Romulus Education Association is located in Romulus, MI. The organization was established in 1976. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Romulus 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 08/2022, Romulus Education Association generated $20.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $20.0k during the year ending 08/2022. As we would expect to see with falling revenues, expenses have declined by (5.0%) per year over the past 7 years. 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 Program Activity:
Part 3
COLLECTION OF MEMBERSHIP DUES AND NEGOTIATING CONTRACTSAND ACTIVITES WITH LOCAL SCHOOLS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Sarah Carter President | 10 | $6,500 | |
Michael Hansen Secretary/treasurer | 10 | $5,035 | |
Simona Miller Former Vice President | 8 | $1,320 | |
Jessie Rais Vice President | 5 | $280 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $20,737 |
Investment income | $133 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $20,870 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $2,367 |
Salaries, other compensation, and employee benefits | $15,095 |
Professional fees and other payments to independent contractors | $800 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $1,693 |
Total expenses | $19,955 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $28,337 |
Other assets | $0 |
Total assets | $28,337 |
Total liabilities | $0 |
Net assets or fund balances | $28,337 |
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