Overview
What is Tennessee Valley Agricultural And Industrial Fair?
The Tennessee Valley Agricultural and Industrial Fair is a nonprofit organization situated in Knoxville, Tennessee. Their primary mission is to oversee the annual operation of the Tennessee Valley Agricultural and Industrial Fair. This event aims to showcase agricultural and industrial aspects, fostering a sense of community and education in these areas. With a team of 152 dedicated individuals, the fair provides an opportunity for locals to engage in activities, learn, and celebrate the region's agricultural and industrial heritage.
Official website here: www.tnvalleyfair.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 84% (Three-Star out of Four Star rating)
The Tennessee Valley Agricultural and Industrial Fair has received an 84% rating from Charity Navigator, indicating a strong performance particularly in accountability and finance. The organization excels in governance, with 100% of its board members being independent and a robust financial oversight system in place. Its low liabilities to assets ratio and high program expense ratio suggest effective financial management and a commitment to its mission.
However, there are notable areas for improvement. The organization lacks essential policies such as conflict of interest, whistleblower, and document retention and destruction policies, which are critical for transparency and ethical governance. Additionally, the absence of the tax form on its website could hinder public trust and accessibility of information.
Overall, while the Tennessee Valley Agricultural and Industrial Fair demonstrates solid financial practices and governance structures, addressing the missing policies could enhance its credibility and accountability further.
This AI summary has been generated from information found on Charity Navigator.
Is Tennessee Valley Agricultural And Industrial Fair legitimate?
Tennessee Valley Agricultural And Industrial Fair is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tennessee Valley Agricultural And Industrial Fair 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: $78,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $378,604
For more financial information, click here
Official website here: www.tnvalleyfair.org
What is the mission statement of Tennessee Valley Agricultural And Industrial Fair?
The Tennessee Valley Agricultural and Industrial Fair's mission is centered around the operation of an annual event. Specifically, they oversee the organization of an agricultural and industrial fair each year. This event serves as a platform to showcase various aspects of agriculture and industry, providing an opportunity for education, entertainment, and community engagement. The fair aims to promote agricultural and industrial advancements, fostering a deeper understanding and appreciation for these sectors. The operation of the annual fair is their primary mission, which they execute with dedication and commitment.
Official website here: www.tnvalleyfair.org
Who is the CEO of Tennessee Valley Agricultural And Industrial Fair?
Scott Suchomski is the Exc Director of Tennessee Valley Agricultural And Industrial Fair.
Official website here: www.tnvalleyfair.org
What is the revenue of Tennessee Valley Agricultural And Industrial Fair?
Tennessee Valley Agricultural And Industrial Fair's revenue in 2022 was $2,279,972.
Official website here: www.tnvalleyfair.org
Who are the executives of Tennessee Valley Agricultural And Industrial Fair and what are their salaries?
The average compensation at Tennessee Valley Agricultural And Industrial Fair during 2022 was $3,004. There are 152 employees and 300 volunteers at Tennessee Valley Agricultural And Industrial Fair.
Here are 14 key members and their salaries:
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Official website here: www.tnvalleyfair.org
Where can I find the form 990 for Tennessee Valley Agricultural And Industrial Fair?
Tennessee Valley Agricultural And Industrial Fair's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tnvalleyfair.org
Learn more at the official website: www.tnvalleyfair.org
Mission Statement of Tennessee Valley Agricultural And Industrial Fair
Tennessee Valley Agricultural and Industrial Fair, as its name suggests, is dedicated to the annual operation of an agricultural and industrial fair. This nonprofit organization's mission revolves around hosting this annual event, providing a platform for showcasing agricultural and industrial advancements. By operating the Tennessee Valley Agricultural and Industrial Fair, the organization contributes to the promotion of agricultural and industrial growth, fostering a sense of community and education around these sectors.
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Impact
July, 2024
The Tennessee Valley Agricultural and Industrial Fair has a significant impact on the community of Knoxville, Tennessee. This annual event provides a platform for showcasing local agriculture, industry, and innovation. It not only highlights the region's rich agricultural heritage but also promotes economic development by bringing together farmers, vendors, and visitors.
Through various agricultural exhibits, livestock shows, and competitions, the fair educates the public about the importance of agriculture and provides a space for farmers to network and share their knowledge. This helps in preserving the agricultural traditions of the area and supporting local farmers and producers.
Additionally, the fair serves as a source of entertainment and recreation for residents of Knoxville and surrounding areas. It offers a wide range of activities, including carnival rides, live music, food vendors, and arts and crafts exhibits, making it a popular destination for families and individuals looking for a fun and educational experience.
Overall, the Tennessee Valley Agricultural and Industrial Fair plays a vital role in promoting agriculture, fostering community engagement, and boosting the local economy in Knoxville, Tennessee.
This information is meant to be a general summary of Tennessee Valley Agricultural And Industrial Fair. 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: $3
- Program Service Revenue: $2,224,950
- Gross Receipts: $2,279,972
Assets and Liabilities:
- Total Assets: $1,625,148
- Total Liabilities: $50,193
- Net Assets: $1,574,955
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GATES-MAIN
Revenue
$837,019
RIDES-PARK & MIDAY
Revenue
$567,159
HOMER HAMILTON CONCERT TICKET
Revenue
$272,445
CONCESSIONS-FAIR
Revenue
$225,907
PARKING
Revenue
$156,582
Organization Details
Founding Year
1933
Phone
(865) 215-1471Principal Officer
Scott Suchomski
Main Address
PO BOX 6066, KNOXVILLE, TN, 37914
Website
www.tnvalleyfair.orgNTEE Category
Code: K20Z - Food
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