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Unfinished Business Inc

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

EIN: 462138678 ✦ Rehoboth beach, DE ✦ Designated as a 501(c)(3)

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Overview

What is Unfinished Business Inc?

Unfinished Business Inc, headed by Alexandria Maloy, is a distinctive thrift store located in Rehoboth Beach, DE. The organization operates on a unique model, where the donations received annually are channeled towards various pre-selected non-profit organizations. In return, these organizations encourage their members to volunteer and contribute additional items for resale. By doing so, Unfinished Business Inc provides a platform for these non-profits to generate funds and gain community support.


Official website here: www.ubthrifting.org

Is Unfinished Business Inc legitimate?

Unfinished Business Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Unfinished Business Inc 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.


Official website here: www.ubthrifting.org

What is the mission statement of Unfinished Business Inc?

Unfinished Business Inc, as a traditional thrift store with a distinctive approach, donates collected items to pre-selected not-for-profit organizations annually. In return, these organizations mobilize their members to contribute voluntary work and merchandise for sale. The mission of Unfinished Business Inc is to leverage this unique model to support various charitable causes by distributing donations to these organizations. By doing so, the store fosters a sense of community involvement and mutual support among its partners.


Official website here: www.ubthrifting.org

Who is the CEO of Unfinished Business Inc?

Alexandria Maloy is the President of Unfinished Business Inc.


Official website here: www.ubthrifting.org

What is the revenue of Unfinished Business Inc?

Unfinished Business Inc's revenue in 2022 was $160,047.


Official website here: www.ubthrifting.org

Who are the executives of Unfinished Business Inc and what are their salaries?


Here are 2 key members and their salaries:


Alexandria Maloy (President)
  • Compensation: $44,200
  • Related: $0
  • Other: $0
Patrick Maloy (Vice Preside)
  • Compensation: $10,800
  • Related: $0
  • Other: $0


Official website here: www.ubthrifting.org

Where can I find the form 990EZ for Unfinished Business Inc?

Unfinished Business Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.


Official website here: www.ubthrifting.org

Learn more at the official website: www.ubthrifting.org

Mission Statement of Unfinished Business Inc

Unfinished Business Inc, spearheaded by Lynne Z Maloy MBR, operates as a distinctive thrift store with a noble mission. This organization engages in traditional thrift store activities, but with a unique twist. Each year, a pre-selected group of not-for-profit organizations is granted donations from Unfinished Business Inc. In return, these organizations encourage their members to volunteer and contribute items to sell within the store. The operation of Unfinished Business Inc is overseen by Alexandria Maloy, who has established the store in Rehoboth Beach, DE. This innovative model allows Unfinished Business Inc to support various charitable organizations while simultaneously providing a platform for these organizations to engage with their members and raise funds.

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Impact




October, 2024

Unfinished Business Inc has established a significant impact in the Rehoboth Beach community by integrating philanthropic efforts with traditional thrift store operations. By partnering with pre-determined nonprofit organizations, the store creates a symbiotic relationship where donations flow into the organization and in return, the organizations engage their members for volunteer work and additional donations.

This unique model not only provides a sustainable funding source for local nonprofits but also fosters community involvement and a spirit of collaboration among various groups. Volunteers gain valuable experience and contribute to their communities, while shoppers at the store can find quality items while knowing their purchases help support meaningful causes.

The activities at Unfinished Business Inc promote not only economic benefits through recycled goods but also enhance social cohesion and awareness around the missions of the partner organizations. This interconnectedness cultivates a community where giving and cooperation thrive, amplifying the positive effects of their collective efforts on human services.




This information is meant to be a general summary of Unfinished Business 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
$160,047 (2022)
Expenses
$137,872 (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: $143,797
  • Gross Receipts: $160,047

Assets and Liabilities:

  • Total Assets: $26,090
  • Total Liabilities: $0
  • Net Assets: $26,090

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Organization Details

Principal Officer

Alexandria Maloy

Main Address

18389 OLDE COACH DRIVE, REHOBOTH BEACH, DE, 19971

NTEE Category

Code: P29 - Human services

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