2026-03-11T11:42:37-07:00 2025-04-30 990 2024-05-01 941056137 CALIFORNIA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS CALI 6505223021 500 Capitol Mall Suite 1760 Sacramento CA 95814 Natalie Quan CFO 6505223021 2026-03-11 1 2024 2025-03-06 01:10:19Z NATALIE QUAN 500 CAPITOL MALL SUITE 1760 SACRAMENTO CA 95814 15390828 0 X www.calcpa.org X 1909 CA SUPPORT ITS MEMBERS AND PROMOTE THE INTEGRITY OF THE CPA PROFESSION 99 99 56 899 634981 146350 1119935 478524 11078570 10406924 503029 956747 658773 694325 13360307 12536520 254616 227746 0 0 6754481 6602484 0 0 0 5926995 5560131 12936092 12390361 424215 146159 28658281 32045786 7235436 9670949 21422845 22374837 TO INCREASE THE VALUE AND PROMOTE THE INTEGRITY OF THE CPA PROFESSION, CONTRIBUTE TO THE SUCCESS OF OUR MEMBERS, AND STRENGTHEN CLIENT, EMPLOYER, PUBLIC AND GOVERNMENT TRUST IN CALCPA MEMBER ADVICE, WORK, PRODUCTS, AND OPINIONS. 0 0 MEMBERSHIP SERVICES AND CHAPTER PROGRAMS - CALCPA REPRESENTS AND PROVIDES SERVICES TO CPAs AND FINANCE PROFESSIONALS IN CALIFORNIA. STATEWIDE COMMITTEES AND LEADERSHIP GROUPS COLLABORATE ON PROJECTS THAT INCREASE MEMBERS' TECHNICAL KNOWLEDGE, ENHANCE THE PROFESSION'S IMAGE, INFLUENCE REGULATION AND LEGISLATION, ATTRACT THE BEST AND THE BRIGHTEST TO THE PROFESSION AND STUDY THE CPA'S ROLE IN LOCAL, NATIONAL, AND GLOBAL ECONOMIES. CALCPA HAS ABOUT 38,000 MEMBERS WITH 14 CHAPTERS THROUGHOUT THE STATE, EACH OF WHICH ENGAGES WITH LOCAL ACCOUNTING FIRMS, EDUCATIONAL INSTITUTIONS, AND OTHER FINANCIAL MEMBER GROUPS. CHAPTERS HOST LOCAL AND CHAPTER-WIDE MEMBER GROUPS THAT MEET REGULARLY TO EXCHANGE PROFESSIONAL KNOWLEDGE AND CONNECT WITH THEIR PEERS. THE CHAPTERS HELD OVER 200 MEETINGS AND EVENTS FOR THIS FISCAL YEAR AND OVER 30 FUNDRAISING EVENTS. NET PROCEEDS FROM THESE FUNDRAISING EVENTS WERE TRANSFERRED TO THE CALCPA INSTITUTE TO BENEFIT THE CHAPTERS' SCHOLARSHIP FUNDS. COMMUNICATIONS - CALCPA COMMUNICATIONS INCLUDE ELECTRONIC PUBLICATIONS DESIGNED TO KEEP MEMBERS INFORMED. CALCPA PRODUCED 9 ISSUES OF ITS CALIFORNIA CPA MAGAZINE (DIGITAL). CALCPA ALSO PRODUCED MORE THAN 1,300 DIFFERENT EMAILS THAT INCLUDE EDUCATIONAL OFFERINGS AND DAILY CLIPS THAT PROVIDE LINKS TO NEWS RELATED TO CALIFORNIA, BUSINESS, THE CPA PROFESSION, PERSONAL FINANCE, TECHNOLOGY, AND TAX. CALCPA'S WEBSITE IS A MEMBER-FOCUSED CLEARINGHOUSE FILLED WITH NEWS, INFORMATION, RESOURCES AND EVENT LISTINGS FOR CALIFORNIA CPAS. OUR MEDIA AND PUBLIC RELATIONS EFFORTS PROMOTE THE INTEGRITY OF THE CPA PROFESSION AND POSITION OUR MEMBERS AS EXPERTS IN VARIOUS PROFESSIONAL SUBJECT AREAS. AS OF THE END OF THIS FISCAL YEAR, LINKEDIN FOLLOWERS WAS OVER 13,650, FACEBOOK FOLLOWERS ARE MORE THAN 6,600, X (FORMERLY TWITTER) FOLLOWERS ARE MORE THAN 11,700 AND CALCPA HAS MORE THAN 3,000 FOLLOWERS ON INSTAGRAM. GOVERNMENT RELATIONS - CALCPA'S GOVERNMENT RELATIONS PROGRAM WORKS WITH POLICYMAKERS, AGENCIES AND STAKEHOLDERS TO SHAPE POLICIES THAT SERVE THE PUBLIC INTEREST AND SUPPORT CPAS IN MEETING CLIENT AND EMPLOYER NEEDS. THIS INCLUDES: MONITORING, RESPONDING TO, AND ADVANCING LEGISLATION AND REGULATIONS AFFECTING THE PROFESSION; BUILDING AND MAINTAINING KEY RELATIONSHIPS WITH POLICYMAKERS AND ADVOCACY GROUPS; KEEPING MEMBERS INFORMED ON POLICY DEVELOPMENTS; AND CREATING OPPORTUNITIES FOR ENGAGEMENT. 