Phelps County Agricultural Society

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

EIN: 470547558 ✦ Holdrege, NE ✦ Designated as a 501(c)(5)

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Overview

What is Phelps County Agricultural Society?

The Phelps County Agricultural Society is a nonprofit organization situated in an unspecified location. Their primary mission revolves around hosting an annual fair and offering room rentals to the public. This annual event serves as a gathering point for the community, while the room rentals provide a venue for various public organizations. The organization's activities contribute to fostering a sense of community and providing spaces for various events.

Is Phelps County Agricultural Society legitimate?

Phelps County Agricultural Society is a legitimate nonprofit organization registered as a 501(c)(5) entity. Phelps County Agricultural Society 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: $5,907
Professional Fundraising Fees: $0
Other Salaries and Wages: $75,648

For more financial information, click here

What is the mission statement of Phelps County Agricultural Society?

The Phelps County Agricultural Society's mission is centered around two main activities. Annually, they organize a county fair. Beyond this, they also offer the rental of their facilities to various public organizations. This dual purpose serves to bring community engagement and provide a space for public gatherings.

Who is the CEO of Phelps County Agricultural Society?

Clark Nelson is the President of Phelps County Agricultural Society.

What is the revenue of Phelps County Agricultural Society?

Phelps County Agricultural Society's revenue in 2023 was $169,276.

Who are the executives of Phelps County Agricultural Society and what are their salaries?

The average compensation at Phelps County Agricultural Society during 2023 was $4,531. There are 18 employees and 275 volunteers at Phelps County Agricultural Society.


Here are 13 key members and their salaries:


Clark Nelson (President)
  • Compensation: $990
  • Related: $0
  • Other: $0
Richard Waller (Treasuer)
  • Compensation: $787
  • Related: $0
  • Other: $0
Becky Harris (Secretary)
  • Compensation: $374
  • Related: $0
  • Other: $0
Joe Larson (Vice President)
  • Compensation: $407
  • Related: $0
  • Other: $0
Kyle Edgren (Board Member)
  • Compensation: $385
  • Related: $0
  • Other: $0
Tyler Freeland (Board Member)
  • Compensation: $401
  • Related: $0
  • Other: $0
Rick Green (Board Member)
  • Compensation: $401
  • Related: $0
  • Other: $0
Lyle Kinnaman (Board Member)
  • Compensation: $385
  • Related: $0
  • Other: $0
Chad Jacobson (Board Member)
  • Compensation: $369
  • Related: $0
  • Other: $0
Daniel Taylor (Board Member)
  • Compensation: $368
  • Related: $0
  • Other: $0
Michael Scholz (Board Member)
  • Compensation: $352
  • Related: $0
  • Other: $0
Perry Anderson (Board Member)
  • Compensation: $352
  • Related: $0
  • Other: $0
Kim Ford (Board Member)
  • Compensation: $336
  • Related: $0
  • Other: $0
Where can I find the form 990 for Phelps County Agricultural Society?

Phelps County Agricultural Society's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Phelps County Agricultural Society

The Phelps County Agricultural Society, as outlined in its mission, focuses on two primary activities. Firstly, it organizes an annual fair, serving as a significant community event. Secondly, the organization offers the rental of its facilities to various public organizations. By hosting the annual fair, the society fosters a sense of community and provides an opportunity for local organizations to showcase their projects and initiatives. Similarly, by renting out its rooms, the Phelps County Agricultural Society supports the activities of various public organizations, thereby contributing to the broader community. This dual role of the organization, combining a traditional fair and community facility rental, serves to engage and support the local community.

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Impact




October, 2024

Phelps County Agricultural Society significantly contributes to the community through its annual fair and public room rentals in Holdrege, NE. The fair serves as a vibrant gathering point, showcasing local agriculture, culture, and entertainment while fostering community spirit and engagement. By providing a platform for local farmers and businesses, it encourages economic growth and supports the agricultural heritage of the region. Additionally, the rental of rooms for public organizations facilitates events and gatherings, promoting collaboration and connectivity within the community. Overall, the Phelps County Agricultural Society plays a crucial role in enhancing the social, cultural, and economic landscape of Phelps County.




This information is meant to be a general summary of Phelps County Agricultural Society. 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
$169,276 (2023)
Expenses
$180,570 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $797
  • Gross Receipts: $304,396

Assets and Liabilities:

  • Total Assets: $561,210
  • Total Liabilities: $180,570
  • Net Assets: $380,640

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Organization Details

Founding Year

1932

Principal Officer

Clark Nelson

Main Address

1308 2ND ST, HOLDREGE, NE, 68949

NTEE Category

Code: K20 - Food

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