Independent Accountants Assoc Of Mi

Michigan Tax & Accounting Prof

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 386090995 ✦ Bath, MI ✦ Designated as a 501(c)(6)

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Overview

What is Independent Accountants Assoc Of Mi?

The Independent Accountants Assoc of Mi, also known as Michigan Tax & Accounting Prof, is a nonprofit organization situated in Bath, Michigan. Its primary focus is on providing continuous professional education to its members, including accredited business accountants, enrolled agents, certified public accountants, and financial planners. They accomplish this through various seminars held throughout the year, which are now conducted virtually. The organization's mission is multifaceted, aimed at safeguarding the rights of its members, offering services and educational opportunities, enhancing member skills, and upholding the integrity of the accounting and tax preparation profession.


Official website here: www.iaam.net

Is Independent Accountants Assoc Of Mi legitimate?

Independent Accountants Assoc Of Mi is a legitimate nonprofit organization registered as a 501(c)(6) entity. Independent Accountants Assoc Of Mi 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.iaam.net

What is the mission statement of Independent Accountants Assoc Of Mi?

The Independent Accountants Assoc of Mi has a mission to safeguard the rights of its members, offer services and educational opportunities, improve member skills, and maintain the integrity of the accounting and tax preparation profession. This organization prioritizes education as its primary activity, conducting numerous seminars annually to provide continuing professional education opportunities for accredited business accountants, enrolled agents, certified public accountants, and financial planners. All of these seminars are offered virtually.


Official website here: www.iaam.net

Who is the CEO of Independent Accountants Assoc Of Mi?

Richard L Petrucha is the Vice Preside of Independent Accountants Assoc Of Mi.


Official website here: www.iaam.net

What is the revenue of Independent Accountants Assoc Of Mi?

Independent Accountants Assoc Of Mi's revenue in 2022 was $328,730.


Official website here: www.iaam.net

Who are the executives of Independent Accountants Assoc Of Mi and what are their salaries?


Here are 10 key members and their salaries:


Patty Beauchamp (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard L Petrucha (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard L Petrucha (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Carlisle (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Vanderhovel (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Wingate (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Neil Haack (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Olson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maha-Rabah Khalil (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gayle Arnold (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.iaam.net

Where can I find the form 990 for Independent Accountants Assoc Of Mi?

Independent Accountants Assoc Of Mi's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.iaam.net

Learn more at the official website: www.iaam.net

Mission Statement of Independent Accountants Assoc Of Mi

The Independent Accountants Assoc of Mi is dedicated to safeguarding the rights of its members, offering services and educational opportunities to enhance their skills, and maintaining the integrity of the accounting and tax preparation profession. This organization prioritizes education as its primary activity, organizing numerous seminars throughout the year to provide continuing professional development opportunities for its accredited business accountants, enrolled agents, certified public accountants, and financial planners. All these seminars are conducted virtually, ensuring accessibility for members across various locations. By pursuing this mission, the Independent Accountants Assoc of Mi aims to foster a robust and ethical accounting community.

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Impact




October, 2024

The Independent Accountants Association of Michigan plays a crucial role in enhancing the skills and knowledge of accounting professionals in the state. By offering a variety of virtual seminars throughout the year, it provides essential continuing professional education opportunities for accredited business accountants, enrolled agents, certified public accountants, and financial planners. This commitment to education not only equips members with the latest industry knowledge but also fosters a culture of integrity and professionalism within the accounting and tax preparation fields.

Moreover, the association actively protects the rights of its members, ensuring that they are supported and represented within the industry. By focusing on community improvement, it contributes to the overall enhancement of the accounting profession, promoting ethical standards and advocating for the interests of its members. This multifaceted impact strengthens both individual careers and the profession as a whole, ultimately benefiting clients and the community at large.




This information is meant to be a general summary of Independent Accountants Assoc Of Mi. 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.

Revenue
$328,730 (2022)
Expenses
$291,220 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $17,370
  • Program Service Revenue: $311,360
  • Gross Receipts: $382,229

Assets and Liabilities:

  • Total Assets: $401,291
  • Total Liabilities: $111,678
  • Net Assets: $289,613

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SEMINAR INCOME

Revenue

$190,968

MISC INCOME

Revenue

$75,183

MEMBERSHIP DUES

Revenue

$45,209

Organization Details

Founding Year

1947

Principal Officer

Richard L Petrucha

Main Address

PO BOX 398, BATH, MI, 488080398

NTEE Category

Code: S41 - Community improvement

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