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 1 122 0 56 1 1 1 0 0 0 1 1 0 0 0 X 99 99 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 0 0 CA X Natalie Quan 6505223021 500 Capitol Mall Suite 1760 Sacramento CA 95814 Denise DeLuc Froemming President & Chief Executive Officer 20 20 X 280593 280593 15102 Natalie Quan Vice President & Chief Financial Officer 20 20 X 139856 139856 15662 Jennifer Weed Vice President Learning, Competency and Knowledge 12 28 X 82531 192571 15723 Emil Redzic Vice President of Information Technology 20 20 X 125464 125464 23227 Jason Fox Vice President of Government Relations 40 0 X 241710 0 22206 Jill Pitchenik Vice President, Strategic Business Operations and DE&I 26 14 X 156676 84364 13437 Todd Boyd Senior Salesforce Developer 20 20 X 103012 103012 10419 Cheryl Callahan Senior Director, Marketing and Communication 20 20 X 93511 93511 13879 Denise Bethel Senior Director, Business Development and Partnerships 20 20 X 91807 91807 6494 Matthew Martin Chair 1 1.10 X X 0 0 0 Jillian Phan First Vice Chair 1 0.1 X X 0 0 0 Miklos Ringbauer Secretary/Treasurer 1 0.1 X X 0 0 0 Meredith Johnson Immediate Past Chair 1 0.1 X X 0 0 0 Grace Clark Vice Chair 1 0.1 X X 0 0 0 Jonathan Bryson - eff 7-2024 Vice Chair 1 0.1 X X 0 0 0 Mike Ray - eff 7-2024 Vice Chair 1 0.1 X X 0 0 0 Dalton Sweaney Vice Chair 1 0.1 X X 0 0 0 Ruben Davila Foundation Chair 1 1.10 X 0 0 0 Adam Blaylock Appointed Member 1 0.1 X 0 0 0 Amber Setter - eff 7-2024 Appointed Member 1 0.1 X 0 0 0 Marjorie McPike Council Representative to the Board 1 0.1 X 0 0 0 Charlie Osaki Council Representative to the Board 1 0.1 X 0 0 0 Tayiika Dennis - through 7-2024 Immediate Past Chair 1 0.1 X 0 0 0 Erin Roche - through 7-2024 Council Representative to the Board 1 0.1 X 0 0 0 David Neighbors - through 7-2024 Vice Chair 1 0.1 X 0 0 0 Mei-Li Huang - through 7-2024 Appointed Member 1 0.1 X 0 0 0 Glenn Freed - eff 7-2024 Council Representative to the Board 1 0.1 X 0 0 0 Julia Walther - eff 7-2024 Council Representative to the Board 1 0.1 X 0 0 0 1315160 1111178 136149 26 0 1 0 CATALYST FIRE 6S376 NEW CASTLE RD NAPERVILLE IL 60540 WEBSITE SERVICES 495995 SALESFORCE COM INC 415 MISSION STREET 3RD FLOOR SAN FRANCISCO CA 94105 CUSTOMER MGT SVCS 334378 SUPPORTING STRATEGIES 100 CUMMINGS CENTER SUITE 207-P OFFICE232 BEVERLY MA 01915 ACCOUNTING SERVICES 210200 ARMANINO ADVISORY LLC 2700 CAMINO RAMON 350 SAN RAMON CA 94583 AUDIT AND TAX SERVICES 140009 4 0 0 281124 0 0 197400 0 478524 MEMBERSHIP DUES 900099 8317366 8317366 0 0 PEER REVIEW FEES 900099 1454577 1454577 0 0 PUBLICATIONS 541800 351632 0 351632 0 NON-QUALIFIED SPONSORSHIP 900099 283349 0 283349 0 0 0 0 0 10406924 884197 0 0 884197 0 0 0 0 869 0 0 869 0 0 0 0 0 0 0 0 0 0 2654949 0 2582399 0 72550 0 72550 0 0 72550 