TY 2023 Form 990EZ

Form990EZ

Department of the Treasury
Internal Revenue Service

Short Form
Return of Organization Exempt From Income Tax

Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)

Do not enter social security numbers on this form as it may be made public.

Go to www.irs.gov/Form990EZ for instructions and the latest information.

OMB No. 1545-0047

2023

Open to Public
Inspection

Check if applicable:

Address change

Name change

Initial return

Final return/terminated

Amended return

Application pending

C Name of organization
Northeast Minneapolis Farmers Market

Number and street (or P. O. box, if mail is not delivered to street address)PO Box 68067
Room/suite

City or town, state or province, country, and ZIP or foreign postal code Minneapolis, MN55418

D Employer identification number

26-4553496

E Telephone number

(612) 616-2745

F Group Exemption
Number bullet

Part ⅢStatement of Program Service Accomplishments (see the instructions for Part III) Check if the organization used Schedule O to respond to any question in this Part III . .	Expenses (Required for section 501(c)(3) and 501(c)(4) organizations; optional for others.)
What is the organization's primary exempt purpose? The Northeast Minneapolis Farmers Market (NEFM), notably the first community-based farmers markets in the city, is a non-profit organization that was started in 1999 as a gathering place to raise funds and community support for the Eastside Food Co-op (EFC). The market was designed to be a way for the co-op to help build relationships with growers, meat producers, and neighborhood associations and organizations.
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. In a clear and concise manner, describe the services provided, the number of persons benefited, and other relevant information for each program title.
28 The Northeast Minneapolis Farmers Market provides a safe, accessible and friendly environment for the community to conduct commerce and encourage a socialization alternative. The market promotes the sale of locally grown and produced fresh foods, unique gifts and unusual services otherwise neglected by the mainstream businesses. We enhance the livability of the neighborhood and foster sustainability in the Northeast community. (Grants $ ) If this amount includes foreign grants, check here ...			28a	91,434
29 (Grants $ ) If this amount includes foreign grants, check here ...			29a
30 (Grants $ ) If this amount includes foreign grants, check here ...			30a
31 Other program services (describe in Schedule O) ................ (Grants $ ) If this amount includes foreign grants, check here...	31a
32 Total program service expenses (add lines 28a through 31a)..........	32	91,434

(a) Name and title

(b) Average
hours per week
devoted to position

(c) Reportable compensation
(Forms W-2/1099-MISC) (if not paid, enter -0-)

(d) Health benefits, contributions to employee benefit plans, and
deferred compensation

(e) Estimated amount
of other compensation

NA

NA

Yes

Did the organization engage in lobbying activities or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part II .......................

Is the organization a school as described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule E ..

49a

Did the organization make any transfers to an exempt non-charitable related organization?......

49a

If "Yes," was the related organization a section 527 organization?................

49b

Complete this table for the organization's five highest compensated employees (other than officers, directors, trustees and key employees) who each received more than $100,000 of compensation from the organization. If there is none, enter "None."

(a) Name and title of each employee	(b) Average hours per week devoted to position	(c) Reportable compensation (Forms W-2/1099-MISC)	(d) Health benefits, contributions to employee benefit plans, and deferred compensation	(e) Estimated amount of other compensation
NONE

Total number of other employees paid over $100,000 ............. bullet

Complete this table for the organization's five highest compensated independent contractors who each received more than $100,000 of compensation from the organization. If there is none, enter "None."

(a) Name and business address of each independent contractor	(b) Type of service	(c) Compensation
NONE

Return Reference	Explanation
Other Expenses.1001	Advertising and Promotion $8340
Other Expenses.1002	Office Expenses $1821
Other Expenses.1012	Insurance $3200
Other Expenses.1	Event Services $9988
Other Expenses.2	Telephone $757
Other Expenses.3	Board Meetings $592
Other Expenses.4	Bank $117
Other Assets.1	EBT Asset - Beginning $2173 EBT Asset - Ending $2473
Total Liabilities.1	EBT Liability - Beginning $35296 EBT Liability - Ending $23343

Return Reference

Explanation

Other Expenses.1001

Advertising and Promotion $8340

Other Expenses.1002

Office Expenses $1821

Other Expenses.1012

Insurance $3200

Other Expenses.1

Event Services $9988

Other Expenses.2

Telephone $757

Other Expenses.3

Board Meetings $592

Other Expenses.4

Bank $117

Other Assets.1

EBT Asset - Beginning $2173 EBT Asset - Ending $2473

Total Liabilities.1

EBT Liability - Beginning $35296 EBT Liability - Ending $23343

1	Contributions, gifts, grants, and similar amounts received ....................	1	33,929
2	Program service revenue including government fees and contracts ................	2
3	Membership dues and assessments .............................	3	37,027
4	Investment income ....................................	4	198
5a	Gross amount from sale of assets other than inventory .......	5a
b	Less: cost or other basis and sales expenses ............	5b	0
c	Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a) ......	5c
6	Gaming and fundraising events
a	Gross income from gaming (attach Schedule G if greater than $15,000)	6a
b	Gross income from fundraising events (not including $ of contributions from fundraising events reported on line 1) (attach Schedule G if the			sum of such gross income and contributions exceeds $15,000) ..	6b	0
c	Less: direct expenses from gaming and fundraising events ...	6c	0
d	Net income or (loss) from gaming and fundraising events (add lines 6a and 6b and subtract line 6c)	6d
7a	Gross sales of inventory, less returns and allowances ......	7a
b	Less: cost of goods sold .............	7b	0
c	Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a) .........	7c
8	Other revenue (describe in Schedule O) ....................	8
9	Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8 ..............	9	71,154

10	Grants and similar amounts paid (list in Schedule O) ................	10
11	Benefits paid to or for members ......................	11
12	Salaries, other compensation, and employee benefits ................	12	59,727
13	Professional fees and other payments to independent contractors ............	13	745
14	Occupancy, rent, utilities, and maintenance ...................	14	6,147
15	Printing, publications, postage, and shipping ...................	15
16	Other expenses (describe in Schedule O) ...................	16	24,815
17	Total expenses. Add lines 10 through 16 .................	17	91,434

Sign Here

	Signature of officer	Date

	Type or print name and title

Software ID:	23017517
Software Version:	2023v5.0

Software ID:	23017517
Software Version:	2023v5.0

18	Excess or (deficit) for the year (Subtract line 17 from line 9) ............	18	-20,280
19	Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with
	end-of-year figure reported on prior year’s return) .................	19	88,071
20	Other changes in net assets or fund balances (explain in Schedule O) ...........	20
21	Net assets or fund balances at end of year. Combine lines 18 through 20 ..........	21	67,791