Overview
What is Community Thrift Shop?
Community Thrift Shop, located at 85 Godwin Avenue, Midland Park, New Jersey (07432), is a nonprofit organization that accepts donations of various goods from the general public. Upon selling these items, a portion of the profits is redirected to the donor's chosen charitable organization. This thrift shop operates with a team of 11 employees, demonstrating their commitment to supporting designated charities through the sale of donated goods.
Is Community Thrift Shop legitimate?
Community Thrift Shop is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Thrift Shop 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: $88,754
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What is the mission statement of Community Thrift Shop?
The Community Thrift Shop operates with a purpose to accept donations of various goods from the public. Upon selling these items, a portion of the revenue is channeled towards supporting the donor's designated charitable organization. Essentially, the thrift shop serves as a platform for individuals to contribute to their preferred charities by donating their unwanted items, which are then sold to fund these charitable causes. The thrift shop plays a crucial role in connecting donors with their chosen charitable organizations, making a difference in their communities through monetary contributions.
What is the revenue of Community Thrift Shop?
Community Thrift Shop's revenue in 2024 was $290,719.
Who are the executives of Community Thrift Shop and what are their salaries?
The average compensation at Community Thrift Shop during 2024 was $9,862. There are 9 employees and 50 volunteers at Community Thrift Shop.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Community Thrift Shop?
Community Thrift Shop's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Community Thrift Shop
The Community Thrift Shop serves as a platform that encourages the general public to donate their unused goods. Once these items are sold, a portion of the earnings is directed towards the donor's chosen charitable organization. In essence, this thrift shop acts as a conduit, channeling funds from the sale of donated items to support various charitable causes chosen by the donors. By participating in this process, individuals can contribute to their preferred charities while also reducing waste and promoting recycling.
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Impact
October, 2024
Community Thrift Shop positively impacts both individuals and charitable organizations through its unique model of accepting donations of goods from the public. By selling these items, the shop creates a sustainable source of funding for various charitable organizations that donors choose to support. This not only helps to raise funds for vital community services but also promotes recycling and reduces waste by giving new life to pre-loved items.
Located in Midland Park, NJ, the Community Thrift Shop fosters a sense of community engagement, allowing residents to participate in the cycle of giving while also benefiting from affordable shopping options. Each purchase made at the shop contributes to local causes, encouraging a culture of support and philanthropy within the community. Furthermore, by providing a platform for charitable donations, the shop helps to elevate awareness about local needs and the importance of helping others.
Overall, the Community Thrift Shop serves as a bridge between those looking to declutter their homes and organizations in need of support, creating a ripple effect of positive change in the community.
This information is meant to be a general summary of Community Thrift Shop. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $3,348
- Program Service Revenue: $287,371
- Gross Receipts: $290,719
Assets and Liabilities:
- Total Assets: $297,261
- Total Liabilities: $155,592
- Net Assets: $141,669
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SALES OF DONATED GOODS
Revenue
$287,371
Organization Details
Founding Year
1929
Principal Officer
Sue Fremgen
NTEE Category
Code: P29Z - Human services
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