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Nonprofit · EIN 52-6041929

AMERICAN ASSOCIATION OF COLLEGES FOR TEACHER EDUCATION

Tax-exempt · AURORA, CO 80046

Financials

$4.6M$5.5M2023$4.9M$5.8M2024
Revenue Expenses · by fiscal year end
Financials of AMERICAN ASSOCIATION OF COLLEGES FOR TEACHER EDUCATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,881,982$5,779,813-$897,831$11,950,984$3,268,844$8,682,140
December 31, 2023990$4,619,181$5,464,259-$845,078$12,209,361$3,341,560$8,867,801
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$212,514
Program service revenue
$4,427,393
Investment income
$141,750
Net gain from sales of assets
-$129,547
Other revenue
$100,325

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$778,111
Other salaries and wages
$903,469
Salaries, compensation and benefits (total)
$1,945,930
Professional fundraising fees
$0
Legal fees
$64,519
Accounting fees
$372,910
Occupancy
$59,600
Travel
$138,292
Depreciation
$5,997
Program services (functional)
$2,879,214
Management and general (functional)
$2,900,599

Balance sheet and other

Total assets, start of year
$12,209,361
Total assets, end of year
$11,950,984
Total liabilities, end of year
$3,268,844
Net assets, end of year
$8,682,140
Land, buildings and equipment
$33,583
Publicly traded securities
$10,884,141
Net assets without donor restrictions
$7,541,964
Net assets with donor restrictions
$1,140,176
Gross unrelated business income
$15,662
Gross receipts
$13,009,367
Employees
17
Volunteers
59
Year formed
1948
State of legal domicile
DC

