2024-03-01T12:59:24-06:00 2023-04-30 450250958 EIDE BAILLY LLP 2950 E HARMONY RD STE 290 FORT COLLINS CO 805283429 990 2022-05-01 840397653 COLORADO SOCIETY OF CPA'S COLO 3037732877 7887 E BELLEVIEW AVE STE 200 ENGLEWOOD CO 80111 ALICIA GELINAS CHIEF EXECUTIVE OFFICER 3037732877 2024-02-08 1 ALICIA GELINAS 999009999 0 KYLE FRITCH CPA P01313374 9702238825 2024-02-08 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z ALICIA GELINAS 7887 E BELLEVIEW AVE STE 200 ENGLEWOOD CO 80111 3866319 0 X WWW.COCPA.ORG X 1904 CO SUPPORT MEMBERS IN PROVIDING QUALITY PROFESSIONAL SERVICES TO SERVE THE PUBLIC INTEREST. 10 9 20 275 86316 4764 238081 0 3440496 3254437 164314 114552 37167 40846 3880058 3409835 10274 9298 0 0 1496929 1537505 0 0 0 2075871 2080149 3583074 3626952 296984 -217117 3772280 4064566 514589 1053514 3257691 3011052 THE ORGANIZATION'S MISSION IS TO PROTECT THE PUBLIC INTEREST AND TO CONNECT CPAS PERSONALLY AND MEANINGFULLY TO ALL ASPECTS OF THE PROFESSION. 0 0 MEMBER SERVICE - COLORADO SOCIETY OF CPAS (THE ORGANIZATION) DEVELOPS AND PROVIDES SERVICES AND BENEFITS TO MEMBERS. THE ORGANIZATION OFFERS ACTIVITIES TO ASSIST MEMBERS IN UNDERSTANDING AND ADJUSTING TO CHANGES IN THE ECONOMIC, POLITICAL, SOCIAL AND TECHNOLOGICAL ENVIRONMENT, AND PROVIDES OPPORTUNITIES FOR MEMBERS TO PARTICIPATE IN COMMUNITY, BUSINESS, LEGISLATIVE, EDUCATIONAL, AND OTHER ACTIVITIES WHERE THEIR EXPERTISE IS NEEDED. BENEFITS INCLUDE NETWORKING, TECHNICAL SUPPORT, AND LEGISLATIVE AND REGULATORY REPRESENTATION AND ADVOCACY, PROGRAMS AND ACTIVITIES TO RECRUIT STUDENTS INTO THE PROFESSION AND PROMOTE THE PROFESSION TO THE PUBLIC. CONTINUING PROFESSIONAL EDUCATION - COLORADO SOCIETY OF CPAS PROVIDES EDUCATIONAL INSTRUCTION AND MATERIALS ON ACCOUNTING, AUDITING, TAXATION, AND OTHER TOPICS IMPORTANT TO ACCOUNTING PROFESSIONALS TO ASSIST IN THE CONTINUING DEVELOPMENT OF THEIR PROFESSIONAL EXPERTISE. PEER REVIEW SERVICES - COLORADO SOCIETY OF CPAS PROVIDES SERVICES TO MEMBERS AND NONMEMBERS WHO ARE ENGAGED IN THE PRACTICE OF PUBLIC ACCOUNTING AND ARE ENROLLED IN AN APPROVED PRACTICE MONITORING PROGRAM, WHICH MONITORS PROFESSIONAL PERFORMANCE TO ENFORCE PROFESSIONAL STANDARDS. 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 32 0 1 20 1 1 1 0 0 0 1 1 0 0 0 X 10 9 0 0 0 0 1 1 0 1 0 0 1 1 1 1 1 1 1 1 1 0 0 X ALICIA GELINAS 3037732877 7887 E BELLEVIEW AVENUE STE 200 ENGLEWOOD CO 80111 MARY E MEDLEY CEO/SECRETARY (THRU 9/22) 45.00 X X 280415 0 12944 ALICIA GELINAS CFO THRU 922 CEO/SECRETARY (FROM 9/22) 49.00 X X 153837 0 16275 ANGELA ROBERTS CHAIR 5.00 X X 0 0 0 DIEGO BACA VICE CHAIR 1.00 X X 0 0 0 AMY KING TREASURER 1.00 X X 0 0 0 RANDY WATKINS PAST CHAIR 1.00 X X 0 0 0 RONALD GOODRICH DIRECTOR 1.00 X 0 0 0 DAVID LOUCKS DIRECTOR 1.00 X 0 0 0 JIM GILBERT DIRECTOR 1.00 X 0 0 0 HEIDI O'NEIL DIRECTOR 1.00 X 0 0 0 ALEXANDRIA ROMERO DIRECTOR 1.00 X 0 0 0 REBECCA CAMPBELL CHIEF LEARNING OFFICER 42.00 X 165662 0 20435 JOSH AN CFO (FROM OCT/22) 44.00 X 26533 0 3860 626447 0 53514 3 0 