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Local Food Hub Inc

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

EIN: 264137130 ✦ Charlottesville, VA ✦ Designated as a 501(c)(3)

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Overview

What is Local Food Hub Inc?

Local Food Hub Inc, based in Charlottesville, Virginia, is a dedicated nonprofit organization that aims to promote equitable access to fresh, local food. They partner with Virginia farmers to expand the reach of local produce, playing a significant role in the community. In 2022, their Fresh Fruits and Vegetables program served over 600 households weekly, partnering with local businesses to offer home delivery services. This initiative proved essential for high-risk participants during the pandemic, enabling them to safely access fresh produce while sheltering at home. The organization continues to contribute to local and regional food justice and hunger relief efforts. With a team of 14 dedicated individuals, Local Food Hub Inc is committed to strengthening the connection between farmers and their communities.


Official website here: www.localfoodhub.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 88%, Three-Star out of Four Star rating.

Local Food Hub Inc has received a solid Three-Star rating, reflecting a commendable performance in accountability and finance with a score of 88%. The organization has demonstrated strong governance practices, with a fully independent board comprising 12 members and no reported material diversion of assets. Their financial statements are thoroughly audited, presenting a favorable liabilities to assets ratio of 15.70%, and a high program expense ratio of 84.43%, indicating efficient use of funds towards their mission.

However, there are some areas where the charity could improve. Notably, they lack a whistleblower policy, a document retention and destruction policy, and do not post their tax form on their nonprofit website. These omissions may raise concerns regarding transparency and governance practices, which are critical for maintaining donor trust and ensuring operational integrity. Overall, while the organization excels in many financial and governance metrics, addressing these gaps could enhance their credibility further.


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

Is Local Food Hub Inc legitimate?

Local Food Hub Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Local Food Hub 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: $140,917
Professional Fundraising Fees: $0
Other Salaries and Wages: $231,720

For more financial information, click here


Official website here: www.localfoodhub.org

What is the mission statement of Local Food Hub Inc?

Local Food Hub Inc, as a nonprofit organization, collaborates with Virginia farmers to enhance community access to local food. Their mission is centered around ensuring equitable access to fresh, locally sourced produce. In 2022, their Fresh Fruits and Vegetables program expanded to serve over 600 households weekly, partnering with local businesses to offer home delivery and other services. This initiative enabled high-risk participants to safely access fresh produce during the pandemic and provided a vital outlet for farmers. Local Food Hub continues to play a significant role in local and regional food justice and hunger relief efforts.


Official website here: www.localfoodhub.org

Who is the CEO of Local Food Hub Inc?

Laryssa Smith is the Director of Local Food Hub Inc.


Official website here: www.localfoodhub.org

What is the revenue of Local Food Hub Inc?

Local Food Hub Inc's revenue in 2022 was $948,043.


Official website here: www.localfoodhub.org

Who are the executives of Local Food Hub Inc and what are their salaries?

The average compensation at Local Food Hub Inc during 2022 was $26,617. There are 14 employees and 14 volunteers at Local Food Hub Inc.


Here are 18 key members and their salaries:


Ronnie Webb (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Blackburn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathryn Barker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eilzabeth Beasley (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Hodgkins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Beasley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Byrd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Marcus Comer (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Mcdougall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bettina Ring (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anna Fife (Director, Interim Exec. Dir.)
  • Compensation: $30,240
  • Related: $0
  • Other: $0
Angela Taylor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gordon Walker (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Dr Lehman D Bates (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michele Gibson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristen Suokko (Executive Director)
  • Compensation: $20,574
  • Related: $0
  • Other: $1,882
Josh Rockett (Executive Director)
  • Compensation: $24,231
  • Related: $0
  • Other: $623
Portia Boggs (Secretary)
  • Compensation: $65,872
  • Related: $0
  • Other: $1,976


Official website here: www.localfoodhub.org

Where can I find the form 990 for Local Food Hub Inc?

Local Food Hub Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.localfoodhub.org

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

Mission Statement of Local Food Hub Inc

Local Food Hub Inc, a nonprofit organization, is dedicated to boosting community access to locally-sourced food. Its mission is to partner with Virginia farmers, serving as a bridge between them and the community. By doing so, Local Food Hub Inc aims to ensure equitable access to fresh, local produce for all. In 2022, their Fresh Fruits and Vegetables Program expanded to cater to over 600 households every week. They collaborated with local businesses to offer home delivery services, providing a vital outlet for farmers and ensuring high-risk participants could safely access fresh produce during lockdowns. Local Food Hub Inc continues to play a significant role in advocating for food justice and hunger relief efforts on a local and regional scale.

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Impact




October, 2024

Local Food Hub Inc significantly enhances community access to fresh, local food by partnering with Virginia farmers. In 2022, its Fresh Farmacy program expanded to support over 600 households weekly, ensuring that vulnerable populations could obtain fresh produce while sheltering at home. This initiative not only addressed food access and equity but also provided vital support for local farmers by creating a steady outlet for their products. Furthermore, Local Food Hub plays a crucial role in regional food justice and hunger relief efforts, collaborating with other local businesses to offer home delivery and essential services. Through these actions, it makes a lasting impact on the community, improving overall food security and supporting local agriculture.




This information is meant to be a general summary of Local Food Hub 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
$948,043 (2022)
Expenses
$990,841 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $9,314
  • Program Service Revenue: $163,095
  • Gross Receipts: $948,043

Assets and Liabilities:

  • Total Assets: $1,022,906
  • Total Liabilities: $160,636
  • Net Assets: $862,270

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Programs

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

FRESH FARMACY & MARKET

Revenue

$147,590

CONSULTING

Revenue

$15,505

Organization Details

Founding Year

2009

Principal Officer

Laryssa Smith

Main Address

P O BOX 4647, CHARLOTTESVILLE, VA, 22905

NTEE Category

Code: S30 - Community improvement

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