157744 281124 268956 -111212 0 -111212 8635 2953 5682 0 0 5682 0 0 0 0 0 0 AFFILIATION FEES 900099 580754 0 0 580754 AFFINITY PROGRAM 900099 184695 0 0 184695 OTHER REVENUE 900099 11850 11850 0 0 21687 21687 0 0 798986 12536520 9805480 634981 1617535 227746 0 0 0 690481 0 4567243 271981 701620 371159 0 45687 54183 88018 45240 873355 187617 584041 617255 272696 334032 1347265 0 0 653637 72613 PRINTING/PUBLICATIONS 67117 FREE COURSES FOR MEMBERS 317375 0 12390361 0 0 0 0 0 6228477 2662195 394130 394130 406982 594484 0 0 0 0 0 0 0 0 626766 396672 4028275 2101453 1487423 1926822 16645847 18744101 0 0 0 0 41719 2396329 2826937 4931053 28658281 32045786 1885976 2052441 0 0 4700149 4404163 0 0 0 0 0 0 0 0 0 0 649311 3214345 7235436 9670949 X 21422845 22374837 0 0 21422845 22374837 28658281 32045786 146159 805833 0 0 0 0 X 0 1 X 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 8317366 286896 0 286896 332695 0 -45799 0 0 0 0 0 0 0 0 340692 7985 332707 0 267209 9543 257666 0 3420374 2083925 1336449 1926822 Trust Assets - Deferred Compensation 651557 Due from Affiliates 4279496 4931053 0 DEFERRED COMPENSATION 651556 OPERATING LEASE 2562789 3214345 X Schedule D, Part X, Line 2 THE SOCIETY IS EXEMPT FROM INCOME TAXES UNDER IRC SECTION 501(C)(6) AND RELATED CALIFORNIA CODE SECTIONS. HOWEVER, THE ORGANIZATION IS SUBJECT TO INCOME TAXES FROM ACTIVITIES UNRELATED TO ITS TAX-EXEMPT PURPOSES. MANAGEMENT OF THE SOCIETY HAS EVALUATED ITS TAX POSITIONS AND RELATED INCOME TAX CONTINGENCIES. MANAGEMENT DOES NOT BELIEVE THAT ANY MATERIAL UNCERTAIN TAX POSITIONS EXIST. FRESNO GOLF TOURNAMENT 50775 38880 11895 0 0 0 24601 0 5929 BAKERSFIELD ABC MIXER 43420 42000 1420 0 510 0 12617 0 3084 26 344673 200244 144429 0 1670 82936 122899 1678 13032 438868 281124 157744 0 2180 82936 160117 1678 22045 268956 -111212 1 CalCPA Institute 500 Capitol Mall Suite 1760 Sacramento CA 95814 200978565 501c3 227746 0 THE PURPOSE OF GRANT OR ASSISTANCE: SUPPORT FOR CALCPA INSTITUTE INCLUDES TRANSFERS OF NET PROCEEDS FROM FUNDRAISING EVENTS HELD BY CALCPA CHAPTERS TO BENEFIT THE SCHOLARSHIP FUNDS, AS WELL AS MONETARY CONTRIBUTION TO SUPPORT THE ADMINISTRATION OF CALCPA INSTITUTE. 1 0 Schedule I, Part I, Line 2 VARIOUS CHAPTERS HAVE DIFFERENT ELIGIBILITY CRITERIA. HOWEVER, MOST SCHOLARSHIP APPLICATION REQUIREMENTS ARE THE SAME. APPLICANTS MUST BE ENROLLED IN AN ACCOUNTING PROGRAM OR BUSINESS PROGRAM WITH EMPHASIS IN ACCOUNTING, DISCLOSE THEIR CUMULATIVE GPA, SUBMIT TRANSCRIPTS AND SUBMIT AT LEAST ONE LETTER OF RECOMMENDATION FROM A PROFESSOR OR INSTRUCTOR. THE SCHOLARSHIP FUNDS ARE ADMINISTERED AND DISTRIBUTED BY THE CALCPA INSTITUTE IN WHICH THE SOCIETY PASSES THE FUNDS FROM CHAPTERS. THE SOCIETY DOES NOT DIRECTLY OVERSEE THE DISTRIBUTION TO INDIVIDUALS. Schedule I, Part II, Line 1 THE PURPOSES OF GRANT OR ASSISTANCE SUPPORT FOR CALCPA INSTITUTE INCLUDES TRANSFERS OF NET PROCEEDS FROM FUNDRAISING EVENTS HELD BY CALCPA CHAPTERS TO BENEFIT THE SHOLARSHIP FUNDS, AS WELL AS MONETARY CONTRIBUTION TO SUPPORT THE ADMINISTRATION OF CALCPA