Overview
What is Worldwide Inventory Network Inc?
Worldwide Inventory Network Inc, located in St. Louis, Missouri, is a participating 501(c)3 organization that manages excess inventory items from donor companies. The nonprofit collects and redistributes these donations to other tax-exempt organizations for a small management fee, which is a fraction of the donated value. The organization's mission is to distribute donated assets to other tax-exempt organizations. With a team of nine employees, Worldwide Inventory Network Inc plays an essential role in facilitating charitable giving and resource redistribution within the nonprofit sector.
Official website here: www.winwarehouse.org
Is Worldwide Inventory Network Inc legitimate?
Worldwide Inventory Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Worldwide Inventory Network 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: $319,950
Professional Fundraising Fees: $0
Other Salaries and Wages: $247,680
For more financial information, click here
Official website here: www.winwarehouse.org
What is the mission statement of Worldwide Inventory Network Inc?
Worldwide Inventory Network Inc serves as a distributor of donated assets to tax-exempt organizations. Their primary activity involves managing and redistributing excess inventory items from donor companies to eligible charities. By doing so, they facilitate the transfer of valuable resources, enabling these organizations to continue their mission and serve their communities effectively. The company's role helps bridge the gap between businesses and charities, ensuring that donated assets reach those in need. Worldwide Inventory Network Inc's mission aligns with the spirit of giving and collaboration, contributing significantly to the non-profit sector.
Official website here: www.winwarehouse.org
Who is the CEO of Worldwide Inventory Network Inc?
Travis Laws is the Director of Worldwide Inventory Network Inc.
Official website here: www.winwarehouse.org
What is the revenue of Worldwide Inventory Network Inc?
Worldwide Inventory Network Inc's revenue in 2022 was $23,598,488.
Official website here: www.winwarehouse.org
Who are the executives of Worldwide Inventory Network Inc and what are their salaries?
The average compensation at Worldwide Inventory Network Inc during 2022 was $63,070. There are 9 employees at Worldwide Inventory Network Inc.
Here are 7 key members and their salaries:
- Travis Laws (President) [Trustee/Director]
- Anthony Difranco (Program Director)
- Joyce Laws (Director)
- Craig Hogan (Director)
- Patrick Turner (Treasurer) [Trustee/Director]
- Kathy Reznikov (Secretary) [Trustee/Director]
- Brenton Dearing (Vice President) [Trustee/Director]
Official website here: www.winwarehouse.org
Where can I find the form 990 for Worldwide Inventory Network Inc?
The Worldwide Inventory Network Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.winwarehouse.org
Learn more at the official website: www.winwarehouse.org
Mission Statement of Worldwide Inventory Network Inc
Worldwide Inventory Network Inc, a participating 501(C)3 organization, plays a unique role in the charitable sector. Its mission is centered around distributing donated assets to other tax-exempt organizations.
In essence, Worldwide Inventory Network Inc serves as a bridge, connecting businesses with excess inventory to deserving non-profits. Companies donate their surplus goods to the network, and in return, they pay a small management fee. This fee is a fraction of the donated value, ensuring that the non-profits reap the majority of the benefits.
Worldwide Inventory Network Inc's activities are rooted in efficiency and sustainability. The donated inventory items are carefully managed and redistributed to various tax-exempt organizations, bringing value to their causes without incurring significant costs. The network's efforts help these organizations strengthen their programs and reach more people in need.
Through this process, Worldwide Inventory Network Inc fosters a spirit of giving and collaboration, creating a win-win situation for both the donating companies and the recipient non-profits. The organization's mission is integral in ensuring that valuable resources find their way to those who can make a difference in the world.
Impact
This information is meant to be a general summary of Worldwide Inventory Network Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Worldwide Inventory Network Inc's impact lies in its ability to efficiently distribute donated assets to other tax-exempt organizations. By facilitating the transfer of excess inventory items from donor companies to participating 501(c)3 organizations, Worldwide Inventory Network Inc enables these organizations to fulfill their missions with valuable resources they may not have had access to otherwise. This redistribution of assets helps support the work of various nonprofits, contributing to their ability to make a positive impact in their communities and beyond.
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 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SHARED MANAGEMENT FEES
Revenue
$1,487,374
Organization Details
Founding Year
1991
Phone
(314) 385-3006
Principal Officer
Travis Laws
Main Address
5100 SAN FRANCISCO AVENUE, ST LOUIS, MO, 63115
Website
www.winwarehouse.org
NTEE Category
Code: T700 - Philanthropy
If you are a representative of Worldwide Inventory Network 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.