Overview
What is Heirloom Farmers Markets Inc?
Heirloom Farmers Markets Inc, located in Tucson, Arizona, is a nonprofit organization with a mission to operate top-notch farmers markets that boost the prosperity of food producers in Southern Arizona and establish lively community gathering spots. The organization is dedicated to advocating for farm sustainability, responsible land usage, and engaging the local community in the regional food economy. By hosting over 100 small businesses at three markets, Heirloom Farmers Markets Inc provides a fertile environment for local farmers and food entrepreneurs to thrive. The markets serve as vibrant spaces for shoppers to interact directly with food producers, fostering a sense of community and offering educational and entertaining activities. With a workforce of nine individuals, Heirloom Farmers Markets Inc plays a pivotal role in building a community food system that honors producers, educates consumers about nutritious food, and enhances the overall quality of life in Southern Arizona.
Official website here: www.heirloomfm.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement, Two-Star out of Four Stars (73%)
Heirloom Farmers Markets Inc has received a two-star rating from Charity Navigator, indicating a need for improvement in certain operational areas. While the organization boasts a strong accountability score due to its fully independent board and high program expense ratio, there are significant concerns regarding the lack of available financial statements. This absence detracts from the overall transparency and financial health assessment of the nonprofit.
The organization has demonstrated strengths in governance, with 100% independent board members and effective policies in place for conflict of interest. Additionally, its liabilities to assets ratio stands at a healthy 35.51%, suggesting a manageable level of debt in relation to its assets. However, the missing whistleblower and document retention policies are noteworthy limitations that could pose risks to ethical governance and operational integrity.
Overall, Heirloom Farmers Markets Inc shows promise with a strong focus on program expenses, indicating a commitment to its mission. Nevertheless, addressing the transparency issues related to financial reporting and governance policies will be crucial for improving its standing and gaining greater trust from donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Heirloom Farmers Markets Inc?
82% of 301 reviewers on Facebook recommend Heirloom Farmers Markets Inc. Here is a summary of their reviews:
Many visitors express a positive experience, highlighting their enjoyment during their initial visit. Comments reflect an appreciation for the market's unique offerings and atmosphere, suggesting it is an inviting place for both newcomers and regular attendees.
Overall, individuals seem to feel that the nonprofit successfully creates a vibrant community space that supports local farmers and enhances the local food scene.
This AI summary has been generated from reviews found on Facebook.
Is Heirloom Farmers Markets Inc legitimate?
Heirloom Farmers Markets Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Heirloom Farmers 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $183,217
For more financial information, click here
Official website here: www.heirloomfm.org
What is the mission statement of Heirloom Farmers Markets Inc?
Heirloom Farmers Markets Inc's mission is centered around operating top-notch farmers markets that support the prosperity of food producers in Southern Arizona. The organization is committed to advocating for farm sustainability and responsible land use, while also engaging the community in local food systems. They strive to create vibrant community gathering places and are dedicated to fostering an environment that values farmers, educates consumers about quality food, and ultimately enhances the quality of life in the region.
Official website here: www.heirloomfm.org
Who is the CEO of Heirloom Farmers Markets Inc?
Nick Szumowski is the Principal Officer of Heirloom Farmers Markets Inc.
Official website here: www.heirloomfm.org
What is the revenue of Heirloom Farmers Markets Inc?
Heirloom Farmers Markets Inc's revenue in 2022 was $726,450.
Official website here: www.heirloomfm.org
Who are the executives of Heirloom Farmers Markets Inc and what are their salaries?
The average compensation at Heirloom Farmers Markets Inc during 2022 was $20,357. There are 9 employees at Heirloom Farmers Markets Inc.
Here are 9 key members and their salaries:
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Official website here: www.heirloomfm.org
Where can I find the form 990 for Heirloom Farmers Markets Inc?
Heirloom Farmers Markets Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.heirloomfm.org
Learn more at the official website: www.heirloomfm.org
Mission Statement of Heirloom Farmers Markets Inc
Heirloom Farmers Markets Inc is committed to operating top-notch farmers markets that support the prosperity of food producers in Southern Arizona. The organization's mission extends beyond just market operations, as it is also dedicated to fostering farm viability, promoting sustainable land use, and engaging the community in the local food economy. By doing so, Heirloom Farmers Markets Inc aims to construct a community food system that values producers, educates consumers about good food, and enhances the quality of life in the region. The organization's activities contribute to building a vibrant community gathering place, where people can connect with local food sources and learn about the importance of sustainable farming practices.
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Impact
July, 2024
Heirloom Farmers Markets Inc has a significant impact on the Southern Arizona community by operating world-class farmers markets that support the success of local food growers. These markets serve a customer base of more than 1,500 per week and provide opportunities for over 100 small businesses in the region. By promoting farm viability, sustainable land use, and engaging the community in the local food economy, Heirloom Farmers Markets Inc is helping to build a stronger community food system that honors producers, educates consumers about good food, and enhances the quality of life in Southern Arizona. The markets also serve as vibrant community gathering places, offering education and entertainment for people to come together in their communities.
This information is meant to be a general summary of Heirloom Farmers 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: $57
- Program Service Revenue: $395,213
- Gross Receipts: $726,450
Assets and Liabilities:
- Total Assets: $448,789
- Total Liabilities: $159,405
- Net Assets: $289,384
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FARMERS MARKET VENDOR RENT
Revenue
$395,213
Organization Details
Founding Year
2013
Phone
(520) 918-9811Principal Officer
Nick Szumowski
Main Address
PO BOX 65803, TUCSON, AZ, 85728
Website
www.heirloomfm.orgNTEE Category
Code: B90 - Education
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