Chester Agricultural & Mechanical Society is located in Chester, CT. The organization was established in 1947. According to its NTEE Classification (N52) the organization is classified as: Fairs, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chester Agricultural & Mechanical Society is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2023, Chester Agricultural & Mechanical Society generated $128.7k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $136.9k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE CHESTER AGRICULTURAL & MECHANICAL SOCIETY HELD ITS 143RD ANNUAL AGRICULTURAL FAIR IN 2023. THERE WERE OVER 1,500 FARM STOCK ENTRIES AND APPROXIMATELY 14,000 PEOPLE ATTENDED THE FAIR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Timothy Comstock President | 2 | $0 | |
Gary Stevens Director | 1 | $0 | |
Edith Rochette Director | 1 | $0 | |
Carol Zanelli Secretary | 2 | $0 | |
Charlene Janaczek Treasurer | 2 | $0 | |
Nancy Mcgee Director | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $1,780 |
Total Program Service Revenue | $100,810 |
Membership dues | $0 |
Investment income | $5,581 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $4,668 |
Other Revenue | $385 |
Total Revenue | $128,746 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $1,600 |
Occupancy, rent, utilities, and maintenance | $13,606 |
Printing, publications, postage, and shipping | $6,571 |
Other expenses | $111,145 |
Total expenses | $136,892 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $358,269 |
Other assets | $0 |
Total assets | $451,974 |
Total liabilities | $19,733 |
Net assets or fund balances | $432,241 |