Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $1,270,496

• 2a · Program service revenue: MEMBERSHIP DUES & ASSESSMENTS

  total $7,910,656 · related or exempt $7,910,656

• 2b · Program service revenue: REIMBURSEMENTS - RELATED ENTITIES

  total $2,069,168 · related or exempt $2,069,168

• 2c · Program service revenue: REIMBURSEMENTS - OTHER

  total $254,625 · related or exempt $254,625

• 3 · Investment income

  total $232,544 · excluded $232,544

• 6a · Gross rents

  real property $1,215,534

• 6b · Less rental expenses

  real property $810,107

• 6c · Rental income or loss

  real property $405,427

• 6d · Net rental income or loss

  total $405,427 · excluded $405,427

• 7a · Gross sales of assets other than inventory

  securities $5,527,981

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

  securities $5,385,658

• 7c · Gain or loss

  securities $142,323

• 7d · Net gain or loss

  total $142,323 · excluded $142,323

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $79,725

• 2 · Grants to domestic individuals

  total $12,942

• 5 · Compensation of officers, directors and key employees

  total $2,386,752

• 7 · Other salaries and wages

  total $3,396,256

• 8 · Pension plan contributions

  total $618,449

• 9 · Other employee benefits

  total $651,973

• 10 · Payroll taxes

  total $386,734

• 11b · Fees: legal

  total $995,139

• 11c · Fees: accounting

  total $118,858

• 11d · Fees: lobbying

  total $20,000

• 11g · Fees: other

  total $111,311

• 13 · Office expenses

  total $585,987

• 16 · Occupancy

  total $396,802

• 17 · Travel

  total $215,827

• 19 · Conferences, conventions and meetings

  total $3,155

• 20 · Interest

  total $16,567

• 22 · Depreciation, depletion and amortization

  total $38,088

• 23 · Insurance

  total $142,599

• 24a · Other expenses: EDUCATION & PUBLICITY

  total $317,726

• 24b · Other expenses: BAD DEBT EXPENSES

  total $109,825

• 24c · Other expenses: AFFILIATION FEES

  total $104,399

• 24d · Other expenses: MEALS

  total $67,617

• 24e · All other expenses

  total $32,096

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $900,816 · end of year $637,447

• 2 · Savings and temporary cash investments

  beginning of year $214,522 · end of year $600,630

• 4 · Accounts receivable

  beginning of year $1,814,177 · end of year $1,829,461

• 9 · Prepaid expenses and deferred charges

  beginning of year $58,234 · end of year $54,384

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

  $11,583,584

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

  $5,302,132

• 10c · Land, buildings and equipment, net

  beginning of year $6,555,381 · end of year $6,281,452

• 11 · Investments: publicly traded securities

  beginning of year $8,483,602 · end of year $7,029,404

• 15 · Other assets

  beginning of year $285,829 · end of year $1,197,303

• 17 · Accounts payable and accrued expenses

  beginning of year $92,811 · end of year $301,342

• 19 · Deferred revenue

  beginning of year $442,293 · end of year $508,700

• 24 · Unsecured notes and loans payable

  beginning of year $711,957 · end of year $672,385

• 25 · Other liabilities

  beginning of year $1,937,679 · end of year $1,108,392

• 27 · Net assets without donor restrictions

  beginning of year $15,127,821 · end of year $15,039,262

The filer's explanations (Part III)

PART I, LINE 3

THE COMPENSATION OF THE ORGANIZATION'S EXECUTIVE DIRECTOR IS SET BY THE ORGANIZATION'S CONSTITUTION AND REQUIRES APPROVAL BY THE BOARD OF DIRECTORS.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• MAMAPI LLC

  REAL ESTATE · DE · income $1,215,534 · assets $6,999,941

  Directly controlled by INTERNATIONAL ORGANIZATION OF MASTERS MATES AND PILOTS