2022-11-15T15:08:16-06:00 2021-12-31 450250958 EIDE BAILLY LLP 10681 FOOTHILL BLVD STE 300 RANCHO CUCAMONGA CA 917303831 990 2021-01-01 951660585 LOS ANGELES COUNTY FAIR ASSOCIATION LOSA 9096233111 1101 W MCKINLEY POMONA CA 91768 WALTER MARQUEZ CFO 9096233111 2022-11-14 1 WALTER MARQUEZ 999009999 CATHERINE L GRAY CPA P01294460 9094664410 2022-11-14 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z WALTER MARQUEZ 1101 W MCKINLEY POMONA CA 91768 59518128 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 13 123 210 15233381 0 134950 4756 10604419 32593659 -67147 -17963 14815226 25108863 25487448 57689315 0 0 0 0 10109231 4716790 0 0 0 24384251 30148950 34493482 34865740 -9006034 22823575 96393250 119881793 71296518 73887722 25096732 45994071 X THE LOS ANGELES COUNTY FAIR ENRICHES LIVES BY ENTERTAINING AND EDUCATING OUR DIVERSE COMMUNITY WHILE CREATING UNIQUE AND MEMORABLE EXPERIENCES. 1 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. FOR THE BEGINNING OF 2021, THE GROUNDS CONTINUED TO BE SHUT DOWN TO PUBLIC EVENTS DUE TO COUNTY GUIDELINES RELATED TO COVID. IN MAY 2021, LACFA PIVOTED TO BECOME AN EMERGENCY INTAKE SITE FOR UNACCOMPANIED CHILDREN, WORKING TOGETHER WITH SEVERAL FEDERAL PROGRAMS AND AGENCIES. 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. DUE TO COVID RESTRICTIONS ACTIVITIES WERE RESTRICTED IN 2021. AS COUNTY COVID RESTRICTIONS WERE LIFTED, LACFA WAS ABLE TO REGROUP TO PUT ON A "MINI"VERSION OF THE FAIR IN SEPTEMBER "2021 BITE SIZE FAIR AND BRING BACK SOME YEAR-ROUND EVENTS SUCH AS ELF ON THE SHELF. 0 0 0 0 0 0 1 0 0 1 1 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 42 0 1 123 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 0 CA X WALTER MARQUEZ 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 MIGUEL SANTANA PRESIDENT & CEO 40.00 X 61495 0 43074 WALTER MARQUEZ CEO/CFO 40.00 X 377914 0 9585 CIELO CASTRO CHIEF OF STAFF 40.00 X 271996 0 18879 BARRY GILLIES DIRECTOR OF PROPERTY OPERATIONS 40.00 X 168568 0 27416 KAREN FURLOW CONTROLLER 40.00 X 145218 0 35302 GENEVA MOODY DIRECTOR OF HUMAN RESOURCES 40.00 X 138000 0 7253 RENEE HERNANDEZ DIRECTOR OF COMMUNICATIONS 40.00 X 137534 0 31615 JUAN SOTO ASSISTANT CONTROLLER 40.00 X 111100 0 21037 1411825 0 194161 7 0 1 0 STAFFPRO PO BOX 828854 PHILADELPHIA PA 19182 JANITORIAL SERVICES 4211245 PARK WEST 521 MERCURY LANE BREA CA 92821 LANDSCAPE 1344019 AMR 7925 CENTER AVE RANCHO CUCAMONGA CA 91730 EMT'S 1251320 BEST BEST & KRIEGER LLP PO BOX 1028 RIVERSIDE CA 92502 LEGAL 202656 WELLS FARGO COMMERCIAL OPERATIONS PO BOX 77200 MINNEAPOLIS MN 55480 LEGAL-BOND 184370 5 4756 4756 HHS FEMA 900099 18117948 18117948 COVID19 FUNDING 900099 12751955 12751955 FAIR 900099 1323756 1323756 PARI-MUTUEL 711210 400000 400000 32593659 9608 9608 7924112 1801242 6122870 6122870 1188617 4934253 27571 -27571 -27571 -27571 HOTEL REVENUE 721110 10312102 10312102 RV/TRAILER PARK 721210 2695062 2695062 YR ROUND EVENTS 713200 2226834 2126845 