Caballeros De Yuma Inc

Overview

Caballeros De Yuma Inc is a nonprofit organization registered as a 501(c)(6) entity and is based in Yuma, Arizona. The organization was formed to support and enhance youth, civic, educational, and recreational activities in the Yuma area.

History

Caballeros De Yuma Inc was established by a group of businessmen in 1962. Initially, their focus was on greeting visiting groups and VIPs in Yuma County.

Mission and Operations

The primary mission of Caballeros De Yuma Inc is to promote greater Yuma area youth, civic, educational, and recreational activities. This mission is achieved through the organization and sponsorship of various special events throughout the year. One of their most notable events is "Midnight at the Oasis," a three-day classic car and nostalgia festival held annually in March. This event attracts over 900 entrants and approximately 50,000 attendees, significantly boosting local tourism and commerce while fostering a sense of community and pride among residents.

Impact

Caballeros De Yuma Inc has a substantial impact on the local community by creating opportunities for community engagement and celebration of local culture. The proceeds from their events contribute to scholarships for Arizona colleges and universities and donations to local youth organizations and charities. Recently, they have generated $21,000 in scholarships and donated $94,877 to local youth organizations and charities. This support not only aids individuals but strengthens community resources and programs that uplift young residents.

Financials

Caballeros De Yuma Inc operates with a negligible executive compensation and professional fundraising fees. Their finances include investment income and program service revenues, which contribute to their total assets. As of recent reports, the organization's total assets were valued at over $1 million[1].

Legitimacy

Caballeros De Yuma Inc is recognized as a legitimate nonprofit organization, submitting the requisite Form 990 to maintain transparency and adhere to regulatory requirements. Their legitimacy is further underscored by a lack of recorded executive compensation and professional fundraising fees[1].