Overview
What is Vermilion County Fair & Exposition?
The Vermilion County Fair & Exposition, located in Danville, Illinois, is a county-centric event dedicated to annual celebrations. Its primary objective is to organize and execute an annual county fair, offering a platform for local community engagement and entertainment. This fair not only serves as a traditional gathering but also contributes to fostering a sense of unity and camaraderie within the region.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73% (Two-Star out of Four Star rating)
The Vermilion County Fair & Exposition has received a 73% rating from Charity Navigator, indicating a fair performance in the areas of accountability and finance. The organization scores well on several metrics, including having an entirely independent board and a solid program expense ratio of 76.83%. This suggests that a majority of their funds are directed towards their stated mission, which is a positive indication of their operational focus.
However, the nonprofit faces significant challenges in terms of transparency and governance. Notably, it lacks essential policies like a conflict of interest policy, a whistleblower policy, and a document retention policy, which raises concerns about its governance practices. Additionally, their website is missing critical information, such as the tax form, which could hinder public accountability.
Overall, while the Vermilion County Fair & Exposition demonstrates strengths in board independence and financial management, it must address its governance shortcomings to enhance its credibility and operational effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Vermilion County Fair & Exposition legitimate?
Vermilion County Fair & Exposition is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vermilion County Fair & Exposition 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: $6,476
For more financial information, click here
What is the mission statement of Vermilion County Fair & Exposition?
The Vermilion County Fair & Exposition, located in an unspecified location, has a mission to organize an annual county fair. This mission involves providing an annual event that caters to the community, with the aim of bringing people together and creating a festive atmosphere. The fair serves as a platform for various activities, promoting a sense of unity and community spirit. The organization's primary focus is on conducting this annual event successfully, ensuring it becomes a cherished tradition for the community.
Who is the CEO of Vermilion County Fair & Exposition?
Justin Richison is the President of Vermilion County Fair & Exposition.
What is the revenue of Vermilion County Fair & Exposition?
Vermilion County Fair & Exposition's revenue in 2023 was $189,444.
Who are the executives of Vermilion County Fair & Exposition and what are their salaries?
The average compensation at Vermilion County Fair & Exposition during 2023 was $720. There are 9 employees at Vermilion County Fair & Exposition.
Here are 6 key members and their salaries:
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Where can I find the form 990 for Vermilion County Fair & Exposition?
Vermilion County Fair & Exposition's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Vermilion County Fair & Exposition
The Vermilion County Fair & Exposition, as a nonprofit organization, is committed to carrying out an annual county fair. This mission serves as the backbone of its activities, with the primary objective being to organize and conduct an annual fair. This event provides a platform for the community to come together, engage in various activities, and celebrate their shared cultural heritage. The fair is a significant event in the community's calendar, offering an opportunity for entertainment, education, and interaction. The Vermilion County Fair & Exposition plays a vital role in fostering a sense of unity and community spirit through its annual fair.
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Impact
October, 2024
The Vermilion County Fair & Exposition plays a vital role in fostering community engagement and promoting local culture in Danville, IL. By conducting an annual county fair, it brings together residents and visitors to celebrate local agriculture, crafts, and entertainment, creating a vibrant atmosphere of camaraderie and pride.
The fair serves as a platform for youth development, offering young people opportunities to showcase their talents and hard work through exhibits, competitions, and educational programs. This not only helps empower youth but also strengthens family and community bonds as families participate together in various activities.
Additionally, the Vermilion County Fair & Exposition supports local businesses by providing them a venue to reach potential customers. This contributes to the economic vitality of the region, while also promoting local products, food vendors, and artisans.
Overall, the impact of the Vermilion County Fair & Exposition extends beyond just a series of events; it enriches the community's social fabric and enhances the quality of life for its residents.
This information is meant to be a general summary of Vermilion County Fair & Exposition. 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 2023.
- Program Service Revenue: $173,785
- Gross Receipts: $189,444
Assets and Liabilities:
- Total Assets: $102,512
- Total Liabilities: $0
- Net Assets: $102,512
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FAIR INCOME
Revenue
$155,940
STORAGE & OTHER
Revenue
$17,845
Organization Details
Phone
(815) 984-3621Principal Officer
Justin Richison
Main Address
PO BOX 112, DANVILLE, IL, 61832
NTEE Category
Code: O52 - Youth development
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