Texas Association Of College Teachers is located in Leander, TX. The organization was established in 1954. 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 the central organization for a national or regional group of organizations. Texas Association Of College Teachers is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 08/2018, Texas Association Of College Teachers generated $37.2k in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $30.1k during the year ending 08/2018. 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
MEMBER SERVICES AND LOBBYING AS ADVOCATE FOR TEXAS FACULTY IN AREAS OF RETIREMENT, ACADEMIC FREEDOM AND SALARY AND BENEFITS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEGISLATIVE ACTIVITY - TACT SERVES AS AN ADVOCATE FOR TEXAS FACULTY ON ISSUES SUCH AS SALARY, BENEFITS, RETIREMENT AND ACADEMIC FREEDOM. FACULTY SERVICES IN AREAS OF RETIREMENT PLANNING AND LIABILITY INSURANCE - THE ANNUAL ORP ISSUE OF THE TACT BULLETIN COMPARES FINANCIAL PRODUCTS OFFERED UNDER THE TEXAS RETIREMENT PLAN. ASSOCIATION MEETINGS AND ACTIVITIES - INCLUDES STATE AND REGIONAL MEETINGS, PUBLICATION OF THE TACT BULLETIN ON A QUARTERLY BASIS, AND MEMBERSHIP ACTIVITIES.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Donna Cox President | Trustee | 5 | $0 |
Mary Jo Garcia Biggs President-Elect | Trustee | 5 | $0 |
Stacey Bumstead VP - Membership | Trustee | 5 | $0 |
Jonathan Coopersmith VP - Legislat. Affairs | Trustee | 5 | $0 |
James Klein VP Of Financial Affairs | Trustee | 5 | $0 |
Matthew Capps Director-At-Large | Trustee | 5 | $0 |
| 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 | $37,223 |
| Investment income | $0 |
| 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 | $37,223 |
| 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 | $7,766 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $20,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $710 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $291 |
| Advertising and promotion | $0 |
| Office expenses | $100 |
| 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 | $97 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $30,089 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,240 |
| Savings and temporary cash investments | $0 |
| 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 | $11,240 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $4,848 |
| 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 | $4,848 |
| Unrestricted restricted net Assets | $6,392 |
| 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 | $6,392 |