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Youthbuild Newark Inc

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

EIN: 753187358 ✦ Newark, NJ ✦ Designated as a 501(c)(3)

Overview

What is Youthbuild Newark Inc?

Youthbuild Newark Inc, situated in Newark, New Jersey, is a nonprofit organization that empowers young individuals aged 16-24. Their primary mission is to provide a conducive environment where these young people can obtain their High School Equivalency Diploma (HSE) while simultaneously gaining practical training in in-demand professions. By participating in Youthbuild, these young people can forge a new path towards success, surrounded by a supportive network of individuals dedicated to cultivating future leaders for the local workforce. The organization's core components encompass leadership development, vocational training, support services, alumni achievements, and education. With a team of 16 dedicated professionals, Youthbuild Newark Inc is committed to transforming the lives of young individuals while contributing to the betterment of their community.


Official website here: www.youthbuildnewarknj.org

Is Youthbuild Newark Inc legitimate?

Youthbuild Newark Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Youthbuild Newark 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: $441,663
Professional Fundraising Fees: $0
Other Salaries and Wages: $946,547

For more financial information, click here


Official website here: www.youthbuildnewarknj.org

What is the mission statement of Youthbuild Newark Inc?

Youthbuild Newark Inc's mission is centered around harnessing the intelligence and positive energy of low-income young individuals, empowering them to revitalize their community and their own lives. By providing an opportunity for individuals aged 16 to 24 to earn a high school equivalency diploma and gain on-the-job training for in-demand careers, Youthbuild Newark helps young people chart a new path to success. The organization fosters a supportive community, focusing on leadership development, various career pathways, and comprehensive support services. Additionally, Youthbuild Newark's commitment extends beyond the program, offering alumni success resources and maintaining a network of skilled leaders for the local workforce.


Official website here: www.youthbuildnewarknj.org

Who is the CEO of Youthbuild Newark Inc?

Robert Clark is the Ceo of Youthbuild Newark Inc. The CEO's salary of Youthbuild Newark Inc is $250,000 and their total compensation is $311,000.


Official website here: www.youthbuildnewarknj.org

What is the revenue of Youthbuild Newark Inc?

Youthbuild Newark Inc's revenue in 2022 was $3,155,332.


Official website here: www.youthbuildnewarknj.org

Who are the executives of Youthbuild Newark Inc and what are their salaries?

The average compensation at Youthbuild Newark Inc during 2022 was $86,763. There are 16 employees and 9 volunteers at Youthbuild Newark Inc.

Here are 12 key members and their salaries (Youthbuild Newark Inc's CEO's salary is $250,000 and their total compensation is $311,000):

    Robert Clark (Ceo)
  • Compensation: $250,000
  • Related: $0
  • Other: $61,000

    • Jasmin Forman-Joseph (Chief Prog.Officer)
  • Compensation: $126,999
  • Related: $0
  • Other: $24,130

    • Dowayne Davis (Coo)
  • Compensation: $89,062
  • Related: $0
  • Other: $16,922

    • Leonard Murray (Board President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dirk Caldwell (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Craig Drinkard (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Finnerty (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael James (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Martin Esq (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Crum (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Edwin Farah (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Allie Zamfir (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.youthbuildnewarknj.org

    Where can I find the form 990 for Youthbuild Newark Inc?

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


    Official website here: www.youthbuildnewarknj.org

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

    Mission Statement of Youthbuild Newark Inc

    Youthbuild Newark Inc is an organization that harnesses the intelligence and positive energy of low-income young people, empowering them to rebuild their community and their lives. Its mission is to provide a platform for individuals between the ages of 16 and 24 to earn their high school equivalency diploma while simultaneously gaining on-the-job training for in-demand careers. This unique program allows young people to forge a new path to success, surrounded by a supportive community dedicated to fostering skilled leaders for the local workforce. The core elements of Youthbuild Newark Inc include leadership development, career pathways in various sectors, supportive services, alumni success, and education. Through this holistic approach, the organization aims to equip young people with the necessary skills and resources to transform their lives and contribute positively to their communities.

    Impact

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




    Saturday, July 20, 2024

    YouthBuild Newark Inc harnesses the intelligence and positive energy of low-income young people in Newark to rebuild their community and their lives. By offering young individuals the opportunity to earn a high school equivalency diploma while gaining on-the-job training for in-demand careers, YouthBuild Newark empowers them to chart a new path to success. Through its core elements including leadership development, construction and other career pathways, support services, alumni success, and education, YouthBuild Newark creates a supportive community committed to developing skilled leaders for the local workforce. This organization's impact is seen in the transformation of young lives, as they acquire valuable skills and knowledge to contribute positively to their community and secure a brighter future for themselves.





    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: $0
  • Program Service Revenue: $1,953,280
  • Gross Receipts: $3,155,332

    • Assets and Liabilities:
  • Total Assets: $7,127,756
  • Total Liabilities: $4,390,190
  • Net Assets: $2,737,566
  • Programs

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

    Construction

    Revenue

    $360,150

    Contract Revenue

    Revenue

    $89,582

    Management Fee

    Revenue

    $472,759

    Rental Income

    Revenue

    $1,030,789

    Organization Details

    Founding Year

    2005

    Principal Officer

    Robert Clark

    Main Address

    571 Central Avenue 2nd Floor, Newark, NJ, 07107

    NTEE Category

    Code: O50 - Youth development

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