Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: MEMBER ASSESSMENTS

  total $382,258,690 · related or exempt $382,258,690

• 2b · Program service revenue: INTR/US GOV SECURITIES

  total $81,397,276 · related or exempt $81,397,276

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $4,400,253

• 7 · Other salaries and wages

  total $6,780,399

• 8 · Pension plan contributions

  total $365,395

• 9 · Other employee benefits

  total $1,782,029

• 10 · Payroll taxes

  total $476,243

• 11b · Fees: legal

  total $119,206

• 11c · Fees: accounting

  total $217,754

• 11d · Fees: lobbying

  total $2,313

• 11g · Fees: other

  total $407,284

• 12 · Advertising and promotion

  total $159,454

• 13 · Office expenses

  total $493,338

• 14 · Information technology

  total $3,851,950

• 16 · Occupancy

  total $983,293

• 17 · Travel

  total $43,307

• 19 · Conferences, conventions and meetings

  total $9,177

• 22 · Depreciation, depletion and amortization

  total $298,763

• 23 · Insurance

  total $207,732

• 24a · Other expenses: CUSTOMER PROTECTION

  total $109,408,826

• 24b · Other expenses: PERSONNEL RECRUITMENT

  total $135,782

• 24c · Other expenses: BOD EXP AND TRAVEL

  total $26,996

• 24d · Other expenses: TEMPORARY SERVICES

  total $17,880

• 24e · All other expenses

  total $16,755

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $15,823,283 · end of year $2,093,371

• 4 · Accounts receivable

  beginning of year $214,245,064 · end of year $176,584,364

• 9 · Prepaid expenses and deferred charges

  beginning of year $11,545,038 · end of year $7,381,490

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

  $8,032,763

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

  $7,391,042

• 10c · Land, buildings and equipment, net

  beginning of year $922,939 · end of year $641,721

• 11 · Investments: publicly traded securities

  beginning of year $4,140,208,973 · end of year $4,051,060,911

• 15 · Other assets

  beginning of year $0 · end of year $0

• 17 · Accounts payable and accrued expenses

  beginning of year $14,158,423 · end of year $14,731,425

• 19 · Deferred revenue

  beginning of year $4,789,763 · end of year $3,010,074

• 25 · Other liabilities

  beginning of year $696,200,000 · end of year $673,200,000

• 29 · Capital stock, trust principal or current funds

  beginning of year $3,667,597,111 · end of year $3,546,820,358

• 30 · Paid-in or capital surplus, or land, building or equipment fund

  beginning of year $0 · end of year $0

• 31 · Retained earnings, endowment or other funds

  beginning of year $0 · end of year $0

The filer's explanations (Part III)

PART I, LINE 1A

FIRST-CLASS TRAVEL FIRST CLASS TRAIN FARE WAS ALLOWED PURSUANT TO POLICY AND PAID FOR MR. BELL, MR. GLOVER AND MR. SHARMA WHEN IT WAS LESS THAN OR EQUIVALENT TO THE COST OF COACH AIRFARE AND RELATED GROUND TRANSPORTATION. FIRST CLASS AIR FARE WAS ALLOWED PURSUANT TO POLICY FOR MR. BRODSKY.

SCHEDULE J, PART II, COLUMN C:

RETIREMENT AND OTHER DEFERRED COMPENSATION THE INCREASE OR DECREASE IN ACTUARIAL VALUE OF A DEFINED BENEFIT RETIREMENT AND A DEFINED BENEFIT POST RETIREMENT HEALTH PLAN IS INCLUDED IN SCHEDULE J, PART II, COLUMN (C) AS PART OF RETIREMENT AND OTHER DEFERRED COMPENSATION.