Socorro County Fair & Rodeo Assoc

Organization Overview

Socorro County Fair & Rodeo Assoc is located in Socorro, NM. The organization was established in 2018. 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. Socorro County Fair & Rodeo Assoc 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, Socorro County Fair & Rodeo Assoc generated $486.9k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 13.9% each year . All expenses for the organization totaled $417.1k during the year ending 12/2023. While expenses have increased by 13.0% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

SOCORRO COUNTY FAIR AND RODEO ASSOCIATION ORGANIZES AND MAINTAINS THE ANNUAL COUNTY FAIR WHICH SERVES THE SURROUNDING COMMUNITIES AND SUPPORTS 4-H AND FFA PROGRAMS

Describe the Organization's Program Activity:

Part 3 - Line 4a

SOCORRO COUNTY FAIR & RODEO ASSOCIATION MAINTAINS THE SOCORRO COUNTY FAIRGROUNDS AND IS RESPONSIBLE FOR PUTTING ON THE SOCORRO COUNTY FAIR AND RODEO EACH FALL.JUNIOR LIVESTOCK SALE PROMOTES AND ENCOURAGES THE AGRICULTURAL EDUCATION OF OUR YOUTH.


SOCORRO COUNTY FAIR & RODEO ASSOCIATION MAINTAINS THE SOCORRO COUNTY FAIRGROUNDS AND IS RESPONSIBLE FOR PUTTING ON THE SOCORRO COUNTY FAIR AND RODEO EACH FALL.ANNUAL RODEO IS ONE OF THE MAIN ACTIVITIES OF THE ORGANIZATION AND BRINGS IN REVENUE FOR THE FAIR AND SURROUNDING COMMUNITY.


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Board, Officers & Key Employees

Name (title)Compensation
Bethany Rosales
Director
$0
Tommy Rosales
Director
$0
Jeff Fassett
Vice President
$0
Nathan Ritter
President
$0
Caleb Kerr
Treasurer
$0
Heather Juarez
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$59,788
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$8,463
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$68,251
Total Program Service Revenue$404,960
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $4,016
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 $486,868

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