Nonprofit · EIN 37-1359165
YBMC
Also known as YOUTHBUILD MCLEAN COUNTY
Tax-exempt · NORMAL, IL 61761
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,540,857 | $2,296,652 | -$755,795 | $2,495,986 | $2,184,899 | $311,087 |
| December 31, 2023 | 990 | $2,063,897 | $2,109,224 | -$45,327 | $3,168,853 | $2,101,971 | $1,066,882 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,245,859
- of which government grants
- $887,182
- Program service revenue
- $209,459
- Investment income
- $8,505
- Net rental income
- $69,648
- Net gain from sales of assets
- $500
- Other revenue
- $77,034
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $231,373
- Other salaries and wages
- $791,399
- Salaries, compensation and benefits (total)
- $1,477,656
- Professional fundraising fees
- $0
- Accounting fees
- $50,282
- Occupancy
- $323,546
- Travel
- $30,981
- Depreciation
- $30,803
- Program services (functional)
- $1,859,070
- Management and general (functional)
- $437,582
Balance sheet and other
- Total assets, start of year
- $3,168,853
- Total assets, end of year
- $2,495,986
- Total liabilities, end of year
- $2,184,899
- Net assets, end of year
- $311,087
- Land, buildings and equipment
- $1,714,721
- Net assets without donor restrictions
- $311,087
- Gross unrelated business income
- $66,448
- Gross receipts
- $1,669,452
- Employees
- 20
- Volunteers
- 0
- Year formed
- 1996
- State of legal domicile
- IL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TRACEY POLSON | CEO Officer | 40 | $115,983 |
| MICHELLE KLATT | CFO Officer | 40 | $115,390 |
| DAVID STANCZAK | PRESIDENT Trustee or director, Officer | 1 | $0 |
| DEWHITT BINGHAM | BOARD MEMBER Trustee or director | 1 | $0 |
| M CURT RICHARDSON | BOARD MEMBER Trustee or director | 1 | $0 |
| MARK TOON | BOARD MEMBER Trustee or director | 1 | $0 |
| PAULA EVANS | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MICHELLE KLATT | CFO Officer | 40 | $81,804 | $32,196 |
| TRACEY POLSON | CEO Officer | 40 | $93,455 | $20,152 |
| DAVID STANCZAK | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 |
| DEWHITT BINGHAM | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| M CURT RICHARDSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| MARK TOON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| PAULA EVANS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 360 WYLIE DRIVE SUITE 305, NORMAL, IL 61761-5500
- Principal officer (990 for 2024)
- MICHELLE KLATT, 360 WYLIE DRIVE, NORMAL, IL 61761
- Signed the 990
- MICHELLE KLATT, CFO
- Phone
- (309) 454-3898
- Website
- YOUTHBUILDMCLEANCOUNTY.ORG
- Return prepared by
- STRIEGEL KNOBLOCH & COMPANY LLC
Mission
YOUTHBUILD'S MISSION IS TO OFFER YOUNG PEOPLE ONCE IN A LIFETIME OPPORTUNITY TO BUILD THEIR FUTURES AND THEIR COMMUNITIES THROUGH EDUCATION, LEADERSHIP DEVELOPMENT, JOB TRAINING AND THE REHABILITATION OF AFFORDABLE HOUSING, WHILE KEEPING A PROFOUND RESPECT FOR AND A COMMITMENT TO A REAL PARTNERSHIP WITH YOUTH.
Program accomplishments
- TEACH YOUNG PEOPLE CONSTRUCTION AND ENTREPRENURIAL SKILLS THROUGH DEVELOPMENT AND PRODUCTION OF AFFORDABLE HOUSING AND SELF-HELP HOUSING AND COMMUNITY REVITALIZATION. HELPED DISENFRANCHIZED YOUTH LEARN RESPONSIBILITY STRIVING TOWARDS SELF SUFFICIENCY BY LEARNING TO RESPECT THEMSELVES AND THEIR COMMUNITIES.Expenses $571,064 · revenue $67,747
- HELP DISENFRANCHIZED YOUTH EARN THEIR HIGH SCHOOL DIPLOMA OR GED, WORK TOWARDS INCREASED EDUCATIONAL CAPACITY AND ENCOURAGE HIGHER EDUCATION.Expenses $655,114 · revenue $77,717
- HELP YOUTH, UPON PROGRAM COMPLETION, OBTAIN MEANINGFUL EMPLOYMENT AT A COMPETITIVE WAGE.Expenses $632,892 · revenue $75,081
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 37-1359165
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1996
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B20)
- Assets (IRS master file)
- $2,495,986
- Income (IRS master file)
- $1,669,452
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,540,857 | $2,296,652 | $2,495,986 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $2,063,897 | $2,109,224 | $3,168,853 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $2,020,663 | $1,892,091 | $3,707,339 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 37-1359165).
Questions about YBMC
- What is the EIN of YBMC?
- The employer identification number (EIN) of YBMC is 37-1359165.
- Is YBMC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to YBMC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does YBMC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of YBMC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did YBMC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of YBMC?
- The 990 for the year ended December 31, 2024 names MICHELLE KLATT.
- Who are the officers and directors of YBMC?
- The 990 for the year ended December 31, 2024 lists 7 people; 2 received compensation from the organization, the highest $115,983 (TRACEY POLSON, CEO).
- How much revenue does YBMC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,540,857, expenses of $2,296,652 and total assets of $2,495,986 at year end.
Other nonprofits in NORMAL
- ILLINOIS STATE UNIVERSITY FOUNDATION EIN 37-6025713 · last filed 990 for 2025
- MCLEAN COUNTY UNIT DIST 5 MUSIC PARENTS ASSOCIATION EIN 37-1274212 · last filed 990 for 2025
- ILLINOIS READING COUNCIL INC EIN 23-7026824 · last filed 990 for 2025
- BLOOM COMMUNITY SCHOOL INC EIN 82-0738895 · last filed 990 for 2025
- ALPHA SIGMA PHI FRATERNITY INC EIN 47-4049904 · last filed 990-N for 2024
- NORMAL PUBLIC LIBRARY FOUNDATION EIN 45-3138846 · last filed 990 for 2026
- PARKSIDE ELEMENTARY PARENT TEACHER ORGANIZATION EIN 20-1439556 · last filed 990-EZ for 2025
- PRAIRIELAND PIECE PARENT GROUP EIN 37-1390083 · last filed 990-EZ for 2025