Overview
What is Urban Agriculture Cooperative?
Urban Agriculture Cooperative is a nonprofit organization situated at 58 Crawford Street 1, Newark, NJ 07102. Its primary mission is to support urban farmers by offering technical assistance in cultivating and marketing nutritious, organic produce. The cooperative aids in locating suitable farming areas for new urban farmers, providing necessary tools and supplies, and monitoring their progress. In 2022, Urban Agriculture Cooperative assisted over thirty Farmer's Markets and sold $110,700 worth of locally grown produce to schools, non-profits, residents, and food pantries. With a workforce of six individuals, the cooperative plays a significant role in strengthening urban farming and promoting access to fresh produce within the community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 1 Star (50%)
The Urban Agriculture Cooperative has received a low rating of 1 Star, reflecting significant concerns regarding its accountability and financial practices. With an overall score of 50%, the organization lacks independent board members and has not provided necessary financial statements, which raises transparency issues. The absence of key policies, including conflict of interest and whistleblower policies, further diminishes its accountability.
Despite these shortcomings, the organization exhibits a strong commitment to its mission, demonstrated by a high program expense ratio of 90.54%. This suggests that a substantial portion of its funds are directed towards programs rather than administrative costs. However, the lack of proper governance and financial disclosures may undermine trust among potential donors and stakeholders.
The Urban Agriculture Cooperative also faces challenges in its operational transparency, as it has not made essential documents available on its website or provided board meeting minutes. Addressing these governance issues is crucial for improving its rating and fostering confidence among supporters.
This AI summary has been generated from information found on Charity Navigator.
Is Urban Agriculture Cooperative legitimate?
Urban Agriculture Cooperative is a legitimate nonprofit organization registered as a 501(c)(3) entity. Urban Agriculture Cooperative 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: $56,308
Professional Fundraising Fees: $0
Other Salaries and Wages: $29,314
For more financial information, click here
What is the mission statement of Urban Agriculture Cooperative?
The Urban Agriculture Cooperative is dedicated to assisting urban farmers in cultivating and marketing nutritious organic produce. The organization extends its support by recruiting new urban farmers, aiding in the identification of suitable farming locations, offering technical guidance, providing necessary supplies and tools, and monitoring their progress. The primary goal is to empower urban farmers and promote sustainable urban agriculture.
Who is the CEO of Urban Agriculture Cooperative?
Emilio S Panasci is the Ceo of Urban Agriculture Cooperative. The CEO's salary of Urban Agriculture Cooperative is $56,308 and their total compensation is $56,308.
What is the revenue of Urban Agriculture Cooperative?
Urban Agriculture Cooperative's revenue in 2022 was $541,756.
Who are the executives of Urban Agriculture Cooperative and what are their salaries?
The average compensation at Urban Agriculture Cooperative during 2022 was $14,270. There are 6 employees and 100 volunteers at Urban Agriculture Cooperative.
Here are 3 key members and their salaries (Urban Agriculture Cooperative's CEO's salary is $56,308 and their total compensation is $56,308):
- Compensation: $56,308
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Urban Agriculture Cooperative?
Urban Agriculture Cooperative's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Urban Agriculture Cooperative
The Urban Agricultural Cooperative is dedicated to assisting urban farmers in their endeavors. Its primary mission is to provide these farmers with the necessary technical expertise to grow and market nutritious, organic produce. Beyond this, the cooperative takes an active role in aiding new urban farmers in finding suitable locations for their farms. Once established, the cooperative offers further assistance, providing tools and supplies where necessary and closely monitoring their progress. In essence, the Urban Agricultural Cooperative serves as a supportive network for urban farmers, helping them navigate the challenges of farming in urban environments and ensuring their produce reaches the market.
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Impact
July, 2024
Urban Agriculture Cooperative's impact can be seen in the flourishing urban farming community it has nurtured. By providing technical assistance, resources, and support to urban farmers, the cooperative has enabled them to grow and market nutritious organic produce effectively. In 2022 alone, Urban Agriculture Cooperative supported over thirty Farmer's Markets and fulfilled various wholesale orders for locally grown fruits, vegetables, herbs, and flowers, amounting to $110,700 in sales to community schools, nonprofit organizations, residents, and food pantries in Newark, NJ. Through consultations and guidance, the cooperative has helped urban farmers improve their businesses and establish sustainable agricultural practices, contributing to a healthier and more food-secure community.
This information is meant to be a general summary of Urban Agriculture Cooperative. 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: $994
- Program Service Revenue: $249,194
- Gross Receipts: $541,756
Assets and Liabilities:
- Total Assets: $326,391
- Total Liabilities: $34,072
- Net Assets: $292,319
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Consulting
Revenue
$132,000
Farmer's Market Proceeds
Revenue
$110,694
Other Invome
Revenue
$6,500
Organization Details
Founding Year
2017
Phone
(908) 208-7244Principal Officer
Emilio S Panasci
Main Address
58 CRAWFORD STREET 1, NEWARK, NJ, 07102
NTEE Category
Code: K02 - Food
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