Civic Intelligence

Madison Teachers Incorporated

990 • Fiscal year 2016 • EIN 39-6060613

Jul 01, 2015 to Jun 30, 2016 • Filed on Feb 10, 2017

821 Williamson StreetMadison, WI 53703

(608) 257-0491

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

59th percentile

0.25x

Higher debt load relative to assets than 59% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

84th percentile

0.54x

Higher debt load relative to revenue than 84% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Net Margin

93rd percentile

26%

Higher net margin than 93% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

91st percentile

$311,865

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 13.6% of source-year revenue.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2016

Asset Growth

41st percentile

1.2%

Faster asset growth than 41% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Revenue Growth

50th percentile

3.1%

Faster revenue growth than 50% of similar nonprofits.

2016 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2015 to 2016

Assets

Up

$4,929,993

Up $59,988 (+1.2%) from 2015

Net Assets

Up

$3,688,691

Up $515,949 (+16%) from 2015

Liabilities

Down

$1,241,302

Down $455,961 (-27%) from 2015

Revenue

Up

$2,287,619

Up $69,623 (+3.1%) from 2015

Expenses

Down

$1,693,908

Down $142,183 (-7.7%) from 2015

Net Income

Up

$593,711

Up $211,806 (+55%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$6.0M$4.0M$2.0M$0Assets 2010: $2,880,815Liabilities 2010: $1,302,471Net Assets 2010: $1,578,3442010Assets 2011: $3,208,825Liabilities 2011: $1,440,956Net Assets 2011: $1,767,8692011Assets 2012: $3,389,953Liabilities 2012: $1,396,201Net Assets 2012: $1,993,7522012Assets 2013: $4,032,812Liabilities 2013: $1,584,737Net Assets 2013: $2,448,0752013Assets 2014: $4,492,613Liabilities 2014: $1,606,096Net Assets 2014: $2,886,5172014Assets 2015: $4,870,005Liabilities 2015: $1,697,263Net Assets 2015: $3,172,7422015Assets 2016: $4,929,993Liabilities 2016: $1,241,302Net Assets 2016: $3,688,6912016Assets 2017: $5,348,311Liabilities 2017: $1,265,008Net Assets 2017: $4,083,3032017Assets 2018: $5,684,523Liabilities 2018: $1,586,855Net Assets 2018: $4,097,6682018Assets 2019: $5,412,342Liabilities 2019: $1,376,252Net Assets 2019: $4,036,0902019Assets 2020: $5,322,462Liabilities 2020: $1,550,051Net Assets 2020: $3,772,4112020Assets 2021: $5,547,688Liabilities 2021: $1,838,580Net Assets 2021: $3,709,1082021Assets 2022: $5,061,255Liabilities 2022: $1,321,523Net Assets 2022: $3,739,7322022Assets 2023: $5,131,886Liabilities 2023: $1,261,947Net Assets 2023: $3,869,9392023Assets 2024: $5,231,024Liabilities 2024: $1,222,918Net Assets 2024: $4,008,1062024

Highlighted filing

2016

Assets$4,929,993
Liabilities$1,241,302
Net Assets$3,688,691

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$3.0M$2.0M$1.0M$0-$1.0MExpenses 2010: $2,200,8642010Expenses 2011: $2,553,5892011Expenses 2012: $2,430,5792012Revenue 2013: $2,443,182Expenses 2013: $2,022,209Net Income 2013: $420,9732013Revenue 2014: $2,439,089Expenses 2014: $2,051,016Net Income 2014: $388,0732014Revenue 2015: $2,217,996Expenses 2015: $1,836,091Net Income 2015: $381,9052015Revenue 2016: $2,287,619Expenses 2016: $1,693,908Net Income 2016: $593,7112016Revenue 2017: $1,566,947Expenses 2017: $1,868,090Net Income 2017: -$301,1432017Revenue 2018: $1,565,602Expenses 2018: $1,545,464Net Income 2018: $20,1382018Revenue 2019: $1,460,897Expenses 2019: $1,483,406Net Income 2019: -$22,5092019Revenue 2020: $1,525,592Expenses 2020: $1,873,316Net Income 2020: -$347,7242020Revenue 2021: $1,893,322Expenses 2021: $2,053,543Net Income 2021: -$160,2212021Revenue 2022: $1,591,815Expenses 2022: $1,534,165Net Income 2022: $57,6502022Revenue 2023: $1,463,905Expenses 2023: $1,350,253Net Income 2023: $113,6522023Revenue 2024: $1,502,261Expenses 2024: $1,268,113Net Income 2024: $234,1482024

