American Federation Of Teachers is located in Old Lyme, CT. The organization was established in 1967. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, 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 06/2022, American Federation Of Teachers generated $28.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.2%) each year. All expenses for the organization totaled $31.5k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (6.9%) per year over the past 7 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 UNION. THE ACTIVITIES IT CONDUCTS IN FURTHERANCE OF ITS EXEMPT PURPOSES ARE CLOSELY INTERRELATED. THEREFORE THERE IS NO PRECISE ALLOCATION THAT CAN BE MADE AMONG INDIVIDUAL ACTIVITIES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dean Dorsey President | 10 | $3,675 | |
Lynn Flanagan Secretary | 10 | $850 | |
Kristen Cabral Treasurer | 10 | $1,275 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $28,281 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $28,281 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $5,800 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $878 |
| Total expenses | $31,527 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,985 |
| Other assets | $0 |
| Total assets | $7,798 |
| Total liabilities | $9,612 |
| Net assets or fund balances | -$1,814 |