Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $13,951,095

• 1f · All other contributions, gifts and grants

  $39,883

• 2a · Program service revenue: MEMBERSHIP DUES

  total $5,604,850 · related or exempt $5,604,850

• 3 · Investment income

  total $86,393 · excluded $86,393

• 7a · Gross sales of assets other than inventory

  securities $2,385,333

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

  securities $2,331,169

• 7c · Gain or loss

  securities $54,164

• 7d · Net gain or loss

  total $54,164 · excluded $54,164

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $1,053,487

• 7 · Other salaries and wages

  total $2,975,373

• 8 · Pension plan contributions

  total $285,340

• 9 · Other employee benefits

  total $696,524

• 10 · Payroll taxes

  total $222,209

• 11b · Fees: legal

  total $71,727

• 11c · Fees: accounting

  total $50,984

• 11f · Fees: investment management

  total $16,175

• 11g · Fees: other

  total $53,955

• 12 · Advertising and promotion

  total $39,614

• 13 · Office expenses

  total $133,693

• 14 · Information technology

  total $43,538

• 16 · Occupancy

  total $211,190

• 17 · Travel

  total $65,985

• 19 · Conferences, conventions and meetings

  total $139,887

• 20 · Interest

  total $33,967

• 22 · Depreciation, depletion and amortization

  total $114,368

• 23 · Insurance

  total $78,155

• 24a · Other expenses: PROGRAM ACTIVITIES

  total $13,951,095

• 24b · Other expenses: SPECIAL PROJECTS

  total $106,209

• 24c · Other expenses: STAFF DEVELOMENT

  total $41,476

• 24d · Other expenses: TRADE TEAMS/VISITORS

  total $26,815

• 24e · All other expenses

  total $19,387

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,420,500 · end of year $1,972,781

• 2 · Savings and temporary cash investments

  beginning of year $249,911 · end of year $5,521

• 3 · Pledges and grants receivable

  beginning of year $1,356,394 · end of year $863,381

• 4 · Accounts receivable

  beginning of year $266,539 · end of year $346,836

• 9 · Prepaid expenses and deferred charges

  beginning of year $198,525 · end of year $214,233

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

  $3,472,236

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

  $1,463,872

• 10c · Land, buildings and equipment, net

  beginning of year $2,101,271 · end of year $2,008,364

• 11 · Investments: publicly traded securities

  beginning of year $3,129,379 · end of year $2,766,548

• 15 · Other assets

  beginning of year $337,369 · end of year $370,595

• 17 · Accounts payable and accrued expenses

  beginning of year $395,904 · end of year $391,951

• 21 · Escrow or custodial account liability

  beginning of year $61,968 · end of year $64,139

• 23 · Secured mortgages and notes payable

  beginning of year $1,004,823

• 25 · Other liabilities

  beginning of year $1,447,405 · end of year $1,508,753

• 27 · Net assets without donor restrictions

  beginning of year $6,886,300 · end of year $6,386,254

• 28 · Net assets with donor restrictions

  beginning of year $263,488 · end of year $197,162

The filer's explanations (Part III)

PART I, LINE 1A

US WHEAT ASSOCIATES HAS US CITIZENS STATIONED OVERSEAS WHO RECEIVE HOUSING, UTILITIES, DEPENDENT TUITION (K-12), AND COST OF LIVING ALLOWANCES PAID AS PART OF THEIR DUTIES BEING STATIONED OVERSEAS. THE PRESIDENT DOES NOT GET ANY OF THESE BENEFITS. TRAVEL FOR COMPANIONS IS ONLY FOR HOME LEAVE AND IS FOR THE WHOLE FAMILY TO FLY TO THE US ONCE EVERY TWO YEARS.