2958 Riverhead Central Faculty Asso FY2021 filing

Not tax-deductible

Riverhead, NY501(c)(5)Since 1973EIN 23-7364917Revenue $433K in FY2021

On file with the IRSriverheadcfa.org223 Roanoke Ave, 11901-2778 · Riverhead, NYTax-exempt since Nov 1967

This page gets seen. Tell your story. Claim this org.

To provide labor support and services to members

$47K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(5)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $4K a year · under 1% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$47K
to officers and key staff · 11% of spending
Looks good: pay to officers and key staff is 11% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
14 mo
of spending, in cash
Looks good: 13.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $25K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$33K
7% of total assets
Looks good: liabilities are 7% of assets; 50% or less.
Pt X · Ln 26
Independent board members
25
of 25 voting members
Looks good: 25 of 25 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$433K
-0.8% vs prior year
Spent
$446K
To programs
0%
Net assets
$473K
By yearFY2020–FY2024
Revenue
$433K
FY2021▼ -0.8%
Tap a bar for its year
Revenue by fiscal year
FY2020$437K
FY2021$433K
FY2022$490K
FY2023$520K
FY2024$593K
FY2024$527K
Expenses
$446K
FY2021▲ +4%
Tap a bar for its year
Expenses by fiscal year
FY2020$430K
FY2021$446K
FY2022$495K
FY2023$507K
FY2024$615K
FY2024$533K
Net assets
$473K
FY2021▼ -3%
Tap a bar for its year
Net assets by fiscal year
FY2020$486K
FY2021$473K
FY2022$467K
FY2023$480K
FY2024$458K
FY2024$452K

From the FY2021 Form 990 (year ending June 2021) · see the original

Give Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Nov 1967.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

5 people listed on the 990; $47K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$21,857Pt VII · Sec A
Vice Preside
$7,857Pt VII · Sec A
$7,057Pt VII · Sec A
Treasurer
$6,057Pt VII · Sec A
Secretary
$4,357Pt VII · Sec A

Compensation history total reportable pay by year · 7 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Gregory Wallace$22,724$22,732$22,857$21,857$21,857$19,057
Jenn Simoes$9,724$9,732$9,857$7,357$7,857$6,057
Marisa Deserio$8,049$8,057————
Christopher Butterfield——$8,057$6,557$7,057$6,057
Robert Brandi$6,299$6,307$6,307$5,307$6,057$5,057
Donna Verbeck————$4,357$2,057
Cyndi Haverty$2,249$2,257$2,257$2,057——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See 2958 Riverhead Central Faculty Asso executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Request edit privileges.

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Offers labor support and services to its members.

Provided by the organization

Know this organization? Claim it to add your story

2 programs · in their own filed words · FY2020
01

The organization provides advice and counsel to teachers in the area of labor issues. Also provides training and support to members.

Pt IX · col B
02

The organization provides scholarships to deserving students of the district.

Pt IX · col B

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2023
Total grants receivedfrom 1 funder$25K
Grants paid · 5 grants · $45K · 2019–2024
Unitemized GrantFY2024$12,000
Unitemized GrantFY2023$9,500
Unitemized GrantFY2022$6,000
Unitemized GrantFY2021$10,000
Unitemized GrantFY2019$7,750

