086933
OLEAN-BRADFORD AREA YMCA FOUNDATION INC
Tax-exempt · OLEAN, NY 14760
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $135,895 | $32,000 | $103,895 | $2,458,673 | $129,469 | $2,329,204 |
| December 31, 2024 | 990 | $182,512 | $32,000 | $150,512 | $2,117,527 | $129,469 | $1,988,058 |
| December 31, 2023 | 990 | $40,552 | $32,000 | $8,552 | $1,997,014 | $159,468 | $1,837,546 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $31,498
- Program service revenue
- $0
- Investment income
- $104,397
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $32,000
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Program services (functional)
- $32,000
Balance sheet and other
- Total assets, start of year
- $2,117,527
- Total assets, end of year
- $2,458,673
- Total liabilities, end of year
- $129,469
- Net assets, end of year
- $2,329,204
- Net assets without donor restrictions
- $938,163
- Net assets with donor restrictions
- $1,391,041
- Gross receipts
- $135,895
- Employees
- 0
- Year formed
- 2011
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JEFF TOWNSEND | CEO, SECRETARY Officer | 2 | $0 | $161,939 | $2,600 |
| BRENDA THREEHOUSE | CFO Officer | 2 | $0 | $125,920 | $260 |
| DR JAFAR HAMIDI | Director Trustee or director | 1 | $0 | $0 | $0 |
| DAN DEROSE | Director Trustee or director | 1 | $0 | $0 | $0 |
| KAREN COSTELLO-PECHT | Director Trustee or director | 1 | $0 | $0 | $0 |
| WILLIAM WALSH | Director Trustee or director | 1 | $0 | $0 | $0 |
| JULIE MARASCO | Director Trustee or director | 1 | $0 | $0 | $0 |
| JILL DUNN | Director Trustee or director | 1 | $0 | $0 | $0 |
| WILLIAM LEVEN | Director Trustee or director | 1 | $0 | $0 | $0 |
| DON FREDEEN | Board Chair Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JIM RIED | Director Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2024: 11 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JEFF TOWNSEND | CEO, SECRETARY Officer | 2 | $0 | $163,154 | $2,600 |
| BRENDA THREEHOUSE | CFO Officer | 2 | $0 | $129,565 | $1,550 |
| DR JAFAR HAMIDI | Director Trustee or director | 1 | $0 | $0 | $0 |
| DAN DEROSE | Director Trustee or director | 1 | $0 | $0 | $0 |
| KAREN COSTELLO-PECHT | Director Trustee or director | 1 | $0 | $0 | $0 |
| WILLIAM WALSH | Director Trustee or director | 1 | $0 | $0 | $0 |
| JULIE MARASCO | Director Trustee or director | 1 | $0 | $0 | $0 |
| JILL DUNN | Director Trustee or director | 1 | $0 | $0 | $0 |
| WILLIAM LEVEN | Director Trustee or director | 1 | $0 | $0 | $0 |
| DON FREDEEN | Board Chair Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JIM RIED | Director Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JEFF TOWNSEND | CEO, SECRETARY Officer | 2 | $0 | $147,398 | $9,047 |
| BRENDA THREEHOUSE | CFO Officer | 2 | $0 | $113,607 | $9,000 |
| DR JAFAR HAMIDI | Director Trustee or director | 1 | $0 | $0 | $0 |
| DAN DEROSE | Director Trustee or director | 1 | $0 | $0 | $0 |
| KAREN COSTELLO-PECHT | Director Trustee or director | 1 | $0 | $0 | $0 |
| WILLIAM WALSH | Director Trustee or director | 1 | $0 | $0 | $0 |
| JULIE MARASCO | Director Trustee or director | 1 | $0 | $0 | $0 |
| JILL DUNN | Director Trustee or director | 1 | $0 | $0 | $0 |
| WILLIAM LEVEN | Director Trustee or director | 1 | $0 | $0 | $0 |
| DON FREDEEN | Board Chair Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JIM RIED | Director Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1101 WAYNE ST, OLEAN, NY 14760-2269
- Signed the 990
- JEFF TOWNSEND, CEO
- Phone
- (716) 373-2400
- Website
- TWINTIERSYMCA.ORG
- Return prepared by
- BYSIEK CPA PLLC
Mission
THE PRIMARY PURPOSE OF THE OLEAN-BRADFORD YMCA FOUNDATION, INC. IS TO FURTHER THE MISSION OF THE YMCA OF THE TWIN TIERS BY BUILDING, INVESTING AND MANAGING ONE OR MORE FUNDS TO PROVIDE FINANCIAL SUPPORT FOR THE ACTIVITIES AND OPERATIONS OF THE ASSOCIATION.
Program accomplishments
- SUPPORT FOR THE ANNUAL OPERATING NEEDS OF THE BRANCHES OF THE YMCAExpenses $32,000 · grants $32,000 · revenue $135,895
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 27-5086933
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 2011
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P112)
- Assets (IRS master file)
- $2,458,673
- Income (IRS master file)
- $135,895
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $135,895 | $32,000 | $2,458,673 | XML |
| 990 | December 2024 | $182,512 | $32,000 | $2,117,527 | IRS |
| 990 | December 2023 | $40,552 | $32,000 | $1,997,014 | IRS |
| 990 | December 2022 | $103,283 | $32,000 | $1,788,813 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 27-5086933).
Questions about OLEAN-BRADFORD AREA YMCA FOUNDATION INC
- What is the EIN of OLEAN-BRADFORD AREA YMCA FOUNDATION INC?
- The employer identification number (EIN) of OLEAN-BRADFORD AREA YMCA FOUNDATION INC is 27-5086933.
- Is OLEAN-BRADFORD AREA YMCA FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
- Are donations to OLEAN-BRADFORD AREA YMCA FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does OLEAN-BRADFORD AREA YMCA FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of OLEAN-BRADFORD AREA YMCA FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did OLEAN-BRADFORD AREA YMCA FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who are the officers and directors of OLEAN-BRADFORD AREA YMCA FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 11 people; 0 received compensation from the organization.
- How much revenue does OLEAN-BRADFORD AREA YMCA FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $135,895, expenses of $32,000 and total assets of $2,458,673 at year end.
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