American Federation Of Teachers
- Assets
- $58.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Verona, NY
- Founding
- 11/1967
- Data as of
- 06/2024
- EIN
- 16-1703012
Organization Overview
American Federation Of Teachers is located in Verona, NY. 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. 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 06/2024, American Federation Of Teachers generated $23.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (12.7%) each year. All expenses for the organization totaled $28.4k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (3.5%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3
THIS ORGANIZATION PROVIDES VARIOUS SERVICES TO THE TEACHERS AND TEACHING ASSISTANTS OF MADISON-ONEIDA BOCES. THIS INCLUDES EMPLOYEE REPRESENTATION AND/OR MEDIATION IN MATTERS OF EMPLOYMENT, WORKING CONDITIONS AND DISPUTES AS THEY APPLY TO, AND WITHIN LIMITATIONS OF THE COLLECTIVE BARGAINING AGREEMENT FOR ANY GIVEN PERIOD OF TIME. THE ORGANIZATION IS ALSO RESPONSIBLE TO ENTER INTO FORMAL NEGOTIATIONS WITH THE ADMINISTRATION OF MADISON-ONEIDA BOCES TO APPEND, MODIFY AND/OR RENEW THE TERMS AND CONDITIONS OF THE COLLECTIVE BARGAINING AGREEMENT. THIS AGREEMENT SUPERCEDES POLICY. 187 MEMBERS WERE SERVED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Aquilino Kolasz President | 20 | $7,500 | |
Christi Hanson Secretary | 10 | $5,000 | |
Zachary Messenger-Harris Vice President | 15 | $5,000 | |
Marci Magnanti Treasurer | 12 | $5,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $0 |
| Membership dues | $21,318 |
| Investment income | $772 |
| Gain or Loss | $991 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $23,081 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $22,500 |
| Professional fees and other payments to independent contractors | $1,484 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $117 |
| Other expenses | $4,288 |
| Total expenses | $28,389 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $58,027 |
| Other assets | $0 |
| Total assets | $58,109 |
| Total liabilities | $0 |
| Net assets or fund balances | $58,109 |