American Federation Of Teachers
- Assets
- $2.0m
- Revenue
- $1.2m
- Investments
- $1.7m
- Employees
- 27
- Location
- Glassboro, NJ
- Founding
- 11/1967
- Data as of
- 12/2023
- EIN
- 22-2168931
Organization Overview
American Federation Of Teachers is located in Glassboro, NJ. 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. As of 12/2023, American Federation Of Teachers employed 27 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 12/2023, American Federation Of Teachers generated $1.2m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $853.6k during the year ending 12/2023. While expenses have increased by 1.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
BETTER THE CONDITION OF WORKERS AND IMPROVE THE QUALITY OF EDUCATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEFENSE AND REPRESENTATION OF ALL MEMBERS OF THE BARGAINING UNIT AND NON-MEMBER FACULTY AND STAFF OF THE COLLEGE WITH RESPECT TO ALL MATTERS RELATED TO THE EXISTING AGREEMENT BETWEEN THE CNJSCL AND THE STATE OF NEW JERSEY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Basso President | Officer | 4 | $19,960 |
Gerald Hough Vice President | Officer | 4 | $18,365 |
Michael Disanto Vice President Ii | Officer | 4 | $7,360 |
Robert Sacchetta Treasurer | Officer | 4 | $11,040 |
Kathryn Quigley Secretary | Officer | 4 | $8,670 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $861,393 |
| Investment income | $77,550 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $255,113 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,194,056 |
| 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 | $0 |
| Compensation of current officers, directors, key employees. | $65,395 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $171,878 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $21,733 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $15,975 |
| Fees for services: Accounting | $8,115 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $2,578 |
| Office expenses | $3,609 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $4,263 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $27,738 |
| Interest | $0 |
| Payments to affiliates | $514,659 |
| Depreciation, depletion, and amortization | $324 |
| Insurance | $2,277 |
| All other expenses | $36 |
| Total functional expenses | $853,580 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $196,356 |
| Savings and temporary cash investments | $103,954 |
| 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 | $486 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,711,155 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,011,951 |
| Accounts payable and accrued expenses | $2,090 |
| 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 | $2,090 |
| 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 | $2,009,861 |
| Total liabilities and net assets/fund balances | $2,011,951 |