American Federation Of Teachers is located in Ewing, NJ. The organization was established in 1970. 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 08/2023, American Federation Of Teachers employed 17 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 08/2023, American Federation Of Teachers generated $514.4k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.1% each year . All expenses for the organization totaled $420.8k during the year ending 08/2023. 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
TO BRING FULL-TIME, PART-TIME & ADJUNCT FACULTY AND PROFESSIONAL COLLEGE STAFF INTO RELATIONS OF MUTUAL ASSISTANCE AND COOPERATION, IN ADDITION TO ADVANCING THE INTEREST OF FACULTY AND PROFESSIONAL COLLEGE STAFF.
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.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Nancy Lasher President (outgoing) | Officer | 30 | $20,475 |
David Prensky Vice President/grievances (outgoing) | Officer | 25 | $3,150 |
Terrence Bennett Treasurer | Officer | 20 | $13,388 |
Kyla Tucker Secretary (outgoing) | Officer | 20 | $4,725 |
Marc Brescia Professional Staff Rep. | Officer | 10 | $4,725 |
Erin Ackerman Librarian Representative (outgoing) | Officer | 10 | $3,150 |
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 | $510,767 |
Investment income | $3,592 |
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 | $514,359 |
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. | $90,563 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $36,240 |
Pension plan accruals and contributions | $1,216 |
Other employee benefits | $0 |
Payroll taxes | $11,539 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $5,050 |
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 | $3,735 |
Information technology | $252 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $7,859 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $515 |
Insurance | $4,672 |
All other expenses | $144 |
Total functional expenses | $420,818 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $302,575 |
Savings and temporary cash investments | $564,810 |
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 | $814 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $868,199 |
Accounts payable and accrued expenses | $15,992 |
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 | $15,992 |
Net assets without donor restrictions | $852,207 |
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 | $0 |
Total liabilities and net assets/fund balances | $868,199 |