Supplemental Fringe Benefits Fund Of The Newark Teachers Union Local 481 Aft-Afl
- Assets
- $2.0m
- Revenue
- $4.3m
- Investments
- $0.0
- Employees
- 4
- Location
- Newark, NJ
- Founding
- Data as of
- 06/2017
- EIN
- 22-6245546
Organization Overview
Supplemental Fringe Benefits Fund Of The Newark Teachers Union Local 481 Aft-Afl is located in Newark, NJ. As of 06/2017, Supplemental Fringe Benefits Fund Of The Newark Teachers Union Local 481 Aft-Afl employed 4 individuals. Supplemental Fringe Benefits Fund Of The Newark Teachers Union Local 481 Aft-Afl is a 501(c)(9) and as such, is described as a "Voluntary Employees Beneficiary Association" by the IRS.
For the year ending 06/2017, Supplemental Fringe Benefits Fund Of The Newark Teachers Union Local 481 Aft-Afl generated $4.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (47.0%) each year. All expenses for the organization totaled $2.9m during the year ending 06/2017. As we would expect to see with falling revenues, expenses have declined by (56.5%) per year over the past 2 years. 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
2017
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE BENEFITS SUPPLEMENTAL TO EXISTING FRINGE BENEFITS, INCLUDING DENTAL & VISION FOR APPROX. 4,000 PARTICIPANTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INSURANCE PREMIUM EXPENSES FOR BENEFITS SUPPLEMENTAL TO EXISTING FRINGE BENEFITS, INCLUDING DENTAL & VISION FOR APPROXIMATELY 4,000 PARTICIPANTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Raymond A Cassetta Trustee | Trustee | 5 | $21,750 |
Valerie V Wilson Co-Chairperson | Trustee | 2 | $0 |
Juan Alvarez Trustee | Trustee | 2 | $0 |
Christine Veliz Chairperson | Trustee | 2 | $0 |
Jerry Moore Trustee | Trustee | 2 | $0 |
John Abeigon Trustee | Trustee | 2 | $0 |
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 | $2,684,213 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$63,413 |
| Net Gain/Loss on Asset Sales | $1,650,467 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,271,267 |
| 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 | $2,411,972 |
| Compensation of current officers, directors, key employees. | $21,750 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $237,490 |
| Pension plan accruals and contributions | $16,922 |
| Other employee benefits | $52,447 |
| Payroll taxes | $18,269 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $58,660 |
| 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 | $19,513 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $51,354 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $2,888,377 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,412 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $294,379 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,708,820 |
| Total assets | $2,009,611 |
| Accounts payable and accrued expenses | $26,962 |
| 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 | $285,982 |
| Total liabilities | $312,944 |
| Unrestricted restricted net Assets | $1,696,667 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $1,696,667 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Frontline Community Services Inc Beltsville, MD | $6,957,560 | $20,985,182 |
Long Island Select Healthcare Inc Central Islip, NY | $8,265,975 | $21,062,448 |
The Heights Inc Potomac, MD | $28,496,015 | $21,762,530 |
Germantown Home Philadelphia, PA | $23,238,200 | $17,117,508 |
Nurtury Inc Roxbury, MA | $15,395,426 | $20,648,224 |
Partnership To End Addiction New York, NY | $61,675,636 | $16,194,669 |
Humanim Inc Columbia, MD | $20,769,725 | $20,890,295 |
New Foundations Charter School Marlton, NJ | $17,967,778 | $23,202,828 |
Chandler Hall Health Services Inc Newtown, PA | $26,412,529 | $17,505,940 |
Jewish Nursing Home Of Western Mass Inc Longmeadow, MA | $27,155,425 | $18,778,772 |
Redhill Foundation-Sam And Jean Rothberg Family Charitable Trust New York, NY | $42,979,654 | $7,387,635 |
River Valley Counseling Center Inc Holyoke, MA | $5,921,638 | $20,559,237 |