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Nonprofit · EIN 26-2093547

FINGER LAKES REUSE INC

Tax-exempt · ITHACA, NY 14850

Financials

$3.2M$3.5M2023$3.7M$3.8M2024
Revenue Expenses · by fiscal year end
Financials of FINGER LAKES REUSE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$3,671,341$3,849,497-$178,156$1,889,653$3,142,212-$1,252,559
December 31, 2023990$3,198,268$3,480,500-$282,232$1,792,311$2,866,714-$1,074,403
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,080,897
of which government grants
$641,108
Program service revenue
$119,560
Investment income
$50
Net income from sales of inventory
$2,470,834
Other revenue
$2,470,834

Expenses

Grants and similar amounts paid
$12,149
Compensation of officers, directors and key employees
$105,833
Other salaries and wages
$2,251,484
Salaries, compensation and benefits (total)
$2,877,032
Professional fundraising fees
$0
Legal fees
$1,125
Accounting fees
$15,000
Occupancy
$323,725
Travel
$4,341
Depreciation
$104,182
Program services (functional)
$3,196,585
Management and general (functional)
$649,799
Fundraising (functional)
$3,113

Balance sheet and other

Total assets, start of year
$1,792,311
Total assets, end of year
$1,889,653
Total liabilities, end of year
$3,142,212
Net assets, end of year
-$1,252,559
Land, buildings and equipment
$1,546,913
Net assets without donor restrictions
-$1,395,559
Net assets with donor restrictions
$143,000
Gross receipts
$3,676,941
Employees
122
Volunteers
648
Year formed
2007
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
DIANE COHENCHIEF EXECUTIVE OFFICER
Officer
40$95,607$10,226
GIDEON STONEPRESIDENT
Trustee or director, Officer
2$0$0
JAN RHODES NORMANDIRECTOR
Trustee or director
2$0$0
JODIE HERBERTDIRECTOR
Trustee or director
2$0$0
JOHN LEMLEYDIRECTOR
Trustee or director
2$0$0
MARIA THOMADAKIDIRECTOR
Trustee or director
2$0$0
MARSHALL MCCORMICKDIRECTOR
Trustee or director
2$0$0
MEGAN MCDONALDDIRECTOR
Trustee or director
2$0$0
PATRICIA BROWNTREASURER & SECRETARY
Trustee or director, Officer
2$0$0
YAYOI KOIZUMIDIRECTOR
Trustee or director
2$0$0
ELIZABETH BODNERDIRECTOR
Trustee or director
2$0$0
PAUL MAZZERELLADIRECTOR
Trustee or director
2$0$0
RAYMOND SCHLATHERDIRECTOR
Trustee or director
2$0$0
VICKI TAYLOR BROUSDIRECTOR
Trustee or director
2$0$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensationOther / benefits
DIANE COHENCHIEF EXECUTIVE OFFICER
Officer
40$85,763$9,314
MARSHALL MCCORMICKDIRECTOR
Trustee or director
2$0$0
JODIE HERBERTDIRECTOR
Trustee or director
2$0$0
JOHN LEMLEYDIRECTOR
Trustee or director
2$0$0
MEGAN MCDONALDDIRECTOR
Trustee or director
2$0$0
JAN RHODES NORMANDIRECTOR
Trustee or director
2$0$0
PATRICIA BROWNTREASURER & SECRETARY
Trustee or director, Officer
2$0$0
MARIA THOMADAKIDIRECTOR
Trustee or director
2$0$0
YAYOI KOIZUMIDIRECTOR
Trustee or director
2$0$0
GIDEON STONEPRESIDENT
Trustee or director, Officer
2$0$0

Address and contacts

Address (IRS master file)
214 ELMIRA RD, ITHACA, NY 14850-5302
In care of
% DIANE COHEN
Principal officer (990 for 2024)
DIANE COHEN, 214 ELMIRA RD, ITHACA, NY 14850
Signed the 990
DIANE COHEN, CHIEF EXECUTIVE OFFICER
Phone
(607) 257-9699
Return prepared by
INSERO ADVISORS LLC

Mission

ENHANCING COMMUNITY, ECONOMY AND ENVIRONMENT THROUGH REUSE.

