Young Mens Business League Of Beaumont

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

EIN: 741045134 ✦ Beaumont, TX ✦ Designated as a 501(c)(4)

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Overview

What is Young Mens Business League Of Beaumont?

The Young Men's Business League of Beaumont is a nonprofit organization, situated in Beaumont, Texas, with a specific postal address at 7250 Wespark Drive, 77705. Their primary objective is to enhance the overall well-being of the City of Beaumont and the surrounding Southeast Texas region. They achieve this goal by providing a range of educational and cultural activities and services. The Young Men's Business League of Beaumont operates with a small team of four dedicated individuals. Their mission is deeply rooted in improving the general welfare of their community, ensuring a positive impact on local lives.


Official website here: www.ymbl.org

Is Young Mens Business League Of Beaumont legitimate?

Young Mens Business League Of Beaumont is a legitimate nonprofit organization registered as a 501(c)(4) entity. Young Mens Business League Of Beaumont 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: $130,613
Professional Fundraising Fees: $0
Other Salaries and Wages: $82,017

For more financial information, click here


Official website here: www.ymbl.org

What is the mission statement of Young Mens Business League Of Beaumont?

The Young Men's Business League of Beaumont, as a non-profit organization, aims to enhance the overall well-being of a specific city and its surrounding region. Their mission is to accomplish this by organizing educational and cultural events and services, with the ultimate goal of positively impacting their community. Their activities are geared towards improving the general welfare of the city and its inhabitants.


Official website here: www.ymbl.org

What is the revenue of Young Mens Business League Of Beaumont?

Young Mens Business League Of Beaumont's revenue in 2024 was $1,859,439.


Official website here: www.ymbl.org

Who are the executives of Young Mens Business League Of Beaumont and what are their salaries?

The average compensation at Young Mens Business League Of Beaumont during 2024 was $70,877. There are 3 employees and 690 volunteers at Young Mens Business League Of Beaumont.

Here are 23 key members and their salaries:


Chris Colletti (Exec. Vice Pres)
  • Compensation: $130,613
  • Related: $0
  • Other: $0
Keith Blackwood (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clint Lewis (Attorney)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerard Celestine (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Earnest Doyle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chase Kiker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chuck Kiker (1St Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Galvan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitch Macon (Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Jacobs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Ochoa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Patton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcus Southerland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darrell Berwick (2Nd Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jimmy Ward (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
A J Boudreaux (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clint Turner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Kiker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitch Mccurley (3Rd Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Penisson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norbert Romero (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Wall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Wilson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ymbl.org

Where can I find the form 990 for Young Mens Business League Of Beaumont?

Young Mens Business League Of Beaumont's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.ymbl.org

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

Mission Statement of Young Mens Business League Of Beaumont

The Young Men's Business League of Beaumont is a non-profit organization with a mission to enhance the overall well-being of the City of Beaumont and Southeast Texas. In pursuit of this mission, the league engages in educational and cultural activities and services, aiming to contribute positively to the community they serve. By providing these initiatives, the Young Men's Business League of Beaumont seeks to improve the general welfare of the region, fostering a sense of growth and development for its inhabitants.

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Impact




October, 2024

The Young Men's Business League of Beaumont plays a pivotal role in enhancing the overall well-being of the City of Beaumont and Southeast Texas. By organizing and promoting educational and cultural activities, the organization fosters a vibrant community spirit and encourages local engagement. Through various initiatives, it addresses community needs, supports economic development, and nurtures a sense of belonging among residents. This commitment to community improvement not only enriches the lives of individuals but also strengthens the entire region, making it a better place to live and work.




This information is meant to be a general summary of Young Mens Business League Of Beaumont. 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
$1,859,439 (2024)
20112012201320142015201620172018201920202021202220232024$0$500k$1M$1.5M$2M
Expenses
$1,051,365 (2024)
20112012201320142015201620172018201920202021202220232024$0$300k$600k$900k$1.2M
Efficiency
201120122013201420152016201720182019202020212022202320240%40%80%120%160%200%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $298,989
  • Program Service Revenue: $207,307
  • Gross Receipts: $3,392,986

Assets and Liabilities:

  • Total Assets: $8,643,810
  • Total Liabilities: $436,357
  • Net Assets: $8,207,453

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Programs

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

Member Projects

Revenue

$182,841

Membership Dues & Assessments

Revenue

$12,700

Miscellaneous

Revenue

$11,766

Organization Details

Founding Year

1917

Principal Officer

Chris Colletti

Main Address

7250 WESPARK DRIVE, BEAUMONT, TX, 77705

NTEE Category

Code: S80 - Community improvement

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