Wabasha Area Food Share Inc
- Assets
- $247.6k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 1
- Location
- Wabasha, MN
- Founding
- 07/1987
- Data as of
- 12/2023
- EIN
- 41-1543085
Organization Overview
Wabasha Area Food Share Inc is located in Wabasha, MN. The organization was established in 1987. According to its NTEE Classification (M99) the organization is classified as: Public Safety, Disaster Preparedness & Relief N.E.C., under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wabasha Area Food Share Inc 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 12/2023, Wabasha Area Food Share Inc generated $137.0k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 51.3% each year . All expenses for the organization totaled $108.5k during the year ending 12/2023. While expenses have increased by 30.9% per year over the past 3 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
2023
Describe the Organization's Program Activity:
Part 3
PROVIDED FOOD TO LOW INCOME PERSONS. IN 2023, 11,751 PERSONS SERVED WITH FREE FOOD FROM THE FOOD SHELF, DELIVERING 244,570 POUNDS OF FOOD. FOOD LARGELY PURCHASED THROUGH CHANNEL ONE REGIONAL FOOD BANK, ROCHESTER, MN, SUPPLEMENTED AS NEEDED BY PURCHASES FROM LOCAL STORES. ALL VOLUNTEER BOARD AND OFFICERS. IN 2021 WE HIRED A HALF TIME PAID MANAGER, ALL OTHERS STAFFING OUR FOOD SHARE OPERATION ARE VOLUNTEERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Martha Black Manager | 25 | $26,614 | |
Mary O'brien Director And Vice President | 10 | $0 | |
Irene Flies Treasurer, Director | 10 | $0 | |
Chris Simonson Director, President | 15 | $0 | |
James Duvall Secretary, Director | 10 | $0 | |
Emily Durand Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $132,957 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $3,617 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $382 |
| Total Revenue | $136,956 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $26,614 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $6,680 |
| Printing, publications, postage, and shipping | $861 |
| Other expenses | $3,343 |
| Total expenses | $108,527 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $247,582 |
| Other assets | $0 |
| Total assets | $247,582 |
| Total liabilities | $0 |
| Net assets or fund balances | $247,582 |