Neighborhood Markets Incorporated
- Assets
- $67.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Greensboro, NC
- Founding
- 03/2018
- Data as of
- 12/2023
- EIN
- 82-4395257
Organization Overview
Neighborhood Markets Incorporated is located in Greensboro, NC. The organization was established in 2018. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, 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. Neighborhood Markets Incorporated 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, Neighborhood Markets Incorporated generated $154.8k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $158.7k during the year ending 12/2023. While expenses have increased by 8.9% per year over the past 4 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Stephen Brian Johnson Board Member | 8 | $0 | |
Kathy Newsom Market Manager & Board Member | 35 | $29,400 | |
Shante Woody Market Manager And Board Member | 15 | $19,200 | |
Elizabeth Seymour Board Member | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $101,185 |
| Total Program Service Revenue | $53,556 |
| Membership dues | $0 |
| Investment income | $103 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $154,844 |
| 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 | $61,900 |
| Occupancy, rent, utilities, and maintenance | $600 |
| Printing, publications, postage, and shipping | $3,200 |
| Other expenses | $92,964 |
| Total expenses | $158,664 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $65,323 |
| Other assets | $0 |
| Total assets | $67,284 |
| Total liabilities | $0 |
| Net assets or fund balances | $67,284 |