Ocean Community YMCA FY2021 filing

Tax-deductible

Westerly, RI501(c)(3)Since 1928Human ServicesEIN 05-0268126

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The Ocean Community YMCA is a cause-driven organization dedicated to strengthening Community through youth development, healthy living, and social responsibility. We ensure equitable access to programs that build a healthy spirit, mind, and body for all.

501(c)(3) charity; gifts are tax-deductible.
70¢ of each $1 spent went to programs.
$309K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $557K a year · 6% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
70%
of spending
Fine: 70% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$309K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 1.8 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
3
named funders · $114K
Looks good: 3 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$8.0M
34% of total assets
Looks good: liabilities are 34% of assets; 50% or less.
Pt X · Ln 26
Independent board members
19
of 19 voting members
Looks good: 19 of 19 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$8.0M
+21% vs prior year
Spent
$7.3M
To programs
70%
Net assets
$15.8M
By yearFY2020–FY2025
Revenue
$8.0M
FY2021▲ +21%
Revenue by fiscal year
FY2020$6.6M
FY2021$8.0M
FY2022$8.2M
FY2023$10.5M
FY2024$11.6M
FY2025$12.7M
Expenses
$7.3M
FY2021▲ +6%
Expenses by fiscal year
FY2020$6.9M
FY2021$7.3M
FY2022$8.8M
FY2023$9.5M
FY2024$10.5M
FY2025$11.2M
Net assets
$15.8M
FY2021▲ +6%
Net assets by fiscal year
FY2020$15.0M
FY2021$15.8M
FY2022$14.7M
FY2023$15.8M
FY2024$17.1M
FY2025$19.0M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Jun 1942.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

70 cents of each dollar spent went to programs.

Program services 70% · $5.2M Management & general 28% · $2.0M Fundraising 2% · $150K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

21 people listed on the 990; $309K paid to officers and key staff.

Part VII, Section A · reportable compensation
President & CEO
$206,176Pt VII · Sec A
Finance Director
$102,508Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Maureen Fitzgerald’s $235K as President & CEO Until 06/2025 is at the 58th percentile of top reported officer pay among 3122 $10–100M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 6 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Maureen Fitzgerald$234,919$209,956$176,265$195,467$206,176$186,427
Sheila Litty$187,946$142,199$115,758$112,586——
Lorraine Grissom$131,724$55,153————
John McKeag—$74,408$99,744$108,631$102,508$96,767
Paul Falvey$82,600—————
John Reilly—————$43,843

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Ocean Community YMCA executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Builds health, spirit, mind, and body for all through Christian principles.

Provided by the organization

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3 programs · $5.2M · in their own filed words · FY2021
01

Membershipmembership at the ocean community ymca helps individuals to improve their health and well-bring while bulding a strong sense of community. The y provides family-centered, value-focused programs and activities for its members and the surrounding communities.

$3.2Mprogram expense
02

Child care and other programsy child care programs strengthen the family unit by providing convenient, affordable activities for school age children. These programs utilize a well-developed curriculum which is delivered by well trained staff in safe surroundings.

$1.1Mprogram expense
03

Camp programscamp at the ocean community ymca provides enriching and educational experiences during the summer at camp watchaug and the mystic day camp through both indoor and outdoor activities on and off land. They serve thousands of children and families in the surrounding community.

$851Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 3 funders$114K
See all 3 funders →
Grants paid · 3 grants · $2.3M · 2022–2025
Unitemized GrantFY2025$826,699
Unitemized GrantFY2023$723,019
Unitemized GrantFY2022$742,296

