Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $120,000

• 2a · Program service revenue: MEMBERSHIP DUES

  total $23,964,439 · related or exempt $23,964,439

• 2b · Program service revenue: SPONSORSHIP

  total $5,826,500 · related or exempt $5,826,500

• 2c · Program service revenue: MEETINGS & EXHIBIT

  total $3,834,205 · related or exempt $3,749,205 · unrelated business $85,000

• 2d · Program service revenue: GRANT CONTRACT INCOME

  total $1,693,553 · related or exempt $1,693,553

• 2e · Program service revenue: PERIODICALS

  total $794,088 · related or exempt $116,622 · unrelated business $677,466

• 2f · All other program service revenue

  total $2,046,135 · related or exempt $2,027,443 · unrelated business $18,692

• 3 · Investment income

  total $439,765 · excluded $439,765

• 6a · Gross rents

  real property $462,110

• 6b · Less rental expenses

  real property $80,778

• 6c · Rental income or loss

  real property $381,332

• 6d · Net rental income or loss

  total $381,332 · excluded $381,332

• 7a · Gross sales of assets other than inventory

  securities $34,665,440

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

  securities $31,366,785

• 7c · Gain or loss

  securities $3,298,655

• 7d · Net gain or loss

  total $3,298,655 · excluded $3,298,655

• 10a · Gross sales of inventory

  $1,000,982

• 10b · Cost of goods sold

  $319,755

• 10c · Net income from sales of inventory

  total $681,227 · related or exempt $681,227

• 11a · Other revenue: COMMISSIONS

  total $949,441 · unrelated business $949,441

• 11b · Other revenue: PARKING

  total $460 · excluded $460

• 11e · Other revenue, total

  $949,901

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $686,000

• 5 · Compensation of officers, directors and key employees

  total $7,278,854

• 7 · Other salaries and wages

  total $10,590,831

• 8 · Pension plan contributions

  total $812,761

• 9 · Other employee benefits

  total $1,153,211

• 10 · Payroll taxes

  total $936,333

• 11b · Fees: legal

  total $493,604

• 11c · Fees: accounting

  total $62,519

• 11d · Fees: lobbying

  total $2,178,876

• 11f · Fees: investment management

  total $73,301

• 11g · Fees: other

  total $5,058,694

• 12 · Advertising and promotion

  total $5,538,516

• 13 · Office expenses

  total $651,725

• 14 · Information technology

  total $1,201,671

• 15 · Royalties

  total $232,604

• 16 · Occupancy

  total $352,349

• 17 · Travel

  total $1,278,604

• 19 · Conferences, conventions and meetings

  total $5,065,246

• 20 · Interest

  total $432

• 22 · Depreciation, depletion and amortization

  total $1,312,796

• 23 · Insurance

  total $164,698

• 24a · Other expenses: INCOME TAX

  total $120,668

• 24b · Other expenses: PAC ADMIN EXPENSES

  total $576,286

• 24c · Other expenses: TAXES AND LICENSES

  total $224,178

• 24d · Other expenses: DUES AND SUBSCRIPTIONS

  total $174,983

• 24e · All other expenses

  total -$31,731

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,662,441 · end of year $1,127,597

• 4 · Accounts receivable

  beginning of year $4,979,420 · end of year $3,362,278

• 7 · Other notes and loans receivable

  beginning of year $16,667 · end of year $0

• 8 · Inventories for sale or use

  beginning of year $69,388 · end of year $131,094

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,053,677 · end of year $1,209,039

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

  $22,535,625

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

  $16,570,252

• 10c · Land, buildings and equipment, net

  beginning of year $6,571,226 · end of year $5,965,373

• 11 · Investments: publicly traded securities

  beginning of year $27,094,660 · end of year $22,277,517

• 15 · Other assets

  beginning of year $492,509 · end of year $745,150

• 17 · Accounts payable and accrued expenses

  beginning of year $1,625,638 · end of year $2,865,876

• 19 · Deferred revenue

  beginning of year $1,873,009 · end of year $1,295,118

• 25 · Other liabilities

  beginning of year $4,607,446 · end of year $4,507,167

• 27 · Net assets without donor restrictions

  beginning of year $34,833,895 · end of year $26,149,887

• 28 · Net assets with donor restrictions

  beginning of year $0 · end of year $0

The filer's explanations (Part III)

PART I, LINE 1A

MEMBERSHIP TO THE CAPITOL HILL CLUB AND NATIONAL DEMOCRATIC CLUB IS MAINTAINED FOR A FEW EMPLOYEES. THE CLUBS ARE USED TO HOST LARGE AND INDIVIDUAL MEETINGS WITH MEMBERS, CONGRESSIONAL LEADERS/STAFF AND LOBBYISTS. THESE AMOUNTS ARE NOT INCLUDED AS W-2 WAGES OF THE AFFECTED EMPLOYEES AS THE COSTS REPRESENT REASONABLE BUSINESS EXPENSES OF THE ASSOCIATION.

PART I, LINE 4B

A 457F PLAN WAS ESTABLISHED IN 2013 FOR THE PRESIDENT & CEO. A $425,000 CONTRIBUTION WAS MADE IN 2022 ON HIS BEHALF.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• AHCANCAL SOLUTIONS LLC

  BUSINESS SERVICES · DC · income $907,943 · assets $473,198

  Directly controlled by AMERICAN HEALTH CARE ASSOCIATION