LOS ANGELES COUNTY FAIR ASSN FAIRGROUNDS: Form 990, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- LOS ANGELES COUNTY FAIR ASSN FAIRGROUNDS (EIN 95-1660585)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-11-17
- IRS object ID
- 201413219349303196
- Schema version
- 2013v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-11-17T10:27:07-06:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 952648289 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | VAVRINEKTRINEDAY & CO LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8270 ASPEN STREET | AddressLine1 |
| City | RANCHO CUCAMONGA | City |
| State | CA | State |
| ZIP Code | 91730 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 951660585 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOS ANGELES COUNTY FAIR ASSOCIATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LOSA | BusinessNameControlTxt |
| Phone | 9098654203 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1101 W MCKINLEY AVE | AddressLine1 |
| City | POMONA | City |
| State | CA | State |
| ZIP Code | 91768 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL SEDER | PersonNm |
| Person Title | VICE PRESIDENT | PersonTitleTxt |
| Phone | 9098654203 | PhoneNum |
| Signature | 2014-11-03 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | HEIDI E WHITE | PreparerPersonNm |
| PTIN | P01351190 | PTIN |
| Phone | 9094664410 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-11-30 17:44:51Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MICHAEL SEDER | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1101 W MCKINLEY AVE | AddressLine1 |
| City | POMONA | City |
| State | CA | State |
| ZIP Code | 91768 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $69,058,337 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.FAIRPLEX.COM | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1922 | FormationYr |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Activity Or Mission | THE ASSOCIATION CONDUCTS THE ANNUAL LOS ANGELES COUNTY FAIR AND NUMEROUS EVENTS DURING THE YEAR WHICH ADVANCE AND PROMOTE AGRICULTURAL, HORTICULTURAL, VITICULTURAL, INDUSTRIAL, AND OTHER INTERESTS OF THE COUNTY OF LOS ANGELES AND THE STATE OF CALIFORNIA | ActivityOrMissionDesc |
| Voting Members Governing Body | 11 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 11 | VotingMembersIndependentCnt |
| Total Employee | 2170 | TotalEmployeeCnt |
| Total Volunteers | 242 | TotalVolunteersCnt |
| Total Gross UBI | $25,583,020 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | -$450,593 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,619,958 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,627,234 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $27,094,253 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $27,639,424 | CYProgramServiceRevenueAmt |
| PY Investment Income | $18,241 | PYInvestmentIncomeAmt |
| CY Investment Income | $94,727 | CYInvestmentIncomeAmt |
| PY Other Revenue | $34,517,536 | PYOtherRevenueAmt |
| CY Other Revenue | $38,055,935 | CYOtherRevenueAmt |
| PY Total Revenue | $64,249,988 | PYTotalRevenueAmt |
| CY Total Revenue | $68,417,320 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $22,678,102 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $20,332,897 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $42,632,537 | PYOtherExpensesAmt |
| CY Other Expenses | $51,486,733 | CYOtherExpensesAmt |
| PY Total Expenses | $65,310,639 | PYTotalExpensesAmt |
| CY Total Expenses | $71,819,630 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$1,060,651 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$3,402,310 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $128,149,001 | TotalAssetsBOYAmt |
