Chro Association FY2020 filing

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Research and development of human resources policy.

Form 990 Part I, line 1, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 52-0747972) · Dispute this line
501(c)(6) business league; gifts are not tax-deductible as charitable contributions.
65¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
The IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
The latest return is for FY2024, 2 tax years back.
IRS e-file · Filing history
Surplus or deficit
4 of 5
filings with a surplus
Average surplus $702K a year · 6% of revenue · last 5 filings
A surplus in 4 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
65%
of spending
65% of spending went to programs.
Pt IX · Ln 25 · col B
4.2 mo
of spending, in cash
4.2 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$6.7M
139% of total assets
Liabilities are 139% of assets.
Pt X · Ln 26
Independent board members
38
of 38 voting members
38 of 38 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$9.3M
Spent
$9.3M
To programs
65%
Net assets
−$1.9M
By yearFY2020–FY2024
Revenue
$9.3M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$9.3M
FY2021$10.2M
FY2022$12.6M
FY2023$13.9M
FY2024$13.5M
Expenses
$9.3M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$9.3M
FY2021$9.1M
FY2022$11.1M
FY2023$13.0M
FY2024$13.4M
Net assets
−$1.9M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020−$1.9M
FY2021−$846K
FY2022$575K
FY2023$1.7M
FY2024$1.8M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 1959.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

65 cents of each dollar spent went to programs.

Program services 65% · $6.0M

Form 990 Part IX, line 25. Every line is in By the numbers.

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Who runs it and what they're paid

41 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Chro Association executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2Yes

Programs and updates

Develops policies to improve how people are managed and supported in their work.

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1 program · $6.0M · in their own filed words · FY2020
01

Key practice areas include talent and workforce development, healthcare, executive compensation, labor law, labor relations, wage and hour issues, employment policy, immigration, retirement security, international human resource and labor relations developments, and member education, development and networking.

Form 990 Part III, line 4, FY2020. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 52-0747972) · Dispute this line
$6.0Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 6 grants · $87K · 2020–2024

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$9.3M
Ln 12
Fees for servicesLn 2g$8.9M
Other incomeLn 4–11$173K
Gifts and grantsLn 1h$115K
Money outPt IX
$9.3M
Ln 25
Programscol B$6.0M
Owns and owesPt X
−$1.9M
net assets · Ln 32
Cash and savingsLn 1–2$3.3M
Total assetsLn 16$4.8M
LiabilitiesLn 26$6.7M
PeoplePt VI, VII
41
listed · VII A
PaidVII A0
Voting boardVI 1a38
IndependentVI 1b38
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$115K
Fees for servicesLn 2g$8.9M
Investment incomeLn 3$21K
Other incomeLn 4–11$173K
Gains on assetsLn 7−$41K
Total revenueLn 12$9.3M
Assets in detailPt X, end of year
SavingsLn 2$3.3M
Cash and savings togetherLn 1–2$3.3M
Accounts receivableLn 4$31K
Prepaid expenses and deferred chargesLn 9$333K
Land, buildings, equipmentLn 10c$536K
InvestmentsLn 11–13$685K
Total assetsLn 16$4.8M
LiabilitiesLn 26$6.7M
Net assetsLn 32−$1.9M
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$2.4M$3.3M
InvestmentsLn 11–13$652K$685K
Land, buildings, equipmentLn 10c$381K$536K
Total assetsLn 16$3.9M$4.8M
LiabilitiesLn 26$5.8M$6.7M
Net assetsLn 32−$1.9M−$1.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$56K
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of officers and key staff (Part IX, line 5)Ln 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$0
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$0
Payroll taxesLn 10$0
Management feesLn 11a$2.6M
Legal feesLn 11b$752K
Accounting feesLn 11c$0
Lobbying feesLn 11d$2.8M
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$6K
Other fees for servicesLn 11g$3.6M
Advertising and promotionLn 12$4K
Office expensesLn 13$137K
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$408K
TravelLn 17$220K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$0
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$360K
InsuranceLn 23$6K
Other expenses (24a–d)Ln 24$244K
All other expensesLn 24e−$2.0M
Total functional expensesLn 25$9.3M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 LatestFiled with the IRS Nov 4, 2025 $13.5M$13.4M$95K$1.8M 990 PDF
FY2023Filed with the IRS Aug 16, 2024 $13.9M$13.0M$912K$1.7M 990 PDF
FY2022Filed with the IRS Oct 8, 2023 $12.6M$11.1M$1.4M$575K 990 PDF
FY2021Filed with the IRS Aug 15, 2022 $10.2M$9.1M$1.1M−$846K 990 PDF
FY2020 ViewingFiled with the IRS Aug 12, 2021 $9.3M$9.3M−$1K−$1.9M 990 PDF

