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The Copper Nail Community Resale Shop

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

EIN: 260884302 ✦ Grass lake, MI ✦ Designated as a 501(c)(3)

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Overview

What is The Copper Nail Community Resale Shop?

The Copper Nail Community Resale Shop is a community-driven nonprofit organization situated in Grass Lake, Michigan (111 E Michigan Ave). Its primary objective is to offer financial assistance to local nonprofit organizations within the Grass Lake area, helping them achieve their group objectives. To achieve this mission, the shop operates as a resale outlet, selling donated items from the community. By retailing these items, the shop has successfully provided over a million dollars in funds to support various local nonprofit initiatives.

Is The Copper Nail Community Resale Shop legitimate?

The Copper Nail Community Resale Shop is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Copper Nail Community Resale 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: $0

For more financial information, click here

What is the mission statement of The Copper Nail Community Resale Shop?

The Copper Nail Community Resale Shop's mission is centered around providing financial aid to local nonprofit organizations in their respective mission pursuit. They achieve this mission by operating a community resale shop, where items are donated by the community. The shop's primary objective is to utilize the proceeds generated from these donations to help these organizations meet their goals. Since its inception, The Copper Nail Community Resale Shop has successfully contributed over a million dollars to various nonprofit organizations in the Grass Lake area.

Who is the CEO of The Copper Nail Community Resale Shop?

Diane Deboe is the President of The Copper Nail Community Resale Shop.

What is the revenue of The Copper Nail Community Resale Shop?

The Copper Nail Community Resale Shop's revenue in 2022 was $280,455.

Who are the executives of The Copper Nail Community Resale Shop and what are their salaries?


Here are 8 key members and their salaries:


Melvin Parker (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christine Breed (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kerene Morrissey (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Wymer (Vice Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Rees (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Diane Deboe (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maggie Morehouse (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Coppernoll (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Copper Nail Community Resale Shop?

The Copper Nail Community Resale Shop's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of The Copper Nail Community Resale Shop

The Copper Nail Community Resale Shop is committed to providing financial aid to local nonprofit organizations in the Grass Lake area. Their mission is to assist these organizations in achieving their group goals by operating a community resale shop that sells donated items from the community. The shop has been successful in its mission, having contributed over $1,000,000 to various nonprofit organizations in the Grass Lake Area. The resale shop serves as a means to support these organizations financially, helping them to continue their work and make a positive impact in the community.

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Impact




October, 2024

The Copper Nail Community Resale Shop plays a vital role in supporting local nonprofit organizations in the Grass Lake area. By retailing items donated by community members, the shop has facilitated the distribution of over $1,000,000 to various local groups, directly impacting their ability to achieve their goals and serve the community effectively. This initiative not only helps to fund critical services but also fosters a sense of community engagement and collaboration among residents. The resale shop enhances local social services, thereby enriching the Grass Lake area as a whole.




This information is meant to be a general summary of The Copper Nail Community Resale 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.

Revenue
$280,455 (2022)
Expenses
$275,710 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $72
  • Gross Receipts: $280,455

Assets and Liabilities:

  • Total Assets: $679,487
  • Total Liabilities: $200
  • Net Assets: $679,287

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Organization Details

Founding Year

2007

Principal Officer

Diane Deboe

Main Address

111 E Michigan Ave, Grass Lake, MI, 49240

NTEE Category

Code: P29 - Human services

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