American Federation Of Teachers
- Assets
- $500.9k
- Revenue
- $144.9k
- Investments
- $0.0
- Employees
- 1
- Location
- Madison, WI
- Founding
- 02/1945
- Data as of
- 06/2023
- EIN
- 39-6078655
Organization Overview
American Federation Of Teachers, operating under the name Aft Local 243 Faculty & Staff Union, is located in Madison, WI. The organization was established in 1945. 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. Aft Local 243 Faculty & Staff Union 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, Aft Local 243 Faculty & Staff Union generated $144.9k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $146.2k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SERVE AS LABOR UNION FOR EMPLOYEES AT MADISON COLLEGE (MADISON AREA TECHNICAL COLLEGE, MATC).
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINTAIN EXCLUSIVE BARGAINING RIGHTS FOR FULL TIME FACULTY AND FULL AND PART TIME STAFF OF MADISON COLLEGE (MATC),MAINTAIN THE RIGHTS AND SERVICES TO WHICH THE EMPLOYEES ARE ENTITLED, PROMOTE THE EMPLOYEES' GENERAL WELFARE, OPPOSE ALL FORMS OF BIAS AND DISCRIMINATION, FOSTER COOPERATIVE ACTION AMONG ALL EMPLOYEES IN ORDER TO PROMOTE STUDENT LEARNING AND PROVIDE EFFICIENT SERVICE. THESE ACTIVITIES ARE DESIGNATED AS CHARGEABLE ACTIVITIES. THE FISCAL YEAR BEGAN WITH 226 MEMBERS AND ENDED WITH 212 MEMBERS.
THE FOLLOWING ACTIVITES ARE DESIGNATED AS NON-CHARGEABLE ACTIVITIES AND BENEFIT 212 MEMBERS (SEE 4A ABOVE): DONATE FUNDS FOR MEMORIALS AND SCHOLARSHIPS; PROVIDE STRIKE SUPPORT AND SOLIDARITY WORK; AND PROVIDE SUBSCRIPTIONS TO UNION LABOR NEWS.
ENHANCE MEMBER COMMUNICATIONS THROUGH NEWSLETTER AND WEBSITE FOR ALL 212 MEMBERS (SEE 4A ABOVE).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Melissa Brainerd Secretary/treasurer | OfficerTrustee | 10 | $250 |
Joann Zander Psrp Chapter VP | OfficerTrustee | 10 | $500 |
James Degidio Faculty Chapter VP | OfficerTrustee | 10 | $250 |
Flynn Dustrud Faculty Forum Representati | OfficerTrustee | 1 | $0 |
Cruz Garcia Psrp Forum Representative | OfficerTrustee | 1 | $0 |
Jon Pollack Faculty Forum Representati | OfficerTrustee | 1 | $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 | $143,987 |
| Investment income | $874 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $144,881 |
| 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 | $0 |
| Compensation of current officers, directors, key employees. | $1,250 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,317 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $831 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,484 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $117,799 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $361 |
| All other expenses | $0 |
| Total functional expenses | $146,215 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,171 |
| Savings and temporary cash investments | $478,713 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Total assets | $500,884 |
| Accounts payable and accrued expenses | $55 |
| 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 | $0 |
| Total liabilities | $55 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $500,829 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $500,884 |