Better Business Bureau Report for
YMCA of Greater Louisville

Better Business Bureau Report issued December 2014
Better Business Bureau Report expires December 2016

This BBB Accredited charity meets all 20 Standards for Charity Accountability and is a Seal Holder. Find out more...

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Charity Contact Information

Name: YMCA of Greater Louisville
Address: 545 S. 2nd Street
  Louisville, KY 40202
Phone: 502-587-9622
Web Address:
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Better Business Bureau Comments

Year, State Incorporated: 1853, Kentucky
Affiliates: None
Stated Purpose: The mission of the YMCA of Greater Louisville is to put Christian principles into practice through programs that build healthy spirit, mind, and body for all. The Boards of the YMCA of Greater Louisville and the YMCA of Southern Indiana voted to merged, effective January 1, 2016. The two YMCAs joined under the name of the YMCA of Greater Louisville.

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Evaluation Conclusions


YMCA of Greater Louisville meets the 20 Standards for Charity Accountability.
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The Y is an organization of men, women and children of all ages and from all walks of life joined together by a shared passion to strengthen the foundations of community. with a commitment to nurturing the potential of kids, promoting healthy living and fostering a sense of social responsibility, the Y ensures that every individual has access to the essentials needed to learn , grow and thrive. Through mulitple community-base facilities, the organization's programs and services are designed and delivered to instill the values of caring, honesty, respect and responsibility. The Y is and always will be dedicated to building healthy, confident, connected and secure children, adults, families and communities.

For the fiscal year ended December 31, 2014, YMCA of Greater Louisville's program expenses were:

Program Expense 35,521,904
Total Program Expenses: $35,521,904
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Chief Executive : R. Stephen Tarver, President & CEO

Chair of the Board: G. Bradley Smith
Chair's Profession / Business Affiliation: Partner, Mountjoy Chilton and Medley

Board Size: 29

Paid Staff Size: 1250

*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.
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Fund Raising


Method(s) Used:

Fund raising methods include direct mail, telephone, invitations to fund raising events, grant proposals, internet appeals, planned giving arrangements, and membership.

In addition, the YMCA of Greater Louisville is a Metro United Way member agency.

Fund raising costs were 6% of related contributions. (Related contributions, which totaled $8,071,746, are donations received as a result of fund raising activities.)
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Tax Status


This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
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The following information is based on YMCA of Greater Louisville's audited financial statements - consolidated for the fiscal year ended December 31, 2014.

Ending net assets as reported below include $44,082,279 in unrestricted net assets , $3,589,780 in temporarily restricted net assets, and $1,344,283 in permanently restricted net assets.

Unrestricted net assets include $15,949,402 in Board designated reserves, $3,134,261 in a Board designated endowment, and $24,998,616 in undesignated assets.

Total assets as reported include $46,553,523 invested in property and equipment, net.

Source of Funds  
Membership 18,800,126
Program Fees 16,658,124
Government Grants 4,513,436
Contribuions 2,118,251
Metro United Way 757,252
In kind 337,624
Other grants 310,514
Garage and rental income 230,531
Change in fair value of derivative financial instruments 227,521
Investments 199,172
Net realized and unrealized gain on investments 129,193
Sales of merchandise 96,669
Gain on sale of propeerty and equipment 69,464
Special Events 34,669
Misc 16,294
Total Income $44,498,840


Uses of Funds as a % of Total Expenses

Programs: 87%  Fund Raising: 1%  Administrative: 12% 

Total income $44,498,840
Program expenses $35,521,904
Fund raising expenses 457,995
Administrative expenses 5,007,844
Total expenses $40,987,743
Income in Excess of Expenses 3,511,097
Beginning net assets 45,505,245
Ending net assets 49,016,342
Total liabilities 26,462,943
Total assets $75,479,285

This report was originally issued in December 2014. Financial information was updated in March 2016.

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An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the BBB Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fund raising or promotional purposes.

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