American Federation Of Teachers
- Assets
- $209.4m
- Revenue
- $197.1m
- Investments
- $67.0m
- Employees
- 1,137
- Location
- New York, NY
- Founding
- 02/1945
- Data as of
- 07/2021
- EIN
- 13-5582895
Organization Overview
American Federation Of Teachers is located in New York, NY. The organization was established in 1945. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 07/2021, American Federation Of Teachers employed 1,137 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. American Federation Of Teachers is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 07/2021, American Federation Of Teachers generated $197.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $192.3m during the year ending 07/2021. While expenses have increased by 1.9% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE PAGE 2, PART III, LINE 4A
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SERVE ITS MEMBERS AND OTHER EMPLOYEES IN SEEKING FAVORABLE EMPLOYMENT CONDITIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Mulgrew President | OfficerTrustee | 35 | $338,430 |
Charles Baker Controller | 35 | $259,765 | |
Richard Riley Communications | 35 | $248,684 | |
Leroy Barr Secretary | OfficerTrustee | 35 | $233,472 |
Beth Norton General Counsel | 35 | $232,896 | |
Anthony Harmon Executive Board | OfficerTrustee | 35 | $227,678 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Salesforce Com Inc Consultant | 7/30/21 | $2,585,518 |
Ce Towers Landlord | 7/30/21 | $1,974,552 |
Stroock & Stroock & Lavan Legal Services | 7/30/21 | $1,914,424 |
Feldman Kramer & Monaco Pc Landlord | 7/30/21 | $2,475,000 |
Brooklyn Renaissance Plaza Llc Landlord | 7/30/21 | $2,579,308 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,449,192 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,449,192 |
| Total Program Service Revenue | $195,486,116 |
| Investment income | $268,338 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $244,306 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $197,092,067 |
| 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 | $25,134 |
| Compensation of current officers, directors, key employees. | $8,243,202 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $31,790,814 |
| Pension plan accruals and contributions | $9,597,061 |
| Other employee benefits | $9,676,023 |
| Payroll taxes | $2,801,615 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,098,812 |
| Fees for services: Accounting | $187,292 |
| Fees for services: Lobbying | $2,887,315 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,580,342 |
| Advertising and promotion | $0 |
| Office expenses | $4,446,629 |
| Information technology | $13,163,196 |
| Royalties | $0 |
| Occupancy | $18,800,008 |
| Travel | $240,530 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $748,995 |
| Interest | $0 |
| Payments to affiliates | $66,657,815 |
| Depreciation, depletion, and amortization | $1,512,742 |
| Insurance | $317,968 |
| All other expenses | $5,710,087 |
| Total functional expenses | $192,299,990 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,987,245 |
| Savings and temporary cash investments | $6,660,208 |
| Pledges and grants receivable | $8,792,121 |
| Accounts receivable, net | $36,730,360 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $25,341,821 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $898,196 |
| Net Land, buildings, and equipment | $8,280,755 |
| Investments—publicly traded securities | $28,975,855 |
| Investments—other securities | $67,022,398 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,684,943 |
| Total assets | $209,373,902 |
| Accounts payable and accrued expenses | $13,117,339 |
| 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 | $240,115,742 |
| Total liabilities | $253,233,081 |
| Net assets without donor restrictions | -$43,859,179 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $209,373,902 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that American Federation Of Teachers has recieved totaling $2,040,000.
| Awarding Organization | Amount |
|---|---|
New York State United Teachers Latham, NY PURPOSE: COMMUNITY INITIATIVES | $2,000,000 |
American Federation Of Teachers Educational Foundation Washington, DC PURPOSE: INNOVATION FUND SUPPORT | $40,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Steelworkers Pittsburgh, PA | $1,591,184,108 | $562,332,613 |
New York Shipping Association Inc Edison, NJ | $171,986,612 | $322,473,763 |
Pennsylvania State Employees Credit Union Harrisburg, PA | $8,187,070,454 | $315,391,935 |
District Council 37 Benefits Fund Trust New York, NY | $665,776,157 | $300,092,615 |
United Welfare Fund Of Amalamated Local Union 355 New Rochelle, NY | $539,950,213 | $188,463,045 |
American Federation Of Teachers New York, NY | $209,373,902 | $197,092,067 |
New York State United Teachers Latham, NY | $251,223,515 | $162,951,138 |
Unite Here New York, NY | $279,468,324 | $95,510,033 |
Civil Service Employees Association Albany, NY | $359,396,505 | $153,849,987 |
Electrical Industry Board Of Nassau & Suffolk Counties New York Hauppauge, NY | $5,151,599 | $113,480,505 |
Service Employees International Local New York, NY | $34,489,521 | $108,760,817 |
Steamfitters Industry Welfare Fund Board Of Trustees Long Island City, NY | $135,023,453 | $84,135,128 |