2025-03-19T16:24:19-05:00 2024-06-30 GLOBAL TAX MANAGEMENT INC 656 E Swedesford Road Suite 200 WAYNE PA 19087 990 2023-07-01 232198324 Financial Managers Society Philadelphia Chapter % CHRISTINE A FUNKHOUSER FINA 4843954048 656 E Swedesford Road Suite 200 Wayne PA 19087 Virginia Wright President 4843955907 2025-03-05 true true FRANCISCO NIEVES JR P01085214 4843954000 2023 2025-03-06 01:10:19Z Virginia Wright 656 E Swedesford Road200 Wayne PA 19087 146266 false X https://www.fms-philly.org X To enhance the professional development of financial personnel within financial institutions (see Part III herein for further details). 14 14 0 20 0 54543 105604 18850 19160 552 4237 -8690 -19746 65255 109255 14758 11000 3315 2990 0 0 0 0 0 69794 47598 87867 61588 -22612 47667 307665 274864 108728 28259 198937 246605 X THE CORPORATION IS INCORPORATED UNDER THE NONPROFIT CORPORATION LAW OF THE COMMONWEALTH OF PENNSYLVANIA FOR THE FOLLOWING PURPOSE OR PURPOSES: A) TO STUDY OPERATIONS, FINANCIAL MANAGEMENT, SYSTEMS, PROCEDURES, ACCOUNTING, AUDITING, AND DATA PROCESSING TECHNIQUES USED BY FINANCIAL INSTITUTIONS, AND TO DEVISE WAYS AND MEANS OF IMPROVING THE SAME. B) TO PROMOTE HIGH STANDARDS OF PRACTICE IN OPERATIONS, SYSTEMS, PROCEDURES, FINANCIAL MANAGEMENT, ACCOUNTING, AUDITING, AND DATA PROCESSING. C) TO FURTHER THE PROFESSIONAL DEVELOPMENT OF OPERATIONS AND FINANCIAL EXECUTIVES, CONTROLLERS, TREASURERS, ACCOUNTANTS, AUDITORS, AND SYSTEMS PERSONNEL EMPLOYED BY FINANCIAL INSTITUTIONS AND SUPPORTIVE ORGANIZATIONS. D) TO UTILIZE THE PROFESSIONAL ABILITIES AND SPECIALIZED SKILLS WITHIN THE MEMBERSHIP, AND TO IMPROVE AND COORDINATE THE LAWS, REGULATIONS, AND SUPERVISORY PROCEDURES AFFECTING THE OPERATIONS MEMBERS' ORGANIZATIONS. E) TO PROVIDE A FORUM FOR THE EXCHANGE OF INFORMATION AND THE SHARING OF EXPE false false 40505 Program: August Golf Outing Date: 8/7/2023 No. of Attendees: 65 Expenses: $40,505 Description: Annual golf outing for FMS members and sponsors. We had a breakfast, lunch, golf outing and dinner. The educational event, sponsored by FHLB Pittsburgh , covered regional economic and banking topics. 77324 Program: East Coast Regional Date: 9/24/23-9/26/2023 No. of Attendees: 105 Expenses: $77,324 Description: Attendees will learn from industry experts through an extensive program of contemporary education sessions for community bankers while collaborating with their peers. Title sponsors include: Paladin fs, Atlantic Community Bankers Bank,Chatham Financial, DCG, FHLB, FHN Financial, The Kafafian Group, Performance Trust, RKL,RSM, S.R. Snodgrass,Velligan Blaxall, Wolf & Co, Bank Compensation Consulting, BNN, Piper Sandler, Stevens & Lee, PCBB, Empyrean, Mercadien, Penn Community Bank, Syntellis 10982 Program: December - 2023 FMS Holiday Party Date: December 7, 2023 No. of Attendees: 45 Expenses: $10,982 Description: Snodgrass and Janney sponsored the annual holiday party and hosted a toy drive for the Toys for Tots. 128811 false false false true false false false false false false false false false false false false false false false false false false false true false false false true false false false false false false false false false false false false false false false false false true 0 0 true 0 false false false false false false false false false false false false X 14 14 false false false false false false false true true false false true false false false false X X CHRISTINE A FUNKHOUSER 4843954029 656 SWEDESFORD ROAD Wayne PA 19087 John Carrozza Director 0.0 2.0 X 0 0 0 Chris Carroll Director 0.0 2.0 X 0 0 0 Shannon Croll Director 0.0 2.0 X 0 0 0 Larry Davis Director 0.0 2.0 X 0 0 0 Rob Galbreath Director 0.0 2.0 X 0 0 0 Dorothy Jaworski Director 0.0 2.0 X 0 0 0 Denise Lindsay Director 0.0 2.0 X 0 0 0 Patrick Mulloy Director 0.0 2.0 X 0 0 0 Jonathan Sundberg Director 0.0 2.0 X 0 0 0 Bill McGettigan Director 0.0 2.0 X 0 0 0 Lisa Thouin President 0.0 10.0 X 0 0 0 Virginia Wright Vice-President 0.0 10.0 X 0 0 0 Falesha Grasty Treasurer 0.0 10.0 X 0 0 0 Rosemary Ondeck Secretary 0.0 10.0 X 0 0 0 0 0 0 0 false false false 0 4865 16623 84116 105604 TOTAL MEETING REVENUES 511430 19160 19160 19160 4237 4237 0 0 0 0 0 0 17265 16623 37011 -19746 0 0 0 0 0 0 0 109255 23397 1000 1000 10000 10000 0 2990 2990 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 11642 11642 0 30999 30999 0 0 0 3332 3332 OTHER EXPENSES 1625 1625 61588 61588 64075 71216 180137 184338 0 0 49036 15810 0 0 0 0 0 0 0 0 14417 3500 0 0 0 0 0 0 0 0 0 0 0 0 307665 274864 5672 8817 0 0 103056 19442 0 0 0 0 0 0 0 0 0 0 0 0 108728 28259 X 0 0 0 0 0 0 198937 246605 307665 274864 47667 X false false false true true false Golf Outing 33888 16623 17265 37011 0 33888 16623 17265 37011 37011 -19746 true Scholarships 4 10000 Scholarships Scholarship recipients receive a check from Financial Managers Society (FMS) that is payable to the college that they are attending. The check is then reviewed upon clearing FMS's bank account to ensure the check was cashed by the intended college and applied to tuition directly. Form 990, Part VI, Line 11b Form 990, Part VI, Line 11b - The Form 990 is compiled by the organization's Designated Tax Officer based on the financial statements and schedules provided by the organization's Treasurer. The Designated Tax Officer is a CPA and Tax Director at a professional tax services firm in the Greater Philadelphia area. Any potential errors or inconsistencies are discussed and resolved prior to filing of the final form by the organization with the IRS. Form 990, Part VI, Line 19 Form 990, Part VI, Line 19 - The organization does not typically provide its governing documents, policies or financial statement to the general public. These items are available to members upon request. 2023-2034 Events Program: August Golf Outing Date: 8/7/2023 No. of Attendees: 65 Expenses: $40,505 Description: Annual golf outing for FMS members and sponsors. We had a breakfast, lunch, golf outing and dinner. The educational event, sponsored by FHLB Pittsburgh, covered regional economic and banking topics. Program: East Coast Regional Date: 9/24/23-9/26/2023 No. of Attendees: 105 Expenses: $77,324 Description: Attendees will learn from industry experts through an extensive program of contemporary education sessions for community bankers while collaborating with their peers. Title sponsors include: Paladin fs, Atlantic Community Bankers Bank,Chatham Financial, DCG, FHLB, FHN Financial, The Kafafian Group, Performance Trust, RKL, RSM, S.R. Snodgrass,Velligan Blaxall, Wolf & Co, Bank Compensation Consulting, BNN, Piper Sandler, Stevens & Lee, PCBB, Empyrean, Mercadien, Penn Community Bank, Syntellis Program: Ethics Update Date: 11/10/2023 No. of Attendees: 27 Expenses: $3,445 Description: FMS Philadelphia offered a four-hour CPE event for its members. This program was offered for accounting professionals to stay up to date on evolving accounting ethical standards and practices. No sponsors for this event. Program: December - 2023 FMS Holiday Party Date: December 7, 2023 No. of Attendees: 45 Expenses: $10,982 Description: Snodgrass and Janney sponsored the annual holiday party and hosted a toy drive for the Toys for Tots. Program: Understanding What is Going On in the Global Economy and Financial Markets Date: January 10, 2024 No. of Attendees: 21 Expenses: $4,263 Description: Understanding what is going on in the global economy and financial markets and how it affects your financial institution is an ongoing challenge. Program: April All Day Seminar Date: April 19, 2024 No. of Attendees: 36 Expenses: $6,658 Description: This seminar was designed for CFOs, Controllers, accounting managers, investment officers, treasurers, internal auditors, and similar positions from community banks, thrifts, and credit unions. All topics were presented by industry experts. They included: How and Why Banks Hedge, Wholesale Funding Update and Strategies, Monitoring Third Party and Cyber Risk, CECL Update, Security and Compliance Risks and Utilizing AI, and a Tax Update. Multiple sponsors: S.R. Snodgrass, RSM, Chatham Financial, CLA LLP, Wolf & Co, Janney Program: Officer Installation Dinner Meeting Date: May 10, 2024 No. of Attendees: 31 Expenses: $5,553 Description: Annual installation event of the chapter officers. The event was sponsored by The Meridian Bank, Atlantic Community Bankers Bank, Mercadien and RSM US LLP.