2024-11-15T19:05:47-06:00 2023-12-31 382492570 DOEREN MAYHEW 8785 SW 165TH AVENUE SUITE 303 MIAMI FL 33193 990 2023-01-01 391666875 ASSOCIATION OF CREDIT UNION AUDIT AND RISK PROFESSIONALS ASSO 7036882284 1434 DUKE ST 200 ALEXANDRIA VA 22314 BARRY LUCAS TREASURER 7035355757 2024-11-14 1 0 JOHN J MURNANE JR P03021572 3052328272 2024-11-14 2023 2024-10-15 13:58:12Z X X MARGARET CHAMBERLAIN 815 KING STREET SUITE 308 ALEXANDRIA VA 22314 683421 0 X WWW.ACUARP.ORG X 1990 VA THE ASSOCIATION OF CREDIT UNION AUDIT AND RISK PROFESSIONALS (ACUARP) IS AN INTERNATIONAL PROFESSIONAL ORGANIZATION DEDICATED TO THE PRACTICE OF INTERNAL AUDITING IN CREDIT UNIONS. ACUARP IS COMMITTED TO BEING THE PREMIER AND QUALITY PROVIDER OF CREDIT UNION INTERNAL AUDIT RESOURCES. 11 11 0 11 0 0 146400 159000 435205 443308 2504 15713 54000 65400 638109 683421 0 0 0 0 0 0 0 0 0 578962 741602 578962 741602 59147 -58181 735964 681399 26746 28416 709218 652983 THE ACUARP IS AN INTERNATIONAL PROFESSIONAL ORGANIZATION DEDICATED TO THE PRACTICE OF INTERNAL AUDITING IN CREDIT UNIONS. ACUARP IS COMMITTED TO BEING THE PREMIER AND QUALITY PROVIDER OF CREDIT UNION INTERNAL AUDIT RESOURCES. 0 0 EDUCATIONAL CONFERENCES: THE ANNUAL CONFERENCE PROVIDES TRAINING, SEMINARS, AND A FORUM FOR MEMBERS TO EXCHANGE IDEAS AND SOLUTIONS TO COMMON PROBLEMS. REGIONAL MEETINGS PROVIDE DIRECTIONAL INPUT TO THE ORGANIZATION, ENABLING IT TO FULFILL ITS EXEMPT PURPOSE. CERTIFICATION PROGRAM: THE ACUARP AND CREDIT UNION NATIONAL ASSOCIATION, INC. CO-ORGANIZE AN INTERNAL AUDITOR CERTIFICATION CONFERENCE, INCLUDING CERTIFICATION AND DESIGNATION AS WELL AS A RECERTIFICATION PROCESS. PUBLICATION:ONLINE MAGAZINE PUBLICATION PROVIDES THE ORGANIZATION WITH A MEANS OF COMMUNICATING WITH MEMBERS AND PROVIDES THE MEMBERS WITH INFORMATIVE ARTICLES ON TECHNICAL AND OTHER DEVELOPMENTS OF INTEREST TO THE COMMUNITY. 0 0 0 1 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 X 11 11 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 0 1 0 0 0 X GEOFF BACINO 7036882284 1434 DUKE ST SUITE 200 ALEXANDRIA VA 22314 X JOHN GALLAGHER VICE CHAIR 1.00 X 0 0 0 SHELLEY ENGLEMAN DIRECTOR 1.00 X 0 0 0 JULIE WILSON DIRECTOR 1.00 X 0 0 0 MARGARET CHAMBERLAIN CHAIR 1.00 X 0 0 0 BARRY LUCAS TREASURER 1.00 X 0 0 0 GEORGETTA CARVIN DIRECTOR 1.00 X 0 0 0 TABITHA ERNST-CHADWICK DIRECTOR 1.00 X 0 0 0 TARA TOCCO SECRETARY 1.00 X 0 0 0 TOM COSBY DIRECTOR 1.00 X 0 0 0 NABILA SHEIKH ASSOCIATE DIRECTOR 1.00 X 0 0 0 TAMMY FARMER ASSOCIATE DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 159000 159000 ANNUAL CONFERENCE/ REG 611710 317848 317848 INTERNAL AUDITOR CERTI 611710 125460 125460 443308 15713 15713 VENDOR SPONSORSHIPS 611710 65400 65400 65400 683421 524421 0 0 X 162716 35493 9600 50369 398607 1252 WEBSITE MANAGEMENT 29210 MISCELLANEOUS 20592 CREDIT CARD PROCESSING 19960 REGIONS EXPENSE 9823 