Overview
What is Maine Federation Of Farmers Markets?
The Maine Federation of Farmers Markets (MFFM) is a charitable organization located at 48 Hunter Rd, Freeport, ME 04032. Their mission is to foster a vibrant, sustainable farmers' market community as an integral part of Maine's local food network. They collaborate with farmers, consumers, and communities to make wholesome, locally-grown foods accessible to all residents. MFFM's activities aim to reduce the barriers to local food for low-income Mainers, promote healthy eating, and address food distribution issues by enhancing farmers' market produce capacity in rural areas. Their workforce consists of 11 dedicated individuals.
Official website here: www.mainefarmersmarkets.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75%, Three-Star out of Four Star rating.
The Maine Federation Of Farmers Markets has received a solid Three-Star rating, indicating a commendable level of accountability and financial health. The organization's score is entirely derived from its accountability and finance metrics, which reflects its commitment to transparency and responsible management of resources. The high program expense ratio of 95.46% suggests that a significant portion of its financial resources is directed towards its mission-related activities.
Strengths of the organization include a fully independent board and robust policies surrounding conflict of interest, whistleblower protections, and document retention, all of which contribute to its overall accountability score. Additionally, the absence of material asset diversion and well-documented board meeting minutes indicate a strong governance structure that prioritizes ethical practices.
However, the Maine Federation Of Farmers Markets faces some limitations, particularly regarding its liabilities to assets ratio, which stands at 63.49%. This figure may indicate a higher level of liabilities compared to the organization's assets, suggesting a potential area for improvement in financial stability. Overall, the organization demonstrates a strong commitment to its mission while maintaining a focus on accountability and transparency.
This AI summary has been generated from information found on Charity Navigator.
Is Maine Federation Of Farmers Markets legitimate?
Maine Federation Of Farmers Markets is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maine Federation Of Farmers Markets 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: $81,002
Professional Fundraising Fees: $0
Other Salaries and Wages: $103,402
For more financial information, click here
Official website here: www.mainefarmersmarkets.org
What is the mission statement of Maine Federation Of Farmers Markets?
The Maine Federation of Farmers Markets (MFFM) aims to foster a thriving, sustainable farmers' market community, serving as a significant part of Maine's local food network. By collaborating with farmers, consumers, and communities, MFFM strives to make nutritious, locally-grown produce accessible to all residents. To achieve this, they also focus on educating consumers about food resources and supporting the viability of farms. In addition, their charitable activities aim to reduce barriers to local food for low-income residents, promote healthy eating within communities, and address food distribution problems by enhancing farmers' market produce capacity in rural areas.
Official website here: www.mainefarmersmarkets.org
What is the revenue of Maine Federation Of Farmers Markets?
Maine Federation Of Farmers Markets's revenue in 2023 was $1,168,572.
Official website here: www.mainefarmersmarkets.org
Who are the executives of Maine Federation Of Farmers Markets and what are their salaries?
The average compensation at Maine Federation Of Farmers Markets during 2023 was $10,847. There are 17 employees and 25 volunteers at Maine Federation Of Farmers Markets.
Here are 14 key members and their salaries:
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- Compensation: $74,100
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- Other: $2,142
Official website here: www.mainefarmersmarkets.org
Where can I find the form 990 for Maine Federation Of Farmers Markets?
Maine Federation Of Farmers Markets's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mainefarmersmarkets.org
Learn more at the official website: www.mainefarmersmarkets.org
Mission Statement of Maine Federation Of Farmers Markets
The Maine Federation of Farmers Markets, abbreviated as MFFM, is dedicated to cultivating a vibrant and sustainable farmers' market community. This mission is integral to Maine's local food network, working collaboratively with farmers, consumers, and communities to make wholesome, locally-grown foods accessible to all residents. MFFM strives to educate consumers about food resources, thereby promoting healthy eating habits. Furthermore, the organization is committed to supporting farm viability, thereby strengthening Maine's agricultural sector.
In pursuit of its mission, MFFM engages in charitable activities that aim to reduce barriers to local food for low-income Mainers. This is achieved by connecting communities with farmers' markets and promoting healthy eating habits. Moreover, MFFM addresses food distribution problems by working to increase farmers' market produce capacity in rural areas. By doing so, the organization ensures that even those living in remote areas have access to fresh, locally-sourced produce. In essence, MFFM's mission is to foster a thriving farmers' market ecosystem that benefits both farmers and consumers, ultimately contributing to a healthier and more sustainable food system in Maine.
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Impact
October, 2024
The Maine Federation of Farmers Markets plays a crucial role in fostering a sustainable and vibrant farmers' market community, which is integral to Maine's local food network. By collaborating with farmers, consumers, and communities, it enhances access to wholesome, locally-grown foods for all residents. This impact is particularly significant for low-income Mainers, as the Federation focuses on reducing barriers to local food access and promoting healthy eating.
Through educational initiatives, the Federation empowers consumers by informing them about available food resources and the benefits of supporting local agriculture. Additionally, it addresses food distribution challenges, particularly in rural areas, by increasing the capacity of farmers' market produce. This effort not only supports farmers' viability but also strengthens community connections, ensuring that fresh, nutritious food is available to everyone. Overall, the Maine Federation of Farmers Markets actively contributes to a healthier population and a more resilient local economy.
This information is meant to be a general summary of Maine Federation Of Farmers Markets. 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.
- Program Service Revenue: $598,455
- Gross Receipts: $1,168,572
Assets and Liabilities:
- Total Assets: $187,965
- Total Liabilities: $119,345
- Net Assets: $68,620
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fiscal Sponsor Service
Revenue
$575,062
Annual Convention
Revenue
$12,486
Bumper Crop Vouchers
Revenue
$10,907
Organization Details
Founding Year
2012
Principal Officer
James Debiasi
Website
www.mainefarmersmarkets.orgNTEE Category
Code: K20 - Food
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