Carmel Teachers Association Inc is located in Westfield, IN. The organization was established in 2017. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, 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. Carmel Teachers Association Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 07/2023, Carmel Teachers Association Inc generated $75.6k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $54.9k during the year ending 07/2023. 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
THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR NONPROFIT PURPOSES TO BE AN ASSOCIATION OF WORKERS, WHO HAVE COMBINED TO PROTECT AND PROMOTE THE INTERESTS OF THOSE MEMBERS. THE PURPOSE OF THE CORPORATION IS EXCLUSIVELY FOR IMPROVING THE PROFESSIONAL ABILITIES OF ITS MEMBERS AND THE BETTERMENT OF WORKING CONDITIONS, WAGES, AND SIMILAR BENEFITS OF THOSE ENGAGED IN THE PURSUIT OF LABOR , WHICH ARE PERMITTED BY THE ACT, AND WHICH ARE PERMITTED TO BE CARRIED ON BY AN ORGANIZATION EXEMPT FROM FEDERAL TAXATION UNDER THE PROVISIONS OF SECTION 501 (C)(5) OF THE CODE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark Wien President | 10 | $6,430 | |
Jill Grimes Vice President | 5 | $5,787 | |
Michelle Foutz Treasurer | 5 | $5,144 | |
Amy Bannister Director | 5 | $5,144 | |
Shari Rohr Director | 5 | $5,144 | |
Jason Hicks Director | 1 | $350 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $73,921 |
Investment income | $1,645 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $75,566 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $48,499 |
Professional fees and other payments to independent contractors | $4,800 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $1,575 |
Total expenses | $54,874 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $219,411 |
Other assets | $0 |
Total assets | $219,411 |
Total liabilities | $0 |
Net assets or fund balances | $219,411 |