Overview
What is Brixy Inc?
Brixy Inc is a trade association that brings together independently owned brick-and-mortar stores specializing in juvenile products. Its primary objective is to grant these retailers the leverage needed to interact effectively with manufacturers. Brixy accomplishes this through negotiating discounts with key industry manufacturers for its members, leading to around 80 companies offering such reductions. Approximately 80% of Brixy's members actively participate in at least one discount program, benefiting from these cost savings. Overall, Brixy Inc serves its members by providing valuable discount opportunities.
Official website here: www.brixy.com
Is Brixy Inc legitimate?
Brixy Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Brixy 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: $139,009
Professional Fundraising Fees: $0
Other Salaries and Wages: $108,256
For more financial information, click here
Official website here: www.brixy.com
What is the mission statement of Brixy Inc?
Brixy Inc serves as a trade association, specifically catering to independently owned brick-and-mortar stores specializing in juvenile products. Its mission is to provide these retailers with the necessary scale to engage in advantageous negotiations with manufacturers. By doing so, Brixy secures discounts from key manufacturers, which are then passed on to its approximately 80% participating members. This organization's primary objective is to support and empower its members by offering valuable discount opportunities.
Official website here: www.brixy.com
Who is the CEO of Brixy Inc?
Mark Simon is the President of Brixy Inc.
Official website here: www.brixy.com
What is the revenue of Brixy Inc?
Brixy Inc's revenue in 2022 was $676,919.
Official website here: www.brixy.com
Who are the executives of Brixy Inc and what are their salaries?
The average compensation at Brixy Inc during 2022 was $49,453. There are 5 employees and 7 volunteers at Brixy Inc.
Here are 8 key members and their salaries:
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- Compensation: $132,808
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- Other: $6,201
Official website here: www.brixy.com
Where can I find the form 990 for Brixy Inc?
Brixy Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.brixy.com
Learn more at the official website: www.brixy.com
Mission Statement of Brixy Inc
Brixy Inc, a trade association, is devoted to uniting independently owned brick-and-mortar stores specializing in juvenile products. Its primary mission is to grant these retailers the collective bargaining power required to secure discounts from major manufacturers. By bringing together numerous retailers under its umbrella, Brixy Inc is able to negotiate favorable discounts with approximately 80 manufacturers, benefiting its approximately 80% participating member base. This organization's efforts effectively empower its members by providing them with valuable savings, enabling them to remain competitive within the juvenile industry.
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Impact
October, 2024
Brixy Inc significantly impacts independently owned brick-and-mortar stores in the juvenile industry by fostering collaboration and enhancing purchasing power. By uniting these retailers, Brixy enables them to collectively negotiate with approximately 80 key manufacturers, securing valuable discounts that might be unattainable individually. This collaborative approach allows around 80% of members to participate in at least one discount program, strengthening their competitiveness in the market.
The discounts offered through Brixy's negotiation efforts not only reduce operational costs for member stores but also enhance their profitability, enabling them to invest more into their businesses and the communities they serve. By providing a platform for independent retailers to unite, share resources, and access significant savings, Brixy plays a vital role in supporting the sustainability and growth of local businesses in the juvenile sector. This mutual benefit fosters a resilient network of retailers, ultimately enriching the overall retail landscape in their communities.
This information is meant to be a general summary of Brixy 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: $117
- Program Service Revenue: $47,151
- Gross Receipts: $2,262,806
Assets and Liabilities:
- Total Assets: $1,067,075
- Total Liabilities: $334,140
- Net Assets: $732,935
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REBATES
Revenue
$47,151
Organization Details
Founding Year
2013
Phone
(585) 704-6717Principal Officer
Mark Simon
Main Address
3349 MONROE AVE 201, ROCHESTER, NY, 14618
Website
www.brixy.comNTEE Category
Code: Y03 - Mutual benefit
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