Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1e · Government grants (contributions)

  $441,579

• 2a · Program service revenue: MEMBERSHIP DUES AND RELATED

  total $3,577,454 · related or exempt $3,577,454

• 2b · Program service revenue: CHAPTER FUNCTION INCOME

  total $29,701 · related or exempt $29,701

• 3 · Investment income

  total $323,073 · excluded $323,073

• 7a · Gross sales of assets other than inventory

  securities $3,598,860

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

  securities $3,653,861

• 7c · Gain or loss

  securities -$55,001

• 7d · Net gain or loss

  total -$55,001 · excluded -$55,001

• 11a · Other revenue: MIA & NECUS REVENUE

  total $1,745,843 · unrelated business $1,745,843

• 11b · Other revenue: CU HOUSE, LLC

  total $342 · unrelated business $342

• 11e · Other revenue, total

  $1,746,185

Functional expenses

Part IX, the statement of functional expenses.

• 2 · Grants to domestic individuals

  total $22,500

• 7 · Other salaries and wages

  total $2,726,387

• 8 · Pension plan contributions

  total $56,280

• 9 · Other employee benefits

  total $300,110

• 10 · Payroll taxes

  total $173,389

• 11b · Fees: legal

  total $45,377

• 11c · Fees: accounting

  total $60,999

• 11d · Fees: lobbying

  total $180,700

• 12 · Advertising and promotion

  total $245,806

• 13 · Office expenses

  total $56,817

• 14 · Information technology

  total $104,367

• 16 · Occupancy

  total $254,822

• 17 · Travel

  total $163,871

• 19 · Conferences, conventions and meetings

  total $652,250

• 22 · Depreciation, depletion and amortization

  total $63,783

• 23 · Insurance

  total $73,013

• 24a · Other expenses: CONTRACT SERVICES

  total $316,051

• 24b · Other expenses: COMPLIANCE EXPENSES

  total $146,338

• 24c · Other expenses: DUES AND FEES

  total $133,364

• 24d · Other expenses: BOARD EXPENSE

  total $80,490

• 24e · All other expenses

  total $183,875

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $5,999,078 · end of year $5,209,070

• 2 · Savings and temporary cash investments

  beginning of year $121,006 · end of year $55,434

• 4 · Accounts receivable

  beginning of year $569,828 · end of year $495,814

• 5 · Loans and receivables from officers and key people

  beginning of year $1,583,256 · end of year $1,817,790

• 7 · Other notes and loans receivable

  end of year $100,000

• 9 · Prepaid expenses and deferred charges

  beginning of year $208,310 · end of year $171,261

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

  $629,960

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

  $483,583

• 10c · Land, buildings and equipment, net

  beginning of year $128,790 · end of year $146,377

• 11 · Investments: publicly traded securities

  beginning of year $1,978,550 · end of year $2,170,984

• 12 · Investments: other securities

  beginning of year $467,723 · end of year $467,723

• 15 · Other assets

  beginning of year $153,624 · end of year $497,235

• 17 · Accounts payable and accrued expenses

  beginning of year $1,905,090 · end of year $1,717,513

• 19 · Deferred revenue

  beginning of year $1,620,190 · end of year $1,647,761

• 25 · Other liabilities

  beginning of year $141,624 · end of year $35,672

• 27 · Net assets without donor restrictions

  beginning of year $7,503,606 · end of year $7,699,071

• 28 · Net assets with donor restrictions

  beginning of year $39,655 · end of year $31,671

The filer's explanations (Part III)

PART I, LINE 1A

TWO FORMER PRESIDENTS NOT LISTED ABOVE HAVE SPLIT DOLLAR AGREEMENTS AS DISCLOSED ON SCHEDULE L

Disregarded entities

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

• MEMBERS INSURANCE AGENCY

  INSURANCE AGENT · MA · income $736,186 · assets $4,777,882

• COOPERATIVE SOLUTIONS LLC

  MANAGEMENT COMPANY · MA · income -$934,838 · assets $2,091,433