Tanana Valley State Fair Association
Legal name: Tanana Valley State Fair Association Inc
Nonprofit profile at a glance
- EIN
- 920029566
- IRS 990 coverage
- 2010–2025
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2025, Form 990-T 2025
- Location
- Fairbanks, Alaska, United States
- Phone
- 907-452-3750
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Religion Related N.E.C.
- Affiliation
- Religious (unspecified)
Reported finances
- Revenue
- $1,511,122
- Expenses
- $1,600,963
- Assets
- $2,889,181
- Liabilities
- $576,869
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- MICHAEL BARTCH (PRESIDENT (PAST))
- PRISCILLA RICE (PRESIDENT)
- JOHN TIEMESSEN (VICE PRESIDENT)
- JENAE L CAMPANELLI (FORMER EXECUTIVE DIRECTOR)
- SCOTT VANCE (EXECUTIVE DIRECTOR)
Highest reported compensation
- JENAE L CAMPANELLI (FORMER EXECUTIVE DIRECTOR): $68,309 total reported compensation
- DAVID LESLIE (FORMER SECRETARY): $17,187 total reported compensation
- SCOTT VANCE (EXECUTIVE DIRECTOR): $14,408 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The Tanana Valley State Fair Association seeks to highlight and enhance appreciation for Interior Alaska by showcasing competitive and commercial exhibits during an annual fair with community appeal; the Fair educates and entertains all participants and encourages involvement by all. The Tanana Valley State Fair was founded July 7, 1924 and is the oldest fair in the state of Alaska. The incorporation of the Tanana Valley State Fair Association as a nonprofit organization was restated in 1993. The first Tanana Valley Fair was held September 11-13, 1924, downtown at the Auditorium in the Moose Hall on First Avenue. Through 1950, the Fair was held in several locations in downtown Fairbanks, most notably at the Masonic Temple and Fairbanks High School. In 1952 that all changed. On March 22, 1952, a group of people interested in reviving the Fair met and were unified in one thought, there...
What it reported doing in 2025
The annual fair is a community gathering point featuring family fun for all, including livestock, games, rides, an amusement park, horse shows, arts and crafts, competitive exhibits, quilt shows, giant cabbages, contests, special events, and two outdoor stages with free entertainment daily. Approximately 200 booths can be found at the fair. These booths provide goods, food and information on community services, programs, and opportunities.
Operating model
- Revenue model
- Earned-program. 80% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and fundraising costs are high for each dollar raised.
Rating breakdown
- Financial Efficiency: 75
- Transparency & Controls: 92
- Accountability: 77
- Sustainability: 35
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 84.6%; rating input score 85
- Program expense ratio: 79.8%; rating input score 80
- Fundraising efficiency: $3.24 raised per $1 spent on fundraising; rating input score 9; 9th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 4 of 9 controls in place; rating input score 44
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -5.9%; rating input score 18; 18th percentile among comparable filings
- Total-asset coverage ratio: 1.8; rating input score 61; 61st percentile among comparable filings
- Liabilities to assets ratio: 0.2; rating input score 25; 25th percentile among comparable filings
- Officer compensation ratio: 6.2%; rating input score 48; 48th percentile among comparable filings
Growth
- Program expense growth: 4.8% per year; rating input score 100; 36th percentile among comparable filings
- Revenue growth: 0.8% per year; rating input score 100; 14th percentile among comparable filings
- Asset growth: -0.2% per year; rating input score 0; 15th percentile among comparable filings
Details
- What they do: 1 operating location identified
- Where the money goes: 84.6% of revenue deployed · 79.8% of spending went to programs
- Governance: 60 of 60 board members independent · 4 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $1.3M in reported program spending
- Leadership: top reported pay $68K · 15 people listed
- Consistency: 28 of 28 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 15 filing years from 2010 to 2025
- Contacts: How to reach this organization
- Money network: 3 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Moderate — Accountability: Governance controls: 4 of 8 not reported.
- High — Financial Efficiency: Fundraising efficiency scored 9/100.
- High — Sustainability: Operating margin scored 18/100.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 25/100.
- Moderate — Sustainability: Officer compensation ratio scored 48/100.