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 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
LYNN GANGONEPRESIDENT AND CEO TO SEP 2024
Officer
37.5$449,834$56,624
MARTA DRAKECHIEF OPERATING OFFICER, INTERIM CEO
Officer
37.5$214,378$59,535
KATRINA NORFLEETVP, MARKETING AND COMMUNICATIONS
Highest-paid employee
37.5$114,272$19,675
MARQUITA GRENOT-SCHEYERCHAIR
Trustee or director, Officer
1$0$0
ANNE R TAPP JASKACHAIR-ELECT
Trustee or director, Officer
1$0$0
MONIKA WILLIAMS SHEALEYIMMEDIATE PAST CHAIR
Trustee or director, Officer
1$0$0
LOURY FLOYDSECRETARY
Trustee or director, Officer
1$0$0
MARVIN LYNNSECRETARY TO FEB 2024
Trustee or director, Officer
1$0$0
LOLETA SARTINAT-LARGE MEMBER, EXECUTIVE CMTE.
Trustee or director
1$0$0
STACEY L VICTORAT-LARGE MEMBER, EXECUTIVE CMTE.
Trustee or director
1$0$0
LAURA ALAMILLOMEMBER
Trustee or director
1$0$0
CAROLE G BASILEMEMBER
Trustee or director
1$0$0
MICHAEL DANTLEYMEMBER
Trustee or director
1$0$0
BRYAN DUKEMEMBER
Trustee or director
1$0$0
CHANDRA J FOOTEMEMBER
Trustee or director
1$0$0
8 more people on this return
NameTitleHours / weekCompensation
YOLANDA M GALLARDOMEMBER
Trustee or director
1$0
CHRISTINE GOROWARAMEMBER
Trustee or director
1$0
GAYLE E HUTCHINSONMEMBER
Trustee or director
1$0
TAMBRA O JACKSONMEMBER
Trustee or director
1$0
RHONDA F JETERMEMBER
Trustee or director
1$0
MARK NOOKMEMBER
Trustee or director
1$0
MARCIE WYCOFF-HORNMEMBER
Trustee or director
1$0
GLADIS KERSAINTMEMBER TO FEB 2024
Trustee or director
1$0
990 for the year ended December 31, 2023: 24 people
NameTitleHours / weekCompensationOther / benefits
LYNN GANGONEPRESIDENT & CEO
Officer
37.5$382,222$61,905
MARTA DRAKECHIEF OPERATING OFFICER
Highest-paid employee
37.5$177,640$16,224
WEADE JAMESVP, ORGANIZATIONAL ADVANCE
Highest-paid employee
37.5$150,989$11,411
MICHAEL ROSESR. DIRECTOR OF GOVERNMENT
Officer
37.5$58,533$7,655
MONIKA WILLIAMS SHEALEYCHAIR
Trustee or director, Officer
1$0$0
MARQUITA GRENOT-SCHEYERCHAIR-ELECT
Trustee or director, Officer
1$0$0
MICHAEL DANTLEYIMMEDIATE PAST CHAIR
Trustee or director, Officer
1$0$0
MARVIN LYNNSECRETARY
Trustee or director, Officer
1$0$0
ANNE TAPPAT-LARGE MEMBER, EXECUTIVE
Trustee or director
1$0$0
LAURA ALAMILLOMEMBER
Trustee or director
1$0$0
CAROLE G BASILEMEMBER
Trustee or director
1$0$0
STACEY EDMONSONMEMBER
Trustee or director
1$0$0
CHANDRA J FOOTEMEMBER
Trustee or director
1$0$0
LOURY FLOYDMEMBER
Trustee or director
1$0$0
ROBIN FUXAMEMBER
Trustee or director
1$0$0
YOLANDA GALLARDOMEMBER
Trustee or director
1$0$0
CHRISTINE GOROWARAMEMBER
Trustee or director
1$0$0
GAYLE E HUTCHINSONMEMBER
Trustee or director
1$0$0
TAMBRA JACKSONMEMBER
Trustee or director
1$0$0
RHONDA JETERMEMBER
Trustee or director
1$0$0
GLADIS KERSAINTMEMBER
Trustee or director
1$0$0
MARK NOOKMEMBER
Trustee or director
1$0$0
LOLETA SARTINMEMBER
Trustee or director
1$0$0
MARCIE WYCOFF-HORNMEMBER
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
PO BOX 461420, AURORA, CO 80046-1420
In care of
% MARTA PEREZ DRAKE
Principal officer (990 for 2024)
CHERYL HOLCOMB-MCCOY, 1 DUPONT CIRCLE NW 450, WASHINGTON, DC 20036
Signed the 990
MARTA DRAKE, CHIEF OPERATING OFFICER
Phone
(202) 293-2450
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

AACTE ELEVATES EDUCATION AND EDUCATOR PREPARATION THROUGH RESEARCH, PROFESSIONAL PRACTICE, ADVOCACY, AND COLLABORATION.

