Rail Yards Market

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

EIN: 851171319 ✦ Albuquerque, NM ✦ Designated as a 501(c)(3)

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Overview

What is Rail Yards Market?

Rail Yards Market is a vibrant nonprofit organization situated in Albuquerque, New Mexico, with an address at 1309 4th Street SW. Their primary purpose is to champion and showcase the rich cuisine, culture, and art of Albuquerque and New Mexico as a whole. Through their collaborative efforts with local neighborhoods, they have successfully supported 190 seasonal jobs and attracted over 131,000 customers to 29 various events. Additionally, they have distributed Food Nutrition Services to a substantial number of individuals, contributing positively to the local community. The Rail Yards Market's mission is a testament to its commitment to promoting diversity and celebrating the unique characteristics of its home city and state.


Official website here: www.railyardsmarket.org

Is Rail Yards Market legitimate?

Rail Yards Market is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rail Yards Market 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: $46,377
Professional Fundraising Fees: $0
Other Salaries and Wages: $67,606

For more financial information, click here


Official website here: www.railyardsmarket.org

What is the mission statement of Rail Yards Market?

The Rail Yards Market's mission is centered around celebrating and promoting the rich culinary heritage, culture, and artistic talents of Albuquerque and New Mexico as a whole. They accomplish this by collaborating with nearby communities and supporting local businesses. The market has contributed significantly to employment, with 519 seasonal jobs created. It has also attracted a large number of customers, with 131,873 attending various events held at the market. Furthermore, the Rail Yards Market has distributed a substantial amount of Food Nutrition Services to support the community.


Official website here: www.railyardsmarket.org

Who is the CEO of Rail Yards Market?

Laura Piper is the Executive Director of Rail Yards Market.


Official website here: www.railyardsmarket.org

What is the revenue of Rail Yards Market?

Rail Yards Market's revenue in 2022 was $303,059.


Official website here: www.railyardsmarket.org

Who are the executives of Rail Yards Market and what are their salaries?

The average compensation at Rail Yards Market during 2022 was $5,999. There are 19 employees and 52 volunteers at Rail Yards Market.


Here are 13 key members and their salaries:


Laura Piper (Executive Director)
  • Compensation: $46,377
  • Related: $0
  • Other: $0
Christopher Frechette (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deonte Halsey (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Nacke (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Romero (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Rogers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leslie Shioshita (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Courtney Bell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Garcia (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frances Armijo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ansely Emeanuwa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Danielle Schlobom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Alfaro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.railyardsmarket.org

Where can I find the form 990 for Rail Yards Market?

Rail Yards Market's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.railyardsmarket.org

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

Mission Statement of Rail Yards Market

Rail Yards Market, a vibrant entity, is dedicated to honoring and championing the rich culinary heritage, culture, and art of Albuquerque and New Mexico as a whole. Its mission is multifaceted, encompassing the celebration and promotion of the region's diverse offerings. By collaborating with neighboring communities, Rail Yards Market contributes to a sense of unity and shared appreciation for the area's unique identity.

Throughout its operations, the market supports local employment, creating seasonal jobs for a substantial number of individuals. Furthermore, it attracts a significant number of visitors, with over 131,873 customers attending various events held at the market. These events serve as platforms to showcase the region's diverse cuisine, art, and culture, providing a valuable opportunity for both locals and tourists to engage with these offerings.

In addition to its event-based activities, Rail Yards Market is also committed to distributing Food Nutrition Services to its patrons. This initiative underscores its dedication to promoting accessibility and inclusivity, ensuring that the diverse community it serves can partake in the rich offerings it presents. In doing so, Rail Yards Market not only celebrates the diverse cuisine, culture, and art of Albuquerque and New Mexico but also actively contributes to the well-being of its community.

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Impact




October, 2024

The Rail Yards Market plays a significant role in enhancing the cultural and economic landscape of Albuquerque, New Mexico. By celebrating and promoting the region's diverse cuisine, culture, and art, it fosters a vibrant community atmosphere that attracts both locals and visitors.

With 29 events attracting 131,873 attendees, the market acts as a hub for community engagement, bringing together various neighborhoods and creating a sense of unity. The operational success has also led to the support of 519 seasonal jobs, providing economic benefits and opportunities for local residents.

Moreover, the market's distribution of $140,000 in Food Nutrition Services underscores its commitment to addressing food insecurity and promoting healthy eating. This aspect not only showcases the market's dedication to community welfare but also its role in enhancing the accessibility of fresh and nutritious food.

In summary, the Rail Yards Market is a catalyst for cultural appreciation, economic growth, and social responsibility within Albuquerque, making it a vital component of the community's fabric.




This information is meant to be a general summary of Rail Yards Market. 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
$303,059 (2022)
Expenses
$182,203 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $145
  • Program Service Revenue: $261,019
  • Gross Receipts: $364,840

Assets and Liabilities:

  • Total Assets: $299,888
  • Total Liabilities: $3,674
  • Net Assets: $296,214

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Programs

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

Contracts

Revenue

$68,000

Booth Fees

Revenue

$193,019

Organization Details

Founding Year

2020

Principal Officer

Laura Piper

Main Address

1309 4th Street SW, Albuquerque, NM, 87102

NTEE Category

Code: K01 - Food

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