Civic Intelligence

Vermont Bar Association

990 • Fiscal year 2015 • EIN 03-0196809

Sep 01, 2014 to Aug 31, 2015 • Filed on Jul 11, 2016

PO Box 100 35 Court StreetMontpelier, VT 05601-0100

(802) 223-2020

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

54th percentile

0.22x

Higher debt load relative to assets than 54% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

69th percentile

0.35x

Higher debt load relative to revenue than 69% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2015

Net Margin

47th percentile

2.7%

Higher net margin than 47% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

40th percentile

$116,939

Higher top officer pay than 40% of similar nonprofits.

Top officer pay equals 11.7% of source-year revenue.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Source year 2015

Asset Growth

47th percentile

1.7%

Faster asset growth than 47% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

49th percentile

3.2%

Faster revenue growth than 49% of similar nonprofits.

2015 filings • 501(c)6 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Assets

Up

$1,610,775

Up $27,351 (+1.7%) from 2014

Net Assets

Up

$1,264,011

Up $15,845 (+1.3%) from 2014

Liabilities

Up

$346,764

Up $11,506 (+3.4%) from 2014

Revenue

Up

$997,522

Up $30,632 (+3.2%) from 2014

Expenses

Up

$970,312

Up $75,361 (+8.4%) from 2014

Net Income

Down

$27,210

Down $44,729 (-62%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0M$2.0M$1.0M$0Assets 2010: $1,294,790Liabilities 2010: $362,350Net Assets 2010: $932,4402010Assets 2011: $1,402,606Liabilities 2011: $394,517Net Assets 2011: $1,008,0892011Assets 2012: $1,395,736Liabilities 2012: $361,315Net Assets 2012: $1,034,4212012Assets 2013: $1,435,180Liabilities 2013: $344,471Net Assets 2013: $1,090,7092013Assets 2014: $1,583,424Liabilities 2014: $335,258Net Assets 2014: $1,248,1662014Assets 2015: $1,610,775Liabilities 2015: $346,764Net Assets 2015: $1,264,0112015Assets 2016: $1,682,332Liabilities 2016: $369,393Net Assets 2016: $1,312,9392016Assets 2017: $1,728,922Liabilities 2017: $377,714Net Assets 2017: $1,351,2082017Assets 2018: $1,934,082Liabilities 2018: $483,756Net Assets 2018: $1,450,3262018Assets 2019: $1,895,717Liabilities 2019: $495,684Net Assets 2019: $1,400,0332019Assets 2020: $2,093,676Liabilities 2020: $454,807Net Assets 2020: $1,638,8692020Assets 2021: $2,380,998Liabilities 2021: $350,569Net Assets 2021: $2,030,4292021Assets 2022: $2,256,060Liabilities 2022: $357,541Net Assets 2022: $1,898,5192022Assets 2023: $2,555,989Liabilities 2023: $414,894Net Assets 2023: $2,141,0952023Assets 2024: $2,817,409Liabilities 2024: $432,566Net Assets 2024: $2,384,8432024

Highlighted filing

2015

Assets$1,610,775
Liabilities$346,764
Net Assets$1,264,011

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.5M$1.0M$500K$0-$500KExpenses 2010: $963,7222010Expenses 2011: $920,6662011Expenses 2012: $895,9842012Revenue 2013: $946,236Expenses 2013: $918,527Net Income 2013: $27,7092013Revenue 2014: $966,890Expenses 2014: $894,951Net Income 2014: $71,9392014Revenue 2015: $997,522Expenses 2015: $970,312Net Income 2015: $27,2102015Revenue 2016: $907,409Expenses 2016: $915,860Net Income 2016: -$8,4512016Revenue 2017: $964,843Expenses 2017: $997,072Net Income 2017: -$32,2292017Revenue 2018: $1,017,397Expenses 2018: $1,035,615Net Income 2018: -$18,2182018Revenue 2019: $1,034,891Expenses 2019: $1,115,772Net Income 2019: -$80,8812019Revenue 2020: $1,078,606Expenses 2020: $1,009,949Net Income 2020: $68,6572020Revenue 2021: $936,353Expenses 2021: $826,624Net Income 2021: $109,7292021Revenue 2022: $1,056,187Expenses 2022: $984,314Net Income 2022: $71,8732022Revenue 2023: $1,252,248Expenses 2023: $1,171,515Net Income 2023: $80,7332023Revenue 2024: $1,196,172Expenses 2024: $1,295,873Net Income 2024: -$99,7012024

