2022-09-13T16:36:46-05:00 2022-04-30 540504608 BROWN EDWARDS & COMPANY LLP 1802 BAYBERRY COURT SUITE 300 RICHMOND VA 23226 990 2021-05-01 546053666 VIRGINIA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS VIRG 8042705344 4309 COX ROAD GLEN ALLEN VA 23060 STEPHANIE PETERS CAE PRESIDENT 8042705344 2022-09-07 1 STEPHANIE PETERS CAE XXX-XX-XXXX MELISSA A SIKES P01261580 8042826000 2022-09-01 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z STEPHANIE PETERS CAE 4309 COX ROAD GLEN ALLEN VA 23060 6843610 0 X WWW.VSCPA.COM X 1909 VA THE VSCPA IS THE LEADING PROFESSIONAL ASSOCIATION THAT SERVES AS THE ESSENTIAL, STRATEGIC PARTNER FOR ALL CERTIFIED PUBLIC ACCOUNTANTS (CPA), THEIR PROFESSION AND THEIR COMMUNITIES. THE VSCPA SERVES ITS MEMBERSHIP (10,972 INDIVIDUAL CPAS AND 12,750 TOTAL MEMBERS) BY DRIVING INNOVATION AND VISION, CREATING A CULTURE OF LEARNING, ADVOCATING FOR CPAS' INTERESTS, INFLUENCING STUDENTS TO BECOME CPAS AND PROMOTING DIVERSITY, EQUITY AND INCLUSION IN THE PROFESSION. THIS INCLUDES PROVIDING CONTINUING PROFESSIONAL EDUCATION, MEMBER BENEFITS AND PROGRAMS TO CONNECT CPAS, PUBLIC RELATIONS ACTIVITIES TO ENHANCE THE CPA BRAND, COMMUNITY OUTREACH TO THE PUBLIC AND STUDENTS, ADVOCACY TO LEGISLATORS AND REGULATORS ON MATTERS OF INTEREST TO CPAS AND THE PUBLIC, AND A PEER REVIEW PROGRAM TO ENSURE PROFESSIONAL EXCELLENCE OF CPA SERVICES. 17 16 33 263 79733 11842 0 519300 5544082 5197776 17521 58504 143405 141946 5705008 5917526 0 0 0 0 2746437 3032197 0 0 0 2421827 2622139 5168264 5654336 536744 263190 7638918 6920007 2516722 1623155 5122196 5296852 X THE VSCPA'S MISSION IS TO EMPOWER OUR MEMBERS TO THRIVE. THE MISSION IS ACCOMPLISHED BY UNITING CPAS AND OTHER ACCOUNTING AND FINANCE PROFESSIONALS IN VIRGINIA, PROMOTING AND ENSURING HIGH PROFESSIONAL STANDARDS OF PRACTICE, ASSISTING IN THE MAINTENANCE OF STANDARDS FOR ENTRY TO THE PROFESSION, PROTECTING THE INTERESTS OF CPAS, DEVELOPING AND IMPROVING ACCOUNTING EDUCATION, AND OFFERING CONTINUING EDUCATION TO ITS MEMBERS. 0 0 CONTINUING PROFESSIONAL EDUCATION: VSCPA OFFERS CONFERENCES, SEMINARS, IN-HOUSE EDUCATION COURSES AND ONLINE LEARNING OPPORTUNITIES TO ENABLE VIRGINIA CPAS TO MEET THEIR CONTINUING PROFESSIONAL EDUCATION (CPE) REQUIREMENTS FOR CPA LICENSURE. THE VSCPA PROVIDES ORIGINAL CPE PROGRAMMING THAT CPAS CANNOT RECEIVE ELSEWHERE, INCLUDING A SUITE OF VSCPA WRITTEN PROFESSIONAL ETHICS COURSES THAT MEET THE CPAS' TWO-HOUR ETHICS EDUCATION REQUIREMENT FOR VIRGINIA. MEMBERSHIP SERVICES: VSCPA OFFERS VARIOUS SERVICES JUST FOR MEMBERS, INCLUDING UNIQUE ONLINE OFFERINGS; PROFESSIONAL AND LEADERSHIP DEVELOPMENT; DISCOUNTS ON PRODUCTS, SERVICES AND