BBB Reliability Report for
ARC Thrift Stores
|Name:||ARC Thrift Stores|
|Address:||12345 W Alameda Pkwy STE 111 |
|Lakewood, CO 80228-2827|
|Report Creation Date:||December 12, 2014|
|Report Expiration Date:||December 12, 2016|
|Original Business Start Date:||January 1968|
|Principal:||Mr. Lloyd Lewis, President and CEO|
|Customer Contact:||Mr. Lloyd Lewis, President and CEO|
|Incorporated:||January 1968, CO|
|Type of Business:||Charity - Local, Charity - Human Services (i.e. assistance to individuals & families)|
|BBB Accreditation:||This organization is a BBB Accredited Charity.|
ARC Thrift Stores mission is to enhance the lives of individuals with intellectual/developmental disabilities and their families by providing funding to support the 12 Arc and ACL Chapters in Colorado. Arc Chapters provide advocacy and support to persons with intellectual/developmental disabilities which may include Down syndrome, autism and cerebral palsy.
This organization has been evaluated according to the 20 BBB Standards for Charity Accountability. This organization meets all those Standards and is a BBB Accredited Charity.
BBB Charity Seal Participation
Charities that meet the Standards for Charity Accountability are eligible to participate in BBB Wise Giving Alliance Charity Seal program. The seal, which can be displayed on the charity's web site and in printed materials, helps inform the public that the charity meets these standards. This organization participates in this program.
ARC Thrift Stores is the fund-raising arm of the Metropolitan ARC (MARC). Founded in 1963, it supports the local ARC chapters in their mission. It owns and operates 22 stores in metro Denver, Colorado Springs, Ft. Collins, Greeley and Pueblo.
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
According to ARC Thrift Stores's Audited Financial Statements for the year ended September 29, 2013:
* Excess for the year indicates the portion of income remaining after expenses.
BBB processed a total of 3 complaints about this organization in the last 36 months, our standard reporting period.
All charitable organizations soliciting contributions in Colorado -- with a few specific exceptions listed in the Charitable Solicitations Act at 6-16-104(6)(a)-(c), C.R.S. -- must submit an initial registration statement with the Secretary of State and receive a registration number. After the initial registration, annual registration statements must be renewed each year by the 5th day of the fifth month after the close of the organizationâ€™s fiscal year. In addition, all solicitation campaigns utilizing paid solicitors as defined at 6-16-103(7), C.R.S. must be listed on separate Solicitation Notices, which should be filed online by the paid solicitor.
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An organization may change its practices at any time without notice. Donors must decide for themselves the significance of any variation from BBB Standards, taking into account the relative importance of the practice in question in the context of the organization's total performance.
This report reflects the results of an evaluation of informational materials provided voluntarily by the organization. The report is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgement.
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