Nonprofit · EIN 56-0521526
NORTH CAROLINA ASSOCIATION OF CPAS
Tax-exempt · RALEIGH, NC 27607
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| April 30, 2025 | 990 | $9,697,054 | $6,616,014 | $3,081,040 | $13,426,088 | $3,021,167 | $10,404,921 |
| April 30, 2024 | 990 | $6,905,077 | $7,764,352 | -$859,275 | $7,987,194 | $1,094,934 | $6,892,260 |
| April 30, 2023 | 990 | $7,597,607 | $7,611,331 | -$13,724 | $9,229,355 | $1,895,077 | $7,334,278 |
Financial details: 990 for the year ended April 30, 2025
Revenue
- Contributions, gifts and grants
- $2,430,277
- Membership dues
- $2,430,277
- Program service revenue
- $4,066,632
- Investment income
- $2,656,851
- Net gain from sales of assets
- $2,329,513
- Other revenue
- $543,294
Expenses
- Grants and similar amounts paid
- $1,198
- Compensation of officers, directors and key employees
- $556,243
- Other salaries and wages
- $1,833,096
- Salaries, compensation and benefits (total)
- $2,924,420
- Professional fundraising fees
- $0
- Legal fees
- $50,653
- Accounting fees
- $43,223
- Occupancy
- $123,405
- Travel
- $110,055
- Depreciation
- $169,151
Balance sheet and other
- Total assets, start of year
- $7,987,194
- Total assets, end of year
- $13,426,088
- Total liabilities, end of year
- $3,021,167
- Net assets, end of year
- $10,404,921
- Land, buildings and equipment
- $726,386
- Publicly traded securities
- $6,505,999
- Net assets without donor restrictions
- $10,404,921
- Gross unrelated business income
- $21,327
- Gross receipts
- $10,213,863
- Employees
- 29
- Volunteers
- 15
- Year formed
- 1919
- State of legal domicile
- NC
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended April 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARK SOTICHECK | CHIEF EXECUTIVE OFFICER Officer | 59 | $274,337 | $55,996 |
| ROBERT BROOME | VP OF ADVOCACY & OUTREACH Highest-paid employee | 42 | $187,822 | $15,908 |
| LARA VANN | DIRECTOR OF FINANCE & ADMINISTRATION Officer | 47 | $152,790 | $27,538 |
| LORRIE GOLD | DIR. OF MARKETING & COMMUNICATIONS Highest-paid employee | 38 | $145,695 | $27,917 |
| AMELIA HODGES | EVENT CONTENT & EXPERIENCE MGR Highest-paid employee | 44 | $126,151 | $20,808 |
| TEKA MILLER-ALSTON | DIR. OF SOLUTIONS & PARTNERSHIPS Highest-paid employee | 42 | $120,736 | $20,627 |
| AMY BIBBY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ANNA KINAST | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ARLEEN THOMAS | IMMEDIATE PAST CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| COURTNEY KNOLL | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| GENEVIA GEE FULBRIGHT | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JAMELIA LIVINGSTON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JENNIFER LEARY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JONATHAN KRAFTCHICK | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| KELLY PURYEAR | CHAIR-ELECT Trustee or director, Officer | 1 | $0 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MICHAEL SCOTT | BOARD MEMBER Trustee or director | 1 | $0 |
| OSEI SENCHEREY | BOARD MEMBER Trustee or director | 1 | $0 |
| STACEE RASH | BOARD MEMBER Trustee or director | 1 | $0 |
| WENDY WALLER | BOARD MEMBER Trustee or director | 1 | $0 |
| YATES LACKEY | BOARD MEMBER Trustee or director | 1 | $0 |
| YVONNE HINSON | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended April 30, 2024: 22 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SHARON BRYSON | CHIEF EXECUTIVE OFFICER Officer | 59 | $400,406 | $114,516 |
| MARK SOTICHECK | CHIEF OPERATING OFFICER Officer | 59 | $252,197 | $64,609 |
| LARA VANN | DIRECTOR OF FINANCE & ADMI Officer | 47 | $156,559 | $29,978 |
| LORRIE GOLD | DIRECTOR OF COMMUNICATIONS Highest-paid employee | 38 | $139,901 | $30,005 |
| ROBERT BROOME | DIRECTOR OF ADVOCACY Highest-paid employee | 42 | $142,426 | $15,077 |
| AMELIA HODGES | DIR. OF CHANNEL DISTRIBUTI Highest-paid employee | 44 | $122,737 | $18,577 |
| TEKA MILLER-ALSTON | DIR. OF SOLUTIONS & PARTNERSHIPS Highest-paid employee | 42 | $117,289 | $18,406 |
| AMY BIBBY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ANNA KINAST | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ARLEEN THOMAS | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| COURTNEY KNOLL | CHAIR-ELECT Trustee or director, Officer | 1 | $0 | $0 |
| DR KEVIN JAMES | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JARED KORVER | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JEANETTE FRANZEL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOSE RODRIGUEZ | IMMEDIATE PAST CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| KELLY PURYEAR | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KIMBERLY BRANCH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KRISTIN PAPPAS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| OSEI SENCHEREY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| STACEE RASH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| WENDY WALLER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| YVONNE HINSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
990 for the year ended April 30, 2023: 21 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SHARON BRYSON | CHIEF EXECUTIVE OFFICER Officer | 59 | $392,602 | $116,366 |
| MARK SOTICHECK | CHIEF OPERATING OFFICER Officer | 53 | $242,990 | $55,229 |
