2024-05-08T11:07:37-05:00 2023-06-30 872525370 CITRIN COOPERMAN ADVISORS LLC 500 EXCHANGE STREET SUITE 9-100 PROVIDENCE RI 02903 990 2022-07-01 041591200 MASSACHUSETTS TEACHERS ASSOCIATION MASS 6178788309 2 HERITAGE DRIVE 8TH FLOOR QUINCY MA 02171 MIKE FADEL EXECUTIVE DIRECTOR - TREASURER 6178788309 2024-05-02 1 MIKE FADEL 999009999 0 AMBER BICHUN P01718349 4014214800 2024-05-02 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MIKE FADEL 2 HERITAGE DRIVE 8TH FLOOR QUINCY MA 02171 90396339 0 X WWW.MASSTEACHER.ORG X 1913 MA THE MASSACHUSETTS TEACHERS ASSOCIATION IS A MEMBER-DRIVEN ORGANIZATION, GOVERNED BY DEMOCRATIC PRINCIPLES, THAT ACCEPTS AND SUPPORTS THE INTERDEPENDENCE OF PROFESSIONALS AND UNIONISM. THE MTA PROMOTES THE USE OF ITS MEMBERS' COLLECTIVE POWERS TO ADVANCE THEIR PROFESSIONAL AND ECONOMIC INTERESTS. THE MTA IS COMMITTED TO HUMAN AND CIVIL RIGHTS AND ADVOCATES FOR QUALITY PUBLIC EDUCATION IN AN ENVIRONMENT IN WHICH LIFELONG LEARNING AND INNOVATION FLOURISH. 71 69 379 0 593851 232998 0 0 44757853 49490345 14960612 -60199 5262950 1039773 64981415 50469919 0 20000 0 0 35575485 30971066 0 0 0 18238927 28801521 53814412 59792587 11167003 -9322668 104765133 123243830 31041135 42815458 73723998 80428372 X THE MASSACHUSETTS TEACHERS ASSOCIATION IS A MEMBER-DRIVEN ORGANIZATION, GOVERNED BY DEMOCRATIC PRINCIPLES, THAT ACCEPTS AND SUPPORTS THE INTERDEPENDENCE OF PROFESSIONALS AND UNIONISM. THE MTA PROMOTES THE USE OF ITS MEMBERS' COLLECTIVE POWERS TO ADVANCE THEIR PROFESSIONAL AND ECONOMIC INTERESTS. THE MTA IS COMMITTED TO HUMAN AND CIVIL RIGHTS AND ADVOCATES FOR QUALITY PUBLIC EDUCATION IN AN ENVIRONMENT IN WHICH LIFELONG LEARNING AND INNOVATION FLOURISH. 0 0 ASSIST LOCAL ASSOCIATIONS IN PROTECTING MEMBERS' RIGHTS, INCLUDING BUT NOT LIMITED TO, CONTRACT INTERPRETATIONS AND ENFORCEMENT, DEPARTMENT OF LABOR FILINGS, ADVISING LOCAL LEADERS ON TRAINING, INTERNAL PROCEDURES AND COMMUNICATION. PLANNING, ADVISING AND PARTICIPATION WITH LOCALS ON GENERAL/INTERNAL MEMBERSHIP ORGANIZING OR MOBILIZING ACTIVITIES. ASSIST OVER 400 LOCAL ASSOCIATIONS IN THE COLLECTIVE BARGAINING PROCESS. OTHER PROGRAM EXPENSES INCLUDE THOSE SUPPORTING LOCAL ASSOCIATIONS AND MEMBERS, INCLUDING GOVERNMENTAL SERVICES, GRASSROOTS CAMPAIGNS, COMMUNICATIONS, GOVERNANCE AND ADMINISTRATION, EDUCATIONAL POLICY AND TRANING AND PROFESSIONAL LEARNING. 