Overview
What is The Princeton Closet Nfp?
The Princeton Closet Nfp, located in Princeton, Illinois, is a nonprofit organization dedicated to promoting charitable work within Bureau County. They achieve this by selling high-quality goods, and the revenue generated is then allocated to support various charitable organizations within the county. With a small team of seven employees, The Princeton Closet Nfp plays a significant role in the local community, contributing to numerous charitable causes.
Is The Princeton Closet Nfp legitimate?
The Princeton Closet Nfp is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Princeton Closet Nfp 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: $102,584
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What is the mission statement of The Princeton Closet Nfp?
The Princeton Closet Nfp, a nonprofit organization, is dedicated to offering high-quality merchandise for resale. The primary objective of this endeavor is to generate funds, which are then channeled towards supporting various charitable organizations in Bureau County. By selling quality goods, The Princeton Closet Nfp aims to contribute positively to the community, providing much-needed resources to organizations that work towards improving the lives of people in the area.
Who is the CEO of The Princeton Closet Nfp?
Joanne Kloepping is the Past President of The Princeton Closet Nfp.
What is the revenue of The Princeton Closet Nfp?
The Princeton Closet Nfp's revenue in 2022 was $406,969.
Who are the executives of The Princeton Closet Nfp and what are their salaries?
The average compensation at The Princeton Closet Nfp during 2022 was $14,655. There are 7 employees at The Princeton Closet Nfp.
Here are 8 key members and their salaries:
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Where can I find the form 990 for The Princeton Closet Nfp?
The Princeton Closet Nfp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of The Princeton Closet Nfp
The Princeton Closet NFP, as a nonprofit organization, is dedicated to providing quality items for resale. The primary aim of this endeavor is to generate funds, which are then channeled towards supporting various charitable causes within Bureau County. By selling second-hand goods, The Princeton Closet NFP contributes to the betterment of their local community, providing financial assistance to organizations in need. This mission of redistributing resources and fostering community development is a testament to The Princeton Closet NFP's commitment to making a meaningful impact in Bureau County.
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Impact
October, 2024
The Princeton Closet Nfp plays a significant role in enhancing the quality of life within Bureau County by offering quality goods for resale. This initiative not only promotes sustainable practices through the recycling of goods but also generates crucial funds that support various charitable organizations within the community.
By providing access to affordable items, it helps individuals and families in need while simultaneously fostering a sense of community. The funding generated from sales is directed towards supporting local charitable organizations, allowing them to continue their important work and expand their reach.
Through its operations, The Princeton Closet Nfp creates a ripple effect that benefits both the economy and social fabric of Princeton, IL. It empowers residents to contribute to local causes, whether by donating goods or shopping, thus strengthening community ties and promoting a culture of giving and support.
This information is meant to be a general summary of The Princeton Closet Nfp. 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.
- Investment Income: $218
- Gross Receipts: $406,969
Assets and Liabilities:
- Total Assets: $419,320
- Total Liabilities: $6,559
- Net Assets: $412,761
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Organization Details
Founding Year
2003
Phone
(815) 875-3145Principal Officer
Joanne Kloepping
Main Address
2026 NORTH MAIN STREET, PRINCETON, IL, 61356
NTEE Category
Code: P29 - Human services
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