Overview
What is Monroe County Helping Hands?
Monroe County Helping Hands is a nonprofit organization that operates a thrift store, serving as a platform to generate revenue and cover costs. The primary objective of this thrift store is to contribute to charitable causes. By managing the store's earnings effectively, Monroe County Helping Hands sets aside a portion of the excess revenues for donation to eligible charities. Additionally, the organization extends its support to charities through in-kind donations of necessary goods.
Is Monroe County Helping Hands legitimate?
Monroe County Helping Hands is a legitimate nonprofit organization registered as a 501(c)(3) entity. Monroe County Helping Hands 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $95,773
For more financial information, click here
What is the mission statement of Monroe County Helping Hands?
Monroe County Helping Hands, as an organization, runs a thrift store with the aim of benefiting charities. They cover both the revenue and costs associated with the thrift store operation. A portion of the excess revenues generated is donated to eligible charities, and they also make in-kind donations of goods. Essentially, Monroe County Helping Hands uses its thrift store to support charitable causes financially and through material donations.
What is the revenue of Monroe County Helping Hands?
Monroe County Helping Hands's revenue in 2024 was $239,839.
Who are the executives of Monroe County Helping Hands and what are their salaries?
The average compensation at Monroe County Helping Hands during 2024 was $9,577. There are 10 employees at Monroe County Helping Hands.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Monroe County Helping Hands?
Monroe County Helping Hands's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Monroe County Helping Hands
Monroe County Helping Hands, a nonprofit organization, is committed to supporting charities through the operation of a thrift store. The thrift store serves a dual purpose, including both generating revenue and covering its operational costs. Beyond this, Monroe County Helping Hands generously donates a portion of the excess revenues to eligible charities. Furthermore, the organization extends its aid to charities in the form of in-kind donations of various goods. In essence, Monroe County Helping Hands leverages its thrift store operations to support and uplift charitable causes within its community.
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Impact
October, 2024
Monroe County Helping Hands significantly impacts the local community by operating a thrift store that serves both economic and charitable purposes. The revenue generated from the store contributes directly to funding qualified charities, allowing them to address various community needs effectively. Additionally, by making in-kind donations of goods, Monroe County Helping Hands ensures that essential items reach those in need, further enhancing their support for local charities. This multifaceted approach not only aids in fostering a spirit of generosity but also creates a sustainable model for giving back to the community, bolstering human services in the Waterloo, IL area.
This information is meant to be a general summary of Monroe County Helping Hands. 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 2024.
- Investment Income: $3
- Program Service Revenue: $236,744
- Gross Receipts: $239,839
Assets and Liabilities:
- Total Assets: $23,038
- Total Liabilities: $1,028
- Net Assets: $22,010
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
merchandise sales
Revenue
$236,744
Organization Details
Principal Officer
Rich Kelley
NTEE Category
Code: P29 - Human services
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