CEDAR RAPIDS – The location of the Stoney Point YMCA will soon be owned by the Antioch Christian Church in Marion.
The YMCA of Metro Cedar Rapids has announced the sale of the property located at 300 Stoney Point Road. SW, Cedar Rapids, to church Friday.
The location has been on sale since October and has never had a membership base to maintain a positive result, YMCA CEO and President Bob Carlson previously told The Gazette.
In his announcement on the YMCA website Friday, Carlson said the sale was “an extremely difficult decision.”
“We have had to make many difficult decisions over the past year as we strive to reclaim and reallocate resources within our association to continue to meet the needs of our community,” said Carlson.
According to the website, Antioch is buying the property to further expand its congregation. The church has a Marion location near Highway 151 as well as a location in Oelwein.
YMCA Marketing Director Shannon Brendengen told The Gazette on Monday that the YMCA is working with Antioch on a joint press release with additional details to share this week.
The executive pastor of Antioch was not available for comment on Monday, but the church referred to the upcoming joint press release regarding its plan for the property.
“We are pleased to know that another nonprofit will enter this side of Cedar Rapids and continue to serve individuals and families,” Carlson said on the website’s post.
Additionally, the sale of the building does not result in an immediate change in the availability of members and childcare participants, the Y’s website said.
Instead, over the next “several months,” changes to building access will be announced as the YMCA slowly closes operations on the site.
The YMCA, which just opened a new Marion store in January, struggled to reimburse fees for Camp Wapsie canceled last year. 2020 marked the first year that the YMCA’s summer program has been canceled since the camp, located near Coggon, opened over 100 years ago.
In July, the YMCA Mercy Health Plaza site on Council Street NE closed to free up resources for other branches better supported by membership fees.
The YMCA of Cedar Rapids is not alone in suffering financial hardship from the pandemic.
The Greater Des Moines YMCA is looking to sell three of its branches to investors and lease them back again, using the proceeds from the sale to pay off debt, according to the Des Moines Register. The move comes as the organization faces a loss of revenue of more than $ 6 million.
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(FILE PHOTO) Field hockey and basketball filled the gym at the free Healthy Kids Day® event hosted by the YMCA of Stoney Point on Saturday, April 27, 2019 (Ben Roberts / Freelance)