Association Of Computer Technology Educators Of Maine
- Assets
- $431.5k
- Revenue
- $232.2k
- Investments
- $0.0
- Employees
- 1
- Location
- Gorham, ME
- Founding
- 06/1997
- Data as of
- 06/2022
- EIN
- 01-0491710
Organization Overview
Association Of Computer Technology Educators Of Maine is located in Gorham, ME. The organization was established in 1997. According to its NTEE Classification (B60) the organization is classified as: Adult Education, 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. Association Of Computer Technology Educators Of Maine 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 06/2022, Association Of Computer Technology Educators Of Maine generated $232.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $242.8k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.8%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ASSOCIATION'S MISSION IS TO ENHANCE AND INFLUENCE EDUCATION IN MAINE THROUGH THE USE OF TECHNOLOGY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINE EDUCATION TECHNOLOGY CONFERENCE HELD FOR MEMBERS AS WELL AS K-12 EDUCATORS TO DISCUSS COMPUTER TECHNOLOGY AND ITS RELATIONSHIP WITH TODAY'S CLASSROOMS. PROFESSIONAL DEVELOPMENT OFFERINGS ARE MADE TO FURTHER EDUCATION OF MEMBER'S EMPLOYEES.
MEMBERSHIP SERVICES: 1) ELECTRONIC TECHNOLOGY NEWSLETTER AND MEETINGS HELD QUARTERLY ALONG WITH MAINTENANCE OF ASSOCIATION OF WEBSITE AS RESOURCES FOR MEMBERSHIP. 2) PROVIDE VARIOUS MEMBERSHIP TRAINING PROGRAMS. 3) PROVIDE SIGNIFICANT DISCOUNT ON BULK PURCHASED SOFTWARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary Lanoie Executive Director | Officer | 50 | $89,727 |
Cheryl Oakes Board Member | Trustee | 1 | $5,000 |
Stephanie Cheney Conference Co-Chair | Trustee | 5 | $5,000 |
Rachel Guthrie Newsletter Editor | Trustee | 3 | $2,400 |
Dennis Kunces Board Member | Trustee | 2 | $595 |
Michael Arsenault President | OfficerTrustee | 8 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Douglas Stewart Company Supplier | 6/29/15 | $103,118 |
Cdwg Supplier | 6/29/15 | $148,103 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $16,620 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $16,620 |
| Total Program Service Revenue | $73,750 |
| Investment income | $843 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $17,804 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $123,027 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $232,156 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $89,727 |
| Compensation of current officers, directors, key employees. | $29,919 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $2,898 |
| Other employee benefits | $0 |
| Payroll taxes | $7,045 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,775 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,513 |
| Fees for services: Other | $39,825 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,008 |
| Travel | $123 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $48,408 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $317 |
| Insurance | $3,217 |
| All other expenses | $2,739 |
| Total functional expenses | $242,818 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $87,552 |
| Savings and temporary cash investments | $279,813 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $62,859 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $744 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $500 |
| Total assets | $431,468 |
| Accounts payable and accrued expenses | $23,955 |
| Grants payable | $0 |
| Deferred revenue | $28,398 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $52,353 |
| Net assets without donor restrictions | $379,115 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $431,468 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Association Of Computer Technology Educators Of Maine has recieved totaling $63.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $63 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nashua Adult Learning Center Inc Nashua, NH | $5,002,850 | $5,676,963 |
New Hampshire Assoc Of Special Education Administrators Inc Concord, NH | $597,509 | $614,462 |
Axiom Education & Training Center Machias, ME | $38,090 | $461,922 |
Northern New England Center For Financial Training Springvale, ME | $383,958 | $502,348 |
Womens Rural Entrepreneurial Network Bethlehem, NH | $244,430 | $329,541 |
Association Of Computer Technology Educators Of Maine Gorham, ME | $431,468 | $232,156 |
Monadnock Art X Tech Peterborough, NH | $88,260 | $264,707 |
Curran Homestead Orrington, ME | $2,707,987 | $129,060 |
Midcoast Literacy Bath, ME | $113,334 | $0 |
College Guild Brunswick, ME | $415,805 | $0 |
Taproot Farm & Environmental Education Center Lancaster, NH | $259,954 | $211,869 |
Midcoast Senior College Brunswick, ME | $284,453 | $0 |