3980 741602 357096 191568 367618 433331 11250 56500 735964 681399 1946 24800 28416 26746 28416 X 509218 452983 200000 200000 709218 652983 735964 681399 -58181 1946 0 X 0 0 0 1 1 0 0 X PART X, LINE 2: THE INCOME TAXES TOPIC OF THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) CLARIFIES ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES REPORTED IN THE FINANCIAL STATEMENTS. THE INTERPRETATION PROVIDES CRITERIA FOR ASSESSMENT OF INDIVIDUAL TAX POSITIONS AND A PROCESS FOR RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. TAX POSITIONS ARE EVALUATED ON WHETHER THEY MEET THE "MORE LIKELY THAN NOT" STANDARD FOR SUSTAINABILITY ON EXAMINATION BY TAX AUTHORITIES. ACUARP IS A NOT-FOR-PROFIT ORGANIZATION GENERALLY EXEMPT FROM INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(6), EXCEPT FOR INCOME CONSIDERED TO BE UNRELATED BUSINESS INCOME. ACUARP DID NOT HAVE ANY NET UNRELATED BUSINESS INCOME DURING THE YEARS ENDED DECEMBER 31, 2023 AND 2022. AS SUCH, THE ACUARP HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. ADDITIONALLY, NO INTEREST OR PENALTIES HAVE BEEN RECORDED IN THE ACCOMPANYING FINANCIAL STATEMENTS RELATED TO UNCERTAIN TAX POSITIONS. ACCORDINGLY, NO PROVISIONS FOR INCOME TAXES HAVE BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. ACUARP FILES AN INFORMATION TAX RETURN FOR FEDERAL REPORTING PURPOSES. CURRENTLY, THE 2019 - 2022 TAX RETURNS ARE SUBJECT TO EXAMINATION. ACUARP IS NOT CURRENTLY UNDER AUDIT BY ANY INCOME TAX JURISDICTIONS. FORM 990, PART VI, SECTION A, LINE 6 THE ASSOCIATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE BOARD OF DIRECTORS IS RESPONSIBLE FOR THE NOMINATION AND SELECTION OF INDIVIDUALS TO SERVE ON THE BOARD. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION PROVIDES DATA AND FINANCIAL INFORMATION TO THE CPA FIRM CONTRACTED TO PREPARE THE FORM 990. ONCE THE FORM HAS BEEN PREPARED, A DRAFT IS SENT TO THE EO FOR REVIEW. UPON APPROVAL FROM THE EO THE FORM IS FILED WITH THE IRS. FORMS ARE PRESENTED TO THE BOARD SUBSEQUENT TO FILING AT THE NEXT BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C VOLUNTEERS AND EXECUTIVE OFFICE PERSONNEL (STAFF) ARE BOUND BY THE CONFLICT OF INTEREST RULES SET FORTH IN THE ACUARP'S CODE OF ETHICAL BUSINESS CONDUCT. ADDITIONALLY, VOLUNTEERS AND STAFF SHALL ADHERE TO THE ETHICAL STANDARDS AS PUBLISHED BY THE INSTITUTE OF INTERNAL AUDITORS (IIA). FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE NOT MADE AVAILABLE TO THE PUBLIC. THE ASSOCIATIONS ANNUAL AUDITED FINANCIAL STATEMENTS ARE AVAILABLE ON THEIR WEBSITE(WWW.ACUARP.ORG) FOR PUBLIC VIEWING. MONHTLY INTERNAL FINANCIAL STATEMENTS ARE AVAILABLE ON THE SAME WEBSITE BUT ARE ONLY AVAILABLE TO THE BOARD. FORM 990, PART IX, LINE 11G PROFESSIONAL FEES AUDIT REPORT 35,493. FORM 990, PART IX, LINE 24E BOARD ELECTIONS EXPENSE 2,503. NASBA 875. AWARDS 602.