The Twin Falls YMCA is in hot water with its parent organization and has been put on notice that if it does not put its financial house in order, it could lose its charter.
The Twin Falls Times-News reported
Wednesday that, in a letter from the nonprofit's home office, the YMCA of Twin Falls was told "if problems aren't addressed, the organization is at risk of losing its charter with the national YMCA organization and its nonprofit status, affecting about 7,000 Magic Valley residents and three locations."
Gary Ettenger resigned his post as chief executive of the Twin Falls YMCA in March after a February assessment concluded he had been "providing false financial information," according to the Times-News
. The probe revealed that the Y had failed to pay $126,000 in payroll taxes, stopped paying membership dues to the national YMCA in August 2015 and there was a "lack of transparency in all areas of the operation."
' Julie Wootton reports the real jaw-dropper was the Y had "misused $693,000 in donations in 2014 tied to specific projects." That included a $600,000 donation specifically requiring a transformation of a Y pool into an indoor water park, yet no construction ever happened.
Local YMCA officials were scheduled to meet with Twin Falls city leaders May 25 regarding the controversy.