Overview
What is National Society Of Accountants For Cooperatives?
The National Society of Accountants for Cooperatives (NSAC) is a nonprofit organization located in Cincinnati, Ohio. Their primary mission is to elevate the professional image and performance of individual NSAC members in their cooperative-related services. They achieve this by offering tailored accounting, tax, and business education, as well as networking and professional development opportunities. NSAC hosts conferences, seminars, webinars, and committee meetings to provide educational and networking chances for professionals working with cooperatives. They also organize the Tax Finance and Accounting Conference for Cooperatives and online Cooperative Learning Network seminars/webinars (CLN). The organization has six active national committees, with approximately 100 volunteers, and an estimated 800 unique members participated in these offerings during the year.
Official website here: www.nsacoop.org
Is National Society Of Accountants For Cooperatives legitimate?
National Society Of Accountants For Cooperatives is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Society Of Accountants For Cooperatives 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.
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Official website here: www.nsacoop.org
What is the mission statement of National Society Of Accountants For Cooperatives?
The National Society of Accountants for Cooperatives, abbreviated as NSAC, has a mission to serve cooperatives by providing unique accounting, tax, and business education tailored for professionals working within or associated with cooperatives. This organization also offers networking and professional development opportunities to its members, prospective members, and others interested in cooperative accounting and tax issues. Through events such as conferences, seminars, webinars, and committee meetings, the NSAC provides education and networking opportunities to a vast audience. These events cover discussions on accounting standards, changes in tax law, best practices, and related topics for the cooperative industry. The organization also hosts the Tax Finance and Accounting Conference for Cooperatives and online Cooperative Learning Network seminars/webinars (CLN). Commencing in the fall of 2017, CLN registration fees were incorporated into annual membership dues. With an estimated 800 unique participants, these offerings were well-attended during the year. The NSAC has six major and active national committees, with approximately 100 volunteers contributing to its operations.
Official website here: www.nsacoop.org
Who is the CEO of National Society Of Accountants For Cooperatives?
Kimberly Fantaci is the President of National Society Of Accountants For Cooperatives.
Official website here: www.nsacoop.org
What is the revenue of National Society Of Accountants For Cooperatives?
National Society Of Accountants For Cooperatives's revenue in 2022 was $507,886.
Official website here: www.nsacoop.org
Who are the executives of National Society Of Accountants For Cooperatives and what are their salaries?
Here are 14 key members and their salaries:
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Official website here: www.nsacoop.org
Where can I find the form 990 for National Society Of Accountants For Cooperatives?
National Society Of Accountants For Cooperatives's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nsacoop.org
Learn more at the official website: www.nsacoop.org
Mission Statement of National Society Of Accountants For Cooperatives
The National Society of Accountants for Cooperatives, abbreviated as NSAC, is dedicated to enhancing the professional image and performances of its members who serve cooperatives. At its core, NSAC's mission is to serve cooperatives by offering accounting, tax, and business education specifically tailored to professionals working within the cooperative sector. Furthermore, the organization provides networking and professional development opportunities for its members, prospective members, and others with a keen interest in cooperative accounting and tax issues.
To accomplish its mission, NSAC hosts a variety of educational events such as conferences, seminars, and webinars. These meetings not only offer education and networking opportunities but also promote discussions on accounting standards, changes to tax law, and best practices for the cooperative industry. Some of the programs offered by NSAC include co-hosting the Tax, Finance, and Accounting Conference for Cooperatives and hosting online Cooperative Learning Network seminars/webinars (CLN). Starting in the fall of 2017, CLN registration fees have been included in annual membership dues. With an estimated 800 unique members participating in these offerings during the year, NSAC is committed to providing valuable resources and support for professionals working within the cooperative sector.
Additionally, NSAC has six major and active national committees, led by approximately 100 volunteers. These committees work together to facilitate education, networking, and professional development opportunities for members and non-members alike. By offering a wide range of educational resources and networking opportunities, NSAC plays a vital role in supporting professionals working within the cooperative sector and helping them to excel in their roles.
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Impact
October, 2024
The National Society Of Accountants For Cooperatives significantly influences the cooperative sector by enhancing accounting practices and professional development. Through a variety of educational offerings such as conferences, seminars, and webinars, it provides essential knowledge about accounting standards, tax laws, and best practices specifically tailored for cooperatives. These programs foster a greater understanding of cooperative accounting and tax issues, empowering professionals in the field.
With an estimated 800 unique members participating annually, the organization facilitates networking opportunities that strengthen connections among professionals dedicated to cooperative work. This collaborative environment helps drive improvements in professional performance and promotes the exchange of ideas and solutions within the cooperative industry.
Moreover, the active involvement of volunteers in national committees further amplifies its impact. By harnessing the collective expertise of its members, the National Society Of Accountants For Cooperatives aids in the ongoing education and advocacy for cooperative accounting, thereby supporting community improvement and the overall effectiveness of cooperatives.
This information is meant to be a general summary of National Society Of Accountants For Cooperatives. 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 2022.
- Investment Income: $19,876
- Program Service Revenue: $488,010
- Gross Receipts: $610,571
Assets and Liabilities:
- Total Assets: $1,728,772
- Total Liabilities: $115,295
- Net Assets: $1,613,477
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SPONSORSHIP/REGISTRATION
Revenue
$244,624
MEMBERSHIP DUES
Revenue
$226,856
EDUCATION
Revenue
$16,530
Organization Details
Founding Year
1943
Phone
(937) 222-6707Principal Officer
Kimberly Fantaci
Main Address
151 WEST 4TH STREET SUITE 222, CINCINNATI, OH, 45202
Website
www.nsacoop.orgNTEE Category
Code: S41 - Community improvement
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