Fall River Educators
- Assets
- $439.7k
- Revenue
- $179.1k
- Investments
- $0.0
- Employees
- 7
- Location
- Fall River, MA
- Founding
- 09/1969
- Data as of
- 06/2022
- EIN
- 23-7037161
Organization Overview
Fall River Educators is located in Fall River, MA. The organization was established in 1969. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 06/2022, Fall River Educators employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fall River Educators 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 06/2022, Fall River Educators generated $179.1k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $209.5k during the year ending 06/2022. 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
SERVE AS A COLLECTIVE BARGAINING UNIT FOR THE FALL RIVER, MASSACHUSETTS TEACHERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BARGAINING AND OTHER UNION RELATED SERVICES PROVIDED TO FALL RIVER TEACHERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Keith Michon Jr President | Officer | 40 | $4,704 |
Lorraine Gagne Director | Officer | 4 | $2,304 |
Donna Torres Vice President | Officer | 4 | $1,728 |
Karl Amaral Treasurer | Officer | 4 | $2,304 |
Rebecca Jontos Secretary/clerk | Officer | 4 | $2,304 |
Kate Mcgraw Director | Officer | 4 | $1,728 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $152,940 |
| 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 | $152,940 |
| Total Program Service Revenue | $0 |
| Investment income | $62 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $179,063 |
| 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. | $122,762 |
| Compensation of current officers, directors, key employees. | $30,690 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $31,020 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $5,074 |
| Fees for services: Management | $1,050 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $4,847 |
| Office expenses | $2,631 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $11,311 |
| Travel | $2,682 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,637 |
| Insurance | $2,377 |
| All other expenses | $1,277 |
| Total functional expenses | $209,470 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $263,628 |
| Savings and temporary cash investments | $56,452 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,864 |
| 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 | $0 |
| Net Land, buildings, and equipment | $117,706 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $439,650 |
| Accounts payable and accrued expenses | $64,306 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $64,306 |
| Net assets without donor restrictions | $370,408 |
| Net assets with donor restrictions | $4,936 |
| 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 | $439,650 |