Overview
What is Fair & Exposition Society Of Jones Co?
The Fair & Exposition Society of Jones Co is a nonprofit organization based in Monticello, Iowa. Their primary mission is to organize and oversee the annual Great Jones County Fair, which attracts approximately 100,000 attendees and participants. This event serves as a significant gathering for the local community, providing an opportunity for entertainment, participation, and social interaction. The society, with a workforce of 225 individuals, is dedicated to making this annual event a success. The Fair & Exposition Society is also known as the Great Jones County Fair & Food, emphasizing its focus on both the fair itself and the food-related aspects.
Official website here: www.greatjonescountyfair.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
The Fair & Exposition Society Of Jones Co has received a rating of "Needs Improvement" with a score of 69% from Charity Navigator. While the organization demonstrates strong governance practices, such as having a majority of independent board members and maintaining solid ratios relating to liabilities and program expenses, there are significant concerns regarding financial transparency and accountability. The organization received zero points in critical areas like financial statements and conflict of interest policies, which raises questions about its financial management.
Strengths of the Fair & Exposition Society include a solid board structure and compliance with certain governance standards. The organization has effectively established policies for whistleblowing and document retention but has not implemented these practices as indicated by their low scores. This suggests a need for improvement in organizational protocols to enhance overall accountability and transparency.
Despite its strengths, the Fair & Exposition Society Of Jones Co shows notable limitations in financial reporting and accountability practices. Addressing these weaknesses is essential for building trust with stakeholders and ensuring long-term sustainability. The organization should focus on improving its financial documentation and governance policies to enhance its overall performance and rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Fair & Exposition Society Of Jones Co legitimate?
Fair & Exposition Society Of Jones Co is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fair & Exposition Society Of Jones Co 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: $54,958
Professional Fundraising Fees: $0
Other Salaries and Wages: $110,357
For more financial information, click here
Official website here: www.greatjonescountyfair.com
What is the mission statement of Fair & Exposition Society Of Jones Co?
The Fair & Exposition Society of Jones Co's primary mission is centered around organizing and facilitating an annual event. Specifically, they are responsible for the organization and conduct of the Great Jones County Fair, which attracts and engages approximately 100,000 individuals annually. This society's role in Monticello, IA, serves to bring people together through this annual fair event.
Official website here: www.greatjonescountyfair.com
Who is the CEO of Fair & Exposition Society Of Jones Co?
Doug Monck is the President of Fair & Exposition Society Of Jones Co.
Official website here: www.greatjonescountyfair.com
What is the revenue of Fair & Exposition Society Of Jones Co?
Fair & Exposition Society Of Jones Co's revenue in 2022 was $2,707,529.
Official website here: www.greatjonescountyfair.com
Who are the executives of Fair & Exposition Society Of Jones Co and what are their salaries?
The average compensation at Fair & Exposition Society Of Jones Co during 2022 was $735. There are 225 employees and 25 volunteers at Fair & Exposition Society Of Jones Co.
Here are 26 key members and their salaries:
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Official website here: www.greatjonescountyfair.com
Where can I find the form 990 for Fair & Exposition Society Of Jones Co?
Fair & Exposition Society Of Jones Co's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.greatjonescountyfair.com
Learn more at the official website: www.greatjonescountyfair.com
Mission Statement of Fair & Exposition Society Of Jones Co
The Fair & Exposition Society of Jones Co is primarily dedicated to overseeing and orchestrating the annual Great Jones County Fair in Monticello, Iowa. This event attracts and engages approximately 100,000 individuals, making it a significant community gathering. The primary mission of this organization is to ensure the successful execution of this annual fair, serving as a platform for entertainment and participation for a vast number of people.
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Impact
July, 2024
The impact of the Fair & Exposition Society Of Jones Co lies in its annual organization and execution of the Great Jones County Fair in Monticello, IA. Approximately 100,000 people attend and participate in this event, making it a significant cultural and recreational attraction for the local community and beyond. The fair provides a platform for entertainment, education, and community engagement, fostering social cohesion and economic activity in the region. Through its activities, the Fair & Exposition Society contributes to the vibrancy and vitality of Jones County, leaving a lasting impression on attendees and participants alike.
This information is meant to be a general summary of Fair & Exposition Society Of Jones Co. 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: $9,541
- Program Service Revenue: $2,668,425
- Gross Receipts: $2,707,529
Assets and Liabilities:
- Total Assets: $6,068,792
- Total Liabilities: $1,147
- Net Assets: $6,067,645
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ADMISSION & FAIR REV
Revenue
$2,668,425
Organization Details
Founding Year
1986
Principal Officer
Doug Monck
Main Address
PO BOX 150, MONTICELLO, IA, 52310
Website
www.greatjonescountyfair.comNTEE Category
Code: N52 - Recreation
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