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Nonprofit · EIN 27-0493941

RESOURCE EXCHANGE

Tax-exempt · PHILADELPHIA, PA 19122

Financials

$300K$270K2023$304K$324K2024
Revenue Expenses · by fiscal year end
Financials of RESOURCE EXCHANGE by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$303,956$323,940-$19,984$132,100$3,502$128,598
December 31, 2023990$299,726$270,361$29,365$154,158$5,576$148,582
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$25,716
of which government grants
$16,574
Program service revenue
$278,240
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$47,168
Other salaries and wages
$116,294
Salaries, compensation and benefits (total)
$180,931
Professional fundraising fees
$0
Accounting fees
$2,565
Occupancy
$78,539
Program services (functional)
$249,238
Management and general (functional)
$74,702

Balance sheet and other

Total assets, start of year
$154,158
Total assets, end of year
$132,100
Total liabilities, end of year
$3,502
Net assets, end of year
$128,598
Net assets without donor restrictions
$128,598
Gross receipts
$303,956
Employees
8
Year formed
2009
State of legal domicile
PA

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 / weekCompensation
KARYN GERREDEXECUTIVE DIRECTOR CEO
Officer
50$47,168
ROB WILLIAMSONBOARD TREASURER
Officer
1$0
FLORA VASSARBOARD SECRETARY
Officer
1$0
ERIKA KATZDIRECTOR
Officer
1$0
DENNIS MADIGANDIRECTOR
Officer
5$0
DENISE GERREDDIRECTOR
Officer
1$0
JAMES ZWOLAKDIRECTOR
Officer
1$0
ALLISON HOBANBOARD CHAIR
Officer
1$0
REBECCA TORRESPROGRAM STAFF
Key employee
30$0
REBECCA TORRESPROGRAM STAFF
Key employee
30$0
JOSEPH WHITFIELDPROGRAM STAFF
Key employee
30$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
KARYN GERREDEXECUTIVE DIRECTOR CEO
Officer
50$43,680
REBECCA TORRESPROGRAM STAFF
Highest-paid employee
30$26,223
JOSEPH T WHITFIELDPROGRAM STAFF
Highest-paid employee
30$25,055
DENISE GERREDDIRECTOR
Officer
1$0
KRISTIN BARRETT BROWNDIRECTOR
Officer
1$0
ALLISON HOBANBOARD CHAIR
Officer
1$0
JAMES ZWOLAKDIRECTOR
Officer
1$0
FLORA VASSARDIRECTOR
Officer
1$0
ROB WILLIAMSONBOARD TREASURER
Officer
1$0
KATE QUINNDIRECTOR
Officer
1$0
KRISTEN FINCHBOARD SECRETARY
Officer
1$0
DENNIS MADIGANDIRECTOR
Officer
5$0
ERIKA KATZDIRECTOR
Officer
1$0

Address and contacts

Address (IRS master file)
1800 N AMERICAN ST, PHILADELPHIA, PA 19122-2300
In care of
% KARYN GERRED
Mailing address (990-N for 2011)
1114 N 4th Street, Philadelphia PA 19123
Principal officer (990 for 2024)
KARYN GERRED, 1800 N AMERICAN STREET, PHILADELPHIA, PA 19122
Principal officer (990-N for 2011)
Karyn Gerred, 1114 N 4th Street, Philadelphia PA 19123
Signed the 990
ROB WILLIAMSON, TREASURER
Phone
(267) 997-0060
Return prepared by
Frankford Tax Professionals LLC

Mission

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.

990 for the year ended December 31, 2024

Program accomplishments

  • 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.
    Expenses $249,238 · revenue $278,240

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, 2026No data
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
27-0493941
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2011
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Environment (C99)
Assets (IRS master file)
$185,307
Income (IRS master file)
$389,724

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$303,956$323,940$132,100XML
990December 2023$299,726$270,361$154,158XML
990December 2022$231,818$222,458$125,956IRS
990December 2021–––IRS
990-EZDecember 2020–––IRS
990-EZDecember 2018–––IRS
990-N for 2011
Officer: Karyn Gerred
December 31, 2011≤ $50,000 receipts––e-Postcard

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about RESOURCE EXCHANGE

What is the EIN of RESOURCE EXCHANGE?
The employer identification number (EIN) of RESOURCE EXCHANGE is 27-0493941.
Is RESOURCE EXCHANGE tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2011.
Are donations to RESOURCE EXCHANGE tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does RESOURCE EXCHANGE 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 RESOURCE EXCHANGE due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did RESOURCE EXCHANGE 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 RESOURCE EXCHANGE?
The 990 for the year ended December 31, 2024 names KARYN GERRED.
Who are the officers and directors of RESOURCE EXCHANGE?
The 990 for the year ended December 31, 2024 lists 11 people; 1 received compensation from the organization, the highest $47,168 (KARYN GERRED, EXECUTIVE DIRECTOR CEO).
How much revenue does RESOURCE EXCHANGE have?
On its 990 for the year ended December 31, 2024 it reported revenue of $303,956, expenses of $323,940 and total assets of $132,100 at year end.

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