Massachusetts Teachers Association
- Assets
- $106.5k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Melrose, MA
- Founding
- 10/1972
- Data as of
- 06/2024
- EIN
- 23-7255473
Organization Overview
Massachusetts Teachers Association is located in Melrose, 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 06/2024, Massachusetts Teachers Association generated $78.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $62.7k during the year ending 06/2024. While expenses have increased by 9.6% per year over the past 6 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
2024
Describe the Organization's Program Activity:
Part 3
NEGOTIATE CONTRACTS AND GRIEVANCES; GOVERN AND FOSTERPROFESSIONAL RIGHTS AND RESPONSIBILITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa Donovan President | 4 | $10,780 | |
Joellen Beaudet Vice President | 4 | $6,638 | |
Laurel Neubauer Treasurer | 4 | $8,440 | |
Sarah Mclaughlin Secretary | 4 | $5,156 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,651 |
| Total Program Service Revenue | $0 |
| Membership dues | $76,694 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $78,345 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $44,056 |
| Professional fees and other payments to independent contractors | $2,525 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $36 |
| Other expenses | $14,523 |
| Total expenses | $62,690 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $106,545 |
| Other assets | $0 |
| Total assets | $106,545 |
| Total liabilities | $0 |
| Net assets or fund balances | $106,545 |