Highlighted filing

2016

Revenue$2,287,619
Expenses$1,693,908
Net Income$593,711
Jump To
Filing Snapshot
Filing Period
Jul 1, 2015 to Jun 30, 2016
Signed
Feb 10, 2017
Return Version
2015v3.0
Gross Receipts
$2,292,871
Mission and Program Overview

Mission

Madison teachers incorporated (mti) is a labor union representing teachers, substitute teachers, educational assistants, clerical/technical employees, and school security assistants who are employed by the madison metropolitan school district. Mti was formed to promote the interests of education, the teaching profession, and the members of the collective bargaining units which are affiliates of the corporation; to strengthen the welfare status of the teachers and members of the collective bargaining units which are affiliates of this corporation and to enable such individuals to speak with a common voice on matters of interest to them; to promote a spirit of professional ethics; to create in the community a deeper sense of the worth and dignity of the teaching profession and all others who are represented by the corporation; to encourage teachers and all others who are represented by the corporation to exercise their responsibilities as citizens.

To promote the interests of education, the teaching profession, and the members of the collective bargaining units.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$260,813$3,614,050▲ $3,353,237
Cash and Non-Interest-Bearing Accounts$3,623,620$333,008▼ $3,290,612
Accounts Receivable$50,620$34,556▼ $16,064
Prepaid Expenses and Deferred Charges$13,189$9,222▼ $3,967
Other Notes and Loans Receivable, Net$0$8,008▲ $8,008
Land, Buildings, and Equipment, Net$7,699$2,447▼ $5,252
Total Assets$4,870,005$4,929,993▲ $59,988
Other Assets Total$914,064$928,702▲ $14,638
Liabilities
Other Liabilities$1,110,318$1,058,445▼ $51,873
Accounts Payable and Accrued Expenses$586,945$171,275▼ $415,670
Deferred Revenue$0$11,582▲ $11,582
Total Liabilities$1,697,263$1,241,302▼ $455,961
Net Assets / Fund Balance
Unrestricted Net Assets$3,160,791$3,659,961▲ $499,170
Temporarily Rstr Net Assets$11,951$28,730▲ $16,779
Total Net Assets Fund Balance$3,172,742$3,688,691▲ $515,949
Total Liabilities and Net Assets / Fund Balance$4,870,005$4,929,993▲ $59,988

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,447$92,643$95,090
Other Assets Org$173,008--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
John MatthewsEXECUTIVE DIRECTOR (Thru January)FT$204,305$107,560$311,865
Douglas KeillorExECUTIVE DIRECTOR (Beg February)FT$112,631$64,379$177,010
Eve DegenExecutive Assistant, Labor RelationsFT$101,874$63,000$164,874
Yvonne KnocheOffice ManagerFT$79,801$56,280$136,081

Board Members and Trustees

NameTitle
Andrew WaityBoard President
Kerry MotoviloffPresident-Elect
Karen ViethBoard VICE PRESIDENT
Art CamosyBoard VICE PRESIDENT (Thru May)
Cari HaugeBoard SECRETARY
Liz DonnellyBoard SecRETARY (Thru May)
Greg ValleeBoard TreASURER
Kira FobbsMEMBER-at-large
Lauren MikolmEMBER-at-large (Thru May)

Highest Paid Contractors

ContractorServicesLocationCompensation
Pines Bach LLPLegal Services122 W Washington Ave STE 900, Madison, WI 53703$292,247
Revenue and Support

Revenue Composition

Contributions and Grants
$5,425
Program Service Revenue
$2,151,362
Investment Income
$97,623
Other Revenue
$33,209
All Other Contributions
$5,425
Change in Net Assets
$593,711

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,287,619
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-82,294
Total Revenue per Audited Statements
$2,205,325
Total Revenue per Form 990
$2,287,619
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$1,169,871
Other Expenses$524,037
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees---$813,386
Fees for Services Legal---$257,240
Other Salaries and Wages---$153,093
Pension Plan Contributions---$94,312
Payroll Taxes---$67,937
Other Expenses---$52,008
Office Expenses---$50,981
Other Employee Benefits---$41,143
Fees for Services Other---$40,200
Occupancy---$28,800
Travel---$7,882
Fees for Services Accounting---$7,750
Conferences and Meetings---$7,295
Depreciation Depletion---$5,252
Total Functional Expenses$0$0$0$1,693,908

