2025-11-13T11:13:34-06:00 2024-12-31 333709623 COHNREZNICK ADVISORY LLC 14 SYLVAN WAY PARSIPPANY NJ 070543801 990 2024-01-01 130432265 AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS AMER 9194024500 220 LEIGH FARM ROAD DURHAM NC 277078110 TIMOTHY LASPALUTO CFO 9194024500 2025-10-16 1 1 LORI ROTHE YOKOBOSKY P01273422 9732283500 2025-11-01 2024 2025-03-06 01:10:19Z MARK KOZIEL 220 LEIGH FARM ROAD DURHAM NC 277078110 252896783 0 X WWW.AICPA-CIMA.COM X 1916 DC THE AICPA IS A MEMBERSHIP ORGANIZATION THAT SERVES AND UNITES THE ACCOUNTANCY PROFESSION. 262 261 0 1187 2501242 613830 142417698 170487263 44578654 32309411 4824934 6623261 19523739 18367946 211345025 227787881 939834 1183278 0 0 890683 4723165 0 0 0 229380203 216369115 231210720 222275558 -19865695 5512323 222296924 239811316 139670303 143760488 82626621 96050828 X THE AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS IS A MEMBERSHIP ORGANIZATION WHOSE PRIMARY EXEMPT PURPOSES ARE TO SERVE AND UNITE THE ACCOUNTANCY PROFESSION, TO DEVELOP AND MAINTAIN HIGH PROFESSIONAL STANDARDS, TO ADVANCE THE SCIENCE OF ACCOUNTANCY, TO DEVELOP AND IMPROVE ACCOUNTANCY EDUCATION AND TO PROVIDE FOR THE EXAMINATION OF CANDIDATES. 0 0 MEMBERSHIP SERVICES: APPROXIMATELY 338,000 VOTING MEMBERS HAVE ACCESS TO A VARIETY OF MEMBERSHIP PRODUCTS & SERVICES, SUCH AS EDUCATIONAL SERVICES. UNIFORM CPA EXAMINATIONS: TOTAL NUMBER OF EXAM SECTIONS GRADED - APPROXIMATELY 233,000 CONTINUING PROFESSIONAL EDUCATION AND CONFERENCES: THE AICPA ANNUALLY PROVIDES NUMEROUS CONFERENCES AS WELL AS GROUP STUDY AND INDIVIDUAL STUDY CONTINUING PROFESSIONAL EDUCATION COURSES AND PRESENTATIONS FOR MEMBERS. 0 1 0 1 0 0 0 1 0 1 1 0 1 1 1 0 1 0 0 1 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 149 0 1 0 1 1 0 0 0 1 1 0 0 0 X 262 261 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 0 0 0 X TIMOTHY LASPALUTO 9194024500 220 LEIGH FARM ROAD DURHAM NC 277078110 ALAN WHITMAN DIRECTOR 3.00 3.00 X 0 0 0 ANDY MINTZER (OUTGOING) DIRECTOR 3.00 3.30 X 0 0 0 ANGELA HO DIRECTOR 3.00 3.00 X 0 0 0 ANNETTE STALKER DIRECTOR 3.00 3.00 X 0 0 0 ANOOP MEHTA (OUTGOING) IMMEDIATE PAST CHAIR 3.00 3.00 X X 0 0 0 ANTHONY GONZALEZ DIRECTOR 3.00 3.00 X 0 0 0 ASIF SADIQ DIRECTOR 3.00 3.00 X 0 0 0 BARRY C MELANCON PRESIDENT & CEO 3.00 40.00 X X 9345 2710702 399606 BETH KIEFFER LEONARD (OUTGOING) DIRECTOR 3.00 3.00 X 0 0 0 CARLA MCCALL VICE CHAIR/CHAIR 3.00 3.00 X X 0 0 0 CHARLIE STEEL DIRECTOR 3.00 3.00 X 0 0 0 EBONIE JACKSON (OUTGOING) DIRECTOR 3.00 3.00 X 0 0 0 JACQUELYN