Overview
What is Eastern Market Corporation?
Eastern Market Corporation, also known as Eastern Market Partnership, is a nonprofit organization based in Detroit, Michigan. Their primary mission is to manage and enhance the historic Eastern Market, a public market that has served the city since 1891. The corporation aims to strengthen the Eastern Market District by improving its infrastructure and operations, providing access to healthy, affordable, and fair food choices, and fostering economic growth in the region. They oversee various market activities, including weekly markets, private facility rentals, and shed stall leases, offering vendors a centralized location to connect with the public. With a workforce of 84 employees, Eastern Market Corporation works to revitalize the district, transforming it into a dynamic, diverse, and unique urban area, while maintaining its food-related identity.
Official website here: www.easternmarket.org
Is Eastern Market Corporation legitimate?
Eastern Market Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eastern 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: $198,303
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,385,169
For more financial information, click here
Official website here: www.easternmarket.org
What is the mission statement of Eastern Market Corporation?
Eastern Market Corporation, often referred to as Eastern Market, aims to utilize its rich history and manage operations to strengthen its district. The organization's primary goal is to provide access to healthy, affordable, and fair food choices in Detroit and surrounding southeast Michigan. By leveraging its market's appeal and legacy, Eastern Market aspires to build a dynamic, diverse, and unique urban district, enhancing the identity of the area as a food-related district. This is achieved by improving the market's capabilities as a food center and creating business opportunities for specialty food retailers, wholesalers, restaurants, distributors, and processors. Eastern Market operates under an agreement with the city of Detroit and implements a capital improvement plan to enhance its facilities, serving as a catalyst for economic growth.
Official website here: www.easternmarket.org
Who is the CEO of Eastern Market Corporation?
Daniel Carmody is the Chair of Eastern Market Corporation.
Official website here: www.easternmarket.org
What is the revenue of Eastern Market Corporation?
Eastern Market Corporation's revenue in 2022 was $4,869,009.
Official website here: www.easternmarket.org
Who are the executives of Eastern Market Corporation and what are their salaries?
The average compensation at Eastern Market Corporation during 2022 was $30,756. There are 84 employees and 42 volunteers at Eastern Market Corporation.
Here are 22 key members and their salaries:
- Daniel Carmody (President And C.E.O.)
- Cindy Pasky (Chair) [Trustee/Director]
- Donald Rencher (Vice-Chair) [Trustee/Director]
- Drew Patrick (Treasurer) [Trustee/Director]
- Judith Mcneely (Secretary) [Trustee/Director]
- Bj Belcoure (Director)
- Jay Bonahoom (Director)
- Ron Brundidge (Director)
- Fred Durhal (Director)
- Frank Germack (Director)
- Violet Gintsis (Director)
- Armond Harris (Director)
- Latisha Johnson (Director)
- Mark Kaltz (Director)
- Jonathan Kung (Director)
- Carlos Parisi (Director)
- Luke Polcyn (Director)
- Vince Sanna (Director)
- Joe Spencer (Director)
- Sandra Yu Stahi (Director)
- Tosha Tabron (Director)
- Joni Thrower-Davis (Director)
Official website here: www.easternmarket.org
Where can I find the form 990 for Eastern Market Corporation?
The Eastern Market Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.easternmarket.org
Learn more at the official website: www.easternmarket.org
Mission Statement of Eastern Market Corporation
Eastern Market Corporation, often referred to as Eastern Market, is dedicated to leveraging its historical significance and managing operations to strengthen the Eastern Market District. The organization's mission is multifaceted, aiming to improve access to healthy, affordable, and fair food choices in Detroit and throughout Southeast Michigan. Beyond this, Eastern Market strives to fortify the food sector as a pillar of regional economic growth.
To achieve its mission, Eastern Market Corporation combats community deterioration and lessens the burden on government by managing its public market, which has served Detroit since 1891. The corporation operates the market under an agreement with the city of Detroit, which owns the facility. Eastern Market has developed a capital improvement plan and is implementing a series of capital improvements to enhance the market's ability to serve as a food center for Detroit and as a catalyst for economic development.
The stakeholders' vision for the Eastern Market District is to leverage the market's attraction and legacy to build a dynamic, diverse, and unique urban district. They aim to strengthen the district's identity as a food-related district by enhancing the operations of the existing public market and by creating business opportunities for specialty food retailers, food wholesale operations, restaurants, food distributors, and food processors. Eastern Market Corporation plays a pivotal role in realizing this vision.
Impact
This information is meant to be a general summary of Eastern Market Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Eastern Market Corporation plays a vital role in strengthening the Eastern Market district in Detroit and improving access to healthy, green, affordable, and fair food choices in Detroit and throughout Southeast Michigan. By managing operations, developing programs, building facilities, and providing critical infrastructure, Eastern Market Corporation serves as a pillar of regional economic growth in the food sector. Through its public market activities, including organizing numerous markets and facilitating facility rentals, Eastern Market Corporation creates a centralized location for market vendors to connect with the public and contribute to the local economy. Additionally, Eastern Market Corporation's capital improvement plan and ongoing initiatives enhance the market's ability to serve as a food center and catalyst for economic development, reflecting its commitment to combating community deterioration and reducing the burdens of government. This organization's efforts align with the vision of creating a dynamic, diverse, and unique urban district centered around food, thereby strengthening the identity of the Eastern Market district and fostering business opportunities for various food-related enterprises.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
2006
Phone
(313) 833-9300
Principal Officer
Daniel Carmody
Main Address
2934 RUSSELL, DETROIT, MI, 482074826
Website
www.easternmarket.org
NTEE Category
Code: K99 - Food
If you are a representative of Eastern Market Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.