Norfolk Education Assn
- Assets
- $19.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Chesapeake, VA
- Founding
- 09/1978
- Data as of
- 08/2023
- EIN
- 54-0840633
Organization Overview
Norfolk Education Assn is located in Chesapeake, VA. The organization was established in 1978. 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 a subordinate organization within an affiliated group for tax-exemption purposes. Norfolk Education Assn 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, Norfolk Education Assn generated $37.2k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $33.3k during the year ending 08/2023. 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
2023
Describe the Organization's Program Activity:
Part 3
PROMOTE PROFESSIONAL EXCELLENCE AMONG EDUCATORS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Parker President | 10 | $0 | |
Patrick Barry Vice President | 10 | $0 | |
Joanmarie Kulinka Secretary | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $37,242 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $37,242 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $33,273 |
| Total expenses | $33,273 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $19,254 |
| Other assets | $0 |
| Total assets | $19,254 |
| Total liabilities | $453 |
| Net assets or fund balances | $18,801 |