Island Thrift
Donations deductibleRevenue
$1.3m
year to 31 December 2024
Expenses
$1.1m
year to 31 December 2024
Total assets
$1.7m
$22k liabilities
Net assets
$1.7m
assets less liabilities
Directors and trustees
14
6.8y av
Staff
22
employees, year to 31 December 2024
Left since last filing
0
no seats appear to have opened
Voting members
14
reported in Part VI
Island Thrift's network
14 people2 organisationsi14 people and 2 organisations on this map.The large node is the subject of this page. Solid lines are what the register itself records (14). Violet dotted lines (2) are likely: the same full name sits on the current board of another organisation in the same register and region. Form 990 filings give names without a person identifier; SEC insider filings carry a CIK. It may be a different person.The board
14 listediTime on the board is observed from the annual filings: the IRS files no appointment date, so the bar counts years from the first filing the person appears on - a lower bound, not a filed start date. Names are exactly as filed. The IRS publishes no person identifier, so this edition does not yet link a person across organisations in the tables. The network map shows same-name matches as likely links only, never as confirmed.Tenure and departures are observed across annual filings. Observed tenure is a lower bound - a member may have joined before the first year on record. The organisation reported 14 voting members of its governing body on its latest Form 990 Part VI, which matches the board listed here.| Name | Role as filed | Since | On the board |
|---|---|---|---|
| Alex Pfeiffer | President | 2018 | 8 yrs |
| Beth Munns | Board Member | 2018 | 8 yrs |
| Gary Berner | Board Member | 2018 | 8 yrs |
| Jan Hughes | Board Member | 2022 | 4 yrs |
| Jim Kotschwar | Company secretary | 2018 | 8 yrs |
| Jim Palmer | Board Member | 2020 | 6 yrs |
| Jim Slowik | Board Member | 2018 | 8 yrs |
| Joe Mosolino | Board Member | 2018 | 8 yrs |
| Julie Gammache | Board Member | 2024 | 2 yrs |
| Ken Eelkema | Board Member | 2019 | 7 yrs |
| Kyle Renninger | Vice President | 2019 | 7 yrs |
| LYN Bankowski | Board Member | 2022 | 4 yrs |
| PEG Shannon | Treasurer | 2018 | 8 yrs |
| Renee Hanks | Board Member | 2022 | 4 yrs |
Pay and hours
year to 31 December 2024iFrom Part VII of the Form 990: compensation reported for each officer, director, trustee, key employee and highest-paid staff member, and the average hours a week they report. Most board members are unpaid; a blank means nothing was reported. Pay from related organisations is shown separately.| Name | Title as filed | Hours a week | Pay from the organisation | Related organisations | Other |
|---|---|---|---|---|---|
| Alex Pfeiffer | President | 2 | $0 | ||
| Peg Shannon | Treasurer | 2 | $0 | ||
| Gary Berner | Board Member | 2 | $0 | ||
| Jim Kotschwar | Secretary | 2 | $0 | ||
| Joe Mosolino | Board Member | 2 | $0 | ||
| Beth Munns | Board Member | 2 | $0 | ||
| Jim Slowik | Board Member | 2 | $0 | ||
| Ken Eelkema | Board Member | 6 | $0 | ||
| Kyle Renninger | Vice President | 4 | $0 | ||
| Jim Palmer | Board Member | 2 | $0 | ||
| Lyn Bankowski | Board Member | 2 | $0 | ||
| Jan Hughes | Board Member | 2 | $0 | ||
| Renee Hanks | Board Member | 2 | $0 | ||
| Julie Gammache | Board Member | 2 | $0 |
No pay was reported for anyone in Part VII on this return.
About
- Legal name
- Island Thrift
- EIN
- 910996800
- Address
- 600 Se Barrington Dr, Oak Harbor, WA, 98277-3274
- State
- Washington
- Mission
- Island thrift is a nonprofit dedicated to helping whidbey islanders thrive. Through our effeciently run thrift store we offer an affordable shopping experience, a convenient way to donate gently used items, and a genrous community grants program. (as filed on the Form 990)
- Activity (NTEE)
- P29Z Human services
- IRS classification
- 501(c)03 (tax-exempt under section 501(c)(3) where shown)
- Classified purpose
- Human Services
- Size band
- 6 (IRS master file code)
- Formed
- 1977
- Principal officer
- Peg Shannon (as named on the Form 990)
- IRS ruling date
- 1 December 1977
- Status
- Code 01 (unconditional exemption)
- Form 990 filings on record
- 6, latest 2024
- IRS Publication 78
- PC (contributions deductible)
Most connected
Longest observed on the filings
≥8years on the filingsAlex Pfeiffer
≥8years on the filingsBeth Munns
≥8years on the filingsGary Berner
≥8years on the filingsJim Kotschwar
Latest return
year to 31 December 2024iFigures from the newest Form 990 or 990-EZ in the IRS e-file releases of 2025 and 2026, for the year ending 31 December 2024. US dollars, as filed.- Total assets
- $1.7m
- Total liabilities
- $22k
- Net assets or fund balances
- $1.7m
- Contributions and grants received
- $2k
- Program service revenue
- $0
- Grants and similar paid out
- $211k
- Employees
- 22
Filed finances
1 yeariTotals as filed on the IRS Form 990 (revenue and expenses), by tax year.| Tax year | Total revenue | Total expenses | Surplus or deficit |
|---|---|---|---|
| 2024 | $1.3m | $1.1m | $197k |
As filed on the IRS Form 990. US dollars.
Grants paid
14 listediFrom Schedule I of the Form 990: grants and assistance to organisations in the United States, largest first (up to 25). Schedule I is filed only by organisations that gave more than $5,000 to any one recipient.| Recipient | Purpose | Amount |
|---|---|---|
| Pby Memorial Foundation | Capital construction grant for a new museum building for the naval air museum in oak harbor wa as well as a matching grant event sponsorship | $30k |
| Oak Harbor Music Fesival | Matching grant event sponsorship for the oak harbor music festival to provide a free community music festival in oak harbor wa | $21k |
| Boys and Girls Club of Oak Harbor | Matching grant event sponsorship for the bids for kids dinner auction 2024 to raise funds to provide youth services in oak harbor wa | $20k |
| Island Senior Resources | Maching general operating support grant supporting meals on wheels prepared meals for senior aged people on whidbey island wa | $20k |
| Steps | Multi-year general operting support grant for early intervention therapy for children with developmental delays and their families on whidbe | $19k |
| Oak Harbor Senior Center | Multi-year general operating support grant to provide senior programming and a senior center for sinior age people in oak harbor wa | $14k |
| Whidbey Women's Clinic | Mulit-year general operating support grant to provide equipment, materials, and support to new parents and their babies on whidbey island wa | $12k |
| Soroptimist | For scholarships and support programs for women and gils on whidbey island wa | $10k |
| Whidbey Health Foundation | Even sponsorship grant for tur de whidbey 2023 to raise funds for community healthcare and the public hospital on whidbey island wa | $10k |
| Spin Cafe | Single year general operating support grant for providing hot meals to people experiencing homelessness in oak harbor wa | $9k |
| Big Brothers Big Sisters | General operating support to provide youth peer mentoring programs and services in island county wa | $8k |
| Nw Help House | Multi-year general operating support grant to purchase nutrisious food for low income people on north whidbey island wa | $6k |
| Mother Mentors | Single year general operating support grant for programs that support parents including in home mentoring, playscape pantry, and parent supp | $5k |
| Readiness to Learn | General operating support for programming for low income at-risk and students experiencing homelessness within the south whidbey school disr | $5k |