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Center For Agricultural Development And Entrepreneurship Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 223218414 ✦ Oneonta, NY ✦ Designated as a 501(c)(3)

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Overview

What is Center For Agricultural Development And Entrepreneurship Inc?

The Center for Agricultural Development and Entrepreneurship Inc., located at 189 MAIN ST PO BOX 641 5TH FL, ONEONTA, NY 13820, is a nonprofit organization dedicated to stimulating agricultural growth and fostering business success in 12 central New York counties. Their Emerging Markets Training Program (EMPT) aims to create new market opportunities, leveraging their previous initiatives such as the Value Chain Acceleration program, Farm to School program, and FFBI. By strengthening local institutions' capacity to purchase Central NY farm products and assisting farmers in enhancing online sales and meeting institutional requirements, this program aims to reduce marketing costs, boost farm sales, and enhance farmer readiness for emerging markets. The organization's ultimate goal is to increase the number and variety of thriving farm enterprises and related businesses in New York, with a current workforce of 6 individuals.


Official website here: www.cadefarms.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 92%, Four-Star out of Four Star rating.

The Center for Agricultural Development and Entrepreneurship Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting a high level of accountability and finance management. The overall score is exclusively based on its accountability and finance metrics, indicating a strong commitment to transparent operations and responsible financial practices.

Notable strengths include a fully independent board of directors and an excellent program expense ratio of 91.52%, suggesting that a significant portion of its funding directly supports its programs. The organization has also demonstrated compliance with various financial reporting standards, such as having no material diversion of assets and maintaining proper documentation of board meeting minutes.

However, a key limitation is the absence of a whistleblower policy, which may raise concerns about internal accountability mechanisms. Despite this gap, the overall financial health and governance structures of the organization are robust, contributing to its high rating and indicating a reliable nonprofit for potential donors and stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Center For Agricultural Development And Entrepreneurship Inc legitimate?

Center For Agricultural Development And Entrepreneurship Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Center For Agricultural Development And Entrepreneurship 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: $93,279
Professional Fundraising Fees: $0
Other Salaries and Wages: $314,791

For more financial information, click here


Official website here: www.cadefarms.org

What is the mission statement of Center For Agricultural Development And Entrepreneurship Inc?

The Center for Agricultural Development and Entrepreneurship Inc's mission is centered around enhancing agriculture in New York. Specifically, their goal is to boost the number and variety of thriving farm enterprises and related businesses within the state. To achieve this, they have initiated programs such as the Emerging Markets Training Program (EMPT). This program aims to create new markets, stimulate economic growth, and promote sustainable agriculture in 12 counties of Central New York. It leverages CADE's market research, past successes, and learnings from other programs to help local institutions purchase Central NY farm products, empower farmers and local distributors to increase online sales, and meet institutional purchasing requirements. This, in turn, reduces marketing costs, boosts farm sales, and improves farmer readiness for emerging markets, thereby fostering stronger collaborations between farmers and local food processors and distributors.


Official website here: www.cadefarms.org

Who is the CEO of Center For Agricultural Development And Entrepreneurship Inc?

Phoebe Schreiner is the Executive Dir. of Center For Agricultural Development And Entrepreneurship Inc.


Official website here: www.cadefarms.org

What is the revenue of Center For Agricultural Development And Entrepreneurship Inc?

Center For Agricultural Development And Entrepreneurship Inc's revenue in 2023 was $759,530.


Official website here: www.cadefarms.org

Who are the executives of Center For Agricultural Development And Entrepreneurship Inc and what are their salaries?

The average compensation at Center For Agricultural Development And Entrepreneurship Inc during 2023 was $68,012. There are 6 employees and 10 volunteers at Center For Agricultural Development And Entrepreneurship Inc.


Here are 10 key members and their salaries:


Phoebe Schreiner (Executive Dir.)
  • Compensation: $93,279
  • Related: $0
  • Other: $16,248
Carlena K Cochi Ficano Phd (Treasurer/Secr)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Jaffe Md (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Summerlee (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Dopazo (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Pangman (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlos Valery Jr (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Zaid Kurdieh (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Madalyn Warren (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Hyland (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cadefarms.org

Where can I find the form 990 for Center For Agricultural Development And Entrepreneurship Inc?

Center For Agricultural Development And Entrepreneurship Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.cadefarms.org

Learn more at the official website: www.cadefarms.org

Mission Statement of Center For Agricultural Development And Entrepreneurship Inc

The Center for Agricultural Development and Entrepreneurship Inc, abbreviated as CADE, is committed to expanding the number and diversity of prosperous farm enterprises and related businesses in New York. At the heart of its mission is the drive to stimulate economic growth in sustainable agriculture, focusing on twelve counties in Central New York. To achieve this, CADE employs various strategies.

One of CADE's key initiatives is its Emerging Markets Training Program (EMPT). This program aims to create new market opportunities and bolster economic growth in the field of sustainable agriculture. CADE leverages its market research, successes, and learnings from initiatives such as the Value Chain Acceleration program, Farm to School program, and FFBI to enhance the capacity of local institutions to purchase Central New York farm products. The program also works with farmers and local distributors to enhance their online sales abilities and meet institutional purchasing requirements. These efforts help reduce marketing costs, boost farm sales, and improve farmer readiness for emerging markets, fostering stronger collaborations between farmers and local food processors and distributors.

In essence, CADE's mission is to foster a thriving agricultural sector in New York by promoting the growth of successful farm enterprises and related businesses. Through programs like EMPT, CADE aims to unlock market opportunities, strengthen local institutions, and empower farmers to thrive in a sustainable agricultural landscape.

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Impact




October, 2024

The Center for Agricultural Development and Entrepreneurship Inc (CADE) significantly impacts the agricultural landscape in New York, particularly in Central NY. By focusing on increasing the number and diversity of successful farm enterprises, CADE plays a crucial role in enhancing local economies.

Through the Emerging Markets Training Program (EMPT), CADE fosters sustainable agricultural growth across 12 counties. This program is designed to establish new markets, thereby facilitating economic expansion within the agricultural sector. By leveraging insights from previous initiatives such as the Value Chain Acceleration program, the Farm to School program, and the Food, Farm, and Business Initiative (FFBI), CADE strengthens the capabilities of local institutions to procure farm products from Central NY.

The program also empowers farmers and local distributors by helping them expand and retain online sales, ultimately ensuring they can meet the purchasing requirements of institutions. This effort reduces marketing costs and enhances farm sales and profitability, promoting financial sustainability for local farms.

Additionally, by improving farmer readiness for emerging markets, CADE cultivates greater collaboration between local food processors and distributors, creating a more integrated agricultural ecosystem. Overall, CADE's initiatives contribute to community improvement by driving economic growth, increasing access to local food, and supporting the development of a robust agricultural sector in New York.




This information is meant to be a general summary of Center For Agricultural Development And Entrepreneurship 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.

Revenue
$759,530 (2023)
Expenses
$730,388 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $292,680
  • Gross Receipts: $759,530

Assets and Liabilities:

  • Total Assets: $352,323
  • Total Liabilities: $126,637
  • Net Assets: $225,686

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Program revenue

Revenue

$292,680

Organization Details

Founding Year

1992

Principal Officer

Phoebe Schreiner

Main Address

189 MAIN ST PO BOX 641 5TH FL, ONEONTA, NY, 13820

NTEE Category

Code: S99Z - Community improvement

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