2024-11-14T14:12:57-06:00 2023-12-31 752147296 GOLLOB MORGAN PEDDY PC 1001 ESE LOOP 323 STE 300 TYLER TX 75701 990 2023-01-01 750247290 THE PARK OF EAST TEXAS INC DBA EAST TEXAS STATE FAIR PARK 9032458263 11315 HWY 64 W TYLER TX 75704 CODY ROSENBALM PRESIDENT 9032458263 2024-11-08 1 0 HEATHER SELLERS P00615725 9035340088 2024-11-07 2023 2024-10-15 13:58:12Z CODY ROSENBALM 11315 HWY 64 W TYLER TX 75704 3898570 0 X WWW.ETSTATEFAIR.COM X 1976 TX THE PARK OF EAST TEXAS, INC (POET) OPERATES, MAINTAINS, AND SUPPORTS AN ANNUAL FAIR PRODUCED BY THE STAFF AND VOLUNTEERS OF THE PARK OF EAST TEXAS, INC. THE POET PROMOTES THE ADVANCEMENT OF EDUCATION THROUGH ESSAY CONTESTS, ART EXHIBITS AND DISPLAYS OF AGRICULTURAL AND HORTICULTURAL ADVANCEMENTS, AND TECHNIQUES AND OTHER SUBJECTS THAT ARE USFUL TO INDIVIDUALS AND BENEFICIAL TO THE COMMUNITY. THE PARK OF EAST TEXAS HAS ACQUIRED 240 ACRES WITH PLANS FOR A YEAR-ROUND MASTER PLANNED AREA WHICH INCLUDES EQUESTRIAN FACILITIES, EXHIBITION AND EXPO SPACE, MEETING ROOMS, OPEN DEMONSTRATION AND EDUCATIONAL SPACE, AN AMPHITHEATER, AN EVENTS CENTER, EQUESTRIAN AND PEDESTRIAN TRAILS AND A HOTEL. AN ENVIRONMENTALLY CONTROLLED, MULTI-PURPOSE ARENA IS PLANNED FOR PHASE 1 WITH PLANNED USAGE TO INCLUDE TRADE SHOWS, COMMENCEMENT PROGRAMS, CONVENTIONS, CONCERTS, HORSE SHOWS, CAR SHOWS, AND OTHER EVENTS LEFT TO THE IMAGINATION. 38 38 56 30 0 0 552 3116 1826327 3847655 8520 33143 21013 14656 1856412 3898570 17066 10550 0 0 657273 632825 0 0 0 906171 918571 1580510 1561946 275902 2336624 4090713 6444158 865150 853142 3225563 5591016 X THE PARK OF EAST TEXAS, INC (POET) OPERATES, MAINTAINS, AND SUPPORTS AN ANNUAL FAIR PRODUCED BY THE STAFF AND VOLUNTEERS OF THE PARK OF EAST TEXAS, INC. THE POET PROMOTES THE ADVANCEMENT OF EDUCATION THROUGH ESSAY CONTESTS, ART EXHIBITS AND DISPLAYS OF AGRICULTURAL AND HORTICULTURAL ADVANCEMENTS, AND TECHNIQUES AND OTHER SUBJECTS THAT ARE USFUL TO INDIVIDUALS AND BENEFICIAL TO THE COMMUNITY. THE PARK OF EAST TEXAS HAS ACQUIRED 240 ACRES WITH PLANS FOR A YEAR-ROUND MASTER PLANNED AREA WHICH INCLUDES EQUESTRIAN FACILITIES, EXHIBITION AND EXPO SPACE, MEETING ROOMS, OPEN DEMONSTRATION AND EDUCATIONAL SPACE, AN AMPHITHEATER, AN EVENTS CENTER, EQUESTRIAN AND PEDESTRIAN TRAILS AND A HOTEL. AN ENVIRONMENTALLY CONTROLLED, MULTI-PURPOSE ARENA IS PLANNED FOR PHASE 1 WITH PLANNED USAGE TO INCLUDE TRADE SHOWS, COMMENCEMENT PROGRAMS, CONVENTIONS, CONCERTS, HORSE SHOWS, CAR SHOWS, AND OTHER EVENTS LEFT TO THE IMAGINATION. 