Save Our Y faces YMCA recertification hurdles head-on
SARASOTA - A whiteboard sign greets you at the door, advising Sarasota YMCA members of mounting financial contributions, closing in on two million dollars.
Before our Ys are officially Ys again, the organization must go through a process of recertification. Acting President Jim Purdy says the Y must show it’s financially viable.
“Many of the things are to make sure the organization will be sustainable not only financially but remaining a 501c3," says Purdy.
A 501c3 organization is exempt from federal income tax. It is one of 29 types of non-profit organizations in the US.
All of this is about the Y essentially starting over.
While the grassroots effort effectively kept both Y’s from shutting down, Purdy says growth is the goal.
“As we speak we’re at about 2700 almost 2800 memberships," says Purdy.
He guestimates 25% of those are new to the Sarasota Y branches.
"We are going to go on a membership drive like no other membership drive. Our goal is to be at a minimum by 5000 at the end of October or late November," says Purdy.
He says he will continue to lead in methodically piecing back together a broken administration via the new Save Our Y board, stating the magic number for operational sustainability occurs around 6500 members.