2022-04-07T06:18:42-05:00 2021-12-31 611436956 NOVAK FRANCELLA LLC ONE PRESIDENTIAL BLVD SUITE 330 BALA CYNWYD PA 19004 990 2021-01-01 521396078 INSTITUTE FOR PROFESSIONALS IN TAXATION INST 4042402300 1100 ABERNATHY ROAD NE 750 ATLANTA GA 30328 CHRIS G MUNTIFERING EXECUTIVE DIRECTOR 4042402300 2022-04-07 1 CHRIS MUNTIFERING XXX-XX-XXXX LOUIS VERZELLA CPA P00360279 6106689400 2022-04-07 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z CHRIS G MUNTIFERING 1100 ABERNATHY ROAD NE 750 ATLANTA GA 30328 6292993 0 X WWW.IPT.ORG X 1976 DC THE INSTITUTE IS DEDICATED TO FOSTERING AND PROMOTING UNIFORM AND EQUITABLE ADMINISTRATION OF STATE AND LOCAL TAXATION. 13 13 18 0 0 0 352198 459810 2421691 2857891 290919 761206 16136 31325 3080944 4110232 0 0 0 0 1303681 1381030 0 0 0 711239 1445306 2014920 2826336 1066024 1283896 8668980 9928877 498719 474720 8170261 9454157 X THE INSTITUTE FOR PROFESSIONALS IN TAXATION IS DEDICATED TO FOSTERING THE PROFESSIONALIZATION OF ITS MEMBERS, TO PROMOTING THE UNIFORM AND EQUITABLE ADMINISTRATION OF AD VALOREM TAXATION AND OTHER FORMS OF STATE AND LOCAL TAXATION AND TO MINIMIZING THE COSTS OF ADMINISTRATION AND COMPLIANCE. 0 0 141590 184380 ANNUAL CONFERENCE- TWO AND ONE-HALF DAY PROGRAM FOR ALL MEMBERS WHICH OFFERS A FORUM FOR DISCUSSION ON CURRENT ISSUES AND EDUCATIONAL SESSIONS FOR MEMBERS. PROMOTES THE EXCHANGE OF INFORMATION AMONG MEMBERS. 320345 528713 SALES TAX EDUCATIONAL PROGRAMS- TWO SALES AND USE TAX SCHOOLS, SALES AND USE TAX SYMPOSIUM. 273041 427763 PROPERTY TAX EDUCATIONAL PROGRAMS - BASIC, REAL AND PERSONAL PROPERTY TAX SCHOOLS, AND PROPERTY TAX SYMPOSIUM. 1301127 1748360 VARIOUS PROGRAMS AND SEMINARS EDUCATIONAL COURSES CO-SPONSORED WITH OTHER ORGANIZATIONS. SEMINARS & WORKSHOPS IN CONJUNCTION WITH STATE DEPARTMENTS OF REVENUE MEMBERSHIP SUPPORT- PUBLICATION OF TEXTBOOKS,AND ANNUAL DIRECTORY,INFORMATIONAL SERVICES, EVENT COORDINATION, PROFESSIONAL DESIGNATIONS INCOME TAX PROGRAMS - INCOME TAX SYMPOSIUM, BASIC INCOME TAX SCHOOL AND VALUE ADDED TAX PROGRAMS - THE PROGRAM, DEVELOPED TO EMPHASIZE PRACTICAL APPLICATIONS OF THEORIES, TECHNIQUES, AND PROCEDURES TO EVERYDAY SITUATIONS, WILL BE VALUABLE TO STATE & LOCAL INCOME TAX REPRESENTATIVES FROM ALL INDUSTRIES AT ALL LEVELS OF EXPERIENCE. CREDITS AND INCENTIVES SYMPOSIUM - THE CREDITS AND INCENTIVES COMMITTEE IS PLANNING A WELL-ROUNDED SYMPOSIUM FEATURING A VARIETY OF TOPICAL PRESENTATIONS WITH OPPORTUNITIES TO DISCUSS MANY OF THE ISSUES FACING THE EVER-CHANGING AND DEVELOPING CREDITS AND INCENTIVES ENVIRONMENT. 1301127 1748360 2036103 1 1 0 0 0 0 0 0 0 1 0 1 0 0 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 0 0 0 1 13 0 18 1 0 0 0 0 0 0 0 0 0 0 X 13 13 0 0 0 0 1 1 1 1 1 0 0 0 0 0 0 1 1 0 GA X CHRIS G MUNTIFERING 4042402300 1100 ABERNATHY ROAD NE BLDG 500 ATLANTA GA 303281040 X DIANE D BROWN BOARD OF GOVERNORS (P) 2.00 X 0 0 0 MARK YOUNG BOARD OF GOVERNORS (P) 2.00 X 0 0 0 TRISHA FORTUNE BOARD OF GOVERNORS (P) 2.00 X 0 0 0 GLENN C MCCOY BOARD OF GOVERNORS 2.00 X 0 0 0 JEFF MCGHEHEY BOARD OF GOVERNORS 2.00 X 0 0 0 DONALD L LIPPERT BOARD OF GOVERNORS 2.00 X 0 0 0 ANETTE PREHN BOARD OF GOVERNORS 2.00 X 0 0 0 KATHLEEN M LUSK BOARD OF GOVERNORS 2.00 X 0 0 0 CARLOS