Idea Store Creative Reuse Center

Organization Overview

Idea Store Creative Reuse Center is located in Urbana, IL. The organization was established in 2019. According to its NTEE Classification (C27) the organization is classified as: Recycling, under the broad grouping of Environment and related organizations. As of 12/2021, Idea Store Creative Reuse Center employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Idea Store Creative Reuse Center 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 12/2021, Idea Store Creative Reuse Center generated $263.6k in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 38.5% each year . All expenses for the organization totaled $239.8k during the year ending 12/2021. While expenses have increased by 13.9% per year over the past 2 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE IDEA STORE IS A NONPROFIT ORGANIZATION THAT FOSTERS CREATIVITY, EDUCATION, ENVIRONMENTAL STEWARDSHIP, AND COMMUNITY THROUGH REUSE. IT IS A CREATIVE REUSE CENTER THAT TAKES DONATION OF MATERIALS THAT MIGHT OTHERWISE GO TO THE LANDFILL AND PROVIDES THEM AT LOW COST TO FAMILIES AND EDUCATORS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

REUSE STORE - OUR STORE SERVED OVER 21,000 COMMUNITY MEMBERS IN 2021 WITH LOW-COST CONVENTIONAL AND NONTRADITIONAL MATERIALS FOR ARTS, CRAFTS, AND EDUCATION. ALL OF OUR MATERIALS WERE DONATED BY COMMUNITY MEMBERS AND LOCAL BUSINESSES AND SOLD AT 10-50% OF RETAIL VALUE. OUR STORE ACCEPTED APPROXIMATELY 4500 DONATIONS OF MATERIALS IN 2021, ITEMS THAT WOULD OTHERWISE HAVE GONE TO THE LANDFILL. APPROXIMATELY 40 INDIVIDUALS VOLUNTEERED 1800 HOURS OF THEIR TIME TO OUR STORE, WITH AN ADDITIONAL 200 HOURS OF VOLUNTEER TIME PROVIDED BY SERVICE GROUPS IN THE COMMUNITY.


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Board, Officers & Key Employees

Name (title)Compensation
Jessica P Ruddell
Executive Director
$32,649
Jennifer Redden
Secretary
$0
Pius Weibel
Treasurer
$0
Michael Ujcich
Chair
$0
Rochelle Funderburg
Vice-Chair
$0
Carol Jo Morgan
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $31,236
All other contributions, gifts, grants, and similar amounts not included above$12,525
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$43,761
Total Program Service Revenue$218,323
Investment income $0
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 $0
Miscellaneous Revenue$0
Total Revenue $263,604

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