Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $4,848,233

• 2a · Program service revenue: MEMBERSHIP DUES

  total $1,724,500 · related or exempt $1,724,500

• 2b · Program service revenue: CONFERENCE INCOME

  total $493,415 · related or exempt $493,415

• 2c · Program service revenue: WEBSITE SERVICES

  total $15,350 · unrelated business $15,350

• 2d · Program service revenue: JOB POSTINGS & SPONSORSHIPS

  total $2,100 · unrelated business $2,100

• 2e · Program service revenue: OTHER INCOME

  total $1,616 · related or exempt $1,616

• 3 · Investment income

  total $419,221 · excluded $419,221

• 7a · Gross sales of assets other than inventory

  securities $964,569

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

  securities $2,722,822

• 7c · Gain or loss

  securities -$1,758,253

• 7d · Net gain or loss

  total -$1,758,253 · excluded -$1,758,253

• 11a · Other revenue: UBI PRIVATE EQUITY INVESTMENTS

  total $17,750 · unrelated business $17,750

• 11e · Other revenue, total

  $17,750

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,224,819 · program services $1,224,819

• 5 · Compensation of officers, directors and key employees

  total $561,911 · program services $409,558 · management and general $135,248 · fundraising $17,105

• 7 · Other salaries and wages

  total $2,382,700 · program services $1,736,667 · management and general $573,499 · fundraising $72,534

• 8 · Pension plan contributions

  total $200,915 · program services $146,440 · management and general $48,359 · fundraising $6,116

• 9 · Other employee benefits

  total $252,143 · program services $183,778 · management and general $60,689 · fundraising $7,676

• 10 · Payroll taxes

  total $180,258 · program services $131,384 · management and general $43,387 · fundraising $5,487

• 11b · Fees: legal

  total $99,841 · program services $96,847 · management and general $2,994

• 11c · Fees: accounting

  total $15,850 · management and general $15,850

• 11d · Fees: lobbying

  total $81,749 · management and general $81,749

• 11f · Fees: investment management

  total $9,207 · management and general $9,207

• 11g · Fees: other

  total $1,618,815 · program services $1,616,665 · fundraising $2,150

• 13 · Office expenses

  total $42,964 · program services $28,750 · management and general $12,618 · fundraising $1,596

• 14 · Information technology

  total $101,344 · program services $72,901 · management and general $25,250 · fundraising $3,193

• 16 · Occupancy

  total $40,127 · program services $28,822 · management and general $10,036 · fundraising $1,269

• 17 · Travel

  total $203,398 · program services $152,867 · management and general $44,858 · fundraising $5,673

• 19 · Conferences, conventions and meetings

  total $539,139 · program services $539,139

• 22 · Depreciation, depletion and amortization

  total $58,490 · program services $34,981 · management and general $20,870 · fundraising $2,639

• 24a · Other expenses: COMMUNICATIONS

  total $64,763 · program services $61,583 · management and general $2,823 · fundraising $357

• 24b · Other expenses: DUES

  total $64,101 · program services $42,959 · management and general $18,768 · fundraising $2,374

• 24c · Other expenses: TELECOMMUNICATIONS

  total $46,214 · program services $27,639 · management and general $16,489 · fundraising $2,086

• 24d · Other expenses: OVERHEAD CHARGED TO SPE

  total $0 · program services $36,010 · management and general -$31,967 · fundraising -$4,043

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $5,075,933 · end of year $5,879,493

• 2 · Savings and temporary cash investments

  beginning of year $1,628,153 · end of year $1,621,561

• 3 · Pledges and grants receivable

  beginning of year $2,277,119 · end of year $1,821,764

• 9 · Prepaid expenses and deferred charges

  beginning of year $180,392 · end of year $121,292

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

  $804,715

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

  $680,557

• 10c · Land, buildings and equipment, net

  beginning of year $91,672 · end of year $124,158

• 11 · Investments: publicly traded securities

  beginning of year $31,192,362 · end of year $28,684,024

• 15 · Other assets

  beginning of year $0 · end of year $40,454

• 17 · Accounts payable and accrued expenses

  beginning of year $240,270 · end of year $126,948

• 18 · Grants payable

  beginning of year $225,000

• 19 · Deferred revenue

  beginning of year $1,204,850 · end of year $1,468,925

• 25 · Other liabilities

  beginning of year $101,880 · end of year $113,416

• 27 · Net assets without donor restrictions

  beginning of year $16,781,799 · end of year $15,923,693

• 28 · Net assets with donor restrictions

  beginning of year $21,891,832 · end of year $20,659,764

The filer's explanations (Part III)

PART I, LINE 3

IN OCTOBER 2021 CMF HIRED A FIRM TO CONDUCT A COMPENSATION ANALYSIS OF THE VARIOUS STAFF POSITIONS THAT WAS COMPLETED IN EARLY 2022. THIS STUDY DEVELOPED SKILL LEVELS WHICH ARE BEING USED TO SET COMPENSATION LEVELS WHEN HIRING NEW EMPLOYEES, PROMOTING AND PROVIDING MERIT INCREASES FOR EXISTING EMPLOYEES.