NANTUCKET EDUCATION TRUST INC
PO BOX 3163, NANTUCKET, MA 025843163 www.nantucketeducationtrust.org

Total Revenue
$309,902
Total Expenses
$249,776
Net Assets
$707,589

Organizations Filed Purposes: FORMED IN 1992, NANTUCKET EDUCATION TRUST (NET) IS A NON-PROFIT COMMUNITY ORGANIZATION WITH A 3-FOLD MISSION: GENERATE PRIVATE SUPPORT FOR PUBLIC EDUCATION; FOSTER PRIVATE/PUBLIC PARTNERSHIPS BENEFITTING CHILDREN IN THE SYSTEM; HONOR EXCELLENCE IN TEACHING/LEARNING. IN 2000, NPS FACED A CRISIS AS EMPLOYEES WERE UNABLE TO FIND HOUSING COMMENSURATE WITH THEIR SALARIES. A TASK FORCE WAS ASSEMBLED, LAND LOCATED, DESIGNS CREATED. THE RESULT WAS THE 12-UNIT COW POND AFFORDABLE HOUSING COMPLEX CONSISTING OF MULTI-BEDROOM UNITS FOR SCHOOL STAFF, TOWN, AND HOSPITAL EMPLOYEES. ROOTED IN A COMMUNITY DISTINGUISHED BY A UNIQUE HISTORY AND SETTING, NET PURSUES THESE GOALS: ENHANCE EDUCATIONAL OPPORTUNITIES ON ISLAND; FOSTER ALLIANCES AMONG BUSINESS, COMMUNITY AND SCHOOL INTERESTS; SERVE AS A CATALYST FOR PUBLIC AND PRIVATE PARTNERSHIPS BENEFITTING EDUCATION; PROMOTE THE EXCHANGE OF IDEAS AMONG ISLAND SCHOOLS AND SCHOOLS IN OTHER COMMUNITIES; SUPPORT PROGRAMS HONORING EXCELLENCE IN TEACHING/LEARNING.

BUILD AND MAINTAIN 12 RENTAL HOUSING UNITS FOR THE BENEFIT OF TEACHERS AND SCHOOL STAFF.

PROVIDE EDUCATIONAL PROGRAMS IN THE NANTUCKET PUBLIC SCHOOL SYSTEM INCLUDING PURCHASE OF EQUIPMENT, PAYMENT OF SALARIES & GRANTS FOR TEACHERS, SPONSORSHIP OF LECTURES, SEMINARS AND WORKSHOPS, AND PARTICIPATION IN THE SATELLITE PROGRAMS COORDINATED BY THE SCHOOL.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Martin AnguelovDIRECTOR1$4,800
Marie LembergDIRECTOR1$0
Hadley DutraDIRECTOR1$0
Chris VineisDIRECTOR1$0
Tracy RobertsCLERK1$0
William Michael CozortVICE PRESIDENT1$0
John RiccioTREASURER1$0
Pauline ProchPRESIDENT1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202141169349300534_public.xml