99989 3751995 2814384 937611 18985993 57689315 37534888 15233381 4916290 X 782940 2814836 36210 738535 344269 714323 97175 7550278 451420 60161 16295778 13096 2829699 6966338 922223 FOOD MATERIAL SUPPLIES 31104617 SECURITY 3298336 ADMINISTRATIVE-HOTEL 1725171 UNIFORMS 1512337 -43392002 34865740 6918450 9651777 1804811 23908206 44986 47862 501762 537294 190599264 114779513 79809737 75819751 3795952 6471962 3517552 3444941 96393250 119881793 3781748 3376570 3261582 3363145 24255000 24255000 34552193 28545318 2619723 10886286 2826272 3461403 71296518 73887722 X 25096732 45994071 25096732 45994071 96393250 119881793 X 22823575 3205312 -5000000 -131548 X 0 1 X 1 0 X X 0 368808 368808 190230456 114779513 75450943 75819751 INVESTMENTS 6471962 F 6471962 ACCRUED LIABILITY 3424563 EMPLOYEE BENEFIT PLAN 36840 3461403 X 62564321 3205312 1801242 5006554 57557767 131548 131548 57689315 36666982 1801242 1801242 34865740 0 34865740 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 1,801,242. PART XI, LINE 4B - OTHER ADJUSTMENTS: BARRETTS INC 39,467. EQUINE SALES 92,081. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSE 1,801,242. X X X X 0 0 0 WALTER MARQUEZ CEO/CFO 344164 0 33750 0 0 0 8700 0 885 0 387499 0 0 0 CIELO CASTRO CHIEF OF STAFF 235696 0 36300 0 0 0 8311 0 10568 0 290875 0 0 0 BARRY GILLIES DIRECTOR OF PROPERTY OPERATIONS 146581 0 21987 0 0 0 11617 0 15799 0 195984 0 0 0 KAREN FURLOW CONTROLLER 145218 0 0 0 0 0 30419 0 4883 0 180520 0 0 0 RENEE HERNANDEZ DIRECTOR OF COMMUNICATIONS 119595 0 17939 0 0 0 25073 0 6542 0 169149 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 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 III, LINE 2 WORKING TOGETHER WITH SEVERAL FEDERAL PROGRAMS AND AGENCIES, LACFA BECAME AN EMERGENCY INTAKE SITE FOR UNACCOMPANIED CHILDREN. 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 ANNUALLY BY THE DIRECTOR OF HUMAN RESOURCES AND THE HUMAN RESOURCE COMMITTEE. 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, 2016, 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 3,649,347. CONSULTING 740,671. OUTSIDE SERVICES 3,160,260. FORM 990, PART XI, LINE 9: K-1 INCOME - FAIRPLEX EQUINE SALES LLC -92,081. K-1 INCOME - BARRETTS EQUINE LTD. -39,467. CORNUCOPIA FOODS LLC 1101 W MCKINLEY AVE POMONA CA 91768 030537127 FOOD AND BEVERAGE SALE CA 250000 2541646 LOS ANGELES COUNTY FAIR ASSOCIATION FAIRPLEX RV AND BOAT STORAGE LLC 1101 W MCKINLEY AVE POMONA CA 91768 272164622 STORAGE FACILITY CA 806316 1451720 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 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 CA C 9 219389 1.00000 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0 THE LEARNING CENTERS P 307946 ACTUAL AMOUNT FAIRPLEX CHILD DEVELOPMENT CENTER B 60000 ACTUAL AMOUNT FAIRPLEX CHILD DEVELOPMENT CENTER P 123217 ACTUAL AMOUNT THE LEARNING CENTERS O 677741 ACTUAL AMOUNT FAIRPLEX ENTERPRISES P 1748 ACTUAL AMOUNT THE LEARNING CENTERS N 63066 ACTUAL AMOUNT