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Central Market Trust

Central Market Trust

Lancaster, PA 17603
Tax ID76-0822944

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About this organization

Revenue

$706,745

Expenses

$1,404,433

Website

centralmarketlancaster.com

Mission

We are the trusted steward of Lancaster Central Market cultivating businesses, relationships, and community in and around our public market.

About

Management and preservation of the historic Central Market in Lancaster, PA

Interesting data from their 2020 990 filing

The non-profit's aim, as stated in the filing, is “The organization performs the daily management of the lancaster central market in a manner that facilitates the economic health of standholders' businesses while remaining consistent with traditional market and historic preservation standards. in addition, it protects and operates the central market as a historically viable farmers' market; preserves the unique 1886 building as the centerpiece of a historic urban community; and contributes to sustaining the continuing legacy and heritage of the city of lancaster.”.

When referring to its actions, they were outlined as: “We are the trusted steward of lancaster central market cultivating businesses, relationships, and community in and around our public market.”.

  • The non-profit has complied with legal obligations by reporting their state of operation as PA.
  • The non-profit's address in 2020 is noted in the filing as 8 N QUEEN STREET, LANCASTER, PA, 17603.
  • The non-profit's form for 2020 reports a total of 3 employees.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Does not provide credit counseling.
  • Does not have foreign activities.
  • Is not a donor-advised fund.
  • Is not a private foundation.
  • Expenses are between $250,000 and $500,000.
  • Revenue is between $500,000 and $1,000,000+.
  • Revenue less expenses is -$697,688.
  • The salary policy for the CEO of the organization is established through a review and approval by an impartial party.
  • The organization has 13 independent voting members.
  • The organization was formed in 2006.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $144,368 in salary, compensation, and benefits to its employees.
  • The organization pays $20,112 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization's financial statements were reviewed by an accountant.

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