Amalgamated Transit Union is located in Trenton, NJ. The organization was established in 1969. According to its NTEE Classification (J40) the organization is classified as: Labor Unions, under the broad grouping of Employment and related organizations. 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 12/2023, Amalgamated Transit Union generated $137.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (6.0%) each year. All expenses for the organization totaled $156.0k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.1%) per year over the past 5 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
2023
Describe the Organization's Program Activity:
Part 3
UNION LABOR
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Keneth W Rice President | 8 | $17,597 | |
Isam A Rashid Financial Secertary | 8 | $13,180 | |
Lee W Ingram Vice President | 8 | $8,347 | |
Paulson Cenor Recoding Secertary | 8 | $7,741 | |
Darryl Williams Executive Board | 8 | $11,662 | |
Michael Dertouzos Executive Board | 8 | $6,943 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $137,535 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $137,535 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $1,364 |
Salaries, other compensation, and employee benefits | $65,469 |
Professional fees and other payments to independent contractors | $16,969 |
Occupancy, rent, utilities, and maintenance | $805 |
Printing, publications, postage, and shipping | $2,648 |
Other expenses | $14,412 |
Total expenses | $156,031 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $67,109 |
Other assets | $0 |
Total assets | $67,109 |
Total liabilities | $0 |
Net assets or fund balances | $67,109 |