Red River Valley Fair Association

Organization Overview

Red River Valley Fair Association is located in West Fargo, ND. The organization was established in 1959. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 10/2022, Red River Valley Fair Association employed 134 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Red River Valley Fair Association is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.

For the year ending 10/2022, Red River Valley Fair Association generated $7.1m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $6.4m during the year ending 10/2022. While expenses have increased by 9.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROMOTE, FOSTER, OPERATE AND MAINTAIN A FAIR, AGRICULTURAL AND LIVESTOCK EXPOSITION, ANNUALLY, AT THE RED RIVER VALLEY FAIRGROUNDS, WEST FARGO, CASS COUNTY, NORTH DAKOTA

Describe the Organization's Program Activity:

Part 3 - Line 4a

OPERATE THE ANNUAL RED RIVER VALLEY FAIR, PROMOTING AGRICULTURE AND BENEFITING THE COMMUNITY.


OPERATE ANNUAL AGRICULTURE EXPOSITION, BIG IRON, ALONG WITH OTHER EXPOSITIONS.


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Board, Officers & Key Employees

Name (title)Compensation
Cody Cashman
General Manager
$122,387
Cheryl Herre-Altizer
CFO
$94,766
Carina Sprenger
Vice President
$0
Robert Rasmussen
President
$0
Chris Feickert
Secretary/treasurer
$0
Vern Hofman
Executive Member
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
In-house Advertising Inc
Advertising
$212,018
Hubert Oye & Sons Inc
Asphalt Sealing
$138,802
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $500,000
All other contributions, gifts, grants, and similar amounts not included above$230,354
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$730,354
Total Program Service Revenue$5,873,210
Investment income $9,445
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $489,334
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,102,343

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