Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1b · Membership dues

  $7,891,232

• 1f · All other contributions, gifts and grants

  $707,174

• 2a · Program service revenue: MEMBER BENEFIT SERVICES

  total $1,128,511 · related or exempt $1,128,511

• 2b · Program service revenue: UNIFIED LEGAL SERVICES

  total $125,565 · related or exempt $125,565

• 2c · Program service revenue: ADVERTISING INCOME

  total $4,450 · unrelated business $4,450

• 3 · Investment income

  total $174,014 · excluded $174,014

• 7a · Gross sales of assets other than inventory

  other assets $16,000

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

  other assets $18,100

• 7c · Gain or loss

  other assets -$2,100

• 7d · Net gain or loss

  total -$2,100 · excluded -$2,100

• 11a · Other revenue: MISCELLANEOUS REVENUE

  total $34,140 · related or exempt $34,140

• 11e · Other revenue, total

  $34,140

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $73,795

• 5 · Compensation of officers, directors and key employees

  total $1,096,592

• 7 · Other salaries and wages

  total $4,084,322

• 8 · Pension plan contributions

  total $1,289,751

• 9 · Other employee benefits

  total $1,279,820

• 10 · Payroll taxes

  total $350,104

• 11b · Fees: legal

  total $230,720

• 11c · Fees: accounting

  total $29,000

• 11d · Fees: lobbying

  total $250

• 11f · Fees: investment management

  total $4,488

• 11g · Fees: other

  total $56,199

• 13 · Office expenses

  total $200,119

• 14 · Information technology

  total $123,864

• 16 · Occupancy

  total $302,057

• 17 · Travel

  total $435,721

• 20 · Interest

  total $245,097

• 22 · Depreciation, depletion and amortization

  total $154,468

• 23 · Insurance

  total $38,382

• 24a · Other expenses: POLITICAL CONTRIBUTION

  total $247,000

• 24b · Other expenses: ADMINISTRATIVE EXPENSES

  total $112,562

• 24c · Other expenses: TAXES

  total $60,239

• 24d · Other expenses: COMMUNITY ENGAGEMENT

  total $57,022

• 24e · All other expenses

  total $316,829

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $500 · end of year $500

• 2 · Savings and temporary cash investments

  beginning of year $4,391,802 · end of year $3,664,497

• 3 · Pledges and grants receivable

  beginning of year $230,288 · end of year $260,582

• 9 · Prepaid expenses and deferred charges

  beginning of year $55,286 · end of year $93,796

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

  $3,443,754

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

  $2,320,007

• 10c · Land, buildings and equipment, net

  beginning of year $1,071,144 · end of year $1,123,747

• 11 · Investments: publicly traded securities

  beginning of year $1,203,477 · end of year $1,186,387

• 15 · Other assets

  beginning of year $1,108,168 · end of year $1,077,188

• 17 · Accounts payable and accrued expenses

  beginning of year $1,010,768 · end of year $1,112,781

• 19 · Deferred revenue

  beginning of year $97,851 · end of year $73,342

• 25 · Other liabilities

  beginning of year $15,349 · end of year $5,925

• 27 · Net assets without donor restrictions

  beginning of year $6,936,697 · end of year $6,214,649

The filer's explanations (Part III)

PART I, LINE 1A

THE MEA PRESIDENT, RECEIVES A TAX GROSS-UP PAYMENT RELATED TO THE TAXABLE PORTION OF PERSONAL USE OF A COMPANY VEHICLE. THIS GROSS-UP IS FOR THE PERSONAL USE PORTION OF THE VEHICLE. PAYMENT IS INCLUDED IN PRESIDENT'S TAXABLE COMPENSATION IN ADDITION TO THE PERSONAL USE PORTION OF THE VEHICLE.