Grand Rapids Farmers Market
- Assets
- $10.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Palisade, MN
- Founding
- Data as of
- 12/2021
- EIN
- 27-4848701
Organization Overview
Grand Rapids Farmers Market is located in Palisade, MN.
For the year ending 12/2021, Grand Rapids Farmers Market generated $107.9k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $110.5k during the year ending 12/2021. While expenses have increased by 9.4% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
ORGANIZE AND FACILITATE A MARKET VENUE FOR LOCAL FARMERS. WE EDUCATE THE PUBLIC ON THE VALUE OF LOCAL FOODS. WE PROVIDE THE NECESSARY SPACE & EQUIPMENT SO THAT FARMERS CAN SELL TO CONSUMERS USING ALL FORMS OF PAYMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
K Fletcher Aggregation Manager | 7.5 | $4,756 | |
Sally Niemi Mkt Mgr | 20 | $4,267 | |
V Christiansen Staff | 12 | $2,944 | |
K Lorentzen Tres | 20 | $975 | |
J Davis Publicity Dir | 5 | $0 | |
J Jewett Pres | 20 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $14,536 |
| Total Program Service Revenue | $93,044 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $337 |
| Total Revenue | $107,917 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $14,085 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $379 |
| Printing, publications, postage, and shipping | $90 |
| Other expenses | $95,958 |
| Total expenses | $110,512 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,944 |
| Other assets | $0 |
| Total assets | $10,263 |
| Total liabilities | $6,157 |
| Net assets or fund balances | $4,106 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Grand Rapids Farmers Market has recieved totaling $23,605.
| Awarding Organization | Amount |
|---|---|
Hunger Solutions Minnesota St Paul, MN PURPOSE: HUNGER RELIEF | $17,255 |
Grand Rapids Area Community Fndtn Grand Rapids, MN PURPOSE: Annual Distribution | $6,350 |
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