Highlighted filing

2015

Revenue$997,522
Expenses$970,312
Net Income$27,210
Jump To
Filing Snapshot
Filing Period
Sep 1, 2014 to Aug 31, 2015
Signed
Jul 11, 2016
Return Version
2014v6.0
Gross Receipts
$1,007,438
Mission and Program Overview

Mission

To foster respect for the rule of law by cultivating the science of jurisprudence, promoting reform in the law, facilitating the administration of justice, elevating the standards of the legal profession, cherishing a collegial spirit in the legal profession and perpetuating the memory of its members. The vermont bar association, founded in 1878, is a vermont non-for-profit corporation, the members of which are attorneys licensed to practice in the state of vermont. The bar association currently serves approximately 2200 members. Its purpose is to assist the members in improving the practice of law, to cultivate the science of jurisprudence, to promote reform in the law, to facilitate the administration of justice, to elevate the standards of the legal profession, to cherish a collegial spirit among its members, and to perpetuate their memory. The bar association focuses on professionalism and education of its members by providing many continuing legal education programs.

To foster respect for the rule of law by cultivating the science of jurisprudence, promoting reform in the law, facilitating the administration of justice, elevating the standards of the legal profession, cherishing a collegial spirit in the legal profession and perpetuating the memory of its members.

Balance Sheet Detail
LineBeginningEndChange
Assets
Savings and Temporary Cash Investments$766,903$779,969▲ $13,066
Investments in Publicly Traded Securities$685,851$710,724▲ $24,873
Land, Buildings, and Equipment, Net$92,588$105,397▲ $12,809
Prepaid Expenses and Deferred Charges$26,321$15,870▼ $10,451
Cash and Non-Interest-Bearing Accounts$11,761$-1,185▼ $12,946
Total Assets$1,583,424$1,610,775▲ $27,351
Liabilities
Deferred Revenue$310,760$327,105▲ $16,345
Other Liabilities$18,581$19,659▲ $1,078
Accounts Payable and Accrued Expenses$5,917--
Total Liabilities$335,258$346,764▲ $11,506
Net Assets / Fund Balance
Temporarily Rstr Net Assets$684,642$710,015▲ $25,373
Unrestricted Net Assets$563,524$553,996▼ $9,528
Total Net Assets Fund Balance$1,248,166$1,264,011▲ $15,845
Total Liabilities and Net Assets / Fund Balance$1,583,424$1,610,775▲ $27,351

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$51,809$272,290$324,099
Equipment$28,588$57,389$85,977
Land$25,000-$25,000
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Robert M Paolini EsqExecutive DirectorFT$110,595$6,344$116,939
Lisa M MaxfieldCFOFT$57,169$6,917$64,086

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$64,357
Program Service Revenue
$908,381
Investment Income
$19,982
Other Revenue
$4,802
All Other Contributions
$64,357
Change in Net Assets
$27,210

Audited Revenue Reconciliation

Revenue per Audited Statements
$997,522
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$-1,449
Total Revenue per Audited Statements
$996,073
Total Revenue per Form 990
$997,522
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$511,769
Other Expenses$458,543
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages---$237,091
All Other Expenses---$197,881
Current Officers, Directors, Trustees, and Key Employees---$188,630
Conferences and Meetings---$47,692
Other Expenses---$41,777
Other Employee Benefits---$41,641
Payroll Taxes---$32,857
Occupancy---$25,935
Depreciation Depletion---$12,578
Pension Plan Contributions---$11,550
Travel---$10,101
Office Expenses---$6,394
Insurance---$4,530
Total Functional Expenses$0$0$0$970,312

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$980,228
Expenses per Audited Statements$970,312
Total Expenses per Form 990$970,312
Expenses Not Reported on Form 990$9,916
Expenses Not Reported on Financial Statements$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
No
Subject to proxy tax
Yes

Reported Spending and Taxes

Line ItemAmount
Current Year Nondeductible Lobbying and Political Cost$32,561
Total Nondeductible Lobbying and Political Cost$32,561
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Accrued Vacation$19,294
Security Deposits$365
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

MEMBERS

Form 990, Part VI, Section A, Line 7A

The president, secretary, and treasurer shall be elected to serve one year. The president-elect shall automatically assume the office of president at the end of the president's term. The same person shall not be elected president-elect two years successively. The secretary and treasurer shall serve until the first meeting of the board of managers after their successors take office.

