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Southeast Regional Cooperative Inc

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

EIN: 822707649 ✦ East point, GA ✦ Designated as a 501(c)(3)

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Overview

What is Southeast Regional Cooperative Inc?

Southeast Regional Cooperative Inc, a 501(C)3 organization based in East Point, Georgia, serves as a supporting entity for Feeding America food banks across seven southeastern states. Their mission is to provide a consistent demand for fresh produce to these food banks, focusing on quantity, quality, and variety. They do this by aggregating produce demand from various food banks and matching it with surplus produce from the southeastern states and beyond. By building donor relationships and lowering logistics costs, they aim to reduce the cost of acquiring fresh produce, thereby increasing the amount of donated produce for their supported member food banks. With a team of four dedicated individuals, Southeast Regional Cooperative Inc negotiates and procures excess donated produce and freight costs for participating food banks, managing a contracted mixing facility to aggregate straight commodity truckloads and cross-dock the produce, creating mixed commodity truckloads for distribution to the supported food banks.


Official website here: www.seregcoop.org

Is Southeast Regional Cooperative Inc legitimate?

Southeast Regional Cooperative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southeast Regional Cooperative 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: $130,433
Professional Fundraising Fees: $0
Other Salaries and Wages: $97,998

For more financial information, click here


Official website here: www.seregcoop.org

What is the mission statement of Southeast Regional Cooperative Inc?

The Southeast Regional Cooperative Inc, serving as a Type I supporting organization for Feeding America food banks in the southeastern United States, aims to facilitate donations and purchases of produce at the lowest possible cost. Their mission is to provide a consistent level of demand to growers, distributors, and other supply chain participants in the region. By aggregating produce demand from food banks across the southeast, the cooperative matches this demand with surplus produce from the southeastern states and other regions, thereby reducing the cost of acquisition for fresh produce for the supported member food banks. The cooperative negotiates and procures excess donated produce and freight costs for participating food banks, and manages a contracted mixing facility to aggregate straight commodity truckloads and cross-dock the produce, creating mixed commodity truckloads that are then distributed to the supported food banks.


Official website here: www.seregcoop.org

Who is the CEO of Southeast Regional Cooperative Inc?

Chris Flint is the Chairman of Southeast Regional Cooperative Inc.


Official website here: www.seregcoop.org

What is the revenue of Southeast Regional Cooperative Inc?

Southeast Regional Cooperative Inc's revenue in 2021 was $3,598,655.


Official website here: www.seregcoop.org

Who are the executives of Southeast Regional Cooperative Inc and what are their salaries?

The average compensation at Southeast Regional Cooperative Inc during 2021 was $57,108. There are 4 employees and 10 volunteers at Southeast Regional Cooperative Inc.


Here are 11 key members and their salaries:


Kyle Waide (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Werbicki (Secretary & Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joshua Matthews (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robin Safley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Charles Beady (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret Grant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Bornac (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Mccollum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Stapleton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Angela Eubanks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Flint (Executive Director)
  • Compensation: $124,308
  • Related: $0
  • Other: $6,125


Official website here: www.seregcoop.org

Where can I find the form 990 for Southeast Regional Cooperative Inc?

Southeast Regional Cooperative Inc's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.seregcoop.org

Learn more at the official website: www.seregcoop.org

Mission Statement of Southeast Regional Cooperative Inc

Southeast Regional Cooperative Inc, as a Type I supporting organization of Feeding America food banks in the Southeastern United States, has a mission to facilitate donations of produce and make purchases at the lowest possible cost. The primary goal of this nonprofit is to provide a consistent level of demand to growers, distributors, and other supply chain participants in the region. By aggregating produce demand from food banks throughout the Southeast and matching it with surplus produce from the Southeastern states and across the country, Southeast Regional Cooperative Inc seeks to reduce the cost of acquisition for fresh produce for its supported member food banks. The nonprofit achieves this by building donor relationships and lowering logistics costs, thereby increasing the amount of fresh donated produce available for the food banks it serves. The organization also negotiates and procures excess donated produce and freight costs for participating food banks, and manages a contracted mixing facility where it aggregates straight commodity truckloads and cross-docks the produce to create mixed commodity truckloads for distribution to the food banks.

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Impact




October, 2024

Southeast Regional Cooperative Inc significantly enhances food security in the Southeastern United States by streamlining the distribution of fresh produce to food banks across seven states. By strategically aggregating demand from these food banks, the Cooperative effectively matches it with surplus produce, thereby maximizing the availability of healthy food options for individuals and families in need.

The Cooperative focuses on improving the quality, quantity, and variety of fresh produce delivered to food banks, which is crucial in addressing nutritional needs in underserved communities. Through the establishment of strong relationships with donors, the Southeast Regional Cooperative lowers acquisition costs, enabling more resources to be allocated towards providing fresh food.

Additionally, by negotiating excess donated produce and managing logistics efficiently, the Cooperative minimizes freight costs and enhances the overall supply chain for food banks. This innovative approach includes operating a contracted mixing facility, which aggregates different types of produce into mixed commodity truckloads, ensuring that food banks receive a diverse range of fresh items.

Ultimately, the Southeast Regional Cooperative's operations not only facilitate donations and reduce costs but also maintain a consistent demand for produce among growers and distributors. This creates a sustainable cycle of support that strengthens local food systems and directly contributes to alleviating hunger in the region.




This information is meant to be a general summary of Southeast Regional Cooperative 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.

Revenue
$3,598,655 (2021)
Expenses
$4,012,977 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Program Service Revenue: $897,637
  • Gross Receipts: $8,912,373

Assets and Liabilities:

  • Total Assets: $669,644
  • Total Liabilities: $564,782
  • Net Assets: $104,862

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Programs

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

FREIGHT INCOME

Revenue

$751,526

OTHER

Revenue

$146,111

Organization Details

Founding Year

2017

Principal Officer

Chris Flint

Main Address

3400 N DESERT DR, EAST POINT, GA, 30344

NTEE Category

Code: K12 - Food

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