Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: MEMBER CONTRIBUTIONS

  total $1,152,991,925 · related or exempt $1,152,991,925

• 2b · Program service revenue: CLAIMS PROCEESSING FEES

  total $86,885,004 · related or exempt $86,885,004

• 2c · Program service revenue: SHARED SERVICES

  total $1,672,884 · excluded $1,672,884

• 2d · Program service revenue: MISCELLANEOUS REVENUE

  total $89,561 · related or exempt $89,561

• 3 · Investment income

  total $17,703,216 · unrelated business $17,703,216

• 7a · Gross sales of assets other than inventory

  securities $59,286,126

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

  securities $54,570,574 · other assets $23,567

• 7c · Gain or loss

  securities $4,715,552 · other assets -$23,567

• 7d · Net gain or loss

  total $4,691,985 · unrelated business $4,691,985

Functional expenses

Part IX, the statement of functional expenses.

• 4 · Benefits paid to or for members

  total $1,224,407,928

• 5 · Compensation of officers, directors and key employees

  total $344,580

• 7 · Other salaries and wages

  total $25,830,128

• 8 · Pension plan contributions

  total -$15,639,227

• 9 · Other employee benefits

  total $6,329,255

• 10 · Payroll taxes

  total $2,014,798

• 11b · Fees: legal

  total $125,910

• 11c · Fees: accounting

  total $804,261

• 11f · Fees: investment management

  total $869,514

• 11g · Fees: other

  total $1,059,010

• 12 · Advertising and promotion

  total $4,639,466

• 13 · Office expenses

  total $5,516,930

• 14 · Information technology

  total $38,538

• 16 · Occupancy

  total $1,985,896

• 17 · Travel

  total $1,094,287

• 19 · Conferences, conventions and meetings

  total $507,729

• 22 · Depreciation, depletion and amortization

  total $1,671,809

• 23 · Insurance

  total $256,713

• 24a · Other expenses: ADMINISTRATIVE SERVICES

  total $787,641

• 24b · Other expenses: STAFF DEV. & TRAINING

  total $287,084

• 24c · Other expenses: MISCELLANEOUS

  total $213,565

• 24d · Other expenses: CASE MANAGEMENT

  total $69,877

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,647,146 · end of year $4,437,134

• 2 · Savings and temporary cash investments

  beginning of year $197,908,051 · end of year $189,694,862

• 9 · Prepaid expenses and deferred charges

  beginning of year $120,894,484 · end of year $102,285,810

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

  $49,501,041

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

  $37,661,577

• 10c · Land, buildings and equipment, net

  beginning of year $13,463,823 · end of year $11,839,464

• 11 · Investments: publicly traded securities

  beginning of year $490,081,860 · end of year $422,139,505

• 15 · Other assets

  beginning of year $52,614,226 · end of year $19,466,725

• 17 · Accounts payable and accrued expenses

  beginning of year $1,822,168 · end of year $2,897,041

• 19 · Deferred revenue

  beginning of year $43,892,674 · end of year $52,701,933

• 25 · Other liabilities

  beginning of year $69,956,148 · end of year $45,032,539

• 29 · Capital stock, trust principal or current funds

  beginning of year $0 · end of year $0

• 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 $760,938,600 · end of year $649,231,987

The filer's explanations (Part III)

PART I, LINE 1A

AMOUNTS PAID FOR SOCIAL CLUB DUES ARE INCLUDED IN RECIPIENTS' TAXABLE WAGES.