Nonprofit · EIN 41-1831598
URBAN BOATBUILDERS INC
Tax-exempt · SAINT PAUL, MN 55114
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $981,022 | $1,078,171 | -$97,149 | $348,812 | $44,271 | $304,541 |
| December 31, 2023 | 990 | $983,262 | $1,165,639 | -$182,377 | $483,049 | $81,359 | $401,690 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $827,944
- of which government grants
- $318,125
- Program service revenue
- $138,778
- Investment income
- $4,396
- Net income from fundraising events
- $9,304
- Other revenue
- $9,904
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $116,146
- Other salaries and wages
- $417,447
- Salaries, compensation and benefits (total)
- $670,715
- Professional fundraising fees
- $0
- Occupancy
- $45,365
- Travel
- $3,751
- Depreciation
- $6,082
- Program services (functional)
- $886,364
- Management and general (functional)
- $115,409
- Fundraising (functional)
- $76,398
Balance sheet and other
- Total assets, start of year
- $483,049
- Total assets, end of year
- $348,812
- Total liabilities, end of year
- $44,271
- Net assets, end of year
- $304,541
- Land, buildings and equipment
- $3,245
- Net assets without donor restrictions
- $261,541
- Net assets with donor restrictions
- $43,000
- Gross receipts
- $981,022
- Employees
- 67
- Volunteers
- 111
- Year formed
- 1995
- State of legal domicile
- MN
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 | Other / benefits |
|---|---|---|---|---|
| MARC HOSMER | EXECUTIVE DIRECTOR/CEO Officer | 40 | $116,145 | $12,224 |
| TINA BARSKY | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| JOSH KRAFT | VICE CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| RICHARD INGEMAN | TREASURER Trustee or director, Officer | 2 | $0 | $0 |
| LILY TAYLOR | SECRETARY Trustee or director, Officer | 2 | $0 | $0 |
| ANTHONY WILLIAMS | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| BRIAN BROWN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| VALARIE HONEY | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MARTIN LUDDEN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| MONICA MCCLELLAN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| VITO QUAGLIA | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
| DAVID WHITMAN | BOARD MEMBER Trustee or director | 2 | $0 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARC HOSMER | EXECUTIVE DIRECTOR/CEO Officer | 40 | $112,232 |
| TINA BARSKY | CHAIR Trustee or director, Officer | 2 | $0 |
| JOSH KRAFT | VICE CHAIR Trustee or director, Officer | 2 | $0 |
| RICHARD INGEMAN | TREASURER Trustee or director, Officer | 2 | $0 |
| LILY TAYLOR | SECRETARY Trustee or director, Officer | 2 | $0 |
| ANTHONY WILLIAMS | BOARD MEMBER Trustee or director | 2 | $0 |
| BRIAN BROWN | BOARD MEMBER Trustee or director | 2 | $0 |
| VALARIE HONEY | BOARD MEMBER Trustee or director | 2 | $0 |
| TIM LOVETT | BOARD MEMBER Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 2288 UNIVERSITY AVE WEST, SAINT PAUL, MN 55114-9938
- Principal officer (990 for 2024)
- MARC HOSMER, 2288 UNIVERSITY AVENUE WEST, ST PAUL, MN 55114
- Signed the 990
- MARC HOSMER, EXECUTIVE DIRECTOR/CEO
- Phone
- (651) 644-9225
- Website
- WWW.URBANBOATBUILDERS.ORG
- Return prepared by
- CASEY MENDEN FAUST & NELSON PA
Mission
OUR MISSION IS TO EMPOWER YOUTH TO SUCCEED IN WORK AND LIFE THROUGH WOODWORKING AND EXPERIENTIAL LEARNING.
