YMCA OF GREATER BOSTON2013 Annual Report

THE Y.SO MUCH MORE

Dear Friends,

At the YMCA of Greater Boston, strengthening community is our cause. In 2013, we worked side-by-side with our neighbors and partners to respond to the most critical social needs of our communities. Whether it was developing skills and supporting academic achievement through our child education and teen programs, welcoming and connecting diverse demographic populations through job training and adult education, or preventing chronic disease and building healthier communities through our healthy living programs the Y of Greater Boston provided a welcoming place for personal growth.

Thanks to the support of community members like you, individuals throughout Greater Boston were able to achieve great things with the help of the Y. Inside are just a few stories and highlights from the year.

In December 2013, we partnered with Sun Life to launch the YMCA’s national Diabetes Prevention Program (DPP) in Boston. This evidence based program targets the 79 million Americans who are pre-diabetic. Today, diabetes affects nearly 26 million Americans and costs $174 billion in direct medical costs and indirect cost such as work loss and premature mortality. In 2014, the YMCA’s DPP will be rolled out in the Boston communities experiencing the highest rates of diabetes and help overweight adults at risk for Type 2 diabetes reduce their risk for developing the disease by taking steps that will improve their overall health and well-being.

Also in 2013, renovations to the historical Huntington Avenue YMCA began. This fall the Huntington Avenue Y will be ready to serve Boston with its new and improved state-of-the art facilities. This will include a new aquatics center, gym, expanded fitness center and several multi-purpose rooms. It will also include a teen center and classrooms for adult education, after school care and summer programs. We will maintain our existing 88 units of affordable housing, preserve the building façade along Huntington Ave and keep our iconic YMCA sign atop of the building.

We are grateful for your commitment to our mission and our work. Working together we are strengthening our community. Thank you for a great 2013 and we hope to see you at one of our 16 locations in 2014.

Best regards,

Jeff Conway Kevin WashingtonChairman of the Board President & CEO

FOR YOUTH DEVELOPMENT

Friendship. Achievement. Success.Confidence. Leadership. Fun.

“No one in my family knows how to swim and my son learning was always something I wanted for him,” say Tamar, a mother from Dorchester. “Swim lessons were an extra cost I couldn’t afford, and I was thrilled when I learned about the After School Free SwimProgram at the Y.”

In 2013, the YMCA of Greater Boston partnered with the Our Family Foundation by Stop and Shop to offer the After School Free Swim program. This program teaches children how to swim, keeps them physically active during out-of-school time, and helps them develop healthy life long habits.

Serving low-income children from Boston Public Schools, the After School Free Swimprogram is currently offered at both the Roxbury and Dorchester YMCAs. Water safety is an issue facing many children in Boston who don’t know how to swim or be safe around water, and are at increased risk for drowning or other water related accidents. African American and Latino children are particularly at-risk. Over 60% of African-American children cannot swim and drown at a rate almost three times the overall rate. Latino children have a 56% non-swimming rate.

“My son is excited to be swimming and I am happy that he is learning this skill,” says Tamar. “We are both happy that he will be safe in the pool with his friends this summer.”

RENAMED the Hyde Park YMCAthe THOMAS M. MENINO YMCA in honor

of the former Boston mayor and longtimeHyde Park resident.

YEAR IN REVIEW

Provided engaging LEADERSHIP DEVELOPMENT and recreational activities FREE to OVER 8,500

Greater Boston TEENS through our Get Summer program.

Thanks to funding from the State Street Foundation, the Y Achievers COLLEGE PREPARATION program is now being offered in FIVE city YMCA branches, with some locations offering the program in Boston Public Schools during the day.

YEAR IN REVIEW

YEAR IN REVIEW

FOR HEALTHY LIVING

Health. Happiness. Inspiration.Healing. Support. Well-Being.

“After recovering from a heart attack and surgery my doctors wanted me to exercise, but I found that physical therapy was getting too expensive, and that exercising at home left me alone for most of the week,” says Christine, age 77. “That’s when I decided to join the Y and signed up for the Active Older Adults program.” Active Older Adults is a program for seniors offered throughout our Association, and on any weekday morning you will find program participants, like Christine, ranging in age from 65-93 catching up and socializing in YMCA lobbies across the city as they prepare for their exercise classes.

