The Benefit Shop Foundation Inc.
The Benefit Shop Foundation Inc.
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About this organization
Mission
The Benefit Shop Foundation Inc's mission is to receive contributions with open arms, return them to the public for resale and use the money to support other local charities.
About
The Benefit Shop Foundation operates a retail thrift shop. Volunteers of the Benefit Shop Foundation collect, process, display, and sell donated materials. The general public donates goods to the shop, which are then sorted and priced before being offered for sale at retail in the thrift shop. Net revenues after expenses are then donated to various local charities.
Interesting data from their 2020 990 filing
In the filing, the mission of the non-profit is noted as “The benefit shop foundation inc's mission is to receive contributions with open arms, return them to the public for resale and use the money to support other local charities.”.
When detailing its duties, they were outlined as: “The benefit shop foundation inc's mission is to receive contributions with open arms, return them to the public for resale and use the money to support other local charities.”.
- The state in which the non-profit is legally registered to operate is NY, as per legal records.
- The filing documents the non-profit's address in 2020 as 243 POUND RIDGE ROAD, BEDFORD, NY, 10506.
- The non-profit's form for the year 2020 reports a total of 9 employees on their payroll.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are between $500,000 and $1,000,000+.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $192,419.
- The CEO compensation strategy within the organization is not based on a review and approval from an impartial entity.
- The organization has a written policy that describes how long it will retain documents.
- The organization has 1 independent voting members.
- The organization was formed in 2011.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule O.
- The organization pays $80,015 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization has minutes of its meetings.