NonprofitsFood Co-Op Initiative

Food, Agriculture & Nutrition

Food Co-Op Initiative

SAINT PAUL, MN

Total revenue

$497K

Total expenses

$528K

Net assets

$165K

Grants received

$223K

10 grants

EIN

272252564

Tax year

2024

Mission

To provide encouragement & support in the development of food cooperatives.

Financials

FY 2024

Revenue

Contributions & grants$481K
Program service revenue$10K
Investment income$1K
Other revenue$5K
Total revenue$497K

Expenses

Grants paid$7K
Salaries & benefits$317K
Fundraising$35K
Other expenses$203K
Total expenses$528K
Total assets$262K
Net assets$165K

People

14 listed

NameRoleCompensation

FAYE MACK

EXECUTIVE DIRECTOR

Board

$123K

40 hrs/wk

VALERIE VAL ROACH

TREASURER

Board

1 hrs/wk

JAMILA MEDLEY

SECRETARY

Board

1 hrs/wk

STEVE COOKE

DIRECTOR

Board

1 hrs/wk

RICHARD DINES

DIRECTOR

Board

1 hrs/wk

GERARDO ESPINOZA

DIRECTOR

Board

1 hrs/wk

DARNELL ADAMS

CHAIR

Board

3 hrs/wk

RICHARD LAROCHELLE

DIRECTOR

Board

1 hrs/wk

AMAHA SELLASSIE

DIRECTOR

Board

1 hrs/wk

JEANIE WELLS

DIRECTOR

Board

1 hrs/wk

RL CONDRA

DIRECTOR (THRU DEC)

Board

1 hrs/wk

JOHN GUERRA

DIRECTOR

Board

1 hrs/wk

ANNE MISAK

VICE CHAIR

Board

1 hrs/wk

JACQUELINE HANNAH

DIRECTOR OF PROGRAMMING

Staff

$116K

40 hrs/wk

Grants received

Showing 10 of 10

FromAmountPurposeYear
$5K
BOARD OR STAFF DONATION
2024
$140K
MANAGEMENT & TECHNICAL ASSISTANCE
2023
$2K
BOARD OR STAFF DONATION
2023
$6K
For grant recipient's exempt purposes
2022
$14K
For grant recipient's exempt purposes
2021
$14K
For grant recipient's exempt purposes
2021
$30K
Create and administer a new annual award to recognize excellence in start-up co-op development
2019
$6K
For grant recipient's exempt purposes
2019
$5K
FCI provides eduction/support to new food cooperatives
2019
$3K
Rural food coop for leadership and growth
2019

Funded by

$223K from 4 funders · 10 grants · 2019–2024

The Denver Foundation

$140K · 1 grant · 2023

Fidelity Investments Charitable Gift Fund

$39K · 4 grants · 2019–2022

Cooperative Development Foundation

$38K · 3 grants · 2019

Independence Public Media Of

$7K · 2 grants · 2023–2024

Details

EIN272252564
NTEE codeK30
Subsection03
Ruling date2011-01
Formed2010
Employees3
Volunteers14
FOOD CO-OP INITIATIVE — Mission, Financials & Grants Received | Grantivo