Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1c · Fundraising events

  $6,767

• 2a · Program service revenue: CONTRACT ADMIN. FEE IN

  total $961,065 · related or exempt $961,065

• 2b · Program service revenue: MEMBERSHIP DUES

  total $956,180 · related or exempt $956,180

• 2c · Program service revenue: MEETINGS, CONVENTIONS,

  total $480,254 · related or exempt $480,254

• 2d · Program service revenue: SAFETY INCOME

  total $251,857 · related or exempt $251,857

• 2e · Program service revenue: STP/SLS REVENUE

  total $72,065 · related or exempt $72,065

• 2f · All other program service revenue

  total $117,070 · related or exempt $91,239 · unrelated business $25,831

• 3 · Investment income

  total $65,798 · excluded $65,798

• 7a · Gross sales of assets other than inventory

  securities $486,429

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

  securities $448,372

• 7c · Gain or loss

  securities $38,057

• 7d · Net gain or loss

  total $38,057 · excluded $38,057

• 8a · Fundraising events: gross income

  $58,139

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

  $6,767

• 8b · Fundraising events: direct expenses

  $63,676

• 8c · Net income from fundraising events

  total -$5,537 · excluded -$5,537

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $401,084

• 7 · Other salaries and wages

  total $1,114,416

• 8 · Pension plan contributions

  total $87,656

• 9 · Other employee benefits

  total $105,785

• 10 · Payroll taxes

  total $93,612

• 11b · Fees: legal

  total $974

• 11c · Fees: accounting

  total $33,354

• 11d · Fees: lobbying

  total $90,312

• 11f · Fees: investment management

  total $19,280

• 12 · Advertising and promotion

  total $2,297

• 13 · Office expenses

  total $58,720

• 14 · Information technology

  total $53,078

• 16 · Occupancy

  total $61,634

• 17 · Travel

  total $49,542

• 19 · Conferences, conventions and meetings

  total $432,807

• 20 · Interest

  total $943

• 21 · Payments to affiliates

  total $133,585

• 22 · Depreciation, depletion and amortization

  total $79,823

• 23 · Insurance

  total $29,980

• 24a · Other expenses: STP EXPENSES

  total $24,262

• 24b · Other expenses: DUES AND SUBSCRIPTIONS

  total $19,005

• 24c · Other expenses: SAFETY EXPENSES

  total $15,914

• 24d · Other expenses: PRINTING AND PUBLICATIO

  total $15,289

• 24e · All other expenses

  total $72,904

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $1,829,911 · end of year $2,006,862

• 4 · Accounts receivable

  beginning of year $203,574 · end of year $161,775

• 9 · Prepaid expenses and deferred charges

  beginning of year $69,413 · end of year $52,951

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

  $1,585,359

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

  $1,101,379

• 10c · Land, buildings and equipment, net

  beginning of year $548,610 · end of year $483,980

• 11 · Investments: publicly traded securities

  beginning of year $716,515 · end of year $765,917

• 17 · Accounts payable and accrued expenses

  beginning of year $362,564 · end of year $460,890

• 19 · Deferred revenue

  beginning of year $247,389 · end of year $155,642

• 23 · Secured mortgages and notes payable

  beginning of year $5,889 · end of year $3,050

• 27 · Net assets without donor restrictions

  beginning of year $2,752,181 · end of year $2,851,903

The filer's explanations (Part III)

PART I, LINE 4A

DURING THE 2024 CALENDAR YEAR, MICHAEL A. TESTOLIN RECEIVED A SEVERANCE PAYMENT OF $48,875. THIS PAYMENT IS REPORTED AS TAXABLE COMPENSATION ON PART II, COLUMN B(III).