Nonprofit · EIN 92-2013646
CHELSEA YOUTH BASKETBALL LEAGUE
Tax-exempt · SAUGUS, MA 01906
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-EZ | $27,932 | $27,932 | $0 | $0 | – | $0 |
Financial details: 990-EZ for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $9,560
- Program service revenue
- $13,166
- Investment income
- $0
- Net income from fundraising events
- $506
- Other revenue
- $4,700
Expenses
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fees and payments to contractors
- $3,465
- Occupancy
- $8,744
- Printing, publications and postage
- $26
- Other expenses
- $15,697
- Program services (functional)
- $14,448
Balance sheet and other
- Total assets, start of year
- $0
- Total assets, end of year
- $0
- Total liabilities, end of year
- –
- Net assets, end of year
- $0
- Gross receipts
- $27,932
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-EZ for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Joshua Concepcion | President and Director | 16 | $0 |
| Arely Concepcion | Secretary Treasurer and Director | 5 | $0 |
| Ruben Vargas | Vice President and Director | 2 | $0 |
| Ashley Acosta | Director | 2 | $0 |
| Erika Sanchez | Director | 2 | $0 |
| Gerald Auguste | Director | 2 | $0 |
| Richard Samuel | Director | 2 | $0 |
| Blanca Gacharna | Director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 444 BROADWAY UNIT B1029, SAUGUS, MA 01906-1995
- In care of
- % JOSHUA I CONCEPCION
- Mailing address (990-N for 2023)
- 444 BROADWAY UNIT B 1029, SAUGUS MA 01906
- Principal officer (990-N for 2023)
- JOSHUA I CONCEPCION, 444 BROADWAY UNIT B 1029, SAUGUS MA 01906
- Signed the 990-EZ
- Arely Concepcion, Secretary Treasurer
- Website
- https://cybl02150.com/
Mission
Educational
Program accomplishments
- Winter League: Ages 4-14 includes one weekly practice and one weekend game with certified referees. Players are grouped by age and skill. 2024-2025 season had 154 participants Peewee division 10 season games JR division 13 season games SR division 14 season games. All divisions have playoffs & championship. Player scholarships available to families in need to help waive registration feesExpenses $11,555 · grants $9,560
- Spring League provides a fast-paced condensed season focused on game experience rather than structured practices. The six-game season followed by playoffs allows youth to continue honing their skills and maintaining physical fitness. Games are scheduled during the week in the evenings. Total 54 participantsExpenses $2,893
- NONE
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-N on file |
IRS record
- EIN
- 92-2013646
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2023
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Recreation and sports (N62)
- Assets (IRS master file)
- $1
- Income (IRS master file)
- $27,932
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2024 | $27,932 | $27,932 | $0 | XML |
| 990-N for 2023 Officer: JOSHUA I CONCEPCION | December 31, 2023 | ≤ $50,000 receipts | – | – | e-Postcard |
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 92-2013646).
Questions about CHELSEA YOUTH BASKETBALL LEAGUE
- What is the EIN of CHELSEA YOUTH BASKETBALL LEAGUE?
- The employer identification number (EIN) of CHELSEA YOUTH BASKETBALL LEAGUE is 92-2013646.
- Is CHELSEA YOUTH BASKETBALL LEAGUE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
- Are donations to CHELSEA YOUTH BASKETBALL LEAGUE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CHELSEA YOUTH BASKETBALL LEAGUE file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of CHELSEA YOUTH BASKETBALL LEAGUE 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 CHELSEA YOUTH BASKETBALL LEAGUE last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
- Who is the principal officer of CHELSEA YOUTH BASKETBALL LEAGUE?
- The 990-N for 2023 names JOSHUA I CONCEPCION.
- Who are the officers and directors of CHELSEA YOUTH BASKETBALL LEAGUE?
- The 990-EZ for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
- How much revenue does CHELSEA YOUTH BASKETBALL LEAGUE have?
- On its 990-EZ for the year ended December 31, 2024 it reported revenue of $27,932, expenses of $27,932 and total assets of $0 at year end.
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