0 0 1 1 0 0 0 0 0 1 1 0 1 1 1 0 1 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 112 0 1 379 1 1 1 0 0 0 0 0 0 0 X 71 69 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 0 1 1 0 MA X ANN MAGUIRE CONTROLLER 6178788309 2 HERITAGE DRIVE 8TH FLOOR QUINCY MA 02171 ADAM SNODGRASS DIRECTOR 5.00 0.00 X 0 0 0 ALEXIZENDRIA LINK DIRECTOR 5.00 0.00 X 0 0 0 AM CECIL FUOTI DIRECTOR 5.00 0.00 X 0 0 0 AMANDA MONTERO DIRECTOR 5.00 0.00 X 0 0 0 AMY MORIN DIRECTOR 5.00 0.00 X 0 0 0 ANDREI JOSEPH DIRECTOR 5.00 0.00 X 0 0 0 ANDREW GORRY DIRECTOR 5.00 0.00 X 0 0 0 ANNETA ARGYRES DIRECTOR 5.00 0.00 X 0 0 0 BARRY DAVIS DIRECTOR 5.00 0.00 X 0 0 0 BENJAMIN EISEN DIRECTOR 5.00 0.00 X 0 0 0 BERNADETTE MURPHY DIRECTOR 5.00 0.00 X 0 0 0 BRIA HANSON DIRECTOR 5.00 0.00 X 0 0 0 BRIAN FITZGERALD DIRECTOR 5.00 0.00 X 0 0 0 CANDACE SHIVERS DIRECTOR 5.00 0.00 X 0 0 0 CEDRIC CUNNINGHAM DIRECTOR 5.00 0.00 X 0 0 0 CHERI ARMSTRONG DIRECTOR 5.00 0.00 X 0 0 0 CHERI CLUFF DIRECTOR 5.00 0.00 X 0 0 0 CHRISTEN HERLAND DIRECTOR 5.00 0.00 X 0 0 0 CHRISTINE MULRONEY DIRECTOR 5.00 0.00 X 0 0 0 CHRISTINE TURNER DIRECTOR 5.00 0.00 X 0 0 0 CHRISTOPHER SAULNIER DIRECTOR 5.00 0.00 X 0 0 0 CLIFFORD FONSH DIRECTOR 5.00 0.00 X 0 0 0 CYNTHIA ROY DIRECTOR 5.00 0.00 X 0 0 0 DEBORAH MCCARTHY VICE PRESIDENT 40.00 0.50 X X 57640 0 19656 DIANA MARCUS DIRECTOR 5.00 0.00 X 0 0 0 DONNA GRADY DIRECTOR 5.00 0.00 X 0 0 0 ELIZABETH PREVAL DIRECTOR 5.00 0.00 X 0 0 0 ERIC MAYNARD DIRECTOR 5.00 0.00 X 0 0 0 FRED HOPKINS DIRECTOR 5.00 0.00 X 0 0 0 GINGER ARMSTRONG DIRECTOR 5.00 0.00 X 0 0 0 HANNAH WEINSAFT DIRECTOR 5.00 0.00 X 0 0 0 JACQUELIN BISHOP DIRECTOR 5.00 0.00 X 0 0 0 JENNIFER SILVA DIRECTOR 5.00 0.00 X 0 0 0 JENNIPHER BURGESS DIRECTOR 5.00 0.00 X 0 0 0 JESSICA BOOTS DIRECTOR 5.00 0.00 X 0 0 0 JESSICA WENDER-SHUBOW DIRECTOR 5.00 0.00 X 0 0 0 JODY SHEEHAN DIRECTOR 5.00 0.00 X 0 0 0 JOHN BRACEY DIRECTOR 5.00 0.00 X 0 0 0 JOHN SULLIVAN DIRECTOR 5.00 0.00 X 0 0 0 JONATHAN WOLAN DIRECTOR 5.00 0.00 X 0 0 0 JOSEPH HEROSY DIRECTOR 5.00 0.00 X 0 0 0 JOSEPH NARDONI DIRECTOR 5.00 0.00 X 0 0 0 JOSEPH SPREMULLI DIRECTOR 5.00 0.00 X 0 0 0 JULIA NORMAN DIRECTOR 5.00 0.00 X 0 0 0 JUNE GUSTAFSON DIRECTOR 5.00 0.00 X 0 0 0 KAREN BALLWAY DIRECTOR 5.00 0.00 X 0 0 0 KATUSKA LECARO DIRECTOR 5.00 0.00 X 0 0 0 KEITH MICHON DIRECTOR 5.00 0.00 X 0 0 0 KELLY HENDERSON DIRECTOR 5.00 0.00 X 0 0 0 KIMBERLY AUGER DIRECTOR 5.00 0.00 X 0 0 0 KRISTEN MARTIN DIRECTOR 5.00 0.00 X 0 0 0 KRISTY DYER DIRECTOR 5.00 0.00 X 0 0 0 KYLE GEKOPI DIRECTOR 5.00 0.00 X 0 0 0 LAWRENCE O'BRIEN DIRECTOR 5.00 0.00 X 0 0 0 LUIS ROSERO DIRECTOR 5.00 0.00 X 0 0 0 MARY PAT DODGE DIRECTOR 5.00 0.00 X 0 0 0 MATTHEW BACH DIRECTOR 5.00 0.00 X 0 0 0 MAX PAGE PRESIDENT 40.00 0.50 X X 129575 0 52226 MICHAEL WHITTIER