INSURANCE; VOLUNTEER OPPORTUNITIES AND NETWORKING EVENTS. EXAMPLES INCLUDE A CENTER FOR INNOVATION WITH FUTURE-FORWARD RESOURCES AND LEARNING, MEMBERS-ONLY ONLINE COMMUNITY, EXCLUSIVE LEADERSHIP DEVELOPMENT PROGRAMS FOR NEW CPAS AND ASPIRING PARTNERS, AND MORE THAN 20 FREE CPE OPPORTUNITIES EACH YEAR. THE VSCPA ALSO PROVIDES NEWS AND INFORMATION VIA ITS WEBSITE, E-NEWSLETTERS, SOCIAL MEDIA, PODCAST AND DISCLOSURES MAGAZINE. PUBLIC AND COMMUNITY OUTREACH: VSCPA PROVIDES PUBLIC RELATIONS AND COMMUNITY SERVICE PROGRAMS TO PROMOTE A POSITIVE IMAGE OF THE CPA PROFESSION IN VIRGINIA AND ENCOURAGE FINANCIAL RESPONSIBILITY AMONG VIRGINIA'S CITIZENS. VSCPA ALSO AIMS TO ATTRACT STUDENTS TO CAREERS IN ACCOUNTING VIA A STUDENT MEMBERSHIP PROGRAM, SPEAKING ENGAGEMENTS TO HIGH SCHOOL AND COLLEGE AUDIENCES AND OFFERING EXCLUSIVE WORKSHOPS AND PROGRAMS FOR VIRGINIA COLLEGE ACCOUNTING STUDENTS. THE VSCPA PROMOTES A #COUNTONCPAS SOCIAL MEDIA CAMPAIGN YEAR-ROUND TO HIGHLIGHT MEMBER VOLUNTEERS STATEWIDE PARTAKING IN COMMUNITY SERVICE EVENTS AND PROJECTS. PEER REVIEW ADMINISTRATION PROGRAM: VSCPA ADMINISTERS THE AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS PEER REVIEW PROGRAM FOR ALL VIRGINIA CPA FIRMS THAT PROVIDE AUDIT, REVIEW OR COMPILATION SERVICES. THROUGH THIS ADMINISTRATION, THE VSCPA AIMS TO ASSIST THE CPA PROFESSION IN MAINTAINING A HIGH STANDARD OF QUALITY FOR ACCOUNTING AND/OR AUDITING SERVICES PROVIDED, WHICH ALSO ENSURES THE PUBLIC INTEREST IS PROTECTED. LEGISLATIVE AND REGULATORY ACTIVITIES: VSCPA ACTS AS AN ADVOCATE FOR MEMBERS BY CULTIVATING RELATIONSHIPS WITH VIRGINIA'S LEGISLATORS AND LAWMAKERS, REPRESENTING THE CPA INTEREST, OFFERING OPINIONS AND COMMENTS ON ISSUES THAT AFFECT CPAS AND/OR BUSINESS ISSUES THAT AFFECT THE PUBLIC AND SERVING AS A RESOURCE ON ACCOUNTING-RELATED LEGISLATION, STUDIES AND TASK FORCES. VSCPA ALSO RUNS A "CPA ASSEMBLY" PROGRAM ANNUALLY DURING GENERAL ASSEMBLY SESSION DESIGNED TO ENGAGE MEMBERS IN THE POLITICAL PROCESS AND PUT THEM IN TOUCH WITH LOCAL LEGISLATORS. 0 1 0 1 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 24 0 33 1 1 1 0 0 0 1 1 0 0 0 X 17 16 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 X BETH BICKFORD 8046129414 4309 COX ROAD GLEN ALLEN VA 23060 ANNE HAGEN CHAIR 1.00 X X 0 0 0 GEORGE D FORSYTHE CHAIR-ELECT 1.00 X X 0 0 0 NAMMY K LEE VICE CHAIR 1.00 X X 0 0 0 JENNIFER S LEHMAN VICE CHAIR 1.00 X X 0 0 0 STEPHANIE R PETERS PRESIDENT & CEO 40.00 0.50 X X 275833 0 101150 AARON L PETERS VICE CHAIR 1.00 X X 0 0 0 CHRISTINE B WILLIAMSON VICE CHAIR 1.00 X X 0 0 0 COURTNEY M ARRINGTON DIRECTOR 1.00 X 0 0 0 MICHAEL BRUNSON SR DIRECTOR 1.00 X 0 0 0 DANIEL P HUDGENS DIRECTOR 1.00 