2022-09-09T10:21:37-05:00 2021-12-31 221478099 COHNREZNICK LLP 14 SYLVAN WAY PARSIPPANY NJ 070543801 990 2021-01-01 136168775 AICPA BENEVOLENT FUND INC AICP 9194024500 220 LEIGH FARM ROAD DURHAM NC 27707 TIMOTHY LASPALUTO TREASURER 9194024500 2022-09-08 1 TIMOTHY LASPALUTO 999009999 LORI ROTHE YOKOBOSKY CPA P01273422 9732283500 2022-08-30 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z TIMOTHY LASPALUTO 220 LEIGH FARM ROAD DURHAM NC 27707 1812314 0 X WWW.AICPA.ORG X 1933 NY THE AIPCA BENEVOLENT FUND, INC. PROVIDES TEMPORARY FINANCIAL ASSISTANCE TO MEMBERS IN GOOD STANDING OF THE AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS AND THEIR FAMILIES. 9 9 0 0 0 0 267080 254235 0 0 312943 562681 0 0 580023 816916 134476 139672 0 0 0 0 0 0 0 132085 165962 266561 305634 313462 511282 11750530 13348018 3779 22196 11746751 13325822 TO PROVIDE FINANCIAL ASSISTANCE TO MEMBERS OF THE AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS THAT ARE IN NEED AND THEIR FAMILIES. 0 0 139672 139672 THE FUND PROVIDES ASSISTANCE WITH MEETING DAILY SUBSISTENCE EXPENSES, AND MEDICAL AND PRESCRIPTION EXPENSES THAT EXCEED INSURANCE COVERAGE BROUGHT ABOUT BY SERIOUS ILLNESS, AN ACCIDENT, OR THE DEATH OF THE PRIMARY SOURCE OF FAMILY INCOME. DURING CALENDAR YEAR 2021, 8 INDIVIDUALS RECEIVED ASSISTANCE. 139672 1 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 1 1 1 1 1 0 0 0 1 1 1 1 1 0 0 0 NC X TIMOTHY LASPALUTO 9194024500 220 LEIGH FARM ROAD DURHAM NC 27707 BETH A REHO TRUSTEE 0.30 X 0 0 0 BILLY GENE WILLIAMS TRUSTEE 0.30 X 0 0 0 DANIEL R MILLER TRUSTEE (OUTGOING) 0.30 X 0 0 0 DOMINIC ORTIZ BOARD LIAISON 0.30 1.50 X 0 0 0 KATHRYN R LOCKHART TRUSTEE 0.30 X 0 0 0 KRISTINE HULL TRUSTEE 0.30 X 0 0 0 PAULA C HANSON TRUSTEE 0.30 X 0 0 0 ROBERT WALKER TAYLOR PRESIDENT 0.30 X X 0 0 0 RONALD A GITZ TRUSTEE 0.30 X 0 0 0 SHEILA BALZER BOARD LIAISON (OUTGOING) 0.30 6.00 X 0 0 0 STEVEN SCOTT VOYNICH TRUSTEE 0.30 X 0 0 0 TIMOTHY J LASPALUTO TREASURER 0.30 40.00 X 0 345679 55645 0 345679 55645 0 0 1 0 0 254235 254235 166865 166865 1391214 995398 395816 395816 395816 816916 0 0 562681 X 139672 139672 19589 19589 22426 22426 87835 87835 6500 6500 4765 4765 OTHER EXPENSES 24847 24847 305634 139672 165962 0 245005 323273 289972 201151 9680725 11209746 1534828 1613848 11750530 13348018 430 18310 3349 3886 3779 22196 X 11746751 13325822 11746751 13325822 11750530 13348018 511282 1067789 0 X X 0 1 X 1 0 X 352480 260373 216517 267080 254235 1350685 352480 260373 216517 267080 254235 1350685 35438 1315247 160479 162380 191004 148917 166865 829645 2180330 0.60320 0.58160 X 0 GLOBAL EQUITY LONG-ONLY FUND LP 1613848 F 1613848 DUE FROM AFFILIATES 3886 3886 X 1927586 1067789 65307 1133096 794490 22426 22426 816916 348515 65307 65307 283208 22426 22426 305634 PART X, LINE 2: THE BENEVOLENT FUND IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE BENEVOLENT FUND HAS NO UNRECOGNIZED TAX BENEFITS AT DECEMBER 31, 2021 AND 2020. THE BENEVOLENT FUND'S U.S. FEDERAL INCOME TAX RETURNS PRIOR TO 2018 ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. AS OF DECEMBER 31, 2021 AND 2020, THE BENEVOLENT FUND DID NOT RECOGNIZE ANY INTEREST AND PENALTIES ASSOCIATED WITH TAX MATTERS. 