Center For Agricultural Development And Entrepreneurship
- Assets
- $226.2k
- Revenue
- $673.0k
- Investments
- $0.0
- Employees
- 10
- Location
- Oneonta, NY
- Founding
- 10/1993
- Data as of
- 04/2022
- EIN
- 22-3218414
Organization Overview
Center For Agricultural Development And Entrepreneurship is located in Oneonta, NY. The organization was established in 1993. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 04/2022, Center For Agricultural Development And Entrepreneurship employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center For Agricultural Development And Entrepreneurship is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 04/2022, Center For Agricultural Development And Entrepreneurship generated $673.0k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.9% each year . All expenses for the organization totaled $640.8k during the year ending 04/2022. While expenses have increased by 18.9% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
CADE'S MISSION IS TO INCREASE THE NUMBER AND DIVERSITY OF SUCCESSFUL FARM ENTERPRISES AND RELATED BUSINESSES IN NEW YORK.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FARM-TO-INSTITUTION (FTI)ONE OF OUR MOST ROBUST PROGRAMS, CADE IS WORKING TO ENHANCE THE CAPACITY OF FARM AND FOOD BUSINESSES TO ACCESS INSTITUTIONAL MARKETS--INCLUDING PUBLIC SCHOOLS, PANTRIES, HEALTH AND SENIOR CENTERS, UNIVERSITIES/COLLEGES, ETC.--AND SIMULTANEOUSLY, TO BUILD THE CAPACITY OF INSTITUTIONS TO PURCHASE MORE LOCAL/NEW YORK PRODUCED FOOD. AS PART OF THIS WORK, CADE HELPED DESIGN AND LAUNCH RIPECOMMUNITY, AN ONLINE MATCHMAKING PLATFORM DESIGNED TO CONNECT FOOD SUPPLIERS WITH INSTITUTIONAL FOOD BUYERS.
EMERGING MARKETS TRAINING PROGRAM (EMPT)CADES EMTP AIMS TO ESTABLISH NEW MARKETS AND FACILITATE ECONOMIC GROWTH IN SUSTAINABLE AGRICULTURE IN 12 COUNTIES OF CENTRAL NY. THE PROGRAM WILL LEVERAGE CADES MARKET RESEARCH, SUCCESSES, AND LEARNINGS FROM THE VALUE CHAIN ACCELERATION PROGRAM, FARM TO SCHOOL PROGRAM, AND FFBI TO BUILD THE CAPACITY OF LOCAL INSTITUTIONS TO PURCHASE CENTRAL NY FARM PRODUCTS, AS WELL AS FARMERS AND LOCAL DISTRIBUTORS TO INCREASE AND RETAIN ONLINE SALES AND MEET INSTITUTIONAL PURCHASING REQUIREMENTS. THESE ACTIVITIES WILL REDUCE MARKETING COSTS, INCREASE FARM SALES AND PROFITABILITY, IMPROVE FARMER READINESS FOR EMERGING MARKETS AND, AS A RESULT, FOSTER GREATER COLLABORATION BETWEEN FARMERS AND LOCAL FOOD PROCESSORS AND DISTRIBUTORS.
FARM AND FOOD BUSINESS ACCELERATOR (FFBA)FFBA IS A NEWLY ESTABLISHED INITIATIVE OFFERED BY CADE AND SUNY COBLESKILL - IS DESIGNED TO DELIVER COMPREHENSIVE BUSINESS DEVELOPMENT SERVICES AND SUPPORT TO A COHORT OF 10 ESTABLISHED, PROMISING AGRIBUSINESS ENTREPRENEURS READY TO GROW, EXPAND, OR TRANSITION INTO VALUE-ADDED PRODUCTION. OUR GOAL IS TO ACCELERATE THEIR SUCCESS, ENHANCING THEIR CAPACITY TO IMPACT THE REGIONS AGRICULTURAL ECONOMY AND NEW YORKS FOOD SYSTEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phoebe Schreiner Executive Dir. | Officer | 40 | $83,224 |
Carlena K Cochi Ficano PHD Treasurer/secr | OfficerTrustee | 4 | $0 |
Erin Summerlee Chair | OfficerTrustee | 4 | $0 |
Carlos Valery Jr Vice Chair | OfficerTrustee | 4 | $0 |
Ken Jaffe MD Member | Trustee | 4 | $0 |
Patricia Dopazo Member | Trustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $7,423 |
| Related organizations | $0 |
| Government grants | $420,529 |
| All other contributions, gifts, grants, and similar amounts not included above | $235,778 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $663,730 |
| Total Program Service Revenue | $500 |
| Investment income | $0 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $672,957 |
| 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 | $0 |
| Compensation of current officers, directors, key employees. | $83,224 |
| Compensation of current officers, directors, key employees. | $29,125 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $251,555 |
| Pension plan accruals and contributions | $11,113 |
| Other employee benefits | $63,692 |
| Payroll taxes | $30,318 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,720 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,351 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $12,600 |
| Travel | $4,318 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $233 |
| Insurance | $2,173 |
| All other expenses | $13,005 |
| Total functional expenses | $640,822 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $56,065 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $169,488 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $60 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $550 |
| Total assets | $226,163 |
| Accounts payable and accrued expenses | $8,130 |
| Grants payable | $0 |
| Deferred revenue | $21,489 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $29,619 |
| Net assets without donor restrictions | $196,544 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $226,163 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Center For Agricultural Development And Entrepreneurship has recieved totaling $113,216.
| Awarding Organization | Amount |
|---|---|
Scriven Foundation New York, NY PURPOSE: GENERAL SUPPORT | $105,000 |
New York Farm Viability Institute Inc Syracuse, NY PURPOSE: TOPIC SPECIFIC DAIRY PROFIT TEAMS IN SELECTIVE DRY COW THEARPY. | $8,205 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $11 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Quadrivium New York, NY | $52,883,139 | $7,776,109 |
Alliance For Downtown New York Inc New York, NY | $19,570,349 | $22,494,008 |
Cities For Financial Empowerment Fund Inc New York, NY | $14,654,854 | $7,980,604 |
Bottom Line Inc Boston, MA | $17,407,844 | $19,309,420 |
Cidny-Independent Living Services Inc Brooklyn, NY | $9,867,599 | $12,474,702 |
Neighborhood Stabilization Corporation Boston, MA | $29,880,510 | $6,854,139 |
Buffalo Urban Development Corporation Buffalo, NY | $100,186,156 | $9,769,050 |
Berks Community Action Program Inc Reading, PA | $2,377,966 | $7,401,234 |
Juvenile Justice Center Of Phila Philadelphia, PA | $3,150,884 | $6,364,511 |
The Fund For Parks And Recreation In Boston Boston, MA | $15,922,090 | $6,711,889 |
128 West Transportation Council Inc Waltham, MA | $2,138,696 | $3,791,714 |
Mass Mentoring Partnership Inc Boston, MA | $3,908,855 | $3,737,455 |