Form 990 for tax year 2022
Filed by SAN MATEO COUNTY EXPOSTION AND FAIR ASSOCIATION.
Totals
- Total revenue
- $13,446,045
- Total expenses
- $11,411,866
- Contributions and grants received
- $681,500
- Grants paid
- $0
- Program service revenue
- $12,668,992
- Investment income
- $95,553
- Other revenue
- $0
- Total assets, end of year
- $13,143,970
- Total liabilities, end of year
- $679,873
- Net assets or fund balances, end of year
- $12,464,097
- Program services expenses (Part IX)
- $11,411,866
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $11,411,866
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$681,500
-
2a · Program service revenue: FACILITIES
total $3,722,021 · related or exempt $3,722,021
-
2b · Program service revenue: FAIR
total $2,352,264 · related or exempt $2,352,264
-
2c · Program service revenue: JOCKEY CLUB
total $2,124,366 · related or exempt $2,124,366
-
2d · Program service revenue: RV PARK
total $1,853,439 · related or exempt $1,853,439
-
2e · Program service revenue: FOOD AND BEVERAGE
total $1,323,772 · related or exempt $1,323,772
-
2f · All other program service revenue
total $1,293,130 · related or exempt $1,293,130
-
3 · Investment income
total $95,553 · excluded $95,553
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $257,813 · program services $257,813
-
7 · Other salaries and wages
total $4,328,682 · program services $4,328,682
-
8 · Pension plan contributions
total $27,276 · program services $27,276
-
9 · Other employee benefits
total $115,901 · program services $115,901
-
10 · Payroll taxes
total $86,746 · program services $86,746
-
11b · Fees: legal
total $63,143 · program services $63,143
-
11g · Fees: other
total $667,310 · program services $667,310
-
12 · Advertising and promotion
total $319,529 · program services $319,529
-
13 · Office expenses
total $310,090 · program services $310,090
-
14 · Information technology
total $235,239 · program services $235,239
-
17 · Travel
total $27,506 · program services $27,506
-
22 · Depreciation, depletion and amortization
total $150,084 · program services $150,084
-
23 · Insurance
total $437,811 · program services $437,811
-
24a · Other expenses: OPERATING EXPENSES
total $650,730 · program services $650,730
-
24b · Other expenses: UTILITIES
total $561,793 · program services $561,793
-
24c · Other expenses: BUILDING MAINTENANCE
total $407,086 · program services $407,086
-
24d · Other expenses: EQUIPMENT
total $386,275 · program services $386,275
-
24e · All other expenses
total $2,378,852 · program services $2,378,852
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,539,737 · end of year $1,586,177
-
2 · Savings and temporary cash investments
beginning of year $7,123,393 · end of year $9,218,946
-
4 · Accounts receivable
beginning of year $2,357,467 · end of year $142,953
-
8 · Inventories for sale or use
beginning of year $66,284 · end of year $53,856
-
9 · Prepaid expenses and deferred charges
beginning of year $64,550 · end of year $56,676
-
10a · Land, buildings and equipment: cost or other basis
$9,790,888
-
10b · Land, buildings and equipment: accumulated depreciation
$8,922,573
-
10c · Land, buildings and equipment, net
beginning of year $557,648 · end of year $868,315
-
15 · Other assets
beginning of year $582,544 · end of year $1,217,047
-
17 · Accounts payable and accrued expenses
beginning of year $602,500 · end of year $221,724
-
19 · Deferred revenue
beginning of year $380,440 · end of year $325,737
-
24 · Unsecured notes and loans payable
beginning of year $681,500
-
25 · Other liabilities
beginning of year $187,732 · end of year $132,412
-
27 · Net assets without donor restrictions
beginning of year $10,439,451 · end of year $12,464,097
Mission and programs · 2022
Mission
THE PURPOSE OF THE SAN MATEO COUNTY EVENT CENTER IS TO PRODUCE THE ANNUAL SAN MATEO COUNTY FAIR AND PROVIDE FACILITIES AND GOUNDS THAT CAN BE USED FOR EVENTS, CONVENTIONS, SHOWS, EXPOSITIONS, TRAINING AND EDUCATION SEMINARS DURING THE YEAR. THE ASSOCIATION'S FACILITIES AND GROUNDS ARE ALSO USED BY THE VARIOUS COUNTY AND CITY AGENCIES FOR TAINING AND PUBLIC EVENTS.
-
THE ASSOCIATION OPERATES THE SAN MATEO EVENT CENTER (FAIRGROUNDS) UNDER CONTRACT WITH THE COUNTY OF SAN MATEO. THE EVENT CENTER PROVIDES A VENUE FOR PUBLIC AND PRIVATE SHOWS, WHICH INCLUDES THE ANNUAL SAN MATEO COUNTY FAIR, FACILITIES RENTALS, THE JOCKEY CLUB, PARKING AND RV PARK, AND FOOD AND BEVERAGES.
Expenses $11,411,866 · Revenue $12,668,992
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Steven WongSTEVEN WONG
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Rosanne FoustROSANNE FOUST
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 2
-
Leonard IniguezLEONARD INIGUEZ
SECRETARY/TR
- Total calculated
- $0
- Hours/week
- 2
-
Thomas AmesTHOMAS AMES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Amy BuckmasterAMY BUCKMASTER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Theresa FaapuaaTHERESA FAAPUAA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Kari FoppianoKARI FOPPIANO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Raymond JuballaRAYMOND JUBALLA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Kitty LopezKITTY LOPEZ
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Rowena Poti MeafuaROWENA POTI MEAFUA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
James TuckerJAMES TUCKER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 2
-
Dana StoehrDANA STOEHR
CEO
- Total calculated
- $257,813
- From this org
- $257,813
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $257,813
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $257,813
-
Charlene KingCHARLENE KING
- Total calculated
- $175,439
- From this org
- $175,439
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $175,439
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $175,439
-
Darryl ReavisDARRYL REAVIS
- Total calculated
- $171,512
- From this org
- $171,512
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $171,512
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported
- Nontaxable benefits
- not reported
- Filer's total
- $171,512
-
Justin AquinoJUSTIN AQUINO
- Total calculated
- $134,906
- From this org
- $134,906
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
-
Stephen RoachSTEPHEN ROACH
- Total calculated
- $140,643
- From this org
- $140,643
- From related orgs
- $0
- Other
- $0
- Hours/week
- 40
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Written employment contract
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202343179349302194
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