Form 990, Part VI, Section A, Line 7B

No action of a committee, section or division establishes a policy of this association, unless it has been submitted to and approved by the board of managers. However, a committee, section or division may take a position on a matter of public concern and may communicate such position, with prior notice to the president, to a legislative committee or administrative board or others, provided that it shall be clearly stated that such position is that of the committee, section or division and not of the association.

Form 990, Part VI, Section B, Line 11

Executive director, controller and executive committee reviews the return. A copy is provided to each board member.

Form 990, Part VI, Section B, Line 12C

The organization regulary and consistently monitors conflicts of interest.

Form 990, Part VI, Section B, Line 15

Board of managers reviews yearly at budget time the compensation package of the executive director and other employees. The board of managers make the final determination regarding salary increases.

Form 990, Part VI, Section C, Line 19

UPON REQUEST.

Filing and Contact Details

Filer

Filer Name
Vermont Bar Association
EIN
03-0196809
Phone
8022232020
Address
PO BOX 100 35 COURT STREET, MONTPELIER, VT 05601-0100

Signing Officer

Name
Robert Paolini
Title
Executive Director
Phone
8022232020
Signed
2016-07-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Paolini
Formed
1878
Legal Domicile
Vt
Voting Board Members
16
Independent Board Members
16
Employees
7
Volunteers
16

Preparer

Firm
Sullivan Powers & Company
Address
77 BARRE ST PO BOX 947, MONTPELIER, VT 05601
Phone
8022232352
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 24E

Solo conference 32,974. Young lawyers section expenses 32,820. Contracted services 30,112. Journal expenses 20,286. Directory expenses 18,611. Bank charges 15,336. Lawyer referral service expenses 11,263. Telephone 6,781. Equipment maintenance 5,458. President's special projects 4,310. Committees 3,953. New england bar association expenses 3,864. Small equipment 3,501. Computer equip/training 2,392. Subscriptions and written materials 1,745. Professional dues 1,604. Membership expenses 1,528. Postage 1,242. Miscellaneous 101.

FORM 990, PART XII, LINE 2C:

The organizations audit committee procedures of the financial statements have not changed from the prior year.

Financial Statement Notes

PART X, LINE 2:

The association adopted provisions of financial accounting standards board interpretation no. 48, "accounting for uncertainty in income taxes." the association evaluates its uncertain tax positions using the provisions of fasb asc 450, "contingencies". Accordingly, a loss contingency is recognized when it is probable that a liability has been incurred as of the date of the financial statements and the amount of the loss can be reasonably estimated. The amount recognized is subject to estimate and management judgment with respect to the likely outcome of each uncertain tax position. The amount that is ultimately sustained for an individual uncertain tax position or for all uncertain tax positions in the aggregate could differ from the amount recognized. The association has evaluated its tax positions and determined that its positions are more-likely-than-not to be sustained on examination.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

RENTAL EXPENSES 9,916.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

RENTAL EXPENSES 9,916.

