BOSTON YOUNG BLACK PROFESSIONALS

WALTHAM, MA | Middlesex County
Economic Development
BOSTON YOUNG BLACK PROFESSIONALS
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As of , this nonprofit no longer meets findCRA's qualification requirements and will no longer appear in CQ search results.

Reason for disqualification:

Overview

BOSTON YOUNG BLACK PROFESSIONALS
35-2777220
800 LEXINGTON ST UNIT 1046
WALTHAM, MA 02452
Middlesex County
(339) 230-4785

thebostonybp@gmail.com
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Mission Statement info

BOSTON YOUNG BLACK PROFESSIONALS (YBP), A 501(C)3 CHARITY ORGANIZATION, WAS FOUNDED IN AUGUST 2012 WITH THE INTENT OF BRINGING TOGETHER YOUNG, BLACK PROFESSIONALS FOR NETWORKING, FELLOWSHIP, AND COMMUNITY-BUILDING.

CRA Category info
  • Economic Development
Nonprofit location info
  • This nonprofit is not located in any CRA geographies.
Awards & Certifications info
  • This nonprofit has not received any CRA awards or certifications.
Founded info
2012
Total Employees info
4
Total Volunteers info
4
Nonprofit Classification (NTEE Code) info
A03

A - Arts, Culture and Humanities

Professional Societies & Associations

Learned societies, professional councils, and other organizations that bring together individuals or organizations with a common professional or vocational interest within the Arts, Culture, and Humanities major group area.

IRS Activity Codes info
-
Not reported
-
Not reported
-
Not reported
Standard Business Classification (NAICS Code) info
813920
Professional Organizations
Targeted Clients info
  • Entrepreneurs
  • General Public
  • Minority Individuals
  • Minority-Owned Businesses
  • Small Businesses
CRA Income Characteristics info
  • Moderate-Income

CRA Alignment

CRA Category info
Economic Development
Workforce development, job training, and small business or startup support.
30%
Percent LMI Served info
as reported by the nonprofit
What does it mean for a nonprofit to be CRA aligned?
Each nonprofit on Community Qualifier has been reviewed by findCRA utilizing a dual evaluation process. Nonprofits are first evaluated by our proprietary algorithm, CRANIA, and then further validated by our CRA experts. When nonprofit passes both parts of this review, we create a nonprofit profile for them on Community Qualifier. From there, a nonprofit can claim their profile and add additional information including their programs & services, counties served, targeted clients and income groups and more.
Programs & Services info
Network After Work
Boston Young Black Professionals hosts a "Network After Work" event each month, deliberately selecting Black-owned businesses in the Boston area as our venue partners. This intentional choice not only provided a dynamic backdrop for our networking event but also aligned with our organization's commitment to fostering economic empowerment within the community. Against the backdrop of these unique spaces, professionals connect, shared insights, and forged meaningful relationships. Attendees not only experienced the energy of networking but also actively contributed to the success of Black-owned enterprises.
Targeted Clients info
  • Economically Disadvantaged
  • Entrepreneurs
  • General Public
  • Women-Owned Businesses
CRA Income Characteristics info
  • Moderate-Income
Juneteenth
Boston Young Black Professionals eagerly anticipated our Juneteenth Cookout event at Franklin Park in the heart of Boston, sponsored by the Black Boston Alumnae Grrek Chapter. Envisioned as a celebration of freedom, community, and culture, the event was designed to bring together community for an unforgettable day of festivities. Unfortunately, 2023, despite our excitement and meticulous planning, Mother Nature had other plans, and the event was rained out. Despite this setback, the spirit of Juneteenth remains resilient within our community. We extend our gratitude to our sponsors, Black Greek life, and vendors, whose unwavering support amplifies our commitment to showcasing and celebrating the richness of black culture. While the rain m
Targeted Clients info
  • Minority Individuals
CRA Income Characteristics info

    Not reported

Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$0
Revenue
$0
Assets
$0

IRS Business Master File Details info

As of August 2024
Exempt Ruling Date info
2023-02
Deductibility Status info
Deductible
Last Tax Filing info
2023
Organization Type info
Corporation
Organization Tax Filing Status info
990 - Required to file Form 990-N - Income less than $25,000 per year
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)

IRS Publication 78 Details info

As of August 2024
Verified in Publication 78 info
No
Deductibility Limitation info
Not reported
Organization Description info
Not reported

IRS Form 990 Returns info

Through August 2023
No IRS 990 returns are available for this nonprofit.

Nonprofit Location

Physical Address info
800 LEXINGTON ST UNIT 1046
WALTHAM, MA 02452
Middlesex County
Area Type info
Metropolitan Statistical Area
FIPS Geocoded Address info
15764
MSA/MD info
25
State info
017
County info
3681.01
Tract info
Middle
Income Level info
Core-Based Statistical Area info
14460 - Boston-Cambridge-Newton, MA-NH
Combined Statistical Area info
148 - Boston-Worcester-Providence, MA-RI-NH
Metropolitan Division info
15764 - Cambridge-Newton-Framingham, MA
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 35.70%
FFIEC Distressed Census Tract info
FFIEC Underserved Census Tract info
Geographies Served info
  • MA - All Counties
  • MA - Middlesex County

Market Data

Census Tract County
3681.01 Middlesex County
Population
Total Population 5,782 1,623,109
Total Households 2,151 629,775
Income
Median Income* $134,955 $121,304
Median Family Income (2024 FFIEC est.) $146,600 $146,600
Tract Income Percentage 111.09% N/A
Below Poverty Level 6.3% 7.4%
Unemployment Level 0.8% 4.4%
Housing
Total Housing Units 2,354 658,555
Total Owner-Occupied Units 44.8% 61.5%
Total Renter-Occupied Units 46.6% 38.5%
Total Vacant Units 8.6% 3.3%
* Census Tract Median Income based on 2020 Tract Median Family Income as reported in the 2024 FFIEC Census Flat File. County Income based on Median Household Income as reported in the 2022 American Community Survey.
View more than 200 performance context data points for this county now.

Management

Not reported
Total Voting Members
in Governing Body info
Not reported
Independent Voting Members
in Governing Body info
Tax Filing Signatory info
Not reported by nonprofit.
Principal Officer info
Not reported by nonprofit.
findCRA Profile Owner
Aleah Grady
Treasurer
thebostonybp@gmail.com
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Whistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed
Organization Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Information in this section is not available as the nonprofit did not e-file their tax return. As such, the hyphens (“-“) in this section indicate that the information was not available.

PDFs of this nonprofit's tax filings are included in the IRS Summary section above, when available from the IRS.

This Nonprofit Profile was created using data available from publicly available government and industry sources, our own research, and information provided directly the nonprofit organization. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit help.findcra.com.