990 for the year ended December 31, 2024

Program accomplishments

  • MEETINGS AND EVENTS: CONTAINS ANNUAL MEETING, MEETING & EVENTS, WASHINGTON WEEK, AND LEADERSHIP ACADEMY. PROVIDES SUPPORT FOR VARIOUS PROGRAMS DESIGNED TO ENHANCE THE DEVELOPMENT AND MAINTENANCE OF LEADERSHIP CAPABILITIES OF THOSE IN THE PROFESSION, PROMOTE TEACHER EDUCATION AS A PROFESSION, AND PROMOTE AND MAINTAIN EDUCATIONAL STANDARDS WITHIN THE MEMBERSHIP. THESE ACTIVITIES ARE CARRIED OUT THROUGH SPECIAL MEETINGS, CONFERENCES AND SEMINARS.
    Expenses $1,420,405 · revenue $1,161,061
  • ORGANIZATIONAL ADVANCEMENT: THE ASSOCIATION DEVELOPS AND PRODUCES PUBLICATIONS AND OTHER TYPES OF LITERATURE RELATING TO TEACHER EDUCATION. ALSO, UPON REQUEST, THE ASSOCIATION COLLECTS AND PROVIDES INFORMATION OF SPECIAL INTEREST TO THE MEMBERSHIP AND THOSE IN THE PROFESSION.
    Expenses $568,824 · revenue $243,033
  • MEMBERSHIPS: AACTE MEMBERSHIP HELPS MEMBERS BROADEN THEIR KNOWLEDGE TO ADDRESS CURRENT CHALLENGES AND PROVIDES OPPORTUNITIES TO NETWORK WITH PROFESSIONALS WITH COMMON INTERESTS AND GOALS TO ENRICH THEIR DEVELOPMENT. MEMBERS RECEIVE EXCLUSIVE ACCESS TO FREE OR DISCOUNTED FEES FOR A RANGE OF PROGRAMS, EVENTS, PRODUCTS, AND SERVICES: INCLUDING JOURNAL SUBSCRIPTIONS, A MEMBERSHIP DIRECTORY, PROFESSIONAL DEVELOPMENT TRAININGS AND WEBINARS, ADVOCACY RESOURCES, LEADERSHIP OPPORTUNITIES, AND DOZENS OF TOOLKITS, GUIDES, AND ASSESSMENT MATERIALS.
    Expenses $517,676 · revenue $2,976,311
  • GOVERNMENT RELATIONS: THE ASSOCIATION COLLECTS AND COMMUNICATES TO ITS MEMBERS, INFORMATION ON THE ACTIVITIES OF THE FEDERAL AND STATE GOVERNMENTS, WHICH WILL HAVE AN IMPACT ON TEACHER EDUCATION AND BE OF COMMON INTEREST TO THE COLLEGES AND UNIVERSITIES.
    Expenses $372,309 · revenue $46,988

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
52-6041929
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Group exemption; Supporting organization of unknown type
Exempt since
1971
Accounting year ends
December
Files
Form 990 or 990-EZ
Group exemption
5320
Assets (IRS master file)
$11,950,984
Income (IRS master file)
$13,009,367

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,881,982$5,779,813$11,950,984IRS
990-TDecember 2024–––IRS
990December 2023$4,619,181$5,464,259$12,209,361XML
990-TDecember 2023–––IRS
990December 2022$4,827,160$4,941,051$12,116,715IRS
990-TDecember 2022–––IRS
990December 2021–––IRS
990-TDecember 2021–––IRS
990December 2020–––IRS
990-TDecember 2020–––IRS
990December 2018–––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 52-6041929).

Questions about AMERICAN ASSOCIATION OF COLLEGES FOR TEACHER EDUCATION

What is the EIN of AMERICAN ASSOCIATION OF COLLEGES FOR TEACHER EDUCATION?
The employer identification number (EIN) of AMERICAN ASSOCIATION OF COLLEGES FOR TEACHER EDUCATION is 52-6041929.
Is AMERICAN ASSOCIATION OF COLLEGES FOR TEACHER EDUCATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1971.
Are donations to AMERICAN ASSOCIATION OF COLLEGES FOR TEACHER EDUCATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Group exemption; Supporting organization of unknown type).
Which annual return does AMERICAN ASSOCIATION OF COLLEGES FOR TEACHER EDUCATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of AMERICAN ASSOCIATION OF COLLEGES FOR TEACHER EDUCATION 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 AMERICAN ASSOCIATION OF COLLEGES FOR TEACHER EDUCATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of AMERICAN ASSOCIATION OF COLLEGES FOR TEACHER EDUCATION?
The 990 for the year ended December 31, 2024 names CHERYL HOLCOMB-MCCOY.
Who are the officers and directors of AMERICAN ASSOCIATION OF COLLEGES FOR TEACHER EDUCATION?
The 990 for the year ended December 31, 2024 lists 23 people; 3 received compensation from the organization, the highest $449,834 (LYNN GANGONE, PRESIDENT AND CEO TO SEP 2024).
How much revenue does AMERICAN ASSOCIATION OF COLLEGES FOR TEACHER EDUCATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,881,982, expenses of $5,779,813 and total assets of $11,950,984 at year end.

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