| Total Assets EOY | $126,178,352 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $73,486,558 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $67,339,557 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $54,662,443 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $58,838,795 | NetAssetsOrFundBalancesEOYAmt |
| Mission | THE LOS ANGELES COUNTY FAIR ENRICHES LIVES BY ENTERTAINING AND EDUCATING OUR DIVERSE COMMUNITY WHILE CREATING UNIQUE AND MEMORABLE EXPERIENCES. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | YEAR-ROUND FAIR-TYPE EVENTS: LACFA RENTS ITS FACILITIES TO VARIOUS OUTSIDE PROMOTERS OF EVENTS WHICH INCLUDE EQUINE, HOME, CRAFT, ELECTRONIC, AND OTHER SHOWS. MORE THAN 1.6 MILLION GUESTS ATTENDED YEAR ROUND EVENTS HELD ON THESE GROUNDS IN 2013. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LOS ANGELES COUNTY FAIR: THE LOS ANGELES COUNTY FAIR IS ONE THE LARGEST COUNTY FAIRS IN THE UNITED STATES. ITS PURPOSE IS TO ADVANCE AND PROMOTE THE AGRICULTURAL, HORTICULTURAL,INDUSTRIAL AND OTHER INTERESTS OF THE LOS ANGELES COUNTY THROUGH THE EXHIBITION OF LIVESTOCK, POULTRY, DAIRY PRODUCTS, HOUSEHOLD AND FINE ARTS, AND SCHOOL AND EDUCATIONAL EXHIBITS. 1,438,514 PEOPLE ATTENDED THE 2013 LOS ANGELES COUNTY FAIR | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | Yes (1) | PoliticalCampaignActyInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 265 | IRPDocumentCnt |
| IRP Document W2 G | 1072 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 2170 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 11 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 11 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | CA | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHAEL D SEDER | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 9098654203 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1101 W MCKINLEY AVE | AddressLine1 |
| City | POMONA | City |
| State | CA | State |
| ZIP Code | 91786 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionAGrp (24 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| RICHARD CREAN | |||||||
| DIRECTOR | 2.00 | Yes (X) | $2,000 | $0 | $0 | ||
| MICHAEL ORTIZ | |||||||
| DIRECTOR & CHAIR | 2.00 | Yes (X) | $6,000 | $0 | $0 | Yes (X) | |
| THOMAS HSIEH | |||||||
| DIRECTOR | 2.00 | Yes (X) | $4,000 | $0 | $0 | ||
| RONALD VERA | |||||||
| DIRECTOR | 2.00 | Yes (X) | $6,000 | $0 | $0 | ||
| LINDA KEAGLE | |||||||
| DIRECTOR | 2.00 | Yes (X) | $6,000 | $0 | $0 | ||
| ART LUDWICK | |||||||
| DIRECTOR | 2.00 | Yes (X) | $6,000 | $0 | $0 | ||
| JOHN SOLOMON | |||||||
| DIRECTOR | 2.00 | Yes (X) | $6,000 | $0 | $0 | ||
| ROBERT DUKES | |||||||
| DIRECTOR & SECRETARY | 2.00 | Yes (X) | $6,000 | $0 | $0 | Yes (X) | |
| BERNARD BERNSTEIN | |||||||
| DIRECTOR | 2.00 | Yes (X) | $6,000 | $0 | $0 | ||
| SUE HYLAND | |||||||
| DIRECTOR | 2.00 | Yes (X) | $6,000 | $0 | $0 | ||
| WILLIAM FOX | |||||||
| DIRECTOR & VICE CHAIR | 2.00 | Yes (X) | $6,000 | $0 | $0 | Yes (X) | |
| CIRIACO Q PINEDO | |||||||
| DIRECTOR | 2.00 | Yes (X) | $6,000 | $0 | $0 | ||
| JAMES HENWOODJR | |||||||
| PRESIDENT & CEO | 40.00 | $846,693 | $0 | $47,840 | Yes (X) | ||
| MICHAEL SEDER | |||||||
| VP FINANCE & CFO | 40.00 | $351,913 | $0 | $37,332 | Yes (X) | ||
| DWIGHT RICHARDS | |||||||
| VP OF OPERATIONS | 40.00 | $273,378 | $0 | $47,841 | Yes (X) | ||
| DALE COLEMAN | |||||||
| VP SALES,MKTG & PROG | 40.00 | $293,868 | $0 | $45,734 | Yes (X) | ||
| MICHELLE DE MOTT | |||||||
| VP BRANDING & PRODUCT KNOW | 40.00 | $239,461 | $0 | $24,111 | Yes (X) | ||
| JEFF TUCCI | |||||||
| VP HOSPITALITY | 40.00 | $301,284 | $0 | $39,459 | Yes (X) | ||
| JOHN GILBERT | |||||||
| VP | 40.00 | $61,763 | $0 | $3,779 | Yes (X) | ||
| MELISSA DEMONACO-TAPIA | |||||||
| DIRECTOR OF SALES | 40.00 | $135,864 | $0 | $23,104 | Yes (X) | ||
| WILLIAM BAKER | |||||||
| BARRETTS VP | 40.00 | $151,445 | $0 | $15,397 | Yes (X) | ||
| WALTER LLOYD | |||||||
