2024-08-19T15:16:15-05:00 2024-04-30 540504608 BROWN EDWARDS & COMPANY LLP 4951 LAKE BROOK DRIVE SUITE 375 GLEN ALLEN VA 23060 990 2023-05-01 546053666 VIRGINIA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS VIRG 8042705344 4309 COX ROAD GLEN ALLEN VA 23060 STEPHANIE PETERS CAE PRESIDENT 8042705344 2024-08-16 1 1 MELISSA A SIKES P01261580 8042826000 2024-08-01 2023 2024-08-08 14:25:15Z STEPHANIE PETERS CAE 4309 COX ROAD GLEN ALLEN VA 23060 7752926 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 (OF MORE THAN 9,953 INDIVIDUAL CPAS AND 11,593 TOTAL MEMBERS) BY ADVOCATING FOR CPAS' INTERESTS, BUILDING KNOWLEDGE AND EXPERTISE, CREATING COMMUNITY AND LONG LASTING RELATIONSHIPS AND PROVIDING TRANSFORMATIONAL VALUE TO MEMBERS. THIS INCLUDES PROVIDING CONTINUING PROFESSIONAL EDUCATION, MEMBER BENEFITS AND PROGRAMS TO CONNECT CPAS, ACTIVITIES TO ENHANCE THE CPA BRAND AND PROMOTE DIVERSITY, EQUITY, INCLUSION AND BELONGING IN THE PROFESSION, COMMUNITY OUTREACH TO THE PUBLIC, PROGRAMS FOR STUDENTS AND EDUCATORS TO ADVANCE THE PIPELINE, 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 28 399 53293 0 0 0 5284211 6357745 -25312 148669 199359 158746 5458258 6665160 0 0 0 0 3062509 3270000 0 0 0 2706316 2903233 5768825 6173233 -310567 491927 6646742 8804101 1634657 3103061 5012085 5701040 X THE VSCPA'S MISSION IS TO EMPOWER THE CPA PROFESSION TO THRIVE. THE MISSION SUPPORTS OUR VISION FOR THE CPA PROFESSION TO BE CHAMPIONS OF CHANGE, DRIVERS OF INNOVATION, TRUSTED VISIONARY LEADERS, AND RELATIONSHIP BUILDERS. THE VSCPA UNITES CPAS AND OTHER ACCOUNTING AND FINANCE PROFESSIONALS IN VIRGINIA, PROMOTES HIGH PROFESSIONAL STANDARDS OF PRACTICE, ASSISTS IN THE MAINTENANCE OF STANDARDS FOR ENTRY TO THE PROFESSION, PROTECTS THE INTERESTS OF CPAS, DEVELOPS AND IMPROVES ACCOUNTING EDUCATION, AND OFFERS CONTINUING PROFESSIONAL EDUCATION. 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 INNOVATION PROGRAMMING WITH FUTURE-FORWARD RESOURCES AND LEARNING, MEMBERS-ONLY ONLINE COMMUNITY, EXCLUSIVE LEADERSHIP PROGRAMS, AND MORE THAN 20 FREE CPE OPPORTUNITIES EACH YEAR. THE VSCPA ALSO PROVIDES NEWS AND INFORMATION VIA ITS WEBSITE, E-NEWSLETTERS, SOCIAL MEDIA, AND DISCLOSURES DIGITAL 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 AUDIENCES AND OFFERING PROGRAMS FOR VIRGINIA COLLEGE ACCOUNTING STUDENTS AND EDUCATORS. THE VSCPA PROMOTES A #COUNTONCPAS SOCIAL MEDIA CAMPAIGN YEAR-ROUND TO HIGHLIGHT THE VALUE CPAS BRING TO VIRGINIA, ITS CITIZENS AND BUSINESSES AS WELL AS HIGHLIGHT MEMBER COMMUNITY SERVICE 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 ASSISTS 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 PROGRAM ANNUALLY DURING VIRGINIA GENERAL ASSEMBLY SESSION DESIGNED TO ENGAGE MEMBERS IN THE POLITICAL PROCESS AND PUT THEM IN TOUCH WITH LOCAL LEGISLATORS. 