Peoria Area Community Events Inc
- Assets
- $239.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Peoria, IL
- Founding
- 11/1990
- Data as of
- 12/2020
- EIN
- 37-1253235
Organization Overview
Peoria Area Community Events Inc is located in Peoria, IL. The organization was established in 1990. 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. Peoria Area Community Events Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2020, Peoria Area Community Events Inc generated $8.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (46.7%) each year. All expenses for the organization totaled $69.2k during the year ending 12/2020. 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
2020
Describe the Organization's Program Activity:
Part 3
PEORIA AREA COMMUNITY EVENTS PRODUCED THE SANTA CLAUS PARADE BENEFITTING APPROXIMATELY 5,000 PEOPLE; EVENTS NORMALLY PRODUCED WERE SCHEDULED BUT CANCELLED DUE TO COVID-19 RESTRICTIONS AND CONCERNS
PEORIA AREA COMMUNITY EVENTS PRODUCED THE SANTA CLAUS PARADE BENEFITTING APPROXIMATELY 5,000 PEOPLE; EVENTS NORMALLY PRODUCED WERE SCHEDULED BUT CANCELLED DUE TO COVID-19 RESTRICTIONS AND CONCERNS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Burns Director | 0 | $0 | |
Tim Hickey Director | 0 | $0 | |
Georgia Solls Director - Resigned During 2020 | 0 | $0 | |
Casey Redington Director | 0 | $0 | |
Shauntel Roueche Director - Interim Secretary | 0 | $0 | |
Jessica Noland Secrectary - Resigned During 2020 | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,500 |
| Total Program Service Revenue | $1,353 |
| Membership dues | $0 |
| Investment income | $3,541 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $8,394 |
| 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 | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $69,184 |
| Total expenses | $69,184 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $229,194 |
| Other assets | $0 |
| Total assets | $239,048 |
| Total liabilities | $0 |
| Net assets or fund balances | $239,048 |
Peer Organizations
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Kentucky Derby Festival Inc Louisville, KY | $6,625,289 | $3,844,478 |
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Kane County Fair St Charles, IL | $21,061,651 | $1,916,331 |
Sheboygan County Fair Association Plymouth, WI | $2,297,030 | $1,962,294 |
Kenosha County Fair Association Inc Wilmot, WI | $2,247,686 | $1,814,776 |
German Fest Milwaukee Inc Menomonee Falls, WI | $1,157,824 | $1,461,133 |
Lake County Fair Association Grayslake, IL | $27,796,345 | $1,095,277 |
Walworth County Agricultural Society Elkhorn, WI | $2,948,383 | $904,049 |
Shawano Area Agricultural Society Inc Shawano, WI | $1,017,818 | $1,408,309 |
Southeast Missouri District Fair Association Inc Cape Girardeau, MO | $2,015,257 | $841,297 |