NonprofitsResources Exchange Association

Resources Exchange Association

BURLINGTON, NC

Total revenue

$6.8M

Total expenses

$2.6M

Net assets

$30.5M

Grants received

$16.8M

5 grants

EIN

541297868

Tax year

2024

Mission

Serve as a consuit for surplus inventory donantions and provide them to 501(c)(3) organizations.

Programs

1 program

Serve as a conduit for surplus inventory

Expenses: $235K

Financials

FY 2024

Revenue

Contributions & grants$10.1M
Program service revenue
Investment income$1K
Other revenue
Total revenue$6.8M

Expenses

Grants paid
Salaries & benefits$1.3M
Fundraising
Other expenses$1.3M
Total expenses$2.6M
Total assets$30.7M
Net assets$30.5M

People

3 listed

NameRoleCompensation

TIM SHEPHERD

SENIOR VP

Board

$90K

40 hrs/wk

C R SHEPHERD

PRESIDENT

Board

$63K

30 hrs/wk

SUSAN WRIGHT

SEC/TREASURE

Board

$41K

40 hrs/wk

Grants received

Showing 5 of 5

FromAmountPurposeYear
$93K
FOR COMMUNITY DISTRIBUTION
2024
$25K
GENERAL OPERATING SUPPORT
2024
$6.3M
CARE OF ILL, NEEDY, OR MINOR
2023
$9.2M
CARE OF ILL, NEEDY, OR MINOR
2022
$1.2M
CARE OF ILL, NEEDY, OR MINOR
2020

Funded by

$16.8M from 3 funders · 5 grants · 2020–2024

National Association For The Exchange Of

$16.7M · 3 grants · 2020–2023

Harvest Time International Inc

$93K · 1 grant · 2024

American Endowment Foundation

$25K · 1 grant · 2024

Details

EIN541297868
Subsection03
Ruling date1985-08
Employees34
RESOURCES EXCHANGE ASSOCIATION — Mission, Financials & Grants Received | Grantivo