Amalgated Transit Union
- Assets
- $100.9k
- Revenue
- $768.0k
- Investments
- $0.0
- Employees
- 18
- Location
- Queens Village, NY
- Founding
- 10/1940
- Data as of
- 12/2021
- EIN
- 11-0476094
Organization Overview
Amalgated Transit Union is located in Queens Village, NY. The organization was established in 1940. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2021, Amalgated Transit Union employed 18 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Amalgated Transit Union is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2021, Amalgated Transit Union generated $768.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $821.3k during the year ending 12/2021. While expenses have increased by 2.3% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
LABOR ORGANIZATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
DUE TO THE CONTINUOUS EFFECT OF COVID-19, THE LOCAL HAS NOT HAD THE RETIREMENT DINNER DANCE OR THE GOLF OUTING DURING 2021.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jose Dejesus Shop Steward | OfficerTrustee | 35 | $193,389 |
Colando Stokes Financial Secretary | OfficerTrustee | 35 | $181,702 |
Edward Franke Recording Secretary | Trustee | 2 | $5,571 |
Floyd Oliver Board Member | Trustee | 2 | $4,768 |
Rene Vanegas Board Member | Trustee | 2 | $4,087 |
Daniel Rivera Member | Trustee | 2 | $4,046 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $767,953 |
| 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 | $767,953 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $767,953 |
| 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. | $375,091 |
| Compensation of current officers, directors, key employees. | $375,091 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $37,428 |
| Pension plan accruals and contributions | $4,833 |
| Other employee benefits | $0 |
| Payroll taxes | $27,599 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $50,112 |
| Fees for services: Accounting | $19,900 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $6,966 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,000 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $864 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,857 |
| Insurance | $10,083 |
| All other expenses | $40,451 |
| Total functional expenses | $821,290 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,542 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $2,584 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $92,764 |
| Total assets | $100,890 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $4,403 |
| Total liabilities | $4,403 |
| Net assets without donor restrictions | $0 |
| 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 | $96,487 |
| Total liabilities and net assets/fund balances | $100,890 |