0 0 1142050 9750 3848405 THE PARK OF EAST TEXAS, INC. (DBA EAST TEXAS STATE FAIR ASSOCIATION) OFFERS UNIQUE EDUCATIONAL OPPORTUNITIES TO YOUTH THROUGH A WIDE VARIETY OF PROGRAMS. ANNUAL SCHOLARSHIPS ARE AWARDED THROUGH THE POET AND THROUGH AN INTERNAL EDUCATIONAL COMPETITION, ACADEMIC RODEO. GRADUATING SENIORS ARE ABLE TO APPLY FOR POET SCHOLARSHILPS TO ATTEND TYLER JUNIOR COLLEGE FOR A $750 PER SEMESTER STIPEND. UP TO TEN TWO-YEAR POET SCHOLARSHIPS ARE AWARDED ANNUALLY ($30,000) TO STUDENTS ATTENDING TYLER JUNIOR COLLEGE. ACADEMIC RODEO PARTICIPANTS WHO PLACE FIRST-THIRD IN ANY COMPETITION ARE ABLE TO APPLY FOR ACADEMIC RODEO SCHOLARSHIPS. THESE SCHOLARSHIPS ARE AWARDED TO BOTH MIDDLE SCHOOL AND HIGH SCHOOL SUDENTS, FOR A TOTAL OF 10 SCHOLARSHIP AWARDS ANNUALLY. THE PARK OF EAST TEXAS IS ITS OWN EDUCATIONAL TOOL. STUDENT TOUR GROUPS VISIT THE FAIR ANNUALLY TO TOUR THE VARIOUS EXHIBITS. THESE TOURS ARE THE INITIAL EXPOSURE MANY STUDENTS HAVE TO THE WORLD OF AGRICULTURE, FARMING, AND LIVESTOCK. THE OPPORTUNITY TO DEMONSTRATE TO CHILDREN HOW AGRICULTURE TOUCHES THEIR DAILY LIVES IS AN IMPORTANT LESSON. THE EAST TEXAS STATE FAIR LIVESTOCK SHOW SUPPORTS OVER 3,500 ENTRIES AND HONORS WINNERS WITH CASH PREMIUMS TOTALING OVER $20,000 PER YEAR. 1142050 1 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 0 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 0 0 0 0 0 1 40 0 56 1 0 0 0 0 0 0 0 0 0 0 0 0 X 38 38 0 0 0 0 0 1 0 1 1 0 0 1 1 0 0 0 1 1 1 0 X CODY ROSENBALM 9035972501 11315 HWY 64 W TYLER TX 75704 JOHN SYKES CEO 40.00 X X 230415 0 7775 PRESTON SMITH CHAIRMAN 1.00 X X 0 0 0 ROY LILLY PAST CHAIRMAN 1.00 X X 0 0 0 JOE CAVENDER VICE CHAIRMAN 1.00 X X 0 0 0 ANDREW ADAMS DIRECTOR 1.00 X 0 0 0 ANN FITZGERALD DIRECTOR 1.00 X 0 0 0 BEN JACKSON DIRECTOR 1.00 X 0 0 0 BOB BREEDLOVE DIRECTOR 1.00 X 0 0 0 BOBBY GARMON DIRECTOR 1.00 X 0 0 0 BRYAN IRWIN DIRECTOR 1.00 X 0 0 0 BRYCE HARVEY DIRECTOR 1.00 X 0 0 0 CARTER GROOMS DIRECTOR 1.00 X 0 0 0 CLARK HAMPE DIRECTOR 1.00 X 0 0 0 COURTNEY LOGGINS DIRECTOR 1.00 X 0 0 0 DAVID DIAL DIRECTOR 1.00 X 0 0 0 DERRITH BONDURANT DIRECTOR 1.00 X 0 0 0 DREW BANKSTON DIRECTOR 1.00 X 0 0 0 GEORGE ARNOLD DIRECTOR 1.00 X 0 0 0 GREG ADCOCK DIRECTOR 1.00 X 0 0 0 JEB JONES DIRECTOR 1.00 X 0 0 0 JOHN MICHAEL ROWLAND