Schaumburg And Elgin Ymca Announce Management Agreement
Schaumburg and Elgin, IL --- The Prairie Valley Family YMCA of the Greater Elgin area Board of Directors and the Alfred Campanelli YMCA Board of Directors proudly announce a new management agreement in which the Campanelli CEO, Dr. Gary Bublitz, will provide CEO leadership of both the Campanelli Y and the Prairie Valley Family Y effective February 16, 2013.
A joint committee of board members worked for approximately two months on the planning and due diligence of the agreement culminating in a unanimous board vote on both boards in favour of the management agreement.
As part of the management agreement, members of the Alfred Campanelli Board of Directors will join with members of the Prairie Valley Family Board of Directors to provide oversight of the management agreement. This agreement will join four branch locations of Prairie Valley Family Y (Camp Edwards, Gilberts, St. Charles, and Taylor) with the Campanelli Y and Zurich Fitness Center, representing a total budget responsibility of nearly $6 million and over 8,000 members.
Bublitz said, “The management agreement brings together two strong YMCAs with a long history of working together to create an association stronger than each entity independently. The goal of this agreement is to work toward merging both organizations at some point in the future”. In 1968, the Elgin YMCA created the Twinbrook branch in Schaumburg, and in 1983 Twinbrook became an independent Y. Now, the two organizations will once again reunite to provide YMCA services across the northwest suburban and Fox Valley regions.
Representatives of the YMCA of the USA and various community leaders eagerly supported this agreement.
ABOUT THE YMCA
Alfred Campanelli and Prairie Valley Family YMCAs are part of one of the nation's leading nonprofits organized to strengthening communities through youth development, healthy living, and social responsibility. Across the US, over 2,500 Ys engage 21 million men, women, and children – regardless of age, income, or background – to nurture the potential of all, as well as improve the nation's health and well-being. As charitable organizations, YMCAs provide opportunities to give back and support neighbors. Anchored in more than 10,000 communities, the Y has the long-standing relationships and physical presence not just to promise, but to deliver, long lasting personal, and social change. Financial assistance is made available for YMCA membership and programs through the YMCA to individuals and families who substantiate need. Prairie Valley Family YMCA is located at 50 N. McLean in Elgin and Alfred Campanelli YMCA is located at 300 W. Wise Road in Schaumburg. To learn more, call the Elgin location (603) 503-6570 or Schaumburg location (847) 891-9622. Visit us on the web at www.pvfymca.org and www.campanelliymca.org.