INSTITUTE. X X X X X 0 0 0 Denise DeLuc Froemming President & Chief Executive Officer 243093 243093 37500 37500 0 0 7432 7432 119 119 288144 288144 0 0 Natalie Quan Vice President & Chief Financial Officer 134856 134856 5000 5000 0 0 7712 7712 119 119 147687 147687 0 0 Emil Redzic Vice President of Information Technology 120464 120464 5000 5000 0 0 7042 7042 4572 4572 137078 137078 0 0 Jennifer Weed Vice President Learning, Competency and Knowledge 78031 182071 4500 10500 0 0 4645 10839 72 167 87248 203577 0 0 Jason Fox Vice President of Government Relations 231710 0 10000 0 0 0 11766 0 10440 0 263916 0 0 0 Jill Pitchenik Vice President, Strategic Business Operations and DE&I 151801 81739 4875 2625 0 0 8579 4620 155 83 165410 89067 0 0 Todd Boyd Senior Salesforce Developer 101762 101762 1250 1250 0 0 5114 5114 95 95 108221 108221 0 0 Cheryl Callahan Senior Director, Marketing and Communication 92261 92261 1250 1250 0 0 5439 5439 1500 1500 100450 100450 0 0 Denise Bethel Senior Director, Business Development and Partnerships 88057 88057 3750 3750 0 0 1747 1747 1500 1500 95054 95054 0 0 Form 990, Part VI, Section A, Line 6 THE CALIFORNIA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS ("CALCPA") HAD OVER 38,000 MEMBERS AS OF APRIL 2025. MEMBERSHIP IN CALCPA CONSISTS OF FOUR CLASSES, NAMELY CPA MEMBERS, STUDENT & CANDIDATE MEMBERS, ASSOCIATE MEMBERS AND HONORARY MEMBERS. Form 990, Part VI, Section A, Line 7a THE CALCPA COUNCIL ("COUNCIL") IS THE GOVERNING BODY OF CALCPA. THE COUNCIL IS COMPRISED OF: (A) CHAPTER REPRESENTATIVES TO COUNCIL CONSISTING OF TWO MEMBERS PER CHAPTER PLUS ONE MEMBER FOR EVERY 1,000 ADDITIONAL MEMBERS BASED ON THE MEMBERSHIP COUNT ON MAY 1 OF THE PRECEDING YEAR, ELECTED BY MEMBERS OF THE 14 CHAPTERS; (B) COUNCIL-AT-LARGE MEMBERS, OFFICERS AND VICE CHAIRS ARE ELECTED BY THE MEMBERSHIP AS A WHOLE; (3) AND STATE COMMITTEE CHAIRS, SECTION CHAIRS, THE PRESIDENT OF THE BOARD OF TRUSTEES OF CALCPA EDUCATION FOUNDATION, THE IMMEDIATE PAST CHAIR, AND TH EPRIOR TEN CHAIRES ARE VOTING COUNCIL MEMBERS BY VIRTUE OF THEIR POSITIONS; (D) ALL VOTING MEMBERS OF THE CALCPA BOARD OF DIRECTORS. FOR 24-2025, THERE WERE 15 VOTING MEMBERS. THE COUNCIL'S RESPONSIBILITIES FOCUS ON STRATEGIC PLANNING, POLICY MAKING, AND THE ADOPTION OF A BUDGET ON BEHALF OF MEMBERSHIP. Form 990, Part VI, Section A, Line 7b THE CALCPA COUNCIL ("COUNCIL") IS THE GOVERNING BODY OF CALCPA. THE CALCPA BOARD OF DIRECTORS ("BOARD") IS THE EXECUTIVE COMMITTEE OF COUNCIL AND IS COMPRISED OF 15 MEMBERS ELECTED BY COUNCIL. THE BOARD REPRESENTS THE COUNCIL IN CARRYING OUT TH ESTRATEGIES AND POLICIES SET BY THE COUNCIL AND MEMBERSHIP. THE COUNCIL DELEGRATED THE OPERATING AUTHORITY TO THE BOARD. Form 990, Part VI, Section B, Line 11b FORM 990 IS PREPARED BY CALCPA STAFF. IT IS REVIEWED IN DETAIL BY THE CONTROLLER AND A SECONDARY, HIGH-LEVEL REVIEW IS CONDUCTED BY THE CFO AND OUTSIDE ACCOUNTANTS. THE REVIEWED DRAFT IS CIRCULATED TO MEMBERS OF THE AUDIT COMMITTEE REQUESTING THE REVIEW, COMMENTS AND QUESTIONS. ALL