Overview
What is Tanana Valley State Fair Association Inc?
Tanana Valley State Fair Association Inc is a nonprofit organization located in Fairbanks, Alaska. They are renowned for organizing an annual state fair, serving as a vibrant community gathering point. The fair showcases a variety of attractions such as livestock exhibitions, games, rides, horse shows, arts and crafts, and competitive events. Additionally, educational exhibits, quilt shows, and giant cabbage contests are featured. The fairgrounds also host special events and rent their facilities during the off-season to offset expenses. Approximately 104,000 individuals attended the 2022 fair. The association's mission is to celebrate and promote appreciation for Interior Alaska, providing opportunities to showcase community endeavors and encouraging involvement from all. With a dedicated workforce of 97 employees, Tanana Valley State Fair Association Inc plays an essential role in the local community.
Official website here: www.tvsfa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75%, Three-Star out of Four Star rating.
The Tanana Valley State Fair Association Inc has received a solid Three-Star rating from Charity Navigator, reflecting a commendable performance in accountability and finance. With a score of 93% in this category, the organization demonstrates strong governance practices, including a fully independent board and no material diversion of assets. Their program expense ratio is also impressive at 81.38%, indicating a significant portion of their expenditures directly support their mission.
In terms of organizational culture and community engagement, the association scored a perfect 100%. This includes exemplary practices in feedback collection and usage, showcasing their commitment to listening to and acting upon community input. Such strengths suggest a robust relationship with stakeholders, which is vital for nonprofit success.
However, there are a few areas noted for improvement. While the organization has policies in place for conflict of interest, whistleblower protections, and document retention were found to be missing, which could pose risks to transparency and accountability. Addressing these gaps could further enhance their standing and operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Tanana Valley State Fair Association Inc legitimate?
Tanana Valley State Fair Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tanana Valley State 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: $12,115
Professional Fundraising Fees: $0
Other Salaries and Wages: $355,684
For more financial information, click here
Official website here: www.tvsfa.org
What is the mission statement of Tanana Valley State Fair Association Inc?
The Tanana Valley State Fair Association Inc's mission is centered around operating an annual state fair with a focus on showcasing competitive and commercial exhibits. This event aims to enhance appreciation for interior Alaska, providing a platform for various individual and community endeavors. The fair serves to educate and entertain all participants, encouraging involvement from all sectors of the community. It offers opportunities for sharing a diverse range of activities, promoting unity and engagement within the community.
Official website here: www.tvsfa.org
Who is the CEO of Tanana Valley State Fair Association Inc?
Michael Bartch is the President of Tanana Valley State Fair Association Inc.
Official website here: www.tvsfa.org
What is the revenue of Tanana Valley State Fair Association Inc?
Tanana Valley State Fair Association Inc's revenue in 2022 was $1,376,584.
Official website here: www.tvsfa.org
Who are the executives of Tanana Valley State Fair Association Inc and what are their salaries?
The average compensation at Tanana Valley State Fair Association Inc during 2022 was $3,792. There are 97 employees and 387 volunteers at Tanana Valley State Fair Association Inc.
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Official website here: www.tvsfa.org
Where can I find the form 990 for Tanana Valley State Fair Association Inc?
Tanana Valley State Fair Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tvsfa.org
Learn more at the official website: www.tvsfa.org
Mission Statement of Tanana Valley State Fair Association Inc
The Tanana Valley State Fair Association Inc, in its mission, aims to highlight and amplify appreciation for Interior Alaska. They achieve this by organizing an annual state fair, showcasing a diverse range of competitive and commercial exhibits that resonate with the community. The fair serves as an educational and entertaining platform, offering participants the opportunity to share their individual and communal endeavors. The Tanana Valley State Fair Association Inc encourages and welcomes involvement from all, fostering a sense of unity and engagement within the community.
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Impact
July, 2024
The Tanana Valley State Fair Association Inc's impact is significant in fostering community spirit and showcasing the talents, achievements, and offerings of Interior Alaska. By organizing an annual state fair that features a wide array of competitive and commercial exhibits, the association creates a platform for individuals and communities to share their endeavors and talents. The fair serves as a hub of entertainment, education, and community engagement, attracting approximately 104,000 attendees in 2022.
Through activities such as livestock shows, games, rides, amusement parks, horse shows, arts and crafts exhibitions, quilt shows, contests, and special events, the fair provides a space for families to come together and enjoy a variety of experiences. The fair also hosts around 200 booths that offer goods, food, and information on community services and opportunities, further enriching the fair experience for visitors.
Additionally, the fairgrounds host other special events throughout the year, contributing to the cultural and social vibrancy of the community. By making its facilities available for rental during the off-season, the association generates revenue to support its operations and offset expenses, ensuring the continued success of the fair and its impact on the community.
This information is meant to be a general summary of Tanana Valley State 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: $1,094,438
- Gross Receipts: $1,518,784
Assets and Liabilities:
- Total Assets: $3,482,472
- Total Liabilities: $790,368
- Net Assets: $2,692,104
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FAIR OPERATING & SPECI
Revenue
$1,094,438
Organization Details
Founding Year
1972
Phone
(907) 452-3750Principal Officer
Michael Bartch
Main Address
1800 COLLEGE ROAD, FAIRBANKS, AK, 99709
Website
www.tvsfa.orgNTEE Category
Code: X99Z - Religion related
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