2024-10-31T16:36:40-04:00 2023-12-31 464193573 Frankford Tax Professionals LLC 2424 E York St Unit 327 Philadelphia PA 19125 990 2023-01-01 270493941 THE RESOURCE EXCHANGE RESO 1800 N AMERICAN STREET Philadelphia PA 19122 KARYN GERRED EXECUTIVE DIREC 2679970060 2024-09-27 true true Walter A Musial CPA P00847491 2679084882 2024-10-31 2023 2024-10-15 13:58:12Z KARYN GERRED 299726 false X WWW.THERESOURCEEXCHANGE.ORG X 2009 PA REUSE CENTER DEDICATED TO PROMOTING CREATIVE REUSE, RECYCLING AND RESOURCE CONSERVATION BY DIVERTING VALUABLE MATERIALS FROM THE WASTE STREAM AND REDIRECTING THEM TO ARTISTS, BUILDERS, EDUCATORS AND THE GENERAL PUBLIC. 11 11 11 0 0 25521 54023 206297 245703 0 0 231818 299726 0 0 134306 154742 0 0 88152 115619 222458 270361 9360 29365 125956 154158 6739 5576 119217 148582 REUSE CENTER DEDICATED TO PROMOTING CREATIVE REUSE, RECYCLING AND RESOURCE CONSERVATION BY DIVERTING VALUABLE MATERIALS FROM THE WASTE STREAM AND REDIRECTING THEM TO ARTISTS, BUILDERS, EDUCATORS AND THE GENERAL PUBLIC. false false 195541 245703 WE HAVE CHANNELED LOW COST, RECLAIMED MATERIALS INTO THEATRE AND FILM PRODUCTIONS, PUBLIC ART INSTALLATIONS, INDIVIDUAL ARTIST WORKS, COMMUNITY GARDENS, OUTDOOR CLASSROOMS AND GREEN BUILDING PROJECTS. SINCE 2009 THE ORGANIZATION HAS KEPT OVER 2 MILLION POUNDS OUT OF PHILADELPHIA LANDFILLS AND INCINERATORS. WE HOST MONTHLY MEETINGS AND PROMOTE LOCAL ARTIST WORKS IN THE GALLERY. 195541 true true false false false false false false false false false false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 true 11 true false false false false false false false false X 11 11 true false false false false false false true true false false true true true true true true true true false PA X KARYN GERRED 2673499220 1800 N AMERICAN STREET Philadelphia PA 19122 KARYN GERRED EXECUTIVE DIRECTOR CEO 50.00 0.00 X 43680 0 0 REBECCA TORRES PROGRAM STAFF 30.00 0.00 X 26223 0 0 JOSEPH T WHITFIELD PROGRAM STAFF 30.00 0.00 X 25055 0 0 DENISE GERRED DIRECTOR 1.00 0.00 X 0 0 0 KRISTIN BARRETT BROWN DIRECTOR 1.00 0.00 X 0 0 0 ALLISON HOBAN BOARD CHAIR 1.00 0.00 X 0 0 0 JAMES ZWOLAK DIRECTOR 1.00 0.00 X 0 0 0 FLORA VASSAR DIRECTOR 1.00 0.00 X 0 0 0 ROB WILLIAMSON BOARD TREASURER 1.00 0.00 X 0 0 0 KATE QUINN DIRECTOR 1.00 0.00 X 0 0 0 KRISTEN FINCH BOARD SECRETARY 1.00 0.00 X 0 0 0 DENNIS MADIGAN DIRECTOR 5.00 0.00 X 0 0 0 ERIKA KATZ DIRECTOR 1.00 0.00 X 0 0 0 94958 0 0 0 false false false 43623 10400 54023 REUSE CENTER 423000 245703 245703 245703 299726 245703 0 0 43680 43680 95100 95100 15962 11749 4213 2400 2400 107 107 7733 7733 415 415 67911 54329 13582 16060 12848 3212 MERCHANT FEES 6851 6851 PAYROLL PROCESSING FEES 4643 4643 PROGRAM EXPENSES 9499 9499 270361 195541 74820 0 104257 125699 21699 28459 125956 154158 5336 1403 5576 6739 5576 X 119217 148582 119217 148582 