Civic Intelligence

Automobile Insurers Bureau of Massachusetts

EIN 04-1589700 • 501(c)6 • Boston, MA

Profile

The organization is a voluntary trade association supporting companies that write motor vehicle insurance in Massachusetts. Activities include insurance rate, rule and forms filings and insurance data analysis.

101 Arch StreetBoston, MA 02110-1103

www.aib.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

96th percentile

0.91x

Higher debt load relative to assets than 96% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

54th percentile

0.43x

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

501(c)6 • $10M-$25M nonprofits • Source year 2024

Net Margin

57th percentile

6.5%

Higher net margin than 57% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

48th percentile

$368,724

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 2.7% of source-year revenue.

501(c)6 • $10M-$25M nonprofits • Source year 2024

Asset Growth

11th percentile

-6.9%

Faster asset growth than 11% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

34th percentile

1.9%

Faster revenue growth than 34% of similar nonprofits.

501(c)6 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Down

$6,455,520

Down $477,189 (-6.9%) from 2023

Liabilities

Down

$5,882,364

Down $847,104 (-13%) from 2023

Net Assets

Up

$573,156

Up $369,915 (+182%) from 2023

Revenue

Up

$13,699,252

Up $259,237 (+1.9%) from 2023

Expenses

Down

$12,810,850

Down $62,320 (-0.5%) from 2023

Net Income

Up

$888,402

Up $321,557 (+57%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$8.0M$6.0M$4.0M$2.0M$0Assets 2011: $1,710,333Liabilities 2011: $1,672,119Net Assets 2011: $38,2142011Assets 2012: $2,207,770Liabilities 2012: $1,692,008Net Assets 2012: $515,7622012Assets 2013: $2,189,919Liabilities 2013: $1,860,667Net Assets 2013: $329,2522013Assets 2014: $2,440,010Liabilities 2014: $2,416,688Net Assets 2014: $23,3222014Assets 2015: $2,775,995Liabilities 2015: $2,402,468Net Assets 2015: $373,5272015Assets 2016: $2,812,228Liabilities 2016: $2,583,860Net Assets 2016: $228,3682016Assets 2017: $2,735,202Liabilities 2017: $2,560,769Net Assets 2017: $174,4332017Assets 2018: $2,696,362Liabilities 2018: $2,456,179Net Assets 2018: $240,1832018Assets 2019: $3,141,246Liabilities 2019: $2,832,354Net Assets 2019: $308,8922019Assets 2020: $2,784,103Liabilities 2020: $2,243,096Net Assets 2020: $541,0072020Assets 2021: $2,744,805Liabilities 2021: $2,591,946Net Assets 2021: $152,8592021Assets 2022: $7,444,199Liabilities 2022: $7,263,508Net Assets 2022: $180,6912022Assets 2023: $6,932,709Liabilities 2023: $6,729,468Net Assets 2023: $203,2412023Assets 2024: $6,455,520Liabilities 2024: $5,882,364Net Assets 2024: $573,1562024

Highlighted filing

2024

Assets$6,455,520
Liabilities$5,882,364
Net Assets$573,156

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$15M$10M$5.0M$0Revenue 2011: $10,225,367Expenses 2011: $10,183,676Net Income 2011: $41,6912011Revenue 2012: $10,593,607Expenses 2012: $10,077,778Net Income 2012: $515,8292012Revenue 2013: $10,689,342Expenses 2013: $10,360,090Net Income 2013: $329,2522013Revenue 2014: $10,576,029Expenses 2014: $10,552,960Net Income 2014: $23,0692014Revenue 2015: $10,822,405Expenses 2015: $10,448,863Net Income 2015: $373,5422015Revenue 2016: $11,140,273Expenses 2016: $10,911,938Net Income 2016: $228,3352016Revenue 2017: $11,494,768Expenses 2017: $11,320,292Net Income 2017: $174,4762017Revenue 2018: $11,844,964Expenses 2018: $11,599,317Net Income 2018: $245,6472018Revenue 2019: $12,391,657Expenses 2019: $12,082,765Net Income 2019: $308,8922019Revenue 2020: $12,201,743Expenses 2020: $11,670,551Net Income 2020: $531,1922020Revenue 2021: $12,244,779Expenses 2021: $12,091,937Net Income 2021: $152,8422021Revenue 2022: $13,330,771Expenses 2022: $12,765,702Net Income 2022: $565,0692022Revenue 2023: $13,440,015Expenses 2023: $12,873,170Net Income 2023: $566,8452023Revenue 2024: $13,699,252Expenses 2024: $12,810,850Net Income 2024: $888,4022024

