Overview
What is Dakota County Agricultural Society Inc?
Dakota County Agricultural Society Inc, located in Farmington, Minnesota, is a nonprofit organization with a strong dedication to agriculture. Their primary mission is to promote education, entertainment, and achievement in the agricultural sector, engaging people of all ages through informational and educational programs. The society annually hosts the Dakota County Fair, attracting numerous local residents with a variety of agricultural exhibits. With a workforce of 283 individuals, they strive to provide an engaging platform for exhibitors to showcase their skills and knowledge in the agricultural business.
Official website here: www.dakotacountyfair.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Dakota County Agricultural Society Inc received a Two-Star out of Four Star rating from Charity Navigator with an overall score of 69%. While the organization scored exceptionally well in accountability and finance, achieving a perfect score in categories such as independent board members and liabilities to assets ratio, it fell short in several critical transparency and policy areas, such as financial statements and conflict of interest policy.
The organization demonstrates strong governance with all board members being independent, which contributes positively to its accountability metrics. Additionally, the program expense ratio is commendable, indicating that all funds are allocated toward its programs, reflecting a commitment to its mission.
However, significant issues were noted in transparency practices, as evidenced by the lack of financial statements and essential policies such as whistleblower and conflict of interest policies. This raises concerns about the organization's operational transparency and governance practices, which are crucial for building trust among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Dakota County Agricultural Society Inc legitimate?
Dakota County Agricultural Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dakota County Agricultural Society 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: $18,966
Professional Fundraising Fees: $0
Other Salaries and Wages: $269,105
For more financial information, click here
Official website here: www.dakotacountyfair.org
What is the mission statement of Dakota County Agricultural Society Inc?
The Dakota County Agricultural Society Inc, as outlined in its mission statement, is committed to promoting education, entertainment, and information in the realm of agriculture. By doing so, they aim to cater to the interests of individuals of all ages. The society achieves this goal through the annual fair, which offers a variety of educational, informational, and entertaining programs related to agriculture. Thousands of residents attend this event annually, benefiting from the exhibits presented by various agricultural businesses.
Official website here: www.dakotacountyfair.org
Who is the CEO of Dakota County Agricultural Society Inc?
Pete Storlie is the President of Dakota County Agricultural Society Inc.
Official website here: www.dakotacountyfair.org
What is the revenue of Dakota County Agricultural Society Inc?
Dakota County Agricultural Society Inc's revenue in 2022 was $1,300,502.
Official website here: www.dakotacountyfair.org
Who are the executives of Dakota County Agricultural Society Inc and what are their salaries?
The average compensation at Dakota County Agricultural Society Inc during 2022 was $1,018. There are 283 employees and 50 volunteers at Dakota County Agricultural Society Inc.
Here are 12 key members and their salaries:
- Compensation: $2,660
- Related: $0
- Other: $0
- Compensation: $2,410
- Related: $0
- Other: $0
- Compensation: $2,410
- Related: $0
- Other: $0
- Compensation: $2,350
- Related: $0
- Other: $0
- Compensation: $2,270
- Related: $0
- Other: $0
- Compensation: $2,230
- Related: $0
- Other: $0
- Compensation: $2,160
- Related: $0
- Other: $0
- Compensation: $1,850
- Related: $0
- Other: $0
- Compensation: $1,850
- Related: $0
- Other: $0
- Compensation: $1,650
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.dakotacountyfair.org
Where can I find the form 990 for Dakota County Agricultural Society Inc?
Dakota County Agricultural Society Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.dakotacountyfair.org
Learn more at the official website: www.dakotacountyfair.org
Mission Statement of Dakota County Agricultural Society Inc
Dakota County Agricultural Society Inc, a renowned organization, is dedicated to promoting education, entertainment, and the dissemination of information related to agriculture. Their mission is to foster achievements for individuals of all ages within this field. By organizing annual fairs, they provide a platform where exhibitors showcase their agricultural business, engaging thousands of local residents annually. These events offer a unique blend of entertainment, education, and informational programs, making Dakota County Agricultural Society Inc an invaluable resource for those interested in agriculture.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
Dakota County Agricultural Society Inc's impact is seen in its commitment to fostering education, entertainment, information, and achievement for people of all ages in agriculture. Through their annual Dakota County Fair, the organization provides a platform for exhibitors to present entertainment, informational, and educational programs in the agricultural business. This event attracts thousands of area residents annually, contributing to the promotion and celebration of agriculture in the community. The society's focus on agriculture aligns with its mission to provide meaningful experiences and opportunities for learning and engagement in this vital industry.
This information is meant to be a general summary of Dakota County Agricultural Society 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: $536
- Program Service Revenue: $948,669
- Gross Receipts: $1,446,948
Assets and Liabilities:
- Total Assets: $2,882,930
- Total Liabilities: $53,162
- Net Assets: $2,829,768
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DAKOTA COUNTY FAIR
Revenue
$948,669
Organization Details
Founding Year
1949
Phone
(651) 463-4908Principal Officer
Pete Storlie
Main Address
4008 220TH ST W, FARMINGTON, MN, 55024
Website
www.dakotacountyfair.orgNTEE Category
Code: K03 - Food
If you are a representative of Dakota County Agricultural Society Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.