Amalgamated Transit Union #308 FY2024 filing

Not tax-deductible

Chicago, IL501(c)(5)EIN 36-0721805Revenue $3.1M in FY2024

On file with the IRSatu308.org11204 S Western Ave, 60643-4116 · Chicago, ILTax-exempt since Oct 1940

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$1.2M paid to officers and key staff.
Pay: Part VII

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FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(5)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $103K a year · 4% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Pay to officers and key staff
$1.2M
to officers and key staff · 42% of spending
Concern: pay to officers and key staff is 42% of spending; over 30%.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.5 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$435K
37% of total assets
Looks good: liabilities are 37% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 16 voting members
Concern: none of 16 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.1M
+23% vs prior year
Spent
$2.8M
Net assets
$754K
By yearFY2020–FY2025
Revenue
$3.1M
FY2024▲ +23%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.7M
FY2021$2.6M
FY2022$2.6M
FY2023$2.5M
FY2024$3.1M
FY2025$3.2M
Expenses
$2.8M
FY2024▲ +4%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.6M
FY2021$2.5M
FY2022$2.6M
FY2023$2.7M
FY2024$2.8M
FY2025$2.9M
Net assets
$754K
FY2024▲ +55%
Tap a bar for its year
Net assets by fiscal year
FY2020$557K
FY2021$667K
FY2022$673K
FY2023$485K
FY2024$754K
FY2025$1.0M

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1940.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

17 people listed on the 990; $1.2M paid to officers and key staff.

Part VII, Section A · reportable compensation
Attorney
$224,473Pt VII · Sec A
President / Business Agent
$180,060Pt VII · Sec A
Secretary-Treasurer
$168,544Pt VII · Sec A
First Vice-President
$161,505Pt VII · Sec A
Second Vice-President
$161,309Pt VII · Sec A
Assistant Secretary-Treasu
$48,580Pt VII · Sec A
Executive Board Member
$26,614Pt VII · Sec A
Executive Board Member
$26,258Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Anita Hersh$220,844$224,473$207,414$229,221$199,175$205,982
Pennie McCoach$172,878$180,060$157,639$163,298$138,572$138,572
Deborah Cosey-Lane——$164,712$170,799$146,220$147,217
Eric Dixon——$170,667$169,234$152,349—
Cleveland Atkins$168,577$168,544————
Mark Weems$160,309$161,505$157,811$163,646$138,572$143,317
James Battle$160,119$161,309————
Kenneth Franklin—————$151,836

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Advocates for transit workers' rights, interests, and welfare through collective bargaining, arbitration, and community building.

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Provided by the organization

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1 program · in their own filed words · FY2024
01

Secure and defend our rights; advance our interests as workers; create an authority whose seal shall constitute a certificate of character, intelligence and skill; build up an organization where all the working members of our craft can participate in the discussion of those practical problems upon the solution of which depends our…

