Valley Shore YMCA INC

Tax-deductible

Westbrook, CT501(c)(3)Since 1917Human ServicesEIN 06-0646979Revenue $4.4M in FY2025

On file with the IRSvsymca.org201 Spencer Plains Rd, 06498-1549 · Westbrook, CTTax-exempt since Mar 1945Publicly supported — 509(a)(2)

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The mission of the Valley Shore YMCA, Inc. is to develop and encourage the growth of all individuals in spirit, mind and body in an atmosphere of mutual respect. Our areas of focus are youth development, healthy living and social responsibility.

501(c)(3) charity; gifts are tax-deductible.
89¢ of each $1 spent went to programs.
Run by 171 volunteers and 173 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2025 · 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 $461K a year · 14% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
89%
of spending
Looks good: 89% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$215K
to officers and key staff · 6% of spending
Top officer’s pay higher than 56% of similar orgs
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $250
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$1.3M
19% of total assets
Looks good: liabilities are 19% of assets; 50% or less.
Pt X · Ln 26
Independent board members
18
of 19 voting members
Looks good: 18 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
$4.4M
+20% vs prior year
Spent
$3.9M
To programs
89%
Net assets
$5.7M
By yearFY2020–FY2025
Revenue
$4.4M
FY2025▲ +20%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.8M
FY2021$4.4M
FY2022$2.5M
FY2023$3.2M
FY2024$3.6M
FY2025$4.4M
Expenses
$3.9M
FY2025▲ +12%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.9M
FY2021$2.1M
FY2022$2.7M
FY2023$3.0M
FY2024$3.5M
FY2025$3.9M
Net assets
$5.7M
FY2025▲ +9%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.8M
FY2021$5.1M
FY2022$4.9M
FY2023$5.0M
FY2024$5.2M
FY2025$5.7M

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

Give Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Mar 1945.

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

Where the money goes

89 cents of each dollar spent went to programs.

Program services 89% · $3.4M Management & general 8% · $303K Fundraising 3% · $132K

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; $215K paid to officers and key staff.

Part VII, Section A · reportable compensation
Chief Executive Officer
$122,908Pt VII · Sec A
Chief Financial Officer
$92,145Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Tony Sharillo’s $123K as Chief Executive Officer is at the 56th percentile of top reported officer pay among 3868 $1–10M 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 · 3 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Chris Pallatto————$127,001$110,520
Tony Sharillo$122,908$117,728$117,545$101,562——
Deborah Quinn$92,145—————

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.

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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

Fosters personal growth in spirit, mind, and body through youth programs, healthy living, and community service.

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Provided by the organization

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3 programs · $3.4M · in their own filed words · FY2025
01

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, over 6000 people in our community may receive the support, guidance and resources they need to achieve greater health in spirit, mind and body.

$2.5Mprogram expense
02

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.

$968Kprogram expense
03

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. YMCA programs, such as the YMCA Community Garden where all produce is delivered to local food pantry, teaching CPR, First Aid and Life Saving classes to our community…

$12Kprogram 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 1 funder$250
Grants paid · 1 grant · $179K · 2025–2025
Unitemized GrantFY2025$178,856