| LORRIE GOLD | DIRECTOR OF COMMUNICATIONS Highest-paid employee | 38 | $138,529 | $29,163 |
| LARA VANN | DIRECTOR OF FINANCE & ADMIN. Officer | 43 | $135,792 | $31,827 |
| ROBERT BROOME | DIRECTOR OF ADVOCACY Highest-paid employee | 38 | $134,590 | $9,287 |
| AMELIA HODGES | DIR. OF CHANNEL DISTRIBUTION & EXPERIENCE Highest-paid employee | 38 | $113,815 | $17,726 |
| AMY BIBBY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ANNA KINAST | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| ARLEEN THOMAS | CHAIR-ELECT Trustee or director, Officer | 1 | $0 | $0 |
| BRYAN SWERBINSKY | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| COURTNEY KNOLL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| DR KEVIN JAMES | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JARED KORVER | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| JEANETTE FRANZEL | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| JOSE RODRIGUEZ | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| KELLY PURYEAR | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KIMBERLY BRANCH | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| KRISTIN PAPPAS | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| SHAWANA HUDSON | IMMEDIATE PAST CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| WENDY WALLER | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
| YVONNE HINSON | BOARD MEMBER Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2700 WYCLIFF RD STE 230, RALEIGH, NC 27607-3093
- Principal officer (990 for 2024)
- MARK SOTICHECK, 2700 WYCLIFF ROAD 230, RALEIGH, NC 27607
- Signed the 990
- MARK SOTICHECK, CEO
- Phone
- (919) 469-1040
- Website
- WWW.NCACPA.ORG
- Return prepared by
- COHNREZNICK ADVISORY LLC
Mission
TO FULFILL OUR MISSION (OF ENHANCING THE ACCOUNTING PROFESSION AND THE COMMUNITY IT SERVES THROUGH ADVOCACY, CONNECTIONS, EDUCATION, AND RESOURCES), OUR RESOURCE AND NETWORKING GROUPS, TASK FORCES, AND ADVISORY GROUPS REGULARLY INTERACT WITH THE NORTH CAROLINA STATE BOARD OF CPA EXAMINERS, NORTH CAROLINA GENERAL ASSEMBLY, AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS, FINANCIAL ACCOUNTING STANDARDS BOARD, INTERNAL REVENUE SERVICE, AND OTHER REGULATORS WHO SHAPE STATE AND NATIONAL ACCOUNTING STANDARDS.
Program accomplishments
- PROFESSIONAL EDUCATION - THE ASSOCIATION PROVIDES EDUCATIONAL PROGRAMS DESIGNED TO MAINTAIN AND IMPROVE THE SKILLS OF CPAS. PROFESSIONAL EDUCATION IS ALSO A REQUIREMENT FOR CPA CERTIFICATION RENEWAL.
- COMMUNICATION AND MEMBER SERVICES - THE ASSOCIATION DISSEMINATES INFORMATION TO ITS MEMBERS AS IT RELATES TO CHANGES IN THE ACCOUNTING PROFESSION AND ALSO SEEKS TO EDUCATE THE GENERAL PUBLIC ABOUT THE NATURE & DIVERSITY OF BUSINESS SERVICES THAT ARE PROVIDED BY MEMBERS. THE ASSOCIATION ALSO OFFERS VARIOUS BUSINESS BENEFITS TO ITS MEMBERS.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in April, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | April 30, 2026 | September 15, 2026 | Not on file |
| 2024 | April 30, 2025 | September 15, 2025 | 990 on file |
| 2023 | April 30, 2024 | September 16, 2024 | 990 on file |
IRS record
- EIN
- 56-0521526
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1942
- Accounting year ends
- April
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $13,426,088
- Income (IRS master file)
- $10,213,863
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | April 2025 | $9,697,054 | $6,616,014 | $13,426,088 | XML |
| 990 | April 2024 | $6,905,077 | $7,764,352 | $7,987,194 | XML |
| 990 | April 2023 | $7,597,607 | $7,611,331 | $9,229,355 | XML |
| 990 | April 2022 | $7,194,699 | $7,528,082 | $10,162,234 | IRS |
| 990 | April 2021 | – | – | – | IRS |
| 990 | April 2020 | – | – | – | IRS |
| 990 | April 2019 | – | – | – | IRS |
| 990 | April 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 56-0521526).
Questions about NORTH CAROLINA ASSOCIATION OF CPAS
- What is the EIN of NORTH CAROLINA ASSOCIATION OF CPAS?
- The employer identification number (EIN) of NORTH CAROLINA ASSOCIATION OF CPAS is 56-0521526.
- Is NORTH CAROLINA ASSOCIATION OF CPAS tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1942.
- Are donations to NORTH CAROLINA ASSOCIATION OF CPAS tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does NORTH CAROLINA ASSOCIATION OF CPAS file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of NORTH CAROLINA ASSOCIATION OF CPAS due?
- The return for tax year 2025 (the year ending April 30, 2026) is due September 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NORTH CAROLINA ASSOCIATION OF CPAS last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended April 2025.
- Who is the principal officer of NORTH CAROLINA ASSOCIATION OF CPAS?
- The 990 for the year ended April 30, 2025 names MARK SOTICHECK.
- Who are the officers and directors of NORTH CAROLINA ASSOCIATION OF CPAS?
- The 990 for the year ended April 30, 2025 lists 21 people; 6 received compensation from the organization, the highest $274,337 (MARK SOTICHECK, CHIEF EXECUTIVE OFFICER).
- How much revenue does NORTH CAROLINA ASSOCIATION OF CPAS have?
- On its 990 for the year ended April 30, 2025 it reported revenue of $9,697,054, expenses of $6,616,014 and total assets of $13,426,088 at year end.
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