Overview
What is Finger Lakes Reuse Inc?
Finger Lakes Reuse Inc is a nonprofit organization based in Ithaca, New York, located at 214 Elmira Rd, 14850. Their mission is to enrich the community, economy, and environment through reuse. They achieve this by operating community reuse centers that are accessible to the public daily. These centers serve as convenient hubs where individuals can donate reusable materials and purchase affordable goods. In addition to its primary functions, Finger Lakes Reuse Inc offers job training opportunities and teaches reuse-related skills. In 2022, an estimated 180,000 visits were made to their three reuse community centers. Through these centers, they managed to divert an estimated 1,243 tons of materials from potentially ending up in landfills, saving an estimated $119,000 in waste fees for Tompkins County residents. The organization employs a total of 137 individuals.
Official website here: www.ithacareuse.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Finger Lakes Reuse Inc has received a Three-Star rating from Charity Navigator, reflecting an overall score of 81%. This rating is derived entirely from the Accountability & Finance beacon, indicating a strong emphasis on financial health and operational transparency. The organization demonstrates robust accountability practices, with a fully independent board and comprehensive policies in place for conflict of interest and whistleblower protection.
The nonprofit excels in financial oversight, as evidenced by a perfect score in the audit and oversight committee category, as well as high program expense ratios. Specifically, 87.86% of its expenses are directed toward its programs, showcasing a commitment to its mission. These strengths underscore the organization's effective management and prioritization of donor funds.
However, a notable limitation is reflected in the liabilities to assets ratio, which stands at 135.77%. This suggests that the organization has more liabilities than assets, which could imply potential financial challenges. Overall, while Finger Lakes Reuse Inc shows significant strengths in accountability and program funding, stakeholders should be aware of its financial liabilities.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Finger Lakes Reuse Inc?
96% of 15 reviewers on Facebook recommend Finger Lakes Reuse Inc. Here's what they have to say:
Many find it to be an excellent resource for discovering a wide variety of project materials. Customers appreciate the diverse selection available for various creative and construction needs, indicating that the nonprofit effectively caters to those seeking affordable reuse options. The overall atmosphere appears welcoming and supportive, enhancing the experience for patrons.
In summary, Finger Lakes Reuse Inc. is well-regarded among users for its commitment to promoting sustainable reuse practices while providing valuable materials for community projects. The positive feedback suggests that the organization successfully fulfills its mission and meets the needs of those who utilize its services.
This AI summary has been generated from reviews found on Facebook.
Is Finger Lakes Reuse Inc legitimate?
Finger Lakes Reuse Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Finger Lakes Reuse 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: $88,224
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,933,161
For more financial information, click here
Official website here: www.ithacareuse.org
What is the mission statement of Finger Lakes Reuse Inc?
Finger Lakes Reuse Inc's mission is to improve and sustain community, economy, and environment through the practice of reuse. They achieve this by operating community reuse centers that provide a convenient and accessible location for the public to donate reusable materials, purchase affordable goods, participate in job training opportunities, and learn reuse-related skills. The centers, which saw approximately 180,000 visits in 2022, diverted an estimated 1,243 tons of materials from potential landfill waste, potentially saving $119,000 in waste fees for Tompkins County residents. By promoting reuse, Finger Lakes Reuse Inc contributes to a more sustainable future.
Official website here: www.ithacareuse.org
Who is the CEO of Finger Lakes Reuse Inc?
Diane Cohen is the Director of Finger Lakes Reuse Inc.
Official website here: www.ithacareuse.org
What is the revenue of Finger Lakes Reuse Inc?
Finger Lakes Reuse Inc's revenue in 2022 was $3,196,635.
Official website here: www.ithacareuse.org
Who are the executives of Finger Lakes Reuse Inc and what are their salaries?
The average compensation at Finger Lakes Reuse Inc during 2022 was $14,755. There are 137 employees and 237 volunteers at Finger Lakes Reuse Inc.
Here are 12 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $81,441
- Related: $0
- Other: $6,783
Official website here: www.ithacareuse.org
Where can I find the form 990 for Finger Lakes Reuse Inc?
Finger Lakes Reuse Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ithacareuse.org
Learn more at the official website: www.ithacareuse.org
Mission Statement of Finger Lakes Reuse Inc
Finger Lakes Reuse Inc, a notable non-profit organization, is dedicated to enhancing community, economy, and environment through reuse. By operating community reuse centers, the organization provides a platform where individuals can donate reusable materials, purchase affordable goods, and engage in job training opportunities, while also learning reuse-related skills.
The mission of Finger Lakes Reuse Inc is multifaceted. Firstly, it aims to promote community development by offering accessible locations where people can contribute to reducing waste and sustainability efforts. Secondly, it aims to bolster the local economy by providing affordable goods and creating job training opportunities that foster skills in reuse. Lastly, it strives to minimize environmental impact by diverting materials from landfills, thus saving potential waste fees for residents and contributing to a more sustainable future.
In 2022 alone, over 180,000 visits were made to three of their reuse community centers, and an estimated 1,243 tons of materials were diverted from potentially ending up in landfills. This initiative not only saved an estimated $119,000 in waste fees for Tompkins County residents but also underscores Finger Lakes Reuse Inc's commitment to responsible waste management and sustainability.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
June, 2024
Finger Lakes Reuse Inc's impact is significant in enhancing the community, economy, and environment through reuse. Their community reuse centers, open to the public daily, provide a convenient and accessible location for anyone to donate reusable materials, purchase affordable goods, engage in job training opportunities, and learn reuse-related skills. In 2022, shoppers made an estimated 180,000 visits to their three reuse community centers, resulting in the diversion of 746,795 items, approximately 1,243 tons of materials, from potentially ending up in landfills. This not only contributes to environmental sustainability but also represents a potential savings of $119,000 in waste fees for Tompkins County residents.
This information is meant to be a general summary of Finger Lakes Reuse 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $56
- Program Service Revenue: $104,764
- Gross Receipts: $3,207,691
Assets and Liabilities:
- Total Assets: $2,214,196
- Total Liabilities: $3,006,367
- Net Assets: -$792,171
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MISCELLANEOUS REVENUE
Revenue
$36,391
REUSE CENTER REVENUE
Revenue
$33,176
FREON AND CRT FEES
Revenue
$17,622
DECONSTRUCTION FEES
Revenue
$17,575
Organization Details
Founding Year
2007
Phone
(607) 257-9699Principal Officer
Diane Cohen
Main Address
214 ELMIRA RD, ITHACA, NY, 14850
Website
www.ithacareuse.orgNTEE Category
Code: C27 - Environment
If you are a representative of Finger Lakes Reuse Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.