Last Sheaf Building Materials Exchange
- Assets
- $953.3k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 3
- Location
- Durham, ME
- Founding
- Data as of
- 12/2023
- EIN
- 93-2304365
Organization Overview
Last Sheaf Building Materials Exchange is located in Durham, ME. 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 12/2023, Last Sheaf Building Materials Exchange employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Last Sheaf Building Materials Exchange is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO BENEFIT LOW-INCOME HOMEOWNERS, AND TO REDUCE WASTE IN THE ENVIRONMENT BY REPURPOSING SURPLUS BUILDING MATERIALS, ENABLING LOW INCOME HOMEOWNERS TO BETTER MAINTAIN THEIR HOMES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE LAST SHEAF BUILDING MATERIALS EXCHANGE OFFERS A VARIETY OF NEW, USED, AND SALVAGED BUILDING MATERIALS, TOOLS, AND SUPPLIES AT GREATLY REDUCED PRICES. ANYONE CAN SHOP AT THE BME AND TAKE ADVANTAGE OF THE GREAT PRICES WE OFFER, BUT THE GREATEST DISCOUNTS ARE RESERVED FOR LOW INCOME HOMEOWNERS AND THOSE MOST IN NEED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jordan Keller Chairman | OfficerTrustee | 3 | $0 |
Brad Nell Vice Chairman | OfficerTrustee | 2 | $0 |
Nathan Meyers Secretary | OfficerTrustee | 2 | $0 |
Joshua Minnich Treasurer | OfficerTrustee | 2 | $0 |
Mark Bucher Board Member | Trustee | 1 | $0 |
Philip Newcomer Board Member | Trustee | 1 | $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 | $1,002,527 |
| Noncash contributions included in lines 1a–1f | $537,904 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,002,527 |
| Total Program Service Revenue | $0 |
| Investment income | $15 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | -$2,427 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,000,115 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $23,660 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $2,315 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,424 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,288 |
| Office expenses | $1,341 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,333 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,784 |
| Insurance | $970 |
| All other expenses | $1,951 |
| Total functional expenses | $50,109 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,240 |
| Savings and temporary cash investments | $29,306 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $629,815 |
| Prepaid expenses and deferred charges | $1,461 |
| Net Land, buildings, and equipment | $249,212 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,300 |
| Total assets | $953,334 |
| Accounts payable and accrued expenses | $3,328 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,328 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $950,006 |
| Total liabilities and net assets/fund balances | $953,334 |