DIRECTOR 5.00 0.00 X 0 0 0 NAOMI AKAN DIRECTOR 5.00 0.00 X 0 0 0 NICOLE PREVOST DIRECTOR 5.00 0.50 X 0 0 0 NORA ACEVEDO DIRECTOR 5.00 0.00 X 0 0 0 ROBERT TRAVERS JR DIRECTOR 5.00 0.00 X 0 0 0 ROSA LOPEZ-WHITEHILL DIRECTOR 5.00 0.00 X 0 0 0 ROSEMARIE FREELAND DIRECTOR 5.00 0.00 X 0 0 0 SHELLY FRASER DIRECTOR 5.00 0.00 X 0 0 0 THOMAS ESTABROOK DIRECTOR 5.00 0.00 X 0 0 0 TINA MANSFIELD DIRECTOR 5.00 0.00 X 0 0 0 TRACY LITTLE-SASANECKI DIRECTOR 5.00 0.00 X 0 0 0 YAHAIRA RODRIGUEZ DIRECTOR 5.00 0.00 X 0 0 0 YAN YII DIRECTOR 5.00 0.00 X 0 0 0 BETH EVERS CFO (FROM 11/28/22) 40.00 0.50 X 17137 0 138 EILEEN ROSE CFO (UNTIL 9/15/22) 40.00 0.50 X 140558 0 29896 LISA GALLATIN ED-TREASURER (UNTIL 6/2/23) 40.00 0.00 X 219466 0 39834 MIKE FADEL ED-TREASURER (FROM 6/19/23) 40.00 0.50 X 192234 0 93133 JAMES SACKS DIRECTOR OF COMMUNICATIONS 40.00 0.00 X 207668 0 -303505 REBECCA YEE GENERAL COUNSEL 40.00 0.00 X 196215 0 11606 ASHLEY ADAMS STAFF COUNSEL 40.00 0.00 X 215200 0 -312050 KARI SLEDZIK REGIONAL ORGANIZER 40.00 0.00 X 193528 0 -126142 MARK HICKERNELL STAFF COUNSEL 40.00 0.00 X 195198 0 -88774 QUESIYAH ALI STAFF COUNSEL 40.00 0.00 X 185968 0 -173390 RICHARD MULLANE STAFF COUNSEL 40.00 0.00 X 190128 0 -443922 2140515 0 -1201294 124 0 1 0 DS OCONNOR & ASSOCIATES 639 GRANITE STREET BRAINTREE MA 02184 LEGAL 982559 SANDULLI GRACE PC 44 SCHOOL STREET SUITE 1100 BOSTON MA 02108 LEGAL 624415 WINNING CONNECTIONS 317 PENNSYLVANIA AVE SE WASHINGTON DC 20003 CANVASSING/PHONE BANKING 373484 BARCLAY DAMON 160 FEDERAL STREET BOSTON MA 02110 LEGAL 312441 SEGAL ROITMAN LLP 33 HARRISON AVENUE 7TH FLOOR BOSTON MA 02111 LEGAL 192240 6 MEMBERSHIP DUES 900099 45287760 45287760 NEA UNISERVE 541900 2856920 2856920 NEA LEGAL 541900 1345665 1345665 49490345 1556045 1556045 51097 51097 38310176 39926420 -1616244 -1616244 -1616244 NEA PROJECT FUNDS 900099 363084 363084 COMMISSIONS 541900 221614 221614 PRINTING SERVICES 323100 114026 114026 289952 82838 207114 988676 50469919 49936267 593851 -60199 20000 1449046 21625692 1614996 4422584 1858748 2316461 108241 226564 2061604 217976 1201644 1628826 606335 2238814 1039401 159401 UNRELATED BUSINESS TAXE 29506 PUBLIC RELATIONS 14650370 LOCAL OFFICE SUPPORT 1773157 DUES & SUBSCRIPTIONS 362468 180753 59792587 15952691 8798218 4337847 7754214 1058727 1234395 7408359 5899528 2242334 1508831 77435636 63615272 3737898 12314161 0 28018739 104765133 123243830 7618747 6360194 551712 583619 137486 22733190 35871645 31041135 42815458 X 73723998 80428372 73723998 80428372 104765133 123243830 X -9322668 4694793 