| BARRETTS VP & EQUINE MGR | 40.00 | $197,614 | $0 | $18,196 | Yes (X) | ||
| KAREN FURLOW | |||||||
| CONTROLLER | 40.00 | $139,339 | $0 | $23,538 | Yes (X) | ||
| KATHY WADHAM | |||||||
| DIR. OF CREATIVE PROGRAMMI | 40.00 | $133,880 | $0 | $22,034 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $3,192,502 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $348,365 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 11 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1 | CityContractorAddress/USAddress/City | StateContractorAddress/USAddress/State | ZIP CodeContractorAddress/USAddress/ZIPCode | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| MILNER BUTCHER MEDIA GROUP | |||||
| 11150 W OLYMPIC BLVD | LOS ANGELES | CA | 90064 | ADVERTISING | $1,472,441 |
| RANDY BABINEAU DBA PREMIER PRINTING IMPR | |||||
| 1935 W 11TH ST UNIT B | UPLAND | CA | 91786 | ADVERTISING | $455,631 |
| STAFFMARK | |||||
| PO BOX 952386 | ST LOUIS | MO | 63195 | STAFFING | $267,752 |
| LATHAM & WATKINS | |||||
| PO BOX 894263 | LOS ANGELES | CA | 90189 | LEGAL | $252,289 |
| LYNYRD SKYNYRD | |||||
| 16830 VENTURA BLVD 501 | ENCINO | CA | 91436 | ENTERTAINMENT | $200,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $2,627,234 | AllOtherContributionsAmt |
| Total Contributions | $2,627,234 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| FAIR | 900099 | $25,386,059 | $25,386,059 |
| FAIR PARI-MUTUEL | 711210 | $2,253,365 | $2,253,365 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $27,639,424 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $253,463 | TotalRevenueColumnAmt |
| Exclusion | $253,463 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $4,668,219 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $482,281 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $4,185,938 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,185,938 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $700,233 | UnrelatedBusinessRevenueAmt |
| Exclusion | $3,485,705 | ExclusionAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $158,736 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$158,736 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$158,736 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | -$158,736 | RelatedOrExemptFuncIncomeAmt |
Other Revenue Misc OtherRevenueMiscGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Unrelated Business RevenueUnrelatedBusinessRevenueAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|---|
| HOTEL REVENUE | 721110 | $16,096,299 | $16,096,299 | |
| CORNUCOPIA | 722100 | $11,092,783 | $4,658,969 | $6,433,814 |
| YEAR-ROUND PARKING | 812930 | $2,674,498 | $1,869,685 | $804,813 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,006,417 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $2,098,473 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $2,257,834 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$349,890 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $33,869,997 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $68,417,320 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $9,178,364 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $25,583,020 | UnrelatedBusinessRevenueAmt |
| Exclusion | $31,028,702 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,434,360 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,660,493 | TotalAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,357,519 | TotalAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,226,881 | TotalAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,653,644 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $447,302 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,300 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,612,411 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,114,106 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $625,523 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,404,678 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $607,909 | TotalAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,836,177 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,198,870 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,142,341 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| ROOM EXPENSE - HOTEL | $8,294,708 |