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$433K
Ln 12
Fees for servicesLn 2g$420K
Other incomeLn 4–11$13K
Investment incomeLn 3$452
Money outPt IX
$446K
Ln 25
Owns and owesPt X
$473K
net assets · Ln 32
Cash and savingsLn 1–2$502K
Total assetsLn 16$506K
LiabilitiesLn 26$33K
PeoplePt VI, VII
5
listed · VII A
PaidVII A5
Voting boardVI 1a25
IndependentVI 1b25
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$420K
Investment incomeLn 3$452
Other incomeLn 4–11$13K
Total revenueLn 12$433K
Assets in detailPt X, end of year
CashLn 1$502K
Cash and savings togetherLn 1–2$502K
InvestmentsLn 11–13$2K
Land, buildings, equipmentLn 10c$2K
Total assetsLn 16$506K
LiabilitiesLn 26$33K
Net assetsLn 32$473K
OperationsPt I, VI
EmployeesI 50
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$494K$502K
InvestmentsLn 11–13$22K$2K
Land, buildings, equipmentLn 10c$2K$2K
Total assetsLn 16$518K$506K
LiabilitiesLn 26$32K$33K
Net assetsLn 32$486K$473K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$4K
Benefits paid to or for membersLn 4$273K
Pay of current officers, directors and key staffLn 5$47K
Accounting feesLn 11c$5K
Office expensesLn 13$2K
Information technologyLn 14$910
OccupancyLn 16$5K
TravelLn 17$1K
Conferences, conventions and meetingsLn 19$531
Depreciation, depletion and amortizationLn 22$803
InsuranceLn 23$323
Other expenses (24a–d)Ln 24$86K
All other expensesLn 24e$21K
Total functional expensesLn 25$446K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $593K$615K−$22K$458K 990 PDF
FY2023 $520K$507K$13K$480K 990 PDF
FY2022 $490K$495K−$6K$467K 990 PDF
FY2021 Viewing $433K$446K−$13K$473K 990 PDF
FY2020 $437K$430K$6K$486K 990 PDF

Want to add your own materials alongside these filings? Claim this org

Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $433,155 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $411,062$419,630
I-10 Investment incomePrior year $1,163$452
I-11 Other revenuePrior year $24,614$13,073
I-12 Total revenuePrior year $436,839$433,155
I-13 Grants and similar amounts paidPrior year $7,750$3,500
I-14 Benefits paid to membersPrior year $264,767$273,040
I-15 Salaries and benefitsPrior year $38,285$47,185
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $119,689$122,405
I-18 Total expensesPrior year $430,491$446,130
I-19 Revenue less expensesPrior year $6,348−$12,975
Part VI · Governance 25 of 25 board members independent, 4 to look at
VI-1a Voting members of the governing body25
VI-1b Independent voting members25
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $433,155 across 4 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $419,630$419,630
VIII-3 Investment incomeRelated to mission $452$452
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $13,073$13,073
VIII-12 Total revenueRelated to mission $433,155$433,155
Part IX · Statement of functional expenses $446,130 across 13 lines filed
IX-2 Grants to domestic individuals$3,500
IX-4 Benefits paid to or for members$273,040
IX-5 Pay of current officers, directors and key staff$47,185
IX-11c Accounting fees$4,550
IX-13 Office expenses$2,179
IX-14 Information technology$910
IX-16 Occupancy$5,325
IX-17 Travel$1,432
IX-19 Conferences, conventions and meetings$531
IX-22 Depreciation, depletion and amortization$803
IX-23 Insurance$323
IX-24 Other expenses (24a–d)$85,688
IX-24e All other expenses$20,664
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$446,130
Part X · Balance sheet $505,888 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $493,970$501,965
X-10c Land, buildings and equipment, netStart of year $2,447$2,307
X-11 Publicly traded securitiesStart of year $21,839$1,616
X-16 Total assetsStart of year $518,256$505,888
X-17 Accounts payable and accrued expensesStart of year $32,336$33,119
X-26 Total liabilitiesStart of year $32,336$33,119
X-27 Net assets without donor restrictionsStart of year $485,920$472,769
X-32 Total net assets or fund balancesStart of year $485,920$472,769
X-33 Total liabilities and net assetsStart of year $518,256$505,888
Part XI · Reconciliation of net assets $472,769 net assets at year end
XI-1 Total revenue$433,155
XI-2 Total expenses$446,130
XI-3 Revenue less expenses−$12,975
XI-4 Net assets at start of year$485,920
XI-5 Net unrealized gains (losses) on investments−$176
XI-10 Net assets at end of year$472,769

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.
Keep this kind of thing free
Keep public charity data easy to read.

Free to the public, because obviously. Like this? Pay it forward. Don't like this? Help us get better.

Card, Apple Pay or Google Pay through Stripe. One time.

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.