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ARGENTUM: Form 990, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
ARGENTUM (EIN 54-1563782)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-05-27
IRS object ID
202021489349300102
Schema version
2019v5.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2020-05-27T06:34:22-05:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN111986323PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Marcum LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11899 L Street NW Suite 850AddressLine1Txt
CityWashingtonCityNm
State AbbreviationDCStateAbbreviationCd
ZIP20036ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN541563782EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ArgentumBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlARGEBusinessNameControlTxt
Phone7038941805PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11650 King Street No 602AddressLine1Txt
CityAlexandriaCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22314ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonGina MamonePersonNm
Person TitleChief Financial OfficerPersonTitleTxt
Phone7038941805PhoneNum
Signature2020-05-26SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonFrank H SmithPreparerPersonNm
PTINP00639053PTIN
Phone2022274000PhoneNum
Preparation2020-05-06PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address144.121.95.190IPv4AddressTxt
FieldValueIRS element (for citing)
IP2020-05-26IPDt
IP Tm19:12:50IPTm
IP TimezoneEDIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDA39A3EE5E6B4B0D3255BFEF95601890AFD80709AtSubmissionCreationDeviceId
At Submission Filing Device Id487A913A90A0A966B3CBA68539F8DA44DDDC3DB4AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-04-22 16:20:28ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJames BaldaPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11650 King Street No 602AddressLine1Txt
CityAlexandriaCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22314ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$9,776,233GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website Addresswww.argentum.orgWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1991FormationYr
Legal Domicile StateVALegalDomicileStateCd
Activity Or MissionArgentum is dedicated to professionally operated assisted living communities for seniors.ActivityOrMissionDesc
Voting Members Governing Body27VotingMembersGoverningBodyCnt
Voting Members Independent27VotingMembersIndependentCnt
Total Employee39TotalEmployeeCnt
Total Volunteers27TotalVolunteersCnt
Total Gross UBI$778,560TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$4,201NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$482,500PYContributionsGrantsAmt
CY Contributions Grants$300,308CYContributionsGrantsAmt
PY Program Service Revenue$8,702,209PYProgramServiceRevenueAmt
CY Program Service Revenue$9,197,274CYProgramServiceRevenueAmt
PY Investment Income$16,460PYInvestmentIncomeAmt
CY Investment Income$7,045CYInvestmentIncomeAmt
PY Other Revenue$229,875PYOtherRevenueAmt
CY Other Revenue$235,751CYOtherRevenueAmt
PY Total Revenue$9,431,044PYTotalRevenueAmt
CY Total Revenue$9,740,378CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$4,686,841PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$4,786,782CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$4,956,372PYOtherExpensesAmt
CY Other Expenses$4,818,287CYOtherExpensesAmt
PY Total Expenses$9,643,213PYTotalExpensesAmt
CY Total Expenses$9,605,069CYTotalExpensesAmt
PY Revenues Less Expenses-$212,169PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$135,309CYRevenuesLessExpensesAmt
Total Assets BOY$3,580,855TotalAssetsBOYAmt
Total Assets EOY$4,201,803TotalAssetsEOYAmt
Total Liabilities BOY$2,072,907TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,503,679TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,507,948NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,698,124NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionArgentum is the largest national association exclusively dedicated to professionally operated senior living communities for seniors. Its member-driven programs promote business and operational excellence through national conferences, research, publications and advocacy. Argentum works to influence public policy by advocating for informed choice, quality care and accessibility for all Americans.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescPublic Policy: Argentum's public policy efforts are focused on advocating and supporting meaningful laws and regulations at the state and federal levels. Senior living is regulated in all 50 states, as well as impacted by some federal agencies. Argentum educates stake holders and works collaboratively on behalf of the almost 900,000 residents living in senior living.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescConference and other meetings: The Senior Living Executive Conference and Expo are designed for executives in the senior living industry. The sessions addressed current issues facing senior living executives and provided innovative ideas to help executives navigate challenges. Strategic sessions provided an opportunity to examine a broad range of topics. Sessions provided for greater peer-to-peer exchange on timely and thought-provoking topics.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
DescPublications: Geared toward the senior living executive, it provides operational excellence strategies and related research. The magazine is viewed as the premier industry publication. Argentum has conducted a reader survey to determine reader satisfaction, loyalty and pass along readership. This study was used to aggressively position the magazine as a "must-read" for all senior living executives.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (2 entries)

