Employers Association Training Center Inc
- Assets
- $45.7k
- Revenue
- $718.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Agawam, MA
- Founding
- 10/1993
- Data as of
- 12/2021
- EIN
- 04-3179861
Organization Overview
Employers Association Training Center Inc is located in Agawam, MA. The organization was established in 1993. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Employers Association Training Center Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Employers Association Training Center Inc generated $718.5k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $497.1k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED IN-PERSON AND WEBINAR BASED TRAINING PROGRAMS DESIGNED TO ENHANCE PERSONAL AND PROFESSIONAL GROWTH OPPORTUNITIES AS WELL AS ROUNDTABLE DISCUSSION GROUP FORMATS FOR SHARING IDEAS AND REAL-LIFE LEARNING EXPERIENCES TO OVER 140,000 EMPLOYEES FROM 1,055 MEMBER AND NON-MEMBER EMPLOYERS IN THE REGION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mike Rocheleau Director | 1 | $0 | |
Toni Hendrix Director | 1 | $0 | |
Tim Daly Chairperson | 1 | $0 | |
Meredith Wise President | 15 | $0 | |
Steve Martin Director | 1 | $0 | |
Elaine Adams First Vice-Chairperson | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $159,564 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $558,924 |
| Total Revenue | $718,488 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $213,641 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $28,977 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $9,849 |
| Occupancy | $15,941 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $226,962 |
| Total operating and administrative expenses | $497,128 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $497,128 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $27,880 |
| Net Accounts receivable | $10,113 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,607 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $5,053 |
| Other assets | $0 |
| Total assets | $45,653 |
| Accounts payable and accrued expenses | $8,037 |
| Grants payable | $0 |
| Deferred revenue | $58,395 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $309,339 |
| Total liabilities | $375,771 |
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