Overview
What is Southern New Mexico State Fair And Rodeo Association Inc?
Southern New Mexico State Fair and Rodeo Association Inc is a nonprofit organization situated in Las Cruces, New Mexico. With a team of 18 dedicated individuals, its primary mission is to promote and manage the state fair serving Southern New Mexico and El Paso Counties. This nonprofit's activities revolve around organizing and operating the fair, providing an enjoyable and educational experience for the community. The fair likely includes various entertainment, educational, and cultural events, ensuring a lively and engaging atmosphere for attendees.
Official website here: www.snmstatefairgrounds.net
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%, Two-Star out of Four Stars
The Southern New Mexico State Fair And Rodeo Association Inc has received a Two-Star rating from Charity Navigator, reflecting a score of 69%. The assessment indicates a strong performance in several areas, such as having a fully independent board and minimal material diversion of assets, which supports transparency and accountability. The program expense ratio is notably high at 99.82%, suggesting that the majority of funding is directed toward program activities.
However, the organization has significant areas for improvement, particularly in governance policies. The lack of a conflict of interest policy, whistleblower policy, and document retention and destruction policy indicates potential weaknesses in organizational oversight. Additionally, the absence of the tax form on the nonprofit's website may hinder transparency for stakeholders and potential donors.
While the organization demonstrates a commitment to its programs and has a solid financial structure, the gaps in governance practices must be addressed to enhance overall accountability and trustworthiness. Strengthening these policies would not only improve its rating but also bolster confidence among supporters and the community.
This AI summary has been generated from information found on Charity Navigator.
Is Southern New Mexico State Fair And Rodeo Association Inc legitimate?
Southern New Mexico State Fair And Rodeo Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southern New Mexico State Fair And Rodeo Association 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: $14,655
For more financial information, click here
Official website here: www.snmstatefairgrounds.net
What is the mission statement of Southern New Mexico State Fair And Rodeo Association Inc?
The Southern New Mexico State Fair and Rodeo Association Inc's mission involves promoting and operating a fair that caters to the communities of Southern New Mexico and El Paso Counties. Their primary objective is to oversee and manage this fair. In simpler terms, their role is to ensure the successful operation and promotion of a fair that benefits these regions.
Official website here: www.snmstatefairgrounds.net
What is the revenue of Southern New Mexico State Fair And Rodeo Association Inc?
Southern New Mexico State Fair And Rodeo Association Inc's revenue in 2023 was $1,131.
Official website here: www.snmstatefairgrounds.net
Who are the executives of Southern New Mexico State Fair And Rodeo Association Inc and what are their salaries?
The average compensation at Southern New Mexico State Fair And Rodeo Association Inc during 2023 was $814. There are 18 employees at Southern New Mexico State Fair And Rodeo Association Inc.
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Official website here: www.snmstatefairgrounds.net
Where can I find the form 990 for Southern New Mexico State Fair And Rodeo Association Inc?
Southern New Mexico State Fair And Rodeo Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.snmstatefairgrounds.net
Learn more at the official website: www.snmstatefairgrounds.net
Mission Statement of Southern New Mexico State Fair And Rodeo Association Inc
The Southern New Mexico State Fair and Rodeo Association Inc is committed to promoting and operating a fair that caters to the residents of Southern New Mexico and El Paso Counties. Their mission is to oversee and manage this community event, ensuring it serves as a source of entertainment and engagement for the local population. By organizing and running this fair, the association aims to contribute positively to the region's social and cultural landscape.
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Impact
July, 2024
The Southern New Mexico State Fair and Rodeo Association Inc's impact is primarily seen in its promotion and operation of the fair, serving Southern New Mexico and El Paso counties. This organization plays a key role in providing a platform for the community to come together, enjoy recreational activities, showcase local talents, and celebrate the region's culture. Through its activities and events, the association contributes to the social, cultural, and economic well-being of the area, fostering a sense of community and pride among its residents.
This information is meant to be a general summary of Southern New Mexico State Fair And Rodeo Association 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 2023.
- Investment Income: $211
- Program Service Revenue: $920
- Gross Receipts: $1,131
Assets and Liabilities:
- Total Assets: $1,814,871
- Total Liabilities: $752,219
- Net Assets: $1,062,652
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FAIR INCOME
Revenue
$900
MISCELLANEOUS
Revenue
$20
Organization Details
Principal Officer
Travis A Brown
Website
www.snmstatefairgrounds.netNTEE Category
Code: N52Z - Recreation
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