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Mercy's Closet Inc

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

EIN: 832598465 ✦ Minden, LA ✦ Designated as a 501(c)(3)

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Overview

What is Mercy's Closet Inc?

Mercy's Closet Inc, located at 120 Woodard Drive, Minden, LA 71055, is a dedicated nonprofit organization with a mission to improve the community's quality of life. They strive to eliminate obstacles that hinder opportunities for local residents. The organization, which employs 16 individuals, has not specified a particular field or cause, but their purpose is to make a positive impact on their community. Although the information does not provide details about their programs or activities, it is clear that Mercy's Closet Inc is committed to fostering growth and equality within their local community.

Is Mercy's Closet Inc legitimate?

Mercy's Closet Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mercy's Closet 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: $213,131

For more financial information, click here

What is the mission statement of Mercy's Closet Inc?

Mercy's Closet Inc's mission is centered around enhancing the quality of life for the local community. They strive to eliminate barriers that hinder opportunities, aiming to create a more equitable and prosperous community for all its members. Their activities are geared towards breaking down these barriers, thereby fostering a sense of inclusivity and equal opportunity. The organization's ultimate goal is to contribute positively to the wellbeing and development of the local community.

What is the revenue of Mercy's Closet Inc?

Mercy's Closet Inc's revenue in 2023 was $728,886.

Who are the executives of Mercy's Closet Inc and what are their salaries?

The average compensation at Mercy's Closet Inc during 2023 was $16,395. There are 13 employees at Mercy's Closet Inc.

Here are 5 key members and their salaries:


Herb Johnston (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keyna Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Hatcher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ricky Sanders (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tina Gann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Mercy's Closet Inc?

Mercy's Closet Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Mercy's Closet Inc

Mercy's Closet Inc is a nonprofit organization committed to enhancing the quality of life in the local community. Their mission is focused on eliminating barriers to opportunity, aiming to empower individuals and improve their living conditions. By working towards this goal, Mercy's Closet Inc strives to uplift and support the local community, providing them with the resources they need to overcome challenges and seize opportunities.

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Impact




July, 2024

Mercy's Closet Inc works tirelessly to enhance the quality of life for the local community in Minden, Louisiana. By eliminating barriers to opportunity, they strive to make a positive impact on individuals and families in need. Their focus on human services reflects their commitment to addressing essential needs and fostering a more inclusive and supportive community.




This information is meant to be a general summary of Mercy's Closet 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
$728,886 (2023)
Expenses
$654,527 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $311,954
  • Gross Receipts: $728,886

Assets and Liabilities:

  • Total Assets: $322,328
  • Total Liabilities: $3,057
  • Net Assets: $319,271

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SALE OF SALVAGE MERCHAN

Revenue

$311,954

Organization Details

Founding Year

2018

Principal Officer

Ricky Sanders

NTEE Category

Code: P20 - Human services

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