2023-04-12T12:14:45-05:00 2022-05-31 221478099 COHNREZNICK LLP 1301 AVENUE OF THE AMERICAS NEW YORK NY 10019 990 2021-06-01 131101547 THE NEW YORK STATE SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS NEWY 2127198300 14 WALL STREET 19TH FLOOR NEW YORK NY 10005 CALVIN HARRIS JR CHIEF EXECUTIVE OFFICER 2127198300 2023-04-10 1 CALVIN HARRIS JR XXX-XX-XXXX LORI ROTHE YOKOBOSKY CPA P01273422 2122970400 2023-04-10 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z CALVIN HARRIS JR 14 WALL STREET 19TH FLOOR NEW YORK NY 10005 11563963 0 X WWW.NYSSCPA.ORG X 1897 NY TO CULTIVATE, PROMOTE, AND DISSEMINATE KNOWLEDGE AND INFORMATION CONCERNING CERTIFIED PUBLIC ACCOUNTANTS. 39 39 41 2225 171251 0 8223705 8773918 641032 825126 297693 256906 206786 244993 9369216 10100943 1162916 868081 0 0 3427323 3759104 0 0 0 3480878 3557766 8071117 8184951 1298099 1915992 14712929 15747345 4668069 4259449 10044860 11487896 X THE NEW YORK STATE SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS (NYSSCPA) IS ONE OF THE LARGEST STATE ACCOUNTING ORGANIZATIONS IN THE NATION WITH APPROXIMATELY 24,000 MEMBERS. IT WAS INCORPORATED IN 1897 FOR THE FOLLOWING PURPOSES TO CULTIVATE, PROMOTE, AND DISSEMINATE KNOWLEDGE AND INFORMATION CONCERNING CERTIFIED PUBLIC ACCOUNTANTS, TO ESTABLISH AND MAINTAIN HIGH STANDARDS OF INTEGRITY, HONOR, AND CHARACTER AMONG CERTIFIED PUBLIC ACCOUNTANTS, TO FURNISH INFORMATION REGARDING ACCOUNTANCY AND THE PRACTICE AND METHODS THEREOF TO ITS MEMBERS AND THE GENERAL PUBLIC TO PROTECT THE INTEREST OF ITS MEMBERS AND THE GENERAL PUBLIC WITH RESPECT TO THE PRACTICE OF ACCOUNTANCY. THE SOCIETY FULFILLS ITS MISSION THROUGH ITS 15 CHAPTERS, MORE THAN 60 TECHNICAL AND ADMINISTRATIVE COMMITTEES, AND A 39-VOTING-MEMBER BOARD OF DIRECTORS. THE ADMINISTRATIVE OPERATIONS ARE UNDER THE DIRECTION OF THE EXECUTIVE DIRECTOR, ASSISTED BY A PROFESSIONAL STAFF OF APPROXIMATELY 41. 0 0 MEMBERSHIP SERVICESTHE NYSSCPA LAUNCHED ITS UPDATED STRATEGIC PLAN CHANNELING ITS ACTIVITIES TO FIVE CORE GOALS INCLUDING: (1) PROFESSIONAL EXCELLENCE AND INTEGRITY; (2) ADVOCACY; (3) MEMBERSHIP GROWTH AND DEVELOPMENT; (4) PUBLIC AWARENESS; AND (5) PROACTIVE TRANSFORMATION.NYSSCPA PRODUCED 22 COMMENT LETTERS DURING THE 2021-2022 FISCAL YEAR THAT WERE SENT TO REGULATORS SUCH AS THE NEW YORK STATE DEPARTMENT OF HEALTH (DOH), NEW YORK STATE BOARD OF PUBLIC ACCOUNTANCY (NYSBPA), AMERICAN INSTITUTE OF CPAS (AICPA), FINANCIAL ACCOUNTING STANDARDS