American Federation Of Teachers is located in Auburn, NY. 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 06/2024, American Federation Of Teachers generated $335.3k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $342.0k during the year ending 06/2024. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
THE AMERICAN FEDERATION OF TEACHERS IS A UNION OF PROFESSIONALS THAT CHAMPIONS FAIRNESS; DEMOCRACY; ECONOMIC OPPORTUNITY; AND HIGH-QUALITY PUBLIC EDUCATION, HEALTHCARE AND PUBLIC SERVICES FOR OUR STUDENTS, THEIR FAMILIES AND OUR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE ABOVE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Justin Herrling President | Officer | 20 | $6,000 |
Jefferey Alberici Treasurer | Officer | 1 | $2,000 |
Joseph Decarlo 1st Vice Pre | Officer | 1 | $2,000 |
David Fern 2nd Vice Pre | Officer | 1 | $2,000 |
Seth Kennedy Secretary | Officer | 1 | $2,000 |
Jeannette Oliver-Carr Executive Of | Officer | 1 | $2,000 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $327,878 |
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 | $327,878 |
Total Program Service Revenue | $0 |
Investment income | $7,451 |
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 | $335,329 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $5,500 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $16,000 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $740 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $700 |
Fees for services: Other | $4,000 |
Advertising and promotion | $8,265 |
Office expenses | $450 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $13,936 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $17,510 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $341,954 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $173,301 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $709 |
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 | $0 |
Investments—publicly traded securities | $355,609 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $529,619 |
Accounts payable and accrued expenses | $0 |
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 | $3,776 |
Total liabilities | $3,776 |
Net assets without donor restrictions | $525,843 |
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 | $529,619 |