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Community Thrift & Treasure Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 453117214 ✦ Glenwood springs, CO ✦ Designated as a 501(c)(3)

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Overview

What is Community Thrift & Treasure Inc?

Community Thrift & Treasure Inc is a nonprofit organization located in Glenwood Springs, Colorado, with an address at 2518 S Glen Avenue. Their mission revolves around fostering community interaction and promoting sustainable and responsible living solutions. A key aspect of their mission is the operation of thrift stores, which aligns with the broader "reuse" initiative of their sustainability program. The organization aims to make a positive impact on the community by raising awareness about the importance of responsible living practices and contributing to a more sustainable future. The team consists of 11 employees, working together to fulfill their mission.


Official website here: www.communitythriftglenwood.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83% (Three-Star out of Four Stars)

Community Thrift & Treasure Inc has earned an 83% rating from Charity Navigator, reflecting a solid performance in accountability and finance. The organization demonstrates strong governance with a fully independent board, and its finances are well-managed, as indicated by a low liabilities to assets ratio and a high program expense ratio of over 95%. This suggests that the majority of its funding is directed towards its charitable programs.

However, while the charity excels in many areas, there are notable gaps in its policies. The absence of a whistleblower policy and a document retention and destruction policy has been flagged, which may raise concerns about transparency and accountability in certain situations. Addressing these issues could enhance the organization's overall governance framework.

Overall, Community Thrift & Treasure Inc shows a commitment to fiscal responsibility and effective program implementation. While there are some areas for improvement in its governance policies, its strong financial standing and independent oversight are commendable attributes.


This AI summary has been generated from information found on Charity Navigator.

Is Community Thrift & Treasure Inc legitimate?

Community Thrift & Treasure Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Thrift & Treasure 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: $59,574
Professional Fundraising Fees: $0
Other Salaries and Wages: $38,633

For more financial information, click here


Official website here: www.communitythriftglenwood.com

What is the mission statement of Community Thrift & Treasure Inc?

Community Thrift & Treasure Inc's mission is geared towards fostering community engagement and promoting the concept of sustainable and responsible living. This is achieved by creating awareness and operating thrift stores as part of their sustainability program, which encourages reuse. The organization's primary objective is to stimulate community interaction, with a focus on eco-friendly living solutions.


Official website here: www.communitythriftglenwood.com

Who is the CEO of Community Thrift & Treasure Inc?

Kimberly Cabeceiras is the Executive Dir. of Community Thrift & Treasure Inc.


Official website here: www.communitythriftglenwood.com

What is the revenue of Community Thrift & Treasure Inc?

Community Thrift & Treasure Inc's revenue in 2022 was $413,467.


Official website here: www.communitythriftglenwood.com

Who are the executives of Community Thrift & Treasure Inc and what are their salaries?

The average compensation at Community Thrift & Treasure Inc during 2022 was $8,928. There are 11 employees and 24 volunteers at Community Thrift & Treasure Inc.


Here are 5 key members and their salaries:


Kimberly Cabeceiras (Executive Dir.)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hannah Pratt (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzanne Young (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harlin Akin (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kent Jones (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.communitythriftglenwood.com

Where can I find the form 990 for Community Thrift & Treasure Inc?

Community Thrift & Treasure Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.communitythriftglenwood.com

Learn more at the official website: www.communitythriftglenwood.com

Mission Statement of Community Thrift & Treasure Inc

Community Thrift & Treasure Inc, a non-profit organization, is dedicated to fostering community engagement and promoting the concept of sustainable and responsible living. At the heart of their mission lies the operation of thrift stores, which serves as a key part of their sustainability program, aiming to create a reuse initiative. By doing so, they aim to raise awareness about responsible living solutions and encourage the community to participate in these practices.

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Impact




June, 2024

Community Thrift & Treasure Inc creates a positive impact by promoting sustainable and responsible living solutions through the operation of thrift stores. Their efforts encourage community interaction and awareness of sustainable practices, contributing to environmental conservation and fostering a culture of reuse.




This information is meant to be a general summary of Community Thrift & Treasure 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.

Revenue
$413,467 (2022)
Expenses
$391,529 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $413,467
  • Gross Receipts: $413,467

Assets and Liabilities:

  • Total Assets: $297,945
  • Total Liabilities: $7,873
  • Net Assets: $290,072

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Thriftstore

Revenue

$413,467

Organization Details

Founding Year

2011

Principal Officer

Kimberly Cabeceiras

Main Address

2518 S Glen Avenue, Glenwood Springs, CO, 81601

NTEE Category

Code: C60 - Environment

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