Overview
What is Santa Fe Farmers Market Institute?
The Santa Fe Farmers Market Institute is a nonprofit organization situated in Santa Fe, New Mexico, specifically at 1607 PASEO DE PERALTA SUITE A. Their primary mission is to advocate for farmers, ranchers, and other land-based producers. They strive to provide equitable access to fresh, local food and own and operate a year-round venue for the Santa Fe Farmers' Market. The institute's activities include maintaining a long-term venue for farmers to engage in direct market sales, promoting the use of SNAP/EBT at the market and doubling SNAP transactions, distributing microloans to vendors to provide access to capital, offering scholarships and free workshops for farmers, and providing a gathering place for community and nonprofit events. In 2021, they facilitated over 375,425 SNAP transactions, a significant increase due to the pandemic, and made approximately 40,000 loans to vendors. The organization operates with a team of 13 dedicated individuals.
Official website here: www.farmersmarketinstitute.org
What do the Facebook reviews say about Santa Fe Farmers Market Institute?
68% of reviewers on Facebook recommend the Santa Fe Farmers Market Institute. Here is a summary of their reviews:
Many individuals appreciate the quality of the produce sold at the market, highlighting the fresh roasted Hatch green chiles and organic offerings as standout features. Shoppers also enjoy the lively atmosphere, mentioning the friendly vibe and presence of music, which enhances the overall experience.
While the recommendation percentage suggests mixed feelings, those who rave about the market emphasize the superior quality of food available and the satisfaction of finding quick meal options. The community aspect and positive interactions among attendees seem to contribute to a pleasant outing for visitors.
This AI summary has been generated from reviews found on Facebook.
Is Santa Fe Farmers Market Institute legitimate?
Santa Fe Farmers Market Institute is a legitimate nonprofit organization registered as a 501(c)(3) entity. Santa Fe Farmers Market Institute 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: $60,342
Professional Fundraising Fees: $0
Other Salaries and Wages: $148,033
For more financial information, click here
Official website here: www.farmersmarketinstitute.org
What is the mission statement of Santa Fe Farmers Market Institute?
The Santa Fe Farmers Market Institute's mission is centered around advocating for farmers, ranchers, and other land-based producers. It aims to ensure equitable access to fresh, local food and operates a year-round venue for the Santa Fe Farmers' Market. The institute also manages programs to sustain a profitable, locally-based agricultural community. To achieve this, they promote regional small farm and ranch operations through various activities, such as maintaining a long-term venue for direct market sales, promoting the use of SNAP/EBT, distributing microloans to vendors, offering scholarships for farmers' conferences and workshops, and providing a gathering place for community and nonprofit events.
Official website here: www.farmersmarketinstitute.org
Who is the CEO of Santa Fe Farmers Market Institute?
Michael Knight is the Chair of Santa Fe Farmers Market Institute.
Official website here: www.farmersmarketinstitute.org
What is the revenue of Santa Fe Farmers Market Institute?
Santa Fe Farmers Market Institute's revenue in 2021 was $429,298.
Official website here: www.farmersmarketinstitute.org
Who are the executives of Santa Fe Farmers Market Institute and what are their salaries?
The average compensation at Santa Fe Farmers Market Institute during 2021 was $16,029. There are 13 employees at Santa Fe Farmers Market Institute.
Here are 15 key members and their salaries:
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Official website here: www.farmersmarketinstitute.org
Where can I find the form 990 for Santa Fe Farmers Market Institute?
Santa Fe Farmers Market Institute's most recent form 990 was submitted in 2021 and can be accessed here.
Official website here: www.farmersmarketinstitute.org
Learn more at the official website: www.farmersmarketinstitute.org
Mission Statement of Santa Fe Farmers Market Institute
The Santa Fe Farmers Market Institute is an organization dedicated to advocating for farmers, ranchers, and other land-based producers. Its mission is multifaceted, aiming to provide equitable access to fresh, local food, own and operate a year-round venue for the Santa Fe Farmers' Market, and manage programs to help sustain a profitable, locally-based agricultural community.
In practical terms, the Institute promotes regional small farm and ranch operations through various activities. It ensures a long-term venue for the Santa Fe Farmers Market, allowing farmers to engage in direct market sales. The Institute also works to increase the use of SNAP/EBT at the market, doubling SNAP transaction amounts in 2021. This initiative, in response to increased food insecurity due to the pandemic, saw over 375,425 SNAP transactions and a significant increase compared to 2019.
Furthermore, the Institute distributes microloans to vendors to provide them with access to capital, helping to expand farm capacity. In 2021, approximately 40,000 loans were made through this program. Additionally, the Institute offers scholarships to conferences and provides free workshops/trainings to farmers to assist in improving their on-farm and farm business activities. Lastly, the Institute serves as a gathering place for community and nonprofit events by renting its pavilion on non-market days.
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Impact
October, 2024
The Santa Fe Farmers Market Institute plays a crucial role in supporting farmers, ranchers, and local food producers by advocating for equitable access to fresh, local food and fostering a sustainable agricultural community. The institute operates a year-round venue for the Santa Fe Farmers Market, allowing farmers to engage directly with consumers and sell their products.
By promoting the use of programs like SNAP/EBT at the market, the institute has significantly enhanced food accessibility, evidenced by a remarkable 157% increase in SNAP transactions in 2021 compared to 2019, totaling over $375,425. This surge was particularly important in addressing the heightened food insecurity caused by the pandemic.
Additionally, the institute aids local vendors by providing microloans, which offer vital capital for expanding farming operations. In 2021, approximately $40,000 in loans were distributed, assisting farmers in enhancing their productivity and financial stability.
Through scholarships, workshops, and trainings, the institute supports farmers in improving their agricultural practices and business acumen, fostering a more resilient local food system. Furthermore, the venue acts as a community hub, hosting events and gatherings that strengthen connections among residents, local producers, and consumers. Overall, the Santa Fe Farmers Market Institute significantly contributes to the vitality and sustainability of the local agricultural community.
This information is meant to be a general summary of Santa Fe Farmers Market Institute. 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 2021.
- Investment Income: $1,548
- Gross Receipts: $584,438
Assets and Liabilities:
- Total Assets: $3,925,501
- Total Liabilities: $689,997
- Net Assets: $3,235,504
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Organization Details
Founding Year
2002
Phone
(505) 983-7726Principal Officer
Michael Knight
Main Address
1607 PASEO DE PERALTA SUITE A, SANTA FE, NM, 87501
NTEE Category
Code: K20 - Food
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