2025-08-15T08:58:20-05:00 2024-12-31 453048812 BESTEN & DIERUF PLLC 190 MARKET STREET LEXINGTON KY 40507 990 2024-01-01 521330327 CPA FIRM MANAGEMENT ASSOCIATION INC CPAF 9372220030 201 EAST MAIN STREET 810 LEXINGTON KY 40507 KRISTINE LATCHAW CHAIR 9372220030 2025-08-15 1 1 ANDREW H DIERUF CPA P01239897 8592544427 2024 2025-03-06 01:10:19Z KRISTINE LATCHAW 201 EAST MAIN STREET 810 LEXINGTON KY 40507 513490 0 X WWW.CPAFMA.ORG X 1984 MD OUR MISSION IS TO BE A RECOGNIZED LEADER IN CPA FIRM PRACTICE MANAGEMENT DELIVERING VALUABLE EDUCATION & COLLABORATION OPPORTUNITIES FOR THOSE INTERESTED IN ELEVATING THEIR PRACTICE AND STRATEGICALLY GROWING THEIR FIRMS. 12 12 0 0 0 0 207225 226203 87176 287071 102 216 80 0 294583 513490 0 0 0 0 0 0 0 0 0 340841 574620 340841 574620 -46258 -61130 327280 299555 93127 126532 234153 173023 X CPAFMA WILL BE A STRATEGIC ENABLER OF RELATIONSHIPS AND PROVIDER OF VALUABLE CONNECTIONS, RESOURCES AND EDUCATION TO SUPPORT HOLISTIC CPA FIRM PRACTICE MANAGEMENT IN AREAS SUCH AS STRATEGY/PARTNER ISSUES, HUMAN RESOURCES, TECHNOLOGY, FINANCE, MARKETING AND BUSINESS DEVELOPMENT, IN-FIRM COMMUNICATIONS, CLIENT SERVICE, OPERATIONS AND FACILITIES. 0 0 303639 256000 CONFERENCES, SEMINARS AND MEETINGS - TO EDUCATE MEMBERS ON BEST PRACTICES AND HOT TOPICS IN THE INDUSTRY AND ALLOW FOR COLLABORATION AND NETWORKING AMONG THE MEMBERSHIP. THIS INCLUDES NATIONAL EVENTS. 6537 700 NETWORKING DEVELOPMENT/OUTREACH - TO SUPPORT CPA FIRMS BY PROVIDING NETWORKING OPPORTUNITIES. 39606 30371 CERTIFICATION - CPAFMA'S PUBLIC ACCOUNTING FIRM MANAGER (PAFM) PROGRAM PROVIDES THE OPPORTUNITY TO DEMONSTRATE YOU HAVE EXPERIENCE WITH THE KNOWLEDGE, LEADERSHIP, SKILLS, AND ABILITIES TO OPERATE AT A HIGH LEVEL OF EXPERTISE IN THE FIELD OF ACCOUNTING FIRM MANAGEMENT. 349782 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 7 0 1 0 0 0 0 0 0 0 0 0 X 12 12 0 1 0 0 1 1 0 1 1 0 1 1 1 1 1 1 0 1 0 0 0 X X AMR MANAGEMENT SERVICES 9372220030 201 EAST MAIN STREET 810 LEXINGTON KY 40507 X JANA CINNAMON CHAIR 1.00 X X 0 0 0 KRISTINE LATCHAW CPA PAFM VICE CHAIR 1.00 X X 0 0 0 LARRY SHEFTEL PHR SHRM-CP PAFM IMMEDIATE PAST CHAIR 0.50 X X 0 0 0 DANIEL GREGORY PAFM SECRETARY/TREASURER 1.00 X X 0 0 0 KIMBERLY RUSSO PAFM DIRECTOR OF PROFESSIONAL A 0.50 X 0 0 0 SARAH SNELL PAFM DIRECTOR OF MEMBERSHIP & G 0.50 X 0 0 0 KIMBERLY FITZGERALD PAFM DIRECTOR OF EDUCATION 1.00 X 0 0 0 MARGOT SUNTER CGA CPA DIRECTOR OF INFORMATION AND COMMUNICATION 0.30 X 0 0 0 JON TONKOWICH DIRECTOR AT LARGE 0.50 X 0 0 0 JEREMY RAINES DIRECTOR AT LARGE 0.50 X 0 0 0 ROMAN KEPCZYK CPA CITP CGMA ADVISOR 0.50 X 0 0 0 WILLIAM REEB CPA CITP CGMA ADVISOR 0.50 X 0 0 0 0 0 0 0 0 0 0 AMR MANAGEMENT SERVICES 201 E MAIN STREET SUITE 810 LEXINGTON KY 40507 ASSOCIATION MANAGEMENT SERVICES 250164 MARRIOTT SAVANNAH RIVERFRONT 100 GENERAL MCINTOSH BLVD SAVANNAH GA 31401 ANNUAL CONFERENCE 149363 2 226203 226203 CONFERENCE AND SEMINAR 611430 256000 256000 WEB-BASED SEMINARS 611430 18577 18577 CERTIFICATION PROGRAM 611430 11794 11794 CHAPTER ACTIVITIES 611430 700 700 287071 216 