Cooperative Grocers Information Network
- Assets
- $4.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Bloomington, IN
- Founding
- 03/1999
- Data as of
- 12/2019
- EIN
- 68-0404273
Organization Overview
Cooperative Grocers Information Network is located in Bloomington, IN. The organization was established in 1999. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cooperative Grocers Information Network is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2019, Cooperative Grocers Information Network generated $15.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (30.7%) each year. All expenses for the organization totaled $42.4k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (22.4%) per year over the past 5 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
STRENGTHEN ALL RETAIL FOOD COOPERATIVES BY PROMOTING THE SHARING AND DEVELOPMENT OF RESOURCES.
Describe the Organization's Program Activity:
Part 3
THE COOPERATIVE GROCERS' INFORMATION NETWORK IS A LEARNING COMMUNITY OF MORE THAN 2,000 FOOD CO-OP STAFF AND BOARD FROM 165 MEMBER CO-OPS WHO USE A WEB-BASED PLATFORM TO COLLABORATE ON BUILDING AND SHARING BEST PRACTICES AND OTHER INFORMATION. THE ORGANIZATION MAINTAINS AN ONLINE LIBRARY OF RESOURCES CONTRIBUTED BY MEMBER CO-OPS AND SUPPORT ORGANIZATIONS. THE WEBSITE HOSTS A COMMUNITY DISCUSSION PLATFORM, JOB LISTINGS, AND A DIRECTORY OF FOOD CO-OPS. CGIN PROVIDES FINANCIAL ASSISTANCE TO SMALL CO-OPS TO HELP COVER THE ANNUAL MEMBERSHIP FEE.
SINCE 1986, COOPERATIVE GROCERS' INFORMATION NETWORK HAS PUBLISHED COOPERATIVE GROCER MAGAZINE, A TRADE JOURNAL SPECIFICALLY FOR FOOD CO-OPS. THE ISSUE SIZE IS TYPICALLY 28-36 PAGES AND HAS A CIRCULATION OF 1,800.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ellen Michel Executive Director | 40 | $22,500 | |
Patricia Smith Treasurer | 2 | $0 | |
Erin Hancock At Large Director | 1 | $0 | |
Megan Webster At Large Director | 1 | $0 | |
Erika Gavin Vice President | 1 | $0 | |
Eric Struve Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $5,623 |
| Membership dues | $2,500 |
| Investment income | $3 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $6,957 |
| Total Revenue | $15,083 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,500 |
| Professional fees and other payments to independent contractors | $1,088 |
| Occupancy, rent, utilities, and maintenance | $192 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $18,615 |
| Total expenses | $42,395 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,959 |
| Other assets | $0 |
| Total assets | $3,959 |
| Total liabilities | $0 |
| Net assets or fund balances | $3,959 |
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