Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: MEMBERSHIP DUES

  total $31,713,950 · related or exempt $31,713,950

• 2b · Program service revenue: INSURANCE PLAN FEES

  total $2,004 · related or exempt $2,004

• 3 · Investment income

  total $2,215,049 · excluded $2,215,049

• 7a · Gross sales of assets other than inventory

  securities $15,825,834

• 7b · Less cost or other basis and sales expenses

  securities $16,365,601

• 7c · Gain or loss

  securities -$539,767

• 7d · Net gain or loss

  total -$539,767 · excluded -$539,767

• 11a · Other revenue: ATTORNEY FEES RECEIVED

  total $695,670 · related or exempt $695,670

• 11b · Other revenue: GROUP INSURANCE PLAN FEES

  total $78,621 · unrelated business $78,621

• 11d · All other revenue

  total $2,582 · related or exempt $2,582

• 11e · Other revenue, total

  $776,873

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $37,300

• 5 · Compensation of officers, directors and key employees

  total $2,830,530

• 7 · Other salaries and wages

  total $21,528,690

• 8 · Pension plan contributions

  total $1,873,511

• 9 · Other employee benefits

  total $3,126,119

• 10 · Payroll taxes

  total $1,759,983

• 11b · Fees: legal

  total $453,648

• 11c · Fees: accounting

  total $84,000

• 11f · Fees: investment management

  total $288,118

• 11g · Fees: other

  total $523,536

• 12 · Advertising and promotion

  total $531,223

• 13 · Office expenses

  total $579,309

• 14 · Information technology

  total $708,772

• 16 · Occupancy

  total $3,046,796

• 17 · Travel

  total $1,291,866

• 19 · Conferences, conventions and meetings

  total $525,034

• 22 · Depreciation, depletion and amortization

  total $683,433

• 23 · Insurance

  total $281,647

• 24a · Other expenses: UBIT TAXES

  total $20,405

• 24b · Other expenses: PRINTING AND PUBLICATIO

  total $603,679

• 24c · Other expenses: EDUCATION & TRAINING

  total $279,839

• 24d · Other expenses: LEGISLATIVE CONFERENCES

  total $237,438

• 24e · All other expenses

  total $40,781

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $6,720,779 · end of year $3,563,098

• 4 · Accounts receivable

  beginning of year $2,897,624 · end of year $729,500

• 8 · Inventories for sale or use

  beginning of year $73,552 · end of year $70,307

• 9 · Prepaid expenses and deferred charges

  beginning of year $468,415 · end of year $703,206

• 10a · Land, buildings and equipment: cost or other basis

  $10,213,997

• 10b · Land, buildings and equipment: accumulated depreciation

  $3,694,649

• 10c · Land, buildings and equipment, net

  beginning of year $6,766,735 · end of year $6,519,348

• 11 · Investments: publicly traded securities

  beginning of year $37,689,833 · end of year $40,915,484

• 12 · Investments: other securities

  beginning of year $1,999,718 · end of year $2,222,641

• 15 · Other assets

  beginning of year $18,494,526 · end of year $16,628,681

• 17 · Accounts payable and accrued expenses

  beginning of year $4,987,499 · end of year $4,562,239

• 25 · Other liabilities

  beginning of year $29,124,129 · end of year $27,116,139

• 27 · Net assets without donor restrictions

  beginning of year $40,999,554 · end of year $39,673,887

The filer's explanations (Part III)

PART I, LINE 4B

MARK GRAY - $13,924 DOREEN GREENWALD - $16,058 TERRY SCOTT- $6,032 DANIEL KASPAR - $13,210 KENNETH MOFFETT - $13,567 JULIE WILSON - $12,937 SHEILA MCCORMICK - $12,255 KATHERINE SYBENGA - $12,853

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• NTEU MEMBER BENEFITS INC

  C · MAKE AVAILABLE TO MEMBERS LIFE · DC · 100% owned · controlled entity

  Directly controlled by NATIONAL TREASURY EMPLOYEES UNION