Organizations Filed Purposes:
THE PURPOSE OF THE CORPORATION IS TO SITMULATE A MORE VITAL RURAL ECONOMY, TO MAXIMIZE COMMUNITY CONTROL OVER OUR FUTURE ECONOMIC DESTINY, AND TO EXPAND OPPORTUNITIES FOR LOW AND MODERATE INCOME RESIDENTS OF FRANKLIN COUNTY.
COMMUNITY ECONOMIC DEVELOPMENT
THE WESTERN MASSACHUSETTS FOOD PROCESSING CENTER'S MISSION IS TO PROMOTE ECONOMIC DEVELOPMENT THROUGH ENTREPRENEURSHIP, PROVIDE OPPORTUNITIES FOR SUSTAINING LOCAL AGRICULTURE, AND PROMOTE BEST PRACTICES FOR FOOD PRODUCERS. THE FOOD PROCESSING CENTER (FPC) IS A NATIONAL MODEL. IT OFFERS A FULLY EQUIPPED COMMERCIAL KITCHEN FOR MEMBER USE, CO-PACKING CAPABILITIES AND HAS BEEN FOCUSING ON HELPING FARMERS AND OTHER CLIENTS ADD VALUE TO LOCAL FOOD, INCLUDING A VEGETABLE FREEZING OPERATION THAT PUTS LOCALLY PRODUCED PRODUCT IN LOCAL SCHOOLS. FOR THE YEAR ENDED JUNE 30, 2020, A TOTAL OF 58 BUSINESSES USED THE FACILITY. SINCE THE FPC OPENED IN 2001, OVER 400 FARMS AND FOOD BUSINESSES HAVE USED IT, PRODUCING HUNDREDS OF PRODUCTS, CREATING MILLIONS OF DOLLARS OF SALES, ADDING VALUE TO HUNDREDS OF THOUSANDS OF POUNDS OF REGIONALLY GROWN CROPS AND CREATING OVER 100 JOBS. INCLUDED IN PART VIII, STATEMENT OF REVENUE LINES 1E AND 1F WERE $245,304 OF GRANTS FOR THIS PROGRAM, OF WHICH $105,304 WAS PAID TO SUBRECIPIENTS.
THE LENDING PROGRAM AT THE FRANKLIN COUNTY COMMUNITY DEVELOPMENT CORPORATION RAISES CAPITAL FROM BOTH PUBLIC AND PRIVATE SOURCES TO PROVIDE FINANCING FOR BUSINESSES, START-UPS AND EXPANSIONS. FOR THE YEAR ENDED JUNE 30, 2020, 21 LOANS WERE MADE FOR AN AGGREGATE AMOUNT OF $1,377,029. AS OF JUNE 30, 2020 THE ORGANIZATION WAS SERVICING 99 LOANS WITH AN OUTSTANDING BALANCE OF APPROXIMATELY $3.8 MILLION, WITH A DELINQUENCY RATE ABOUT 2.6%. THIS PROGRAM HAS SUPPORTED HUNDREDS OF SMALL BUSINESSES AND ENTREPRENEURS THAT HAVE IN TURN CREATED WELL OVER 1,500 JOBS AND LEVERAGES MILLIONS OF DOLLARS OF ADDITIONAL PRIVATE CAPITAL INVESTMENT. INCLUDED IN PART VIII, STATEMENT OF REVENUE LINES 1E AND 1F WERE $348,910 OF GRANTS FOR THIS PROGRAM OF WHICH $67,265 WAS PAID TO SUBRECIPIENTS.
THE BUSINESS DEVELOPMENT PROGRAM CONSISTS OF ASSISTANCE TO BUSINESS OWNERS WITH BUSINESS PLANNING, STRUCTURING AN ORGANIZATION, CREATING A BUSINESS PLAN, SETTING GOALS, MARKETING, OPERATIONAL CONTROLS, AND CREATING A FINANCIAL PLAN. THIS PROGRAM HAS EXPANDED ITS REACH TO NOW INCLUDE HAMPSHIRE AND NORTHERN BERKSHIRE COUNTIES. A TOTAL OF 295 CLIENTS WERE SUPPORTED THIS PAST YEAR, WITH 85 OF THEM RECEIVING MORE THAN FIVE HOURS OF ASSISTANCE. INCLUDED IN PART VIII, STATEMENT OF REVENUE LINES 1E AND 1F WERE $231,335 OF GRANTS FOR THIS PROGRAM, OF WHICH $98,272 WAS PAID TO SUBRECIPIENTS.
Executives Listed on Filing
Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing
| Name | Title | Hours Per Week | Total Salary |
|---|
| John F Waite | EXECUTIVE DIRECTOR | 37.5 | $100,537 |
| Matt Allen | DIRECTOR | 1 | $0 |
| Tom Ewing | DIRECTOR | 1 | $0 |
| Darren Gale | DIRECTOR | 1 | $0 |
| Margaret Christie | CLERK | 1 | $0 |
| Claire Chang | VICE PRESIDENT | 1 | $0 |
| Barbara Campbell | DIRECTOR | 1 | $0 |
| Rachel Stoler | DIRECTOR | 1 | $0 |
| Cheryl Dukes | DIRECTOR | 1 | $0 |
| Andrea Nathanson | PRESIDENT | 1 | $0 |
| Aj Bresciano | TREASURER | 1 | $0 |
Data for this page was sourced from XML published by IRS (
public 990 form dataset) from:
https://s3.amazonaws.com/irs-form-990/202121339349303377_public.xml