Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $919,839

• 1f · All other contributions, gifts and grants

  $17,500

• 2a · Program service revenue: MEMBERSHIP DUES

  total $4,581,356 · related or exempt $4,581,356

• 2b · Program service revenue: ALL OTHER PROGRAMS

  total $123,183 · related or exempt $123,183

• 2c · Program service revenue: COMM HEALTH NEEDS

  total $68,317 · related or exempt $68,317

• 3 · Investment income

  total $139,190 · excluded $139,190

• 7a · Gross sales of assets other than inventory

  securities $2,638,138

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

  securities $2,481,166

• 7c · Gain or loss

  securities $156,972

• 7d · Net gain or loss

  total $156,972 · excluded $156,972

• 8a · Fundraising events: gross income

  $234,575

• 8b · Fundraising events: direct expenses

  $183,664

• 8c · Net income from fundraising events

  total $50,911 · excluded $50,911

• 11a · Other revenue: COMMISSION

  total $87,099 · unrelated business $87,099

• 11b · Other revenue: ADMINISTRATIVE SERVICES

  total $29,194 · unrelated business $29,194

• 11c · Other revenue: OTHER INCOME

  total $7,201 · related or exempt $7,201

• 11e · Other revenue, total

  $123,494

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $1,392,370

• 7 · Other salaries and wages

  total $912,485

• 8 · Pension plan contributions

  total $104,917

• 9 · Other employee benefits

  total $154,708

• 10 · Payroll taxes

  total $198,609

• 11b · Fees: legal

  total $12,592

• 11c · Fees: accounting

  total $33,708

• 11f · Fees: investment management

  total $36,822

• 11g · Fees: other

  total $975,804

• 13 · Office expenses

  total $109,541

• 14 · Information technology

  total $4,386

• 16 · Occupancy

  total $181,453

• 17 · Travel

  total $123,668

• 19 · Conferences, conventions and meetings

  total $122,091

• 22 · Depreciation, depletion and amortization

  total $12,980

• 23 · Insurance

  total $12,183

• 24a · Other expenses: UNRELATED BUSINESS INCO

  total $26,748

• 24b · Other expenses: PROGRAMS

  total $724,077

• 24c · Other expenses: REPAIRS AND MAINTENANCE

  total $45,000

• 24d · Other expenses: AUTO EXPENSE

  total $32,194

• 24e · All other expenses

  total $65,235

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $150,934 · end of year $585,471

• 2 · Savings and temporary cash investments

  beginning of year $293,729 · end of year $69,167

• 3 · Pledges and grants receivable

  beginning of year $242,166 · end of year $305,048

• 4 · Accounts receivable

  beginning of year $991,265 · end of year $1,266,683

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

  $206,374

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

  $198,105

• 10c · Land, buildings and equipment, net

  beginning of year $19,648 · end of year $8,269

• 11 · Investments: publicly traded securities

  beginning of year $4,216,696 · end of year $3,512,542

• 15 · Other assets

  beginning of year $426,635 · end of year $1,280,512

• 17 · Accounts payable and accrued expenses

  beginning of year $1,308,509 · end of year $852,291

• 19 · Deferred revenue

  beginning of year $113,950 · end of year $463,656

• 25 · Other liabilities

  beginning of year $328,638 · end of year $170,251

• 27 · Net assets without donor restrictions

  beginning of year $4,589,976 · end of year $5,541,494

The filer's explanations (Part III)

PART I, LINE 1A

THE PRESIDENT/CEO IS ONLY ENTITLED TO EITHER HEALTH OR SOCIAL CLUB DUES. INVOICES ARE MAILED DIRECTLY TO THE ASSOCIATION. THERE WAS NO PERSONAL USE FOR THE YEAR.