2025-08-29T09:18:17-05:00 2024-12-31 946214841 ARMANINO ADVISORY LLC 50 W SAN FERNANDO ST STE 500 SAN JOSE CA 95113 990 2024-01-01 770399864 SANTA CLARA COUNTY FAIRGROUNDS MGMNT CORPORATION SANT 4084943131 344 TULLY ROAD SAN JOSE CA 95111 SALENE DUARTE EXECUTIVE DIRECTOR 4084943131 2025-08-27 1 1 WANWAN ZHANG P01317662 4082006400 2025-08-27 2024 2025-03-06 01:10:19Z SALENE DUARTE 344 TULLY ROAD SAN JOSE CA 95111 9683488 0 X WWW.THEFAIRGROUNDS.ORG X 1995 CA ORGANIZATION AND OPERATION OF SANTA CLARA COUNTY FAIR AND GROUNDS. 5 5 19 40 0 0 141992 323551 7153192 8283522 0 0 1125879 125832 8421063 8732905 0 0 0 0 2052754 2037390 0 0 0 8148213 6285339 10200967 8322729 -1779904 410176 6525012 6821831 1295752 1182395 5229260 5639436 X TO ENTERTAIN AND PROMOTE THE COMMUNITIES' TRADITIONS, TALENTS, DIVERSITY, VISION, AND ARCHITECTURAL HERITAGE, IN A SECURE AND FISCALLY RESPONSIBLE WAY TO PROMOTE EDUCATION FOR THE YOUTH OF THE COUNTY THROUGH EXHIBITS, VOLUNTEERING, TOURS, AND FUNDRAISING EVENTS. 0 0 1935644 2927222 PROPERTY MANAGEMENT - THE CORPORATION ENTERS INTO A LICENSE AGREEMENT WITH LICENSEES FOR THE TEMPORARY USE OF A DESIGNATED LOCATION ON THE FAIRGROUNDS FOR A SPECIFIC TERM. THE LICENSEE AGREES TO PAY THE CORPORATION A MONTHLY LICENSE FEE IN CONNECTION WITH THE PERMITTED USE. THE CORPORATION ALSO COLLECTS A MONTHLY USE FEE FROM GUESTS FOR THE TEMPORARY USES OF A DESIGNATED SPACE IN THE RECREATIONAL VEHICLE LOCATION ON THE FAIRGROUNDS. 1541910 714043 COUNTY FAIR - THE SANTA CLARA COUNTY FAIR BRINGS TOGETHER THE BEST OF THE PAST AND THE EXCITEMENT OF TODAY'S TECHNOLOGY IN PRESENTING ITS ANNUAL FAIR PROGRAMMING. THE 4H AND FFA ANIMAL EXHIBITS ALONG WITH MULTIPLE STILL EXHIBITS PROVIDES MUCH TO SEE BY YOUNG AND OLD ALIKE. IN ADDITION TO THE ABUNDANCE OF ENTERTAINMENT, THE CARNIVAL AND THE PRESENTATION OF AN INTERNATIONAL CUISINE OF FOODS PROVIDES SOMETHING FOR ALL INTEREST TO ENJOY AND SHARE. 1344371 3369831 VENUE SALES & EVENTS - THE FAIRGROUNDS OFFERS A VARIETY OF BUILDING VENUES AND AN ABUNDANCE OF ACRES OF LAND FOR CULTURAL AND COMMUNITY EVENTS THROUGHOUT THE YEAR. OFFERINGS INCLUDE CONCERTS, FAMILY FUN RUNS, TOY AND REPTILE SHOWS, FIREWORKS AND PET FRIENDLY ACTIVITIES. BUSINESSES HAVE FOUND THE FAIRGROUNDS AS THE PLACE TO HOST THEIR ALL-EMPLOYEE PARTIES WHILE THE FARMERS MARKET AND CAR SHOWS ARE ADDITIONAL ATTRACTIONS TO THE USE OF THE OFFERINGS OUTDOORS. 891254 78588 FACILITIES (SHOULD BE ALLOCATED TO EACH PROGRAMS) - INCLUDE COUNTY REIMBURSEMENT AND MISC REVENUE 844131 1254897 OFF TRACK BETTING - SAN JOSE FAIRGROUNDS BRINGS THE EXCITEMENT OF LIVE HORSERACING VIA SATELLITE ON MULTIPLE VIDEO SCREENS, INCLUDING A FUN FILLED ENVIRONMENT FOR WAGERING ON YOUR FAVORITE HORSE WHILE ENJOYING DELICIOUS FOOD AND YOUR FAVORITE DRINK. 