Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $8,994,211

• 2a · Program service revenue: MEETINGS AND SEMINARS

  total $4,082,924 · related or exempt $4,082,924

• 2b · Program service revenue: MEMBER ASSESSMENTS

  total $1,544,691 · related or exempt $1,544,691

• 2c · Program service revenue: MEETING SPONSORSHIP

  total $191,333 · related or exempt $191,333

• 2d · Program service revenue: CONTRACTS

  total $139,934 · related or exempt $139,934

• 2e · Program service revenue: SUBSCRIPTION AND SALES

  total $101,064 · related or exempt $101,064

• 3 · Investment income

  total $237,143 · excluded $237,143

• 7a · Gross sales of assets other than inventory

  securities $2,338,489

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

  securities $2,186,044

• 7c · Gain or loss

  securities $152,445

• 7d · Net gain or loss

  total $152,445 · excluded $152,445

• 11a · Other revenue: ADMINISTRATIVE FEES

  total $33,900 · excluded $33,900

• 11b · Other revenue: MISCELLANEOUS

  total $32,975 · excluded $32,975

• 11e · Other revenue, total

  $66,875

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,076,636 · program services $1,076,636

• 2 · Grants to domestic individuals

  total $29,457 · program services $29,457

• 3 · Grants to foreign organizations and individuals

  total $137,059 · program services $137,059

• 5 · Compensation of officers, directors and key employees

  total $1,080,221 · program services $354,970 · management and general $725,251

• 6 · Compensation of disqualified persons

  total $24,545 · management and general $24,545

• 7 · Other salaries and wages

  total $4,266,058 · program services $3,766,776 · management and general $499,282

• 8 · Pension plan contributions

  total $249,556 · program services $194,924 · management and general $54,632

• 9 · Other employee benefits

  total $1,705,074 · program services $1,405,284 · management and general $299,790

• 10 · Payroll taxes

  total $415,600 · program services $324,618 · management and general $90,982

• 11b · Fees: legal

  total $138,270 · management and general $138,270

• 11c · Fees: accounting

  total $122,962 · management and general $122,962

• 11f · Fees: investment management

  total $57,985 · management and general $57,985

• 11g · Fees: other

  total $617,734 · program services $329,106 · management and general $288,628

• 13 · Office expenses

  total $97,273 · program services $70,934 · management and general $26,339

• 16 · Occupancy

  total $766,469 · program services $598,791 · management and general $167,678

• 17 · Travel

  total $1,436,152 · program services $1,310,911 · management and general $125,241

• 19 · Conferences, conventions and meetings

  total $1,424,280 · program services $1,410,869 · management and general $13,411

• 22 · Depreciation, depletion and amortization

  total $89,764 · program services $70,016 · management and general $19,748

• 24a · Other expenses: MISCELLANEOUS

  total $326,993 · program services $266,965 · management and general $60,028

• 24b · Other expenses: SUBSCRIPTIONS

  total $179,018 · program services $165,579 · management and general $13,439

• 24c · Other expenses: REGISTRATION

  total $94,350 · program services $84,153 · management and general $10,197

• 24d · Other expenses: PRINTING AND REPRODUCTI

  total $47,523 · program services $45,622 · management and general $1,901

• 24e · All other expenses

  total $5,000 · program services $630,203 · management and general -$625,203

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $1,702,217 · end of year $2,537,344

• 3 · Pledges and grants receivable

  beginning of year $2,207,034 · end of year $1,569,830

• 4 · Accounts receivable

  beginning of year $469,177 · end of year $121,655

• 9 · Prepaid expenses and deferred charges

  beginning of year $75,481 · end of year $263,692

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

  $1,420,565

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

  $1,280,560

• 10c · Land, buildings and equipment, net

  beginning of year $229,768 · end of year $140,005

• 11 · Investments: publicly traded securities

  beginning of year $10,020,730 · end of year $10,541,812

• 15 · Other assets

  beginning of year $1,614,778 · end of year $957,672

• 17 · Accounts payable and accrued expenses

  beginning of year $1,949,677 · end of year $1,583,812

• 19 · Deferred revenue

  beginning of year $771,823 · end of year $660,156

• 24 · Unsecured notes and loans payable

  beginning of year $956,528 · end of year $0

• 25 · Other liabilities

  beginning of year $2,217,947 · end of year $1,317,939

• 27 · Net assets without donor restrictions

  beginning of year $10,287,877 · end of year $12,378,770

• 28 · Net assets with donor restrictions

  beginning of year $135,333 · end of year $191,333

The filer's explanations (Part III)

PART I, LINE 4B

THERE IS A 457(B) PLAN THAT ONLY SENIOR DIRECTORS CAN PARTICIPATE IN - GREG WHITE, JAMES RAMSAY, AIDA TIMM, REGINA DAVIS, MICHELLE MALLOY, DANIELLE BYRNETT, ERIN HAMMEL, JENNIFER MURPHY, AND CYNTHIA HOWELL. NARUC DID NOT MAKE ANY DISCRETIONARY CONTRIBUTIONS TO THE PLAN DURING THE YEAR. MICHELLE MALLOY MADE ELECTIVE DEFERRALS TO THE PLAN DURING CALENDAR YEAR 2023.