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Princeton Nearly New Shop Corp

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

EIN: 472449647 ✦ Princeton, NJ ✦ Designated as a 501(c)(3)

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Overview

What is Princeton Nearly New Shop Corp?

Princeton Nearly New Shop Corp is a charitable organization situated in Princeton, New Jersey. Their primary operation involves managing a store that sells second-hand merchandise, with a focus on consignment programs. These consignment programs are supported by various human service organizations within the area. The organization's mission is to contribute to the community through this charitable used merchandise store, providing a platform for human service organizations.

Is Princeton Nearly New Shop Corp legitimate?

Princeton Nearly New Shop Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Princeton Nearly New Shop 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: $62,322
Professional Fundraising Fees: $0
Other Salaries and Wages: $50,927

For more financial information, click here

What is the mission statement of Princeton Nearly New Shop Corp?

The Princeton Nearly New Shop Corp serves as a charitable used merchandise store, fostering consignment programs under the supervision of various human service organizations. Its mission is to function as a platform, promoting the reuse of items while supporting the objectives of these human service organizations. The corporation's activities primarily revolve around facilitating the sale of pre-owned items, with the revenue generated contributing to the humanitarian initiatives of associated organizations.

Who is the CEO of Princeton Nearly New Shop Corp?

Toni A Maher is the Trustee of Princeton Nearly New Shop Corp.

What is the revenue of Princeton Nearly New Shop Corp?

Princeton Nearly New Shop Corp's revenue in 2022 was $241,472.

Who are the executives of Princeton Nearly New Shop Corp and what are their salaries?

The average compensation at Princeton Nearly New Shop Corp during 2022 was $18,875. There are 6 employees and 2 volunteers at Princeton Nearly New Shop Corp.


There is 1 key member and their salary:


Toni A Maher (Trustee)
  • Compensation: $62,322
  • Related: $0
  • Other: $0
Where can I find the form 990 for Princeton Nearly New Shop Corp?

Princeton Nearly New Shop Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Princeton Nearly New Shop Corp

Princeton Nearly New Shop Corp, as a charitable entity, operates a used merchandise store. This organization serves as a platform for human service organizations in Princeton, New Jersey, facilitating consignment programs under its umbrella. Its mission is to contribute to the community by providing a space where people can donate and purchase second-hand items, with the proceeds benefiting various human service organizations. By doing so, Princeton Nearly New Shop Corp plays a crucial role in supporting these organizations and the broader community they serve.

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Impact




October, 2024

Princeton Nearly New Shop Corp significantly impacts the local community by providing access to affordable used merchandise while supporting various human service organizations in the Princeton, NJ area. By facilitating consignment programs, the shop generates revenue that contributes to essential services and programs, helping to uplift individuals and families in need.

The store not only promotes sustainability through the resale of gently used items but also fosters a sense of community by creating a space where residents can donate, shop, and engage with one another. This interaction contributes to a shared sense of responsibility and support among community members.

In addition, the shop plays a crucial role in raising awareness about social issues and the importance of giving back, encouraging a culture of philanthropy throughout the region. By bridging the gap between surplus goods and those in need, Princeton Nearly New Shop Corp effectively enhances the quality of life for many while fostering a spirit of generosity and community involvement.




This information is meant to be a general summary of Princeton Nearly New Shop 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.

Revenue
$241,472 (2022)
Expenses
$267,382 (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: $241,472
  • Gross Receipts: $241,472

Assets and Liabilities:

  • Total Assets: $16,081
  • Total Liabilities: $0
  • Net Assets: $16,081

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

INCOME

Revenue

$241,472

Organization Details

Founding Year

2014

Principal Officer

Toni A Maher

Main Address

234 NASSAU STREET, PRINCETON, NJ, 08542

NTEE Category

Code: P29 - Human services

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