Amalgamated Transit Union is located in Syracuse, NY. The organization was established in 1939. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. As of 12/2022, Amalgamated Transit Union employed 11 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Amalgamated Transit Union is a 501(c)(5) and as such, is described as a "Labor, Agricultural, and Horticultural Organization" by the IRS.
For the year ending 12/2022, Amalgamated Transit Union generated $242.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $246.5k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 7 years. 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 PERFORM FUNCTIONS IN ORDER TO BENEFIT THE UNION MEMBERS
Describe the Organization's Program Activity:
Part 3 - Line 4a
UNION DUES ARE COLLECTED AND PAID TO THE INTERNATIONAL FOR THE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Frank Saya Business Agent | Officer | 40 | $0 |
Michael Woodal President | Officer | 1 | $0 |
Naomi Vannoy VP | Officer | 1 | $0 |
Ahmed Darwish Record Secty | Officer | 1 | $0 |
Robert Terry Bd Member | Trustee | 1 | $0 |
E Fredericks Bd Member | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $239,450 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
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 | $239,450 |
Total Program Service Revenue | $1,750 |
Investment income | $4 |
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 | $242,349 |
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 | $3,416 |
Compensation of current officers, directors, key employees. | $95,868 |
Compensation of current officers, directors, key employees. | $95,868 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,409 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $9,503 |
Fees for services: Management | $0 |
Fees for services: Legal | $35,555 |
Fees for services: Accounting | $1,375 |
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 | $5,128 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $7,080 |
Travel | $3,825 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $390 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $2,623 |
All other expenses | $6,114 |
Total functional expenses | $246,460 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $30,232 |
Savings and temporary cash investments | $36,166 |
Pledges and grants receivable | $0 |
Accounts receivable, net | -$2 |
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 | $2,250 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $68,646 |
Accounts payable and accrued expenses | -$1,184 |
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 | $4,274 |
Total liabilities | $3,090 |
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 |
Retained earnings, endowment, accumulated income, or other funds | $65,556 |
Total liabilities and net assets/fund balances | $68,646 |