2022-03-10T15:24:32-07:00 2021-04-30 990 2020-05-01 941056137 CALIFORNIA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS CALI 8009225272 1710 Gilbreth Road Burlingame CA 94010 Natalie Quan CFO 6505223021 2022-03-10 1 11 1 AAL2 2020 2022-09-23 18:48:47Z Natalie Quan 1710 Gilbreth Road Burlingame CA 94010 17481684 0 X www.calcpa.org X 1909 CA SUPPORT ITS MEMBERS AND PROMOTE THE INTEGRITY OF THE CPA PROFESSION 90 90 65 800 494046 94254 607318 1209515 11778317 11186101 111948 66810 1067967 1082459 13565550 13544885 513043 425985 0 0 7029657 5533205 0 0 0 6867932 4807901 14410632 10767091 -845082 2777794 28328460 29880424 8566887 5997364 19761573 23883060 TO INCREASE THE VALUE AND PROMOTE THE INTEGRITY OF THE CPA PROFESSION,CONTRIBUTE TO THE SUCCESS OF OUR MEMBERS, AND STRENGTHEN CLIENT, EMPLOYER, PUBLIC AND GOVERNMENT TRUST IN CALCPA MEMBER ADVICE, WORK, PRODUCTS, AND OPINIONS. 0 0 MEMBERSHIP SERVICES AND CHAPTER PROGRAMS - CALCPA REPRESENTS AND PROVIDES SERVICES TO CPAs and Finance PROFESSIONALS IN CALIFORNIA. STATEWIDE COMMITTEES AND LEADERSHIP GROUPS COLLABORATE ON PROJECTS THAT INCREASE MEMBERS' TECHNICAL KNOWLEDGE, ENHANCE THE PROFESSION'S IMAGE, INFLUENCE REGULATION AND LEGISLATION, ATTRACT THE BEST AND THE BRIGHTEST TO THE PROFESSION AND STUDY THE CPA'S ROLE IN LOCAL, NATIONAL, AND GLOBAL ECONOMIES. CALCPA HAS MORE THAN 43,000 MEMBERS WITH 14 CHAPTERS THROUGHOUT THE STATE, EACH OF WHICH HOSTS LOCAL AND CHAPTER-WIDE MEMBER GROUPS THAT MEET REGULARLY TO EXCHANGE PROFESSIONAL KNOWLEDGE, EARN LOW-COST CPE AND CONNECT WITH THEIR PEERS. THE CHAPTERS HELD ABOUT 650 MEETINGS AND EVENTS FOR THIS FISCAL YEAR AND OVER 30 FUNDRAISING EVENTS. NET PROCEEDS FROM THESE FUNDRAISING EVENTS WERE TRANSFERRED TO THE CALCPA INSTITUTE TO BENEFIT THE CHAPTERS' SCHOLARSHIP FUNDS. COMMUNICATIONS - CALCPA COMMUNICATIONS INCLUDE PRINT AND ELECTRONIC PUBLICATIONS DESIGNED TO KEEP MEMBERS INFORMED. CALCPA PRODUCED 10 ISSUES OF ITS CALIFORNIA CPA MAGAZINE (PRINT AND DIGITAL) AND ONE ISSUE OF TBRG (TECHNOLOGY & BUSINESS RESOURCE GUIDE). CALCPA ALSO PRODUCED MORE THAN 1,000 DIFFERENT EMAILS THAT INCLUDE CHAPTER BULLETINS AND DAILY CLIPS THAT PROVIDES LINKS TO NEWS RELATED TO CALIFORNIA, BUSINESS, THE CPA PROFESSION, PERSONAL FINANCE, TECHNOLOGY, AND TAX. CALCPA'S WEBSITE IS A MEMBER-FOCUSED CLEARINGHOUSE FILLED WITH NEWS, INFORMATION, RESOURCES AND EVENT LISTINGS FOR CALIFORNIA CPAS. OUR MEDIA AND PUBLIC RELATIONS EFFORTS PROMOTE THE INTEGRITY OF THE CPA PROFESSION AND POSITION OUR MEMBERS AS EXPERTS IN A DIVERSITY OF SUBJECT AREAS. AS OF THE END OF THIS FISCAL YEAR, LINKEDIN FOLLOWERS WAS OVER 7,200, FACEBOOK FOLLOWERS ARE MORE THAN 6,500, TWITTER FOLLOWERS ARE MORE THAN 10,300 AND CALCPA HAS MORE THAN 1,900 FOLLOWERS ON INSTAGRAM. GOVERNMENT RELATIONS - THE MAJORITY RESPONSIBILITY OF GOVERNMENT RELATIONS IS TO ADVOCATE FOR THE PUBLIC POLICY AND SELF-REGULATORY INTERESTS OF THE CPA PROFESSION, WHICH IS A CORNERSTONE OF CALCPA'S STRATEGIC PLAN. COMPONENTS OF THIS INCLUDE: ANTICIPATING AND RESPONDING TO LEGISLATIVE AND REGULATORY PROPOSALS THAT IMPACT THE PROFESSION AND