990 for the year ended December 31, 2024

Program accomplishments

  • COMMUNITY REUSE CENTERS: OPEN TO THE PUBLIC DAILY, FINGER LAKES REUSE CONTINUED TO OPERATE TWO LOCATIONS. THESE CENTERS PROVIDE A CONVENIENT, ACCESSIBLE LOCATION WHERE ANYONE CAN DONATE REUSABLE MATERIALS, PURCHASE AFFORDABLE GOODS, ENGAGE IN JOB TRAINING OPPORTUNITIES, AND LEARN REUSE-RELATED SKILLS. SHOPPERS MADE AN ESTIMATED 199,983 VISITS TO REUSE COMMUNITY CENTERS IN 2024. 811,821 ITEMS, AN ESTIMATED 1,351 TONS OF MATERIALS WERE DIVERTED FROM POTENTIALLY ENDING UP IN LANDFILLS THIS YEAR, A POTENTIAL SAVINGS OF $129,696.00 IN WASTE FEES TO TOMPKINS COUNTY RESIDENTS.
    Expenses $2,854,440 · revenue $2,532,161
  • COMMUNITY EDUCATION AND OUTREACH: THE RESET (REUSE SKILLS AND EMPLOYMENT TRAINING) PROGRAM PROVIDES FREE JOB SKILLS TRAINING OPPORTUNITIES AS WELL AS SEVERAL PAIDAPPRENTICESHIP OPPORTUNITIES EACH YEAR FOR LOCAL PEOPLE WHO ARE UNDER-EMPLOYED, LOW-INCOME OR ARE EXPERIENCING BARRIERS TO EMPLOYMENT. IN 2024 TRAININGS WERE OFFERED IN RETAIL CUSTOMER SERVICE AND GREEN JOB SKILLS, WITH 26 PARTICIPANTS.
    Expenses $94,753 · grants $12,149
  • ECENTER COMPUTER REPAIR AND REFURBISHMENT:THIS PROGRAM REDUCES THE VOLUME OF WASTE CAUSED BY COMPUTER AND ELECTRONICS RECYCLING AND DISPOSAL AND HELPS SUPPLY LOW-INCOME FAMILIES, LOCAL NONPROFITS AND THE GENERAL PUBLIC WITH LOW-COST COMPUTERS AND TECHNICAL SUPPORT. IN 2024, 2,079 REFURBISHED DESKTOPS, LAPTOPS, TABLETS AND CELLPHONES WERE MADE AVAILABLE LOCALLY THROUGH FINGER LAKES REUSE CENTERS.
    Expenses $58,871 · revenue $58,233
  • REUSE MATERIALS ACCESS PROGRAM (REMAP):PROVIDES DIRECT RELIEF TO PEOPLE AND COMMUNITY PROGRAMS IN NEED OF MATERIALS. IN 2024 THIS PROGRAM COLLABORATED WITH 26 PARTNER AGENCIES TO PROVIDE 904 HOUSEHOLDS WITH MATERIALS FOR FREE, INCLUDING DELIVERY WHEN POSSIBLE.
    Expenses $188,521

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
26-2093547
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2008
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Environment (C27)
Assets (IRS master file)
$1,889,653
Income (IRS master file)
$3,676,941

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$3,671,341$3,849,497$1,889,653IRS
990December 2023$3,198,268$3,480,500$1,792,311XML
990December 2022$3,196,635$3,498,286$2,214,196IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 26-2093547).

Questions about FINGER LAKES REUSE INC

What is the EIN of FINGER LAKES REUSE INC?
The employer identification number (EIN) of FINGER LAKES REUSE INC is 26-2093547.
Is FINGER LAKES REUSE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
Are donations to FINGER LAKES REUSE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FINGER LAKES REUSE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of FINGER LAKES REUSE INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FINGER LAKES REUSE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of FINGER LAKES REUSE INC?
The 990 for the year ended December 31, 2024 names DIANE COHEN.
Who are the officers and directors of FINGER LAKES REUSE INC?
The 990 for the year ended December 31, 2024 lists 14 people; 1 received compensation from the organization, the highest $95,607 (DIANE COHEN, CHIEF EXECUTIVE OFFICER).
How much revenue does FINGER LAKES REUSE INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $3,671,341, expenses of $3,849,497 and total assets of $1,889,653 at year end.

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