Tri-County Co-Operative Fair Association
- Assets
- $1.1m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Petersburg, WV
- Founding
- 03/2011
- Data as of
- 12/2023
- EIN
- 55-0784812
Organization Overview
Tri-County Co-Operative Fair Association is located in Petersburg, WV. The organization was established in 2011. According to its NTEE Classification (K20) the organization is classified as: Agricultural Programs, under the broad grouping of Food, Agriculture & Nutrition and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Tri-County Co-Operative Fair Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Tri-County Co-Operative Fair Association generated $1.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.6% each year . All expenses for the organization totaled $777.0k during the year ending 12/2023. While expenses have increased by 7.6% per year over the past 6 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE IMPROVEMENT OF AGRICULTURAL PRACTICES THROUGH THE OPERATION OF A FAIR AND EXHIBITS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE TRI-COUNTY FAIR COOPERATIVE ASSOCIATION IS HELD IN PETERSBURG, WV, STARTING THE LAST SATURDAY OF JULY. THE FAIR WHICH STARTED AS A SMALL AGRICULTURAL FAIR IN THE EALY 1920S WITH DISPLAYS IN AND ON THE LAWN OF THE GRANT COUNTY COURTHOUSE HAS GROWN INTO A FAIR WITH EXHIBITORS, PARTICIPANTS AND SPECTATORS FOR THE THREE AREA COUNTIES, GRANT, HARDY AND PENDLETON. THE FAIRS ASSOCIATION WORKS WITH YOUTH FROM TWENTY-SIX (26) 4-H CLUBS IN THE TRI-COUNTY AREA AND SEVEN (7) FUTURE FARMER OF AMERICA (FFA) CHAPTERS GIVING THESE YOUNG PEOPLE A CHANCE TO EXHIBIT THEIR DIFFERENT PROJECTS IN A WIDE VARIETY OF FIELDS. THERE ARE 22 COMMUNITY OUTREACH EDUCATION SERVICE CLUBS INVOLVED IN THE FAIR. THE FAIR OFFERS COMMERCIAL, FARM AND HOME EXHIBITS AS WELL AS A MIDWAY WITH RIDES AND GAMES. THE FAIR, FOR SOME NON-PROFIT AND CIVIC ORGANIZATIONS IS THE LARGEST FUND RAISE OF THE YEAR FOR MANY ORGANIZATIONS SUCH AS LIONS AND LOCAL FIRE DEPARTMENTS. THE FAIR HOLDS THREE DIFFERENT EVENTS EACH YEAR IN WHICH LOCAL HIGHT SCHOOL STUDENTS MAY COMPETE FOR A SCHOLARSHIP TO THE SCHOOL OF THEIR CHOICE. THE FAIR PROVIDES THE SCHOLARSHIPS AND VARIOUS YOUTH EVENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roy P Harper President | OfficerTrustee | 3 | $0 |
James Pitsenbarger Vice President | OfficerTrustee | 2 | $0 |
Tara Mitchel Director | Trustee | 2 | $0 |
Debbie Cosner Treasurer | OfficerTrustee | 5 | $0 |
Britteny Mitters Director | OfficerTrustee | 3 | $0 |
Julie Shobe Director | Trustee | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $207,548 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $207,548 |
| Total Program Service Revenue | $0 |
| Investment income | $866 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $1,007,977 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $530 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $48,831 |
| Office expenses | $13,068 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $36,339 |
| Insurance | $13,628 |
| All other expenses | $3,914 |
| Total functional expenses | $776,969 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $221,877 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $830,407 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,052,284 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $1,052,284 |
| Total liabilities and net assets/fund balances | $1,052,284 |