Illinois Farmers Market Association Nfp
- Assets
- $54.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- North Aurora, IL
- Founding
- 06/2013
- Data as of
- 12/2023
- EIN
- 61-1682554
Organization Overview
Illinois Farmers Market Association Nfp is located in North Aurora, IL. The organization was established in 2013. According to its NTEE Classification (K02) the organization is classified as: Management & Technical Assistance, 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. Illinois Farmers Market Association Nfp 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, Illinois Farmers Market Association Nfp generated $77.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $71.7k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (4.7%) per year over the past 6 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
2023
Describe the Organization's Program Activity:
Part 3
THE GOAL OF THE ILLINOIS FARMERS MARKET ASSOCIATION (ILFMA) IS TO PROVIDE EDUCATIONAL SUPPORT & RESOURCES FOR FARMERS MARKET ORGANIZATIONS, VENDORS AND OTHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Yescenia Moto Board Member | 1 | $0 | |
Natalie Kenny Marquez Board Member | 3 | $0 | |
Laurie George Board Member | 1 | $0 | |
Janie Maxwell Executive Director | 15 | $40,073 | |
Joan Oberndorf Adminstrative Program Mngr | 7 | $8,644 | |
Dale Hazelwood Secretary | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $57,752 |
| Total Program Service Revenue | $3,460 |
| Membership dues | $9,179 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $1,550 |
| Other Revenue | $5,550 |
| Total Revenue | $77,491 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $48,717 |
| Professional fees and other payments to independent contractors | $1,450 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $20,064 |
| Total expenses | $71,731 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $54,526 |
| Other assets | $0 |
| Total assets | $54,526 |
| Total liabilities | $0 |
| Net assets or fund balances | $54,526 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Food Systems For The Future Institute Chicago, IL | $286,708 | $1,224,652 |
Foodservice Consultants Society International Louisville, KY | $63,797 | $130,049 |
Kentucky Pest Control Educational Fund Lexington, KY | $40,060 | $0 |
Illinois Farmers Market Association Nfp North Aurora, IL | $54,526 | $0 |
Purchase Farm Analysis Group Inc Mayfield, KY | $69,109 | $0 |
Shelby County Agricultural Development Foundation Inc Shelbyville, KY | $3,961 | $0 |