11332249 X 0 1 X 1 0 159192 0 0 159192 159192 1 MTA INDEPENDENT EXPENDITURE PAC 2 HERITAGE DRIVE 8TH FLOOR QUINCY MA 02171 464820113 0 671729 COMMONWEALTH FOR ALL IE PAC PO BOX 9536 LOWELL MA 01853 882363117 150000 1 0 0 PART I-A, LINE 1: DURING THE YEAR THE ASSOCIATION INCURRED INDIRECT EXPENSES RELATING TO OVERHEAD AND OTHER ADMINISTRATIVE COSTS ASSOCIATED WITH ITS RELATED ORGANIZATION MTA IE PAC, SUCH AS ACCOUNTING AND OFFICE EXPENSES. THE ASSOCIATION WAS NOT ABLE TO QUANTIFY THESE INDIRECT EXPENSES AND HAS THEREFORE NOT INCLUDED AN AMOUNT ON LINE 2 PERTAINING TO THEM. DIRECT POLITICAL CAMPAIGN ACTIVITIES INCLUDED CONTRIBUTIONS MADE TO AN UNRELATED PAC AND INDIVIDUAL ELECTION CAMPAIGN COMMITTEES. 4919875 3722110 1197765 1633212 1573983 59229 855272 603435 251837 1508831 3948003 F PARTNERSHIP AND OTHER ALTERNATIVE INVESTMENTS 8366158 F 12314161 OPERATING LEASE RIGHT-OF-USE ASSETS NET 17018082 PENSION ASSETS 9937626 FINANCING LEASE RIGHT-OF-USE ASSETS NET 1063031 28018739 ACCRUED VACATION 5813796 ACCRUED POST RETIREMENT MEDICAL BENEFITS 10121940 INTERCOMPANY ACCOUNTS PAYABLE 1027850 FINANCING LEASE LIABILITIES 1087176 OPERATING LEASE LIABILITIES 17820883 35871645 X PART X, LINE 2: MTA AND AFFILIATES ACCOUNT FOR UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH FASB ASC TOPIC INCOME TAXES. FASB ASC TOPIC INCOME TAXES PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT PROCESS FOR FINANCIAL STATEMENT RECOGNITION OF UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE TOPIC ALSO PROVIDES GUIDANCE ON RECOGNITION, DERECOGNITION, CLASSIFICATION, INTEREST AND PENALTIES, ACCOUNTING IN INTERIM PERIODS, DISCLOSURE AND TRANSITION. AT JUNE 30, 2023, MANAGEMENT OF MTA AND AFFILIATES ARE NOT AWARE OF ANY UNCERTAIN TAX POSITIONS TAKEN BY THE ORGANIZATION. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 2198171 0 0 0 0 0 0 2198171 0 2198171 1 0 1 0 1 0 PART I, LINE 3: THE AMOUNT REPORTED IN PART I REPRESENTS THE FAIR MARKET VALUE OF INVESTMENTS HELD IN THE REGION AS OF THE END OF THE TAX YEAR. PART III ACCOUNTING METHOD: 1 MASSACHUSETTS CHILD INC 2 HERITAGE DRIVE 8TH FLOOR QUINCY MA 02171 141859485 501(C)(3) 20000 0 GENERAL SUPPORT 1 0 PART I, LINE 2: THE ASSOCIATION ONLY MAKES GRANTS TO ITS RELATED ORGANIZATIONS. THE CLOSE CONNECTION BETWEEN THE ORGANIZATIONS SERVES TO MONITOR THE USE OF THE FUNDS. X 1 1 X X X 0 0 0 MIKE FADEL ED-TREASURER (FROM 6/19/23) 188121 0 0 0 4113 0 81696 0 11437 0 285367 0 0 0 LISA GALLATIN ED-TREASURER (UNTIL 6/2/23) 210474 0 0 0 8992 0 8993 0 30841 0 259300 0 0 0 REBECCA