Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $75,000

• 2a · Program service revenue: MEMBERSHIP DUES

  total $7,278,352 · related or exempt $7,278,352

• 2b · Program service revenue: EXCHANGE CONTRACTS/GOV

  total $387,924 · related or exempt $387,924

• 2c · Program service revenue: CONVENTIONS

  total $310,476 · related or exempt $310,476

• 2d · Program service revenue: EDUCATION SEMINARS

  total $280,873 · related or exempt $280,873

• 3 · Investment income

  total $128,164 · excluded $128,164

• 5 · Royalties

  total $37,405 · excluded $37,405

• 6a · Gross rents

  real property $1,626

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $1,626

• 6d · Net rental income or loss

  total $1,626 · related or exempt $1,626

• 7a · Gross sales of assets other than inventory

  securities $33,728

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

  securities $0

• 7c · Gain or loss

  securities $33,728

• 7d · Net gain or loss

  total $33,728 · excluded $33,728

• 11a · Other revenue: ADVERTISING REVENUE

  total $49,751 · unrelated business $49,751

• 11b · Other revenue: OTHER

  total $1,250 · related or exempt $1,250

• 11e · Other revenue, total

  $51,001

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $9,906

• 5 · Compensation of officers, directors and key employees

  total $1,121,302

• 7 · Other salaries and wages

  total $1,467,933

• 8 · Pension plan contributions

  total $120,412

• 9 · Other employee benefits

  total $207,723

• 10 · Payroll taxes

  total $249,613

• 11b · Fees: legal

  total $226,633

• 11c · Fees: accounting

  total $25,265

• 11d · Fees: lobbying

  total $469,477

• 11f · Fees: investment management

  total $42,387

• 11g · Fees: other

  total $136,049

• 13 · Office expenses

  total $296,140

• 14 · Information technology

  total $353,075

• 16 · Occupancy

  total $291,801

• 17 · Travel

  total $320,592

• 19 · Conferences, conventions and meetings

  total $420,960

• 20 · Interest

  total $89,810

• 22 · Depreciation, depletion and amortization

  total $368,273

• 23 · Insurance

  total $49,094

• 24a · Other expenses: EDUCATION AND TRAINING

  total $33,283

• 24b · Other expenses: EQUIPMENT RENTAL

  total $10,281

• 24c · Other expenses: MISCELLANEOUS EXPENSE

  total $6,566

• 24d · Other expenses: TAXES

  total $1,326

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $830,041 · end of year $970,912

• 2 · Savings and temporary cash investments

  beginning of year $5,107,138 · end of year $583,204

• 3 · Pledges and grants receivable

  beginning of year $65,233 · end of year $55,901

• 4 · Accounts receivable

  beginning of year $36,931 · end of year $19,136

• 9 · Prepaid expenses and deferred charges

  beginning of year $68,775 · end of year $108,174

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

  $9,780,053

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

  $908,190

• 10c · Land, buildings and equipment, net

  beginning of year $9,254,802 · end of year $8,871,863

• 11 · Investments: publicly traded securities

  beginning of year $4,423,950 · end of year $9,374,993

• 15 · Other assets

  beginning of year $73,206 · end of year $98,038

• 17 · Accounts payable and accrued expenses

  beginning of year $624,239 · end of year $462,349

• 19 · Deferred revenue

  beginning of year $1,159,860 · end of year $1,190,087

• 23 · Secured mortgages and notes payable

  beginning of year $2,983,013 · end of year $1,861,002

• 25 · Other liabilities

  beginning of year $206,815 · end of year $209,303

• 27 · Net assets without donor restrictions

  beginning of year $14,886,149 · end of year $16,359,480

The filer's explanations (Part III)

PART I, LINE 1A

TRAVEL FOR SPOUSES/GUESTS WAS PROVIDED TO MAR OFFICERS & SENIOR STAFF TO ATTEND ANNUAL BUSINESS MEETINGS. THESE TRAVEL AMOUNTS WERE REPORTED ON THEIR FORM W-2S AND/OR 1099S. FIRST-CLASS OR CHARTER TRAVEL WAS PROVIDED FOR LEGAL UPDATES. UPGRADES WERE PROVIDED FOR TRAVELING COMPANIONS. TAX INDEMNIFICATION AND GROSS-UP PAYMENTS WERE PROVIDED TO GROSS UP TRAVEL REIMBURSEMENTS TO COVER TAXES OWED BY STAFF AND/OR OFFICERS. THE COUNTRY CLUB OF LANSING DUES WERE PAID BY THE ORGANIZATION ON BEHALF OF SENIOR STAFF FOR SOCIAL AND BUSINESS NETWORKING PURPOSES.