Rail Yards Market
- Assets
- $375.4k
- Revenue
- $335.9k
- Investments
- $0.0
- Employees
- 19
- Location
- Albuquerque, NM
- Founding
- Data as of
- 12/2023
- EIN
- 85-1171319
Organization Overview
Rail Yards Market is located in Albuquerque, NM. According to its NTEE Classification (K01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Food, Agriculture & Nutrition and related organizations. As of 12/2023, Rail Yards Market employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rail Yards Market 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, Rail Yards Market generated $335.9k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $264.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE RAIL YARDS MARKET MISSION IS TO CELEBRATE AND PROMOTE THE DIVERSE CUISINE, CULTURE, AND ART OF ALBUQUERQUE AND THE STATE OF NEW MEXICO
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE RAIL YARDS MARKET MISSION IS TO CELEBRATE AND PROMOTE THE DIVERSE CUISINE, CULTURE, AND ART OF ALBUQUERQUE AND THE STATE OF NEW MEXICO. WE COLLABORATED WITH SURROUNDING NEIGHBORHOODS, SUPPORTED 519 SEASONAL JOBS, 131,873 CUSTOMERS ATTENDED 29 EVENTS, AND DISTRIBUTED 140,000 IN FOOD NUTRITION SERVICES.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Piper Executive Director | Officer | 40 | $52,000 |
Christopher Frechette Director | Trustee | 1 | $0 |
Deonte Halsey President | OfficerTrustee | 2 | $0 |
Scott Nacke Treasurer | OfficerTrustee | 2 | $0 |
Keith Romero Director | Trustee | 1 | $0 |
Christina Rogers Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $12,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $16,031 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $28,031 |
| Total Program Service Revenue | $272,531 |
| Investment income | $2,146 |
| 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 | $33,172 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $335,880 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $52,000 |
| Compensation of current officers, directors, key employees. | $25,514 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $69,589 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $10,685 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $57,705 |
| Advertising and promotion | $2,546 |
| Office expenses | $19,043 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $6,600 |
| Travel | $988 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,187 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $7,651 |
| All other expenses | $0 |
| Total functional expenses | $264,066 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,934 |
| Savings and temporary cash investments | $329,864 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,600 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,000 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $375,398 |
| Accounts payable and accrued expenses | $7,370 |
| Grants payable | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,370 |
| Net assets without donor restrictions | $368,028 |
| Net assets with donor restrictions | $0 |
| 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 | $375,398 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mission Marshall Inc Marshall, TX | $488,634 | $440,355 |
Clean Label Project Foundation Broomfield, CO | $256,776 | $545,626 |
Rail Yards Market Albuquerque, NM | $375,398 | $335,880 |
Colorado Farm & Food Alliance For Resource Balance Paonia, CO | $5,596 | $0 |
Sustained Farms Edgewater, CO | $34,334 | $0 |
Equine Heritage Foundation Brighton, CO | $107,678 | $131,052 |
Feeding Kids Right Inc Fort Worth, TX | $2,375 | $0 |
Cnp Football & Cheer Assoc Choctaw, OK | $45,816 | $75,277 |
Southwest Grassfed Livestock Alliance Santa Fe, NM | $10,464 | $0 |
Farm-To-Consumer Foundation Alvord, TX | $158,280 | $0 |
Beans And Greens Inc Fredericksburg, TX | $10,388 | $0 |
Healthy World - Sedona Sedona, AZ | $6,820 | $0 |
Elementals Of Life Silver City, NM | $27,120 | $0 |
Vivoblu Water For All Centennial, CO | $26,735 | $0 |
Arizona Craft Producers Association Inc Elgin, AZ | $0 | $0 |
Texas Barbecue Foundation Belton, TX | $0 | $0 |