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The Village Store - A Community Thrift Shop

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

EIN: 364496726 ✦ Wimberley, TX ✦ Designated as a 501(c)(3)

Overview

What is The Village Store - A Community Thrift Shop?

The Village Store - A Community Thrift Shop is a nonprofit organization situated in Wimberley, Texas. Its primary mission is to operate a community thrift shop, where donated merchandise is sold to generate profits. These earnings are then distributed to various other tax-exempt 501(C)(3) organizations within the community. The number of volunteer hours contributed by each organization significantly influences the allocated funds. The organization operates with a single employee, demonstrating its commitment to redistributing resources within the community.


Official website here: www.wimberleyvillagethriftstore.org/

Is The Village Store - A Community Thrift Shop legitimate?

The Village Store - A Community Thrift Shop is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Village Store - A Community Thrift Shop 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $58,092

For more financial information, click here


Official website here: www.wimberleyvillagethriftstore.org/

What is the mission statement of The Village Store - A Community Thrift Shop?

The Village Store - A Community Thrift Shop's primary mission is centered around operating a community thrift shop. This thrift shop serves as a platform for selling donated merchandise, with the profits generated being distributed to various other tax-exempt 501(C)(3) organizations within the community. The distribution of funds is proportional to the number of volunteer hours contributed by each organization. This thrift shop not only provides an avenue for recycling goods but also contributes to the support of numerous community-based organizations.


Official website here: www.wimberleyvillagethriftstore.org/

Who is the CEO of The Village Store - A Community Thrift Shop?

Leigh Peterson is the President of The Village Store - A Community Thrift Shop.


Official website here: www.wimberleyvillagethriftstore.org/

What is the revenue of The Village Store - A Community Thrift Shop?

The Village Store - A Community Thrift Shop's revenue in 2023 was $532,161.


Official website here: www.wimberleyvillagethriftstore.org/

Who are the executives of The Village Store - A Community Thrift Shop and what are their salaries?

The average compensation at The Village Store - A Community Thrift Shop during 2023 was $58,092. There are 1 employees and 50 volunteers at The Village Store - A Community Thrift Shop.

Here are 10 key members and their salaries:

    Leigh Peterson (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Aurora Lebrun (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joy Savage (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sandra Haney (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

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

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

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

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

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

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


  • Official website here: www.wimberleyvillagethriftstore.org/

    Where can I find the form 990 for The Village Store - A Community Thrift Shop?

    The The Village Store - A Community Thrift Shop’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.wimberleyvillagethriftstore.org/

    Learn more at the official website: www.wimberleyvillagethriftstore.org/

    Mission Statement of The Village Store - A Community Thrift Shop

    The Village Store - A Community Thrift Shop is a nonprofit organization with a unique mission. Its primary objective is to operate a community thrift shop, where it sells donated merchandise. The proceeds generated from these sales are then distributed to other tax-exempt 501(C)(3) organizations within the community. This distribution is not based on random selection but is proportional to the number of volunteer hours contributed by each organization. This system ensures that the organizations that have actively supported The Village Store through volunteer work receive a portion of the profits. This cycle of donations and distributions helps strengthen the community by supporting various tax-exempt organizations that contribute to the well-being of the community.

    Impact

    This information is meant to be a general summary of The Village Store - A Community Thrift Shop. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    The Village Store - A Community Thrift Shop has a significant impact on the community by providing a space for the sale of donated merchandise, the proceeds of which are distributed to other tax-exempt 501(c)(3) organizations in the area. This model not only promotes recycling and reuse but also directly benefits various charitable organizations that rely on funding to carry out their missions. The thrift shop serves as a hub for community engagement, volunteerism, and support for those in need. Overall, The Village Store plays a vital role in fostering a sense of unity and solidarity within Wimberley, TX, and beyond.





    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 2023.

  • Investment Income: $289
  • Program Service Revenue: $530,336
  • Gross Receipts: $532,161

    • Assets and Liabilities:
  • Total Assets: $1,026,341
  • Total Liabilities: $788,128
  • Net Assets: $238,213
  • Programs

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

    VILLAGE STORE SALES

    Revenue

    $530,336

    Organization Details

    Founding Year

    2002

    Principal Officer

    Leigh Peterson

    Main Address

    PO BOX 2463, WIMBERLEY, TX, 78676

    NTEE Category

    Code: P29 - Human services

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