Kent Education Association
- Assets
- $260.2k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 6
- Location
- Kent, OH
- Founding
- 02/1981
- Data as of
- 06/2022
- EIN
- 34-1325320
Organization Overview
Kent Education Association is located in Kent, OH. The organization was established in 1981. 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, Kent Education Association employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Kent 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 06/2022, Kent Education Association generated $64.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $40.3k during the year ending 06/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE AND ENCOURAGE THE HIGHEST STANDARDS OF PROFESSIONAL TEACHING PRACTICES. TO SERVE AS A BARGAINING AGENT AND TO PROVIDE LEGAL FUNDING TO MEMBERS.
Describe the Organization's Program Activity:
Part 3
PROVIDE TRAINING MEETINGS AND EDUCATIONAL SEMINARS FOR MEMBERS AND HONOR STUDENTS.
MEMBER BENEFITS & CLASSROOM EQUIPMENT AND SUPPLIES
LEGAL AND PROFESSIONAL FEES PAID FOR NEGOTIATIONS AS A BARGAINING AGENT FOR MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert Susel President | 2 | $5,500 | |
Becky Prelog Treasurer | 2 | $3,000 | |
Troy Spear Vice President | 2 | $3,000 | |
Ellen Budd Vice President | 2 | $3,000 | |
Tom Pekarcik Secretary | 2 | $2,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $52,720 |
| Investment income | $11,606 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $64,326 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $17,993 |
| Professional fees and other payments to independent contractors | $10,212 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $12,093 |
| Total expenses | $40,298 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $260,174 |
| Other assets | $0 |
| Total assets | $260,184 |
| Total liabilities | $2,202 |
| Net assets or fund balances | $257,982 |
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