ASSOCIATION FOR FINANCIAL PROFESSIONALS INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- ASSOCIATION FOR FINANCIAL PROFESSIONALS INC (EIN 58-1424769)
- Tax period
- 2011-07-01 to 2012-06-30
- Filed
- 2013-05-15
- IRS object ID
- 201301359349304800
- Schema version
- 2011v1.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-15T11:45:55-05:00 | Timestamp |
| Tax Period End Date | 2012-06-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 410746749 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4250 N FAIRFAX DRIVE SUITE 1020 | AddressLine1 |
| City | ARLINGTON | City |
| State | VA | State |
| ZIP Code | 22203 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-07-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 581424769 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ASSOCIATION FOR FINANCIAL PROFESSIONALS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | ASSO | NameControl |
| Phone | 3019072862 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4520 EAST WEST HIGHWAY NO 750 | AddressLine1 |
| City | BETHESDA | City |
| State | MD | State |
| ZIP Code | 20814 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JOSEPH A DESALVIO | Name |
| Title | CHIEF FINANCIAL OFFICER | Title |
| Phone | 3019072862 | Phone |
| Date Signed | 2013-05-14 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | KAREN GRIES | Name |
| PTIN | P00078514 | PTIN |
| Phone | 5712279500 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JAMES KAITZ | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4520 EAST WEST HIGHWAY NO 750 | AddressLine1 |
| City | BETHESDA | City |
| State | MD | State |
| ZIP Code | 20814 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 26246152 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.AFPONLINE.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1980 | YearFormation |
| State Legal Domicile | MD | StateLegalDomicile |
| Activity Or Mission Description | TO SUPPORT MEMBERS THROUGH RESEARCH, EDUCATION, CERTIFICATION, PUBLICATIONS, AND REPRESENTATION. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 15 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 15 | NbrIndependentVotingMembers |
| Total Nbr Employees | 74 | TotalNbrEmployees |
| Total Nbr Volunteers | 140 | TotalNbrVolunteers |
| Total Gross UBI | 1456309 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 116044 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 0 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 0 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 17365891 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 19662900 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 423949 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1060986 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 457383 | OtherRevenuePriorYear |
| Other Revenue Current Year | 634323 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 18247223 | TotalRevenuePriorYear |
| Total Revenue Current Year | 21358209 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 8547451 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 8868136 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 10957624 | OtherExpensePriorYear |
| Other Expenses Current Year | 12166139 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 19505075 | TotalExpensesPriorYear |
| Total Expenses Current Year | 21034275 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -1257852 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | 323934 | RevenuesLessExpensesCY |
| Total Assets BOY | 35875778 | TotalAssetsBOY |
