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Chatham Pta Thrift Shop Inc

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

EIN: 561362692 ✦ Siler city, NC ✦ Designated as a 501(c)(3)

Overview

What is Chatham Pta Thrift Shop Inc?

Chatham PTA Thrift Shop Inc is a vital nonprofit organization situated in Siler City, NC. Their main objective is to generate funds for local schools. They achieve this by collecting and selling pre-owned clothing and furniture. The profits, excluding a $35,000 deduction and interest income, are directly channeled into the county schools' PTA funds, thereby playing a significant role in the community's fundraising events. The Thrift Shop's mission extends beyond monetary contributions, as it also serves as a crucial platform for recycling and reusing household items.


Is Chatham Pta Thrift Shop Inc legitimate?

Chatham Pta Thrift Shop Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chatham Pta Thrift Shop 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $698,960

For more financial information, click here


What is the mission statement of Chatham Pta Thrift Shop Inc?
Who is the CEO of Chatham Pta Thrift Shop Inc?
What is the revenue of Chatham Pta Thrift Shop Inc?
Who are the executives of Chatham Pta Thrift Shop Inc and what are their salaries?

The average compensation at Chatham Pta Thrift Shop Inc during 2023 was $12,944. There are 54 employees at Chatham Pta Thrift Shop Inc.

Here are 58 key members and their salaries:


Where can I find the form 990 for Chatham Pta Thrift Shop Inc?

Mission Statement of Chatham Pta Thrift Shop Inc

Chatham PTA Thrift Shop, a nonprofit organization, is dedicated to raising funds for schools. They accomplish this by collecting and selling secondhand clothing and furniture. The profits generated from these sales, excluding a $35,000 allowance and interest income, are directly channeled into the county schools' PTA funds. This fundraising initiative plays a significant role in the community, serving as a vital source of financial support for local schools.

Impact

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




Saturday, July 20, 2024

Chatham PTA Thrift Shop Inc's impact lies in its crucial role in fundraising for local schools in Siler City, NC. By collecting and reselling used clothing and furniture, the organization raises funds that directly benefit the county schools' PTA funds. This effort helps support various educational programs and initiatives for the benefit of students in the community, making it an essential fundraising event that positively impacts the local education sector.





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: $1,186
  • Program Service Revenue: $1,909,246
  • Gross Receipts: $1,910,432

    • Assets and Liabilities:
  • Total Assets: $1,117,344
  • Total Liabilities: $716,393
  • Net Assets: $400,951
  • Programs

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

    CC-SALES

    Revenue

    $1,014,532

    SALES

    Revenue

    $886,376

    RECYCLING PROGRAM

    Revenue

    $6,277

    MISC SALES

    Revenue

    $2,061

    Organization Details

    Founding Year

    1983

    Principal Officer

    Keith Stinson

    Main Address

    PO BOX 890, SILER CITY, NC, 27344

    NTEE Category

    Code: P29 - Human services

    If you are a representative of Chatham Pta Thrift Shop 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.