Overview
What is Columbia County Resources Inc?
Columbia County Resources Inc, based in Lake City, Florida, serves as the driving force behind the annual fair of Columbia County. This nonprofit organization's primary mission is to foster agriculture education, industry growth, recreational activities, and promote general interests within the community. To achieve this purpose, they organize and conduct the annual fair, providing a platform for various sectors to showcase their offerings and engage with the local population. With a team of 12 dedicated individuals, they play a significant role in enriching the cultural landscape of Columbia County.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 65%, Two-Star out of Four Star rating.
Columbia County Resources Inc has received a Two-Star rating from Charity Navigator, reflecting a score of 65% which is based solely on its Accountability & Finance metrics. The organization demonstrates strong governance elements, such as having a fully independent board and no material diversion of assets. Additionally, its liabilities to assets ratio is commendable, indicating a solid financial standing.
However, significant shortcomings are noted in the areas of transparency and documentation. The organization has failed to provide financial statements, maintain a conflict of interest policy, or have a whistleblower policy in place. Furthermore, it does not publish essential documents like board meeting minutes or its tax forms on its website, which raises concerns about accountability.
Overall, while Columbia County Resources Inc showcases effective financial management and governance, its lack of transparency and missing policies limit its overall rating. Potential supporters may want to consider these factors when evaluating their involvement with the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Columbia County Resources Inc legitimate?
Columbia County Resources Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Columbia County Resources 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: $163,301
For more financial information, click here
What is the mission statement of Columbia County Resources Inc?
Columbia County Resources Inc's primary role is to organize and execute an annual fair, serving Columbia County, Florida. The purpose of this event is multifaceted, aiming to foster agriculture education, promote industry growth, encourage recreation, and support various general interest activities within the community. The annual fair, therefore, serves as a platform for the development and celebration of these diverse aspects of Columbia County's community life.
Who is the CEO of Columbia County Resources Inc?
Stephen Bailey is the Vice President of Columbia County Resources Inc.
What is the revenue of Columbia County Resources Inc?
Columbia County Resources Inc's revenue in 2022 was $593,717.
Who are the executives of Columbia County Resources Inc and what are their salaries?
The average compensation at Columbia County Resources Inc during 2022 was $13,608. There are 12 employees and 125 volunteers at Columbia County Resources Inc.
Here are 8 key members and their salaries:
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Where can I find the form 990 for Columbia County Resources Inc?
Columbia County Resources Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Columbia County Resources Inc
Columbia County Resources Inc, as an organization, is dedicated to planning and executing the annual fair in Columbia County, Florida. This event serves multiple purposes, acting as a platform to promote the growth and education of agriculture, stimulate industry development, and cultivate recreational and general interest activities within the community. By orchestrating this annual fair, Columbia County Resources Inc contributes to the overall development and enrichment of the local community.
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Impact
July, 2024
Columbia County Resources Inc's impact lies in promoting and supporting the development of agriculture education, industry, recreation, and other general interest activities in Columbia County, FL through the planning and execution of the annual fair. This organization plays a crucial role in fostering community engagement, economic growth, and educational opportunities within the county. Additionally, by organizing the fair, Columbia County Resources Inc contributes to the preservation and celebration of the region's cultural heritage and traditions.
This information is meant to be a general summary of Columbia County Resources 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: $939
- Program Service Revenue: $592,778
- Gross Receipts: $593,717
Assets and Liabilities:
- Total Assets: $1,697,275
- Total Liabilities: $7,544
- Net Assets: $1,689,731
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSIONS, BOOTH, ETC
Revenue
$410,750
GROUNDS/TOWER RENTAL
Revenue
$140,510
LIV'STK AUCTION & PREMIUM
Revenue
$24,868
OTHER RELATED INCOME
Revenue
$25,690
RODEO INCOME, NET
Revenue
$1,032
Organization Details
Founding Year
1962
Phone
(386) 752-8822Principal Officer
Stephen Bailey
Main Address
164 SW MARY ETHEL LN, LAKE CITY, FL, 32025
NTEE Category
Code: N520 - Recreation
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