Texas Association Of College Teachers is located in Leander, TX. The organization was established in 1954. 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 the central organization for a national or regional group of organizations. Texas Association Of College Teachers 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 08/2018, Texas Association Of College Teachers generated $37.2k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.6% each year. All expenses for the organization totaled $30.1k during the year ending 08/2018. 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
MEMBER SERVICES AND LOBBYING AS ADVOCATE FOR TEXAS FACULTY IN AREAS OF RETIREMENT, ACADEMIC FREEDOM AND SALARY AND BENEFITS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LEGISLATIVE ACTIVITY - TACT SERVES AS AN ADVOCATE FOR TEXAS FACULTY ON ISSUES SUCH AS SALARY, BENEFITS, RETIREMENT AND ACADEMIC FREEDOM. FACULTY SERVICES IN AREAS OF RETIREMENT PLANNING AND LIABILITY INSURANCE - THE ANNUAL ORP ISSUE OF THE TACT BULLETIN COMPARES FINANCIAL PRODUCTS OFFERED UNDER THE TEXAS RETIREMENT PLAN. ASSOCIATION MEETINGS AND ACTIVITIES - INCLUDES STATE AND REGIONAL MEETINGS, PUBLICATION OF THE TACT BULLETIN ON A QUARTERLY BASIS, AND MEMBERSHIP ACTIVITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Chuck Hempstead Executive Director | Officer | 11 | $20,000 |
Donna Cox President | Trustee | 5 | $0 |
Mary Jo Garcia Biggs President-Elect | Trustee | 5 | $0 |
Stacey Bumstead VP - Membership | Trustee | 5 | $0 |
Jonathan Coopersmith VP - Legislat. Affairs | Trustee | 5 | $0 |
James Klein VP Of Financial Affairs | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Investment income | $0 |
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 | $37,223 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $7,766 |
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 | $20,000 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $710 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $291 |
Advertising and promotion | $0 |
Office expenses | $100 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $97 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $30,089 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $11,240 |
Savings and temporary cash investments | $0 |
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 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $11,240 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $4,848 |
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 | $4,848 |
Net assets without donor restrictions | $6,392 |
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 |
Total liabilities and net assets/fund balances | $6,392 |
Organization Name | Assets | Revenue |
---|---|---|
The Teaching Trust Dallas, TX | $0 | $1,277,048 |
Oklahoma Education Association Oklahoma City, OK | $8,207,045 | $7,151,066 |
Texas Classroom Teachers Association Austin, TX | $18,131,963 | $5,396,688 |
National Diversity Council Houston, TX | $4,256,858 | $6,138,107 |
American Case Management Association Little Rock, AR | $1,766,697 | $2,995,171 |
Texas Computer Education Association Austin, TX | $6,144,235 | $4,520,658 |
Jefferson Federation Of Teachers Health And Welfare Fund Metairie, LA | $2,212,673 | $3,830,342 |
Texas Pioneer Foundation Texarkana, TX | $58,953,395 | $3,411,006 |
National Education Association Of New Mexico Inc Santa Fe, NM | $5,499,910 | $3,405,604 |
Association Of Professional Oklahoma Educators Norman, OK | $3,652,694 | $2,884,225 |
Literacy Coalition Of Central Texas Austin, TX | $629,691 | $2,233,643 |
Louisiana Association Of Educators Baton Rouge, LA | $3,465,257 | $3,286,362 |