BOARD (FASB), INTERNATIONAL AUDITING AND ASSURANCE STANDARDS BOARD (IAASB), INTERNATIONAL FINANCIAL REPORTING STANDARDS FOUNDATION (IFRS) FINANCIAL CRIMES ENFORCEMENT NETWORK AGENCY (FINCEN), SECURITIES AND EXCHANGE COMMISSION (SEC), AND STATE AND FEDERAL LAWMAKERS. ANALYSIS AND COMMENTARY WAS DRIVEN BY THE WORK OF THE SOCIETY'S TECHNICAL COMMITTEES. THESE MORE THAN 50 COMMITTEES MET, COLLECTIVELY, MORE THAN 400 TIMES IN THE 2021-2022 FISCAL YEAR AND PRODUCED NEARLY 20 FULL-DAY CONFERENCES AS PART OF THEIR ANNUAL ACTIVITIES, INCLUDING THE 43RD ANNIVERSARY EDITION OF THE ANNUAL NOT-FOR-PROFIT CONFERENCE. NYSSCPA COMMITTEES ALSO PROVIDE A FORUM FOR HIGH-LEVEL TECHNICAL DISCUSSION AND PROFESSIONAL RESOURCES, SKILL DEVELOPMENT AND NETWORKING OPPORTUNITIES FOR THE MEMBERSHIP AS WELL AS FOR EXTERNAL AUDIENCES.ADVOCACY PLAYED A BIG ROLE IN THE 2021-2022 FISCAL YEAR FOR THE NYSSCPA. THE NYSSCPA MODIFIED ITS ANNUAL LEGISLATIVE AGENDA TO CONTINUE ITS WORK IN STRENGTHENING THE PROFESSION AND PROTECTING THE PUBLIC THAT CPAS ARE LICENSED TO SERVE. WE CONTINUED ADVOCATING AGAINST THE LANGUAGE IN THE FALSE CLAIMS ACT (FCA), WHICH WAS HALTED IN THE ASSEMBLY AND AT THE EXECUTIVE LEVEL WITH THE GOVERNOR, MAINLY DUE TO OUR EFFORTS. WE WERE ALSO PRODIGIOUS IN ENSURING NEW YORK STATE EXTENDED TAX DEADLINES BY RECOUPLING WITH THE INTERNAL REVENUE SERVICE (IRS). IN ORDER TO MAINTAIN OUR ALREADY ESTABLISHED RELATIONSHIPS AND CREATE NEWS ONES WITH LEGISLATORS, WE HOST A SERIES OF LOCAL LEGISLATIVE BREAKFASTS ACROSS NEW YORK STATE TO BRING TOGETHER LEGISLATORS WITH THEIR CPA CONSTITUENTS. WE ALSO WELCOMED THE NEW YORK STATE COMPTROLLER, THOMAS P. DINAPOLI TO JOIN US AS OUR KEYNOTE SPEAKER AT OUR 125TH ANNIVERSARY CELEBRATION. IN LIGHT OF PRESSING CONCERNS SURROUNDING THE AFTERMATH OF COVID-19, NATURAL DISASTERS, AND A CPA SHORTAGE, THE NYSSCPA HAS CONTINUED TO LOBBY FOR SMART, FORWARD-THINKING LEGISLATION THAT WOULD EASE THE BURDEN FOR TAXPAYERS AND PREPARERS. FOR EXAMPLE, THE NYSSCPA HAS LOBBIED FOR AN EXTENSION TO THE E-SIGNATURE BILL THAT WOULD ALLOW E-SIGNATURE THROUGH A POWER OF ATTORNEY, LEGISLATION THAT WOULD ALLOW NON-CPAS OWNERSHIP STAKES IN CPA FIRMS AND COMPANIES, AND LEGISLATION THAT WOULD ENSURE FINANCIAL LITERACY IS TAUGHT IN NEW YORK STATE'S PUBLIC HIGH SCHOOLS. TO HELP NYSSCPA MEMBERS STAY ABREAST OF ACTIVE LEGISLATIVE EFFORTS, THE NYSSCPA CREATED THE LEGISLATIVE UPDATE. THE LEGISLATIVE UPDATE IS A MONTHLY DIGITAL