Overview
What is Central Washington Fair Association?
The Central Washington Fair Association is a nonprofit organization situated in Yakima, Washington. With a strong commitment to preserving its historic grounds and fostering year-round multi-use facilities, this association aims to provide a diverse range of entertainment, sports, and educational activities. The association strives to ensure a safe, friendly, and enjoyable environment for all, acknowledging and appreciating the involvement of dedicated individuals and groups. By building on the tradition of its first 100 years, the Central Washington Fair Association seeks to leave a lasting impact for future generations. With a workforce of 272 employees, the association is dedicated to its mission of producing an annual agricultural fair and expanding the use of its facilities throughout the year.
Official website here: www.fairfun.com
What are the reviews and ratings of this charity?
Charity Navigator rating: 81% (Three-Star out of Four Star rating)
The Central Washington Fair Association has received an 81% rating from Charity Navigator, reflecting strong performance primarily in accountability and finance. This score is based solely on a single beacon, indicating a solid commitment to financial transparency and responsible management practices. The organization boasts a majority independent board with 100% of members being independent, contributing to its overall effective governance structure.
Strengths of the Central Washington Fair Association include a high program expense ratio of 76.67%, which shows that a significant portion of its funds is directed towards its programs. Additionally, the organization has no material diversion of assets and maintains a favorable liabilities to assets ratio of 9.52%, indicating sound financial health. Their adherence to transparency is evident, as they have listed all required governance policies on their tax forms, which enhances their credibility.
While the rating highlights commendable financial practices, users may want to further investigate the impact and effectiveness of the programs funded by the association. The reliance on a single beacon score may also limit the breadth of assessment regarding the organization's overall performance. Nonetheless, the Central Washington Fair Association demonstrates a responsible approach to financial management and governance.
This AI summary has been generated from information found on Charity Navigator.
Is Central Washington Fair Association legitimate?
Central Washington Fair Association is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central Washington Fair Association 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: $228,956
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,338,202
For more financial information, click here
Official website here: www.fairfun.com
What is the mission statement of Central Washington Fair Association?
The Central Washington Fair Association's mission is centered around organizing an annual agricultural fair and maximizing the use of its facilities year-round. They are committed to preserving and enhancing their historic grounds and multi-purpose facilities. The association aims to provide a wide array of high-quality entertainment, sports, and educational opportunities. Ensuring a secure, welcoming, and enjoyable environment for all is also a key priority. They recognize and appreciate the dedication of involved individuals and groups. Lastly, the association strives to uphold the tradition established in its first 100 years, with a focus on passing on these values to future generations.
Official website here: www.fairfun.com
Who is the CEO of Central Washington Fair Association?
Kathleen M Kramer is the Chair of Central Washington Fair Association. The CEO's salary of Central Washington Fair Association is $212,222 and their total compensation is $228,956.
Official website here: www.fairfun.com
What is the revenue of Central Washington Fair Association?
Central Washington Fair Association's revenue in 2022 was $6,535,206.
Official website here: www.fairfun.com
Who are the executives of Central Washington Fair Association and what are their salaries?
The average compensation at Central Washington Fair Association during 2022 was $5,762. There are 272 employees and 1185 volunteers at Central Washington Fair Association.
Here are 12 key members and their salaries (Central Washington Fair Association's CEO's salary is $212,222 and their total compensation is $228,956):
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- Compensation: $212,222
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- Other: $16,734
Official website here: www.fairfun.com
Where can I find the form 990 for Central Washington Fair Association?
Central Washington Fair Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fairfun.com
Learn more at the official website: www.fairfun.com
Mission Statement of Central Washington Fair Association
The Central Washington Fair Association is dedicated to producing an annual agricultural fair and developing year-round use of its facilities. This mission is underpinned by a commitment to several key aspects. Firstly, the association strives to preserve and develop its historic grounds and year-round multi-use facilities, ensuring they remain a vital part of the community. Secondly, it offers a wide range of high-quality entertainment, sports, and educational activities, catering to diverse interests. Thirdly, the association prioritizes providing a safe, friendly, and enjoyable environment for all visitors. Fourthly, it acknowledges the involvement of dedicated individuals and groups, recognizing their crucial role in the association's success. Lastly, the Central Washington Fair Association aims to build on its first 100 years of tradition, ensuring it continues to thrive for future generations. In essence, the association's mission is to create a dynamic and engaging environment that celebrates local heritage, fosters community involvement, and offers enjoyable experiences for all.
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Impact
July, 2024
Central Washington Fair Association's impact is significant in providing a platform for showcasing agriculture, entertainment, sports, and educational activities. They play a key role in preserving and developing historic grounds and year-round multi-use facilities in Yakima, WA. The association's commitment to offering diverse entertainment options while providing a safe and enjoyable environment benefits the community. Additionally, by acknowledging the dedication of individuals and groups involved, they continue to build on their tradition for the future generations, making a lasting impact on the recreation sector.
This information is meant to be a general summary of Central Washington Fair Association. 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: $2,091
- Program Service Revenue: $6,233,703
- Gross Receipts: $6,535,206
Assets and Liabilities:
- Total Assets: $6,553,430
- Total Liabilities: $624,837
- Net Assets: $5,928,593
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FAIR
Revenue
$4,367,346
SUNDOME
Revenue
$1,169,981
YAKIMA COUNTY STADIUM
Revenue
$696,376
Organization Details
Founding Year
1939
Phone
(509) 248-7160Principal Officer
Kathleen M Kramer
Main Address
1301 S FAIR AVENUE, YAKIMA, WA, 989015500
Website
www.fairfun.comNTEE Category
Code: N520 - Recreation
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