Member Update: April 17, 2020
April 17, 2020
Dear Y Community,
The Y’s dedication to building healthy spirit, mind, and body for all has not wavered during the coronavirus pandemic. Our community is suffering, and the needs are becoming more acute. The Y is here to help.
Since mid-March, we have served tens of thousands of our neighbors with emergency child care, feeding programs, homeschool resources, senior wellness checks, virtual workouts, and online classes.
Demand for these services is expected to climb as social isolation continues to take a toll on mental and physical health. Thank you to the many generous donors, volunteers, partners, and members who are helping us meet these needs.
This crisis has also taken a toll on the Y. It has decimated our operational revenue and forced us to furlough more than 90 percent of our staff.
We are pleased to share that our Y has been approved for a federal loan that allows us to cover payroll for part-time and full-time staff for eight weeks. This is a great relief for their families, and also infuses much-needed funds into the local economy.
However, this loan is a stop-gap measure that doesn’t guarantee the Y’s long-term sustainability. Membership dues, program fees, and donations are essential to help us meet hard direct costs.
To put our financial situation in perspective, membership and program revenue are down 61% since February, and each month we continue to carry more than $890,000 in facility and fixed costs.
We’re sharing this information because we want you to understand and appreciate how much your membership matters, both to us and to the community.
- Each pool we fill and keep clean is a chance to build confidence, prevent drowning, and supply summer jobs for teens.
- Each building we maintain ensures a safe, healthy environment where people can build strength and relationships.
- Each scholarship we provide for afterschool or camp is a lifeline for struggling families.
- Each meal we serve means a child won’t go to bed hungry.
The painful reality is that hundreds of Ys around the country might never reopen. You can help our Y survive by keeping your membership active or converting it to a charitable contribution while we’re closed.
Even if that’s not possible for you right now, please know that you are still part of the Y family. When you hurt, we hurt. We’re all in this together, and belonging to the Y has never meant more.
Please tell us what we can do to help you weather this crisis. We would be glad to adjust your account, provide emergency child care, or make sure you have something to eat. Learn more about these services here on our website.
The community needs the Y, and the Y needs you. Together we care. Together we serve. Together we will rebuild, for a better us.
Stay safe. Stay healthy. Stay strong. Stay with us.
President and CEO