Portage County Retired Teachers Association
- Assets
- $53.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Ravenna, OH
- Founding
- 01/2014
- Data as of
- 12/2021
- EIN
- 80-0363603
Organization Overview
Portage County Retired Teachers Association is located in Ravenna, OH. The organization was established in 2014. According to its NTEE Classification (J99) the organization is classified as: Employment N.E.C., under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Portage County Retired Teachers Association 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 12/2021, Portage County Retired Teachers Association generated $14.8k 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 (3.4%) each year. All expenses for the organization totaled $15.3k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.7%) 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
2021
Describe the Organization's Program Activity:
Part 3
REMAINED CURRENT AS TO RETIREMENT ISSUES AFFECTING OURMEMBERSHIP OF RETIRED TEACHERS AND PROVIDED FELLOWSHIP TO MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joann Mcewen Treasurer | 2 | $0 | |
Chris Demarco President | 4 | $0 | |
Helena Parry Vice-President | 2 | $0 | |
Lisa Demarco Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,939 |
| Total Program Service Revenue | $5,462 |
| Membership dues | $4,520 |
| Investment income | $1 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $110 |
| Other Revenue | $816 |
| Total Revenue | $14,848 |
| 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 | $273 |
| Occupancy, rent, utilities, and maintenance | $355 |
| Printing, publications, postage, and shipping | $255 |
| Other expenses | $14,391 |
| Total expenses | $15,274 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $52,997 |
| Other assets | $0 |
| Total assets | $52,997 |
| Total liabilities | $0 |
| Net assets or fund balances | $52,997 |
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