0 0 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 35 0 1 28 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 VA X BETH BICKFORD 8046129414 4309 COX ROAD GLEN ALLEN VA 23060 STEPHANIE R PETERS PRESIDENT & CEO 35.00 5.00 X X 304655 0 96573 JENNIFER S LEHMAN CHAIR 1.00 0.50 X X 0 0 0 CHRISTINE B WILLIAMSON CHAIR-ELECT 1.00 0.50 X X 0 0 0 KRYSTAL R MCCANTS VICE CHAIR 1.00 0.50 X X 0 0 0 ANDREW T MARTIN VICE CHAIR 1.00 0.50 X X 0 0 0 JOHN W REYNOLDS VICE CHAIR 1.00 0.50 X X 0 0 0 JOHN M WATERS VICE CHAIR 1.00 0.50 X X 0 0 0 COURTNEY M ARRINGTON DIRECTOR 1.00 0.50 X 0 0 0 MICHAEL BRUNSON SR DIRECTOR 1.00 0.50 X 0 0 0 SCOTT D DAVIS DIRECTOR 1.00 0.50 X 0 0 0 LINDSAY DEAN DIRECTOR 1.00 0.50 X 0 0 0 NICHOLAS A HARRISON DIRECTOR 1.00 0.50 X 0 0 0 ERIC M NEGANGARD DIRECTOR 1.00 0.50 X 0 0 0 BRANDON L POPE DIRECTOR 1.00 0.50 X 0 0 0 LAUREN S TEMPLEMAN DIRECTOR 1.00 0.50 X 0 0 0 GARY G WALLACE DIRECTOR 1.00 0.50 X 0 0 0 JAMIL WHITE DIRECTOR 1.00 0.50 X 0 0 0 BETH BICKFORD VICE PRESIDENT, FINANCE 35.00 5.00 X 147972 0 18999 MAUREEN DINGUS CHIEF OPERATING OFFICER 40.00 0.10 X 208712 0 24587 TINA BATES VICE PRESIDENT, INNOVATION 40.00 0.10 X 145223 0 20585 AMY MAWYER VICE PRESIDENT, LEARNING 40.00 0.10 X 142949 0 19205 EMILY WALKER VICE PRESIDENT, ADVOCACY 40.00 0.10 X 131348 0 17984 1080859 0 197933 6 0 1 0 0 MEMBERSHIP DUES & SERVICES 900099 2498079 2498079 CONTINUING EDUCATION 611710 1584989 1584989 FARMER SEMINAR REVENUE 611710 1225287 1225287 ETHICS 611710 648599 648599 PEER REVIEW ADMIN FEES 561000 329605 329605 71186 17893 53293 6357745 127738 127738 107052 6468 100584 43323 0 43323 43323 43323 1107971 726 1083939 3827 24032 -3101 20931 20931 PARTNER REVENUE 900099 5869 5869 MISCELLANEOUS 900099 2502 2502 8371 6665160 6383545 53293 228322 370726 2369503 133350 214533 181888 1500 26050 13720 69729 36941 179239 334065 118825 2734 783361 31875 349916 15971 FARMER SEMINAR EXPENSES 303534 PEER REVIEW ADMINISTRAT 150082 PUBLIC/MEMBER SERVICES 125177 GOVERNANCE 109467 251047 6173233 250 250 682236 788529 58653 36552 188956 185569 4413813 2258820 2217107 2154993 3455525 3454464 2161250 44015 22494 6646742 8804101 997421 1208214 637236 619847 1275000 1634657 3103061 X 5012085 5701040 5012085 5701040 6646742 8804101 491927 197028 0 X 0 1 X 1 0 0 0 0 2498079 22058 22058 24844 -2786 268561 268561 2825594 1406909 1418685 791693 528241 263452 527965 323670 204295 2154993 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. 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, 2024. X X X X 0 0 0 STEPHANIE R PETERS PRESIDENT & CEO 304655 0 0 0 0 0 83526 0 13047 0 401228 0 0 0 MAUREEN DINGUS CHIEF OPERATING OFFICER 208712 0 0 0 0 0 14610 0 9977 0 233299 0 0 0 BETH BICKFORD VICE PRESIDENT, FINANCE 147972 0 0 0 0 0 10358 0 8641 0 166971 0 0 0 TINA BATES VICE PRESIDENT, INNOVATION 145223 0 0 0 0 0 10166 0 10419 0 165808 0 0 0 AMY MAWYER VICE PRESIDENT, LEARNING 142949 0 0 0 0 0 10006 0 9199 0 162154 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, ACTIVITIES TO ENHANCE THE CPA BRAND AND PROMOTE DIVERSITY, EQUITY, INCLUSION AND BELONGING IN THE PROFESSION, COMMUNITY OUTREACH TO THE PUBLIC, PROGRAMS FOR STUDENTS AND EDUCATORS TO ADVANCE THE CPA PIPELINE, 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'S AUDIT COMMITTEE REVIEWS AND APPROVES THE FORM 990 PRIOR TO FILING WITH THE IRS. PRIOR TO ITS FILING, THE FORM 990 IS MADE AVAILABLE TO THE ENTIRE BOARD OF DIRECTORS. 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. THERE ARE NO OTHER OFFICERS OR KEY EMPLOYEES OF THE ORGANIZATION. 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 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 0 VSCPA EDUCATIONAL FOUNDATION INC C 85000 COST