Faculty Association Of Grand Rapids Community College
- Assets
- $133.7k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Grand Rapids, MI
- Founding
- 04/1976
- Data as of
- 08/2023
- EIN
- 51-0164741
Organization Overview
Faculty Association Of Grand Rapids Community College is located in Grand Rapids, MI. The organization was established in 1976. According to its NTEE Classification (B41) the organization is classified as: Two-Year Colleges, 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. Faculty Association Of Grand Rapids Community College 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, Faculty Association Of Grand Rapids Community College generated $114.4k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 8.2% each year. All expenses for the organization totaled $178.6k during the year ending 08/2023. While expenses have increased by 5.9% per year over the past 4 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
PROMOTING THE GENERAL WELFARE OF THE FACULTY THROUGH COLLECTIVE BARGAINING AND CONTRACT ADMINISTRATION. THE FACULTY ASSOCIATION HAS ABOUT 250 FULL TIME AND 400 PART TIME MEMBERS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank Conner President | 30 | $39,581 | |
Megan Coakley Vice-President | 4 | $9,895 | |
Holly Christopher Secretary | 4 | $9,895 | |
Kevin Stuart Treasurer | 10 | $15,892 | |
Lisa Gloege Chief Negotiator | 1 | $2,044 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $113,373 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $1,021 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $114,394 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $122,374 |
| Professional fees and other payments to independent contractors | $32,913 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $556 |
| Other expenses | $22,779 |
| Total expenses | $178,622 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $133,722 |
| Other assets | $0 |
| Total assets | $133,722 |
| Total liabilities | $0 |
| Net assets or fund balances | $133,722 |