Massachusetts Teachers Association
- Assets
- $3.5m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 29
- Location
- Bridgewater, MA
- Founding
- 10/1972
- Data as of
- 06/2021
- EIN
- 04-3247930
Organization Overview
Massachusetts Teachers Association is located in Bridgewater, MA. The organization was established in 1972. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. As of 06/2021, Massachusetts Teachers Association employed 29 individuals. 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 06/2021, Massachusetts Teachers Association generated $1.9m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $2.0m during the year ending 06/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE PURPOSE OF THE ASSOCIATION WILL BE TO ORGANIZE THE EFFORTS OF ITS MEMBERS TO MAINTAIN AND IMPROVE PUBLIC HIGHER EDUCATION IN MASSACHUSETTS IN GENERAL AND THE STATE COLLEGE EDUCATION IN PARTICULAR, TO DEVELOP AND ADVOCATE POLICIES FOR IMPROVE- ING THE WELFARE OF ITS MEMBERS AND TO ENFORCE COLLECTIVE BARGAINING CONTRACTS FOR ALL MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THE ASSOCIATION IS TO ORGANIZE IT,S MEMBERS TO IMPPROVE HIGHER EDUCATION IN MASSACHUSETTS AND DEVELOP AND ADVOCATE POLICIES FOR IMPROVING THE WELFARE OF ITS MEMBERS AND NEGOTIATE COLLECTIVE BARTGAINING CONTRACT AND ENFORCE THIS CONTRACT ON BEHALF OF ITS MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher O'donnell President | OfficerTrustee | 30 | $24,127 |
Eric Weeks Treasurer | OfficerTrustee | 10 | $18,047 |
Robert Dononue Grievance Chair | Trustee | 2 | $14,761 |
Nancy George Secretary | OfficerTrustee | 10 | $11,064 |
Maria Hegbloom Trustee | Trustee | 2 | $0 |
Keith Washington Trustee | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,803,392 |
| Investment income | $120,472 |
| 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 | $1,935,017 |
| Statement of Expenses | |
|---|---|
| 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. | $79,063 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $179,767 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $48,418 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,475 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $46,372 |
| 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 | $289 |
| Interest | $0 |
| Payments to affiliates | $1,580,153 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,965,164 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $3,450,708 |
| 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 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $38,475 |
| Total assets | $3,489,183 |
| Accounts payable and accrued expenses | $151,394 |
| 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 | $10,989 |
| Total liabilities | $162,383 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $3,326,800 |
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| Organization Name | Assets | Revenue |
|---|---|---|
American Dairy Assn & Dairy Council Of Ny Inc Empire Building North Syracuse, NY | $7,719,519 | $19,494,429 |
Connecticut Education Association Hartford, CT | $36,750,422 | $21,146,578 |
American Board Of Dermatology Inc Newton, MA | $22,591,734 | $8,634,242 |
Pioneer Institute Inc Boston, MA | $5,985,831 | $3,775,332 |
New York State Council Of School Superintendents Albany, NY | $5,077,642 | $3,046,665 |
Faithacts For Education Inc Fairfield, CT | $3,023,669 | $3,964,948 |
Associated Builders And Contractors Inc East Syracuse, NY | $1,910,207 | $2,380,603 |
Massachusetts Teachers Association Bridgewater, MA | $3,489,183 | $1,935,017 |
Reading League Syracuse, NY | $2,958,965 | $2,169,026 |
Bsa-Ila Retirement Account Plan Charlestown, MA | $2,044,138 | $1,513,604 |
New York State Restaurant Assn Inc Albany, NY | $6,584,499 | $1,643,871 |
Mass Restaurant Assn Inc Westborough, MA | $3,466,323 | $1,227,109 |