Overview
What is Business United In Investing Lending & Development?
Business United In Investing Lending & Development, also known as BUILD, is a nonprofit organization based in Redwood City, California. Their mission is to excite and propel low-income, disengaged youth from underserved communities towards high school to college success through entrepreneurship. BUILD offers a rigorous, credit-bearing class for an entire academic year, where students learn essential skills like time management, goal setting, and professional communication. In teams, they develop comprehensive business plans based on their ideas. The year concludes with participation in BUILD's Youth Business Plan Competition held at university graduate schools of business in BUILD's four regions. BUILD aims to provide the missing piece for students by helping them acquire 21st-century skills, such as critical thinking, problem-solving, self-directed learning, and collaboration, which are best learned through a hands-on, real-life experience like starting a business.
Official website here: www.build.org
Is Business United In Investing Lending & Development legitimate?
Business United In Investing Lending & Development is a legitimate nonprofit organization registered as a 501(c)(3) entity. Business United In Investing Lending & Development 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: $549,033
Professional Fundraising Fees: $180,650
Other Salaries and Wages: $6,490,233
For more financial information, click here
Official website here: www.build.org
What is the mission statement of Business United In Investing Lending & Development?
Business United In Investing Lending & Development (BUILD) is a mission-driven organization dedicated to inspiring and propelling low-income, disengaged youth towards high school graduation and college success. Committed to serving disadvantaged youth in under-resourced communities across America, BUILD strives to provide them with vital knowledge and skills necessary to thrive in higher education and their future careers. While academic proficiency is important, it doesn't fully prepare students for college and professional life. The missing component is the acquisition of 21st-century skills, such as critical thinking, problem-solving, self-directed learning, and collaboration. BUILD addresses this gap by offering a hands-on, real-life experience—starting a business—which is the most effective way to learn these essential skills.
Official website here: www.build.org
Who is the CEO of Business United In Investing Lending & Development?
Bill Taylor is the Ceo of Business United In Investing Lending & Development. The CEO's salary of Business United In Investing Lending & Development is $161,967 and their total compensation is $178,501.
Official website here: www.build.org
What is the revenue of Business United In Investing Lending & Development?
Business United In Investing Lending & Development's revenue in 2022 was $14,977,304.
Official website here: www.build.org
Who are the executives of Business United In Investing Lending & Development and what are their salaries?
The average compensation at Business United In Investing Lending & Development during 2022 was $55,867. There are 126 employees and 587 volunteers at Business United In Investing Lending & Development.
Here are 28 key members and their salaries (Business United In Investing Lending & Development's CEO's salary is $161,967 and their total compensation is $178,501):
- Compensation: $295,421
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- Compensation: $185,549
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- Other: $13,403
- Compensation: $161,967
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- Other: $16,534
- Compensation: $157,443
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- Other: $17,835
- Compensation: $165,612
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- Other: $2,533
- Compensation: $152,546
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Official website here: www.build.org
Where can I find the form 990 for Business United In Investing Lending & Development?
Business United In Investing Lending & Development's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.build.org
Learn more at the official website: www.build.org
Mission Statement of Business United In Investing Lending & Development
Business United In Investing, also known as BUILD, is a mission-driven organization dedicated to fueling the success of low-income, disengaged youth in America's most underprivileged communities. BUILD's primary objective is to help these disadvantaged youth gain the knowledge and capability to endure college and thrive in their careers. While academic proficiency is vital, it is not enough to fully prepare students for the demands of higher education and their future professions. The missing piece? The acquisition of 21st-century skills, which include critical thinking, problem-solving, self-directed learning, and collaboration – all of which are best learned through a hands-on, real-life experience, such as starting a business.
BUILD's vision is to ignite the entrepreneurial spirit in low-income, disengaged youth, enabling them to overcome adversity and unlock their full potential. By providing these young individuals with essential skills, BUILD empowers them to become self-sufficient, motivated learners, ready to take on the challenges of college and beyond. In doing so, BUILD not only changes lives but also contributes to building stronger, more resilient communities.
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Impact
October, 2024
Business United In Investing Lending & Development (BUILD) has a significant impact on low-income, disengaged youth by fostering entrepreneurship as a tool for educational and personal development. Through its innovative programs, BUILD empowers students, particularly those in underserved communities, to navigate the challenges of high school, college, and beyond.
The organization places a strong emphasis on practical learning by immersing students in a rigorous curriculum where they create and develop business plans. This experience not only enhances their academic skills but also equips them with essential 21st-century skills such as critical thinking, problem-solving, self-directed learning, and collaboration. These competencies are cultivated through hands-on experiences and teamwork, setting students up for future success in their academic and professional lives.
By participating in BUILD's entrepreneurial programs, students gain valuable knowledge in time management, goal setting, and professional communication. The culmination of their efforts is showcased in BUILD's Youth Business Plan Competition, further motivating and engaging them to achieve their dreams.
Overall, BUILD plays a crucial role in bridging the gap between academic proficiency and the skills necessary to thrive in today's world, directly contributing to the empowerment and advancement of youth in marginalized communities.
This information is meant to be a general summary of Business United In Investing Lending & Development. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $102,444
- Program Service Revenue: $190,774
- Gross Receipts: $15,166,106
Assets and Liabilities:
- Total Assets: $18,880,665
- Total Liabilities: $723,361
- Net Assets: $18,157,304
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$190,774
Organization Details
Founding Year
1999
Phone
(650) 688-5840Principal Officer
Bill Taylor
Main Address
PO BOX 3316, REDWOOD CITY, CA, 94064
Website
www.build.orgNTEE Category
Code: S40 - Community improvement
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