Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $2,676,220

• 1d · Related organizations

  $7,500

• 1e · Government grants (contributions)

  $259,174

• 1f · All other contributions, gifts and grants

  $54,000

• 2a · Program service revenue: SECTION REVENUE

  total $363,506 · related or exempt $363,506

• 2b · Program service revenue: THE COLORADO LAWYER

  total $290,359 · unrelated business $268,904 · excluded $21,455

• 3 · Investment income

  total $395,092 · excluded $395,092

• 5 · Royalties

  total $101,133 · excluded $101,133

• 11a · Other revenue: SECTION ADMINISTRATION

  total $167,182 · related or exempt $167,182

• 11b · Other revenue: MISCELLANEOUS

  total $157,069 · related or exempt $157,069

• 11e · Other revenue, total

  $324,251

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $419,938

• 7 · Other salaries and wages

  total $179,006

• 8 · Pension plan contributions

  total $39,659

• 9 · Other employee benefits

  total $38,884

• 10 · Payroll taxes

  total $33,352

• 11b · Fees: legal

  total $16,397

• 11c · Fees: accounting

  total $16,276

• 11g · Fees: other

  total $117,627

• 13 · Office expenses

  total $32,769

• 14 · Information technology

  total $104,178

• 16 · Occupancy

  total $205,279

• 22 · Depreciation, depletion and amortization

  total $104,311

• 23 · Insurance

  total $31,546

• 24a · Other expenses: INCOME TAXES

  total $33,165

• 24b · Other expenses: THE COLORADO LAWYER PER

  total $631,956

• 24c · Other expenses: SECTIONS EXPENSES (SPEC

  total $425,951

• 24d · Other expenses: SPECIAL COMMITTEES

  total $295,916

• 24e · All other expenses

  total $1,470,014

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,373,739 · end of year $2,227,190

• 2 · Savings and temporary cash investments

  beginning of year $236,832 · end of year $485,426

• 4 · Accounts receivable

  beginning of year $167,220 · end of year $193,806

• 9 · Prepaid expenses and deferred charges

  beginning of year $17,315 · end of year $23,702

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

  $3,376,721

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

  $1,807,761

• 10c · Land, buildings and equipment, net

  beginning of year $1,745,429 · end of year $1,568,960

• 11 · Investments: publicly traded securities

  beginning of year $6,248,728 · end of year $6,358,159

• 15 · Other assets

  beginning of year $66,190 · end of year $66,190

• 17 · Accounts payable and accrued expenses

  beginning of year $128,425 · end of year $159,191

• 19 · Deferred revenue

  beginning of year $440,208 · end of year $1,166,068

• 25 · Other liabilities

  beginning of year $1,975,249 · end of year $2,011,592

• 27 · Net assets without donor restrictions

  beginning of year $7,261,535 · end of year $7,523,217

• 28 · Net assets with donor restrictions

  beginning of year $50,036 · end of year $63,365

The filer's explanations (Part III)

PART I, LINE 1A

THE COLORADO BAR ASSOCIATION (CBA) PROVIDES REIMBURSEMENT FOR THE SPOUSES OF THE PRESIDENT AND THE EXECUTIVE DIRECTOR TO ATTEND TWO AMERICAN BAR ASSOCIATION'S NATIONAL CONFERENCE OF BAR PRESIDENTS EACH YEAR AND FOR THE SPOUSES OF THE PRESIDENT-ELECT AND THE SENIOR VICE PRESIDENT TO ATTEND ONE SUCH CONFERENCE EACH YEAR. CBA PROVIDES REIMBURSEMENT FOR THE SPOUSES OF THE PRESIDENT, PRESIDENT-ELECT, SENIOR VICE PRESIDENT, AND THE EXECUTIVE DIRECTOR TO ATTEND ONE CONFERENCE OF SIMILARLY SITUATED VOLUNTARY BAR ASSOCIATIONS, KNOWN AS THE GREAT RIVERS CONFERENCE, EACH YEAR. CBA PROVIDES REIMBURSEMENT FOR THE SPOUSES OF THE PRESIDENT, PRESIDENT-ELECT, AND SENIOR VICE PRESIDENT TO ATTEND TWO BOARD OF GOVERNORS MEETINGS EACH YEAR IF THOSE OFFICERS NEED TO TRAVEL TO ANY SUCH MEETING.

PART I, LINE 3

THE EXECUTIVE DIRECTOR'S COMPENSATION IS DETERMINED BY THE JOINT MANAGEMENT COMMITTEE OF THE DENVER BAR ASSOCIATION, COLORADO BAR ASSOCIATION AND CONTINUING LEGAL EDUCATION (D.B.A. CBA/CLE), WHICH INCLUDES COLORADO BAR ASSOCIATION OFFICERS. THEY REVIEW PERFORMANCE, COMPARE THE EXECUTIVE DIRECTOR'S COMPENSATION PACKAGE TO OTHERS IN SIMILAR POSITIONS IN THE INDUSTRY AND DECIDE ANNUALLY THE CURRENT YEAR'S COMPENSATION PACKAGE. THIS IS DOCUMENTED BY LETTER TO THE EXECUTIVE DIRECTOR. ALL OTHER KEY EMPLOYEES' SALARIES ARE DETERMINED BY THE EXECUTIVE DIRECTOR AND DEPUTY EXECUTIVE DIRECTOR.