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Nonprofit · EIN 23-7553139

YOUNG MENS INSTITUTE

Also known as 2 SAN JOSE

Tax-exempt · SAN JOSE, CA 95155

Financials

$27K$41K2023
Revenue Expenses · by fiscal year end
Financials of YOUNG MENS INSTITUTE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2024990$26,705$40,952-$14,247$696,342$0$696,342
Financial details: 990 for the year ended March 31, 2024

Revenue

Contributions, gifts and grants
$1,476
Membership dues
$1,476
Program service revenue
$0
Investment income
$25,229
Net gain from sales of assets
$8,839
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,300
Occupancy
$1,206

Balance sheet and other

Total assets, start of year
$634,859
Total assets, end of year
$696,342
Total liabilities, end of year
$0
Net assets, end of year
$696,342
Gross receipts
$48,606
Employees
0
Year formed
1883
State of legal domicile
CA

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 March 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
FATHER PAOLO GOBBOEXECUTIVE CO
Trustee or director
–$0
CHUCK GULLO JREXECUTIVE CO
Trustee or director
–$0
JOE VALENTIEXECUTIVE CO
Trustee or director
–$0
LARRY GALLEGOSMARSHALL
Officer
–$0
STAN MARTINEZFIRST VICE P
Officer
–$0
RICH O'BRIENSECOND VICE
Officer
–$0
DANIEL PALERMOTREASURER
Officer
–$0
ALEX PRECIADOPRESIDENT
Officer
–$0

Address and contacts

Address (IRS master file)
PO BOX 8295, SAN JOSE, CA 95155-8295
In care of
% GRAND SECRETARY
Principal officer (990 for 2023)
ALEX PRECIADO, PO BOX 612473, SAN JOSE, CA 95161
Signed the 990
DANIEL PALERMO, TREASURER
Phone
(408) 802-2958
Website
YMISJ2.ORG
Return prepared by
THE GAEL KNIGHT COMPANY

California records

California keeps its own records of charities and corporations. Search them by EIN 23-7553139 or by the name YOUNG MENS INSTITUTE.

Attorney General, Registry of Charities and Fundraisers
Registration status and filed reports (CT-TR-1, RRF-1)

Mission

MISSION IS TO PROVIDE FOR THE MUTUAL AID AND GOODWILL, THE MORAL, INTELLECTUAL, AND SOCIAL IMPROVEMENT OF ITS MEMBERS, DEVOTION TO THE CATHOLIC CHURCH, AND LOYALTY TO OUR COUNTRY IN ACCORDANCE WITH ITS MOTTO "PRO DEO, PRO PATRIA - FOR GOD, FOR COUNTRY."

990 for the year ended March 31, 2024

Program accomplishments

  • YMI WAS ABLE TO HOST ON SITE MONTHLY MEETINGS AND SOCIAL EVENTS FOR THE MEMBERS DURING THE PAST YEAR. THE YMI SCHOLARSHIP PROGRAM AWARDED 7 STUDENTS WITH SCHOLARSHIPS TOTALING 6,050. THE YMI MADE DONATIONS TO VARIOUS CHARITY GROUPS FOR A TOTAL AMOUNT OF 6,030.

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 March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026Not on file
2024March 31, 2025August 15, 2025Not on file
2023March 31, 2024August 15, 2024990 on file

IRS record

EIN
23-7553139
Tax-exempt status
501(c)(8): Fraternal beneficiary society
Exempt since
1972
Accounting year ends
March
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$696,342
Income (IRS master file)
$48,606

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2024$26,705$40,952$696,342XML
990March 2023$37,384$35,429$634,859IRS
990March 2022–––IRS
990March 2021–––IRS
990March 2020–––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 23-7553139).

Questions about YOUNG MENS INSTITUTE

What is the EIN of YOUNG MENS INSTITUTE?
The employer identification number (EIN) of YOUNG MENS INSTITUTE is 23-7553139.
Is YOUNG MENS INSTITUTE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(8) since 1972.
Which annual return does YOUNG MENS INSTITUTE file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of YOUNG MENS INSTITUTE due?
The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did YOUNG MENS INSTITUTE last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2024.
Who is the principal officer of YOUNG MENS INSTITUTE?
The 990 for the year ended March 31, 2024 names ALEX PRECIADO.
Who are the officers and directors of YOUNG MENS INSTITUTE?
The 990 for the year ended March 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does YOUNG MENS INSTITUTE have?
On its 990 for the year ended March 31, 2024 it reported revenue of $26,705, expenses of $40,952 and total assets of $696,342 at year end.

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