| REPAIRS & MAINTENANCE | $2,898,595 |
| OUTSIDE ENTERTAINMENT | $2,806,888 |
| FOOD & BEVERAGE - CORNU | $2,798,614 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,682,311 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $71,819,630 | TotalAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,948,033 | BOYAmt |
| EOY | $9,458,004 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,563,886 | BOYAmt |
| EOY | $3,081,577 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $439,176 | BOYAmt |
| EOY | $544,897 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,927,121 | BOYAmt |
| EOY | $2,171,380 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $189,496,123 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $88,050,468 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $104,820,032 | BOYAmt |
| EOY | $101,445,655 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,086,743 | BOYAmt |
| EOY | $4,086,743 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,364,010 | BOYAmt |
| EOY | $5,390,096 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $128,149,001 | BOYAmt |
| EOY | $126,178,352 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,996,204 | BOYAmt |
| EOY | $5,210,764 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $511,305 | BOYAmt |
| EOY | $728,333 | EOYAmt |
Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $47,675,000 | BOYAmt |
| EOY | $46,990,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $22,304,049 | BOYAmt |
| EOY | $14,410,460 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $73,486,558 | BOYAmt |
| EOY | $67,339,557 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,662,443 | BOYAmt |
| EOY | $58,838,795 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $54,662,443 | BOYAmt |
| EOY | $58,838,795 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $128,149,001 | BOYAmt |
| EOY | $126,178,352 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | -$3,402,310 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $7,228,772 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $349,890 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Political Expenditures | $8,700 | PoliticalExpendituresAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I-A, LINE 1: | FormAndLineReferenceDesc |
| Explanation | PROVIDED $8,700 IN CONTRIBUTIONS TO 3 LOCALLY ELECTED CANDIDATES | ExplanationTxt |
Schedule D IRS990ScheduleD
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $368,808 | OtherCostOrOtherBasisAmt |
| Book Value | $368,808 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $189,127,315 | OtherCostOrOtherBasisAmt |
| Depreciation | $88,050,468 | DepreciationAmt |
| Book Value | $101,076,847 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $101,445,655 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)
| DescDesc | AmtAmt |
|---|---|
| INTEREST RATE SWAP LIABILITY | $7,131,889 |
| ACCRUED LIABILITY | $5,472,260 |
| DUE TO OTHERS | $1,806,311 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $14,410,460 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $76,478,263 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $7,228,772 | NetUnrealizedGainsInvstAmt |
| Other Revenue | $482,281 | OtherRevenueAmt |
| Revenue Not Reported | $7,711,053 | RevenueNotReportedAmt |
| Revenue Subtotal | $68,767,210 | RevenueSubtotalAmt |
| Other Revenues Not Included | -$349,890 | OtherRevenuesNotIncludedAmt |
