Posey County Thrift Shop Inc

Posey County Thrift Shop Inc

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

EIN: 237086350 ✦ Mount vernon, IN ✦ Designated as a 501(c)(3)

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Overview

What is Posey County Thrift Shop Inc?

Posey County Thrift Shop Inc, located at 1105 North Main Street, Mount Vernon, IN 47620, is a nonprofit organization with a dedicated team of 12 employees. Their primary mission is to assist low-income individuals by offering a variety of used items at minimal costs. This includes clothing, household goods, and other essentials. The organization's core activity revolves around processing and distributing these items to those in need, aiming to improve their quality of life.

Is Posey County Thrift Shop Inc legitimate?

Posey County Thrift Shop Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Posey County 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: $190,584

For more financial information, click here

What is the mission statement of Posey County Thrift Shop Inc?

Posey County Thrift Shop Inc, as an organization, is dedicated to serving those in need. Their primary mission is to provide second-hand clothing, household items, and various other goods to individuals who are financially struggling. They achieve this goal by processing and offering these items at a minimal cost. The thrift shop's activities are geared towards assisting low-income individuals, aiming to alleviate some of their material needs. In essence, Posey County Thrift Shop Inc plays a crucial role in the community by offering a source of affordable essentials to those who require it the most.

Who is the CEO of Posey County Thrift Shop Inc?

Kaye Bippus is the President of Posey County Thrift Shop Inc.

What is the revenue of Posey County Thrift Shop Inc?

Posey County Thrift Shop Inc's revenue in 2022 was $242,385.

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

The average compensation at Posey County Thrift Shop Inc during 2022 was $15,882. There are 12 employees and 1 volunteer at Posey County Thrift Shop Inc.


Here are 9 key members and their salaries:


Kaye Bippus (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jake Warrum (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marcia Schneider (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cheven May (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jane Norris (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Seifert (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jenifer Hargett (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pam Hartman (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karla Wolf (Store Manager)
  • Compensation: $53,745
  • Related: $0
  • Other: $0
Where can I find the form 990 for Posey County Thrift Shop Inc?

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

Mission Statement of Posey County Thrift Shop Inc

Posey County Thrift Shop Inc is a nonprofit organization that dedicates its efforts to providing essential items to individuals in need. Specifically, the organization collects and processes used clothing, household items, and various other goods, making them available at a minimal cost to the recipients. By doing so, Posey County Thrift Shop Inc plays a significant role in alleviating the financial burden on low-income individuals, enabling them to access necessary items without incurring excessive expenses. The organization's mission is to serve as a vital resource in the community, ensuring that those in need have access to the essentials they require to maintain a decent standard of living.

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Impact




October, 2024

Posey County Thrift Shop Inc significantly impacts the community by providing access to used clothing, household items, and other essential goods to individuals and families in need. Located in Mount Vernon, IN, the organization processes a wide range of donated items, ensuring that low-income individuals can acquire necessary items at minimal costs. This assistance not only helps alleviate financial burdens but also fosters a sense of dignity and self-sufficiency among those facing economic challenges. Additionally, the thrift shop encourages sustainability by reusing items, which contributes to environmental conservation and reduces waste. Through its services, Posey County Thrift Shop Inc strengthens the fabric of the community by supporting the most vulnerable and enhancing their quality of life.




This information is meant to be a general summary of Posey County 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
$242,385 (2022)
Expenses
$250,220 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $953
  • Program Service Revenue: $227,074
  • Gross Receipts: $242,385

Assets and Liabilities:

  • Total Assets: $300,758
  • Total Liabilities: $7,734
  • Net Assets: $293,024

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Organization Details

Founding Year

1969

Principal Officer

Kaye Bippus

Main Address

1105 NORTH MAIN STREET, MOUNT VERNON, IN, 47620

NTEE Category

Code: P20 - Human services

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