TRACY DIRECTOR 3.00 3.00 X 0 0 0 JAN LEWIS DIRECTOR 3.00 3.00 X 0 0 0 JONYCE BULLOCK (OUTGOING) DIRECTOR 3.00 3.00 X 0 0 0 LEXY KESSLER DIRECTOR/VICE CHAIR 3.00 3.00 X X 0 0 0 LINDSAY STEVENSON DIRECTOR 3.00 3.00 X 0 0 0 MATT SNOW (OUTGOING) DIRECTOR 3.00 3.00 X 0 0 0 MICHELLE SCHUMACHER DIRECTOR 3.00 3.00 X 0 0 0 OKORIE RAMSEY CHAIR/IMMEDIATE PAST CHAIR 3.00 3.00 X X 0 0 0 RUMBI PETROZZELLO DIRECTOR 3.00 3.00 X 0 0 0 SCOTT SHOWALTER DIRECTOR 3.00 3.30 X 0 0 0 WESLEY WES BRICKER DIRECTOR 3.00 3.00 X 0 0 0 MICHAEL BUDDENDECK SECRETARY 3.00 40.00 X 0 535713 61021 TIMOTHY LASPALUTO CFO 3.00 40.60 X 0 584985 53068 9345 3831400 513695 0 0 1 0 CULTURE ONE WORLD LLC 1333 H ST NW 900W WASHINGTON DC 20005 ADVERTISING SERVICES 13982380 STRASZ COMPUTER CONSULTING INC 4365 US HIGHWAY 1 STE 201 PRINCETON NJ 08540 IT CONSULTING 6429215 WITHUM SMITH AND BROWN PC 1411 BROADWAY 23RD FLOOR NEW YORK NY 10018 CONSULTING SERVICES 5784625 EVERFI INC 2300 N ST NW STE 500 WASHINGTON DC 20005 CONSULTING SERVICES 2472500 BAKER TILLY VIRCHOW KRAUSELLP 2000 TOWN CENTER 900 SOUTHFIELD MI 48075 CONSULTING SERVICES 2423751 53 140734763 29752500 170487263 UNIFORM CPA/APFS EXAMS 813910 19327602 19327602 PEER REVIEW 813910 7457929 7457929 MAGAZINE PUBLICATIONS 513120 2311417 110175 2201242 CONFERENCES 611430 1899871 1899871 PROFESSIONAL DEVELOPMENT 813910 1307971 1307971 4621 4621 32309411 4038136 4038136 7478768 7478768 27694027 25108902 2585125 2585125 2585125 AFFINITY PROGRAMS 900003 890151 890151 ADMIN FEE FROM INSURANCE TRUST 900099 300000 300000 9699027 9549027 150000 10889178 227787881 40547347 2501242 14252029 894673 288605 4723165 164242958 645963 291228 9315061 11790500 521788 8902367 396550 1524011 2077101 2484353 6241574 552037 PUBLICATIONS & PROFESSI 3382916 MEMBERSHIP EXPENSE 2134881 UNRELATED BUSINESS INCO 1149312 SALES COMMISSIONS 393860 322655 222275558 202338 1165151 15243409 4788522 32503960 36765507 36640 36948 2210980 4654260 20105226 14576681 6387876 5528545 113960231 112190876 12712914 14162888 26892998 23050275 12145578 37468344 222296924 239811316 3254212 2159544 80897944 77898877 4145339 3614388 51372808 60087679 139670303 143760488 X 39378108 70712193 43248513 25338635 82626621 96050828 222296924 239811316 5512323 7911884 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 1 125082538 4902716 749244 5651960 5003302 648658 0 1 X 2376923 2227891 149032 12083979 9507958 2576021 2311523 2105866 205657 3332801 734966 2597835 5528545 GLOBAL EQUITY LONG-ONLY FUND LP 14162888 