INDEPENDENT CONNECTICUT PETROLEUM ASSOCIATION EDUCATION FOUNDATION INC Charity Report

Public IRS 990 nonprofit record

INDEPENDENT CONNECTICUT PETROLEUM ASSOCIATION EDUCATION FOUNDATION INC

EIN 54-2145297 · Adult Education (B60)

What they do

to Offer Classroom and Laboratory Training In The Oil Heating, Ventilation and Air Conditioning Disciplines Leading to The Successful Graduate Being Able to Sit for Their Connecticut B, S or D Class Professional Licenses; to Seek to Develop Human Resources; to Discover and Disseminate Knowledge; to Extend Knowledge and Its Application Byond The Boundries of Its School; and to Serve and Stimulate Service Professionals By Developing In Students Hightened Intellectual, Professional, and Human Sensitivites As Well As Technological Expertise and Sense of Purpose. Inherent In This Broad Mission Are Methods of Instruction, Education and Public Service Designed to Educate People and Improve The Heating Oil Industrys Ability to Grow and Serve Its Customers.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $86.70 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders32 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

89.10%of revenue went to mission work86.7% of expenses · Program services

$102.72spent for every $100 of revenueSpending was higher than revenue this year.

13.62%of revenue went to management and office costs13.3% of expenses

$2.68in assets for every $1 spent this yearSome assets cannot be spent right away.

3.5%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $24,930 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $25,516 for CHRISTIAN A HERB (PREIDENT). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$917,674

Mission workProgram services$817,61789.10% of revenue86.7% of expenses

ManagementOffice and general costs$124,98713.62% of revenue13.3% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Total expenses$942,604102.72% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 86.7% mission · 13.3% management · 0.0% fundraisingTotal expenses: 102.72% of revenue

2023Expense mix: 82.0% mission · 18.0% management · 0.0% fundraisingTotal expenses: 100.80% of revenue

2022Expense mix: 81.2% mission · 18.8% management · 0.0% fundraisingTotal expenses: 78.90% of revenue

2021Expense mix: 82.4% mission · 17.6% management · 0.0% fundraisingTotal expenses: 85.36% of revenue

2020Expense mix: 78.6% mission · 21.4% management · 0.0% fundraisingTotal expenses: 83.12% of revenue

2019Expense mix: 80.7% mission · 19.3% management · 0.0% fundraisingTotal expenses: 80.13% of revenue

2018Expense mix: 80.4% mission · 19.6% management · 0.0% fundraisingTotal expenses: 63.01% of revenue

2017Expense mix: 82.5% mission · 17.5% management · 0.0% fundraisingTotal expenses: 83.94% of revenue

Money in and money out

Revenue$917,674

Expenses$942,604

Annual shortfall $24,930 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$817,617 · 86.7% of expenses

Management and office costs$124,987 · 13.3% of expenses

See all reported dollar amounts

Revenue$917,674

Expenses$942,604

Assets$2,523,387

Income$1,417,674

Contributions$32,477

Mission work (program services)$817,617

Management and general$124,987

Accounting fees$15,281

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

CHRISTIAN A HERBPREIDENT · 40 hrs/week $25,516Base · Other $25,516

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (32)

CHRISTIAN A HERBPREIDENT

KATIE CHILDSIMMEDIATE PAST PRESIDENT

SUSAN SANTOPIETRODIRECTOR

MATTHEW MITCHELLDIRECTOR

MICHAEL MATARESEVICE CHAIR

PAULA RYANDIRECTOR

PETER AZIZDIRECTOR

PETER RUSSELLDIRECTOR

RICHARD JOHNSONDIRECTOR

RICHARD GADA SRDIRECTOR

RICK BOLOGNADIRECTOR

ROY FRIEDMANDIRECTOR

SAMUEL GAULTDIRECTOR

SHARON PETERSONDIRECTOR

STEPHEN ROSENTELDIRECTOR

STEPHEN H SACK JRCHAIR

CATHERINE ERASMUSDIRECTOR

JOHN MCCUSKERDIRECTOR

JOHN BOWMANDIRECTOR

JENNIFER TRACEY-CARLODIRECTOR

JEFF JENNINGSDIRECTOR

JAMIE DENSMOREDIRECTOR

HOWARD PETERSONDIRECTOR

GREG STAFSTORMDIRECTOR

GEORGE PERRELLIDIRECTOR

GARY SIPPINDIRECTOR

FRED LORDTREASURER/SECRETARY

FRANK TROIANODIRECTOR

ERIC GOTTIERDIRECTOR

DAVID SOUSADIRECTOR

DAVID FOSTERDIRECTOR

DAVID DANIELSDIRECTOR

About this charity

Recognized since: January 2005
Location: 10 ALCAP RDG, CROMWELL, CT 06416-1002
County: Middlesex
In care of: % CHRISTIAN A HERB
Primary officer: Christian A Herb, President

How to reach them

WebsiteVisit the charity’s website Emailcontacticpa@icpa.org Phone(860) 613-2041

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: HRT ADVISORS LLC
NTEE classification: Adult Education (B60)
IRS tax category: Adult Education