Financial summary
In the past year, we opened up two Early Learning Centres in Wyndham Vale and Tarneit, and the Board made the strategic decision to exit out of the retirement living sector during the year. The impact of the COVID-19 pandemic was significant, not only financially but also on our customers, suppliers, council partners and staff. For the year ending 30 June 2020, YMCA Victoria had a consolidated net deficit of $88,479.
How COVID-19 affected us
Fundraising overview
Fundraising plays an important role in contributing to our benevolent spend commitment. In 2019-2020, YMCA Victoria raised $925,340 through fundraising activities, and we spent $10,781,279 on providing programs and services to people in need, supporting the communities in which we work. Thank you to our all donors and fundraisers who have contributed to the Y. A special shout out to Terry Mitropoulos, who donated $60,000 to YMCA Victoria.
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Entities
- The Young Men's Christian Association of Victorian Inc
ABN 81 174 456 784 / A0026728G
Community non-profit charity providing support to the community
- Victorian YMCA Community Programming Pty Ltd
ABN 75 092 818 445 / ACN 092 818 445
Offers recreational and childcare services across the state
- YMCA Aquatic Education Ltd
ABN 88 151 552 322 / ACN 151 552 322
Provision of learn to swim programs offered under the King Swim brand
- YMCA Aquatic & Event Services Ltd
ABN 16 148 092 148 / ACN 148 092 148
Management of the South Australian Aquatic & Leisure Centre on behalf of the SA government
- Victorian YMCA Accommodation Services Pty Ltd
ABN 94 081 270 706 / ACN 081 270 706
Management of student accommodation
- Victorian YMCA Youth & Community Services
ABN 42 858 439 742 / A0046043N
Ensures benevolent access to programs and services for people in need
- YMCA Camping Limited
ABN 77 606 062 793 / ACN 606 062 793
Management of camping facilities
- Activating Communities Ltd
ABN 31 619 359 590 / ACN 619 359 590
Retirement Living – project sold during the year and entity no longer trading
- The Young Men's Christian Association of Victorian Inc