NEWSLETTER TAKING AN IN-DEPTH LOOK INTO THE NYSSCPA'S ADVOCACY EFFORTS, HOW THEY ARE WORKING ON BEHALF OF MEMBERS, LEGISLATIVE VICTORIES, SPOTLIGHTS ON THE LEGISLATIVE AGENDA, NEWS ARTICLES, NYSSCPA COMMENT LETTERS AND MORE. DURING THE 2021-2022 FISCAL YEAR, THE SOCIETY SUCCESSFULLY RECRUITED AND ADMITTED 1,319 NEW MEMBERS. THE CURRENT MEMBERSHIP IS 19,591 (FIGURES BASED ON MARCH 7, 2023 MEMBERSHIP REPORT). CAMPAIGNS TO INCREASE MEMBERSHIP THIS YEAR INCLUDED CONTINUATION OF THE NEXTGEN PROGRAM, WHICH INCLUDED RECRUITMENT AND RETENTION INITIATIVES AIMED AT FINANCIAL AND ACCOUNTING PROFESSIONALS 40 AND UNDER. ONE OF THE PROGRAMS TO SUPPORT THIS INITIATIVE WAS THE LEADERSHIP INSTITUTE. THIS PROGRAM IDENTIFIED PROMISING YOUNG LEADERS, ALLOWED THEM TO ATTEND A FORMAL LEADERSHIP DEVELOPMENT PROGRAM, AND HELPED GROOM THEM AS POTENTIAL FUTURE LEADERS.THE PROGRAM ALSO INCLUDED INDIVIDUAL COACHING SESSIONS FOR EACH OF THE PARTICIPANTS, AS WELL AS ACTION PLAN TEMPLATES TO INCREASE LEADERSHIP WITHIN THE SOCIETY AND ALSO IN THEIR PERSONAL AND PROFESSIONAL DEVELOPMENT. ADDITIONALLY, THE SOCIETY CONTINUED ITS EMERGING LEADERS (FORMERLY FORTY UNDER 40) AWARDS PROGRAM TO RECOGNIZE MEMBERS UNDER 40 THAT MADE A SIGNIFICANT IMPACT IN THEIR BUSINESS AND COMMUNITY. OTHER AREAS OF MEMBERSHIP DEVELOPMENT INCLUDED OUTREACH TO NONMEMBER EDUCATIONAL (FAE) ATTENDEES, THE MEMBER GET A MEMBER CAMPAIGN, AND VARIOUS OTHER OUTREACH INITIATIVES TO PROSPECT SEGMENTS. THE SOCIETY ALSO HOSTED ITS ANNUAL ACCOUNTING CAREER FAIR IN SEPTEMBER 2021, WHICH ATTRACTED COLLEGE STUDENTS AND THOSE EARLY IN THEIR CAREER FROM PREDOMINATELY THE BOROUGHS.THE NYSSCPA CONCLUDED THE FISCAL YEAR ON A HIGH NOTE CELEBRATING 125 YEARS AS A STATE SOCIETY AT A GALA EVENT IN APRIL 2022, FOLLOWED BY ITS ANNUAL MEETING IN MAY. NYSSCPA CHAPTERSEACH YEAR, THE NYSSCPA OFFICERS AND CEO VISIT EACH OF THE SOCIETY'S 15 CHAPTERS TO PROVIDE AN UPDATE TO MEMBERS ABOUT THE SOCIETY'S ACTIVITIES AND COLLECT FEEDBACK REGARDING THE SOCIETY'S PRIORITIES, PROGRAMS AND VALUE TO MEMBERS. ADDITIONALLY, EACH CHAPTER HOSTED AN ORGANIZATIONAL MEETING DURING THE MONTH OF JUNE 2021 TO PROVIDE AN OPPORTUNITY FOR THE MEMBERSHIP TEAM TO KEEP A PULSE ON SUCCESSES AND CHALLENGES FROM A CHAPTER OPERATIONS PERSPECTIVE. MULTIPLE CHAPTERS COLLABORATED AND HELD JOINT VIRTUAL TOWN HALL/PIUS, AND CPA ETHICS UPDATE MEETINGS. DURING THE 2021-2022 FISCAL YEAR, NYSSCPA CHAPTERS COLLECTIVELY SPONSORED MORE THAN 79 