Overview
What is Ecosystem Services Market Consortium?
The Ecosystem Services Market Consortium (ESMC) is a non-profit organization based in Falls Church, Virginia. Its mission is to establish a national-scale market program for agriculture, recognizing and rewarding farmers and ranchers for their environmental services to society. ESMC's members represent various sectors of the agricultural industry, including food production and supply chain partners, with whom they collaborate to scale sustainable agricultural sector outcomes such as reduced greenhouse gas emissions, improved water quality, and increased soil carbon. In 2022, the organization continued to innovate, test, and refine its market program, with a focus on project development, partnership engagement models, data collection, and the implementation of advanced tools and technologies. Throughout the year, ESMC launched 16 demonstration projects across eight regions, targeting the enrollment of 500,000 acres in 2022 projects. The organization also made significant progress in refining its protocols, data collection methods, and verification processes, aiming for streamlined, cost-efficient program operations. With the support of various grants and collaborators, ESMC has achieved substantial progress since its launch in 2019.
Official website here: www.ecosystemservicesmarket.org
Is Ecosystem Services Market Consortium legitimate?
Ecosystem Services Market Consortium is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ecosystem Services Market Consortium 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: $421,666
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,669,983
For more financial information, click here
Official website here: www.ecosystemservicesmarket.org
What is the mission statement of Ecosystem Services Market Consortium?
The Ecosystem Services Market Consortium is a non-profit organization that aims to foster marketplaces that encourage farmers and ranchers to enhance their environmental practices, particularly focusing on improving soil health systems for the benefit of society. The consortium's mission is to compensate those who make a positive environmental impact through their agricultural practices. The market program the consortium runs helps reduce greenhouse gases, improve water quality, and increase other ecosystem services that benefit society. The consortium has made significant progress in refining its program, achieving critical cost-efficiencies, and scaling operations, with projects covering over 55,000 acres. The consortium is continuously working on enhancing its operations and systems and implementing various research and development projects focused on soil health, greenhouse gas emissions, and water quality.
Official website here: www.ecosystemservicesmarket.org
What is the revenue of Ecosystem Services Market Consortium?
Ecosystem Services Market Consortium's revenue in 2024 was $3,397,008.
Official website here: www.ecosystemservicesmarket.org
Who are the executives of Ecosystem Services Market Consortium and what are their salaries?
The average compensation at Ecosystem Services Market Consortium during 2024 was $116,203. There are 18 employees and 13 volunteers at Ecosystem Services Market Consortium.
Here are 10 key members and their salaries:
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- Other: $2,910
Official website here: www.ecosystemservicesmarket.org
Where can I find the form 990 for Ecosystem Services Market Consortium?
Ecosystem Services Market Consortium's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.ecosystemservicesmarket.org
Learn more at the official website: www.ecosystemservicesmarket.org
Mission Statement of Ecosystem Services Market Consortium
The Ecosystem Services Market Consortium, a non-profit organization, is dedicated to advancing ecosystem service markets that incentivize farmers and ranchers to improve their soil health systems, benefiting society as a whole. The Consortium works to compensate farmers and ranchers who prioritize environmental stewardship through their agricultural practices, aiming to reduce greenhouse gases, improve water quality, and increase other ecosystem services.
By launching a national-scale ecosystem services market program for agriculture, the Consortium recognizes and rewards farmers and ranchers for their contributions to the environment. The organization's members, representing various sectors of the agricultural supply chain, are working together to scale sustainable agricultural sector outcomes, including increased soil carbon, reduced net greenhouse gases, and improved water quality and water use conservation.
Throughout 2022, the Consortium continued to engage agricultural value chain and supply chain partners in market program innovation, testing, and refinement. Significant advancements were made in program operations and systems, leading to critical cost-efficiencies and streamlined programmatic processes. The Consortium launched 16 demonstration projects with partners across eight regions, covering more than 55,000 acres. Many of these projects have achieved a state of market-readiness, enabling them to become scaled market projects. The Consortium is targeting enrollment of 500,000 acres in 2022 projects, with program expansion into California's Central Valley and the Chesapeake Bay regions. The Consortium has also incorporated enhancements and innovations into its national-scale, harmonized, standardized ecosystem services market program, aiming to create a more efficient and cost-effective platform for environmental stewardship in agriculture.
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Impact
June, 2024
The Ecosystem Services Market Consortium (ESMC) has made a significant impact by advancing ecosystem service markets that incentivize farmers and ranchers to improve soil health systems for the benefit of society. Their national-scale ecosystem services market program recognizes and rewards agricultural producers for their environmental services, including increased soil carbon, reduced greenhouse gases, and improved water quality and conservation. Through engaging agricultural value chain and supply chain partners, launching demonstration projects, and refining program protocols and technologies, ESMC has successfully scaled sustainable agricultural outcomes across various regions. Their efforts have led to the enrollment of thousands of acres in market projects, with ongoing research and development projects focused on soil organic carbon, greenhouse gases, and water quality. By promoting sustainable agricultural practices and supporting farmers in enhancing ecosystem services, ESMC is playing a crucial role in addressing environmental challenges and benefiting society as a whole.
This information is meant to be a general summary of Ecosystem Services Market Consortium. 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 2024.
- Investment Income: $3,661
- Program Service Revenue: $836,391
- Gross Receipts: $3,397,008
Assets and Liabilities:
- Total Assets: $4,460,746
- Total Liabilities: $1,870,589
- Net Assets: $2,590,157
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MARKET PROGRAM PARTNER
Revenue
$836,391
Organization Details
Founding Year
2020
Principal Officer
Alana Pacheco
NTEE Category
Code: C30 - Environment
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