Form 990 for tax year 2022

1e · Government grants (contributions)

$347,898

2a · Program service revenue: EMPLOYER CONTRIBUTIONS

total $29,687,532 · related or exempt $29,687,532

2b · Program service revenue: TRAINING PROGRAM REIMBURSEMENT

total $12,569,721 · related or exempt $12,569,721

3 · Investment income

total $1,387,082 · excluded $1,387,082

7a · Gross sales of assets other than inventory

other assets $14,100,000

7b · Less cost or other basis and sales expenses

other assets $515,665

7c · Gain or loss

other assets $13,584,335

7d · Net gain or loss

total $13,584,335 · excluded $13,584,335

11a · Other revenue: LLC

total $1,519,529 · related or exempt $1,519,529

11b · Other revenue: MISCELLANEOUS INCOME

total $47,727 · related or exempt $47,727

11e · Other revenue, total

$1,567,256

5 · Compensation of officers, directors and key employees

total $640,928 · management and general $640,928

7 · Other salaries and wages

total $8,658,663 · program services $7,389,733 · management and general $1,268,930

8 · Pension plan contributions

total $1,975,487 · program services $1,623,072 · management and general $352,415

9 · Other employee benefits

total $1,264,324 · program services $967,925 · management and general $296,399

10 · Payroll taxes

total $717,961 · program services $562,385 · management and general $155,576

11f · Fees: investment management

total $431,857 · management and general $431,857

11g · Fees: other

total $1,201,521 · management and general $1,201,521

13 · Office expenses

total $221,187 · management and general $221,187

14 · Information technology

total $524,817 · management and general $524,817

16 · Occupancy

total $1,913,548 · management and general $1,913,548

17 · Travel

total $142,740 · management and general $142,740

20 · Interest

total $167 · program services $167

22 · Depreciation, depletion and amortization

total $3,859,302 · management and general $3,859,302

23 · Insurance

total $394,293 · management and general $394,293

24a · Other expenses: LLC EXPENSE

total $3,383,011 · program services $3,383,011

24b · Other expenses: CLASS, SHOP, TEXTS, SUP

total $2,726,915 · program services $2,726,915

24c · Other expenses: COMMUNICATION

total $289,627 · management and general $289,627

24d · Other expenses: UA/ANN ARBOR TRAINING

total $213,383 · program services $213,383

24e · All other expenses

total $235,012 · program services $212,938 · management and general $22,074

2 · Savings and temporary cash investments

beginning of year $66,090,049 · end of year $81,912,587

4 · Accounts receivable

beginning of year $4,720,743 · end of year $3,614,397

8 · Inventories for sale or use

beginning of year $12,404 · end of year $0

9 · Prepaid expenses and deferred charges

beginning of year $2,269,066 · end of year $705,613

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

$91,143,548

10b · Land, buildings and equipment: accumulated depreciation

$20,183,532

10c · Land, buildings and equipment, net

beginning of year $64,923,982 · end of year $70,960,016

12 · Investments: other securities

beginning of year $2,727,887 · end of year $2,667,060

15 · Other assets

beginning of year $58,831 · end of year $10,243,284

17 · Accounts payable and accrued expenses

beginning of year $628,138 · end of year $887,636

19 · Deferred revenue

beginning of year $25,567 · end of year $31,659

23 · Secured mortgages and notes payable

beginning of year $41,537,710 · end of year $40,126,028

25 · Other liabilities

beginning of year $511,300 · end of year $510,124

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 $98,100,247 · end of year $128,547,510