YMCA of Silicon Valley

Legal name: Young Men's Christian Association of Silicon Valley

Nonprofit profile at a glance

EIN
941156318
IRS 990 coverage
2009–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
San Jose, CA, United States
Phone
4083516400
Rating
83
Verdict
STRONG
Rating confidence
Moderate
Sector
Young Men's or Women's Associations
Affiliation
Christianity

Official website

Reported finances

Revenue
$83,880,883
Expenses
$82,623,010
Assets
$95,922,307
Liabilities
$16,388,211

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

Leadership & pay

42 people listed

Executive titles in this filing

  • JAMES HORI (PRESIDENT-CEO)
  • RICK VALDEZ (DISTRICT EXECUTIVE DIRECTOR)
  • RENEE ZIMMERMAN (DISTRICT EXECUTIVE DIRECTOR)
  • JAMES MC GOWAN (VICE PRESIDENT)
  • DANIEL KOBA (DISTRICT EXECUTIVE DIRECTOR)
  • JILL GARY (DISTRICT EXECUTIVE DIRECTOR)

Highest reported compensation

  • SHERYL JONES 052024 TERM (CHIEF FINANCIAL OFFICER): $1,008,034 total reported compensation
  • JAMES HORI (PRESIDENT-CEO): $963,577 total reported compensation
  • KARLA JESSUP (CHIEF ADMIN & STRATEGY OFFICER): $616,144 total reported compensation

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

Overview

Mission

YMCA of Silicon Valley is a 501(c)(3) nonprofit strengthening community through youth development, healthy living, and social responsibility. Across Santa Clara and San Mateo counties, YMCA of Silicon Valley serves 250,000 individuals — regardless of age, income or background — by nurturing the potential of children and teens, improving health and well-being, and providing opportunities to give back and support our neighbors. The organization collaborates with 190 community partners and delivers programs and services at 10 health and wellness facilities, one resident camp and more than 300 school and community sites. Last year, YMCA of Silicon Valley leveraged more than $17 million in suppor.

What it reported doing in 2024

Youth development/social responsibility - our y is committed to nurturing the potential of every child and teen. We cultivate the values, skills and relationships that lead to positive behaviors, educational achievement and better health. Our programs (including child care, after school, camping, youth sports, leadership development, summer and early learning, parent-child and family) offer experiences that enrich cognitive, social, physical and emotional growth and strengthen family connections. In y facilities and throughout the community, we serve 115,788 children and teens. Subsidies and financial assistance make participation possible for those in need. Our y is committed to strengthening our community and responding to critical social needs. Project cornerstone is our community initiative to partner with schools, engage parent volunteers, and provide on-campus programming to 68,094 students to build self-esteem, prevent bullying and risky behaviors, and create a positive school climate. We fight hunger by providing 624,594 healthy meals and snacks to those in need. We engage 5,806 donors and 3,921 volunteers who devote time and resources to help others. We create healthy, balanced families and communities.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
Distribution model
Direct operator. The filing allocates 100% 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. Program spending has declined or grown slowly and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 84
  • Accountability: 98
  • Sustainability: 41
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 85.7%; rating input score 86
  • Program expense ratio: 86.6%; rating input score 87
  • Fundraising efficiency: $18.78 raised per $1 spent on fundraising; rating input score 56; 56th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • 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: 96.3%; rating input score 96; 51st percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 1.5%; rating input score 40; 40th percentile among comparable filings
  • Total-asset coverage ratio: 1.16; rating input score 45; 45th percentile among comparable filings
  • Liabilities to assets ratio: 0.17; rating input score 73; 73rd percentile among comparable filings
  • Officer compensation ratio: 9.3%; rating input score 4; 4th percentile among comparable filings

Growth

  • Program expense growth: -1.5% per year; rating input score 0; 5th percentile among comparable filings
  • Revenue growth: 0.1% per year; rating input score 100; 6th percentile among comparable filings
  • Asset growth: 0.7% per year; rating input score 100; 9th percentile among comparable filings

Details

  • What they do: Mission, programs, and operating context captured from the official website.
  • Where the money goes: 85.7% of revenue deployed · 86.6% of spending went to programs
  • Governance: 26 of 27 board members independent · 9 of 9 filing controls reported
  • Programs: 2 filed program accomplishments · $71.5M in reported program spending
  • Leadership: top reported pay $1M · 42 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $3M reported
  • Consistency: 39 of 39 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 16 filed money-flow records
  • 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

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

  • High — Growth: Program expense growth scored 0/100.
  • Review — Financial Efficiency: Fundraising efficiency scored 56/100.
  • Moderate — Sustainability: Operating margin scored 40/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
  • High — Sustainability: Officer compensation ratio scored 4/100.