Overview
What is 3 Way Thrift Store Inc?
3 Way Thrift Store Inc is a nonprofit organization situated in Chino, California, with a postal address at 13364 Central Ave, ZIP code 91710. Their primary mission is to operate two thrift stores, utilizing the proceeds from these operations to provide financial assistance to other recognized nonprofit organizations, as stated in 2022 they distributed $465,000. By doing so, the thrift store contributes to the support of various charitable causes operating under the 501(c)3 status. The organization employs a total of 25 individuals to carry out these operations.
Official website here: www.3waythrift.org
Is 3 Way Thrift Store Inc legitimate?
3 Way Thrift Store Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 3 Way Thrift Store 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: $666,999
For more financial information, click here
Official website here: www.3waythrift.org
What is the mission statement of 3 Way Thrift Store Inc?
3 Way Thrift Store Inc's mission is centered around operating second-hand stores, with the primary objective of raising funds. These funds are then distributed to various other non-profit organizations classified under 501(c)3. In 2022, the store managed to distribute a substantial sum of $465,000 to these non-profit entities. The thrift store's activities serve as a means to support the noble causes and initiatives of these organizations.
Official website here: www.3waythrift.org
What is the revenue of 3 Way Thrift Store Inc?
3 Way Thrift Store Inc's revenue in 2023 was $4,675,479.
Official website here: www.3waythrift.org
Who are the executives of 3 Way Thrift Store Inc and what are their salaries?
The average compensation at 3 Way Thrift Store Inc during 2023 was $41,687. There are 16 employees and 15 volunteers at 3 Way Thrift Store Inc.
Here are 9 key members and their salaries:
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Official website here: www.3waythrift.org
Where can I find the form 990 for 3 Way Thrift Store Inc?
3 Way Thrift Store Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.3waythrift.org
Learn more at the official website: www.3waythrift.org
Mission Statement of 3 Way Thrift Store Inc
3 Way Thrift Store Inc, a non-profit organization, is dedicated to fulfilling its mission by operating thrift stores. The primary purpose of these stores is to generate funds, which are subsequently distributed to other eligible 501(c)3 organizations. By managing these thrift stores effectively, 3 Way Thrift Store Inc has been able to contribute a substantial sum of $465,000 to various non-profit organizations in 2022 alone. This financial assistance aids these organizations in carrying out their respective missions, thereby making a significant impact in various communities. In essence, 3 Way Thrift Store Inc serves as a vital link between its thrift store operations and other non-profit organizations, facilitating the transfer of resources to support various causes.
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Impact
October, 2024
3 Way Thrift Store Inc plays a significant role in the community by operating thrift stores that generate essential funding for various charitable organizations. Through its two thrift store locations in Chino, CA, the organization distributes proceeds to support the activities of over 501(c)(3) organizations. In 2022 alone, it contributed $465,000 to enhance human services within the community. This impact not only provides financial resources but also promotes a culture of reuse and sustainability, encouraging community members to donate and shop for affordable items while contributing to a greater cause. The thrift stores serve as a vital resource, bridging the gap between those looking to give back and those in need of support, all while fostering a sense of community engagement and social responsibility.
This information is meant to be a general summary of 3 Way Thrift Store 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 2023.
- Investment Income: $15,845
- Gross Receipts: $4,676,347
Assets and Liabilities:
- Total Assets: $4,366,284
- Total Liabilities: $133,035
- Net Assets: $4,233,249
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Organization Details
Founding Year
1994
Principal Officer
Mark Ligtenberg
Website
www.3waythrift.orgNTEE Category
Code: P29 - Human services
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