Massachusetts Teachers Association is located in Wrentham, 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 12/2022, Massachusetts Teachers Association generated $106.9k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $80.6k during the year ending 12/2022. While expenses have increased by 3.7% per year over the past 8 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
PROVIDED SCHOLARSHIPS TO LOCAL HIGH SCHOOL STUDENTS SEEKING HIGHER EDUCATION BASED UPON VARIOUS CRITERIA INCLUDING SCHOOL PERFORMANCE
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynne Otoole Secretary | 5 | $0 | |
Dawn Oconnell Treasurer | 5 | $0 | |
Kelly Foxx Co-President | 3 | $0 | |
Jodi Fownes Co-President | 5 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $103,617 |
| Investment income | $20 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $3,303 |
| Other Revenue | $0 |
| Total Revenue | $106,940 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $74,420 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $725 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $3,196 |
| Total expenses | $80,596 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $53,051 |
| Other assets | $0 |
| Total assets | $53,051 |
| Total liabilities | $0 |
| Net assets or fund balances | $53,051 |