Overview
What is The Thrift Shop Association Of Ypsilanti?
The Thrift Shop Association of Ypsilanti is a nonprofit organization that operates a community-serving retail shop, offering affordable resale items. Their primary mission is to contribute excess income beyond operational expenses to support local charities. To ensure equitable access, they employ a voucher system. This system extends aid to individuals in need, including clients of social service agencies, families of underprivileged school children, and recently released prisoners, who can "purchase" necessary items such as clothing and household items without charge. Since its implementation, this system has benefited 375 individuals.
Official website here: www.ypsithriftshop.org
Is The Thrift Shop Association Of Ypsilanti legitimate?
The Thrift Shop Association Of Ypsilanti is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Thrift Shop Association Of Ypsilanti 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.
Official website here: www.ypsithriftshop.org
What is the mission statement of The Thrift Shop Association Of Ypsilanti?
The Thrift Shop Association of Ypsilanti's mission is centered around operating a retail shop that offers affordable resale items to the community. Beyond its commercial operations, the association's primary goal is to contribute surplus income towards supporting local charities. They have implemented a voucher system, which extends the opportunity for individuals in need, such as clients of social service agencies, families of school children, and newly released prisoners, to obtain clothing and household items free of charge. To date, this voucher system has provided assistance to 375 individuals.
Official website here: www.ypsithriftshop.org
Who is the CEO of The Thrift Shop Association Of Ypsilanti?
Nancy Hamilton is the President of The Thrift Shop Association Of Ypsilanti.
Official website here: www.ypsithriftshop.org
What is the revenue of The Thrift Shop Association Of Ypsilanti?
The Thrift Shop Association Of Ypsilanti's revenue in 2022 was $69,225.
Official website here: www.ypsithriftshop.org
Who are the executives of The Thrift Shop Association Of Ypsilanti and what are their salaries?
Here are 11 key members and their salaries:
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Official website here: www.ypsithriftshop.org
Where can I find the form 990EZ for The Thrift Shop Association Of Ypsilanti?
The Thrift Shop Association Of Ypsilanti's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.ypsithriftshop.org
Learn more at the official website: www.ypsithriftshop.org
Mission Statement of The Thrift Shop Association Of Ypsilanti
The Thrift Shop Association of Ypsilanti, a nonprofit organization, operates a retail shop that provides the community with affordable resale items. Its primary mission is to contribute to local charities by donating income surpassing its operational expenses. The association has implemented a unique voucher system, which extends the opportunity to obtain clothing and household items free of charge to individuals in need. This system has benefited 375 individuals, including clients of social service agencies, families of underprivileged school children, and newly released prisoners. By offering this service, The Thrift Shop Association of Ypsilanti plays a significant role in supporting the less fortunate members of its community.
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Impact
October, 2024
The Thrift Shop Association of Ypsilanti significantly impacts the local community by providing access to affordable resale items, thereby addressing economic challenges faced by residents. With its retail shop, the association offers a wide range of clothing and housewares that are crucial for individuals and families managing tight budgets.
A key aspect of its service is the voucher system, which ensures that clients of social service agencies, families in financial need, and newly released prisoners can obtain essential items free of charge. This program has already benefited 375 individuals, demonstrating a direct commitment to enhancing the quality of life for those who require assistance in Ypsilanti, MI.
Moreover, the association fosters community support by donating income above operating expenses to local charities, thereby extending its impact beyond immediate retail services. By addressing both immediate needs and broader social challenges, the Thrift Shop Association plays a vital role in supporting vulnerable populations in the Ypsilanti area.
This information is meant to be a general summary of The Thrift Shop Association Of Ypsilanti. 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: $4,002
- Gross Receipts: $69,225
Assets and Liabilities:
- Total Assets: $292,555
- Total Liabilities: $3,271
- Net Assets: $289,284
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Organization Details
Phone
(734) 483-1226Principal Officer
Nancy Hamilton
Main Address
14 S Washington St, Ypsilanti, MI, 48197
Website
www.ypsithriftshop.orgNTEE Category
Code: P29Z - Human services
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