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Filing year 2024

Independent Connecticut Petroleum Association Education Foundation Inc

Cromwell, Connecticut·EIN 54-2145297·NTEE B60 · Education·501(c)(3)
Total revenue
$918k
Total assets
$2.5M
Total expenses
$943k
Reported officers
32
Mission

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 industry's ability to grow and serve its customers.

Executive compensation

Form 990 · Part VII & Schedule J · 1 reported individual · Filing year 2024

Percentile bands compare each position's total pay with the same role at Education organizations in Connecticut.

Preident
Highest Compensated Employee
Below 10th percentile
$26k
$28k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 31 unpaid individuals.

Browse compensation in Education

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at Independent Connecticut Petroleum Association Education Foundation Inc equaled 3% of the organization's total expenses. The median for education organizations is 7%.

This organization (2024)
3%
Sector median
7%
Middle half of sector
2% to 17%

Based on 26,320 education organizations, each measured at its most recent filing year with reported expenses and compensation.

Down 18%
from 2023

From $31k in 2023 to $26k in 2024.

$31k
2023
$26k
2024
In today's dollarsEst.
Down 21% in real terms$35k to $28k

Estimated with BLS CPI-U for the Northeast region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about Independent Connecticut Petroleum Association Education Foundation Inc

What does the Highest Compensated Employee of Independent Connecticut Petroleum Association Education Foundation Inc earn?

In 2024, the Highest Compensated Employee of Independent Connecticut Petroleum Association Education Foundation Inc received $25,516 in total compensation. This pay is in the bottom 10% for Highest Compensated Employee roles among Education organizations in Connecticut: at least 9 in 10 comparable filings report more. Based on IRS Form 990 data.

How does Highest Compensated Employee pay at Independent Connecticut Petroleum Association Education Foundation Inc compare with similar nonprofits?

Compared with the same role at Education organizations in Connecticut, the 2024 pay of the Highest Compensated Employee at Independent Connecticut Petroleum Association Education Foundation Inc falls in the bottom 10%. In 2024, the highest total compensation at Independent Connecticut Petroleum Association Education Foundation Inc equaled 3% of the organization's total expenses. The median for education organizations is 7%.

What are Independent Connecticut Petroleum Association Education Foundation Inc's revenue and expenses?

In 2024, Independent Connecticut Petroleum Association Education Foundation Inc reported $918k in total revenue and $943k in total expenses on its IRS Form 990.

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