CPE PROGRAMS. THEY ALSO PRODUCED APPROXIMATELY 93 NON-CPE PROGRAMS (INCLUDING 75 CHAPTER BOARD MEETINGS), RANGING FROM GOLF OUTINGS AND NETWORKING FOR YOUNG PROFESSIONALS, TO COMMUNITY SERVICE AND COLLEGE OUTREACH EVENT. THE CPA JOURNALTHE CPA JOURNAL, THE NYSSCPA'S FLAGSHIP PUBLICATION, IS AN INTERNATIONALLY RECOGNIZED BI-MONTHLY, DOUBLE-BLIND PEER-REVIEWED JOURNAL.THE CPA JOURNAL, THE VOICE OF THE PROFESSION, FOCUSES ON THE INFORMATION AND TECHNICAL NEEDS OF CPAS AND OTHER ACCOUNTING AND FINANCE PROFESSIONALS. THIS YEAR MARKED THE JOURNAL'S 91ST YEAR OF CONTINUOUS PUBLICATION IN A PERIOD OF EXTRAORDINARY CHALLENGE FOR THE PROFESSION.THE JOURNAL RESPONDED QUICKLY TO THE CHALLENGES FACING PRACTITIONERS DURING COVID BY PROVIDING PRACTICAL AND ACTIONABLE GUIDANCE ON THE IMPACT OF THE PANDEMIC ON THE PROFESSION. ARTICLES INCLUDED, HOW TO EFFECTIVELY MANAGE A REMOTE WORK FORCE, HOW TO APPLY ADVANCED CYBERSECURITY TECHNIQUES TO INSURE FINANCIAL INTEGRITY AND SECURITY. ADDITIONAL ARTICLES FOCUSED ON HOW TO APPLY ROBOTIC PROCESS AUTOMATION, DATA ANALYTICS AND AI IN ACCOUNTING, AUDITING, AND FINANCIAL REPORTING.OVER THE PAST FEW YEARS IN ADDITION TO THE PANDEMIC, A SERIES OF SIGNIFICANT EVENTS OUTSIDE OF THE PROFESSION INFORMED A NUMBER OF ARTICLES ON, DIVERSITY, EQUITY, AND INCLUSION (DEI). ARTICLES FOCUSED ON THE BENEFITS TO FIRMS AND THE PUBLIC OF A MORE DIVERSE AND INCLUSIVE PROFESSION. THE CPA JOURNAL ALSO PUBLISHED ARTICLES ON HOW TO HAVE A CONVERSATION ABOUT RACE AND RACISM WITHIN ACCOUNTING FIRMS AND HOW TO RECRUIT AND RETAIN A DIVERSE WORKFORCE. IN ADDITION, FOR THE FIRST TIME, CPA JOURNAL FEATURED AN ARTICLE WRITTEN BY LEADERS OF THE CHINESE AMERICAN SOCIETY OF CPAS ON DIVERSITY AND INCLUSION WITHIN THE CPA PROFESSION. THE QUALITY OF THE JOURNAL'S CONTENT WAS RECOGNIZED BY FOLIO, PLACING AS A FINALIST IN FOUR CATEGORIES OVER THE PAST FEW YEARS AT THE MAGAZINE'S EDDIE & OZZIE AWARDS AND IN FIVE CATEGORIES AT THE FOLIO MAGAZINE AWARDS CONFERENCE. IN ADDITION, OUR OPEN ACCESS WEBSITE, CPAJOURNAL.COM, CONTINUED TO GROW. WITH WEEKLY RELEASES, OUR MONTHLY VIEWERSHIP HAS RISEN TO OVER 160,000 UNIQUE VISITORS AND OVER 400,000 MONTHLY PAGE VIEWS, MAKING CPAJOURNAL.COM AMONG THE TOP LEADING ONLINE TECHNICAL PUBLICATIONS ON THE INTERNATIONAL ACCOUNTING LANDSCAPE. THE SITE ALSO SAW THE ADDITION OF NEW EPISODES IN THE "VOICE OF THE PROFESSION" VIDEO SERIES, ALSO AN AWARD FINALIST, COMPRISING INTERVIEWS WITH GLOBAL AND LOCAL THOUGHT LEADERS. 