Overview
What is Resources Exchange Association?
The Resources Exchange Association, based in Burlington, NC, functions as a consultancy for surplus inventory donations. Its primary objective is to connect organizations classified as 501(c)(3) with these donated resources. By serving as a bridge between surplus inventory providers and eligible nonprofits, the association aims to contribute to their operations and support their missions.
Official website here: www.resourcesexchangeassociation.org
Is Resources Exchange Association legitimate?
Resources Exchange Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Resources Exchange Association 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.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $771,917
For more financial information, click here
What is the mission statement of Resources Exchange Association?
The Resources Exchange Association serves as a conduit for surplus inventory donations, channeling them to eligible 501(c)(3) organizations. Its primary mission is to facilitate the redistribution of excess resources, thereby benefiting various charitable organizations. By acting as a bridge between donors and recipients, the association contributes to the enhancement of these organizations' capabilities and the services they provide to their respective communities.
Official website here: www.resourcesexchangeassociation.org
Who is the CEO of Resources Exchange Association?
C R Shepherd is the President of Resources Exchange Association.
Official website here: www.resourcesexchangeassociation.org
What is the revenue of Resources Exchange Association?
Resources Exchange Association's revenue in 2022 was $3,627,741.
Official website here: www.resourcesexchangeassociation.org
Who are the executives of Resources Exchange Association and what are their salaries?
The average compensation at Resources Exchange Association during 2022 was $26,618. There are 29 employees at Resources Exchange Association.
Here are 3 key members and their salaries:
- C R Shepherd (President) [Trustee/Director]
- Tim Shepherd (Senior Vp) [Trustee/Director]
- Susan Wright (Sec/Treasure) [Trustee/Director]
Official website here: www.resourcesexchangeassociation.org
Where can I find the form 990 for Resources Exchange Association?
The Resources Exchange Association’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.resourcesexchangeassociation.org
Learn more at the official website: www.resourcesexchangeassociation.org
Mission Statement of Resources Exchange Association
The Resources Exchange Association serves a unique role in the non-profit sector. As a consortium, its mission is to act as a conduit for surplus inventory donations and distribute them to eligible 501(c)(3) organizations. This organization plays a vital part in ensuring that resources that would otherwise go to waste can be repurposed and utilized by other non-profit organizations in need. By serving as a bridge between organizations with excess inventory and those in need, the Resources Exchange Association contributes to the overall efficiency and effectiveness of the non-profit sector. This mission allows for a more equitable distribution of resources, ultimately benefiting the communities that the recipient organizations serve.
Impact
This information is meant to be a general summary of Resources Exchange Association. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Resources Exchange Association's impact lies in facilitating the efficient distribution of surplus inventory donations to 501(c)(3) organizations. By serving as a conduit for these donations, the association helps connect surplus resources with nonprofits that can benefit from them. This process not only prevents wastage of valuable resources but also enables nonprofit organizations to fulfill their missions effectively without incurring unnecessary costs. The impact of the Resources Exchange Association extends beyond just the exchange of goods; it contributes to the overall sustainability and effectiveness of the nonprofit sector by fostering collaboration and resource-sharing among organizations.
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.
- Assets and Liabilities:
Organization Details
If you are a representative of Resources Exchange Association and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.