66144 17529 HOSTED EVENTS - IN ADDITION TO THE ANNUAL COUNTY FAIR, THE CORPORATION TYPICALLY PRODUCES FOUR (4) EVENTS DURING THE YEAR: HOP 'N VINE FESTIVAL & MARKET, FOURTH OF JULY CELEBRATION, PUPTOBERFEST, AND THE WEDNESDAY NIGHT MUSIC SERIES (WNMS). REVENUES ARE GENERATED FROM ADMISSION FEES, PARKING FEES, FOOD AND BEVERAGE SALES, SPONSORSHIPS, AND VENDOR REVENUE SHARING. 1801529 1351014 6623454 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 57 0 1 19 1 0 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 0 1 0 1 0 0 0 0 1 1 1 1 1 1 1 0 CA X SANDY SHAYESTEH DIRECTOR OF IT HR & FINANCE 4084943789 344 TULLY ROAD SAN JOSE CA 95111 VICKY BOSWORTH CHAIR 3.00 X X 0 0 0 MARTIN UCOVICH VICE CHAIR 3.00 X X 0 0 0 DAVID BINI DIRECTOR 3.00 X 0 0 0 ORIN MAHONEY DIRECTOR 3.00 X 0 0 0 JEAN COHEN DIRECTOR 3.00 X 0 0 0 ABRAHAM ANDRADE - TO 060424 EXECUTIVE DIRECTOR 40.00 X 118978 0 28640 ARMANDO CARLOS - FR 070124 INTERIM EXECUTIVE DIRECTOR 40.00 X 131770 0 47787 SALENE DUARTE - FR 070124 INTERIM EXECUTIVE DIRECTOR 40.00 X 95369 0 11046 SANDY SHAYESTEH DIRECTOR OF IT, HR, & FINANCE 40.00 X 126508 0 31353 DEBBIE ABAD ACCOUNTING MANAGER 40.00 X 117521 0 29128 590146 0 147954 4 0 1 0 HALCON PROTECTION AGENCY 621 TULLY RD STE 188 SAN JOSE CA 95111 SECURITY 1297411 UNIQUE CLEANING SERVICES LLC 992 S KING RD SAN JOSE CA 95116 REPAIR & MAINTENANCE 480486 IMPERIAL FINANCIAL SERVICE LLC 4912 WINDSOR VILLAGE LANE FAIR OAKS CA 95628 ACCOUNTING CONSULTANTS 155596 FASTEST CLEANING SERVICES 992 S KING RD SAN JOSE CA 95116 REPAIR & MAINTENANCE 138377 PRXDIGITAL 991 W HEDDING STREET SUITE 201 SAN JOSE CA 95126 ADVERTISING 129141 6 300000 23551 323551 VENUE SALES & EVENT SE 721210 3369831 3369831 PROPERTY MANAGEMENT 531190 2927222 2927222 OFF-TRACK BETTING 713990 1254897 1254897 ANNUAL COUNTY FAIR 713990 714043 714043 HOSTED EVENTS 721210 17529 17529 8283522 997827 950583 47244 47244 MISCELLANEOUS REVENUE 713990 78588 78588 78588 8732905 8362110 0 47244 591451 591451 982452 963046 19406 69851 68269 1582 295069 219794 75275 98567 62786 35781 143520 143520 6771 6771 580470 351566 228904 303083 236218 66865 121161 119428 1733 1561668 1548141 13527 274877 272364 2513 30626 25115 5511 553934 210036 343898 207058 200648 6410 SECURITY AND SHERIFF 1267116 1267116 OTHER COUNTY FAIR EXPEN 595152 595152 SUPPLIES 264809 226343 38466 MISC EXPENSE 197860 97063 100797 177234 160369 16865 8322729 6623454 1699275 0 2119439 3530071 914624 232229 90577 