Form 990 for tax year 2024

2a · Program service revenue: MANAGEMENT FEES

total $7,444,215 · related or exempt $7,444,215

3 · Investment income

total $328,473 · excluded $328,473

7a · Gross sales of assets other than inventory

securities $4,755,255

7b · Less cost or other basis and sales expenses

securities $4,410,076

7c · Gain or loss

securities $345,179

7d · Net gain or loss

total $345,179 · excluded $345,179

11a · Other revenue: OTHER INCOME

total $4,996 · related or exempt $4,996

11e · Other revenue, total

$4,996

5 · Compensation of officers, directors and key employees

total $816,708 · management and general $816,708

7 · Other salaries and wages

total $2,539,756 · management and general $2,539,756

8 · Pension plan contributions

total $396,734 · management and general $396,734

9 · Other employee benefits

total $362,521 · management and general $362,521

10 · Payroll taxes

total $237,045 · management and general $237,045

11b · Fees: legal

total $157,055 · management and general $157,055

11c · Fees: accounting

total $22,000 · management and general $22,000

11f · Fees: investment management

total $72,946 · management and general $72,946

11g · Fees: other

total $383,119 · management and general $383,119

12 · Advertising and promotion

total $147,626 · management and general $147,626

13 · Office expenses

total $153,787 · management and general $153,787

14 · Information technology

total $982,566 · management and general $982,566

16 · Occupancy

total $310,668 · management and general $310,668

17 · Travel

total $68,939 · management and general $68,939

19 · Conferences, conventions and meetings

total $34,993 · management and general $34,993

20 · Interest

total $18,695 · management and general $18,695

22 · Depreciation, depletion and amortization

total $138,730 · management and general $138,730

23 · Insurance

total $72,234 · management and general $72,234

24a · Other expenses: EHR PROJECT

total $116,601 · management and general $116,601

24b · Other expenses: EMPLOYEE TRAINING

total $64,016 · management and general $64,016

24c · Other expenses: DUES & SUBSCRIPTIONS

total $45,110 · management and general $45,110

24d · Other expenses: ENTERTAINMENT

total $43,878 · management and general $43,878

24e · All other expenses

total $218,505 · management and general $218,505

1 · Cash, non-interest-bearing

beginning of year $6,858,846 · end of year $1,115,003

4 · Accounts receivable

beginning of year $632 · end of year $89,496

9 · Prepaid expenses and deferred charges

beginning of year $541,507 · end of year $740,910

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

$2,944,880

10b · Land, buildings and equipment: accumulated depreciation

$2,194,402

10c · Land, buildings and equipment, net

beginning of year $546,217 · end of year $750,478

11 · Investments: publicly traded securities

beginning of year $8,161,329 · end of year $8,796,386

15 · Other assets

beginning of year $104,090 · end of year $461,743

17 · Accounts payable and accrued expenses

beginning of year $1,235,537 · end of year $1,660,709

23 · Secured mortgages and notes payable

beginning of year $133,600 · end of year $308,502

25 · Other liabilities

beginning of year $13,809,727 · end of year $8,177,848

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 $1,033,757 · end of year $1,806,957