Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: CONFERENCE REGISTRATIONS AND EXHI

  total $1,538,093 · related or exempt $1,538,093

• 2b · Program service revenue: CONFERENCE SPONSORSHIPS

  total $469,325 · related or exempt $469,325

• 2c · Program service revenue: MEMBERSHIP DUES

  total $179,096 · related or exempt $179,096

• 2d · Program service revenue: PUBLICATIONS AND ADVERTISING

  total $14,564 · related or exempt $4,814 · unrelated business $9,750

• 3 · Investment income

  total $84,885 · excluded $84,885

• 7a · Gross sales of assets other than inventory

  securities $2,074,520

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

  securities $1,023,501

• 7c · Gain or loss

  securities $1,051,019

• 7d · Net gain or loss

  total $1,051,019 · excluded $1,051,019

• 11d · All other revenue

  total $93,548 · related or exempt $93,548

• 11e · Other revenue, total

  $93,548

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $613,444

• 7 · Other salaries and wages

  total $686,454

• 8 · Pension plan contributions

  total $48,240

• 9 · Other employee benefits

  total $108,959

• 10 · Payroll taxes

  total $74,124

• 11b · Fees: legal

  total $5,263

• 11c · Fees: accounting

  total $168,646

• 11f · Fees: investment management

  total $36,099

• 11g · Fees: other

  total $334,567

• 13 · Office expenses

  total $209,113

• 14 · Information technology

  total $19,054

• 16 · Occupancy

  total $213,308

• 17 · Travel

  total $46,153

• 19 · Conferences, conventions and meetings

  total $1,430,558

• 22 · Depreciation, depletion and amortization

  total $100,913

• 23 · Insurance

  total $7,724

• 24a · Other expenses: PUBLIC RELATIONS

  total $16,279

• 24b · Other expenses: MEMBERSHIP MATERIALS AN

  total $11,751

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $138,193 · end of year $115,777

• 4 · Accounts receivable

  beginning of year $36,414 · end of year $170,045

• 9 · Prepaid expenses and deferred charges

  beginning of year $97,571 · end of year $70,894

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

  $845,390

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

  $396,247

• 10c · Land, buildings and equipment, net

  beginning of year $550,056 · end of year $449,143

• 11 · Investments: publicly traded securities

  beginning of year $4,884,848 · end of year $3,449,043

• 15 · Other assets

  beginning of year $1,369,001 · end of year $1,196,334

• 17 · Accounts payable and accrued expenses

  beginning of year $123,850 · end of year $267,916

• 19 · Deferred revenue

  beginning of year $158,892 · end of year $11,045

• 24 · Unsecured notes and loans payable

  beginning of year $501,484 · end of year $502,282

• 25 · Other liabilities

  beginning of year $1,978,967 · end of year $1,739,349

• 27 · Net assets without donor restrictions

  beginning of year $4,312,890 · end of year $2,930,644

The filer's explanations (Part III)

PART I, LINE 3

PRESIDENT HAS AN EMPLOYMENT AGREEMENT FOR HIS SALARY/COMPENSATION WITH THE BOARD OF AIR TRAFFIC CONTROL ASSOCIATION, INC.