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Lots Inc

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

EIN: 262817581 ✦ Sheridan, MI ✦ Designated as a 501(c)(3)

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Overview

What is Lots Inc?

Lots Inc. is a nonprofit human service organization situated in Sheridan, Michigan. They operate a resale shop as their primary means of aiding the community. Lots' mission is to extend assistance through various initiatives, such as donations and grant programs, thereby contributing positively to their local area. The organization's activities are centered around community support, making it an essential resource for the residents of Sheridan.

Is Lots Inc legitimate?

Lots Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lots 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 Lots Inc?

Lots Inc, as a human service organization, operates a resale shop with the primary mission of aiding the community. This is achieved through various programs, with donations and grants being key components. The organization's goal is to offer assistance to the community in need, without providing specific details about its location in the provided information.

Who is the CEO of Lots Inc?

Tammy Deacons is the President of Lots Inc.

What is the revenue of Lots Inc?

Lots Inc's revenue in 2022 was $79,532.

Who are the executives of Lots Inc and what are their salaries?


Here are 6 key members and their salaries:


Tammy Deacons (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna West (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Muns (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deb Koepke (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sana Gaffney (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shannon Kilduff (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Lots Inc?

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

Mission Statement of Lots Inc

Lots Inc, a human service organization, serves its community through its resale shop in Sheridan. Its mission is to aid the community by implementing programs centered around donations and grants. By operating in this manner, Lots Inc strives to contribute positively to the community it serves.

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Impact




August, 2024

Lots Inc's impact is significant in the community of Sheridan, MI. Through its resale shop operations, the organization plays a crucial role in supporting local residents through various programs such as donations and grants. Lots Inc's efforts directly contribute to improving the well-being of individuals in need and fostering a stronger sense of community support in Sheridan. Their dedication to providing human services demonstrates a commitment to making a positive difference in the lives of their fellow community members.




This information is meant to be a general summary of Lots 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
$79,532 (2022)
Expenses
$73,140 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $19
  • Program Service Revenue: $53,947
  • Gross Receipts: $79,532

Assets and Liabilities:

  • Total Assets: $19,458
  • Total Liabilities: $2,050
  • Net Assets: $17,408

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Organization Details

Principal Officer

Tammy Deacons

Main Address

221 S MAIN ST PO Box 201, SHERIDAN, MI, 48884

NTEE Category

Code: P29 - Human services

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