Madison Teachers Inc is located in Madison, WI. The organization was established in 1965. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Education and related organizations. As of 06/2022, Madison Teachers Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Madison Teachers Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 06/2022, Madison Teachers Inc generated $1.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.0%) each year. All expenses for the organization totaled $1.5m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.4%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE THE INTERESTS OF EDUCATION, THE TEACHING PROFESSION AND THE MEMBERS OF THE COLLECTIVE BARGAINING UNITS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MADISON TEACHERS INCORPORATED IS A MEMBER DRIVEN UNION CONSISTING OF OVER 2,500 MEMBERS IN THREE BARGAINING UNITS, INCLUDING: TEACHERS, EDUCATION PROFESSIONALS AND PARA PROFESSIONALS; SUBSTITUTE TEACHERS; AND EDUCATIONAL ASSISTANTS, SUPPORTIVE EDUCATIONAL EMPLOYEES (CLERICAL AND TECHNICAL) AND SCHOOL SECURITY ASSISTANTS WHO ARE EMPLOYEED BY THE MADISON METROPOLITAN SCHOOL DISTRICT.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Edward Sadlowski Executive Director (thru Dec) | Officer | 40 | $124,612 |
Jeffery Knight Executive Director (from Jan) | Officer | 40 | $113,906 |
Yvonne Knoche Office Manager | Officer | 40 | $91,068 |
Michael Jones President | OfficerTrustee | 1 | $0 |
Elizabeth O'leary Secretary | OfficerTrustee | 1 | $0 |
Andrea Missureli Vice President | OfficerTrustee | 1 | $0 |
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 | $202,118 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $202,118 |
Total Program Service Revenue | $1,368,416 |
Investment income | $21,281 |
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 | $1,591,815 |
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. | $394,347 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $428,154 |
Pension plan accruals and contributions | $68,010 |
Other employee benefits | $97,780 |
Payroll taxes | $48,882 |
Fees for services: Management | $0 |
Fees for services: Legal | $254,828 |
Fees for services: Accounting | $8,775 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $46,214 |
Advertising and promotion | $176 |
Office expenses | $31,945 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $28,820 |
Travel | $17,937 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,470 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $14,291 |
Insurance | $3,684 |
All other expenses | $23,406 |
Total functional expenses | $1,534,165 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $222,765 |
Savings and temporary cash investments | $4,149,825 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $28,490 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $16,779 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $11,549 |
Net Land, buildings, and equipment | $77,145 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $554,702 |
Total assets | $5,061,255 |
Accounts payable and accrued expenses | $407,104 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $244,333 |
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 | $670,086 |
Total liabilities | $1,321,523 |
Net assets without donor restrictions | $3,716,749 |
Net assets with donor restrictions | $22,983 |
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 | $5,061,255 |
Over the last fiscal year, we have identified 1 grants that Madison Teachers Inc has recieved totaling $400,000.
Awarding Organization | Amount |
---|---|
National Education Association Of The United States Washington, DC PURPOSE: FINANCIAL ASSISTANCE | $400,000 |
Organization Name | Assets | Revenue |
---|---|---|
Communities In Schools Of Kalamazoo Kalamazoo, MI | $10,712,802 | $3,786,396 |
Illinois Association Of School Administrators Springfield, IL | $11,254,126 | $4,395,708 |
Sfusa Willowbrook, IL | $1,091,110 | $3,636,809 |
Illinois Restaurant Association Chicago, IL | $4,128,802 | $3,480,810 |
Advance Illinois Nfp Chicago, IL | $4,175,192 | $3,046,236 |
Cities In Schools Aurora 2000 Inc Aurora, IL | $829,378 | $2,800,979 |
Minnesota Private College Council Inc St Paul, MN | $3,914,163 | $2,838,186 |
Michigan Restaurant & Lodging Association Lansing, MI | $5,991,711 | $3,222,884 |
Cast Iron Soil Pipe Institute Mundelein, IL | $1,209,116 | $2,490,854 |
We The People - Mi Detroit, MI | $6,009,373 | $7,093,160 |
Partnership For College Completion Chicago, IL | $3,079,798 | $3,336,622 |
School Administrators Of Iowa Clive, IA | $3,563,834 | $1,840,043 |