Form 990 for tax year 2023

1f · All other contributions, gifts and grants

$190,648

1g · Noncash contributions included above

$85,375

3 · Investment income

total $3,484,521 · related or exempt $3,484,521

4 · Income from investment of tax-exempt bond proceeds

total $0

5 · Royalties

total $4,753,920 · related or exempt $4,753,920

6d · Net rental income or loss

total $0

7a · Gross sales of assets other than inventory

securities $23,944,227

7b · Less cost or other basis and sales expenses

securities $20,533,241

7c · Gain or loss

securities $3,410,986

7d · Net gain or loss

total $3,410,986 · related or exempt $3,410,986

8c · Net income from fundraising events

total $0

9c · Net income from gaming

total $0

10c · Net income from sales of inventory

total $0

11a · Other revenue: Electric COOP

total $1,063 · related or exempt $1,063

11b · Other revenue: Grain COOP

total $3,536 · related or exempt $3,536

11c · Other revenue: Trustee Fee Income

total $411 · related or exempt $411

11e · Other revenue, total

$5,010

1 · Grants to domestic organizations and governments

total $0

2 · Grants to domestic individuals

total $5,000 · program services $5,000

3 · Grants to foreign organizations and individuals

total $0

4 · Benefits paid to or for members

total $0

5 · Compensation of officers, directors and key employees

total $0

6 · Compensation of disqualified persons

total $0

7 · Other salaries and wages

total $0

8 · Pension plan contributions

total $0

9 · Other employee benefits

total $0

10 · Payroll taxes

total $0

11a · Fees: management

total $635,931 · management and general $72,269 · fundraising $563,662

11b · Fees: legal

total $2,680 · management and general $2,680

11c · Fees: accounting

total $17,000 · management and general $17,000

11d · Fees: lobbying

total $0

11e · Fees: professional fundraising services

total $0

11f · Fees: investment management

total $307,422 · management and general $307,422

11g · Fees: other

total $2,016 · management and general $2,016

12 · Advertising and promotion

total $54,752 · management and general $1,456 · fundraising $53,296

13 · Office expenses

total $8,721 · management and general $2,758 · fundraising $5,963

14 · Information technology

total $20,494 · management and general $672 · fundraising $19,822

15 · Royalties

total $0

16 · Occupancy

total $4,314 · management and general $2,746 · fundraising $1,568

17 · Travel

total $32,396 · fundraising $32,396

18 · Travel or entertainment for public officials

total $0

19 · Conferences, conventions and meetings

total $2,060 · management and general $1,919 · fundraising $141

20 · Interest

total $0

21 · Payments to affiliates

total $7,869,140 · program services $7,869,140

22 · Depreciation, depletion and amortization

total $1,528,260 · management and general $1,528,260

23 · Insurance

total $20,825 · management and general $10,186 · fundraising $10,639

24a · Other expenses: Taxes

total $180,509 · management and general $180,509

24b · Other expenses: Investment Asset Maintenance

total $75,040 · management and general $75,040

24c · Other expenses: Trust Expenses

total $73,254 · program services $73,254

24d · Other expenses: Dues and Subscriptions

total $1,684 · management and general $378 · fundraising $1,306

24e · All other expenses

total $852 · management and general $577 · fundraising $275

1 · Cash, non-interest-bearing

end of year $0

2 · Savings and temporary cash investments

beginning of year $4,838,057 · end of year $5,756,038

3 · Pledges and grants receivable

end of year $0

4 · Accounts receivable

beginning of year $273 · end of year $86

5 · Loans and receivables from officers and key people

end of year $0

6 · Loans and receivables from disqualified persons

end of year $0

7 · Other notes and loans receivable

beginning of year $10,840 · end of year $8,180

8 · Inventories for sale or use

end of year $0

9 · Prepaid expenses and deferred charges

end of year $0

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

$171,132

10b · Land, buildings and equipment: accumulated depreciation

$171,132

10c · Land, buildings and equipment, net

end of year $0

11 · Investments: publicly traded securities

beginning of year $140,286,195 · end of year $161,254,920

12 · Investments: other securities

end of year $0

13 · Investments: program-related

end of year $0

14 · Intangible assets

end of year $0

15 · Other assets

beginning of year $34,258,428 · end of year $32,734,998

25 · Other liabilities

beginning of year $6,014,027 · end of year $5,142,543

27 · Net assets without donor restrictions

beginning of year $170,467,148 · end of year $191,685,280

28 · Net assets with donor restrictions

beginning of year $2,912,618 · end of year $2,926,399