2024-09-15T18:28:22-04:00 2023-12-31 561621823 BCD Income Tax & Accounting LLC 205 West Dixon Boulevard Shelby NC 28152 990EZ 2023-01-01 472584849 DREXEL COMMUNITY FAIR INCORPORATED DREX P O BOX 98 DREXEL NC 28619 DON DEAL PRESIDENT 8284437273 2024-09-15 true true Beverly W Henderson P00065443 7044810223 2024-09-15 X 2023 2024-08-08 14:25:15Z X DREXELFAIR.NET X X 123858 X 16865 87905 5 19083 10079 9004 113779 3095 575 1715 23832 4017 48925 82159 31620 102930 134550 X 90678 111036 0 0 12252 23514 102930 134550 0 0 102930 134550 X SEE SCHEDULE O THE FALL FAIR HAD OVER 12000 ATTENDEES W/ 141 EXHIBITORS IN COMPETITIVE LIVESTOCK & EXHIBIT HALL CATEGORIES WITH 285 DISPLAYS PROMOTING AGRICULTURE AND HOMEMAKING SKILLS. 62564 THE SPRING CARNIVAL HAD OVER 15000 ATTENDEES AND PROVIDED A TOURIST DESTINATION FOR THE TOWN OF DREXEL. 16500 DREXEL CONTRIBUTED TO SCHOLARSHIP FUND MAINTAINED BY NC ASSOCIATION OF AGRICULTURAL FAIRS AND TO GROW WITH DREXEL. 3095 3095 82159 LOWELL SUMMEY DIRECTOR 6.00 0 0 0 TRAE PRICE DIRECTOR 6.00 0 0 0 JULIE FRENCH DIRECTOR 6.00 0 0 0 CODY SIGMON DIRECTOR 6.00 0 0 0 MELISSA SIGMON DIRECTOR 6.00 0 0 0 RICKEY RHONEY DIRECTOR 6.00 0 0 0 JERRY BROWN TREASURER 10.00 0 0 0 SUE PRICE SECRETARY 10.00 0 0 0 JERAMIE ABERNATHY SECOND VICE-PRESIDENT 10.00 0 0 0 TOM INGERSOLL FIRST VICE-PRESIDENT 10.00 0 0 0 DON DEAL PRESIDENT 15.00 575 0 0 X false false false false false false false false false DON DEAL P O BOX 278 DREXEL NC 28619 8284437273 false false false false false false false false false false false NONE NONE true X 14321 15114 16865 46300 82414 195 51654 114369 87905 336537 19083 19083 82414 195 65975 129483 123853 401920 401920 3 4 3 3 5 18 3 4 3 3 5 18 82417 199 65978 129486 123858 401938 1.00000 1.00000 0.00000 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED List of grants and similar amounts paid Part I line 10 ACTIVITY GRANTS/CONTRIBUTIONS GRANTEE ALL GRANTS LESS THAN $5000 STREET P O BOX 98 CITY, STATE, ZIP DREXEL, NC 28619AMOUNT 3,095 Description of other expenses Part I line 16 DESCRIPTION AMOUNTDEPRECIATION FROM 4562 1,780ADVERTISING 4,272CONVENTION DUES MEETINGS TRAVEL 10,767OFFICE GENERAL SUPPLIES BK CHARGES 373LICENSES TAXES PERMITS 1,592SMALL EQPT & MAINTENANCE 3,833EQPT RENTAL 1,915PREMIUM AND COMPETITION EXPENSE 5,689ENTERTAINMENT 13,500BOOTH EXPENSES DECORATIONS DISPLAYS 3,892UNIFORMS 1,312 Description of other assets Part II line 24 CATEGORY BEGINNING OF YEAR END OF YEARASSETS BASIS AFTER DEPRECIATIO 12,252 23,514 Business income not reported on 990-T Part V line 35 AMOUNTS REPORTED ON PART 1, LINE 2 FOR PROGRAM SERVICE REVENUES INCLUDE INCOME FROM SPACE RENTALS, BOOK INCOME, ADMISSIONS AND RIDE FEES RECEIVED IN CONNECTION WITH ITS AGRICULTURAL FAIR AND ITS SPRING CARNIVAL. PART 1, LINE 7 INCLUDES DRINK SALES BY NON-PROFIT VENDORS AT THE CARNIVAL AND FAIR WHICH SATISFIES THE VENDORS SPACE RENTAL FEES AND IS EXCLUDABLE UNDER IRC 513. THESE TOURIST ATTRACTIONS FORM THE BASIS OF THE ORGANIZATIONS EXEMPTION FROM TAX. THIS INCOME WOULD NOT BE CONSIDERED UNRELATED BUSINESS INCOME REPORTABLE ON 990T, AND THEREFORE THE 990T WAS NOT REQUIRED TO BE FILED. Part III response or note to any other line in Part III PART III ORGANIZATIONS PRIMARY EXEMPT PURPOSETO EDUCATE THE PUBLIC, PARTICULARLY THE RESIDENTS OF BURKE COUNTY, NC, AND SURROUNDING AREAS ON AGRICULTURAL MATTERS AND HOMEMAKING SKILLS BY CONDUCTING ANNUAL PUBLIC FAIRS AND EXHIBITIONS WITH AGRICULTURAL/HOMEMAKING THEMES. TO OFFER EVENTS TO PROMOTE TOURISM IN THE TOWN OF DREXEL, NC.