Overview
What is Massachusetts Society Of Cpa's Inc?
Massachusetts Society of CPA's Inc. is a distinguished professional organization based in Boston, Massachusetts, serving over 11,000 certified public accountants and accounting professionals across the state. The organization provides its members with up-to-date information and resources through various platforms, such as a website, a bi-monthly magazine, and an electronic newsletter. It encourages peer-to-peer networking through regional events, roundtables, and mentor circles, with a total of 18 committees catering to members' interests. These committees, comprising 1,310 members, address current topics, challenges, and relevant regulations. In addition, the Massachusetts Society of CPA's Inc. hosts numerous networking events and roundtable groups to engage and support its members. The organization's mission is to protect, enhance, and promote the value of being a CPA in Massachusetts.
Official website here: www.masscpas.org
Is Massachusetts Society Of Cpa's Inc legitimate?
Massachusetts Society Of Cpa's Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Massachusetts Society Of Cpa's Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $641,374
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,158,155
For more financial information, click here
Official website here: www.masscpas.org
What is the mission statement of Massachusetts Society Of Cpa's Inc?
The Massachusetts Society of CPA's Inc, as a professional organization, is committed to safeguarding, enhancing, and promoting the value of being a Certified Public Accountant (CPA). This is achieved by providing its members with up-to-date and relevant information through various platforms, including the society's website, a bi-monthly magazine, and an electronic newsletter. The organization also fosters peer-to-peer networking opportunities through regional events and mentor circles, consisting of 18 committees with over 1,300 members. These committees address current topics, challenges, and relevant regulations, contributing to the advancement and growth of its members. The society hosts a range of networking events, including live and virtual sessions, to foster a sense of community among its members.
Official website here: www.masscpas.org
Who is the CEO of Massachusetts Society Of Cpa's Inc?
Zachary Donah is the Chair of Massachusetts Society Of Cpa's Inc. The CEO's salary of Massachusetts Society Of Cpa's Inc is $160,587 and their total compensation is $183,621.
Official website here: www.masscpas.org
What is the revenue of Massachusetts Society Of Cpa's Inc?
Massachusetts Society Of Cpa's Inc's revenue in 2023 was $4,107,303.
Official website here: www.masscpas.org
Who are the executives of Massachusetts Society Of Cpa's Inc and what are their salaries?
The average compensation at Massachusetts Society Of Cpa's Inc during 2023 was $93,318. There are 30 employees and 1350 volunteers at Massachusetts Society Of Cpa's Inc.
Here are 25 key members and their salaries (Massachusetts Society Of Cpa's Inc's CEO's salary is $160,587 and their total compensation is $183,621):
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- Compensation: $159,014
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- Compensation: $160,587
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- Compensation: $158,135
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- Compensation: $113,187
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- Compensation: $112,740
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- Other: $6,907
Official website here: www.masscpas.org
Where can I find the form 990 for Massachusetts Society Of Cpa's Inc?
Massachusetts Society Of Cpa's Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.masscpas.org
Learn more at the official website: www.masscpas.org
Mission Statement of Massachusetts Society Of Cpa's Inc
The Massachusetts Society of CPAs, Inc. is dedicated to safeguarding, enhancing, and advocating for the value of being a certified public accountant (CPA) within the state. This prominent professional organization, comprising over 11,000 CPAs and accounting professionals, aims to protect and promote the significance of the CPA profession in Massachusetts. To achieve this, the Society provides its members with up-to-date and relevant information through various mediums, such as its website, a bimonthly magazine, and a targeted electronic newsletter. Furthermore, the Society encourages networking opportunities among its members through regional events and mentor circles, demonstrating its commitment to fostering a supportive and collaborative community within the accounting field. With a focus on current topics, challenges, and relevant regulations, the Society's 18 committees, comprising 1,310 members, contribute to addressing the needs and concerns of its members. In total, the Massachusetts Society of CPAs, Inc. hosts a variety of networking events and roundtables, ensuring that its members remain connected and informed within their profession.
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Impact
October, 2024
The Massachusetts Society of CPAs Inc. significantly impacts the landscape of the accounting profession in the state. With a membership base of over 11,000 certified public accountants and accounting professionals, it serves as the foremost professional organization dedicated to enhancing the value of being a CPA in Massachusetts.
By providing its members with timely and relevant information through various channels—including a comprehensive website, a bi-monthly magazine, and targeted electronic newsletters—the Society keeps accountants informed about industry developments, regulations, and best practices. This emphasis on continuous education and up-to-date knowledge ensures that its members can maintain a competitive edge in an evolving industry.
The Society also fosters a strong sense of community among financial professionals through a variety of networking opportunities. Its commitment to peer-to-peer engagement is evident in the organization of multiple live and virtual networking events, roundtables, and mentor circles. These platforms enable members to connect, share insights, and collaborate on addressing the challenges facing the accounting profession.
Additionally, with its 18 specialized committees comprised of dedicated members, the Society actively engages in discussions on current topics and relevant regulations. This collaborative approach allows for the development of collective strategies to tackle the pressing issues that accountants face, thus promoting best practices and influencing policy on behalf of its members.
Overall, the Massachusetts Society of CPAs Inc. plays a crucial role in advancing the profession while ensuring that accountants in the state are supported, informed, and connected. Its initiatives contribute to the ongoing enhancement of the profession's reputation, ultimately benefiting both the members and the clients they serve.
This information is meant to be a general summary of Massachusetts Society Of Cpa's Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $73,327
- Program Service Revenue: $4,033,976
- Gross Receipts: $4,517,559
Assets and Liabilities:
- Total Assets: $5,435,333
- Total Liabilities: $1,748,192
- Net Assets: $3,687,141
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$3,364,585
QUALITY REVIEW PROGRAM
Revenue
$323,669
ADVERTISING IN PUBLICA
Revenue
$140,631
MEETINGS & EVENTS - RE
Revenue
$94,946
OTHER ADVERTISING
Revenue
$67,552
Organization Details
Founding Year
1911
Phone
(617) 556-4000Principal Officer
Zachary Donah
Main Address
105 CHAUNCY STREET 10TH FLR, BOSTON, MA, 021111726
Website
www.masscpas.orgNTEE Category
Code: S41 - Community improvement
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