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Nw Furniture Bank

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

EIN: 223939593 ✦ Tacoma, WA ✦ Designated as a 501(c)(3)

Overview

What is Nw Furniture Bank?

Nw Furniture Bank is a nonprofit organization situated in Tacoma, Washington, specifically at 117 Puyallup Ave. Their primary mission is to restore hope, dignity, and stability in the community by recycling donated furniture and distributing it to individuals in need. In 20XX, they served 2,071 family units, supplying them with a full household's worth of furniture. This included 34,372 items, collectively valued over $1,281,000. The organization's efforts not only provided families with essential furniture but also generated employment opportunities and engaged over 3,200 volunteer hours. With a dedicated workforce of 30 individuals, Nw Furniture Bank continues its mission to uplift the community by reusing donated furniture to support those in need.


Official website here: www.nwfurniturebank.org

Is Nw Furniture Bank legitimate?

Nw Furniture Bank is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nw Furniture Bank 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: $225,719
Professional Fundraising Fees: $0
Other Salaries and Wages: $847,630

For more financial information, click here


Official website here: www.nwfurniturebank.org

What is the mission statement of Nw Furniture Bank?

The mission of Nw Furniture Bank is centered around restoring hope, dignity, and stability in the community. They achieve this by recycling donated furniture and distributing it to individuals in need. This initiative not only provides essential household items but also creates employment opportunities and engages volunteers, who contribute over 3,200 hours annually. Through this service, Nw Furniture Bank has served 2,071 family units, supplying them with a complete set of furniture, valued at over $1,281,000.


Official website here: www.nwfurniturebank.org

Who is the CEO of Nw Furniture Bank?

Joe Carman is the Chair of Nw Furniture Bank.


Official website here: www.nwfurniturebank.org

What is the revenue of Nw Furniture Bank?

Nw Furniture Bank's revenue in 2022 was $5,585,825.


Official website here: www.nwfurniturebank.org

Who are the executives of Nw Furniture Bank and what are their salaries?

The average compensation at Nw Furniture Bank during 2022 was $35,778. There are 30 employees and 260 volunteers at Nw Furniture Bank.

Here are 14 key members and their salaries:

    William C Lemke Jr (Executive Director (Q 1-3))
  • Compensation: $125,711
  • Related: $0
  • Other: $0

    • Jeremy Simler (Executive Director (Q 4))
  • Compensation: $100,008
  • Related: $0
  • Other: $0

    • Gerrit Nyland (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Carman (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Evan Ritchie (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Laura Majovski (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maddie Pattin (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rich Jasper (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Jacoby (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shirley Eclipse-Chinery (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stacey Ogle (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Stockstad (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Megain Keim-Smith (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barbara Morrett (Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nwfurniturebank.org

    Where can I find the form 990 for Nw Furniture Bank?

    The Nw Furniture Bank’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.nwfurniturebank.org

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

    Mission Statement of Nw Furniture Bank

    Northwest Furniture Bank, a nonprofit organization, is committed to restoring hope, dignity, and stability within the community by recycling donated furniture for those in need. Through their mission, they aim to provide individuals and families with essential household items, thereby enhancing their living conditions and promoting a sense of stability. By serving 2,071 family units and offering a complete set of furniture, the organization has provided 34,372 pieces of furniture, valued at over $1,281,000. In addition, the program has created employment opportunities and engaged over 3,200 hours of volunteer work, contributing positively to the community.

    Impact

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




    Thursday, August 15, 2024

    Nw Furniture Bank's impact can be seen in the 2,071 family units it served through its furniture program. By providing a complete household of furniture, totaling 34,372 pieces valued at over $1,281,000, this organization has restored hope, dignity, and stability to those in need. Additionally, the program created jobs and involved over 3,200 hours of volunteer work, demonstrating a commitment to making a tangible difference in the community.





    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: $28,181
  • Program Service Revenue: $1,392,697
  • Gross Receipts: $5,634,766

    • Assets and Liabilities:
  • Total Assets: $3,977,710
  • Total Liabilities: $32,193
  • Net Assets: $3,945,517
  • Programs

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

    FURNITURE SALES

    Revenue

    $602,100

    PROGRAM SERVICE FEES

    Revenue

    $570,208

    SPRING BACK FEES

    Revenue

    $171,691

    SPRING BACK RECYCLING

    Revenue

    $48,698

    Organization Details

    Founding Year

    2007

    Principal Officer

    Joe Carman

    Main Address

    117 PUYALLUP AVE, TACOMA, WA, 98421

    NTEE Category

    Code: P20 - Human services

    If you are a representative of Nw Furniture Bank 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.