Connecticut Education Association
- Assets
- $589.7k
- Revenue
- $98.8k
- Investments
- $196.8k
- Employees
- 9
- Location
- Milford, CT
- Founding
- 09/1971
- Data as of
- 06/2024
- EIN
- 23-7106726
Organization Overview
Connecticut Education Association is located in Milford, CT. The organization was established in 1971. 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 06/2024, Connecticut Education Association employed 9 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Connecticut Education 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 06/2024, Connecticut Education Association generated $98.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $65.5k during the year ending 06/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
REPRESENT TEACHERS' RIGHTS, NEGOTIATE TEACHER CONTRACTS, AND ACT AS LIAISON BETWEEN MILFORD TEACHERS AND CONNECTICUT EDUCATION ASSOCIATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
REPRESENTATION OF TEACHERS IN CONTRACT NEGOTIATIONS AND ARBITRATION TO BENEFIT ALL TEACHERS IN THE DISTRICT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
April Agvent Treasurer | Officer | 3 | $3,316 |
Joanne Thompson Secretary | Officer | 2 | $2,368 |
Mary-Ellen Coloski President | Officer | 5 | $10,185 |
Stephen Beale Vice-President | Officer | 4 | $5,923 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $85,246 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $92,246 |
| Total Program Service Revenue | $0 |
| Investment income | $5,921 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $628 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $98,795 |
| 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. | $21,792 |
| Compensation of current officers, directors, key employees. | $21,792 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,275 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $3,070 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,426 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,322 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $8,830 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,519 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $1,440 |
| All other expenses | $108 |
| Total functional expenses | $65,456 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $258,069 |
| Savings and temporary cash investments | $134,868 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $196,750 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $589,687 |
| Accounts payable and accrued expenses | $0 |
| 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 | $1,265 |
| Total liabilities | $1,265 |
| Net assets without donor restrictions | $0 |
| 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 | $588,422 |
| Total liabilities and net assets/fund balances | $589,687 |