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Capital Lakefair Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237131672 ✦ Olympia, WA ✦ Designated as a 501(c)(3)

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Overview

What is Capital Lakefair Inc?

Capital Lakefair Inc, based in Olympia, Washington, is a nonprofit organization that annually hosts a summer festival at Capitol Lake. Their primary mission is to foster and maintain positive business relationships between communities and organizations within the South Sound region of Puget Sound. Acting as a professional goodwill ambassador, they contribute to this cause both during their annual festival celebration and throughout the year. Additionally, Capital Lakefair Inc supports various community non-profit organizations in the greater Olympia area, serving as a bridge between different organizations and communities.


Official website here: www.lakefair.org

Is Capital Lakefair Inc legitimate?

Capital Lakefair Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Capital Lakefair 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.lakefair.org

What is the mission statement of Capital Lakefair Inc?

Capital Lakefair Inc's mission is to foster and maintain positive business relationships year-round between various communities and organizations within the South Sound region of Puget Sound. They act as a professional goodwill ambassador, promoting unity and collaboration both during their annual summer festival at Capitol Lake and throughout the year. Additionally, Capital Lakefair Inc supports local non-profit organizations, serving as a representative for the greater Olympia area, fostering a sense of unity and camaraderie in the community.


Official website here: www.lakefair.org

Who is the CEO of Capital Lakefair Inc?

Karen Adams-Griggs is the President of Capital Lakefair Inc.


Official website here: www.lakefair.org

What is the revenue of Capital Lakefair Inc?

Capital Lakefair Inc's revenue in 2022 was $359,461.


Official website here: www.lakefair.org

Who are the executives of Capital Lakefair Inc and what are their salaries?


Here are 4 key members and their salaries:


Christine Mcnamara (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Adams-Griggs (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stacy Sharp (1St Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rd Richards (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lakefair.org

Where can I find the form 990 for Capital Lakefair Inc?

Capital Lakefair Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lakefair.org

Learn more at the official website: www.lakefair.org

Mission Statement of Capital Lakefair Inc

Capital Lakefair Inc, a not-for-profit organization, is dedicated to fostering and sustaining positive relationships between various communities and organizations within the South Sound region of Puget Sound. This mission is twofold: firstly, it aims to act as a professional goodwill ambassador throughout the year, and secondly, it showcases this role during the Capital Lakefair Festival celebration. The organization achieves this by hosting an annual summer festival at Capitol Lake and by supporting local non-profit organizations. Capital Lakefair Inc serves as a bridge between different entities, promoting a harmonious and cooperative environment throughout the community.

In addition to its role during the festival, Capital Lakefair Inc acts as a year-round advocate for the greater Olympia area. By supporting community non-profit organizations, it strengthens the network of charitable organizations within the region. This proactive approach to community involvement helps to maintain positive relationships between various organizations, ultimately benefiting the community as a whole. By taking on the role of a professional goodwill ambassador, Capital Lakefair Inc is able to make a lasting impact on the South Sound region of Puget Sound.

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Impact




October, 2024

Capital Lakefair Inc plays a vital role in fostering community connections and promoting goodwill throughout the South Sound region of Puget Sound. By hosting an annual summer festival at Capitol Lake, the organization brings together residents and local businesses, enhancing camaraderie and collaboration. This event not only showcases the cultural vibrancy of the greater Olympia area but also provides a platform for community nonprofit organizations to gain visibility and support.

Year-round, Capital Lakefair Inc acts as a goodwill ambassador, facilitating positive business relationships among communities and organizations. This ongoing commitment helps strengthen the social fabric of the region, encouraging cooperation and mutual support. Through these efforts, Capital Lakefair Inc contributes significantly to the development of a cohesive and engaged community, while also highlighting the importance of local partnerships and initiatives.




This information is meant to be a general summary of Capital Lakefair 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.

Revenue
$359,461 (2022)
Expenses
$210,377 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $21
  • Gross Receipts: $359,461

Assets and Liabilities:

  • Total Assets: $216,603
  • Total Liabilities: $0
  • Net Assets: $216,603

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Organization Details

Founding Year

1957

Principal Officer

Karen Adams-Griggs

Main Address

PO BOX 2569, OLYMPIA, WA, 98507

NTEE Category

Code: B82 - Education

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