Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $3,972,436

• 1e · Government grants (contributions)

  $872,000

• 1f · All other contributions, gifts and grants

  $80,000

• 2a · Program service revenue: MEMBERSHIP REVENUE

  total $10,208,296 · related or exempt $10,208,296

• 2b · Program service revenue: SERVICE AND ASSESMENT CENTER FEES

  total $443,980 · related or exempt $443,980

• 2c · Program service revenue: PUBLICATION

  total $305,410 · related or exempt $17,961 · unrelated business $287,449

• 2d · Program service revenue: CONFERENCE AND MEETINGS

  total $155,207 · related or exempt $145,007 · excluded $10,200

• 3 · Investment income

  total $966,195 · excluded $966,195

• 5 · Royalties

  total $225,069 · excluded $225,069

• 6a · Gross rents

  real property $27,748

• 6b · Less rental expenses

  real property $9,568

• 6c · Rental income or loss

  real property $18,180

• 6d · Net rental income or loss

  total $18,180 · excluded $18,180

• 7a · Gross sales of assets other than inventory

  securities $24,934,201

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

  securities $26,816,665

• 7c · Gain or loss

  securities -$1,882,464

• 7d · Net gain or loss

  total -$1,882,464 · excluded -$1,882,464

• 10a · Gross sales of inventory

  $9,774,324

• 10b · Cost of goods sold

  $2,288,844

• 10c · Net income from sales of inventory

  total $7,485,480 · related or exempt $7,485,480

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $2,292,141 · program services $2,292,141

• 5 · Compensation of officers, directors and key employees

  total $1,723,005 · program services $913,192 · management and general $809,813

• 7 · Other salaries and wages

  total $4,350,103 · program services $1,618,376 · management and general $2,731,727

• 8 · Pension plan contributions

  total $275,728 · program services $105,768 · management and general $169,960

• 9 · Other employee benefits

  total $2,611,869 · program services $1,068,014 · management and general $1,543,855

• 10 · Payroll taxes

  total $399,794 · program services $165,315 · management and general $234,479

• 11b · Fees: legal

  total $54,915 · program services $770 · management and general $54,145

• 11c · Fees: accounting

  total $60,923 · management and general $60,923

• 11f · Fees: investment management

  total $142,112 · management and general $142,112

• 11g · Fees: other

  total $5,129,666 · program services $2,223,796 · management and general $2,905,870

• 13 · Office expenses

  total $904,224 · program services $305,025 · management and general $599,199

• 16 · Occupancy

  total $231,689 · program services $61,131 · management and general $170,558

• 17 · Travel

  total $1,591,303 · program services $1,042,200 · management and general $549,103

• 19 · Conferences, conventions and meetings

  total $762,722 · program services $477,117 · management and general $285,605

• 22 · Depreciation, depletion and amortization

  total $556,504 · program services $109,963 · management and general $446,541

• 23 · Insurance

  total $414,257 · program services $398,699 · management and general $15,558

• 24a · Other expenses: PROGRAM DELIVERY/FULFIL

  total $1,436,798 · program services $503,190 · management and general $933,608

• 24b · Other expenses: MAINTENANCE AND RENTAL

  total $1,011,216 · program services $420,987 · management and general $590,229

• 24c · Other expenses: SUBSCRIPTIONS/REGISTRAT

  total $203,331 · program services $44,099 · management and general $159,232

• 24d · Other expenses: OVERHEAD ALLOCATION

  total $0 · program services $115,344 · management and general -$115,344

• 24e · All other expenses

  total $63,770 · program services $21,634 · management and general $42,136

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $4,582,544 · end of year $6,321,679

• 2 · Savings and temporary cash investments

  beginning of year $1,698,400 · end of year $1,583,798

• 4 · Accounts receivable

  beginning of year $1,173,264 · end of year $978,391

• 8 · Inventories for sale or use

  beginning of year $3,577,415 · end of year $3,746,004

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,052,817 · end of year $587,014

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

  $7,774,221

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

  $7,236,825

• 10c · Land, buildings and equipment, net

  beginning of year $1,163,626 · end of year $537,396

• 11 · Investments: publicly traded securities

  beginning of year $42,436,586 · end of year $35,392,940

• 15 · Other assets

  beginning of year $419,740 · end of year $463,663

• 17 · Accounts payable and accrued expenses

  beginning of year $1,262,537 · end of year $1,702,952

• 18 · Grants payable

  beginning of year $530,690 · end of year $313,144

• 19 · Deferred revenue

  beginning of year $7,860,400 · end of year $7,856,830

• 25 · Other liabilities

  beginning of year $419,740 · end of year $1,112,621

• 27 · Net assets without donor restrictions

  beginning of year $45,612,887 · end of year $38,203,625

• 28 · Net assets with donor restrictions

  beginning of year $418,138 · end of year $421,713

The filer's explanations (Part III)

PART I, LINE 1A

THE ORGANIZATION WILL OCCASIONALLY PAY FOR THE HEALTH CLUB DUES OF EMPLOYEES. THESE AMOUNTS ARE NOT INCLUDED ON THE FORM W-2 AS TAXABLE COMPENSATION.

PART I, LINE 3

THE EXECUTIVE COMMITTEE CONDUCTS A COMPENSATION COMPARABILITY ANALYSIS FOR THE CEO POSITION PRIOR TO EXECUTING AN INITIAL OR RENEWAL CONTRACT. THIS ANALYSIS INCLUDES AN INDEPENDENT REVIEW AND CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATION AND DECISION. THERE IS A 3RD PARTY COMP STUDY THAT TAKES PLACE DURING THE LAST YEAR OF THE CONTRACT PERIOD FOR THE INCUMBENT CEO. THE LAST STUDY WAS PERFORMED IN 2020.