Nonprofit · EIN 42-0185302
CLAY COUNTY FAIR ASSOCIATION
Tax-exempt · SPENCER, IA 51301
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $5,010,594 | $5,169,895 | -$159,301 | $7,598,256 | $2,403,687 | $5,194,569 |
| December 31, 2024 | 990 | $234,537 | $361,952 | -$127,415 | $7,722,415 | $2,370,045 | $5,352,370 |
| October 31, 2024 | 990 | $4,794,406 | $4,773,326 | $21,080 | $7,932,681 | $2,452,896 | $5,479,785 |
| October 31, 2023 | 990 | $4,783,385 | $4,333,992 | $449,393 | $8,063,155 | $2,606,350 | $5,456,805 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $572,812
- of which government grants
- $508,030
- Program service revenue
- $3,727,340
- Investment income
- $32,339
- Net gain from sales of assets
- $7,669
- Net income from sales of inventory
- $140,917
- Other revenue
- $678,103
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $1,116,395
- Salaries, compensation and benefits (total)
- $1,326,078
- Professional fundraising fees
- $0
- Occupancy
- $307,615
- Depreciation
- $349,406
- Program services (functional)
- $5,169,895
Balance sheet and other
- Total assets, start of year
- $7,722,415
- Total assets, end of year
- $7,598,256
- Total liabilities, end of year
- $2,403,687
- Net assets, end of year
- $5,194,569
- Land, buildings and equipment
- $6,469,179
- Net assets without donor restrictions
- $5,007,935
- Net assets with donor restrictions
- $186,634
- Gross unrelated business income
- $673,873
- Gross receipts
- $5,136,774
- Employees
- 306
- Volunteers
- 25
- Year formed
- 1917
- State of legal domicile
- IA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JASON BROCKSHUS | CEO/MNGR/SEC Officer | 40 | $109,306 |
| GREG LEAR | Chairman Trustee or director, Officer | 1 | $0 |
| JOHN ZINN | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 |
| JOEL STAVE | Treasurer Trustee or director, Officer | 1 | $0 |
| STEVE WALLER | EXECUTIVE COMIT Trustee or director, Officer | 1 | $0 |
| KEVIN TLAM | EXECUTIVE COMIT Trustee or director, Officer | 1 | $0 |
| DENNIS LARSON | EXECUTIVE COMIT Trustee or director, Officer | 1 | $0 |
| GAYLE SIMONS | EXECUTIVE COMIT Trustee or director, Officer | 1 | $0 |
| DOUG BIEDENFELD | EXECUTIVE COM Trustee or director, Officer | 1 | $0 |
| DANA METCALF | EXECUTIVE COMIT Trustee or director, Officer | 1 | $0 |
| TRACY SMALL | EXECUTIVE COMIT Trustee or director, Officer | 1 | $0 |
| JEFF BOHNENKAMP | Director Trustee or director | 1 | $0 |
| KEITH KRUSE | Director Trustee or director | 1 | $0 |
| MICHAEL BRYAN | Director Trustee or director | 1 | $0 |
| TOM OLIN | Director Trustee or director | 1 | $0 |
13 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JOANNE FOLLON | Director Trustee or director | 1 | $0 |
| QUINTON HARMON | Director Trustee or director | 1 | $0 |
| KATHY ANDERSON | Director Trustee or director | 1 | $0 |
| MARCIA LANGER | Director Trustee or director | 1 | $0 |
| MARK REES | Director Trustee or director | 1 | $0 |
| MARY JO SMITH | Director Trustee or director | 1 | $0 |
| KAREN SCHWALLER | Director Trustee or director | 1 | $0 |
| JOE SIMINGTON | Director Trustee or director | 1 | $0 |
| BRENT CUTTELL | Director Trustee or director | 1 | $0 |
| VERDON SCHMIDT | Director Trustee or director | 1 | $0 |
| CHUCK WHITE | Director Trustee or director | 1 | $0 |
| BONNIE PULLEN-LEHMAN | Director Trustee or director | 1 | $0 |
| DAVE CHAPMAN | Director Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 28 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEROME HERTEL | CEO/MNGR/SEC Officer | 40 | $64,317 |
| GREG LEAR | Chairman Trustee or director, Officer | 1 | $0 |
| TRACY SMALL | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 |
| DENNIS LARSON | Treasurer Trustee or director, Officer | 1 | $0 |
| STEVE WALLER | EXECUTIVE COMIT Trustee or director, Officer | 1 | $0 |
| KEVIN TLAM | EXECUTIVE COMIT Trustee or director, Officer | 1 | $0 |
| JOEL STAVE | EXECUTIVE COMIT Trustee or director, Officer | 1 | $0 |