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,693,908
Total Expenses per Audited Statements$1,693,908
Total Expenses per Form 990$1,693,908
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Compensation$755,694
Funds Due to Other oRganizations$302,751
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

Classes of membership include active members and retired members. Active Members: Active membership in the corporation shall be open to all professional personnel employed by the Madison Metropolitan School District in the "Teacher" collective bargaining unit of Madison Teachers Incorporated, who agree to abide by the ethics of the education profession; and who are also members of the Wisconsin Education Association, Incorporated, and the National Education Association. Active members of the organization have the following rights: (1)The right to vote, to hold office, to serve on committees, to serve as Faculty Representatives, to officially represent, with its approval, the corporation. (2)Any member of the corporation who is not a member of the Representative Council may attend meetings of the Representative Council and may speak provided that such member is recognized by the chair. (3)Any active member who has a complaint or grievance concerning the performance of any committee or committee member, may submit it in writing to the chairperson of the committee. If the problem is not resolved it should be sent in writing, along with the committee chairperson's comments to the President who may take whatever action she/he deems necessary. (4)Such members may serve on any body of the union to which he/she is elected or appointed. Retired Members: Retired membership shall be available to former members of Madison Teachers Incorporated (MTI) who pay retired dues as set by the Council. Retired members shall be entitled to receive MTI publications, to attend social functions, and to receive such other rights and privileges as may be conferred by the Council.

Form 990, Part VI, Section A, line 7A

The Board of Directors consists of six officers elected annually by the members at-large and at-large members elected by the Madison Teachers Incorporated Faculty Representative Council. The latter consists of representatives elected by active members at each work site and is the policy-making body of the corporation.

Form 990, Part VI, Section A, line 7B

Active Members vote on ratification of the collective bargaining agreement and to establish the annual dues.

Form 990, Part VI, Section B, line 11

The board does not review Madison Teachers Incorporated's form 990, however, Management reviews the Form 990 before it is filed with the Internal Revenue Service.

Form 990, Part VI, Section B, line 12C

THE WRITTEN CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO NEW EMPLOYEES AND Madison Teachers Incorporated's BOARD MEMBERS. Officers, staff and board members are asked annually to disclose any relationships or actions which might result in, or create the appearance of a conflict of interest. Where there is a question of conflict of interest the matter shall be brought to the immediate attention of the Board of Directors to determine if a conflict exists. Any persons with a conflict shall be prohibited from participating in the governing body's deliberations and decisions regarding the transaction.

Form 990, Part VI, Section B, line 15

Madison Teachers Incorporated's Bylaws are adopted by Madison Teachers Incorporated's elected policy making body, the Faculty Representative Council. Article VII of the Bylaws creates the Cabinet on Personnel. It consists of the presidents of each of Madison Teachers Incorporated's bargaining units, the corporate treasurer and four individuals elected by the MTI Faculty Representative Council. The Cabinet on Personnel is charged with the development of the corporation's personnel policies, the employment of the Executive Director and the authority to negotiate contracts with staff or their agents. All contracts are subject to approval by the board of a majority of the bargaining units or the Joint Fiscal Group, a body consisting of elected representatives of all bargaining units.

Form 990, Part VI, Section C, line 19

While the organization does make its by-laws available to the public on its website, Madison Teachers Incorporated's Articles of Incorporation, conflict of interest policy and financial statements are not available to the public.

Filing and Contact Details

Filer

Filer Name
Madison Teachers Incorporated
EIN
39-6060613
Phone
6082570491
Address
821 Williamson Street, Madison, WI 53703

Signing Officer

Name
Greg Vallee
Title
Board Treasurer
Phone
6082570491
Signed
2017-02-10
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Douglas Keillor
Formed
1964
Legal Domicile
Wi
Voting Board Members
6
Independent Board Members
6
Employees
11
Volunteers
30

Preparer

Firm
Wipfli LLP
Address
PO Box 8700, Madison, WI 53708-8700
Preparer
Amanda VanNatta
Phone
6082741980
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

Change in Net Assets - MTI Building Corp. 4,532. Change in Cash Surrender Value 5,736.

Financial Statement Notes

Part X, Line 2:

Madison Teachers Incorporated (MTI) is required to assess whether it is more likely than not that a tax position will be sustained upon examination on the technical merits of the position assuming the taxing authority has full knowledge of all information. If the tax position does not meet the more likely than not recognition threshold, the benefit of that position is not recognized in the financial statements. MTI has determined there are no amounts to record as assets or liabilities related to uncertain tax positions.

Part XI, Line 2D - Other Adjustments:

Change in cash surrender value 5,736.

