Overview
What is Matthew 25 Thrift Shop?
Matthew 25 Thrift Shop is a nonprofit corporation situated in Lititz, Pennsylvania, with an address at 48 E Main St. Their primary mission is to provide support to needy individuals and organizations by running a retail business that sells used clothing and various miscellaneous items. The excess revenues generated after covering expenses are utilized to address emergency needs, with the remaining funds being distributed to charitable and social service organizations. The shop operates with the aim of positively impacting the community by contributing to essential aid requests.
Is Matthew 25 Thrift Shop legitimate?
Matthew 25 Thrift Shop is a legitimate nonprofit organization registered as a 501(c)(3) entity. Matthew 25 Thrift Shop 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: $28,871
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,270
For more financial information, click here
What is the mission statement of Matthew 25 Thrift Shop?
Matthew 25 Thrift Shop is a non-profit organization dedicated to assisting in the funding of emergency needs for individuals and charitable organizations. The shop operates on a retail business model, selling used clothing and miscellaneous items. After covering its expenses, the organization distributes any excess funds to various charitable and social service organizations, thereby providing vital aid and support. The mission of Matthew 25 Thrift Shop is to contribute to the betterment of the community by channeling its earnings towards addressing critical needs and supporting deserving causes.
Who is the CEO of Matthew 25 Thrift Shop?
Connie Shertzer is the Store Managertreasurerboard of Matthew 25 Thrift Shop.
What is the revenue of Matthew 25 Thrift Shop?
Matthew 25 Thrift Shop's revenue in 2022 was $361,147.
Who are the executives of Matthew 25 Thrift Shop and what are their salaries?
There 47 volunteers at Matthew 25 Thrift Shop.
Here are 10 key members and their salaries:
- Compensation: $28,871
- Related: $0
- Other: $0
- Compensation: $4,090
- Related: $0
- Other: $0
- Compensation: $3,810
- Related: $0
- Other: $0
- Compensation: $3,740
- Related: $0
- Other: $0
- Compensation: $3,615
- Related: $0
- Other: $0
- Compensation: $1,130
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Matthew 25 Thrift Shop?
Matthew 25 Thrift Shop's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Matthew 25 Thrift Shop
Matthew 25 Thrift Shop, a non-profit corporation, is committed to a noble mission. Its primary aim is to provide financial assistance for emergency needs. The organization achieves this by selling second-hand clothing and miscellaneous items through a retail business. The excess revenue generated after covering expenses is then distributed to charitable and social service organizations. In essence, Matthew 25 Thrift Shop serves as a bridge, channeling resources to those in need, thereby contributing to the betterment of their lives.
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Impact
October, 2024
Matthew 25 Thrift Shop plays a crucial role in addressing emergency needs within the community. By selling used clothing and various miscellaneous items, the shop generates funds that directly support those facing hardships. The surplus revenue, after covering operational expenses, is allocated to assist individuals and families in crisis situations, effectively providing immediate relief.
The shop's impact extends beyond financial support; it acts as a vital resource for local charities and social service organizations. Through partnerships with these entities, Matthew 25 Thrift Shop ensures that the aid provided is directed to those who need it most. This collaborative approach amplifies the positive effects, enabling a broader reach of assistance to vulnerable populations.
Located in Lititz, PA, the thrift shop not only encourages sustainable practices through the recycling of goods but also fosters a sense of community involvement. Shoppers become part of a cycle of giving, knowing that their purchases contribute to meaningful aid efforts in the region. Overall, the impact of Matthew 25 Thrift Shop resonates through its commitment to alleviating emergency needs and supporting charitable initiatives.
This information is meant to be a general summary of Matthew 25 Thrift Shop. 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.
- Gross Receipts: $361,147
Assets and Liabilities:
- Total Assets: $53,137
- Total Liabilities: $0
- Net Assets: $53,137
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Organization Details
Founding Year
2007
Principal Officer
Connie Shertzer
Main Address
48 E MAIN ST, Lititz, PA, 17543
NTEE Category
Code: P29 - Human services
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