Form 990 for tax year 2025

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $29,924

• 1f · All other contributions, gifts and grants

  $333,615

• 1g · Noncash contributions included above

  $83,615

• 2a · Program service revenue: ANNUAL CONFERENCE

  total $16,640,763 · related or exempt $16,640,763

• 2b · Program service revenue: VITICUS CENTER

  total $10,699,842 · related or exempt $10,699,842

• 2c · Program service revenue: CPE EVENTS

  total $1,807,770 · related or exempt $1,807,770

• 3 · Investment income

  total $662,539 · excluded $662,539

• 6a · Gross rents

  real property $65,766

• 6b · Less rental expenses

  real property $81,025

• 6c · Rental income or loss

  real property -$15,259

• 6d · Net rental income or loss

  total -$15,259 · unrelated business -$15,259

• 8a · Fundraising events: gross income

  $55,720

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

  $29,924

• 8b · Fundraising events: direct expenses

  $55,720

• 8c · Net income from fundraising events

  total $0

• 11a · Other revenue: OTHER

  total $20,430 · excluded $20,430

• 11e · Other revenue, total

  $20,430

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $2,673,133 · program services $1,503,543 · management and general $1,163,883 · fundraising $5,707

• 6 · Compensation of disqualified persons

  total $15,530 · program services $15,530

• 7 · Other salaries and wages

  total $5,345,709 · program services $4,662,128 · management and general $667,233 · fundraising $16,348

• 8 · Pension plan contributions

  total $219,593 · program services $169,348 · management and general $49,638 · fundraising $607

• 9 · Other employee benefits

  total $538,317 · program services $433,513 · management and general $103,207 · fundraising $1,597

• 10 · Payroll taxes

  total $524,416 · program services $404,424 · management and general $118,543 · fundraising $1,449

• 11b · Fees: legal

  total $70,373 · program services $5,199 · management and general $65,174

• 11c · Fees: accounting

  total $49,824 · program services $3,681 · management and general $46,143

• 11g · Fees: other

  total $2,333,319 · program services $2,151,538 · management and general $181,781

• 12 · Advertising and promotion

  total $643,421 · program services $643,421

• 14 · Information technology

  total $965,332 · program services $920,924 · management and general $44,070 · fundraising $338

• 16 · Occupancy

  total $618,082 · program services $582,605 · management and general $32,263 · fundraising $3,214

• 17 · Travel

  total $622,717 · program services $594,811 · management and general $27,906

• 20 · Interest

  total $902,202 · program services $850,415 · management and general $47,095 · fundraising $4,692

• 22 · Depreciation, depletion and amortization

  total $1,455,219 · program services $1,330,095 · management and general $117,787 · fundraising $7,337

• 23 · Insurance

  total $310,249 · program services $276,283 · management and general $30,862 · fundraising $3,104

• 24a · Other expenses: SUPPLIES AND SERVICES

  total $7,936,771 · program services $7,808,422 · management and general $122,353 · fundraising $5,996

• 24b · Other expenses: FOOD AND BEVERAGE

  total $1,328,068 · program services $1,303,201 · management and general $24,867

• 24c · Other expenses: LODGING

  total $439,123 · program services $412,841 · management and general $26,282

• 24d · Other expenses: BANK FEES

  total $348,926 · program services $314,372 · management and general $34,511 · fundraising $43

• 24e · All other expenses

  total $483,403 · program services $443,309 · management and general $40,094

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,261,965 · end of year $1,074,460

• 2 · Savings and temporary cash investments

  beginning of year $15,004,564 · end of year $16,899,626

• 4 · Accounts receivable

  beginning of year $597,295 · end of year $967,583

• 5 · Loans and receivables from officers and key people

  end of year $750,000

• 9 · Prepaid expenses and deferred charges

  beginning of year $908,659 · end of year $1,919,866

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

  $65,069,838

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

  $14,723,589

• 10c · Land, buildings and equipment, net

  beginning of year $32,068,608 · end of year $50,346,249

• 11 · Investments: publicly traded securities

  end of year $22,721,548

• 15 · Other assets

  beginning of year $0 · end of year $160,179

• 17 · Accounts payable and accrued expenses

  beginning of year $1,510,216 · end of year $4,761,384

• 19 · Deferred revenue

  beginning of year $10,887,011 · end of year $15,041,001

• 20 · Tax-exempt bond liabilities

  beginning of year $21,035,245 · end of year $56,272,610

• 27 · Net assets without donor restrictions

  beginning of year $16,408,619 · end of year $18,514,516

• 28 · Net assets with donor restrictions

  end of year $250,000

The filer's explanations (Part III)

PART I, LINE 1A

THE ORGANIZATION OCCASIONALLY PROVIDES BONUS PAYMENTS TO EMPLOYEES WHICH ARE GROSSED-UP. THE ENTIRE AMOUNT OF THESE GROSSED-UP PAYMENTS ARE INCLUDED IN THE EMPLOYEES W-2 WAGES.

PART I, LINE 4B

THE FOLLOWING INDIVIDUALS PARTICIPATE IN A CAP-EX PROGRAM (A SPLIT-DOLLAR LIFE INSURANCE ARRANGEMENT IN PLACE OF A TRADITIONAL SERP) AND RECEIVED THE AMOUNTS FOLLOWING THEIR NAMES (SUBJECT TO FINAL TAX DISTRIBUTIONS FOR EACH): AUBREY ARREOLA: $1,773; ANDREA DAVIS: $1,773; STEPHANIE GERLING: $1,773; ANTHONY PEASE: $1,773. SEE SCHEDULE L, PART V, FOR A BROADER DESCRIPTION OF THE ARRANGEMENT.

PART I, LINE 7

DISCRETIONARY BONUSES ARE DETERMINED ON A MERIT BASIS FOR UNDERTAKINGS SUCH AS EXTRA PROJECTS, OR OTHER WORK, TAKEN ON OUTSIDE OF A TEAM MEMBER'S STANDARD ROLE, OR OUTSTANDING ACCOMPLISHMENTS WHICH MANAGEMENT OR THE BOARD DETERMINES A BONUS IS WARRANTED.