American Federation Of Teachers
- Assets
- $436.4k
- Revenue
- $871.0k
- Investments
- $0.0
- Employees
- 6
- Location
- Oklahoma City, OK
- Founding
- 12/1970
- Data as of
- 08/2023
- EIN
- 73-0955513
Organization Overview
American Federation Of Teachers is located in Oklahoma City, OK. 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 6 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 $871.0k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $798.0k during the year ending 08/2023. While expenses have increased by 1.2% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
LOCAL TEACHERS UNION
Describe the Organization's Program Activity:
Part 3 - Line 4a
REPRESENTATION, CONTRACT NEGOTIATIONS AND DISPUTE SETTLEMENTS FOR MEMBERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Torie Luster-Pennington President | OfficerTrustee | 40 | $61,792 |
Mary Best Membership S | OfficerTrustee | 20 | $25,017 |
Ruth Nichols Treasurer | OfficerTrustee | 10 | $8,669 |
Cheryl Brouwer 2nd Vice Pre | OfficerTrustee | 1 | $0 |
Mary Cox Trustee | Trustee | 1 | $0 |
Mariea Drain Trustee | Trustee | 1 | $0 |
Financial Statements
| 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 | $41,849 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,849 |
| Total Program Service Revenue | $819,718 |
| Investment income | $486 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $8,904 |
| 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 | $870,957 |
| 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. | $117,642 |
| Compensation of current officers, directors, key employees. | $17,231 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $154,037 |
| Pension plan accruals and contributions | $15,329 |
| Other employee benefits | $29,197 |
| Payroll taxes | $19,112 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $300 |
| Fees for services: Accounting | $7,765 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $15,000 |
| Advertising and promotion | $0 |
| Office expenses | $2,676 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $41,320 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,081 |
| Interest | $0 |
| Payments to affiliates | $370,199 |
| Depreciation, depletion, and amortization | $587 |
| Insurance | $0 |
| All other expenses | $9,372 |
| Total functional expenses | $797,963 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $285,273 |
| Savings and temporary cash investments | $150,626 |
| 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 | $491 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $436,390 |
| Accounts payable and accrued expenses | $2,577 |
| 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 | $2,577 |
| Net assets without donor restrictions | $433,813 |
| 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 | $436,390 |