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IRS990/Form990PartVIISectionAGrp/PersonNm3Kerry Motoviloff
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IRS990/Form990PartVIISectionAGrp/PersonNm8Greg Vallee
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/TitleTxt0MEMBER-at-large
IRS990/Form990PartVIISectionAGrp/TitleTxt1mEMBER-at-large (Thru May)
IRS990/Form990PartVIISectionAGrp/TitleTxt2Board President
IRS990/Form990PartVIISectionAGrp/TitleTxt3President-Elect
IRS990/Form990PartVIISectionAGrp/TitleTxt4Board VICE PRESIDENT (Thru May)
IRS990/Form990PartVIISectionAGrp/TitleTxt5Board VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt6Board SecRETARY (Thru May)
IRS990/Form990PartVIISectionAGrp/TitleTxt7Board SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt8Board TreASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt9EXECUTIVE DIRECTOR (Thru January)
IRS990/Form990PartVIISectionAGrp/TitleTxt10ExECUTIVE DIRECTOR (Beg February)
IRS990/Form990PartVIISectionAGrp/TitleTxt11OFFICE MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt12Executive Assistant, Labor Relations
IRS990/Form990ProvidedToGvrnBodyInd00
IRS990/FormationYr01964
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedInd00
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt09600
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt06
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd00
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt014852
IRS990/GrossReceiptsAmt02292871
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InfoInScheduleOPartXIInd0X
IRS990/InvestmentIncomeGrp/ExclusionAmt088023
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt088023
IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt06
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt092643
IRS990/LandBldgEquipBasisNetGrp/BOYAmt07699
IRS990/LandBldgEquipBasisNetGrp/EOYAmt02447
IRS990/LandBldgEquipCostOrOtherBssAmt095090
IRS990/LegalDomicileStateCd0WI
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt05252
IRS990/LoanOutstandingInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt013000
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt013000
IRS990/MissionDesc0Madison Teachers Incorporated (MTI) is a labor union representing teachers, substitute teachers, educational assistants, clerical/technical employees, and school security assistants who are employed by the Madison Metropolitan School District. MTI was formed to promote the interests of education, the teaching profession and the members of the collective bargaining units which are affiliates of the corporation; to strengthen the welfare status of the teachers and members of the collective bargaining units which are affiliates of this corporation and to enable such individuals to speak with a common voice on matters of interest to them; to promote a spirit of professional ethics; to create in the community a deeper sense of the worth and dignity of the teaching profession and all others who are represented by the corporation; to encourage teachers and all others who are represented by the corporation to exercise their responsibilities as citizens.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt03172742
IRS990/NetAssetsOrFundBalancesEOYAmt03688691
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt09600
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt09600
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0-88030
IRS990/NondeductibleContributionsInd01
IRS990/NondeductibleContriDisclInd01
IRS990/OccupancyGrp/TotalAmt028800
IRS990/OfficeExpensesGrp/TotalAmt050981
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501cInd0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0914064
IRS990/OtherAssetsTotalGrp/EOYAmt0928702
IRS990/OtherChangesInNetAssetsAmt010268
IRS990/OtherEmployeeBenefitsGrp/TotalAmt041143
IRS990/OtherExpensesGrp/Desc0DUES PAID TO OTHER ORGs
IRS990/OtherExpensesGrp/Desc1COMMITTEES EXPENSE
IRS990/OtherExpensesGrp/TotalAmt066629
IRS990/OtherExpensesGrp/TotalAmt152008
IRS990/OtherLiabilitiesGrp/BOYAmt01110318
IRS990/OtherLiabilitiesGrp/EOYAmt01058445
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0Repayment of Advance
IRS990/OtherRevenueMiscGrp/Desc1Social Events
IRS990/OtherRevenueMiscGrp/ExclusionAmt017624
IRS990/OtherRevenueMiscGrp/ExclusionAmt12585
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt017624
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt12585
IRS990/OtherRevenueTotalAmt033209
IRS990/OtherSalariesAndWagesGrp/TotalAmt0153093
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt00
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt08008
IRS990/PartialLiquidationInd00
IRS990/PayrollTaxesGrp/TotalAmt067937
IRS990/PensionPlanContributionsGrp/TotalAmt094312
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt013189
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt09222
IRS990/PrincipalOfficerNm0Douglas Keillor
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0900099
IRS990/ProgramServiceRevenueGrp/BusinessCd1541100
IRS990/ProgramServiceRevenueGrp/Desc0Membership Dues
IRS990/ProgramServiceRevenueGrp/Desc1weac legal reimbursements
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01913268
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt1238094
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01913268
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1238094
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt02881
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt074706
IRS990/PYOtherExpensesAmt0441755
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt02140409
IRS990/PYRevenuesLessExpensesAmt0381905
IRS990/PYSalariesCompEmpBnftPaidAmt01394336
IRS990/PYTotalExpensesAmt01836091
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt02217996
IRS990/ReconcilationRevenueExpnssAmt0593711
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0260813
IRS990/SavingsAndTempCashInvstGrp/EOYAmt03614050
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AgreeCarryoverPriorYearInd00
IRS990ScheduleC/OnlyInHouseLobbyingInd01
IRS990ScheduleC/SubstantiallyAllDuesNondedInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt02447
IRS990ScheduleD/EquipmentGrp/DepreciationAmt092643
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt095090
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt01693908
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-88030
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt095040
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt1660654
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt2173008
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0Cash Surrender Value of Life Insurance
IRS990ScheduleD/OtherAssetsOrgGrp/Desc1Investment in Variable Annuity
IRS990ScheduleD/OtherAssetsOrgGrp/Desc2Due From MTI Building Corp.
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0302751
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt1755694
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Funds Due to Other oRganizations
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1Deferred Compensation
IRS990ScheduleD/OtherRevenueAmt05736
IRS990ScheduleD/RevenueNotReportedAmt0-82294
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt02287619
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Madison Teachers Incorporated (MTI) is required to assess whether it is more likely than not that a tax position will be sustained upon examination on the technical merits of the position assuming the taxing authority has full knowledge of all information. If the tax position does not meet the more likely than not recognition threshold, the benefit of that position is not recognized in the financial statements. MTI has determined there are no amounts to record as assets or liabilities related to uncertain tax positions.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Change in cash surrender value 5,736.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt02447
IRS990ScheduleD/TotalBookValueOtherAssetsAmt0928702
IRS990ScheduleD/TotalExpensesPerForm990Amt01693908
IRS990ScheduleD/TotalLiabilityAmt01058445
IRS990ScheduleD/TotalRevenuePerForm990Amt02287619
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt02205325
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01693908
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt0204305
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt1112631
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt2101874
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount016624
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt016624
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt053250
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt126819
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt225469
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt022560
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt136325
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt236191
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt015126
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt11235
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt21340
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0JOHN MATTHEWS
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1Douglas Keillor
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2Eve Degen
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0EXECUTIVE DIRECTOR (Thru January)
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1ExECUTIVE DIRECTOR (Beg February)
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2Executive Assistant, Labor Relations
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt0311865
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt1177010
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt2164874
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt20
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0The former executive director has elected to defer a portion of his compensation under Section 457(f) if the Internal Revenue Code. The deferred compensation is invested in an annuity. The fair value of the deferred compensation liability and the investment in the variable annuity was $660,654. Compensation expense was increased by $4,370 related to this agreement for the year ended June 30, 2016.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0Part I, Line 4b
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd01
IRS990/ScheduleORequiredInd01

