The Alliance of New York State YMCAs thanks Senator Schumer for his support of the HEROES Act legislation providing non-profit organizations with access to federal stimulus funds.
ALBANY, N.Y. – The Alliance of New York State YMCAs applauds the efforts of New York’s Senator Schumer to ensure that non-profit organizations, like the YMCA, are able to access Federal stimulus funds during the COVID-19 crisis.
“All of us at the Y would like to offer our sincerest thanks to Senator Schumer for his continued efforts to include non-profit organizations in the federal stimulus funds,” announced Kyle Stewart, Executive Director at the Alliance of New York State YMCAs. “As the third largest employer segment in the country, non-profits have been largely shut out from accessing federal funds in the CARES Act, and now the survival of these vital community organizations is at risk.”
Under the Health and Economic Recovery Omnibus Emergency Solutions Act (HEROES Act), non-profit organizations of all sizes, including those with more than 500 employees, would receive expanded access to the Paycheck Protection Program. The expansion of the $659B PPP would also provide a dedicated 25% funding stream which would be reserved to help non-profits of all sizes.
According to the Johns Hopkins Center for Civil Society Studies, New York State non-profits represent 17.7% of all private employers in the state. Additionally, prior to COVID-19, New York State’s 37 YMCA Associations employed nearly 35,000 individuals and served 1.5 million New Yorkers.
“YMCAs and non-profits across the country have stepped up to support their communities in incredible ways,” said Stewart. “We are grateful to have so many supporters, and we hope that they can successfully convince their fellow representatives to support the HEROES Act.
Along with Senator Schumer, the Alliance would like to offer our appreciation to Senator Gillibrand, Congresswoman Velazquez, Congresswoman Maloney, Congresswoman Lowey, Chairman Nadler, Congressman Engel and the entire New York delegation for working closely with nonprofits in identifying policy solutions to support all New Yorkers.
About the Alliance of New York State YMCAs:
The Alliance of New York State YMCAs represents the 37 YMCA Associations and over 140 branches that call New York home. In addition, through more than 1,863 collaborations with state agencies, school districts, and local organizations, Ys are able to maximize the number of lives impacted in the Empire State. At the Y, strengthening community is our cause. We work side-by-side with our neighbors to make sure that everyone, regardless of age, income, or background, has the opportunity to learn, grow, and thrive. For more information visit www.YMCANYS.org.
Alliance of New York State YMCA