American Federation Of Teachers is located in Brooklyn, NY. 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. 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 $117.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.7%) each year. All expenses for the organization totaled $123.4k during the year ending 08/2023. As we would expect to see with falling revenues, expenses have declined by (4.0%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
MAINTAIN MEMBER RIGHTS AND CONTRACT PROTECTIONS
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Stephanie Porcelli President | 10 | $12,912 | |
Ben Saunders Secretary | 5 | $0 | |
Carla Zeballos Treasurer | 10 | $11,934 | |
Margaret Cuonzo Grievance Chair | 10 | $0 | |
Barbara Parisi Vice President | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $0 |
Membership dues | $114,828 |
Investment income | $2,094 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $1,000 |
Total Revenue | $117,922 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $24,846 |
Professional fees and other payments to independent contractors | $5,180 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $791 |
Total expenses | $123,387 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $141,947 |
Other assets | $0 |
Total assets | $141,947 |
Total liabilities | $0 |
Net assets or fund balances | $141,947 |