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Second Source Thrift Store

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

EIN: 621419841 ✦ Jefferson city, TN ✦ Designated as a 501(c)(3)

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Overview

What is Second Source Thrift Store?

Second Source Thrift Store is a nonprofit organization situated in Jefferson City, Tennessee. The primary objective of this organization is to provide relief to the local community by offering donated goods, such as clothing and furniture, at affordable prices to customers. Alongside this, Second Source Thrift Store also contributes financially to other poverty relief ministries. With a team of 24 dedicated individuals, the store's mission is to contribute positively to the well-being of residents in the Jefferson City area, alleviating some of the challenges associated with poverty.

Is Second Source Thrift Store legitimate?

Second Source Thrift Store is a legitimate nonprofit organization registered as a 501(c)(3) entity. Second Source Thrift Store 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: $347,118

For more financial information, click here

What is the mission statement of Second Source Thrift Store?

The Second Source Thrift Store's mission is centered around providing relief to the community by offering donated goods, such as clothing and furniture, to customers at affordable prices. Additionally, the store extends its support to other poverty relief ministries through financial contributions. In essence, its purpose is to make a positive impact on the lives of those in need by offering affordable goods and contributing to the cause of poverty alleviation.

Who is the CEO of Second Source Thrift Store?

Dan Odonivan is the Vice President of Second Source Thrift Store.

What is the revenue of Second Source Thrift Store?

Second Source Thrift Store's revenue in 2022 was $597,615.

Who are the executives of Second Source Thrift Store and what are their salaries?

The average compensation at Second Source Thrift Store during 2022 was $14,463. There are 24 employees and 24 volunteers at Second Source Thrift Store.


Here are 8 key members and their salaries:


Lisa Williams (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Phil Kindred (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald C Measels (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary E Darby (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Odonivan (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean Ann Washam (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary P Hensley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Melton (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Second Source Thrift Store?

Second Source Thrift Store's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Second Source Thrift Store

Second Source Thrift Store, a nonprofit organization, alleviates the struggles of residents in the Jefferson City area by offering donated goods, such as clothes and furniture, at affordable prices. Beyond this, the thrift store extends its aid by financially supporting other organizations working towards poverty relief. By doing so, Second Source Thrift Store plays a significant role in providing relief efforts within its community.

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Impact




July, 2024

Second Source Thrift Store's impact is significant in providing relief to residents of the Jefferson City, TN area by making donated goods such as clothes and furniture available to customers at affordable prices. Additionally, the thrift store contributes financial support to other poverty relief ministries in the community. This dual approach not only helps individuals and families access essential items at reduced costs but also supports the broader effort to alleviate poverty in the region. The store's operation plays a crucial role in promoting economic security and well-being for those facing financial challenges in the community.




This information is meant to be a general summary of Second Source Thrift Store. 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
$597,615 (2022)
Expenses
$531,550 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Gross Receipts: $597,615

Assets and Liabilities:

  • Total Assets: $1,125,888
  • Total Liabilities: $0
  • Net Assets: $1,125,888

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Organization Details

Founding Year

2004

Principal Officer

Dan Odonivan

Main Address

PO BOX 197, JEFFERSON CITY, TN, 37760

NTEE Category

Code: P99 - Human services

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