American Federation Of Teachers
- Assets
- $391.8k
- Revenue
- $344.3k
- Investments
- $0.0
- Employees
- 33
- Location
- Cumberland, RI
- Founding
- 11/1967
- Data as of
- 08/2022
- EIN
- 05-6035591
Organization Overview
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 08/2022, Lincoln Teachers Association #1461 employed 33 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 08/2022, Lincoln Teachers Association #1461 generated $344.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $377.5k during the year ending 08/2022. While expenses have increased by 1.7% 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
2022
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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Fred Hoppe President | Officer | 10 | $29,400 |
Anne Bibeault Elementary VP | Officer | 5 | $10,033 |
David J Schofield 2nd VP | Officer | 5 | $10,033 |
Maryann Lacascio Treasurer | Officer | 5 | $9,675 |
Donna Rowland Secretary | Officer | 5 | $8,700 |
Kristen Lowe Executive Board Member | Trustee | 1 | $3,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $334,863 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,781 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $343,644 |
| Total Program Service Revenue | $0 |
| Investment income | $653 |
| 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 | $344,297 |
| 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. | $83,085 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $17,750 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $9,298 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,302 |
| 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 | $7,628 |
| 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 | $1,069 |
| Interest | $0 |
| Payments to affiliates | $135,044 |
| Depreciation, depletion, and amortization | $1,434 |
| Insurance | $1,094 |
| All other expenses | $5,474 |
| Total functional expenses | $377,468 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $113,850 |
| Savings and temporary cash investments | $277,937 |
| 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 | $391,787 |
| 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 | $1,026 |
| Total liabilities | $1,026 |
| Net assets without donor restrictions | $344,328 |
| Net assets with donor restrictions | $46,433 |
| 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 | $391,787 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New England Association Of Schools & Colleges Inc Lowell, MA | $16,030,739 | $7,781,290 |
National Association For Communitycollege Entrepreneurship Inc Springfield, MA | $6,289,800 | $9,180,513 |
National Education Association Rhode Island Cranston, RI | $10,459,695 | $4,596,791 |
New England Commission Of Higher Education Inc Burlington, MA | $6,648,757 | $4,536,246 |
Massachusetts Charter Public School Association Inc Hudson, MA | $3,207,817 | $3,098,616 |
Massachusetts Teachers Association Springfield, MA | $762,097 | $2,488,432 |
St Benedict Classical Academy Inc South Natick, MA | $10,642,527 | $3,137,870 |
New England Education Society Boston, MA | $0 | $7,315 |
American Federation Of Teachers Storrs, CT | $1,783,863 | $1,959,037 |
Educational Foundation Of The Massachusetts Society Of Certified Boston, MA | $1,277,822 | $2,006,323 |
Connecticut State University New Britain, CT | $1,902,387 | $1,402,287 |
Rhode Island Association For The Education Of Young Children Warwick, RI | $269,010 | $1,313,619 |