Overview
What is Connecticut Society Of Certified Public Accountants Inc?
The Connecticut Society of Certified Public Accountants Inc, located at 716 Brook Street 100, Rocky Hill, CT 06067, serves as an advocate for the certified public accounting (CPA) profession. This nonprofit organization, with a team of 14 individuals, works diligently to safeguard CPAs from legislation and regulation that may potentially harm the profession. By interacting with various authorities, such as the Connecticut General Assembly, Internal Revenue Service, and Financial Accounting Standards Board, among others, they aim to uphold the public interest in transparent financial reporting. The mission of the CTCPA is to support and promote state CPAs through advocacy, community, and education. The primary goal is to preserve professional standards of conduct within the field of public accounting in Connecticut.
Official website here: www.ctcpas.org
Is Connecticut Society Of Certified Public Accountants Inc legitimate?
Connecticut Society Of Certified Public Accountants Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Connecticut Society Of Certified Public Accountants 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: $287,393
Professional Fundraising Fees: $0
Other Salaries and Wages: $623,280
For more financial information, click here
Official website here: www.ctcpas.org
What is the mission statement of Connecticut Society Of Certified Public Accountants Inc?
The Connecticut Society of Certified Public Accountants Inc. has a mission to serve as the professional association that promotes and supports certified public accountants (CPAs) in the state. Their primary objective is to uphold and advance professional standards of conduct within the field of public accounting. To achieve this, they engage in advocacy, interacting with various regulatory bodies and legislative groups to protect the CPAs from adverse legislation and regulation, and to ensure transparent financial reporting in the public interest. The organization also provides education and community support to its 6,080 members, aiming to preserve the integrity and excellence of the certified public accounting profession.
Official website here: www.ctcpas.org
Who is the CEO of Connecticut Society Of Certified Public Accountants Inc?
Bonnie Stewart is the CEO of Connecticut Society Of Certified Public Accountants Inc The CEO's salary of Connecticut Society Of Certified Public Accountants Inc is $229,758 and their total compensation is $258,380.
Official website here: www.ctcpas.org
What is the revenue of Connecticut Society Of Certified Public Accountants Inc?
Connecticut Society Of Certified Public Accountants Inc's revenue in 2024 was $2,444,253.
Official website here: www.ctcpas.org
Who are the executives of Connecticut Society Of Certified Public Accountants Inc and what are their salaries?
The average compensation at Connecticut Society Of Certified Public Accountants Inc during 2024 was $65,048. There are 14 employees and 1090 volunteers at Connecticut Society Of Certified Public Accountants Inc.
Here are 11 key members and their salaries (Connecticut Society Of Certified Public Accountants Inc's CEO's salary is $229,758 and their total compensation is $258,380):
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- Compensation: $229,758
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- Other: $28,622
- Compensation: $102,399
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- Other: $6,153
Official website here: www.ctcpas.org
Where can I find the form 990 for Connecticut Society Of Certified Public Accountants Inc?
Connecticut Society Of Certified Public Accountants Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.ctcpas.org
Learn more at the official website: www.ctcpas.org
Mission Statement of Connecticut Society Of Certified Public Accountants Inc
The Connecticut Society of Certified Public Accountants Inc is dedicated to promoting and supporting certified public accountants (CPAs) in the state of Connecticut. Their mission is threefold: to advance the professional standards of conduct within the field of public accounting, help preserve these standards, and protect the CPAs from adversarial legislation and regulation. The organization accomplishes this by interacting with various entities such as the Connecticut General Assembly, Connecticut Department of Revenue Services, Connecticut Department of Banking, Internal Revenue Service, Department of Labor, State Board of Accountancy, Department of Consumer Protection, Financial Accounting Standards Board, and Governmental Accounting Standards Board. By doing so, the Connecticut Society of Certified Public Accountants Inc upholds the public interest in transparent financial reporting and safeguards the CPAs' profession. They serve a substantial member base of 6,080 individuals.
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Impact
October, 2024
The Connecticut Society of Certified Public Accountants Inc (CTCPA) significantly impacts the accounting profession in Connecticut through its comprehensive advocacy, community engagement, and educational initiatives. By representing over 6,000 members, CTCPA plays a vital role in promoting and supporting Certified Public Accountants (CPAs) across the state.
Through its advocacy efforts, the organization safeguards the interests of the CPA profession by engaging with key governmental bodies, including the Connecticut General Assembly and various regulatory agencies. This interaction is essential in ensuring that legislation and regulations pertaining to public accounting do not negatively affect transparency in financial reporting or the integrity of the profession.
CTCPA is committed to upholding high professional standards and ethics within the field, which directly benefits the broader community by fostering trust and reliability in financial services. The organization also focuses on education, providing resources and training that enable CPAs to stay informed about evolving standards and best practices in accounting. This dedication to professional development not only enhances the capabilities of its members but also contributes to the overall efficacy and credibility of financial reporting in the state.
Moreover, CTCPA fosters a sense of community among accountants, promoting collaboration and networking opportunities that further enrich the profession. This community-oriented approach aids in sharing knowledge and experiences, ultimately leading to improved practices within the field.
In summary, CTCPA's impact is profound, as it strengthens the accounting profession through advocacy, education, and community support, ensuring that CPAs can effectively serve the public interest in Connecticut.
This information is meant to be a general summary of Connecticut Society Of Certified Public Accountants 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 2024.
- Investment Income: $58,132
- Program Service Revenue: $2,372,899
- Gross Receipts: $2,468,312
Assets and Liabilities:
- Total Assets: $2,522,074
- Total Liabilities: $684,934
- Net Assets: $1,837,140
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Conferences & CPE
Revenue
$1,218,011
Membership Dues
Revenue
$1,115,818
Advertising
Revenue
$39,070
Organization Details
Founding Year
1908
Principal Officer
Bonnie Stewart
Website
www.ctcpas.orgNTEE Category
Code: S41 - Community improvement
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