2013-03-13T17:27:31-05:00 2012-06-30 521158459 HERTZBACH & COMPANY PA 800 RED BROOK BLVD SUITE 300 OWINGS MILLS MD 21117 990 2011-07-01 520702331 MARYLAND ASSOCIATION OF CERTIFIED PUBLIC ACCOUNTANTS INC MARY 4102966250 901 DULANEY VALLEY ROAD NO 710 TOWSON MD 212042683 J THOMAS HOOD III 4102966250 2013-02-20 1 MARK STEINBERG P01345125 4103633200 2011 2016-02-25 16:41:14Z J THOMAS HOOD III 901 DULANEY VALLEY RD STE 710 TOWSON MD 21204 6602448 0 X WWW.MACPA.ORG X 1901 MD TO PROVIDE EDUCATION AND INFORMATION TO MEMBERS 12 11 45 400 75537 -15228 0 0 5688748 5620210 122135 67145 315762 342690 6126645 6030045 7302 5914 0 0 2219978 2260655 0 0 0 3691682 3747563 5918962 6014132 207683 15913 5542517 5602037 3214592 3298290 2327925 2303747 THE MACPA PROVIDES PROFESSIONAL DEVELOPMENT, REGULATORY, PROMOTIONAL AND ADVOCACY SERVICES TO ITS MEMBERS, SUPPORTING THEIR EFFORTS TO CONFIRM HIGH STANDARDS OF PROFESSIONAL SERVICE AND CONDUCT. 0 0 CONTINUING PROFESSIONAL EDUCATION - TO PROVIDE OVER 1,000 COURSES, SEMINARS, AND CONFERENCES ON A VARIETY OF ACCTG., AUDIT, MGMT., AND COMPUTER TOPICS TO OVER 8,400 MEMBERS FOR EDUCATION AND CPE FULFILLMENT. MARKETING & COMMUNICATION - TO PROVIDE MEMBERS WITH UP-TO-DATE INFORMATION THROUGH THE CPA STATEMENT AND OTHER PUBLICATIONS, TO PROMOTE THE PROFESSION THROUGH MEDIA, AND TO RECRUIT NEW PEOPLE TO THE PROFESSION. COMMITTEES AND CHAPTERS - COMMITTEES ARE VOLUNTEER FORUMS DEALING WITH SPECIFIC INDUSTRY TOPICS. CHAPTERS ARE ORGANIZED AT THE LOCAL LEVEL. BOTH WORK TO PROVIDE SESSIONS, ARTICLES, AND NEWSLETTERS. 0 0 0 1 0 0 0 0 0 1 0 0 0 0 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 28 0 1 45 1 1 1 0 0 0 1 1 0 X 12 11 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 MD X X FRANCIS J FALATKO 4102966250 901 DULANEY VALLEY ROAD SUITE 710 TOWSON MD 21204 MARIANELA DEL PINO-RIVERA 1.00 X 0 0 0 ANOOP N MEHTA 1.00 X 0 0 0 BYRON PATRICK 1.00 X 0 0 0 KIMBERLY N ELLISON-TAYLOR 1.00 X 0 0 0 ALLEN P DELEON 1.00 X 0 0 0 SAMANTHA BOWLING 1.00 X 0 0 0 LISA CINES 1.00 X 0 0 0 KARA KING-BESS 1.00 X 0 0 0 MICHAEL MANSPEAKER 1.00 X 0 0 0 J THOMAS HOOD III 40.00 X X 347907 0 18186 JAMES MCKINNEY 1.00 X 0 0 0 ROBERT TAROLA 1.00 X 0 0 0 RENEE WINSKY 1.00 X 0 0 0 JACQUELINE BROWN 40.00 X 180177 0 15231 FRANCIS FALATKO 40.00 X 121451 0 9629 PAMELA DEVINE 40.00 X 100116 0 11502 749651 0 54548 4 0 1 0 AICPA 1211 AVENUE OF AMERICAS NEW YORK NY 10036 CPE PROVIDER 420517 BLUE OCEAN IDEAS 222 COURTHOUSE COURT SUITE 300 TOWSON MD 21204 MARKETING 209090 AMERICAN EXPRESS PO BOX 981540 EL PASO TX 79998 VARIOUS SERVICES 190791 FEDEX KINKOS 1 E JOPPA ROAD TOWSON MD 21286 PRINTING 185202 4 EDUCATIONAL PROGRAMS 611710 3353231 3353231 MEMBERSHIP DUES 900099 2071874 2071874 SELF-REGULATION 900099 187715 187715 REFERRAL BUREAU 900099 7390 7390 5620210 43597 43597 6407 0 6407 6407 6407 476278 119673 447468 124935 28810 -5262 23548 23548 SPONSORSHIPS 900099 212192 212192 ADVERTISING 541800 51950 550 51400 AFFINITY PROGRAMS 561439 40020 40020 32121 24137 7984 336283 6030045 5620760 75537 333748 5914 748463 1197370 64393 108124 142305 175 95576 50000 26773 260011 43409 156886 284494 141717 47465 79676 16828 SEMINAR DISCUSSION LEAD 928616 ONSITE EXPENSES 639356 SEMINAR MATERIALS 264593 BANK FEES 120907 591081 6014132 252 250 1121089 1031612 1789549 1679868 665387 902862 11778 6955 97692 137194 809478 734622 123692 74856 1732978 1768340 100 100 5542517 5602037 721720 710463 2492872 2587827 3214592 3298290 X 2327925 2303747 2327925 2303747 5542517 5602037 X 15913 -40091 X X 0 1 1 X 0 0 0 1 2071874 180886 180886 206258 -25372 79902 67899 12003 419634 370537 49097 309942 296186 13756 74856 6030045 6014132 15913 -40091 -40091 -24178 6631525 -40091 641571 601480 6030045 0 6030045 6666152 652020 652020 6014132 0 6014132 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: UNCERTAIN TAX POSITIONS: THE ASSOCIATION HAS ADOPTED ASC 740, INCOME TAXES, WHICH CLARIFIED THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE ASSOCIATION RECOGNIZES THE TAX BENEFIT FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY THE TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. BASED ON ITS EVALUATION, THE ASSOCIATION HAS CONCLUDED THAT THERE ARE NO SIGNIFICANT UNCERTAIN TAX POSITIONS REQUIRING RECOGNITION IN THE FINANCIAL STATEMENTS. THE TAX YEARS ENDED JUNE 30, 2009 THROUGH JUNE 30, 2012 REMAIN OPEN TO EXAMINATION BY TAX JURISDICTIONS TO WHICH THE ASSOCIATION IS SUBJECT. THE ASSOCIATION'S POLICY IS TO RECORD INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE. NO INTEREST OR PENALTIES HAVE BEEN RECORDED AS A RESULT OF TAX UNCERTAINTIES. PART XII, LINE 2D - OTHER ADJUSTMENTS: BUSINESS LEARNING INSTITUTE, INC. 618,380. MARYLAND ASSOCIATION OF CERTIFIED PUBLIC ACCOUNTANTS EDUCATIONAL FOUNDATION 17,929. LOSS ON SALE OF EQUIPMENT 5,262. PART XIII, LINE 2D - OTHER ADJUSTMENTS: BUSINESS LEARNING INSTITUTE, INC. 642,070. MARYLAND ASSOCIATION OF CERTIFIED PUBLIC ACCOUNTANTS EDUCATIONAL FOUNDATION 4,688. LOSS ON SALE OF EQUIPMENT 5,262. 1 MARYLAND ASSOCIATION OF CERTIFIED PUBLIC ACCOUNTANTS EDUCATIONAL FOUNDATION 901 DULANEY VALLEY ROAD TOWSON MD 21204 521787902 501(C)(3) 5914 PROVIDE SCHOLARSHIPS TO ACCOUNTING STUDENTS 1 1 X X X X X 0 0 0 J THOMAS HOOD III 342230 0 0 0 5677 0 14700 0 3486 0 366093 0 0 0 JACQUELINE BROWN 179900 0 0 0 277 0 11930 0 3301 0 195408 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION IS A MEMBERSHIP ORGANIZATION WITH THREE TYPES OF MEMBERSHIP CLASSIFICATION INCLUDING ACTIVE, ASSOCIATE AND LIFE MEMBERSHIPS. MEMBERS CLASSIFIED AS ACTIVE OR LIFE MEMBERS ARE ENTITLED ONE VOTE ON ELECTION OF OFFICERS (EXCLUDING THE PRESIDENT/CEO) AND MEMBERS OF THE GOVERNING BODY AND AMENDMENTS TO THE ORGANIZATION'S BY-LAWS AND CORPORATE CHARTER. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS CLASSIFIED AS ACTIVE OR LIFE MEMBERS ARE ENTITLED TO ONE VOTE IN THE ELECTION OF THE ORGANIZATION'S OFFICERS (EXCLUDING THE PRESIDENT/CEO) AND MEMBERS OF THE GOVERNING BODY. THE ELECTIONS ARE HELD AT THE ANNUAL MEETING OF THE ORGANIZATION. A NOMINATIONS COMMITTEE OF MEMBERS PROPOSE CANDIDATES TO BE VOTED ON AT THE ANNUAL MEETING. IN ADDITION, AN ACTIVE OR LIFE MEMBER HAS THE RIGHT TO PROPOSE OTHER NOMINEES FOR POSITIONS ON THE ORGANIZATION'S GOVERNING BODY, IF THE MEMBER OBTAINS SUPPORT FOR THE NOMINATION OF AT LEAST 10 PERCENT OF THE ORGANIZATION'S VOTING MEMBERS. FORM 990, PART VI, SECTION A, LINE 7B ACTIVE AND LIFE MEMBERS OF THE ORGANIZATION HAVE THE RIGHT TO VOTE ON ANY PROPOSED CHANGES TO THE ORGANIZATION'S BY-LAWS OR CORPORATE CHARTER. AN AMENDMENT OF THE BY-LAWS OR CORPORATE CHARTER IS APPROVED IF A MAJORITY VOTE, REPRESENTING AT LEAST 5 PERCENT OF THE ORGANIZATION'S VOTING MEMBERS, APPROVES THE AMENDMENT. FORM 990, PART VI, SECTION B, LINE 11 A DRAFT OF FORM 990 IS PROVIDED TO EACH MEMBER OF THE ORGANIZATION'S EXECUTIVE COMMITTEE, WHICH IS COMPRISED OF FOUR MEMBERS OF THE BOARD OF DIRECTORS. EACH MEMBER OF THE EXECUTIVE COMMITTEE IS A LICENSED CPA. THE MEMBERS REVIEW THE FORM 990 FOR ACCURACY AND COMPLETENESS AND RAISE ANY QUESTIONS WITH THE OTHER EXECUTIVE COMMITTEE MEMBERS AND THE PROFESSIONAL CPA FIRM ENGAGED TO PREPARE THE ORGANIZATION'S FORM 990. THE DRAFT FORM 990 IS ALSO REVIEWED BY THE ORGANIZATION'S AUDIT COMMITTEE. ONCE ALL MATTERS ARE RESOLVED, THE FORM 990 IS APPROVED AND FILED WITH THE INTERNAL REVENUE SERVICE. FORM 990, PART VI, SECTION B, LINE 12C ON AN ANNUAL BASIS, ALL BOARD MEMBERS AND OFFICERS ARE PROVIDED WITH THE CONFLICT OF INTEREST POLICY AND ARE REQUIRED TO COMPLETE AND SIGN THE DOCUMENT AND DISCLOSURE FORM. ALL FORMS ARE REVIEWED BY THE MACPA EXECUTIVE COMMITTEE. ANY CONFLICTS ARE BROUGHT TO THE EXECUTIVE COMMITTEE OF THE BOARD FOR DISPOSITION. THE EXECUTIVE COMMITTEE WILL MAKE A DETERMINATION AS TO WHETHER A CONFLICT EXISTS AND WHAT ACTION, IF ANY, IS APPROPRIATE. THE EXECUTIVE COMMITTEE WILL REPORT THE RESULTS OF THE DELIBERATION TO THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 THE EXECUTIVE DIRECTOR HAS AN EMPLOYMENT CONTRACT THAT IS DEVELOPED BY A FOUR-PERSON COMPENSATION COMMITTEE OF THE BOARD OF DIRECTORS. THE COMPENSATION COMMITTEE REVIEWS THE WORK OF THE EXECUTIVE DIRECTOR ANNUALLY, AND WHEN A NEW CONTRACT IS DEVELOPED, THE COMMITTEE USES SIMILAR ENTITIES' FORM 990S AND ASAE'S COMPENSATION STUDY TO DEVELOP THE PROPER CONTRACT AND COMPENSATION. THE EXECUTIVE DIRECTOR, ALONG WITH THE COMPENSATION COMMITTEE DETERMINE THE SALARY OF THE CHIEF FINANCIAL OFFICER AND THE CHIEF OPERATING OFFICER. SIMILAR ENTITIES' COMPENSATION AND ASAE'S STUDIES ARE ALSO USED IN THE DETERMINATION OF THEIR SALARIES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S DOCUMENTS ARE AVAILABLE ON ITS WEBSITE AT WWW.MACPA.ORG. THE ORGANIZATION'S BYLAWS AND FINANCIAL STATEMENTS ARE AVAILABLE ONLY TO MEMBERS VIA A MEMBER ACCESS LOGIN. ALL OTHER DOCUMENT ARE AVAILABLE TO THE PUBLIC. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED LOSSES ON INVESTMENTS: -40,091. DESCRIBE CHANGES IN COMMITTEE OVERSIGHT OF THE FINANCIAL STATEMENT AUDIT` FORM 990 PART XI LINE 2C THERE WERE NO CHANGES FROM THE PRIOR YEAR REGARDING THE OVERSIGHT PROCESS. MACPA EDUCATIONAL FOUNDATION INC 901 DULANEY VALLEY ROAD NO 710 TOWSON MD 21204 521787902 PROVIDE SCHOLARSHIPS TO ACCOUNTING STUDENTS MD 501(C)(3) LINE 11B, II N/A 1 BUSINESS LEARNING INSTITUTE INC 901 DULANEY VALLEY ROAD SUITE 710 TOWSON MD 21204 260041639 DELIVER COMPETENCY-BASED CURRICULUM TO ENHANCE LEARNING FOR BUSINESSES MD N/A C 618380 329682 1.00000 0 1 0 1 0 0 0 0 0 0 0 0 1 1 0 1 0 0 BUSINESS LEARNING INSTITUTE INC N 169908 COST STUDY BY INDEPENDENT CONSULT BUSINESS LEARNING INSTITUTE INC P 241959 COST STUDY BY INDEPENDENT CONSULT