Nonprofit · EIN 52-2183420
TEACHERS COUNCIL INC
Tax-exempt · ANNAPOLIS, MD 21401
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $1,637,749 | $1,779,101 | -$141,352 | $401,580 | $87,970 | $313,610 |
| December 31, 2023 | 990-PF | $1,474,559 | $1,431,658 | $42,901 | $550,558 | $95,596 | $454,962 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Dividends
- $1,958
- Interest
- $9,137
- Other income
- $1,626,654
Expenses
- Grants and similar amounts paid
- $6,100
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $650,579
- Disbursements for charitable purposes
- $1,777,905
- Excise tax on investment income
- $154
Balance sheet and other
- Total assets, start of year
- $550,558
- Total assets, end of year
- $401,580
- Total liabilities, end of year
- $87,970
- Net assets, end of year
- $313,610
- Fair market value of assets
- $397,237
- Qualifying distributions
- $1,777,905
- Net investment income
- $11,095
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| NICHOLAS SPAGNOLO 95 CATHEDRAL ST, ANNAPOLIS, MD 21401 | EMPLOYEE Highest-paid employee | 40 | $80,769 | $1,300 |
| KENNETH SUHR 95 CATHEDRAL ST, ANNAPOLIS, MD 21401 | EMPLOYEE Highest-paid employee | 40 | $74,850 | $650 |
| CHRISTINA D FRIEDRICHSEN 95 CATHEDRAL ST, ANNAPOLIS, MD 21401 | EMPLOYEE Highest-paid employee | 40 | $67,038 | $5,031 |
| CHRISTINA RIVAS 95 CATHEDRAL ST, ANNAPOLIS, MD 21401 | EMPLOYEE Highest-paid employee | 40 | $65,159 | $910 |
| YOSHIKO KAMIYAMA 95 CATHEDRAL ST, ANNAPOLIS, MD 21401 | EMPLOYEE Highest-paid employee | 40 | $60,224 | $845 |
| ANDREA SEIDMAN 95 CATHEDRAL STREET SUITE 100, ANNAPOLIS, MD 21401 | CHAIRPERSON | 0 | $0 | $0 |
| KATE WEAVER 95 CATHEDRAL STREET SUITE 100, ANNAPOLIS, MD 21401 | DIRECTOR | 0 | $0 | $0 |
| TOM GENTILE 95 CATHEDRAL STREET SUITE 100, ANNAPOLIS, MD 21401 | DIRECTOR | 0 | $0 | $0 |
| TRINIE ANGELES 95 CATHEDRAL STREET SUITE 100, ANNAPOLIS, MD 21401 | DIRECTOR | 0 | $0 | $0 |
| TOYIN BELLO 95 CATHEDRAL STREET SUITE 100, ANNAPOLIS, MD 21401 | DIRECTOR | 0 | $0 | $0 |
990-PF for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KENNETH SUHR 95 CATHEDRAL STREET, ANNAPOLIS, MD 21401 | VICE-PRESIDE | 40 | $76,000 | $0 |
| NICK SPAGNOLO 95 CATHEDRAL STREET, ANNAPOLIS, MD 21401 | PRESIDENT | 40 | $71,569 | $6,186 |
| CHRISTINA RIVAS 95 CATHEDRAL STREET, ANNAPOLIS, MD 21401 | EMPLOYEE Highest-paid employee | 40 | $62,569 | – |
| CHRISTINA FRIEDRICHSEN 95 CATHEDRAL STREET, ANNAPOLIS, MD 21401 | SECRETARY & | 30 | $61,569 | $6,449 |
| JUDITH CO 95 CATHEDRAL STREET, ANNAPOLIS, MD 21401 | EMPLOYEE Highest-paid employee | 40 | $58,569 | – |
| YOSHIKO KAMIYAMA 95 CATHEDRAL STREET, ANNAPOLIS, MD 21401 | EMPLOYEE Highest-paid employee | 40 | $56,877 | – |
| RUTH S GABOR 95 CATHEDRAL STREET, ANNAPOLIS, MD 21401 | EMPLOYEE Highest-paid employee | 40 | $53,795 | – |
| ANDREA SEIDMAN 95 CATHEDRAL STREET, ANNAPOLIS, MD 21401 | CHAIRPERSON | 0 | $0 | $0 |
| THOMAS A GENTILE 95 CATHEDRAL STREET, ANNAPOLIS, MD 21401 | DIRECTOR | 0 | $0 | $0 |
| TRINIDAD ANGELES 95 CATHEDRAL STREET, ANNAPOLIS, MD 21401 | DIRECTOR | 0 | $0 | $0 |
| 0LUWATOYIN BELLO 95 CATHEDRAL STREET, ANNAPOLIS, MD 21401 | DIRECTOR | 0 | $0 | $0 |
| KATE WEAVER 95 CATHEDRAL STREET, ANNAPOLIS, MD 21401 | DIRECTOR | 0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 95 CATHEDRAL STREET, ANNAPOLIS, MD 21401-2973
- Signed the 990-PF
- NICK SPAGNOLO, PRESIDENT
- Phone
- (443) 949-3263
- Website
- WWW.TEACHERSCOUNCIL.COM
- Return prepared by
- PBMARES LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 52-2183420
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1999
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Education (B80)
- Assets (IRS master file)
- $401,580
- Income (IRS master file)
- $1,637,749
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $1,637,749 | $1,779,101 | $401,580 | XML |
| 990-PF | December 2023 | $1,474,559 | $1,431,658 | $550,558 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-2183420).
Questions about TEACHERS COUNCIL INC
- What is the EIN of TEACHERS COUNCIL INC?
- The employer identification number (EIN) of TEACHERS COUNCIL INC is 52-2183420.
- Is TEACHERS COUNCIL INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to TEACHERS COUNCIL INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does TEACHERS COUNCIL INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of TEACHERS COUNCIL INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did TEACHERS COUNCIL INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of TEACHERS COUNCIL INC?
- The 990-PF for the year ended December 31, 2024 lists 10 people; 5 received compensation from the organization, the highest $80,769 (NICHOLAS SPAGNOLO, EMPLOYEE).
- How much revenue does TEACHERS COUNCIL INC have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $1,637,749, expenses of $1,779,101 and total assets of $401,580 at year end.
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