Overview
What is The Wasteshed?
The Wasteshed is a nonprofit organization situated in Chicago, Illinois, specifically at 2842 West Chicago Avenue, 60622. Their primary mission is to offer Chicago residents an organized, affordable, and reliable source for repurposed art, craft, and school materials, as well as related activities. The Wasteshed accomplishes this by receiving donated goods and selling them to the general public. This nonprofit employs a team of 11 individuals, contributing to the community by making creative resources more accessible.
Official website here: www.thewasteshed.com
Is The Wasteshed legitimate?
The Wasteshed is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Wasteshed 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: $376,947
For more financial information, click here
Official website here: www.thewasteshed.com
What is the mission statement of The Wasteshed?
The organization known as The Wasteshed aims to provide a structured, cost-effective, and dependable resource for the public in Chicago, focusing on reused art materials, craft supplies, and educational resources. Their mission is to make these items readily available, promoting creativity and learning while reducing waste. The Wasteshed accomplishes this by accepting donated goods and selling them to the general public.
Official website here: www.thewasteshed.com
What is the revenue of The Wasteshed?
The Wasteshed's revenue in 2024 was $470,721.
Official website here: www.thewasteshed.com
Who are the executives of The Wasteshed and what are their salaries?
The average compensation at The Wasteshed during 2024 was $26,925. There are 14 employees and 275 volunteers at The Wasteshed.
Here are 9 key members and their salaries:
- Compensation: $54,180
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Compensation: $0
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- Compensation: $0
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- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.thewasteshed.com
Where can I find the form 990 for The Wasteshed?
The Wasteshed's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.thewasteshed.com
Learn more at the official website: www.thewasteshed.com
Mission Statement of The Wasteshed
The Wasteshed, a notable organization, aims to serve Chicago by offering an organized, affordable, and reliable resource for repurposed art, craft, and school materials, as well as related activities. By receiving donated goods and selling them to the general public, The Wasteshed seeks to provide Chicagoans with cost-effective alternatives for their creative pursuits, thereby promoting sustainability and reducing waste. This mission of The Wasteshed contributes to the community by providing a platform for creativity and education, making artistic materials more accessible to individuals and organizations in the city.
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Impact
October, 2024
The Wasteshed significantly impacts the Chicago community by providing an organized and reliable resource for re-purposed art, craft, and school materials. This initiative promotes sustainability by diverting materials from landfills, allowing individuals and organizations to access affordable resources for creative projects. By selling donated goods, The Wasteshed encourages a culture of creativity and resourcefulness, making artistic endeavors more accessible to all. Additionally, it fosters a sense of community by bringing together people who are passionate about arts and crafts, facilitating related activities that enrich local culture and education.
This information is meant to be a general summary of The Wasteshed. 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 2024.
- Investment Income: $4,745
- Program Service Revenue: $175,072
- Gross Receipts: $776,604
Assets and Liabilities:
- Total Assets: $370,620
- Total Liabilities: $268,463
- Net Assets: $102,157
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MATERIALS PROGRAM INC
Revenue
$170,484
EDUCATION PROGRAM INCOME
Revenue
$4,588
Organization Details
Founding Year
2014
Principal Officer
Eleanor Ray
Website
www.thewasteshed.comNTEE Category
Code: A40 - Arts
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