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The Mark Wahlberg Youth Foundation Inc

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

EIN: 043567369 ✦ Needham, MA ✦ Designated as a 501(c)(3)

Overview

What is The Mark Wahlberg Youth Foundation Inc?

The Mark Wahlberg Youth Foundation Inc, established in 2004, is a nonprofit organization based in Needham, Massachusetts. With a focus on aiding underprivileged youth, it provides grants to various organizations. One such organization is Camp Northbound, a one-week recreational summer camp in Bridgestone, Maine, catering to 150 youth annually from Boston. The foundation also supports Moving Mountains, an entity that utilizes art education to empower young individuals to make wise decisions and overcome adversity. Besides these efforts, The Mark Wahlberg Youth Foundation Inc hosts an annual holiday party and gift giveaway for more than 250 underserved youth, demonstrating its commitment to uplifting youth in need.


Official website here: www.mw-yf.org

Is The Mark Wahlberg Youth Foundation Inc legitimate?

The Mark Wahlberg Youth Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Mark Wahlberg Youth Foundation Inc 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.

Here are some key statistics you may want to consider:

Executive Compensation: $75,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $40,000

For more financial information, click here


Official website here: www.mw-yf.org

What is the mission statement of The Mark Wahlberg Youth Foundation Inc?

The Mark Wahlberg Youth Foundation's mission is centered around assisting underprivileged youth. Their objective is to ensure that no child's aspirations or dreams are hindered due to financial constraints. Since its inception in 2004, the foundation has been providing grants to organizations that run summer camps, such as Camp Northbound, offering a week of recreational activities for 150 youth from Boston each year. Moreover, the foundation engages alumni campers, employing them as junior counselors during the week. The Mark Wahlberg Youth Foundation also supports Moving Mountains, an organization that utilizes art education to empower young people to make informed decisions and overcome obstacles. Furthermore, the foundation hosts an annual holiday party and gift giveaway for over 250 underserved youth.


Official website here: www.mw-yf.org

Who is the CEO of The Mark Wahlberg Youth Foundation Inc?

Mark Wahlberg is the Pres, Treas, Secr, Dir of The Mark Wahlberg Youth Foundation Inc.


Official website here: www.mw-yf.org

What is the revenue of The Mark Wahlberg Youth Foundation Inc?

The Mark Wahlberg Youth Foundation Inc's revenue in 2022 was $1,721,520.


Official website here: www.mw-yf.org

Who are the executives of The Mark Wahlberg Youth Foundation Inc and what are their salaries?

The average compensation at The Mark Wahlberg Youth Foundation Inc during 2022 was $57,500. There are 2 employees and 24 volunteers at The Mark Wahlberg Youth Foundation Inc.

Here are 10 key members and their salaries:

    James Wahlberg (Executive Director/Director)
  • Compensation: $75,000
  • Related: $0
  • Other: $0

    • Mark Wahlberg (Pres, Treas, Secr, Dir) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Joyce (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Scannell Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephen Levinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sheila Jaffe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rose Cortina (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Donkis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jason Sloane Esq (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Rotondi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mw-yf.org

    Where can I find the form 990 for The Mark Wahlberg Youth Foundation Inc?

    The The Mark Wahlberg Youth Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.mw-yf.org

    Learn more at the official website: www.mw-yf.org

    Mission Statement of The Mark Wahlberg Youth Foundation Inc

    The Mark Wahlberg Youth Foundation Inc is committed to supporting underprivileged and financially disadvantaged youth. Their mission is to ensure that no child's potential is hindered or obstructed from achieving their lifetime aspirations due to financial constraints. The foundation achieves this by providing assistance to organizations that run programs, such as recreational summer camps. One such example is Camp Northbound, a one-week summer camp in Bridgestone, Maine. This camp, supported by the foundation, serves 150 youth annually from Boston, and even engages alumni campers as junior counselors for the week.

    In addition to summer camp programs, The Mark Wahlberg Youth Foundation Inc also supports organizations like Moving Mountains. This organization utilizes art education to empower young people, helping them make wise decisions and overcome adversity. Furthermore, the foundation hosts an annual holiday party and gift giveaway, extending cheer and presents to over 250 underserved youth. Through these initiatives, The Mark Wahlberg Youth Foundation Inc is making a significant impact in the lives of disadvantaged youth, enabling them to pursue their dreams and overcome financial constraints.

    Impact

    This information is meant to be a general summary of The Mark Wahlberg Youth Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    The Mark Wahlberg Youth Foundation Inc's impact can be seen through its youth support and summer camp programs. Since 2004, the foundation has provided grants to organizations that run camps like "Camp Northbound," a one-week recreational summer camp in Bridgestone, ME. This camp serves 150 youth from Boston each year and also engages alumni campers by hiring them as junior counselors for the week. Additionally, the foundation grants support to Moving Mountains, an organization using art education to empower young people to make wise choices and overcome adversity. The Mark Wahlberg Youth Foundation also hosts an annual holiday party and gift giveaway for over 250 underserved youth. Through these initiatives, the foundation is making a significant difference in the lives of underprivileged youth, ensuring they are not limited by financial circumstances in achieving their goals and dreams.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $1,467
  • Program Service Revenue: $0
  • Gross Receipts: $1,721,520

    • Assets and Liabilities:
  • Total Assets: $1,939,783
  • Total Liabilities: $112,889
  • Net Assets: $1,826,894
  • Organization Details

    Founding Year

    2001

    Principal Officer

    Mark Wahlberg

    Main Address

    75 SECOND AVE 411, NEEDHAM, MA, 02494

    NTEE Category

    Code: P30 - Human services

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