Overview
What is Bloomington Thrift Shop Inc?
Bloomington Thrift Shop Inc is a charitable organization primarily funded by the sales of donated items such as clothing and household goods. Its primary role is to serve as a significant fundraising source for the Zeta Chapter of Psi Iota Xi, a philanthropic sorority. The proceeds from these sales are then channeled towards supporting various local charitable and educational organizations within the Bloomington community. Last year, the shop generously donated an impressive $12,000 to these beneficial groups.
Is Bloomington Thrift Shop Inc legitimate?
Bloomington Thrift Shop Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bloomington Thrift Shop Inc 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.
What is the mission statement of Bloomington Thrift Shop Inc?
Bloomington Thrift Shop Inc serves as a primary funding source for the Zeta Chapter of Psi Iota Xi, a philanthropic sorority. The shop operates by selling donated clothing and household items, with the net sale proceeds dedicated to supporting local charitable and educational organizations. Last year, the shop managed to contribute an impressive sum of $12,000 to various groups that provide assistance to the Bloomington community. In essence, the mission of Bloomington Thrift Shop Inc is to leverage secondhand goods sales to contribute financially to charitable and educational initiatives within its local community.
Who is the CEO of Bloomington Thrift Shop Inc?
Phyllis Switzer is the President of Bloomington Thrift Shop Inc.
What is the revenue of Bloomington Thrift Shop Inc?
Bloomington Thrift Shop Inc's revenue in 2021 was $79,343.
Who are the executives of Bloomington Thrift Shop Inc and what are their salaries?
Where can I find the form 990EZ for Bloomington Thrift Shop Inc?
Bloomington Thrift Shop Inc's most recent form 990EZ was submitted in 2021 and can be accessed here.
Mission Statement of Bloomington Thrift Shop Inc
Bloomington Thrift Shop Inc, serving as the primary fundraising source for the Zeta Chapter of Psi Iota Xi, is a philanthropic entity with a mission to sell donated clothing and household items. The net proceeds from these sales are dedicated to supporting local charitable and educational organizations within the community. Last year, the shop was able to contribute an impressive $12,000 to various organizations that provide assistance to the Bloomington community. By operating in this manner, Bloomington Thrift Shop Inc effectively leverages its resources to support the well-being and development of local individuals and institutions.
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Impact
August, 2024
Bloomington Thrift Shop Inc, serving as the primary fundraising source for the Zeta Chapter of Psi Iota Xi, has made a significant impact on the Bloomington community. Through the sale of donated clothing and household items, the shop generated $12,000 in net proceeds last year alone. These funds were dedicated to supporting local charitable and educational organizations, benefiting various groups that provide assistance to the Bloomington community. The shop's contributions have positively impacted education and other important causes in the area, making a difference in the lives of those in need.
This information is meant to be a general summary of Bloomington Thrift Shop 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 2021.
- Investment Income: $4
- Gross Receipts: $79,343
Assets and Liabilities:
- Total Assets: $436,365
- Total Liabilities: $5,913
- Net Assets: $430,452
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Organization Details
Phone
(812) 332-5851Principal Officer
Phyllis Switzer
Main Address
220 S MADISON STREET, BLOOMINGTON, IN, 47404
NTEE Category
Code: B83 - Education
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