Park of East Texas Inc.
Park of East Texas Inc.
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About this organization
Mission
The Park of East Texas, Inc (POET) operates, maintains, and supports an annual fair produced by the staff and volunteers of The Park of East Texas, Inc. The POET promotes the advancement of education through essay contests, art exhibits and displays of agricultural and horticultural advancements, and techniques and other subjects that are usful to individuals and beneficial to the community. The Park of East Texas has acquired 240 acres with plans for a year-round master planned area which includes equestrian facilities, exhibition and expo space, meeting rooms, open demonstration and educational space, an amphitheater, an events center, equestrian and pedestrian trails and a hotel. An environmentally controlled, multi-purpose arena is planned for Phase 1 with planned usage to include trade shows, commencement programs, conventions, concerts, horse shows, car shows, and other events left to the imagination.
About
The Park of East Texas, Inc. (DBA East Texas State Fair Association) offers unique educational opportunities to youth through a wide variety of programs. Annual scholarships are awarded through the POET and through an internal educational competition, Academic Rodeo. Graduating seniors are able to apply for POET scholarships to attend Tyler Junior College for a $750 per semester stipend. Up to ten two-year POET scholarships are awarded annually ($30,000) to students attending Tyler Junior College. Academic Rodeo participants who place first-third in any competition are able to apply for Academic Rodeo scholarships. These scholarships are awarded to both middle school and high school students, for a total of 10 scholarship awards annually. The PARK OF EAST TEXAS is its own educational tool. Student tour groups visit the fair annually to tour the various exhibits. These tours are the initial exposure many students have to the world of agriculture, farming, and livestock. The opportunity to demonstrate to children how agriculture touches their daily lives is an important lesson. The East Texas State Fair livestock show supports over 3,500 entries and honors winners with cash premiums totaling over $20,000 per year.
Interesting data from their 2020 990 filing
The purpose of the non-profit, as set forth in the filing, is “The park of east texas, inc (poet) operates, maintains, and supports an annual fair produced by the staff and volunteers of the park of east texas, inc. the poet promotes the advancement of education through essay contests, art exhibits and displays of agricultural and horticultural advancements, and techniques and other subjects that are usful to individuals and beneficial to the community. the park of east texas has acquired 240 acres with plans for a year-round master planned area which includes equestrian facilities, exhibition and expo space, meeting rooms, open demonstration and educational space, an amphitheater, an events center, equestrian and pedestrian trails and a hotel. an environmentally controlled, multi-purpose arena is planned for phase 1 with planned usage to include trade shows, commencement programs, conventions, concerts, horse shows, car shows, and other events left to the imagination.”.
When discussing its purpose, they were characterized as: “The park of east texas, inc (poet) operates, maintains, and supports an annual fair produced by the staff and volunteers of the park of east texas, inc. the poet promotes the advancement of education through essay contests, art exhibits and displays of agricultural and horticultural advancements, and techniques and other subjects that are usful to individuals and beneficial to the community. the park of east texas has acquired 240 acres with plans for a year-round master planned area which includes equestrian facilities, exhibition and expo space, meeting rooms, open demonstration and educational space, an amphitheater, an events center, equestrian and pedestrian trails and a hotel. an environmentally controlled, multi-purpose arena is planned for phase 1 with planned usage to include trade shows, commencement programs, conventions, concerts, horse shows, car shows, and other events left to the imagination.”.
- The state in which the non-profit is legally authorized to operate is TX, as reported.
- The filing confirms that the non-profit's address in 2020 was 2112 WEST FRONT STREET, TYLER, TX, 75702.
- The form of the non-profit reports 94 employees as of 2020.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$69,047.
- The remuneration of the CEO of the organization is based on an independent review and approval process.
- The organization elects its board members.
- The organization has 35 independent voting members.
- The organization was formed in 1976.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule J.
- The organization is required to file Schedule O.
- The organization's financial statements were compiled or reviewed by an accountant.
- The organization pays $726,091 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization pays grants to individuals.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.