Berkshire Agriculture Ventures
- Assets
- $1.6m
- Revenue
- $1.5m
- Investments
- $0.0
- Employees
- 7
- Location
- Great Barrington, MA
- Founding
- 04/2017
- Data as of
- 12/2021
- EIN
- 81-4386302
Organization Overview
Berkshire Agriculture Ventures is located in Great Barrington, MA. The organization was established in 2017. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2021, Berkshire Agriculture Ventures employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Berkshire Agriculture Ventures 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 12/2021, Berkshire Agriculture Ventures generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 28.1% each year . All expenses for the organization totaled $993.3k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Berkshire Agriculture Ventures has awarded 28 individual grants totaling $1,136,604. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BERKSHIRE AGRICULTURAL VENTURES, INC. GROWS THE REGIONAL FOOD ECONOMY BY PROVIDING SUPPORT TO FARMS AND FOOD BUSINESSES THAT STRENGTHENS THEIR VIABILITY AND HEALTHY FOOD ACCESS IN MA, NY AND CT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO ACCOMPLISH THE MISSION, BERKSHIRE AGRICULTURAL VENTURES OFFERS NEW SUSTAINABLE LOCAL INVESTMENT MECHANISMS AND TECHNICAL ASSISTANCE OPTIONS TO HELP MOVE THE BERKSHIRE REGION TOWARDS FOOD SECURITY. IN SO DOING, BERKSHIRE AGRICULTURAL VENTURES FOSTERS AND SUPPORTS INNOVATIVE AND ENDURING FOOD AND FARMING ENTERPRISES THAT HELP STRENGTHEN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Glenn Bergman Interim Executive Director | 40 | $48,000 | |
Cynthia Pansing Executive Dir (left In 2021) | 40 | $15,577 | |
Thomas Gardner President | OfficerTrustee | 10 | $0 |
Dan Schaeffer Treasurer | OfficerTrustee | 10 | $0 |
Don Perdue Clerk | OfficerTrustee | 5 | $0 |
David Valicenti Vice President | OfficerTrustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $25,676 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,415,401 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,441,077 |
| Total Program Service Revenue | $0 |
| Investment income | $7,777 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,451,156 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $580,331 |
| 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. | $15,577 |
| Compensation of current officers, directors, key employees. | $1,402 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $177,392 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,268 |
| Payroll taxes | $19,110 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,775 |
| Fees for services: Accounting | $18,270 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $81,109 |
| Advertising and promotion | $15,583 |
| Office expenses | $2,525 |
| Information technology | $5,345 |
| Royalties | $0 |
| Occupancy | $7,849 |
| Travel | $894 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,045 |
| Insurance | $1,880 |
| All other expenses | $3,075 |
| Total functional expenses | $993,269 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $73,171 |
| Savings and temporary cash investments | $1,077,589 |
| Pledges and grants receivable | $75,000 |
| Accounts receivable, net | $25,677 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $233,555 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,583 |
| Net Land, buildings, and equipment | $2,372 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $125,000 |
| Intangible assets | $0 |
| Other assets | $1,228 |
| Total assets | $1,616,175 |
| Accounts payable and accrued expenses | $37,972 |
| Grants payable | $505,000 |
| 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 | $37,500 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $580,472 |
| Net assets without donor restrictions | $549,050 |
| Net assets with donor restrictions | $486,653 |
| 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 | $1,616,175 |
Grants Awarded
Over the last fiscal year, Berkshire Agriculture Ventures has awarded $530,961 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
WOVEN ROOTS FARM PURPOSE: EDUCATIONAL AND RETAIL FACILITY | $505,000 |
ADAMAH FARM PURPOSE: EQUIPMENT & SUPPLIES | $11,454 |
South Egremont, MA PURPOSE: FARM CREW AND APPRENTICE CREW | $7,507 |
NEW LEBANON FARMERS MARKET PURPOSE: MARKET MATCH PROGRAM FOR SNAP | $7,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Berkshire Agriculture Ventures has recieved totaling $338,000.
| Awarding Organization | Amount |
|---|---|
The Berkshire Taconic Community Foundation Inc Sheffield, MA PURPOSE: GENERAL SUPPORT; BAV MEAT PROGRAM | $303,000 |
Whitehead Foundation Inc Lenox, MA PURPOSE: LOAN FUND | $20,000 |
Donald C Mcgraw Foundation Inc Delray Beach, FL PURPOSE: GENERAL SUPPORT | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Electrical Industry Labor Management Cooperation Tr Dorchester, MA | $23,732,752 | $56,768,144 |
Dairy One Cooperative Inc Ithaca, NY | $10,249,154 | $25,724,887 |
Holstein Friesian Association Of America Brattleboro, VT | $42,888,096 | $20,454,102 |
The William H Miner Agricultural Research Institute Chazy, NY | $25,150,167 | $10,410,462 |
Grace Communications Foundation Inc New York, NY | $9,222,389 | $7,837,107 |
New Haven Ecology Project Inc New Haven, CT | $13,646,916 | $6,735,090 |
Attleboro Corporate Center Association Inc Attleboro, MA | $92,995 | $6,024,289 |
United Food And Commercial Workers International Union Dedham, MA | $6,169,904 | $6,230,011 |
Essex Agricultural Society Topsfield, MA | $13,692,899 | $6,659,006 |
Rhode Island Laborers Unified Tr Cranston, RI | $3,637,033 | $4,506,206 |
New York Farm Bureau Albany, NY | $21,413,106 | $1,125,268 |
The Livestock Institute Of Southern New England Westport, MA | $6,774,804 | $2,810,112 |