Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $27,850

• 1e · Government grants (contributions)

  $86,383

• 1f · All other contributions, gifts and grants

  $800,476

• 2a · Program service revenue: MEMBERSHIP DUES

  total $305,558 · related or exempt $305,558

• 2b · Program service revenue: CONTRACT SERVICE FEES

  total $92,313 · related or exempt $92,313

• 3 · Investment income

  total $107,392 · excluded $107,392

• 6a · Gross rents

  real property $47,000

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $47,000

• 6d · Net rental income or loss

  total $47,000 · excluded $47,000

• 7a · Gross sales of assets other than inventory

  securities $1,473,704

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

  securities $1,458,623

• 7c · Gain or loss

  securities $15,081

• 7d · Net gain or loss

  total $15,081 · excluded $15,081

• 8a · Fundraising events: gross income

  $19,600

• 8a · Fundraising events: contributions included on line 1c

  $27,850

• 8b · Fundraising events: direct expenses

  $41,602

• 8c · Net income from fundraising events

  total -$22,002 · excluded -$22,002

• 11a · Other revenue: OTHER INCOME

  total $40,443 · related or exempt $40,443

• 11e · Other revenue, total

  $40,443

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $249,720 · program services $249,720

• 5 · Compensation of officers, directors and key employees

  total $322,533 · program services $250,544 · management and general $71,989

• 7 · Other salaries and wages

  total $530,997 · program services $429,976 · management and general $101,021

• 8 · Pension plan contributions

  total $13,927 · program services $11,019 · management and general $2,908

• 9 · Other employee benefits

  total $79,650 · program services $66,147 · management and general $13,503

• 10 · Payroll taxes

  total $62,296 · program services $49,837 · management and general $12,459

• 11f · Fees: investment management

  total $15,038 · management and general $15,038

• 11g · Fees: other

  total $47,641 · program services $9,528 · management and general $38,113

• 12 · Advertising and promotion

  total $7,123 · program services $7,123

• 13 · Office expenses

  total $37,647 · program services $28,491 · management and general $9,156

• 14 · Information technology

  total $4,185 · program services $3,139 · management and general $1,046

• 16 · Occupancy

  total $38,189 · program services $29,608 · management and general $8,581

• 19 · Conferences, conventions and meetings

  total $63,080 · program services $44,156 · management and general $18,924

• 22 · Depreciation, depletion and amortization

  total $44,024 · program services $34,132 · management and general $9,892

• 23 · Insurance

  total $7,554 · program services $5,857 · management and general $1,697

• 24a · Other expenses: PROFESSIONAL TRAINING

  total $260,317 · program services $260,317

• 24b · Other expenses: CONSULTANT SERVICES

  total $31,976 · program services $24,791 · management and general $7,185

• 24c · Other expenses: DATA PROCESSING

  total $31,712 · program services $23,784 · management and general $7,928

• 24d · Other expenses: MISCELLANEOUS

  total $15,010 · program services $11,637 · management and general $3,373

• 24e · All other expenses

  total $12,791 · program services $9,917 · management and general $2,874

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,029,191 · end of year $403,126

• 2 · Savings and temporary cash investments

  beginning of year $302,045 · end of year $420,507

• 3 · Pledges and grants receivable

  beginning of year $46,675 · end of year $24,174

• 4 · Accounts receivable

  beginning of year $11,043 · end of year $26,824

• 5 · Loans and receivables from officers and key people

  end of year $1,385

• 9 · Prepaid expenses and deferred charges

  beginning of year $22,699 · end of year $19,301

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

  $1,260,816

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

  $583,785

• 10c · Land, buildings and equipment, net

  beginning of year $721,055 · end of year $677,031

• 11 · Investments: publicly traded securities

  beginning of year $3,042,402 · end of year $3,500,556

• 12 · Investments: other securities

  beginning of year $3,910,895 · end of year $4,482,494

• 15 · Other assets

  beginning of year $362,859 · end of year $582,993

• 17 · Accounts payable and accrued expenses

  beginning of year $239,940 · end of year $124,440

• 19 · Deferred revenue

  beginning of year $731,936 · end of year $571,100

• 27 · Net assets without donor restrictions

  beginning of year $8,476,988 · end of year $9,442,851

The filer's explanations (Part III)

PART I, LINE 5:

ALL EMPLOYEES RECEIVE ANNUAL PERFORMANCE EVALUATIONS BASED ON PRE-DETERMINED CORPORATE AND INDIVIDUAL GOALS AND OBJECTIVES. CORPORATE PERFORMANCE OBJECTIVES THAT REFLECT THE STRATEGIC GOALS OF ALL THE IROQUOIS ENTITIES ARE ESTABLISHED BY THE MANAGEMENT TEAM. THESE ORGANIZATIONAL AND STRATEGIC OBJECTIVES ARE ASSIGNED AS PERFORMANCE OBJECTIVES FOR SPECIFIC IROQUOIS EMPLOYEES BASED ON THEIR AREA OF JOB RESPONSIBILITY. A WEIGHTING SYSTEM IS USED TO REFLECT AREAS OF EMPHASIS FOR EMPLOYEES' COMPENSATION. THIS ALLOWS THE CHIEF EXECUTIVE OFFICER TO ESTABLISH CLEAR CORPORATE RESPONSIBILITIES FOR THE MANAGEMENT TEAM AND IT ALLOWS MANAGERS TO SET CLEAR GOALS AND OBJECTIVES FOR EACH OF THEIR DIRECT REPORTS. VARIABLE PAYMENTS ARE AWARDED BASED ON THE OVERALL RATING OF THE PERFORMANCE EVALUATION AND THE GOALS ACHIEVED. VARIABLE PAYMENTS DO NOT ADJUST EMPLOYEE'S ANNUAL BASE PAY. THE BASE SALARIES FOR EMPLOYEES ARE ONLY ADJUSTED BY MANAGEMENT BASED ON MARKET ANALYSIS.

Related corporations and trusts

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

• UNITED IROQUOIS SHARED SERVICES INC

  C · CENTRALIZED PURCHASING SERVICES TO MEMBERS · NY · 100% owned · share of income $5,011,633 · share of assets $7,454,909 · controlled entity

• IROQUOIS HEALTHCARE CONSORTIUM INC

  C · DORMANT · NY · 100% owned · share of income $61 · controlled entity