YMCA celebrates growth

The YMCA has grand plans for the future and a major step has been reached in leaving problems in the past.

As of this year, the Greenwich YMCA is now debt free, which the organization said marks the beginning of an exciting new phase of growth and community enrichment for the organization.

It was able to negotiate and eliminate debt by raising a significant amount of capital, thanks to the generosity of its donors. For the first time in years, the YMCA has a fully finished building, a balanced operating budget and no debt. Chairman of the Board of Directors Jim Cabrera has said that now the gym will be able to “focus on its mission of youth development, healthy living and social responsibility.”

Though very good news, the debt elimination is not the only milestone the YMCA has to celebrate. Recent highlights also include implementing a new afterschool program at New Lebanon School, doubling summer camp enrollment,and creating a junior board of directors, among many others.

YMCA CEO Ed Philipp said he is confident of the future ahead and stresses that the community can expect more improvements across the board.

“2013 was a good year for the YMCA,” Mr. Phillip said. “We’ve completed and opened our entire building to the community. And we have gotten our financial house in order. While 2013 was very good, 2014 is going to be even better. We will continue to improve our facilities with new equipment. Our athletes will compete on national and international levels and we will continue to grow our membership and programming.”

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