Overview
What is Alchemist Cdc?
Alchemist CDC is a nonprofit organization based in Sacramento, California, with a mission to connect under-resourced communities to land, food, and opportunities. They are renowned for enhancing the quality of life in these areas by improving access to nutritious foods, implementing community-supported public green spaces, and fostering economic self-sufficiency through business entrepreneurship. Alchemist CDC's activities extend to facilitating equitable access to healthy food for low-income populations, primarily through their Farmers' Market Programs. They provide Calfresh processing services for local markets, offer technical assistance, and co-sponsor legislation to ensure high-quality EBT access at certified farmers' markets. Their Market Match Incentive Program, a key initiative, empowers low-income shoppers to make healthy food choices by overcoming financial barriers, thereby supporting local economies and fostering civic engagement. In 2022, Alchemist CDC processed over 39,000 Calfresh transactions and distributed incentives to thousands of low-income households.
Official website here: www.alchemistcdc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Stars)
Alchemist Cdc has received a solid Three-Star rating from Charity Navigator, reflecting its strong performance in key areas like accountability and community engagement. With an impressive Accountability & Finance score of 83%, the organization demonstrates a commitment to responsible financial practices, highlighted by a program expense ratio of over 85%. This suggests that a significant portion of its funding is directed towards its programs rather than administrative costs.
The organization excels in its Culture & Community engagement, scoring 95%, indicating a robust strategy for constituent feedback. With perfect scores in feedback collection, usage, and practices, Alchemist Cdc shows that it actively seeks and utilizes input from the community it serves, ensuring that its programs align with constituent needs. Additionally, its equity strategies score of 93 highlights its focus on inclusivity and equitable practices.
Despite these strengths, there are some areas for improvement, particularly in equity policies and processes where the organization scored 4 out of 7 points. This suggests that while it has strong equity strategies in place, there is still room to enhance policy implementation and operational processes to further bolster its commitment to equity within its community programs.
This AI summary has been generated from information found on Charity Navigator.
Is Alchemist Cdc legitimate?
Alchemist Cdc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alchemist Cdc 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: $86,127
Professional Fundraising Fees: $0
Other Salaries and Wages: $419,341
For more financial information, click here
Official website here: www.alchemistcdc.org
What is the mission statement of Alchemist Cdc?
Alchemist CDC's mission is centered around connecting communities in the Sacramento area to essential resources, specifically land, food, and opportunities. Their goal is to create vibrant, equitable, healthy, and diverse neighborhoods. They are recognized for improving the quality of life in under-resourced communities by enhancing access to nutritious food, implementing community-supported public green spaces, and fostering economic self-sufficiency through business entrepreneurship.
Official website here: www.alchemistcdc.org
What is the revenue of Alchemist Cdc?
Alchemist Cdc's revenue in 2023 was $1,172,050.
Official website here: www.alchemistcdc.org
Who are the executives of Alchemist Cdc and what are their salaries?
The average compensation at Alchemist Cdc during 2023 was $21,061. There are 24 employees and 236 volunteers at Alchemist Cdc.
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Official website here: www.alchemistcdc.org
Where can I find the form 990 for Alchemist Cdc?
Alchemist Cdc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.alchemistcdc.org
Learn more at the official website: www.alchemistcdc.org
Mission Statement of Alchemist Cdc
Alchemist CDC, an organization dedicated to connecting communities, strives towards a vision where all neighborhoods become vibrant, equitable, healthy, and diverse. Their primary mission is to bridge the gap between Sacramento area communities and essential resources such as land, food, and opportunities. They are renowned for enhancing the quality of life in under-resourced communities. Alchemist CDC achieves this by improving access to nutritious foods, implementing community-supported public green spaces, and fostering economic self-sufficiency through business entrepreneurship. This holistic approach empowers communities to thrive and grow in a sustainable manner, ultimately fostering a more equitable and vibrant society.
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Impact
August, 2024
Alchemist CDC's impact can be seen in the significant strides it has made in connecting Sacramento area communities to land, food, and opportunities. Through their farmers' market programs, Alchemist CDC has provided essential services such as CalFresh processing for 9 farmers' markets and technical assistance for an additional 13 markets and farm stands. This initiative ensures that low-income populations have equitable access to healthy food.
In 2022, Alchemist CDC partnered with NextGen Policy to co-sponsor SB907 (PAN): Local, Equitable, Access to Food (LEAF), which was successfully signed into law. This legislation, once funded, will direct state funds to certified farmers' markets in California to provide high-quality EBT access and technical assistance support. Alchemist CDC also offered CalFresh application assistance and implemented the Market Match incentive program, which matches CalFresh benefits spent at farmers' markets. This program empowers low-income shoppers to make healthy food choices, supports job creation, local economic development, and civic engagement, leveraging the benefits of farmers' markets for the broader community.
In the same year, Alchemist CDC processed 39,673 CalFresh transactions and facilitated the distribution of $732,607 in CalFresh benefits and $523,784 in Market Match incentives to low-income households. Their work not only enhances the quality of life in under-resourced communities by improving access to nutritious foods but also implements community-supported public green spaces and fosters economic self-sufficiency through business entrepreneurship. Alchemist CDC is best known for its dedication to creating vibrant, equitable, healthy, and diverse neighborhoods in Sacramento.
This information is meant to be a general summary of Alchemist Cdc. 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: $5,074
- Program Service Revenue: $183,014
- Gross Receipts: $1,190,593
Assets and Liabilities:
- Total Assets: $1,677,186
- Total Liabilities: $649,701
- Net Assets: $1,027,485
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENUE
Revenue
$183,014
Organization Details
Founding Year
2004
Principal Officer
Sarah Dillon
Website
www.alchemistcdc.orgNTEE Category
Code: S20 - Community improvement
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