Home Corporate Social Responsibility Algoma Steel donates $250,000 to help save YMCA

Algoma Steel donates $250,000 to help save YMCA

by Local Journalism Initiative
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Sault Ste. Marie’s largest employer is making a significant investment in the local YMCA, donating $250,000 over five years to prop up the organization’s $1.5 million capital campaign.

This capital campaign, titled “A Bridge to Our Future,” is designed to secure the YMCA’s sustainability and ensure it remains a viable part of the community for years to come.

“This sponsorship aligns with our commitment to building better lives and enhancing the quality of life for individuals and families in our community,” Algoma Steel CEO Michael Garcia said in a Tuesday news release.

“Together, we aim to create a stronger, more connected community through accessible programs and services that promote physical, mental, and social health.”

In addition to this $250,000 donation, Algoma Steel is also helping bolster local YMCA operations by offering a $10 discount off payroll deduction to any staff who purchases a membership.

The Sault YMCA is currently embroiled in a battle for its survival, having narrowly avoided outright closure back in May thanks to the intervention of the Dr. Lou and Mae Lukenda Charitable Foundation, which bought the aging McNabb Street recreation centre for $2 million.

However, the multi-pronged plan to save the 124-year-old organization, which involves the city entering into a lease agreement with the building purchaser and providing $505,000 in capital upgrades, is contingent upon YMCA officials showcasing long-term sustainability.

This means the YMCA must retain a certain number of members this summer, with city officials stressing the need for roughly 2,400 memberships by July 15.

As of last week, Y officials claim to have regained over 1,600 members after starting from zero back in the spring (when the organization’s shuttering seemed imminent).

Outside of spearheading a major recruitment drive, the Sault YMCA has also been seeking out pledge donations from local businesses to support its bottom line.

Outside of the $250,000 from Algoma Steel, the Sault YMCA recently received donations from Century 21 ($20,000), Northern Credit Union ($5,000), WINMAR Property Restoration Specialists ($5,000) and PUC Services Inc. ($945).

“The YMCA is more than just a gym; it’s a charitable organization dedicated to enhancing the well-being of our community,” Sault YMCA board chair Elise Schofield said in Tuesday’s news release.

“Every membership and every donation helps us support local families, ensuring that everyone has access to the opportunities and resources they need to ignite their potential.”

By Kyle Darbyson, Local Journalism Initiative Reporter

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