Dedham Womens Exchange Inc
- Assets
- $409.7k
- Revenue
- $120.3k
- Investments
- $0.0
- Employees
- 2
- Location
- Dedham, MA
- Founding
- 10/1951
- Data as of
- 01/2022
- EIN
- 04-2258361
Organization Overview
Dedham Womens Exchange Inc is located in Dedham, MA. The organization was established in 1951. According to its NTEE Classification (P29) the organization is classified as: Thrift Shops, under the broad grouping of Human Services and related organizations. As of 01/2022, Dedham Womens Exchange Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dedham Womens Exchange Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 01/2022, Dedham Womens Exchange Inc generated $120.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.9% each year. All expenses for the organization totaled $90.2k during the year ending 01/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATIONS MISSION IS TO PROMOTE WOMENS WELFARE, THEIR FELLOWSHIP AND COOPERATION AND THEIR EDUCATION, INDUSTRIAL AND ECONOMIC ADVANCEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION DISTRIBUTES PROCEEDS FROM THE SALE OF MERCHANDISE TO VARIOUS CHARITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carole Chapin President And Board Member | OfficerTrustee | 5 | $0 |
Cindy Kopf Asst Treasurer And Board Memb | OfficerTrustee | 2 | $0 |
Diana Nicholson Treasurer And Board Member | OfficerTrustee | 1 | $0 |
Kate Mooney Cahill Secretary And Board Member | OfficerTrustee | 2 | $0 |
Sue Hicks Vice President And Board Memb | OfficerTrustee | 2 | $0 |
Koko Bickford Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $34,610 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,610 |
| Total Program Service Revenue | $0 |
| Investment income | $328 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $84,206 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $120,256 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,829 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $36,434 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,036 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,130 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $780 |
| Advertising and promotion | $2,225 |
| Office expenses | $5,470 |
| Information technology | $365 |
| Royalties | $0 |
| Occupancy | $3,477 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $60 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,062 |
| Insurance | $4,178 |
| All other expenses | $977 |
| Total functional expenses | $90,242 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $187,381 |
| Savings and temporary cash investments | $100,328 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $30,060 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $91,948 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $409,717 |
| Accounts payable and accrued expenses | $4,422 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,422 |
| Net assets without donor restrictions | $405,295 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $409,717 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Dedham Womens Exchange Inc has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wellspring Inc Hull, MA | $3,076,333 | $2,143,691 |
Housing Works Used Book Cafe Inc Brooklyn, NY | $1,257,687 | $417,079 |
Leeward Charitable Foundation Inc Salisbury, MA | $1,114,900 | $1,587,888 |
Waste-Not-Want-Not Inc New York, NY | $85,775 | $905,044 |
Vintage Thrift Shop Corporation New York, NY | $949,773 | $1,175,007 |
Hospital Thrift Shop Nantucket, MA | $873,056 | $917,813 |
Ridgefield Thrift Shop Inc Ridgefield, CT | $812,308 | $908,350 |
Barristers Book Shop South Royalton, VT | $588,614 | $671,375 |
Cure Thrift Inc New York, NY | $155,357 | $464,737 |
Shelburne Charlotte Hinesburg Interfaith Projects Inc Shelburne, VT | $270,618 | $424,765 |
Guilford A Better Chance Inc Guilford, CT | $1,168,167 | $433,191 |
Barn Thrift Shop Salt Point, NY | $790,793 | $390,609 |