Storehouse West Inc

Organization Overview

Storehouse West Inc is located in Rio Rancho, NM. The organization was established in 1992. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 03/2023, Storehouse West Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Storehouse West Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 03/2023, Storehouse West Inc generated $559.7k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $559.6k during the year ending 03/2023. While expenses have increased by 9.8% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

STOREHOUSE WEST IS A NON-PROFIT TAX-EXEMPT VOLUNTEER-STAFFED CORPORATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE; A COMMUNITY- SUPPORTED AGENCY PROVIDING FOOD AND HYGIENE SUPPLIES TO FAMILIES AND INDIVIDUALS EXPERIENCING SHORT-TERM AND LONG-TERM NEED, PROVIDING GENTLY- USED AND NEW CLOTHING TO CHILDREN FROM INFANCY TO MIDDLE-SCHOOL AGE, SPECIAL SENIOR CITIZEN PROGRAMS AND SOME FUNDING FOR RENT/MORTGAGE/UTILITY ASSISTANCE FOR RESIDENTS OF SANDOVAL COUNTY. STOREHOUSE WEST, INCORPORATED IS ORGANIZED EXCLUSIVELY FOR CHARITABLE PURPOSES, I.E., THE DISTRIBUTION OF FOOD, CHILDREN 'S CLOTHING AND HYGIENE PRODUCTS TO FAMILIES AND INDIVIDUALS NEEDING SUCH ASSISTANCE, AND SUCH SERVICES AS ARE APPROPRIATE UNDER SECTION 501 (C) 3 OF THE INTERNAL REVENUE CODE, OR CORRESPONDING SECTION OF ANY FEDERAL TAX CODE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE FOOD AND CLOTHING AND OTHER EMERGENCY PROGRAMS ON A SHORT-TERM BASIS TO INDIVIDUALS AND FAMILIES IN NEED.


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Board, Officers & Key Employees

Name (title)Compensation
Kathryn Westmoreland
Chair
$0
Shelley Havill
Vice Chair
$0
Misty Schuck
Treasurer
$0
Claudia Rhodus
Secretary
$0
Geleta Smith
Director
$0
John Brant
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$499,974
Noncash contributions included in lines 1a–1f $355,027
Total Revenue from Contributions, Gifts, Grants & Similar$499,974
Total Program Service Revenue$55,755
Investment income $228
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $3,720
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $559,677

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