Overview
What is Veterans Thrift Non Profit Corp?
Veterans Thrift Non Profit Corp is a charitable organization situated in Lake Havasu City, Arizona, with a focus on supporting local veterans. The organization operates a thrift store, where it collects donated goods and sells them, with the proceeds being distributed to various veteran organizations in the town. Over the past five years, the organization has seen an increase of over 33% in its program services revenue, enabling it to expand its community presence as a reliable source of assistance for local veterans. With a team of four dedicated employees, Veterans Thrift Non Profit Corp continues to maintain its thrift store facility and contribute to the well-being of Lake Havasu City's veteran community.
Is Veterans Thrift Non Profit Corp legitimate?
Veterans Thrift Non Profit Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Veterans Thrift Non Profit Corp 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: $14,400
Professional Fundraising Fees: $0
Other Salaries and Wages: $42,226
For more financial information, click here
What is the mission statement of Veterans Thrift Non Profit Corp?
The Veterans Thrift Non-Profit Corporation is established with a mission to support veterans by collecting donated goods from the public and operating a thrift store. The primary objective is to generate funds through the sale of these donated items, which are then redistributed to various local veterans organizations. This non-profit entity continues to maintain its thrift store facility, expanding its collection and sales, thereby increasing the amount of funds available for distribution to the veterans' organizations. Since its inception, the organization has experienced significant growth, increasing its program services revenue by over 33% in the past 5 years, thereby enhancing its role as a viable source of support for local veterans organizations.
Who is the CEO of Veterans Thrift Non Profit Corp?
Roberta D Arreola is the President of Veterans Thrift Non Profit Corp.
What is the revenue of Veterans Thrift Non Profit Corp?
Veterans Thrift Non Profit Corp's revenue in 2022 was $223,277.
Who are the executives of Veterans Thrift Non Profit Corp and what are their salaries?
The average compensation at Veterans Thrift Non Profit Corp during 2022 was $14,156. There are 4 employees at Veterans Thrift Non Profit Corp.
Here are 4 key members and their salaries:
- Compensation: $14,400
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Veterans Thrift Non Profit Corp?
Veterans Thrift Non Profit Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Veterans Thrift Non Profit Corp
Veterans Thrift Non Profit Corp, a charitable organization, was established with a mission to support veterans in the local community of Lake Havasu City. This is achieved by collecting donated goods from the public and operating a thrift store. The sales proceeds generated from these donations are then redistributed to various local veterans' organizations in the city. By doing so, Veterans Thrift Non Profit Corp serves as a bridge, channeling funds to these organizations to aid them in their operations and missions.
Over the years, the organization has seen significant growth in its services and impact. It has increased its program services revenue by over 33% during the past five years, enabling it to expand its role as a reliable source of support to the local veterans' organizations. This growth has also allowed Veterans Thrift Non Profit Corp to strengthen its presence in the community, becoming a recognized and trusted entity that plays a vital role in assisting veterans in need.
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Impact
October, 2024
Veterans Thrift Non Profit Corp plays a vital role in supporting local veterans in Lake Havasu City, Arizona. By operating a thrift store, it collects donated goods from the community, turning these contributions into essential funds. The proceeds from sales are directed to various local veteran organizations, ensuring financial support reaches those who have served.
This entity not only provides a means for the community to contribute tangibly but also creates a sustainable model for funding veteran assistance programs. The impact extends beyond just financial aid; it fosters a sense of community and solidarity, reinforcing the notion that veterans are valued and supported. Through this initiative, Veterans Thrift Non Profit Corp is making a significant difference in the lives of local veterans, addressing their needs and enhancing their well-being.
This information is meant to be a general summary of Veterans Thrift Non Profit Corp. 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.
- Program Service Revenue: $194,457
- Gross Receipts: $223,277
Assets and Liabilities:
- Total Assets: $96,940
- Total Liabilities: $590
- Net Assets: $96,350
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
THRIFT SHOP SALES
Revenue
$194,457
Organization Details
Founding Year
2014
Principal Officer
Roberta D Arreola
Main Address
2130 PRICE DR, Lake Havasu City, AZ, 86404
NTEE Category
Code: P20 - Human services
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