V HERNANDEZ BOARD OF GOVERNORS 2.00 X 0 0 0 JAN NASH BOARD OF GOVERNORS 2.00 X 0 0 0 JACK M SCHINDLER BOARD OF GOVERNORS 2.00 X 0 0 0 CAROLYN M SHANTZ BOARD OF GOVERNORS 2.00 X 0 0 0 DAVID H LEVAN IMMEDIATE PAST PRESIDENT 2.00 X 0 0 0 JANETTE LOHMAN IMMEDIATE PAST PRESIDENT (P) 2.00 X 0 0 0 MARK S HUTCHESON PRESIDENT 2.00 X 0 0 0 ALLAN J WELLS SECOND VICE PRESIDENT 2.00 X 0 0 0 APRIL M NEVAREZ FIRST VICE PRESIDENT 2.00 X 0 0 0 CHRIS G MUNTIFERING EXECUTIVE DIRECTOR 37.50 X 286800 0 45374 BRENDA PITTLER A.E. DIRECTOR 37.50 X 177776 0 43684 464576 0 89058 2 0 1 0 MARRIOTT BUSINESS SERVICES PO BOX 403648 ATLANTA GA 303843648 EVENT SERVICES & ACCOMODATIONS 139648 THE WESTIN WESTMINSTER 10600 WESTMINSTER BLVD WESTMINSTER CO 80020 EVENT SERVICES & ACCOMODATIONS 128797 AUSTIN MARRIOTT DOWNTOWN 304 E CESAR CHAVEZ STREET AUSTIN TX 78701 EVENT SERVICES & ACCOMODATIONS 111284 3 250074 209736 459810 MEMBERSHIP DUES 541200 1609524 1609524 SALES TAX PROGRAMS 541200 528713 528713 PROPERTY TAX PROGRAMS 541200 427763 427763 ANNUAL CONFERENCE 541200 184380 184380 CREDITS AND INCENTIVES SYMPOSIUM 541200 59549 59549 47962 47962 2857891 92155 92155 2851812 2182761 669051 669051 669051 PUBLICATIONS AND PROCEEDINGS 541200 31225 31225 MISCELLANOUS INCOME 541200 100 100 31325 4110232 2889216 0 761206 332174 199304 132870 738896 443338 295558 146766 88059 58707 87682 52609 35073 75512 45307 30205 3413 2048 1365 585 351 234 44827 26896 17931 22183 22183 53496 32098 21398 164606 102654 61952 83667 50200 33467 139472 83683 55789 95374 92700 2674 824391 808880 15511 13066 7840 5226 STAFF TRAINING 226 136 90 2826336 2036103 790233 0 1297013 1879651 1058952 402907 24937 18709 3864882 4658001 1964042 2541565 459154 428044 8668980 9928877 49885 56996 448834 417724 498719 474720 X 7975767 9256115 194494 198042 8170261 9454157 8668980 9928877 1283896 0 X X 0 1 X 1 0 X 1440581 1763213 1775287 1947884 2069334 8996299 1842689 1904139 1882298 826005 1248367 7703498 3283270 3667352 3657585 2773889 3317701 16699797 0 0 0 16699797 406464 267269 204715 290919 761206 1930573 406464 267269 204715 290919 761206 1930573 35072 56400 39101 16136 31325 178034 3724806 3991021 3901401 3080944 4110232 18808404 0.88790 0.91690 0.10260 0.07260 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 194494 3000 548 198042 192382 2112 194494 188242 4140 192382 185641 2601 188242 162647 22970 24 185641 0 0 0 CERTIFICATES OF DEPOSIT 2541565 C 2541565 DEFERRED COMPENSATION PLAN LIABILITY 417724 417724 X 4088049 0 4088049 22183 22183 4110232 2804153 0 2804153 22183 22183 2826336 PART X, LINE 2: MANAGEMENT IS REQUIRED TO EVALUATE TAX POSITIONS TAKEN BY THE INSTITUTE AND RECOGNIZE A TAX LIABILITY IF THE INSTITUTE HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE U.S. FEDERAL, STATE, OR INSTITUTES TAXING AUTHORITIES. THE INSTITUTE IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. TYPICALLY, TAX YEARS WILL REMAIN OPEN FOR THREE YEARS, HOWEVER THIS MAY DIFFER DEPENDING UPON THE CIRCUMSTANCES OF THE INSTITUTE. X 0 1 0 0 0 0 0 0 0 CHRIS G MUNTIFERING EXECUTIVE DIRECTOR 286800 0 0 0 0 0 40160 0 5214 0 332174 0 0 0 BRENDA PITTLER A.E. DIRECTOR 177776 0 0 0 0 0 32875 0 10809 0 221460 0 0 0 PART I, LINE 4B CHRIS