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Filing year 2024

GM First & Second Thrift Store

Grand Marais, Minnesota·EIN 92-1036167·NTEE S12 · Community Improvement & Capacity Building·3
Total revenue
$233k
Total assets
$221k
Total expenses
$181k
Reported officers
7
Mission

To raise money for local nonprofit through the sale of donated goods; To work with social services and local churches to provide clothing and household goods to people in need; To decrease the amount of clothing and household goods going to a landfill; To offer a source of lightly used goods for a affordable price; To offer community members a place to volunteer their time while supporting local nonprofits.

Reported officers (all unpaid)

No paid executives reported in 2024. GM First & Second Thrift Store reported 7 unpaid officers and board members on its 990.

President
Vice President
Secretary
Board Member
Board Member
Board Member
Treasurer
Financial trend

Revenue and expenses over time

GM First & Second Thrift Store reported revenue and expenses across 2 filing years.

RevenueExpenses
$193k
$35k
2023
$233k
$181k
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Community Improvement & Capacity Building executives earn in Minnesota

GM First & Second Thrift Store reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable community improvement & capacity building organization in Minnesota earns a median of $73,827.

25th percentile
$32k
Median
$73,827
75th percentile
$136k
90th percentile
$199k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 277 organizations across 277 filings (2020 – 2024).

See full Community Improvement & Capacity Building pay data for Minnesota
FAQ

Common questions about GM First & Second Thrift Store

What are GM First & Second Thrift Store's revenue and expenses?

In 2024, GM First & Second Thrift Store reported $233k in total revenue and $181k in total expenses on its IRS Form 990.

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