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$4.4M
Ln 12
Fees for servicesLn 2g$3.6M
Gifts and grantsLn 1h$671K
Investment incomeLn 3$45K
Money outPt IX
$3.9M
Ln 25
Programscol B$3.4M
Managementcol C$303K
Fundraisingcol D$132K
Owns and owesPt X
$5.7M
net assets · Ln 32
Cash and savingsLn 1–2$666K
Total assetsLn 16$7.0M
LiabilitiesLn 26$1.3M
PeoplePt VI, VII
21
listed · VII A
PaidVII A2
Voting boardVI 1a19
IndependentVI 1b18
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$671K
Government grantsLn 1e$401K
Noncash giftsLn 1g$13K
Fundraising eventsLn 1c$73K
Fees for servicesLn 2g$3.6M
Investment incomeLn 3$45K
Other incomeLn 4–11$15K
Total revenueLn 12$4.4M
Assets in detailPt X, end of year
CashLn 1$276K
SavingsLn 2$391K
Cash and savings togetherLn 1–2$666K
InvestmentsLn 11–13$1.1M
Land, buildings, equipmentLn 10c$5.0M
Other assetsLn 15$17K
Total assetsLn 16$7.0M
LiabilitiesLn 26$1.3M
Net assetsLn 32$5.7M
OperationsPt I, VI
EmployeesI 5173
VolunteersI 6171
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 FY25End FY25
Cash and savingsLn 1–2$879K$666K
InvestmentsLn 11–13$932K$1.1M
Land, buildings, equipmentLn 10c$4.5M$5.0M
Total assetsLn 16$6.6M$7.0M
LiabilitiesLn 26$1.4M$1.3M
Net assetsLn 32$5.2M$5.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0$0
Grants to domestic individualsLn 2$179K$179K
Grants and assistance to foreign recipientsLn 3$0$0
Benefits paid to or for membersLn 4$0$0
Pay of current officers, directors and key staffLn 5$270K$81K$154K$36K
Other salaries and wagesLn 7$1.5M$1.4M$13K$48K
Pension plan contributionsLn 8$35K$35K$11$690
Other employee benefitsLn 9$76K$57K$6K$13K
Payroll taxesLn 10$132K$119K$6K$7K
Accounting feesLn 11c$45K$27K$16K$2K
Professional fundraising feesLn 11e$0$0
Investment management feesLn 11f$2K$0$2K$0
Other fees for servicesLn 11g$74K$64K$324$10K
Advertising and promotionLn 12$52K$49K$840$2K
Office expensesLn 13$22K$10K$9K$3K
Information technologyLn 14$66K$0$66K$0
OccupancyLn 16$449K$446K$2K$2K
Conferences, conventions and meetingsLn 19$18K$6K$11K$1K
InterestLn 20$30K$30K$113$113
Payments to affiliatesLn 21$58K$54K$3K$290
Depreciation, depletion and amortizationLn 22$416K$413K$2K$2K
InsuranceLn 23$166K$165K$621$621
Other expenses (24a–d)Ln 24$272K$262K$4K$6K
All other expensesLn 24e$9K$0$9K$0
Total functional expensesLn 25$3.9M$3.4M$303K$132K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest Viewing $4.4M$3.9M$493K$5.7M 990 PDF
FY2024 $3.6M$3.5M$165K$5.2M 990 PDF
FY2023 $3.2M$3.0M$143K$5.0M 990 PDF
FY2022 $2.5M$2.7M−$182K$4.9M 990 PDF
FY2021 $4.4M$2.1M$2.3M$5.1M 990 PDF
FY2020 $1.8M$1.9M−$163K$2.8M 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 FY2025 990 (6 parts)
Part I · Summary $4,370,435 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $355,329$670,891
I-9 Program service revenuePrior year $3,188,306$3,638,912
I-10 Investment incomePrior year $61,660$45,153
I-11 Other revenuePrior year $32,509$15,479
I-12 Total revenuePrior year $3,637,804$4,370,435
I-13 Grants and similar amounts paidPrior year $131,326$178,856
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $1,914,915$2,019,723
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,426,607$1,679,343
I-18 Total expensesPrior year $3,472,848$3,877,922
I-19 Revenue less expensesPrior year $164,956$492,513
Part VI · Governance 18 of 19 board members independent, no flags
VI-1a Voting members of the governing body19
VI-1b Independent voting members18
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $4,370,435 across 15 lines filed
Lines not itemized here account for $991 of total revenue; see the IRS return.
VIII-1a Federated campaigns$1,000
VIII-1b Membership dues$0
VIII-1c Fundraising events$72,528
VIII-1d Related organizations$0
VIII-1e Government grants$400,707
VIII-1f All other contributions, gifts and grants$196,656
VIII-1g Noncash contributions (included above)$12,788
VIII-1h Total contributions, gifts and grants$670,891
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $3,638,912$3,638,912
VIII-3 Investment incomeExcluded from tax $45,153$45,153
VIII-5 RoyaltiesExcluded from tax $0$0
VIII-6 Net rental income or lossExcluded from tax $14,423$14,423
VIII-8 Net income from fundraising eventsExcluded from tax −$4,872−$4,872
