Elk River Education Association
- Assets
- $325.8k
- Revenue
- $916.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Elk River, MN
- Founding
- 01/2000
- Data as of
- 08/2023
- EIN
- 23-7125522
Organization Overview
Elk River Education Association is located in Elk River, MN. The organization was established in 2000. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Elk River 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 08/2023, Elk River Education Association generated $916.5k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $870.8k during the year ending 08/2023. While expenses have increased by 1.1% per year over the past 8 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE ELK RIVER EDUCATION ASSOCIATION EREA IS OUR TEACHERS UNION FOR THE ELK RIVER AREA SCHOOL DISTRICT. EREA PROVIDES REPRESENTATION FOR OUR MEMBERS. WE REPRESENT THE TEACHERS IN CONTRACT NEGOTIATIONS. WE WORK TO PROVIDE A POSITIVE LEARNING ENVIRONMENT FOR THE LEARNERS IN OUR DISTRICT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STIPENDS FOR THE MEMBERS WHO ARE FULFILLING ALL THE ROLES EXECUTIVE COUNCIL MEMBERS OFFICERS COMMITTEE CHAIRS COMMITTEE MEETING MEMBERS ETC. REPRESENTING OUR TEACHING STAFF AND SHARING UNION INFORMATION REPRESENTING OUR TEACHERS NEGOTIATING THE CONTRACT MAKING SURE THE CONTRACT IS FOLLOWED BY BOTH THE DISTRICT AND THE TEACHERS SO THAT WE MAY PROVIDE A QUALITY EDUCATION TO OUR STUDENTS.
SETTLEMENT TASK FORCE ORGANIZING AND RELATIONAL ACTIVITIES: TO ORGANIZE AND UNITE OUR MEMBERS DURING THE NEGOTIATIONS PROCESS TO HELP IMPROVE THE WORKING CONDITIONS FOR OUR TEACHING STAFF AND TO IMPROVE THE EDUCATION OPPORTUNITIES FOR OUR STUDENTS.
CONVENTIONS WORKSHOPS MEETINGS: MEMBERS TRAVEL TO AND ATTEND THESE TO LEARN MORE ABOUT TEACHING UNION MEMBERSHIP TEACHER RIGHTS EDUCATIONAL STRATEGIES AND MORE TO IMPROVE THE EDUCATION OF OUR STUDENTS AND WORKING CONDITIONS FOR OUR MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa K Q Olson President Negotiator | Officer | 15 | $13,712 |
Russell Gnan Negotiator Executive Council Grant Presentations | Trustee | 6 | $7,443 |
Cory Puppe Negotiator Teacher Rights Chair | Officer | 6 | $7,239 |
Sarah Jeanne Klocker Head Negotiator | Officer | 6 | $6,867 |
Michelle Farnum Secretary Teacher Rights | Officer | 3 | $3,673 |
Shawn Theresa Scheel Negotiator Executive Council | Trustee | 3 | $3,673 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $845,749 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $70,024 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $915,773 |
| Total Program Service Revenue | $0 |
| Investment income | $687 |
| 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 | $916,460 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $3,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $97,713 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,247 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,818 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,742 |
| Information technology | $4,862 |
| Royalties | $0 |
| Occupancy | $24,327 |
| Travel | $10,982 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,486 |
| Interest | $0 |
| Payments to affiliates | $687,339 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $150 |
| Total functional expenses | $870,803 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $325,803 |
| 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 | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $325,803 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $325,803 |
| 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 | $325,803 |