Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 1f · All other contributions, gifts and grants

  $294,752

• 2a · Program service revenue: MEMBERSHIP DUES

  total $24,250,918 · related or exempt $24,250,918

• 2b · Program service revenue: GRANT CONTRACT INCOME

  total $4,937,643 · related or exempt $4,937,643

• 2c · Program service revenue: SPONSORSHIP

  total $4,489,000 · related or exempt $4,414,000 · unrelated business $75,000

• 2d · Program service revenue: AFFINITY PROGRAMS

  total $1,221,950 · related or exempt $1,209,881 · unrelated business $12,069

• 2e · Program service revenue: QUALITY AWARDS

  total $1,144,375 · related or exempt $1,144,375

• 2f · All other program service revenue

  total $2,194,023 · related or exempt $1,614,564 · unrelated business $579,459

• 3 · Investment income

  total $1,111,130 · excluded $1,111,130

• 7a · Gross sales of assets other than inventory

  securities $18,825,798

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

  securities $18,337,355

• 7c · Gain or loss

  securities $488,443

• 7d · Net gain or loss

  total $488,443 · excluded $488,443

• 10a · Gross sales of inventory

  $705,295

• 10b · Cost of goods sold

  $172,514

• 10c · Net income from sales of inventory

  total $532,781 · related or exempt $532,781

• 11a · Other revenue: MGMT FEES

  total $3,252,400 · unrelated business $3,252,400

• 11b · Other revenue: COMMISSIONS

  total $104,481 · unrelated business $104,481

• 11e · Other revenue, total

  $3,356,881

Functional expenses

Part IX, the statement of functional expenses.

• 1 · Grants to domestic organizations and governments

  total $1,065,500

• 5 · Compensation of officers, directors and key employees

  total $7,826,157

• 7 · Other salaries and wages

  total $14,267,141

• 8 · Pension plan contributions

  total $1,113,981

• 9 · Other employee benefits

  total $2,268,962

• 10 · Payroll taxes

  total $1,200,976

• 11b · Fees: legal

  total $1,225,811

• 11c · Fees: accounting

  total $85,210

• 11d · Fees: lobbying

  total $1,882,965

• 11f · Fees: investment management

  total $104,700

• 11g · Fees: other

  total $7,214,991

• 12 · Advertising and promotion

  total $572,983

• 13 · Office expenses

  total $1,202,309

• 14 · Information technology

  total $974,960

• 15 · Royalties

  total $718,848

• 16 · Occupancy

  total $313,740

• 17 · Travel

  total $1,925,338

• 19 · Conferences, conventions and meetings

  total $4,501,670

• 22 · Depreciation, depletion and amortization

  total $931,104

• 23 · Insurance

  total $212,015

• 24a · Other expenses: INCOME TAX

  total $138,063

• 24b · Other expenses: DUES AND SUBSCRIPTIONS

  total $207,081

• 24c · Other expenses: BAD DEBT

  total $100,770

• 24d · Other expenses: STAFF DEVELOP.

  total $57,035

• 24e · All other expenses

  total $11,473

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $966,018 · end of year $374,124

• 4 · Accounts receivable

  beginning of year $4,905,808 · end of year $5,457,230

• 8 · Inventories for sale or use

  beginning of year $82,584 · end of year $70,281

• 9 · Prepaid expenses and deferred charges

  beginning of year $1,199,539 · end of year $1,123,361

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

  $11,938,255

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

  $8,471,609

• 10c · Land, buildings and equipment, net

  beginning of year $2,352,041 · end of year $3,466,646

• 11 · Investments: publicly traded securities

  beginning of year $30,746,650 · end of year $27,679,279

• 15 · Other assets

  beginning of year $1,355,123 · end of year $3,666,760

• 17 · Accounts payable and accrued expenses

  beginning of year $1,866,419 · end of year $2,477,850

• 19 · Deferred revenue

  beginning of year $1,208,006 · end of year $1,716,775

• 25 · Other liabilities

  beginning of year $4,492,414 · end of year $8,319,973

• 27 · Net assets without donor restrictions

  beginning of year $34,040,924 · end of year $29,323,083

The filer's explanations (Part III)

PART I, LINE 1A

MEMBERSHIP TO THE CAPITOL HILL CLUB AND NATIONAL DEMOCRATIC CLUB IS MAINTAINED FOR A FEW EMPLOYEES. THE CLUBS ARE USED TO HOST LARGE AND INDIVIDUAL MEETINGS WITH MEMBERS, CONGRESSIONAL LEADERS/STAFF AND LOBBYISTS. THESE AMOUNTS ARE NOT INCLUDED AS W-2 WAGES OF THE AFFECTED EMPLOYEES AS THE COSTS REPRESENT REASONABLE BUSINESS EXPENSES OF THE ASSOCIATION. TRAVEL FOR COMPANION IS PER THE EMPLOYMENT AGREEMENT AND IS INCLUDED IN W-2 WAGES AS TAXABLE COMPENSATION.

PART I, LINE 4B

A 457F PLAN WAS ESTABLISHED IN 2013 FOR THE PRESIDENT & CEO. A $425,000 CONTRIBUTION WAS MADE IN 2024 ON HIS BEHALF.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

• AHCANCAL SOLUTIONS LLC

  BUSINESS SERVICES · DC · income $3,333,651 · assets $1,401,261

  Directly controlled by AMERICAN HEALTH CARE ASSOCIATION