Form 990 for tax year 2023

Revenue

Part VIII, the statement of revenue.

• 1d · Related organizations

  $19,047,396

• 1e · Government grants (contributions)

  $6,747,278

• 2a · Program service revenue: MEMBER CO-OP ADVERTISI

  total $1,602,030 · related or exempt $1,602,030

• 2b · Program service revenue: MEMBERSHIP DUES

  total $1,076,403 · related or exempt $1,076,403

• 2c · Program service revenue: MEMBER CO-OP PROGRAMS

  total $532,373 · related or exempt $532,373

• 2d · Program service revenue: MEMBER PROGRAMS

  total $166,663 · related or exempt $166,663

• 2e · Program service revenue: ADVERTISING

  total $51,587 · unrelated business $51,587

• 3 · Investment income

  total $140,750 · excluded $140,750

• 7a · Gross sales of assets other than inventory

  securities $6,204,723

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

  securities $6,204,723

• 7c · Gain or loss

  securities $0

• 7d · Net gain or loss

  total $0

• 11a · Other revenue: ADMINISTRATIVE SERVICE

  total $441,576 · related or exempt $441,576

• 11b · Other revenue: ONLINE RESERVATION SYS

  total $60,219 · unrelated business $60,219

• 11e · Other revenue, total

  $501,795

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $3,649,603

• 7 · Other salaries and wages

  total $6,077,379

• 8 · Pension plan contributions

  total $660,786

• 9 · Other employee benefits

  total $1,149,728

• 10 · Payroll taxes

  total $578,701

• 11b · Fees: legal

  total $91,208

• 11c · Fees: accounting

  total $112,740

• 11f · Fees: investment management

  total $12,660

• 11g · Fees: other

  total $478,236

• 12 · Advertising and promotion

  total $13,523,311

• 13 · Office expenses

  total $151,063

• 14 · Information technology

  total $470,741

• 16 · Occupancy

  total $1,474,154

• 17 · Travel

  total $34,203

• 20 · Interest

  total $13,757

• 22 · Depreciation, depletion and amortization

  total $467,510

• 23 · Insurance

  total $211,258

• 24a · Other expenses: EE RELATIONS & DEVELOPM

  total $83,239

• 24b · Other expenses: MERCHANT CREDIT CARD &

  total $38,329

• 24c · Other expenses: LOSS ON DISPOSAL OF ASS

  total $576

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $2,784,460 · end of year $2,324,747

• 2 · Savings and temporary cash investments

  beginning of year $570,909 · end of year $687,768

• 4 · Accounts receivable

  beginning of year $4,276,394 · end of year $9,871,829

• 9 · Prepaid expenses and deferred charges

  beginning of year $734,695 · end of year $886,003

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

  $6,812,820

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

  $6,571,477

• 10c · Land, buildings and equipment, net

  beginning of year $700,788 · end of year $241,343

• 11 · Investments: publicly traded securities

  beginning of year $5,544,743 · end of year $3,022,173

• 12 · Investments: other securities

  beginning of year $734,388 · end of year $760,720

• 15 · Other assets

  beginning of year $2,336,322 · end of year $1,083,683

• 17 · Accounts payable and accrued expenses

  beginning of year $3,225,816 · end of year $4,947,403

• 19 · Deferred revenue

  beginning of year $603,514 · end of year $727,137

• 25 · Other liabilities

  beginning of year $5,393,414 · end of year $3,932,571

• 27 · Net assets without donor restrictions

  beginning of year $8,459,955 · end of year $9,271,155

The filer's explanations (Part III)

PART I, LINE 1A

THE CEO WAS THE ONLY EMPLOYEE WHO COULD FLY FIRST CLASS FOR BUSINESS TRAVEL. THE CEO IS ALSO THE ONLY STAFF MEMBER THAT IS ALLOWED TRAVEL FOR COMPANION FOR PURPOSE OF ENTERTAINING BUSINESS CLIENTS DURING TRAVEL. THESE ARE TREATED AS NON-TAXABLE BENEFITS. THIS POLICY WAS DISCONTINUED AT THE END OF 2023 AND IS NO LONGER AVAILABLE TO THE CEO.