Chaffee County Fair Foundation
- Assets
- $10.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Salida, CO
- Founding
- 03/2018
- Data as of
- 12/2019
- EIN
- 82-2818024
Organization Overview
Chaffee County Fair Foundation is located in Salida, CO. The organization was established in 2018. 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. Chaffee County Fair Foundation 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 12/2019, Chaffee County Fair Foundation generated $4.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (71.9%) each year. All expenses for the organization totaled $4.4k during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (68.8%) per year over the past 2 years. 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
2019
Describe the Organization's Program Activity:
Part 3
PROVIDE SUPPORT TO CHAFFEE COUNTY IN CONDUCTING THE COUNTY FAIR AND OTHER ACTIVITIES ON THE FAIRGROUNDS. FUNDS RAISED THROUGH SPONSORSHIP AND EVENTS ARE USED TO HELP MAKE IMPROVEMENTS TO THE FAIRGROUNDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Edward Scanga Chairman | 0.25 | $0 | |
Ralph Scanga Vice Chairman | 0.25 | $0 | |
Abigail Hutchinson Director | 0.25 | $0 | |
Karen Peeples Secretary | 0.25 | $0 | |
Barbara Wind Director | 0.25 | $0 | |
Bernie Post Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $967 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,303 |
| Other Revenue | $0 |
| Total Revenue | $4,270 |
| 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 | $3,817 |
| Other expenses | $564 |
| Total expenses | $4,381 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $9,986 |
| Other assets | $0 |
| Total assets | $9,986 |
| Total liabilities | $740 |
| Net assets or fund balances | $9,246 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Albuquerque International Balloon Fiesta Inc Albuquerque, NM | $13,518,280 | $13,246,865 |
Southwestern Fair Commission Inc Tucson, AZ | $10,447,798 | $10,245,189 |
Utah State Fair Corporation Salt Lake City, UT | $6,943,836 | $8,118,734 |
Lancaster County Agricultural Society Inc Lincoln, NE | $20,865,052 | $2,982,282 |
Petroleum Equipment Institute Tulsa, OK | $10,127,893 | $3,682,039 |
Cody Stampede Inc Cody, WY | $3,494,478 | $3,110,728 |
Wichita Festivals Inc Wichita, KS | $2,056,183 | $2,145,055 |
Country Fair White Elephant Inc Green Valley, AZ | $2,370,959 | $1,551,800 |
Southern New Mexico State Fair Las Cruces, NM | $1,092,028 | $1,459,463 |
Yuma County Fair Inc Yuma, AZ | $3,736,026 | $410,388 |
Santa Cruz County Fair & Rodeo Association Sonoita, AZ | $1,741,789 | $1,887,345 |
Verde Valley Fair Association Cottonwood, AZ | $848,579 | $1,065,761 |