| Total Assets EOY | 35542209 | TotalAssetsEOY |
| Total Liabilities BOY | 15245421 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 16023411 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 20630357 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 19518798 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | TO CREATE A NATIONAL FORUM FOR THE EXCHANGE OF CONCEPTS AND TECHNIQUES RELATED TO IMPROVING FINANCIAL MANAGEMENT THROUGH EDUCATION, COMMUNICATION, AND RECOGNITION OF THE PROFESSION. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 1 | SignificantChange |
| Description | EXCHANGE MAGAZINEPUBLISHED TEN ISSUES CONTAINING TIMELY AND AUTHORITATIVE ARTICLES ON CHANGES IN LAW AND REGULATION AND CURRENT DEVELOPMENTS IN CORPORATE FINANCIAL MANAGEMENT FUNCTIONS. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | ANNUAL CONFERENCEMORE THAN 130 WORKSHOPS, PEER-REVIEWED LECTURES, AND PRESENTATIONS ON CORPORATE FINANCIAL MANAGEMENT TOPICS SUCH AS TREASURY AND CASH MANAGEMENT, BANK RELATIONSHIP MANAGEMENT, LIQUIDITY MANAGEMENT, WORKING CAPITAL MANAGEMENT, PAYMENTS, FINANCIAL PLANNING AND ANALYSIS AND PENSIONS AND EMPLOYEE BENEFIT PLANS. ATTENDANCE AT THE ANNUAL CONFERENCE WAS IN EXCESS OF 6,000 CORPORATE PRACTIONERS, ASSOCIATES AND ACADEMICS. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | CERTIFICATIONADMINISTERED THE CERTIFIED TREASURY PROFESSIONAL EXAM TO APPROXIMATELY 2,500 CANDIDATES; RE-CERTIFIED APPROXIMATELY 2,100 ADDITIONAL CTPS THAT MET THE REQUIREMENT FOR CONTINUING PROFESSIONAL EDUCATION CREDITS OVER A THREE YEAR PERIOD. | Description |
Activity Other ActivityOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | GLOBAL CORPORATE TREASURER'S FORUMLECTURES, INDUSTRY EXPERT PANELS, AND PEER EXCHANGE FORUMS ON REGULATORY COMPLIANCE AND BEST PRACTICES IN TREASURY MANAGEMENT FUNCTIONS FOR CORPORATE TREASURERS.EDUCATIONCONDUCTED WORKSHOPS, WEBINARS AND SEMINARS ON A VARIETY OF TOPICS IN CORPORATE FINANCE, CASH MANAGEMENT, FRAUD PREVENTION, FINANCIAL RISK MANAGEMENT, BANK RELATIONSHIP MANAGEMENT, CASHFLOW FORECASTING, CORPORATE PAYMENTS, AND SIMILAR TOPICS.PUBLICATIONSPUBLISHED MONTHLY NEWSLETTERS ON ECONOMICS, CORPORATE PAYMENTS, RISK MANAGEMENT, CAREER DEVELOPMENT, AND LEGAL AND REGULATORY DEVELOPMENTS.MEMBERSHIPPROVIDED OVER 12,500 MEMBER PROFESSIONALS WITH BEST PRACTICE TOOLS, IN-DEPTH RESEARCH, GLOBAL FINANCE NEWS, CONTINUING EDUCATION, NETWORKING OPPORTUNITIES AND PROFESSIONAL DEVELOPMENT SERVICES. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In501 C3 | 0 | DescribedIn501C3 |
| Schedule B Required | 0 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Subject To Proxy Tax | 1 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 0 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 1 | ReportOtherAssets |
| Report Other Liabilities | 1 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 1 | RelatedOrgControlledEntity |
| Transaction Related Entity | 1 | TransactionRelatedEntity |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 72 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Compliance With Backup Witholding | 1 | ComplianceWithBackupWitholding |
| Number Of Employees | 74 | NumberOfEmployees |
| Employment Tax Returns Filed | 1 | EmploymentTaxReturnsFiled |
| Unrelated Business Income | 1 | UnrelatedBusinessIncome |
| Form990-T Filed | 1 | Form990-TFiled |
| Foreign Financial Account | 1 | ForeignFinancialAccount |
| Name Of Foreign Country | CA | NameOfForeignCountry |
