American Federation Of Teachers is located in Edison, NJ. The organization was established in 1970. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment 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 06/2023, American Federation Of Teachers generated $90.4k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $96.6k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (0.1%) 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
2023
Describe the Organization's Program Activity:
Part 3
TEACHERS UNION MEMBERSHIP ORGANIZATION
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patricia Payne President | 25 | $0 | |
Keith Bosler Vice President | 8 | $0 | |
Sheema Majiduddin Secretary | 2 | $0 | |
Michael Paquette Treasurer | 12 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $81,801 |
| Investment income | $8,642 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $90,443 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $6,185 |
| Professional fees and other payments to independent contractors | $27,349 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $261 |
| Other expenses | $62,760 |
| Total expenses | $96,555 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $340,593 |
| Other assets | $0 |
| Total assets | $340,593 |
| Total liabilities | $594 |
| Net assets or fund balances | $339,999 |