Asheville Faces Financial Struggles Leading to YWCA’s Historic Pool Closure
Financial Challenges Force YWCA of Asheville to Temporarily Close Pool
The YWCA of Asheville is currently grappling with significant financial challenges, prompting the organization to make tough decisions regarding its programs and services. Among these decisions is the temporary closure of the YWCA’s historic pool.
Addressing Economic Pressures
The YWCA of Asheville has cited various economic pressures, including the impact of the coronavirus pandemic, inflation, changes in funding, and the need for facility repairs as contributing factors to its financial struggles. The organization is facing a $650,000 deficit in programming and is exploring alternative funding sources to sustain its operations.
Temporary Pool Closure
As a result of the financial difficulties, the YWCA’s historic pool will be temporarily closed starting on June 28, 2024. This closure will allow the organization to address critical maintenance needs, including pool repairs, and aligns with the retirement of Kitty Schmidt, the YWCA’s aquatics director of 25 years.
Pool Repairs and Reopening
The anticipated repairs to the pool are estimated to cost between $200,000 to $250,000. A structural engineers’ assessment at the end of June will determine the full scope of repairs and provide a more accurate timeline. The YWCA aims to reopen the pool early in 2025 after completing the necessary renovations.
Financial Impact
Due to shifts in local funding, the YWCA of Asheville does not have the cash reserves to handle the current financial challenges. The organization has historically received around $300,000 in local funding, representing nearly 10% of its operating budget. The YWCA will focus on fundraising efforts to support repairs and ensure the future viability of its programs.
Supporting the YWCA
Community members can support the YWCA of Asheville by making donations, spreading awareness of the organization’s work, and learning more about its initiatives. The YWCA will host a retirement send-off celebration for Kitty Schmidt on June 21 to honor her contributions to the local community.
About the YWCA of Asheville
Established in 1907, the YWCA of Asheville is committed to eliminating racism, empowering women, nurturing children, and promoting health. With over 117 years of service, the YWCA serves almost 3,000 community members annually, focusing on advancing racial justice, empowering women, promoting health, and nurturing children.