Program accomplishments
- URBAN BOATBUILDERS, INC. (THE ORGANIZATION") IS A PUBLIC CHARITY ESTABLISHED TO EMPOWER YOUTH TO SUCCEED IN WORK AND LIFE THROUGH WOODWORKING AND EXPERIENTIAL LEARNING. THE ORGANIZATION'S PRIMARY FUNDING SOURCE IS DONOR CONTRIBUTIONS.URBAN BOATBUILDERS' PROGRAMMING ENGAGES YOUTH IN HANDS-ON BUILDING PROJECTS WHICH SERVE AS A VEHICLE TO DEVELOP SOCIAL, EMOTIONAL, AND TECHNICAL SKILLS. THESE SKILLS AND EXPERIENCES EMPOWER YOUTH TO PURSUE THEIR GOALS AND ACHIEVE SUCCESS IN SCHOOL, WORK, AND LIFE. THE PARTNERSHIP PROGRAM BRINGS HANDS-ON LEARNING EXPERIENCES TO LOCAL SCHOOLS AND COMMUNITY ORGANIZATIONS TO ENGAGE STUDENTS WHO THRIVE THROUGH CREATIVE, HANDS-ON EDUCATION. THIS PROGRAM ENHANCES ACADEMIC INSTRUCTION AND REDEFINES STUDENT'S RELATIONSHIP WITH LEARNING AND SUCCESS. IN 2024, THE PROGRAM SERVED 209 YOUNG PEOPLE AT 12 PARTNER ORGANIZATIONS. IN 2023, THE PROGRAM SERVED 935 YOUNG PEOPLE AT 18 PARTNER ORGANIZATIONS. 100% OF PARTNERS REPORTED THAT THE PROGRAM IS A "VERY GOOD FIT" FOR STUDENTS WHO STRUGGLE IN A TRADITIONAL CLASSROOM SETTING. THE APPRENTICESHIP PROGRAM PROVIDES PAID VOCATIONAL TRAINING TO YOUTH WITH BARRIERS TO EMPLOYMENT. YOUTH WORK IN COHORTS OF PEERS TO BUILD BOATS AND DEVELOP WORK READINESS SKILLS SUCH AS COLLABORATION, PROBLEM SOLVING, AND VERBAL COMMUNICATION. IN 2024, THE PROGRAM SERVED 53 YOUNG PEOPLE. IN 2023, THE PROGRAM SERVED 44 YOUNG PEOPLE. 100% OF THESE REPORTED THAT THE PROGRAM HELPED THEM FIGURE OUT THE NEXT STEPS NEEDED TO SUCCESSFULLY ACHIEVE THEIR GOALS.Expenses $886,364 · revenue $981,022
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
- 41-1831598
- 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)
- Youth development (O20)
- Assets (IRS master file)
- $348,812
- Income (IRS master file)
- $981,022
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $981,022 | $1,078,171 | $348,812 | IRS |
| 990 | December 2023 | $983,262 | $1,165,639 | $483,049 | XML |
| 990 | December 2022 | $1,052,170 | $929,206 | $743,141 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | 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 41-1831598).
Questions about URBAN BOATBUILDERS INC
- What is the EIN of URBAN BOATBUILDERS INC?
- The employer identification number (EIN) of URBAN BOATBUILDERS INC is 41-1831598.
- Is URBAN BOATBUILDERS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to URBAN BOATBUILDERS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does URBAN BOATBUILDERS INC 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 URBAN BOATBUILDERS INC 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 URBAN BOATBUILDERS INC 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 URBAN BOATBUILDERS INC?
- The 990 for the year ended December 31, 2024 names MARC HOSMER.
- Who are the officers and directors of URBAN BOATBUILDERS INC?
- The 990 for the year ended December 31, 2024 lists 12 people; 1 received compensation from the organization, the highest $116,145 (MARC HOSMER, EXECUTIVE DIRECTOR/CEO).
- How much revenue does URBAN BOATBUILDERS INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $981,022, expenses of $1,078,171 and total assets of $348,812 at year end.
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All nonprofits in SAINT PAUL · Minnesota · Youth development