Overview
What is Champlain Valley Exposition Inc?
Champlain Valley Exposition Inc, located in Essex Junction, Vermont, serves its community and region by promoting various activities. The primary focus is on agriculture, education, arts and culture, commerce, and entertainment. They achieve this through hosting a 10-day annual fair and managing approximately 80 off-season events, many of which are agriculture-related. These events include horse shows, festivals, and craft fairs, offering various exhibits, concessions, and entertainment. These diverse revenue and expense streams contribute to the organization's mission, which aims to serve the people of Vermont and its surrounding areas by promoting these diverse activities. The organization employs 273 individuals to fulfill this mission.
Official website here: www.cvexpo.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 56% (One-Star out of Four Stars)
Champlain Valley Exposition Inc has received a low rating of 56% from Charity Navigator, indicating concerns regarding its overall accountability and financial health. While the organization scores well in areas such as the independence of its board members and the absence of material asset diversion, it lacks essential policies like a conflict of interest and whistleblower policy. This absence suggests potential governance weaknesses that could impact stakeholder trust.
User feedback from Great Nonprofits reflects a mixed sentiment. While one individual expressed interest in volunteering, another reviewer harshly criticized the organization's association with certain events, claiming they involve unsavory practices. This negative feedback highlights a disconnect between the organization's public image and the perceptions of some members of the community regarding its activities.
Overall, while Champlain Valley Exposition has some strengths in its governance structure, significant concerns about policy gaps and public perception remain. The organization's low rating may deter potential donors and volunteers who prioritize transparency and ethical practices.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is Champlain Valley Exposition Inc legitimate?
Champlain Valley Exposition Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Champlain Valley Exposition Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $196,067
Professional Fundraising Fees: $0
Other Salaries and Wages: $894,060
For more financial information, click here
Official website here: www.cvexpo.org
What is the mission statement of Champlain Valley Exposition Inc?
Champlain Valley Exposition Inc's mission is centered around serving the people of a specific region, promoting various sectors such as agriculture, education, arts and culture, commerce, and entertainment activities. Through organizing events, the institution aims to contribute positively to these sectors. The organization hosts an annual agricultural and horticultural fair, alongside approximately 80 off-season events, many of which focus on agriculture. These events encompass a variety of exhibits, concessions, and entertainment, generating a diverse range of revenue and expense streams.
Official website here: www.cvexpo.org
Who is the CEO of Champlain Valley Exposition Inc?
Timothy Shea is the Executive Di of Champlain Valley Exposition Inc.
Official website here: www.cvexpo.org
What is the revenue of Champlain Valley Exposition Inc?
Champlain Valley Exposition Inc's revenue in 2022 was $5,293,364.
Official website here: www.cvexpo.org
Who are the executives of Champlain Valley Exposition Inc and what are their salaries?
The average compensation at Champlain Valley Exposition Inc during 2022 was $3,993. There are 273 employees and 150200 volunteers at Champlain Valley Exposition Inc.
Here are 17 key members and their salaries:
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Official website here: www.cvexpo.org
Where can I find the form 990 for Champlain Valley Exposition Inc?
Champlain Valley Exposition Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.cvexpo.org
Learn more at the official website: www.cvexpo.org
Mission Statement of Champlain Valley Exposition Inc
Champlain Valley Exposition Inc, a noteworthy organization, is committed to serving the people of its region by promoting various activities. Its mission encompasses agriculture, education, arts and culture, commerce, and entertainment. This organization strives to bring these diverse sectors together, aiming to benefit and engage the local community.
In simpler terms, Champlain Valley Exposition Inc serves as a platform that fosters connections between agriculture, education, arts, commerce, and entertainment. By organizing events related to these fields, it aims to cater to the interests and needs of its region's population. Some of these events include agricultural and horticultural fairs, horse shows, festivals, and craft shows. These events provide a mix of exhibits, concessions, and entertainment, generating a wide array of revenue and expense streams.
In essence, Champlain Valley Exposition Inc plays a significant role in its community by providing opportunities for learning, entertainment, and commerce. Through its events, it promotes agriculture, encourages artistic expression, supports local businesses, and offers a diverse range of activities for the enjoyment of its region's people.
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Impact
July, 2024
Champlain Valley Exposition Inc plays a significant role in promoting agriculture, education, arts, culture, commerce, and entertainment activities in Vermont and the surrounding region. Through its flagship 10-day agricultural and horticultural fair, as well as the organization of around 80 off-season events like horse shows, festivals, and craft shows, the organization creates opportunities for the community to engage with various aspects of these industries. These events not only provide a platform for showcasing talent and products but also generate revenue streams that support the local economy. Overall, Champlain Valley Exposition Inc's impact is diverse and far-reaching, contributing to the cultural and economic vibrancy of the region.
This information is meant to be a general summary of Champlain Valley Exposition Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $56,209
- Program Service Revenue: $4,100,072
- Gross Receipts: $5,678,748
Assets and Liabilities:
- Total Assets: $7,506,780
- Total Liabilities: $1,105,411
- Net Assets: $6,401,369
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FAIR ADMISSIONS
Revenue
$1,505,189
GRANDSTAND ADMISSIONS
Revenue
$1,161,193
COMMISSIONS AND CONCESSIONS
Revenue
$656,365
VARIOUS RENTAL
Revenue
$555,293
SPONSORSHIPS
Revenue
$203,820
Organization Details
Founding Year
1922
Phone
(802) 878-5545Principal Officer
Timothy Shea
Main Address
PO BOX 209 105 PEARL ST, ESSEX JCT, VT, 05453
Website
www.cvexpo.orgNTEE Category
Code: N520 - Recreation
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