New Bern Craven County Area Farmers Market Inc
- Assets
- $80.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- New Bern, NC
- Founding
- 05/1982
- Data as of
- 12/2021
- EIN
- 58-1461999
Organization Overview
New Bern Craven County Area Farmers Market Inc is located in New Bern, NC. The organization was established in 1982. According to its NTEE Classification (K30) the organization is classified as: Food Programs, 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. New Bern Craven County Area Farmers Market Inc 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, New Bern Craven County Area Farmers Market Inc generated $40.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $38.9k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 7 years. 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
MARKET OPEN SATURDAYS YEAR ROUND AND ON TUESDAYS FROM APRIL THROUGH DECEMBER WITH LOCAL PRODUCE,PLANTS,EGGS,POULTRY,BAKED GOODS, AND VALUE ADDED PRODUCTS. GUEST CHEF PROGRAMS,COOPERATIVE EXTENSION SERVICE PROGRAMS. AT LEAST 10,000 PEOPLE SERVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sabrina Bengel Director | 0 | $0 | |
Donald Heath Director | 0 | $0 | |
Brantley Sturgis Secretary | 1 | $0 | |
Craig Emmerich Director | 0 | $0 | |
Julie Mckeon Market Manager | 6 | $0 | |
Tom Glasgow Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,760 |
| Total Program Service Revenue | $32,840 |
| Membership dues | $4,030 |
| Investment income | $72 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $40,702 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $525 |
| Occupancy, rent, utilities, and maintenance | $9,403 |
| Printing, publications, postage, and shipping | $148 |
| Other expenses | $28,827 |
| Total expenses | $38,903 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $75,713 |
| Other assets | $0 |
| Total assets | $80,164 |
| Total liabilities | $294 |
| Net assets or fund balances | $79,870 |
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