THE QUESTIONS AND CONCERNS ARE ADDRESSED AND RESULTING NOTIFICATIONS ARE MADE AS APPROPRIATE. ONCE THE REVIEW PROCESS IS COMPLETED, THE FORM 990 IS PROVIDED TO ALL COUNCIL AND BOARD MEMBERS AND IS FILED WITH THE IRS ON OR BEFORE THE DUE DATE. Form 990, Part VI, Section B, Line 12c CALCPA ANNUALLY REQUIRES THAT ALL MEMBERS OF THE COUNCIL AND BOARD OF DIRECTORS READ THE CONFLICT-OF-INTEREST POLICY AND SUBMIT A CONFLICT-OF-INTEREST DISCLOSURE STATMENT. THE DISCLOSURE STATEMENTS ARE REVIEWED UPON RECEIPT. IF CONFLICTS ARE IDENTIFIED, CALCPA'S CEO REVIEWS THE STATEMENT AND WILL REFER TO LEGAL COUNSEL, IF NECESSARY. IN ITS ANNUAL TRAINING OF INCOMING BOARD MEMBERS CALCPA DISCUSSES WITH ITS LEADERS THAT THE ORGANIZATION IS GOVERNED BY CALIFORNIA CORPORATION CODE AND THAT THEY HAVE A FIDUCIARY DUTY AS DIRECTORS OF CALCPA. Form 990, Part VI, Section B, Line 15 THE SOCIETY BOARD OF DIRECTORS ID DELEGRATED RESPONSIBILITY TO REVIEW THE CEO'S GOALS, PERFORMANCE, AND COMPENSATION TO THE CEO GOALS AND OBJECTIVE COMMITTEE ("COMMITTEE"). THE COMMITTEE IS COMPRISED OF THE PRESIDENT, PAST PRESIDENT, FIRST VICE PRESIDENT, AND SECRETARY/TREASURER. ALL MEMBERS OF THE COMMITTEE DO NOT HAVE A CONFLICT-OF-INTEREST WITH RESPECT TO THE DETERMINATION OF THE CEO'S COMPENSATION. THE COMMITTEE MEETS AND SETS OUT GOALS FOR THE CEO TO ACCOMPLISH THROUGHOUT THE YEAR. AFTER THE END OF THE FISCAL YEAR, THE COMMITTEE PERFORMS THEIR DUE DILIGENCE REVIEW OF THE CEO'S GOALS AND PERFORMANCE AS WELL AS THE COMPARABLE DATA AND MAKES THE FINAL RECOMMENDATION TO THE BOARD OF DIRECTORS, WHICH HAS FINAL APPROVAL. COMPARABLE DATA INCLUDES FORM 990 OF OTHER STATE CPA SOCIETIES SIMILAR TO SIZE AND A COMPENSATION SURVEY CONDUCTED BY THE AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES (ASAE). THE CEO DETERMINES THE SALARY OF THE CFO BASED ON ANNUAL PERFORMANCE REVIEW MEASURES AGAINST GOALS PRESET BY THE CEO. Form 990, Part VI, Section C, Line 19 THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE AND UPON REQUEST. THE CONFLICT-OF-INTEREST POLICY IS AVAILABLE UPON REQUEST. California Certified Public Accountants Education Foundation 500 Capitol Mall Suite 1760 Sacramento CA 95814 946130841 Provides continuing professional education to CPA Community CA 501(c)(3) Line 10 California Society of CPAs 1 CalCPA Institute 500 Capitol Mall Suite 1760 Sacramento CA 95814 200978565 Provides scholarships to accounting students and promote financial literacy CA 501(c)(3) Line 12A California Society of CPAs 1 0 1 0 1 0 0 0 0 0 1 0 0 0 1 1 0 1 1 1 CalCPA Institute b 227746 COST OF TRANSACTIONS CalCPA Institute d 2044451 YEAR END BALANCE California Certified Public Accountants Education Foundation r 7879398 COST OF TRANSACTIONS California Certified Public Accountants Education Foundation o 1946593 COST OF TRANSACTIONS California Certified Public Accountants Education Foundation d 2225701 YEAR END BALANCE CalCPA Institute o 362926 COST OF TRANSACTIONS California Certified Public Accountants Education Foundation s 7294809 COST OF TRANSACTIONS