Overview
What is Odon Thrift Store Inc?
Odon Thrift Store Inc is a nonprofit organization situated in Elnora, Indiana, led by Vice Chairi\an. Their primary mission is to provide public and societal benefit through retail sales of donated clothing. Last year, the organization generated a total revenue of $183,295. This thrift store serves as a platform for reusing clothing, contributing to sustainability while also providing an opportunity for community engagement and support.
Is Odon Thrift Store Inc legitimate?
Odon Thrift Store Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Odon Thrift Store 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.
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What is the mission statement of Odon Thrift Store Inc?
Odon Thrift Store Inc is dedicated to the mission of conducting retail sales of donated clothing, serving as a public and societal benefit organization. Their primary activity revolves around offering second-hand clothing items to the community. The organization's operations generate revenue, as indicated by their $183,295 earnings in the previous year. However, the mission statement does not provide further details about the social or charitable objectives of the thrift store.
Who is the CEO of Odon Thrift Store Inc?
Chris Lapp is the Chairman of Odon Thrift Store Inc.
What is the revenue of Odon Thrift Store Inc?
Odon Thrift Store Inc's revenue in 2022 was $293,468.
Who are the executives of Odon Thrift Store Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Odon Thrift Store Inc?
Odon Thrift Store Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Odon Thrift Store Inc
Odon Thrift Store Inc, led by Vice Chairi\xan, is a public and societal benefit organization dedicated to supporting its community. Its primary activity involves the retail sale of donated clothing. This nonprofit organization operates with a mission to provide a platform for the community to recycle and reuse clothing, thereby contributing to the well-being of society as a whole. The revenues of Odon Thrift Store Inc last year amounted to $183,295, suggesting a strong financial commitment to its mission and the community it serves.
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Impact
October, 2024
Odon Thrift Store Inc significantly contributes to the local community in several ways. By retailing donated clothing, it promotes sustainable practices by extending the lifecycle of apparel, thus reducing waste and environmental impact. The store serves as an accessible resource for affordable clothing, making it easier for individuals and families in the Elnora, IN area to meet their basic needs.
With total revenues of $183,295 last year, Odon Thrift Store not only generates funds that can be reinvested into community initiatives but also creates a space for social interaction and community building. Its operations provide a supportive environment, fostering a sense of belonging among shoppers and volunteers alike. By engaging in retail sales of donated items, it supports both the local economy and the ethos of philanthropy, encouraging community members to contribute by donating goods or volunteering their time. Overall, Odon Thrift Store Inc plays a crucial role in promoting social welfare and enhancing the quality of life for residents in the region.
This information is meant to be a general summary of Odon Thrift Store 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $316,343
Assets and Liabilities:
- Total Assets: $367,272
- Total Liabilities: $0
- Net Assets: $367,272
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Organization Details
Founding Year
2018
Phone
(717) 333-0790Principal Officer
Chris Lapp
Main Address
102 E MAIN STREET, ODON, IN, 47562
NTEE Category
Code: W11 - Public benefit
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