| Name Of Foreign Country | UK | NameOfForeignCountry |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 15 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 15 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 1 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 1 | CompensationProcessCEO |
| Compensation Process Other | 1 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MD | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOSEPH DESALVIO | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 3019072862 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4520 EAST WEST HIGHWAY NO 750 | AddressLine1 |
| City | BETHESDA | City |
| State | MD | State |
| ZIP Code | 20814 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (27 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | OfficerOfficer | Key EmployeeKeyEmployee | Highest Compensated EmployeeHighestCompensatedEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|---|
| MICHAEL CONNOLLY | |||||||||
| CHAIRMAN | 5.00 | X | 0 | 0 | 0 | ||||
| SUSAN GLASS | |||||||||
| VICE CHAIRMAN | 5.00 | X | 0 | 0 | 0 | ||||
| ANITA PATTERSON | |||||||||
| VICE CHAIRMAN | 5.00 | X | 0 | 0 | 0 | ||||
| ANN ANTHONY | |||||||||
| DIRECTOR | 5.00 | X | 0 | 0 | 0 | ||||
| JEFF CAPPELLETTI | |||||||||
| DIRECTOR | 5.00 | X | 0 | 0 | 0 | ||||
| CRAIG EHRNST | |||||||||
| DIRECTOR | 5.00 | X | 0 | 0 | 0 | ||||
| ROBERTA EISEMAN | |||||||||
| DIRECTOR | 5.00 | X | 0 | 0 | 0 | ||||
| JAMES GILLIGAN | |||||||||
| DIRECTOR | 5.00 | X | 0 | 0 | 0 | ||||
| PATRICIA HUI | |||||||||
| DIRECTOR | 5.00 | X | 0 | 0 | 0 | ||||
| JEFF JOHNSON | |||||||||
| DIRECTOR | 5.00 | X | 0 | 0 | 0 | ||||
| MAUREEN O'BOYLE | |||||||||
| DIRECTOR | 5.00 | X | 0 | 0 | 0 | ||||
| DENNIS REEDY | |||||||||
| DIRECTOR | 5.00 | X | 0 | 0 | 0 | ||||
| D ANTHONY SCAGLIONE | |||||||||
| DIRECTOR | 5.00 | X | 0 | 0 | 0 | ||||
| ADRIENNE URBAN | |||||||||
| DIRECTOR | 5.00 | X | 0 | 0 | 0 | ||||
| IRA BIRNS | |||||||||
| PAST CHAIRMAN | 5.00 | X | 0 | 0 | 0 | ||||
| JAMES KAITZ | |||||||||
| PRESIDENT & CEO | 50.00 | 779994 | 0 | 56912 | X | ||||
| JOSEPH DESALVIO | |||||||||
| CHIEF FINANCIAL OFFICER | 50.00 | 229536 | 0 | 21748 | X | ||||
| TOM DERRY | |||||||||
| CHIEF OPERATING OFFICER | 50.00 | 325748 | 0 | 109828 | X | ||||
| PAUL AUCHINCLOSS | |||||||||
| MANAGING DIRECTOR - SALES | 40.00 | 354139 | 0 | 81310 | X | ||||
| JEFF GLENZER | |||||||||
| MANAGING DIRECTOR - PRODUCT DEVELOPMENT | 40.00 | 207540 | 0 | 51296 | X | ||||
| DAVE LEWIS | |||||||||
| MANAGING DIRECTOR - MEMBERSHIP | 40.00 | 177068 | 0 | 36785 | X | ||||
| ROBERT GREENE | |||||||||
| SALES EXECUTIVE | 40.00 | 174718 | 0 | 45704 | X | ||||
| ELIZABETH JOHNS | |||||||||
| MANAGING DIRECTOR - COMMUNICATIONS | 40.00 | 171055 | 0 | 27761 | X | ||||
| CRAIG MARTIN | |||||||||
| DIRECTOR - TREASURY PRACTICE | 40.00 | 171749 | 0 | 44313 | X | ||||
| BRIAN KALISH | |||||||||
| DIRECTOR - FINANCE PRACTICE | 40.00 | 167564 | 0 | 44868 | X | ||||
| KEVIN ROTH | |||||||||
| MANAGING DIRECTOR - RESEARCH | 40.00 | 177802 | 0 | 48254 | X | ||||
| RENEE JOE | |||||||||
| MANAGING DIRECTOR - MARKETING (FORMER) | 40.00 | 84119 | 0 | 4607 | X | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 3021032 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 573386 | TotalOtherCompensation |
| Number Individuals GT100 K | 25 | NumberIndividualsGT100K |
| Formers Listed | 1 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
Contractor Compensation ContractorCompensation (5 entries)
