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Community Closet Inc

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

EIN: 203477522 ✦ Livingston, MT ✦ Designated as a 501(c)(3)

Overview

What is Community Closet Inc?

Community Closet Inc, based in Livingston, Montana, is a nonprofit organization that generates funds primarily through a thrift store. The profits are then donated to various local charities in Park County, contributing significantly to their total funding. Since its inception, Community Closet Inc has disbursed over 740,000 dollars to numerous nonprofit organizations, such as Friends of the Community, Shane Lalani Center for Performing Arts, Stafford Animal Shelter, Links for Learning, Community School Collaborative, Big Brothers/Big Sisters, Human Resources Development Council, Park County Community Foundation, and The Livingston Food Pantry, among others. Beyond fundraising, Community Closet Inc serves the economically disadvantaged rural area of Park County by offering clothing and household goods at reduced prices. This initiative helps keep reusable items out of landfills, promoting sustainability. The organization also attempts to recycle or repurpose unsaleable items, ensuring minimal waste. With a workforce of 25 individuals, Community Closet Inc operates two locations in downtown Livingston, offering both a traditional thrift store and a retail store showcasing higher-end goods. In 2022, the organization distributed 114,000 grants to community nonprofits.


Official website here: www.communitycloset.org

Is Community Closet Inc legitimate?

Community Closet Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community 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.

Here are some key statistics you may want to consider:

Executive Compensation: $66,586
Professional Fundraising Fees: $0
Other Salaries and Wages: $337,493

For more financial information, click here


Official website here: www.communitycloset.org

What is the mission statement of Community Closet Inc?

Community Closet Inc's mission is centered around operating a thrift store to raise funds for local charities. The organization aims to make clothing and household goods available to individuals at significantly reduced prices, while simultaneously keeping tons of reusable goods out of landfills. In addition, Community Closet Inc attempts to recycle or repurpose unsalable items. The funds raised through the thrift store are a crucial part of the total funding received by various nonprofits in the community, quickly funding programs with specific needs. The organization also provides clothing and household goods at reduced rates to local households, thereby reducing waste through reuse. Community Closet Inc has two locations, with one offering a more retail-like atmosphere for higher-end goods. In 2022, the organization distributed 114,000 grants to community nonprofits.


Official website here: www.communitycloset.org

Who is the CEO of Community Closet Inc?

Ruth Caron Cooper is the Ceo of Community Closet Inc. The CEO's salary of Community Closet Inc is $66,586 and their total compensation is $66,586.


Official website here: www.communitycloset.org

What is the revenue of Community Closet Inc?

Community Closet Inc's revenue in 2022 was $905,295.


Official website here: www.communitycloset.org

Who are the executives of Community Closet Inc and what are their salaries?

The average compensation at Community Closet Inc during 2022 was $16,163. There are 25 employees and 36 volunteers at Community Closet Inc.

Here are 5 key members and their salaries (Community Closet Inc's CEO's salary is $66,586 and their total compensation is $66,586):

    Ruth Caron Cooper (Ceo)
  • Compensation: $66,586
  • Related: $0
  • Other: $0

    • Gayle Kamps (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Janene Molebash (Board Chairm) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Murphy (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sue Williams (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.communitycloset.org

    Where can I find the form 990 for Community Closet Inc?

    The Community Closet Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.communitycloset.org

    Learn more at the official website: www.communitycloset.org

    Mission Statement of Community Closet Inc

    Community Closet Inc, a charitable organization, carries out its mission by operating a thrift store. The primary objective of this venture is to raise funds, which are then distributed annually to various local charities. Situated in the economically disadvantaged rural area of Park County, Montana, Community Closet Inc has been instrumental in making clothing and household goods available to individuals at significantly reduced prices. Since its inception, the organization has donated over 740,000 to numerous nonprofit organizations within the community.

    These nonprofits include Friends of the Community, The Shane Lalani Center for Performing Arts, Stafford Animal Shelter, Links for Learning, Community School Collaborative, Big Brothers/Big Sisters, Human Resources Development Council, Park County Community Foundation, The Livingston Food Pantry, and numerous others. These funds raised through the thrift shop play a crucial role in the overall funding received by many of these nonprofits. Community Closet Inc also serves as a quick source of funding for programs with specific needs within the community.

    In addition to its primary function of fundraising, Community Closet Inc also offers clothing and household goods at reduced prices to local households. This not only helps individuals in need but also contributes to environmental sustainability by keeping hundreds of tons of trash from landfills through re-use and recycling. The organization operates two locations in downtown Livingston, with the main thrift center selling a wide range of items and a second location offering higher-end goods in a more typical retail store atmosphere. In 2022 alone, Community Closet Inc was able to distribute 114,000 in grants to community nonprofits.

    Impact

    This information is meant to be a general summary of Community Closet Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Community Closet Inc's impact is significant in the economically disadvantaged rural area of Park County, Montana. By raising funds through sales at its thrift shop, the organization has been able to donate over $740,000 to various local charities since its inception. These donations have supported essential organizations such as the Friends of the Community, the Shane Lalani Center for Performing Arts, and the Livingston Food Pantry, among others.

    Through its thrift store operations, Community Closet Inc not only provides crucial funding to these Community Closet Inc organizations but also offers clothing and household goods to local households at reduced prices. Additionally, the organization plays a crucial role in environmental conservation by diverting hundreds of tons of reusable goods from landfills through re-use and recycling efforts.

    Moreover, Community Closet Inc acts swiftly to fund programs with specific needs in the community, making a tangible difference in addressing local challenges. With two locations in downtown Livingston, including a store that offers higher-end goods in a retail shop atmosphere, the organization has become a pillar of support for the community in Park County, Montana.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $1,110
  • Program Service Revenue: $0
  • Gross Receipts: $918,337

    • Assets and Liabilities:
  • Total Assets: $640,858
  • Total Liabilities: $1,387
  • Net Assets: $639,471
  • Organization Details

    Founding Year

    2005

    Principal Officer

    Ruth Caron Cooper

    Main Address

    416 EAST PARK STREET, LIVINGSTON, MT, 59047

    NTEE Category

    Code: J32 - Employment

    If you are a representative of Community Closet Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.