Rail Yards Market
- Assets
- $181.1k
- Revenue
- $274.6k
- Investments
- $0.0
- Employees
- 17
- Location
- Albuquerque, NM
- Founding
- Data as of
- 12/2021
- 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 12/2021, Rail Yards Market employed 17 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Piper Executive Director | Officer | 40 | $29,163 |
Christopher Frechette President | OfficerTrustee | 2 | $0 |
Deonte Halsey Vice President | OfficerTrustee | 2 | $0 |
Scott Nacke Treasurer | OfficerTrustee | 2 | $0 |
Leslie Shioshita Director | Trustee | 1 | $0 |
Joseph Garcia Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $58,715 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $58,715 |
| Total Program Service Revenue | $198,235 |
| Investment income | $55 |
| 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 | $17,629 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $274,634 |
| 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. | $29,163 |
| Compensation of current officers, directors, key employees. | $8,685 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $43,761 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $6,634 |
| 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 | $14,031 |
| Advertising and promotion | $1,304 |
| Office expenses | $12,852 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $17,794 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $299 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,481 |
| All other expenses | $0 |
| Total functional expenses | $141,394 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $122,215 |
| Savings and temporary cash investments | $32,555 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $25,278 |
| 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 | $1,071 |
| 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 | $181,119 |
| Accounts payable and accrued expenses | $5,761 |
| 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 | $5,761 |
| Net assets without donor restrictions | $175,358 |
| 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 | $181,119 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Rail Yards Market has recieved totaling $32.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $32 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Clean Label Project Foundation Broomfield, CO | $139,946 | $533,795 |
Mission Marshall Inc Marshall, TX | $514,869 | $434,708 |
Rail Yards Market Albuquerque, NM | $181,119 | $274,634 |
Cnp Football & Cheer Assoc Nicoma Park, OK | $47,983 | $151,136 |
Feeding Kids Right Inc Fort Worth, TX | $102 | $0 |
Southwest Grassfed Livestock Alliance Santa Fe, NM | $10,464 | $0 |
Sustained Farms Edgewater, CO | $21,419 | $0 |
Farm-To-Consumer Foundation Alvord, TX | $158,280 | $0 |
Beans And Greens Inc Fredericksburg, TX | $17,367 | $0 |
Vivoblu Water For All Englewood, CO | $35,891 | $0 |
Elementals Of Life Silver City, NM | $23,299 | $0 |
Healthy World - Sedona Sedona, AZ | $6,820 | $0 |