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Common Market Texas Incorporated

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 822421349 ✦ Houston, TX ✦ Designated as a 501(c)(3)

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Overview

What is Common Market Texas Incorporated?

Common Market Texas Incorporated is a nonprofit organization situated in Houston, Texas. Their primary focus is on distributing locally grown and sustainably produced food items, aiming to support and promote the regional farming system. By doing so, they aim to expand community food access in underserved areas. In addition to distribution, the organization implements educational programs to improve local food access for residents. Their operations resulted in $872,676 in gross sales of local produce and $899,160 in cost of goods sold. The organization employs a team of six individuals to carry out its mission.

Is Common Market Texas Incorporated legitimate?

Common Market Texas Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Common Market Texas 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: $89,262
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,355

For more financial information, click here

What is the mission statement of Common Market Texas Incorporated?

Common Market Texas Incorporated, a non-profit organization, focuses on distributing locally and sustainably produced foods. Its public purpose is to implement educational programs aimed at improving access to local foods for residents of underserved areas. By doing so, the organization strives to support and promote the regional farming system and expand community food access. The organization's activities, as shown in their financial records, include generating $872,676 in gross sales of local produce and incurring $899,160 in cost of goods sold.

Who is the CEO of Common Market Texas Incorporated?

Tatiana Garcia-Granados is the Board Member of Common Market Texas Incorporated.

What is the revenue of Common Market Texas Incorporated?

Common Market Texas Incorporated's revenue in 2022 was $181,267.

Who are the executives of Common Market Texas Incorporated and what are their salaries?

The average compensation at Common Market Texas Incorporated during 2022 was $17,770. There are 6 employees at Common Market Texas Incorporated.


Here are 9 key members and their salaries:


Evan Driscoll (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Haile Johnston (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $190,718
Margaret Smith (Executive Director)
  • Compensation: $89,262
  • Related: $0
  • Other: $0
Megan Hoag (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Maggiani (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sam Newman (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anneliese Tanner (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lharissa Jacobs (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eddie Andrew (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Common Market Texas Incorporated?

Common Market Texas Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Common Market Texas Incorporated

Common Market Texas Incorporated, a non-profit organization, is dedicated to distributing locally and sustainably produced foods. Its public purpose is to improve access to these local foods for residents of underserved areas. The organization achieves this mission by implementing educational programs, thereby supporting the regional farm system and expanding community food access. This work is evident in their gross sales of $872,676 in local produce and $899,160 in cost of goods sold, which are not included in their program income and expenses. In essence, Common Market Texas Incorporated is committed to promoting local food production and making it more accessible to communities that may not have easy access to fresh, locally grown produce.

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Impact




October, 2024

Common Market Texas Incorporated significantly enhances the local community by distributing locally and sustainably produced foods, thereby promoting access to healthy food options for residents in underserved areas. By implementing educational programs that focus on the benefits of local foods, the organization cultivates an awareness of sustainable eating practices and the importance of supporting regional farmers.

In its commitment to the regional farm system, Common Market Texas not only supplies high-quality produce but also stimulates local agricultural economies. For instance, with over $872,000 in gross sales of local produce, it is clear that the organization is making a substantial impact on both food accessibility and local agriculture. This initiative helps ensure that community members can access fresh, nutritious food, enhancing public health and wellbeing.

Furthermore, the efforts of Common Market Texas contribute to a more resilient food system by connecting consumers directly with local farmers, fostering a sense of community, and encouraging sustainable practices that benefit the environment. The organization's work stands as a model of how food distribution can be intertwined with education and community engagement, ensuring that everyone has the chance to thrive.




This information is meant to be a general summary of Common Market Texas 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.

Revenue
$181,267 (2022)
Expenses
$359,953 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $30,000
  • Gross Receipts: $1,080,427

Assets and Liabilities:

  • Total Assets: $495,827
  • Total Liabilities: $598,789
  • Net Assets: -$102,962

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FEE FOR SERVICE CONTRACTS

Revenue

$30,000

Organization Details

Founding Year

2017

Principal Officer

Tatiana Garcia-Granados

Main Address

2121 GULF CENTRAL DRIVE, HOUSTON, TX, 77023

NTEE Category

Code: K30 - Food

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