2014-10-14T10:40:00-05:00 2014-03-31 411360831 OLSEN THIELEN & CO LTD 2675 LONG LAKE ROAD ST PAUL MN 55113 990 2013-04-01 410783480 MINNESOTA SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS MINN 9528312707 1650 WEST 82ND STREET NO 600 BLOOMINGTON MN 55431 BETSY ADRIAN PRESIDENT 9528312707 2014-09-26 1 LINDA M NELSON P00205567 6514834521 2013 2015-11-30 17:44:51Z BETSY ADRIAN 1650 WEST 82ND STREET NO 600 BLOOMINGTON MN 55431 6426811 0 X WWW.MNCPA.ORG X 1904 MN TO HELP MEMBERS SUCCEED PROFESSIONALLY WHILE BEING MINDFUL OF SERVING THE PUBLIC INTEREST. 16 16 33 2326 177600 17294 0 0 6082715 6195939 42785 69011 161540 161861 6287040 6426811 0 33000 0 0 2428780 2464107 0 0 0 3741720 3704644 6170500 6201751 116540 225060 6333816 6562899 2519576 2469604 3814240 4093295 X THE MISSION OF THE MINNESOTA SOCIETY OF CPAS (MNCPA) IS TO HELP MEMBERS SUCCEED PROFESSIONALLY WHILE BEING MINDFUL OF SERVING THE PUBLIC INTEREST. MNCPA HELPS ITS MEMBERS BY PROVIDING EDUCATION, RESOURCES, NETWORKING OPPORTUNITIES AND ADVOCACY, WHILE ALSO ADMINISTERING QUALITY IMPROVEMENT ACTIVITIES. 0 0 SEMINAR ACTIVITIES PROVIDED EDUCATION THAT ENABLED MEMBERS AND NONMEMBERS TO MEET REGULATORY REQUIREMENTS, ENHANCE PERSONAL DEVELOPMENT, AND INCREASE KNOWLEDGE TO MEET THE NEEDS OF THE FINANCIAL AND BUSINESS COMMUNITY. DURING THE YEAR ENDED MARCH 31, 2014, OVER 7,000 INDIVIDUALS ATTENDED OVER 230 EVENTS IN PERSON.CONFERENCE ACTIVITIES PROVIDE EDUCATION IN THE AREAS OF BUSINESS, TAX AND ACCOUNTING. TWELVE CONFERENCES WERE ATTENDED BY MORE THAN 3,600 PARTICIPANTS. MEMBERSHIP ACTIVITIES PROVIDED APPROXIMATELY 9,000 MEMBERS WITH OPPORTUNITIES FOR EDUCATION, PROFESSIONAL NETWORKING, CAREER ADVANCEMENT, AND PROMOTION OF THE CPA PROFESSION. COMMUNICATIONS ACTIVITIES INCLUDED PUBLICATION OF NINE ISSUES OF THE FOOTNOTE, THE MNCPA'S MAGAZINE FOR MEMBERS; PUBLICATION OF ELECTRONIC NEWSLETTERS; DEVELOPMENT AND MAINTENANCE OF THE MNCPA'S WEBSITE, WHICH DELIVERS INFORMATION TO THE GENERAL PUBLIC AS WELL AS ADDITIONAL CONTENT AND RESOURCES FOR MEMBERS; TRAINING FOR MEMBERS SPEAKING ON BEHALF OF THE CPA PROFESSION; AND THE DISTRIBUTION OF PROFESSION-RELATED PRESS RELEASES TO VARIOUS MEDIA OUTLETS. GOVERNMENT RELATIONS ACTIVITIES PROMOTED CPA INVOLVEMENT IN AND INFLUENCE ON THE POLITICAL PROCESS IN THE STATE OF MINNESOTA AND WITH MINNESOTA'S CONGRESSIONAL DELEGATION IN WASHINGTON. PROFESSIONAL STANDARDS ACTIVITIES INCLUDED ADMINISTRATION OF A PEER REVIEW PROGRAM, COORDINATION OF AN ETHICS PROGRAM TO ADDRESS COMPLAINTS AGAINST MEMBERS, AND VOLUNTARY REVIEW TASK FORCES THAT PROMOTED QUALITY FINANCIAL REPORTING BY MINNESOTA CPAS. 0 0 0 1 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 72 0 1 33 1 1 1 0 0 0 0 0 X 16 16 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 1 0 X FAYE HAYHURST 9528312707 1650 WEST 82ND STREET NO 600 BLOOMINGTON MN 55431 DAVID A STENE CHAIR 5.00 X X 0 0 0 CHRISTINE A