Corporation For Findlay Market Of Cincinnati
- Assets
- $5.7m
- Revenue
- $3.0m
- Investments
- $0.0
- Employees
- 97
- Location
- Cincinnati, OH
- Founding
- 08/2001
- Data as of
- 06/2021
- EIN
- 31-1740317
Organization Overview
Corporation For Findlay Market Of Cincinnati is located in Cincinnati, OH. The organization was established in 2001. According to its NTEE Classification (S30) the organization is classified as: Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Corporation For Findlay Market Of Cincinnati employed 97 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Corporation For Findlay Market Of Cincinnati is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Corporation For Findlay Market Of Cincinnati generated $3.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $3.2m during the year ending 06/2021. While expenses have increased by 10.1% per year over the past 6 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
HISTORIC FINDLAY MARKET CONNECTS FARMERS, PRODUCERS, SELLERS AND CUSTOMERS IN A DYNAMIC, DIVERSE PUBLIC MARKETPLACE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO MANAGE AND OPERATE THE HISTORIC FINDLAY MARKET OF CINCINNATI, OHIO.
TO DEVELOP AN INCUBATOR KITCHEN TO SUPPORT THE LAUNCH OF NEW FOOD RELATED BUSINESSES.
MIGHTY GOOD IS A WORKFORCE DEVELOPMENT PROGRAM WILL TRAIN STUDENTS ON BOTH SOFT SKILLS AND CULINARY SKILLS, THEN ALLOW THEM TO LEARN IN A LIVE ENVIRONMENT, MIGHTY GOOD, THE RESTAURANT WILL HAVE COMMUNAL TABLES AND THE MENU WILL CONSIST OF SMALL PLATES, ENCOURAGING DINERS TO SHARE, CONNECT AND SPEND TIME WITH ONE ANOTHER.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Hansbauer Joseph President & CEO | OfficerTrustee | 40 | $116,644 |
Combs Jason Treasurer | OfficerTrustee | 7 | $0 |
Gerhardt Chip Chair | OfficerTrustee | 7 | $0 |
Hager Lia Vice Chair | OfficerTrustee | 7 | $0 |
Linneman Rob Past Chair | OfficerTrustee | 4 | $0 |
Taylor Deana Secretary | Officer | 7 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $594,111 |
| All other contributions, gifts, grants, and similar amounts not included above | $344,080 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $938,191 |
| Total Program Service Revenue | $1,723,735 |
| Investment income | $16,535 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $212,911 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $156,542 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,047,914 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $130,671 |
| Compensation of current officers, directors, key employees. | $26,134 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,350,665 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $220,971 |
| Payroll taxes | $150,523 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $32,755 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $27,923 |
| Advertising and promotion | $23,707 |
| Office expenses | $108,489 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $437,439 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,558 |
| Interest | $59,190 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $217,061 |
| Insurance | $43,693 |
| All other expenses | $52,695 |
| Total functional expenses | $3,212,633 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $568,686 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $189,546 |
| Accounts receivable, net | $186,216 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,653,855 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $46,116 |
| Net Land, buildings, and equipment | $2,626,606 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $443,020 |
| Total assets | $5,714,045 |
| Accounts payable and accrued expenses | $407,271 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $3,790,135 |
| Other liabilities | $26,962 |
| Total liabilities | $4,224,368 |
| Net assets without donor restrictions | $1,231,211 |
| Net assets with donor restrictions | $258,466 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $5,714,045 |
Grants Recieved
Over the last fiscal year, we have identified 5 grants that Corporation For Findlay Market Of Cincinnati has recieved totaling $186,880.
| Awarding Organization | Amount |
|---|---|
Greater Cincinnati Foundation Cincinnati, OH PURPOSE: GENERAL PURPOSE | $121,800 |
Main Street Ventures Cincinnati, OH PURPOSE: SEED FUNDING | $30,000 |
Helen G Henryf And Louise Tuechter Dornette Foundation Cincinnati, OH PURPOSE: PROJECT/PROGRAM SUPPORT | $25,000 |
The National Restaurant Association Educational Foundation Washington, DC PURPOSE: Restaurant Ready Program | $10,000 |
The Duke Energy Foundation Charlotte, NC PURPOSE: MATCHING GIFTS | $80 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pidc Financing Corp Philadelphia, PA | $6,556,052 | $18,403,713 |
Visit Indy Inc Indianapolis, IN | $20,981,890 | $14,589,218 |
Purchase Area Development District Inc Mayfield, KY | $0 | $14,269,202 |
The Convention And Visitors Bureau Of Greater Cleveland Inc Cleveland, OH | $25,296,918 | $17,425,666 |
Ridc Regional Growth Fund Pittsburgh, PA | $36,670,171 | $9,947,122 |
Columbus Downtown Development Corporation Columbus, OH | $118,710,723 | $12,117,471 |
Delaware County Economic Development Oversight Board Media, PA | $2,255,958 | $10,697,300 |
Metropolitan Detroit Convention & Vistors Bureau Detroit, MI | $36,765,048 | $14,015,809 |
Alleghenies Planning And Development Commission Altoona, PA | $25,721,818 | $9,986,298 |
Greater Philadelphia Tourism Marketing Corporation Philadelphia, PA | $11,403,385 | $8,019,397 |
Detroit Economic Growth Corp Detroit, MI | $7,209,211 | $10,420,774 |
Lawrence Economic Development Corporation South Point, OH | $62,339,240 | $9,945,474 |