Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $1,200

• 1f · All other contributions, gifts and grants

  $2,005,937

• 1g · Noncash contributions included above

  $21,845

• 2a · Program service revenue: MEMBERSHIP DUES/GUEST FEES

  total $6,744,427 · related or exempt $6,744,427

• 2b · Program service revenue: PROGRAM FEES

  total $2,414,146 · related or exempt $2,414,146

• 3 · Investment income

  total $121,114 · excluded $121,114

• 6a · Gross rents

  real property $55,494

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $55,494

• 6d · Net rental income or loss

  total $55,494 · excluded $55,494

• 7a · Gross sales of assets other than inventory

  securities $129,337

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

  securities $79,011

• 7c · Gain or loss

  securities $50,326

• 7d · Net gain or loss

  total $50,326 · excluded $50,326

• 8a · Fundraising events: gross income

  $159,755

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

  $1,200

• 8b · Fundraising events: direct expenses

  $33,443

• 8c · Net income from fundraising events

  total $126,312 · excluded $126,312

• 10a · Gross sales of inventory

  $27,540

• 10b · Cost of goods sold

  $20,296

• 10c · Net income from sales of inventory

  total $7,244 · excluded $7,244

• 11a · Other revenue: OTHER INCOME

  total $25,037 · excluded $25,037

• 11e · Other revenue, total

  $25,037

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $747,335 · program services $747,335

• 5 · Compensation of officers, directors and key employees

  total $520,838 · program services $71,099 · management and general $261,480 · fundraising $188,259

• 7 · Other salaries and wages

  total $4,070,203 · program services $3,253,822 · management and general $816,381

• 8 · Pension plan contributions

  total $192,518 · program services $89,556 · management and general $79,339 · fundraising $23,623

• 9 · Other employee benefits

  total $92,392 · program services $61,178 · management and general $31,214

• 10 · Payroll taxes

  total $339,921 · program services $252,405 · management and general $74,616 · fundraising $12,900

• 11b · Fees: legal

  total $5,003 · management and general $5,003

• 11c · Fees: accounting

  total $66,011 · management and general $66,011

• 11f · Fees: investment management

  total $17,913 · management and general $17,913

• 11g · Fees: other

  total $764,523 · program services $753,809 · management and general $10,714

• 12 · Advertising and promotion

  total $57,540 · program services $51,912 · management and general $5,628

• 13 · Office expenses

  total $300,372 · program services $270,991 · management and general $29,381

• 16 · Occupancy

  total $637,040 · program services $608,534 · management and general $28,506

• 17 · Travel

  total $11,739 · program services $10,591 · management and general $1,148

• 20 · Interest

  total $352,949 · program services $330,726 · management and general $22,223

• 22 · Depreciation, depletion and amortization

  total $1,136,191 · program services $1,025,054 · management and general $111,137

• 23 · Insurance

  total $350,065 · program services $315,823 · management and general $34,242

• 24a · Other expenses: REPAIRS & MAINT.

  total $287,379 · program services $259,269 · management and general $28,110

• 24b · Other expenses: CREDIT CARD CHARGES

  total $176,392 · program services $159,138 · management and general $17,254

• 24c · Other expenses: NATIONAL AND OTHER DUES

  total $157,056 · program services $141,694 · management and general $15,362

• 24d · Other expenses: TRAINING

  total $77,396 · program services $69,825 · management and general $7,571

• 24e · All other expenses

  total $137,521 · program services $111,724 · management and general $25,797

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $69,858 · end of year $2,188

• 2 · Savings and temporary cash investments

  beginning of year $1,076,977 · end of year $1,680,711

• 3 · Pledges and grants receivable

  beginning of year $422,023 · end of year $446,321

• 9 · Prepaid expenses and deferred charges

  beginning of year $2,639 · end of year $17,907

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

  $31,671,397

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

  $13,010,178

• 10c · Land, buildings and equipment, net

  beginning of year $18,746,756 · end of year $18,661,219

• 11 · Investments: publicly traded securities

  beginning of year $2,395,044 · end of year $3,016,660

• 15 · Other assets

  beginning of year $1,267,886 · end of year $1,067,752

• 17 · Accounts payable and accrued expenses

  beginning of year $461,667 · end of year $564,987

• 19 · Deferred revenue

  beginning of year $323,016 · end of year $308,517

• 20 · Tax-exempt bond liabilities

  beginning of year $6,362,616 · end of year $6,043,674

• 21 · Escrow or custodial account liability

  beginning of year $15,880 · end of year $34,773

• 23 · Secured mortgages and notes payable

  beginning of year $23,231

• 25 · Other liabilities

  beginning of year $1,039,516 · end of year $801,273

• 27 · Net assets without donor restrictions

  beginning of year $14,604,724 · end of year $15,503,855

• 28 · Net assets with donor restrictions

  beginning of year $1,150,533 · end of year $1,635,679

The filer's explanations (Part III)

PART I, LINE 1A

THE ASSOCIATION PROVIDES MEMBERSHIPS FOR EMPLOYEES.

PART I, LINE 3

THE PRESIDENT IS REVIEWED ANNUALLY BY THE COMPENSATION COMMITTEE.