| Address Line1AddressOfContractor/AddressUS/AddressLine1 | CityAddressOfContractor/AddressUS/City | StateAddressOfContractor/AddressUS/State | ZIP CodeAddressOfContractor/AddressUS/ZIPCode | Description Of ServicesDescriptionOfServices | CompensationCompensation |
|---|---|---|---|---|---|
| LEVY RESTAURANTS | |||||
| 415 SUMMER STREET | BOSTON | MA | 02210 | CONFERENCE CATERING | 931082 |
| MC ARDLE PRINTING | |||||
| 800 COMMERCE DRIVE | UPPER MARLBORO | MD | 20774 | PRINTING | 399888 |
| KUSHNER AND ASSOCIATES | |||||
| 3444 CLOUDCROFT DRIVE | MALIBU | CA | 90265 | CONFERENCE TRANSPORTATION | 281282 |
| MASSACHUSETTS CONVENTION CENTER | |||||
| 415 SUMMER STREET | BOSTON | MA | 02210 | CONFERENCE SITE | 268962 |
| ANN SMITH COMMUNICATIONS | |||||
| 13603 BRASS HARNESS COURT | HERNDON | VA | 20171 | MEDIA BUYS | 265584 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Contractors GT100 K | 21 | NumberOfContractorsGT100K |
Program Service Revenue ProgramServiceRevenue (5 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | Related Or Exempt Function IncomeRelatedOrExemptFunctionIncome | Unrelated Business RevenueUnrelatedBusinessRevenue |
|---|---|---|---|---|
| CONFERENCES | 541900 | 10784405 | 10609099 | 175306 |
| MEMBERSHIP DUES | 900099 | 4748057 | 4748057 | |
| PROFESSIONAL DEVELOPME | 541900 | 2787732 | 2787732 | |
| COMMUNICATIONS | 511120 | 971178 | -309825 | 1281003 |
| CIEBA | 541900 | 371528 | 371528 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | 19662900 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 549722 | TotalRevenueColumn |
| Exclusion | $549,722 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 5769 | TotalRevenueColumn |
| Exclusion | $5,769 | ExclusionAmount |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 5399207 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 4887943 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 511264 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 511264 | TotalRevenueColumn |
| Exclusion | $511,264 | ExclusionAmount |
Other Revenue Misc OtherRevenueMisc (3 entries)
| DescriptionDescription | Business CodeBusinessCode | Total Revenue ColumnTotalRevenueColumn | ExclusionExclusionAmount |
|---|---|---|---|
| MANAGEMENT FEES | 541800 | 440898 | $440,898 |
| INTERCOMPANY INTEREST | 900099 | 153549 | $153,549 |
| MISCELLANEOUS | 900099 | 34107 | $34,107 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 628554 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 21358209 | TotalRevenueColumn |
| Related Or Exempt Function Income | 18206591 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 1456309 | UnrelatedBusinessRevenue |
| Exclusion | $1,695,309 | ExclusionAmount |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 2230293 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5330070 | Total |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 836262 | Total |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3253 | Total |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 468258 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 227644 | Total |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 70067 | Total |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 82963 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3393154 | Total |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 254737 | Total |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1463607 | Total |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 62717 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1304175 | Total |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 737296 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1365392 | Total |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 42734 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 606669 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 810774 | Total |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal |
|---|---|
| HONORARIA | 866375 |
| AUDIO VISUAL RENTAL | 238481 |
| EXPOSITION CONTRACTOR | 136665 |
| MAIL HOUSE EXPENSE | 105920 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 396769 | Total |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 21034275 | Total |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1996934 | BOY |
| EOY | 611511 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 182691 | BOY |
| EOY | 634811 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 995804 | BOY |
| EOY | 1267432 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 4589694 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 2697638 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2338440 | BOY |
| EOY | 1892056 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21562590 | BOY |
| EOY | 21123142 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2454391 | BOY |
| EOY | 2454391 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 6344928 | BOY |
| EOY | 7558866 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 35875778 | BOY |
| EOY | 35542209 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2106650 | BOY |
| EOY | 2211347 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7739391 | BOY |
| EOY | 8079459 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1250000 | BOY |
| EOY | 1250000 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4149380 | BOY |
| EOY | 4482605 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15245421 | BOY |
| EOY | 16023411 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 19725802 | BOY |
| EOY | 18227815 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 904555 | BOY |
| EOY | 1290983 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 20630357 | BOY |
| EOY | 19518798 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 35875778 | BOY |
| EOY | 35542209 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | 323934 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | -1435493 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantially All Dues Nondeduct | 0 | SubstantiallyAllDuesNondeduct |
| Only In House Lobbying | 0 | OnlyInHouseLobbying |
| Agree To Carryover Prior Year | 0 | AgreeToCarryoverPriorYear |
| Dues Assessments | 4748057 | DuesAssessments |
| Non Ded Lobby Political Current | 48256 | NonDedLobbyPoliticalCurrent |
| Non Ded Lobby Political Total | 48256 | NonDedLobbyPoliticalTotal |
| Amount To Be Carried Over | 0 | AmountToBeCarriedOver |
| Taxable | $48,256 | TaxableAmount |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovements
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 1833545 | OtherCostOrOtherBasis |
| Depreciation | 969674 | Depreciation |
| Book Value | 863871 | BookValue |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 698540 | OtherCostOrOtherBasis |
| Depreciation | 373476 | Depreciation |
| Book Value | 325064 | BookValue |
Other Land Buildings OtherLandBuildings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 2057609 | OtherCostOrOtherBasis |
| Depreciation | 1354488 | Depreciation |
| Book Value | 703121 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 1892056 | TotalOfBookValueLandBuildings |
Other Assets OtherAssets (5 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| DEFERRED COMPENSATION | 2275566 |