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 15 0 1 41 1 1 1 0 0 0 0 0 0 0 X 39 39 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 0 0 X X PATRICK PAYANO 2127198337 14 WALL STREET 19TH FLOOR NEW YORK NY 10005 A'ISHA TORRENCE DIRECTOR 1.00 X 0 0 0 ALEXANDER RESNICK DIRECTOR 1.00 X 0 0 0 CHARLES WEINTRAUB DIRECTOR AT LARGE 1.00 X 0 0 0 CRAIG A ZELLAR DIRECTOR 1.00 X 0 0 0 DAVID YOUNG VICE PRESIDENT 1.00 X X 0 0 0 DENISE STEFANO DIRECTOR AT LARGE 1.00 1.00 X 0 0 0 EDWARD ARCARA IMMEDIATE PAST PRESIDENT 5.00 1.00 X X 0 0 0 EDWARD LEE DIRECTOR AT LARGE 1.00 X 0 0 0 ELLIOT HENDLER DIRECTOR AT LARGE 1.00 X 0 0 0 JENNIFER PICKETT DIRECTOR 1.00 X 0 0 0 JENNIFER STONE DIRECTOR 1.00 X 0 0 0 JOHN A MOURER DIRECTOR 1.00 X 0 0 0 JOHN HUTTLINGER DIRECTOR 1.00 X 0 0 0 KATELYN KOGAN DIRECTOR AT LARGE 1.00 X 0 0 0 KELLY CAPRON VICE PRESIDENT 1.00 X X 0 0 0 KEVIN MATZ VICE PRESIDENT 1.00 12.50 X X 0 0 0 KIMBERLY JOHNSON VICE PRESIDENT 1.00 X X 0 0 0 LIREN WEI DIRECTOR 1.00 X 0 0 0 LISA MRKALL DIRECTOR 1.00 X 0 0 0 LYNNE FUENTES PRESIDENT ELECT 1.00 1.00 X X 0 0 0 MARGARET CHEN DIRECTOR AT LARGE 1.00 X 0 0 0 MARIA PETROLLESE DIRECTOR 1.00 X 0 0 0 MARIA SUPPA DIRECTOR 1.00 X 0 0 0 MARK ULRICH DIRECTOR AT LARGE 1.00 X 0 0 0 MICHAEL KOEPPEL DIRECTOR AT LARGE 1.00 X 0 0 0 MICHAEL MILISITS DIRECTOR 1.00 X 0 0 0 ORUME A HAYS DIRECTOR AT LARGE 1.00 X 0 0 0 PATRICIA MCGRATH VICE PRESIDENT 1.00 X X 0 0 0 PHILIP LONDON DIRECTOR AT LARGE 1.00 X 0 0 0 RAMONA CEDENO DIRECTOR AT LARGE 1.00 X 0 0 0 RONALD RIES DIRECTOR 1.00 X 0 0 0 RUMBIDZAI BWERINOFA PETROZZELLO PRESIDENT 5.00 X X 0 0 0 SHARON SICA-COSTANZO DIRECTOR 1.00 X 0 0 0 SHMUELI MILECKI DIRECTOR AT LARGE 1.00 X 0 0 0 STEVEN BAIERLEIN DIRECTOR AT LARGE 1.00 X 0 0 0 THOMAS PIRRO SECRETARY/TREASURER 5.00 6.00 X X 0 0 0 WILLIAM DRESNACK DIRECTOR AT LARGE 1.00 X 0 0 0 WILLIAM HUETHER DIRECTOR 1.00 X 0 0 0 ZACHARY GORDON DIRECTOR AT LARGE 1.00 X 0 0 0 JOANNE BARRY EXECUTIVE DIRECTOR 28.50 9.00 X 370484 116996 53177 PATRICK PAYANO CHIEF FINANCIAL OFFICER 22.70 14.80 X 117501 76715 34262 REVIRA BRENNAN CHIEF OPERATING OFFICER 26.40 11.10 X 143398 60003 23604 ERNEST MARKEZIN DIRECTOR OF QUALITY ENHANCEMENT 35.30 2.20 X 249541 15224 52835 ANTOINE JULIAN FLETCHER DIRECTOR-HUMAN RESOURCES 28.10 9.40 X 96066 32022 25702 EMILY FRIZZELL CHIEF MARKETING AND COMMUNICATIONS DIRECTOR 24.40 13.10 X 90755 48869 25549 RICHARD KRAVITZ EDITOR-IN-CHIEF, CPA JOURNAL 37.50 X 