YEE GENERAL COUNSEL 195257 0 0 0 958 0 169 0 11437 0 207821 0 0 0 MAX PAGE PRESIDENT 97439 0 0 0 32136 0 16688 0 35538 0 181801 0 0 0 EILEEN ROSE CFO (UNTIL 9/15/22) 137940 0 0 0 2618 0 6262 0 23634 0 170454 0 0 0 JAMES SACKS DIRECTOR OF COMMUNICATIONS 203148 0 0 0 4520 0 -339043 0 35538 0 -95837 0 0 0 PART I, LINE 1A MAX PAGE, PRESIDENT, RECEIVES A HOUSING ALLOWANCE WHICH IS TREATED AS A TAXABLE BENEFIT TO HIM. FORM 990, PART VI, SECTION A, LINE 6 THE ASSOCIATION HAS TWO MEMBERSHIP CLASSES WHICH ARE ELIGIBLE TO PARTICIPATE IN GOVERNANCE MATTERS - AFFILIATE MEMBERSHIP AND INDIVIDUAL MEMBERSHIP - ACTIVE. AFFILIATE MEMBERSHIP IS AVAILABLE TO ANY PROFESSIONAL AND/OR EDUCATIONAL ORGANIZATION IN MASSACHUSETTS THAT: 1. IS ORGANIZED WITH BYLAWS, 2. HAS OFFICERS, DUES, REGULAR MEETINGS, 3. COMPLIES WITH THESE BYLAWS; AND 4. EXCEPT IN THE CASE OF EDUCATION SUPPORT PROFESSIONALS, HAS THE APPROVAL OF THE LOCAL AFFILIATE, PROVIDED HOWEVER, THAT THE LOCAL HAS OFFERED MEMBERSHIP TO THAT UNIT. INDIVIDUAL MEMBERSHIP - ACTIVE IS AVAILABLE TO: 1. PERSONS WHO ARE: A. EMPLOYED IN WORK OF A PROFESSIONAL NATURE IN THE FIELD OF EDUCATION, INCLUDING EMPLOYMENT IN PUBLIC SCHOOLS, IN PUBLIC CHARTER SCHOOLS, IN INSTITUTIONS OF PUBLIC HIGHER EDUCATION, AND BY PUBLIC AND PRIVATE EMPLOYERS PROVIDING EARLY CHILDHOOD EDUCATION. (I) WHO, AS NEW APPLICANTS FOR MEMBERSHIP AFTER AUGUST 31, 1965, HOLD A BACCALAUREATE DEGREE OR HIGHER; AND WHO HOLD A CERTIFICATE, OR ARE ELIGIBLE TO HOLD SAME, FROM A PROPER CERTIFYING AUTHORITY WHERE SUCH IS REQUIRED, OR (II) WHO ARE APPROPRIATELY LICENSED, OR (III) WHO ARE QUALIFIED AND APPROVED AS TEACHERS BY THE DIVISION OF OCCUPATIONAL EDUCATION IN THE DEPARTMENT OF ELEMENTARY AND SECONDARY EDUCATION, OR (IV) WHO ARE SCHOOL NURSES. B. EDUCATIONAL SUPPORT EMPLOYEES EMPLOYED IN PUBLIC SCHOOLS, IN PUBLIC CHARTER SCHOOLS, IN INSTITUTIONS OF PUBLIC HIGHER EDUCATION, AND BY PUBLIC AND PRIVATE EMPLOYERS PROVIDING EARLY CHILDHOOD EDUCATION. 2. MEMBERS WHO HAVE BEEN GRANTED A LEAVE OF ABSENCE BY THEIR EMPLOYER. SUCH MEMBER SHALL BE CONSIDERED TO BE EMPLOYED BY THE EMPLOYER THAT GRANTED SAID LEAVE. 3. MEMBERS LAID OFF DUE TO A REDUCTION IN FORCE AND MEMBERS WHO ARE ON AN UNPAID LEAVE OF ABSENCE DUE TO A WAIVER SIGNED IN CONNECTION WITH REDUCTION IN FORCE. ELIGIBILITY SHALL CONTINUE FOR AS LONG AS SUCH PERSONS ARE ELIGIBLE TO BE RECALLED OR FOR THREE (3) YEARS, WHICHEVER IS LONGER. DURING THIS PERIOD, SAID MEMBER SHALL BE CONSIDERED TO BE EMPLOYED BY THE EMPLOYER FROM WHICH HE/SHE WAS LAID OFF OR IS ON AN UNPAID LEAVE OF ABSENCE IN CONNECTION WITH REDUCTION IN FORCE. 