| Revenue Not Reported Fincl Stmt | -$349,890 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $68,417,320 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $72,301,911 | TotExpnsEtcAuditedFinclStmtAmt |
| Other Expenses Included | $482,281 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $482,281 | ExpensesNotReportedAmt |
| Expenses Subtotal | $71,819,630 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $71,819,630 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (4 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART X, LINE 2: | THE ASSOCIATION HAS ADOPTED FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740 THAT CLARIFIES THE ACCOUNTING FOR UNCERTANITY IN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN AND PROVIDES THAT THE TAX EFFECTS FROM AN UNCERTAIN TAX POSITION CAN BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF, BASED ON ITS MERITS, THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED ON AUDIT BY THE TAXING AUTHORITIES. MANAGEMENT BELIEVES THAT ALL TAX POSITIONS TAKEN TO DATE ARE HIGHLY CERTAIN AND, ACCORDINGLY, NO ACCOUNTING ADJUSTMENT HAS BEEN MADE TO THE FINANCIAL STATEMENTS. INTEREST AND PENALTIES RELATED TO UNCERTAIN TAX POSITIONS ARE RECORDED AS PART OF THE INCOME TAX EXPENSE. |
| PART XI, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSE 482,281. |
| PART XI, LINE 4B - OTHER ADJUSTMENTS: | FAIRPLEX EQUINE SALES LLC -540,106. BARRETTS EQUINE LTD. 190,216. LOSS ON SALE OF ASSETS |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | RENTAL EXPENSE 482,281. |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Independent Consultant | Yes (X) | IndependentConsultantInd |
| Written Employment Contract | Yes (X) | WrittenEmploymentContractInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | Yes (1) | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (11 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JAMES HENWOODJR | ||||||||||||||
| PRESIDENT & CEO | $518,247 | $0 | $328,446 | $0 | $0 | $0 | $35,010 | $0 | $12,830 | $0 | $894,533 | $0 | $0 | $0 |
| MICHAEL SEDER | ||||||||||||||
| VP FINANCE & CFO | $232,712 | $0 | $119,201 | $0 | $0 | $0 | $35,010 | $0 | $2,322 | $0 | $389,245 | $0 | $0 | $0 |
| DWIGHT RICHARDS | ||||||||||||||
| VP OF OPERATIONS | $191,613 | $0 | $81,765 | $0 | $0 | $0 | $35,010 | $0 | $12,831 | $0 | $321,219 | $0 | $0 | $0 |
| DALE COLEMAN | ||||||||||||||
| VP SALES,MKTG & PROG | $209,226 | $0 | $84,642 | $0 | $0 | $0 | $35,010 | $0 | $10,724 | $0 | $339,602 | $0 | $0 | $0 |
| MICHELLE DE MOTT | ||||||||||||||
| VP BRANDING & PRODUCT KNOW | $160,540 | $0 | $78,921 | $0 | $0 | $0 | $14,737 | $0 | $9,374 | $0 | $263,572 | $0 | $0 | $0 |
| JEFF TUCCI | ||||||||||||||
| VP HOSPITALITY | $208,103 | $0 | $93,181 | $0 | $0 | $0 | $34,723 | $0 | $4,736 | $0 | $340,743 | $0 | $0 | $0 |
| MELISSA DEMONACO-TAPIA | ||||||||||||||
| DIRECTOR OF SALES | $121,847 | $0 | $14,017 | $0 | $0 | $0 | $17,480 | $0 | $5,624 | $0 | $158,968 | $0 | $0 | $0 |
| WILLIAM BAKER | ||||||||||||||
| BARRETTS VP | $137,067 | $0 | $14,378 | $0 | $0 | $0 | $10,923 | $0 | $4,474 | $0 | $166,842 | $0 | $0 | $0 |
| WALTER LLOYD | ||||||||||||||
| BARRETTS VP & EQUINE MGR | $171,640 | $0 | $25,974 | $0 | $0 | $0 | $10,876 | $0 | $7,320 | $0 | $215,810 | $0 | $0 | $0 |
| KAREN FURLOW | ||||||||||||||
| CONTROLLER | $127,157 | $0 | $12,182 | $0 | $0 | $0 | $14,905 | $0 | $8,633 | $0 | $162,877 | $0 | $0 | $0 |
| KATHY WADHAM | ||||||||||||||
| DIR. OF CREATIVE PROGRAMMI | $121,609 | $0 | $12,271 | $0 | $0 | $0 | $14,861 | $0 | $7,173 | $0 | $155,914 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 4B | FormAndLineReferenceDesc |
| Explanation | CONTRIBUTIONS TO EMPLOYER SPONSORED 457B PLAN JAMES HENWOOD $5,833 MIKE SEDER $5,833 DALE COLEMAN $5,833 JEFF TUCCI $5,833 DWIGHT RICHARDS $5,833 MICHELLE DEMOTT $5,833 | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LOS ANGELES COUNTY REGIONAL FINANCING AUTHORITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 956000927 | BondIssuerEIN |
