Meriden YMCA

Legal name: Meriden-new Britain-berlin Young Men's Christian Association Inc

Nonprofit profile at a glance

EIN
060646977
IRS 990 coverage
2014–2024
Official website data refreshed
Aug 2026
Forms available
Form 990 2024
Location
Meriden, CT, US
Phone
203-235-6386
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Young Men's or Women's Associations
Affiliation
Christianity

Official website

Reported finances

Revenue
$22,199,950
Expenses
$21,071,589
Assets
$24,420,983
Liabilities
$4,603,266

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

20 people listed

Executive titles in this filing

  • JOHN BENIGNI (CEO)
  • LOUIS MARTOCCHIO (PRESIDENT)

Highest reported compensation

  • JOHN BENIGNI (CEO): $329,309 total reported compensation
  • STEVE MARKOJA (COO): $187,574 total reported compensation
  • SUSAN CHESTER (CFO): $142,447 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The Y is made up of people of all ages, from all walks of life, working side-by-side to strengthen communities. Together, we strive to ensure that everyone, regardless of ability, age, cultural background, ethnicity, faith, gender, gender expression, gender identity, ideology, income, national origin, race or sexual orientation has the opportunity to reach their full potential with dignity. Our core values are caring, honesty, respect and responsibility — they guide everything we do. Our Mission The YMCA is a nonprofit organization whose mission is to put Christian principles into practice through programs that build healthy spirit, mind and body for all.

What it reported doing in 2024

Social responsibility - a total of 575 children attended each session of mountain mist day camp (meriden) and camp thundermoon (new britain-berlin). Over 80% of scholarships awarded attended mountain mist day camp. Both camps are full service state licensed day camp operations. Our camp facilities include a pool, playscapes, soccer fields, basketball courts, baseball fields, rock climbing apparatus and covered picnic areas. These camps provide transportation and extended hours, making it convenient for working parents. The ymca summer camps provide an enriching experience for children ages 3-16 and ensures children are having a fun, productive summer. Scholarships were provided to over 40% of the campers and no one is turned away for inability to pay. Hart house at the new britain ymca provides a home for up to 88 adult male members-in-residence offering a caring, clean, safe, affordable living experience to those in need. We have community partnerships with agencies to provide support services to those in need. Our y offers various arts and enrichment programs including youth theater, dance, clay and drawing, screenwriting, and stem including coding and robotics as well as home school enrichment programs. 78 youth between the ages of 14 and 24 took advantage of the summer youth employment program which prepares youth for the workforce. The y serves holiday meals to our hart house residents and to those who attend our thanksgiving and christmas community dinners. Our ymca served and delivered over 550 meals on thanksgiving and christmas day.

Operating model

Revenue model
Grant-funded. 60% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 99% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 79
  • Accountability: 95
  • Sustainability: 52
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 84.4%; rating input score 84
  • Program expense ratio: 88.8%; rating input score 89
  • Fundraising efficiency: $193.86 raised per $1 spent on fundraising; rating input score 90; 90th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 5.1%; rating input score 54; 54th percentile among comparable filings
  • Total-asset coverage ratio: 1.16; rating input score 41; 41st percentile among comparable filings
  • Liabilities to assets ratio: 0.19; rating input score 60; 60th percentile among comparable filings
  • Officer compensation ratio: 3.2%; rating input score 66; 66th percentile among comparable filings

Growth

  • Program expense growth: 9.4% per year; rating input score 100; 68th percentile among comparable filings
  • Revenue growth: 9.6% per year; rating input score 100; 72nd percentile among comparable filings
  • Asset growth: 9.5% per year; rating input score 100; 62nd percentile among comparable filings

Details

  • What they do: 3 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 84.4% of revenue deployed · 88.8% of spending went to programs
  • Governance: 17 of 17 board members independent · 8 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $18.7M in reported program spending
  • Leadership: top reported pay $329K · 20 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $1M reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 9 filed schedules · includes major donors and executive pay
  • Filing history: 10 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Sustainability: Operating margin scored 54/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 41/100.