THE BROADER BUSINESS COMMUNITY; CULTIVATING STRATEGIC RELATIONSHIPS WITH KEY GOVERNMENT AGENCIES AND OTHER PROFESSIONAL ORGANIZATIONS ENGAGED IN ADVOCACY, AND KEEPING CALCPA MEMBERSHIP APPRISED OF ONGOING AND EMERGING PUBLIC POLICY ISSUES. THIS YEAR, CALCPA'S GOVERNMENT RELATIONS PROGRAM ASSISTED IN THE DEVELOPMENT OF PUBLIC POLICY RESOURCES FOR CALCPA MEMBERS, FACILITATED MEETINGS WITH LEGISLATIVE LEADERS, AND ADVANCED POLICY PROPOSALS THAT SUPPORT CALIFORNIA CPAS, AND RELATED PROFESSIONALS, ABILITY TO EFFECTIVELY SERVER CLIENTS AND THE BROADER BUSINESS COMMUNITY. 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 29 0 1 65 1 1 1 0 0 0 1 1 0 0 0 X 90 90 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 0 0 CA X Natalie Quan 6505223021 1710 Gilbreth Road Burlingame CA 94010 Anthony Pugliese President & Chief Executive Officer 20 20 X 310004 310004 16839 Matthew Koontz Vice President of Marketing and Communications 39 1 X 250000 0 14922 Natalie Quan Vice President & Chief Financial Officer 20.00 20.00 X 114104 114104 12897 Emil Redzic Vice President of Information Technology 20.00 20.00 X 103958 103958 16148 Jason Fox Vice President of Government Relations 40 0 X 191167 0 17859 Jill Gorman Vice President of Membership and Strategic Programming 39 1 X 191458 0 9175 Mayank Saxena Director, Business Transformation 20.00 20.00 X 83740 83740 4195 Todd E Rankin Controller 20.00 20.00 X 81292 81292 6703 Chrislynn Freed Education Foundation President - eff 6-30-2020 1.00 0.10 X 0 0 0 Joseph Forlenza Ed Fdn President - through 6-30-2020 1.0 0.10 X 0 0 0 Tayiika Dennis Treasurer Secretary 1.00 0.10 X X 0 0 0 Jolene Fraser Chair 1.0 0.10 X X 0 0 0 Robert Reynolds Past Chair 1.0 0.10 X X 0 0 0 Christie Simons First Vice Chair 1.00 0.10 X X 0 0 0 Meredith Johnson Vice Chair 1.00 0.10 X X 0 0 0 Jillian Phan Council Member at Large 1.0 0.10 X X 0 0 0 David Neighbors Vice Chair - eff 6-30-2020 1.00 0.10 X X 0 0 0 Miklos Ringbauer Vice Chair - eff 6-30-2020 1.00 0.10 X X 0 0 0 Matthew Martin Vice Chair - through 6-30-2020 1.00 0.10 X X 0 0 0 Eriin Roche Council Member at Large - eff 6-30-2020 1.0 0.10 X 0 0 0 Charles Burak Council Member at Large - through 6-30-2020 1.0 0.10 X 0 0 0 Peter Brown Council Members at Large - effective 6-30-2020 1.0 0.1 X 0 0 0 Fernando Sucre Appointed Member - through 6-30-2020 1.00 0.10 X 0 0 0 Maya Ivanova Appointed Member -Eff 6-30-2020 1.0 0.10 X 0 0 0 Rich Simithian Interim CEO 20 20 X 0 0 0 1325723 693098 98738 4 0 1 0 Armanino LLP PO Box 398285 San Francisco CA 941398285 Tax and Audit Services 109463 Jes Cornette 2392 Nobili Avenue Santa Clara CA 95051 Software Consulting Services 105000 Roy C Hichens CPA 3145 E Chandler Blvd Suite 110 435 Phoenix AZ 85048 Technical Reviewer 162894 3 0 0 55600 0 943915 210000 0 1209515 Membership Dues 900099 8542543 8542543 0 0 Peer Review Fees 900099 1553611 1553611 0 0 Rental Income from Affiliates 532000 536494 536494 0 0 Publications 541800 465696 0 465696 0 Non-qualified Sponsorhips 900099 28350 0 28350 0 59407 59407 0 0 11186101 172330 0 0 172330 0 0 0 0 51415 0 0 51415 355198 0 