MUNTIFERING, BRENDA A. PITTLER, CASS VICKERS, AND CHARLES O'CONNOR PARTICIPATE IN A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN. IN CALENDAR YEAR 2021: BRENDA PITTLER RECEIVED $15,000.00 IN CONTRIBUTIONS CHRIS MUNTIFERING $20,000.00 IN CONTRIBUTIONS FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS APPROXIMATELY 5,000 MEMBERS. GUIDELINES FOR MEMBERSHIP CAN BE VIEWED IN THE BY-LAWS, ARTICLE II, ON THE ORGANIZATION'S WEB-SITE (WWW.IPT.ORG). THE CLASSES OF MEMBERSHIP ARE: REGULAR MEMBERS, ASSOCIATE MEMBERS, AFFILIATE MEMBERS, ACADEMIC MEMBERS, HONORARY MEMBERS AND RETIRED MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A THE ELECTION OF THE BOARD OF GOVERNORS AND OFFICERS IS HELD AT THE ANNUAL MEETING OF MEMBERS AND IS EXPLAINED IN SECTION III OF THE ORGANIZATION'S BY-LAWS. THE BY-LAWS CAN BE VIEWED ON THE ORGANIZATION'S WEB-SITE, WWW.IPT.ORG. NOMINATIONS, ELECTIONS: SEE ARTICLE III, SECTION 5 OF THE BYLAWS OF THE INSTITUTE WHICH ARE AVAIALBLE ON THE ORGANIATION'S WEB-SITE, WWW.IPT.ORG. MANNER OF HOLDING ELECTION: THE MANNER OF HOLDING ELECTIONS, INCLUDING THE FORMS TO BE USED, THE METHOD OF VOTING, THE COUNTING OF BALLOTS, AND THE RULES OF PROCEDURE PERTAINING THERETO, SHALL BE PRESCRIBED BY THE BOARD OF GOVERNORS. FORM 990, PART VI, SECTION A, LINE 7B THE ORGANIZATION'S MEMBERS VOTE ON AMENDMENTS TO BY-LAWS. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 IS AVAILABLE TO THE ORGANIZATION'S GOVERNING BODY BY THE INDEPENDENT PAID PREPARER FOR REVIEW PRIOR TO FILING. THE EXECUTIVE DIRECTOR REVIEWS THE RETURN WITH THE CHIEF FINANCIAL OFFICER AND RECOMMENDS ANY CHANGES AS THEY SEE FIT. FORM 990, PART VI, SECTION B, LINE 15 15A - COMPENSATION OF THE EXECUTIVE DIRECTOR IS REVIEWED ANNUALLY BY THE EXECUTIVE COMMITTEE OF THE INSTITUTE. THE EXECUTIVE COMMITTEE IS COMPRISED OF THE PRESIDENT, 1ST VICE PRESIDENT, 2ND VICE PRESIDENT AND THE IMMEDIATE PAST PRESIDENT. THE EXEUCTIVE COMMITTEE (COMPENSATION COMMITTEE) UTILIZES SALARY SURVEYS, COMPARABILITY DATA AND OTHER CONTEMPORANEOUS DOCUMENTATION IN DETERMINING SALARY OF THE EXECUTIVE DIRECTOR. 15B - COMPENSATION OF ALL EMPLOYEES OF THE INSTITUTE IS REVIEWED ANNUALLY BY THE EXECUTIVE DIRECTOR. THE EXECUTIVE DIRECTOR USES SALARY SURVEYS AND COMPARABILITY DATA TO ENSURE THAT SALARIES OF EMPLOYEES ARE COMPETITIVE. THE SALARIES OF KEY STAFF ARE THEN REVIEWED WITH THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S BYLAWS ARE AVAILABLE ON THE ORGANIZATION'S WEB-SITE AND UPON REQUEST. THE ORGANIZATION'S ARTICLES OF INCORPORATION ARE AVAILABLE UPON REQUEST. THE ORGANIZATION'S CONLFICT OF INTEREST/CODE OF ETHICS POLICY IS AVAILABLE ON THE ORGANIZATION'S WEB-SITE AND UPON REQUEST. THE ORGANIZATION'S FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, FINANCIAL STATEMENTS AND REPORTING, LINE 1 THE FINANCIAL STATEMENTS HAVE BEEN PREPARED USING THE MODIFIED CASH BASIS OF ACCOUNTING. FORM 990, PART XII, FINANCIAL STATEMENTS AND REPORTING, LINE 2C THE ORGANIZATION'S EXECUTIVE DIRECTOR IS RESPONSIBLE FOR OVERSEEING THE AUDIT OF THE FINANCIAL STATEMENTS AND SELECTS THE INDEPENDENT ACCOUNTANT THAT AUDITS THE FINANCIAL STATEMENTS. THE EXECUTIVE DIRECTOR THEN REPORTS TO THE OFFICERS AND BOARD OF GOVERNORS.