Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $67,653

• 1d · Related organizations

  $352,000

• 1e · Government grants (contributions)

  $406,502

• 1f · All other contributions, gifts and grants

  $397,912

• 1g · Noncash contributions included above

  $24,509

• 2a · Program service revenue: CAMP FEES

  total $5,175 · related or exempt $5,175

• 3 · Investment income

  total $40,180 · excluded $40,180

• 8a · Fundraising events: gross income

  $31,039

• 8a · Fundraising events: contributions included on line 1c

  $67,653

• 8b · Fundraising events: direct expenses

  $50,527

• 8c · Net income from fundraising events

  total -$19,488 · excluded -$19,488

• 11a · Other revenue: FISCAL SPONSORSHIP FEE

  total $3,651 · excluded $3,651

• 11e · Other revenue, total

  $3,651

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $5,344 · program services $5,344

• 2 · Grants to domestic individuals

  total $8,000 · program services $8,000

• 5 · Compensation of officers, directors and key employees

  total $71,940 · management and general $71,940

• 7 · Other salaries and wages

  total $497,237 · program services $319,568 · management and general $149,141 · fundraising $28,528

• 8 · Pension plan contributions

  total $34,899 · program services $17,468 · management and general $15,434 · fundraising $1,997

• 9 · Other employee benefits

  total $82,312 · program services $54,334 · management and general $27,461 · fundraising $517

• 10 · Payroll taxes

  total $43,308 · program services $24,349 · management and general $16,794 · fundraising $2,165

• 11b · Fees: legal

  total $9,439 · program services $2,492 · management and general $6,947

• 11c · Fees: accounting

  total $9,932 · management and general $9,932

• 11f · Fees: investment management

  total $6,939 · management and general $6,939

• 11g · Fees: other

  total $253,292 · program services $253,292

• 12 · Advertising and promotion

  total $1,777 · program services $1,777

• 13 · Office expenses

  total $11,189 · program services $8,129 · management and general $2,444 · fundraising $616

• 14 · Information technology

  total $17,112 · program services $6,332 · management and general $10,780

• 16 · Occupancy

  total $76,569 · program services $42,623 · management and general $33,946

• 17 · Travel

  total $62,122 · program services $59,366 · management and general $1,078 · fundraising $1,678

• 19 · Conferences, conventions and meetings

  total $42,178 · program services $40,178 · management and general $2,000

• 24a · Other expenses: EQUIPMENT AND MAINTENAN

  total $8,575 · management and general $8,575

• 24b · Other expenses: OVERHEAD ALLOCATION

  total $0 · program services $137,599 · management and general -$152,316 · fundraising $14,717

• 24e · All other expenses

  total $10,423 · program services $636 · management and general $9,787

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $122,181 · end of year $96,007

• 2 · Savings and temporary cash investments

  beginning of year $151,372 · end of year $155,650

• 3 · Pledges and grants receivable

  end of year $23,766

• 4 · Accounts receivable

  beginning of year $171,010 · end of year $120,239

• 9 · Prepaid expenses and deferred charges

  beginning of year $7,259 · end of year $19,143

• 11 · Investments: publicly traded securities

  beginning of year $594,169 · end of year $665,650

• 12 · Investments: other securities

  beginning of year $168,767 · end of year $219,495

• 15 · Other assets

  beginning of year $304,303 · end of year $295,719

• 17 · Accounts payable and accrued expenses

  beginning of year $115,792 · end of year $136,459

• 25 · Other liabilities

  beginning of year $88,943 · end of year $78,023

• 27 · Net assets without donor restrictions

  beginning of year $881,908 · end of year $791,417

• 28 · Net assets with donor restrictions

  beginning of year $432,418 · end of year $589,770

The filer's explanations (Part III)

PART I, LINE 3

COMPENSATION PAID BY A RELATED ORGANIZATION TO THE CEO IS ESTABLISHED BY BOARD APPROVAL, AND A COMPENSATION STUDY WAS COMPLETED IN 2024.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• FARMERS UNION SERVICE ASSOCIATION

  C · INSURANCE · CO

  Directly controlled by ROCKY MOUNTAIN FARMERS UNION