American Federation Of Teachers
- Assets
- $1.5m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 58
- Location
- Burlington, VT
- Founding
- 11/1967
- Data as of
- 06/2024
- EIN
- 03-0259114
Organization Overview
American Federation Of Teachers is located in Burlington, VT. The organization was established in 1967. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 06/2024, American Federation Of Teachers employed 58 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. American Federation Of Teachers 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, American Federation Of Teachers generated $2.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.7% each year . All expenses for the organization totaled $2.0m during the year ending 06/2024. While expenses have increased by 15.0% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
AFT VERMONT IS A STATEWIDE ORGANIZATION THAT REPRESENTS HIGHER EDUCATION AND HEALTHCARE PROFESSIONALS IN CONTRACT BARGAINING, GRIEVANCE PROCESSING AND WORKS TO IMPROVE HEALTHCARE AND HIGHER EDUCATION FOR ALL VERMONTERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE SUPPORT SERVICES TO LABOR UNION MEMBERS ON WORK RELATED ISSUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Nicole Divita Co-President For Healthcare | OfficerTrustee | 10 | $16,830 |
Linda Olson Co-President For Higher Education | OfficerTrustee | 10 | $18,360 |
Emily Casey Secretary/treasurer | OfficerTrustee | 5 | $9,600 |
Kate Gold Vice President For Political Action | OfficerTrustee | 3 | $7,711 |
Rich Clark Vice President For Racial & Social Justice | OfficerTrustee | 3 | $0 |
Beth Walsh Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $1,428,764 |
| Fundraising events | $0 |
| Related organizations | $911,790 |
| 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 | $2,340,554 |
| Total Program Service Revenue | $0 |
| Investment income | $444 |
| 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 | $2,354,818 |
| 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. | $44,592 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,156,210 |
| Pension plan accruals and contributions | $90,094 |
| Other employee benefits | $406,046 |
| Payroll taxes | $100,256 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,144 |
| Fees for services: Accounting | $15,820 |
| Fees for services: Lobbying | $27,637 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $277 |
| Advertising and promotion | $2,662 |
| Office expenses | $19,161 |
| Information technology | $11,636 |
| Royalties | $0 |
| Occupancy | $59,724 |
| Travel | $2,039 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $15,293 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,971,967 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $664,146 |
| Savings and temporary cash investments | $105,312 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $424,145 |
| 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 | $249,233 |
| Other assets | $10,227 |
| Total assets | $1,453,063 |
| Accounts payable and accrued expenses | $203,052 |
| 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 | $254,859 |
| Total liabilities | $457,911 |
| Net assets without donor restrictions | $980,440 |
| Net assets with donor restrictions | $14,712 |
| Capital stock or trust principal, or current funds | $0 |
| 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 | $1,453,063 |