Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: MEMBER DUES

  total $3,700,500 · related or exempt $3,700,500

• 2b · Program service revenue: ANNUAL MEETING

  total $463,153 · related or exempt $448,603 · unrelated business $14,550

• 2c · Program service revenue: PUBLICATIONS

  total $1,200 · related or exempt $1,200

• 3 · Investment income

  total $85,578 · excluded $85,578

• 7a · Gross sales of assets other than inventory

  securities $476,522

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

  securities $467,509

• 7c · Gain or loss

  securities $9,013

• 7d · Net gain or loss

  total $9,013 · excluded $9,013

• 11d · All other revenue

  total $56 · excluded $56

• 11e · Other revenue, total

  $56

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $117,000

• 5 · Compensation of officers, directors and key employees

  total $1,802,927

• 7 · Other salaries and wages

  total $260,004

• 8 · Pension plan contributions

  total $119,787

• 9 · Other employee benefits

  total $16,415

• 10 · Payroll taxes

  total $98,792

• 11b · Fees: legal

  total $6,393

• 11c · Fees: accounting

  total $80,686

• 11d · Fees: lobbying

  total $192,000

• 11g · Fees: other

  total $340,580

• 13 · Office expenses

  total $27,456

• 14 · Information technology

  total $90,156

• 16 · Occupancy

  total $190,189

• 17 · Travel

  total $20,842

• 19 · Conferences, conventions and meetings

  total $471,331

• 22 · Depreciation, depletion and amortization

  total $76,938

• 23 · Insurance

  total $15,491

• 24a · Other expenses: COMMUNICATION

  total $132,787

• 24b · Other expenses: DUES AND SUBSCRIPTIONS

  total $29,407

• 24c · Other expenses: LEGISLATION

  total $18,601

• 24d · Other expenses: TAXES

  total $6,678

• 24e · All other expenses

  total $2,252

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $43,051 · end of year $53,236

• 2 · Savings and temporary cash investments

  beginning of year $1,212,250 · end of year $1,519,682

• 4 · Accounts receivable

  end of year $500

• 9 · Prepaid expenses and deferred charges

  beginning of year $130,824 · end of year $63,029

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

  $1,186,241

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

  $1,083,998

• 10c · Land, buildings and equipment, net

  beginning of year $132,326 · end of year $102,243

• 11 · Investments: publicly traded securities

  beginning of year $3,415,667 · end of year $3,089,469

• 15 · Other assets

  beginning of year $284,555 · end of year $715,625

• 17 · Accounts payable and accrued expenses

  beginning of year $605,907 · end of year $771,770

• 19 · Deferred revenue

  end of year $1,750

• 25 · Other liabilities

  beginning of year $414,716 · end of year $830,755

• 27 · Net assets without donor restrictions

  beginning of year $4,198,050 · end of year $3,939,509

The filer's explanations (Part III)

SCHEDULE J, PART II, LINE 2:

MARK J. COVALL WAS THE PRESIDENT AND CEO OF THE ASSOCIATION UNTIL DECEMBER 31, 2019. HE IS CURRENTLY SERVING A TWO-YEAR TERM ON THE BOARD OF DIRECTORS AS EXECUTIVE VICE CHAIRMAN.