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Midland Young Life Building Foundation

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

EIN: 752828138 ✦ Midland, TX ✦ Designated as a 501(c)(3)

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Overview

What is Midland Young Life Building Foundation?

The Midland Young Life Building Foundation is a nonprofit organization situated in Midland, Texas, specifically at 808 W Wall Street. Their primary aim is to operate a youth center, serving high school and junior high students from the community. The mission of this organization is to introduce adolescents to Jesus Christ and help them grow in their faith. The Midland Young Life Building Foundation achieves this by managing the youth center and providing a conducive environment for spiritual growth and development. With a small team of one dedicated individual, the foundation is committed to making a positive impact on the lives of young people in Midland.

Is Midland Young Life Building Foundation legitimate?

Midland Young Life Building Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Midland Young Life Building Foundation 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: $36,059

For more financial information, click here

What is the mission statement of Midland Young Life Building Foundation?

The Midland Young Life Building Foundation's primary purpose is to operate a youth center, serving adolescents in its mission to introduce them to Jesus Christ and aid in their spiritual growth. This center is utilized for ministry to both high school and junior high youth, as well as the broader community. The organization's goal is to provide a space that fosters spiritual development and encourages personal growth in faith.

What is the revenue of Midland Young Life Building Foundation?

Midland Young Life Building Foundation's revenue in 2023 was $378,079.

Who are the executives of Midland Young Life Building Foundation and what are their salaries?

The average compensation at Midland Young Life Building Foundation during 2023 was $36,059. There is 1 employee and 3 volunteers at Midland Young Life Building Foundation.

Here are 3 key members and their salaries:


Stirling Warren (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Petty (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Hankins (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Midland Young Life Building Foundation?

Midland Young Life Building Foundation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Midland Young Life Building Foundation

The Midland Young Life Building Foundation, a non-profit organization, is dedicated to owning and operating a youth center in its mission to introduce adolescents to Jesus Christ and aid them in their spiritual growth. This youth center serves as a hub for high school and junior high students, as well as the wider Midland community, offering a platform for spiritual development and personal growth. The primary objective of the foundation is to provide a welcoming environment where adolescents can explore their faith and deepen their religious beliefs.

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Impact




October, 2024

Midland Young Life Building Foundation plays a significant role in the lives of adolescents in Midland, Texas, by providing a dedicated youth center that serves as a hub for spiritual growth and community engagement. This center offers programs and activities designed to introduce young people to Jesus Christ and support them in their faith journeys. By fostering an environment where high school and junior high students can connect, learn, and grow, the foundation promotes personal development and strengthens community bonds. Its impact extends beyond just spiritual guidance, as it cultivates leadership skills, builds friendships, and instills values that benefit the broader Midland community.




This information is meant to be a general summary of Midland Young Life Building Foundation. 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
$378,079 (2023)
Expenses
$211,409 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $14,345
  • Gross Receipts: $378,079

Assets and Liabilities:

  • Total Assets: $3,624,438
  • Total Liabilities: $0
  • Net Assets: $3,624,438

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Organization Details

Founding Year

1999

Principal Officer

Kevin Petty

NTEE Category

Code: O50 - Youth development

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