| DUE FROM AFP CANADA | 580866 |
| DUE FROM GT NEWS | 4373272 |
| DUE FROM BOBSGUIDE | 296613 |
| DUE FROM ASSOCIATION | 32549 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 7558866 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (7 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| DEFERRED COMPENSATION | $2,275,566 |
| DEFERRED RENT | $1,430,782 |
| CAPITAL LEASE PAYABLE, CURRENT PORTION | $8,792 |
| DUE TO AFP CANADA | $669,823 |
| CAPITAL LEASE PAYABLE, NET OF CURRENT PORTION | $3,808 |
| DUE TO ASSOCIATION | $32,549 |
| DUE TO C-STREAM | $61,285 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 4482605 | TotalOfAmounts |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: | Identifier |
| Return Reference | PART X: | ReturnReference |
| Explanation | THE ASSOCIATION IS EXEMPT FROM THE PAYMENT OF FEDERAL INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. HOWEVER, THE ASSOCIATION IS SUBJECT TO INCOME TAX ON UNRELATED BUSINESS INCOME ACTIVITY. AFPC IS EXEMPT FROM THE PAYMENT OF CANADIAN INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER SECTION 149 (1) E OF THE INCOME TAX ACT. C-STREAM AND MYGUIDES ARE SUBJECT TO THE UK CORPORATION TAX. FOR ITS INCOME TAX LIABILITY, THE ORGANIZATION FOLLOWS A POLICY THAT PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT PRINCIPLES FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THE ASSOCIATION'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE AND LOCAL AUTHORITIES. THE TAX RETURNS FOR THE FISCAL YEARS ENDED 2009 TO 2011 ARE OPEN FOR EXAMINATION BY FEDERAL, STATE AND LOCAL AUTHORITIES. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | 1 | WrittenPolicyReTAndEExpenses |
| Substantiation Required | 1 | SubstantiationRequired |
| Compensation Committee | X | CompensationCommittee |
| Independent Consultant | X | IndependentConsultant |
| Form990 Of Other Organizations | X | Form990OfOtherOrganizations |
| Compensation Survey | X | CompensationSurvey |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | 1 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
Form990 Schedule J Part II Form990ScheduleJPartII (12 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| JAMES KAITZ | |||||||||||||
| 487494 | 0 | 276000 | 0 | 16500 | 0 | 39577 | 0 | 17335 | 0 | 836906 | 0 | 0 | 0 |
| JOSEPH DESALVIO | |||||||||||||
| 193036 | 0 | 20000 | 0 | 16500 | 0 | 3075 | 0 | 18673 | 0 | 251284 | 0 | 0 | 0 |
| TOM DERRY | |||||||||||||
| 250036 | 0 | 70000 | 0 | 5712 | 0 | 91349 | 0 | 18479 | 0 | 435576 | 0 | 0 | 0 |
| PAUL AUCHINCLOSS | |||||||||||||
| 186784 | 0 | 150855 | 0 | 16500 | 0 | 65352 | 0 | 15958 | 0 | 435449 | 0 | 0 | 0 |
| JEFF GLENZER | |||||||||||||
| 169540 | 0 | 21500 | 0 | 16500 | 0 | 33847 | 0 | 17449 | 0 | 258836 | 0 | 0 | 0 |
| DAVE LEWIS | |||||||||||||
| 139968 | 0 | 22500 | 0 | 14600 | 0 | 21810 | 0 | 14975 | 0 | 213853 | 0 | 0 | 0 |
| ROBERT GREENE | |||||||||||||
| 75650 | 0 | 99068 | 0 | 0 | 0 | 29346 | 0 | 16358 | 0 | 220422 | 0 | 0 | 0 |
| ELIZABETH JOHNS | |||||||||||||
| 137555 | 0 | 17000 | 0 | 16500 | 0 | 25729 | 0 | 2032 | 0 | 198816 | 0 | 0 | 0 |
| CRAIG MARTIN | |||||||||||||
| 165196 | 0 | 6553 | 0 | 0 | 0 | 29226 | 0 | 15087 | 0 | 216062 | 0 | 0 | 0 |
| BRIAN KALISH | |||||||||||||
| 157564 | 0 | 10000 | 0 | 0 | 0 | 28473 | 0 | 16395 | 0 | 212432 | 0 | 0 | 0 |
| KEVIN ROTH | |||||||||||||
| 139802 | 0 | 21500 | 0 | 16500 | 0 | 28241 | 0 | 20013 | 0 | 226056 | 0 | 0 | 0 |
| RENEE JOE | |||||||||||||
| 32427 | 0 | 0 | 0 | 51692 | 0 | 2075 | 0 | 2532 | 0 | 88726 | 0 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation |
|---|---|
| PART I, LINE 1A | JAMES KAITZ - HEALTH CLUB DUES $1270, INCLUDED IN TAXABLE WAGES |
| PART I, LINE 4A | RENEE JOE, FORMER MANAGING DIRECTOR OF MARKETING RECEIVED $51,692 OF SEVERANCE PAYMENTS. |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (10 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| CHANGES IN PROGRAM SERVICES | FORM 990, PART III, LINE 3 | THE TREASURY MANAGEMENT FORUM IS NO LONGER OFFERED. |
| FORM 990, PART VI, SECTION A, LINE 6 | 1. PRACTITIONER MEMBER - AN INDIVIDUAL IS A PRACTITIONER MEMBER IF HE OR SHE IS INVOLVED IN FINANCIAL MANAGEMENT FUNCTIONS WITHIN HIS OR HER ORGANIZATION AND IS A MAJOR PARTICIPANT IN DECISION-MAKING REGARDING SUCH FUNCTIONS. 2. ASSOCIATE MEMBER - AN INDIVIDUAL WILL BE CONSIDERED AN ASSOCIATE MEMBER IF HE OR SHE DOES NOT MEET THE MEMBERSHIP CRITERIA TO BE A PRACTITIONER MEMBER, BUT IS INVOLVED IN, OR INTERESTED IN, FINANCIAL MANAGEMENT ACTIVITIES SUCH AS BANKING, CONSULTING, ETC. 3. ACADEMIC MEMBER - AN INDIVIDUAL IS AN ACADEMIC MEMBER IF HE OR SHE IS EMPLOYED FULL TIME BY A POST-SECONDARY EDUCATIONAL INSTITUTION AND HIS/HER PRINCIPAL DUTIES INVOLVE TEACHING AND RESEARCH IN MATTERS RELATED TO TREASURY AND FINANCIAL MANAGEMENT. 4. STUDENT MEMBER - AN INDIVIDUAL IS A STUDENT MEMBER IF HE/SHE IS A COLLEGE OR UNIVERSITY JUNIOR, SENIOR OR GRADUATE LEVEL STUDENT MAJORING IN A BUSINESS OR FINANCE RELATED FIELD. | |
| FORM 990, PART VI, SECTION A, LINE 7A | ONLY PRACTITIONER MEMBERS ARE ALLOWED TO VOTE ON ASSOCIATION FOR FINANCIAL PROFESSIONALS MATTERS AND HOLD OFFICE IN THE ASSOCIATION FOR FINANCIAL PROFESSIONALS. PRACTITIONERS ELECT A SLATE OF BOARD CANDIDATES BY DIRECT BALLOT. | |
| FORM 990, PART VI, SECTION A, LINE 7B | PRACTITIONER MEMBERS CAN VOTE ON ALL ASSOCIATION FOR FINANCIAL PROFESSIONALS MATTERS INCLUDING CHANGES TO GOVERNING DOCUMENTS. | |
| FORM 990, PART VI, SECTION B, LINE 11 | THE ASSOCIATION'S MANAGEMENT REVIEWS THE FORM 990 IN DETAIL AND THEN PROVIDES AN ELECTRONIC COPY OF THE REVIEWED DRAFT FOR BOARD MEMBERS TO ACCESS FOR REVIEW AND ASK QUESTIONS PRIOR TO FILING WITH THE IRS. | |
| FORM 990, PART VI, SECTION B, LINE 12C | ALL EMPLOYEES AND ALL MEMBERS OF THE BOARD OF DIRECTORS ARE REQUIRED TO CERTIFY ANNUALLY THAT THEY WILL COMPLY WITH ASSOCIATION POLICY ON CONFLICTS OF INTEREST AND DISCLOSE CONFLICTS OF INTEREST. INFORMATION CONCERNING POSSIBLE VIOLATIONS OF ASSOCIATION POLICY ARE TO BE REPORTED TO SENIOR MANAGEMENT (CEO, COO, CFO OR DIRECTOR OF HR) OR, IN THE CASE OF INFORMATION CONCERNING FINANCIAL CONFLICTS OF INTEREST, MAY BE REPORTED DIRECTLY TO THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS. POTENTIAL CONFLICTS ARE ADDRESSED ON A CASE-BY-CASE BASIS BY THE APPROPRIATE LEVEL OF MANAGEMENT OR BY THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS. IF A CONFLICT IS DETERMINED TO EXIST AT THE BOARD LEVEL, THE INDIVIDUAL IS NOT PERMITTED TO VOTE ON THE TRANSACTION. ALL PROCEEDINGS RELATED TO CONFLICT OF INTEREST ARE NOTED IN THE MEETING MINUTES. THIS WAS MOST RECENTLY COMPLETED IN 2012. | |
| FORM 990, PART VI, SECTION B, LINE 15 | THE BOARD RETAINS AN INDEPENDENT CONSULTANT TO RECOMMEND CHANGES TO PRESIDENT/CEO COMPENSATION. THE CONSULTANT MAKES RECOMMENDATIONS TO THE PRESIDENT/CEO OVERSIGHT COMMITTEE OF THE BOARD BASED ON ANALYSIS OF PRESIDENT/CEO COMPENSATION AT PEER ORGANIZATIONS AS DETERMINED BY THE BOARD OF DIRECTORS. THE MOST RECENT YEAR THE PROCESS TOOK PLACE WAS 2010. THE NEXT IS SCHEDULED FOR 2012-2013. THE PROCESS FOR DETERMINING COMPENSATION LEVELS FOR OTHER OFFICERS AND KEY EMPLOYEES INCLUDES ANALYSIS OF EACH POSITION BASED ON BENCHMARKS AGAINST OTHER ORGANIZATIONS OF SIMILAR SIZE AND COMPLEXITY BY THE ASSOCIATION'S HUMAN RESOURCES DEPARTMENT. ANNUAL EMPLOYEE REVIEWS ARE CONDUCTED BY THE PRESIDENT/CEO OR DIRECT SUPERVISOR, AS APPLICABLE TO BE USED IN DETERMINING INDIVIDUAL COMPENSATION CHANGES. THE MOST RECENT YEAR THE PROCESS TOOK PLACE WAS 2012. | |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ASSOCIATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMETNS ARE NOT MADE AVAILABLE TO THE PUBLIC. | |
