2024-11-14T14:02:30-06:00 2023-12-31 450250958 EIDE BAILLY LLP 10681 FOOTHILL BLVD STE 300 RANCHO CUCAMONGA CA 917303831 990 2023-01-01 951660585 LOS ANGELES COUNTY FAIR ASSOCIATION LOSA 9096233111 1101 W MCKINLEY POMONA CA 91768 STEVE BIRDWELL CFO 9096233111 2024-11-14 1 0 CATHERINE L GRAY CPA P01294460 9094664410 2024-11-14 2023 2024-10-15 13:58:12Z STEVE BIRDWELL 1101 W MCKINLEY POMONA CA 91768 69453074 0 X WWW.FAIRPLEX.COM X 1922 CA 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 13 13 547 220 25875228 0 4619723 0 41076420 35302677 54479 951614 29238274 33115928 74988896 69370219 0 0 0 0 15587879 17579587 0 0 0 49425660 52953335 65013539 70532922 9975357 -1162703 105141663 105461441 41934445 42808749 63207218 62652692 THE LOS ANGELES COUNTY FAIR ENRICHES LIVES BY ENTERTAINING AND EDUCATING OUR DIVERSE COMMUNITY WHILE CREATING UNIQUE AND MEMORABLE EXPERIENCES. 0 0 YEAR-ROUND FAIR-TYPE EVENTS: LACFA RENTS ITS FACILITIES TO VARIOUS OUTSIDE PROMOTERS OF EVENTS WHICH INCLUDE EQUINE, HOME, CRAFT, MOTOR, ELECTRONIC, AND OTHER SHOWS. IN 2023, AS WE CONTINUED TO HEAD OUT OF THE PANDEMIC, WE SAW A NORMALCY RETURN TO OUR FAIRGROUNDS. EVEN THOUGH EVENTS RETURNED, THE NUMBER OF EVENTS HAVE NOT RETURNED TO PRE-PANDEMIC PERIODS. 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. IN 2023, THE ANNUAL COUNTY FAIR CAME BACK FROM A 3 YEAR HIATUS , WITH THE EXCEPTION OF THE FAIR BEING IN MAY FOR THE 1ST TIME IN ITS 100 YEAR OF EXISTENCE. IN ITS 100 YEARS OF HISTORY, SEPTEMBER WAS THE MONTH THE FAIR WAS NORMALLY PUT ON. 0 0 0 0 0 0 1 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 80 0 1 547 1 1 1 0 0 0 0 0 0 0 X 13 13 0 0 1 0 1 1 0 1 0 0 0 1 1 1 1 1 1 1 1 1 1 CA X STEVE BIRDWELL 9096233111 1101 W MCKINLEY AVE POMONA CA 91786 DEVORAH LIEBERMAN DIRECTOR 2.00 X 0 0 0 HEIDI GALLEGOS DIRECTOR 2.00 X 0 0 0 JOHN LANDHERR CHAIR 2.00 X X 0 0 0 MIKE DRIEBE VICE CHAIR 2.00 X X 0 0 0 LINDA BOSSERMAN SECRETARY 2.00 X X 0 0 0 GERALD FREENY DIRECTOR 2.00 X 0 0 0 GILBERT IVEY DIRECTOR 2.00 X 0 0 0 KIANA WEBB DIRECTOR 2.00 X 0 0 0 CIRIACO Q PINEDO DIRECTOR 2.00 X 0 0 0 HEIDI HANSON CHAIR 2.00 X X 0 0 0 MARGARITA LUNA DIRECTOR 2.00 X 0 0 0 PETER HIDALGO DIRECTOR 2.00 X 0 0 0 TAMELA OMOTO FRIAS DIRECTOR 2.00 X 0 0 0 LUPITA SANCHEZ-COREJO DIRECTOR-ELECT 2.00 X 0 0 0 CIELO CASTRO CHIEF OF STAFF 40.00 X 118208 0 7128 STEVE BIRDWELL CFO 40.00 X 277721 0 16747 WALTER MARQUEZ CEO/PRESIDENT 40.00 X 412000 0 10647 BARRY GILLIES DIRECTOR OF PROPERTY OPERA 40.00 X 171144 0 21667 GENEVA MOODY DIRECTOR OF HUMAN RESOURCE 40.00 X 168666 0 10212 ROBERT VIRAMONTES TLC 40.00 X 175000 0 10718 MARCUS JACKSON DIRECTOR OF SALES 40.00 X 199573 0 19132 JUAN SOTO ACCOUNTING 40.00 X 146058 0 22041 1668370 0 118292 15 0 1 0 STAFFPRO 5455 GARDEN