Mercantile Exchange Inc C/O W Thomas Reeves

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

EIN: 272469724 ✦ Creve coeur, MO ✦ Designated as a 501(c)(4)

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Overview

What is Mercantile Exchange Inc C/O W Thomas Reeves?

Mercantile Exchange Inc C/O W Thomas Reeves is a nonprofit organization that is actively involved in facilitating the development of 63141, specifically the 601 Locust Street in St. Louis. Their mission is twofold: to alleviate governmental burdens and to contribute to the renovation of blighted structures in the downtown area of St. Louis. They achieve this by leasing and sub-leasing the property for their designated purpose. This initiative aims to contribute positively to the urban landscape and community development in St. Louis.

Is Mercantile Exchange Inc C/O W Thomas Reeves legitimate?

Mercantile Exchange Inc C/O W Thomas Reeves is a legitimate nonprofit organization registered as a 501(c)(4) entity. Mercantile Exchange Inc C/O W Thomas Reeves 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 Mercantile Exchange Inc C/O W Thomas Reeves?

Mercantile Exchange Inc, under the leadership of its entity W Thomas Reeves, has a mission to alleviate governmental burdens and specifically focusing on renovating dilapidated structures in urban environments. This mission is particularly directed towards the downtown area of an unspecified city. The organization's primary objective is to renovate blighted buildings, aiming to enhance the overall appearance and vitality of the area. The entity, Mercantile Exchange Inc, is also involved in the development of a specific property, 601 Locust Street, in an unnamed city, by leasing and sub-leasing the property.

Who is the CEO of Mercantile Exchange Inc C/O W Thomas Reeves?

W Thomas Reeves is the President of Mercantile Exchange Inc C/O W Thomas Reeves.

What is the revenue of Mercantile Exchange Inc C/O W Thomas Reeves?

Mercantile Exchange Inc C/O W Thomas Reeves's revenue in 2020 was $97,791.

Who are the executives of Mercantile Exchange Inc C/O W Thomas Reeves and what are their salaries?

There 5 volunteers at Mercantile Exchange Inc C/O W Thomas Reeves.


Here are 5 key members and their salaries:


W Thomas Reeves (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacy W Hastie (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Otis Williams (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Kelley (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zachary Boyers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Mercantile Exchange Inc C/O W Thomas Reeves?

Mercantile Exchange Inc C/O W Thomas Reeves's most recent form 990 was submitted in 2020 and can be accessed here.

Mission Statement of Mercantile Exchange Inc C/O W Thomas Reeves

Mercantile Exchange Inc C/O W Thomas Reeves, as a nonprofit organization, aims to alleviate governmental burdens and specifically focuses on renovating dilapidated structures in urban areas. The primary mission of this organization is to enhance the downtown area of a city, in this case, St. Louis, by restoring neglected buildings and structures. This initiative aims to contribute positively to the city's appearance and overall living conditions. The organization undertakes the development of a specific property, 601 Locust Street, in St. Louis, by leasing and subleasing the property. This activity serves as a means to accomplish the organization's mission of revitalizing urban areas, one building at a time.

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Impact




October, 2024

Mercantile Exchange Inc C/O W Thomas Reeves plays a significant role in urban revitalization, particularly in the downtown area of St. Louis. By focusing on the renovation of blighted structures, the organization addresses critical issues related to urban decay, which can lead to economic decline and a decrease in community engagement. Its efforts to rehabilitate properties, such as the development at 601 Locust Street, not only improve the physical landscape but also enhance the overall livability and attractiveness of the area.

Through its mission to lessen the burdens of government, Mercantile Exchange Inc aids local authorities by alleviating some of the pressures associated with urban management and infrastructure maintenance. The organization’s commitment to facilitating development contributes to job creation, increases property values, and fosters a sense of community pride. Overall, its impact is seen in the revitalization of neighborhoods, bolstering community development, and promoting a sustainable urban environment in St. Louis.




This information is meant to be a general summary of Mercantile Exchange Inc C/O W Thomas Reeves. 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
$97,791 (2020)
Expenses
$73,241 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Program Service Revenue: $97,791
  • Gross Receipts: $98,791

Assets and Liabilities:

  • Total Assets: $0
  • Total Liabilities: $0
  • Net Assets: $0

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Programs

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

RENTAL INCOME

Revenue

$97,791

Organization Details

Founding Year

2010

Principal Officer

W Thomas Reeves

Main Address

12300 OLIVE BOULEVARD, CREVE COEUR, MO, 63141

NTEE Category

Code: Z99 - Unknown

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