North Carolina Association Of Certified Public Accountants Inc

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

EIN: 560521526 ✦ Raleigh, NC ✦ Designated as a 501(c)(6)

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Overview

What is North Carolina Association Of Certified Public Accountants Inc?

The North Carolina Association of Certified Public Accountants Inc. is a nonprofit organization situated in Raleigh, North Carolina. Its primary focus is to enhance and uphold the skills of Certified Public Accountants (CPAs) through various educational programs. These programs are essential for maintaining and improving CPAs' competencies and are also a requirement for the renewal of CPA certification. To achieve this mission, the association has numerous committees, task forces, and advisory groups that collaborate with organizations such as the North Carolina State Board of CPA Examiners, the American Institute of Certified Public Accountants, and other regulatory bodies that influence state and national accounting standards. The association has a workforce of 35 individuals dedicated to supporting the accounting profession and the community it serves.


Official website here: www.ncacpa.org

What do the Facebook reviews say about North Carolina Association Of Certified Public Accountants Inc?

100% of the six reviewers on Facebook recommend the North Carolina Association of Certified Public Accountants Inc. Here is a summary of their reviews:

The organization is highly regarded for its effectiveness in keeping members informed about state tax laws, which users appreciate immensely. This resource offers valuable support to certified public accountants looking to enhance their knowledge and stay compliant with regulations.

Overall, it appears that the nonprofit is successful in meeting the needs of its community, helping professionals navigate the complexities of accounting and tax law in North Carolina. Users find it to be a beneficial and trustworthy resource.


This AI summary has been generated from reviews found on Facebook.

Is North Carolina Association Of Certified Public Accountants Inc legitimate?

North Carolina Association Of Certified Public Accountants Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. North Carolina Association 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: $914,968
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,725,470

For more financial information, click here


Official website here: www.ncacpa.org

What is the mission statement of North Carolina Association Of Certified Public Accountants Inc?

The North Carolina Association of Certified Public Accountants Inc's mission is centered around enhancing the accounting profession and the community it serves. They achieve this through various means, including advocacy, fostering connections, providing education, and offering resources. Their mission is carried out by engaging with several organizations such as the North Carolina State Board of CPA Examiners, American Institute of Certified Public Accountants, Financial Accounting Standards Board, Internal Revenue Service, and other regulatory bodies, all of which contribute to shaping state and national accounting standards.


Official website here: www.ncacpa.org

Who is the CEO of North Carolina Association Of Certified Public Accountants Inc?

Mark Soticheck is the Board Member of North Carolina Association Of Certified Public Accountants Inc. The CEO's salary of North Carolina Association Of Certified Public Accountants Inc is $369,020 and their total compensation is $483,674.


Official website here: www.ncacpa.org

What is the revenue of North Carolina Association Of Certified Public Accountants Inc?

North Carolina Association Of Certified Public Accountants Inc's revenue in 2022 was $7,194,699.


Official website here: www.ncacpa.org

Who are the executives of North Carolina Association Of Certified Public Accountants Inc and what are their salaries?

The average compensation at North Carolina Association Of Certified Public Accountants Inc during 2022 was $75,441. There are 35 employees and 400 volunteers at North Carolina Association Of Certified Public Accountants Inc.


Here are 19 key members and their salaries (North Carolina Association Of Certified Public Accountants Inc's CEO's salary is $369,020 and their total compensation is $483,674):


Abi Raja (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Lehmann (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arleen Thomas (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Beth Monaghan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Swerbinsky (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Kevin James (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jared Korver (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanette Franzel (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jose Rodriguez (Chair-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelli Knoble (Immediate Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Branch (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristin Pappas (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rob Rowan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shawana Hudson (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Whitney Gann (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lara Vann (Director Of Finance & Admin.)
  • Compensation: $125,485
  • Related: $0
  • Other: $30,032
Mark Soticheck (Chief Operating Officer)
  • Compensation: $230,968
  • Related: $0
  • Other: $44,611
Sharon Bryson (Chief Executive Officer)
  • Compensation: $369,020
  • Related: $0
  • Other: $114,654
Lorrie Gold (Director Of Communications)
  • Compensation: $130,058
  • Related: $0
  • Other: $28,219


Official website here: www.ncacpa.org

Where can I find the form 990 for North Carolina Association Of Certified Public Accountants Inc?

North Carolina Association Of Certified Public Accountants Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ncacpa.org

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

Mission Statement of North Carolina Association Of Certified Public Accountants Inc

The North Carolina Association of Certified Public Accountants Inc is committed to fulfilling its mission, which primarily revolves around enhancing the accounting profession and the community it serves. This is accomplished through four key areas: advocacy, connections, education, and resources. The organization interacts regularly with various entities that shape state and national accounting standards, including the North Carolina State Board of CPA Examiners, the North Carolina General Assembly, the American Institute of Certified Public Accountants, the Financial Accounting Standards Board, the Internal Revenue Service, and other regulators. By engaging with these entities, the North Carolina Association of Certified Public Accountants Inc plays a crucial role in influencing accounting standards at both the state and national levels.

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Impact




October, 2024

The North Carolina Association of Certified Public Accountants, Inc. plays a crucial role in enhancing the accounting profession and supporting the community through various means. By providing professional education tailored to maintain and improve the skills of Certified Public Accountants (CPAs), the association ensures that its members stay current with the latest developments and standards in the field. This ongoing education is critical, as it is also a requirement for CPA certification renewal.

Moreover, the association actively engages with key regulatory bodies, including the North Carolina State Board of CPA Examiners and the North Carolina General Assembly. Its 30+ committees, task forces, and advisory groups facilitate interactions with influential organizations such as the American Institute of Certified Public Accountants and the Financial Accounting Standards Board. These connections enable the association to advocate for the interests of the profession while shaping both state and national accounting standards.

Through advocacy, education, and the provision of resources, the North Carolina Association of Certified Public Accountants significantly contributes to community improvement and the overall progression of the accounting profession in the state.




This information is meant to be a general summary of North Carolina Association 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.

Revenue
$7,194,699 (2022)
Expenses
$7,528,082 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $154,217
  • Program Service Revenue: $4,340,462
  • Gross Receipts: $7,197,739

Assets and Liabilities:

  • Total Assets: $10,162,234
  • Total Liabilities: $2,723,685
  • Net Assets: $7,438,549

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Programs

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

PROFESSIONAL EDUCATION

Revenue

$4,228,836

SPONSORSHIPS AND OTHER

Revenue

$111,197

MEMBER ENGAGEMENT

Revenue

$329

PEER REVIEW ADMINISTRA

Revenue

$100

Organization Details

Founding Year

1919

Principal Officer

Mark Soticheck

Main Address

PO BOX 80188, RALEIGH, NC, 27623

NTEE Category

Code: S41 - Community improvement

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