Overview
What is Reclaimed Resale Inc?
Reclaimed Resale Inc, located in Metamora, Illinois, is a nonprofit organization that operates a thrift store. Their primary mission is to accept donated goods and transform them into proceeds and gifts, enriching the lives of their students, families, and local charities. By selling the donated items, they generate funds that are then distributed to various beneficiaries. With a team of five dedicated individuals, Reclaimed Resale Inc plays a significant role in the community, contributing to the welfare of students, families, and local charities.
Is Reclaimed Resale Inc legitimate?
Reclaimed Resale Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reclaimed Resale 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: $6,068
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What is the mission statement of Reclaimed Resale Inc?
Reclaimed Resale Inc's mission is centered around accepting donated items and transforming them into proceeds and gifts. This mission aims to enhance the quality of life for students, families, and local charities. The operation of their thrift store leads to donations and grants being distributed to these respective groups. By doing so, Reclaimed Resale Inc contributes to the betterment of their community, providing support where it's needed most.
Who is the CEO of Reclaimed Resale Inc?
Frank Gutwein is the President of Reclaimed Resale Inc.
What is the revenue of Reclaimed Resale Inc?
Reclaimed Resale Inc's revenue in 2022 was $424,504.
Who are the executives of Reclaimed Resale Inc and what are their salaries?
The average compensation at Reclaimed Resale Inc during 2022 was $1,214. There are 5 employees and 20 volunteers at Reclaimed Resale Inc.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Reclaimed Resale Inc?
Reclaimed Resale Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Reclaimed Resale Inc
Reclaimed Resale Inc, a nonprofit organization, is committed to its mission of accepting donated goods and transforming them into proceeds and gifts that significantly enhance the quality of life for students, families, and local charities. By operating a thrift store, Reclaimed Resale Inc manages to generate donations and grants that directly benefit various groups in need. The nonprofit's mission is not just about selling secondhand items; it's about using these resources to make a tangible impact on the lives of its community. By doing so, Reclaimed Resale Inc contributes to the betterment of its community, providing essential support to those who need it most.
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Impact
October, 2024
Reclaimed Resale Inc significantly impacts the Metamora community by transforming donated goods into vital resources that enhance the quality of life for students, families, and local charities. Through its operation of a thrift store, the organization effectively channels the proceeds from sales into meaningful donations and grants, addressing various needs within the community.
By accepting and selling donated items, Reclaimed Resale Inc not only promotes sustainability and reduces waste but also fosters a spirit of generosity and support. The financial contributions generated from these efforts are directed towards initiatives that benefit local students, families, and charitable organizations, creating a ripple effect of positive change. This approach not only empowers individuals and families in need but also strengthens community ties and encourages collective participation in uplifting those who require assistance. The work of Reclaimed Resale Inc exemplifies the profound impact that a community-centric initiative can have on enhancing lives and fostering goodwill.
This information is meant to be a general summary of Reclaimed Resale 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: $64
- Program Service Revenue: $385,032
- Gross Receipts: $424,504
Assets and Liabilities:
- Total Assets: $654,513
- Total Liabilities: $67,656
- Net Assets: $586,857
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
THRIFT STORE
Revenue
$385,032
Organization Details
Founding Year
2014
Principal Officer
Frank Gutwein
Main Address
407 E MT VERNON PO BOX 731, METAMORA, IL, 61548
NTEE Category
Code: P29 - Human services
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