GROVE BLVD SUITE 600 WESTMINSTER CA 92683 SECURITY SERVICES 3204281 PARK WEST LANDSCAPE MAINTENANCE 22421 GILBERTO SUITE A RANCHO SANTA MARGARITA CA 92688 LANDSCAPE 1538436 OVATIONS FOOD SERVICES 1101 W MC KINLEY AVE POMONA CA 91768 FOOD SERVICE 1138244 REVOLUTION MEDIA INC 21051 WARNER CENTER SUITE 250 WOODLAND HILLS CA 91367 MEDIA SERVICES 1083652 PRIORITY BUILDING SERVICES LLC 1524 W MABLE ST ANAHEIM CA 92802 JANITORIAL MAINTENANCE 935260 62 FAIR 900099 30141737 30141737 PARI-MUTUEL 711210 1857461 1857461 SPONSORSHIPS 900099 1705297 1705297 HHS FEMA 900099 1598182 1598182 35302677 951614 951614 3434547 82855 3351692 3351692 470014 2881678 HOTEL REVENUE 721110 18524138 18524138 PARKING 812930 3511013 2134141 1376872 RV/TRAILER PARK 721210 2663415 2663415 5065670 2224881 2840789 29764236 69370219 39661699 25875228 3833292 X 842451 11517247 640517 3021997 1557375 846808 2133 15452653 1960531 1838807 6753594 232481 1887611 5730987 1994041 REPAIRS & MAINTENANCE 2886825 EQUIPMENT RENTAL 2214245 SECURITY 1882558 SUPPLIES 1598318 7671743 70532922 25486851 26639012 3313779 6470644 103437 90697 957012 1117164 190961880 123102507 71340683 67859373 1448462 88274 2491439 3196277 105141663 105461441 2732947 3717728 2935717 2698645 31290595 30693999 4975186 5698377 41934445 42808749 X 63207218 62652692 63207218 62652692 105141663 105461441 X -1162703 606577 1600 X 0 1 X 1 0 X X 0 368808 368808 190593072 123102507 67490565 67859373 ACCRUED LIABILITY 5698377 5698377 X PART III, LINE 4: LACFA HOLDS VARIOUS WORKS OF ART FROM MOSTLY CALIFORNIA ARTISTS. THIS ART WORK IS DISPLAYED THROUGHOUT THE YEAR, INCLUDING THE ANNUAL L. A. COUNTY FAIR, FOR PUBLIC EXHIBITION. 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 XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE X X X X 0 0 0 WALTER MARQUEZ CEO/PRESIDENT 412000 0 0 0 0 0 9900 0 747 0 422647 0 0 0 STEVE BIRDWELL CFO 277721 0 0 0 0 0 14664 0 2083 0 294468 0 0 0 MARCUS JACKSON DIRECTOR OF SALES 199573 0 0 0 0 0 10952 0 8180 0 218705 0 0 0 BARRY GILLIES DIRECTOR OF PROPERTY OPERA 171144 0 0 0 0 0 0 9227 0 12440 171144 21667 0 0 ROBERT VIRAMONTES TLC 175000 0 0 0 0 0 10380 0 338 0 185718 0 0 0 GENEVA MOODY DIRECTOR OF HUMAN RESOURCE 168666 0 0 0 0 0 9666 0 546 0 178878 0 0 0 JUAN SOTO ACCOUNTING 146058 0 0 0 0 0 7640 0 14401 0 168099 0 0 0 FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS WERE UPDATED FOR THE FOLLOWING CHANGES: 1. CLARIFIES THE PROCESS AND REQUIREMENTS FOR THE BOARD OF DIRECTORS GRANTING DIRECTOR EMERITUS STATUS. 2. ALLOWS FOR THE BOARD TO DESIGNATE THE BOARD OF DIRECTORS' ANNUAL MEETING DATE. 3. SEPARATES THE CHAIR/VICE CHAIR ELECTION AND TERMS FROM ITS CURRENT TIE-IN TO THE FAIR. 4. CHANGED ALL REFERENCES OF CHAIRMAN TO CHAIR IN THE BYLAWS. 