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Did the YMCA have fire insurance?

Ashley Morris
StarNews
Rosemary Guendner holds the hand of daughter Hazel Guendner during the Wilmington Family YMCA's "Firemans Walk" at the YMCA on Feb. 28, 2015. The benefit honored the Wilmington Fire Department, New Hanover Fire Rescue, Wilmington Police Department, and New Hanover EMS for their response to the fire on Feb. 8. StarNews file photo

Rosemary Guendner holds the hand of daughter Hazel Guendner during the Wilmington Family YMCA’s “Firemans Walk” at the YMCA on Feb. 28, 2015. The benefit honored the Wilmington Fire Department, New Hanover Fire Rescue, Wilmington Police Department, and New Hanover EMS for their response to the fire on Feb. 8. StarNews file photo

Q. Did the YMCA have fire insurance? If so, why are they trying to raise funds from the community beyond their deductible? If they did not have fire insurance, why not?

A. The Wilmington Family YMCA does have insurance.

The Y works through a local broker and an insurance company that specializes in working with YMCAs all across the country, said YMCA CEO Dick Jones.

“With the type of losses sustained by the recent events at the Y, insurance will cover most items but not everything,” he said.

As for why the YMCA is still fundraising, prior to the accidental February fire that began in the men’s locker room sauna, the Y had plans underway not only to renovate the Market Street facility but add an additional location in the community, according to Jones.

After the fire, they had to press the pause button on those plans to address immediate needs of their members and program participants. They are working to put in place an Express Y to open in June, which will house some fitness activities until the main Market Street facility opens up.

“To complete all these plans and expand to other locations in the community, the Y expects to raise funds through a capital campaign in the very near future,” Jones said.

Additionally, he noted the YMCA is always fundraising. These fundraising dollars help the Y provide services and programs to anyone in the community without regard to ability to pay, he said.

RELATED LINKS:

Does the YMCA on Market Street have plans for a new facility? (2011)

Why does the YMCA on Market Street have no unloading zones next to the handicapped parking spaces?

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Michelle

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