115465 0 39858 TIMOTHY TWOFOOT BOULETTE GENERAL COUNSEL 22.50 15.00 X 70522 47016 25579 XIOMARA FOX MANAGER-MEMBER SERVICES 33.60 3.90 X 104127 12216 48209 1357859 409061 328775 12 0 1 0 JACKSON LEWIS PC 1133 WESTCHESTER AVENUE WEST HARRISON NY 10604 LEGAL SERVICES 144736 1 8086787 687131 8773918 CPA JOURNAL 541900 452981 328194 124787 MEETINGS AND CONFERENCES 541900 215526 215526 THE TRUSTED PROFESSIONAL 541900 107150 105390 1760 WEBSITE ADVERTISING 541900 44704 44704 MEMBER SERVICES 541900 4765 4765 825126 98685 98685 244813 244813 1621241 1463020 158221 158221 158221 180 180 180 10100943 654055 171251 501719 868081 989233 2117001 199641 214845 238384 140312 79595 43484 450244 5390 369073 527142 1008510 9336 242187 17698 294749 106356 CREDIT CARD FEES 210623 SALES COMMISSION 44475 BAD DEBT 8342 UBIT TAX 250 8184951 6243955 5338142 2129895 2338621 208154 252687 6409657 5723382 739770 686275 5390166 7130631 989 989 14712929 15747345 719327 933629 2649355 3064158 957077 57103 342310 204559 4668069 4259449 X 10044860 11487896 10044860 11487896 14712929 15747345 1915992 -472956 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 1 8086787 292142 564525 856667 161736 694931 995208 837664 157544 1962416 1791782 170634 3452033 3093936 358097 686275 DEFERRED RENT 179757 CAPITAL LEASE OBLIGATIONS 24802 204559 X 11563970 -472956 1979467 1506511 10057459 43484 43484 10100943 10319983 2178516 2178516 8141467 43484 43484 8184951 PART X, LINE 2: THE ORGANIZATION BELIEVES THAT IT HAS TAKEN NO SIGNIFICANT UNCERTAIN TAX POSITIONS AT MAY 31, 2022 AND 2021. THE ORGANIZATION'S FEDERAL AND STATE INCOME TAX RETURNS PRIOR TO FISCAL YEAR 2019 ARE CLOSED, AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. PART XI, LINE 2D - OTHER ADJUSTMENTS: AFFILIATED ORGANIZATIONS' REVENUE 2,847,548. INTERCOMPANY ELIMINATIONS -868,081. PART XII, LINE 2D - OTHER ADJUSTMENTS: AFFILIATED ORGANIZATIONS' EXPENSES 3,046,597. INTERCOMPANY ELIMINATIONS -868,081. 1 FOUNDATION FOR ACCOUNTING EDUCATION INC 14 WALL STREET 19TH FLOOR NEW YORK NY 10005 237171151 501(C)(3) 600120 0 AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE. MOYNIHAN SCHOLARSHIP FUND INC 14 WALL STREET 19TH FLOOR NEW YORK NY 10005 822444864 501(C)(3) 267961 0 AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE 2 0 PART I, LINE 2: THE GRANTS ARE GIVEN TO AN AFFILIATED ORGANIZATION THAT SHARES 3 COMMON BOARD MEMBERS. THESE BOARD MEMBERS ARE ABLE TO MONITOR THE USE OF THE