Overview
What is Farmers' Market Federation Of New York Inc?
Farmers' Market Federation of New York Inc is a nonprofit organization located in Syracuse, New York. Its primary mission is to bolster and promote the thriving nature of farmers' markets by leveraging innovative services, programs, and collaborations. By doing so, the organization aims to maximize the advantages of these markets for vendors, consumers, and the surrounding communities. One of their key initiatives involves facilitating access to farmers' markets for low-income consumers through wireless POS devices, training, promotion, and strategic partnerships. The nonprofit currently employs a team of three individuals.
Official website here: www.nyfarmersmarket.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
The Farmers' Market Federation of New York Inc has received an exceptional Four-Star rating from Charity Navigator, indicating a strong commitment to accountability and finance. This rating is based entirely on their outstanding performance in financial metrics, reflecting the organization's effective management and responsible use of resources.
Strengths highlighted include a fully independent board, with 100% of members not affiliated with the organization, ensuring unbiased governance. Their financial statements are reviewed regularly, and they maintain a low ratio of liabilities to assets, showcasing their financial stability. Additionally, the organization adheres to best practices with well-defined policies on conflicts of interest, whistleblowing, and document retention.
No significant limitations or areas of concern were noted in the feedback, suggesting that the Farmers' Market Federation operates with transparency and integrity, making them a trustworthy choice for donors and supporters focused on enhancing local food markets.
This AI summary has been generated from information found on Charity Navigator.
Is Farmers' Market Federation Of New York Inc legitimate?
Farmers' Market Federation Of New York Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Farmers' Market Federation Of New York Inc submitted a form 990, 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $99,897
Professional Fundraising Fees: $0
Other Salaries and Wages: $51,920
For more financial information, click here
Official website here: www.nyfarmersmarket.com
What is the mission statement of Farmers' Market Federation Of New York Inc?
The Farmers' Market Federation of New York Inc. is committed to supporting and promoting the viability of farmers' markets. They achieve this goal through innovative services, programs, and partnerships that enhance the benefits of markets for both sellers and buyers, as well as the broader community. By doing so, they aim to maximize the potential of farmers' markets as a valuable resource for all involved. One of their initiatives is the use of wireless technology, which provides low-income consumers with easier access to farmers' markets through wireless point-of-sale devices, training, promotion, and partnerships.
Official website here: www.nyfarmersmarket.com
Who is the CEO of Farmers' Market Federation Of New York Inc?
Margaret O'Neill is the President of Farmers' Market Federation Of New York Inc.
Official website here: www.nyfarmersmarket.com
What is the revenue of Farmers' Market Federation Of New York Inc?
Farmers' Market Federation Of New York Inc's revenue in 2023 was $865,093.
Official website here: www.nyfarmersmarket.com
Who are the executives of Farmers' Market Federation Of New York Inc and what are their salaries?
The average compensation at Farmers' Market Federation Of New York Inc during 2023 was $50,606. There are 3 employees at Farmers' Market Federation Of New York Inc.
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Official website here: www.nyfarmersmarket.com
Where can I find the form 990 for Farmers' Market Federation Of New York Inc?
Farmers' Market Federation Of New York Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nyfarmersmarket.com
Learn more at the official website: www.nyfarmersmarket.com
Mission Statement of Farmers' Market Federation Of New York Inc
The Farmers' Market Federation of New York Inc is committed to fostering and enhancing the viability of farmers' markets. They achieve this goal by employing innovative services, programs, and partnerships. The primary objective of these initiatives is to maximize the benefits of farmers' markets for both sellers and buyers, as well as the broader community.
In a bid to make farmers' markets more accessible, Farmers' Market Federation of New York Inc focuses on wireless technology. They provide low-income consumers with wireless Point of Sale (POS) devices, training, promotion, and partnerships. This strategy enables these consumers to conveniently purchase fresh produce and other products directly from farmers' markets, thereby fostering a stronger connection between producers and consumers. By implementing these solutions, the Federation aims to boost the overall success of farmers' markets, benefiting everyone involved.
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Impact
October, 2024
Farmers' Market Federation of New York Inc significantly enhances the viability of farmers' markets throughout the state by implementing innovative services and programs. By focusing on partnerships and support, it maximizes the benefits of these markets for sellers, buyers, and the surrounding communities.
One key area of impact is the introduction of wireless technology, which increases access to farmers' markets for low-income consumers. This initiative includes the deployment of wireless POS devices, comprehensive training, and promotion efforts, enabling a broader demographic to participate in and benefit from local markets. Their work not only supports local farmers and small businesses but also fosters community engagement and strengthens local food systems, providing fresh produce and other goods to diverse populations.
Overall, the Federation's efforts contribute to healthier communities, enhanced economic opportunities for local producers, and improved access to nutritious food for all residents.
This information is meant to be a general summary of Farmers' Market Federation Of New York Inc. 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 2023.
- Investment Income: $8,981
- Program Service Revenue: $608,461
- Gross Receipts: $865,093
Assets and Liabilities:
- Total Assets: $2,162,627
- Total Liabilities: $97,138
- Net Assets: $2,065,489
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM FEES
Revenue
$17,059
COUPON SERVICES FEES
Revenue
$591,402
Organization Details
Founding Year
1999
Phone
(315) 400-1449Principal Officer
Margaret O'Neill
Main Address
109 TWIN OAKS DRIVE, SYRACUSE, NY, 13206
Website
www.nyfarmersmarket.comNTEE Category
Code: K20 - Food
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