DOL Form Report (Disclosure) http://kcerds.dol-esa.gov/query/orgReport.do Return FORM LM-2 LABOR ORGANIZATION ANNUAL REPORT U.S. Department of Labor Form Approved Employment Standards Administration Office of Management and Budget Office of Labor-Management Standards MUST BE USED BY LABOR ORGANIZATIONS WITH $250,000 OR MORE IN TOTAL ANNUAL RECEIPTS AND No. 1245-0003 Washington, DC 20210 LABOR ORGANIZATIONS IN TRUSTEESHIP Expires: 10-31-2013 This report is manadatory under P.L. 86-257, as amended. Failure to comply may result in criminal prosecution, fines, or civil penalties as provided by 29 U.S.C. 439 or 440. READ THE INSTRUCTIONS CAREFULLY BEFORE PREPARING THIS REPORT. 2. PERIOD COVERED 3. (a) AMENDED - Is this an amended report: No 1. FILE NUMBER For Official Use Only From 07/01/2010 (b) HARDSHIP - Filed under the hardship procedures: No 000-012 Through 06/30/2011 (c) TERMINAL - This is a terminal report: No 4. AFFILIATION OR ORGANIZATION NAME 8. MAILING ADDRESS (Type or print in capital letters) TEACHERS AFL-CIO First Name Last Name 5. DESIGNATION (Local, Lodge, etc.) 6. DESIGNATION NBR ANTONIA CORTESE NATIONAL HEADQUARTERS P.O Box - Building and Room Number 7. UNIT NAME (if any) Number and Street 555 NEW JERSEY AVE NW City WASHINGTON 9. Are your organization's records kept at its mailing address? Yes State ZIP Code + 4 DC 20001 Each of the undersigned, duly authorized officers of the above labor organization, declares, under penalty of perjury and other applicable penalties o f law, that all o f the info rmatio n submitted in this repo rt (including information contained in any accompanying documents) has been examined by the signatory and is, to the best of the undersigned individual's knowledge and belief, true, correct and complete (See Sectio n V o n penalties in the instructio ns.) 26. SIGNED: Rhonda Weingarten PRESIDENT 27. SIGNED: Lorretta Johnson TREASURER Date: Sep 28, 2011 Contact Info: 202-897-4440 Date: Sep 28, 2011 Contact Info: 202-879-4415 Form LM-2 (Revised 2010) 1 of 407 10/19/2011 9:47 PM DOL Form Report (Disclosure) http://kcerds.dol-esa.gov/query/orgReport.do ITEMS 10 THROUGH 21 FILE NUMBER: 000-012 10. During the reporting period did the labor organization create or participate 20. How many members did the labor organization have at the end of the reporting 873,454 in the administration of a trust or a fund or organization, as defined in the Yes period? instructions, which provides benefits for members or beneficiaries? 21. What ar the labor organization's rates of dues and fees? 11(a). During the reporting period did the labor organization have a political Yes Rates of Dues and Fees action committee (PAC) fund? Dues/Fees Amount Unit Minimum Maximum 11(b). During the reporting period did the labor organization have a subsidiary Yes (a) Regular Dues/Fees $16.55 per month n/a n/a organization as defined in Section X of these Instructions? (b) Working Dues/Fees per 12. During the reporting period did the labor organization have an audit or (c) Initiation Fees per review of its books and records by an outside accountant or by a parent body Yes (d) Transfer Fees per auditor/representative? (e) Work Permits per 13. During the reporting period did the labor organization discover any loss or shortage of funds or other assets? (Answer "Yes" even if there has been No repayment or recovery.) 14. What is the maximum amount recoverable under the labor organization's fidelity bond for a loss caused by any officer, employee or agent of the labor $2,000,000 organization who handled union funds? 15. During the reporting period did the labor organization acquire or dispose Yes of any assets in a manner other than purchase or sale? 16. Were any of the labor organization's assets pledged as security or Yes encumbered in any way at the end of the reporting period? 17. Did the labor organization have any contingent liabilities at the end of the Yes reporting period? 18. During the reporting period did the labor organization have any changes in its constitution or bylaws, other than rates of dues and fees, or in Yes practices/procedures listed in the instructions? 