The good news is that CTU isn't one of the several big-city union locals running a deficit, according to union watchdog EIA, and the third-biggest teachers union local in the nation's dues enrollment was down less than 2 percent (all figures are for 2010-2011).
The bad news is that CTU made only $4 million on its $26 million revenues from dues, compared to LAUSD's $18 million.
Five of eight of the largest union locals -- LA, NYC, Dade, Broward, and San Francisco -- had budget deficits, and half of the 36 largest locals saw their dues revenue decrease from the previous year.
Still, with dues of $1,031.88 per teacher and roughly $30 million in revenues from all sources, CTU has 93 employees it pays $8 million.
That leaves $22 million per year for everything else -- operations, outreach, and all the other stuff.
What do they do with all of that money, year after year -- and how big is their war chest? I have no idea.
Maybe they could give CPS a loan, buy some classroom air conditioners, or -- this would probably be really expensive -- make CPS teachers whole for the seven days of work they lost?