The Great Lakes Fruit Vegetable And Farm Market Exposition Inc
- Assets
- $125.9k
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Benton Harbor, MI
- Founding
- Data as of
- 02/2024
- EIN
- 38-3595095
Organization Overview
The Great Lakes Fruit Vegetable And Farm Market Exposition Inc is located in Benton Harbor, MI. Great Lakes Fruit Vegetable And Farm Market Exposition Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 02/2024, Great Lakes Fruit Vegetable And Farm Market Exposition Inc generated $1.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $1.2m during the year ending 02/2024. While expenses have increased by 2.4% per year over the past 9 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.
Since 2016, Great Lakes Fruit Vegetable And Farm Market Exposition Inc has awarded 16 individual grants totaling $2,723,302. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE ORGANIZATION IS TO ENGAGE IN THE EDUCATION, PROMOTION, AND DISSEMINATION OF INFORMATION PERTAINING TO THE FRUIT AND VEGETABLE INDUSTRY IN THE STATE OF MICHIGAN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION IS ORGANIZED TO PROMOTE MICHIGAN FARM PRODUCTS AND TO INITIATE RESEARCH BY THE MICHIGAN VEGETABLE COUNCIL AND THE MICHIGAN STATE HORTICULTURAL SOCIETY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aaron Molter Vice Preside | Officer | 1 | $225 |
Kristin Sekenske Director | Trustee | 1 | $150 |
Beth Hubbard Secretary | Officer | 1 | $150 |
Hailee Leitz Treasurer | Officer | 1 | $150 |
Adam Vandyk President | Officer | 1 | $150 |
Scott Hassle Director | Trustee | 1 | $75 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $26,439 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $26,439 |
| Total Program Service Revenue | $1,183,905 |
| Investment income | $3,462 |
| 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 | $1,213,806 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $390,370 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $4,393 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,118 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $124,698 |
| Advertising and promotion | $20,000 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $2,035 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $557,259 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,541 |
| All other expenses | $2,063 |
| Total functional expenses | $1,188,104 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $27,757 |
| Savings and temporary cash investments | $98,116 |
| Pledges and grants receivable | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $125,873 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Net assets without donor restrictions | $125,873 |
| 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 | $125,873 |
Grants Awarded
Over the last fiscal year, The Great Lakes Fruit Vegetable And Farm Market Exposition Inc has awarded $390,370 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
THE MICHIGAN VEGETABLE COUNCIL | | | $195,185 |
MICHIGAN ST HORTICULTURAL SOCIETY | | | $195,185 |