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Eastern New Mexico State Fair Inc

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

EIN: 850088065 ✦ Roswell, NM ✦ Designated as a 501(c)(3)

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Overview

What is Eastern New Mexico State Fair Inc?

Eastern New Mexico State Fair Inc is a local nonprofit organization, situated in Roswell, New Mexico. With a small team of 13 dedicated individuals, its primary objective is to cater to the entertainment and informational needs of the residents of Eastern New Mexico. By organizing events and exhibitions showcasing items of local interest, the fair aims to foster community engagement and promote a sense of unity within the region. The organization's mission remains consistent in its endeavor to provide a platform for entertainment and education for the locals.


Official website here: www.enmsf.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement. Overall Score: 69%, earning a Two-Star out of Four Star rating. This rating indicates that while the Eastern New Mexico State Fair Inc demonstrates some strengths in governance and financial management, there are significant areas requiring attention, particularly in their accountability practices.

The organization scored well in aspects such as having an independent board and a favorable liabilities to assets ratio, which suggests sound financial health. It also effectively allocates a high percentage of its expenses towards programs, indicating a commitment to its mission. However, the absence of essential policies like conflict of interest, whistleblower, and document retention raises concerns about transparency and governance.

Overall, while the organization manages its resources efficiently and has a structured board, the missing accountability policies highlight a critical area for improvement. Addressing these gaps could enhance the organization’s credibility and effectiveness in serving its community.


This AI summary has been generated from information found on Charity Navigator.

Is Eastern New Mexico State Fair Inc legitimate?

Eastern New Mexico State Fair Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eastern New Mexico State 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $140,755

For more financial information, click here


Official website here: www.enmsf.com

What is the mission statement of Eastern New Mexico State Fair Inc?

The Eastern New Mexico State Fair Inc is dedicated to providing entertainment and showcasing items of local interest to the residents of Eastern New Mexico. This organization's primary function is to cater to the entertainment needs and curiosity of the local community, offering a platform for showcasing local talents and interests. By doing so, they contribute to fostering a sense of community and engagement among the residents of the region.


Official website here: www.enmsf.com

Who is the CEO of Eastern New Mexico State Fair Inc?

Shay Wagner is the President of Eastern New Mexico State Fair Inc.


Official website here: www.enmsf.com

What is the revenue of Eastern New Mexico State Fair Inc?

Eastern New Mexico State Fair Inc's revenue in 2022 was $712,563.


Official website here: www.enmsf.com

Who are the executives of Eastern New Mexico State Fair Inc and what are their salaries?

The average compensation at Eastern New Mexico State Fair Inc during 2022 was $10,827. There are 13 employees at Eastern New Mexico State Fair Inc.


Here are 15 key members and their salaries:


Cary Crist (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Duffey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jay Eldridge (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Calder Ezzell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Gonzales (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jared Hembree (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dane Marley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adriann Ragsdale (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Steen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Vaz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Walker (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Dudley (Vice-Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Travis Hicks (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Hobson (President-Em)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shay Wagner (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.enmsf.com

Where can I find the form 990 for Eastern New Mexico State Fair Inc?

Eastern New Mexico State Fair Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.enmsf.com

Learn more at the official website: www.enmsf.com

Mission Statement of Eastern New Mexico State Fair Inc

Eastern New Mexico State Fair Inc, as a nonprofit organization, is dedicated to providing entertainment and showcasing items of local interest to the residents of Eastern New Mexico. Their primary mission is to serve the community by offering a platform where local talents and attractions can be showcased, providing an enjoyable and engaging experience for all. By organizing various events and exhibitions, Eastern New Mexico State Fair Inc strives to bring people together, fostering a sense of unity and celebration within the community.

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Impact




July, 2024

The Eastern New Mexico State Fair Inc's impact is significant as it plays a vital role in providing entertainment and showcasing items of local interest to the residents of Eastern New Mexico, particularly in the city of Roswell. By organizing events and exhibitions, the fair contributes to the cultural and recreational enrichment of the community, fostering a sense of belonging and pride among residents. Additionally, the fair serves as a platform for local talents and businesses to promote their offerings, thereby supporting economic development within the region. Ultimately, the Eastern New Mexico State Fair Inc's activities contribute to the overall well-being and vibrancy of the Eastern New Mexico community.




This information is meant to be a general summary of Eastern New Mexico State 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.

Revenue
$712,563 (2022)
Expenses
$749,260 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $271
  • Program Service Revenue: $656,579
  • Gross Receipts: $712,563

Assets and Liabilities:

  • Total Assets: $3,299,161
  • Total Liabilities: $1,045,586
  • Net Assets: $2,253,575

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Programs

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

STATE FAIR ACTIVITY

Revenue

$599,400

JR LIVESTOCK SALE

Revenue

$57,179

Organization Details

Founding Year

1986

Principal Officer

Shay Wagner

Main Address

PO BOX 824, ROSWELL, NM, 88202

NTEE Category

Code: N52Z - Recreation

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