Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $1,122,500

• 2a · Program service revenue: CONFERENCE & SHOW

  total $8,735,884 · related or exempt $8,735,884

• 2b · Program service revenue: MEMBERSHIP DUES

  total $4,842,729 · related or exempt $4,842,729

• 2c · Program service revenue: PROFESSIONAL DEVELOPMENT

  total $322,553 · related or exempt $322,553

• 2d · Program service revenue: ADVERTISING & MARKETING OPPORTUNI

  total $181,750 · related or exempt $181,750

• 3 · Investment income

  total $608,115 · excluded $608,115

• 5 · Royalties

  total $54,061 · excluded $54,061

• 6a · Gross rents

  real property $391,749

• 6b · Less rental expenses

  real property $403,487

• 6c · Rental income or loss

  real property -$11,738

• 6d · Net rental income or loss

  total -$11,738 · excluded -$11,738

• 7a · Gross sales of assets other than inventory

  securities $4,470,845

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

  securities $3,978,239 · other assets $36,606

• 7c · Gain or loss

  securities $492,606 · other assets -$36,606

• 7d · Net gain or loss

  total $456,000 · excluded $456,000

• 11a · Other revenue: OTHER INCOME

  total $10,501 · related or exempt $10,501

• 11e · Other revenue, total

  $10,501

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $358,114

• 2 · Grants to domestic individuals

  total $8,000

• 5 · Compensation of officers, directors and key employees

  total $1,468,439

• 7 · Other salaries and wages

  total $4,643,248

• 8 · Pension plan contributions

  total $183,810

• 9 · Other employee benefits

  total $486,302

• 10 · Payroll taxes

  total $422,872

• 11b · Fees: legal

  total $17,562

• 11c · Fees: accounting

  total $23,000

• 11f · Fees: investment management

  total $19,856

• 11g · Fees: other

  total $147,249

• 12 · Advertising and promotion

  total $698,875

• 13 · Office expenses

  total $649,972

• 14 · Information technology

  total $711,415

• 16 · Occupancy

  total $214,121

• 17 · Travel

  total $995,788

• 19 · Conferences, conventions and meetings

  total $3,661,185

• 20 · Interest

  total $215,162

• 22 · Depreciation, depletion and amortization

  total $447,548

• 23 · Insurance

  total $328,285

• 24a · Other expenses: CAREER DEVELOPMENT

  total $263,903

• 24b · Other expenses: MEMBER SERVICES

  total $69,902

• 24c · Other expenses: RESEARCH & ENVIRONMENT

  total $46,101

• 24d · Other expenses: STAFF DEVELOPMENT

  total $26,456

• 24e · All other expenses

  total $121,474

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $300 · end of year $300

• 2 · Savings and temporary cash investments

  beginning of year $315,266 · end of year $1,585,021

• 4 · Accounts receivable

  beginning of year $233,988 · end of year $433,088

• 7 · Other notes and loans receivable

  beginning of year $5,181,783 · end of year $5,822,058

• 8 · Inventories for sale or use

  beginning of year $11,276 · end of year $16,097

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,681,167 · end of year $1,187,450

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

  $14,788,566

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

  $10,969,958

• 10c · Land, buildings and equipment, net

  beginning of year $4,269,351 · end of year $3,818,608

• 11 · Investments: publicly traded securities

  beginning of year $9,431,326 · end of year $8,409,843

• 12 · Investments: other securities

  beginning of year $42,500 · end of year $42,500

• 17 · Accounts payable and accrued expenses

  beginning of year $1,361,775 · end of year $1,561,783

• 19 · Deferred revenue

  beginning of year $8,073,444 · end of year $9,765,010

• 23 · Secured mortgages and notes payable

  beginning of year $3,608,502 · end of year $1,116,832

• 27 · Net assets without donor restrictions

  beginning of year $8,123,236 · end of year $8,871,340

The filer's explanations (Part III)

PART I, LINE 1A:

TRAVEL FOR COMPANIONS: GCSAA PAID FOR TRAVEL FOR COMPANIONS FOR THE BOARD OF DIRECTORS, J. RHETT EVANS, EDWARD SEVERAL, AND KEVIN SUNDERMAN. ALL OF WHICH WAS REPORTED AS TAXABLE INCOME ON THEIR W-2S OR 1099S. TAX INDEMNIFICATION AND GROSS UP PAYMENTS: GCSAA PAID FOR TAX INDEMNIFICATION AND GROSS UP PAYMENTS FOR THE BOARD OF DIRECTORS, J. RHETT EVANS, CAMERON OURY, EDWARD SEVERAL, AND KEVIN SUNDERMAN. ALL OF WHICH WAS REPORTED AS TAXABLE INCOME ON THEIR W-2S OR 1099S. HEALTH AND SOCIAL CLUB DUES: GCSAA PAID FOR DUES TO SHADOW GLEN GOLF CLUB IN THE NAME OF GCSAA (J. RHETT EVANS AS PRINCIPAL CONTACT) AND CANYON FARMS GOLF CLUB IN THE NAME OF GCSAA (KEVIN SUNDERMAN AS PRINCIPAL CONTACT). THE EXECUTIVE TEAM HOLDS BUSINESS MEETINGS AND EVENTS AT THESE CLUBS AND THEY CAN BE USED BY THE GCSAA STAFF FOR THE SAME PURPOSE. DISCRETIONARY SPENDING ACCOUNT: GCSAA PAID FOR DISCRETIONARY SPENDING ACCOUNTS FOR THE BOARD OF DIRECTORS WHICH WAS REPORTED AS TAXABLE INCOME ON THEIR 1099S. HOUSING ALLOWANCE: GCSAA PROVIDED AN ALLOWANCE FOR RELOCATION AND TEMPORARY HOUSING FOR KEVIN SUNDERMAN. ALL OF WHICH WAS REPORTED AS TAXABLE INCOME ON HIS W-2.

Related corporations and trusts

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

• GCSAA COMMUNICATIONS INC

  C · PUBLICATIONS · KS · 100% owned · share of income -$573,127 · share of assets $671,702 · controlled entity

  Directly controlled by GCSAA