Overview
What is Veterans Community Thrift Store?
The Veterans Community Thrift Store, located in Hibbing, Minnesota (specifically at 2003 1st Ave), is a nonprofit organization dedicated to assisting veterans in need. By accepting donations of clothing, household goods, furniture, and miscellaneous items, they generate funds through sales. This revenue is then utilized to provide aid to veterans who are facing financial challenges. The organization, with a team of 27 employees, plays a significant role in the community, contributing to the well-being of veterans and demonstrating a strong commitment to their support.
Is Veterans Community Thrift Store legitimate?
Veterans Community Thrift Store is a legitimate nonprofit organization registered as a 501(c)(3) entity. Veterans Community 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: $192,627
For more financial information, click here
What is the mission statement of Veterans Community Thrift Store?
The Veterans Community Thrift Store's mission is centered around accepting donations of various items such as clothing, household goods, furniture, and bric-a-brac. The proceeds generated from the sales of these donated items are then utilized to offer assistance to veterans in need. This thrift store serves as a means to provide financial aid to those who have served their country, thereby demonstrating a strong commitment to supporting the veteran community.
Who is the CEO of Veterans Community Thrift Store?
Larry Pocrnich is the Chair of Veterans Community Thrift Store.
What is the revenue of Veterans Community Thrift Store?
Veterans Community Thrift Store's revenue in 2022 was $273,640.
Who are the executives of Veterans Community Thrift Store and what are their salaries?
The average compensation at Veterans Community Thrift Store during 2022 was $7,134. There are 27 employees and 18 volunteers at Veterans Community Thrift Store.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Veterans Community Thrift Store?
Veterans Community Thrift Store's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Veterans Community Thrift Store
Veterans Community Thrift Store, a nonprofit organization, is dedicated to accepting donations of various items such as clothing, household goods, furniture, and bric-a-brac. The primary purpose of accepting these donations is not for personal gain but to generate funds through sales. These funds are then utilized to provide assistance to veterans in need. By selling the donated items, the thrift store serves as a means of financial support for veterans who are facing challenges. This mission reflects the commitment of Veterans Community Thrift Store to contribute positively to the lives of those who have served their country.
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Impact
October, 2024
Veterans Community Thrift Store positively impacts the community by providing a vital source of support for veterans in need. By accepting donations of clothing, household goods, furniture, and bric-a-brac, the store not only promotes sustainable practices but also creates a revenue stream that directly assists veterans. The funds generated from sales are used to offer essential assistance to those who have served, addressing their unique challenges and enhancing their quality of life. This initiative fosters a sense of community, encouraging local residents to contribute to the well-being of veterans while also benefiting from affordable goods. In Hibbing, MN, the store plays a crucial role in uplifting the lives of veterans, demonstrating the power of collective effort in making a meaningful difference.
This information is meant to be a general summary of Veterans Community 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $234
- Gross Receipts: $609,611
Assets and Liabilities:
- Total Assets: $569,707
- Total Liabilities: $4,299
- Net Assets: $565,408
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Organization Details
Founding Year
2016
Phone
(218) 262-1239Principal Officer
Larry Pocrnich
Main Address
2003 1ST AVE, HIBBING, MN, 55746
NTEE Category
Code: P29 - Human services
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