Big Brothers Big Sisters Of Utah

Friends Of Big Brothers Big Sisters

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

EIN: 870625452 ✦ Salt lake city, UT ✦ Designated as a 501(c)(3)

Overview

What is Big Brothers Big Sisters Of Utah?

Big Brothers Big Sisters of Utah (BBBSU) is a renowned nonprofit organization situated in Salt Lake City, Utah. The organization's mission is to foster positive change in the lives of children by providing mentoring services. A significant contributor to BBBSU's success is Friends of Big Brothers Big Sisters of Utah (FBBBSU), which raised substantial funds in 2022. FBBBSU collected approximately 3.9 million pounds of used clothing and household items, an 18% increase from the previous year, and sold these items to Savers Thrift Stores and other outlets. This revenue contribution increased from 19% in 2021 to 27% in 2022, significantly aiding BBBSU's financial stability. The organization, with a team of 30 employees, is committed to its mission and has budgeted to provide 850,000 in financial support to BBBSU in 2023.


Official website here: www.bbbsu.org

Is Big Brothers Big Sisters Of Utah legitimate?

Big Brothers Big Sisters Of Utah is a legitimate nonprofit organization registered as a 501(c)(3) entity. Big Brothers Big Sisters Of Utah 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $737,265

For more financial information, click here


Official website here: www.bbbsu.org

What is the mission statement of Big Brothers Big Sisters Of Utah?

Big Brothers Big Sisters of Utah's mission is primarily focused on raising funds for their organization. They achieve this by collecting used clothing and household items and selling them to thrift stores and other buyers. The funds generated through this initiative significantly contribute to Big Brothers Big Sisters of Utah's revenue. In 2022, the Friends of Big Brothers Big Sisters of Utah, a contributing entity, collected approximately 3.9 million pounds of goods, marking an 18% increase from the previous year. This contribution accounted for 27% of Big Brothers Big Sisters of Utah's revenue in 2022, as compared to 19% in the previous year. The financial support provided by Friends of Big Brothers Big Sisters of Utah in 2022 totaled 700,000 dollars, significantly higher than the 460,000 dollars in 2021. The organization is projected to provide 850,000 dollars in financial support to Big Brothers Big Sisters of Utah in 2023.


Official website here: www.bbbsu.org

Who is the CEO of Big Brothers Big Sisters Of Utah?

Nancy Winemiller-Basinger is the President & of Big Brothers Big Sisters Of Utah.


Official website here: www.bbbsu.org

What is the revenue of Big Brothers Big Sisters Of Utah?

Big Brothers Big Sisters Of Utah's revenue in 2022 was $2,367,208.


Official website here: www.bbbsu.org

Who are the executives of Big Brothers Big Sisters Of Utah and what are their salaries?

The average compensation at Big Brothers Big Sisters Of Utah during 2022 was $24,576. There are 30 employees and 8 volunteers at Big Brothers Big Sisters Of Utah.

Here are 9 key members and their salaries:

    Nancy Winemiller-Basinger (President &)
  • Compensation: $0
  • Related: $103,063
  • Other: $7,595

    • Mike Denison (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kevin Peaden (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Helen Smith (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

    • Bradley Bateman (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Debbie Stone (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nick Singleton (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Temoulis (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.bbbsu.org

    Where can I find the form 990 for Big Brothers Big Sisters Of Utah?

    The Big Brothers Big Sisters Of Utah’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.bbbsu.org

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

    Mission Statement of Big Brothers Big Sisters Of Utah

    Big Brothers Big Sisters of Utah, a notable organization, raises funds through an innovative approach. They collect used clothing and household items, and then sell these goods to various buyers, such as Savers Thrift Stores. This initiative, led by Friends of Big Brothers Big Sisters of Utah (FBBBSU), has proven to be a significant contributor to the organization's success. In 2022, FBBBSU successfully collected approximately 3.9 million pounds of items, marking an 18% increase compared to the previous year. This collection effort accounted for 27% of Big Brothers Big Sisters of Utah's revenue in 2022, contrasting with the 19% contribution in the preceding year. The financial support provided by FBBBSU in 2022 amounted to 700,000 dollars, a substantial increase from the 460,000 dollars in 2021. This mission of collecting and selling used items is a crucial component that significantly contributes to the overall success of Big Brothers Big Sisters of Utah.

    Impact

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




    Saturday, July 20, 2024

    Big Brothers Big Sisters of Utah, through the efforts of Friends of Big Brothers Big Sisters of Utah (FBBBSU), has had a significant impact on the organization's success. In 2022, FBBBSU collected approximately 3.9 million pounds of used clothing and household items, a 18% increase from the previous year. This collection effort contributed to 27% of Big Brothers Big Sisters of Utah's revenue in 2022, compared to 19% in the previous year.

    The financial support provided by FBBBSU amounted to $700,000 in 2022, a substantial increase from the $460,000 provided in 2021. Looking ahead, it is projected that FBBBSU will provide $850,000 in financial support to Big Brothers Big Sisters of Utah in 2023. This consistent growth in contributions demonstrates the dedication and effectiveness of FBBBSU in raising funds to support the youth development programs of Big Brothers Big Sisters of Utah.





    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: $3,200
  • Program Service Revenue: $0
  • Gross Receipts: $2,367,208

    • Assets and Liabilities:
  • Total Assets: $1,605,158
  • Total Liabilities: $621,421
  • Net Assets: $983,737
  • Organization Details

    Founding Year

    1995

    Principal Officer

    Nancy Winemiller-Basinger

    Main Address

    2121 SOUTH STATE STREET STE 201, SALT LAKE CITY, UT, 841152721

    NTEE Category

    Code: O30 - Youth development

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