Overview
What is Rainbow Shoppe Inc?
Rainbow Shoppe Inc, based in Charlevoix, Michigan, is a nonprofit organization that operates a resale store. Their primary mission is to provide essential items such as clothing, household goods, books, toys, and furniture to individuals in need at a minimal cost. By doing so, they aim to alleviate financial burdens and foster personal connections with lonely and distressed individuals in the community. Rainbow Shoppe Inc collaborates with the Charlevoix Ministerial Association to manage this volunteer-led initiative, aiming to enhance the well-being of their local community. With a team of nine dedicated individuals, they strive to make a significant impact in their community by offering resources to those in need.
Is Rainbow Shoppe Inc legitimate?
Rainbow Shoppe Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rainbow Shoppe 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: $174,122
For more financial information, click here
What is the mission statement of Rainbow Shoppe Inc?
Rainbow Shoppe Inc's mission is centered around working in collaboration with a local ministerial association. Their primary objective is to manage and organize a resale shop on a volunteer basis, with the aim of benefiting the community. This is achieved by providing essential items to individuals in need at an affordable price. The resale store, stocked with donated items such as clothing, household items, books, toys, and furniture, serves as a platform for offering necessary goods to those who cannot afford them. Moreover, the shop provides an opportunity for personal interaction with distressed, lonely, and needy individuals in the area, offering them support and companionship.
Who is the CEO of Rainbow Shoppe Inc?
Gail Seidel is the Director of Rainbow Shoppe Inc.
What is the revenue of Rainbow Shoppe Inc?
Rainbow Shoppe Inc's revenue in 2022 was $229,103.
Who are the executives of Rainbow Shoppe Inc and what are their salaries?
The average compensation at Rainbow Shoppe Inc during 2022 was $19,347. There are 9 employees at Rainbow Shoppe Inc.
Here are 9 key members and their salaries:
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Where can I find the form 990 for Rainbow Shoppe Inc?
Rainbow Shoppe Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rainbow Shoppe Inc
Rainbow Shoppe Inc, in collaboration with the Charlevoix Ministerial Association, works towards the organization and management of a resale shop on a volunteer basis. Their mission is centered around enhancing the community by providing essential items to those in need at a minimal cost. The Rainbow Shoppe serves as a resale store, stocking a variety of donated goods such as clothing, household items, books, toys, and furniture. By operating in this capacity, the shop aims to bridge the gap for individuals who may not have the financial means to purchase these items themselves.
Moreover, the Rainbow Shoppe provides a personal connection to lonely, distressed, and needy individuals within the community. This connection is a significant aspect of their mission, as it allows for a more holistic approach in addressing the needs of those they serve. By offering these necessary items at a reduced cost, the Rainbow Shoppe plays an instrumental role in uplifting and supporting individuals who may be going through difficult times. It is through this mission that Rainbow Shoppe Inc contributes to the betterment of its community, providing a vital service that strengthens and supports its most vulnerable members.
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Impact
October, 2024
Rainbow Shoppe Inc has a meaningful impact on the Charlevoix community by operating a resale shop that offers essential items to those in need. By providing a diverse array of donated clothing, household items, books, toys, and furniture at nominal costs, it creates accessible opportunities for individuals and families to obtain necessary goods.
The shop not only caters to immediate material needs but also fosters personal connections within the community. Volunteers engage directly with residents, offering support and companionship to those who may be lonely or distressed. This social interaction is a key aspect of the shop's mission, helping to create a sense of community and belonging for vulnerable individuals.
Overall, Rainbow Shoppe Inc serves as a vital resource, promoting welfare and kindness while addressing the challenges faced by many in the Charlevoix area.
This information is meant to be a general summary of Rainbow Shoppe 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 2022.
- Investment Income: $9
- Gross Receipts: $229,103
Assets and Liabilities:
- Total Assets: $366,707
- Total Liabilities: $4,516
- Net Assets: $362,191
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Organization Details
Founding Year
1983
Phone
(231) 547-2815Principal Officer
Gail Seidel
Main Address
06480 OLD US 31 SOUTH, CHARLEVOIX, MI, 49720
NTEE Category
Code: P29 - Human services
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