Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: MEMBERSHIP DUES

  total $3,399,675 · related or exempt $3,399,675

• 3 · Investment income

  total $4,284 · excluded $4,284

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $1,033,164

• 7 · Other salaries and wages

  total $825,507

• 8 · Pension plan contributions

  total $85,300

• 10 · Payroll taxes

  total $69,110

• 11c · Fees: accounting

  total $31,487

• 11g · Fees: other

  total $1,387

• 13 · Office expenses

  total $82,460

• 16 · Occupancy

  total $174,073

• 17 · Travel

  total $388,758

• 19 · Conferences, conventions and meetings

  total $367,221

• 22 · Depreciation, depletion and amortization

  total $16,163

• 23 · Insurance

  total $17,589

• 24a · Other expenses: DUES & SUBSCRIPTIONS

  total $133,298

• 24b · Other expenses: GIFTS & DONATIONS

  total $32,097

• 24c · Other expenses: ENTERTAINMENT

  total $17,605

Balance sheet

Part X, book values.

• 2 · Savings and temporary cash investments

  beginning of year $1,421,860 · end of year $1,647,376

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

  $417,325

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

  $405,456

• 10c · Land, buildings and equipment, net

  beginning of year $15,302 · end of year $11,869

• 15 · Other assets

  beginning of year $206,613 · end of year $178,649

• 17 · Accounts payable and accrued expenses

  beginning of year $11,924 · end of year $104,041

• 25 · Other liabilities

  beginning of year $183,496 · end of year $156,758

• 27 · Net assets without donor restrictions

  beginning of year $1,448,355 · end of year $1,577,095

The filer's explanations (Part III)

PART I, LINE 1A

THE ORGANIZATION PROVIDES THE BENEFITS OF FIRST CLASS TRAVEL AND TRAVEL FOR COMPANIONS TO CLAYTON DIAMOND, JORGE VISO, LISA TOWNSHEND, AND BRENDAN O'SHEA. COMPANIONS PROVIDE ESSENTIAL MANAGEMENT SERVICES AND MEMBER SERVICES AT EVENTS AND MEETINGS AND THEREFORE THE BENEFITS ARE NOT REPORTABLE AS TAXABLE INCOME TO THE LISTED PERSON.

PART I, LINE 1B

TRAVEL CLASS IS REVIEWED BY THE ORGANIZATION'S FINANCE COMMITTEE. FIRST CLASS OR BUSINESS CLASS TRAVEL IS APPROVED FOR THE PRESIDENT AND THE EXECUTIVE DIRECTOR, AND THEIR COMPANIONS, WITH THE CONDITION THAT DISCOUNTS AND USE OF UPGRADE CERTIFICATES AND COUPONS ARE USED WHENEVER POSSIBLE. THE PRESIDENT AND/OR THE EXECUTIVE DIRECTOR WILL DECIDE THE CLASS OF TRAVEL FOR OTHER EMPLOYEES AND THEIR COMPANIONS ON A CASE-BY-CASE BASIS.