Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $2,890,144

• 2a · Program service revenue: MEMBERSHIP DUES

  total $10,649,900 · related or exempt $10,649,900

• 3 · Investment income

  total $392,359 · excluded $392,359

• 7a · Gross sales of assets other than inventory

  securities $2,323,663 · other assets $20,031

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

  securities $2,260,248 · other assets $5,759

• 7c · Gain or loss

  securities $63,415 · other assets $14,272

• 7d · Net gain or loss

  total $77,687 · related or exempt $14,272 · excluded $63,415

• 11a · Other revenue: MEMBER BENEFITS REVENU

  total $27,989 · unrelated business $27,989

• 11b · Other revenue: ADVERTISING INCOME

  total $7,377 · unrelated business $7,377

• 11d · All other revenue

  total $132,321 · related or exempt $132,321

• 11e · Other revenue, total

  $167,687

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $262,297

• 5 · Compensation of officers, directors and key employees

  total $703,048

• 7 · Other salaries and wages

  total $6,193,324

• 8 · Pension plan contributions

  total $1,363,721

• 9 · Other employee benefits

  total $1,512,455

• 10 · Payroll taxes

  total $512,326

• 11b · Fees: legal

  total $470,407

• 11c · Fees: accounting

  total $55,600

• 11f · Fees: investment management

  total $77,685

• 11g · Fees: other

  total $1,133,024

• 12 · Advertising and promotion

  total $250,452

• 13 · Office expenses

  total $821,842

• 16 · Occupancy

  total $147,804

• 17 · Travel

  total $1,202,201

• 19 · Conferences, conventions and meetings

  total $48,436

• 22 · Depreciation, depletion and amortization

  total $83,380

• 23 · Insurance

  total $58,476

• 24a · Other expenses: DUES AND SUBSCRIPTIONS

  total $94,392

• 24e · All other expenses

  total $25,639

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,449,509 · end of year $550,454

• 2 · Savings and temporary cash investments

  beginning of year $480,666 · end of year $631,908

• 4 · Accounts receivable

  beginning of year $2,451,712 · end of year $2,120,555

• 9 · Prepaid expenses and deferred charges

  beginning of year $203,719 · end of year $217,835

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

  $2,470,208

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

  $1,776,139

• 10c · Land, buildings and equipment, net

  beginning of year $374,844 · end of year $694,069

• 11 · Investments: publicly traded securities

  beginning of year $11,948,370 · end of year $13,216,021

• 15 · Other assets

  beginning of year $4,868,674 · end of year $10,426,942

• 17 · Accounts payable and accrued expenses

  beginning of year $1,132,465 · end of year $871,568

• 19 · Deferred revenue

  beginning of year $39,031 · end of year $99,212

• 25 · Other liabilities

  beginning of year $1,227,839 · end of year $2,997,101

• 27 · Net assets without donor restrictions

  beginning of year $17,651,764 · end of year $22,560,743

• 28 · Net assets with donor restrictions

  beginning of year $1,726,395 · end of year $1,329,160

The filer's explanations (Part III)

PART I, LINE 1A

PRESIDENT RECEIVED $2000/MO IN TAXABLE HOUSING ALLOWANCE IF PRIMARY HOME IN NOT LOCATED IN RICHMOND.

PART I, LINE 1B

ALLOWANCE IS STATED IN PRESIDENT'S CONTRACT.

PART I, LINE 3

THE BOARD OF DIRECTORS ANNUALLY APPROVES A BUDGET WHICH INCLUDES THE PROPOSED ANNUAL COMPENSATION FOR THE ORGANIZATION'S CHIEF OFFICERS, EXECUTIVE DIRECTOR, TOP MANAGMENT OFFICIALS, KEY EMPLOYEES, AND OTHER OFFICERS.

PART I, LINE 4

LESHANE LINDSEY RECEIVED SEVERANCE PER SEPARATION AGREEMENT, $126,917