Overview
What is State Fair Of West Virginia?
The State Fair of West Virginia, located in Lewisburg, serves as a county fair with a significant purpose. Their mission revolves around promoting agricultural enterprise and education, thereby fostering growth in this sector. This nonprofit organization actively works towards agricultural promotion and education, contributing positively to the community.
Official website here: www.statefairofwv.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating
The State Fair of West Virginia has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization scores well in various governance aspects, such as having a fully independent board and no material diversion of assets, which demonstrates strong oversight and integrity.
However, the charity faces challenges in certain areas of governance as it lacks essential policies like a whistleblower policy and a document retention policy, which are critical for transparency and risk management. The high program expense ratio indicates that a significant portion of the organization's funds is directed towards its programs, which is a positive sign of its commitment to fulfilling its mission.
Overall, while the State Fair of West Virginia shows strengths in independent governance and financial metrics, the absence of some key policies suggests there is room for improvement in enhancing its accountability practices.
This AI summary has been generated from information found on Charity Navigator.
Is State Fair Of West Virginia legitimate?
State Fair Of West Virginia is a legitimate nonprofit organization registered as a 501(c)(3) entity. State Fair Of West Virginia 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: $85,595
Professional Fundraising Fees: $0
Other Salaries and Wages: $583,716
For more financial information, click here
Official website here: www.statefairofwv.com
What is the mission statement of State Fair Of West Virginia?
The State Fair of West Virginia, as a county fair located elsewhere, is dedicated to the mission of promoting agricultural enterprise and education. Its purpose is to foster the growth and understanding of agricultural activities, serving as a platform for both education and enterprise in this field. By doing so, it contributes to the overall development and awareness of agriculture, thereby benefiting the community at large.
Official website here: www.statefairofwv.com
Who is the CEO of State Fair Of West Virginia?
Kelly Collins is the Chairman of State Fair Of West Virginia. The CEO's salary of State Fair Of West Virginia is $71,872 and their total compensation is $85,391.
Official website here: www.statefairofwv.com
What is the revenue of State Fair Of West Virginia?
State Fair Of West Virginia's revenue in 2022 was $6,147,107.
Official website here: www.statefairofwv.com
Who are the executives of State Fair Of West Virginia and what are their salaries?
The average compensation at State Fair Of West Virginia during 2022 was $3,157. There are 212 employees and 35 volunteers at State Fair Of West Virginia.
Here are 12 key members and their salaries (State Fair Of West Virginia's CEO's salary is $71,872 and their total compensation is $85,391):
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- Compensation: $71,872
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- Other: $13,519
Official website here: www.statefairofwv.com
Where can I find the form 990 for State Fair Of West Virginia?
State Fair Of West Virginia's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.statefairofwv.com
Learn more at the official website: www.statefairofwv.com
Mission Statement of State Fair Of West Virginia
The State Fair of West Virginia, as a county fair, is dedicated to serving a noble purpose. Its mission revolves around promoting agricultural enterprise and education. In essence, this nonprofit organization strives to foster an environment that encourages the growth and advancement of agriculture-related ventures. Additionally, the State Fair of West Virginia is committed to educating the public about the significance of agriculture, thereby nurturing a deeper understanding and appreciation for this vital sector.
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Impact
July, 2024
The State Fair of West Virginia plays a significant role in promoting agricultural enterprise and education in the Lewisburg area. Its impact can be seen in various ways, such as supporting local farmers and businesses, educating the community about agriculture, and providing a platform for showcasing agricultural products and innovation. Additionally, the fair contributes to the local economy by attracting visitors and creating opportunities for vendors and exhibitors to connect with potential customers. Overall, the State Fair of West Virginia helps to foster a sense of community and appreciation for agriculture in the region.
This information is meant to be a general summary of State Fair Of West Virginia. 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: $473
- Program Service Revenue: $4,492,024
- Gross Receipts: $6,147,107
Assets and Liabilities:
- Total Assets: $7,745,539
- Total Liabilities: $1,162,978
- Net Assets: $6,582,561
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TICKET SALES
Revenue
$2,071,405
CONCESSIONS
Revenue
$978,960
CARNIVAL
Revenue
$686,973
GROUNDS
Revenue
$372,090
FEES, PARKING, ETC.
Revenue
$293,946
Organization Details
Founding Year
1921
Phone
(304) 645-1090Principal Officer
Kelly Collins
Main Address
P O DRAWER 986, LEWISBURG, WV, 24901
Website
www.statefairofwv.comNTEE Category
Code: K99 - Food
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