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Nearly New Thrift Shop Of The Morse Geriatric Center Inc

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

EIN: 592533256 ✦ West palm beach, FL ✦ Designated as a 501(c)(3)

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Overview

What is Nearly New Thrift Shop Of The Morse Geriatric Center Inc?

Nearly New Thrift Shop of the Morse Geriatric Center Inc is a nonprofit organization situated in West Palm Beach, Florida. Their primary mission is to raise funds for related 501(C)(3) organizations. They achieve this by operating a thrift shop where they sell used items, generating profits that are then distributed to these affiliated organizations. In the recent fiscal year, they served approximately 15,006 customers.


Official website here: www.morselife.org

Is Nearly New Thrift Shop Of The Morse Geriatric Center Inc legitimate?

Nearly New Thrift Shop Of The Morse Geriatric Center Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nearly New Thrift Shop Of The Morse Geriatric Center 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: $169,414

For more financial information, click here


Official website here: www.morselife.org

What is the mission statement of Nearly New Thrift Shop Of The Morse Geriatric Center Inc?

The Nearly New Thrift Shop of the Morse Geriatric Center Inc. is committed to raising funds for related 501(C)(3) organizations. This is achieved through the operation of a thrift shop, where used items are sold for profit. The profits generated from these sales are then distributed to these affiliated organizations. During the fiscal year, the thrift shop served approximately 15,006 customers. In essence, the shop functions as a means to support the charitable endeavors of these associated organizations.


Official website here: www.morselife.org

Who is the CEO of Nearly New Thrift Shop Of The Morse Geriatric Center Inc?

Keith A Myers is the CEO of Nearly New Thrift Shop Of The Morse Geriatric Center Inc The CEO's salary of Nearly New Thrift Shop Of The Morse Geriatric Center Inc is $0 and their total compensation is $0.


Official website here: www.morselife.org

What is the revenue of Nearly New Thrift Shop Of The Morse Geriatric Center Inc?

Nearly New Thrift Shop Of The Morse Geriatric Center Inc's revenue in 2024 was $816,334.


Official website here: www.morselife.org

Who are the executives of Nearly New Thrift Shop Of The Morse Geriatric Center Inc and what are their salaries?

There 9 volunteers at Nearly New Thrift Shop Of The Morse Geriatric Center Inc.

Here are 2 key members and their salaries (Nearly New Thrift Shop Of The Morse Geriatric Center Inc's CEO's salary is $0 and their total compensation is $0):


Keith A Myers (President & Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Wolan (Cfo)
  • Compensation: $0
  • Related: $171,042
  • Other: $6,461


Official website here: www.morselife.org

Where can I find the form 990 for Nearly New Thrift Shop Of The Morse Geriatric Center Inc?

Nearly New Thrift Shop Of The Morse Geriatric Center Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.morselife.org

Learn more at the official website: www.morselife.org

Mission Statement of Nearly New Thrift Shop Of The Morse Geriatric Center Inc

Nearly New Thrift Shop of the Morse Geriatric Center Inc is dedicated to raising funds for related 501(c)(3) organizations. This mission-driven organization operates as a thrift store, accepting and selling used items to generate profits. These profits are then distributed to other qualified nonprofit organizations, contributing to their causes and initiatives. During the fiscal year, Nearly New Thrift Shop served approximately 15,006 customers, showcasing the community's support for this noble cause. By purchasing used items from this thrift shop, individuals can contribute to the betterment of various nonprofit organizations, making a difference in various aspects of society.

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Impact




October, 2024

Nearly New Thrift Shop of the Morse Geriatric Center Inc significantly impacts the West Palm Beach community by providing a vital resource for affordable goods while generating essential funding for various charitable organizations. By receiving and reselling used items, the thrift shop not only contributes to sustainability through recycling and reusing goods but also engages the community, attracting approximately 15,006 customers during the fiscal year. The profits from the sales are redirected to support related 501(c)(3) organizations, enhancing human services and addressing various needs within the community. This dual focus on both providing affordable shopping options and supporting local charitable initiatives fosters a sense of community cohesion and shared purpose.




This information is meant to be a general summary of Nearly New Thrift Shop Of The Morse Geriatric Center 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.

Revenue
$816,334 (2024)
Expenses
$505,704 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $32,513
  • Gross Receipts: $1,600,155

Assets and Liabilities:

  • Total Assets: $2,323,005
  • Total Liabilities: $818,073
  • Net Assets: $1,504,932

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Organization Details

Founding Year

1987

Principal Officer

Keith A Myers

NTEE Category

Code: P29Z - Human services

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