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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Community Improvement & Capacity Building Black Farmer Fund Inc.

Black Farmer Fund Inc.

Fiscal year ending 2024. Filed on August 7, 2025.

228 Park Avenue S 38732
New York, New York 10003

Black Farmer Fund Inc. (EIN: 84-2310349) has filed an IRS Form 990 since fiscal year 2019. In its fiscal year 2024 IRS Form 990 filing, Black Farmer Fund Inc., a 501(c)(3) charitable organization, reported compensation for 4 out of 15 total employees. Among the employees shown here, the average compensation is $155,177. The highest compensated employee at Black Farmer Fund Inc. is Charles Wade with fiscal year 2024 compensation of $204,121.

Revenue, expenses, and employee compensation

Revenue

$12,437,329

Expenses

$5,573,984

Employee compensation

$1,644,554
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Charles Wade
Investment Director
$204,121
$167,931 No related comp$36,190
Olivia Watkins
Co-Executive Director / Treasurer
$156,302
$142,058 No related comp$14,244
Melanie Allen
Co-Executive Director
$133,761
$119,694 No related comp$14,067
Janet Gumbs
Finance Director
$126,524
$100,417 No related comp$26,107

Benchmark Employee Compensation

Non-Employee Board Members

Karen Washington
Chair
Makaelia Davis
Board Member
Onika Abraham
Secretary
Rhyston Mays
Board Member
Ribka Getachew
Board Member
Victoria van Amson
Board Member

Mission Statement

THE MISSION OF BLACK FARMER FUND IS TO CREATE A THRIVING, RESILIENT, AND EQUITABLE FOOD SYSTEM BY INVESTING IN BLACK FOOD SYSTEMS ENTREPRENEURS AND COMMUNITIES IN THE NORTHEAST.

Revisions to this organization profile

August 7, 2025:
2024 Black Farmer Fund Inc. 990 filed
May 14, 2024:
2023 Black Farmer Fund Inc. 990 filed
November 13, 2023:
2022 Black Farmer Fund Inc. 990 filed

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