F 14162888 OTHER ASSETS 37468344 37468344 DEFERRED EMPLOYEE BENEFITS 26849489 RIGHT OF USE LIABILITY 33238190 60087679 X PART IV, LINE 2B: THE AICPA HANDLES THE ACCOUNTING FOR COSO, FED LEGISLATIVE TASK FORCE FUND AND THE ALLIANCE FOR RESPONSIBLE PROFESSIONAL LICENSING. THESE FUNDS ARE HELD AS LIABILITIES ON THE AICPA'S BOOKS. PART X, LINE 2: THE INSTITUTE HAS ANALYZED TAX POSITIONS TAKEN FOR FILING WITH THE INTERNAL REVENUE SERVICE OF THE US AND HIS MAJESTY'S REVENUE AND CUSTOMS OF THE UK AS WELL AS ANY OTHER JURISDICTIONS WHERE IT OPERATES. THE INSTITUTE DOES NOT ANTICIPATE ANY ADJUSTMENTS THAT WOULD RESULT IN A MATERIAL ADVERSE EFFECT ON THE INSTITUTE'S FINANCIAL CONDITION, RESULTS OF OPERATIONS OR CASH FLOWS. FEDERAL INCOME TAX RETURNS RELATED TO US DOMICILED ENTITIES AS WELL AS UK TAX RETURNS PRIOR TO DECEMBER 31, 2021 ARE CLOSED. MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. THE INSTITUTE'S POLICY ON CLASSIFICATION OF INTEREST AND PENALTIES IS TO INCLUDE THESE AMOUNTS IN SUPPORTING ACTIVITIES - GENERAL MANAGEMENT IN THE ACCOMPANYING COMBINED STATEMENTS OF ACTIVITIES, NET ASSETS, AND PREFERRED STOCK. THE INSTITUTE DOES NOT HAVE ANY MATERIAL UNCERTAIN TAX POSITIONS DURING THE YEARS ENDED DECEMBER 31, 2024 AND 2023 AND HAS NOT ACCRUED ANY INTEREST OR PENALTIES RELATED TO UNRECOGNIZED TAX POSITIONS. THE INSTITUTE HAS NOT IDENTIFIED ANY MATERIAL ASC 740 LIABILITIES. EUROPE (INCLUDING ICELAND & GREENLAND) - ALBANIA, ANDORRA, AUSTRIA, BELGIUM 0 0 PROGRAM SERVICES SUPPORT SERVICES TO BEST MEET THE NEEDS OF OUR MEMBERS IN A GLOBAL ECONOMY. 249836 MIDDLE EAST AND NORTH AFRICA - ALGERIA, BAHRAIN, DJIBOUTI, EGYPT, 0 0 PROGRAM SERVICES SUPPORT SERVICES TO BEST MEET THE NEEDS OF OUR MEMBERS IN A GLOBAL ECONOMY. 44283 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES 1 1 PROGRAM SERVICES SUPPORT SERVICES TO BEST MEET THE NEEDS OF OUR MEMBERS IN A GLOBAL ECONOMY. 500 SOUTH ASIA - AFGHANISTAN, BANGLADESH, BHUTAN, INDIA, MALDIVES, NEPAL, 0 0 PROGRAM SERVICES SUPPORT SERVICES TO BEST MEET THE NEEDS OF OUR MEMBERS IN A GLOBAL ECONOMY. 38100 1 1 0 0 1 1 332719 0 332719 0 0 1 0 0 0 SCHEDULE F, PART IV, LINE 5 THE AICPA HAS ATTACHED FORM 5471 TO THE 990T. 1 AICPA FOUNDATION 220 LEIGH FARM ROAD DURHAM NC 27707 136169602 501(C)(3) 449797 0 CONTRIBUTION ASSOCIATION OF CERTIFIED FRAUD EXAMINERS 220 LEIGH FARM ROAD DURHAM NC 27707 742524096 501(C)(6) 26500 0 ANNUAL 35TH ACFE GLOBAL CONFERENCE FINANCIAL EXECUTIVES INTERNATIONAL 220 LEIGH FARM ROAD DURHAM NC 27707 131981932 