American Federation Of Teachers is located in Old Lyme, CT. The organization was established in 1967. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, 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 06/2021, American Federation Of Teachers generated $29.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (8.7%) each year. All expenses for the organization totaled $34.7k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (6.5%) per year over the past 6 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
2021
Describe the Organization's Program Activity:
Part 3
THIS IS A LABOR UNION. THE ACTIVITIES IT CONDUCTS IN FURTHERANCE OF ITS EXEMPT PURPOSES ARE CLOSELY INTERRELATED. THEREFORE THERE IS NO PRECISE ALLOCATION THAT CAN BE MADE AMONG INDIVIDUAL ACTIVITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dean Dorsey Vp/steward | 10 | $2,800 | |
Kristen Cabral Treasurer | 10 | $1,629 | |
Lynn Flanagan Secretary | 10 | $213 | |
Elizabeth Daly Past Secretary | 10 | $170 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $29,842 |
Investment income | $1 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $29,843 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $4,812 |
Professional fees and other payments to independent contractors | $660 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $3,706 |
Total expenses | $34,654 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $8,161 |
Other assets | $0 |
Total assets | $8,161 |
Total liabilities | $6,729 |
Net assets or fund balances | $1,432 |
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