DescDesc
Education
Advocacy
FieldValueIRS element (for citing)
Described In Section501c30DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign ActyYes (1)PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document24IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee39EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible ContributionsYes (1)NondeductibleContributionsInd
Nondeductible Contri DisclYes (1)NondeductibleContriDisclInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members27GoverningBodyVotingMembersCnt
Independent Voting Member27IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local ChaptersYes (1)LocalChaptersInd
Policies Reference ChaptersYes (1)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Gina MamoneBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7038941805PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11650 King Street No 602AddressLine1Txt
CityAlexandriaCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22314ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (36 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeInd
Timothy J Buchanan
Chairman1.25Yes (X)Yes (X)$0$0$0
Randy J Richardson
Vice Chairman1.25Yes (X)Yes (X)$0$0$0
Pat Mulloy
Vice Chairman1.25Yes (X)Yes (X)$0$0$0
Bruce J Mackey Jr
Treasurer1.25Yes (X)Yes (X)$0$0$0
Kai Hsiao
Treasurer1.25Yes (X)Yes (X)$0$0$0
John Moore
Secretary1.25Yes (X)Yes (X)$0$0$0
Edward R Kenny
Public Policy Comm. Chair1.25Yes (X)Yes (X)$0$0$0
Scott Brinker
Director1.00Yes (X)$0$0$0
Jack Callison
Director1.00Yes (X)$0$0$0
Chris Cummings
Director1.00Yes (X)$0$0$0
John Goodey
Director1.00Yes (X)$0$0$0
Tom H Grape
Director1.00Yes (X)$0$0$0
Dan Guill
Director1.00Yes (X)$0$0$0
Stephanie Handelson
Director1.00Yes (X)$0$0$0
Sarabeth Hanson
Director1.00Yes (X)$0$0$0
Judd Harper
Director1.00Yes (X)$0$0$0
Chris Hyatt
Director1.00Yes (X)$0$0$0
Joel Nelson
Director1.00Yes (X)$0$0$0
Mary Sue Patchett
Director1.00Yes (X)$0$0$0
Bill Pettit Jr
Director1.00Yes (X)$0$0$0
Katie Potter
Director1.00Yes (X)$0$0$0
Robert Probst
Director1.00Yes (X)$0$0$0
Loren Shook
Director1.00Yes (X)$0$0$0
Charlie Trefzger
Director1.00Yes (X)$0$0$0
Collette Valentine-Gray
Director1.00Yes (X)$0$0$0
Patricia Will
Director1.00Yes (X)$0$0$0
Chris Winkle
Director1.00Yes (X)$0$0$0
James Balda
President/CEO40.00Yes (X)$713,333$0$86,447
Gina Mamone
Chief Financial Officer40.00Yes (X)$207,147$0$13,669
Maribeth Bersani
Chief Operating Officer40.00$325,529$0$20,503Yes (X)
Ronald B Williams
VP Business Development40.00$222,949$0$16,566Yes (X)
Brent Weil
VP Workforce40.00$174,000$0$11,014Yes (X)
John Schulte
VP Quality40.00$163,750$0$9,895Yes (X)
Gail Matillo
President FALA40.00$140,000$0$7,600Yes (X)
Gail Harmon
President of TALA40.00$131,000$0$8,661Yes (X)
Paul Williams
VP Professional Development40.00$129,996$0$5,030Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$2,207,704TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$179,385TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K9IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
Freeman Audio Visual Solutions
9900 Business PkwyLanhamMD20706Audio & visual services$390,922
The RK Culinary Group
1220 E Commerce StSan AntonioTX78205Events and fulfillment$234,623
Hodes & Landy
284 State St 2AlbanyNY12210Legal services$228,556
Cassidy and Associates
607 14th St NW 400WashingtonDC20005Public relations services$190,270
Freeman Company
3801 Adler Drive Suite 150DallasTX75211Expo setup$143,100
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt
All Other Contributions$300,308AllOtherContributionsAmt
Total Contributions$300,308TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtExclusionExclusionAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
Membership dues900099$4,168,194$4,168,194
Conference & meetings900099$4,035,977$2,552,322$1,483,655
Publications541800$667,858$69,600$598,258
Credentialing fees900099$200,535$200,535
Training fees900099$56,636$56,636

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$68,074TotalRevenueColumnAmt
Related Or Exempt Func Income$68,074RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$9,197,274TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$14,111TotalRevenueColumnAmt
Exclusion$14,111ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$17,892TotalRevenueColumnAmt
Exclusion$17,892ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$28,789SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$35,855SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$7,066SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$7,066TotalRevenueColumnAmt
Exclusion-$7,066ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtExclusionExclusionAmt
Web advertising900004$180,302$180,302
Other900099$37,557$37,557
FieldValueIRS element (for citing)
Other Revenue Total$217,859OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$9,740,378TotalRevenueColumnAmt
Related Or Exempt Func Income$7,115,361RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$778,560UnrelatedBusinessRevenueAmt
