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Community Development : Housing and Neighborhood Development
Board Leadership
Jason Grobbel
Chairman
CEO
Dan Carmody
President
|
The mission of the Eastern Market Corporation is to mobilize leadership and resources to achieve stakeholders vision for the Eastern Market District and make the Eastern Market the undisputed center for fresh and nutritious food in southeast Michigan. Our vision includes strengthening the identity of the Eastern Market as a food-related district by enhancing the operations of the existing public market and by developing business opportunities for specialty food retailers, food wholesale operations, restaurants, food distributors, and food processors.
The mission of the Eastern Market Corporation is to mobilize leadership and resources to achieve stakeholders vision for the Eastern Market District and make the Eastern Market the undisputed center for fresh and nutritious food in southeast Michigan. Our vision includes strengthening the identity of the Eastern Market as a food-related district by enhancing the operations of the existing public market and by developing business opportunities for specialty food retailers, food wholesale operations, restaurants, food distributors, and food processors.
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90.39
93.00
Program Expenses (Percent of the charity's total expenses spent on the programs and services it delivers) |
75.0% | |
Administrative Expenses | 17.7% | |
Fundraising Expenses | 7.2% | |
Fundraising Efficiency | $0.10 | |
Working Capital Ratio (years) | 1.49 | |
Program Expenses Growth | 8.3% | |
Liabilities to Assets | 10.5% |
Charity Name & State | Overall Score | Overall Rating |
---|---|---|
Eastern Market Corporation (MI) | 91.59 | |
West Valley Community Services (CA) | 87.97 | |
Community Coalition (CA) | 92.02 | |
Regional Plan Association (NY) | 86.06 | |
Together Colorado (CO) | 89.30 |
REVENUE | |
Contributions | |
Contributions, Gifts & Grants | $2,908,988 |
Federated Campaigns | $0 |
Membership Dues | $0 |
Fundraising Events | $50,500 |
Related Organizations | $0 |
Government Grants | $0 |
Total Contributions | $2,959,488 |
Program Service Revenue | $0 |
Total Primary Revenue | $2,959,488 |
Other Revenue | $1,876,027 |
TOTAL REVENUE | $4,835,515 |
EXPENSES | |
Program Expenses | $4,805,198 |
Administrative Expenses | $878,126 |
Fundraising Expenses | $378,009 |
TOTAL FUNCTIONAL EXPENSES | $6,061,333 |
Payments to Affiliates | $0 |
Excess (or Deficit) for the year | $-1,225,818 |
Net Assets | $8,590,294 |
Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.
Program Name | Amount Spent | % of Program Expenses |
---|---|---|
Public Market Activities | $3,363,639 | 70.0% |
Food Access Support Program | $1,441,559 | 30.0% |
The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).
EIN | 32-0030432 |
Name in IRS Master File | EASTERN MARKET CORPORATIOIN |
NTEE Code | K99 |
NTEE Classification | Food, Agriculture, and Nutrition N.E.C. |
NTEE Type | Food, Agriculture and Nutrition |
Classification | Charitable Organization |
Subsection | 501(c)(3) (View the list of codes) |
Activities | |
Foundation Status | Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi) |
Deductibility | Contributions are deductible |
Affiliation | Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations). |
Group Name | [Not Applicable] |
Ruling Date | March, 2003 |
Filing Requirement | 990 (all other) or 990EZ return |
Fiscal Year End | June |
IRS Forms 990 (provided courtesy of Foundation Center) |
(Log In or Register Now to View Forms 990!)
|
Compensation | % of Expenses | Paid to | Title | |
---|---|---|---|---|
$134,818 | 2.22% | Daniel Carmody | President & CEO |
Charity Name & State | Overall Score | Overall Rating |
---|---|---|
Eastern Market Corporation (MI) | 91.59 | |
Community Voices Heard (CVH) (NY) | 87.57 | |
Center for Planning Excellence (LA) | 89.10 | |
Catholic Charities (CA) | 92.40 | |
The Pike Place Market Foundation (WA) | 94.58 |
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Eastern Market Corporation
2934 Russell Street
Detroit,
MI 48207
tel: (313) 833-9300
EIN: 32-0030432
Jason Grobbel
Chairman
Dan Carmody
President
Charity Navigator
299 Market Street Suite 250
Saddle Brook, NJ 07663
EIN: 13-4148824
BRIDGE ID: 3108588923