Massachusetts Teachers Association is located in Needham, MA. The organization was established in 1972. 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. Massachusetts Teachers Association 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, Massachusetts Teachers Association generated $81.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $73.3k during the year ending 06/2022. While expenses have increased by 4.9% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
TO ADVANCE THE SOCIO-ECONOMIC WELL BEING OF EDUCATORS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Caren Firger President | 3 | $9,547 | |
David Bookston VP Of Finance And Treasury | 3 | $0 | |
Jill Krajewski VP Of Rights And Resp. | 3 | $4,219 | |
Mike Hirsh VP Of Negotiations | 3 | $4,219 | |
Laura Marinak VP Of Rights And Resp. | 3 | $4,219 | |
Paula Hartigan-Patey VP Of Finance And Treasury | 3 | $1,407 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $14,769 |
| Membership dues | $67,134 |
| Investment income | $19 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $81,922 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $41,464 |
| Professional fees and other payments to independent contractors | $1,400 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $944 |
| Other expenses | $29,502 |
| Total expenses | $73,310 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $96,054 |
| Other assets | $0 |
| Total assets | $216,598 |
| Total liabilities | $54,067 |
| Net assets or fund balances | $162,531 |