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Nonprofit · EIN 45-0659049

YOUNG CATHOLIC PROFESSIONALS

Tax-exempt · IRVING, TX 75062

Financials

$2.1M$1.3M2022$1.9M$1.7M2023$1.5M$2.1M2024
Revenue Expenses · by fiscal year end
Financials of YOUNG CATHOLIC PROFESSIONALS by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,511,800$2,069,498-$557,698$1,357,599$230,181$1,127,418
December 31, 2023990$1,877,107$1,747,015$130,092$1,934,227$249,111$1,685,116
December 31, 2022990$2,066,421$1,254,469$811,952$1,765,867$209,529$1,556,338
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$996,005
Membership dues
$78,764
Program service revenue
$503,342
Investment income
$12,453
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$267,769
Other salaries and wages
$770,369
Salaries, compensation and benefits (total)
$1,137,002
Professional fundraising fees
$0
Accounting fees
$38,700
Occupancy
$7,703
Travel
$47,998
Program services (functional)
$1,495,386
Management and general (functional)
$333,602
Fundraising (functional)
$240,510

Balance sheet and other

Total assets, start of year
$1,934,227
Total assets, end of year
$1,357,599
Total liabilities, end of year
$230,181
Net assets, end of year
$1,127,418
Net assets without donor restrictions
$1,127,418
Gross receipts
$1,511,800
Employees
15
Volunteers
650
Year formed
2011
State of legal domicile
TX

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.

NameTitleHours / weekCompensationOther / benefits
Peter BluteExecutive Dir.
Officer
40$115,720$38,766
Jennifer BaughDirector
Trustee or director
40$113,022$261
Dwight RiskeyChairman
Trustee or director
1$0$0
Michael StefanskiDirector
Trustee or director
1$0$0
Tom JonesDirector
Trustee or director
1$0$0
Cecelia GannonDirector
Trustee or director
1$0$0
Sean MagennisChairman
Trustee or director
1$0$0
Marla MockDirector
Trustee or director
1$0$0
Kumar KibbleDirector
Trustee or director
1$0$0
Andre de CavaignacDirector
Trustee or director
1$0$0
Jonathan StrateDirector
Trustee or director
1$0$0
Dina Dwyer-OwensDirector
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 14 people
NameTitleHours / weekCompensation
Phillip MauroCCO40$139,293
Jennifer BaughDirector
Trustee or director, Officer
40$130,457
Peter BluteExecutive Dir.
Officer
40$107,039
Dwight RiskeyChairman
Trustee or director
1$0
Michael StefanskiDirector
Trustee or director
1$0
Mark BalasaDirector
Trustee or director
1$0
Tom JonesDirector
Trustee or director
1$0
Cecelia GannonDirector
Trustee or director
1$0
Sean MagennisChairman
Trustee or director
1$0
Marla MockDirector
Trustee or director
1$0
Kumar KibbleDirector
Trustee or director
1$0
Andre de CavaignacDirector
Trustee or director
1$0
Jonathan StrateDirector
Trustee or director
1$0
Dina Dwyer-OwensDirector
Trustee or director
1$0
990 for the year ended December 31, 2022: 11 people
NameTitleHours / weekCompensation
Jennifer BaughExecutive Dir.
Trustee or director, Officer
40$130,457
Dwight RiskeyChairman
Trustee or director, Officer
1$0
Tim NeedlesDirector
Trustee or director
1$0
Michael StefanskiDirector
Trustee or director
1$0
Mark BalasaDirector
Trustee or director
1$0
Peter DeTrempeDirector
Trustee or director
1$0
Tom JonesDirector
Trustee or director
1$0
Cecelia GannonDirector
Trustee or director
1$0
Marisa CaronaDirector
Trustee or director
1$0
Sean MagennisDirector
Trustee or director
1$0
Marla MockDirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
511 E JOHN CARPENTER FWY STE 500, IRVING, TX 75062-8138
Mailing address (990-N for 2019)
PO Box 540666, Orlando FL 32854
Principal officer (990 for 2024)
Peter Blute, 511 E John Carpenter Fwy 500, Irving, TX 75062
Principal officer (990-N for 2019)
Kevin Shaughnessy, PO Box 540666, Orlando FL 32854
Signed the 990
Peter Blute, Executive Director
Phone
(469) 607-3090
Return prepared by
Zac Mabry LLC

Mission

Young Catholic Professionals is a 501c3 nonprofit on a mission to challenge, train and inspire young adults working in various professions to Work in Witness for Christ. In a world that can be void of meaning and leave them restless and dissatisfied, YCP brings together young professionals in their 20s and 30s into a community of belonging, support, and encouragement at all stages of the faith journey. YCP empowers and equips them to live their Catholic faith through everyday work, and to perform all work with excellence for the glory of God.

990 for the year ended December 31, 2024

Program accomplishments

  • Membership Experience - Young Catholic Professionals membership is open to young professionals, priests, religious, and seasoned Catholic business leaders from all over the country. YCP offers members opportunities for spiritual direction, networking, mentoring, and professional development. In 2024, YCP hosted its annual membership conference.
    Expenses $923,867 · revenue $435,204
  • Chapter Support - Young Catholic Professionals continues to encourage young adults working in various professions to Work in witness for Christ. Chapters meet together on a monthly basis and host events including executive speaker series, where we invite experienced Catholic professionals to provide counsel and encouragement to our members. We expanded YCP over the past year to multiple new cities.
    Expenses $571,519 · revenue $186,916

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
45-0659049
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)
Group exemption
Exempt since
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Group exemption
6110 (41 member organizations)
Assets (IRS master file)
$1,357,599
Income (IRS master file)
$1,511,800

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,511,800$2,069,498$1,357,599XML
990December 2023$1,877,107$1,747,015$1,934,227XML
990December 2022$2,066,421$1,254,469$1,765,867XML
990December 2021–––IRS
990December 2020–––IRS
990-N for 2019
Officer: Kevin Shaughnessy
December 31, 2019≤ $50,000 receipts––e-Postcard
990December 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 45-0659049).

Questions about YOUNG CATHOLIC PROFESSIONALS

What is the EIN of YOUNG CATHOLIC PROFESSIONALS?
The employer identification number (EIN) of YOUNG CATHOLIC PROFESSIONALS is 45-0659049.
Is YOUNG CATHOLIC PROFESSIONALS tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to YOUNG CATHOLIC PROFESSIONALS tax-deductible?
Yes. It is listed in IRS Publication 78 (Group exemption).
Which annual return does YOUNG CATHOLIC PROFESSIONALS 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 YOUNG CATHOLIC PROFESSIONALS 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 YOUNG CATHOLIC PROFESSIONALS 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 YOUNG CATHOLIC PROFESSIONALS?
The 990 for the year ended December 31, 2024 names Peter Blute.
Who are the officers and directors of YOUNG CATHOLIC PROFESSIONALS?
The 990 for the year ended December 31, 2024 lists 12 people; 2 received compensation from the organization, the highest $115,720 (Peter Blute, Executive Dir.).
How much revenue does YOUNG CATHOLIC PROFESSIONALS have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,511,800, expenses of $2,069,498 and total assets of $1,357,599 at year end.

Organizations in its group exemption (41)

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