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IRS990/MissionDesc0TO FOSTER RESPECT FOR THE RULE OF LAW BY CULTIVATING THE SCIENCE OF JURISPRUDENCE, PROMOTING REFORM IN THE LAW, FACILITATING THE ADMINISTRATION OF JUSTICE, ELEVATING THE STANDARDS OF THE LEGAL PROFESSION, CHERISHING A COLLEGIAL SPIRIT IN THE LEGAL PROFESSION AND PERPETUATING THE MEMORY OF ITS MEMBERS. THE VERMONT BAR ASSOCIATION, FOUNDED IN 1878, IS A VERMONT NON-FOR-PROFIT CORPORATION, THE MEMBERS OF WHICH ARE ATTORNEYS LICENSED TO PRACTICE IN THE STATE OF VERMONT. THE BAR ASSOCIATION CURRENTLY SERVES APPROXIMATELY 2200 MEMBERS. ITS PURPOSE IS TO ASSIST THE MEMBERS IN IMPROVING THE PRACTICE OF LAW, TO CULTIVATE THE SCIENCE OF JURISPRUDENCE, TO PROMOTE REFORM IN THE LAW, TO FACILITATE THE ADMINISTRATION OF JUSTICE, TO ELEVATE THE STANDARDS OF THE LEGAL PROFESSION, TO CHERISH A COLLEGIAL SPIRIT AMONG ITS MEMBERS, AND TO PERPETUATE THEIR MEMORY. THE BAR ASSOCIATION FOCUSES ON PROFESSIONALISM AND EDUCATION OF ITS MEMBERS BY PROVIDING MANY CONTINUING LEGAL EDUCATION PROGRAMS.
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IRS990/ProgramServiceRevenueGrp/Desc2MEETINGS
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IRS990/ProgSrvcAccomActy2Grp/Desc0THE VERMONT BAR JOURNAL - A QUARTERLY MAGAZINE CONTAINING SCHOLARLY SUBSTANTIVE ARTICLES, REVIEWS AND COLUMNS OF INTEREST TO ALL LEGAL PROFESSIONALS. IT OFFERS PRACTICE TOOLS, PROFILES, INTERVIEWS AND OTHER ENTERTAINING AND EDUCATIONAL INFORMATION AS WELL AS CLASSIFIEDS AND ANNOUNCEMENTS.
IRS990/ProgSrvcAccomActy3Grp/Desc0DIRECTORY - THE VERMONT BAR ASSOCIATION DIRECTORY IS A COMPREHENSIVE LISTING OF VERMONT LICENSED ATTORNEYS AND JUDGES, ALONG WITH THEIR MAILING ADDRESSES, PHONE AND FAX NUMBERS, AND ELECTRONIC ADDRESSES. IT ALSO CONTAINS A COMPLETE LISTING OF THE VERMONT COURT SYSTEM AND LOCAL, STATE AND FEDERAL OFFICES FREQUENTLY CONTACTED BY MEMBERS OF THE LEGAL PROFESSION. A COPY IS DISTRIBUTED TO EVERY MEMBER FREE OF CHARGE.
IRS990/ProgSrvcAccomActyOtherGrp/Desc0MEETINGS - THE VERMONT BAR ASSOCIATION SPONSORS TWO MEETINGS EACH YEAR, THE ANNUAL AND MID-YEAR MEETING, AT WHICH CONTINUING LEGAL EDUCATION SEMINARS ARE OFFERED TOGETHER WITH SOCIAL EVENTS.YOUNG LAWYERS SECTION - A SECTION OF THE VERMONT BAR ASSOCIATION FOR ATTORNEYS WHO HAVE PRACTICES FIVE YEARS OR LESS AND/OR ARE 37 YEARS OF AGE AND UNDER. THE YOUNG LAWYERS SECTION SPONSORS A MID-WINTER MEETING EACH YEAR IN MONTREAL.LAWYER REFERRAL SERVICE - A PUBLIC SERVICE OF THE VERMONT BAR ASSOCIATION THAT PROVIDES REFERRALS TO INDIVIDUALS SEEKING AN ATTORNEY.MEMBERSHIP - MEMBERSHIP IN THE VERMONT BAR ASSOCIATION IS VOLUNTARY. THE MEMBERSHIP PROGRAM TRACKS ALL EXPENSES RELATING TO MEMBERSHIP SUCH AS THE DUES MAILING, PRINTING AND POSTAGE COSTS FOR NOTICES TO ATTORNEYS, ETC. LOBBYING - LOBBYING FOR THE VERMONT BAR ASSOCIATION IS UNDER THE DIRECTION OF ITS EXECUTIVE DIRECTOR. THE ASSOCIATION TRACKS, REPORTS AND TESTIFIES ON LEGISLATION OF IMPORTANCE TO VERMONT LICENSED ATTORNEYS.CASEMAKER - THE VERMONT BAR ASSOCIATION OFFERS ITS MEMBERS ON-LINE LEGAL RESEARCH THROUGH OUR WEB PORTAL.PRO BONO COORDINATOR - THE COORDINATOR IDENTIFIES AND UNIFIES PRO BONO EFFORTS THROUGHOUT VERMONT, PUBLICIZING AND PROMOTING THE WORK OF PRO BONO ATTORNEYS, RECRUITING AND PROVIDING TRAINING FOR PRO BONO ATTORNEYS IN AREAS OF NEED, AND COORDINATING WITH EXISTING ACCESS TO JUSTICE PROGRAMS AND PROJECTS. THE PRO BONO COORDINATOR ALSO PROVIDES