Overview
What is Hopkins County Fair Inc?
Hopkins County Fair Inc is a nonprofit organization situated in Madisonville, Kentucky. With a team of seven dedicated individuals, their primary mission is to sponsor an annual agricultural and industrial fair. This event includes various activities such as beauty pageants, arena entertainment, and agricultural contests, aiming to celebrate and promote local agriculture and industry. Additionally, the organization operates the Ballard Convention Center, which serves to promote tourism and education within the community. The fair and the convention center provide opportunities for learning, entertainment, and community engagement.
Official website here: www.hopkinscountyfair.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 76%, Three-Star out of Four Star rating.
Hopkins County Fair Inc has achieved a score of 76%, reflecting a solid performance in Accountability & Finance. This rating is derived from a comprehensive evaluation of its governance practices and financial health, with a perfect score in several key areas such as the independence of its board members and the absence of material diversion of assets. The organization demonstrates a strong commitment to transparency with its tax documents accessible on its website.
However, there are notable gaps in the documentation of certain governance policies, specifically the absence of a conflict of interest policy, a whistleblower policy, and a document retention and destruction policy. These missing elements suggest areas for potential improvement in organizational practices. Despite these limitations, the organization maintains a commendable program expense ratio of 100%, indicating that all its resources are directed towards its mission-related activities.
This AI summary has been generated from information found on Charity Navigator.
Is Hopkins County Fair Inc legitimate?
Hopkins County Fair Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hopkins County 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: $39,542
Professional Fundraising Fees: $0
Other Salaries and Wages: $45,741
For more financial information, click here
Official website here: www.hopkinscountyfair.com
What is the mission statement of Hopkins County Fair Inc?
Hopkins County Fair Inc's mission is centered around sponsoring an annual agricultural and industrial fair and managing the Ballard Convention Center. Their primary objective is to stimulate tourism and education within the community. By organizing the annual fair, they include various activities such as beauty pageants, arena entertainment, and agricultural contests. Furthermore, they operate the Ballard Convention Center, serving as a platform to promote educational events and attract visitors to the area.
Official website here: www.hopkinscountyfair.com
Who is the CEO of Hopkins County Fair Inc?
Alan Lutz is the Executive Di of Hopkins County Fair Inc.
Official website here: www.hopkinscountyfair.com
What is the revenue of Hopkins County Fair Inc?
Hopkins County Fair Inc's revenue in 2022 was $561,097.
Official website here: www.hopkinscountyfair.com
Who are the executives of Hopkins County Fair Inc and what are their salaries?
The average compensation at Hopkins County Fair Inc during 2022 was $12,183. There are 7 employees and 50 volunteers at Hopkins County Fair Inc.
Here are 7 key members and their salaries:
- Compensation: $37,042
- Related: $0
- Other: $0
- Compensation: $2,500
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.hopkinscountyfair.com
Where can I find the form 990 for Hopkins County Fair Inc?
Hopkins County Fair Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hopkinscountyfair.com
Learn more at the official website: www.hopkinscountyfair.com
Mission Statement of Hopkins County Fair Inc
Hopkins County Fair Inc, a notable organization, is primarily focused on sponsoring an annual agricultural and industrial fair and managing the Ballard Convention Center to stimulate tourism and education within the community. This nonprofit organization's mission is multifaceted, encompassing the organization of an annual fair that includes beauty pageants, arena entertainment, and various agricultural contests. By doing so, Hopkins County Fair Inc aims to provide a platform for showcasing local talent, promoting agricultural practices, and fostering a sense of community spirit. Furthermore, the organization operates the Ballard Convention Center, which serves as a hub for events, conferences, and gatherings, thereby attracting visitors and promoting educational opportunities for the community.
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Impact
July, 2024
Hopkins County Fair Inc's impact can be seen through its annual agricultural and industrial fair and the operation of the Ballard Convention Center. By sponsoring events such as beauty pageants, arena entertainment, and agricultural contests, the organization promotes tourism, community engagement, and education in Madisonville, KY. The fair provides a platform for local farmers and businesses to showcase their products, encourages skill development in agricultural practices, and fosters a sense of community pride. Additionally, by operating the convention center, Hopkins County Fair Inc contributes to the economic growth of the area and provides a space for hosting various events that further benefit the community. Through its efforts, the organization plays a vital role in enhancing the quality of life and promoting recreational activities in the region.
This information is meant to be a general summary of Hopkins County 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $736
- Program Service Revenue: $389,839
- Gross Receipts: $582,627
Assets and Liabilities:
- Total Assets: $1,802,225
- Total Liabilities: $93,746
- Net Assets: $1,708,479
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FAIR INCOME
Revenue
$290,026
EVENT INCOME
Revenue
$99,813
Organization Details
Founding Year
1950
Phone
(270) 821-2426Principal Officer
Alan Lutz
Main Address
PO BOX 425, MADISONVILLE, KY, 42431
Website
www.hopkinscountyfair.comNTEE Category
Code: N520 - Recreation
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