PICHE VICE CHAIR 2.00 X X 0 0 0 DEBRA K THOMPSON SECRETARY 2.00 X X 0 0 0 NATHANIEL J ALBRECHT TREASURER 2.00 X X 0 0 0 ROBERT A SANNERUD CHAIR ELECT 2.00 X X 0 0 0 BARBARA J STEINHAUSER PAST CHAIR 2.00 X 0 0 0 BRETT AAMOT BOARD MEMBER 2.00 X 0 0 0 JENNIFER L CARLSON BOARD MEMBER 2.00 X 0 0 0 REBECCA K KERAN BOARD MEMBER 2.00 X 0 0 0 CAROLEE LINDSEY BOARD MEMBER 2.00 X 0 0 0 MELANIE MOGG BOARD MEMBER 2.00 X 0 0 0 CLARK OLSEN BOARD MEMBER 2.00 X 0 0 0 BRENDEN SCHAAF BOARD MEMBER 2.00 X 0 0 0 DAVID WELLIVER BOARD MEMBER 2.00 X 0 0 0 JEFFREY WHITE BOARD MEMBER 2.00 X 0 0 0 JOEL WILSON BOARD MEMBER 2.00 X 0 0 0 BETSY ADRIAN PRESIDENT 40.00 X 219229 0 36283 FAYE HAYHURST DIRECTOR OF FINANCE 40.00 X 95210 0 30482 BARBARA WENTE DIRECTOR OF EDUCATION 40.00 X 112433 0 26008 LINDA WEDUL DIRECTOR-MEMBER RELATIONS 40.00 X 114528 0 28634 GENO FRAGNITO DIRECTOR-GOVERNMENT RELATIONS 40.00 X 100266 0 17813 641666 0 139220 4 0 1 0 CLIFTONLARSONALLEN LLP 220 S 6TH ST STE 300 MINNEAPOLIS MN 55402 EDUCATION PROGRAMS 192162 SURGENT MCCOY CPE LLC 237 LANCASTER AVE DEVON PA 19333 EDUCATION PROGRAMS 137861 2 EDUCATION PROGRAMS 611600 3731409 3717671 13738 MEMBERSHIP DUES 541900 2195142 2195142 PROFESSIONAL STANDARDS 541900 132595 132595 MEMBERSHIP PROGRAMS 611600 108888 108888 OTHER 900099 27905 25904 2001 6195939 68953 68953 20510 0 20510 20510 20510 58 0 58 58 58 PUB. SALES & ADV 511190 141351 141351 141351 6426811 6180200 177600 69011 33000 386580 1621946 130282 178323 146976 849 18480 32750 7936 14849 177993 108609 220845 96 16997 84494 14209 TAXES PAID 4285 EDUCATION PROGRAMS 2310358 OTHER DIRECT EXPENSES 444279 FOOTNOTE PUBLICATION 101535 146080 6201751 879562 743145 3940526 4299907 35785 23945 239163 221846 1001378 761466 310443 239912 929730 1034144 -1393 0 6333816 6562899 555083 523384 1964493 1946220 2519576 2469604 X 3814240 4093295 3814240 4093295 6333816 6562899 225060 53995 0 X X 0 1 X 1 0 0 0 1 2195142 228347 3711 232058 241466 -9408 303926 232086 71840 141085 89882 51203 556367 439498 116869 239912 X 6480806 53995 53995 6426811 0 6426811 6201751 0 6201751 0 6201751 PART X, LINE 2: ASC 740 DISCLOSURE FROM AUDITED FINANCIAL STATEMENTS: THE SOCIETY REVIEWS INCOME TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN INCOME TAX RETURNS TO DETERMINE IF THERE ARE ANY INCOME TAX UNCERTAINTIES. THIS INCLUDES POSITIONS THAT THE ENTITY IS EXEMPT FROM INCOME TAXES OR NOT SUBJECT TO INCOME TAXES ON UNRELATED BUSINESS INCOME. THE SOCIETY RECOGNIZES TAX BENEFITS FROM UNCERTAIN TAX POSITIONS ONLY IF IT IS MORE LIKELY THAN NOT THAT THE TAX POSITIONS WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES. THE SOCIETY HAS IDENTIFIED NO SIGNIFICANT INCOME TAX UNCERTAINTIES. THE SOCIETY IS OPEN TO EXAMINATION FOR TAX YEARS 2011 THROUGH 2013. 