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CALIFORNIA ALTERNATIVE INVESTMENTS ASSOCIATION: Form 990EZ, tax year 2014

View the entire original 990 at ProPublica ↗

Organization
CALIFORNIA ALTERNATIVE INVESTMENTS ASSOCIATION (EIN 27-3063903)
Tax period
2014-07-01 to 2015-06-30
Filed
2016-01-15
IRS object ID
201600159349200535
Schema version
2014v6.0
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)
Return2016-01-15T12:36:57-06:00ReturnTs
Tax Period End2015-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN521471836PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ARTHUR F BELL JR & ASSOCIATES LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1201 INTERNATIONAL CIRCLE SUITE 400AddressLine1Txt
CityHUNT VALLEYCityNm
State AbbreviationMDStateAbbreviationCd
ZIP21030ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2014-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN273063903EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CALIFORNIA HEDGE FUND ASSOCIATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCALIBusinessNameControlTxt
Phone4153699646PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1575 MARKET STREET NO 2125AddressLine1Txt
CitySAN FRANCISCOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94105ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonKERRY PARKERPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone4153699646PhoneNum
Signature2016-01-15SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonTIMOTHY CHESSER CPAPreparerPersonNm
PTINP00051772PTIN
Phone4107710001PhoneNum
FieldValueIRS element (for citing)
Tax2014TaxYr
Build TS2016-04-25 22:37:26ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Website AddressWWW.CALHEDGEFUND.ORGWebsiteAddressTxt
Organization501cYes (X)Organization501cInd
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$169,562GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Program Service Revenue$32,562ProgramServiceRevenueAmt
Membership Dues$137,000MembershipDuesAmt
Total Revenue$169,562TotalRevenueAmt
Fees And Other Pymt To Ind Cntrct$50,670FeesAndOtherPymtToIndCntrctAmt
Printing Publications Postage$2,257PrintingPublicationsPostageAmt
Other Expenses Total$109,673OtherExpensesTotalAmt
Total Expenses$162,600TotalExpensesAmt
Excess Or Deficit For Year$6,962ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$34,060NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets$10,001OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$51,023NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$37,968BOYAmt
EOY$47,768EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$13,762BOYAmt
EOY$3,255EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$51,730BOYAmt
EOY$51,023EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$17,670BOYAmt
EOY$0EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$34,060BOYAmt
EOY$51,023EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
Primary Exempt PurposeTHE CALIFORNIA HEDGE FUND ASSOCIATION (CHFA) IS A NON-PROFIT, MEMBER BASED ORGANIZATION FOUNDED TO FOSTER THE GROWTH AND DEVELOPMENT OF THE HEDGE FUND COMMUNITY IN CALIFORNIA THROUGH ADVOCACY OF SOUND BUSINESS PRACTICES, EVENTS, RESOURCES, AND EDUCATIONAL PROGRAMS.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (3 entries)

Description Program Srvc AccomDescriptionProgramSrvcAccomTxtGrants And AllocationsGrantsAndAllocationsAmtProgram Service ExpensesProgramServiceExpensesAmt
CHFA HAS BEEN OFFERING INDUSTRY NETWORKING AND EDUCATIONAL EVENTS, FEATURING TOPICAL DISCUSSIONS ON MATTERS INCLUDING REGULATION, BEST PRACTICES, ECONOMIC OUTLOOK, PORTFOLIO CONSTRUCTION, AND RISK MANAGEMENT. DURING THE YEAR, CHFA INCURRED APPROXIMATELY $50,000 IN EXPENSES TO HOST 40 EDUCATIONAL AND NETWORKING EVENTS THAT SERVED MORE THAN 1,500 ATTENDEES.$0$0
THE CHFA CONTINUES TO INVEST $10,000 PER YEAR IN WEBSITE ENHANCEMENTS AND COMMUNICATIONS DESIGNED TO SERVE ITS 1,000+ MEMBERS, AND TO SHARE THE MISSION OF THE ORGANIZATION WITH THE PUBLIC. THE WEBSITE PROMOTES CHFA EVENTS THAT ARE ALSO OPEN TO NON-MEMBERS INTERESTED IN ATTENDING.$0$0
DURING THE YEAR, CHFA OFFERED FREE EDUCATIONAL WEBINARS (TWICE PER MONTH). CHFA INCURRED HOSTING SERVICE EXPENSES OF APPROXIMATELY $750. EXPENSES TO DEVELOP AND MANAGE THE PROGRAMS WERE APPROXIMATELY $5,000.$0$0

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (12 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
JASON GERLACH
PRESIDENT5.00$0$0$0
JIM LOPICCOLO
1ST VICE PRESIDENT3.00$0$0$0
KATHLYNE KIAIE
2ND VICE PRESIDENT3.00$0$0$0
ART ZWICKEL
TREASURER4.00$0$0$0
JAY GOULD
SECRETARY3.00$0$0$0
BOB ROBINSON
DIRECTOR3.00$0$0$0
ROBIN FINK
DIRECTOR3.00$0$0$0
VINCENT CALCAGNO
DIRECTOR3.00$0$0$0
RACHEL ROTH
DIRECTOR3.00$0$0$0
ANNE-GAELLE POUILLE
DIRECTOR3.00$0$0$0
LEE MICHAEL SWARTZ
DIRECTOR3.00$0$0$0
CHRISTOPHER AINSWORTH
CHAIRMAN OF THE BOARD4.00$0$0$0
FieldValueIRS element (for citing)
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not Rpt0ChgMadeToOrgnzngDocNotRptInd
Organization Had UBI0OrganizationHadUBIInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Direct Indirect Pltcl Expend$0DirectIndirectPltclExpendAmt
Made Loans To From Officers0MadeLoansToFromOfficersInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KERRY PARKERBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1575 MARKET STREET SUITE 2125AddressLine1Txt
CitySAN FRANCISCOCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94105ZIPCd
FieldValueIRS element (for citing)
Phone4153699646PhoneNum
FieldValueIRS element (for citing)
Foreign Financial Account0ForeignFinancialAccountInd
Foreign Office0ForeignOfficeInd
Donor Advised Fnds0DonorAdvisedFndsInd
Operate Hospital0OperateHospitalInd
Tanning Services Provided0TanningServicesProvidedInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Political Campaign Acty0PoliticalCampaignActyInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSESDESCRIPTION: BANK FEES. AMOUNT: 4,290. DESCRIPTION: INSURANCE. AMOUNT: 3,593. DESCRIPTION: SUPPLIES. AMOUNT: 877. DESCRIPTION: TELEPHONE/FAX/INTERNET. AMOUNT: 3,325. DESCRIPTION: WEBSITE. AMOUNT: 4,904. DESCRIPTION: BOARD EXPENSES. AMOUNT: 2,161. DESCRIPTION: MISC. EXPENSE - GENERAL . AMOUNT: 229. DESCRIPTION: EVENT EXPENSE - CATERING/HOTEL. AMOUNT: 84,361. DESCRIPTION: EVENT EXPENSE - MISC. EXPENSES. AMOUNT: 1,197. DESCRIPTION: EVENT EXPENSE - STAFF EXPENSE/TRAVEL. AMOUNT: 1,222. DESCRIPTION: GRAPHIC DESIGN/MARKETING. AMOUNT: 3,514. TOTAL TO FORM 990-EZ, LINE 16: 109,673.
FORM 990-EZ, PART I, LINE 20 - OTHER CHANGES IN NET ASSETSDESCRIPTION: CHANGES IN NET ASSETS. AMOUNT: 10,001.
FORM 990-EZ, PART II, LINE 24 - OTHER ASSETSDESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 1,754. END OF YEAR AMOUNT: 1,839. DESCRIPTION: ACCOUNTS RECEIVABLE. BEG. OF YEAR AMOUNT: 12,008. END OF YEAR AMOUNT: 1,416.
FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIESDESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 17,670. END OF YEAR AMOUNT: 0.
FORM 990-EZ, PART V, INFORMATION REGARDING PERSONAL BENEFIT CONTRACTS:THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY, OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.
FORM 990-EZ, PART V, QUESTION 35:AMOUNTS REPORTED ON PART I,LINE 2 REPRESENT GUEST FEES FOR ATTENDING ONE OF THE ORGANIZATION'S EVENTS HELD FOR ITS MEMBERS. AS INDICATED IN PART III, THE EVENTS ARE PUT ON TO FOSTER GROWTH AND DEVELOPMENT IN THE HEDGE FUND INDUSTRY THROUGH EDUCATIONAL AND NETWORKING PROGRAMS. THEREFORE, SUCH FEES FURTHER THE ORGANIZATION'S EXEMPT PURPOSE AND ARE NOT CONSIDERED UNRELATED BUSINESS INCOME.
MANAGEMENT AND ADMINISTRATIVE SERVICES:EFFECTIVE JULY 1, 2012, THE ORGANIZATION HAD CONTRACTED WITH HOLLAND-PARLETTE ASSOCIATES INC. (HPA) TO PROVIDE MANAGEMENT AND ADMINISTRATIVE SERVICES FOR THE ORGANIZATION. FOR SUCH SERVICES (ESTIMATED TO BE 22 HOURS PER WEEK), THE ORGANIZATION PAID HPA $50,670 FOR THE FISCAL YEAR ENDING JUNE 30, 2015.

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