Overview
What is Common Market Mid-Atlantic Incorporated?
Common Market Mid-Atlantic Incorporated is a nonprofit organization situated in Philadelphia, Pennsylvania. Its primary mission is to distribute locally grown produce from the Philadelphia area, aiming to sustain and promote the regional farm system. The organization's public purpose includes implementing education programs to enhance access to local foods for underserved low-income communities and informing institutions and businesses about the value of processing local farm products. Additionally, Common Market Mid-Atlantic Incorporated works towards establishing wholesale distribution of locally-produced farm products to ensure food security and support the viability of family farms. The organization employs 19 individuals in its mission to connect communities with good food from sustainable farms.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Stars)
Common Market Mid-Atlantic Incorporated has received an 82% rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. This score is derived solely from their Accountability & Finance metrics, which suggest that the organization is effectively managing its resources and maintaining transparency.
The organization showcases strengths, such as having a fully independent board and a well-structured financial oversight committee. Their policies on conflict of interest, whistleblower protection, and document retention are all in place and well-rated, highlighting a commitment to ethical governance. The lack of material diversion of assets further reflects the integrity of their financial practices.
However, some areas, such as the program expense ratio, could benefit from improvement as it stands at 63.90%. While this reflects a significant portion of expenses directed toward programs, enhancing this ratio could further bolster the organization's impact and operational efficiency. Overall, Common Market Mid-Atlantic demonstrates a strong commitment to accountability but may face challenges in maximizing program funding.
This AI summary has been generated from information found on Charity Navigator.
Is Common Market Mid-Atlantic Incorporated legitimate?
Common Market Mid-Atlantic Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Common Market Mid-Atlantic Incorporated 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: $0
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What is the mission statement of Common Market Mid-Atlantic Incorporated?
Common Market Mid-Atlantic Incorporated, as a non-profit organization, aims to promote the distribution of locally and sustainably produced foods. Its public purpose includes implementing educational programs to enhance access to local food for underserved, low-income communities. The organization also seeks to inform institutions and businesses about the potential to add value to local farm products by processing them for their constituents and customers. Additionally, Common Market Mid-Atlantic Incorporated works towards establishing wholesale distribution of locally-produced farm products to ensure a consistent supply of local food. Its mission is to connect communities with high-quality food from sustainable family farms, ultimately contributing to food security, farm viability, community health, and ecological sustainability.
What is the revenue of Common Market Mid-Atlantic Incorporated?
Common Market Mid-Atlantic Incorporated's revenue in 2023 was $1,269,777.
Who are the executives of Common Market Mid-Atlantic Incorporated and what are their salaries?
There are 19 employees at Common Market Mid-Atlantic Incorporated.
Here are 8 key members and their salaries:
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- Related: $229,136
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Where can I find the form 990 for Common Market Mid-Atlantic Incorporated?
Common Market Mid-Atlantic Incorporated's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Common Market Mid-Atlantic Incorporated
Common Market Mid-Atlantic Incorporated is a non-profit organization with a mission to connect communities with nutritious, locally-sourced food from sustainable family farms. Their public purpose extends beyond simply distributing these products; they aim to educate underserved low-income communities about the benefits of local foods and inform institutions and businesses about the potential value of processing and utilizing these products for their constituents and customers. Furthermore, Common Market Mid-Atlantic Incorporated works towards establishing a reliable wholesale distribution system for locally-produced farm products, ensuring a consistent supply of fresh, locally-grown food. Their ultimate goal is to improve food security, support the viability of family farms, and contribute to the overall health of both communities and ecosystems.
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Impact
July, 2024
Common Market Mid-Atlantic Incorporated's impact is significant in promoting local and sustainably produced foods and improving access to these foods in underserved low-income communities. By distributing locally grown produce from the Philadelphia area, the organization contributes to sustaining and promoting the regional farm system. Additionally, their efforts to educate institutions and businesses about the value of local farm products and establish wholesale distribution channels for these products help ensure a stable supply of locally grown food.
Through their mission to connect communities with good food from sustainable family farms, Common Market Mid-Atlantic Incorporated plays a crucial role in improving food security, farm viability, and community and ecological health. By fostering partnerships and promoting sustainable agriculture practices, the organization is working towards creating a more equitable and resilient food system for all.
This information is meant to be a general summary of Common Market Mid-Atlantic Incorporated. 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.
- Gross Receipts: $9,293,629
Assets and Liabilities:
- Total Assets: $1,104,248
- Total Liabilities: $617,128
- Net Assets: $487,120
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Organization Details
Founding Year
2016
Principal Officer
Tatiana Garcia-Granados
NTEE Category
Code: K99 - Food
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