1 0 BLUE OCEAN IDEAS 600 WASHINGTON AVE STE 10 TOWSON MD 21204 MARKETING/COMMUNICATIONS/IT/VIDEO SERVIC 352451 1 MEMBERSHIP DUES 900099 1998248 1998248 CONTINUING EDUCATION 611430 814626 814626 PEER REVIEW DUES & FEE 900099 245100 245100 ADVERTISING & PROMOTIO 541800 115590 33724 81866 MEMBER EVENTS & ACTIVI 900099 78486 74036 4450 2387 2387 3254437 165736 165736 40846 40846 405300 456484 -51184 -51184 -51184 3409835 3168121 86316 155398 X 9298 664983 643871 30826 98133 99692 5250 18100 37185 2500 597763 55012 32780 277612 22718 294606 29073 13441 CONTENT FEES & MATERIAL 309687 EVENTS, TRAVEL, & MEETI 194290 CREDIT CARD FEES 77363 DONATED SERVICES 53351 59418 3626952 637795 327547 63588 88682 48757 68669 521826 510454 41672 11372 2980468 3051957 0 516339 3772280 4064566 303698 243659 210891 246309 0 563546 514589 1053514 X 3257691 3011052 3257691 3011052 3772280 4064566 -217117 -29522 0 X 0 1 X 1 0 0 0 0 1998247 37185 37185 38766 -1581 10285 7657 2628 511541 502797 8744 11372 OPERATING LEASE RIGHT-OF-USE ASSET 516339 516339 OPERATING LEASE LIABILITY 563546 563546 X 3380313 -29522 -29522 3409835 0 3409835 3626952 0 3626952 0 3626952 PART X, LINE 2: THE COCPA IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM ACTIVITIES NOT DIRECTLY RELATED TO THE COCPA'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE COCPA'S UNRELATED BUSINESS INCOME PRIMARILY REPRESENTS ADVERTISING REVENUE ASSOCIATED WITH THE COCPA'S NEWSACCOUNT PUBLICATION, WEBSITE, AND REAL PROPERTY RENTAL. THE COCPA DID NOT INCUR ANY MATERIAL INCOME TAX EXPENSE FROM THESE UNRELATED ACTIVITIES FOR THE YEARS ENDED APRIL 30, 2023 AND 2022. MANAGEMENT BELIEVES THAT THE COCPA HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN AFFECTING ITS ANNUAL FILING REQUIREMENTS, AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS. THE COCPA WOULD RECOGNIZE FUTURE ACCRUED INTEREST AND PENALTIES RELATED TO UNRECOGNIZED TAX BENEFITS AND LIABILITIES IN INCOME TAX EXPENSE IF SUCH INTEREST AND PENALTIES ARE INCURRED. THE COCPA'S FORM 990, 990-T'S AND OTHER INCOME TAX FILINGS REQUIRED BY STATE, LOCAL, OR NON-U.S. TAX AUTHORITIES ARE NO LONGER SUBJECT TO TAX EXAMINATION FOR YEARS BEFORE 2020. X 1 1 X X X 0 0 0 MARY E MEDLEY CEO/SECRETARY (THRU 9/22) 218807 0 52477 0 9131 0 10298 0 2646 0 293359 0 0 0 REBECCA CAMPBELL CHIEF LEARNING OFFICER 157229 0 7743 0 690 0 8323 0 12112 0 186097 0 0 0 ALICIA GELINAS CFO THRU 922 CEO/SECRETARY (FROM 9/22) 147709 0 5828 0 300 0 7766 0 8509 0 170112 0 0 0 PART I, LINE 1A SPOUSE TRAVEL BENEFIT APPROVED BY THE BOARD OF DIRECTORS PROVIDES THAT THE OGANIZATION WILL PAY FOR THE CEO'S SPOUSE TRAVEL TO ATTEND CERTAIN MEETINGS WHERE IT IS DEEMED NECESSARY TO THE PERFORMANCE OF THE CEO'S DUTIES. THE TRAVEL BENEFITS PROVIDED ARE INCLUDED IN TAXABLE INCOME. FORM 990, PART VI, SECTION A, LINE 1A IN ADDITION TO THOSE LISTED ON PART VII WHO ARE CHARGED WITH GOVERNANCE OF THE ORGANIZATION, THE CHAIR OF THE YOUNG PROFESSIONALS COUNCIL SHALL BE A NON-VOTING, EX-OFFICIO MEMBER OF