X 0 0 0 LATOYA D JORDAN DIRECTOR 1.00 X 0 0 0 ANDREW T MARTIN DIRECTOR 1.00 X 0 0 0 THOMAS L MILBURN DIRECTOR 1.00 X 0 0 0 JOHN W REYNOLDS DIRECTOR 1.00 X 0 0 0 NEENA SHUKLA DIRECTOR 1.00 X 0 0 0 GEORGE W WALLIG DIRECTOR 1.00 X 0 0 0 JOHN M WATERS DIRECTOR 1.00 X 0 0 0 MAUREEN DINGUS CHIEF OPERATING OFFICER 40.00 0.10 X 183868 0 27284 TINA BATES VICE PRESIDENT, INNOVATION 40.00 0.10 X 131234 0 21869 AMY MAWYER VICE PRESIDENT, LEARNING 40.00 0.10 X 133376 0 22056 BETH BICKFORD VICE PRESIDENT, FINANCE 35.00 5.00 X 136811 0 21789 EMILY WALKER VICE PRESIDENT, ADVOCACY 40.00 0.10 X 124071 0 20972 985193 0 215120 6 0 1 0 DON FARMER CPA PA 508 MULBERRY ST PO BOX 1858 LENOIR NC 286451858 CONTINUING EDUCATION INSTRUCTOR 244288 UNLEASHED TECHNOLOGIES LLC 8840 STANFORD BLVD STE 4300 COLUMBIA MD 21045 IT SUPPORT 122622 2 519300 519300 MEMBERSHIP DUES & SERV 900099 2465400 2465400 CONTINUING EDUCATION 611710 2293382 2263882 29500 PEER REVIEW ADMIN FEES 561000 336180 336180 PUBLICATIONS 541800 50233 50233 INNOVATION 611710 32380 32380 20201 20201 5197776 41135 41135 116903 5156 111747 9667 2135 7532 7532 7532 941318 918664 5285 22654 -5285 17369 17369 ADMINISTRATION FEES 561000 10000 10000 MISCELLANEOUS 900099 7511 7511 17511 5917526 5148242 79733 170251 335087 2125334 160937 243110 167729 2394 23589 12014 21350 172369 376441 131602 284 1036794 243122 16036 UNRELATED BUSINESS INCO 3198 PUBLIC/MEMBER SERVICES 217968 PEER REVIEW ADMINISTRAT 177651 GOVERNANCE - DIRECT PRO 91383 95944 5654336 731470 250 3335713 4294971 162670 152550 229277 192325 4113264 1833353 2456953 2279911 722835 7638918 6920007 931124 987752 1066298 635403 519300 2516722 1623155 X 5122196 5296852 5122196 5296852 7638918 6920007 263190 -88534 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 2465400 15650 15650 49308 -33658 268561 268561 2799412 1259114 1540298 739941 359704 380237 305350 214535 90815 2279911 X PART X, LINE 2: THE FINANCIAL ACCOUNTING STANDARDS BOARD PROVIDES GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. MANAGEMENT EVALUATED THE SOCIETY'S TAX POSITIONS AND CONCLUDED THAT THE SOCIETY HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. WITH FEW EXCEPTIONS, THE SOCIETY IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE TAXING AUTHORITIES FOR YEARS ENDING BEFORE APRIL 30, 2019. THE SOCIETY INCLUDES PENALTIES AND INTEREST ASSESSED BY INCOME TAXING AUTHORITIES IN ADMINISTRATIVE AND GENERAL EXPENSES. THE SOCIETY DID NOT HAVE PENALTIES AND INTEREST ASSESSED BY TAXING AUTHORITIES DURING THE YEARS ENDED APRIL 30, 2022 AND 2021. X X X X 0 0 0 STEPHANIE R PETERS PRESIDENT & CEO 275833 0 0 0 0 0 87025 0 14125 0 376983 0 0 0 MAUREEN DINGUS