The National Institutes of Health reports that even moderate exercise and physical activity can improve the health of seniors who are frail, or who have diseases that accompany aging. Regular exercise also helps improve balance, which decreases risk for falling. The Active Older Adults program includes group exercise classes, social events, low impact water exercise, and community education. For new participants, the program comes with a free six-month Y membership, and thanks to our Annual Fund and supporters like the Tuft Health Plan Foundation, we are able to offer Y scholarships for seniors who are in need of financial support.

“I love these classes and always leave feeling inspired,” says Christine. “The teachers are helpful and supportive, I have more energy, am gaining weight back; Most importantly I feel connected and have a sense of community. Even my doctors have commented on how great I look and tell me to keep up the good work!”

INCREASED the number ofpeople served through our

healthy living services by 17%.

The YMCA of Greater

Boston was named a

PROVIDER of the

YMCA’s DiabetesPrevention Programto be launched in 2014.

YEAR IN REVIEW

YEAR IN REVIEW

The LIVESTRONG Foundation and YMCA of the USA, in collaboration with the Dana Farber CancerInstitute and the Yale Medical School, selected the YMCA ofGreater Boston to be 1 of 4national research sites in their study measuring the impact of exercise on cancer patient and survivor’s mental and physical health.

YEAR IN REVIEW

FOR SOCIAL RESPONSIBILITY

Innovation. Independence. Community.Education. Responsibility. Service.

For over five years, the East Boston YMCA has been addressing child hunger and issues of food insecurity in East Boston and neighboring Boston communities, by offering free healthy meals and snacks during the summer months for children who rely on free or reduced-cost meals during the school year. In 2012, the East Boston Y also started serving family style dinners during their teen programs, which is when Gail Klimas, Operations Director, saw a need in the community for food education.

“Besides meals from the Y, many of the teens we served didn’t have access to fresh food and were eating mostly TV dinners or fast food,” says Gail. “Parents were coming to me and expressing their difficulties and frustrations, such as not knowing how to feed their family on a limited budget and in some instances not having access to a kitchen with a stove. This is when we got the idea for a community teaching kitchen.”

In 2013, thanks to generous support from donors and a strong partnership with Project Bread, the East Boston Y started construction on their Community Kitchen. The Community Kitchen will allow the Y and Project Bread to provide cooking classes for low-incomes families, community dinner, job training for youth and other essential programming. “We understand that cooking for families can be time consuming. Add in limited budgets and the job can often seem overwhelming,” said Ellen Parker, Executive Director of Project Bread. “In partnering with the East Boston YMCA, we are hoping to show parents how to prepare simple, healthy, and kid-friendly meals that meet the budgetary needs of many local families.”

Launched Transition to College and Careers to INCREASEACCESS for limited English speaking Greater Boston residents to improve their ENGLISH SKILLS and gain entry into college,

a certificate program, or a skills training program.

YEAR IN REVIEW

GRADUATED the 100th cycle ofTraining, Inc. In its 30-year history, Training, Inc. has helped more than4,000 individuals find PROFESSIONALEMPLOYMENT, which leads to a morePROSPEROUS for themselves andtheir families.

Invested $30 million in the 1912 HISTORICHuntington Avenue Y to ensure it is

WELCOMING and BARRIER FREE forgenerations to come.

YEAR IN REVIEW

YEAR IN REVIEW

YMCA ACHIEVERS Kevin Foster Co-Chair

Lydia Greene Co-Chair

BURBANK YMCA Thomas B. O’Rourke Chair

YMCA CAMPING SERVICES Diana Todaro Getman Chair

CHARLES RIVER YMCA John Gallo Chair

CHARLESTOWN YMCA Peter Kershaw Chair

DORCHESTER YMCA Bill Howland Chair

EAST BOSTON YMCA Sal DiStefano Chair

EDUCATION & TRAINING YMCA Meg Somerville Chair

HUNTINGTON AVENUE YMCA Mitchell B. Feldman Chair

NORTH SUBURBAN YMCA Charlie Skeele Chair

OAK SQUARE YMCA Daniel Cuddy Chair

ROXBURY YMCA Laura Dickerson* Chair

Kenneth Willis Chair

THOMAS M. MENINO YMCA Scott Smith* Chair

Marilynne Smith Quarcoo Chair

WALTHAM YMCA Kenneth J. Pickard Chair

WANG YMCA William Moy* Chair

Dr. Bak Fun Wong Chair WEST ROXBURY YMCA James W. Hennigan III Chair

*Term as Chair ended during 2013

2013 BRANCH BOARD LEADERSHIP MANAGEMENT TEAM

Kevin WashingtonPresident & CEO

Ed DahlstedtVice President – Property Management

Mark DenglerExecutive Vice President – Operations

Donna DesmondVice President – Finance

Paul E. MantellVice President – Human Resources

Natalie NortonSenior Vice President – Operations

Kelley RiceSenior Vice President – Development & Communications

Craig SchultzeVice President – Information Systems

Harold SparrowSenior Vice President – Operations

Ann C. TikkanenExecutive Vice President – Chief Financial Officer

Amy TurnerSenior Vice President-Child Development & Out of School Time Programming

