Amalgamated Transit Union Division 689 FY2022 filing

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To further the interests and welfare of the membership of this organization and advance the cause of organized labor.

501(c)(5) labor or agricultural organization; gifts are not tax-deductible as charitable contributions.
$2.5M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Pay: Part VII

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FY2022 · 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
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $1.2M a year · 11% of revenue · last 5 filings
Fine: a surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$2.5M
to officers and key staff · 26% of spending
Worth a look: pay to officers and key staff is 26% of spending; over 20%.
Pt VII · Sec A
1 mo
of spending, in cash
Plus $25.7M in investments, Pt X · Ln 11–13
Fine: 1.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$107K
0.4% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
0
of 32 voting members
Concern: none of 32 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$9.5M
-9% vs prior year
Spent
$9.7M
Net assets
$29.0M
By yearFY2020–FY2024
Revenue
$9.5M
FY2022▼ -9%
Tap a bar for its year
Revenue by fiscal year
FY2020$9.6M
FY2021$10.3M
FY2022$9.5M
FY2023$11.2M
FY2024$15.2M
Expenses
$9.7M
FY2022▲ +13%
Tap a bar for its year
Expenses by fiscal year
FY2020$8.4M
FY2021$8.6M
FY2022$9.7M
FY2023$10.8M
FY2024$12.4M
Net assets
$29.0M
FY2022▼ -15%
Tap a bar for its year
Net assets by fiscal year
FY2020$29.2M
FY2021$34.1M
FY2022$29.0M
FY2023$33.5M
FY2024$37.4M

From the FY2022 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 1940.

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

Who runs it and what they're paid

31 people listed on the 990; $2.5M paid to officers and key staff.

Part VII, Section A · reportable compensation
$210,695Pt VII · Sec A
Treasurer
$176,664Pt VII · Sec A
Recording Secretary
$150,941Pt VII · Sec A
Assistant Business Agent
$133,306Pt VII · Sec A
Assistant Business Agent
$132,423Pt VII · Sec A
Second Vice President
$131,220Pt VII · Sec A
Assistant Business Agent
$130,769Pt VII · Sec A
Assistant Business Agent
$130,769Pt VII · Sec A

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

NameFY2024FY2023FY2022FY2021FY2020
Raymond Jackson$238,229$238,948$210,695$199,456$222,505
Keith Bullock$187,262$198,190$176,664$170,155$174,516
Barry Wilson$179,768$188,412$150,941$116,324—
Brenda Thomas———$158,777$161,366
Damion Cannon$145,554$137,659$133,306$125,509$120,469
Glenn Miller$144,483$140,314$130,769——
Romoan C Bruce$143,948————
Derrick Gray$143,948$140,314$130,769$120,917$124,669

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.

See Amalgamated Transit Union Division 689 executive salaries →

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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 workers' rights and promotes organized labor.

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3 programs · in their own filed words · FY2022
01

Contract negotiation, legal and arbitration expenses for services rendered involving the support and assistance to local 689 members.

Pt IX · col B
02

Services performed by officers, directors, committee staff and shop stewards in support and assistance to local 689 union members.

Pt IX · col B
03

Conferences, conventions, meetings and new member program expense.