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$8.0M
Ln 12
Fees for servicesLn 2g$4.7M
Gifts and grantsLn 1h$2.9M
Other incomeLn 4–11$245K
Money outPt IX
$7.3M
Ln 25
Programscol B$5.2M
Managementcol C$2.0M
Fundraisingcol D$150K
Owns and owesPt X
$15.8M
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$23.8M
LiabilitiesLn 26$8.0M
PeoplePt VI, VII
21
listed · VII A
PaidVII A2
Voting boardVI 1a19
IndependentVI 1b19
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.9M
Government grantsLn 1e$1.8M
Noncash giftsLn 1g$7K
Fundraising eventsLn 1c$17K
Fees for servicesLn 2g$4.7M
Investment incomeLn 3$53K
Other incomeLn 4–11$245K
Gains on assetsLn 7$20K
Total revenueLn 12$8.0M
Assets in detailPt X, end of year
CashLn 1$320K
SavingsLn 2$784K
Cash and savings togetherLn 1–2$1.1M
InvestmentsLn 11–13$2.6M
Land, buildings, equipmentLn 10c$19.3M
Other assetsLn 15$250K
Total assetsLn 16$23.8M
LiabilitiesLn 26$8.0M
Net assetsLn 32$15.8M
OperationsPt I, VI
EmployeesI 5515
VolunteersI 6450
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$728K$1.1M
InvestmentsLn 11–13$2.3M$2.6M
Land, buildings, equipmentLn 10c$19.5M$19.3M
Total assetsLn 16$23.6M$23.8M
LiabilitiesLn 26$8.7M$8.0M
Net assetsLn 32$15.0M$15.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$395K$395K
Pay of current officers, directors and key staffLn 5$346K$206K$140K
Other salaries and wagesLn 7$2.5M$2.0M$526K$359
Other employee benefitsLn 9$214K$136K$78K$36
Payroll taxesLn 10$205K$148K$47K$9K
Investment management feesLn 11f$16K$16K
Other fees for servicesLn 11g$660K$422K$238K
Advertising and promotionLn 12$33K$21K$12K
Office expensesLn 13$641K$578K$63K
OccupancyLn 16$127K$81K$46K
TravelLn 17$3K$2K$1K
InterestLn 20$348K$223K$125K
Depreciation, depletion and amortizationLn 22$999K$639K$360K
InsuranceLn 23$276K$176K$99K
Other expenses (24a–d)Ln 24$433K$273K$160K
All other expensesLn 24e$161K$110K$51K
Total functional expensesLn 25$7.3M$5.2M$2.0M$150K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $12.7M$11.2M$1.5M$19.0M 990 PDF
FY2024 $11.6M$10.5M$1.1M$17.1M 990 PDF
FY2023 $10.5M$9.5M$1.1M$15.8M 990 PDF
FY2022 $8.2M$8.8M−$598K$14.7M 990 PDF
FY2021 Viewing $8.0M$7.3M$621K$15.8M 990 PDF
FY2020 $6.6M$6.9M−$290K$15.0M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $7,960,366 across 11 lines filed
Lines not itemized here account for $6,284 of total revenue; see the IRS return.
VIII-1c Fundraising events$16,801
VIII-1e Government grants$1,758,256
VIII-1f All other contributions, gifts and grants$1,164,452
VIII-1g Noncash contributions (included above)$6,648
VIII-1h Total contributions, gifts and grants$2,939,509
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $4,722,463$4,722,463
VIII-3 Investment incomeExcluded from tax $33,013$33,013
VIII-7 Net gain or loss on sales of assetsExcluded from tax $20,293$20,293
VIII-8 Net income from fundraising eventsExcluded from tax $57,639$57,639
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Unrelated business $54,600 · Excluded from tax $126,565$181,165
VIII-12 Total revenueRelated to mission $4,722,463 · Unrelated business $54,600 · Excluded from tax $243,794$7,960,366
Part IX · Statement of functional expenses $7,339,055 across 16 lines filed
IX-2 Grants to domestic individualsPrograms $395,017$395,017
IX-5 Pay of current officers, directors and key staffManagement $205,986 · Fundraising $139,923$345,909
IX-7 Other salaries and wagesPrograms $1,956,759 · Management $525,502 · Fundraising $359$2,482,620
IX-9 Other employee benefitsPrograms $135,628 · Management $78,262 · Fundraising $36$213,926
IX-10 Payroll taxesPrograms $148,299 · Management $47,094 · Fundraising $9,491$204,884
IX-11f Investment management feesManagement $15,853$15,853
IX-11g Other fees for servicesPrograms $422,295 · Management $237,540$659,835
IX-12 Advertising and promotionPrograms $21,409 · Management $12,042$33,451
IX-13 Office expensesPrograms $578,373 · Management $62,559$640,932
IX-16 OccupancyPrograms $81,140 · Management $45,642$126,782
IX-17 TravelPrograms $2,190 · Management $1,232$3,422
IX-20 InterestPrograms $222,572 · Management $125,196$347,768
IX-22 Depreciation, depletion and amortizationPrograms $639,314 · Management $359,611$998,925
IX-23 InsurancePrograms $176,324 · Management $99,181$275,505
IX-24 Other expenses (24a–d)Programs $273,237 · Management $160,048$433,285
IX-24e All other expensesPrograms $109,814 · Management $51,127$160,941
IX-25 Total functional expensesPrograms $5,162,371 · Management $2,026,875 · Fundraising $149,809$7,339,055
Part X · Balance sheet $23,810,869 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $44,881$319,669
X-2 Savings and temporary cash investmentsStart of year $683,339$784,467
X-3 Pledges and grants receivableStart of year $795,309$513,011
X-4 Accounts receivable$643
X-9 Prepaid expenses and deferred chargesStart of year $72,096$69,997
X-10c Land, buildings and equipment, netStart of year $19,486,705$19,311,106
X-11 Publicly traded securitiesStart of year $2,323,685$2,561,857
X-15 Other assetsStart of year $226,222$250,119
X-16 Total assetsStart of year $23,632,237$23,810,869
X-17 Accounts payable and accrued expensesStart of year $440,892$389,098
X-19 Deferred revenueStart of year $135,765$255,720
X-20 Tax-exempt bond liabilitiesStart of year $7,433,873$7,001,142
X-24 Unsecured notes and loans payableStart of year $18,022$0
X-25 Other liabilitiesStart of year $23,195$19,674
X-26 Total liabilitiesStart of year $8,662,704$8,016,954
X-27 Net assets without donor restrictionsStart of year $13,124,869$14,911,971
X-28 Net assets with donor restrictionsStart of year $1,844,664$881,944
X-32 Total net assets or fund balancesStart of year $14,969,533$15,793,915
X-33 Total liabilities and net assetsStart of year $23,632,237$23,810,869
Part XI · Reconciliation of net assets $15,793,915 net assets at year end
XI-1 Total revenue$7,960,366
XI-2 Total expenses$7,339,055
XI-3 Revenue less expenses$621,311
XI-4 Net assets at start of year$14,969,533
XI-5 Net unrealized gains (losses) on investments$203,071
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$15,793,915

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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