Ohio Retired Teachers Association Inc
- Assets
- $1.8m
- Revenue
- $317.6k
- Investments
- $0.0
- Employees
- 3
- Location
- Columbus, OH
- Founding
- 07/1951
- Data as of
- 12/2021
- EIN
- 31-0566151
Organization Overview
Ohio Retired Teachers Association Inc is located in Columbus, OH. The organization was established in 1951. 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 12/2021, Ohio Retired Teachers Association Inc employed 3 individuals. This organization is an itermediate organization (such as a geographic headquarters) for a national or regional group of organizations. Ohio Retired Teachers Association Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.
For the year ending 12/2021, Ohio Retired Teachers Association Inc generated $317.6k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.1% each year . All expenses for the organization totaled $251.6k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
KEEP TEACHERS INFORMED ON RETIREMENT BENEFITS AND MONITOR LEGISLATIVE CHANGES THAT COULD AFFECT RETIRED TEACHERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
MONITORED ACTIVITIES OF THE STATE TEACHERS RETIREMENT SYSTEM AND KEPT MEMBERS INFORMED OF ACTIVITIES AND FUND PERFORMANCE. MONITORED OUTSEIDE FORENSIC AUDIT OF THE STATE TEACHERS RETIREMENT SYSTEM. WORKED TO PREOTECT AND PRESERVE PENSIONS AND BENEFITS FOR RETIRED TEACHERS.
DEVOTES RESPOURCES TO THE IMPROVEMENT AND PROTECTION OF BENEFITS AND PROTECTING AND PROMOTING THE GENERAL WELFARE OF RETIRED TEACHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robin Rayfield Executive Dir | Officer | $0 | |
Bee Lehner Past President | Officer | $0 | |
Kara Mendenhall President | Officer | $0 | |
Chris Demarco President Elect | Officer | $0 | |
Bruce Hodges Director | Trustee | $0 | |
Kenneth Moody Director | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $108,294 |
| Fundraising events | $0 |
| Related organizations | $5,000 |
| 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 | $113,294 |
| Total Program Service Revenue | $41,756 |
| Investment income | $29,481 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $133,098 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $317,629 |
| 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. | $46,681 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $71,177 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $17,848 |
| Payroll taxes | $9,097 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,437 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $32,695 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $37,295 |
| Travel | $11,857 |
| 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 | $0 |
| Insurance | $997 |
| All other expenses | $0 |
| Total functional expenses | $251,596 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,882 |
| Savings and temporary cash investments | $0 |
| 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 | $1,801,403 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $13,539 |
| Total assets | $1,819,824 |
| 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 | $1,806,285 |
| Net assets with donor restrictions | $13,539 |
| 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 | $1,819,824 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pennsylvania State Education Association P S E A Harrisburg, PA | $182,856,842 | $77,031,675 |
Ohio Education Assn Columbus, OH | $181,547,317 | $62,723,391 |
Michigan Education Association East Lansing, MI | $91,378,134 | $59,426,267 |
Independent Colleges Of Indiana Inc Indianapolis, IN | $93,815,740 | $20,196,793 |
Society Of Hospital Medicine Philadelphia, PA | $18,912,774 | $11,282,806 |
Pennsylvania School Boards Association Inc Mechanicsburg, PA | $12,806,871 | $8,442,070 |
Ohio School Boards Association Columbus, OH | $19,022,558 | $9,269,056 |
South Carolina Center For Fathers And Families Cleveland, OH | $2,234,846 | $8,447,371 |
Ohio Society Of Certified Public Accountants Columbus, OH | $10,948,438 | $7,921,101 |
Charter School Of The Dunes Inc Gary, IN | $14,167,237 | $8,545,161 |
National Association Of Colleges And Employers Bethlehem, PA | $16,581,342 | $8,504,625 |
Indiana Association For The Education Of Children Inc Indianapolis, IN | $1,546,703 | $6,038,887 |