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 A, LINE 8B THE ORGANIZATION DOES NOT HAVE A COMMITTEE WITH AUTHORITY TO ACT ON ITS BEHALF. FORM 990, PART VI, SECTION B, LINE 11B EACH BOARD MEMBER WAS GIVEN AN OPPORTUNITY TO REVIEW A COPY OF THE FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C BOARD DISCLOSURES ARE REVIEWED PERIODICALLY BY THE DIRECTOR OF HUMAN RESOURCES. WHEN A CONFLICT ARISES WITH THE BOAR, THE BOARD MEMBER IS ASKED TO RECUSE HIMSELF/HERSELF 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 BENCHMARKING STUDIES OF COMPENSATION OVER THE LAST SEVERAL YEARS THROUGH THE USE OF EXPERT CONSULTANTS. AS RECENTLY AS OCTOBER, 2020, THE COMMITTEE ENGAGED KORN FERRY HAY, INC GROUP TO DO A FULL REVIEW OF EXECUTIVE COMPENSATION. IN THEIR REVIEW, KORN FERRY HAY GROUP, INC. 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 COMPENSATION COMMITTEE REVIEWED KORN FERRY'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 11G OUTSIDE SERVICES-TEMPORARY LABOR 3,090,337. OUTSIDE SERVICES 6,757,898. OUTSIDE SERVICES-ENTERTAINMENT 2,865,556. CONSULTING 182,138. PROFESSIONAL FEES 2,556,724. FORM 990, PART IX, LINE 24E FOOD MATERIAL SUPPLIES 1,421,846. DONATIONS 1,396,609. TAXES, LICENSES & FEES 1,239,041. RENT & PROPERTY TAX- HOTEL 803,424. GUEST RELATIONS 605,154. ADMINISTRATIVE 513,558. LAUNDRY 359,200. SIGNS & BANNERS 326,438. GAS & OIL 304,052. DUES & MEMBERSHIPS 206,599. JUDGING TROPHIES 197,389. TELEPHONE 192,754. CHINA/FLATWARE 76,614. UNIFORMS 29,065. FORM 990, PART XI, LINE 9: K-1 INCOME - FAIRPLEX EQUINE SALES LLC 1,360. K-1 INCOME - BARRETTS EQUINE LTD. 240. CORNUCOPIA FOODS LLC 1101 W MCKINLEY AVE POMONA CA 91768 030537127 FOOD AND BEVERAGE SALE CA 258000 2080661 LOS ANGELES COUNTY FAIR ASSOCIATION FAIRPLEX RV AND BOAT STORAGE LLC 1101 W MCKINLEY AVE POMONA CA 91768 272164622 STORAGE FACILITY CA 999979 2098002 LOS ANGELES COUNTY FAIR ASSOCIATION EVENT PRODUCTION SOLUTIONS LLC 1101 W MCKINLEY AVE POMONA CA 91768 272164467 EVENT EQUIPMENT RENTAL CA 0 7986 LOS ANGELES COUNTY FAIR ASSOCIATION THE LEARNING CENTER 1101 W MCKINLEY AVE POMONA CA 91768 954686764 EDUCATION CA 501(C)(3) LINE 7 0 FAIRPLEX CHILD DEVELOPMENT CENTER 1101 W MCKINLEY AVE POMONA CA 91768 954662070 CHILDCARE/EDUCATION CA 501(C)(3) LINE 7 0 BARRETTS EQUINE LLC 1101 W MCKINLEY POMONA CA 91768 330446110 HORSE AUCTION CA N/A 0 0 FAIRPLEX EQUINE SALES 1101 W MCKINLEY POMONA CA 91768 020629875 HORSE SALES CA N/A 0 0 FAIRPLEX ENTERPRISES 1101 W MCKINLEY POMONA CA 91768 330161150 EMPLOYEE LEASING CA C 219038 1.00000 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 FAIRPLEX CHILD DEVELOPMENT CENTER O 472919 ACTUAL AMOUNT THE LEARNING CENTERS O 636824 ACTUAL AMOUNT FAIRPLEX CHILD DEVELOPMENT CENTER Q 422389 ACTUAL AMOUNT