Exclusion$1,546,149ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$1,606,143TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$2,462,069TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$104,313TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$378,926TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$235,331TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$49,340TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$66,648TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$291,157TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$674,564TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$104,967TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$250,248TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$609,491TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$94,609TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$1,875,875TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$309,500TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$43,879TotalAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmt
State chapter expenses$229,336
Training$123,334
Digital production$95,339

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$9,605,069TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$835,934BOYAmt
EOY$600,440EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$467,917BOYAmt
EOY$707,908EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$184,971BOYAmt
EOY$258,957EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$416,484BOYAmt
EOY$558,552EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,745,068LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,355,963LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$577,635BOYAmt
EOY$389,105EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$1,006,003BOYAmt
EOY$1,098,841EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$91,911BOYAmt
EOY$588,000EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$3,580,855BOYAmt
EOY$4,201,803EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$158,221BOYAmt
EOY$157,992EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$1,718,522BOYAmt
EOY$1,564,071EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$196,164BOYAmt
EOY$781,616EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$2,072,907BOYAmt
EOY$2,503,679EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$720,708BOYAmt
EOY$894,454EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$787,240BOYAmt
EOY$803,670EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,507,948BOYAmt
EOY$1,698,124EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$3,580,855BOYAmt
EOY$4,201,803EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$135,309ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$54,867NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

Section527 Political Org Section527PoliticalOrgGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEIN
Argentum Silver PAC
1650 King Street 602AlexandriaVA22314831703038
Argentum New York PAC
C/O Hodes Landy 284 State StreetAlbanyNY12210141783808
FieldValueIRS element (for citing)
Substantially All Dues Nonded0SubstantiallyAllDuesNondedInd
Only In House Lobbying0OnlyInHouseLobbyingInd
Agree Carryover Prior YearYes (1)AgreeCarryoverPriorYearInd
Dues Assessments$4,168,194DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY$291,157NonDeductibleLbbyngPltclCYAmt
Non Ded Lbbyng Pltcl Cyov$44,828NonDedLbbyngPltclCyovAmt
Non Deductible Lbbyng Pltcl Tot$335,985NonDeductibleLbbyngPltclTotAmt
Aggregate Reported Dues Ntc$708,593AggregateReportedDuesNtcAmt
Taxable-$372,608TaxableAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I-A, Line 1:FormAndLineReferenceDesc
ExplanationArgentum itself does not endorse candidates for public office, nor does it explicitly advocate for the election or defeat of particular candidates. Argentum receives funds earmarked for Argentum Silver Political Action Committee either on the Silver PAC portal or any cash/check donations delivered to the office are deposited into the Silver PAC account.ExplanationTxt

Schedule D IRS990ScheduleD

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$670,448OtherCostOrOtherBasisAmt
Depreciation$670,448DepreciationAmt
Book Value$0BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,074,620OtherCostOrOtherBasisAmt
Depreciation$685,515DepreciationAmt
Book Value$389,105BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$389,105TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
Security deposits$25,535
Lease incentive receivable$562,465
FieldValueIRS element (for citing)
Total Book Value Other Assets$588,000TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
Deferred compensation$108,356
Deferred rent and lease incentive$673,260
FieldValueIRS element (for citing)
Total Liability$781,616TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart X, Line 2:FormAndLineReferenceDesc
ExplanationARGENTUM EVALUATED ITS UNCERTAINTY IN INCOME TAXES FOR THE YEAR ENDED DECEMBER 31, 2019, AND DETERMINED THAT THERE WERE NO MATTERS THAT WOULD REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS OR THAT MAY HAVE ANY EFFECT ON ITS TAX-EXEMPT STATUS.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation CommitteeYes (X)CompensationCommitteeInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (6 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
James Balda
President/CEO$513,333$0$200,000$0$0$0$52,831$0$33,616$0$799,780$0$0$0
Gina Mamone
Chief Financial Officer$192,147$0$15,000$0$0$0$11,948$0$1,721$0$220,816$0$0$0
Maribeth Bersani
Chief Operating Officer$310,529$0$15,000$0$0$0$18,755$0$1,748$0$346,032$0$0$0
Ronald B Williams
VP Business Development$179,199$0$43,750$0$0$0$10,785$0$5,781$0$239,515$0$0$0
Brent Weil
VP Workforce$164,000$0$10,000$0$0$0$10,030$0$984$0$185,014$0$0$0
John Schulte
VP Quality$153,750$0$10,000$0$0$0$9,825$0$70$0$173,645$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section B, line 11bA copy of the federal Form 990 is provided by the accounting firm and is reviewed by the President/CEO and Chief Financial Officer prior to the filing of the 990 with the Internal Revenue Service.
