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Furniture Trust Organization Inc

Furniture Trust Organization Inc

Arlington, MA 02474
Tax ID26-2607677

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About this organization

Revenue

$3,055,022

Expenses

$3,086,356

Mission

The Furniture Trust makes a positive, community impact with used office furnishings, while providing the most economical and environmentally responsible solutions to local businesses. We provide organizations with a proven process for decommissioning that maximizes the value of unwanted furniture assets. Leveraging our sustainable network, The Furniture Trust connects these office furnishings with local schools and non profits.

About

To partner with corporations through cooperative agreements to dismantle and transport unwanted used office furniture to either other nonprofit organizations, sell to individuals or corporations, or salvage the raw materials through environmentally friendly recycling companies.

Interesting data from their 2020 990 filing

The non-profit's mission, as documented in the filing, is “The furniture trust is driven to make a positive, community impact with used office furnishings, while providing the most economical and environmentally responsible solutions to local businesses. we provide companies of all sizes with a proven process for decommissioning that maximizes the value of unwanted furniture assets. leveraging our sustainable network, the furniture trust connects donated, office furnishings with local schools and nonprofits.”.

When detailing its duties, they were outlined as: “Environmentally friendly office furniture disposition - educate corporations and institutions about the benefits of recycling unwanted office furniture, rather than throwing it in a landfill. the trust is able to recycle used office furniture (gifts-in-kind), by donating some to approximately 30 other nonprofit organizations, by selling some, allowing other corporations to re-use the unwanted office furniture and recycling any remainder unwanted office furnitue for scrap value.”.

  • The non-profit is legally allowed to operate in the state of MA, as reported.
  • The filing provides the non-profit's address in 2020 as 308 CONGRESS STREET 4TH FLOOR, BOSTON, MA, 02210.
  • The non-profit's form for the year 2020 reports a total of 7 employees on their payroll.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$31,334.
  • The organization has 2 independent voting members.
  • The organization was formed in 2008.
  • The organization pays $164,878 in salary, compensation, and benefits to its employees.
  • The organization pays $30,495 in fundraising expenses.

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