Mississippi Valley Fair Inc

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

EIN: 420418940 ✦ Davenport, IA ✦ Designated as a 501(c)(5)

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Overview

What is Mississippi Valley Fair Inc?

Mississippi Valley Fair Inc, based in Davenport, Iowa, is a nonprofit organization with a mission to organize an annual agricultural fair in Scott County. This event attracts approximately 300,000 attendees each year. Beyond the fair, the organization offers facilities for various events throughout the year. With a dedicated workforce of 216 individuals, Mississippi Valley Fair Inc contributes to the local community by providing a vibrant platform for entertainment, education, and agricultural activities.


Official website here: www.mvfair.com

Is Mississippi Valley Fair Inc legitimate?

Mississippi Valley Fair Inc is a legitimate nonprofit organization registered as a 501(c)(5) entity. Mississippi Valley 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: $384,040
Professional Fundraising Fees: $0
Other Salaries and Wages: $680,760

For more financial information, click here


Official website here: www.mvfair.com

What is the mission statement of Mississippi Valley Fair Inc?

Mississippi Valley Fair Inc's mission is centered around operating an annual fair and providing facilities for various events throughout the year. This organization annually hosts an agricultural fair, attracting approximately 300,000 attendees from different backgrounds. By offering this event, Mississippi Valley Fair Inc contributes to the community, providing an opportunity for entertainment, education, and interaction. The organization's activities extend beyond the annual fair, offering facilities for other events throughout the year, thereby catering to the diverse needs of the community.


Official website here: www.mvfair.com

What is the revenue of Mississippi Valley Fair Inc?

Mississippi Valley Fair Inc's revenue in 2024 was $5,389,957.


Official website here: www.mvfair.com

Who are the executives of Mississippi Valley Fair Inc and what are their salaries?

The average compensation at Mississippi Valley Fair Inc during 2024 was $4,080. There are 261 employees and 200 volunteers at Mississippi Valley Fair Inc.

Here are 17 key members and their salaries:


James Berger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Lafrenz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Friederichs (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Bernick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Classon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Claussen (2Nd Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Coussens (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trevor Fennelly (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Denise Hollonbeck (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karla Larson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelley Moses (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Paustian (1St Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roger Schemmel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amber Gripple (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carter Hagen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Schocker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawn Loter (General Manager)
  • Compensation: $151,388
  • Related: $0
  • Other: $7,147


Official website here: www.mvfair.com

Where can I find the form 990 for Mississippi Valley Fair Inc?

Mississippi Valley Fair Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.mvfair.com

Learn more at the official website: www.mvfair.com

Mission Statement of Mississippi Valley Fair Inc

Mississippi Valley Fair Inc, as per its mission, is committed to organizing an annual fair and making facilities available for various events throughout the year. This nonprofit entity serves as a platform that attracts approximately 300,000 attendees annually, providing a venue for agricultural activities. By hosting this fair, Mississippi Valley Fair Inc contributes to the community's enjoyment and education, offering a unique experience that celebrates the region's culture and traditions.

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Impact




October, 2024

Mississippi Valley Fair Inc significantly impacts the local community by organizing the annual agricultural fair in Scott County, drawing approximately 300,000 attendees each year. This event not only celebrates agriculture and local culture but also fosters community engagement and strengthens local economies through tourism and hospitality. Beyond the fair, the organization provides versatile facilities for various events throughout the year, promoting recreational activities and community gatherings. This ongoing commitment enhances the quality of life for residents, supports local vendors, and creates memorable experiences for families and individuals in the Davenport area.




This information is meant to be a general summary of Mississippi Valley 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.

Revenue
$5,389,957 (2024)
Expenses
$5,673,236 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $338,714
  • Program Service Revenue: $2,681,224
  • Gross Receipts: $5,963,904

Assets and Liabilities:

  • Total Assets: $15,203,975
  • Total Liabilities: $375,357
  • Net Assets: $14,828,618

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ENTRY FEES/FUN CARDS

Revenue

$1,616,674

RENTAL/PARKING

Revenue

$359,629

CONCESSION SPACE RENTAL

Revenue

$304,542

OTHER REVENUE

Revenue

$252,873

CARNIVAL

Revenue

$139,947

Organization Details

Founding Year

1954

Principal Officer

Roger Friederichs

NTEE Category

Code: N52 - Recreation

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