Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: EMPLOYER CONTRIBUTIONS

  total $269,161,147 · related or exempt $269,161,147

• 2b · Program service revenue: PARTICIPANTS - VACATION

  total $14,678,977 · related or exempt $14,678,977

• 2c · Program service revenue: PARTIC CONTRIBS BUY-IN

  total $11,294,416 · related or exempt $11,294,416

• 3 · Investment income

  total $9,407,969 · unrelated business $4,853 · excluded $9,403,116

• 7a · Gross sales of assets other than inventory

  securities $250,088,753

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

  securities $243,424,713

• 7c · Gain or loss

  securities $6,664,040

• 7d · Net gain or loss

  total $6,664,040 · excluded $6,664,040

• 11a · Other revenue: OTHER INCOME

  total $4,237 · related or exempt $4,237

• 11e · Other revenue, total

  $4,237

Functional expenses

Part IX, the statement of functional expenses.

• 4 · Benefits paid to or for members

  total $273,876,947

• 11b · Fees: legal

  total $263,229

• 11c · Fees: accounting

  total $135,000

• 11f · Fees: investment management

  total $834,002

• 11g · Fees: other

  total $768,673

• 13 · Office expenses

  total $306,141

• 14 · Information technology

  total $388,846

• 16 · Occupancy

  total $360,293

• 19 · Conferences, conventions and meetings

  total $24,025

• 22 · Depreciation, depletion and amortization

  total $569,500

• 23 · Insurance

  total $130,749

• 24a · Other expenses: ADMINISTRATIVE FEES

  total $10,350,226

• 24b · Other expenses: REIMB. P/R, TAXES & BEN

  total $3,982,398

• 24c · Other expenses: REPAIRS & MAINTENANCE

  total $31,170

• 24d · Other expenses: AUTO

  total $29,880

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,983,984 · end of year $700

• 2 · Savings and temporary cash investments

  beginning of year $68,479,404 · end of year $68,244,301

• 4 · Accounts receivable

  beginning of year $34,975,341 · end of year $36,069,023

• 9 · Prepaid expenses and deferred charges

  beginning of year $28,501 · end of year $3,927,265

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

  $7,578,047

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

  $6,982,343

• 10c · Land, buildings and equipment, net

  beginning of year $1,050,224 · end of year $595,704

• 11 · Investments: publicly traded securities

  beginning of year $206,647,932 · end of year $201,277,683

• 12 · Investments: other securities

  beginning of year $593,450,120 · end of year $523,991,919

• 15 · Other assets

  beginning of year $15,380,394 · end of year $10,774,444

• 17 · Accounts payable and accrued expenses

  beginning of year $15,337,649 · end of year $3,667,444

• 25 · Other liabilities

  beginning of year $35,808,178 · end of year $37,340,713

• 29 · Capital stock, trust principal or current funds

  beginning of year $0 · end of year $0

• 30 · Paid-in or capital surplus, or land, building or equipment fund

  beginning of year $0 · end of year $0

• 31 · Retained earnings, endowment or other funds

  beginning of year $871,850,073 · end of year $803,872,882

The filer's explanations (Part III)

PART I, LINES 4A-B

THE EXECUTIVE DIRECTOR RETIRED EFFECTIVE 06/30/2022 AND PARTICIPATES IN A DEFERRED COMPENSATION PLAN, PROVIDED BY A RELATED ORGANIZATION, IN HIS CAPACITY AS EXECUTIVE DIRECTOR OF THIS ENTITY AND RELATED ORGANIZATIONS.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• SEE SCHEDULE R SUPPLEMENTAL INFORMATION