Overview
What is Great Lakes Mennonite Thrift Inc?
Great Lakes Mennonite Thrift Inc is a nonprofit organization situated in Goshen, Indiana. Their primary activity involves operating a thrift store, providing a platform for selling secondhand items. The proceeds from this store are utilized to support two significant causes: Mennonite Central Committee, a global organization, and local needs within the community. The thrift store serves as a means to contribute to both international and local welfare efforts, demonstrating Great Lakes Mennonite Thrift Inc's commitment to charitable service.
Is Great Lakes Mennonite Thrift Inc legitimate?
Great Lakes Mennonite Thrift Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Great Lakes Mennonite Thrift Inc submitted a form 990EZ, 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: $170,481
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What is the mission statement of Great Lakes Mennonite Thrift Inc?
Great Lakes Mennonite Thrift Inc's mission is centered around operating a thrift store. This mission serves two primary purposes: firstly, to provide support for Mennonite Central Committee, and secondly, to address local needs. The thrift store, located in Goshen, IN, is a means through which the organization contributes to these objectives. By selling second-hand goods, Great Lakes Mennonite Thrift Inc generates funds that are then channeled towards supporting the initiatives of the Mennonite Central Committee and addressing the needs within their local community.
What is the revenue of Great Lakes Mennonite Thrift Inc?
Great Lakes Mennonite Thrift Inc's revenue in 2023 was $367,810.
Who are the executives of Great Lakes Mennonite Thrift Inc and what are their salaries?
The average compensation at Great Lakes Mennonite Thrift Inc during 2023 was $13,114. There are 13 employees and 60 volunteers at Great Lakes Mennonite Thrift Inc.
Here are 7 key members and their salaries:
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Where can I find the form 990 for Great Lakes Mennonite Thrift Inc?
Great Lakes Mennonite Thrift Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Great Lakes Mennonite Thrift Inc
Great Lakes Mennonite Thrift, a nonprofit organization, carries out its mission by operating a thrift store in an undisclosed location. The primary purpose of this thrift store is twofold: it supports the Mennonite Central Committee, a global organization dedicated to service, and it contributes to local needs. By operating this store, Great Lakes Mennonite Thrift is able to contribute to both global and local communities, demonstrating its commitment to making a positive impact. The thrift store serves as a means of generating funds that can be directed towards various causes, furthering the mission of the Mennonite Central Committee and addressing local needs.
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Impact
October, 2024
Great Lakes Mennonite Thrift Inc plays a significant role in the community by operating a thrift store in Goshen, IN. Through the sale of second-hand goods, it not only provides affordable shopping options for local residents but also supports the important work of the Mennonite Central Committee. The profits generated from the store help address both local needs and global humanitarian efforts, fostering a sense of community and compassion. By promoting the recycling of goods, the thrift store contributes to environmental sustainability while encouraging a culture of generosity and support among shoppers and donors alike. Overall, Great Lakes Mennonite Thrift Inc serves as a vital resource for individuals in need, reinforcing community ties and extending help where it is most needed.
This information is meant to be a general summary of Great Lakes Mennonite Thrift 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 2023.
- Investment Income: $287
- Gross Receipts: $730,768
Assets and Liabilities:
- Total Assets: $64,116
- Total Liabilities: $300,000
- Net Assets: -$235,884
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Organization Details
Principal Officer
Jim Yoder
NTEE Category
Code: P29 - Human services
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