YMCA names permanent CEO; finances trending in right direction
MARQUETTE — 2016 was not exactly a banner year for the YMCA of Marquette County. The facility’s long-time executive director resigned, putting the future of ‘The Y’ in question with a $5 million debt.
Fast forward almost a year later and things are vastly improving at the YMCA. Earlier this week, interim CEO Jenna Zdunek was named the permanent CEO going forward.
The 15-year veteran of the YMCA says she thought long and hard about accepting the position. Zdunek says the support she’s received from the community is one of the reasons she accepted the job.
“I have so much hope that there’s this huge light for us and that everything is going to be ok. I thought I can do this,” said Zdunek. “Taking the interim away from my title and the board allowing me to do this and their support is huge as well.”
Right now, ‘The Y’ has a $4 million debt. Nearly $3 million of that is a USDA loan the facility took out for the addition they made two years ago.
Overall Zdunek says their financial situation is improving.
“We decreased our Accounts Payable. It was almost $400,000 in March. Now, our AP is under $50,000. It’s the normal operations to run our facility,” she said. “Now basically all of our bills are in the 30-day, we’re paying things on time and just really getting back to the basics of what a Y should be.”
Zdunek says The YMCA has 5,400 members, which is on par with what they had at this time last year.