Overview
What is Cape Cancer Thrift Shop Inc?
Cape Cancer Thrift Shop Inc is a nonprofit organization situated in Sandwich, Massachusetts, with an address at 124 Route 6A, 02563. Their primary mission is to operate a volunteer-run thrift shop, selling previously owned items to generate revenue. The profits, after covering operational expenses, are then donated to charitable organizations dedicated to cancer research and supporting cancer patients' wellness. The shop's growth in 2022 led to a significant revenue increase of $140,920, enabling donations to various cancer-focused charities. Notably, $66,000 was given to the Dana Farber Cancer Institute, and $24,000 was donated to Cape Wellness Collaborative. The organization remains committed to its mission, continuing to contribute to the fight against cancer by distributing funds to related charities.
Is Cape Cancer Thrift Shop Inc legitimate?
Cape Cancer Thrift Shop Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cape Cancer Thrift Shop 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: $0
For more financial information, click here
What is the mission statement of Cape Cancer Thrift Shop Inc?
Cape Cancer Thrift Shop Inc's mission is centered around operating a thrift shop and channeling the net earnings towards cancer research and charities dedicated to improving the lives of cancer patients. By selling donated pre-owned items in a shop run by volunteers, they aim to generate funds for these noble causes. In 2022, the shop's revenue exceeded the previous year's figure, enabling them to increase their donations. A significant portion of these donations went to Dana Farber Cancer Institute and Cape Wellness Collaborative, two organizations working diligently in the field of cancer research and patient wellness. Consequently, the thrift shop continues to fulfill its mission of contributing to cancer research and supporting charities focused on cancer patients.
Who is the CEO of Cape Cancer Thrift Shop Inc?
Ellen Poluzzi is the President & Director of Cape Cancer Thrift Shop Inc.
What is the revenue of Cape Cancer Thrift Shop Inc?
Cape Cancer Thrift Shop Inc's revenue in 2022 was $143,480.
Who are the executives of Cape Cancer Thrift Shop Inc and what are their salaries?
There 15 volunteers at Cape Cancer Thrift Shop Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Cape Cancer Thrift Shop Inc?
Cape Cancer Thrift Shop Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Cape Cancer Thrift Shop Inc
Cape Cancer Thrift Shop Inc, as its name suggests, is dedicated to running a thrift shop with a noble purpose. This nonprofit organization strives to donate the earnings from the sales, after accounting for operating expenses, to charitable organizations focusing on cancer research and the well-being of cancer patients. In 2022, the shop witnessed an increase in sales, allowing it to contribute significantly to various cancer-related charities. Among these beneficiaries, Dana Farber Cancer Institute and Cape Wellness Collaborative received substantial donations of $66,000 and $24,000, respectively. By fulfilling its mission, Cape Cancer Thrift Shop Inc continues to make a tangible impact in the fight against cancer.
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Impact
October, 2024
Cape Cancer Thrift Shop Inc significantly impacts both local and broader communities by funding vital cancer research and wellness initiatives. By operating a thrift shop that accepts and sells previously-owned items, the organization creates a sustainable revenue model that directly benefits cancer-related charities. In 2022, the thrift shop's service revenue reached $140,920, allowing for substantial donations totaling $90,000. Key recipients included the Dana Farber Cancer Institute, which received $66,000, and the Cape Wellness Collaborative, which received $24,000.
The growth of the thrift shop not only helps to raise funds but also fosters community involvement through volunteer opportunities. By engaging local residents in the process of donating and purchasing items, Cape Cancer Thrift Shop Inc strengthens community ties while raising awareness about cancer research and wellness. Their commitment to donating net profits ensures that resources are directed to essential initiatives that support cancer patients and advance research efforts, ultimately making a meaningful difference in the fight against cancer.
This information is meant to be a general summary of Cape Cancer Thrift Shop 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: $14
- Program Service Revenue: $140,906
- Gross Receipts: $143,480
Assets and Liabilities:
- Total Assets: $29,697
- Total Liabilities: -$3,740
- Net Assets: $33,437
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Sales of pre owned items
Organization Details
Founding Year
2009
Phone
(508) 375-0070Principal Officer
Ellen Poluzzi
Main Address
124 Route 6A, Sandwich, MA, 02563
NTEE Category
Code: P29 - Human services
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