2023-11-15T16:46:33-06:00 2022-12-31 450250958 EIDE BAILLY LLP 10681 FOOTHILL BLVD STE 300 RANCHO CUCAMONGA CA 917303831 990 2022-01-01 951660585 LOS ANGELES COUNTY FAIR ASSOCIATION LOSA 9096233111 1101 W MCKINLEY POMONA CA 91768 WALTER MARQUEZ CFO 9096233111 2023-11-15 1 WALTER MARQUEZ 999009999 0 CATHERINE L GRAY CPA P01294460 9094664410 2023-11-14 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z STEVE BIRDWELL 1101 W MCKINLEY POMONA CA 91768 75038114 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 13 510 200 23481731 0 4756 4619723 32593659 41076420 -17963 54479 25108863 29238274 57689315 74988896 0 0 0 0 4716790 15587879 0 0 0 30148950 49425660 34865740 65013539 22823575 9975357 119881793 105141663 73887722 41934445 45994071 63207218 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 2022, 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 2022, THE ANNUAL COUNTY FAIR CAME BACK FROM A 2 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 1 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 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 137 0 1 510 1 1 1 0 0 0 0 0 0 0 X 13 13 0 0 0 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 VICE CHAIR 2.00 X X 0 0 0 MIKE DRIEBE DIRECTOR 2.00 X 0 0 0 LINDA BOSSERMAN SECRETARY 2.00 X X 0 0 0 RICHARD MARTINEZ 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 WALTER MARQUEZ CEO/CFO 40.00 X 422146 0 0 CIELO CASTRO CHIEF OF STAFF 40.00 X 221887 0 15459 STEVE BIRDWELL CFO AFTER 11/14/22 1.00 X 26442 0 0 BARRY GILLIES DIRECTOR OF PROPERTY OPERA 40.00 X 125053 0 10266 GENEVA MOODY DIRECTOR OF HUMAN RESOURCE 40.00 X 121225 0 3218 NENA HERNANDEZ ASSIS DIR OF COMMUNITY ENGAGMENT 40.00 X 103038 0 4211 MARCUS JACKSON DIRECTOR OF SALES 40.00 X 123046 0 1305 1142837 0 34459 8 0 1 0 STAFFPRO 1400 N HARBO BLVD 7TH FLOOR FULLERTON CA 92835 SECURITY SERVICES 3229320 HAAS & WILKERSON PO BOX 2946 SHAWNEE MISSION KS 66201 LEGAL SERVICES 1669285 PARK WEST LANDSCAPE MAINTENANCE 22421 GILBERTO SUITE A RANCHO SANTA MARGARITA CA 92688 LANDSCAPE 1571705 PRIORITY BUILDING SERVICES LLC 1524 W MABLE ST ANAHEIM CA 92802 JANITORIAL MAINTENANCE 1001003 TRINITY FACILITY SERVICES 2061 WRIGHT AVE SUITE A5 LAVERNE CA 91750 JANITORIAL MAINTENANCE 917886 49 4619723 4619723 FAIR 900099 32211325 32211325 HHS FEMA 900099 6373111 6373111 SPONSORSHIPS 900099 1810632 1810632 PARI-MUTUEL 711210 681352 681352 41076420 33912 33912 2627934 49218 2578716 2578716 394190 2184526 20567 0 20567 20567 20567 HOTEL REVENUE 721110 16818111 16818111 RV/TRAILER PARK 721210 2940207 2940207 PARKING 812930 2557525 1691017 866508 4343715 1881000 2462715 26659558 74988896 44648437 23481731 2239005 X 685934 11040592 376570 2252484 1232299 1555091 154057 13393527 1504748 542993 9143390 86836 3155570 5794912 1689327 RENT & PROPERTY TAX- HO 2176963 REPAIRS & MAINTENANCE 1590599 SECURITY 1510100 ROOM EXPENSE - HOTEL 1318588 5808959 65013539 9651777 25486851 23908206 3313779 47862 103437 537294 957012 191301484 119960801 75819751 71340683 6471962 1448462 3444941 2491439 119881793 105141663 3376570 2732947 3363145 2935717 24255000 28545318 31290595 10886286 3461403 4975186 73887722 41934445 X 45994071 63207218 45994071 63207218 119881793 105141663 X 9975357 7216656 21134 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X 0 368808 368808 190932676 119960801 70971875 71340683 ACCRUED LIABILITY 4975186 4975186 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 XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE PART XI, LINE 4B - OTHER ADJUSTMENTS: BARRETTS INC EQUINE SALES PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE X X X X 0 0 0 WALTER MARQUEZ CEO/CFO 422146 0 0 0 0 0 0 0 0 0 422146 0 0 0 CIELO CASTRO CHIEF OF STAFF 221887 0 0 0 0 0 15459 0 0 0 237346 0 0 0 A LOS ANGELES COUNTY REGIONAL FINANCING AUTHORITY 956000927 545316AA9 2010-12-16 24255000 CONSTRUCTION OF CONFERENCE CENTER THRU RECOVERY ZONE FACILITY BONDS 0 1 0 A 24255000 24255000 480100 23774900 2011 0 0 1 1 A 0 0 0 0 0 0 0 A 0 0 0 0 1 1 WELLS FARGO 30.000000000000 1 0 0 0 0 A 0 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 RESOURCE WHEN A CONFLICT ARISES 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 2,507,911. OUTSIDE SERVICES 6,477,000. OUTSIDE SERVICES-ENTERTAINMENT 2,916,042. CONSULTING 1,492,574. FORM 990, PART XI, LINE 9: K-1 INCOME - FAIRPLEX EQUINE SALES LLC 15,039. K-1 INCOME - BARRETTS EQUINE LTD. 6,095. CORNUCOPIA FOODS LLC 1101 W MCKINLEY AVE POMONA CA 91768 030537127 FOOD AND BEVERAGE SALE CA 258000 2192701 LOS ANGELES COUNTY FAIR ASSOCIATION FAIRPLEX RV AND BOAT STORAGE LLC 1101 W MCKINLEY AVE POMONA CA 91768 272164622 STORAGE FACILITY CA 957836 1850871 LOS ANGELES COUNTY FAIR ASSOCIATION EVENT PRODUCTION SOLUTIONS LLC 1101 W MCKINLEY AVE POMONA CA 91768 272164467 EVENT EQUIPMENT RENTAL CA 0 9353 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 SALES 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 219363 1.00000 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 FAIRPLEX CHILD DEVELOPMENT CENTER C 276541 ACTUAL AMOUNT FAIRPLEX CHILD DEVELOPMENT CENTER P 6552 ACTUAL AMOUNT THE LEARNING CENTERS O 311701 ACTUAL AMOUNT THE LEARNING CENTERS N 83863 ACTUAL AMOUNT FAIRPLEX CHILD DEVELOPMENT CENTER O 353960 ACTUAL AMOUNT