Florida Retired Educators Association Inc
- Assets
- $358.6k
- Revenue
- $316.0k
- Investments
- $0.0
- Employees
- 2
- Location
- St Petersburg, FL
- Founding
- 02/1979
- Data as of
- 06/2022
- EIN
- 59-1719568
Organization Overview
Florida Retired Educators Association Inc is located in St Petersburg, FL. The organization was established in 1979. 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, Florida Retired Educators Association Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Florida Retired Educators 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 06/2022, Florida Retired Educators Association Inc generated $316.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $324.4k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
- TO PROMOTE THE WELL-BEING OF RETIRED EDUCATORS. - TO ENCOURAGE COMMUNITY SERVICE AND TO SUPPORT PUBLIC EDUCATION. - BY DISSEMINATING INFORMATION TO MEMBERS AND THE PUBLIC THROUGH PUBLICATIONS, PROGRAMS,AND PROJECTS AT THE STATE AND LOCAL LEVELS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBERSHIP DUES FINANCE THE OPERATIONS OF THE ASSOCIATION AND PROVIDE FUNDS FOR PUBLICATIONS TO THE INDIVIDUAL MEMBERS WITH TRAINING OPPORTUNITIES AND OTHER SERVICE OPPORTUNITIES.
STATE ASSEMBLY AND CONVENTION HELD IN THE SPRING OF EACH YEAR TO PROVIDE MEMBERS THE OPPORTUNITY TO PARTICIPATE IN THE WORK OF THE ORGANIZATION. SESSIONS ARE HELD IN TRAINING AND INTERACTING WITH EDUCATORS AND OTHER DIGNITARIES.
DISTRICT WORKSHOPS PROVIDE TRAINING AND OPPORTUNITY TO INTERACT WITH OTHER RETIRED EDUCATORS.
ADDITIONAL PROGRAM: AARP/NRTA/FREA VOTER ENGAGEMENT PILOT FOR STRATEGIC PLANNING AND PILOT PROGRAM FOR LOCAL ENGAGEMENT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phyllis Omilak Secretary | Officer | 10 | $0 |
Nancy Hosie President | Officer | 10 | $0 |
Edwinna Williams President-El | Officer | 10 | $0 |
Gayle Hodges Treasurer | Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $224,201 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $34,863 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $259,064 |
| Total Program Service Revenue | $50,737 |
| Investment income | $6,189 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $315,990 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $103,870 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $29,091 |
| Payroll taxes | $7,809 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,850 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $742 |
| Advertising and promotion | $0 |
| Office expenses | $5,849 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $31,061 |
| Travel | $1,718 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $71,062 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,556 |
| All other expenses | $8,776 |
| Total functional expenses | $324,425 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $65,294 |
| Savings and temporary cash investments | $177,164 |
| 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 | $116,092 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $358,550 |
| Accounts payable and accrued expenses | $4,309 |
| 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 | $4,309 |
| Net assets without donor restrictions | $354,241 |
| Net assets with donor restrictions | $0 |
| 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 | $358,550 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Florida Retired Educators Association Inc has recieved totaling $15,000.
| Awarding Organization | Amount |
|---|---|
Aarp Washington, DC PURPOSE: Grant to support COVID-19 response and retirement programs and support for voter engagement | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Independent Colleges & Universities Benefits Association Inc Orlando, FL | $55,882,543 | $98,817,940 |
Early Learning Coalition Of Indian River Martin & Okeechobee Counties Stuart, FL | $1,642,203 | $20,708,038 |
Early Learning Coalition Of Marion County Inc Ocala, FL | $2,959,241 | $19,272,035 |
Eastern States Veterinary Association Inc Orlando, FL | $24,266,314 | $20,705,177 |
Alabama Education Association Inc Montgomery, AL | $11,369,391 | $16,688,773 |
Georgia School Boards Association Inc Lawrenceville, GA | $6,628,869 | $7,234,902 |
Avondale Education Association Inc Decatur, GA | $8,429,300 | $7,595,655 |
Georgia Association Of Educators Inc Tucker, GA | $8,973,666 | $5,902,220 |
Downtown Miami Charter School Inc Miami, FL | $1,756,433 | $6,102,697 |
Florida Education Association Orlando, FL | $1,972,513 | $5,719,056 |
Accreditation Commission For Education In Nursing Inc Atlanta, GA | $17,255,204 | $6,907,699 |
New Schools For Alabama Birmingham, AL | $1,601,582 | $4,974,961 |