92265 0 262933 0 262933 0 0 262933 3737350 0 3842870 0 -105520 0 -105520 0 0 -105520 15603 55600 1664 13939 0 13939 0 0 0 0 0 0 Affiliation Fees 900099 654080 0 0 654080 Affinity Program 900099 100092 0 0 100092 0 0 0 0 754172 13544885 10692055 494046 1149269 425985 0 0 0 786264 0 3662342 163721 662734 258144 0 97309 53705 7000 0 25555 610489 49233 694233 544686 0 1138823 3209 0 115902 0 0 656440 89459 Printing/Publications 290228 Free Courses for Members 431630 0 10767091 0 0 0 9610 1881 1537464 2531813 0 0 326854 148034 0 0 0 0 0 0 0 0 552119 454809 22977570 4550040 19367475 18427530 4578268 6580039 0 0 0 0 0 0 1956670 1736318 28328460 29880424 2133823 1352174 0 0 4146732 3492230 0 0 0 0 0 0 0 0 1303793 254485 982539 898475 8566887 5997364 X 19761573 23883060 0 0 19761573 23883060 28328460 29880424 2777794 1343693 0 0 0 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 8542543 228845 0 228845 341702 0 -112857 0 6510209 6510209 0 10731367 1038724 9692643 0 144974 144974 0 0 2379289 1589955 789334 0 3211731 1776387 1435344 18427530 Trust Assets - Deferred Compensation 866088 Due from Affiliates 870230 1736318 0 Deferred Lease Cost 32387 Deferred Compensation 866088 898475 X Schedule D, Part X, Line 2 THE SOCIETY IS EXEMPT FROM INCOME TAXES UNDER IRC SECTION 501(C)(6) AND RELATED CALIFORNIA CODE SECTIONS. HOWEVER, THE ORGANIZATION IS SUBJECT TO INCOME TAXES FROM ACTIVITIES UNRELATED TO ITS TAX-EXEMPT PURPOSES. MANAGEMETN OF THE SOCIETY HAS EVALUATED ITS TAX POSITIONS AND RELATED INCOME TAX CONTINGENCIES. MANAGEMENT DOES NOT BELIEVE THAT ANY MATERIAL UNCERTAIN TAX POSITIONS EXIST. SJ Attory/Banker/CPA Night (Fall) 9070 9000 70 0 0 0 0 0 0 FR ABC Mixers 12440 9000 3440 200 0 0 0 0 540 5 49693 37600 12093 200 425 0 0 0 299 71203 55600 15603 400 425 0 0 0 839 1664 13939 1 CalCPA Institute 1710 Gilbreth Road Burlingame CA 94010 200978565 501c3 425985 0 THE PURPOSE OF GRANT OR ASSISTANCE: SUPPORT FOR CALCPA INSTITUTE INCLUDES TRANSFERS OF NET PROCEEDS FROM FUNDRAISING EVENTS HELD BY CALCPA CHAPTERS TO BENEFIT THE SCHOLARSHIP FUNDS, AS WELL AS MONETARY CONTRIBUTION TO SUPPORT THE ADMINISTRATION OF CALCPA INSTITUTE. 1 0 Schedule I, Part I, Line 2 VARIOUS CHAPTERS HAVE DIFFERENT ELIGIBILITY CRITERIA. HOWEVER, MOST SCHOLARSHIP APPLICATION REQUIREMENTS ARE THE SAME. APPLICANTS MUST BE ENROLLED IN AN ACCOUNTING PROGRAM OR BUSINESS PROGRAM WITH EMPHASIS IN ACCOUNTING, DISCLOSE THEIR CUMULATIVE GPA, SUBMIT TRANSCRIPTS AND SUBMIT AT LEAST ONE LETTER OF RECOMMENDATION FROM A PROFESSOR OR INSTRUCTOR. THE SCHOLARSHIPS FUNDS ARE ADMINISTERED AND DISTRIBUTED BY THE CALCPA INSTITUTE IN WHICH THE SOCIETY PASSES THE FUNDS FROM CHAPTERS. THE SOCIETY DOES NOT DIRECTLY OVERSEE THE DISTRIBUTION TO INDIVIDUALS. Schedule I, Part II, Line 1 The purposes of grant or assistance support for CalCPA Institute includes transfers of net proceeds from fundraising events held by CalCPA Chapters to benefit the scholarship funds, as well as monetary contribution to support the administration of CalCPA Institute X X X 1 1 X X X X X 0 0 0 Anthony Pugliese President & Chief Executive