CHIEF OPERATING OFFICER 183868 0 0 0 0 0 16548 0 10736 0 211152 0 0 0 BETH BICKFORD VICE PRESIDENT, FINANCE 136811 0 0 0 0 0 12313 0 9476 0 158600 0 0 0 AMY MAWYER VICE PRESIDENT, LEARNING 133376 0 0 0 0 0 12004 0 10052 0 155432 0 0 0 TINA BATES VICE PRESIDENT, INNOVATION 131234 0 0 0 0 0 11811 0 10058 0 153103 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE VSCPA IS A MEMBERSHIP ORGANIZATION THAT PROVIDES CONTINUING PROFESSIONAL EDUCATION, MEMBER BENEFITS AND PROGRAMS TO CONNECT CPAS, PUBLIC RELATIONS ACTIVITIES TO ENHANCE THE CPA BRAND, COMMUNITY OUTREACH TO THE PUBLIC AND STUDENTS, ADVOCACY TO LEGISLATORS AND REGULATORS ON MATTERS OF INTEREST TO CPAS AND THE PUBLIC, AND A PEER REVIEW PROGRAM TO ENSURE PROFESSIONAL EXCELLENCE OF CPA SERVICES. FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS OF THE VSCPA ELECT THE BOARD OF DIRECTORS ON AN ANNUAL BASIS. FORM 990, PART VI, SECTION A, LINE 7B BYLAW CHANGES INITIATED BY THE GOVERNING BODY ARE VOTED ON BY THE MEMBERS OF THE VSCPA. FORM 990, PART VI, SECTION B, LINE 11B THE VSCPA AUDIT COMMITTEE REVIEWS AND APPROVES THE FORM 990. THE FORM 990 IS THEN SHARED WITH THE VSCPA BOARD OF DIRECTORS PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO ANNUALLY DISCLOSE ALL INTERESTS ON A WRITTEN FORM WHICH IS SIGNED AND DATED. THE EXECUTIVE COMMITTEE REVIEWS AND DETERMINES WHAT CONSTITUTES A CONFLICT OF INTEREST. IF A CONFLICT EXISTS, THE INDIVIDUAL IS PROHIBITED FROM PARTICIPATING IN DELIBERATIONS AND DECISIONS REGARDING THAT TRANSACTION. FORM 990, PART VI, SECTION B, LINE 15A THE VSCPA COMPENSATION COMMITTEE (MADE UP OF VSCPA CHAIR, CHAIR-ELECT AND CHAIR-ELECT-NOMINEE) EVALUATES THE CEO'S PERFORMANCE ANNUALLY AND DETERMINES HER COMPENSATION. THE COMMITTEE USES DATA GATHERED ANNUALLY IN A SURVEY OF OTHER CPA SOCIETY CEOS. FORM 990, PART VI, SECTION C, LINE 19 THE VSCPA MAKES ITS GOVERNING DOCUMENTS AND AUDITED FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC ON ITS WEBSITE AT WWW.VSCPA.COM. THE CONFLICT OF INTEREST POLICY AND FORM 990 ARE AVAILABLE UPON REQUEST. FORM 990, PART I, LINE 6 THE TOTAL NUMBER OF VOLUNTEERS SERVING THE VSCPA INCLUDES BOARD MEMBERS, COMMITTEE MEMBERS, TASK FORCE MEMBERS AND INDIVIDUAL MEMBERS WHO PARTICIPATED IN THE VSCPA'S OTHER VOLUNTEER PROGRAMS. VSCPA EDUCATIONAL FOUNDATION INC 4309 COX ROAD GLEN ALLEN VA 23060 541302626 EDUCATIONAL FOUNDATION VA 501(C)(3) TYPE II 509(A)(3) N/A 0 VSCPA POLITICAL ACTION COMMITTEE 4309 COX ROAD GLEN ALLEN VA 23060 541998717 POLITICAL ACTION COMMITTEE VA 527 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 0 VSCPA EDUCATIONAL FOUNDATION INC R 71902 FMV VSCPA EDUCATIONAL FOUNDATION INC Q 95000 COST