Form 990 for tax year 2025

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $127,158

• 2a · Program service revenue: MEMBERSHIP DUES

  total $8,202,897 · related or exempt $8,202,897

• 2b · Program service revenue: EDUCATION SEMINARS

  total $375,286 · related or exempt $375,286

• 2c · Program service revenue: CONVENTIONS

  total $331,543 · related or exempt $331,543

• 2d · Program service revenue: EXCHANGE CONTRACTS/GOV

  total $265,460 · related or exempt $265,460

• 3 · Investment income

  total $784,830 · excluded $784,830

• 5 · Royalties

  total $23,897 · excluded $23,897

• 6a · Gross rents

  real property $3,000

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $3,000

• 6d · Net rental income or loss

  total $3,000 · related or exempt $3,000

• 7a · Gross sales of assets other than inventory

  securities $7,000,770

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

  securities $6,985,116

• 7c · Gain or loss

  securities $15,654

• 7d · Net gain or loss

  total $15,654 · excluded $15,654

• 11a · Other revenue: ADVERTISING REVENUE

  total $29,387 · unrelated business $29,387

• 11e · Other revenue, total

  $29,387

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $37,489

• 5 · Compensation of officers, directors and key employees

  total $1,512,092

• 7 · Other salaries and wages

  total $1,938,203

• 8 · Pension plan contributions

  total $157,404

• 9 · Other employee benefits

  total $258,621

• 10 · Payroll taxes

  total $324,855

• 11b · Fees: legal

  total $25,666

• 11c · Fees: accounting

  total $27,222

• 11d · Fees: lobbying

  total $256,695

• 11f · Fees: investment management

  total $84,192

• 11g · Fees: other

  total $71,061

• 12 · Advertising and promotion

  total $660,000

• 13 · Office expenses

  total $280,168

• 14 · Information technology

  total $406,155

• 16 · Occupancy

  total $295,207

• 17 · Travel

  total $430,729

• 19 · Conferences, conventions and meetings

  total $633,611

• 20 · Interest

  total $54,717

• 22 · Depreciation, depletion and amortization

  total $335,180

• 23 · Insurance

  total $48,001

• 24a · Other expenses: ADVOCACY & OUTREACH

  total $349,835

• 24b · Other expenses: EDUCATION AND TRAINING

  total $33,880

• 24c · Other expenses: EQUIPMENT RENTAL

  total $26,128

• 24d · Other expenses: MISCELLANEOUS EXPENSE

  total $3,902

• 24e · All other expenses

  total $2,263

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,550,122 · end of year $3,373,011

• 2 · Savings and temporary cash investments

  beginning of year $57,225 · end of year $116,241

• 3 · Pledges and grants receivable

  beginning of year $52,250 · end of year $110,210

• 4 · Accounts receivable

  beginning of year $83,206 · end of year $5,702

• 9 · Prepaid expenses and deferred charges

  beginning of year $139,102 · end of year $175,426

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

  $9,862,464

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

  $1,764,157

• 10c · Land, buildings and equipment, net

  beginning of year $8,258,981 · end of year $8,098,307

• 11 · Investments: publicly traded securities

  beginning of year $14,778,455 · end of year $15,611,758

• 15 · Other assets

  beginning of year $116,273 · end of year $97,581

• 17 · Accounts payable and accrued expenses

  beginning of year $603,475 · end of year $465,860

• 19 · Deferred revenue

  beginning of year $1,120,404 · end of year $1,405,857

• 23 · Secured mortgages and notes payable

  beginning of year $1,563,613 · end of year $1,406,508

• 25 · Other liabilities

  beginning of year $325,660 · end of year $326,161

• 27 · Net assets without donor restrictions

  beginning of year $21,422,462 · end of year $23,983,850

The filer's explanations (Part III)

PART I, LINE 1A

TRAVEL FOR SPOUSES/GUESTS WAS PROVIDED TO MAR OFFICERS & SENIOR STAFF TO ATTEND ANNUAL BUSINESS MEETINGS. THESE TRAVEL AMOUNTS WERE REPORTED ON THEIR FORM W-2S AND/OR 1099S. FIRST-CLASS OR CHARTER TRAVEL WAS PROVIDED FOR LEGAL UPDATES. UPGRADES WERE PROVIDED FOR TRAVELING COMPANIONS. TAX INDEMNIFICATION AND GROSS-UP PAYMENTS WERE PROVIDED TO GROSS UP TRAVEL REIMBURSEMENTS TO COVER TAXES OWED BY STAFF AND/OR OFFICERS. THE COUNTRY CLUB OF LANSING DUES WERE PAID BY THE ORGANIZATION ON BEHALF OF SENIOR STAFF FOR SOCIAL AND BUSINESS NETWORKING PURPOSES.