Headmasters Association
- Assets
- $159.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Watertown, CT
- Founding
- 07/2002
- Data as of
- 09/2023
- EIN
- 04-3105291
Organization Overview
Headmasters Association is located in Watertown, CT. The organization was established in 2002. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Headmasters Association is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 09/2023, Headmasters Association generated $195.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $179.4k during the year ending 09/2023. While expenses have increased by 4.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Program Activity:
Part 3
THE MISSION OF THE ORGANIZATION IS TO INCREASE THE OPPORTUNITIES FOR MUTUAL AQUAINTANCE AMONG HEADS OF SCHOOLS AND PUBLIC SCHOOL PRINCIPALS OR SUPERINTENDENTS AND FOR THE INTERCHANGE OF VIEWS ON MATTERS OF COMMON INTEREST TO SECONDARY SCHOOLS. SERVES 75 INDEPENDENT SCHOOL HEADS AND 25 PUBLIC SCHOOL PRINCIPALS OR SUPERINTENDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Charles M Stillwell Vice Preside | 0.5 | $0 | |
Kathleen C Giles Past Treasur | 2 | $0 | |
Peter Becker Effective 22024 Treasurer | 0 | $0 | |
Aimeclaire Roche President | 0.5 | $0 | |
Monique Devane Member | 0.5 | $0 | |
Charles Dumais Secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $134,450 |
| Membership dues | $58,200 |
| Investment income | $3,070 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $195,720 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $46,580 |
| Professional fees and other payments to independent contractors | $1,660 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $131,164 |
| Total expenses | $179,404 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $136,364 |
| Other assets | $0 |
| Total assets | $158,971 |
| Total liabilities | $0 |
| Net assets or fund balances | $158,971 |