| GAYLE SIMONS | EXECUTIVE COMIT Trustee or director, Officer | 1 | $0 |
| DOUG BIEDENFELD | EXECUTIVE COM Trustee or director, Officer | 1 | $0 |
| DANA METCALF | EXECUTIVE COMIT Trustee or director, Officer | 1 | $0 |
| JOHN ZINN | EXECUTIVE COMIT Trustee or director, Officer | 1 | $0 |
| JEFF BOHNENKAMP | Director Trustee or director | 1 | $0 |
| DAVID BRUGMAN | Director Trustee or director | 1 | $0 |
| MICHAEL BRYAN | Director Trustee or director | 1 | $0 |
| TOM OLIN | Director Trustee or director | 1 | $0 |
| JOANNE FOLLON | Director Trustee or director | 1 | $0 |
| QUINTON HARMON | Director Trustee or director | 1 | $0 |
| KATHY ANDERSON | Director Trustee or director | 1 | $0 |
| MARCIA LANGER | Director Trustee or director | 1 | $0 |
| MARK REES | Director Trustee or director | 1 | $0 |
| TERESA SCHOELERMAN | Director Trustee or director | 1 | $0 |
| KAREN SCHWALLER | Director Trustee or director | 1 | $0 |
| JOE SIMINGTON | Director Trustee or director | 1 | $0 |
| BRENT CUTTELL | Director Trustee or director | 1 | $0 |
| VERDON SCHMIDT | Director Trustee or director | 1 | $0 |
| CHUCK WHITE | Director Trustee or director | 1 | $0 |
| BONNIE PULLEN-LEHMAN | Director Trustee or director | 1 | $0 |
| KATE RINEHART | Director Trustee or director | 1 | $0 |
990 for the year ended October 31, 2024: 28 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEROME HERTEL | CEO/MNGR/SEC Officer | 40 | $64,317 |
| GREG LEAR | Chairman Trustee or director, Officer | 1 | $0 |
| TRACY SMALL | VICE CHAIRMAN Trustee or director, Officer | 1 | $0 |
| DENNIS LARSON | Treasurer Trustee or director, Officer | 1 | $0 |
| STEVE WALLER | EXECUTIVE COMIT Trustee or director, Officer | 1 | $0 |
| KEVIN TLAM | EXECUTIVE COMIT Trustee or director, Officer | 1 | $0 |
| JOEL STAVE | EXECUTIVE COMIT Trustee or director, Officer | 1 | $0 |
| GAYLE SIMONS | EXECUTIVE COMIT Trustee or director, Officer | 1 | $0 |
| DOUG BIEDENFELD | EXECUTIVE COM Trustee or director, Officer | 1 | $0 |
| DANA METCALF | EXECUTIVE COMIT Trustee or director, Officer | 1 | $0 |
| JOHN ZINN | EXECUTIVE COMIT Trustee or director, Officer | 1 | $0 |
| JEFF BOHNENKAMP | Director Trustee or director | 1 | $0 |
| DAVID BRUGMAN | Director Trustee or director | 1 | $0 |
| MICHAEL BRYAN | Director Trustee or director | 1 | $0 |
| TOM OLIN | Director Trustee or director | 1 | $0 |
| JOANNE FOLLON | Director Trustee or director | 1 | $0 |
| QUINTON HARMON | Director Trustee or director | 1 | $0 |
| KATHY ANDERSON | Director Trustee or director | 1 | $0 |
| MARCIA LANGER | Director Trustee or director | 1 | $0 |
| MARK REES | Director Trustee or director | 1 | $0 |
| TERESA SCHOELERMAN | Director Trustee or director | 1 | $0 |
| KAREN SCHWALLER | Director Trustee or director | 1 | $0 |
| JOE SIMINGTON | Director Trustee or director | 1 | $0 |
| BRENT CUTTELL | Director Trustee or director | 1 | $0 |
| VERDON SCHMIDT | Director Trustee or director | 1 | $0 |
| CHUCK WHITE | Director Trustee or director | 1 | $0 |
| BONNIE PULLEN-LEHMAN | Director Trustee or director | 1 | $0 |
| KATE RINEHART | Director Trustee or director | 1 | $0 |
990 for the year ended October 31, 2023: 28 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEROME HERTEL | CEO/MNGR/SEC Officer | 40 | $0 |
| STEVE WALLER | CHAIRMAN Trustee or director, Officer | 1 | $0 |
| DANA METCALF | VICE CHAIRMA Trustee or director, Officer | 1 | $0 |
| DENNIS LARSON | TREASURER Trustee or director, Officer | 1 | $0 |
| KATHY ANDERSON | EXECUTIVE CO Trustee or director, Officer | 1 | $0 |
| VERDON SCHMIDT | EXECUTIVE CO Trustee or director, Officer | 1 | $0 |
| GREG LEAR | EXECUTIVE CO Trustee or director, Officer | 1 | $0 |
| GAYLE SIMONS | EXECUTIVE CO Trustee or director, Officer | 1 | $0 |
| DOUG BIEDENFELD | EXECUTIVE CO Trustee or director, Officer | 1 | $0 |
| TRACY SMALL | EXECUTIVE CO Trustee or director, Officer | 1 | $0 |