Stuart WestlandVice President- Marketing

2013 GENERAL BOARDMEMBERSMark S. AinChairmanKronos Incorporated

Hope A. AldrichPresident & CEOEastern Insurance Group LLC

Richard H. AldrichPartnerLongwood Fund

Brant BinderPresidentX-Body Biosciences

Kevin J. BlakePartner and Senior Vice PresidentWellington Management Company, LLP

Frederick H. ChicosChairmanChristie & Associates, LLC

Daniel F. ConleySuffolk County District Attorney

John G. ConleyPartnerGilliam Capital

Joseph E. CorcoranChairmanCorcoran Jennison Companies, Inc.

Donald E. ConoverConover Associates, LLC

C. Michael DaleyCommunity Volunteer

David A. DamassaDean for Information TechnologyTufts University School of Medicine

Kevin A. FosterSenior Product Marketing ManagerProgress Software

John P. FowlerExecutive Managing DirectorHFF

CHAIRJeff ConwayExecutive Vice President, Head of State Street Global ExchangeState Street Corporation

VICE CHAIRSElizabeth B. BurnettMember, LitigationMintz, Levin, Cohn, Ferris,Glovsky & Popeo P.C.

Eileen M. ConnorsCommunity Volunteer

William I. HuyettDirectorMcKinsey & Company

Brian H. KavoogianPresidentCharles River Realty Investors, LLC

TREASURERRichard C. WatersPresident, CEO and Research FellowMitsubishi Electric ResearchLaboratories

David G. FubiniDirectorMcKinsey & Company

Reverend Gregory G. GrooverPastorThe Historic Charles Street A.M.E. Church

Michelle W. HechtSenior Vice President,Head of Strategic CommunicationsRBS Citizens Financial Group, Inc.

Professor Cornelius K. HurleyDirectorCenter for Finance, Law & PolicyBoston University

Evelyn KauppTax PartnerDeloitte Tax LLP

Robert E. KenneyVice President/PrincipalKenney Development Company Inc.

Teresa K. KosterDivision PresidentGallagher Koster

Maria ManningFinance DirectorRSA, The Security Division of EMC

Matt McPherronManaging DirectorBain Capital/Brookside Capital

C. Ann MerrifieldChief Executive OfficerPathoGenetix

Tara MurphyExecutive Vice President, HealthcareWeber Shandwick

Charlayne Murrell-SmithVice President Corporate Development & External RelationsBoston Children’s Museum

Jack R. O’ConnorPrincipalJRO Associates

Jill W. OnderdonkAffordable Housing Consultant

James P. PalermoVice Chairman, BNY Mellon, RetiredChief Executive Officer,Global Client Management

William M. ParentPresident & CEOBlue Hills Bank

Charles R. ParrottCommunity Volunteer

Cynthia L. StraussDirector of ResearchFidelity Charitable

Nancy StuartChief Operating OfficerConcert Pharmaceuticals, Inc.

Tanisha M. Sullivan, Esq.Chief Equity OfficerBoston Public Schools

Alan W. TuckPartnerThe Bridgespan Group

Kate WalshPresident & CEOBoston Medical Center

Frederick A. WangCommunity Volunteer

Faith S. WeinerSenior Director Community RelationsCVS Caremark

M. David WilkinsVice President, Contracts and Supply ChainRaytheon Company

Unrestricted Temporarily Restricted

Permanently Restricted

Total2013

SUPPORT Sustaining contributions $ 2,471,423 - - 2,471,423 United Way 279,669 264,908 - 544,577 Other contributions and special events 1,659,537 556,032 - 2,215,569 Total support 4,410,629 820,940 - 5,231,569

