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Alaska 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: 920027358 ✦ Palmer, AK ✦ Designated as a 501(c)(3)

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Overview

What is Alaska State Fair Inc?

Alaska State Fair Inc is a dedicated nonprofit organization situated in Palmer, Alaska. With a significant workforce of 275 individuals, their primary mission is to organize an annual agricultural and educational fair spanning over 12 days. This event serves as a platform for both education and entertainment, attracting a substantial crowd of 340,144 attendees in 2022. Their activities extend beyond the fair, aiming to promote agricultural and educational growth within the state of Alaska.


Official website here: www.alaskastatefair.org

What are the reviews and ratings of this charity?

**Rating: 96% - Four-Star out of Four Star Rating on Charity Navigator**

The Alaska State Fair Inc has achieved a remarkable Four-Star rating on Charity Navigator, primarily reflecting its commitment to accountability and finance with a score of 96%. This rating signifies that the organization has demonstrated strong governance, ethical practices, and an effective financial management framework, which are crucial for ensuring donor trust and sustainability.

Key strengths of the organization include a fully independent board of directors, high marks for transparency through documented policies, and no material diversion of assets. Additionally, nearly 90% of its expenses are allocated to program services, showcasing the nonprofit's focus on its mission rather than overhead costs. However, a minor limitation noted in the rating was the absence of the tax form on its website, which could impact transparency.

Unfortunately, user reviews from GreatNonprofits could not be retrieved, leaving a gap in community sentiment regarding their experiences. Overall, the Alaska State Fair Inc appears to be a financially responsible and ethically sound nonprofit dedicated to serving its community.


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

Is Alaska State Fair Inc legitimate?

Alaska State Fair Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alaska 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: $125,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,445,265

For more financial information, click here


Official website here: www.alaskastatefair.org

What is the mission statement of Alaska State Fair Inc?

Alaska State Fair Inc's mission is centered around providing facilities and activities for an agricultural and educational fair. This annual event, lasting for 12 days, is designed to promote learning and appreciation for agriculture within the community. The organization's primary goal is to facilitate this fair in Alaska, aiming to educate and entertain its visitors. In 2022, the fair attracted a total attendance of 340,144 individuals.


Official website here: www.alaskastatefair.org

Who is the CEO of Alaska State Fair Inc?

Jeff Curtis is the Executive Director of Alaska State Fair Inc.


Official website here: www.alaskastatefair.org

What is the revenue of Alaska State Fair Inc?

Alaska State Fair Inc's revenue in 2022 was $9,952,579.


Official website here: www.alaskastatefair.org

Who are the executives of Alaska State Fair Inc and what are their salaries?

The average compensation at Alaska State Fair Inc during 2022 was $5,711. There are 275 employees and 700 volunteers at Alaska State Fair Inc.


Here are 9 key members and their salaries:


Jerome Hertel (Executive Director)
  • Compensation: $115,690
  • Related: $0
  • Other: $20,638
Kristy Bernier (President)
  • Compensation: $1,870
  • Related: $0
  • Other: $0
Jason Ortiz (Vice President)
  • Compensation: $1,430
  • Related: $0
  • Other: $0
Sheron Patrick (Secretary)
  • Compensation: $1,430
  • Related: $0
  • Other: $0
Aryne Randall (Treasurer)
  • Compensation: $1,150
  • Related: $0
  • Other: $0
Jon Marc Petersen (Director)
  • Compensation: $690
  • Related: $0
  • Other: $0
John Harkey (Director)
  • Compensation: $1,240
  • Related: $0
  • Other: $0
Cody Beus (Director)
  • Compensation: $1,380
  • Related: $0
  • Other: $0
Stephen Brown (Director, Resigned May)
  • Compensation: $320
  • Related: $0
  • Other: $0


Official website here: www.alaskastatefair.org

Where can I find the form 990 for Alaska State Fair Inc?

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


Official website here: www.alaskastatefair.org

Learn more at the official website: www.alaskastatefair.org

Mission Statement of Alaska State Fair Inc

Alaska State Fair Inc, as a nonprofit organization, is dedicated to providing facilities and activities for an agricultural and educational fair. Its mission is to host such an event annually in Alaska, offering a 12-day celebration that attracts a significant number of attendees, as evident in the 2022 attendance of 340,144 individuals. This fair serves as a platform for education and agriculture, providing an engaging and enriching experience for all who participate.

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Impact




July, 2024

Alaska State Fair Inc's impact revolves around providing the facilities and activities for an agricultural and educational fair in the state of Alaska for 12 days each year. With an attendance of 340,144 in 2022, this organization in Palmer, Alaska, plays a significant role in promoting recreation, agriculture, and education within the community. By hosting this annual event, Alaska State Fair Inc contributes to the local economy, boosts tourism, supports agricultural practices, and offers educational opportunities to residents and visitors alike. The fair serves as a platform for showcasing Alaska's diverse culture, heritage, and agricultural products, thus fostering a sense of community pride and engagement. Overall, Alaska State Fair Inc's impact extends beyond mere entertainment, enriching the lives of individuals while supporting the economy and promoting the agricultural sector in the state.




This information is meant to be a general summary of Alaska 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
$9,952,579 (2022)
Expenses
$8,712,013 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $75
  • Program Service Revenue: $9,098,823
  • Gross Receipts: $9,994,673

Assets and Liabilities:

  • Total Assets: $14,035,564
  • Total Liabilities: $386,677
  • Net Assets: $13,648,887

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Programs

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

GATE ADMISSIONS

Revenue

$3,266,318

EVENT ADMISSIONS

Revenue

$2,297,437

SPACE RENTAL

Revenue

$1,061,381

BEVERAGE SALES

Revenue

$864,730

VENDOR PERCENTAGE

Revenue

$802,862

Organization Details

Founding Year

1959

Principal Officer

Jeff Curtis

Main Address

2075 GLENN HIGHWAY, PALMER, AK, 99645

NTEE Category

Code: N520 - Recreation

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