1 CASH ASSISTANCE FOR LIVING AND MEDICAL EXPENSES 8 139672 PART I, LINE 2: ALL RECIPIENTS ARE REQUIRED TO SUBMIT AN APPLICATION ON A SEMI-ANNUAL BASIS. AFTER REVIEWING THE FACTS, CIRCUMSTANCES AND SUPPORTING DOCUMENTATION FOR EACH APPLICATION, THE BOARD WILL DETERMINE WHETHER TO GRANT, CONTINUE, AMEND OR TERMINATE FINANCIAL ASSISTANCE TO AN APPLICANT OR RECIPIENT. 0 1 0 0 0 0 0 0 0 TIMOTHY J LASPALUTO TREASURER 0 278434 0 42496 0 24749 0 34725 0 27614 0 408018 0 28500 FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF THE FUND SHALL BE THOSE PERSONS WHO, FROM TIME TO TIME, ARE THE MEMBERS OF THE BOARD OF DIRECTORS OF THE AICPA. FORM 990, PART VI, SECTION A, LINE 7A THE PRESIDENT AND APPOINTED MEMBERS SHALL CONSTITUTE THE FUND'S BOARD OF TRUSTEES. THE AICPA SHALL APPOINT A SECRETARY/TREASURER TO THE FUND. THIS PERSON SHALL BE A STAFF PERSON OF THE AICPA AND WILL BE DEEMED AN OFFICER OF THE FUND. FORM 990, PART VI, SECTION A, LINE 7B EVERY MEMBER OF THE BENEVOLENT FUND SHALL BE ENTITLED TO ATTEND ALL MEETINGS OF THE FUND AND TO CAST A VOTE UPON MATTERS BROUGHT BEFORE SUCH MEETING. FORM 990, PART VI, SECTION B, LINE 11B AN INDEPENDENT CPA TAX PROFESSIONAL PREPARES FORM 990 AND BOARD MEMBERS FEEL THAT THIS IS THE APPROPRIATE FIDUCIARY PROCESS. THE AUDIT COMMITTEE'S ROLE IS TO EVALUATE THE PERSON OR FIRM HIRED TO PREPARE THE RETURN AND DETERMINE IF IT IS APPROPRIATELY FILED. FORM 990, PART VI, SECTION B, LINE 12C THE FUND MONITORS AND ENFORCES COMPLIANCE WITH THE POLICY BY SUCH ACTIONS AS A REVIEW OF HIRED CONSULTANTS TO DETERMINE IF INDEPENDENCE DOES EXIST AND AN ENVIRONMENTAL SCAN OF BUSINESS NEWS TO ENSURE THAT NO CONFLICTS EXIST. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 87,835. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 87,835. FORM 990, PART XII, LINE 2C THE PROCESS HAS NOT CHANGED SINCE THE PRIOR YEAR. ACCOUNTING RESEARCH ASSOCIATION INC 220 LEIGH FARM ROAD DURHAM NC 27707 136227058 PROMOTE THE PROGRESS AND THE OTHER ASPECTS OF PROFESSIONAL ACCOUNTANCY DC 501(C)(6) AICPA 0 AICPA 220 LEIGH FARM ROAD DURHAM NC 27707 130432265 MEMBERSHIP ORG FOR THE ACCOUNTING PROFESSION DC 501(C)(6) N/A 0 AICPA FOUNDATION 220 LEIGH FARM ROAD DURHAM NC 27707 136169602 ADVANCES ACCOUNTING PROFESSION AND EDUCATION DIVERSITY DC 501(C)(3) LINE 7 AICPA 0 AICPA POLITICAL ACTION COMMITTEE 220 LEIGH FARM ROAD DURHAM NC 27707 132937976 CONTRIBUTES TO CANDIDATES FOR FEDERAL ELECTIVE OFFICE DC 527 AICPA 0 INSTITUTE FOR ACCOUNTING PROFESSIONALS IN THE AMERICAS 66 WELLINGTON STREET WEST SUITE 53 TORONTO ONTARIO CA M5K 1E6 SAME AS AICPA CA AICPA 0 CPACOM 1345 AVE OF THE AMERICAS NEW YORK NY 10019 223731549 BRINGS INNOVATIVE SOLUTIONS TO THE ACCOUNTING PROFESSION DE N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0