REVENUE Program fees, including camping 26,203,615 - - 26,203,615

Residence fees and facility rentals 809,355 - - 809,355 Membership dues and joining fees 22,029,520 - - 22,029,520 Contract and grant revenues 9,539,558 - - 9,539,558 Other revenues 1,545,340 - - 1,545,340 Investment income used in operations, net 520,213 - - 520,213 Net assets released from restriction 856,633 (856,633) - - Total revenue 61,504,234 (856,633) - 60,647,601 Total support and revenue 65,914,863 (35,693) - 65,879,170

EXPENSES Salaries, wages and other employment costs 38,614,750 - - 38,614,750 Contract and professional services 1,404,937 - - 1,404,937 Supplies, telephone, and postage 3,909,719 - - 3,909,719 Occupancy, transportation, and related costs 11,929,271 - - 11,929,271 Depreciation and amortization 3,564,842 - - 3,564,842 Other costs and expenses 4,918,034 - - 4,918,034 Total expenses 64,341,553 - - 64,341,553

Operating income (loss) 1,573,310 (35,693) - 1,537,617

OTHER REVENUES (EXPENSES) AND CHANGES Contributions for long-term investment - - 6,580 6,580 Capital contributions - 1,170,740 - 1,170,740 Contribution - Beneficial interest in trust - - 839,034 839,034 Net assets released - capital 976,588 (976,588) - - Reinvested return on investments 329,837 916,367 - 1,246,204 Change in fair value on interest rate swap agreement 2,427,956 - - 2,427,956 Transfers between restrictions 1,090,915 (282,810) (808,105) - Other changes 627,602 13,028 - 640,630 Total other revenues 5,452,898 840,737 37,509 6,331,144 Total change in net assets 7,026,208 805,044 37,509 7,868,761

Net assets, beginning of year 52,987,597 10,433,792 4,977,568 68,398,957Net assets, end of year 60,013,805 11,238,836 5,015,077 76,267,718

Consolidated Statement of Activities Year ended December 31, 2013

2013 2012

ASSETSCash and cash equivalents $ 14,930,576 27,102,051Funds held by third party 11,035,292 11,009,278Accounts receivable, net 2,409,585 1,372,644Contributions receivable, net 2,062,904 2,257,577Investments: Other investments 5,123,062 6,512,928 Endowments 14,583,119 13,423,508 Beneficial interest in perpetual trust 839,034 -Construction in progress 29,366,983 8,262,995Property, plant and equipment net of accumulated depreciation 60,176,106 58,305,679Other assets 3,226,516 3,232,096

Total assets $ 143,753,177 131,478,756

LIABILITIES AND NET ASSETSAccounts payable and accrued expenses 9,908,792 6,128,960Deferred revenue 631,948 390,748Asset retirement obligation 251,604 633,341Interest rate swap obligation 2,024,644 4,452,600Notes payable 8,679,150 8,679,150Mortgages and interest payable 4,099,321 -Bonds payable 41,890,000 42,795,000

Total liabilities 67,485,459 63,079,799

Net assets: Unrestricted 60,013,805 52,987,597 Temporarily restricted 11,238,836 10,433,792 Permanently restricted 5,015,077 4,977,568 Total net assets 76,267,718 68,398,957

Total liabilities and net assets $ 143,753,177 131,478,756

Consolidated Statements of Financial PositionDecember 31, 2013 and 2012

More than 5,000 donors support our cause by makinga gift to the YMCA of Greater Boston. Visit our donorlist on the web at ymcaboston.org/giving. Join them bymaking a gift at ymcaboston.org/giving/donate-now.

OUR YMCAsCity of BostonCHARLESTOWN YMCACharlestown

DORCHESTER YMCADorchester

EAST BOSTON YMCA East Boston

HUNTINGTON AVENUE YMCA Boston

OAK SQUARE YMCA Brighton

ROXBURY YMCA Roxbury

THOMAS M. MENINO YMCA Hyde Park

WANG YMCA OF CHINATOWNBoston

WEST ROXBURY YMCA West Roxbury

NeighboringCommunitiesBURBANK YMCA Reading

CHARLES RIVER YMCA Needham

NORTH SUBURBAN YMCA Woburn

WALTHAM YMCA Waltham

Signature ProgramsYMCA ACHIEVERS Egleston Square

YMCA CAMPING SERVICES Mirror Lake, NH

YMCA TRAINING, INC.Boston

YMCA INTERNATIONAL LEARNING CENTERBoston

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The YMCA of Greater Boston is dedicated to improving the health of mind, body and spirit of individuals and families in our communities. We welcome men and women, boys and girls of all incomes, faiths and cultures.