DIRECTOR 1.00 X 0 0 0 JON MOORE DIRECTOR 1.00 X 0 0 0 JON ROWAN DIRECTOR 1.00 X 0 0 0 KEVIN FOWLER DIRECTOR 1.00 X 0 0 0 SHELBIE GLOVER DIRECTOR 1.00 X 0 0 0 KENT HARRIS DIRECTOR 1.00 X 0 0 0 KYLE WATTS DIRECTOR 1.00 X 0 0 0 LINDSEY BAILES DIRECTOR 1.00 X 0 0 0 LONNY UZZELL DIRECTOR 1.00 X 0 0 0 MARK STRAWN DIRECTOR 1.00 X 0 0 0 MARK UZZELL DIRECTOR 1.00 X 0 0 0 MICHAEL STOLTZ DIRECTOR 1.00 X 0 0 0 PATRICK COOPER DIRECTOR 1.00 X 0 0 0 PHILLIP HERNANDEZ DIRECTOR 1.00 X 0 0 0 ROY MARTINEZ DIRECTOR 1.00 X 0 0 0 SCOTT MARTINEZ DIRECTOR 1.00 X 0 0 0 TED CONOVER DIRECTOR 1.00 X 0 0 0 STAN SURRATT DIRECTOR 1.00 X 0 0 0 230415 0 7775 1 0 1 0 0 3116 3116 LEASE TERMINATION 713990 1950000 1950000 AGRICULTURAL FAIR 713990 1897655 1897655 3847655 33063 33063 11172 0 11172 11172 11172 80 0 80 80 80 OTHER 713990 2734 2734 REIMBURSED FORFEITED S 713990 750 750 3484 3898570 3848405 0 47049 800 800 9750 9750 213006 149101 63905 365993 229377 136616 16064 11811 4253 37762 27156 10606 48958 48958 112787 68204 44583 3554 486 3068 19021 7068 11953 93810 89503 4307 13779 2127 11652 14126 14126 10524 10524 61756 46756 15000 CONTRACT LABOR 212720 212720 RENT EXPENSE 78980 75323 3657 AWARDS 54129 52134 1995 SUPPLIES 50079 47571 2508 144348 112163 32185 1561946 1142050 419896 0 1580150 1786458 2115189 20749 29225 2626730 454403 2182851 2172327 306963 340959 4090713 6444158 30723 4716 5699 834427 842727 865150 853142 X 0 0 1788368 1788368 1437195 3802648 3225563 5591016 4090713 6444158 2336624 28829 0 X 1 X 0 1 0 X 4250 5 4860 552 3116 12783 1764020 124674 1720532 1826327 3847655 9283208 1768270 124679 1725392 1826879 3850771 9295991 0 0 0 9295991 17598 14893 15440 20648 33143 101722 17598 14893 15440 20648 33143 101722 954 8885 2734 12573 1786822 139572 1740832 1856412 3886648 9410286 0.98790 0.98610 0.01080 0.01250 X 1 306963 37177 3181 340959 349060 -40568 1556 306963 312596 39788 3324 349060 295901 19543 2848 312596 262046 36651 2796 295901 1 0 2076893 2076893 500327 418226 82101 12000 11033 967 37510 25144 12366 2172327 DEFERRED COMPENSATION PLAN 340959 340959 DAMAGE DEPOSIT 500 DEFERRED COMPENSATION VESTED BENEFIT 340959 NOTE PAYABLE- SBA 494301 ACCRUED INTEREST PAYABLE 6967 842727 X PART V, LINE 4: DURING 2015, THE ORGANIZATION ESTABLISHED A NONQUALIFIED DEFERRED COMPENSATION PLAN FOR THE CHIEF EXECUTIVE OFFICER. PART X, LINE 2: THE ASSOCIATION HAS ADOPTED THE PROVISIONS