757 Creative Reuse Center
- Assets
- $23.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Norfolk, VA
- Founding
- 12/2018
- Data as of
- 12/2023
- EIN
- 83-2521545
Organization Overview
757 Creative Reuse Center is located in Norfolk, VA. The organization was established in 2018. According to its NTEE Classification (A20) the organization is classified as: Arts & Culture, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 757 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 12/2023, 757 Creative Reuse Center generated $136.9k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 19.6% each year . All expenses for the organization totaled $147.6k during the year ending 12/2023. While expenses have increased by 26.0% per year over the past 4 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
BY ACCEPTING DONATIONS OF GENTLY USED EXCESS OR OTHERWISE RESUABLE SUPPLIES, THE 757 CREATIVE REUSE CENTER PROMOTES SUSTAINABILITY AND WASTE REDUCTION BY KEEPING THOUSTANDS OF POUNDS OF USABLE MATERIALS OUT OF THE LANDFILL. THE CENTER PROVIDES THE COMMUNITY WITH A RESOUCE FOR AFFORDABLE ARTS AND CRAFTS SUPPLIES AND OFFERS CLASSES AND WORKSHOPS TO ALLOW PATRONS TO LEARN NEW SKILLS AND CONNECT WITH OTHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Romo Store Manage | 30 | $36,670 | |
Jennifer Hand President | 10 | $0 | |
Darlene Ward Treasurer | 10 | $0 | |
Kim Mckinnis Board Member | 5 | $0 | |
Ammie Pascua Board Member | 5 | $0 | |
Poetry Jackson Board Member | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,310 |
| Total Program Service Revenue | $1,645 |
| Membership dues | $2,575 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $136,941 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $84,350 |
| Professional fees and other payments to independent contractors | $10,573 |
| Occupancy, rent, utilities, and maintenance | $27,918 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $24,804 |
| Total expenses | $147,645 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $21,603 |
| Other assets | $0 |
| Total assets | $23,391 |
| Total liabilities | $1,282 |
| Net assets or fund balances | $22,109 |