Overview
What is Public Markets Inc?
Public Markets Inc, based in OoltewaH, Tennessee, is a nonprofit organization with a focus on supporting and enhancing local agriculture and food services. They achieve this by organizing, promoting, and operating multiple community markets. Their mission is to create a platform that brings together local farmers and food providers, thereby fostering a stronger connection between the community and its food sources. With a team of 28 dedicated individuals, Public Markets Inc plays a vital role in promoting sustainable and locally sourced food options.
Official website here: www.chattanoogamarket.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 88%, Three-Star out of Four Star rating.
Public Markets Inc has earned an impressive 88% rating, primarily reflecting its strong accountability and finance practices. The organization showcases a majority independent board, with 83% of members being independent, and maintains transparency through a well-audited financial framework. They have a commendable program expense ratio of 74.75%, indicating a significant portion of funds is directed towards their programs.
While the organization has many strengths, it does have some areas for improvement. Specifically, it lacks a whistleblower policy and a document retention and destruction policy, which are important for maintaining accountability and governance. However, their commitment to transparency is evident through their posted tax forms and documented board meeting minutes.
Overall, Public Markets Inc demonstrates a solid commitment to accountability with strong governance practices in place, although addressing the noted limitations could further enhance its operational integrity.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Public Markets Inc?
92% of 275 reviewers on Facebook recommend Public Markets Inc. Here is a summary of their reviews:
Many patrons express a long-standing affection for this nonprofit, highlighting it as a beloved spot for delicious hotdogs. The consistency in quality over the years seems to resonate well with visitors, creating a sense of nostalgia and community.
Overall, the enthusiasm for Public Markets Inc. showcases a strong connection with the service it provides. People appreciate the reliable food experience, and this positive sentiment reflects the organization's ability to maintain its charm and offerings over time.
This AI summary has been generated from reviews found on Facebook.
Is Public Markets Inc legitimate?
Public Markets Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Public Markets 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: $225,431
Professional Fundraising Fees: $0
Other Salaries and Wages: $325,138
For more financial information, click here
Official website here: www.chattanoogamarket.com
What is the mission statement of Public Markets Inc?
Public Markets Inc's mission involves organizing, promoting, and operating community markets to strengthen and enhance local agriculture and food services. By doing so, they aim to support and contribute to the growth of the local farming sector and food providers. Their activities primarily revolve around creating and managing multiple community markets, providing a platform for local farmers and food service providers to showcase and sell their produce and products directly to consumers.
Official website here: www.chattanoogamarket.com
Who is the CEO of Public Markets Inc?
Chris Thomas is the Chairman Executive Directo of Public Markets Inc.
Official website here: www.chattanoogamarket.com
What is the revenue of Public Markets Inc?
Public Markets Inc's revenue in 2022 was $1,289,999.
Official website here: www.chattanoogamarket.com
Who are the executives of Public Markets Inc and what are their salaries?
The average compensation at Public Markets Inc during 2022 was $19,663. There are 28 employees at Public Markets Inc.
Here are 7 key members and their salaries:
- Compensation: $121,098
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $104,333
- Related: $0
- Other: $0
Official website here: www.chattanoogamarket.com
Where can I find the form 990 for Public Markets Inc?
Public Markets Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.chattanoogamarket.com
Learn more at the official website: www.chattanoogamarket.com
Mission Statement of Public Markets Inc
Public Markets Inc, as an organization, is dedicated to an essential mission. They strive to organize, promote, and operate community markets with the primary goal of supporting and enhancing local agriculture and food services. By doing so, they aim to foster a strong connection between local farmers and consumers, ensuring the community has access to fresh, locally sourced produce and other food products. This mission not only benefits farmers by providing a market for their goods but also enriches the community by offering a diverse selection of high-quality food options. Public Markets Inc plays a significant role in promoting local agriculture and food services, thereby contributing to a sustainable and vibrant community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Public Markets Inc plays a vital role in enhancing local agriculture and food services in the Ooltewah, TN community through the organization and promotion of community markets. By facilitating these markets, they create opportunities for local farmers and food producers to showcase and sell their products directly to consumers. This not only supports local economies but also fosters a stronger connection between the community and its food sources.
The impact of Public Markets Inc extends beyond economic benefits; it encourages sustainable agricultural practices and helps to improve access to fresh, locally sourced food. By providing a platform for local vendors, they cultivate a vibrant food culture that celebrates regional flavors and traditions. Additionally, these markets foster community engagement, bringing people together to celebrate food, share knowledge, and support one another. Overall, Public Markets Inc significantly contributes to the sustainability and health of both the local economy and community well-being.
This information is meant to be a general summary of Public Markets 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 2022.
- Investment Income: -$2,867
- Program Service Revenue: $1,214,586
- Gross Receipts: $1,294,024
Assets and Liabilities:
- Total Assets: $1,052,819
- Total Liabilities: $25,605
- Net Assets: $1,027,214
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM INCOME
Revenue
$1,069,478
SPONSORSHIPS
Revenue
$145,108
Organization Details
Founding Year
2008
Phone
(423) 648-2496Principal Officer
Chris Thomas
Main Address
PO BOX 810, OOLTEWAH, TN, 37363
Website
www.chattanoogamarket.comNTEE Category
Code: K99 - Food
If you are a representative of Public Markets Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.