Overview
What is Potlikker Capital?
Potlikker Capital is a nonprofit organization committed to addressing racial and climate justice in the United States, particularly in rural farming communities. They offer a holistic approach to serving Black, Indigenous, and People of Color (BIPOC) farmers by providing financial assistance through lending and grantmaking. The organization also offers loans to related agribusinesses and charitable organizations that impact disadvantaged areas. By incorporating community-driven governance into their capital assistance, Potlikker Capital aims to uplift BIPOC farmers and contribute to sustainable farming practices.
Official website here: www.potlikkercapital.com
Is Potlikker Capital legitimate?
Potlikker Capital is a legitimate nonprofit organization registered as a 501(c)(3) entity. Potlikker Capital 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: $354,094
Professional Fundraising Fees: $0
Other Salaries and Wages: $86,189
For more financial information, click here
Official website here: www.potlikkercapital.com
What is the mission statement of Potlikker Capital?
Potlikker Capital is dedicated to serving Black, Indigenous, and People of Color (BIPOC) farmers in the United States, focusing on the intersection of racial and climate justice. Their mission is achieved through a multifaceted approach, which includes providing financial assistance through lending and grantmaking, as well as offering grants and loans to related agribusinesses and charitable organizations operating in disadvantaged rural farming communities. The organization's approach to capital assistance combines financial support with community-driven governance, aiming to create sustainable and equitable opportunities for BIPOC farmers.
Official website here: www.potlikkercapital.com
Who is the CEO of Potlikker Capital?
Mark Watson is the President/Director of Potlikker Capital.
Official website here: www.potlikkercapital.com
What is the revenue of Potlikker Capital?
Potlikker Capital's revenue in 2022 was $1,291,869.
Official website here: www.potlikkercapital.com
Who are the executives of Potlikker Capital and what are their salaries?
The average compensation at Potlikker Capital during 2022 was $62,898. There are 7 employees and 14 volunteers at Potlikker Capital.
Here are 11 key members and their salaries:
- Compensation: $150,000
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- Compensation: $106,538
- Related: $0
- Other: $0
Official website here: www.potlikkercapital.com
Where can I find the form 990 for Potlikker Capital?
Potlikker Capital's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.potlikkercapital.com
Learn more at the official website: www.potlikkercapital.com
Mission Statement of Potlikker Capital
Potlikker Capital is an organization that is dedicated to serving Black, Indigenous, and People of Color (BIPOC) farmers in the United States. Their mission lies at the intersection of racial and climate justice. They achieve this mission through a holistic approach, providing financial assistance in the form of loans and grants to agribusinesses and charitable organizations that impact disadvantaged areas, primarily in rural farming communities. This financial support is not just monetary; Potlikker Capital also incorporates community-driven governance, ensuring that the recipients of their aid are actively involved in the decision-making process. By doing so, Potlikker Capital seeks to empower BIPOC farmers and contribute to a more equitable and sustainable agricultural landscape.
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Impact
October, 2024
Potlikker Capital significantly impacts BIPOC farmers and rural farming communities across the United States by integrating financial support with community-driven governance. By providing loans and grants, it directly addresses the challenges faced by disadvantaged agricultural sectors, particularly at the intersection of racial and climate justice. This holistic approach not only enhances the economic resilience of these communities but also promotes sustainable farming practices that are critical in the face of climate change. By focusing on holistic support for farmers and related agribusinesses, Potlikker Capital fosters community improvement and empowers marginalized groups, ensuring that their voices are included in decision-making processes that affect their livelihoods and environment.
This information is meant to be a general summary of Potlikker Capital. 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: $12
- Program Service Revenue: $3,371
- Gross Receipts: $1,291,869
Assets and Liabilities:
- Total Assets: $2,893,690
- Total Liabilities: $1,425,620
- Net Assets: $1,468,070
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INTEREST INCOME - BORR
Revenue
$3,371
Organization Details
Founding Year
2020
Phone
(800) 319-5660Principal Officer
Mark Watson
Main Address
PO BOX 778, ITHACA, NY, 14851
Website
www.potlikkercapital.comNTEE Category
Code: S11 - Community improvement
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