SUPPORT SERVICES FOR THE RUTLAND COUNTY PILOT PROJECT AND THE COUNTY LEGAL ASSISTANCE PROJECTS. RUTLAND COUNTY PILOT PROJECT - THE RUTLAND COUNTY PILOT PROJECT IS A VERMONT BAR FOUNDATION FUNDED PROJECT UNDER WHICH MEMBERS OF THE PRIVATE BAR PROVIDE LEGAL SERVICE TO LOW-INCOME PRO SE LITIGANTS IN SPECIFIC CASES IN SUPERIOR, FAMILY AND PROBATE COURTS IN RUTLAND COUNTY. PARTICIPATING ATTORNEYS RECEIVE A REDUCED FEE ($60 PER HOUR) TO REPRESENT ELIGIBLE CLIENTS IN LANDLORD/TENANT, FORECLOSURE AND COLLECTION CASES IN RUTLAND SUPERIOR COURT; IN CHILD SUPPORT CONTEMPT CASES IN RUTLAND FAMILY COURT; AND IN INVOLUNTARY GUARDIANSHIP CASES IN RUTLAND DISTRICT AND FAIR HAVEN DISTRICT PROBATE COURTS. SCREENING FOR ELIGIBILITY IS DONE BY VERMONT LEGAL AID IN BURLINGTON. ATTORNEY COMPENSATION IS GENERALLY CAPPED AT 5 HOURS FOR SUPERIOR COURT CASES, AND AT 3 HOURS FOR INVOLUNTARY GUARDIANSHIP AND FAMILY COURT CASES. COUNTY LEGAL ASSISTANCE PROJECTS - THE COUNTY LEGAL ASSISTANCE PROJECTS ARE MODELED AFTER THE BENNINGTON COUNTY LEGAL ASSISTANCE PROJECT AND THE RUTLAND COUNTY PILOT PROJECT. THEY WILL OPERATE IN MUCH THE SAME MANNER AS THEIR PREDECESSORS AND THEY WILL USE FORMS, LITERATURE AND PROCEDURES DEVELOPED FOR THOSE PROJECTS. THE ADDISON, WINDHAM, WINDSOR AND BENNINGTON COUNTY LEGAL ASSISTANCE PROJECTS SEEK TO PROVIDE REPRESENTATION TO INDIGENT AND LOW-INCOME LITIGANTS LIMITED TO THE FOLLOWING LEGAL AREAS (CHILD SUPPORT CONTEMPT/MODIFICATION; LANDLORD/TENANT DISPUTES; COLLECTION AND FORECLOSURE MATTERS; COLLECTION MATTERS; AND INVOLUNTARY GUARDIANSHIP CASES).CLIENT SECURITY FUND - THE CLIENT SECURITY FUND IS INTENDED TO BE USED TO SATISFY LOSSES TO CLIENTS OF LAWYERS WHO MISHANDLE CLIENT TRUST FUNDS. THE ASSOCIATION HAS ENACTED A $30,000 MAXIMUM AMOUNT PAYABLE PER CASE. THE FUND WAS CREATED THROUGH CONTRIBUTIONS AND DUES ASSESSMENTS.
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IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0THE ASSOCIATION ADOPTED PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD INTERPRETATION NO. 48, "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES." THE ASSOCIATION EVALUATES ITS UNCERTAIN TAX POSITIONS USING THE PROVISIONS OF FASB ASC 450, "CONTINGENCIES". ACCORDINGLY, A LOSS CONTINGENCY IS RECOGNIZED WHEN IT IS PROBABLE THAT A LIABILITY HAS BEEN INCURRED AS OF THE DATE OF THE FINANCIAL STATEMENTS AND THE AMOUNT OF THE LOSS CAN BE REASONABLY ESTIMATED. THE AMOUNT RECOGNIZED IS SUBJECT TO ESTIMATE AND MANAGEMENT JUDGMENT WITH RESPECT TO THE LIKELY OUTCOME OF EACH UNCERTAIN TAX POSITION. THE AMOUNT THAT IS ULTIMATELY SUSTAINED FOR AN INDIVIDUAL UNCERTAIN TAX POSITION OR FOR ALL UNCERTAIN TAX POSITIONS IN THE AGGREGATE COULD DIFFER FROM THE AMOUNT RECOGNIZED. THE ASSOCIATION HAS EVALUATED ITS TAX POSITIONS AND DETERMINED THAT ITS POSITIONS ARE MORE-LIKELY-THAN-NOT TO BE SUSTAINED ON EXAMINATION.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1RENTAL EXPENSES 9,916.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENTAL EXPENSES 9,916.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART XI, LINE 2D - OTHER ADJUSTMENTS:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2PART XII, LINE 2D - OTHER ADJUSTMENTS:
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0MEMBERS
