American Federation Of Teachers, operating under the name Lincoln Teachers Association #1461, is located in Cumberland, RI. The organization was established in 1967. According to its NTEE Classification (B03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Education and related organizations. As of 08/2023, Lincoln Teachers Association #1461 employed 28 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Lincoln Teachers Association #1461 is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 08/2023, Lincoln Teachers Association #1461 generated $349.7k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $281.1k during the year ending 08/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ACT AS A COLLECTIVE BARGAINING AGENT; TO SEEK OPTIMUM WORKING CONDITIONS; TO PROVIDE MEMBERS WITH REPRESENTATION AND DUE PROCESS; TO PROVIDE LIAISON BETWEEN TEACHERS, ADMINISTRATORS, AND SCHOOL COMMITTEES; PROMOTE PROFESSIONALISM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ALL FUNDS USED TO CONDUCT THE ORGANIZATION'S MISSION AS STATED ABOVE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Fred Hoppe President | Officer | 10 | $30,075 |
David J Schofield 2nd VP | Officer | 5 | $10,300 |
Donna Rowland Secretary | Officer | 5 | $9,250 |
Cheryl Murray Treasurer | Officer | 5 | $7,806 |
Kristen Lowe Executive Board Member | Trustee | 1 | $4,000 |
Amy Delfarno Executive Board Member | Trustee | 1 | $3,500 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $338,517 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $9,719 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $348,236 |
Total Program Service Revenue | $0 |
Investment income | $1,494 |
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 | $349,730 |
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. | $79,017 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $17,550 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $8,831 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $871 |
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 | $6,122 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $3,600 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $9,086 |
Interest | $0 |
Payments to affiliates | $135,811 |
Depreciation, depletion, and amortization | $0 |
Insurance | $1,072 |
All other expenses | $3,109 |
Total functional expenses | $281,073 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $175,257 |
Savings and temporary cash investments | $288,413 |
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 | $463,670 |
Accounts payable and accrued expenses | $0 |
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 | $4,052 |
Total liabilities | $4,052 |
Net assets without donor restrictions | $386,703 |
Net assets with donor restrictions | $72,915 |
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 | $463,670 |