Overview
What is Michigan Farmers Market Association?
Michigan Farmers Market Association, often referred to as MIFMA, is a nonprofit organization based in East Lansing, Michigan. They receive funding from the USDA's Farmers Market Promotion Program to promote Michigan's farmers markets, attracting both local residents and tourists. This involves paid advertising, video production, and providing templates for market managers to use. MIFMA is committed to equity and ensuring the viability of community-driven marketplaces, allowing them to connect consumers with local farms and businesses. With a team of 11 employees, they strive to bridge the gap between local producers and consumers.
Official website here: www.mifma.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
The Michigan Farmers Market Association has received a solid Three-Star rating, reflecting an overall score of 81% based on its accountability and finance metrics. This rating indicates a strong commitment to transparency and responsible financial practices, particularly highlighted by the charity's high scores in board independence and management policies.
The organization boasts an entirely independent board and has demonstrated effective governance with policies in place for conflict of interest, whistleblower protections, and document retention. Additionally, it maintains a strong financial position, with a program expense ratio of 73.47%, meaning a significant portion of funds is directed towards its mission-related activities.
While the rating is commendable, potential donors may be interested in a broader view of the nonprofit's programmatic impact and effectiveness beyond financial metrics. However, the current data emphasizes a robust structure and responsible financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is Michigan Farmers Market Association legitimate?
Michigan Farmers Market Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Michigan Farmers Market Association 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: $72,580
Professional Fundraising Fees: $0
Other Salaries and Wages: $224,879
For more financial information, click here
Official website here: www.mifma.org
What is the mission statement of Michigan Farmers Market Association?
The Michigan Farmers Market Association (MIFMA) prioritizes equity in supporting the sustainability of community-led marketplaces. Their mission is to facilitate connections between consumers and local farms and businesses, ensuring that these marketplaces remain viable. To further this goal, MIFMA received funding from the USDA Farmers Market Promotion Program, which they utilized to launch a statewide communication campaign in 2022. This campaign involved paid advertising, video production, and the provision of promotional templates for individual market managers to utilize, with the aim of attracting both residents and tourists to Michigan's farmers markets.
Official website here: www.mifma.org
Who is the CEO of Michigan Farmers Market Association?
Amanda Shreve is the President of Michigan Farmers Market Association.
Official website here: www.mifma.org
What is the revenue of Michigan Farmers Market Association?
Michigan Farmers Market Association's revenue in 2022 was $699,390.
Official website here: www.mifma.org
Who are the executives of Michigan Farmers Market Association and what are their salaries?
The average compensation at Michigan Farmers Market Association during 2022 was $27,042. There are 11 employees at Michigan Farmers Market Association.
Here are 11 key members and their salaries:
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- Compensation: $72,580
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- Other: $2,092
Official website here: www.mifma.org
Where can I find the form 990 for Michigan Farmers Market Association?
Michigan Farmers Market Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.mifma.org
Learn more at the official website: www.mifma.org
Mission Statement of Michigan Farmers Market Association
Michigan Farmers Market Association, in its mission, prioritizes equity as a cornerstone in supporting the sustainability of community-driven marketplaces. The association aims to facilitate connections between consumers and local farms and businesses, ensuring that these marketplaces remain accessible to all. By placing equity at the forefront of its operations, Michigan Farmers Market Association seeks to empower these marketplaces to thrive, thereby promoting a local food system that benefits everyone.
In pursuit of its mission, Michigan Farmers Market Association has leveraged a grant from the USDA Farmers Market Promotion Program. This grant has equipped the association with the necessary funds to launch a statewide communication campaign. This campaign, which was active in 2022, included various strategies such as paid advertising, video production, and the provision of templates for market managers to promote their own markets. By implementing this comprehensive campaign, Michigan Farmers Market Association has worked towards increasing the visibility and attractiveness of farmers markets across Michigan, thereby fostering a stronger local food system.
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Impact
July, 2024
Michigan Farmers Market Association's impact is substantial in promoting equity and supporting the viability of community-driven marketplaces. Through their initiatives, such as the statewide communication campaign funded by a grant from the USDA Farmers Market Promotion Program, they are actively working to attract residents and tourists to shop at Michigan's farmers markets. By incorporating paid advertising, video production, and providing templates for market managers to promote their markets, they are helping to boost local economies and connect consumers to local farms and businesses. This focus on equity and community support is essential for creating a sustainable and inclusive food system in Michigan.
This information is meant to be a general summary of Michigan Farmers Market Association. 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: $2,544
- Program Service Revenue: $368,887
- Gross Receipts: $699,390
Assets and Liabilities:
- Total Assets: $728,482
- Total Liabilities: $240,206
- Net Assets: $488,276
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT SERVICES
Revenue
$281,984
FOOD ACCESS
Revenue
$59,813
EVENT REGISTRATIONS
Revenue
$27,090
Organization Details
Founding Year
2014
Phone
(517) 432-3381Principal Officer
Amanda Shreve
Main Address
480 WILSON RD 172, EAST LANSING, MI, 48824
Website
www.mifma.orgNTEE Category
Code: K99 - Food
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