Overview
What is Treasure Chest?
Treasure Chest is a nonprofit organization situated in Waite Park, Minnesota, specifically at 2234 Frontage Road S. Their primary mission is to support Elevate, Inc., a 501(C)(3) public charity, by generating profits from the sale of both donated and consigned new and used goods. The revenue generated from these sales is then donated back to Elevate, Inc., which operates with a focus on charitable activities. The Treasure Chest team consists of 30 dedicated individuals.
Is Treasure Chest legitimate?
Treasure Chest is a legitimate nonprofit organization registered as a 501(c)(3) entity. Treasure Chest 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: $255,010
For more financial information, click here
What is the mission statement of Treasure Chest?
Treasure Chest's mission is centered around providing financial support. Specifically, it contributes funds to Elevate, Inc., a recognized 501(C)(3) public charity. This support is facilitated through the sale of both donated and consigned new and used goods. The profits generated from these sales are then channeled towards Elevate, Inc., thereby aiding in its charitable operations.
Who is the CEO of Treasure Chest?
Mike Bitzan is the Secretary of Treasure Chest.
What is the revenue of Treasure Chest?
Treasure Chest's revenue in 2022 was $598,770.
Who are the executives of Treasure Chest and what are their salaries?
The average compensation at Treasure Chest during 2022 was $8,500. There are 30 employees and 48 volunteers at Treasure Chest.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Treasure Chest?
Treasure Chest's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Treasure Chest
Treasure Chest, a nonprofit organization, is dedicated to providing financial support for Elevate, Inc., a 501(C)(3) public charity. To achieve this mission, Treasure Chest engages in various activities, primarily selling both donated and consigned new and used goods. The profits generated from these sales serve as a crucial source of funding for Elevate, Inc., thereby contributing to its charitable endeavors. By supporting Elevate, Inc., Treasure Chest plays a vital role in furthering the cause of this public charity, without specifying the particular area of focus for Elevate, Inc. in the provided information.
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Impact
October, 2024
Treasure Chest significantly impacts the community by generating financial resources that support Elevate, Inc., a dedicated public charity. Through the sale of new and used goods, both donated and on a consignment basis, it creates a sustainable funding stream that enables Elevate, Inc. to deliver vital human services. This initiative not only fosters a culture of giving and recycling but also strengthens the local economy by creating jobs and encouraging community involvement. By facilitating the donation of goods and directing profits towards essential services, Treasure Chest enhances the overall well-being of the community, paving the way for positive change and support for those in need.
This information is meant to be a general summary of Treasure Chest. 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: $342
- Gross Receipts: $598,770
Assets and Liabilities:
- Total Assets: $436,235
- Total Liabilities: $59,675
- Net Assets: $376,560
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Organization Details
Founding Year
1980
Phone
(320) 255-1808Principal Officer
Mike Bitzan
Main Address
2234 FRONTAGE ROAD S, WAITE PARK, MN, 56387
NTEE Category
Code: P20 - Human services
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