Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $571,377

• 1e · Government grants (contributions)

  $56,924,657

• 1f · All other contributions, gifts and grants

  $3,892,876

• 2a · Program service revenue: FEES FOR SERVICE REV

  total $2,615,277 · related or exempt $2,615,277

• 2b · Program service revenue: REIMBURSED FEES

  total $1,470,342 · related or exempt $1,470,342

• 2c · Program service revenue: REGISTRATION/WORKSHOP FEES

  total $234,215 · related or exempt $234,215

• 2d · Program service revenue: EVENT SPONSORSHIP

  total $115,887 · related or exempt $115,887

• 3 · Investment income

  total $415,668 · excluded $415,668

• 7a · Gross sales of assets other than inventory

  other assets $930

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

  other assets $444

• 7c · Gain or loss

  other assets $486

• 7d · Net gain or loss

  total $486 · excluded $486

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $1,486,791 · program services $1,361,413 · management and general $116,121 · fundraising $9,257

• 7 · Other salaries and wages

  total $2,863,330 · program services $2,621,870 · management and general $223,632 · fundraising $17,828

• 8 · Pension plan contributions

  total $311,111 · program services $284,876 · management and general $24,298 · fundraising $1,937

• 9 · Other employee benefits

  total $268,929 · program services $246,251 · management and general $21,004 · fundraising $1,674

• 10 · Payroll taxes

  total $275,901 · program services $252,635 · management and general $21,548 · fundraising $1,718

• 11b · Fees: legal

  total $134,935 · program services $122,761 · management and general $11,970 · fundraising $204

• 11c · Fees: accounting

  total $60,438 · program services $54,986 · management and general $5,361 · fundraising $91

• 11d · Fees: lobbying

  total $72,833 · program services $66,262 · management and general $6,461 · fundraising $110

• 11g · Fees: other

  total $49,609,331 · program services $49,268,611 · management and general $335,022 · fundraising $5,698

• 12 · Advertising and promotion

  total $134,830 · program services $134,741 · fundraising $89

• 13 · Office expenses

  total $53,360 · program services $53,309 · fundraising $51

• 16 · Occupancy

  total $485,435 · program services $417,617 · management and general $63,320 · fundraising $4,498

• 17 · Travel

  total $195,935 · program services $167,860 · management and general $27,994 · fundraising $81

• 19 · Conferences, conventions and meetings

  total $358,011 · program services $295,730 · management and general $62,259 · fundraising $22

• 20 · Interest

  total $6,571 · fundraising $6,571

• 22 · Depreciation, depletion and amortization

  total $110,995 · program services $107,751 · management and general $2,722 · fundraising $522

• 24a · Other expenses: GRANT MATCH

  total $250,000 · program services $250,000

• 24b · Other expenses: MISCELLANEOUS

  total $210,432 · program services $141,800 · management and general $68,472 · fundraising $160

• 24c · Other expenses: CONTRIBUTIONS & GIFTS

  total $156,528 · program services $156,528

• 24d · Other expenses: EMPLOYEE MORALE

  total $32,678 · program services $32,678

• 24e · All other expenses

  total $59,526 · program services $44,446 · management and general $15,059 · fundraising $21

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $11,845,902 · end of year $15,381,952

• 2 · Savings and temporary cash investments

  beginning of year $600,000 · end of year $600,000

• 3 · Pledges and grants receivable

  beginning of year $4,018,660 · end of year $5,912,018

• 4 · Accounts receivable

  beginning of year $3,873 · end of year $5,010

• 9 · Prepaid expenses and deferred charges

  beginning of year $703,483 · end of year $309,821

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

  $13,996,592

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

  $507,005

• 10c · Land, buildings and equipment, net

  beginning of year $1,746,004 · end of year $13,489,587

• 11 · Investments: publicly traded securities

  beginning of year $535,563 · end of year $740,448

• 15 · Other assets

  beginning of year $97,640 · end of year $9,947

• 17 · Accounts payable and accrued expenses

  beginning of year $5,812,473 · end of year $7,219,473

• 19 · Deferred revenue

  beginning of year $506,026 · end of year $486,821

• 23 · Secured mortgages and notes payable

  end of year $6,289,786

• 25 · Other liabilities

  beginning of year $633,203 · end of year $750,395

• 27 · Net assets without donor restrictions

  beginning of year $12,410,776 · end of year $14,531,796

• 28 · Net assets with donor restrictions

  beginning of year $188,647 · end of year $7,170,512

The filer's explanations (Part III)

PART I, LINE 3

THE ORGANIZATION USES A COMPENSATION COMMITTEE EVERY YEAR; ADDITIONALLY, AN INDEPENDENT CONSULTING FIRM WAS ENGAGED TO RESEARCH EXECUTIVE COMPENSATION AND PROVIDE UPDATED RECOMMENDATIONS FOR SALARY RANGES FOR UPPER LEVEL MANAGEMENT IN FEBRUARY 2020.

PART I, LINE 7

BONUSES: JOSEPH PIERLE, CEO, RECEIVED A GROSS BONUS OF UP TO EIGHT PERCENT OF HIS GROSS BASE ANNUAL SALARY BASED ON THE RESULTS OF HIS ANNUAL PERFORMANCE EVALUATION. SAMUEL JOSEPH, SVP, RECEIVED A BONUS THAT WAS NOT A PERCENT OF HIS BASE PAY. THIS BONUS WAS DETERMINED BY THE CEO AFTER EVALUATING HIS JOB PERFORMANCE AND THE MARKET.