19. What is the date of the labor organization's next regular election of 07/2012 officers? Form LM-2 (Revised 2010) 2 of 407 10/19/2011 9:47 PM DOL Form Report (Disclosure) http://kcerds.dol-esa.gov/query/orgReport.do STATEMENT A - ASSETS AND LIABILITIES FILE NUMBER: 000-012 Schedule Start of Reporting Period End of Reporting Period ASSETS Number (A) (B) 22. Cash $27,827,106 $4,829,293 23. Accounts Receivable 1 $23,059,311 $28,161,822 24. Loans Receivable 2 $2,531,510 $3,297,611 ASSETS 25. U.S. Treasury Securities $1,221,083 $342,272 26. Investments 5 $56,580,171 $52,919,449 27. Fixed Assets 6 $4,983,080 $4,316,957 28. Other Assets 7 -$818,736 -$757,543 29. TOTAL ASSETS $115,383,525 $93,109,861 Schedule Start of Reporting Period End of Reporting Period LIABILITIES Number (A) (B) 30. Accounts Payable 8 $36,457,226 $13,541,125 LIABILITIES 31. Loans Payable 9 $0 32. Mortgages Payable $0 $0 33. Other Liabilities 10 $36,457,225 $35,725,687 34. TOTAL LIABILITIES $72,914,451 $49,266,812 35. NET ASSETS $42,469,074 $43,843,049 Form LM-2 (Revised 2010) 3 of 407 10/19/2011 9:47 PM DOL Form Report (Disclosure) http://kcerds.dol-esa.gov/query/orgReport.do STATEMENT B - RECEIPTS AND DISBURSEMENTS FILE NUMBER: 000-012 CASH RECEIPTS SCH AMOUNT CASH DISBURSEMENTS SCH AMOUNT 36. Dues and Agency Fees $0 50. Representational Activities 15 $75,092,965 51. Political Activities and Lobbying 16 $31,148,624 37. Per Capita Tax $148,338,677 52. Contributions, Gifts, and Grants 17 $2,816,727 38. Fees, Fines, Assessments, Work Permits $975 53. General Overhead 18 $34,140,887 39. Sale of Supplies $82,776 54. Union Administration 19 $8,634,038 40. Interest $1,030,201 55. Benefits 20 $15,669,596 56. Per Capita Tax $13,901,728 41. Dividends $12,978 57. Strike Benefits $0 42. Rents $341,491 43. Sale of Investments and Fixed Assets 3 $15,281,900 58. Fees, Fines, Assessments, etc. $0 44. Loans Obtained 9 59. Supplies for Resale $0 45. Repayments of Loans Made 2 $44,280 60. Purchase of Investments and Fixed Assets 4 $16,640,592 46. On Behalf of Affiliates for Transmittal to Them $32,314,317 61. Loans Made 2 $19,290 47. From Members for Disbursement on Their Behalf $0 62. Repayment of Loans Obtained 9 48. Other Receipts 14 $14,028,425 63. To Affiliates of Funds Collected on Their Behalf $33,384,805 49. TOTAL RECEIPTS $211,476,020 64. On Behalf of Individual Members $986 65. Direct Taxes $3,019,488 66. Subtotal $234,469,726 67. Withholding Taxes and Payroll Deductions 67a. Total Withheld $13,281,912 67b. Less Total Disbursed $13,286,021 67c. Total Withheld But Not Disbursed -$4,109 68. TOTAL DISBURSEMENTS $234,473,835 Form LM-2 (Revised 2010) 4 of 407 10/19/2011 9:47 PM DOL Form Report (Disclosure) http://kcerds.dol-esa.gov/query/orgReport.do SCHEDULE 1 - ACCOUNTS RECEIVABLE AGING SCHEDULE FILE NUMBER: 000-012 Liquidated Total Account 90-180 Days 180+ Days Entity or Individual Name Account Receivable Past Due Past Due (A) Receivable (B) (C) (D) (E) WEBSTER PARISH F TS SCH $29,882 $18,676 $0 $0 AFT-WV MONONGALIA CO LO $21,830 $8,732 $0 $0 PATERSON EARLY CHILDHOO $9,883 $5,647 $0 $0 GREAT LAKES F OF INSTRU $13,834 $9,223 $0 $0 WEST VIRGINIA SCH SRV P $219,469 $109,734 $0 $0 Totals from all other accounts receivable $27,866,924 $0 $0 $0 TOTALS (Column (B) Total will be automatically entered in Item 23, Column (B)) $28,161,822 $152,012 $0 $0 Form LM-2 (Revised 2010) 5 of 407 10/19/2011 9:47 PM DOL Form Report (Disclosure) http://kcerds.dol-esa.gov/query/orgReport.do SCHEDULE 2 - LOANS RECEIVABLE FILE NUMBER: 000-012 List below loans to officers, employees, or members which at any time during the Loans Loans Made Cash Other Than Cash Loans reporting period exceeded $250 and list all loans to business enterprises regarless of Outstanding at During Period (D)(1) (D)(2) Outstanding at amount. Start of Period (C) End of Period (A) (B) (E) Name: AFT Maryland Purpose: Operating $536 $0 $0 $0 $536 Security: None Terms: monthly Name: Baltimore Ts. Union Purpose: Operating $147,301 $0 $0 $0 $147,301 Security: None Terms: Overdue Name: Bristol Fed. Ts. Purpose: Operating $3,500 $0 $0 $0 $3,500 Security: None Terms: Overdue Name: Corpus Christi Fed. Ts. Purpose: Operating $3,500 $0 $0 $0 $3,500 Security: None Terms: Overdue Name: Hartford Fed. Ts. Purpose: Operating $22,400 $0 $0 $0 $22,400 Security: None Terms: Overdue Name: Hawaii Fed. Ts. Purpose: Operating $119,000 $0 $0 $0 $119,000 Security: None Terms: Overdue Name: Indianapolis Fed. Ts. Purpose: Operating $3,115 $0 $0 $0 $3,115 Security: None Terms: Overdue Name: Kansas Assoc of Public Emp. Purpose: Operating $60,613 $0 $0 $0 $60,613 Security: None Terms: Overdue Name: Kansas City Fed. Ts. Purpose: Operating $48,300 $0 $0 $0 $48,300 Security: None Terms: Overdue Name: New Jersey State Fed. Ts Coll.