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Community Thrift Shop Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 112068428 ✦ Huntington, NY ✦ Designated as a 501(c)(3)

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Overview

What is Community Thrift Shop Inc?

Community Thrift Shop Inc, located at 345 Main Street, Huntington, New York, is a nonprofit organization that specializes in selling donated merchandise. Their primary objective is to generate funds by selling these donations, which they subsequently distribute to their affiliated charitable organizations. This thrift shop contributes to the mission of providing support and resources to these nonprofits, ultimately benefiting the wider community. With a modest workforce of just two individuals, Community Thrift Shop Inc plays a crucial role in recycling donated items and contributing to worthy causes.

Is Community Thrift Shop Inc legitimate?

Community Thrift Shop Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Thrift Shop Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $48,510

For more financial information, click here

What is the mission statement of Community Thrift Shop Inc?

Community Thrift Shop Inc's mission is centered around the sale and distribution of donated merchandise. The primary objective of this organization is to utilize the proceeds from these sales to support various charitable organizations. By doing so, Community Thrift Shop Inc contributes to the welfare of these exempt member agencies, providing them with much-needed financial aid. This mission serves as a bridge between individuals who wish to donate goods and the charitable organizations that benefit from the proceeds, thereby promoting community support and giving back to those in need.

Who is the CEO of Community Thrift Shop Inc?

Susan Bruder is the President of Community Thrift Shop Inc.

What is the revenue of Community Thrift Shop Inc?

Community Thrift Shop Inc's revenue in 2022 was $210,903.

Who are the executives of Community Thrift Shop Inc and what are their salaries?

The average compensation at Community Thrift Shop Inc during 2022 was $24,255. There are 2 employees and 80 volunteers at Community Thrift Shop Inc.


Here are 4 key members and their salaries:


Susan Bruder (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Taylor (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonnie Gruber (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Williams (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Community Thrift Shop Inc?

Community Thrift Shop Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Community Thrift Shop Inc

Community Thrift Shop Inc, a nonprofit organization, is primarily engaged in the sale and distribution of donated merchandise. The primary objective of this organization is to utilize the profits generated from the sale of these donated items to support a network of charitable organizations. By doing so, Community Thrift Shop Inc plays a crucial role in channeling resources to these participating charitable agencies, thereby contributing to their overall mission and objectives. This unique model allows Community Thrift Shop Inc to make a tangible impact in the community, leveraging the power of second-hand goods to support various charitable causes.

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Impact




October, 2024

Community Thrift Shop Inc significantly impacts the local community by providing a sustainable platform for donating gently used merchandise. By selling these donations, it generates funds that are channeled directly to various participating charitable organizations. This process not only helps to reduce waste by repurposing items but also supports vital services in the Huntington, NY area.

The shop serves as a resource for individuals looking for affordable goods while simultaneously supporting local charities. Through its operations, Community Thrift Shop fosters a spirit of community engagement and social responsibility, encouraging residents to both donate and shop, knowing that their contributions are making a difference. This dual approach enhances the quality of life for many residents, addressing various human service needs through the financial support it provides to member agencies.




This information is meant to be a general summary of Community Thrift Shop Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$210,903 (2022)
Expenses
$199,121 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2
  • Program Service Revenue: $208,616
  • Gross Receipts: $210,903

Assets and Liabilities:

  • Total Assets: $378,766
  • Total Liabilities: $347,561
  • Net Assets: $31,205

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SALE DONATED MERCHANDISE

Revenue

$208,616

Organization Details

Founding Year

1965

Principal Officer

Susan Bruder

Main Address

345 Main Street, Huntington, NY, 11743

NTEE Category

Code: P29Z - Human services

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