Form 990, Part VI, Section B, line 12cIt is the policy of Argentum to assure that conflicts of interest or potential conflicts of interest involving Directors and Officers of Argentum are fully disclosed if the occasion should arise. Each Director and each Officer must promptly report to the Board Chair and the President/CEO any situation which might create a conflict of interest. In addition, each Director must execute a conflict of interest disclosure statement at least annually. Procedures: 1. The material facts of any matter which may result in a conflict of interest or possible conflict of interest on the part of a Director or Officer must be disclosed by the Director or Officer to the Board Chair and the President/CEO of Argentum, either through the annual disclosure statement or when the interest becomes a matter of board action. 2. The Board of Directors shall carefully scrutinize and in good faith approve or disapprove any transaction in which Argentum is a party and in which one or more of Argentum's Directors or Officers has a material financial interest. Any individual having a conflict of interest or possible conflict of interest on any matter should not vote nor use personal influence on the matter. The minutes of the meeting should reflect that a disclosure was made and that the Director abstained from voting. The Board of Directors must approve the transaction by a majority vote, without counting the vote of any Director who has an interest in the transaction. 3. The foregoing requirement should not be construed as to prevent an individual from briefly stating his or her position in the matter, nor from answering pertinent questions from board members, as his or her knowledge may be of great importance. 4. Argentum shall not engage in any transaction with another entity which has one or more directors or officers in common with argentum, unless after the common director or officer discloses the material facts of the transactions and the details of his or her affiliation with the other entity. Argentum's board of directors approves the transaction in good faith by a majority vote without counting the vote of the common director. 5. Argentum shall make no loans of money or property to a Director or Officer, nor shall Argentum guarantee any obligation of a Director or Officer, except as otherwise expressly permitted by the Virginia Nonstock Corporation Act. 6. If there is a difference of opinion between the Board Chair, President/CEO and a Director or Officer as to whether the facts of a given circumstance constitute a potential conflict of interest within the meaning of this policy statement, the matter shall be submitted to the Executive Committee of the Board of Directors, who shall make a final determination whether a potential conflict of interest situation exists or not. 7. Annually the President/CEO and board chair shall send to all members of the Board of Directors and to all officers of argentum a copy of this policy and a conflict of interest disclosure statement to be completed and returned. 8. The President/CEO and Board Chair of Argentum, or his or her designee, shall review each completed disclosure statement; shall make such further investigation of possible conflicts of interest as he or she may deem appropriate; and shall determine whether the information presented on the disclosure statement constitutes a conflict of interest. The President/CEO or board chair, or his or her designee shall then make an appropriate report to the Board of Directors concerning such review and investigation. 9. Any party who has filed a disclosure statement and who disagrees with the determination of the President/CEO and Board Chair, or his or her designee, that the matters contained therein do constitute a conflict of interest, and who desires further review of the matter may request that the matter be submitted by the board chair to the executive committee for further review and final determination. The Board Chair shall submit the matter to the Executive Committee accordingly. Argentum expects all staff working on behalf of Argentum and its membership to uphold certain ethical standards related to employment with Argentum and to avoid situations or dealings that represent or appear to represent a conflict of interest. Staff members may have outside business interests and outside employment so long as these do not interfere with job performance. Staff members may not benefit financially from outside employment or business interests that directly result from an affiliation from Argentum.
Form 990, Part VI, Section B, line 15The Board of Directors adopts an annual program plan and budget each year, which includes measurable goals for the President/CEO. At year end, the Executive Committee meets to review the attained goals and determine the President/CEO's compensation. Along with the year-end review, the committee also does a compensation comparison every few years using such resources as the ASAE compensation study for other President/CEO's in associations of comparable size and location. No board member receives compensation, and the President/CEO determines all staff compensation using the comparative study compiled by ASAE and the employee's year-end review. The review of President/CEO compensation is completed on an annual basis.
Form 990, Part VI, Section C, line 19Argentum makes its governing documents, conflict of interest policy and financial statements available to the public upon request.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationIndPublic Charity StatusPublicCharityStatusTxt
Argentum Silver PAC
1650 King Street Suite 602AlexandriaVA22314831703038Political OrganizationVA527ArgentumYes (1)
Argentum New York PAC
C/O Hodes Landy 284 State StreetAlbanyNY12210141783808Political OrganizationNY527ArgentumYes (1)
Argentum Foundation
1650 King Street Suite 602AlexandriaVA22314842108485Research, education, community engagementVA501(c)(3)ArgentumYes (1)Line 7
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other OrgYes (1)TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd