Overview

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Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

RESOURCES EXCHANGE ASSOCIATION is a business promotion nonprofit focused on serving as a conduit for surplus inventory donations and distributing them to 501(c)(3) organizations. In filing year 2024, it reported a $2.6M operating budget and $6.8M in total revenue; its top listed funder was THE NATIONAL ASSOCIATION FOR THE EXCHANGE OF INDUSTRIAL RESOURCES INC.

Mission Statement

SERVE AS A CONSUIT FOR SURPLUS INVENTORY DONANTIONS AND PROVIDE THEM TO 501(C)(3) ORGANIZATIONS.
Revenues
$6.8M
Expenses
$2.6M
Net Income:
+$4.2M
Assets
$30.7M
Liabilities
$137.5K
Net Assets:
+$30.5M
Operating Budget
$2.6M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
2
Median grant size
$3.2M
Largest grant received
$6.3M
T
Tim Shepherd
Board Member
C
C R Shepherd
Board Member
S
Susan Wright
Board Member
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  • 3 funders
  • 5 board & team members
  • 12 historic 990s & financials
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Frequently Asked Questions

What is RESOURCES EXCHANGE ASSOCIATION’s budget?
In 2024, RESOURCES EXCHANGE ASSOCIATION reported an annual operating budget of around $2.6 million. More detailed financial information is available to registered users.
What causes does RESOURCES EXCHANGE ASSOCIATION support?
RESOURCES EXCHANGE ASSOCIATION supports work in Business promotion.
Where does RESOURCES EXCHANGE ASSOCIATION operate?
RESOURCES EXCHANGE ASSOCIATION is headquartered in Burlington, NC.
Who funded RESOURCES EXCHANGE ASSOCIATION recently?
In 2024, RESOURCES EXCHANGE ASSOCIATION received grants from THE NATIONAL ASSOCIATION FOR THE EXCHANGE OF INDUSTRIAL RESOURCES INC, AMERICAN ENDOWMENT FOUNDATION, and THE NATIONAL ASSOCIATION FOR THE EXCHANGE OF INDUSTRIAL RESOURCES INC. More information on this organization’s funders is available to registered users.
What is the largest grant RESOURCES EXCHANGE ASSOCIATION received in 2024?
The largest grant to RESOURCES EXCHANGE ASSOCIATION in 2024 exceeds $6.3 million.