Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $6,818,557

• 1f · All other contributions, gifts and grants

  $441,161

• 2a · Program service revenue: PER CAPITA TAX

  total $65,984,586 · related or exempt $65,984,586

• 2b · Program service revenue: CONFERENCE AND MEETING REVENUE

  total $6,716,495 · related or exempt $6,716,495

• 2c · Program service revenue: ADVERTISING INCOME

  total $678,464 · unrelated business $678,464

• 2d · Program service revenue: INITIATION, REINSTATEMENT, CHARTE

  total $287,931 · related or exempt $287,931

• 2e · Program service revenue: REIMBURSED LEGAL EXPENSES

  total $77,502 · related or exempt $77,502

• 2f · All other program service revenue

  total $1,735,085 · related or exempt $1,735,085

• 3 · Investment income

  total $804,456 · excluded $804,456

• 5 · Royalties

  total $582,030 · excluded $582,030

• 6a · Gross rents

  real property $237,114

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $237,114

• 6d · Net rental income or loss

  total $237,114 · unrelated business $237,114

• 7a · Gross sales of assets other than inventory

  securities $12,140,735

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

  securities $12,041,372

• 7c · Gain or loss

  securities $99,363

• 7d · Net gain or loss

  total $99,363 · excluded $99,363

• 10a · Gross sales of inventory

  $26,446

• 10b · Cost of goods sold

  $422,196

• 10c · Net income from sales of inventory

  total -$395,750 · related or exempt -$395,750

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $110,756

• 2 · Grants to domestic individuals

  total $88,204

• 5 · Compensation of officers, directors and key employees

  total $12,320,523

• 7 · Other salaries and wages

  total $13,513,100

• 8 · Pension plan contributions

  total $1,144,374

• 9 · Other employee benefits

  total $6,224,469

• 10 · Payroll taxes

  total $1,574,227

• 11b · Fees: legal

  total $3,616,066

• 11c · Fees: accounting

  total $232,063

• 11g · Fees: other

  total $10,372,434

• 12 · Advertising and promotion

  total $508,927

• 13 · Office expenses

  total $2,044,063

• 14 · Information technology

  total $2,618,380

• 16 · Occupancy

  total $2,594,015

• 17 · Travel

  total $3,066,290

• 19 · Conferences, conventions and meetings

  total $7,542,605

• 20 · Interest

  total $5,528

• 21 · Payments to affiliates

  total $4,046,581

• 22 · Depreciation, depletion and amortization

  total $331,691

• 23 · Insurance

  total $429,294

• 24a · Other expenses: POLITICAL CONTRIBUTIONS

  total $2,901,280

• 24b · Other expenses: MISCELLANEOUS

  total $548,549

• 24c · Other expenses: JOURNAL AND PUBLICATION

  total $291,856

• 24d · Other expenses: FRINGE POOL

  total $284,180

• 24e · All other expenses

  total $422,696

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $23,679,265 · end of year $23,825,565

• 4 · Accounts receivable

  beginning of year $465,921 · end of year $616,784

• 7 · Other notes and loans receivable

  beginning of year $287,321 · end of year $267,934

• 8 · Inventories for sale or use

  beginning of year $34,015 · end of year $29,352

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

  $4,136,961

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

  $3,422,367

• 10c · Land, buildings and equipment, net

  beginning of year $824,633 · end of year $714,594

• 11 · Investments: publicly traded securities

  beginning of year $4,229,559 · end of year $5,926,378

• 12 · Investments: other securities

  beginning of year $14,974,536 · end of year $20,665,671

• 15 · Other assets

  beginning of year $3,294,678 · end of year $3,336,988

• 17 · Accounts payable and accrued expenses

  beginning of year -$642,410 · end of year -$68,968

• 25 · Other liabilities

  beginning of year $4,371,021 · end of year $4,573,438

• 27 · Net assets without donor restrictions

  beginning of year $35,971,281 · end of year $43,124,506

• 28 · Net assets with donor restrictions

  beginning of year $8,090,036 · end of year $7,754,290

The filer's explanations (Part III)

PART I, LINE 4B

THE ASSOCIATION OFFERS PARTICIPATION IN A DEFINED BENEFIT RETIREMENT PLAN TO ALL EMPLOYEES, WITH PARTICIPATION SUBJECT TO THE CRITERIA OUTLINED IN THE PLAN DOCUMENTS.

Related corporations and trusts

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

• IAFF FINANCIAL CORPORATION

  C · FOR PROFIT SALES · DC · 100% owned · share of income $7,057,961 · share of assets $1,150,007 · controlled entity

  Directly controlled by IAFF