American Federation Of Teachers
- Assets
- $1.4m
- Revenue
- $822.2k
- Investments
- $0.0
- Employees
- 10
- Location
- Fairbanks, AK
- Founding
- 02/1945
- Data as of
- 06/2024
- EIN
- 92-0160982
Organization Overview
American Federation Of Teachers is located in Fairbanks, AK. The organization was established in 1945. 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 06/2024, American Federation Of Teachers employed 10 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 06/2024, American Federation Of Teachers generated $822.2k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $775.0k during the year ending 06/2024. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 9 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO OPERATE A LOCAL UNION, WHICH NEGOTIATES, ADMINISTERS, AND ENFORCES COLLECTIVE BARGAINING AGREEMENTS, PROTECTS THE RIGHTS OF FACULTY, AND ADVOCATES FOR FACULTY INTERESTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO IMPROVE MEMBER COMPENSATION, BENEFITS AND WORKING CONDITIONS, FACILITATING COOPERATION OF THE FACULTY AT UNIVERSITY OF ALASKA, AND PROMOTING THE INTERESTS OF HIGHER EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Abel Bult-Ito Secretary | Officer | 4 | $1,225 |
Jill Dumesnil President | Officer | 20 | $16,040 |
Nelta Edwards Treasurer | Officer | 2 | $940 |
Tara Palmer Uaa Org Vice President | Officer | 4 | $6,307 |
Ryan Harrod Uaa Org Vice President | Officer | 4 | $0 |
Doug Cost Uaf Org Vice President | Officer | 4 | $796 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $784,890 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,979 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $787,869 |
| Total Program Service Revenue | $0 |
| Investment income | $34,292 |
| 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 | $822,161 |
| 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. | $152,559 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $200,881 |
| Pension plan accruals and contributions | $27,161 |
| Other employee benefits | $0 |
| Payroll taxes | $19,015 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $36,061 |
| Fees for services: Accounting | $31,140 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $5,168 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $13,109 |
| Travel | $27,136 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,718 |
| Interest | $0 |
| Payments to affiliates | $260,061 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $775,009 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $377,791 |
| Savings and temporary cash investments | $1,000,000 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,301 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $25 |
| Total assets | $1,392,117 |
| Accounts payable and accrued expenses | $22,480 |
| 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 | $22,480 |
| Net assets without donor restrictions | $1,369,637 |
| 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 | $1,392,117 |