Amalgamated Transit Union
- Assets
- $232.3k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fitchburg, MA
- Founding
- 10/1940
- Data as of
- 12/2023
- EIN
- 04-1025676
Organization Overview
Amalgamated Transit Union is located in Fitchburg, MA. The organization was established in 1940. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Amalgamated Transit 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 12/2023, Amalgamated Transit Union generated $73.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (4.8%) each year. All expenses for the organization totaled $68.6k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 9 years. 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
2023
Describe the Organization's Program Activity:
Part 3
LOCAL TRANSIT UNION. APPROXIMATELY 116 MEMBERS AS OF 12/31/2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Wyman Vice President | 2.5 | $5,148 | |
Carlos Duarte Steward | 2.5 | $2,753 | |
Marc Kirouac Steward | 2.5 | $2,185 | |
William Roy President | 2.5 | $2,879 | |
Robert Stuart Steward | 2.5 | $1,076 | |
Nikolaos Hristodulu Treasurer | 2.5 | $4,752 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $68,343 |
| Investment income | $5,424 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $73,767 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $2,808 |
| Salaries, other compensation, and employee benefits | $21,910 |
| Professional fees and other payments to independent contractors | $4,075 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $15,092 |
| Total expenses | $68,580 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $232,294 |
| Other assets | $0 |
| Total assets | $232,294 |
| Total liabilities | $0 |
| Net assets or fund balances | $232,294 |