Nonprofit · EIN 82-1079237
URBAN AGRICULTURE COOPERATIVE
Tax-exempt · NEWARK, NJ 07102
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,740,933 | $1,694,515 | $46,418 | $303,204 | $59,667 | $243,537 |
| December 31, 2023 | 990 | $697,606 | $792,806 | -$95,200 | $215,601 | $18,482 | $197,119 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $1,282,915
- of which government grants
- $122,839
- Program service revenue
- $457,245
- Investment income
- $773
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $175,683
- Compensation of officers, directors and key employees
- $63,692
- Other salaries and wages
- $155,832
- Salaries, compensation and benefits (total)
- $252,210
- Professional fundraising fees
- $0
- Legal fees
- $31,240
- Occupancy
- $47,753
- Travel
- $2,912
- Depreciation
- $3,037
- Program services (functional)
- $1,542,631
- Management and general (functional)
- $151,884
Balance sheet and other
- Total assets, start of year
- $215,601
- Total assets, end of year
- $303,204
- Total liabilities, end of year
- $59,667
- Net assets, end of year
- $243,537
- Land, buildings and equipment
- $27,331
- Net assets without donor restrictions
- $243,537
- Gross receipts
- $1,740,933
- Employees
- 9
- Volunteers
- 100
- Year formed
- 2017
- State of legal domicile
- NJ
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| LORRAINE GIBBONS | Director Trustee or director | 35 | $100,000 |
| EMILIO S PANASCI | CEO Trustee or director, Officer | 35 | $63,692 |
| JAMIE BRUNO | Director Trustee or director | 1 | $0 |
| SHARIF ELZEIN | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EMILIO S PANASCI | CEO Trustee or director, Officer | 35 | $66,462 |
| LORRAINE GIBBONS | Director Trustee or director | 35 | $62,045 |
| JAMIE BRUNO | Director Trustee or director | 0 | $0 |
| SHARIF ELZEIN | Director Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 58 CRAWFORD ST, NEWARK, NJ 07102-1121
- Principal officer (990 for 2024)
- EMILIO S PANASCI, 58 CRAWFORD STREET 1, NEWARK, NJ 07102
- Signed the 990
- EMILIO S PANASCI, CEO
- Phone
- (908) 208-7244
Mission
The primary purpose of the Urban Agricultural Cooperative is to provide urban farmers with technical assistance on how to grow and market nutritional organic produce. The Organization also recruits and helps new urban farmers to locate areas to set up their farms, provide technical assistance, provide supplies and tools where needed and to monitor their progress.
Program accomplishments
- In 2022, Urban Agriculture Cooperative supported over thirty (30) Farmer's Markets as well as a variety of wholesle orders of locally grown fruits, vegetables, herbs and flowers. We also consulted with various urban farmers to improve their businesses. In total we sold $149,000 of grown produce to community schools, non-proit organizations, residents and food pantries.Expenses $1,542,631
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 82-1079237
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Food, agriculture and nutrition (K02)
- Assets (IRS master file)
- $303,204
- Income (IRS master file)
- $1,740,933
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,740,933 | $1,694,515 | $303,204 | IRS |
| 990 | December 2023 | $697,606 | $792,806 | $215,601 | XML |
| 990 | December 2022 | $541,756 | $349,897 | $326,391 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-EZ | December 2019 | – | – | – | IRS |
| 990-EZ | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 82-1079237).
Questions about URBAN AGRICULTURE COOPERATIVE
- What is the EIN of URBAN AGRICULTURE COOPERATIVE?
- The employer identification number (EIN) of URBAN AGRICULTURE COOPERATIVE is 82-1079237.
- Is URBAN AGRICULTURE COOPERATIVE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
- Are donations to URBAN AGRICULTURE COOPERATIVE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does URBAN AGRICULTURE COOPERATIVE file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of URBAN AGRICULTURE COOPERATIVE due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did URBAN AGRICULTURE COOPERATIVE last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of URBAN AGRICULTURE COOPERATIVE?
- The 990 for the year ended December 31, 2024 names EMILIO S PANASCI.
- Who are the officers and directors of URBAN AGRICULTURE COOPERATIVE?
- The 990 for the year ended December 31, 2024 lists 4 people; 2 received compensation from the organization, the highest $100,000 (LORRAINE GIBBONS, Director).
- How much revenue does URBAN AGRICULTURE COOPERATIVE have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,740,933, expenses of $1,694,515 and total assets of $303,204 at year end.
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