Highlighted filing

2024

Revenue$13,699,252
Expenses$12,810,850
Net Income$888,402

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$6.46$5.88$0.57$13.7$12.8$0.89
2023Detailed filing. Detailed filing data is available for this year.$6.93$6.73$0.20$13.4$12.9$0.57
2022Detailed filing. Detailed filing data is available for this year.$7.44$7.26$0.18$13.3$12.8$0.57
2021Detailed filing. Detailed filing data is available for this year.$2.74$2.59$0.15$12.2$12.1$0.15
2020Detailed filing. Detailed filing data is available for this year.$2.78$2.24$0.54$12.2$11.7$0.53
2019Summary only. Only limited summary data is available for this year.$3.14$2.83$0.31$12.4$12.1$0.31
2018Summary only. Only limited summary data is available for this year.$2.70$2.46$0.24$11.8$11.6$0.25
2017Summary only. Only limited summary data is available for this year.$2.74$2.56$0.17$11.5$11.3$0.17
2016Summary only. Only limited summary data is available for this year.$2.81$2.58$0.23$11.1$10.9$0.23
2015Summary only. Only limited summary data is available for this year.$2.78$2.40$0.37$10.8$10.4$0.37
2014Summary only. Only limited summary data is available for this year.$2.44$2.42$0.02$10.6$10.6$0.02
2013Summary only. Only limited summary data is available for this year.$2.19$1.86$0.33$10.7$10.4$0.33
2012Summary only. Only limited summary data is available for this year.$2.21$1.69$0.52$10.6$10.1$0.52
2011Summary only. Only limited summary data is available for this year.$1.71$1.67$0.04$10.2$10.2$0.04
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
May 15, 2025
Return Version
2024v5.0
Gross Receipts
$13,699,252
Mission and Program Overview

Mission

The organization is a voluntary trade association supporting companies that write motor vehicle insurance in Massachusetts. Activities include insurance rate, rule and forms filings and insurance data analysis.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$1,689,314$2,227,512▲ $538,198
Investments in Publicly Traded Securities$752,557$599,333▼ $153,224
Prepaid Expenses and Deferred Charges$562,720$549,563▼ $13,157
Accounts Receivable$325,120$434,257▲ $109,137
Savings and Temporary Cash Investments$19,382$172,374▲ $152,992
Total Assets$6,932,709$6,455,520▼ $477,189
Other Assets Total$3,583,616$2,472,481▼ $1,111,135
Liabilities
Other Liabilities$4,269,201$3,065,432▼ $1,203,769
Deferred Revenue$2,195,637$2,598,863▲ $403,226
Accounts Payable and Accrued Expenses$264,630$218,069▼ $46,561
Total Liabilities$6,729,468$5,882,364▼ $847,104
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$203,241$573,156▲ $369,915
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$203,241$573,156▲ $369,915
Total Liabilities and Net Assets / Fund Balance$6,932,709$6,455,520▼ $477,189

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$2,472,481--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
William ScullyInterim-PresidentFT$274,060$98,094$372,154
Ira DobrowApplications Development ManagerPT$217,364$92,066$309,430
Jamie McDonoughAVP, Technology & InfrastructurePT$198,239$71,421$269,660
Edith WendellAVP, Data and OperationsFT$179,489$80,260$259,749
Timothy FidlerDatabase and Systems Security ManagerPT$157,250$75,711$232,961
Erik OlsonActuaryFT$193,872$31,803$225,675
Stephen MacaryFinance DirectorPT$157,369$59,718$217,087
Joel ArcieriActuarial Systems DirectorFT$157,344$49,456$206,800
Kim BarberPresidentFT$138,110$36,362$174,472
Michael FariaTechnical AssociateFT$112,767$54,111$166,878
James SidneySenior Systems AnalystPT$129,866$23,898$153,764
Mary BabbittSenior Systems AnalystPT$112,062$39,492$151,554
Steven MichalskiSenior Network AdministratorPT$108,182$42,923$151,105

Board Members and Trustees

NameTitle
-Governing Committee Member
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$11,102,769
Investment Income
$461
Other Revenue
$2,596,022
Change in Net Assets
$888,402

