Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $20,050,288

• 1g · Noncash contributions included above

  $3,091,112

• 2a · Program service revenue: SERVICES FOR URI & AFF

  total $7,321,087 · related or exempt $7,321,087

• 3 · Investment income

  total $5,198,718 · unrelated business -$15,799 · excluded $5,214,517

• 7a · Gross sales of assets other than inventory

  securities $20,530,523

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

  securities $19,645,308

• 7c · Gain or loss

  securities $885,215

• 7d · Net gain or loss

  total $885,215 · excluded $885,215

• 8a · Fundraising events: gross income

  $58,391

• 8b · Fundraising events: direct expenses

  $45,801

• 8c · Net income from fundraising events

  total $12,590 · excluded $12,590

• 9a · Gaming: gross income

  $43,455

• 9b · Gaming: direct expenses

  $15,792

• 9c · Net income from gaming

  total $27,663 · excluded $27,663

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $26,038,061 · program services $26,038,061

• 5 · Compensation of officers, directors and key employees

  total $920,641 · management and general $276,192 · fundraising $644,449

• 7 · Other salaries and wages

  total $6,457,828 · management and general $1,835,998 · fundraising $4,621,830

• 8 · Pension plan contributions

  total $545,836 · management and general $182,159 · fundraising $363,677

• 9 · Other employee benefits

  total $1,041,980 · management and general $280,686 · fundraising $761,294

• 10 · Payroll taxes

  total $610,060 · management and general $201,320 · fundraising $408,740

• 11b · Fees: legal

  total $91,534 · management and general $72,692 · fundraising $18,842

• 11c · Fees: accounting

  total $100,121 · management and general $100,121

• 11d · Fees: lobbying

  total $104,000 · fundraising $104,000

• 11f · Fees: investment management

  total $1,657,911 · management and general $1,657,911

• 11g · Fees: other

  total $202,585 · management and general $56,420 · fundraising $146,165

• 13 · Office expenses

  total $474,948 · management and general $145,834 · fundraising $329,114

• 16 · Occupancy

  total $227,019 · management and general $189,884 · fundraising $37,135

• 17 · Travel

  total $190,842 · management and general $59,122 · fundraising $131,720

• 22 · Depreciation, depletion and amortization

  total $116,630 · management and general $116,630

• 23 · Insurance

  total $155,328 · management and general $155,328

• 24a · Other expenses: DONOR CULTIVATION

  total $547,811 · management and general $396,750 · fundraising $151,061

• 24b · Other expenses: DUES & SUBSCRIPTIONS

  total $390,837 · management and general $34,796 · fundraising $356,041

• 24c · Other expenses: TEMP & STUDENT HELP

  total $75,619 · management and general $57,677 · fundraising $17,942

• 24d · Other expenses: PROFESSIONAL DEVELOPMEN

  total $22,551 · management and general $19,826 · fundraising $2,725

• 24e · All other expenses

  total $3,071 · fundraising $3,071

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,240,640 · end of year $2,213,654

• 2 · Savings and temporary cash investments

  beginning of year $11,820,364 · end of year $19,863,195

• 3 · Pledges and grants receivable

  beginning of year $17,224,806 · end of year $11,933,301

• 4 · Accounts receivable

  beginning of year $9,585 · end of year $517,713

• 7 · Other notes and loans receivable

  beginning of year $1,481 · end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $272,515 · end of year $293,242

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

  $3,362,708

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

  $1,668,095

• 10c · Land, buildings and equipment, net

  beginning of year $1,709,789 · end of year $1,694,613

• 11 · Investments: publicly traded securities

  beginning of year $249,665,774 · end of year $255,023,694

• 14 · Intangible assets

  beginning of year $95,180 · end of year $101,347

• 15 · Other assets

  beginning of year $112,587 · end of year $184,772

• 17 · Accounts payable and accrued expenses

  beginning of year $1,027,277 · end of year $1,111,715

• 19 · Deferred revenue

  beginning of year $1,276,444 · end of year $1,243,621

• 25 · Other liabilities

  beginning of year $5,817,803 · end of year $6,276,912

• 27 · Net assets without donor restrictions

  beginning of year $11,161,236 · end of year $11,983,938

• 28 · Net assets with donor restrictions

  beginning of year $263,869,961 · end of year $271,209,345

The filer's explanations (Part III)

PART I, LINE 4B

ELIZABETH O'ROURKE 457B NON QUALIFIED RETIREMENT PLAN

PART I, LINE 5

FOR ALL PARTICIPANTS, THE TARGET BONUS UNDER THE LONG-TERM INCENTIVE BONUS PLAN FOR EACH YEAR OF THE PERFORMANCE PERIOD IS TYPICALLY 4% OF SALARY, WITH A THRESHOLD BONUS OF 2% OF SALARY. THESE AMOUNTS MAY BE ADJUSTED UP OR DOWN BY THE EXECUTIVE COMMITTEE. THIS PLAN REWARDS FOR PROGRESS ON ACHIEVING ANNUAL GOALS TOWARDS THE LARGER SIX-YEAR CAPITAL CAMPAIGN GOAL, WHICH IS CURRENTLY SET AT $300 MILLION. BONUS AMOUNTS ARE EARNED ANNUALLY, SET ASIDE, AND PAID OUT AT THE END OF THREE YEARS.