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Mentltd

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

EIN: 262447984 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Mentltd?

Mentltd, a 501(c)(3) nonprofit organization based in New York City, is dedicated to fostering excellence in young culinary professionals and celebrating the rich diversity and quality of American cuisine. With a team of renowned chefs like Daniel Boulud, Thomas Keller, and Jrme Bocuse, among others, the organization provides educational grants and internship opportunities through its MentContinuing Education Grant Program. Since its inception in 2014, this program has awarded over $1.7 million to promising young chefs nationwide. Furthermore, Mentltd organizes the Young Chef and Commis Competition series, offering additional career advancement opportunities. In times of crisis within the restaurant industry, Mentltd also manages the MentGiving Fund to support vital individuals. The organization's mission is to effectively train Team USA as they prepare to represent the United States at the Bocuse d'Or, the world's most prestigious culinary competition. Mentltd's operations are supported by a small team of four dedicated individuals.


Official website here: www.mentorbkb.org

Is Mentltd legitimate?

Mentltd is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mentltd 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: $176,800
Professional Fundraising Fees: $0
Other Salaries and Wages: $186,977

For more financial information, click here


Official website here: www.mentorbkb.org

What is the mission statement of Mentltd?

Mentltd, a 501(c)(3) nonprofit organization, is dedicated to fostering excellence in young culinary professionals and celebrating the richness and creativity of American cuisine. Led by a distinguished Culinary Council of renowned chefs, the organization provides educational grants and internship opportunities through its MentContinuing Education Grant Program. Since its inception in 2014, it has awarded over $1.7 million to young chefs nationwide. The Young Chef and Commis Competition series also offer a platform for these talented individuals to further their careers. Moreover, Mentltd established the MentGiving Fund to offer support to those essential workers in the restaurant industry during times of crisis.


Official website here: www.mentorbkb.org

Who is the CEO of Mentltd?

Young Yun is the Executive Director/Secretary of Mentltd.


Official website here: www.mentorbkb.org

What is the revenue of Mentltd?

Mentltd's revenue in 2022 was $1,016,897.


Official website here: www.mentorbkb.org

Who are the executives of Mentltd and what are their salaries?

The average compensation at Mentltd during 2022 was $90,944. There are 4 employees and 9 volunteers at Mentltd.

Here are 10 key members and their salaries:

    Young Yun (Executive Director/Secretary)
  • Compensation: $158,846
  • Related: $0
  • Other: $6,000

    • Daniel Boulud (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Keller (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jerome Bocuse (Exective Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edmondo Schwartz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Ryan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gavin Kaysen (Team Usa President)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian Diamond (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sean Weissbart (Legal Counsel)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julia Russell (Marketing Officer Thru 3/31/22)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.mentorbkb.org

    Where can I find the form 990 for Mentltd?

    The Mentltd’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.mentorbkb.org

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

    Mission Statement of Mentltd

    Mentltd, a 501(c)(3) organization, is dedicated to advancing the education and training of aspiring culinary professionals. Led by renowned chefs such as Daniel Boulud, Thomas Keller, and Jérôme Bocuse, among others, the nonprofit champions the diversity and creativity of American cuisine. Through its MentContinuing Education Grant Program, Mentltd has awarded over $1.7 million in grants since 2014 to support the careers of young chefs across the United States. The organization also hosts the Young Chef and Commis Competition series, providing further opportunities for these professionals to showcase their talents and further their careers. In addition, Mentltd established the MentGiving Fund to provide aid to those in the restaurant profession who are in need during times of crisis. The nonprofit plays a significant role in nurturing and promoting the next generation of American culinary talent.

    Impact

    This information is meant to be a general summary of Mentltd. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Mentltd's impact can be seen in its dedication to educating, training, and inspiring excellence in young culinary professionals. By providing funding for Team USA training, Mentltd plays a crucial role in preparing and supporting these chefs as they represent the country in prestigious culinary events such as the Bocuse d'Or. Through programs like the MentContinuing Education Grant Program and the Young Chef and Commis Competition series, Mentltd offers valuable opportunities for culinary professionals to further their careers and pursue their passion for cuisine. Additionally, the establishment of the MentGiving Fund showcases Mentltd's commitment to supporting those in the restaurant profession during times of crisis. Overall, Mentltd's impact is significant in nurturing talent, promoting diversity, and upholding the highest standards of culinary excellence in America.





    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: $17,921
  • Program Service Revenue: $0
  • Gross Receipts: $1,494,253

    • Assets and Liabilities:
  • Total Assets: $1,083,782
  • Total Liabilities: $386,197
  • Net Assets: $697,585
  • Organization Details

    Founding Year

    2008

    Principal Officer

    Young Yun

    Main Address

    16 EAST 40TH STREET 5TH FL, NEW YORK, NY, 10016

    NTEE Category

    Code: A25 - Arts

    If you are a representative of Mentltd and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.