Association Of Iowa Fairs
- Assets
- $197.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Cresco, IA
- Founding
- 11/2001
- Data as of
- 06/2022
- EIN
- 42-0690241
Organization Overview
Association Of Iowa Fairs is located in Cresco, IA. The organization was established in 2001. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Association Of Iowa Fairs is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2022, Association Of Iowa Fairs generated $163.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $150.9k during the year ending 06/2022. While expenses have increased by 3.6% 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.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
ANNUAL CONFERENCE PROVIDES NECESSARY INFORMATION TO THE FAIR INDUSTRY TO IMPROVE THEIR FAIR AND TO PROVIDE THE COMMUNITY WITH EDUCATIONAL AND CULTURAL EVENTS AIMED TOWARD YOUTH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Barnes Executive Di | 6 | $13,200 | |
Susan Barnes Executive Se | 6 | $8,800 | |
Steve Voss President | 2 | $0 | |
Danny Olson First Vice P | 2 | $0 | |
Randy Beckman Past Preside | 2 | $0 | |
John Baltes Second Vice | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $109,513 |
| Membership dues | $33,165 |
| Investment income | $1,169 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $19,723 |
| Total Revenue | $163,570 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,000 |
| Professional fees and other payments to independent contractors | $17,130 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $12,371 |
| Other expenses | $99,420 |
| Total expenses | $150,921 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $197,343 |
| Other assets | $0 |
| Total assets | $197,343 |
| Total liabilities | $0 |
| Net assets or fund balances | $197,343 |
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