Twin Falls YMCA Chapter on Probation for Mismanaged Finances
TWIN FALLS, Idaho (AP) — The national YMCA has put its Twin Falls chapter on probation after finding widespread financial mismanagement at that branch.
The Times-News reports that a February assessment conducted by the national YMCA says the nonprofit organization's local board asked for help when it realized then-CEO Gary Ettenger was providing false financial information.
Ettenger stepped down in March. He could not be reached for comment. The Twin Falls organization is at risk of losing its charter with the national YMCA and its nonprofit status if the problems aren't addressed.
Documents obtained by the Times-News show the branch is on the verge of insolvency and mismanaged hundreds of thousands of dollars from local donors. Local board president Andy Barry confirmed the findings Tuesday. He declined to comment on misuse of money.