Overview
What is Otero County Fair Association Inc?
Otero County Fair Association Inc, situated in Alamogordo, New Mexico, is a nonprofit organization dedicated to nurturing the Otero County Fair and Rodeo. The association plays an active role in organizing fairs, managing county events, and fulfilling various other responsibilities. Their primary mission is to support these events, contributing to the local community's vibrancy and traditions.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star Rating. This rating reflects a solid level of accountability and financial health for Otero County Fair Association Inc, primarily based on thorough evaluations of its governance and financial practices.
The organization demonstrates strong accountability with 100% independent board members and a solid fiscal responsibility. Key indicators such as a low liabilities to assets ratio of 0.15% and a program expense ratio of 75.52% suggest that a significant portion of its resources is allocated to its programs, which enhances its credibility and mission effectiveness. The presence of policies regarding conflicts of interest and whistleblowers further indicates a commitment to transparency.
While the overall score is favorable, it is important to note that the rating is solely based on the accountability and finance beacon. There may be further aspects of the organization's operations and impact that are not reflected in this score, which could provide a more comprehensive view of their effectiveness in serving the community.
This AI summary has been generated from information found on Charity Navigator.
Is Otero County Fair Association Inc legitimate?
Otero County Fair Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Otero County Fair 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: $25,242
For more financial information, click here
What is the mission statement of Otero County Fair Association Inc?
The Otero County Fair Association's primary role is to support and oversee the Otero County Fair and Rodeo. This non-profit organization takes on various tasks, including organizing fairs and managing county events. Their main objective is to ensure the success of these events, ultimately contributing to the community's enjoyment and engagement. The association is committed to promoting the spirit of fairness and rodeo culture, fostering a sense of unity and entertainment within its community.
Who is the CEO of Otero County Fair Association Inc?
Dean Hackett is the Chairman of Otero County Fair Association Inc.
What is the revenue of Otero County Fair Association Inc?
Otero County Fair Association Inc's revenue in 2022 was $1,312,549.
Who are the executives of Otero County Fair Association Inc and what are their salaries?
The average compensation at Otero County Fair Association Inc during 2022 was $25,242. There is 1 employee at Otero County Fair Association Inc.
Here are 9 key members and their salaries:
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- Compensation: $25,242
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Where can I find the form 990 for Otero County Fair Association Inc?
Otero County Fair Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Otero County Fair Association Inc
The Otero County Fair Association, a nonprofit organization, is dedicated to supporting the Otero County Fair and Rodeo. Its mission encompasses organizing fairs, managing county events, and undertaking various other responsibilities. The association works tirelessly to ensure the success of these events, thereby contributing to the overall vibrancy and community spirit in the area. By organizing fairs, the association offers a platform for local talent and culture to shine, while managing county events allows it to play a pivotal role in celebrating the region's unique identity. Through its diverse range of duties, the Otero County Fair Association plays a significant role in fostering a sense of unity and pride within the community.
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Impact
July, 2024
The impact of the Otero County Fair Association Inc is significant in supporting the Otero County Fair and Rodeo. Through organizing fairs, managing county events, and executing various other responsibilities, the association plays a crucial role in promoting recreation and community engagement in Alamogordo, NM.
This information is meant to be a general summary of Otero County Fair 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 2022.
- Program Service Revenue: $1,284,839
- Gross Receipts: $1,312,549
Assets and Liabilities:
- Total Assets: $473,793
- Total Liabilities: $747
- Net Assets: $473,046
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FAIR RECEIPTS
Revenue
$788,561
RODEO
Revenue
$496,278
Organization Details
Founding Year
1952
Phone
(575) 434-0788Principal Officer
Dean Hackett
Main Address
401 FAIRGROUNDS ROAD, ALAMOGORDO, NM, 88310
NTEE Category
Code: N52Z - Recreation
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