2026-06-12T12:56:18-05:00 2025-12-31 510218897 HORTY & HORTY PA 503 CARR ROAD STE 120 WILMINGTON DE 19809 990 2025-01-01 510072431 THE DELAWARE STATE FAIR INC DELA 3023983269 PO BOX 28 HARRINGTON DE 19952 R RONALD DRAPER PRESIDENT 3023983269 2026-06-12 1 DOUGLAS R PHILLIPS P00068641 3026524194 2026-06-12 2025 2025-03-06 01:10:19Z R RONALD DRAPER PO BOX 28 HARRINGTON DE 19952 17841591 0 X WWW.DELAWARESTATEFAIR.COM X 1920 DE THE MISSION OF THE DELAWARE STATE FAIR, INC. FOCUSES ON THE PRESERVATION OF THE PAST, PROMOTION OF THE PRESENT, AND EDUCATION IN THE FUTURE, OF AGRICULTURE, HORTICULTURE, MECHANICAL ARTS, AND RURAL AND DOMESTIC ECONOMY. 75 69 529 150 294622 0 842742 1735947 7243868 7026756 1958559 2339671 1592884 1460727 11638053 12563101 0 0 0 0 2895127 2758600 0 0 0 7186962 7348045 10082089 10106645 1555964 2456456 43165096 46916495 2039372 1781909 41125724 45134586 THE MISSION OF THE DELAWARE STATE FAIR, INC. FOCUSES ON THE PRESERVATION OF THE PAST, PROMOTION OF THE PRESENT, AND EDUCATION IN THE FUTURE, OF AGRICULTURE, HORTICULTURE, MECHANICAL ARTS, AND RURAL AND DOMESTIC ECONOMY. 0 0 9692722 10223437 ORGANIZE AND OPERATE THE DELAWARE STATE FAIR 9692722 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 74 0 529 1 1 1 0 0 0 0 0 0 0 0 0 X 75 69 1 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X THE DELAWARE STATE FAIR INC 3023983269 PO BOX 28 HARRINGTON DE 199520028 WILLIAM G JESTER DIRECTOR 1.00 X 0 0 0 WILLIAM COULTER PASSWATERS DIRECTOR 0.00 X 0 0 0 LEROY BETTS DIRECTOR 0.00 X 0 0 0 TODD LAWSON DIRECTOR 0.00 X 0 0 0 TIMOTHY C MALONEY JR DIRECTOR 0.00 X 0 0 0 TERRY PEPPER DIRECTOR 0.00 X 0 0 0 SUSAN TRUEHART GAREY DIRECTOR 0.00 X 0 0 0 SHELLY W SIMPSON DIRECTOR 0.00 X 0 0 0 SHANTE HASTINGS EXECUTIVE BOARD 0.00 X 0 0 0 SAMANTHA BW STEELE DIRECTOR 0.00 X 0 0 0 RUTHI ADAMS-JOSEPH DIRECTOR 0.00 X 0 0 0 RUSSELL NEAL EXECUTIVE BOARD 1.00 X 0 0 0 RONALD W JARRELL DIRECTOR 0.00 X 0 0 0 ROGER MARINO HONORARY DIRECTOR 0.00 X 0 0 0 ROBERT A TAYLOR DIRECTOR 0.00 X 0 0 0 ROBERT G BRODE DIRECTOR 0.00 X 0 0 0 ROBERT F RIDER JR DIRECTOR 0.00 X 0 0 0 ROBERT BOOK DIRECTOR 0.00 X 0 0 0 ROBERT A KILLEN DIRECTOR 0.00 X 0 0 0 R RONALD DRAPER PRESIDENT 1.00 1.00 X X 0 0 0 R BRUCE BETTS DIRECTOR 0.00 X 0 0 0 PENI WARREN EXECUTIVE BOARD 0.00 X 0 0 0 NIKKI MOWBRAY DIRECTOR 0.00 X 0 0 0 MICHAEL WASYLKOWSKI DIRECTOR 0.00 X 0 0 0 MICHAEL SCUSE DIRECTOR 0.00 X 0 0 0 MICHAEL J PETIT DE MANGE DIRECTOR 0.00 X 0 0 0 MARK BREEDING 4TH VICE PRESIDENT 1.00 X X 0 0 0 MARIAN HANDLIN DIRECTOR 0.00 X 0 0 0 L AARON CHAFFINCH DIRECTOR 0.00 X 0 0 0 KRISTIN COOK DIRECTOR 0.00 X 0 0 0 KENNETH S CLARK JR 1ST VICE PRESIDENT 1.00 X X 0 0 0 KENNETH L MCDOWELL DIRECTOR 0.00 X 0 0 0 KAREN HUTCHISON DIRECTOR 0.00 X 0 0 0 KAITLIN ROGERS DIRECTOR 0.00 X 0 0 0 JOSEF A BURGER HONORARY DIRECTOR 0.00 X 0 0 0 JOHN