| CHANGES IN NET ASSETS OR FUND BALANCES: | FORM 990, PART XI, LINE 5: | NET UNREALIZED LOSSES ON INVESTMENTS: -1,436,686. FOREIGN CURRENCY GAIN 1,193. TOTAL TO FORM 990, PART XI, LINE 5: -1,435,493. |
| FORM 990, PART XII, LINE 2C: | NO CHANGE IN METHOD FROM PRIOR YEAR |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ASSOCIATION FOR FINANCIAL PROFESSIONALS OF CANADA | BusinessNameLine1 |
Address Foreign AddressForeign
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 40 KING STREET WEST 5800 | AddressLine1 |
| City | TORONTO | City |
| Province Or State | ONTARIO | ProvinceOrState |
| Country | CA | Country |
| Postal Code | M5H3S1 | PostalCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 863274908 | EIN |
| Primary Activities | MEMBER ASSOCIATION | PrimaryActivities |
| Legal Domicile Foreign Country | CA | LegalDomicileForeignCountry |
| Direct Controlling Entity NA | N/A | DirectControllingEntityNA |
| Controlled Org | 0 | ControlledOrg |
Form990 Schedule R Part IV Form990ScheduleRPartIV (2 entries)
| Address Line1AddressForeign/AddressLine1 | CityAddressForeign/City | Province Or StateAddressForeign/ProvinceOrState | CountryAddressForeign/Country | Postal CodeAddressForeign/PostalCode | Primary ActivityPrimaryActivity | Legal Domicile Foreign CountryLegalDomicileForeignCountry | Business Name Line1DirectControllingEntityName/BusinessNameLine1 | Type Of EntityTypeOfEntity | Share Of Total IncomeShareOfTotalIncome | Share Of EOY AssetsShareOfEOYAssets | Percentage OwnershipPercentageOwnership |
|---|---|---|---|---|---|---|---|---|---|---|---|
| C-STREAM LTD DBA GTNEWS | |||||||||||
| 3RD FLOOR NORTHUMBERLAND HOUSE 155- | LONDON | LONDON | UK | W1W 6QP | WEB BASED GLOBAL TREASURY/FINANCE RESOURCE | UK | ASSOCIATION FOR FINANCIAL PROFESSIONALS | C | -536398 | 3138736 | 1.00000 |
| MYGUIDES LTD DBA BOBSGUIDE | |||||||||||
| 3RD FLOOR NORTHUMBERLAND HOUSE 155- | LONDON | LONDON | UK | W1W 6QP | ADVERTISING RESOURCE FOR THE FINANCIAL COMMUNITY | UK | ASSOCIATION FOR FINANCIAL PROFESSIONALS | C | 31289 | 1004883 | 1.00000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 1 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 0 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 1 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 1 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 1 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 1 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 1 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable (9 entries)
| Transaction TypeTransactionType | Amount InvolvedAmountInvolved | Method Of Amt DeterminationMethodOfAmtDetermination |
|---|---|---|
| AFPC | ||
| O | 269387 | BOOK VALUE |
| AFPC | ||
| P | 215046 | BOOK VALUE |
| C-STREAM | ||
| A | 153549 | BOOK VALUE |
| C-STREAM | ||
| D | 2896203 | BOOK VALUE |
| C-STREAM | ||
| K | 239156 | BOOK VALUE |
| MY GUIDES | ||
| K | 182781 | BOOK VALUE |
| C-STREAM | ||
| O | 61285 | BOOK VALUE |
| MY GUIDES | ||
| P | 44988 | BOOK VALUE |
| C-STREAM | ||
| P | 185791 | BOOK VALUE |