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE PRESIDENT, SECRETARY, AND TREASURER SHALL BE ELECTED TO SERVE ONE YEAR. THE PRESIDENT-ELECT SHALL AUTOMATICALLY ASSUME THE OFFICE OF PRESIDENT AT THE END OF THE PRESIDENT'S TERM. THE SAME PERSON SHALL NOT BE ELECTED PRESIDENT-ELECT TWO YEARS SUCCESSIVELY. THE SECRETARY AND TREASURER SHALL SERVE UNTIL THE FIRST MEETING OF THE BOARD OF MANAGERS AFTER THEIR SUCCESSORS TAKE OFFICE.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2NO ACTION OF A COMMITTEE, SECTION OR DIVISION ESTABLISHES A POLICY OF THIS ASSOCIATION, UNLESS IT HAS BEEN SUBMITTED TO AND APPROVED BY THE BOARD OF MANAGERS. HOWEVER, A COMMITTEE, SECTION OR DIVISION MAY TAKE A POSITION ON A MATTER OF PUBLIC CONCERN AND MAY COMMUNICATE SUCH POSITION, WITH PRIOR NOTICE TO THE PRESIDENT, TO A LEGISLATIVE COMMITTEE OR ADMINISTRATIVE BOARD OR OTHERS, PROVIDED THAT IT SHALL BE CLEARLY STATED THAT SUCH POSITION IS THAT OF THE COMMITTEE, SECTION OR DIVISION AND NOT OF THE ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3EXECUTIVE DIRECTOR, CONTROLLER AND EXECUTIVE COMMITTEE REVIEWS THE RETURN. A COPY IS PROVIDED TO EACH BOARD MEMBER.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION REGULARY AND CONSISTENTLY MONITORS CONFLICTS OF INTEREST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5BOARD OF MANAGERS REVIEWS YEARLY AT BUDGET TIME THE COMPENSATION PACKAGE OF THE EXECUTIVE DIRECTOR AND OTHER EMPLOYEES. THE BOARD OF MANAGERS MAKE THE FINAL DETERMINATION REGARDING SALARY INCREASES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6UPON REQUEST.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt7SOLO CONFERENCE 32,974. YOUNG LAWYERS SECTION EXPENSES 32,820. CONTRACTED SERVICES 30,112. JOURNAL EXPENSES 20,286. DIRECTORY EXPENSES 18,611. BANK CHARGES 15,336. LAWYER REFERRAL SERVICE EXPENSES 11,263. TELEPHONE 6,781. EQUIPMENT MAINTENANCE 5,458. PRESIDENT'S SPECIAL PROJECTS 4,310. COMMITTEES 3,953. NEW ENGLAND BAR ASSOCIATION EXPENSES 3,864. SMALL EQUIPMENT 3,501. COMPUTER EQUIP/TRAINING 2,392. SUBSCRIPTIONS AND WRITTEN MATERIALS 1,745. PROFESSIONAL DUES 1,604. MEMBERSHIP EXPENSES 1,528. POSTAGE 1,242. MISCELLANEOUS 101.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt8THE ORGANIZATIONS AUDIT COMMITTEE PROCEDURES OF THE FINANCIAL STATEMENTS HAVE NOT CHANGED FROM THE PRIOR YEAR.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.82$0.43$2.38$1.20$1.30$0.10
2023Detailed filing. Detailed filing data is available for this year.$2.56$0.41$2.14$1.25$1.17$0.08
2022Detailed filing. Detailed filing data is available for this year.$2.26$0.36$1.90$1.06$0.98$0.07
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.38$0.35$2.03$0.94$0.83$0.11
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.09$0.45$1.64$1.08$1.01$0.07
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.90$0.50$1.40$1.03$1.12$0.08
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.93$0.48$1.45$1.02$1.04$0.02
2017Detailed filing. Detailed filing data is available for this year.$1.73$0.38$1.35$0.96$1.00$0.03
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.68$0.37$1.31$0.91$0.92$0.01
2015Detailed filing. Detailed filing data is available for this year.$1.61$0.35$1.26$1.00$0.97$0.03
2014Detailed filing. Detailed filing data is available for this year.$1.58$0.34$1.25$0.97$0.89$0.07
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.44$0.34$1.09$0.95$0.92$0.03
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.40$0.36$1.03$0.90
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.40$0.39$1.01$0.92
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.29$0.36$0.93$0.96