Vermont Nea Inc
- Assets
- $8.2m
- Revenue
- $6.0m
- Investments
- $0.0
- Employees
- 59
- Location
- Montpelier, VT
- Founding
- 08/1971
- Data as of
- 08/2021
- EIN
- 03-0276708
Organization Overview
Vermont Nea Inc is located in Montpelier, VT. The organization was established in 1971. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 08/2021, Vermont Nea Inc employed 59 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vermont Nea Inc is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 08/2021, Vermont Nea Inc generated $6.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $5.8m during the year ending 08/2021. While expenses have increased by 3.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
VERMONT-NEA IS A STATEWIDE TEACHERS ASSOCIATION ORGANIZED TO NEGOTIATE TEACHERS' CONTRACTS, PROMOTE PROFESSIONALISM AMONG TEACHERS, AND IMPROVE THE QUALITY OF EDUCATION OF VERMONT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
UNISERV/LEGAL - THE UNISERV SIDE OF THIS PROGRAM CONSISTS OF ALL VT-NEA'S SERVICES TO LOCAL ASSOCIATIONS AND INDIVIDUAL MEMBERS REGARDING ORGANIZING, COLLECTIVE BARGAINING, AND CONTRACT ADMINISTRATION, INCLUDING THE PROCESSING OF GRIEVANCES. THE LEGAL SIDE OF THIS PROGRAM CONSISTS OF ALL VT-NEA'S LEGAL REPRESENTATION, ADVICE, AND RELATED SERVICES TO LOCAL ASSOCIATIONS AND INDIVIDUAL MEMBERS IN THE CONTEXT OF UNFAIR LABOR PRACTICES, JOB SECURITY CASES, AND OTHER MATTERS RELATED TO MEMBERS' EMPLOYMENT.
COMMUNICATIONS - THIS PROGRAM CONSISTS OF VT-NEA'S SERVICES THROUGH WHICH IT COMMUNICATES WITH ITS MEMBERS AND WITH THE PUBLIC GENERALLY, ABOUT INTERNAL MATTERS AND PUBLIC POLICY.
MEMBERSHIP/PROFESSIONAL DEVELOPMENT - THIS PROGRAM COMPRISES VT-NEA'S SERVICES TO ASSIST LOCAL ASSOCIATIONS TO RECRUIT, REGISTER, AND RETAIN MEMBERS. THIS PROGRAM ALSO CONSISTS OF VT-NEA'S SERVICES REGARDING INSURANCES, BENEFITS, FINANCIAL SERVICES, AND PROFESSIONAL IMPROVEMENT FOR TEACHERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bartlett Norman Uniserv Dire | 40 | $162,178 | |
Allen Darren Communicatio | 40 | $159,926 | |
Dirmaier Suzanne Uniserv Dire | 40 | $153,584 | |
Leach Sean Uniserv Dire | 40 | $152,857 | |
Otero Wanda General Coun | 40 | $151,090 | |
Tinney Donald President | OfficerTrustee | 40 | $135,412 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $217,033 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $217,033 |
| Total Program Service Revenue | $5,696,078 |
| Investment income | $115,855 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $17,309 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,046,275 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $8,500 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $463,432 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,172,971 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $853,542 |
| Payroll taxes | $221,658 |
| Fees for services: Management | $14,735 |
| Fees for services: Legal | $72,944 |
| Fees for services: Accounting | $33,350 |
| Fees for services: Lobbying | $44,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $29,166 |
| Fees for services: Other | $47,414 |
| Advertising and promotion | $68,944 |
| Office expenses | $182,489 |
| Information technology | $70,525 |
| Royalties | $0 |
| Occupancy | $53,634 |
| Travel | $11,801 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $394,203 |
| Interest | $0 |
| Payments to affiliates | $9,498 |
| Depreciation, depletion, and amortization | $50,162 |
| Insurance | $17,975 |
| All other expenses | $0 |
| Total functional expenses | $5,840,090 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,844 |
| Savings and temporary cash investments | $3,580,322 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $113,083 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $116,357 |
| Net Land, buildings, and equipment | $564,601 |
| Investments—publicly traded securities | $3,765,674 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,154,881 |
| Accounts payable and accrued expenses | $1,157,266 |
| Grants payable | $0 |
| Deferred revenue | $239,082 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,467 |
| Total liabilities | $1,399,815 |
| Net assets without donor restrictions | $6,700,785 |
| Net assets with donor restrictions | $54,281 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,154,881 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Vermont Nea Inc has recieved totaling $867,066.
| Awarding Organization | Amount |
|---|---|
National Education Association Of The United States Washington, DC PURPOSE: FINANCIAL ASSISTANCE | $867,066 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
American Federation Of Teachers New York, NY | $15,634,112 | $19,917,624 |
International Brotherhood Of Electrical Workers Flushing, NY | $42,808,557 | $29,527,864 |
American Federation Of State County & Municipal Employees New York, NY | $5,666,474 | $18,719,600 |
Laboers International Union Of North America New York, NY | $82,959,218 | $20,599,249 |
Electrical Workers Local No 86 Insurance Fund Plan And Trust Rochester, NY | $26,301,983 | $18,525,409 |
International Brotherhood Of Electrical Workers Dorchester, MA | $20,226,169 | $18,660,825 |
International Union Of Painters And Allied Trades New York, NY | $30,422,741 | $16,478,287 |
International Brotherhood Of Teamsters New York, NY | $10,937,127 | $16,693,793 |
New York State Correctional Albany, NY | $26,423,975 | $18,262,137 |
Retail Wholesale & Department Store Union New York, NY | $50,504,227 | $15,796,954 |
Laborers International Union Of North America Astoria, NY | $45,280,264 | $16,536,779 |
Council Of School Supervisors And Administrators Of The City Of Ny New York, NY | $57,802,367 | $21,293,230 |