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New Life Thrift Inc.

New Life Thrift Inc.

Glenside, PA 19038
Tax ID27-4526837

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About this organization

Revenue

$1,943,854

Expenses

$1,925,441

Mission

New Life Thrift is a ministry of New Life Presbyterian Church of Glenside. The primary purpose of the organization is the operation of two thrift stores. All of the new profits of the stores are distributed to the church or local charities to help those in need.

About

The primary activity is the operation of two thrift stores. All store merchandise is donated to the stores. Merchandise that is accepted and sold at the stores includes clothing, knick knacks, furniture, books and jewelry.A portion of the net proceeds from sales are distributed to the church on a quaterly basis to help individuals in the community of the store in need.

Interesting data from their 2020 990 filing

From their filing, the objective of the non-profit is stated as “New life thrift is a ministry of new life presbyterian church of glenside. the primary purpose of the organization is the operation of two thrift stores. all of the new profits of the stores are distributed to the church or local charities to help those in need.”.

When talking about its functions, they were outlined as: “New life thrift is a ministry of new life presbyterian church of glenside. the primary purpose of the organization is the operation of two thrift stores. all of the new profits of the stores are distributed to the church or local charities to help those in need.”.

  • The legally reported state of operation for the non-profit is PA.
  • The non-profit organization as of 2020 has a total of 76 employees reported on their form.
  • 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 greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $18,413.
  • The CEO's compensation within the organization is determined through a thorough evaluation by an impartial entity.
  • The organization elects its board members.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 9 independent voting members.
  • The organization was formed in 2010.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule O.
  • The organization pays $1,240,202 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization has grants to organizations.
  • The organization's financial statements were reviewed by an accountant.

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