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$5.23$1.22$4.01$1.50$1.27$0.23
2023Detailed filing. Detailed filing data is available for this year.$5.13$1.26$3.87$1.46$1.35$0.11
2022Detailed filing. Detailed filing data is available for this year.$5.06$1.32$3.74$1.59$1.53$0.06
2021Detailed filing. Detailed filing data is available for this year.$5.55$1.84$3.71$1.89$2.05$0.16
2020Detailed filing. Detailed filing data is available for this year.$5.32$1.55$3.77$1.53$1.87$0.35
2019Detailed filing. Detailed filing data is available for this year.$5.41$1.38$4.04$1.46$1.48$0.02
2018Detailed filing. Detailed filing data is available for this year.$5.68$1.59$4.10$1.57$1.55$0.02
2017Detailed filing. Detailed filing data is available for this year.$5.35$1.27$4.08$1.57$1.87$0.30
2016Detailed filing. Detailed filing data is available for this year.$4.93$1.24$3.69$2.29$1.69$0.59
2015Detailed filing. Detailed filing data is available for this year.$4.87$1.70$3.17$2.22$1.84$0.38
2014Detailed filing. Detailed filing data is available for this year.$4.49$1.61$2.89$2.44$2.05$0.39
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.03$1.58$2.45$2.44$2.02$0.42
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.39$1.40$1.99$2.43
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.21$1.44$1.77$2.55
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.88$1.30$1.58$2.20