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Reading Terminal Market Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 232754641 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

Overview

What is Reading Terminal Market Corporation?

Reading Terminal Market Corporation is a nonprofit organization based in Philadelphia, Pennsylvania, specifically at 1136 Arch Street 400, with a mission to preserve and maintain the historic character of the renowned Reading Terminal Market. Established for this purpose, the corporation ensures the market retains its original architecture and functions as an urban farmers' market. It offers a diverse range of produce, meat, fish, bakery, dairy products, and other prepared food items, providing a one-stop-shop for the public. The organization employs a team of 37 individuals to fulfill its mission.


Official website here: www.readingterminalmarket.org

Is Reading Terminal Market Corporation legitimate?

Reading Terminal Market Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Reading Terminal Market Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,010,160

For more financial information, click here


Official website here: www.readingterminalmarket.org

What is the mission statement of Reading Terminal Market Corporation?

The Reading Terminal Market Corporation was established with the purpose of preserving and managing the historic character of the Reading Terminal Market. Its mission is centered around maintaining the market's architectural and historical significance while functioning as an urban farmers' market. The corporation aims to offer a diverse range of fresh produce, meat, fish, baked goods, and dairy products, among other prepared food items, to the public at this marketplace.


Official website here: www.readingterminalmarket.org

Who is the CEO of Reading Terminal Market Corporation?

Eugene Lefevre is the Chairman of Reading Terminal Market Corporation.


Official website here: www.readingterminalmarket.org

What is the revenue of Reading Terminal Market Corporation?

Reading Terminal Market Corporation's revenue in 2022 was $5,282,473.


Official website here: www.readingterminalmarket.org

Who are the executives of Reading Terminal Market Corporation and what are their salaries?

The average compensation at Reading Terminal Market Corporation during 2022 was $27,302. There are 37 employees and 9 volunteers at Reading Terminal Market Corporation.

Here are 11 key members and their salaries:

    Helen A Allman (General Manager)
  • Compensation: $119,372
  • Related: $0
  • Other: $17,218

    • Michael Anthony (General Manager)
  • Compensation: $100,859
  • Related: $0
  • Other: $15,770

    • Timothy Cullinan (Assistant General Manager & Director Of Operations)
  • Compensation: $103,758
  • Related: $0
  • Other: $8,642

    • Albert M Mezzaroba (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brent A Cossrow (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eugene Lefevre (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anne Kelly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John J Mcnichol (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Squilla (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dawn Summerville (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Keri White (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.readingterminalmarket.org

    Where can I find the form 990 for Reading Terminal Market Corporation?

    The Reading Terminal Market Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.readingterminalmarket.org

    Learn more at the official website: www.readingterminalmarket.org

    Mission Statement of Reading Terminal Market Corporation

    Reading Terminal Market Corporation, established with a specific purpose, strives to preserve and maintain the historic character of a renowned urban farmers' market. Its primary mission is to safeguard the architectural and historical essence of the Reading Terminal Market. The organization oversees its operations, ensuring the market continues to thrive as a public market. It provides a diverse array of fresh produce, meat, fish, bakery, and dairy products, along with other prepared food items, bringing a wide variety of choices to the public. By doing so, Reading Terminal Market Corporation upholds the tradition of this significant market, ensuring its continued existence and contribution to the community.

    Impact

    This information is meant to be a general summary of Reading Terminal Market Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Reading Terminal Market Corporation has had a significant impact as it works to preserve and maintain the historic character and oversee the operations of the Reading Terminal Market in Philadelphia, PA. By focusing on preserving the architectural and historical character of the market as an urban farmers' market, the organization ensures the availability of a wide variety of produce, meat, fish, bakery and dairy products, and other raw and prepared food to the public. This contributes to the vibrancy of the community and supports local vendors and businesses. The Reading Terminal Market Corporation's efforts play a crucial role in maintaining a cherished historical landmark and providing access to fresh, high-quality food options for residents and visitors alike.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $377
  • Program Service Revenue: $4,585,507
  • Gross Receipts: $5,282,473

    • Assets and Liabilities:
  • Total Assets: $10,552,612
  • Total Liabilities: $5,464,310
  • Net Assets: $5,088,302
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    OPERATIONS MANAGEMENT

    Revenue

    $4,585,507

    Organization Details

    Founding Year

    1995

    Principal Officer

    Eugene Lefevre

    Main Address

    1136 ARCH STREET 400, PHILADELPHIA, PA, 19107

    NTEE Category

    Code: T30Z - Philanthropy

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