2024-08-29T13:12:03-04:00 2023-12-31 300003878 BENNING GROUP LLC 6815 WEAVER RD STE 300 ROCKFORD IL 611148060 990 2023-01-01 366110466 WINNEBAGO COUNTY FAIR ASSOCIATION INC WINN 8152391641 500 WEST 1ST STREET PO BOX 810 PECATONICA IL 610630810 PAUL SHIPPY TREASURER 8152391641 2024-08-28 true false JAKOB J THOMPSON P01272205 8153162375 2024-08-28 2023 2024-08-08 14:25:15Z PAUL SHIPPY 500 WEST 1ST STREET PO BOX 810 PECATONICA IL 610630810 1039793 false X WWW.WINNEBAGOCOUNTYFAIR.COM X 1952 IL TO PROVIDE A WELL-MAINTAINED FACILITY FOR THE COMMUNITY DURING THE FAIR AND THROUGHOUT THE YEAR 27 23 38 100 171395 111028 81209 647875 724146 0 199302 198425 958205 1003780 0 0 60465 125149 0 0 765824 793053 826289 918202 131916 85578 1364843 1342501 389275 281354 975568 1061147 X TO PROVIDE A WELL-MAINTAINED FACILITY FOR THE COMMUNITY DURING THE FAIR AND THROUGHOUT THE YEAR. WE ALSO STRIVE TO MAKE AVAILABLE A COMMUNITY ENTERTAINMENT VENUE THAT PROVIDES THE OPPORTUNITY FOR GROUPS AND ORGANIZATIONS TO BE RECOGNIZED false false 823528 724146 ANNUAL COUNTY FAIR - APPROXIMATELY 85,000 IN ATTENDANCE IN 2023. PEC THING - FLEA MARKET / ANTIQUE SHOW - 2 DAYS IN MAY AND 2 DAYS IN SEPTEMBER - APPROXIMATELY 10,500 IN ATTENDANCE IN 2023 DURING EACH PEC THING WEEKEND EVENT. 823528 true true false false false false false false false false true false false false true true true false false false false false false false true false false false false false false false false false false false true false false false false false false false false false false true 49 0 38 true true true false false false false false false false false false false false X 27 23 true false false false true true false true true false false true true true true true false false true false IL X PAUL SHIPPY 8152391641 500 W 1ST STREET PECATONICA IL 61063 RICH BEAN PRESIDENT 15.00 X X 5000 0 0 STEVE VANVLECK VICE PRESIDE 15.00 X X 1000 0 0 PAUL SHIPPY TREASURER 15.00 X X 4000 0 0 KYAH BEAN SECRETARY 15.00 X X 1500 0 0 BRIAN ANDERSON BOARD MEMBER 1.00 X 0 0 0 RYAN ANDERSON BOARD MEMBER 1.00 X 0 0 0 NICK BERRY BOARD MEMBER 1.00 X 0 0 0 JAYMES CROZIER BOARD MEMBER 1.00 X 0 0 0 BRAD DUMMER BOARD MEMBER 1.00 X 0 0 0 KELLY FINLEY BOARD MEMBER 1.00 X 0 0 0 NICK FORD BOARD MEMBER 1.00 X 0 0 0 PHIL HALAS BOARD MEMBER 1.00 X 0 0 0 BRUCE HARKER BOARD MEMBER 1.00 X 0 0 0 BRYAN HUTTING BOARD MEMBER 1.00 X 0 0 0 RANDY HUTTING BOARD MEMBER 1.00 X 0 0 0 JEREMIAH JOHNSON BOARD MEMBER 1.00 X 0 0 0 CHAD KNUTTI BOARD MEMBER 1.00 X 0 0 0 LOGAN KNUTTI BOARD MEMBER 1.00 X 0 0 0 DALE REMMERS BOARD MEMBER 1.00 X 0 0 0 JASON ROLLINGER BOARD MEMBER 1.00 X 0 0 0 DEB RUNTE BOARD MEMBER 1.00 X 0 0 0 BRANDON SHERE BOARD MEMBER 1.00 X 0 0 0 DEANNA SHERE BOARD MEMBER 1.00 X 0 0 0 WAYNE