Vancouver Farmers Market Assoc
- Assets
- $840.1k
- Revenue
- $725.3k
- Investments
- $0.0
- Employees
- 12
- Location
- Vancouver, WA
- Founding
- 09/2002
- Data as of
- 12/2021
- EIN
- 91-1499546
Organization Overview
Vancouver Farmers Market Assoc is located in Vancouver, WA. The organization was established in 2002. 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. As of 12/2021, Vancouver Farmers Market Assoc employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vancouver Farmers Market Assoc 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 12/2021, Vancouver Farmers Market Assoc generated $725.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $518.4k during the year ending 12/2021. While expenses have increased by 5.9% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE A HEALTHY AND VIBRANT COMMUNITY BY PROVIDING ACCESS TO LOCAL NOURISHING FOOD AND HIGH-QUALITY ARTISAN PRODUCTS. WE SUPPORT OVER 220 SMALL BUSINESSES BY PROVIDING DIRECT CONSUMER ACCESS, BUSINESS DEVELOPMENT SUPPORT, AND EDUCATING OUR COMMUNITY ON THE BENEFITS OF EATING LOCAL AND SUPPORTING SMALL BUSINESSES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE VANCOUVER FARMERS MARKET ASSOCIATION SUPPORTS OVER 220 SMALL BUSINESSES BY OPERATING THREE MARKETS ACROSS VANCOUVER PROVIDING DIRECT ACCESS TO AN AVERAGE OF 12,000 CUSTOMERS A WEEK, BUSINESS DEVELOPMENT TECHNICAL ASSISTANCE PROGRAMS AND SMALL BUSINESS EDUCATION GRANTS. THE VANCOUVER FARMERS MARKET ASSOCIATION ALSO SUPPORTS THE RESIDENTS OF OUR COMMUNITY THROUGH OUR FOOD ACCESS PROGRAMS EDUCATING YOUTH AND PROVIDING LOW COST OR FREE FOOD TO THOSE IN NEED. THIS WORK IS OFTEN IN PARTNERSHIP WITH LOCAL EDUCATIONAL INSTITUTIONS, GOVERNMENT AGENCIES, AND NONPROFIT ORGANIZATIONS DEDICATED TO PURSUING AN EQUITABLE, VIBRANT, AND HEALTHY COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jordan Boldt Executive Director | 40 | $68,859 | |
Julie Arenz Director | Trustee | 2 | $0 |
Lizzie Safranski President | Trustee | 5 | $0 |
Kathy Johnson Director | Trustee | 2 | $0 |
William Belden Vice President | Trustee | 4 | $0 |
Marcia Irvin Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $118,175 |
| All other contributions, gifts, grants, and similar amounts not included above | $126,144 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $244,319 |
| Total Program Service Revenue | $460,868 |
| Investment income | $861 |
| 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 | $5,579 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $725,300 |
| 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 | $10,279 |
| Compensation of current officers, directors, key employees. | $68,859 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $215,520 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $17,739 |
| Payroll taxes | $30,415 |
| Fees for services: Management | $1,800 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,843 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,517 |
| Advertising and promotion | $25,077 |
| Office expenses | $894 |
| Information technology | $8,982 |
| Royalties | $0 |
| Occupancy | $35,006 |
| Travel | $450 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $727 |
| Interest | $6,057 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,163 |
| Insurance | $7,938 |
| All other expenses | $19,768 |
| Total functional expenses | $518,410 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $128,957 |
| Savings and temporary cash investments | $623,315 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $42,192 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $35,000 |
| Inventories for sale or use | $2,139 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $8,532 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $840,135 |
| Accounts payable and accrued expenses | $13,636 |
| Grants payable | $0 |
| Deferred revenue | $22,411 |
| 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 | $156,057 |
| Other liabilities | $34,869 |
| Total liabilities | $226,973 |
| Net assets without donor restrictions | $0 |
| 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 | $613,162 |
| Total liabilities and net assets/fund balances | $840,135 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Vancouver Farmers Market Assoc has recieved totaling $60,000.
| Awarding Organization | Amount |
|---|---|
Greater Vancouver Chamber Of Commerce Vancouver, WA PURPOSE: COVID-19 RELIEF | $30,000 |
Greater Vancouver Chamber Of Commerce Vancouver, WA PURPOSE: COVID-19 RELIEF | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Travel Portland Portland, OR | $18,865,244 | $9,767,566 |
Association Of Washington Business Olympia, WA | $45,170,529 | $11,595,511 |
Master Builders Association Of King And Snohomish Counties Bellevue, WA | $50,140,289 | $12,586,024 |
Greater Seattle Chamber Of Commerce Seattle, WA | $24,652,320 | $11,051,510 |
Wafla Lacey, WA | $11,233,432 | $9,712,213 |
Portland Business Alliance Portland, OR | $2,909,182 | $8,830,293 |
Cloud Security Alliance Seattle, WA | $2,184,209 | $7,501,153 |
Northwest Power Pool Portland, OR | $3,491,594 | $6,118,374 |
Archbright Seattle, WA | $17,744,548 | $6,553,314 |
Associated General Contractors Of Washington Seattle, WA | $55,149,734 | $7,565,354 |
Fido Alliance Inc Beaverton, OR | $3,413,033 | $5,016,391 |
Usb Implementers Forum Inc Beaverton, OR | $6,239,445 | $5,610,966 |