Massachusetts Teachers Association
- Assets
- $104.8m
- Revenue
- $65.0m
- Investments
- $0.0
- Employees
- 274
- Location
- Quincy, MA
- Founding
- 10/1972
- Data as of
- 06/2022
- EIN
- 04-1591200
Organization Overview
Massachusetts Teachers Association is located in Quincy, MA. The organization was established in 1972. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 06/2022, Massachusetts Teachers Association employed 274 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Massachusetts Teachers Association is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 06/2022, Massachusetts Teachers Association generated $65.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $53.8m during the year ending 06/2022. While expenses have increased by 3.0% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MASSACHUSETTS TEACHERS ASSOCIATION IS A MEMBER-DRIVEN ORGANIZATION, GOVERNED BY DEMOCRATIC PRINCIPLES, THAT ACCEPTS AND SUPPORTS THE INTERDEPENDENCE OF PROFESSIONALS AND UNIONISM. THE MTA PROMOTES THE USE OF ITS MEMBERS' COLLECTIVE POWERS TO ADVANCE THEIR PROFESSIONAL AND ECONOMIC INTERESTS. THE MTA IS COMMITTED TO HUMAN AND CIVIL RIGHTS AND ADVOCATES FOR QUALITY PUBLIC EDUCATION IN AN ENVIRONMENT IN WHICH LIFELONG LEARNING AND INNOVATION FLOURISH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSIST LOCAL ASSOCIATIONS IN PROTECTING MEMBERS' RIGHTS, INCLUDING BUT NOT LIMITED TO CONTRACT INTERPRETATIONS AND ENFORCEMENT, DEPARTMENT OF LABOR FILINGS, ADVISING LOCAL LEADERS ON TRAINING, INTERNAL PROCEDURES AND COMMUNICATION.
ASSIST OVER 400 LOCAL ASSOCIATIONS IN THE COLLECTIVE BARGAINING PROCESS.
PLANNING, ADVISING AND PARTICIPATION WITH LOCALS ON GENERAL/INTERNAL MEMBERSHIP ORGANIZING OR MOBILIZING ACTIVITIES.
OTHER PROGRAM EXPENSES INCLUDE THOSE SUPPORTING LOCAL ASSOCIATIONS AND MEMBERS, INCLUDING GOVERNMENTAL SERVICES, GRASSROOTS CAMPAIGNS, COMMUNICATIONS, GOVERNANCE AND ADMINISTRATION, EDUCATIONAL POLICY AND TRANING AND PROFESSIONAL LEARNING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beverly Miyares Director | 40 | $213,546 | |
Lisa Gallatin Executive Director-Treasur | OfficerTrustee | 40 | $212,358 |
James Sacks Director Of Communications | Officer | 40 | $206,665 |
Mark Hickernell Counsel | 40 | $196,253 | |
Kathleen Conway Director, Finance & Accounting Through 7/31/21 | Officer | 40 | $193,272 |
Rebecca Yee Director | Officer | 40 | $193,213 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sandulli Grace Pc Legal | 6/29/22 | $740,082 |
Segal Roitman Llp Legal | 6/29/22 | $255,586 |
Bellow & Welsh Llp Legal | 6/29/22 | $123,448 |
Ds Oconnor & Associates Legal | 6/29/22 | $934,843 |
The New Media Firm Inc Media Placement & Production | 6/29/22 | $315,094 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $44,757,853 |
| Investment income | $761,330 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $14,199,282 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $64,981,415 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,709,653 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $20,404,865 |
| Pension plan accruals and contributions | $6,332,599 |
| Other employee benefits | $5,374,660 |
| Payroll taxes | $1,753,708 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,204,117 |
| Fees for services: Accounting | $41,082 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $500,075 |
| Fees for services: Other | $1,933,686 |
| Advertising and promotion | $218,717 |
| Office expenses | $995,017 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,650,223 |
| Travel | $438,947 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,659,548 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $913,667 |
| Insurance | $143,252 |
| All other expenses | $183,533 |
| Total functional expenses | $53,814,412 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $15,952,691 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,337,847 |
| 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 | $1,058,727 |
| Net Land, buildings, and equipment | $2,242,334 |
| Investments—publicly traded securities | $77,435,636 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,737,898 |
| Total assets | $104,765,133 |
| Accounts payable and accrued expenses | $7,618,747 |
| Grants payable | $0 |
| Deferred revenue | $551,712 |
| 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 | $137,486 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $22,733,190 |
| Total liabilities | $31,041,135 |
| Net assets without donor restrictions | $73,723,998 |
| Net assets with donor restrictions | $0 |
| 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 | $104,765,133 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Massachusetts Teachers Association has recieved totaling $4,386,355.
| Awarding Organization | Amount |
|---|---|
National Education Association Of The United States Washington, DC PURPOSE: FINANCIAL ASSISTANCE | $4,386,355 |