501(C)(6) 35000 0 CONTRIBUTION NABA - NATIONAL ASSOCIATION OF BLACK ACCOUNTANTS INC 6406 IVY LANE SUITE 200B GREENBELT MD 20770 237097490 501(C)(6) 76000 0 SPONSORSHIP PAYMENT FOR 2024 NATIONAL CONVENTION EXPO NATIONAL ASSOCIATION OF CORPORATE DIRECTORS 1515 N COURTHOUSE ROAD SUITE 1200 ARLINGTON VA 22201 522314113 501(C)(6) 85000 0 CONTRIBUTION STEELERS CHARITES 3400 SOUTH WATER ST PITTSBURGH PA 15203 471052707 162750 0 PROMOTE ACCOUNTING+ INITIATIVES THE NATIONAL JUDICIAL COLLEGE UNIVERSITY OF NEVADA MS358 RENO NV 89557 942427596 501(C)(3) 50000 0 CONTRIBUTION 2 5 AWARDS 57 288605 SCHEDULE I, PART LINE 2: THE INSTITUTE VERIFIES THAT THE GRANT RECIPIENTS HAVE THE APPROPRIATE SKILLS AND MANAGEMENT TO ESTABLISH THE AGREED UPON PROGRAMS AND ARE COMPLIANT WITH THEIR EXEMPT PURPOSES. THESE RESEARCH GRANTS/STIPENDS ARE GIVEN AFTER THE WORK HAS BEEN COMPLETED. 0 0 0 BARRY C MELANCON PRESIDENT & CEO 0 2057025 0 629556 9345 24121 0 386450 0 42225 9345 3139377 0 0 TIMOTHY LASPALUTO CFO 0 450860 0 113051 0 21074 0 41112 0 18833 0 644930 0 19500 MICHAEL BUDDENDECK SECRETARY 0 465939 0 48700 0 21074 0 37117 0 32026 0 604856 0 0 PART I, LINE 3 ALL COMPENSTION IS DETERMINED BY A RELATED ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 6 PERSONS MAY QUALIFY FOR ADMISSION AS VOTING MEMBERS OF THE INSTITUTE IF THEY SATISFY THE FOLLOWING CRITERIA: - THEY ARE IN POSSESSION OF A VALID AND UNREVOKED CERTIFIED PUBLIC ACCOUNTANT CERTIFICATE ISSUED BY A LEGALLY CONSTITUTED AUTHORITY, OR AT ANY TIME POSSESSED THE CERTIFICATE DESCRIBED HEREIN AND THE CERTIFICATE WAS NOT REVOKED AS A RESULT OF A DISCIPLINARY ACTION, OR MEET THE EDUCATION, EXAMINATION AND EXPERIENCE REQUIREMENTS SET OUT IN THE UNIFORM ACCOUNTANCY ACT AND WHO ARE OF GOOD MORAL CHARACTER AND HAVE NEVER BEEN GRANTED A RIGHT TO PRACTICE, - THEY HAVE PASSED AN EXAMINATION IN ACCOUNTING AND OTHER RELATED SUBJECTS SATISFACTORY TO THE BOARD OF DIRECTORS, AND - WITH RESPECT TO THOSE PERSONS WHO ARE ENGAGED IN THE PRACTICE OF PUBLIC ACCOUNTING AS AN OWNER OR AS AN EMPLOYEE WHO HAS BEEN LICENSED AS A CPA FOR MORE THAN TWO YEARS, EITHER THEY ARE PRACTICING IN A FIRM THAT IS ENROLLED IN AN INSTITUTE-APPROVED PRACTICE-MONITORING PROGRAM IF THE SERVICES PERFORMED BY SUCH A FIRM ARE WITHIN THE SCOPE OF THE AICPA'S PRACTICE-MONITORING STANDARDS AND THE FIRM ISSUES REPORTS PURPORTING TO BE IN ACCORDANCE WITH AICPA PROFESSIONAL STANDARDS, OR IF AUTHORIZED BY COUNCIL, ARE THEMSELVES ENROLLED IN SUCH A PROGRAM. WITH RESPECT TO PERSONS WHO FIRST