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Used Treasures Inc

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

EIN: 770544981 ✦ Tulare, CA ✦ Designated as a 501(c)(3)

Overview

What is Used Treasures Inc?

Used Treasures Inc is a nonprofit organization situated in Tulare, California, at 232 South K Street. Their main activity involves collecting and repairing used items, which are then sold at discounted prices to the public. This thrift store operation is not an end in itself, but rather serves as a means to generate funds. The net profits derived from these sales are directed towards benefiting various local nonprofit organizations. Specifically, the proceeds support a Christian retirement community, Sierra Village, that prioritizes providing superior care and an enriching environment for its residents. Additionally, the funds contribute to Christ-centered education for students from pre-K to 12th grade at Central Valley Christian School and Hanford Christian School.


Is Used Treasures Inc legitimate?

Used Treasures Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Used Treasures 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: $461,488

For more financial information, click here


What is the mission statement of Used Treasures Inc?
Who is the CEO of Used Treasures Inc?
What is the revenue of Used Treasures Inc?
Who are the executives of Used Treasures Inc and what are their salaries?
Where can I find the form 990 for Used Treasures Inc?

Mission Statement of Used Treasures Inc

Used Treasures Inc, a thrift store, is dedicated to channeling the proceeds from its sales towards two noble causes. The first is supporting a Christian retirement community, Sierra Village, which strives to provide an exceptional level of care and a nurturing environment for its senior residents. The second cause is funding Christian education for students from pre-K to 12th grade at Central Valley Christian School and Hanford Christian School.

Used Treasures Inc operates by accepting used items from the general public, repairing them if necessary, and then selling them at discounted prices to the public. This retail activity serves as a means to generate revenue, which is then allocated to these two charitable ventures. Moreover, the organization also contributes a portion of its net earnings to various other not-for-profit organizations in the local area, extending its reach and impact beyond its primary missions.

Impact

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




Saturday, July 20, 2024

Used Treasures Inc has a significant impact by receiving used items from the general public, repairing them, and selling them at discount prices. The net proceeds from these sales are used to benefit various other nonprofit organizations in the local area. 100% of the thrift store sales proceeds go towards supporting a Christian retirement community dedicated to providing superior care and environment at Sierra Village, as well as providing a Christ-centered education for students in Pre-K through 12th grade at Central Valley Christian School and Hanford Christian School. Overall, Used Treasures Inc plays a crucial role in supporting human services and contributing to the well-being of 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: $11
  • Program Service Revenue: $0
  • Gross Receipts: $1,976,359

    • Assets and Liabilities:
  • Total Assets: $759,326
  • Total Liabilities: $25,686
  • Net Assets: $733,640
  • Organization Details

    Founding Year

    2000

    Principal Officer

    Art Van Beek

    Main Address

    232 SOUTH K ST, TULARE, CA, 93274

    NTEE Category

    Code: P29 - Human services

    If you are a representative of Used Treasures 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.