Friendly Thrift Center Inc

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

EIN: 237077163 ✦ Davenport, IA ✦ Designated as a 501(c)(3)

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Overview

What is Friendly Thrift Center Inc?

Friendly Thrift Center Inc, situated in Davenport, Iowa, is a nonprofit organization dedicated to assisting low-income individuals in the community. By offering new or gently used clothing and household items at no or reduced cost, they provide essential resources to those in need. The organization accepts vouchers from various non-profit organizations and offers free clothing and household items to eligible recipients, benefiting approximately 750 individuals annually with grants of $40 each. Additionally, Friendly Thrift Center purchases and provides new socks, underwear, and personal hygiene products for an estimated 725 individuals, allocating $4.50 per person. In total, the organization's efforts are estimated to support over 1400 individuals in need annually.

Is Friendly Thrift Center Inc legitimate?

Friendly Thrift Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friendly Thrift Center Inc submitted a form 990EZ, 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.

What is the mission statement of Friendly Thrift Center Inc?

Friendly Thrift Center Inc's mission centers around providing affordable or free clothing and household essentials to individuals in financial need. They collaborate with non-profit organizations, offering vouchers for their merchandise. In 2022, they were estimated to assist around 750 individuals with grants of $40 each for clothing and housewares. Additionally, the center provides new socks, underwear, and personal hygiene products for an estimated 725 individuals, allocating $4.50 per person for these items. The organization is committed to serving the community by making these essentials accessible.

Who is the CEO of Friendly Thrift Center Inc?

Bob Davis is the President of Friendly Thrift Center Inc.

What is the revenue of Friendly Thrift Center Inc?

Friendly Thrift Center Inc's revenue in 2022 was $43,870.

Who are the executives of Friendly Thrift Center Inc and what are their salaries?


Here are 10 key members and their salaries:


Bob Davis (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Miller (Vice-President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail Jackson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheila Kistenmacher (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trudy Crane (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Moran (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marlene Corray (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackie Rouse (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dorothy Addabbo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Gross (Manager - Through May 2022)
  • Compensation: $7,074
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Friendly Thrift Center Inc?

Friendly Thrift Center Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.

Mission Statement of Friendly Thrift Center Inc

Friendly Thrift Center, a non-profit organization, is committed to providing essential items at no or low cost to individuals in the community who are economically disadvantaged. This compassionate organization accepts vouchers from various service organizations and offers free clothing and household goods to those in need, estimated to aid about 750 individuals with grants of $40 each annually. In addition to this, Friendly Thrift Center goes beyond by purchasing and distributing new socks, underwear, and personal hygiene products for these grant recipients, benefiting an estimated 725 individuals with a contribution of $4.50 per person. This thoughtful initiative ensures that those in need have access to basic necessities, thereby contributing to their overall well-being.

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Impact




August, 2024

Friendly Thrift Center Inc's impact is significant in providing essential clothing and household items to low-income individuals in the community. By offering new or gently used clothes and housewares at little to no cost, the organization supports those in need by helping them access basic necessities. Friendly Thrift Center's reach extends to approximately 750 individuals with grants of $40 each in 2022, ensuring that many receive the assistance they require. Moreover, the organization's provision of new socks, underwear, and personal hygiene products to an estimated 725 individuals further demonstrates their dedication to meeting essential needs in the community. Their commitment to supporting vulnerable individuals highlights their vital role in enhancing the well-being of those they serve.




This information is meant to be a general summary of Friendly Thrift Center 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
$43,870 (2022)
Expenses
$40,006 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $43,870

Assets and Liabilities:

  • Total Assets: $31,124
  • Total Liabilities: $0
  • Net Assets: $31,124

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Organization Details

Principal Officer

Bob Davis

Main Address

1411 BRADY ST, DAVENPORT, IA, 52803

NTEE Category

Code: P20 - Human services

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