GRANT FUNDS. X X 0 0 0 JOANNE BARRY EXECUTIVE DIRECTOR 367224 115966 0 0 3260 1030 16492 5208 23922 7555 410898 129759 0 0 ERNEST MARKEZIN DIRECTOR OF QUALITY ENHANCEMENT 246107 15015 0 0 3434 209 19783 1207 30014 1831 299338 18262 0 0 PATRICK PAYANO CHIEF FINANCIAL OFFICER 117250 76552 0 0 251 163 8046 5253 12683 8280 138230 90248 0 0 REVIRA BRENNAN CHIEF OPERATING OFFICER 142727 59722 0 0 671 281 6482 2713 10158 4251 160038 66967 0 0 EMILY FRIZZELL CHIEF MARKETING AND COMMUNICATIONS D 90410 48683 0 0 345 186 7324 3944 9283 4998 107362 57811 0 0 XIOMARA FOX MANAGER-MEMBER SERVICES 103502 12143 0 0 625 73 4513 530 38634 4532 147274 17278 0 0 RICHARD KRAVITZ EDITOR-IN-CHIEF, CPA JOURNAL 113092 0 0 0 2373 0 9473 0 30385 0 155323 0 0 0 ANTOINE JULIAN FLETCHER DIRECTOR-HUMAN RESOURCES 95820 31940 0 0 246 82 7074 2359 12202 4067 115342 38448 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A A NOMINATING COMMITTEE THAT CONSISTS OF 9 MEMBERS ELECTED BY THE MEMBERSHIP (A BALLOT IS SENT TO ALL VOTING MEMBERS IF THERE ARE MORE THAN 9 NOMINEES, IF THERE ARE FEWER THAN 9 ALL NOMINEES ARE DEEMED ELECTED) AND NO BOARD DESIGNATED MEMBERS PROPOSE A NOMINATION SLATE IN MAKING ITS NOMINATIONS, THE NOMINATING COMMITTEE CONSIDERS THE DIVERSITY AND GEOGRAPHIC DISPERSION OF THE MEMBERSHIP. NONE OF THE NOMINEES MAY BE MEMBERS OF THE NOMINATING COMMITTEE. THERE IS ALSO A PETITION PROCESS FOR INDEPENDENT NOMINATION FOR AN OFFICER OR ELECTED DIRECTOR. A PROXY IS MAILED TO ALL CPA MEMBERS OF THE SOCIETY IN GOOD STANDING WITH RESPECT TO THE ELECTION OF OFFICERS OR DIRECTORS. THE PROXY SETS FORTH THE NAMES AND BACKGROUNDS OF THE NOMINEES. THE NOMINEE WITH THE LARGEST NUMBER OF VOTES, ACCORDING TO THE NUMBER TO BE ELECTED TO THE PARTICULAR OFFICE OR DIRECTORSHIP, IS ELECTED OFFICER OR DIRECTOR AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B ANY PROPOSAL TO AMEND THE BYLAWS MAY BE INITIATED EITHER BY THE BOARD OR A PETITION FILED WITH THE SECRETARY AND SIGNED BY AT LEAST 100 MEMBERS. THE PROPOSAL SHALL STATE THE TEXT OF THE CHANGE TO BE MADE WITHIN 90 DAYS FOLLOWING THE INITIATION OF A PROPOSAL TO AMEND THE BYLAWS. A MEETING OF THE MEMBERS OF THE SOCIETY IS HELD TO CONSIDER THE PROPOSAL. THE PROPOSAL IS ADOPTED, IF AT LEAST TWO THIRDS OF THE VOTES CAST AT THE MEETING SHALL BE VOTED IN FAVOR. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON AUDITED FINANCIAL STATEMENTS AND INFORMATION PROVIDED FROM MANAGEMENT. THE FORM 990 IS PROVIDED TO THE AUDIT COMMITTEE FOR REVIEW. THE BOARD OF DIRECTORS IS PROVIDED A COPY OF THE FORM 990 PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE NYSSCPA REQUIRES ALL BOARD MEMBERS AND EMPLOYEES, AND CERTAIN KEY VOLUNTEERS (ALL CHAPTER BOARD MEMBERS, ALL COMMITTEE CHAIRPERSONS, AND ALL MEMBERS OF CERTAIN KEY COMMITTEES) ANNUALLY TO, READ THE NYSSCPA CONFLICT OF INTEREST POLICY AND SUBMIT A CONFLICT OF INTEREST DISCLOSURE STATEMENT. THE DISCLOSURE STATEMENTS ARE REVIEWED UPON RECEIPT. CONFLICTS ARE REFERRED TO LEGAL COUNSEL AND ARE DETERMINED EITHER NOT TO BE CONFLICTS OR RESULT IN RECUSAL FROM THE DECISION INVOLVING THE POTENTIAL CONFLICT. IN ADDITION, MEMBER DISCIPLINARY AND PRACTICE MONITORING COMMITTEES, PROFESSIONAL ETHICS COMMITTEE AND PEER REVIEW COMMITTEE IMPOSE ADDITIONAL CONFLICT PROCEDURES WHEN POTENTIAL CONFLICTS ARISE, THEY TOO ARE REFERRED TO LEGAL COUNSEL FOR AN APPROPRIATE RESPONSE. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION IS EVALUATED AND APPROVED BY THE NYSSCPA BOARD OF DIRECTORS, WHICH IS PART OF THE EXECUTIVE DIRECTOR'S CONTRACT. ALL EMPLOYEES WITH THE EXCEPTION OF THE EXECUTIVE DIRECTOR RECEIVE WRITTEN AND ORAL PERFORMANCE APPRAISALS BI-ANNUALLY FROM THEIR SUPERVISORS AND FROM THE EXECUTIVE DIRECTOR. THE NUMERICAL GRADE ON EACH EVALUATION DRIVES A MERIT-BASED COMPENSATION SYSTEM. THE EXECUTIVE DIRECTOR HAS THE DISCRETION OF DETERMINING COMPENSATION FOR ALL EMPLOYEES. SALARY COMPENSATION OF ALL EMPLOYEES WITH THE EXCEPTION OF THE EXECUTIVE DIRECTOR IS COMPARED TO OTHER NON-PROFIT ORGANIZATIONS IN THE SAME MARKET ON PERIODIC BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE AVAILABLE UPON REQUEST AND ON THE ORGANIZATION'S WEBSITE. FOUNDATION FOR ACCOUNTING EDUCATION INC 14 WALL STREET 19TH FLOOR NEW YORK NY 10005 237171151 EDUCATION NY 501(C)(3) LINE 10 THE NEW YORK STATE SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS 1 MOYNIHAN SCHOLARSHIP FUND INC 14 WALL STREET 19TH FLOOR NEW YORK NY 10005 822444864 CHARITABLE AND EDUCATION NY 501(C)(3) LINE 7 THE NEW YORK STATE SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 0 FOUNDATION FOR ACCOUNTING EDUCATION INC B 600120 FMV MOYNIHAN SCHOLARSHIP FUND B 267961 FMV FOUNDATION FOR ACCOUNTING EDUCATION INC O 1699763 FMV FOUNDATION FOR ACCOUNTING EDUCATION INC Q 218132 FMV FOUNDATION FOR ACCOUNTING EDUCATION INC N 185782 FMV MOYNIHAN SCHOLARSHIP FUND O 232313 FMV MOYNIHAN SCHOLARSHIP FUND Q 56201 FMV