Dane County Fair Association Corporation

“The association used world dairy expo, inc. Through september 2018 to perform certain management duties such as planning and executing budgets and financial operations and supervising exempt operations. During calendar year 2018, scott bentley received $111,916 of compensation from world dairy expo, inc. Approximately 4% of his compensation can be attributed to the management duties performed for the association. The association began using red dog resources, llc in october 2018 to perform management duties such as planning and executing budgets, financial operations, and supervising exempt operations. During calendar year 2018, danielle ziegler received $13,800 of compensation from red dog resources, llc for management duties performed for the association.”

“The association amended its bylaws to change the board composition and how officers are elected to the board. Instead of three, up to twelve directors-at-large can now be elected by the board to represent dane county businesses, education and/or human services, media, and/or dc fair sponsors. Instead of 4, three dane county 4-h leaders association representatives, which includes one youth leader, shall be elected to the board. The officers of the board are now elected by the executive committee.”

“The prepared form 990 is reviewed by the association's accounting manager, general manager, and treasurer before the return is filed with the irs. A draft of the form 990 is also presented to the members of the governing body for approval.”

“The association's conflict of interest policy covers all directors and employees. Any director or employee is considered an interested person. In connection with any actual or possible conflict of interest, the interested person must disclose all material facts to the general manager. If the general manager determines that a conflict of interest may exist, it is presented to the executive committee. The interested person cannot be present at the executive committee meeting while the determination of a conflict of interest is discussed and voted upon. If a conflict that may affect the daily or long-term operations of the association is identified, either the conflict is removed or the person is asked to no longer serve in such capacity. If a conflict is noted pertaining to an employee, that person will not serve or sit on committees that pertain to personnel issues. To ensure the association operates in a manner consistent with charitable purposes and does not engage in activities that could jeopardize its tax-exempt status, each director and employee must annually sign a statement that affirms that such person has received a copy of the conflict of interest policy, has read and understands the policy, and has agreed to comply with the policy.”

“The association makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“Acts and features: program service expenses 52,626. Management and general expenses 0. Fundraising expenses 0. Total expenses 52,626. Judges: program service expenses 10,706. Management and general expenses 0. Fundraising expenses 0. Total expenses 10,706. Fair labor: program service expenses 21,172. Management and general expenses 0. Fundraising expenses 0. Total expenses 21,172.”

“Change in beneficial interest in assets held by madison community foundatio 710.”