W HICKEY DIRECTOR 0.00 X 0 0 0 JOHN M CURTIS JR DIRECTOR 0.00 X 0 0 0 JOHN D HUKILL HONORARY DIRECTOR 0.00 X 0 0 0 JIMMY D WARREN DIRECTOR 0.00 X 0 0 0 JESSE VANDERWENDE DIRECTOR 0.00 X 0 0 0 JEFF CHAMBERS DIRECTOR 0.00 X 0 0 0 JEANIE T DELEO 3RD VICE PRESIDENT 1.00 X X 0 0 0 JASON HALL DIRECTOR 0.00 X 0 0 0 JAMES W MESSICK II EXECUTIVE BOARD 1.00 1.00 X 0 0 0 JAMES W MESSICK EXECUTIVE BOARD 1.00 1.00 X 0 0 0 JAMES M SATTERFIELD IV DIRECTOR 0.00 X 0 0 0 JAMES L CROTHERS HONORARY DIRECTOR 0.00 X 0 0 0 JACOB BLACKSTEN DIRECTOR 0.00 X 0 0 0 J WILLIAM ANDREW HONORARY DIRECTOR 0.00 X 0 0 0 HARVEY R KENTON JR 2ND VICE PRESIDENT 1.00 X X 0 0 0 HARRY E RAUGHLEY EXECUTIVE BOARD 0.00 X 0 0 0 HAROLD K BRODE DIRECTOR 0.00 X 0 0 0 GEORGE LUFF EXECUTIVE BOARD 1.00 X 0 0 0 G ROBERT MOORE JR EXECUTIVE BOARD 0.00 X 0 0 0 F GARY SIMPSON EXECUTIVE BOARD 0.00 X 0 0 0 ELIZABETH MORRIS DIRECTOR 0.00 X 0 0 0 ELAINE ZEITLER WEBB DIRECTOR 0.00 X 0 0 0 DONNA MOWBRAY DIRECTOR 0.00 X 0 0 0 DENIS P SHAFFER EXECUTIVE BOARD 0.00 X 0 0 0 C DELBERT CAIN HONORARY DIRECTOR 0.00 X 0 0 0 DEBORAH VANDERWENDE DIRECTOR 0.00 X 0 0 0 DAVID L WILSON DIRECTOR 0.00 X 0 0 0 DAVID G JONES DIRECTOR 0.00 X 0 0 0 CHRISTOPHER SCUSE EXECUTIVE BOARD 0.00 X 0 0 0 C DOUGLAS CROUSE TREASURER 5.00 X X 2000 0 0 BRIAN C SOMERS DIRECTOR 0.00 X 0 0 0 BRENT M ADAMS JR DIRECTOR 0.00 X 0 0 0 BETHANY ORTON DIRECTOR 0.00 X 0 0 0 ARTHUR B CAHALL III DIRECTOR 0.00 X 0 0 0 ANTHONY RICHARDSON DIRECTOR 0.00 X 0 0 0 AMY JONES EXECUTIVE BOARD 0.00 X 0 0 0 JOSH BETHARD DIRECTOR 0.00 X 0 0 0 AMANDA SMITH DIRECTOR 0.00 X 0 0 0 LAUREN E RUSKEY DIRECTOR 0.00 X 0 0 0 DANNY R AGUILAR GEN MANAGER/SECRETARY 60.00 X X 202487 0 8099 BENJAMIN SOMERS DIRECTOR 0.00 X 0 0 0 BRENT ADAMS III DIRECTOR 0.00 X 0 0 0 H WESLEY TOWERS JR DIRECTOR 0.00 X 0 0 0 DONALD MCLAMB JR EXECUTIVE BOARD 1.00 1.00 X 0 0 0 WILLIAM J DIMONDI DIRECTOR 0.00 X 0 0 0 JOHN W HENDRICKS DIRECTOR 0.00 X 0 0 0 204487 0 8099 1 0 1 0 COLLINS MECHANICAL INC 15294 S DUPONT HWY HARRINGTON DE 19952 CONSTRUCTION 908329 MID SOUTH AUDIO LLC PO BOX 128 MILTON DE 19968 CONSTRUCTION 679949 LEROY BETTS CONSTRUCTION INC 4020 HOPKINS CEMETERY RD FELTON DE 19943 CONSTRUCTION 551863 BACK 40 TOURING INC PO BOX 340020 NASHVILLE TN 37203 ENTERTAINMENT 485074 KB COLDIRON INC PO BOX 297 FRANKFORD DE 19945 CONSTRUCTION 291345 19 1070000 665947 1735947 GATE AND GRANDSTAND 711300 4241169 4241169 CONCESSIONS 711300 1103964 1103964 CARNIVAL 711300 851007 851007 OTHER INCOME 711300 535994 535994 CENTRE REVENUE 711300 294622 294622 7026756 1990731 1990731 1151356 0 1151356 1151356 1151356 5495455 31610 5096584 81541 398871 -49931 348940 348940 409736 100365 309371 309371 12563101 7390445 294622 3142087 204486 194262 10224 2111081 2039146 71935 121905 116359 5546 132535 126405 6130 188593 182086 6507 34464 34464 