125956 154158 29365 0 X false false false X 47349 56120 89042 25521 54023 272055 121759 76025 132311 206297 245703 782095 169108 132145 221353 231818 299726 1054150 1054150 169108 132145 221353 231818 299726 1054150 1.00000 1.00000 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED NET LEASEHOLD IMPROVEMENTS 18459 SECURITY DEPOSITS 10000 28459 SALES TAX PAYABLE 1708 PAYROLL PAYABLE 1986 PAYROLL TAX PAYABLE 1031 GIFT CARDS PAYABLE 851 5576 Officer directors etc family relationship Part VI line 2 THE EXECUTIVE DIRECTOR / CEO, KARYN GERRED, AND ONE OF THE DIRECTORS, DENISE GERRED, ARE SIBLINGS. Form 990 governing body review Part VI line 11 THE FORM 990 WILL BE COMPLETED ANNUALLY AND COPIES WILL BE PROVIDED TO THE ENTIRE GOVERNING BOARD AS WELL AS THE PRESIDENT OF THE ORGANIZATION. AT THAT TIME THE PRESIDENT WILL REVIEW THE FORM 990 WITH THE TREASURER. ANY NECESSARY CHANGES WILL THEN BE UPDATED ON THE FORM. ONCE ALL NECESSARY CHANGES ARE MADE AND THE PRESIDENT IS IN AGREEMENT WITH THE TREASURER ON THE FINISHED FORM 990, IT WILL BE SIGNED BY THE TREASURER, DATED AND SUBMITTED BY THE FILING DEADLINE. A COPY OF THE APPROVED FORM 990 WILL BE PROVIDED TO ALL OF THE OFFICERS, DIRECTORS AND TRUSTEES BEFORE THE RETURN IS FILED. Conflict of interest policy compliance Part VI line 12c NO PART OF THE NET EARNINGS OF THE CORPORATION SHALL INURE TO THE BENEFIT OF, OR BE DISTRIBUTABLE TO ITS ANY BOARD MEMBER HAS A DUTY TO DISCLOSE ANY ACTUAL OR POSSIBLE CONFLICT OF INTEREST, THE EXISTENCE OF THE FINANCIAL INTEREST AND BE GIVEN THE OPPORTUNITY TO DISCLOSE ALL MATERIAL FACTS TO THE DIRECTORS AND MEMBERS OF COMMITTEES WITH GOVERNING BOARD DELEGATED POWERS CONSIDERING THE PROPOSED TRANSACTION OR ARRANGEMENT. CEO executive director top management comp Part VI line 15a CURRENTLY, THE ONLY BOARD MEMBER RECEIVING COMPENSATION IS THE EXECUTIVE DIRECTOR/CEO (KARYN GERRED). NO COMPENSATION IS PLANNED FOR ANY OF THE OTHER PRESENT BOARD MEMBERS, NOR IS ANY COMPENSATION PLANNED FOR THE NEAR-FUTURE. ANY COMPENSATION FOR BOARD MEMBERS MUST BE VOTED ON BY ALL CURRENT BOARD MEMBERS AND PASSED UNANIMOUSLY. RECORDS OF SUCH APPROVAL WILL BE RECORDED IN THE MINUTES OF THE BOARD OF DIRECTORS MEETING. Other officer or key employee compensation Part VI line 15b CURRENTLY, THE ONLY BOARD MEMBER RECEIVING COMPENSATION IS THE EXECUTIVE DIRECTOR/CEO (KARYN GERRED). NO COMPENSATION IS PLANNED FOR ANY OF THE OTHER PRESENT BOARD MEMBERS, NOR IS ANY COMPENSATION PLANNED FOR THE NEAR-FUTURE. ANY COMPENSATION FOR BOARD MEMBERS MUST BE VOTED ON BY ALL CURRENT BOARD MEMBERS AND PASSED UNANIMOUSLY. RECORDS OF SUCH APPROVAL WILL BE RECORDED IN THE MINUTES OF THE BOARD OF DIRECTORS MEETING. Governing documents etc available to public Part VI line 19 ALL GOVERNING DOCUMENTS ARE AVAILABLE TO THE GENERAL PUBLIC UPON REQUEST.