Pt IX · col B

By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$3.1M
Ln 12
Fees for servicesLn 2g$2.9M
Other incomeLn 4–11$167K
Investment incomeLn 3$10
Money outPt IX
$2.8M
Ln 25
Owns and owesPt X
$754K
net assets · Ln 32
Cash and savingsLn 1–2$583K
Total assetsLn 16$1.2M
LiabilitiesLn 26$435K
PeoplePt VI, VII
17
listed · VII A
PaidVII A17
Voting boardVI 1a16
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$2.9M
Investment incomeLn 3$10
Other incomeLn 4–11$167K
Total revenueLn 12$3.1M
Assets in detailPt X, end of year
CashLn 1$575K
SavingsLn 2$8K
Cash and savings togetherLn 1–2$583K
Land, buildings, equipmentLn 10c$605K
Total assetsLn 16$1.2M
LiabilitiesLn 26$435K
Net assetsLn 32$754K
OperationsPt I, VI
EmployeesI 562
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$302K$583K
Land, buildings, equipmentLn 10c$608K$605K
Total assetsLn 16$910K$1.2M
LiabilitiesLn 26$425K$435K
Net assetsLn 32$485K$754K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$12K
Grants to domestic individualsLn 2$597
Benefits paid to or for membersLn 4$2K
Pay of current officers, directors and key staffLn 5$952K
Other salaries and wagesLn 7$452K
Pension plan contributionsLn 8$8K
Other employee benefitsLn 9$9K
Payroll taxesLn 10$128K
Legal feesLn 11b$7K
Accounting feesLn 11c$69K
Other fees for servicesLn 11g$25K
Advertising and promotionLn 12$9K
Office expensesLn 13$159K
OccupancyLn 16$86K
TravelLn 17$11K
Conferences, conventions and meetingsLn 19$12K
InterestLn 20$15K
Payments to affiliatesLn 21$658K
Depreciation, depletion and amortizationLn 22$18K
InsuranceLn 23$20K
Other expenses (24a–d)Ln 24$126K
Total functional expensesLn 25$2.8M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $3.2M$2.9M$265K$1.0M 990 PDF
FY2024 Viewing $3.1M$2.8M$269K$754K 990 PDF
FY2023 $2.5M$2.7M−$188K$485K 990 PDF
FY2022 $2.6M$2.6M$6K$673K 990 PDF
FY2021 $2.6M$2.5M$110K$667K 990 PDF
FY2020 $2.7M$2.6M$158K$557K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (6 parts)
Part I · Summary $3,050,013 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $2,436,272$2,882,818
I-10 Investment incomePrior year $10$10
I-11 Other revenuePrior year $50,839$167,185
I-12 Total revenuePrior year $2,487,121$3,050,013
I-13 Grants and similar amounts paidPrior year $16,336$12,527
I-14 Benefits paid to membersPrior year $10,311$2,468
I-15 Salaries and benefitsPrior year $1,574,726$1,549,816
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,073,700$1,216,153
I-18 Total expensesPrior year $2,675,073$2,780,964
I-19 Revenue less expensesPrior year −$187,952$269,049
Part VI · Governance 0 of 16 board members independent, 4 to look at
VI-1a Voting members of the governing body16
VI-1b Independent voting members0
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
Part VIII · Statement of revenue $3,050,013 across 5 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $2,882,818$2,882,818
VIII-3 Investment incomeExcluded from tax $10$10
VIII-6 Net rental income or lossRelated to mission $12,000$12,000
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $155,185$155,185
VIII-12 Total revenueRelated to mission $2,894,818 · Unrelated business $0 · Excluded from tax $155,195$3,050,013
Part IX · Statement of functional expenses $2,780,964 across 21 lines filed
IX-1 Grants to domestic organizations$11,930
IX-2 Grants to domestic individuals$597
IX-4 Benefits paid to or for members$2,468
IX-5 Pay of current officers, directors and key staff$952,415
IX-7 Other salaries and wages$451,987
IX-8 Pension plan contributions$8,405
IX-9 Other employee benefits$9,151
IX-10 Payroll taxes$127,858
IX-11b Legal fees$6,955
IX-11c Accounting fees$68,839
IX-11g Other fees for services$25,237
IX-12 Advertising and promotion$9,364
IX-13 Office expenses$158,743
IX-16 Occupancy$86,406
IX-17 Travel$10,963
IX-19 Conferences, conventions and meetings$12,191
IX-20 Interest$15,144
IX-21 Payments to affiliates$658,206
IX-22 Depreciation, depletion and amortization$17,712
IX-23 Insurance$20,098
IX-24 Other expenses (24a–d)$126,295
IX-25 Total functional expenses$2,780,964
Part X · Balance sheet $1,188,483 assets, 9 lines filed
X-1 Cash, non-interest-bearingStart of year $295,199$575,139
X-2 Savings and temporary cash investmentsStart of year $6,758$8,258
X-10c Land, buildings and equipment, netStart of year $607,972$605,086
X-16 Total assetsStart of year $909,929$1,188,483
X-25 Other liabilitiesStart of year $12,513$33,906
X-26 Total liabilitiesStart of year $425,079$434,584
X-27 Net assets without donor restrictionsStart of year $484,850$753,899
X-32 Total net assets or fund balancesStart of year $484,850$753,899
X-33 Total liabilities and net assetsStart of year $909,929$1,188,483
Part XI · Reconciliation of net assets $753,899 net assets at year end
XI-1 Total revenue$3,050,013
XI-2 Total expenses$2,780,964
XI-3 Revenue less expenses$269,049
XI-4 Net assets at start of year$484,850
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$753,899

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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