Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: MEMBERSHIP DUES & INITIATIONS

  total $7,873,806 · related or exempt $7,873,806

• 3 · Investment income

  total $1,159,374 · excluded $1,159,374

• 6a · Gross rents

  real property $13,790

• 6b · Less rental expenses

  real property $0

• 6c · Rental income or loss

  real property $13,790

• 6d · Net rental income or loss

  total $13,790 · excluded $13,790

• 7a · Gross sales of assets other than inventory

  securities $21,055,538

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

  securities $19,866,782

• 7c · Gain or loss

  securities $1,188,756

• 7d · Net gain or loss

  total $1,188,756 · excluded $1,188,756

• 11a · Other revenue: REIMBURSEMENT OF SHARED SERVICES

  total $9,816,961 · related or exempt $9,816,961

• 11b · Other revenue: REIMBURSEMENT OF SHARED SERVICES-

  total $1,222,610 · related or exempt $1,222,610

• 11c · Other revenue: REIMBURSEMENT OF EXPENSES-INTERNA

  total $707,025 · related or exempt $707,025

• 11d · All other revenue

  total $574,640 · related or exempt $574,640

• 11e · Other revenue, total

  $12,321,236

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $107,935

• 5 · Compensation of officers, directors and key employees

  total $3,733,401

• 7 · Other salaries and wages

  total $6,449,885

• 8 · Pension plan contributions

  total $2,265,166

• 9 · Other employee benefits

  total $2,452,362

• 10 · Payroll taxes

  total $725,961

• 11c · Fees: accounting

  total $106,777

• 11f · Fees: investment management

  total $181,901

• 11g · Fees: other

  total $82,050

• 13 · Office expenses

  total $618,179

• 16 · Occupancy

  total $1,657,836

• 17 · Travel

  total $1,059,659

• 21 · Payments to affiliates

  total $937,327

• 22 · Depreciation, depletion and amortization

  total $170,173

• 23 · Insurance

  total $236,598

• 24a · Other expenses: PROV FOR UNCOL LOAN

  total $698,993

• 24b · Other expenses: FINANCIAL SUPPORT

  total $683,116

• 24c · Other expenses: MISCELLANEOUS

  total $392,678

• 24d · Other expenses: MARITIME SAFETY PROGRAM

  total $368,112

• 24e · All other expenses

  total $931,337

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $73,066 · end of year $64,507

• 2 · Savings and temporary cash investments

  beginning of year $6,672,185 · end of year $4,480,133

• 4 · Accounts receivable

  beginning of year $858,797 · end of year $665,890

• 7 · Other notes and loans receivable

  beginning of year $132,103 · end of year $69,987

• 8 · Inventories for sale or use

  beginning of year $125,751 · end of year $125,751

• 9 · Prepaid expenses and deferred charges

  beginning of year $83,463 · end of year $85,679

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

  $1,340,632

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

  $781,305

• 10c · Land, buildings and equipment, net

  beginning of year $262,064 · end of year $559,327

• 11 · Investments: publicly traded securities

  beginning of year $49,457,742 · end of year $54,850,218

• 12 · Investments: other securities

  beginning of year $11,508,867 · end of year $12,319,644

• 15 · Other assets

  beginning of year $200 · end of year $200

• 17 · Accounts payable and accrued expenses

  beginning of year $279,664 · end of year $324,140

• 25 · Other liabilities

  beginning of year $120,865 · end of year $127,970

• 27 · Net assets without donor restrictions

  beginning of year $68,773,709 · end of year $72,769,226

The filer's explanations (Part III)

PART I, LINE 1A

THE ORGANIZATION PROVIDES HOUSING FOR THE PRESIDENT AND SECRETARY-TREASURER, AND THE TAXABLE PORTION IS PROPERLY INCLUDED IN THEIR W-2. FIRST CLASS AIR TRAVEL IS ALLOWED FOR MEMBERS ON THE EXECUTIVE BOARD.