SHERE BOARD MEMBER 1.00 X 0 0 0 TIM SWANSON BOARD MEMBER 1.00 X 0 0 0 AUSTIN VANVLECK BOARD MEMBER 1.00 X 0 0 0 GREG WAGNER BOARD MEMBER 1.00 X 0 0 0 11500 false false false 60268 20941 81209 WINNEBAGO COUNTY FAIR 900099 508005 508005 PEC THING FLEA MARKET 453220 216141 216141 724146 197579 26184 171395 171395 171395 27873 9829 18044 OTHER INCOME 8986 8986 8986 1003780 733132 171395 11500 11500 104258 90307 13951 9391 9391 17636 17636 15900 15900 59385 59385 3796 3796 18917 18917 83560 83560 44190 44190 FAIR EXPENSES 413617 413617 GROUNDS EXPENSE 64071 64071 PEC THING EXPENSES 43513 43513 BANK CHARGES 11230 11230 17238 5968 11270 918202 823528 94674 0 212142 140602 7 7 2014118 812226 1152694 1201892 1364843 1342501 1455 1573 380770 272731 7050 7050 389275 281354 X 975568 1061147 975568 1061147 1364843 1342501 X 85578 1 X false true X true false X 66817 10053 111028 81209 269107 36451 648849 684998 761005 2131303 1810 1810 105078 658902 796026 842214 2402220 2402220 119911 25363 30830 176104 224989 684265 826856 842214 2578324 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 658879 658879 1193501 735331 458170 57000 20662 36338 104738 56233 48505 1201892 DUE TO MEMBERS 7050 7050 X 1039793 36013 36013 1003780 1003780 954215 36013 36013 918202 918202 SCHEDULE D, PAGE 3, PART X THE ASSOCIATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE EXEMPTION IS ON ALL INCOME EXCEPT UNRELATED BUSINESS INCOME AS NOTED UNDER SECTION 511 OF THE INTERNAL REVENUE CODE. INTERNAL REVENUE CODE SECTION 513(A) DEFINES UNRELATED TRADE OR BUSINESS OF AN EXEMPT ORGANIZATION AS ANY TRADE OR BUSINESS WHICH IS NOT SUBSTANTIALLY RELATED TO THE EXERCISE OR PERFORMANCE OF ITS EXEMPT PURPOSE. THE STORAGE RENT INCOME DERIVED FROM THE TEMPORARY STORAGE OF ITEMS DURING THE WINTER SEASON IS CONSIDERED UNRELATED BUSINESS INCOME. THE UNRELATED BUSINESS INCOME TAX ON RENTAL INCOME PAID IN 2023 WAS 0. THE ASSOCIATION ACCOUNTS FOR INCOME TAXES IN ACCORDANCE WITH FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740, ACCOUNTING FOR UNCERTAINLY INCOME TAXES. THE STANDARD PROVIDES DETAILED GUIDANCE FOR THE FINANCIAL STATEMENT RECOGNITION, MEASUREMENT AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS AND REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT I MORE LIKELY THAN NOT THAT THE POSITION WILL BE SUSTAINED UPON EXAMINATION. THE ASSOCIATION HAS DETERMINED THERE ARE NO AMOUNTS TO RECORD AS ASSETS OR LIABILITIES RELATED TO UNCERTAIN TAX POSITIONS. FEDERAL RETURNS (FORMS 990 AND 990T) FOR THE TAX YEARS AFTER 2019 ARE OPEN, BY STATUE FOR REVIEW BY AUTHORITIES. SCHEDULE D, PAGE 4, PART XI, LINE 2D RENT EXPENSE REPORTED DIRECTLY AGAINST REVENUE ON 990 26,184 FUNDRAISING EXPENSE REPORTED DIRECTLY AGAINST REVENUE