Winnebago County Retired Teachers Association
- Assets
- $210.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Rockford, IL
- Founding
- 09/1972
- Data as of
- 12/2020
- EIN
- 23-7154206
Organization Overview
Winnebago County Retired Teachers Association is located in Rockford, IL. The organization was established in 1972. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, 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. Winnebago County Retired Teachers Association is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2020, Winnebago County Retired Teachers Association generated $8.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (14.0%) each year. All expenses for the organization totaled $39.1k during the year ending 12/2020. 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
2020
Describe the Organization's Program Activity:
Part 3
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dorothy Schoonover Treasurer | 3 | $0 | |
Gayle Sears Co Vice President | 3 | $0 | |
Sue Lewandowski Co Vice President | 3 | $0 | |
Gayle Haab President | 3 | $0 | |
Shirley Davidson Secretary | 1 | $0 | |
Betty Davison Membership | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,440 |
| Total Program Service Revenue | $84 |
| Membership dues | $0 |
| Investment income | $5,725 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $8,249 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $11,000 |
| Salaries, other compensation, and employee benefits | $2,320 |
| Professional fees and other payments to independent contractors | $150 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $25,642 |
| Total expenses | $39,112 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $210,246 |
| Other assets | $0 |
| Total assets | $210,246 |
| Total liabilities | $0 |
| Net assets or fund balances | $210,246 |