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← NATIONAL ASSOCIATION OF STATE TREASURERS

Form 990 for tax year 2023

Filed by NATIONAL ASSOCIATION OF STATE TREASURERS.

Totals

Total revenue
$3,622,444
Total expenses
$3,727,442
Contributions and grants received
$2,176,829
Grants paid
$0
Program service revenue
$1,261,768
Investment income
$180,149
Other revenue
$3,698
Total assets, end of year
$3,993,777
Total liabilities, end of year
$1,056,553
Net assets or fund balances, end of year
$2,937,224
Program services expenses (Part IX)
$1,296,407
Management and general expenses
$2,431,035
Fundraising expenses
$0
Program service expenses (Part III)
$1,296,407

Program services were 34.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $1,530,829

  • 1f · All other contributions, gifts and grants

    $646,000

  • 2a · Program service revenue: CONFERENCE REVENUE

    total $1,258,520 · related or exempt $1,258,520

  • 2b · Program service revenue: NAUPA SPECIAL PROJECTS

    total $3,248 · related or exempt $3,248

  • 3 · Investment income

    total $180,149 · excluded $180,149

  • 11a · Other revenue: OTHER INCOME

    total $3,698 · related or exempt $3,698

  • 11e · Other revenue, total

    $3,698

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $519,648 · management and general $519,648

  • 7 · Other salaries and wages

    total $849,823 · management and general $849,823

  • 8 · Pension plan contributions

    total $190,999 · management and general $190,999

  • 9 · Other employee benefits

    total $186,958 · management and general $186,958

  • 10 · Payroll taxes

    total $93,574 · management and general $93,574

  • 11b · Fees: legal

    total $12,872 · program services $1,800 · management and general $11,072

  • 11c · Fees: accounting

    total $43,250 · management and general $43,250

  • 11d · Fees: lobbying

    total $198,000 · management and general $198,000

  • 11g · Fees: other

    total $151,858 · program services $138,367 · management and general $13,491

  • 13 · Office expenses

    total $72,923 · program services $59,600 · management and general $13,323

  • 14 · Information technology

    total $89,371 · program services $1,708 · management and general $87,663

  • 16 · Occupancy

    total $36,000 · management and general $36,000

  • 17 · Travel

    total $101,610 · program services $26,247 · management and general $75,363

  • 19 · Conferences, conventions and meetings

    total $1,054,573 · program services $1,050,209 · management and general $4,364

  • 23 · Insurance

    total $10,339 · management and general $10,339

  • 24a · Other expenses: COMMUNICATIONS

    total $54,753 · program services $5,225 · management and general $49,528

  • 24b · Other expenses: COMMITTEE EXPENSE

    total $42,281 · program services $10,604 · management and general $31,677

  • 24c · Other expenses: STAFF DEVELOPMENT

    total $13,373 · management and general $13,373

  • 24d · Other expenses: MISCELLANEOUS

    total $5,237 · program services $2,647 · management and general $2,590

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $824,648 · end of year $241,130

  • 4 · Accounts receivable

    beginning of year $78,461 · end of year $74,120

  • 9 · Prepaid expenses and deferred charges

    beginning of year $156,619 · end of year $164,936

  • 11 · Investments: publicly traded securities

    beginning of year $3,351,411 · end of year $3,513,591

  • 17 · Accounts payable and accrued expenses

    beginning of year $791,854 · end of year $354,083

  • 19 · Deferred revenue

    beginning of year $609,843 · end of year $702,470

  • 27 · Net assets without donor restrictions

    beginning of year $2,741,844 · end of year $2,937,224

  • 28 · Net assets with donor restrictions

    beginning of year $267,598 · end of year $0

Mission and programs · 2023

Mission

THE NATIONAL ASSOCIATION OF STATE TREASURERS ENCOURAGES THE HIGHEST ETHICAL STANDARDS, PROMOTES EDUCATION AND THE EXCHANGE OF IDEAS, BUILDS PROFESSIONAL RELATIONSHIPS, DEVELOPS STANDARDS OF EXCELLENCE AND INFLUENCES PUBLIC POLICY FOR THE BENEFIT OF THE CITIZENS OF THE STATES.

