Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $809,124

• 1e · Government grants (contributions)

  $10,000

• 1f · All other contributions, gifts and grants

  $60,000

• 2a · Program service revenue: MEMBERSHIP MEETINGS

  total $60,823 · related or exempt $60,823

• 2b · Program service revenue: EDUCATIONAL SEMINARS

  total $58,520 · related or exempt $58,520

• 2c · Program service revenue: FUTURE LEADERS PROGRAM

  total $30,154 · related or exempt $30,154

• 2d · Program service revenue: PUBLICATION ADVERTISIN

  total $13,920 · unrelated business $13,920

• 3 · Investment income

  total $21,039 · excluded $21,039

• 7a · Gross sales of assets other than inventory

  other assets $22,000

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

  other assets $0

• 7c · Gain or loss

  other assets $22,000

• 7d · Net gain or loss

  total $22,000 · related or exempt $22,000

• 8a · Fundraising events: gross income

  $179,352

• 8b · Fundraising events: direct expenses

  $85,325

• 8c · Net income from fundraising events

  total $94,027 · excluded $94,027

• 11a · Other revenue: MISCELLANEOUS

  total $19,860 · related or exempt $19,860

• 11b · Other revenue: ADMINISTRATIVE REVENUE

  total $8,164 · related or exempt $8,164

• 11e · Other revenue, total

  $28,024

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $40,900 · program services $40,900

• 5 · Compensation of officers, directors and key employees

  total $142,912 · program services $85,748 · management and general $28,582 · fundraising $28,582

• 7 · Other salaries and wages

  total $208,195 · program services $123,020 · management and general $46,231 · fundraising $38,944

• 8 · Pension plan contributions

  total $16,555 · program services $9,843 · management and general $3,528 · fundraising $3,184

• 9 · Other employee benefits

  total $28,224 · program services $16,782 · management and general $6,014 · fundraising $5,428

• 10 · Payroll taxes

  total $26,140 · program services $15,543 · management and general $5,570 · fundraising $5,027

• 11c · Fees: accounting

  total $26,335 · management and general $26,335

• 11d · Fees: lobbying

  total $96,435 · program services $96,435

• 11g · Fees: other

  total $11,860 · program services $11,860

• 12 · Advertising and promotion

  total $3,174 · management and general $3,174

• 13 · Office expenses

  total $38,406 · program services $21,469 · management and general $15,728 · fundraising $1,209

• 16 · Occupancy

  total $25,840 · program services $15,217 · management and general $9,505 · fundraising $1,118

• 17 · Travel

  total $58,210 · program services $54,812 · management and general $1,786 · fundraising $1,612

• 19 · Conferences, conventions and meetings

  total $45,924 · program services $42,474 · fundraising $3,450

• 21 · Payments to affiliates

  total $110,580 · program services $110,580

• 22 · Depreciation, depletion and amortization

  total $14,112 · program services $7,660 · management and general $5,221 · fundraising $1,231

• 23 · Insurance

  total $10,016 · program services $5,259 · management and general $4,256 · fundraising $501

• 24a · Other expenses: MEMBERSHIP DUES

  total $25,450 · program services $25,450

• 24b · Other expenses: FOOD & BEVERAGE

  total $21,987 · program services $21,987

• 24c · Other expenses: DUES & SUBSCRIPTIONS

  total $12,526 · program services $1,050 · management and general $11,476

• 24d · Other expenses: CREDIT LOSS EXPENSE

  total $6,304 · program services $3,034 · management and general $3,270

• 24e · All other expenses

  total $30,560 · program services $18,818 · management and general $11,607 · fundraising $135

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $292,751 · end of year $312,920

• 2 · Savings and temporary cash investments

  beginning of year $557,758 · end of year $572,800

• 4 · Accounts receivable

  beginning of year $50,406 · end of year $49,161

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,854 · end of year $4,424

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

  $650,200

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

  $497,916

• 10c · Land, buildings and equipment, net

  beginning of year $49,659 · end of year $152,284

• 11 · Investments: publicly traded securities

  end of year $155,721

• 15 · Other assets

  beginning of year $0 · end of year $75

• 17 · Accounts payable and accrued expenses

  beginning of year $16,648 · end of year $82,402

• 19 · Deferred revenue

  beginning of year $51,631 · end of year $44,235

• 25 · Other liabilities

  beginning of year $64,109 · end of year $82,103

• 27 · Net assets without donor restrictions

  beginning of year $820,040 · end of year $1,038,645

The filer's explanations (Part III)

FORM 990, PART VI, LINE 15A

THE EXECUTIVE VICE PRESIDENT'S COMPENSATION IS APPROVED BY THE BOARD ON AN ANNUAL BASIS AND IS COMPARED TO OTHER AGC STATE CHAPTERS.