Audited Revenue Reconciliation

Revenue per Audited Statements
$13,699,252
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$0
Total Revenue per Audited Statements
$13,699,252
Total Revenue per Form 990
$13,699,252
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$8,274,109
Salaries, Compensation, and Employee Benefits$4,010,932
Grants and Similar Amounts Paid$525,809
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Payments to Affiliates---$5,100,657
Fees for Services Other---$1,593,117
Current Officers, Directors, Trustees, and Key Employees---$1,547,918
Occupancy---$1,204,980
Other Salaries and Wages---$1,201,685
Pension Plan Contributions---$701,234
Grants to Domestic Orgs---$525,809
Other Employee Benefits---$362,207
Information Technology---$236,823
Payroll Taxes---$197,888
Fees for Services Accounting---$39,518
Office Expenses---$36,003
Insurance---$24,192
Fees for Services Legal---$17,698
Travel---$7,702
Other Expenses---$482
Total Functional Expenses$0$0$0$12,810,850

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$12,810,850
Total Expenses per Audited Statements$12,810,850
Total Expenses per Form 990$12,810,850
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
Other Expense Adjustments$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Dept of Public LicensureBoston, MA--$334,266
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$0
Total Nondeductible Lobbying and Political Cost$0
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
-Common managementAnnual funding requiredNo$5,100,657
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Operating Lease Liabilities$2,711,634
Postretirement Benefits$353,798
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Business relationship with 35% controlled entity
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
No
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

The AIB has members representing insurance groups which write motor vehicle insurance in MA.

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

At a meeting of the members of the AIB called in accordance with the provisions of the AIB Constitution, the Governing Committee is elected from the membership of the AIB.

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

The members of the AIB must approve any changes made to the AIB Constitution.

Form 990, Part VI, Section B, Line 11B

The Form 990 was prepared by the Finance Director and reviewed in detail by the Interim President.

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

Each officer, key employee and Governing Committee representative annually reviews the conflict-of-interest policy, agrees to comply with its terms, and disclose any personal or financial interests that might create a conflict of interest or appearance of impropriety. The AIB will annually review the adequacy of this policy and consistently enforce compliance with its requirements. The AIB will maintain records of the individual's conflict of interest or appearance of impropriety.

Form 990, Part VI, Section B, Line 15

In accordance with the AIB's constitution, the Governing Committee annually conducts a salary review of the President, and periodically engages outside compensation consultants to develop comparability data.

Form 990, Part VI, Section C, Line 19

The AIB makes all of its Governing Committee records, conflict of interest policy and financial statements available to its members. No such information is available to the general public.

Form 990, Part VII, Section A, Line 1A

Col.(B)-45% of Mr. Dobrow's weekly hours are allocated to the Insurance Fraud Bureau of MA. Col.(B)-60% of Mr. McDonough's weekly hours are allocated to the Insurance Fraud Bureau of MA. Col. (B)-50% of Mr. Macary's weekly hours are allocated to the Insurance Fraud Bureau of MA. Col. (B)-50% of Mr. Fidler's weekly hours are allocated to the Insurance Fraud Bureau of MA. Col. (B)-40% of Mr. Sidney's weekly hours are allocated to the Insurance Fraud Bureau of MA. (B)-40% of Ms. Babbitt's weekly hours are allocated to the Insurance Fraud Bureau of MA. (B)-60% of Mr. Michalski's weekly hours are allocated to the Insurance Fraud Bureau of MA.

Filing and Contact Details

Filer

Filer Name
Automobile Insurers Bureau of Massachusetts
EIN
04-1589700
Phone
6174394542
Address
101 Arch Street, Boston, MA 02110-1103

Signing Officer

Name
William H Scully
Title
President
Phone
6174394542
Signed
2025-05-15

Organization Details

Principal Officer
William H Scully
Formed
1925
Legal Domicile
Ma
Voting Board Members
13
Independent Board Members
13
Employees
22
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

The amount of $1,204,980 is for consultants and data services.

Form 990, Part XI, Line 9

The amount includes $518,487 for the reapportionment of prior year excess of income over expenses.