BECOME ELIGIBLE TO TAKE THE CPA EXAMINATION AFTER THE YEAR 2012, THEY SHALL HAVE OBTAINED 150 SEMESTER HOURS OF EDUCATION AT AN ACCREDITED COLLEGE OR UNIVERSITY INCLUDING A BACHELOR'S DEGREE OR ITS EQUIVALENT. AFTER 2012, A PERSON WHO DOES NOT MEET THE EDUCATIONAL REQUIREMENT MAY, NONETHELESS, BE ELIGIBLE FOR MEMBERSHIP UPON ENACTMENT (REGARDLESS OF THE EFFECTIVE DATE) OF THE EDUCATION REQUIREMENT SET OUT IN THIS SECTION BY THE STATE WHICH GRANTS THE CERTIFICATE. FORM 990, PART VI, SECTION A, LINE 7A PER THE AICPA BYLAWS, THERE SHALL BE AT LEAST ONE MEMBER OF COUNCIL DIRECTLY ELECTED BY THE MEMBERS OF THE INSTITUTE IN EACH STATE HAVING ONE OR MORE PERSONS ON THE MEMBERSHIP LISTS OF THE INSTITUTE. THE TOTAL NUMBER OF DIRECTLY ELECTED MEMBERS OF COUNCIL SHALL BE EIGHTY-FIVE. THE NUMBER OF SEATS SHALL BE EQUITABLY ALLOCATED AMONG THE STATES IN DIRECT PROPORTION TO THE NUMBER OF INSTITUTE MEMBERS ENROLLED FROM EACH STATE. FORM 990, PART VI, SECTION A, LINE 7B THE BOARD OF DIRECTORS SHALL ACT AS THE EXECUTIVE COMMITTEE OF COUNCIL BETWEEN MEETINGS OF COUNCIL, SHALL CONTROL AND MANAGE THE PROPERTY, BUSINESS, AND ACTIVITIES OF THE INSTITUTE, AND SHALL TAKE WHATEVER ACTION IT DEEMS DESIRABLE INCLUDING THE ESTABLISHMENT OF POLICIES FOR THE CONDUCT OF THE AFFAIRS OF THE INSTITUTE CONSISTENT WITH THE PROVISIONS OF THESE BYLAWS, RESOLUTIONS OF THE MEMBERSHIP, OR ACTIONS OF THE COUNCIL. AMENDMENTS TO THE BYLAWS AUTHORIZED BY THE COUNCIL SHALL BE SUBMITTED TO ALL OF THE MEMBERS OF THE INSTITUTE FOR A VOTE BY PAPER OR ELECTRONIC BALLOT, NO LATER THAN 180 DAYS FOLLOWING DISCUSSION OR AUTHORIZATION BY THE COUNCIL. IF AT LEAST TWO-THIRDS OF THOSE VOTING APPROVE SUCH PROPOSAL, IT SHALL BECOME EFFECTIVE AS AN AMENDMENT TO THE BYLAWS. PAPER OR ELECTRONIC BALLOTS SHALL BE CONSIDERED VALID AND COUNTED ONLY IF RECEIVED AS INSTRUCTED BY THE INSTITUTE FOR THE RETURN OF SUCH VOTES WITHIN SIXTY DAYS FROM THE DATE OF MAILING THE BALLOTS TO THE MEMBERS. FORM 990, PART VI, SECTION B, LINE 11B AN INDEPENDENT CPA TAX PROFESSIONAL ANNUALLY PREPARES THE FORM 990 RETURN AND THE BOARD AGREES THAT THIS IS THE APPROPRIATE FIDUCIARY PROCESS. THE BOARD AND AUDIT AND FINANCE COMMITTEE ANNUALLY EVALUATES THE FIRM HIRED TO PREPARE THE FORM 990 RETURN AND CONFIRMS THE FORM IS APPROPRIATELY FILED. THE AUDIT AND FINANCE COMMITTEE CHAIR, THE BOARD CHAIR, AS WELL AS MEMBERS OF THE FINANCE MANAGEMENT TEAM REVIEW THE FORM 990 FOR ACCURACY PRIOR TO SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THE INSTITUTE CONTINUOUSLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY BY SUCH ACTIONS AS REVIEWS OF HIRED CONSULTANTS TO DETERMINE IF INDEPENDENCE EXISTS AND ENVIRONMENTAL SCANS OF BUSINESS NEWS TO ENSURE THAT NO CONFLICTS EXIST. ANY INDIVIDUALS WITH A CONFLICT OF INTEREST ARE REQUIRED TO DECLARE POTENTIAL CONFLICTS AND ARE REQUIRED TO RECUSE THEMSELVES FROM THE DISCUSSION AND VOTING ON THE MATTER. FORM 990, PART VI, SECTION C, LINE 19 THE INSTITUTE'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND COMBINED FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON THE INSTITUTE'S WEBSITE, WWW.AICPA-CIMA.COM, AND UPON REQUEST. FORM 990, PART VI, LINE 1A THE GOVERNING BODY OF THE ORGANIZATION DELEGATES BROAD AUTHORITY TO THE EXECUTIVE COMMITTEE OF COUNCIL BETWEEN MEETINGS TO CONTROL AND MANAGE THE ACTIVITIES, BUSINESS, AND PROPERTY OF THE INSTITUTE. THE EXECUTIVE COMMITTEE IS COMPRISED OF THE BOARD OF DIRECTORS OF THE COUNCIL. NORTHSTAR CONFERENCES LLC 220 LEIGH FARM ROAD DURHAM NC 27707 061623588 CONFERENCES DE 0 0 AICPA ACCOUNTING RESEARCH ASSOCIATION 220 LEIGH FARM ROAD DURHAM NC 27707 136227058 DEVELOP AND ESTABLISH FINANCIAL GOVERNMENT ACCOUNTING REPORTING STANDARDS DC 501(C)(6) AICPA 1 AICPA BENEVOLENT FUND 220 LEIGH FARM ROAD DURHAM NC 27707 136168775 PROVIDE SHORT TERM FINANCIAL ASSISTANCE TO MEMBERS IN NEED NY 501(C)(3) LINE 10 AICPA 1 AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS FOUNDATION 220 LEIGH FARM ROAD DURHAM NC 27707 136169602 ADVANCES ACCOUNTING PROFESSION AND EDUCATION DIVERSITY DC 501(C)(3) LINE 7 AICPA 1 AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS PAC 220 LEIGH FARM ROAD DURHAM NC 27707 132937976 CONTRIBUTES TO CANDIDATES FOR FEDERAL ELECTIVE OFFICE DC 527 AICPA 1 ASSOCIATION OF INTERNATIONAL CERTIFIED PROFESSIONAL ACCOUNTANTS 220 LEIGH FARM ROAD DURHAM NC 27707 364847532 MEMBERSHIP ORG FOR THE ACCOUNTING PROFESSION DC 501(C)(6) AICPA 1 INSTITUTE FOR ACCOUNTING PROFESSIONALS IN THE AMERICAS 66 WELLINGTON STREET WEST SUITE 53 TORONTO ONTARIO CA M5K 1E6 ADVANCES THE ACCOUNTING PROFESSION CA AICPA 1 CPACOM 1345 AVENUE OF THE AMERICAS NEW YORK NY 10019 223731549 BRINGS INNOVATIVE PARTNER SOLUTIONS TO THE ACCOUNTING PROFESSION DE AICPA C 43535692 94450768 0.90820 1 MAPAGLOBAL (MALAYSIA) SDN BHD LEVEL 10 1 FIRST AVENUE BANDAR UT PETALING JAYA SELANGOR MY 47800 GLOBAL BUSINESS SERVICES MY ASSOCIATION OF INTERNATIONAL CERTIFIED PUBLIC ACCOUNTANTS C 5849952 2129550 1.00000 1 0 1 0 1 0 0 0 0 0 0 0 1 1 1 1 1 0 1 0 AICPA FDN B 449797 FMV