Form 990 for tax year 2025

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $6,800

• 2a · Program service revenue: INTEREST ON LOANS

  total $1,413,770 · related or exempt $1,413,770

• 2b · Program service revenue: OTHER MEMBER RELATED REVENUE

  total $241,976 · related or exempt $241,976

• 2c · Program service revenue: MEMBER FEE INCOME

  total $213,552 · related or exempt $213,552

• 2d · Program service revenue: FEE & INSURANCE REVENUE

  total $192 · unrelated business $192

• 3 · Investment income

  total $198,896 · excluded $198,896

• 5 · Royalties

  total $4,426 · excluded $4,426

• 7a · Gross sales of assets other than inventory

  securities $1,671,460 · other assets $15,275

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

  securities $1,738,985 · other assets $16,695

• 7c · Gain or loss

  securities -$67,525 · other assets -$1,420

• 7d · Net gain or loss

  total -$68,945 · related or exempt -$68,945

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $4,700

• 5 · Compensation of officers, directors and key employees

  total $141,563

• 7 · Other salaries and wages

  total $377,650

• 8 · Pension plan contributions

  total $61,784

• 9 · Other employee benefits

  total $87,840

• 10 · Payroll taxes

  total $40,009

• 11b · Fees: legal

  total $6,404

• 11c · Fees: accounting

  total $3,980

• 11g · Fees: other

  total $114,824

• 12 · Advertising and promotion

  total $75,450

• 13 · Office expenses

  total $289,712

• 14 · Information technology

  total $135,565

• 16 · Occupancy

  total $103,356

• 19 · Conferences, conventions and meetings

  total $8,463

• 20 · Interest

  total $50

• 22 · Depreciation, depletion and amortization

  total $74,639

• 23 · Insurance

  total $15,157

• 24a · Other expenses: LOAN SERVICING EXPENSE

  total $328,002

• 24b · Other expenses: DIVIDENDS EXPENSE

  total $223,478

• 24c · Other expenses: CREDIT LOSS EXPENSE

  total $147,059

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $162,097 · end of year $129,149

• 2 · Savings and temporary cash investments

  beginning of year $5,339,133 · end of year $7,374,565

• 4 · Accounts receivable

  beginning of year $348,291 · end of year $332,497

• 5 · Loans and receivables from officers and key people

  beginning of year $1,803,142 · end of year $1,854,532

• 7 · Other notes and loans receivable

  beginning of year $21,531,146 · end of year $21,033,548

• 9 · Prepaid expenses and deferred charges

  beginning of year $381,645 · end of year $322,488

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

  $1,093,316

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

  $311,527

• 10c · Land, buildings and equipment, net

  beginning of year $850,784 · end of year $781,789

• 13 · Investments: program-related

  beginning of year $6,810,181 · end of year $3,470,903

• 14 · Intangible assets

  beginning of year $388,041 · end of year $353,513

• 15 · Other assets

  beginning of year $726,877 · end of year $683,388

• 17 · Accounts payable and accrued expenses

  beginning of year $315,459 · end of year $259,235

• 24 · Unsecured notes and loans payable

  end of year $11,749

• 25 · Other liabilities

  beginning of year $30,661,215 · end of year $28,657,795

• 31 · Retained earnings, endowment or other funds

  beginning of year $7,364,663 · end of year $7,407,593

The filer's explanations (Part III)

SCHEDULE J, PART III

RE 4B. THE ORGANIZATION DEPOSITED FUNDS INTO A LIFE INSURANCE POLICY ON THE PRESIDENT'S LIFE. DURING LIFE, AND SUBJECT TO THE POLICY GENERATING SUFFICIENT VALUES, THE PRESIDENT CAN BORROW FROM THE POLICY. AT DEATH, THE ORGANIZATION RECOVERS ITS PREMIUMS PLUS INTEREST PLUS ADDITIONAL KEY-PERSON INSURANCE PROCEEDS. SEE ALSO INFORMATION AT SCHEDULE L, PART V.