420 420 35660 35660 115418 115418 15156 15156 195402 195402 28183 26879 1304 62082 59004 3078 1633622 1561316 72306 296364 283898 12466 GRANDSTAND/SUPPORT 1894233 1894233 FAIR WEEK EXPENSES 1028550 1028550 UTILITIES, TRASH, R&M/F 965839 928405 37434 SAFETY, FEES, AND PROGR 864197 851228 12969 178455 171085 7370 10106645 9692722 413923 0 -1 10791550 7988238 668241 636199 3911 5701 114458 121161 45603109 28383069 13655490 17220040 17658414 20704747 155628 155628 117405 84781 43165096 46916495 543254 557602 1438131 1162728 57987 61579 2039372 1781909 X 41125724 45134586 41125724 45134586 43165096 46916495 X 2456456 1536406 16000 X X 0 1 X 1 0 X 4276339 2130492 1161561 842742 1735947 10147081 4276339 2130492 1161561 842742 1735947 10147081 10147081 975641 1216151 1976323 2529865 2639752 9337732 19484813 35821905 0.52080 0.55110 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 507034 507034 21074448 10095915 10978533 12815646 10786129 2029517 9941350 7472822 2468528 1264631 28203 1236428 17220040 RETIREMENT CONTRIBUTION PAYABLE 61579 61579 X 14215872 1536406 16000 1552406 12663466 -100365 -100365 12563101 10207010 100365 100365 10106645 0 10106645 PART X, LINE 2: THE FAIR RECOGNIZES THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE-LIKELY-THAN-NOT THAT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. MANAGEMENT HAS EVALUATED THE FAIR'S TAX POSITIONS AND CONCLUDED THAT THE FAIR HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS. PART XI, LINE 2D - OTHER ADJUSTMENTS: ISSUANCE OF SHARES 16,000. PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD -100,365. PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD 100,365. X X 0 0 0 0 0 0 0 0 0 DANNY R AGUILAR GEN MANAGER/SECRETARY 202487 0 0 0 0 0 8099 0 0 0 210586 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 R. BRUCE BETTS AND W. LEROY BETTS - FAMILY RELATIONSHIP BRIAN SOMERS, BENJAMIN SOMERS AND ELIZABETH MORRIS - FAMILY RELATIONSHIP JAMES W. MESSICK AND JAMES W. MESSICK, II - FAMILY RELATIONSHIP COULTER PASSWATERS AND JOHN HUKILL - FAMILY RELATIONSHIP DEBORAH VANDERWENDE, JESSE VANDERWENDE AND BETHANY ORTON - FAMILY RELATIONSHIP DONNA MOWBRAY AND NIKKI MOWBRAY - FAMILY RELATIONSHIP MICHAEL SCUSE, CHRISTOPHER SCUSE AND GEORGE SCUSE - FAMILY RELATIONSHIP HAROLD BRODE, ROBERT BRODE AND LAUREN MCLAUGHLIN - FAMILY RELATIONSHIP ROBERT KILLEN AND TIMOTHY MALONEY JR - FAMILY RELATIONSHIP BRENT ADAMS, JR AND BRENT ADAMS, III - FAMILY RELATIONSHIP HARVEY KENTON AND MICHAEL KENTON - FAMILY RELATIONSHIP FORM 990, PART VI, SECTION A, LINE 6 AS OF DECEMBER 31, 2025, THE DELAWARE STATE FAIR, INC. HAD APPROXIMATELY 8,550 SHAREHOLDERS. SHARES CAN BE PURCHASED DIRECTLY FROM THE DELAWARE STATE FAIR, INC. FOR THE ESTABLISHED PRICE OF $500/SHARE. A CERTIFICATE IS NOT A SECURITY AND DOES NOT CONVEY ANY EQUITY OR