4. IN THE EVENT THAT A UNIT DETERMINATION DECISION RESULTS IN THE CREATION OF A COLLECTIVE BARGAINING UNIT, SOME OF WHOM ARE ELIGIBLE FOR ACTIVE MEMBERSHIP AND OTHERS OF WHOM ARE NOT, THE LATTER GROUP SHALL BE ELIGIBLE FOR ACTIVE MEMBERSHIP. 5. MEMBERS WHO ARE INVOLUNTARILY TERMINATED AND WHO ARE LITIGATING THE TERMINATION UNDER THE MTA LEGAL SERVICES POLICY. FORM 990, PART VI, SECTION A, LINE 7A DELEGATES ARE DETERMINED BASED ON MEMBERSHIP CLASS AND OTHER FACTORS AS LISTED BELOW. THE DELEGATES ELECT THE OFFICERS AND DIRECTORS OF THE ASSOCIATION. DELEGATE ALLOCATION: 1. EACH LOCAL AFFILIATE AND THE STATEWIDE RETIRED ELECTORAL DISTRICT SHALL BE ENTITLED TO TWO DELEGATES AND ONE ADDITIONAL DELEGATE FOR EVERY FIFTY MEMBERS OVER FIFTY, OR MAJOR FRACTION THEREOF. 2. EACH REGION AND THE STATEWIDE RETIRED ELECTORAL DISTRICT SHALL BE ENTITLED TO ETHNIC MINORITY REPRESENTATION OF DELEGATES EQUAL TO THE NUMBER OF DISTRICT DIRECTORS FROM THAT REGION. NO MORE THAN ONE DELEGATE FROM EACH DISTRICT WITHIN A REGION SHALL BE ELECTED TO FULFILL THIS ALLOCATION. 3. EACH STATE AND COUNTY AFFILIATE SHALL BE ENTITLED TO TWO DELEGATES, PROVIDED THAT SUCH AFFILIATES REQUIRE MTA MEMBERSHIP WHERE SUCH MEMBERSHIP IS AVAILABLE. 4. MEMBERS OF THE BOARD OF DIRECTORS SHALL BE DELEGATES. 5. THE ELECTORAL REVIEW COMMITTEE SHALL DETERMINE THE DELEGATE ALLOCATION FOR LOCALS AFFILIATED AFTER THE MEMBERSHIP CUT-OFF DATE. 6. EACH AFFILIATED CHAPTER THE STUDENT EDUCATION ASSOCIATION OF MASSACHUSETTS (SEAM) SHALL BE ENTITLED TO TWO DELEGATES. FORM 990, PART VI, SECTION A, LINE 7B THE DELEGATES HAVE THE FOLLOWING ADDITIONAL GOVERNANCE POWERS: 1. ADOPT THE ANNUAL BUDGET OF THE ASSOCIATION 2. ESTABLISH THE LEVEL OF ANNUAL DUES. 3. AMEND THE BYLAWS OF THE ASSOCIATION. 4. ACT ON NEW BUSINESS ITEMS BROUGHT BEFORE IT. 5. ENACT ALL OTHER SUCH MEASURES AS MAY BE NECESSARY TO ACHIEVE THE GOALS AND OBJECTIVES OF THE ASSOCIATION WHICH ARE NOT IN CONFLICT WITH THE BYLAWS. 6. EXERCISE FINAL AUTHORITY IN ALL MATTERS OF THE ASSOCIATION, EXCEPT AS OTHERWISE PROVIDED IN THE BYLAWS OR BY STATUTE. FORM 990, PART VI, SECTION B, LINE 11B MANAGEMENT DOES THE INITIAL REVIEW OF THE FORM 990. A COPY OF FORM 990 IS PROVIDED TO EACH BOARD MEMBER ALLOWING THEM AN OPPORTUNITY TO ADDRESS ANY QUESTIONS REGARDING THE RETURN. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY COVERS THE FOLLOWING INDIVIDUALS: MTA EXECUTIVE OFFICERS, MEMBERS OF THE MTA EXECUTIVE COMMITTEE, MEMBERS OF THE MTA BOARD OF DIRECTORS, MEMBERS OF AN MTA COMMITTEE, AND ANY OTHER PERSONS DESIGNATED BY MTA GOVERNANCE TO REPRESENT MTA. UNDER THE POLICY, NO MTA OFFICIAL SHALL, DIRECTLY OR INDIRECTLY, HAVE ANY INTEREST OR RELATIONSHIP, TAKE ANY ACTION OR ENGAGE IN ANY TRANSACTION, OR INCUR ANY OBLIGATION WHICH IS IN CONFLICT WITH, OR GIVES THE APPEARANCE OF A CONFLICT WITH, THE PROPER AND FAITHFUL PERFORMANCE OF HIS OR HER MTA RESPONSIBILITIES. THE MTA VICE PRESIDENT SHALL SERVE AS THE CONFLICT OF INTEREST OFFICER ("CI OFFICER"), AND SHALL IN THAT CAPACITY BE RESPONSIBLE FOR THE IMPLEMENTATION OF THE CI POLICY. THE CI OFFICER SHALL MONITOR THE IMPLEMENTATION OF THE CI POLICY, AND MAKE PERIODIC REPORTS REGARDING ITS IMPLEMENTATION TO THE MTA EXECUTIVE COMMITTEE. THE MTA EXECUTIVE COMMITTEE SHALL RECOMMEND TO THE MTA BOARD OF DIRECTORS SUCH MODIFICATIONS IN THE POLICY AS IT MAY FROM TIME TO TIME DEEM APPROPRIATE. IF AN MTA OFFICIAL BELIEVES THAT HE OR SHE MAY BE ENGAGED OR ABOUT TO BECOME ENGAGED IN AN ACTIVITY THAT IS PROHIBITED BY THE CI POLICY, HE OR SHE SHALL CONSULT WITH THE CI OFFICER. THE MTA OFFICIAL AND THE CI OFFICER SHALL ATTEMPT TO DEAL WITH THE MATTER INFORMALLY. IF THEY ARE UNABLE TO DO SO, THE CI OFFICER SHALL SUBMIT TO THE MTA OFFICIAL A WRITTEN OPINION INDICATING WHETHER THE ACTIVITY IN QUESTION IS PROHIBITED BY THE CI POLICY, AND, IF SO, WHAT SHOULD BE DONE TO CORRECT THE SITUATION. IF THE MTA OFFICIAL DISAGREES, IN WHOLE OR IN PART, WITH THE CONCLUSIONS OF THE CI OFFICER, HE OR SHE MAY APPEAL TO THE MTA EXECUTIVE COMMITTEE BY FILING A WRITTEN NOTICE OF APPEAL WITH THE MTA PRESIDENT WITHIN TEN (10) CALENDAR DAYS AFTER RECEIVING THE OPINION OF THE CI OFFICER. THE MTA EXECUTIVE COMMITTEE SHALL DECIDE THE APPEAL AS EXPEDITIOUSLY AS POSSIBLE, AND THE DECISION OF THE MTA EXECUTIVE COMMITTEE SHALL BE FINAL AND BINDING. THE MTA OFFICIAL SHALL COMPLY WITH THE OPINION OF THE CI OFFICER PENDING THE OUTCOME OF THE APPEAL. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING THE COMPENSATION OF THE ORGANIZATION'S EXECUTIVE DIRECTOR-TREASURER IS AS FOLLOWS: THE COMMITTEE TO EVALUATE THE EXECUTIVE DIRECTOR-TREASURER (CEED) IS ELECTED AT THE JUNE MEETING OF THE BOARD OF DIRECTORS AND IS RESPONSIBLE FOR WORKING WITH THE EXECUTIVE DIRECTOR-TREASURER TO SET GOALS AND EVALUATE PERFORMANCE. IN A YEAR WHEN THE EXECUTIVE DIRECTOR-TREASURER'S CONTRACT IS UNDER CONSIDERATION FOR RENEWAL, CEED PRESENTS TO THE BOARD NEGOTIATING TEAM COPIES OF THE PREVIOUS TWO YEAR'S EVALUATIONS AND A PRELIMINARY REPORT ON THE CURRENT YEAR'S EVALUATION PROCESS. WITH RESPECT TO THE