Overview
What is Memphis Farmers Market?
The Memphis Farmers Market is a nonprofit organization that plays a significant role in the community, catering to around 600,000 individuals. Its primary mission is to establish and sustain a local farmers market, serving as a beneficial platform for local farmers and artisans to showcase and market their products. By maintaining this cooperative, the market contributes positively to the citizens of Memphis, providing them with fresh produce and handcrafted items. The market's operation not only benefits the farmers and artisans by offering them a marketing platform but also enriches the community by offering a diverse selection of locally sourced products.
Is Memphis Farmers Market legitimate?
Memphis Farmers Market is a legitimate nonprofit organization registered as a 501(c)(4) entity. Memphis Farmers Market submitted a form 990EZ, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
What is the mission statement of Memphis Farmers Market?
The Memphis Farmers Market, as an organization, was established with the primary mission to create and manage a local market accessible to around 600,000 people. This market serves as a beneficial platform, providing local farmers and craftspeople with an opportunity to showcase and sell their products. The main goal of the organization is to maintain a farmers market cooperative, offering a venue where citizens can acquire fresh produce and handmade items while supporting their local community. The market's development and upkeep contribute to the local economy by providing a platform for local growers and artisans to showcase their products.
Who is the CEO of Memphis Farmers Market?
Diana Comes is the President of Memphis Farmers Market.
What is the revenue of Memphis Farmers Market?
Memphis Farmers Market's revenue in 2022 was $114,655.
Who are the executives of Memphis Farmers Market and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990EZ for Memphis Farmers Market?
Memphis Farmers Market's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Memphis Farmers Market
Memphis Farmers Market, as an organization, was established with the primary mission of establishing and sustaining a local farmers market accessible to around 600,000 residents. The market serves a dual purpose, benefiting both the citizens and providing local farmers and artisans with a platform to market their products. By maintaining this cooperative, Memphis Farmers Market contributes to the development and upkeep of a farmers market that caters to the needs of the Memphis community. The market offers opportunities for local growers and craftspeople to showcase and sell their produce and handmade goods, thereby fostering a mutually beneficial relationship between the consumers and producers.
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Impact
October, 2024
Memphis Farmers Market plays a vital role in enhancing the local economy and community wellbeing in Memphis. By providing a marketplace that connects approximately 600,000 residents with local farmers, growers, and artisans, it facilitates access to fresh produce and handmade goods. This not only supports the health and nutrition of the community but also fosters a strong sense of community engagement.
The market serves as a crucial marketing outlet for local farmers and craftspeople, enabling them to showcase and sell their products directly to consumers. This direct-to-consumer model allows producers to retain a larger share of their earnings, promoting economic sustainability for small agricultural businesses. Additionally, the market encourages local sourcing and supports sustainable farming practices, contributing to a more resilient local food system.
Beyond economic impact, Memphis Farmers Market fosters social interaction and community cohesion, creating a vibrant space where residents can gather, connect, and celebrate local culture. The market also provides educational opportunities, often hosting workshops and activities that promote awareness of food, nutrition, and agriculture.
Overall, the Memphis Farmers Market not only enriches the local economy but also enhances the quality of life in the Memphis area by nurturing relationships between residents, farmers, and artisans, and promoting a healthy, sustainable community.
This information is meant to be a general summary of Memphis Farmers Market. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $80
- Gross Receipts: $120,820
Assets and Liabilities:
- Total Assets: $191,252
- Total Liabilities: $3,975
- Net Assets: $187,277
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Organization Details
Principal Officer
Diana Comes
Main Address
114 N Main Street, Memphis, TN, 38103
NTEE Category
Code: K99 - Food
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