| CUSIP | 545316AA9 | CUSIPNum |
| Bond Issued | 2010-12-16 | BondIssuedDt |
| Issue Price | $24,255,000 | IssuePriceAmt |
| Purpose | CONSTRUCTION OF CONFERENCE CENTER THRU RECOVERY ZONE FACILITY BONDS | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | Yes (1) | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Retired | $40,000 | RetiredAmt |
| Total Proceeds | $24,255,000 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $648,075 | IssuanceCostsFromProceedsAmt |
| Working Capital Expenditures | $24,255,000 | WorkingCapitalExpendituresAmt |
| Substantial Completion | 2011 | SubstantialCompletionYr |
| Current Refunding | 0 | CurrentRefundingInd |
| Advance Refunding | 0 | AdvanceRefundingInd |
| Final Allocation Made | Yes (1) | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | 0 | MgmtContractBondFincdPropInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | 0 | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | 0 | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | Yes (1) | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | Yes (1) | HedgeIdentifiedInBksAndRecInd |
Hedge Provider Name HedgeProviderName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WELLS FARGO | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Term Of Hedge | 30.000000000000 | TermOfHedgePct |
| Superintegrated Hedge | Yes (1) | SuperintegratedHedgeInd |
| Hedge Terminated | 0 | HedgeTerminatedInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | 0 | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | 0 | ProceduresCorrectiveActionInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (8 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE ASSOCIATION CONSISTS OF MEMBERS, NOT STOCKHOLDERS, AND THERE CAN BE UP TO 60 REGULAR VOTING MEMBERS OF THE ASSOCIATION. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE MEMBERS OF THE ASSOCIATION ELECT THE BOARD MEMBERS PER THE BY-LAWS. |
| FORM 990, PART VI, SECTION B, LINE 11 | THE RETURN WAS PROVIDED TO AND REVIEWED BY THE FINANCE COMMITTEE. EACH BOARD MEMBER WAS GIVEN A COPY OF THE FORM 990 PRIOR TO FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | BOARD DISCLOSURES ARE REVIEWED ANNUALLY BY DIRECTOR OF HUMAN RESOURCES AND COMMITTEE. WHEN A CONFLICT ARISES THE BOARD MEMBER IS ASKED TO RECUSE HIMSELF FROM ALL DISCUSSIONS AND VOTING. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS MEETS ON AN AS NEEDED BASIS TO REVIEW COMPENSATION OF THE SENIOR MANAGEMENT STAFF. THE COMMITTEE MAKES IT A PRACTICE TO REGULARLY REVIEW COMPENSATION OF THE SENIOR EXECUTIVE TEAMS. IN THAT REGARD, THE COMMITTEE HAS ENGAGED IN VARIOUS BENCHMAKING STUDIES OF COMPENSATION OVER THE LAST SEVERAL YEARS THROUGH THE USE OF EXPERT CONSULTANTS. AS RECENTLY AS DECEMBER 2011, THE COMMITTEE ENGAGED FREDERIC W. COOK & COMPANY TO DO A FULL REVIEW OF EXECUTIVE COMPENSATION. IN THEIR REVIEW, COOK PERFORMED AN EXTENSIVE MARKET ANALYSIS OF BASE SALARY, CASH COMPENSATION, AND RETIREMENT BENEFITS PROVIDED TO FAIR ASSOCIATION EXECUTIVE STAFF IN COMPARISON TO THE BROAD COMPETITIVE MARKET. THE EXECUTIVE COMMITTEE REVIEWED COOK'S FINDINGS AND RECOMMENDATIONS AND HAS IMPLEMENTED PLAN ADJUSTMENTS ACCORDING TO THESE RECOMMENDATIONS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE DOCUMENTS ARE AVAILABLE UPON REQUEST AT THE BUSINESS OFFICE DURING NORMAL BUSINESS HOURS |
| FORM 990, PART IX, LINE 24E | ADMIN. & GENERAL - HOTEL 2,503,858. SUPPLIES 1,300,170. SECURITY 1,297,097. MARKETING - HOTEL 1,292,458. TAXES, LICENSES & FEES 881,626. UTILITIES - HOTEL 676,368. REPAIRS & MAINTENANCE - HOTEL 644,085. INSURANCE-HOTEL 638,214. GAS & OIL 585,069. DONATIONS 575,760. RENT & PROPERTY TAX- HOTEL 518,473. SIGNS & BANNERS 445,012. FOOD SUPPLIES 364,360. JUDGING EXPENSES 241,067. EMPLOYEE RELATIONS & RECRUITS 215,064. TELEPHONE 183,988. UNIFORMS 95,244. GOV RELATIONS & PREMIUMS 85,811. DUES & MEMBERSHIPS 80,949. EDUCATION & SEMINARS 58,493. TROPHIES, RIBBONS, AWARDS 28,724. UNCOLLECTIBLE 15,561. PHOTOGRAPHY 15,020. RECOVERY OF G&A EXPENSES -60,160. |
