Rochester Downtown Farmers Market Association
- Assets
- $61.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rochester, MN
- Founding
- 02/2009
- Data as of
- 12/2021
- EIN
- 20-3177629
Organization Overview
Rochester Downtown Farmers Market Association is located in Rochester, MN. The organization was established in 2009. According to its NTEE Classification (K99) the organization is classified as: Food, Agriculture & Nutrition N.E.C., under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rochester Downtown Farmers Market Association is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Rochester Downtown Farmers Market Association generated $85.1k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $75.0k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
OPERATES A FARMER'S MARKET IN THE CITY OF ROCHESTER MINNESOTA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Syverson President | 2 | $0 | |
Andrew Serio Vice Preside | 1 | $0 | |
Cathy Moenning Secretary | 1 | $0 | |
Doug Bibus Director | 1 | $0 | |
Hailey Nahrang Director | 1 | $0 | |
Shanna Mccann Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $17,864 |
| Total Program Service Revenue | $65,639 |
| Membership dues | $1,603 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $85,109 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $49,301 |
| Professional fees and other payments to independent contractors | $4,310 |
| Occupancy, rent, utilities, and maintenance | $4,743 |
| Printing, publications, postage, and shipping | $1,411 |
| Other expenses | $15,229 |
| Total expenses | $74,994 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $60,951 |
| Other assets | $0 |
| Total assets | $60,951 |
| Total liabilities | $0 |
| Net assets or fund balances | $60,951 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rochester Downtown Farmers Market Association has recieved totaling $19,740.
| Awarding Organization | Amount |
|---|---|
Hunger Solutions Minnesota St Paul, MN PURPOSE: HUNGER RELIEF | $19,740 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Good Acre Saint Paul, MN | $2,161,801 | $2,336,173 |
Kinship Mke Inc Milwaukee, WI | $4,987,753 | $2,706,784 |
St Vincent De Paul Thrift Store Inc Marshfield, WI | $3,892,280 | $1,717,707 |
Rural Enterprise For Acceptable Living Inc Marshall, MN | $669,406 | $895,554 |
Iowa Restaurant Association West Des Moines, IA | $289,803 | $784,480 |
Health Research Institute Fairfield, IA | $294,811 | $596,439 |
Cornucopia Institute Incorporated Viroqua, WI | $1,310,459 | $989,761 |
Minnesota Restaurant Association Minneapolis, MN | $1,058,721 | $728,340 |
Nourish Farms Inc Sheboygan Falls, WI | $2,156,397 | $713,835 |
Minnesota Dairy Initiative Cologne, MN | $172,574 | $677,541 |
Fondy Food Center Inc Milwaukee, WI | $490,440 | $496,291 |
Wisconsin Wine And Spirit Institute Madison, WI | $125,060 | $518,293 |