31736 5878399 2872719 3378257 3005680 22115 22115 6525012 6821831 595889 546828 146479 142769 553384 492798 1295752 1182395 X 5229260 5639436 5229260 5639436 6525012 6821831 410176 0 X 0 1 X 1 0 X 704672 1176560 1194218 141992 323551 3540993 4203435 4674076 4754856 7153192 8283522 29069081 329404 47244 376648 5237511 5850636 5949074 7295184 8654317 32986722 0 0 0 32986722 47244 47244 73478 2842120 3498272 1125879 78588 7618337 5310989 8692756 9447346 8421063 8780149 40652303 0.81140 0.81850 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 3885808 897654 2988154 1992591 1975065 17526 3005680 CUSTOMER DEPOSITS 1000 SECURITY DEPOSITS 429390 FINANCE PURCHASE OBLIGATIONS 62408 492798 X 9696983 13495 950583 964078 8732905 0 8732905 9286807 13495 950583 964078 8322729 0 8322729 PART X, LINE 2: U.S. GAAP PROVIDES ACCOUNTING AND DISCLOSURE GUIDANCE ABOUT POSITIONS TAKEN BY AN ORGANIZATION IN ITS TAX RETURNS THAT MIGHT BE UNCERTAIN. MANAGEMENT HAS CONSIDERED ITS TAX POSITIONS AND BELIEVES THAT ALL OF THE POSITIONS TAKEN BY THE CORPORATION IN ITS FEDERAL AND STATE EXEMPT CORPORATION TAX RETURNS ARE MORE LIKELY THAN NOT TO BE SUSTAINED UPON EXAMINATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: BINGO EXPENSES 950,583. PART XII, LINE 2D - OTHER ADJUSTMENTS: BINGO EXPENSES 950,583. PART VI - RIGHT-OF-USE ASSETS IN ACCORDANCE WITH THE TERMS OF THE MANAGEMENT AGREEMENT WITH THE COUNTY OF SANTA CLARA, ALL IMPROVEMENTS BECOME THE PROPERTY OF THE COUNTY OF SANTA CLARA UPON PURCHASE, HOWEVER, THE ORGANIZATION HAS THE BENEFICIAL USE OF ALL ASSETS PURCHASED. IN THE EVENT THAT THE AGREEMENT IS CANCELED OR OTHERWISE TERMINATED IN ANY MANNER, TITLE TO THE IMPROVEMENTS SHALL BE AND REMAIN IN THE NAME OF THE COUNTY OF SANTA CLARA. SINCE THE COUNTY OF SANTA CLARA OWNS THE IMPROVEMENTS, THESE "RIGHT-OF-USE ASSETS" ARE AMORTIZED RATHER THAN DEPRECIATED BY THE ORGANIZATION OVER THEIR ESTIMATED USEFUL LIVES. THE ORGANIZATION IS RESPONSIBLE FOR MAINTAINING INSURANCE COVERAGE ON ALL IMPROVEMENTS. AT DECEMBER 31, 2024, TOTAL COST BASIS OF RIGHT-OF-USE ASSETS WAS $3,885,808 ACCUMULATED AMORTIZATION WAS $897,654, WITH A NET BOOK VALUE OF $2,988,154. 273098 349800 27640 1 0.89250 724729 499794 73349 1 0.89250 997827 849594 100989 950583 47244 CA 1 0 0 0 1.00000 0.00000 DEBORAH ABAD 344 TULLY ROAD SAN JOSE CA 95132 0 ARMANDO CARLOS 0 VOLUNTEER BINGO MANAGER MANAGES CASH AND FLASH CARDS, RECONCILES CASH WITH SALES X 1 47244 X 0 0 0 0 0 0 0 0 0 ARMANDO CARLOS - FR 070124 INTERIM EXECUTIVE DIRECTOR 131770 0 0 0 0 0 13174 0 34613 0 179557 0 0 0 SANDY SHAYESTEH DIRECTOR OF IT, HR, & FINANCE 126508 0 0 0 0 0 15709 0 15644 0 157861 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A THE BOARD DIRECTORS SHALL BE APPOINTED BY THE BOARD OF SUPERVISORS OF THE COUNTY OF SANTA CLARA. FORM 990, PART VI, SECTION A, LINE 8B THE BY-LAW SUBCOMMITTEE MEETINGS ARE DOCUMENTED. BUT THE MEETINGS OF THE SUB-COMMITTEE THAT REVIEWS THE FINANCIAL STATEMENTS ARE NOT DOCUMENTED. