Overview
What is Southeast Alaska State Fair Inc?
Southeast Alaska State Fair Inc, based in Haines, Alaska, is a nonprofit organization with a mission to enrich the community. They accomplish this by hosting celebrations that showcase heritage, creativity, and social exchange. One of their primary events is the Great Alaska Craft Beer & Home Brew Festival, attracting beer enthusiasts from across North America. This event features brews from over 25 regional breweries, cideries, and distributors. Beyond the annual fair, the organization also provides year-round community facilities and activities, ensuring the fairgrounds are utilized for various events and educational pursuits. With a team of 11 dedicated individuals, Southeast Alaska State Fair Inc plays an essential role in promoting the economic, cultural, and creative well-being of Haines and the surrounding region.
Official website here: www.seakfair.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 70%, Two-Star out of Four Star Rating
Southeast Alaska State Fair Inc has received a Two-Star rating from Charity Navigator, reflecting an overall score of 70%. This rating is primarily based on the organization’s Accountability & Finance metrics, signifying that while there are some strong aspects in these categories, there are also notable areas requiring improvement.
The organization excels in several accountability measures, including having a fully independent board and no material diversion of assets. It has also demonstrated transparency by listing its website on its tax form and maintaining a conflict of interest policy. However, there are significant gaps, such as the absence of a whistleblower policy and document retention policy, which are critical for ensuring accountability and ethical management.
Financially, while the organization maintains a low liabilities-to-assets ratio, indicating solid financial health, its program expense ratio of 59.78% suggests room for improvement in allocating funds toward direct programming versus administrative costs. Addressing these shortcomings could enhance the organization's rating and overall effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Southeast Alaska State Fair Inc legitimate?
Southeast Alaska State Fair Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southeast Alaska State Fair 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: $48,586
Professional Fundraising Fees: $0
Other Salaries and Wages: $96,756
For more financial information, click here
Official website here: www.seakfair.org
What is the mission statement of Southeast Alaska State Fair Inc?
The mission of Southeast Alaska State Fair Inc, in essence, is to enrich the community by organizing events that celebrate heritage, creativity, and social interaction. They do this by hosting a regional fair and planning and executing other events that contribute to the economic, cultural, and creative vitality of the community. Moreover, they encourage the year-round utilization of the fairgrounds for educational and active pursuits, aiming to enhance the overall well-being of the community.
Official website here: www.seakfair.org
Who is the CEO of Southeast Alaska State Fair Inc?
Amanda Stossel is the Executive Director of Southeast Alaska State Fair Inc.
Official website here: www.seakfair.org
What is the revenue of Southeast Alaska State Fair Inc?
Southeast Alaska State Fair Inc's revenue in 2022 was $466,661.
Official website here: www.seakfair.org
Who are the executives of Southeast Alaska State Fair Inc and what are their salaries?
The average compensation at Southeast Alaska State Fair Inc during 2022 was $13,213. There are 11 employees and 25 volunteers at Southeast Alaska State Fair Inc.
Here are 8 key members and their salaries:
- Compensation: $47,129
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.seakfair.org
Where can I find the form 990 for Southeast Alaska State Fair Inc?
Southeast Alaska State Fair Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.seakfair.org
Learn more at the official website: www.seakfair.org
Mission Statement of Southeast Alaska State Fair Inc
Southeast Alaska State Fair Inc, as a nonprofit organization, enriches its community by hosting celebrations of heritage, creativity, and social exchange. The mission of this entity is to provide a platform for the annual Southeast Alaska State Fair and other events that contribute to the economic, cultural, and creative well-being of the region. The organization encourages year-round use of its fairgrounds for educational and active pursuits, aiming to foster a sense of unity and shared experiences among the community members. By hosting these events, Southeast Alaska State Fair Inc plays a significant role in promoting cultural exchange, celebrating local traditions, and stimulating creative and economic growth within the community.
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Impact
July, 2024
The Southeast Alaska State Fair Inc's impact is significant in enriching the community of Haines and the region by hosting celebrations of heritage, creativity, and social exchange. This organization provides year-round community facilities, activities, and maintains the fairgrounds for the Southeast Alaska State Fair and other community events. One of their notable events, the Great Alaska Craft Beer & Home Brew Festival, showcases beers from all over Alaska and the Yukon, drawing a crowd from all over North America. With over 25 regional breweries, cideries, and distributors participating, the festival not only promotes local craft beverages but also fosters a sense of community and camaraderie among like-minded enthusiasts. Through their mission to enhance economic, cultural, and creative well-being, the Southeast Alaska State Fair Inc plays a vital role in encouraging year-round use of the fairgrounds for educational and active pursuits, further contributing to the overall quality of life in the region.
This information is meant to be a general summary of Southeast Alaska State Fair 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.
- Program Service Revenue: $257,807
- Gross Receipts: $476,685
Assets and Liabilities:
- Total Assets: $1,560,629
- Total Liabilities: $10,855
- Net Assets: $1,549,774
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Southeast Alaska State Fair
Revenue
$161,197
Great Alaska Craft Beer and Homebrew Festival
Revenue
$84,547
Fisherman's Barbeque
Revenue
$7,078
Spring Fling
Revenue
$2,796
Farmer's Market
Revenue
$1,085
Organization Details
Founding Year
1969
Phone
(907) 766-2476Principal Officer
Amanda Stossel
Main Address
PO Box 385, Haines, AK, 99827
Website
www.seakfair.orgNTEE Category
Code: N520 - Recreation
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