Amalgamated Transit Union
- Assets
- $78.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Fort Mitchell, KY
- Founding
- 10/1940
- Data as of
- 12/2022
- EIN
- 61-0117776
Organization Overview
Amalgamated Transit Union is located in Fort Mitchell, KY. The organization was established in 1940. 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 12/2022, Amalgamated Transit Union generated $141.3k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $139.3k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John Bolan Past President | 45 | $36,022 | |
Derwin Carter President | 44 | $35,958 | |
Robert Kaiser Financial Secretary | 6 | $10,138 | |
Jeff Bischoff Vice President | 2 | $1,250 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $141,268 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $141,268 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $90,116 |
| Professional fees and other payments to independent contractors | $43,519 |
| Occupancy, rent, utilities, and maintenance | $900 |
| Printing, publications, postage, and shipping | $934 |
| Other expenses | $3,873 |
| Total expenses | $139,342 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $78,819 |
| Other assets | $0 |
| Total assets | $78,819 |
| Total liabilities | $0 |
| Net assets or fund balances | $78,819 |
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