Officer 232917 232917 45000 45000 32088 32088 7130 7130 1290 1290 318425 318425 0 0 Matthew Koontz Vice President of Marketing and Communications 250000 0 0 0 0 0 12500 0 2422 0 264922 0 0 0 Natalie Quan Vice President & Chief Financial Officer 114104 114104 0 0 0 0 5689 5689 759 759 120552 120552 0 0 Emil Redzic Vice President of Information Technology 103958 103958 0 0 0 0 4228 4228 3846 3846 112032 112032 0 0 Jill Gorman Vice President of Membership and Strategic Programming 191458 0 0 0 0 0 6985 0 2190 0 200633 0 0 0 Jason Fox Vice President of Government Relations 191167 0 0 0 0 0 9547 0 8313 0 209027 0 0 0 Mayank Saxena Director, Business Transformation 83740 83740 0 0 0 0 1984 1984 113 113 85837 85837 0 0 Todd E Rankin Controller 80292 80292 1000 1000 0 0 0 0 3352 3352 84644 84644 0 0 Schedule J, Part I, Line 1a CALIFORNIA CERTIFIED PUBLIC ACCOUNTANTS COMPENSATED ITS CEO $17,000 FOR CAR ALLOWANCE, $3,034 FOR HEALTH CLUB, $3,500 FOR LIFE INSURANCE AND $40,641 FOR RELOCATION AS PART OF THE CEO'S CONTRACT. THE AMOUNTS WERE REPORTED AS TAXABLE BENEFITS ON THE CEO'S W-2. Form 990, Part VI, Section A, Line 6 THE CALIFORNIA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS ("CALCPA") HAD APPROXIMATELY 43,000 MEMBERS AS OF APRIL 2021. MEMBERSHIP IN CALCPA CONSISTS OF FOUR CLASSES, NAMELY, CPA MEMBERS, STUDENT & CANDICATE MEMBERS, ASSOCIATE MEMEBERS, AND HONORARY MEMBERS. Form 990, Part VI, Section A, Line 7a THE CALCPA COUNCIL ("COUNCIL") IS THE GOVERNING BODY OF CALCPA. THE COUNCIL IS COMPRISED OF: (A) CHAPTER REPRESENTATIVES TO COUNICIL CONSISTING OF TWO MEMBERS PER CHAPTER PLUS ONE MEMBER FOR EVERY 1,000 ADDITIONAL MEMBERS BASED ON THE MEMBERSHIP COUNT ON MAY 1 OF THE PRECEDING YEAR, ELECTED BY MEMBERS OF THE 14 CHAPTERS; (B) COUNCIL-AT-LARGE MEMBERS, OFFICERS, AND VICE CHAIRS ARE ELECTED BY THE MEMBERSHIP AS A WHOLE; (C)AND STATE COMMITTEE CHAIRS, SECTION CHAIRS, THE PRESIDENT OF THE BOARD OF TRUSTEES OF CALCPA EDUCATION FOUNDATION, THE IMMEDIATE PAST CHAIR, AND THE PRIOR TEN CHAIRS ARE VOITNG COUNCIL MEMBERS BY VIRTUE OF THEIR POSITIONS; (D) ALL VOTING MEMBERS OF THE CALCPA BOARD OF DIRECTORS. FOR 2020-2021, THERE WERE 15 VOTING MEMBERS. THE COUNCIL'S RESPONSIBILITIES FOCUS ON STRATEGIC PLANNING, POLICY MAKING, AND THE ADOPTION OF A BUDGET ON BEHALF OF MEMBERSHIP. Form 990, Part VI, Section A, Line 7b THE CALCPA COUNCIL ("COUNCIL") IS THE GOVERNING BODY OF CALCPA. THE CALCPA BOARD OF DIRECTORS ("BOARD") IS THE EXECUTIVE COMMITTEE OF COUNCIL AND IS COMPRISED OF 15 MEMBERS ELECTED BY COUNCIL. THE BOARD REPRESENTS THE COUNCIL IN CARRYING OUT THE STRATEGIES AND POLICIES SET BY THE COUNCIL AND MEMBERSHIP. THE COUNCIL DELEGATED THE OPERATING AUTHROITY TO THE BOARD. Form 990, Part VI, Section B, Line 11b FORM 990 IS PREPARED BY CALCPA STAFF. IT IS REVIEWED IN DETAIL BY THE CONTROLLER AND A SECONDARY, HIGH-LEVEL REVIEW IS CONDUCTED BY THE CFO AND INDEPENDENT ACCOUNTANTS. THE REVIEWED DRAFT IS CIRCULATED TO MEMBERS OF THE AUDIT COMMITTEE REQUESTING THE REVIEW, COMMENTS, AND QUESTIONS. ALL THE QUESTIONS AND CONCERNS ARE ADDRESSED AND RESULTING