216 513490 287071 0 216 253164 112482 140682 3144 3144 85 85 801 801 23230 1254 21976 37740 9040 28700 189209 182630 6579 3632 1378 2254 SPEAKER FEES 25500 25500 CREDIT CARD/BANK FEES 19670 9077 10593 SUBSCRIPTIONS 7112 7112 SUPPLIES 5073 3880 1193 6260 4541 1719 574620 349782 224838 0 308352 282473 18928 17082 327280 299555 2521 12910 90606 113622 93127 126532 X 234153 173023 234153 173023 327280 299555 -61130 0 X X 1 X 0 1 0 1 0 0 0 X PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE, HOWEVER, THE ORGANIZATION IS NOT EXEMPT FROM TAX IMPOSED UPON UNRELATED BUSINESS INCOME. FOR THE YEAR ENDED DECEMBER 31, 2024, THE ORGANIZATION HAD NO UNRELATED BUSINESS INCOME AND ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN RECORDED. ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN AND RECOGNIZE A TAX LIABILITY IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2024, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS. THE ORGANIZATION'S FEDERAL EXEMPT INFORMATION RETURNS (FORMS 990) ARE SUBJECT TO EXAMINATION BY THE IRS, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. FORM 990, PART VI, SECTION A, LINE 3 THE ASSOCIATION OUTSOURCES MANAGEMENT AND OPERATIONAL FUNCTIONS TO AMR MANAGEMENT SERVICES, A FULL SERVICE ASSOCIATION MANAGEMENT COMPANY ACCREDITED BY THE AMC INSTITUTE. FORM 990, PART VI, SECTION A, LINE 6 THE ASSOCIATION CONSISTS OF ONE CLASS OF MEMBERS: FIRM MEMBERS & VENDOR MEMBERS FORM 990, PART VI, SECTION A, LINE 7A THE MEMBERS NOMINATE BOARD MEMBERS FOR OPEN POSITIONS ON THE BOARD AND VOTE IF THERE IS A CONTESTED POSITION. FORM 990, PART VI, SECTION B, LINE 11B AN ELECTRONIC COPY OF THE FORM 990 IS PROVIDED TO EACH VOTING MEMBER OF THE GOVERNING BODY AT LEAST TWO WEEKS PRIOR TO THE FILING OF THE RETURN. UPON TAX PREPARERS COMPLETION OF THE IRS FORM 990, THE FORM AND ACCOMPANYING SCHEDULES WILL FIRST BE REVIEWED BY KEY MEMBERS OF THE ASSOCIATION MANAGEMENT COMPANY'S CLIENT TEAM. THEREAFTER AN ELECTRONIC COPY OF FORM 990 AND ACCOMPANYING SCHEDULES WILL BE MADE AVAILABLE ELECTRONICALLY BY THE ASSOCIATION DIRECTOR TO EACH VOTING MEMBER OF THE GOVERNING BODY WITH E-MAIL NOTIFICATION AND INSTRUCTIONS FOR CONTACTING ASSOCIATION HEADQUARTERS WITH COMMENTS OR QUESTIONS. A 2-WEEK TIMEFRAME WILL BE PROVIDED FOR GOVERNING BODY COMMENTS OR QUESTIONS. FOLLOWING THE OPEN TIMEFRAME FOR GOVERNING BODY COMMENTS OR QUESTIONS, AND FOLLOWING RESOLUTION OF ANY QUESTIONS OR OTHER MATTERS THAT HAVE ARISEN, THE E-FILE AUTHORIZATION FORM IS SIGNED BY THE PRESIDENT OR TREASURER AND THE FORM 990 IS ELECTRONCIALLY FILED. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REQUIRES ALL BOARD MEMBERS OF THE GOVERNING BODY TO ANNUALLY SIGN A CONFLICT OF INTEREST STATEMENT. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS REQUIRING PUBLIC DISCLOSURE BY THE INTERNAL REVENUE SERVICE ARE MADE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE SET FORTH IN SECTION 6104(D). FORM 990, PART XII, LINE 2C FINANCIALS STATEMENTS WERE REVIEWED BY AN INDEPENDENT ACCOUNTANT FOR THE YEAR ENDING DECEMBER 31, 2024