SAN MATEO COUNTY EXPOSITION & FAIR ASSOCIATION

EIN: 941253708 501(c)(3) Recreation & Sports

SAN MATEO, CA

Total Revenue
$14,620,435
Total Expenses
$11,416,614
Total Assets
$16,415,999
Net Assets
$15,672,311
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1938
Legal Domicile
CA
Principal Officer
DANA STOEHR
Phone
6509313305
Tax Period
2023-01-01 to 2023-12-31

SAN MATEO COUNTY EXPOSITION & FAIR ASSOCIATION, founded in 1938, is a mid-sized nonprofit in the Recreation & Sports sector that reported $14.6M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $3.2M, a strong 22% operating margin.

Mission

THE PURPOSE OF THE SAN MATEO COUNTY EVENT CENTER IS TO PRODUCE THE ANNUAL SAN MATEO COUNTY FAIR AND PROVIDE FACILITIES AND GOUNDS THAT CAN BE USED FOR EVENTS, CONVENTIONS, SHOWS, EXPOSITIONS, TRAINING AND EDUCATION SEMINARS DURING THE YEAR. THE ASSOCIATION'S FACILITIES AND GROUNDS ARE ALSO USED BY THE VARIOUS COUNTY AND CITY AGENCIES FOR TAINING AND PUBLIC EVENTS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $14,313,320
Investment Income $307,115
Other Revenue $0
TOTAL REVENUE $14,620,435

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,865,903
Fundraising Expenses $0
Program Expenses $11,416,614
Other Expenses $6,550,711
TOTAL EXPENSES $11,416,614

Year-over-Year Comparison

2023 2022 Change
Revenue $14,620,435 $13,446,045 +0.1%
Expenses $11,416,614 $11,411,866 +0.0%
Net Income $3,203,821 $2,034,179 +0.6%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
155
Volunteers
143

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$264,527
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
STEVEN WONG PRESIDENT 2.00
Officer Director
$0 $0 $0
ROSANNE FOUST VICE PRESIDE 2.00
Officer Director
$0 $0 $0
LEONARD INIGUEZ SECRETARY/TR 2.00
Officer Director
$0 $0 $0
THOMAS AMES DIRECTOR 2.00
Director
$0 $0 $0
AMY BUCKMASTER DIRECTOR 2.00
Director
$0 $0 $0
THERESA FAAPUAA DIRECTOR 2.00
Director
$0 $0 $0
KARI FOPPIANO DIRECTOR 2.00
Director
$0 $0 $0
RAYMOND JUBALLA DIRECTOR 2.00
Director
$0 $0 $0
KITTY LOPEZ DIRECTOR 2.00
Director
$0 $0 $0
ROWENA POTI MEAFUA DIRECTOR 2.00
Director
$0 $0 $0
JAMES TUCKER DIRECTOR 2.00
Director
$0 $0 $0
DANA STOEHR CEO 40.00
Officer
$264,527 $0 $264,527
CHARLENE KING N/A 40.00
Highest
$181,432 $0 $181,432
DARRYL REAVIS N/A 40.00
Highest
$172,192 $0 $172,192
JUSTIN AQUINO N/A 40.00
Highest
$143,676 $0 $143,676
MONIQUE CATLEY N/A 40.00
Highest
$139,288 $0 $139,288
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $14,620,435 $11,416,614 $16,415,999 $3,203,821
2022 $13,446,045 $11,411,866 $13,143,970 $2,034,179
2021 $16,007,611 $12,234,594 $12,291,623 $3,773,017
2020 $7,685,085 $7,732,217 $8,037,084 $-47,132
2019 $13,333,786 $12,575,455 $7,981,096 $758,331
2018 $13,311,896 $12,504,346 $7,010,898 $807,550
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