ON 9 9,829 SCHEDULE D, PAGE 4, PART XII, LINE 2D RENT EXPENSE REPORTED IN EXPENSES ON FINANCIAL STATEMENTS 26,184 FUNDRAISING EXPENSES REPORTED IN EXPENSES ON FINANCIAL 9,829 HOLIDAZZLE 27873 27873 9829 27873 27873 9829 9829 18044 WILLIAM ROLLINGER FAMILY MEMBER 26288 SEE BELOW: false SCHEDULE L, PART V (A): NAME OF PERSON: WILLIAM ROLLINGER (B): RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: WILLIAM ROLLINGER HAS A FAMILY RELATIONSHIP WITH JASON ROLLINGER (BOD) (C): AMOUNT OF TRANSACTION: 26,288 (D): DESCRIPTION OF TRANSACTION: GROUNDS CARETAKER COMPENSATION (E): SHARING OF ORGANIZATION REVENUES?: NO FORM 990 - ORGANIZATION'S MISSION TO PROVIDE A WELL-MAINTAINED FACILITY FOR THE COMMUNITY DURING THE FAIR AND THROUGHOUT THE YEAR. WE ALSO STRIVE TO MAKE AVAILABLE A COMMUNITY ENTERTAINMENT VENUE THAT PROVIDES THE OPPORTUNITY FOR GROUPS AND ORGANIZATIONS TO BE RECOGNIZED FORM 990, PAGE 6, PART VI, LINE 2 BRIAN ANDERSON RYAN ANDERSON BROTHERS RICH BEAN KYAH BEAN FATHER / DAUGHTER RANDY HUTTING BRYAN HUTTING FATHER / SON CHAD KNUTTI LOGAN KNUTTI FATHER / SON WAYNE SHERE BRANDON SHERE FATHER / SON WAYNE SHERE DEANNA SHERE SPOUSES DEANNA SHERE BRANDON SHERE MOTHER / SON STEVE VANVLECK AUSTIN VANVLECK FATHER / SON FORM 990, PAGE 6, PART VI, LINE 6 THE MEMBERSHIP ENTITLES THE MEMBER FREE ENTRY INTO THE ANNUAL COUNTY FAIR AS LONG AS THEY KEEP THEIR MEMBERSHIP. FORM 990, PAGE 6, PART VI, LINE 7A EACH YEAR THE MEMBERS GET TOGETHER TO ELECT AND VOTE ON 9 PEOPLE FOR 3 YEAR BOARD POSITIONS. FORM 990, PAGE 6, PART VI, LINE 11B THE TREASURER THOROUGHLY REVIEWS AND COMPARES THE 990 TO THE AUDIT REPORT OR FINANCIAL STATEMENTS. PRIOR TO SIGNING, THE PRESIDENT ALSO REVIEWS THE 990. FORM 990, PAGE 6, PART VI, LINE 12C ALL MAJOR TRANSACTIONS WITH POTENTIAL ENTITIES ARE REVIEWED. FORM 990, PAGE 6, PART VI, LINE 15B IF THE ORGANIZATION RETAINS FUNDS AT THE END OF EACH YEAR, THE ORGANIZATION'S OFFICERS RECEIVE A SET AMOUNT OF PAY WHICH IS DETERMINED ON AND VOTED BY THE BOARD OF DIRECTORS. SOME BOARD MEMBERS WORK ON THE STORAGE CREW IN WHICH PAY IS BASED ON 10 PER UNIT AND SPLIT BETWEEN THE INDIVIDUALS BASED ON HOURS WORKED. BOARD MEMBERS ALSO GET PAID TO WORK AT THE DIFFERENT EVENTS FOR ADMISSION COLLECTION, CLEAN-UP, AND BARTENDING. ONE OF THE BOARD MEMBERS IS ALSO THE GROUNDS CARETAKER AND IS PAID A SALARY THAT THE BOARD DETERMINES BASED ON COMPARATIVE DATA. FORM 990, PAGE 6, PART VI, LINE 19 AVAILABLE TO THE PUBLIC UPON REQUEST FORM 990, PART XI, LINE 9 RENT EXPENSE REPORTED DIRECTLY AGAINST REVENUE ON 990 26,184 FUNDRAISING EXPENSE REPORTED DIRECTLY AGAINST REVENUE ON 9 9,829 RENT EXPENSE REPORTED IN EXPENSES ON FINANCIAL STATEMENTS -26,184 FUNDRAISING EXPENSES REPORTED IN EXPENSES ON FINANCIAL -9,829