CURRENT EXECUTIVE DIRECTOR-TREASURER, THE BOARD NEGOTIATING TEAM MADE A RECOMMENDATION REGARDING COMPENSATION FOR A ONE- YEAR CONTRACT BASED ON A COMPARISON OF SALARIES WITHIN THE ORGANIZATION. THE RECOMMENDATION WAS THEN VOTED ON BY THE BOARD OF DIRECTORS. THE PROCESS FOR DETERMINING THE COMPENSATION OF THE ORGANIZATION'S OTHER OFFICERS AND KEY EMPLOYEES IS AS FOLLOWS: AN AD HOC COMMITTEE OF FIVE MEMBERS ELECTED BY THE BOARD OF DIRECTORS IS RESPONSIBLE FOR DETERMINING THE COMPENSATION FOR THE PRESIDENT AND VICE PRESIDENT. COMPENSATION FOR THOSE POSITIONS IS BASED ON THE MASSACHUSETTS AVERAGE SALARY OF CLASSROOM TEACHERS IN THE PUBLIC ELEMENTARY AND SECONDARY SCHOOLS AND IS REVIEWED EVERY THREE YEARS. MANAGEMENT PERFORMANCE EVALUATIONS OF THE CFO AND GENERAL COUNSEL ARE COMPLETED BY THE EXECUTIVE DIRECTOR-TREASURER AND PRESENTED TO THE EXECUTIVE COMMITTEE ON AN ANNUAL BASIS. THE EVALUATIONS INCLUDE TWO COMPONENTS: PERFORMANCE EVALUATIONS AND INTENDED SALARY INCREASES. FORM 990, PART VI, SECTION C, LINE 19 COPIES ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: PENSION ADJUSTMENT 9,500,306. CURRENT YEAR SUBSIDIARY OPERATING INCOME 210,105. POST RETIREMENT HEALTH ADJUSTMENT 1,621,838. MASSACHUSETTS EDUCATION ASSOCIATION 2 HERITAGE DRIVE 8TH FLOOR QUINCY MA 02171 PROVIDE EMERGENCY LOANS TO MTA MEMBERS AND LOCAL ASSOCIATIONS MA 69 143711 MASSACHUSETTS TEACHER ASSOCIATION MASSACHUSETTS CHILD INC 2 HERITAGE DRIVE 8TH FLOOR QUINCY MA 02171 043368761 TO PROVIDE SUPPORT FOR STUDENTS OF MTA MEMBERS IN TIMES OF HARDSHIP MA 501(C)(3) LINE 7 MASSACHUSETTS TEACHERS ASSOCIATION 1 MASSACHUSETTS TEACHERS ASSOCIATION INDEPENDENT EXPENDITURE PAC 2 HERITAGE DRIVE 8TH FLOOR QUINCY MA 02171 464820113 TO SUPPORT THE ELECTION OF PRO-PUBLIC EDUCATION CANDIDATES MA 527 MASSACHUSETTS TEACHERS ASSOCIATION 1 MASSACHUSETTS TEACHERS ASSOCIATION BENEFITS INC 2 HERITAGE DRIVE 8TH FLOOR QUINCY MA 02171 042455608 TO PROVIDE INSURANCE AND BENEFITS FOR MTA MEMBERS MA MASSACHUSETTS TEACHERS ASSOCIATION C 1908531 5576342 1.00000 1 MTA INSURANCE AGENCY INC 2 HERITAGE DRIVE 8TH FLOOR QUINCY MA 02171 043338004 INSURANCE SERVICES MA MASSACHUSETTS TEACHERS ASSOCIATION BENEFITS INC C 1.00000 1 1 1 0 0 0 1 0 0 0 1 0 1 1 1 1 0 1 1 0 MASSACHUSETTS TEACHERS ASSOCIATION BENEFITS INC A 71097 BOOK MASSACHUSETTS TEACHERS ASSOCIATION BENEFITS INC F 150000 BOOK MASSACHUSETTS TEACHERS ASSOCIATION BENEFITS INC L 70000 BOOK MASSACHUSETTS TEACHERS ASSOCIATION BENEFITS INC M 79000 BOOK MASSACHUSETTS TEACHERS ASSOCIATION INDEPENDENT EXPENDITURE PAC R 671729 BOOK