Income Statement

Fiscal Year: 2024
Jan 1, 2024 – Dec 31, 2024
Revenues in 2024
$378,815,590
Program Services
99%
Investments
<1%
Other
<1%
Contributions
0%
Government Grants
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024
$380,563,202
Other
83%
Depreciation
6%
Benefits to Members
6%
Interest
4%
Salaries & Benefits
<1%
Grants
0%
Fees to Service Providers
0%
Advertising & Promotion
0%
Offices, Occupancy & IT
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$0
$0
-
Fundraising Events
$0
$0
-
Program Services
$331,176,180
$373,467,865
+13%
Membership Dues
$0
$0
-
Investments
$2,899,767
$2,824,875
-3%
Other
$1,743,398
$2,522,850
+45%
Total Revenues
$335,819,345
$378,815,590
+13%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$16,494,549
$24,468,691
+48%
Salaries & Benefits
$1,312,039
$1,421,050
+8%
Fees to Service Providers
$0
$0
-
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$0
$0
-
Interest
$12,011,449
$13,331,428
+11%
Depreciation
$22,591,724
$24,589,391
+9%
Other
$282,296,971
$316,752,642
+12%
Total Expenses
$334,706,732
$380,563,202
+14%
Net income
2023
2024
Change
Net income
+$1,112,613
-$1,747,612
-257%
Functional Expenses
Summary
2023
2024
Change
Program
$0
$0
-
Admin
$0
$0
-
Fundraising
$0
$0
-
Total Expenses
$334,706,732
$380,563,202
+14%