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Youthbuild Mclean County

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

EIN: 371359165 ✦ Normal, IL ✦ Designated as a 501(c)(3)

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Overview

What is Youthbuild Mclean County?

Youthbuild Mclean County is a nonprofit organization situated in Normal, Illinois, specifically at 360 WYLIE DRIVE. Their primary mission is to empower disadvantaged young individuals by teaching them construction and entrepreneurial skills. This is achieved through the development and production of affordable housing, self-help housing, and community revitalization projects. By participating in these projects, youth learn responsibility, strive towards self-sufficiency, and develop a sense of respect for themselves and their communities. Youthbuild Mclean County offers a unique opportunity for young people, providing education, leadership development, job training, and a genuine partnership with the youth they serve. The organization currently employs 24 individuals.


Official website here: www.youthbuildmcleancounty.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84% (Three-Star out of Four Stars)

Youthbuild Mclean County has achieved a Three-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The charity's score is based entirely on its Accountability & Finance metrics, indicating a solid foundation in financial responsibility and governance practices. An independent board comprises all members, which is a positive factor contributing to its high score, alongside robust policies to safeguard against conflicts of interest and asset diversion.

The organization's financial health is notable, with a program expense ratio of 82.09%, suggesting that a significant portion of its budget is directed towards its programs rather than administrative costs. Additional strengths include comprehensive financial oversight measures and the presence of a whistleblower policy, which enhance its operational transparency and accountability.

However, the charity's liabilities to assets ratio stands at 66.33%, which may raise concerns about financial stability, as a higher percentage could indicate potential challenges in meeting obligations. Despite this limitation, Youthbuild Mclean County demonstrates a commitment to ethical governance and financial integrity, making it a trusted choice for potential donors.


This AI summary has been generated from information found on Charity Navigator.

Is Youthbuild Mclean County legitimate?

Youthbuild Mclean County is a legitimate nonprofit organization registered as a 501(c)(3) entity. Youthbuild Mclean County 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: $235,038
Professional Fundraising Fees: $0
Other Salaries and Wages: $683,588

For more financial information, click here


Official website here: www.youthbuildmcleancounty.org

What is the mission statement of Youthbuild Mclean County?

Youthbuild Mclean County's mission is to provide a unique opportunity for young individuals, offering them a chance to construct their futures and contribute to their communities. This is achieved through education, leadership development, vocational training in construction, and the refurbishment of affordable housing. The organization maintains a deep respect and commitment to fostering a genuine partnership with the youth, empowering them to take responsibility, strive towards self-sufficiency, and develop a sense of respect for themselves and their communities.


Official website here: www.youthbuildmcleancounty.org

Who is the CEO of Youthbuild Mclean County?

Michelle Klatt is the President of Youthbuild Mclean County. The CEO's salary of Youthbuild Mclean County is $98,600 and their total compensation is $117,466.


Official website here: www.youthbuildmcleancounty.org

What is the revenue of Youthbuild Mclean County?

Youthbuild Mclean County's revenue in 2022 was $2,020,663.


Official website here: www.youthbuildmcleancounty.org

Who are the executives of Youthbuild Mclean County and what are their salaries?

The average compensation at Youthbuild Mclean County during 2022 was $38,276. There are 24 employees at Youthbuild Mclean County.


Here are 7 key members and their salaries (Youthbuild Mclean County's CEO's salary is $98,600 and their total compensation is $117,466):


David Stanczak (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dewhitt Bingham (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
M Curt Richardson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Toon (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paula Evans (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracey Polson (Ceo)
  • Compensation: $98,600
  • Related: $0
  • Other: $18,866
Michelle Klatt (Cfo)
  • Compensation: $86,600
  • Related: $0
  • Other: $30,972


Official website here: www.youthbuildmcleancounty.org

Where can I find the form 990 for Youthbuild Mclean County?

Youthbuild Mclean County's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.youthbuildmcleancounty.org

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

Mission Statement of Youthbuild Mclean County

Youthbuild Mclean County is an organization dedicated to providing young people with a unique chance to shape their futures and their communities. Through education, leadership development, job training, and the rehabilitation of affordable housing, Youthbuild Mclean County offers a profound commitment to a real partnership with its youth. The mission of this nonprofit is to teach young individuals construction and entrepreneurial skills, fostering a sense of responsibility and striving towards self-sufficiency. By learning to respect themselves and their communities, these disenfranchised youth can develop a strong work ethic and become active contributors to society.

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Impact




October, 2024

Youthbuild McLean County positively impacts the community by empowering young people through education, leadership development, and job training. Participants gain valuable construction and entrepreneurial skills while engaging in the development and rehabilitation of affordable housing, contributing to community revitalization efforts. This initiative not only helps disenfranchised youth cultivate a sense of responsibility and self-sufficiency, but it also nurtures a deep respect for themselves and their surroundings. By providing these opportunities, Youthbuild McLean County fosters a generation of capable individuals who are invested in building both their futures and the communities they inhabit.




This information is meant to be a general summary of Youthbuild Mclean County. 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
$2,020,663 (2022)
Expenses
$1,892,091 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $296,087
  • Gross Receipts: $2,162,259

Assets and Liabilities:

  • Total Assets: $3,707,339
  • Total Liabilities: $2,595,130
  • Net Assets: $1,112,209

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Programs

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

CHARTER SCHOOL

Revenue

$305,604

CONSTRUCTION PROJECT R

Revenue

-$9,517

Organization Details

Founding Year

1996

Principal Officer

Michelle Klatt

Main Address

360 WYLIE DRIVE, NORMAL, IL, 61761

NTEE Category

Code: B20 - Education

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