Overview
What is Lake Crystal G R A C E?
Lake Crystal G R A C E is a community-focused nonprofit organization, situated within the region. Their primary activity revolves around offering a recycling facility for clothing and household items. This service allows the local community to contribute to their cause. The organization then generates income from the sale of these items, which they subsequently donate to various local charities. Lake Crystal G R A C E's mission is twofold: to promote recycling and contribute to the betterment of the community by supporting deserving charities.
Is Lake Crystal G R A C E legitimate?
Lake Crystal G R A C E is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lake Crystal G R A C E 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 Lake Crystal G R A C E?
Lake Crystal G R A C E, as an organization, offers a recycling service for clothing and household items within the community. The primary goal of this initiative is to generate proceeds, which are then donated to local charities. By providing this service, Lake Crystal G R A C E contributes to the betterment of the community and supports various charitable causes with the earnings. This endeavor encapsulates Lake Crystal G R A C E's commitment to environmental sustainability and community support.
Who is the CEO of Lake Crystal G R A C E?
Calvin Thate is the President of Lake Crystal G R A C E.
What is the revenue of Lake Crystal G R A C E?
Lake Crystal G R A C E's revenue in 2022 was $106,087.
Who are the executives of Lake Crystal G R A C E and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990EZ for Lake Crystal G R A C E?
Lake Crystal G R A C E's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Lake Crystal G R A C E
Lake Crystal Grace, a community-focused organization, offers a recycling service for clothing and household items. Their mission is twofold: firstly, they provide a facility where community members can bring their unwanted items for recycling. Secondly, the net profits generated from this service are donated to local charities. In essence, Lake Crystal Grace is not just a recycling center, but a philanthropic entity that contributes to the betterment of its community by supporting local charitable causes.
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Impact
October, 2024
Lake Crystal G R A C E significantly impacts the community by offering a recycling service for clothing and housewares, fostering a culture of reuse and sustainability. This initiative not only helps reduce waste but also provides residents with an accessible way to declutter and donate items they no longer need. The net proceeds generated from this recycling service are channeled into local charities, amplifying the benefits to the community. This creates a cycle of support, as contributions to local charities can enhance services, programs, and resources available to residents in Lake Crystal, MN. By addressing both environmental and social needs, Lake Crystal G R A C E plays a vital role in promoting community welfare and sustainability.
This information is meant to be a general summary of Lake Crystal G R A C E. 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: $6,336
- Gross Receipts: $163,586
Assets and Liabilities:
- Total Assets: $18,315
- Total Liabilities: $0
- Net Assets: $18,315
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Organization Details
Phone
(507) 726-6881Principal Officer
Calvin Thate
Main Address
PO BOX 516 101 S MAIN, LAKE CRYSTAL, MN, 56055
NTEE Category
Code: P29 - Human services
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