| JOHN ZINN | EXECUTIVE CO Trustee or director, Officer | 1 | $0 |
| JEFF BOHNENKAMP | DIRECTOR Trustee or director | 1 | $0 |
| DAVID BRUGMAN | DIRECTOR Trustee or director | 1 | $0 |
| MICHAEL BRYAN | DIRECTOR Trustee or director | 1 | $0 |
| TOM OLIN | DIRECTOR Trustee or director | 1 | $0 |
| JOANNE FOLLON | DIRECTOR Trustee or director | 1 | $0 |
| QUINTON HARMON | DIRECTOR Trustee or director | 1 | $0 |
| CINDY KRESS | DIRECTOR Trustee or director | 1 | $0 |
| MARCIA LANGNER | DIRECTOR Trustee or director | 1 | $0 |
| MARK REES | DIRECTOR Trustee or director | 1 | $0 |
| TERESA SCHOELERMAN | DIRECTOR Trustee or director | 1 | $0 |
| KAREN SCHWALLER | DIRECTOR Trustee or director | 1 | $0 |
| JOE SIMINGTON | DIRECTOR Trustee or director | 1 | $0 |
| JOEL STAVE | DIRECTOR Trustee or director | 1 | $0 |
| KEVIN TLAM | DIRECTOR Trustee or director | 1 | $0 |
| CHUCK WHITE | DIRECTOR Trustee or director | 1 | $0 |
| BONNIE PULLEN-LEHMAN | DIRECTOR Trustee or director | 1 | $0 |
| KATE RINEHART | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 527, SPENCER, IA 51301-0527
- Principal officer (990 for 2025)
- JASON BROCKSHUS, PO BOX 527, SPENCER, IA 513010527
- Signed the 990
- GREG LEAR, Chairman
- Phone
- (712) 580-3000
- Website
- www.claycountyfair.com
- Return prepared by
- Campbell Higgins & Mummert PC
Mission
MANAGEMENT AND PRODUCTION OF THE CLAY COUNTY FAIR.
Program accomplishments
- TO PROMOTE AGRICULTURE BY PROVIDING FACILITIES AND MANAGEMENT OF THE CLAY COUNTY FAIRGROUNDS. THE ASSOCIATION PRODUCES AN ANNUAL NINE-DAY EXHIBITION KNOWN AS THE CLAY COUNTY FAIR, WHICH CONSISTS OF VARIOUS EVENTS IN THE AREAS OF COMPETITION, ENTERTAINMENT, AND COMMERCIAL EXHIBITION.Expenses $5,169,895
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | Check at the IRS |
IRS record
- EIN
- 42-0185302
- Tax-exempt status
- 501(c)(5): Labor, agricultural or horticultural organization
- Donations deductible
- No
- Exempt since
- 1940
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $7,598,256
- Income (IRS master file)
- $5,136,774
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $5,010,594 | $5,169,895 | $7,598,256 | XML |
| 990 | December 2024 | $234,537 | $361,952 | $7,722,415 | XML |
| 990 | October 2024 | $4,794,406 | $4,773,326 | $7,932,681 | XML |
| 990 | October 2023 | $4,783,385 | $4,333,992 | $8,063,155 | XML |
| 990 | October 2022 | $4,413,917 | $4,434,174 | $7,935,032 | IRS |
| 990 | October 2021 | – | – | – | IRS |
| 990 | October 2020 | – | – | – | IRS |
| 990 | October 2019 | – | – | – | IRS |
| 990 | October 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 42-0185302).
Questions about CLAY COUNTY FAIR ASSOCIATION
- What is the EIN of CLAY COUNTY FAIR ASSOCIATION?
- The employer identification number (EIN) of CLAY COUNTY FAIR ASSOCIATION is 42-0185302.
- Is CLAY COUNTY FAIR ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(5) since 1940.
- Are donations to CLAY COUNTY FAIR ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CLAY COUNTY FAIR ASSOCIATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CLAY COUNTY FAIR ASSOCIATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CLAY COUNTY FAIR ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of CLAY COUNTY FAIR ASSOCIATION?
- The 990 for the year ended December 31, 2025 names JASON BROCKSHUS.
- Who are the officers and directors of CLAY COUNTY FAIR ASSOCIATION?
- The 990 for the year ended December 31, 2025 lists 28 people; 1 received compensation from the organization, the highest $109,306 (JASON BROCKSHUS, CEO/MNGR/SEC).
- How much revenue does CLAY COUNTY FAIR ASSOCIATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $5,010,594, expenses of $5,169,895 and total assets of $7,598,256 at year end.
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- SPENCER REGIONAL HEALTHCARE FOUNDATION EIN 42-1416816 · last filed 990 for 2025
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