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The Resource Exchange

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

EIN: 270493941 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

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Overview

What is The Resource Exchange?

The Resource Exchange is a nonprofit organization based in Philadelphia, Pennsylvania, with a focus on promoting creative reuse, recycling, and resource conservation. By diverting valuable materials from the waste stream, they redirect these resources to artists, builders, educators, and the general public. Since 2009, they have kept over 2 million pounds of materials out of local landfills and incinerators, making a significant contribution to waste reduction in the city. The organization hosts monthly meetings and showcases local artist works in their gallery. With a workforce of 9 individuals, they have been actively engaged in various projects, such as theatre and film productions, public art installations, community gardens, outdoor classrooms, and green building projects.


Official website here: www.theresourceexchange.org

What do the Facebook reviews say about The Resource Exchange?

92% of 48 reviewers on Facebook recommend The Resource Exchange. Here is a summary of their reviews:

Many users express enthusiasm about the variety of materials available at the nonprofit, noting it serves as a valuable resource for creative projects. One reviewer highlighted their frequent visits to the location in Philadelphia, emphasizing that there's always something unique to discover and transform, which speaks to the nonprofit's ability to inspire creativity.

Overall, individuals appreciate the offerings of The Resource Exchange and its impact on their creative endeavors, indicating that it indeed fulfills its mission of providing materials that spark innovation and artistic expression.


This AI summary has been generated from reviews found on Facebook.

Is The Resource Exchange legitimate?

The Resource Exchange is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Resource Exchange 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: $38,563
Professional Fundraising Fees: $0
Other Salaries and Wages: $83,617

For more financial information, click here


Official website here: www.theresourceexchange.org

What is the mission statement of The Resource Exchange?

The Resource Exchange, a reuse center, is dedicated to promoting creative reuse, recycling, and resource conservation. By diverting valuable materials from the waste stream, it redirects them towards artists, builders, educators, and the general public. The mission of this organization is to keep materials out of landfills and incinerators, and instead, repurpose them for theater and film productions, public art installations, individual artist works, community gardens, outdoor classrooms, and green building projects. Since its inception in 2009, The Resource Exchange has successfully diverted over 2 million pounds of waste from Philadelphia's landfills and incinerators. The organization hosts monthly meetings and showcases local artist works in its gallery.


Official website here: www.theresourceexchange.org

Who is the CEO of The Resource Exchange?

Karyn Gerred is the Executive Director Ceo of The Resource Exchange. The CEO's salary of The Resource Exchange is $38,563 and their total compensation is $38,563.


Official website here: www.theresourceexchange.org

What is the revenue of The Resource Exchange?

The Resource Exchange's revenue in 2022 was $231,818.


Official website here: www.theresourceexchange.org

Who are the executives of The Resource Exchange and what are their salaries?

The average compensation at The Resource Exchange during 2022 was $13,576. There are 9 employees at The Resource Exchange.


Here are 15 key members and their salaries (The Resource Exchange's CEO's salary is $38,563 and their total compensation is $38,563):


Karyn Gerred (Executive Director Ceo)
  • Compensation: $38,563
  • Related: $0
  • Other: $0
Rebecca Torres (Program Staff)
  • Compensation: $27,388
  • Related: $0
  • Other: $0
Joseph T Whitfield (Program Staff)
  • Compensation: $20,086
  • Related: $0
  • Other: $0
Bay Fletcher (Program Staff)
  • Compensation: $12,219
  • Related: $0
  • Other: $0
Brittany Sweigart (Program Staff)
  • Compensation: $9,637
  • Related: $0
  • Other: $0
Kristin Barrett Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allison Hoban (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Zwolak (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Flora Vassar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Williamson (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kate Quinn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erika Katz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Gerred (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen Finch (Board Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Madigan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.theresourceexchange.org

Where can I find the form 990 for The Resource Exchange?

The Resource Exchange's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.theresourceexchange.org

Learn more at the official website: www.theresourceexchange.org

Mission Statement of The Resource Exchange

The Resource Exchange, a reuse center, is dedicated to promoting creative reuse, recycling, and resource conservation. This mission is achieved by diverting valuable materials from the waste stream and redirecting them to artists, builders, educators, and the general public. The organization channels low-cost, reclaimed materials into various projects, such as theatre and film productions, public art installations, individual artist works, community gardens, outdoor classrooms, and green building projects. Since its inception in 2009, The Resource Exchange has kept over 2 million pounds of materials out of Philadelphia landfills and incinerators. The organization also hosts monthly meetings and promotes local artist works in the gallery.

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Impact




June, 2024

The Resource Exchange has significantly impacted the Philadelphia community by diverting over 2 million pounds of valuable materials from landfills and incinerators since 2009. This organization plays a crucial role in promoting creative reuse, recycling, and resource conservation by providing low-cost, reclaimed materials to artists, builders, educators, and the general public. Through initiatives such as hosting monthly meetings, featuring local artists in the gallery, and supplying materials for various projects including theatre and film productions, public art installations, community gardens, outdoor classrooms, and green building projects, The Resource Exchange has successfully fostered a culture of sustainability and environmental stewardship in the city.




This information is meant to be a general summary of The Resource Exchange. 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
$231,818 (2022)
Expenses
$222,458 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $206,297
  • Gross Receipts: $231,818

Assets and Liabilities:

  • Total Assets: $125,956
  • Total Liabilities: $6,739
  • Net Assets: $119,217

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

REUSE CENTER

Revenue

$206,297

Organization Details

Founding Year

2009

Principal Officer

Karyn Gerred

Main Address

1800 N AMERICAN STREET, Philadelphia, PA, 19122

NTEE Category

Code: C99 - Environment

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