| FORM 990, PART XI, LINE 9: | K-1 INCOME - FAIRPLEX EQUINE SALES LLC 540,106. K-1 INCOME - BARRETTS EQUINE LTD. -190,216. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp (3 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Total IncomeTotalIncomeAmt | End Of Year AssetsEndOfYearAssetsAmt |
|---|---|---|---|---|---|---|---|---|
| CORNUCOPIA FOODS LLC | ||||||||
| 1101 W MCKINLEY AVE | POMONA | CA | 91768 | 030537127 | FOOD AND BEVERAGE SALE | CA | $11,105,320 | $4,453,513 |
| FAIRPLEX RV AND BOAT STORAGE LLC | ||||||||
| 1101 W MCKINLEY AVE | POMONA | CA | 91768 | 272164622 | STORAGE FACILITY | CA | $429,143 | -$47,351 |
| EVENT PRODUCTION SOLUTIONS LLC | ||||||||
| 1101 W MCKINLEY AVE | POMONA | CA | 91768 | 272164467 | EVENT EQUIPMENT RENTAL | CA | $1,012,806 | -$1,325,079 |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (4 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Exempt Code SectionExemptCodeSectionTxt | Public Charity StatusPublicCharityStatusTxt | Controlled OrganizationControlledOrganizationInd |
|---|---|---|---|---|---|---|---|---|---|
| MILLARD SHEETS CENTER FOR THE ARTS | |||||||||
| 1101 W MCKINLEY AVE | POMONA | CA | 91768 | 954686767 | ART EDUCATION | CA | 501(C)(3) | 170(B)(1)(A)(VI) | 0 |
| THE LEARNING CENTER | |||||||||
| 1101 W MCKINLEY AVE | POMONA | CA | 91768 | 954686764 | EDUCATION | CA | 501(C)(3) | 170(B)(1)(A)(VI) | 0 |
| FAIRPLEX CHILD DEVELOPMENT CENTER | |||||||||
| 1101 W MCKINLEY AVE | POMONA | CA | 91768 | 954662070 | CHILDCARE/EDUCATION | CA | 501(C)(3) | 170(B)(1)(A)(VI) | 0 |
| FOUNDATIONS AT FAIRPLEX | |||||||||
| 1101 W MCKINLEY AVE | POMONA | CA | 91768 | 421637932 | EDUCATION | CA | 501(C)(3) | 170(B)(1)(A)(VI) | 0 |
Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (2 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivitiesTxt | Legal Domicile StateLegalDomicileStateCd | Direct Controlling NADirectControllingNACd |
|---|---|---|---|---|---|---|---|
| BARRETTS EQUINE SALES | |||||||
| 1101 W MCKINLEY | POMONA | CA | 91768 | 330446110 | HORSE AUCTION | CA | N/A |
| FAIRPLEX EQUINE SALES | |||||||
| 1101 W MCKINLEY | POMONA | CA | 91768 | 020629875 | HORSE SALES | CA | N/A |
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FAIRPLEX ENTERPRISES | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1101 W MCKINLEY | AddressLine1 |
| City | POMONA | City |
| State | CA | State |
| ZIP Code | 91768 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 330161150 | EIN |
| Legal Domicile State | CA | LegalDomicileStateCd |
| Entity Type | C | EntityTypeTxt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | Yes (1) | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (14 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| CORNUCOPIA FOODS | ||
| A | $3,461,749 | ACTUAL AMOUNT |
| CORNUCOPIA FOODS | ||
| N | $1,051,801 | ACTUAL AMOUNT |
| THE LEARNING CENTERS | ||
| P | $337,082 | ACTUAL AMOUNT |
| THE LEARNING CENTERS | ||
| P | $274,866 | ACTUAL AMOUNT |
| FAIRPLEX CHILD DEVELOPMENT CENTER | ||
| O | $40,000 | ACTUAL AMOUNT |
| FAIRPLEX CHILD DEVELOPMENT CENTER | ||
| Q | $19,058 | ACTUAL AMOUNT |
| CORNUCOPIA FOODS | ||
| P | $44,715 | ACTUAL AMOUNT |
| BARRETTS EQUINE SALES | ||
| A | $103,300 | ACTUAL AMOUNT |
| EPS | ||
| A | $49,414 | ACTUAL AMOUNT |
| EPS | ||
| N | $497,969 | ACTUAL AMOUNT |
| RV & BOAT STORAGE | ||
| N | $271,583 | ACTUAL AMOUNT |
| RV & BOAT STORAGE | ||
| A | $120,000 | ACTUAL AMOUNT |
| BARRETTS EQUINE SALES | ||
| N | $480,815 | ACTUAL AMOUNT |
| RV & BOAT STORAGE | ||
| O | $31,924 | ACTUAL AMOUNT |