Skip to content
Nonprofiteer
← CANTON PROFESSIONAL EDUCATORS ASSOCIATION

Form 990 for tax year 2024

Filed by CANTON PROFESSIONAL EDUCATORS ASSOCIATION.

Totals

Total revenue
$358,732
Total expenses
$294,638
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$313,395
Investment income
$20,754
Other revenue
$24,583
Total assets, end of year
$1,378,732
Total liabilities, end of year
$6,439
Net assets or fund balances, end of year
$1,372,293
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
$294,638

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: Membership Dues

    total $299,491 · related or exempt $299,491

  • 2b · Program service revenue: Scholarship Donations

    total $13,904 · related or exempt $13,904

  • 3 · Investment income

    total $19,404 · excluded $19,404

  • 6a · Gross rents

    real property $4,500

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $4,500

  • 6d · Net rental income or loss

    total $4,500 · related or exempt $4,500

  • 7a · Gross sales of assets other than inventory

    securities $1,350

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $1,350

  • 7d · Net gain or loss

    total $1,350 · excluded $1,350

  • 8a · Fundraising events: gross income

    $34,265

  • 8b · Fundraising events: direct expenses

    $14,182

  • 8c · Net income from fundraising events

    total $20,083 · excluded $20,083

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $19,540

  • 7 · Other salaries and wages

    total $39,287

  • 10 · Payroll taxes

    total $5,291

  • 11c · Fees: accounting

    total $5,200

  • 12 · Advertising and promotion

    total $1,750

  • 13 · Office expenses

    total $19,297

  • 16 · Occupancy

    total $18,927

  • 19 · Conferences, conventions and meetings

    total $26,321

  • 22 · Depreciation, depletion and amortization

    total $17,375

  • 23 · Insurance

    total $6,640

  • 24a · Other expenses: VP Release Time

    total $56,755

  • 24b · Other expenses: Student Scholarships

    total $42,080

  • 24c · Other expenses: Special Projects

    total $21,175

  • 24d · Other expenses: Member Teacher Support

    total $11,495

  • 24e · All other expenses

    total $3,505

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $29,178 · end of year $33,741

  • 2 · Savings and temporary cash investments

    beginning of year $573,982 · end of year $511,510

  • 10a · Land, buildings and equipment: cost or other basis

    $1,025,631

  • 10b · Land, buildings and equipment: accumulated depreciation

    $250,204

  • 10c · Land, buildings and equipment, net

    beginning of year $641,794 · end of year $775,427

  • 12 · Investments: other securities

    beginning of year $62,688 · end of year $58,054

  • 17 · Accounts payable and accrued expenses

    beginning of year $4,899 · end of year $6,439

  • 27 · Net assets without donor restrictions

    beginning of year $1,302,743 · end of year $1,372,293

Mission and programs · 2024

Mission

Representation, train and provide education to approximately 700 Canton city educators

Activities or mission (Part I)

Representation, Training, and Education of members

  • See additional data

    Expenses $294,638 · Revenue $317,895

As filed on the 2024 return.

Listed in Part VII

  • Darren Furno

    Treasurer

    Total calculated
    $6,410
    From this org
    $6,410
    From related orgs
    $0
    Other
    $0
    Hours/week
    10

  • Paul Palomba

    President

    Total calculated
    $5,510
    From this org
    $5,510
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Lynne Watson

    Vice President

    Total calculated
    $5,510
    From this org
    $5,510
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Karen Loutzenheiser

    Secretary

    Total calculated
    $2,110
    From this org
    $2,110
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
2 February 2026
IRS schema version
2024v5.5
Source object
202620349349300717

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.