THE BOARD. FORM 990, PART VI, SECTION A, LINE 6 FELLOW MEMBERS: CONSISTS OF HOLDERS OF VALID AND UNREVOKED CERTIFICATES OF CERTIFIED PUBLIC ACCOUNTANT ISSUED BY THE STATE BOARD OF ACCOUNTANCY OF COLORADO OR ISSUED BY AUTHORITY OF OTHER STATES OR TERRITORIES OF THE UNITED STATES, OR DISTRICT OF COLUMBIA. ASSOCIATE MEMBERS: CONSISTS OF PERSONS, OTHER THAN HOLDERS OF CERTIFIED PUBLIC ACCOUNTANT CERTIFICATIONS, WHO ARE 1) MEMBERS OF THE PROFESSIONAL OR ADMINISTRATIVE STAFF OF A COLORADO CERTIFIED PUBLIC ACCOUNTANT, OR FIRM THEREOF, OR 2) PURSUING FURTHER REQUIREMENTS TO BECOME A CPA, HAVING COMPLETED THE ACADEMIC REQUIREMENTS TO BECOME A CPA, OR 3) ACCOUNTING PROFESSIONALS EMPLOYED IN INDUSTRY, GOVERNMENT, OR NOT-FOR-PROFIT ORGANIZATIONS, OR 4) FACULTY MEMBERS IN ACCOUNTING AT ACCREDITED COLLEGES OR UNIVERSITIES, OR 5) NON-CPA OWNERS OF CPA FIRMS. ASSOCIATE MEMBERS ARE ENTITLED TO ALL PRIVILEGES OF MEMBERSHIP EXCEPT TO VOTE AND HOLD ELECTIVE OFFICE AS AN OFFICER. STUDENT MEMBERS: CONSISTS OF STUDENTS IN A POST-SECONDARY BUSINESS PROGRAM AT A COLLEGE OR UNIVERSITY, WHICH PROGRAM SATISFIES THE ACADEMIC PREPARATION REQUIREMENTS FOR TAKING THE CPA EXAMINATION. HONORARY MEMBERS: CONSISTS OF PERSONS WHO ARE ENTITLED TO RECEIVE SUCH HONOR BY VIRTUE OF THEIR ABILITY AND THEIR OUTSTANDING SERVICE TO THE ACCOUNTING PROFESSION AND THE COMMUNITY. FORM 990, PART VI, SECTION A, LINE 7A ANY 50 FELLOW MEMBERS OF THE SOCIETY MAY SUBMIT INDEPENDENT NOMINATIONS AND CANDIDATES RECEIVING THE LARGEST NUMBER OF VOTES SHALL BE ELECTED. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CEO, WHO IS A CPA. THE FORM IS THEN FORWARDED TO THE AUDIT COMMITTEE AND THE BOARD OF DIRECTORS, MOST OF WHOM ARE CPAS, FOR THEIR REVIEW BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS AND DIRECTORS ARE ASKED TO SELF-REPORT ANY POTENTIAL CONFLICTS. IN ADDITION, THE CEO, CFO, AND BOARD CHAIR ANTICIPATE AND DISCUSS IN ADVANCE WHETHER ANY OFFICER OR DIRECTOR SHOULD EXCUSE HIMSELF/HERSELF FROM A VOTE ON ANY MATTER DUE TO A POTENTIAL CONFLICT OF INTEREST. THE OFFICER OR DIRECTOR IS ADVISED OF THE NECESSITY TO ABSTAIN BEFORE THE VOTE. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION FOR THE CEO IS DETERMINED AND APPROVED BY AN INDEPENDENT COMPENSATION COMMITTEE USING SALARY SURVEY INFORMATION. THE COMPENSATION PROCESS AND OUTCOMES ARE SUMMARIZED ON A CEO COMPENSATION FORM AND SIGNED BY THE BOARD CHAIR TO BE MAINTAINED WITH THE PAYROLL RECORDS. THIS WAS LAST UNDERTAKEN IN 2023. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S BYLAWS, CODE OF PROFESSIONAL CONDUCT, AND AUDITED FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC ON THE ORGANIZATION'S WEB SITE (WWW.COCPA.ORG). FORM 990, PART IX, LINE 11G MARKETING/COMMUNICATIONS SERVICES 288,021. IT CONSULTING SERVICES 99,117. PEER REVIEW TECHNICAL EVALUATION SERVICES 32,080. CONTRACT LABOR - PEER REVIEW 55,260. CONTRACT LABOR - WRITING SERVICES 16,158. INSTRUCTOR EXPENSE/HONORARIUMS 77,696. OTHER PROFESSIONAL SERVICES 29,431.