Form 990 for tax year 2022

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: EMPLOYER CONTRIBUTIONS

  total $50,870,116 · related or exempt $50,870,116

• 2b · Program service revenue: PARTICIPANT CONTRIBUTIONS

  total $11,582,654 · related or exempt $11,582,654

• 2c · Program service revenue: TAX RELIEF CONTRIBUTIONS

  total $8,325,000 · related or exempt $8,325,000

• 3 · Investment income

  total $2,597,848 · related or exempt $2,597,848

• 7a · Gross sales of assets other than inventory

  securities $11,359,653

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

  securities $11,534,679

• 7c · Gain or loss

  securities -$175,026

• 7d · Net gain or loss

  total -$175,026 · related or exempt -$175,026

• 11a · Other revenue: OTHER INCOME

  total $392,616 · related or exempt $392,616

• 11e · Other revenue, total

  $392,616

Functional expenses

Part IX, the statement of functional expenses.

• 4 · Benefits paid to or for members

  total $49,583,271

• 5 · Compensation of officers, directors and key employees

  total $888,742

• 7 · Other salaries and wages

  total $2,603,018

• 8 · Pension plan contributions

  total $212,014

• 9 · Other employee benefits

  total $395,726

• 10 · Payroll taxes

  total $118,809

• 11b · Fees: legal

  total $313,054

• 11c · Fees: accounting

  total $112,010

• 11f · Fees: investment management

  total $149,155

• 11g · Fees: other

  total $309,832

• 13 · Office expenses

  total $55,750

• 14 · Information technology

  total $117,803

• 16 · Occupancy

  total $32,032

• 19 · Conferences, conventions and meetings

  total $19,966

• 22 · Depreciation, depletion and amortization

  total $7,482

• 23 · Insurance

  total $27,468

• 24a · Other expenses: LOCKBOX & CC FEES

  total $293,971

• 24b · Other expenses: COMMUNICATIONS

  total $169,458

• 24c · Other expenses: OUTSIDE SERVICES

  total $15,770

• 24d · Other expenses: OTHER

  total -$1,730,987

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $245,284 · end of year $292,241

• 2 · Savings and temporary cash investments

  beginning of year $10,810,220 · end of year $7,917,823

• 4 · Accounts receivable

  beginning of year $7,012,883 · end of year $7,923,616

• 9 · Prepaid expenses and deferred charges

  beginning of year $21,844 · end of year $21,131

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

  $702,652

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

  $682,085

• 10c · Land, buildings and equipment, net

  beginning of year $28,048 · end of year $20,567

• 11 · Investments: publicly traded securities

  beginning of year $27,244,215 · end of year $45,031,802

• 12 · Investments: other securities

  beginning of year $39,898,135 · end of year $44,741,634

• 15 · Other assets

  beginning of year $1,151,680 · end of year $1,097,489

• 17 · Accounts payable and accrued expenses

  beginning of year $634,988 · end of year $535,529

• 19 · Deferred revenue

  beginning of year $1,789,546 · end of year $2,060,162

• 25 · Other liabilities

  beginning of year $4,067,109 · end of year $6,016,229

• 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 $79,920,666 · end of year $98,434,383

The filer's explanations (Part III)

SCHEDULE J SUPPLEMENTAL INFORMATION

ART DRESCHSLER RECEIVES COMPENSATION AND BENEFITS IN HIS CAPACITY AS EXECUTIVE DIRECTOR OF THIS ENTITY AND THE RELATED PENSION AND 401(K) FUNDS. COMPENSATION AND BENEFITS ARE PAID BY THIS ENTITY WITH REIMBURSEMENTS MADE ACCORDINGLY. THE ENTITY'S PORTION OF THE EXPENSES IS 65% OF THE GROSS AMOUNT DETAILED ON SCHEDULE J, PART II. VINCENT CINELLI RECEIVES COMPENSATION AND BENEFITS IN HIS CAPACITY AS DIRECTOR OF OPERATIONS OF THIS ENTITY AND THE RELATED PENSION AND 401(K) FUNDS. COMPENSATION AND BENEFITS ARE PAID BY THIS ENTITY WITH REIMBURSEMENTS MADE ACCORDINGLY. THE ENTITY'S PORTION OF THE EXPENSES IS 58% OF THE GROSS AMOUNT DETAILED ON SCHEDULE J, PART II. JOSEPH ROGERS RECEIVES COMPENSATION AND BENEFITS IN HIS CAPACITY AS IT DIRECTOR OF THIS ENTITY AND THE RELATED PENSION AND 401(K) FUNDS. COMPENSATION AND BENEFITS ARE PAID BY THIS ENTITY WITH REIMBURSEMENTS MADE ACCORDINGLY. THE ENTITY'S PORTION OF THE EXPENSES IS 51% OF THE GROSS AMOUNT DETAILED ON SCHEDULE J, PART II. ANGES LEYDEN RECEIVES COMPENSATION AND BENEFITS IN HIS CAPACITY AS DIRECTOR OF FINANCE & ACCOUNTING OF THIS ENTITY AND THE RELATED PENSION AND 401(K) FUNDS. COMPENSATION AND BENEFITS ARE PAID BY THIS ENTITY WITH REIMBURSEMENTS MADE ACCORDINGLY. THE ENTITY'S PORTION OF THE EXPENSES IS 45% OF THE GROSS AMOUNT DETAILED ON SCHEDULE J, PART II. CINDY GOLD RECEIVES COMPENSATION AND BENEFITS IN HER CAPACITY AS BENEFIT SERVICES MANAGER OF THIS ENTITY AND THE RELATED PENSION AND 401(K) FUNDS. COMPENSATION AND BENEFITS ARE PAID BY THIS ENTITY WITH REIMBURSEMENTS MADE ACCORDINGLY. THE ENTITY'S PORTION OF THE EXPENSES IS 19% OF THE GROSS AMOUNT DETAILED ON SCHEDULE J, PART II. EMILIYA PELTEKOVA RECEIVES COMPENSATION AND BENEFITS IN HER CAPACITY AS ACCOUNTS RECEIVABLE MANAGER OF THIS ENTITY AND THE RELATED PENSION AND 401(K) FUNDS. COMPENSATION AND BENEFITS ARE PAID BY THIS ENTITY WITH REIMBURSEMENTS MADE ACCORDINGLY. THE ENTITY'S PORTION OF THE EXPENSES IS 38% OF THE GROSS AMOUNT DETAILED ON SCHEDULE J, PART II. SHANE ABDELNOUR RECEIVES COMPENSATION AND BENEFITS IN HIS CAPACITY AS IT TECHNICIAN OF THIS ENTITY AND THE RELATED PENSION AND 401(K) FUNDS. COMPENSATION AND BENEFITS ARE PAID BY THIS ENTITY WITH REIMBURSEMENTS MADE ACCORDINGLY. THE ENTITY'S PORTION OF THE EXPENSES IS 36% OF THE GROSS AMOUNT DETAILED ON SCHEDULE J, PART II.