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $4,937$4,937
VIII-12 Total revenueRelated to mission $3,638,912 · Unrelated business $0 · Excluded from tax $60,632$4,370,435
Part IX · Statement of functional expenses $3,877,922 across 24 lines filed
IX-1 Grants to domestic organizationsPrograms $0$0
IX-2 Grants to domestic individualsPrograms $178,856$178,856
IX-3 Grants and assistance to foreign recipientsPrograms $0$0
IX-4 Benefits paid to or for membersPrograms $0$0
IX-5 Pay of current officers, directors and key staffPrograms $80,624 · Management $153,572 · Fundraising $36,117$270,313
IX-7 Other salaries and wagesPrograms $1,445,796 · Management $12,624 · Fundraising $48,219$1,506,639
IX-8 Pension plan contributionsPrograms $34,685 · Management $11 · Fundraising $690$35,386
IX-9 Other employee benefitsPrograms $57,352 · Management $5,856 · Fundraising $12,506$75,714
IX-10 Payroll taxesPrograms $119,375 · Management $5,707 · Fundraising $6,589$131,671
IX-11c Accounting feesPrograms $27,235 · Management $16,015 · Fundraising $1,574$44,824
IX-11e Professional fundraising feesFundraising $0$0
IX-11f Investment management feesPrograms $0 · Management $2,259 · Fundraising $0$2,259
IX-11g Other fees for servicesPrograms $64,350 · Management $324 · Fundraising $9,519$74,193
IX-12 Advertising and promotionPrograms $48,981 · Management $840 · Fundraising $2,370$52,191
IX-13 Office expensesPrograms $10,146 · Management $9,019 · Fundraising $2,582$21,747
IX-14 Information technologyPrograms $0 · Management $65,518 · Fundraising $0$65,518
IX-16 OccupancyPrograms $445,763 · Management $1,646 · Fundraising $1,612$449,021
IX-19 Conferences, conventions and meetingsPrograms $5,709 · Management $11,331 · Fundraising $1,424$18,464
IX-20 InterestPrograms $29,904 · Management $113 · Fundraising $113$30,130
IX-21 Payments to affiliatesPrograms $54,185 · Management $3,477 · Fundraising $290$57,952
IX-22 Depreciation, depletion and amortizationPrograms $412,774 · Management $1,560 · Fundraising $1,560$415,894
IX-23 InsurancePrograms $164,854 · Management $621 · Fundraising $621$166,096
IX-24 Other expenses (24a–d)Programs $261,883 · Management $4,286 · Fundraising $6,236$272,405
IX-24e All other expensesPrograms $0 · Management $8,649 · Fundraising $0$8,649
IX-25 Total functional expensesPrograms $3,442,472 · Management $303,428 · Fundraising $132,022$3,877,922
Part X · Balance sheet $7,020,689 assets, 22 lines filed
X-1 Cash, non-interest-bearingStart of year $411,328$275,861
X-2 Savings and temporary cash investmentsStart of year $468,167$390,543
X-3 Pledges and grants receivableStart of year $149,885$102,760
X-4 Accounts receivableStart of year $6,350$5,448
X-8 Inventories for sale or useStart of year $1,701$1,035
X-9 Prepaid expenses and deferred chargesStart of year $33,776$44,255
X-10c Land, buildings and equipment, netStart of year $4,540,177$5,042,161
X-11 Publicly traded securitiesStart of year $931,724$1,118,068
X-14 Intangible assetsStart of year $7,974$23,922
X-15 Other assetsStart of year $16,629$16,636
X-16 Total assetsStart of year $6,567,711$7,020,689
X-17 Accounts payable and accrued expensesStart of year $115,474$90,078
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $96,502$92,931
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $7,974$23,922
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $1,354,458$1,312,664
X-27 Net assets without donor restrictionsStart of year $4,698,415$5,512,291
X-28 Net assets with donor restrictionsStart of year $514,838$195,734
X-32 Total net assets or fund balancesStart of year $5,213,253$5,708,025
X-33 Total liabilities and net assetsStart of year $6,567,711$7,020,689
Part XI · Reconciliation of net assets $5,708,025 net assets at year end
XI-1 Total revenue$4,370,435
XI-2 Total expenses$3,877,922
XI-3 Revenue less expenses$492,513
XI-4 Net assets at start of year$5,213,253
XI-5 Net unrealized gains (losses) on investments$0
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$2,259
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$5,708,025

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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