Pt IX · col B

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$9.5M
Ln 12
Fees for servicesLn 2g$9.0M
Investment incomeLn 3$373K
Other incomeLn 4–11$59K
Money outPt IX
$9.7M
Ln 25
Owns and owesPt X
$29.0M
net assets · Ln 32
Cash and savingsLn 1–2$1.1M
Total assetsLn 16$29.1M
LiabilitiesLn 26$107K
PeoplePt VI, VII
31
listed · VII A
PaidVII A31
Voting boardVI 1a32
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$9.0M
Investment incomeLn 3$373K
Other incomeLn 4–11$59K
Gains on assetsLn 7−$186K
Total revenueLn 12$9.5M
Assets in detailPt X, end of year
CashLn 1$300
SavingsLn 2$1.1M
Cash and savings togetherLn 1–2$1.1M
InvestmentsLn 11–13$25.7M
Land, buildings, equipmentLn 10c$2.2M
Other assetsLn 15$96K
Total assetsLn 16$29.1M
LiabilitiesLn 26$107K
Net assetsLn 32$29.0M
OperationsPt I, VI
EmployeesI 5421
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 FY22End FY22
Cash and savingsLn 1–2$1.5M$1.1M
InvestmentsLn 11–13$30.6M$25.7M
Land, buildings, equipmentLn 10c$2.0M$2.2M
Total assetsLn 16$34.2M$29.1M
LiabilitiesLn 26$54K$107K
Net assetsLn 32$34.1M$29.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$2.6M
Other salaries and wagesLn 7$1.9M
Pension plan contributionsLn 8$16K
Other employee benefitsLn 9$26K
Payroll taxesLn 10$321K
Legal feesLn 11b$35K
Accounting feesLn 11c$125K
Investment management feesLn 11f$168K
Other fees for servicesLn 11g$50
Office expensesLn 13$423K
Conferences, conventions and meetingsLn 19$257K
Payments to affiliatesLn 21$2.6M
Depreciation, depletion and amortizationLn 22$168K
InsuranceLn 23$19K
Other expenses (24a–d)Ln 24$824K
All other expensesLn 24e$252K
Total functional expensesLn 25$9.7M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $15.2M$12.4M$2.7M$37.4M 990 PDF
FY2023 $11.2M$10.8M$427K$33.5M 990 PDF
FY2022 Viewing $9.5M$9.7M−$204K$29.0M 990 PDF
FY2021 $10.3M$8.6M$1.8M$34.1M 990 PDF
FY2020 $9.6M$8.4M$1.1M$29.2M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2022 990 (6 parts)
Part I · Summary $9,458,493 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$0
I-9 Program service revenuePrior year $8,361,067$9,027,033
I-10 Investment incomePrior year $1,929,527$372,774
I-11 Other revenuePrior year $57,027$58,686
I-12 Total revenuePrior year $10,347,621$9,458,493
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $4,106,621$4,815,931
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $4,448,406$4,846,862
I-18 Total expensesPrior year $8,555,027$9,662,793
I-19 Revenue less expensesPrior year $1,792,594−$204,300
Part VI · Governance 0 of 32 board members independent, 4 to look at
VI-1a Voting members of the governing body32
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 $9,458,493 across 5 lines filed
Lines not itemized here account for $9,027,033 of total revenue; see the IRS return.
VIII-3 Investment incomeExcluded from tax $558,654$558,654
VIII-6 Net rental income or lossExcluded from tax $56,160$56,160
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$185,880−$185,880
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $2,526$2,526
VIII-12 Total revenueRelated to mission $9,029,559 · Unrelated business $0 · Excluded from tax $428,934$9,458,493
Part IX · Statement of functional expenses $9,662,793 across 16 lines filed
IX-5 Pay of current officers, directors and key staff$2,584,756
IX-7 Other salaries and wages$1,867,745
IX-8 Pension plan contributions$15,950
IX-9 Other employee benefits$26,396
IX-10 Payroll taxes$321,084
IX-11b Legal fees$35,461
IX-11c Accounting fees$124,810
IX-11f Investment management fees$168,191
IX-13 Office expenses$423,097
IX-19 Conferences, conventions and meetings$257,043
IX-21 Payments to affiliates$2,575,510
IX-22 Depreciation, depletion and amortization$168,337
IX-23 Insurance$18,635
IX-24 Other expenses (24a–d)$824,142
IX-24e All other expenses$251,586
IX-25 Total functional expenses$9,662,793
Part X · Balance sheet $29,071,783 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $300$300
X-2 Savings and temporary cash investmentsStart of year $1,534,729$1,052,199
X-10c Land, buildings and equipment, netStart of year $1,981,613$2,199,275
X-11 Publicly traded securitiesStart of year $30,641,564$25,724,483
X-15 Other assetsStart of year $8,000$95,526
X-16 Total assetsStart of year $34,166,206$29,071,783
X-25 Other liabilitiesStart of year $53,782$107,050
X-26 Total liabilitiesStart of year $53,782$107,050
X-27 Net assets without donor restrictionsStart of year $33,678,987$28,491,968
X-28 Net assets with donor restrictionsStart of year $433,437$472,765
X-32 Total net assets or fund balancesStart of year $34,112,424$28,964,733
X-33 Total liabilities and net assetsStart of year $34,166,206$29,071,783
Part XI · Reconciliation of net assets $28,964,733 net assets at year end
XI-1 Total revenue$9,458,493
XI-2 Total expenses$9,662,793
XI-3 Revenue less expenses−$204,300
XI-4 Net assets at start of year$34,112,424
XI-5 Net unrealized gains (losses) on investments−$4,943,391
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$28,964,733

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

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