Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: INCOME FROM MEMBERS

  total $7,534,359 · related or exempt $7,534,359

• 2b · Program service revenue: RENT FROM AFFILIATED O

  total $748,623 · related or exempt $748,623

• 2c · Program service revenue: REIMBURSED EXPENSES

  total $377,689 · related or exempt $377,689

• 2d · Program service revenue: ORGANIZING SUBSIDIES

  total $344,953 · related or exempt $344,953

• 3 · Investment income

  total $327,529 · excluded $327,529

• 6a · Gross rents

  real property $4,300

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $4,300

• 6d · Net rental income or loss

  total $4,300 · excluded $4,300

• 7a · Gross sales of assets other than inventory

  other assets $6,601

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

  other assets $1,130

• 7c · Gain or loss

  other assets $5,471

• 7d · Net gain or loss

  total $5,471 · excluded $5,471

• 11a · Other revenue: REAL ESTATE TAX REFUND

  total $15,215 · excluded $15,215

• 11b · Other revenue: MISCELLANEOUS INCOME

  total $11,064 · excluded $11,064

• 11e · Other revenue, total

  $26,279

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $44,061

• 4 · Benefits paid to or for members

  total $9,304

• 5 · Compensation of officers, directors and key employees

  total $834,218

• 7 · Other salaries and wages

  total $2,549,021

• 8 · Pension plan contributions

  total $257,500

• 9 · Other employee benefits

  total $669,399

• 10 · Payroll taxes

  total $284,430

• 11b · Fees: legal

  total $360,976

• 11c · Fees: accounting

  total $36,296

• 11g · Fees: other

  total $24,951

• 13 · Office expenses

  total $339,670

• 14 · Information technology

  total $133,358

• 16 · Occupancy

  total $690,052

• 17 · Travel

  total $174,038

• 19 · Conferences, conventions and meetings

  total $99,829

• 20 · Interest

  total $37,817

• 21 · Payments to affiliates

  total $1,660,063

• 22 · Depreciation, depletion and amortization

  total $69,543

• 23 · Insurance

  total $212,563

• 24a · Other expenses: SERVICING AND ORGANIZIN

  total $140,377

• 24b · Other expenses: SHOP STEWARD REBATES

  total $65,205

• 24c · Other expenses: EDUCATION AND TRAINING

  total $54,027

• 24d · Other expenses: MERCHANDISE

  total $32,214

• 24e · All other expenses

  total $36,885

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $549,320 · end of year $387,260

• 2 · Savings and temporary cash investments

  beginning of year $5,918,960 · end of year $6,641,366

• 8 · Inventories for sale or use

  beginning of year $68,689 · end of year $36,475

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

  $2,116,127

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

  $1,602,251

• 10c · Land, buildings and equipment, net

  beginning of year $550,953 · end of year $513,876

• 12 · Investments: other securities

  beginning of year $965,203 · end of year $962,814

• 15 · Other assets

  beginning of year $5,678 · end of year $5,679

• 23 · Secured mortgages and notes payable

  beginning of year $982,120 · end of year $917,136

• 25 · Other liabilities

  beginning of year $73 · end of year $318

• 27 · Net assets without donor restrictions

  beginning of year $7,076,610 · end of year $7,630,016

The filer's explanations (Part III)

PART I, LINE 1A

THE HOUSING ALLOWANCE IS DETERMINED ON A CASE BY CASE BASIS AS COMPANY EMPLOYEES ARE MOVED FROM ONE STATE TO ANOTHER STATE TO PROVIDE SERVICE TO ITS MEMBERS.