Central Market Trust

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

EIN: 760822944 ✦ Lancaster, PA ✦ Designated as a 501(c)(3)

Overview

What is Central Market Trust?

Central Market Trust is a dedicated nonprofit organization based in Lancaster, Pennsylvania, specifically at 8 North Queen Street, Room/Suite 7E. Their primary mission revolves around managing and preserving the historic Central Market in Lancaster, aiming to foster economic growth for businesses within the market while adhering to traditional market and historic preservation standards. The trust operates the Central Market as a historically viable farmers' market, safeguarding the unique 1886 building as the focal point of a historic urban community. Moreover, their work contributes to the continuation of Lancaster's rich legacy and heritage. With a small team of three dedicated individuals, Central Market Trust plays an integral role in maintaining the cultural and economic vitality of Lancaster's historic marketplace.


Official website here: www.centralmarketlancaster.com

Is Central Market Trust legitimate?

Central Market Trust is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Market Trust 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: $74,457
Professional Fundraising Fees: $0
Other Salaries and Wages: $66,472

For more financial information, click here


Official website here: www.centralmarketlancaster.com

What is the mission statement of Central Market Trust?

The Central Market Trust serves as the custodian of economic growth and community engagement within a public market setting. Their primary objective is to manage the market daily, ensuring the prosperity of the businesses while adhering to traditional and preservation standards. The organization also plays a crucial role in preserving the historic 1886 building, maintaining its status as a vibrant farmers' market. Furthermore, Central Market Trust contributes to sustaining the legacy and heritage of the city, contributing to its overall historical urban community.


Official website here: www.centralmarketlancaster.com

Who is the CEO of Central Market Trust?

Joshua Lytle is the Mgr Market O of Central Market Trust.


Official website here: www.centralmarketlancaster.com

What is the revenue of Central Market Trust?

Central Market Trust's revenue in 2022 was $461,872.


Official website here: www.centralmarketlancaster.com

Who are the executives of Central Market Trust and what are their salaries?

The average compensation at Central Market Trust during 2022 was $46,976. There are 3 employees and 43 volunteers at Central Market Trust.

Here are 14 key members and their salaries:

    Mary Goss (Mgr Market O)
  • Compensation: $74,457
  • Related: $0
  • Other: $0

    • Amanda Bakay (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tarrah Barrier (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Benjamin Barr (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phillip Caramenico (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Craig Dzurko (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jocelyn Engle (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth Guthridge (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael J Kreider (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Josh Lytle (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bruce Martin (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt Metzler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Powell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melissa Siwiec (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.centralmarketlancaster.com

    Where can I find the form 990 for Central Market Trust?

    The Central Market Trust’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.centralmarketlancaster.com

    Learn more at the official website: www.centralmarketlancaster.com

    Mission Statement of Central Market Trust

    Central Market Trust, a renowned organization, is dedicated to serving as the responsible guardian of Lancaster Central Market. Its mission involves nurturing businesses, fostering relationships, and promoting community engagement within and surrounding the public market. The organization manages the daily operations of Lancaster Central Market in a manner that supports the financial well-being of the market's standholders' businesses, while upholding traditional market and historical preservation standards. Central Market Trust also safeguards and operates the Central Market as a thriving farmers' market, preserving the distinctive 1886 building as the focal point of a historic urban community. Moreover, the trust contributes to the preservation of Lancaster's continuing legacy and heritage, ensuring the market's enduring significance for generations to come.

    Impact

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




    Wednesday, July 24, 2024

    Central Market Trust's impact lies in its role as the trusted steward of Lancaster Central Market, where it cultivates businesses, relationships, and community in and around this public market. By managing and preserving the historic Central Market in Lancaster, PA, the organization plays a crucial part in facilitating the economic health of stakeholders' businesses while upholding traditional market and historic preservation standards. Moreover, Central Market Trust ensures the protection and operation of the market as a historically viable farmers' market, preserving the unique 1886 building as the centerpiece of a historic urban community. In doing so, the Trust contributes to sustaining the legacy and heritage of the city of Lancaster, making a significant impact on community improvement.





    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: $0
  • Program Service Revenue: $399,783
  • Gross Receipts: $480,358

    • Assets and Liabilities:
  • Total Assets: $996,852
  • Total Liabilities: $44,679
  • Net Assets: $952,173
  • Programs

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

    RENT FOR STANDS

    Revenue

    $391,802

    ATM FEES, & MISC

    Revenue

    $7,981

    Organization Details

    Founding Year

    2006

    Principal Officer

    Joshua Lytle

    Main Address

    8 NORTH QUEEN STREET RM/STE 7E, LANCASTER, PA, 17603

    NTEE Category

    Code: S31 - Community improvement

    If you are a representative of Central Market Trust 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.