Public Charity

GM First & Second Thrift Store

Based in Grand Marais, MN, GM First & Second Thrift Store operates as a Public Charity. The organization reported $261K in revenue, $245K in expenses, $238K in total assets for fiscal year 2025. Imperigo tracks 21 reported grants from this foundation totaling approximately $218K.

EIN: 921036167 Grand Marais, MN Latest filing: 2025
Total Revenue$261K
Total Expenses$245K
Total Assets$238K
Grants Given21
Grant Total$218K
Filing Years2023–2025

Mission

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.

Sample Grants Given

Grand Marais, MN · 2025
Financial assistance in building affordable homes
$27,182
First Congregational Church
Grand Marais, MN · 2025
Program support
$15,625
Grand Marais, MN · 2025
Program support
$14,172
Arrowhead Animal Rescue
Grand Marais, MN · 2025
To provide funds for construction of a new facility
$12,195
Grand Marais, MN · 2025
Program support
$11,801

Showing up to 5 of 21 total records — full history available with membership.

Officers & Directors

President Ann Marie Mershon
Vice president Barb Backlund
Board member Chris Silence
Secretary Diane Debevec
Treasurer Gwendolyn Mattice
Board member Kathleen Johnson

Officer compensation and complete director data available with membership.

Top Grant Purposes

Program support
$80,258 8 grants
Financial assistance in building affordable homes
$27,182 1 grant
Program Support
$23,421 3 grants
Construction of housing in Cook County
$15,346 1 grant
Operating fund
$13,620 2 grants

Financial Trends

Year Revenue Expenses Assets
2025 $261K $245K $238K
2024 $233K $181K $221K
2023 $193K $35K $169K

Between 2023 and 2025, reported annual revenue grew from $193K to $261K (+35%), with total assets most recently reported at $238K.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in MN.

MN

Full geographic grant map with state-by-state breakdown available with membership.

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