Minnesota Society Of Certified Public Accountants

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

EIN: 410783480 ✦ Bloomington, MN ✦ Designated as a 501(c)(6)

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Overview

What is Minnesota Society Of Certified Public Accountants?

The Minnesota Society of Certified Public Accountants is a notable nonprofit organization based in Bloomington, Minnesota. With a workforce of 30 dedicated individuals, their primary mission is to uplift its members by fostering integrity, professional growth, and connections within the accounting profession. They achieve this by organizing various educational activities, such as live seminars, conferences, webinars, onsite education, and the sale of self-study products. These activities aim to help members meet regulatory requirements, advance their personal development, and cater to the needs of the financial and business community. The society's commitment extends to promoting the profession as a whole, advocating for its members and ensuring they remain at the forefront of their field.


Official website here: www.mncpa.org

Is Minnesota Society Of Certified Public Accountants legitimate?

Minnesota Society Of Certified Public Accountants is a legitimate nonprofit organization registered as a 501(c)(6) entity. Minnesota Society Of Certified Public Accountants 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: $472,954
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,916,097

For more financial information, click here


Official website here: www.mncpa.org

What is the mission statement of Minnesota Society Of Certified Public Accountants?

The Minnesota Society of Certified Public Accountants' mission is centered around elevating its members' impact. This is achieved through fostering integrity, promoting professional growth, and encouraging connections within the field. Additionally, the society acts as an advocate for the accounting profession. Their activities are designed to meet regulatory requirements, enhance personal development, and increase knowledge, catering to the needs of the financial and business community. These activities include live seminars, conferences, webinars, onsite education, and the sale of self-study products.


Official website here: www.mncpa.org

Who is the CEO of Minnesota Society Of Certified Public Accountants?

Linda Wedul is the President An of Minnesota Society Of Certified Public Accountants.


Official website here: www.mncpa.org

What is the revenue of Minnesota Society Of Certified Public Accountants?

Minnesota Society Of Certified Public Accountants's revenue in 2023 was $5,898,200.


Official website here: www.mncpa.org

Who are the executives of Minnesota Society Of Certified Public Accountants and what are their salaries?

The average compensation at Minnesota Society Of Certified Public Accountants during 2023 was $79,635. There are 30 employees and 908 volunteers at Minnesota Society Of Certified Public Accountants.


Here are 22 key members and their salaries:


Linda Wedul (President An)
  • Compensation: $242,883
  • Related: $0
  • Other: $47,096
Faye Hayhurst (Dir. Of Fina)
  • Compensation: $143,372
  • Related: $0
  • Other: $25,715
Geno Fragnito (Dir. Of Gove)
  • Compensation: $135,965
  • Related: $0
  • Other: $23,182
Lynn Kletscher (Dir. Of Educ)
  • Compensation: $134,363
  • Related: $0
  • Other: $13,519
Stephanie Schmidt (Dir Of Memb)
  • Compensation: $114,400
  • Related: $0
  • Other: $28,149
Misty Garrick (Digital Mana)
  • Compensation: $105,594
  • Related: $0
  • Other: $19,951
Jerome Reutzel (Secretary)
  • Compensation: $5,800
  • Related: $0
  • Other: $0
Warren Bostrom (Director)
  • Compensation: $3,500
  • Related: $0
  • Other: $0
David Brauer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Cedergren (Chair Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Deroo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Amanda Dick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cameron Edgar (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Esler (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katherine Gabriel (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kara Hanson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie Markert (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Miller (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric O'Link (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Svendsen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shauna Zwart (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mncpa.org

Where can I find the form 990 for Minnesota Society Of Certified Public Accountants?

Minnesota Society Of Certified Public Accountants's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.mncpa.org

Learn more at the official website: www.mncpa.org

Mission Statement of Minnesota Society Of Certified Public Accountants

The Minnesota Society of Certified Public Accountants (MNCPA) is committed to elevating its members' impact by fostering integrity, professional growth, and connection. This mission serves to advocate for the accounting profession as a whole. To accomplish this goal, MNCPA offers various educational activities designed to meet regulatory requirements, promote personal development, and increase knowledge within the financial and business community. These activities encompass live seminars, conferences, webinars, onsite education, and the sale of self-study products. The organization's objectives are geared towards empowering its members to excel in their profession and contribute positively to society.

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Impact




October, 2024

The Minnesota Society of Certified Public Accountants (MNCPA) significantly enhances the professional landscape for accountants in Minnesota. By prioritizing integrity, professional growth, and connection among its members, the society fosters a robust network that supports continuous learning and development.

Through a variety of educational activities such as live seminars, conferences, webinars, and onsite education, the MNCPA enables its members and the broader financial and business community to meet regulatory requirements and enhance their skills. This commitment to education not only helps individuals advance in their careers but also ensures that the profession as a whole maintains high standards of competence and ethics.

The impact of the MNCPA extends beyond individual members, as it plays a vital role in advocating for the accounting profession. By promoting the importance of certified public accountants in the financial ecosystem, the society contributes to the overall improvement of community financial health and business practices. In this way, the MNCPA not only elevates its members but also strengthens the profession and supports the integrity of the financial systems in Minnesota.




This information is meant to be a general summary of Minnesota Society Of Certified Public Accountants. 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
$5,898,200 (2023)
Expenses
$6,005,655 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $189,079
  • Program Service Revenue: $5,524,180
  • Gross Receipts: $7,725,714

Assets and Liabilities:

  • Total Assets: $10,479,742
  • Total Liabilities: $3,936,657
  • Net Assets: $6,543,085

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Programs

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

EDUCATION PROGRAMS

Revenue

$3,031,703

MEMBERSHIP DUES

Revenue

$2,231,067

PROFESSIONAL STANDARDS

Revenue

$183,890

MEMBERSHIP PROGRAMS

Revenue

$77,520

Organization Details

Founding Year

1904

Principal Officer

Linda Wedul

Main Address

1650 WEST 82ND STREET SUITE 600, BLOOMINGTON, MN, 55431

NTEE Category

Code: S41 - Community improvement

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