Mike Antonucci at Intercepts is performing a valuable public service as he drills down on the finances of each state’s NEA chapter. Yesterday he posted NJEA’s. Here’s a few highlights.
Total revenue: $126.5 million (90% came from teachers’ union dues), up a healthy $2.7 million from last year.
Contribution to Education Law Center: $550,000 (which explains a lot about the alignment of ELC’s agenda with NJEA’s).
Highest paid employee:Vincent Giordano, executive director, $521,871 base salary.
Total staff salaries and benefits: $63.9 million, which includes $1,000 per year for clothing.