Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $3,104,674

• 2a · Program service revenue: MEMBERSHIP DUES

  total $39,592,875 · related or exempt $39,592,875

• 2b · Program service revenue: CONFERENCE EXHIBITS

  total $14,353,066 · related or exempt $7,772,640 · excluded $6,580,426

• 2c · Program service revenue: SPONSORSHIP

  total $2,490,226 · related or exempt $2,490,226

• 3 · Investment income

  total $1,305,544 · excluded $1,305,544

• 5 · Royalties

  total $121,370 · excluded $121,370

• 6a · Gross rents

  real property $160,095

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $160,095

• 6d · Net rental income or loss

  total $160,095 · excluded $160,095

• 7a · Gross sales of assets other than inventory

  securities $33,601,326

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

  securities $33,298,879

• 7c · Gain or loss

  securities $302,447

• 7d · Net gain or loss

  total $302,447 · excluded $302,447

• 10a · Gross sales of inventory

  $17,642

• 10b · Cost of goods sold

  $10,428

• 10c · Net income from sales of inventory

  total $7,214 · related or exempt $2,966 · unrelated business $4,248

• 11a · Other revenue: REBATES

  total $375,623 · excluded $375,623

• 11b · Other revenue: TRANSFER FROM DISSOLVED ENTITY

  total $322,786 · excluded $322,786

• 11c · Other revenue: MISCELLANEOUS

  total $123,211 · excluded $123,211

• 11e · Other revenue, total

  $821,620

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $69,073

• 5 · Compensation of officers, directors and key employees

  total $5,890,013

• 7 · Other salaries and wages

  total $16,055,537

• 8 · Pension plan contributions

  total $1,096,713

• 9 · Other employee benefits

  total $1,083,147

• 10 · Payroll taxes

  total $1,241,350

• 11b · Fees: legal

  total $478,401

• 11d · Fees: lobbying

  total $2,056,286

• 11f · Fees: investment management

  total $142,451

• 11g · Fees: other

  total $5,200,967

• 12 · Advertising and promotion

  total $5,892,198

• 13 · Office expenses

  total $808,174

• 14 · Information technology

  total $1,720,591

• 16 · Occupancy

  total $1,275,978

• 17 · Travel

  total $993,296

• 19 · Conferences, conventions and meetings

  total $8,000,068

• 22 · Depreciation, depletion and amortization

  total $466,829

• 23 · Insurance

  total $68,120

• 24a · Other expenses: UBI TAXES

  total $4,136

• 24b · Other expenses: DUES AND REGIONAL INIT.

  total $2,608,107

• 24c · Other expenses: PUBLICATIONS AND SUBS.

  total $368,372

• 24d · Other expenses: TAXES

  total $296,812

• 24e · All other expenses

  total $227,204

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $8,069,457 · end of year $4,846,085

• 2 · Savings and temporary cash investments

  beginning of year $900,000 · end of year $6,780,375

• 4 · Accounts receivable

  beginning of year $472,184 · end of year $688,051

• 7 · Other notes and loans receivable

  beginning of year $6,456 · end of year $3,521

• 8 · Inventories for sale or use

  beginning of year $7,976 · end of year $15,518

• 9 · Prepaid expenses and deferred charges

  beginning of year $498,005 · end of year $1,752,634

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

  $4,374,373

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

  $2,939,353

• 10c · Land, buildings and equipment, net

  beginning of year $1,480,438 · end of year $1,435,020

• 11 · Investments: publicly traded securities

  beginning of year $29,236,354 · end of year $37,670,014

• 15 · Other assets

  beginning of year $5,541,936 · end of year $4,434,834

• 17 · Accounts payable and accrued expenses

  beginning of year $6,465,796 · end of year $8,548,024

• 18 · Grants payable

  beginning of year $80,000 · end of year $236,000

• 19 · Deferred revenue

  beginning of year $11,044,105 · end of year $13,919,689

• 24 · Unsecured notes and loans payable

  beginning of year $144,882 · end of year $141,346

• 25 · Other liabilities

  beginning of year $6,913,954 · end of year $5,657,364

• 27 · Net assets without donor restrictions

  beginning of year $19,274,629 · end of year $26,947,457

• 28 · Net assets with donor restrictions

  beginning of year $2,289,440 · end of year $2,176,172

The filer's explanations (Part III)

PART I, LINE 1A

ACP MAINTAINS A CAFETERIA BENEFITS PLAN WHEREIN ANY EMPLOYEE MAY OPT TO HAVE A SMALL PORTION OF THEIR BENEFITS ALLOCATED TO EXPENSES FOR MAINTAINING HEALTH AND FITNESS; THIS MAY INCLUDE DOCUMENTED PAID HEALTH CLUB DUES.

PART I, LINE 3

ACP'S BOARD OF DIRECTORS HANDLED NEGOTIATION OF THE CEO'S COMPENSATION.

PART I, LINES 4A-B

RODERICK O'CONNER RECEIVED SEVERANCE PAYMENT IN THE AMOUNT OF $348,970. HEATHER K. MEIER RECEIVED SEVERANCE PAYMENT IN THE AMOUNT OF $226,404 ACP ESTABLISHED A 457(F) DEFERRED COMPENSATION PLAN ON BEHALF OF ROSANNA MAIETTA.