Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: ANNUAL MARKETPLACE

  total $6,398,000 · related or exempt $6,398,000

• 2b · Program service revenue: MEMBERSHIP DUES

  total $2,741,498 · related or exempt $2,741,498

• 2c · Program service revenue: LEADERSHIP SUMMIT

  total $1,310,875 · related or exempt $1,310,875

• 2d · Program service revenue: INSURTECH CONFERENCE

  total $382,483 · related or exempt $382,483

• 2e · Program service revenue: U40 ANNUAL MEETING

  total $153,009 · related or exempt $153,009

• 2f · All other program service revenue

  total $523,852 · related or exempt $523,852

• 3 · Investment income

  total $407,315 · excluded $407,315

• 7a · Gross sales of assets other than inventory

  securities $1,456,173

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

  securities $1,413,689

• 7c · Gain or loss

  securities $42,484

• 7d · Net gain or loss

  total $42,484 · excluded $42,484

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $25,000

• 5 · Compensation of officers, directors and key employees

  total $703,715

• 7 · Other salaries and wages

  total $2,326,831

• 8 · Pension plan contributions

  total $149,546

• 9 · Other employee benefits

  total $237,835

• 10 · Payroll taxes

  total $151,433

• 11c · Fees: accounting

  total $10,576

• 11d · Fees: lobbying

  total $303,072

• 11g · Fees: other

  total $2,429

• 13 · Office expenses

  total $60,861

• 14 · Information technology

  total $120,610

• 16 · Occupancy

  total $180,881

• 17 · Travel

  total $151,674

• 19 · Conferences, conventions and meetings

  total $4,727,808

• 22 · Depreciation, depletion and amortization

  total $37,857

• 23 · Insurance

  total $76,290

• 24a · Other expenses: COMMITTEE ACTIVITIES

  total $1,499,514

• 24b · Other expenses: BANK AND CREDIT CARD CH

  total $282,946

• 24c · Other expenses: ALL OTHER EXPENSES

  total $40,419

• 24d · Other expenses: BAD DEBT EXPENSE

  total $2,418

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $300 · end of year $302

• 2 · Savings and temporary cash investments

  beginning of year $4,136,267 · end of year $4,062,315

• 4 · Accounts receivable

  beginning of year $253,015 · end of year $226,125

• 9 · Prepaid expenses and deferred charges

  beginning of year $526,984 · end of year $657,187

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

  $322,939

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

  $238,305

• 10c · Land, buildings and equipment, net

  beginning of year $102,809 · end of year $84,634

• 11 · Investments: publicly traded securities

  beginning of year $12,853,590 · end of year $12,557,963

• 15 · Other assets

  beginning of year $950,000 · end of year $845,957

• 17 · Accounts payable and accrued expenses

  beginning of year $1,934,467 · end of year $703,592

• 19 · Deferred revenue

  beginning of year $1,638,688 · end of year $2,406,212

• 25 · Other liabilities

  beginning of year $0 · end of year $900,852

• 27 · Net assets without donor restrictions

  beginning of year $15,249,810 · end of year $14,423,827

The filer's explanations (Part III)

PART I, LINE 1A

TRAVEL FOR COMPANIONS WAS PROVIDED TO THE EXECUTIVE DIRECTOR FOR A TRIP TO THE ORGANIZATION'S UNDERWRITING SUMMIT AND ANNUAL MARKETPLACE.