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Ybc Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 263655173 ✦ Minneapolis, MN ✦ Designated as a 501(c)(3)

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Overview

What is Ybc Inc?

Ybc Inc is a nonprofit organization situated in Minneapolis, Minnesota. Its primary role involves leasing and maintaining property for Yinghua Academy. Beyond this, Ybc Inc also owns and maintains the property and building that the academy leases, thereby ensuring the academy's operational needs are met. The organization's dedication to supporting Yinghua Academy underscores its commitment to the local community and education.


Official website here: www.yinghuaacademy.org

Is Ybc Inc legitimate?

Ybc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ybc Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.yinghuaacademy.org

What is the mission statement of Ybc Inc?

Ybc Inc's primary role is to lease and manage property for Yinghua Academy. Beyond this, the organization also owns and maintains the property and building that the academy leases. In essence, Ybc Inc supports the educational institution by providing it with a suitable space and ensuring its upkeep. This commitment to Yinghua Academy's needs is central to Ybc Inc's mission. While Ybc Inc does not have a traditional mission statement in the sense of advocacy or research, its role in fostering a conducive learning environment can be seen as a contribution to the broader educational community.


Official website here: www.yinghuaacademy.org

Who is the CEO of Ybc Inc?

Scott Jax is the Board Chair of Ybc Inc.


Official website here: www.yinghuaacademy.org

What is the revenue of Ybc Inc?

Ybc Inc's revenue in 2022 was $1,268,654.


Official website here: www.yinghuaacademy.org

Who are the executives of Ybc Inc and what are their salaries?

There 3 volunteers at Ybc Inc.


Here are 3 key members and their salaries:


Scott Jax (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Blakley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Lu (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.yinghuaacademy.org

Where can I find the form 990 for Ybc Inc?

Ybc Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.yinghuaacademy.org

Learn more at the official website: www.yinghuaacademy.org

Mission Statement of Ybc Inc

Ybc Inc, a nonprofit organization, is dedicated to leasing and maintaining property for Yinghua Academy. Its mission extends beyond mere property management, as it also owns and maintains the property and building that the academy leases. By providing this service, Ybc Inc plays a crucial role in ensuring the smooth operation of Yinghua Academy. Its commitment to the academy's needs demonstrates a strong sense of support and partnership, contributing to the overall success of the educational institution.

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Impact




October, 2024

Ybc Inc plays a crucial role in supporting the educational environment at Yinghua Academy by leasing and maintaining properties essential for the academy's operations. By ensuring that the facilities are well-maintained and conducive to learning, Ybc Inc directly contributes to the academy's ability to provide quality education to its students. The organization not only owns the buildings that Yinghua Academy utilizes but also takes on the responsibility of their upkeep. This support enables the academy to focus on its core mission of education without the distractions and challenges of property management.

Located in Minneapolis, Minnesota, Ybc Inc's influence extends beyond mere property management; it fosters a stable learning environment where students can thrive. This partnership enhances educational outcomes and contributes to the community by supporting a unique educational institution that emphasizes cultural integration and language development. Through its dedicated efforts, Ybc Inc ensures that Yinghua Academy can continue to serve its students and the broader Minneapolis community effectively.




This information is meant to be a general summary of Ybc Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$1,268,654 (2022)
Expenses
$1,268,208 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $790
  • Program Service Revenue: $1,267,864
  • Gross Receipts: $1,268,654

Assets and Liabilities:

  • Total Assets: $13,067,838
  • Total Liabilities: $13,898,209
  • Net Assets: -$830,371

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$1,267,864

Organization Details

Founding Year

2008

Principal Officer

Scott Jax

Main Address

1616 BUCHANAN STREET NE, MINNEAPOLIS, MN, 55413

NTEE Category

Code: B112 - Education

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