Amalgamated Transit Union
Amalgamated Transit Union shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 111554402 · Valley Stream, NY · Updated: 2026-03-28
About Amalgamated Transit Union
Amalgamated Transit Union (EIN: 111554402) is a nonprofit organization based in Valley Stream, NY. The organization reported total revenue of $11.2M and total assets of $27.6M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Amalgamated Transit Union's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Amalgamated Transit Union with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 10%
- programs: 85%
- fundraising: 5%
According to IRS 990 filings, Amalgamated Transit Union allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's officers are not receiving salaries from the union, which is highly unusual for an organization of its size with over $10 million in annual revenue and $27 million in assets.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of Amalgamated Transit Union's IRS 990 filings:
- Consistent 0% officer compensation reported, which is unusual for an organization of this size and could indicate compensation is reported elsewhere or through non-standard means.
- Significant deficit in 201406 period where expenses ($9.1M) substantially exceeded revenue ($6.7M) without immediate explanation in the provided data.
Strengths
The following positive indicators were identified for Amalgamated Transit Union:
- Strong and consistent revenue growth over the past decade, from $6.7M in 2014 to $10.0M in 2023.
- Healthy asset accumulation, with assets growing from $12.8M to $24.3M over the last 10 years, indicating financial stability.
- Generally operates with a surplus, demonstrating effective financial management and sustainability.
- Low liabilities relative to assets in most years, suggesting a strong balance sheet.
- High transparency regarding executive compensation, reporting 0% officer compensation.
Frequently Asked Questions about Amalgamated Transit Union
Why is officer compensation consistently reported as 0%?
The IRS 990 filings for the Amalgamated Transit Union consistently report 0% for officer compensation. This could mean that officers are compensated through other means not captured in this specific line item, or they are volunteers, which is highly uncommon for an organization of this scale.
What caused the significant deficit in the 201406 period?
In the 201406 period, the organization reported expenses of $9,169,678 against revenues of $6,755,556, resulting in a substantial deficit. The specific reasons for this spike in expenses are not detailed in the provided data but warrant further investigation into the filing's expense breakdown.
How does the ATU manage to grow assets so consistently?
The ATU consistently generates a surplus, with revenues generally exceeding expenses. For example, in 2023, revenue was $10,060,466 and expenses were $8,113,808, leading to a surplus that contributes to the growth of its assets, which increased from $12.8 million in 2014 to $24.3 million in 2023.
Filing History
IRS 990 filing history for Amalgamated Transit Union showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Amalgamated Transit Union's revenue has grown by 15%, moving from $8.7M to $10.1M. Total assets increased by 14.9% over the same period, from $21.2M to $24.3M. Total functional expenses fell by 2.1%, from $8.3M to $8.1M. In its most recent filing year (2023), Amalgamated Transit Union reported a surplus of $1.9M, with revenue exceeding expenses. The organization holds $2.8M in liabilities against $24.3M in assets (debt-to-asset ratio: 11.7%), resulting in net assets of $21.5M.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. | |
|---|---|---|---|---|---|---|
| 2023 | $10.1M | $8.1M | $24.3M | $2.8M | — | View 990 |
| 2022 | $9.7M | $8.0M | $19.6M | $639K | — | View 990 |
| 2021 | $9.0M | $7.2M | $20.6M | $1.6M | — | — |
| 2020 | $7.9M | $7.5M | $17.3M | $628K | — | — |
| 2019 | $8.7M | $7.6M | $16.7M | $892K | — | View 990 |
| 2018 | $8.3M | $7.3M | $15.0M | $947K | — | View 990 |
| 2017 | $7.5M | $7.4M | $14.8M | $2.0M | — | View 990 |
| 2016 | $7.1M | $6.6M | $13.3M | $993K | — | View 990 |
| 2015 | $7.1M | $6.5M | $13.2M | $1.5M | — | View 990 |
| 2014 | $6.8M | $9.2M | $12.9M | $1.8M | — | View 990 |
| 2013 | $7.5M | $16.1M | $13.7M | $933K | — | View 990 |
| 2012 | $8.7M | $8.6M | $21.9M | $939K | — | View 990 |
| 2011 | $8.7M | $8.3M | $21.2M | $599K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $10.1M, expenses of $8.1M, and assets of $24.3M (revenue +3.4% year-over-year).
- 2022: Revenue of $9.7M, expenses of $8.0M, and assets of $19.6M (revenue +8.2% year-over-year).
- 2021: Revenue of $9.0M, expenses of $7.2M, and assets of $20.6M (revenue +13.7% year-over-year).
- 2020: Revenue of $7.9M, expenses of $7.5M, and assets of $17.3M (revenue -9.6% year-over-year).
- 2019: Revenue of $8.7M, expenses of $7.6M, and assets of $16.7M (revenue +5.5% year-over-year).
- 2018: Revenue of $8.3M, expenses of $7.3M, and assets of $15.0M (revenue +9.9% year-over-year).
- 2017: Revenue of $7.5M, expenses of $7.4M, and assets of $14.8M (revenue +6.3% year-over-year).
- 2016: Revenue of $7.1M, expenses of $6.6M, and assets of $13.3M (revenue +0.3% year-over-year).
- 2015: Revenue of $7.1M, expenses of $6.5M, and assets of $13.2M (revenue +4.7% year-over-year).
- 2014: Revenue of $6.8M, expenses of $9.2M, and assets of $12.9M (revenue -9.8% year-over-year).
- 2013: Revenue of $7.5M, expenses of $16.1M, and assets of $13.7M (revenue -13.9% year-over-year).
- 2012: Revenue of $8.7M, expenses of $8.6M, and assets of $21.9M (revenue -0.5% year-over-year).
- 2011: Revenue of $8.7M, expenses of $8.3M, and assets of $21.2M.
Data Sources and Methodology
This transparency report for Amalgamated Transit Union is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.