OWNERSHIP INTEREST IN THE DELAWARE STATE FAIR, INC. OR ANY OF ITS ASSETS. A SHAREHOLDER SHALL NOT BE ENTITLED TO ANY DISTRIBUTION OR PORTION OF THE ASSETS OF THE DELAWARE STATE FAIR, INC. UPON ITS DISSOLUTION OR WINDING UP. NO DIVIDEND WILL EVER BE PAID TO THE HOLDER OF A CERTIFICATE. ANNUALLY, SHAREHOLDERS MEET IN ORDER TO ELECT THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7A SHAREHOLDERS MEET ANNUALLY TO ELECT THE BOARD OF DIRECTORS. THE BOARD'S NOMINATING COMMITTEE MEETS ONCE OR TWICE PRIOR TO THE ANNUAL SHAREHOLDERS MEETING TO FORMULATE RECOMMENDATIONS FOR NOMINATING A SLATE OF DIRECTORS FOR THE SERVICE DURING THE ENSUING YEAR. THESE NOMINATIONS ADDRESS RE-ELECTION OF SITTING DIRECTORS AS WELL AS ADDRESSING ANY VACANCIES CREATED BY RESIGNATION OR DEATH DURING THE PREVIOUS TWELVE MONTHS. THE NOMINATING COMMITTEE'S RECOMMENDATIONS ARE REPORTED OUT AT THE SHAREHOLDERS MEETING. THE SHAREHOLDERS ACTING AS A QUORUM (BY WAY OF A COMIBINATION OF PERSONAL PRESENCE AND VOTES EXERCISED BY VALIDLY AUTHORIZED PROXIES) ELECT A BOARD. THE NEWLY ELECTED (OR RE-ELECTED) BOARD THEN MEETS AND CONDUCTS AN ANNUAL REORGANIZATION MEETING OF THE BOARD OF DIRECTORS AT WHICH TIME OFFICERS ARE ELECTED TO SERVE FOR THE FOLLOWING TWELVE MONTHS. FORM 990, PART VI, SECTION B, LINE 11B THE RETURN IS REVIEWED AT THE DELAWARE STATE FAIR'S ANNUAL MEETING. FOR THOSE THAT ARE UNABLE TO ATTEND, AN ALTERNATE DATE FOR REVIEW IS ESTABLISHED. FORM 990, PART VI, SECTION B, LINE 12C PURCHASE AND PROCUREMENT PROCESSES ARE MONITORED ON A TRANSACTION LEVEL BASIS FOR COMPLIANCE WITH THE BOARD'S ETHICS AND CONFLICT OF INTEREST POLICY. FORM 990, PART VI, SECTION B, LINE 15 THE GENERAL MANAGER PERFORMS ANNUAL REVIEWS OF ALL KEY EMPLOYEES AND REVIEWS SALARY RECOMMENDATIONS WITH THE BOARD'S PERSONNEL COMMITTEE WHICH CONSIDERS COMPARABLE SALARIES FROM WITHIN THE FAIR AND ENTERTAINMENT INDUSTRIES. THE BOARD'S PERSONNEL COMMITTEE REVIEWS THE GENERAL MANAGER IN THE SAME FASHION REFERENCED ABOVE. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST FORM 990, PART XI, LINE 9: ISSUANCE OF SHARES 16,000. FORM 990, PART XII, LINE 2C THE AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT. FORM 4562 THE DELAWARE STATE FAIR, INC., HEREBY ELECTS, PURSUANT TO IRC SEC. 168(K)(2)(D)(III), NOT TO CLAIM THE ADDITIONAL DEPRECIATION ALLOWABLE UNDER IRC SEC. 168(K) FOR ALL QUALIFYING PROPERTY PLACED IN SERVICE DURING THE TAX YEAR ENDING DECEMBER 31, 2025. SEE ATTACHED FORM 4562 HARRINGTON RACEWAY INC 15 WEST RIDER ROAD HARRINGTON DE 19952 510106130 VIDEO LOTTERY/RACING DE N/A C 134626030 0.77000 1 1 0 0 0 0 1 0 0 0 1 0 0 0 0 1 1 1 0 0 HARRINGTON RACEWAY INC A 654218 HARRINGTON RACEWAY INC Q 298888 HARRINGTON RACEWAY INC P 197410 HARRINGTON RACEWAY INC J 654218 HARRINGTON RACEWAY INC O 98310 HARRINGTON RACEWAY INC F 906360