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IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd11X
IRS990/Form990PartVIISectionAGrp/InstitutionalTrusteeInd12X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
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IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd2X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd3X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd4X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd5X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt096269
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt187311
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt269872
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt379100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt430990
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt573518
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt656441
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt748484
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt834311
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt953478
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1023126
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1139074
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1242570
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt220
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt230
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt240
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt250
IRS990/Form990PartVIISectionAGrp/PersonNm0William Scully
IRS990/Form990PartVIISectionAGrp/PersonNm1Ira Dobrow
IRS990/Form990PartVIISectionAGrp/PersonNm2Jamie McDonough
IRS990/Form990PartVIISectionAGrp/PersonNm3Edith Wendell
IRS990/Form990PartVIISectionAGrp/PersonNm4Erik Olson
IRS990/Form990PartVIISectionAGrp/PersonNm5Timothy Fidler
IRS990/Form990PartVIISectionAGrp/PersonNm6Stephen Macary
IRS990/Form990PartVIISectionAGrp/PersonNm7Joel Arcieri
IRS990/Form990PartVIISectionAGrp/PersonNm8Kim Barber
IRS990/Form990PartVIISectionAGrp/PersonNm9Michael Faria
IRS990/Form990PartVIISectionAGrp/PersonNm10James Sidney
IRS990/Form990PartVIISectionAGrp/PersonNm11Mary Babbitt
IRS990/Form990PartVIISectionAGrp/PersonNm12Steven Michalski
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0272455
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt1214781
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt2192353
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt3172113
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt11110010
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IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt250
IRS990/Form990PartVIISectionAGrp/TitleTxt0Interim-President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Applications Development Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt2AVP, Technology & Infrastructure
IRS990/Form990PartVIISectionAGrp/TitleTxt3AVP, Data and Operations
IRS990/Form990PartVIISectionAGrp/TitleTxt4Actuary
IRS990/Form990PartVIISectionAGrp/TitleTxt5Database and Systems Security Manager
IRS990/Form990PartVIISectionAGrp/TitleTxt6Finance Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Actuarial Systems Director
IRS990/Form990PartVIISectionAGrp/TitleTxt8President
IRS990/Form990PartVIISectionAGrp/TitleTxt9Technical Associate
IRS990/Form990PartVIISectionAGrp/TitleTxt10Senior Systems Analyst
IRS990/Form990PartVIISectionAGrp/TitleTxt11Senior Systems Analyst
IRS990/Form990PartVIISectionAGrp/TitleTxt12Senior Network Administrator
IRS990/Form990PartVIISectionAGrp/TitleTxt13Governing Committee Member
IRS990/Form990PartVIISectionAGrp/TitleTxt14Governing Committee Member
IRS990/Form990PartVIISectionAGrp/TitleTxt15Governing Committee Member
IRS990/Form990PartVIISectionAGrp/TitleTxt16Governing Committee Member
IRS990/Form990PartVIISectionAGrp/TitleTxt17Governing Committee Member
IRS990/Form990PartVIISectionAGrp/TitleTxt18Governing Committee Member
IRS990/Form990PartVIISectionAGrp/TitleTxt19Governing Committee Member
IRS990/Form990PartVIISectionAGrp/TitleTxt20Governing Committee Member
IRS990/Form990PartVIISectionAGrp/TitleTxt21Governing Committee Member
IRS990/Form990PartVIISectionAGrp/TitleTxt22Governing Committee Member
IRS990/Form990PartVIISectionAGrp/TitleTxt23Governing Committee Member
IRS990/Form990PartVIISectionAGrp/TitleTxt24Governing Committee Member
IRS990/Form990PartVIISectionAGrp/TitleTxt25Governing Committee Member
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IRS990/FormationYr01925
IRS990/FormerOfcrEmployeesListedInd01
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IRS990/FSAuditedInd01
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IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
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IRS990/MinutesOfCommitteesInd01
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IRS990/MiscellaneousRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/MissionDesc0The organization is a voluntary trade association supporting companies that write motor vehicle insurance in Massachusetts. Activities include insurance rate, rule and forms filings and insurance data analysis.
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IRS990/OtherExpensesGrp/TotalAmt14860
IRS990/OtherExpensesGrp/TotalAmt2482
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IRS990/OtherRevenueMiscGrp/Desc0Management Fees
IRS990/OtherRevenueMiscGrp/Desc1CAR/MAIP Fees
IRS990/OtherRevenueMiscGrp/Desc2Funding-MGL Ch 175 Sect 113V
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IRS990/PartialLiquidationInd00
IRS990/PaymentsToAffiliatesGrp/TotalAmt05100657
IRS990/PayrollTaxesGrp/TotalAmt0197888
IRS990/PensionPlanContributionsGrp/TotalAmt0701234
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt0562720
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0549563
IRS990/PrincipalOfficerNm0William H Scully
IRS990/PriorPeriodAdjustmentsAmt00
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0524298
IRS990/ProgramServiceRevenueGrp/Desc0Membership Fees
IRS990/ProgramServiceRevenueGrp/ExclusionAmt00

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