Permian Basin Fair & Expo Inc

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

EIN: 751656376 ✦ Odessa, TX ✦ Designated as a 501(c)(4)

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Overview

What is Permian Basin Fair & Expo Inc?

Permian Basin Fair & Expo Inc, headquartered in Odessa, Texas, is a nonprofit organization dedicated to maintaining and operating public fairs, expositions, and exhibits. Their primary mission involves supporting and managing these events, ensuring they run smoothly and offer engaging experiences for the public. The organization's operations extend to offering various attractions and exhibits, fostering a sense of community and entertainment in the area. Although specific programs or initiatives are not mentioned, it is clear that Permian Basin Fair & Expo Inc plays a significant role in promoting local events and experiences within the region.

Is Permian Basin Fair & Expo Inc legitimate?

Permian Basin Fair & Expo Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Permian Basin Fair & Expo 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $25,600

For more financial information, click here

What is the mission statement of Permian Basin Fair & Expo Inc?

The Permian Basin Fair & Expo Inc is dedicated to managing and maintaining public events, specifically fairs, expositions, and exhibits. Their primary objective is to ensure the smooth operation and support of these events, providing entertainment and educational opportunities for the community. By organizing these events, they contribute to fostering a sense of community and promoting local businesses and talents. The organization's activities encompass various aspects of event planning, including coordination, maintenance, and support, aiming to deliver a memorable experience for all attendees.

Who is the CEO of Permian Basin Fair & Expo Inc?

Chris Yount is the Manager of Permian Basin Fair & Expo Inc.

What is the revenue of Permian Basin Fair & Expo Inc?

Permian Basin Fair & Expo Inc's revenue in 2022 was $714,431.

Who are the executives of Permian Basin Fair & Expo Inc and what are their salaries?

There 60 volunteers at Permian Basin Fair & Expo Inc.


Here are 18 key members and their salaries:


Don Thorn (Manager)
  • Compensation: $10,800
  • Related: $0
  • Other: $0
Chelli Evans (Admin Assistant)
  • Compensation: $10,800
  • Related: $0
  • Other: $0
Chris Yount (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susie Wyatt (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Lawson (President-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrew Fry (Assistant Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Milton Tharp (Parlimentarian)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Kennedy (Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Yount (Immediate Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joyce Miller (Administration)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glena Tharp (Advertising And Promotion)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bob Williams (Arena Events)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonifacio Franco (Commercial)
  • Compensation: $0
  • Related: $0
  • Other: $0
Louis Gonzales (Entertainment)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Rutledge (Livestock Events)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jesus Mercado (Operations)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Martin (Co Operations)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Martin (Jr Fair Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Permian Basin Fair & Expo Inc?

Permian Basin Fair & Expo Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Permian Basin Fair & Expo Inc

Permian Basin Fair & Expo Inc is dedicated to managing, maintaining, and supporting public fairs, expositions, and exhibits. This nonprofit organization's mission is to ensure the successful operation of these events, providing a platform for various exhibits and attractions to engage and educate the public. By overseeing these events, Permian Basin Fair & Expo Inc contributes to the cultural and entertainment landscape, offering a diverse range of experiences for attendees.

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Impact




October, 2024

The Permian Basin Fair & Expo Inc plays a vital role in fostering community engagement and promoting local culture through its operation of public fairs, expositions, and exhibits in Odessa, Texas. By providing a platform for showcasing local talent, arts, crafts, and agricultural products, it helps to preserve regional traditions and supports local artisans and vendors.

The fair serves as a significant recreational event that attracts visitors from various areas, enhancing local tourism and stimulating the economy. It also creates opportunities for families to engage in recreational activities, thus strengthening community ties and fostering a sense of belonging among residents.

Through its events, the Permian Basin Fair & Expo Inc contributes to the overall quality of life in the region, offering entertainment, educational experiences, and a venue for social interaction that enriches the community fabric.




This information is meant to be a general summary of Permian Basin Fair & Expo 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.

Revenue
$714,431 (2022)
Expenses
$592,851 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $7
  • Program Service Revenue: $551,642
  • Gross Receipts: $714,431

Assets and Liabilities:

  • Total Assets: $593,508
  • Total Liabilities: $100
  • Net Assets: $593,408

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PREPAID BOOTH RENTAL

Revenue

$76,466

ENTRY FEES

Revenue

$27,012

ADULT BEVERAGES

Revenue

$200,986

TICKET SALES-GATE

Revenue

$247,178

Organization Details

Founding Year

1977

Principal Officer

Chris Yount

Main Address

218 WEST 46TH STREET, ODESSA, TX, 79764

NTEE Category

Code: N52 - Recreation

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