Eastern Market Corporation
Eastern Market Corporation
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About this organization
Mission
The mission of Eastern Market Corporation is to leverage its dynamic history, manage operations, develop programs, build facilities, and provide critical infrastructure to strengthen the Eastern Market District, improve access to healthy, green, affordable, and fair food choices in Detroit and throughout Southeast Michigan, and fortify the food sector as a pillar of regional economic growth.
About
Public market activities: fees for the use of market facilities and lots, as well as shed stall leases to provide market vendors access to the public in a centralized location, including 52 Saturday markets, numerous Sunday and Tuesday markets, and several private facility rentals
Interesting data from their 2020 990 filing
In the filing, the mission of the non-profit is noted as “Eastern market corporation ("emc") is a michigan non-profit corporation organized to combat community deterioration and to lessen the burdens of government in managing its public market that has served detroit since 1891. emc operates the market under an agreement with the city of detroit, which owns the facility. emc has developed a capital improvement plan and is implementing a series of capital improvements to improve 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 (the "market") is to leverage the attraction and legacy of the market, to build a dynamic, diverse, and unique urban district, and to strengthen the identity of the market as a food-related district by enhancing the operations of the existing public market and by developing business opportunities for specialty food retailers, food wholesale operations, restaurants, food distributors, and food processors.”.
When referring to its responsibilities, they were outlined as: “The mission of eastern market corporation is to leverage its dynamic history, manage operations, develop programs, build facilities, and provide critical infrastructure to strengthen the eastern market district, improve access to healthy, green, affordable, and fair food choices in detroit and throughout southeast michigan, and fortify the food sector as a pillar of regional economic growth.”.
- The state in which the non-profit is legally registered to operate is MI, as per legal records.
- The filing documents the non-profit's address in 2020 as 2934 RUSSELL, DETROIT, MI, 482074826.
- According to the non-profit's form, they have 103 employees on their payroll as of 2020.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is $2,629,405.
- The organization has 19 independent voting members.
- The organization was formed in 2006.
- The organization pays $2,636,408 in salary, compensation, and benefits to its employees.
- The organization pays $448,471 in fundraising expenses.