American Federation Of Teachers is located in Meriden, CT. The organization was established in 1945. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. American Federation Of Teachers is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2022, American Federation Of Teachers generated $48.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $51.4k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THIS IS A LABOR ORGANIZATION THE ACTIVITIES IT CONDUCTS IN FURTHERANCE OF ITS EXEMPT PURPOSES ARE CLOSELY INTERRELATED. THEREFORE, NO PRECISE ALLOCATION OF EXPENSES CAN BE MADE AMONG INDIVIDUAL ACTIVIITES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Hamelin Secretary | 15 | $599 | |
William Millslagle Vice President | 15 | $599 | |
Mark Keezer President | 25 | $1,000 | |
John Syme Treasurer | 15 | $599 | |
Ed Herbet Steward | 5 | $300 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $48,455 |
| Investment income | $51 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $48,506 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $3,097 |
| Professional fees and other payments to independent contractors | $750 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $7,148 |
| Total expenses | $51,385 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $41,848 |
| Other assets | $0 |
| Total assets | $48,657 |
| Total liabilities | $4,945 |
| Net assets or fund balances | $43,712 |