American Federation Of Teachers
- Assets
- $406.8k
- Revenue
- $168.5k
- Investments
- $0.0
- Employees
- 63
- Location
- Schenectady, NY
- Founding
- 02/1945
- Data as of
- 08/2023
- EIN
- 14-6030028
Organization Overview
American Federation Of Teachers is located in Schenectady, NY. The organization was established in 1945. 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, American Federation Of Teachers employed 63 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 08/2023, American Federation Of Teachers generated $168.5k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $166.2k 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 PROMOTE THE INTERESTS OF STUDENTS, THEIR WELFARE AND THE ADVANCEMENT OF EDUCATION AND THE IMPROVEMENT OF INSTRUCTIONAL OPPORTUNITIES FOR ALL INDIVIDUALS IN THE CITY OF SCHENECTADY, NEW YORK SCHOOL DISTRICT. ALSO SERVES ITS MEMBERS AS A LABOR ORGANIZATION ENGAGED IN THE COLLECTIVE BARGAINING AND CONTRACT ADMINISTRATION ON BEHALF OF ITS MEMBERSHIP WHICH APPROXIMATES 750 FULL MEMBERSHIPS. THERE ARE ALSO PARTIAL MEMBERSHIPS WHICH APPROXIMATES 420 MEMBERS. SFT IS AFFILIATED WITH NEW YORK STATE UNITED TEACHERS (NYSUT), LOCAL 803, AND ITS NATIONAL AFFILIATE THE AMERICAN FEDERATION OF TEACHERS (AFT) AND THE AFL-CIO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROMOTION OF COMMUNITY AWARENESS AND INVOLVEMENT IN SFT'S ACTIVITIES AND FUNCTIONS IN ORDER TO PROMOTE THE BENEFITS PROVIDED BY SFT TO THE PEOPLE IN THE SCHOOL DISTRICT SERVED BY SFT. ALSO PROMOTION OF THE STANDARDS OF THE EDUCATION PROFESSION WHICH ENABLES SFT TO FURTHER THE BROAD OBJECTIVES OF ACHIEVING HIGHER PROFESSIONAL STANDARDS FOR ITS MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Karen Moehle Elem School VP | Officer | 8 | $0 |
Melody York Elem School VP | Officer | 8 | $0 |
Sharon Eddy Treasurer | Officer | 8 | $0 |
Michael Silvestri President | Officer | 8 | $0 |
Erin Catrambone Middle Sch. VP | Officer | 8 | $0 |
Corinna Heggen High School VP | Officer | 8 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $540 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $540 |
| Total Program Service Revenue | $156,180 |
| Investment income | $277 |
| 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 | $168,516 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $2,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $75,103 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $7,756 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,375 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,181 |
| Advertising and promotion | $0 |
| Office expenses | $2,265 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $16,500 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $7,536 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,624 |
| All other expenses | $10,043 |
| Total functional expenses | $166,154 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $406,781 |
| 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 | $406,781 |
| 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 | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $405,388 |
| Net assets with donor restrictions | $1,393 |
| 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 | $406,781 |