Will County Fair Association

“1a & 1b stockholders are only voting members.”

“We have stockholders who elect directors each year.”

“Stockholders elect 3 directors per year for a 3 year term with a total of 9 directors.”

“All decisions are voted by the full board of directors.”

“Jay nadler p.o. Box 578 peotone, il 60468”

“No review was or will be conducted.”

“Annual 990 and profit and loss statement are available at the annual meeting of stockholders and are made available upon request to stockholders unable to attend the meeting. Annual report must also be made to the illinois dept. Of agriculture for audit.”

“Financial statements are given to stockholders at annual meeting and also reported to the illinois dept. Of agriculture.”

“2f due to a severe hail storm in 2019 we received 163,719.32 from our insurance company to replace roofs on all buildings. Contractors were not available to replace prior to november. Repairs were made in april & may 2020. Income from insurance was 2019, payout for repairs was 2020.”

“13b-c not applicable to us. 14a-b not applicable to us.”

“Funds are received from rental of the grounds throughout the year in addition to gate and grandstand admission during the fair. Due to covid-19 there were no gate and grandstand income because the state of illinois canelled fairs.”

“NOT APPLICABLE TO US.”

“Our lost revenue was due to covid-19 which caused our annual county fair to be cancelled. We had prepaid for some expenses and supplies before the cancellation. We receive a grant reimbursement from the illinois dept. Of agriculture which is always received the year following the event. The prior year reimbursement allowed a positive fund balance even though our income/expense was a net loss.”