GM First & Second Thrift Store
To raise money for local nonprofit through the sale of donated goods; To work with social services and local churches to provide clothing and household goods to people in need; To decrease the amount of clothing and household goods going to a landfill; To offer a source of lightly used goods for a affordable price; To offer community members a place to volunteer their time while supporting local nonprofits.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$221K
+30.6% YoY
Annual Giving
$66K
Grant Count
7
Avg Grant Size
$9K
About GM First & Second Thrift Store
Based on IRS filings
GM First & Second Thrift Store is a nonprofit organization focused on Community Improvement & Capacity Building, based in GRAND MARAIS, MN. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $221K in total assets. In 2024, it awarded 7 grants totaling $66K. Net investment income was $4K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 |
|---|---|---|
| Total Assets | $221,397 | $169,462 |
| Revenue | $233,070 | $193,333 |
| Expenses | $180,539 | $34,919 |
| Qualifying Distributions | — | — |
| Net Investment Income | $3,614 | — |
| Distributable Amount | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Hamilton Habitat ($15,346), First Congregational Church ($13,181), Grand Marais Playhouse ($10,236).
| Recipient | Purpose | Amount |
|---|---|---|
| Arrowhead Animal Rescue Grand Marais, MN | To contribute to a building for stray animals | $5,881 |
| Bethlehem Lutheran Church Grand Marais, MN | Operating fund | $7,002 |
| Cook County Council on Aging Grand Marais, MN | Operating fund | $6,618 |
| First Congregational Church Grand Marais, MN | Operating fund including building renovation | $13,181 |
| Grand Marais Playhouse Grand Marais, MN | Summer theater production and workshops | $10,236 |
| Hamilton Habitat Grand Marais, MN | Construction of housing in Cook County | $15,346 |
| Violence Prevention Center Grand Marais, MN | Programs to support victims of violence | $7,808 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Ann Marie Mershon | President | 13 | — |
| Barb Backlund | Vice president | 1 | — |
| Diane DeBevec | Secretary | 7 | — |
| Gwendolyn Mattice | Treasurer | 9 | — |
| Lois Johnson | Board member | 1 | — |
| Chris Silence | Board member | 15 | — |
| Renee Larsen | Board member | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is GM First & Second Thrift Store?
GM First & Second Thrift Store is a nonprofit organization focused on Community Improvement & Capacity Building, based in GRAND MARAIS, MN. It holds $221K in total assets as of 2024.
How large is GM First & Second Thrift Store?
As of 2024, GM First & Second Thrift Store holds $221K in total assets with $233K in annual revenue. It awarded 7 grants totaling $66K in 2024.
Where does GM First & Second Thrift Store operate?
GM First & Second Thrift Store has awarded grants in Minnesota.
What size grants does GM First & Second Thrift Store award?
In 2024, GM First & Second Thrift Store awarded 7 grants totaling $66K — an average of about $9K per grant, based on its IRS Form 990 filings.
What is GM First & Second Thrift Store's EIN?
GM First & Second Thrift Store's EIN (Employer Identification Number) is 92-1036167. IRS Form 990 filing data is available on this page for 2023–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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