Overview
What is Central City Market Corporation?
Central City Market Corporation is a nonprofit organization that serves as a supportive platform for local farmers. Their primary mission is to offer these farmers a designated space to sell their products, functioning as a farmers market. The organization rents out these facilities at costs lower than the market rate, thereby assisting farmers in reaching their target audience. To cover additional expenses, Central City Market Corporation relies on grants and various funding sources. By doing so, they contribute to the local agricultural community by providing an affordable marketplace, ultimately benefiting both farmers and consumers.
Is Central City Market Corporation legitimate?
Central City Market Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Central City Market Corporation submitted a form 990EZ, 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.
What is the mission statement of Central City Market Corporation?
Central City Market Corporation's mission revolves around supporting local farmers. The organization serves as a platform, offering farmers a marketplace to sell their produce at reasonably lower rental fees than usual. The corporation covers its expenses beyond the rental fees through grants and other financial resources. By doing so, Central City Market Corporation facilitates the sale of local farm produce, thereby promoting the agricultural sector in an economical manner.
Who is the CEO of Central City Market Corporation?
Kenneth R Bolen is the President of Central City Market Corporation.
What is the revenue of Central City Market Corporation?
Central City Market Corporation's revenue in 2020 was $29,166.
Who are the executives of Central City Market Corporation and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Central City Market Corporation?
Central City Market Corporation's most recent form 990EZ was submitted in 2020 and can be accessed here.
Mission Statement of Central City Market Corporation
Central City Market Corporation serves as a facilitator for local farmers by providing them with a platform to sell their produce. This organization, known as the Central City Market Corporation, rents out facilities at affordable prices, lower than the usual market rates. By doing so, it acts as a supportive marketplace for these farmers. The corporation covers its additional expenses through grants and various other funding sources. The mission of Central City Market Corporation can be understood as its commitment to supporting local agriculture by offering farmers an affordable venue to sell their goods, thereby promoting sustainable agriculture and strengthening the local farming community.
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Impact
October, 2024
Central City Market Corporation plays a vital role in supporting local agriculture and fostering community engagement in Huntington, WV. By providing an accessible marketplace for local farmers, it enables them to sell their products directly to consumers, thereby strengthening the local economy and promoting sustainable farming practices. The organization offers facilities at reduced rental rates, ensuring that small-scale farmers can participate without the burden of high costs. This initiative not only helps farmers gain visibility and access to customers but also encourages residents to support local agriculture.
The market acts as a gathering place for the community, enhancing social connections and promoting healthy eating habits by making fresh, local produce readily available. Additionally, by securing grants and other funding to cover operational expenses, Central City Market Corporation sustains its mission of providing an inclusive and affordable marketplace. The impact of this organization extends beyond just economic benefits; it cultivates a sense of community, supports local food systems, and contributes to the overall health and well-being of the residents in Huntington.
This information is meant to be a general summary of Central City Market Corporation. 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 2020.
- Program Service Revenue: $4,366
- Gross Receipts: $29,166
Assets and Liabilities:
- Total Assets: $8,855
- Total Liabilities: $297
- Net Assets: $8,558
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Organization Details
Phone
(304) 525-1500Principal Officer
Kenneth R Bolen
Main Address
3135 16TH ST RD, HUNTINGTON, WV, 25701
NTEE Category
Code: K20 - Food
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