OF FASB ASC 740-10 (FASB INTERPRETATION NO. 48, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES). UNDER THESE PROVISIONS, THE ASSOCIATION RECORDS A LIABILITY FOR UNCERTAIN TAX POSITIONS WHEN IT IS PROBABLE THAT A LOSS HAS BEEN INCURRED AND THE AMOUNT CAN BE REASONABLY ESTIMATED. THE ASSOCIATION CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATION, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. 1 SCHOLARSHIPS 9 9750 PART I, LINE 2: THE PARK OF EAST TEXAS (POET)PROVIDES SCHOLARSHIPS IN THE AMOUNT OF $3,000 ($750 PER SEMESTER) TO TEN RECIPIENTS EACH YEAR. TO BE ELIGIBLE STUDENT MUST BE A GRADUATING SENIOR FROM A PUBLIC, PRIVATE, OR HOME SCHOOL, MUST ATTEND TYLER JUNIOR COLLEGE FOR THE NEXT TWO YEARS (2 FALL AND 2 SPRING SEMESTERS) BEGINNING WITH THE UPCOMING FALL SEMESTER, HAVE COMPLETED A MINIMUM OF 12 CREDIT HOURS PER SEMESTER, AND MUST SUBMIT A COMPLETED SCHOLARSHIP APPLICATION. THE PARK OF EAST TEXAS SCHOLARSHIPS ARE INTENDED TO ENCOURAGE AND SUPPORT STUDENTS WITH INTEREST AND POTENTIAL FOR HIGHER EDUCATION. THE SELECTION COMMITTEE CONSIDERS A VARIETY OF FACTORS INCLUDING, BUT NOT LIMITED TO, ACADEMIC ACHIEVEMENT, INVOLVEMENT IN EXTRA-CURRICULAR OR COMMUNITY SERVICE ACTIVITIES, EDUCATIONAL GOALS, MOTIVATION, AND IN SOME INSTANCES, FINANCIAL NEED. STUDENTS AWARDED POET SCHOLARSHIPS MUST ENROLL IN AT LEAST 12 CREDIT HOURS PER SEMESTER, MAINTAIN A CUMULATIVE 3.0 GRADE POINT AVERAGE, AND SEMESTERS MUST BE CONSECUTIVE. TJC PROVIDES A REPORT ON EACH STUDENT AT THE END OF EACH SEMESTER, WHICH IS REVIEWED BY POET STAFF TO ENSURE COMPLIANCE WITH ELIGIBILITY REQUIREMENTS. X X X 0 1 0 0 0 0 0 0 0 JOHN SYKES CEO 213015 0 0 0 17400 0 0 0 7775 0 238190 0 0 0 FORM 990, PART VI, SECTION A, LINE 7A LINE 7A EXPLANATION - THE BOARD IS ELECTED BY A NOMINATING COMMITTEE MADE UP OF PAST PARK OF EAST TEXAS CHAIRMANS. FORM 990, PART VI, SECTION B, LINE 11B LINE 11B EXPLANATION - COPY TO BE REVIEWED AND ACCEPTED BY 15 MEMBER EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THEY WILL BE DISTRIBUTED AT AN EC MEETING PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 15 COMPARIBILILTY DATA IS USED VIA INTERNATIONAL ASSOCIATION OF FAIRS GUIDANCE, AND THE COMPENSATION IS REVIEWED AND APPROVED BY INDEPENDENT PERSONS. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS AND POLICIES ARE AVAILABLE UPON REQUEST AT THE PARK OF EAST TEXAS OFFICE.