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS REVIEWED BY THE EXECUTIVE DIRECTOR, DEPUTY EXECUTIVE DIRECTOR AND THE ACCOUNTING MANAGER AND ANY QUESTIONS ARE RESOLVED PROIR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C SANTA CLARA COUNTY FAIRGROUNDS MANAGEMENT CORP (SCCFMC) IS A SMALL ORGANIZATION WHERE SITUATIONS OF CONFLICT OF INTEREST WILL BE MINOR. THE CONFLICT OF INTEREST POLICY STATES THAT SITUATIONS OF ACTUAL OR POTENTIAL CONFLICT OF INTEREST ARE TO BE AVOIDED BY ALL EMPLOYEES. AN EMPLOYEE INVOLVED IN ANY OF THE TYPES OF RELATIONSHIPS OR SITUATIONS DESCRIBED IN THE POLICY SHOULD IMMEDIATELY AND FULLY DISCLOSE THE RELEVANT CIRCUMSTANCES TO HIS/HER IMMEDIATE SUPERVISOR, OR ANY OTHER APPROPRIATE SUPERVISOR, FOR A DETERMINATION AS TO WHETHER A POTENTIAL OR ACTUAL CONFLICT EXISTS. IF AN ACTUAL OR POTENTIAL CONFLICT IS DETERMINED, THE CORPORATION MAY TAKE WHATEVER CORRECTIVE ACTION APPEARS APPROPRIATE ACCORDING TO THE CIRCUMSTANCES. FAILURE TO DISCLOSE FACTS SHALL CONSTITUTE GROUNDS FOR DISCIPLINARY ACTION. BOARD MEMBERS ARE APPOINTED BY A MEMBER OF THE SANTA CLARA COUNTY BOARD OF SUPERVISORS. THE BOARD OF SUPERVISORS THEREFORE EFFECTIVELY CONTROLS SCCFMC, EVEN THOUGH SCCFMC IS TECHNICALLY A SEPARATE, FREE-STANDING NON-PROFIT ORGANIZATION. SCCFMC PROVIDES ALL FINANCIAL AND OTHER REPORTS TO THE COUNTY OF SANTA CLARA, WHOSE STAFF MEMBERS ARE CONSTANTLY OVER-SEEING WHAT SCCFMC IS DOING. MANAGEMENT STAFF ARE REQUIRED TO ANNUALLY COMPLETE AND DISCLOSE ON FORM 700 - STATEMENT OF ECONOMIC INTERESTS, ANY CONFLICTS OF INTEREST. FORM 700 IS A PUBLIC DOCUMENT. FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION LEVELS ARE DETERMINED ACCORDING TO A WAGE AND SALARY SCALE THAT IS APPROVED BY THE BOARD OF DIRECTORS. WAGE AND SALARY LEVELS ARE DETERMINED ACCORDING TO PREVAILING RATES FOR SIMILAR POSITIONS IN OTHER BAY AREA ORGANIZATIONS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND THE FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FINANCIAL STATEMENTS ARE ALSO PROVIDED TO THE COUNTY OF SANTA CLARA AND PLACED ON ITS WEBSITE AVAILABLE TO THE GENERAL PUBLIC. SANTA CLARA COUNTY 70 WEST HEDDING ST SAN JOSE CA 95110 GOVERNMENTAL ENTITY CA 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0