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Nonprofit · EIN 82-4559064

COASTAL FOODSHED INC

Tax-exempt · NEW BEDFORD, MA 02744

Financials

$930K$827K2023$1.3M$1.2M2024
Revenue Expenses · by fiscal year end
Financials of COASTAL FOODSHED INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,311,127$1,199,430$111,697$1,066,243$506,669$559,574
December 31, 2023990$930,193$826,708$103,485$573,586$125,709$447,877
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,245,855
of which government grants
$814,038
Program service revenue
$7,325
Investment income
$0
Net income from sales of inventory
$56,088
Other revenue
$57,947

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$75,029
Other salaries and wages
$274,604
Salaries, compensation and benefits (total)
$389,409
Professional fundraising fees
$0
Accounting fees
$46,615
Occupancy
$70,166
Travel
$276
Depreciation
$36,211
Program services (functional)
$970,788
Management and general (functional)
$151,005
Fundraising (functional)
$77,637

Balance sheet and other

Total assets, start of year
$573,586
Total assets, end of year
$1,066,243
Total liabilities, end of year
$506,669
Net assets, end of year
$559,574
Land, buildings and equipment
$211,193
Net assets without donor restrictions
$443,327
Net assets with donor restrictions
$116,247
Gross receipts
$1,519,770
Employees
17
Volunteers
8
Year formed
2018
State of legal domicile
MA

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.

NameTitleHours / weekCompensationOther / benefits
STEPHANIE PERKSEXECUTIVE DIRECTOR
Officer
40$72,065$2,964
KAREN SCHWALBEPRESIDENT
Trustee or director, Officer
0.5$0$0
JOSEPH TAVARESTREASURER
Trustee or director, Officer
0.5$0$0
JUSTIN SHEPARDSECRETARY
Trustee or director, Officer
0.5$0$0
LAUREN MELBYDIRECTOR
Trustee or director
0.5$0$0
HALEY REGODIRECTOR
Trustee or director
0.5$0$0
JILL TERRELL-OUAZZANIDIRECTOR
Trustee or director
0.5$0$0
SARAH COGSWELLDIRECTOR (UNTIL 04/2024)
Trustee or director
0.5$0$0
MICHELLE RODIRGUEZDIRECTOR (UNTIL 07/2024)
Trustee or director
0.5$0$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensationOther / benefits
STEPHANIE PERKSEXECUTIVE DIRECTOR
Officer
40$69,971$2,099
KAREN SCHWALBEPRESIDENT
Trustee or director, Officer
0.5$0$0
JOSEPH TAVARESTREASURER
Trustee or director, Officer
0.5$0$0
SARAH COGSWELLDIRECTOR
Trustee or director
0.5$0$0
MICHELLE RODIRGUEZDIRECTOR
Trustee or director
0.5$0$0
JUSTIN SHEPARDDIRECTOR
Trustee or director
0.5$0$0

Address and contacts

Address (IRS master file)
127 RODNEY FRENCH BLVD STE 312, NEW BEDFORD, MA 02744-1690
In care of
% KIMBERLY S FERREIRA
Principal officer (990 for 2024)
STEPHANIE PERKS, 127 W RODNEY FRENCH BLVD STE 312, NEW BEDFORD, MA 02744
Signed the 990
STEPHANIE PERKS, EXECUTIVE DIRECTOR
Phone
(508) 259-2647
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

A PUBLIC HEALTH INITIATIVE WORKING TO MAKE HEALTHY LOCAL FOODS MORE AVAILABLE, MORE ACCESSIBLE, AND MORE FAMILIAR BY CONNECTING LOCAL GROWERS WITH LOCAL CONSUMERS AS WELL AS PROVIDING EDUCATION AROUND LOCAL FOOD, NUTRITION, AND REGENERATIVE AGRICULTURE.

990 for the year ended December 31, 2024

Program accomplishments

  • THE HIP DELIVERY PROGRAM WAS STARTED IN JUNE 2024 AS A PILOT TO REPLACE THE MOBILE FARM STAND. WE AGGREGATE LOCAL PRODUCE FROM FARMS TO MAKE BAGS OF FOOD THAT IS DELIVERED TO SNAP CUSTOMERS ACROSS THE REGION WORKING WITH SOCIAL SERVICE AGENCIES TO IDENTIFY LOCATIONS AND SNAP CUSTOMERS. INFORMATION ON THIS PROGRAM INCLUDING EXPENSES AND REVENUE ARE ESTIMATES. MOBILE FARM STAND: THE MFS COMPLETED IT'S FINAL YEAR IN 2024, WHICH IS A TRAVELING FARMERS MARKET SELLING LOCAL PRODUCE PARTICULARLY TO SNAP CUSTOMERS. INFORMATION ON THIS PROGRAM INCLUDING EXPENSES AND REVENUE ARE ESTIMATES.
    Expenses $120,047 · revenue $52,747
  • VIRTUAL MARKET: COASTAL FOODSHED OPERATES AN ONLINE FARMERS MARKET WHERE CUSTOMERS CAN ORDER LOCAL FOOD ONLINE FOR PICKUP AND DELIVERY. IN AUGUST OF 2024, WE MOVED TO A NEW LOCATION AND OPENED A BRICK AND MORTAR RETAIL STORE, CALLED THE FOOD HUB MARKET, AN EXPANSION OF OUR VIRTUAL MARKET. WE ARE OPEN 5 DAYS A WEEK 9-5PM SELLING LOCAL FOOD TO SNAP CUSTOMERS AND THE PUBLIC. THESE TWO PROGRAMS SHARE AN INVENTORY AND BUDGET. INFORMATION ON THIS PROGRAM INCLUDING EXPENSES AND REVENUE ARE ESTIMATES
    Expenses $117,749 · revenue $10,666
  • Expenses $732,992

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
82-4559064
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2018
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,066,243
Income (IRS master file)
$1,519,770

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,311,127$1,199,430$1,066,243XML
990December 2023$930,193$826,708$573,586XML
990December 2022$587,849$420,999$650,906IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––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 82-4559064).

Questions about COASTAL FOODSHED INC

What is the EIN of COASTAL FOODSHED INC?
The employer identification number (EIN) of COASTAL FOODSHED INC is 82-4559064.
Is COASTAL FOODSHED INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to COASTAL FOODSHED INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COASTAL FOODSHED INC 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 COASTAL FOODSHED INC 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 COASTAL FOODSHED INC 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 COASTAL FOODSHED INC?
The 990 for the year ended December 31, 2024 names STEPHANIE PERKS.
Who are the officers and directors of COASTAL FOODSHED INC?
The 990 for the year ended December 31, 2024 lists 9 people; 1 received compensation from the organization, the highest $72,065 (STEPHANIE PERKS, EXECUTIVE DIRECTOR).
How much revenue does COASTAL FOODSHED INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,311,127, expenses of $1,199,430 and total assets of $1,066,243 at year end.

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