Schedules filed Part IV

A · Public support I · Grants O · Explanations
See the full FY2020 990
Part I · Summary $9,257,850 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $778,000$115,000
I-9 Program service revenuePrior year $9,570,461$8,949,261
I-10 Investment incomePrior year $40,954−$20,759
I-11 Other revenuePrior year $150,000$214,348
I-12 Total revenuePrior year $10,539,415$9,257,850
I-13 Grants and similar amounts paidPrior year $637,403$55,900
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $0$0
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $9,852,700$9,203,057
I-18 Total expensesPrior year $10,490,103$9,258,957
I-19 Revenue less expensesPrior year $49,312−$1,107
Part VI · Governance 38 of 38 board members independent, 3 to look at
VI-1a Voting members of the governing body38
VI-1b Independent voting members38
VI-2 Family or business relationship among officers or directorsYes
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $9,257,850 across 9 lines filed
VIII-1f All other contributions, gifts and grants$115,000
VIII-1h Total contributions, gifts and grants$115,000
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $8,949,261$8,949,261
VIII-3 Investment incomeExcluded from tax $20,652$20,652
VIII-5 RoyaltiesExcluded from tax $214,348$214,348
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$41,411−$41,411
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $8,949,261 · Excluded from tax $193,589$9,257,850
Part IX · Statement of functional expenses $9,258,957 across 31 lines filed
IX-1 Grants to domestic organizations$55,900
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of officers and key staff (Part IX, line 5)$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$0
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$0
IX-10 Payroll taxes$0
IX-11a Management fees$2,631,000
IX-11b Legal fees$752,108
IX-11c Accounting fees$0
IX-11d Lobbying fees$2,830,000
IX-11f Investment management fees$5,903
IX-11g Other fees for services$3,631,772
IX-12 Advertising and promotion$3,609
IX-13 Office expenses$136,824
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$408,000
IX-17 Travel$219,572
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$0
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$360,003
IX-23 Insurance$5,846
IX-24 Other expenses (24a–d)$244,145
IX-24e All other expenses−$2,025,725
IX-25 Total functional expenses$9,258,957
Part X · Balance sheet $4,840,521 assets, 30 lines filed
X-1 Cash, non-interest-bearingStart of year $0$0
X-2 Savings and temporary cash investmentsStart of year $2,379,722$3,255,572
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $64,509$31,474
X-5 Loans to officers and key peopleStart of year $0$0
X-6 Loans to other insidersStart of year $0$0
X-7 Notes and loans receivableStart of year $0$0
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $163,646$332,595
X-10c Land, buildings and equipment, netStart of year $381,488$535,599
X-11 Publicly traded securitiesStart of year $652,123$685,281
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $215,480$0
X-16 Total assetsStart of year $3,856,968$4,840,521
X-17 Accounts payable and accrued expensesStart of year $437,055$172,592
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $5,333,155$6,553,933
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-21 Escrow or custodial accountsStart of year $0$0
X-22 Loans from officers and insidersStart of year $0$0
X-23 Secured mortgages and notes payableStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $0$0
X-26 Total liabilitiesStart of year $5,770,210$6,726,525
X-27 Net assets without donor restrictionsStart of year −$1,913,242−$1,886,004
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year −$1,913,242−$1,886,004
X-33 Total liabilities and net assetsStart of year $3,856,968$4,840,521
Part XI · Reconciliation of net assets −$1,886,004 net assets at year end
XI-1 Total revenue$9,257,850
XI-2 Total expenses$9,258,957
XI-3 Revenue less expenses−$1,107
XI-4 Net assets at start of year−$1,913,242
XI-5 Net unrealized gains (losses) on investments$28,345
XI-10 Net assets at end of year−$1,886,004

Form 990 e-file FY2020 from the IRS (about our sources) · Classification, formation year and address from the IRS Business Master File

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