Massachusetts Teachers Association
- Assets
- $310.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Lowell, MA
- Founding
- 10/1972
- Data as of
- 06/2022
- EIN
- 04-2648751
Organization Overview
Massachusetts Teachers Association is located in Lowell, 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 06/2022, Massachusetts Teachers Association generated $121.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 24.9% each year . All expenses for the organization totaled $85.2k during the year ending 06/2022. While expenses have increased by 12.8% 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
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3
THE SOCIETY PROVIDED COLLECTIVE BARGAINING REPRESENTATION FOR THE FULL TIME FACULTY AND LIBRARIANS AT THE UNIVERSITY OF MASSACHUSETTS LOWELL INCLUDING CONTRACT NEGOTIATIONS, CONTRACT MAINTENANCE AND GRIEVANCE SUPPORT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol Mcdonough President | 15 | $24,987 | |
Carol Barry Secretary | 10 | $0 | |
John Brown Officer | 5 | $0 | |
Johanna Choo Treasurer | 10 | $16,991 | |
Sanjeev Manohar Officer | 5 | $0 | |
Mary Hooker Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $106,442 |
| Investment income | $59 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $15,373 |
| Total Revenue | $121,874 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $62,572 |
| Professional fees and other payments to independent contractors | $1,230 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $2 |
| Other expenses | $21,431 |
| Total expenses | $85,235 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $310,356 |
| Other assets | $0 |
| Total assets | $310,356 |
| Total liabilities | $4,697 |
| Net assets or fund balances | $305,659 |