1 ACCOUNTABILITY MINNESOTA 2610 UNIVERSITY AVE W SUITE 450 ST PAUL MN 55114 237131829 501(C)(3) 25000 TAX & FINANCIAL ASSISTANCE FOR LOW & MODERATE INCOME CITIZENS ACCOUNTANTS CONCERNED FOR ACCOUNTANTS 4530 W 77TH ST SUITE 240 EDINA MN 55435 363428709 501(C)(3) 8000 SUPPORT FOR CHEMICALLY DEPENDENT ACCOUNTANTS & FAMILIES 2 0 PART I, LINE 2: MNCPA RECEIVES ANNUAL REPORTS FROM GRANTEE ORGANIZATIONS REGARDING THEIR ACTIVITIES AND USE OF FUNDS. 1 X X 0 0 0 BETSY ADRIAN PRESIDENT 207229 0 12000 0 0 0 21191 0 15092 0 255512 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS TWO MEMBERSHIP CATEGORIES: CPA MEMBERS AND ASSOCIATE (NON-CPA) MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A CPA MEMBERS HAVE THE RIGHT TO VOTE AT THE ORGANIZATION'S MEETINGS, TO VOTE FOR THE ORGANIZATION'S GOVERNING BOARD, AND TO VOTE ON AMENDMENTS TO THE ORGANIZATION'S BY-LAWS THAT AFFECT: A) MEMBER VOTING RIGHTS, OBLIGATIONS OR PRIVILEGES; B) PROCEDURES RELATED TO A COMPLAINT AGAINST A MEMBER; AND C) FORMATION OR TERMINATION OF A CHAPTER. FORM 990, PART VI, SECTION A, LINE 7B AMENDMENTS TO THE ORGANIZATION'S BY-LAWS OTHER THAN THOSE DESCRIBED ABOVE MAY BE MADE BY THE BOARD OF DIRECTORS. HOWEVER, THE MEMBERS MAY VOTE TO REPEAL OR REVOKE SUCH AN AMENDMENT. THE MEMBERS MAY ALSO VOTE TO REMOVE AN OFFICER OR DIRECTOR OF THE ORGANIZATION. FORM 990, PART VI, SECTION B, LINE 11 FORM 990 IS PREPARED BY THE ORGANIZATION'S AUDIT FIRM. THE RETURN IS REVIEWED IN DETAIL BY THE DIRECTOR OF FINANCE AND THE BOARD TREASURER. A DRAFT OF THE RETURN IS DISTRIBUTED TO BOARD MEMBERS, AND IS APPROVED BY THE BOARD PRIOR TO THE RETURN BEING FILED. FORM 990, PART VI, SECTION B, LINE 12C ALL BOARD MEMBERS ARE REQUIRED TO DISCLOSE A CONFLICT OF INTEREST TO THE BOARD PRIOR TO THE TRANSACTION OR DECISION AFFECTED BY THE CONFLICT. AFTER DISCLOSURE, THE BOARD MEMBER IS ASKED TO LEAVE THE ROOM FOR THE DURATION OF THE DISCUSSION AND VOTE. BOARD MEMBERS ARE ALSO ASKED TO DISCLOSE ANY CONCERNS ABOUT THE APPEARANCE OF A CONFLICT OF INTEREST. THE BOARD CHAIR ANNUALLY REQUIRES EACH BOARD MEMBER TO SIGN A CONFLICT OF INTEREST STATEMENT. THE SIGNED STATEMENTS REMAIN ON FILE WITH THE ORGANIZATION'S PRESIDENT FOR THE FISCAL YEAR. FORM 990, PART VI, SECTION B, LINE 15 A SUB-COMMITTEE OF THE BOARD OF DIRECTORS PERFORMS AN ANNUAL REVIEW OF THE PRESIDENT AND DETERMINES COMPENSATION FOR THE FOLLOWING YEAR. THE PRESIDENT PERFORMS AN ANNUAL REVIEW OF THE DIRECTOR OF FINANCE (THE TOP FINANCIAL OFFICIAL). COMPENSATION IS DETERMINED BY THE PRESIDENT BASED ON PERIODIC COMPENSATION STUDIES AS WELL AS CURRENT ECONOMIC DATA SUCH AS THE CONSUMER PRICE INDEX. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. MINNESOTA SOCIETY OF CPAS EDUCATION FUND 1650 WEST 82ND STREET STE 600 BLOOMINGTON MN 55431 363358852 EDUCATION MN 501(C)(3) 509(A)(3), TYPE 1 MN SOCIETY OF CPAS 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 FORM 990, SCHEDULE R, PART V, LINE 2: DE MINIMIS SERVICES WERE PROVIDED BY THE ORGANIZATION TO THE MINNESOTA SOCIETY OF CPAS EDUCATION FUND.