Willoughby-Eastlake Teachers Association
- Assets
- $145.9k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Willoughby, OH
- Founding
- 10/1984
- Data as of
- 08/2024
- EIN
- 34-1423998
Organization Overview
Willoughby-Eastlake Teachers Association is located in Willoughby, OH. The organization was established in 1984. 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. Willoughby-Eastlake Teachers Association is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 08/2024, Willoughby-Eastlake Teachers Association generated $90.2k 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 (3.0%) each year. All expenses for the organization totaled $87.0k during the year ending 08/2024. As we would expect to see with falling revenues, expenses have declined by (2.0%) per year over the past 5 years. 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
2024
Describe the Organization's Program Activity:
Part 3
IMPROVE MEMBERS PROFESSIONAL ABILITIES, SECURE BETTER SALARIES, AND IMPROVE WORKING CONDITIONS. PARTICIPATE IN MEMBER CONVENTIONS, BARGAIN COLLECTIVELY, AND PROCESS GRIEVANCES. IMPROVE MEMBERS OF ASSOCIATION ACTIVITIES THROUGH REGULAR MEETINGS AND NEWSLETTERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Mcfee President | 25 | $2,820 | |
Bryan Bain Treasurer | 4 | $1,420 | |
Jennifer Tompkins Secretary | 1 | $820 | |
Michelle Augusta Vice President (high Schools) | 1 | $820 | |
Julie Oostdyk Vice President (elementary Schools) | 1 | $820 | |
Katie Reilly Vice President (middle Schools) | 1 | $820 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $25,964 |
| Total Program Service Revenue | $0 |
| Membership dues | $58,222 |
| Investment income | $61 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $5,948 |
| Other Revenue | $0 |
| Total Revenue | $90,195 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $8,461 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $73,561 |
| Total expenses | $87,022 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $145,880 |
| Other assets | $0 |
| Total assets | $145,880 |
| Total liabilities | $0 |
| Net assets or fund balances | $145,880 |