Tulsa's Backyard Initiative Fund

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

EIN: 845149532 ✦ Tulsa, OK ✦ Designated as a 501(c)(3)

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Overview

What is Tulsa's Backyard Initiative Fund?

Tulsa's Backyard Initiative Fund is a nonprofit organization situated in Tulsa, Oklahoma, with an address at 5400 S Olympia Avenue, 74107. Their primary mission involves owning and developing the Herman and Kate Kaiser property and leasing it back to the YMCA of Greater Tulsa, a local nonprofit corporation. This arrangement allows the Tulsa YMCA to manage and deliver its charitable programs and services, while Tulsa's Backyard Initiative Fund offers financial and other resources to support their operations. The organization also qualifies as a low-income community business, contributing to the betterment of their local community.


Official website here: www.ymcatulsa.org

What do the Facebook reviews say about Tulsa's Backyard Initiative Fund?

Tulsa's Backyard Initiative Fund has received initial feedback from users on Facebook, with three reviews so far. The overall sentiment appears to be positive, particularly highlighting the benefits provided by their Water Aerobics and Therapy Pool. One reviewer expressed satisfaction, noting the wonderful impact it has had following multiple knee surgeries.

Although the number of reviews is limited, the enthusiasm for the services offered suggests that this nonprofit is meeting the needs of individuals seeking therapeutic activities. Overall, the early impressions indicate a strong potential for this organization to make a meaningful difference in the community.


This AI summary has been generated from reviews found on Facebook.

Is Tulsa's Backyard Initiative Fund legitimate?

Tulsa's Backyard Initiative Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tulsa's Backyard Initiative Fund 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.ymcatulsa.org

What is the mission statement of Tulsa's Backyard Initiative Fund?

The mission of Tulsa's Backyard Initiative Fund is centered around supporting a local nonprofit, the YMCA of Greater Tulsa. The fund's primary goal is to qualify as a low-income community business, enabling it to hold, develop, and own a specific property. This property, formerly owned by Herman and Kate Kaiser, is then leased back to the YMCA. The organization's charitable purpose also involves providing financial and other resources to aid the YMCA in administering and delivering its charitable programs and services. This support is intended to enhance the YMCA's capacity to positively impact the community.


Official website here: www.ymcatulsa.org

Who is the CEO of Tulsa's Backyard Initiative Fund?

Mitch Drummond is the President of Tulsa's Backyard Initiative Fund.


Official website here: www.ymcatulsa.org

What is the revenue of Tulsa's Backyard Initiative Fund?

Tulsa's Backyard Initiative Fund's revenue in 2022 was $205,063.


Official website here: www.ymcatulsa.org

Who are the executives of Tulsa's Backyard Initiative Fund and what are their salaries?

There 5 volunteers at Tulsa's Backyard Initiative Fund.


Here are 5 key members and their salaries:


Mitch Drummond (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Adams (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelly Berry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trey Eagleton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pattie Collins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ymcatulsa.org

Where can I find the form 990 for Tulsa's Backyard Initiative Fund?

Tulsa's Backyard Initiative Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ymcatulsa.org

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

Mission Statement of Tulsa's Backyard Initiative Fund

Tulsa's Backyard Initiative Fund is an organization with a specific charitable purpose. Its mission is to qualify as a low-income community business, enabling it to hold, develop, and own the H&K Kaiser property. This property is then leased back to the YMCA of Greater Tulsa, a nonprofit corporation based in Oklahoma. Beyond this real estate transaction, the initiative's purpose extends to providing financial and other resources to aid the Tulsa YMCA in administering and delivering its charitable programs and services. By doing so, Tulsa's Backyard Initiative Fund plays a supporting role in enhancing the YMCA's ability to serve its community.

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Impact




October, 2024

Tulsa's Backyard Initiative Fund significantly impacts the community by holding, developing, and managing the Herman and Kate Kaiser property, which is leased back to the YMCA of Greater Tulsa. This arrangement supports the YMCA, enabling it to enhance its charitable programs and services for the community. By providing vital financial and other resources, the initiative strengthens the infrastructure for human services in Tulsa, ensuring that the YMCA can effectively serve its mission. This collaboration fosters a sustainable environment for community engagement and service delivery, ultimately improving the quality of life for Tulsa residents, particularly those in low-income areas.




This information is meant to be a general summary of Tulsa's Backyard Initiative Fund. 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
$205,063 (2022)
Expenses
$566,597 (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: $200,000
  • Gross Receipts: $205,063

Assets and Liabilities:

  • Total Assets: $12,205,976
  • Total Liabilities: $7,000,000
  • Net Assets: $5,205,976

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Programs

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

RENTAL OF H&K KAISER B

Revenue

$200,000

Organization Details

Founding Year

2020

Principal Officer

Mitch Drummond

Main Address

5400 S OLYMPIA AVENUE, TULSA, OK, 74107

NTEE Category

Code: P19 - Human services

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