NOTIFICATIONS ARE MADE AS APPROPRIATE. ONCE THE REVIEW PROCESS IS COMPLETED, THE FORM 990 IS PROVIDED TO ALL COUNCIL AND BOARD MEMBERS AND IS FILED WITH THE IRS ON OR BEFORE THE DUE DATE. Form 990, Part VI, Section B, Line 12c CALCPA ANNUALLY REQUIRES THAT ALL MEMBERS OF THE COUNCIL AND BOARD OF DIRECTORS READ THE CONFLICT-OF-INTEREST POLICY AND SUBMIT A CONFLICT-OF-INTEREST DISCLOSURE STATEMENT. THE DISCLOSURE STATEMENTS ARE REVIEWED UPON RECEIPT. IF CONFLICTS ARE IDENTIFIED, CALCPA'S CEO REVIEWS THE STATEMENT AND WILL REFER TO LEGAL COUNSEL, IF NECESSARY. IN ITS ANNUAL TRAINING OF INCOMING BOARD MEMBERS CALCPA DISCUSSES WITH ITS LEADERS THAT THE ORGANIZATION IS GOVERNED BY CALIFORNIA CORPORATION CODE AND THAT THEY HAVE A FIDUCIARY DUTY AS DIRECTORS OF CALCPA. Form 990, Part VI, Section B, Line 15 THE BOARD OF DIRECTORS IS DELEGATED RESPONSIBILITY TO REVIEW THE CEO'S GOALS, PERFORMANCE, AND COMPENSATION TO THE CEO GOALS AND OBJECTIVE COMMITTEE ("COMMITTEE"). THE COMMITTEE IS COMPRISED OF THE PRESIDENT, PAST PRESIDENT, FIRST VICE PRESIDENT, AND SECRETARY/TREASURER. ALL MEMBERS OF THE COMMITTEE DO NOT HAVE A CONFLICT OF INTEREST WITH RESPECT TO THE DETERMINATION OF THE CEO'S COMPENSATION. THE COMMITTEE MEETS AND SETS OUT GOALS FOR THE CEO TO ACCOMPLISH THROUGH OUT THE YEAR. AFTER THE END OF THE FISCAL YEAR, THE COMMITTEE PERFORMS THEIR DUE DILIGENCE REVIEW OF THE CEO'S GOALS AND PERFORMANCE AS WELL AS THE COMPARABLE DATA AND MAKES THE FINAL RECOMMENDATION TO THE BOARD OF DIRECTORS, WHICH HAS FINAL APPROVAL. COMPARABLE DATA INCLUDES FORM 990 OF OTHER STATE CPA SOCIETIES SIMILAR TO SIZE AND A COMPENSATION SURVEY CONDUCTED BY THE AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES (ASAE). THE CEO DETERMINES THE SALARY OF THE CFO BASED ON AN ANNUAL PERFORMANCE REVIEW MEASURES AGAINST GOALS PRESET BY THE CEO. Form 990, Part VI, Section C, Line 19 THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE AND UPON REQUEST. THE CONFLICT-OF-INTEREST POLICY IS AVAILABLE UPON REQUEST. California Certified Public Accountants Education Foundation 1710 Gilbreth Road Burlingame CA 94010 946130841 Provides continuing professional education to CPA Community CA 501(c)(3) Line 10 CALCPA 1 CalCPA Institute 1710 Gilbreth Road Burlingame CA 94010 200978565 Provides scholarships to accounting students and promote financial literacy CA 501(c)(3) Line 12A California Society of CPAs 1 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 1 1 1 CalCPA Institute b 425985 COST OF TRANSACTIONS CalCPA Institute d 360909 COST OF TRANSACTIONS California Certified Public Accountants Education Foundation d 375281 COST OF TRANSACTIONS California Certified Public Accountants Education Foundation s 138152 COST OF TRANSACTIONS California Certified Public Accountants Education Foundation o 1126068 COST OF TRANSACTIONS California Certified Public Accountants Education Foundation n 428341 COST OF TRANSACTIONS California Certified Public Accountants Education Foundation q 131566 COST OF TRANSACTIONS California Certified Public Accountants Education Foundation r 1986732 COST OF TRANSACTIONS