Farmington Education Association
- Assets
- $7.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Farmington, MN
- Founding
- Data as of
- 08/2022
- EIN
- 23-7125416
Organization Overview
Farmington Education Association is located in Farmington, MN.
For the year ending 08/2022, Farmington Education Association generated $49.6k in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $63.1k during the year ending 08/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
SCHOLARSHIPS - A SCHOLARSHIP PROGRAM FOR STUDENTS ATTENDING COLLEGE. THE UNION MAKES $1500 ANNUAL DONATION THAT SUPPORTS THREE STUDENTS' POST HIGH SCHOOL EDUCATION. CONTRACT ADMINISTRATION/LABOR RELATIONS. - THE UNION ORGANIZES MEMBERSHIP, MAKES MEMBERS AWARE OF AND ADVOCATES FOR ISSUES THAT AFFECT OUR MEMBERS, AND REPRESENTS MEMBERS TO THE DISTRICT AND SCHOOLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Revels President | 20 | $8,700 | |
Michael Klien Vice President | 10 | $599 | |
Lori Lukasezck Secretary | 5 | $599 | |
Julie Hoeve Treasurer | 5 | $599 | |
Amy Kienberger Membership Contact | 5 | $599 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $49,561 |
| Investment income | $5 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $49,566 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $50,480 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $131 |
| Other expenses | $12,510 |
| Total expenses | $63,121 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $7,941 |
| Other assets | $0 |
| Total assets | $7,941 |
| Total liabilities | $0 |
| Net assets or fund balances | $7,941 |