The Center For An Agricultural Economy

Organization Overview

The Center For An Agricultural Economy is located in Hardwick, VT. The organization was established in 2006. According to its NTEE Classification (C99) the organization is classified as: Environment N.E.C., under the broad grouping of Environment and related organizations. As of 12/2021, Center For An Agricultural Economy employed 34 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Center For An Agricultural Economy 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 12/2021, Center For An Agricultural Economy generated $3.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 20.8% each year . All expenses for the organization totaled $2.7m during the year ending 12/2021. While expenses have increased by 20.8% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ENGAGE THE PUBLIC IN BUILDING A REGENERATIVE, LOCALLY-BASED HEALTHY FOOD SYSTEM BY PROVIDING COMMUNITY OPEN SPACE FOR AGRICULTURAL EDUCATION AND PUBLIC EVENTS, THROUGH RESEARCH AND DEVELOPMENT OF VALUE ADDED AND LOCAL PRODUCTS TO ENHANCE THE STRENGTH OF VERMONT AGRICULTURE, AND THROUGH ASSISTING IN HUNGER RELIEF AND LOCAL FOOD ACCESS PROJECTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FARM CONNEX - CAES FARM PRODUCT DELIVERY SERVICE OPERATES UNIQUELY AS A DELIVERY SERVICE, RATHER THAN AS A DISTRIBUTOR, FOR SMALL AND MEDIUM FARMS AND FOOD BUSINESSES THAT MAY NOT BE ABLE TO UTILIZE LARGER DISTRIBUTION CHAINS IN ORDER TO ACCESS WHOLESALE MARKETS IN THE REGION. FARM CONNEX SERVES OVER 60 FARMS THROUGHOUT VERMONT, PICKING UP PRODUCTS AND DELIVERING THEM TO THEIR MARKETS.


COMMUNITY PROGRAMS - CAE'S COMMUNITY PROGRAMS RAISE AWARENESS OF THE LOCAL FOOD SYSTEM AND CREATE COLLABORATIVE PARTNERSHIPS TO ENHANCE THE COMMUNITY'S UNDERSTANDING OF FOOD AND FARMING AND RELIEVE THE INCIDENCE OF HUNGER THROUGH LOCAL FOOD ACCESS. THE PROGRAM INCLUDES OUR MANAGEMENT OF THE HARDWICK COMMUNITY GARDENS AT ATKINS FIELD, OUR GROW YOUR OWN EDUCATIONAL WORKSHOP SERIES WITH THE HARDWICK AREA FOOD PANTRY, OUR PLACE- BASED EDUCATION INITIATIVES WITHIN THE OSSU SCHOOL DISTRICT, AND HUNGER RELIEF AND FOOD SOVEREIGNTY INITIATIVES THROUGH OUR FOOD JUSTICE PROGRAM.


JUST CUT - CAES FARM-TO-INSTITUTION PROGRAM LIGHTLY PROCESSES LOCAL FARM- FRESH PRODUCE FOR SALE AND DISTRIBUTION TO VERMONTS PUBLIC SCHOOLS, COLLEGES, AND HOSPITALS. BY PARTNERING WITH LOCAL FARMERS, FOOD BUYERS ACROSS NEW ENGLAND, AND A REGIONAL DELIVERY NETWORK, WE HELP ENSURE THE VIABILITY OF VERMONTS WORKING LANDSCAPES AND PROVIDE GREATER ACCESSIBILITY OF HIGH-QUALITY PRODUCE TO ALL MARKETS.


VERMONT FARM FUND - CAE'S REVOLVING LOAN FUND FOR LOCAL FARMERS AND FOOD PRODUCERS. THE FUND WAS DEVELOPED IN RESPONSE TO INCREASING DEMAND FROM FARMERS WHO WERE STARTING NEW ENTERPRISES OR MOVING ONTO NEW LAND, AND NEEDED CAPITAL TO FUND INFRASTRUCTURE IMPROVEMENTS OR EQUIPMENT TO GET UP AND RUNNING. THIS IS A TRUE REVOLVING LOAN FUND, AS THE COMMUNITY OF RECIPIENTS PAY BACK THEIR LOANS, FUNDS ARE REPLENISHED FOR THE NEXT CYCLE OF BORROWERS.


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Board, Officers & Key Employees

Name (title)Compensation
Jon Ramsay
Executive Di
$88,600
Kristin Blodgett
Deputy Direc
$64,528
Helen Beattie
Co-Chair
$0
Andrew Meyer
Treasurer
$0
Margie Prevot
Co-Chair
$0
Ben Nottermann
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $512,283
All other contributions, gifts, grants, and similar amounts not included above$1,616,274
Noncash contributions included in lines 1a–1f $510
Total Revenue from Contributions, Gifts, Grants & Similar$2,128,557
Total Program Service Revenue$1,014,771
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$8,833
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,125,886

Grants Recieved

Over the last fiscal year, we have identified 1 grants that The Center For An Agricultural Economy has recieved totaling $30,000.

Awarding OrganizationAmount
Lintilhac Foundation

Shelburne, VT

PURPOSE: CONNECTING VERMONT PRODUCETO REGIONAL INSTITUTIONS

$30,000
View Grant Recipient Profile

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