Overview
What is Blues City Thrift Stores Inc?
Blues City Thrift Stores Inc, a nonprofit organization situated in Memphis, contributes positively to the local community by selling high-quality, second-hand items. Through their thrift store operations, they generate funds, which are then donated to chosen charities. This financial assistance aims to strengthen and support various local charitable organizations in the area. The organization's mission is deeply rooted in community upliftment, ensuring that their thrift store activities directly benefit the welfare of the community they serve.
Is Blues City Thrift Stores Inc legitimate?
Blues City Thrift Stores Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blues City Thrift Stores 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: $252,462
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What is the mission statement of Blues City Thrift Stores Inc?
Blues City Thrift Stores Inc's mission is centered around positively impacting communities, specifically in this case, Memphis. They achieve this by operating thrift stores and selling high-quality, pre-loved merchandise. The primary objective of these sales is to generate proceeds, which are then donated to a select group of charities. This financial support aims to provide essential assistance to these local charitable organizations.
Who is the CEO of Blues City Thrift Stores Inc?
William Holt Hall is the President of Blues City Thrift Stores Inc.
What is the revenue of Blues City Thrift Stores Inc?
Blues City Thrift Stores Inc's revenue in 2022 was $499,914.
Who are the executives of Blues City Thrift Stores Inc and what are their salaries?
The average compensation at Blues City Thrift Stores Inc during 2022 was $8,415. There are 30 employees and 2 volunteers at Blues City Thrift Stores Inc.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Blues City Thrift Stores Inc?
Blues City Thrift Stores Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Blues City Thrift Stores Inc
Blues City Thrift Stores Inc, a nonprofit organization, aims to make a positive impact on its community by operating thrift stores and selling high-quality, secondhand merchandise. The primary objective of this venture is to generate proceeds, which are then donated to a select group of charities. This financial support serves as a crucial lifeline for these local charities, enabling them to carry out their respective missions and contribute to the betterment of the community. By engaging in thrift store operations and charitable donations, Blues City Thrift Stores Inc plays an instrumental role in uplifting the Memphis community.
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Impact
October, 2024
Blues City Thrift Stores Inc plays a significant role in the Memphis community by selling high-quality, gently used merchandise. The operations of these thrift stores generate vital funds that are donated to various local charities, enhancing financial support for initiatives that address various human services needs. Through its efforts, Blues City Thrift Stores not only promotes sustainability by encouraging the reuse of goods but also fosters community well-being by helping to fund programs that uplift and support residents in Memphis. Its activities help to create a positive ripple effect, benefiting both the environment and the local population.
This information is meant to be a general summary of Blues City Thrift Stores 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.
- Gross Receipts: $499,914
Assets and Liabilities:
- Total Assets: $237,949
- Total Liabilities: $68,368
- Net Assets: $169,581
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Organization Details
Founding Year
2009
Principal Officer
William Holt Hall
Main Address
6685 Quince Road Suite 110, Memphis, TN, 38119
NTEE Category
Code: P20 - Human services
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