Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $1,724,462

• 2a · Program service revenue: TECHNICAL SERVICES

  total $113,508,846 · related or exempt $113,508,846

• 2b · Program service revenue: MEETING REGISTRATION

  total $9,157,421 · related or exempt $6,064,388 · unrelated business $430,417 · excluded $2,662,616

• 2c · Program service revenue: MEMBERSHIP DUES

  total $2,800,185 · related or exempt $2,800,185

• 3 · Investment income

  total $8,773,076 · excluded $8,773,076

• 7a · Gross sales of assets other than inventory

  securities $44,821,057

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

  securities $41,681,065

• 7c · Gain or loss

  securities $3,139,992

• 7d · Net gain or loss

  total $3,139,992 · excluded $3,139,992

• 10a · Gross sales of inventory

  $4,698,463

• 10b · Cost of goods sold

  $47,871

• 10c · Net income from sales of inventory

  total $4,650,592 · related or exempt $4,650,592

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $146,200 · program services $146,200

• 5 · Compensation of officers, directors and key employees

  total $1,503,438 · program services $974,437 · management and general $529,001

• 7 · Other salaries and wages

  total $11,493,607 · program services $7,449,458 · management and general $4,044,149

• 8 · Pension plan contributions

  total $817,275 · program services $529,708 · management and general $287,567

• 9 · Other employee benefits

  total $4,162,513 · program services $2,697,888 · management and general $1,464,625

• 10 · Payroll taxes

  total $1,063,959 · program services $689,594 · management and general $374,365

• 11b · Fees: legal

  total $220,546 · program services $146,654 · management and general $73,892

• 11c · Fees: accounting

  total $97,440 · management and general $97,440

• 11f · Fees: investment management

  total $506,807 · management and general $506,807

• 11g · Fees: other

  total $92,676,074 · program services $92,021,092 · management and general $654,982

• 13 · Office expenses

  total $1,403,224 · program services $1,253,710 · management and general $149,514

• 14 · Information technology

  total $1,004,918 · program services $793,699 · management and general $211,219

• 16 · Occupancy

  total $2,105,307 · program services $1,787,899 · management and general $317,408

• 17 · Travel

  total $4,336,989 · program services $3,923,736 · management and general $413,253

• 19 · Conferences, conventions and meetings

  total $8,032,161 · program services $1,382,838 · management and general $6,649,323

• 22 · Depreciation, depletion and amortization

  total $317,662 · program services $260,374 · management and general $57,288

• 23 · Insurance

  total $226,882 · program services $205,122 · management and general $21,760

• 24a · Other expenses: FINANCIAL SERVICES

  total $974,290 · program services $652,346 · management and general $321,944

• 24b · Other expenses: MISCELLANEOUS

  total $143,358 · program services $93,396 · management and general $49,962

• 24c · Other expenses: DUES & SUBSCRIPTIONS

  total $35,747 · program services $8,115 · management and general $27,632

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $8,351,511 · end of year $7,563,714

• 2 · Savings and temporary cash investments

  beginning of year $169 · end of year $7,340

• 3 · Pledges and grants receivable

  beginning of year $983,563 · end of year $715,425

• 4 · Accounts receivable

  beginning of year $16,467,327 · end of year $14,419,142

• 8 · Inventories for sale or use

  beginning of year $86,311 · end of year $152,108

• 9 · Prepaid expenses and deferred charges

  beginning of year $488,548 · end of year $680,432

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

  $9,260,739

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

  $7,632,084

• 10c · Land, buildings and equipment, net

  beginning of year $1,907,921 · end of year $1,628,655

• 11 · Investments: publicly traded securities

  beginning of year $71,714,380 · end of year $72,808,026

• 12 · Investments: other securities

  beginning of year $112,358,374 · end of year $126,411,990

• 15 · Other assets

  beginning of year $34,237,968 · end of year $35,696,155

• 17 · Accounts payable and accrued expenses

  beginning of year $15,887,870 · end of year $16,627,823

• 19 · Deferred revenue

  beginning of year $89,023,580 · end of year $83,839,575

• 25 · Other liabilities

  beginning of year $22,128,554 · end of year $20,859,462

• 27 · Net assets without donor restrictions

  beginning of year $119,556,068 · end of year $138,756,127

The filer's explanations (Part III)

PART I, LINE 1A

THE CEO/EXECUTIVE DIRECTOR CONTRACT INCLUDES A SPOUSE TRAVEL REIMBURSEMENT FOR AASHTO MAJOR MEETINGS AND FOUR REGIONAL MEETINGS.

PART I, LINE 7

ALL EMPLOYEE BONUSES ARE AT THE DISCRETION OF THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR'S BONUS IS AT THE DISCRETION OF THE EXECUTIVE COMMITTEE OF THE BOARD.