  • COLLEGE SAVINGS PLAN NETWORK - FORMED TO PROMOTE AND ASSIST STATE PROGRAMS THAT ENCOURAGE FAMILIES TO SAVE FOR THEIR CHILDREN'S HIGHER EDUCATION. PROVIDES VALUABLE NETWORKING OPPORTUNITIES FOR STATE OFFICIALS SEEKING TO IMPROVE STATE SECTION 529 COLLEGE SAVINGS PLAN AND, IN TURN, HELP THE YOUTH OF THIS NATION ATTAIN THEIR EDUCATIONAL GOALS.

    Expenses $116,065

  • CONFERENCES - DESIGNED TO EDUCATE MEMBERS AND OTHERS OF TRENDS AND ISSUES FACING STATE TREASURERS AND THEIR STAFF. PROVIDES A FORUM FOR DIALOG, NETWORKING AND BUILDING PROFESSIONAL RELATIONSHIPS. REGULAR CONFERENCES INCLUDE AN ANNUAL CONFERENCE, A LEGISLATIVE CONFERENCE, AND A TREASURY MANAGEMENT CONFERENCE.

    Expenses $1,154,610 · Revenue $1,262,218

  • NAUPA - PROGRAM DESIGNED TO EDUCATE MEMBERS AND OTHER OF TRENDS AND ISSUES RELATING TO THE ADMINISTRATION OF STATE UNCLAIMED PROPERTY. PROVIDES VALUABLE NETWORKING OPPORTUNITIES FOR STATE MEMBERS SEEKING TO IMPROVE THEIR UNDERSTANDING OF UNCLAIMED PROPERTY MANAGEMENT ISSUES.

    Expenses $22,835 · Revenue $3,248

  • STATE DEBT MANAGEMENT NETWORK

    Expenses $2,897

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Honorable Michael Frerichs

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5 + 1 related

  • Honorable Thomas Beadle

    SENIOR VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • Honorable Erick Russell

    REGIONAL VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Honorable James Diossa

    LEGISLATIVE COMMITTEE CHAI

    Total calculated
    $0
    Hours/week
    1

  • Honorable Daniel Elliott

    REGIONAL VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Honorable Fiona Ma

    REGIONAL VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Mary Morris

    CSPN REPRESENTATIVE

    Total calculated
    $0
    Hours/week
    1

  • Honorable Young Boozer

    REGIONAL VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Honorable Rachel Eubanks

    SECRETARY TREASURER

    Total calculated
    $0
    Hours/week
    5 + 1 related

  • Honorable Josh Haeder

    IMMEDIATE PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Honorable Colleen Davis

    SDMN REPRESENTATIVE

    Total calculated
    $0
    Hours/week
    1

  • Honorable Stacy Garrity

    ASPN REPRESENTATIVE

    Total calculated
    $0
    Hours/week
    1

  • Honorable Carmen Pigler

    NAUPA REPRESENTATIVE

    Total calculated
    $0
    Hours/week
    1

  • Ronan Burke

    CORPORATE AFFILIATE ADVISO

    Total calculated
    $0
    Hours/week
    1

  • Shaun Snyder

    EXECUTIVE DIRECTOR

    Total calculated
    $596,857
    From this org
    $552,056
    From related orgs
    $0
    Other
    $44,801
    Hours/week
    40 + 5 related

    Schedule J breakdown matched by us

    Base
    $404,594
    Bonus
    $144,450
    Other
    $3,012
    Deferred
    $42,951
    Nontaxable benefits
    $1,850
    Filer's total
    $596,857

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
25 November 2024
IRS schema version
2023v5.1
Source object
202443309349300534

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