Wabash Valley Fair Association Inc

The information for Wabash Valley Fair Association Inc is as of the organization's most recent filing in September '20. This organization is located in Terre Haute, IN. It has been in existence for 78 years, following its founding in 1942.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Wabash Valley Fair Association Inc's NTEE code is N52. The "N" tells us that the organization is classified along with Recreation & Sports. The "52" tells us that the organization is a Fairs organization. The NTEE describes Fairs organizations as those which sponsor, organize and promote fairs and festivals. These can include collectible/antique fairs, county and state fairs, street fairs, festivals, parades, and other similar activities during religious and patriotic holidays and other special occasions.

Every organization is also governed by a specific section of the Internal Revenue Code. The most common type is a 501(c)(3) organization. However, there are actually 29 different types of organizations that are identified by the Internal Revenue Code. This organization happens to be a 501(c)(5) organization. The IRS describes these organizations as Labor, Agricultural and Horticultural Organizations.

The mission of the Wabash Valley Fair Association Inc is to conduct an annual county fair in Vigo County, Indiana for the promotion of agricultural, horticultural, livestock educational, social civic and business interests in Vigo County, Indiana as well as to promote 4-H Club work.

Program Areas

The purpose of this organization is to conduct an annual county fair in Vigo County, Indiana for the promotion of agricultural, horticultural, livestock, educational, social, civic and business interests. In addition, it serves to promote 4-H Club work. All revenues, support, and functional expenses related to this program are reported within the general fund.

Organization Staffing

Wabash Valley Fair Association Inc is run by Mike Morris, who is the President. The organization has 7 employees, of whom none are paid more than $100k per year (according to the organization's most recent 990 tax filing). Supporting the paid staff are more than 100 volunteers.

Board Governance

The Wabash Valley Fair Association Inc is well-governed, with 26 voting members and 200 independent members. The organization has documented board and committee meetings, and does not have any potential conflicts of interest. The organization does not have a conflict of interest policy, a written whistleblower policy, a document retention policy, or policies for substantiating and reviewing the salaries of leadership and officers. Additionally, the organization does not provide copies of the 990 to the board prior to filing. Despite these factors, the Wabash Valley Fair Association Inc is well-governed and is in compliance with its governing regulations.

Organization Growth

Based on the data provided, the Wabash Valley Fair Association Inc has not grown significantly over the given period. Program Service Revenue, Investment Income, Total Revenue, and Employee Salaries have all decreased while Total Expenses and the number of Volunteers has also decreased. The number of Employees remained the same.