2024-04-03T11:30:20-05:00 2023-05-31 221478099 COHNREZNICK LLP 1301 AVENUE OF THE AMERICAS NEW YORK NY 10019 990 2022-06-01 131101547 THE NEW YORK STATE SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS NEWY 2127198300 200 MADISON AVENUE 11TH FLOOR NEW YORK NY 10016 CALVIN HARRIS JR CHIEF EXECUTIVE OFFICER 2127198300 2024-04-15 1 CALVIN HARRIS JR XXX-XX-XXXX 1 LORI ROTHE YOKOBOSKY CPA P01273422 2122970400 2024-04-01 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X CALVIN HARRIS JR 200 MADISON AVENUE 11TH FLOOR NEW YORK NY 10016 11324745 0 X WWW.NYSSCPA.ORG X 1897 NY TO CULTIVATE, PROMOTE, AND DISSEMINATE KNOWLEDGE AND INFORMATION CONCERNING CERTIFIED PUBLIC ACCOUNTANTS. 38 38 42 2125 162951 0 8773918 7685669 825126 841929 256906 133576 244993 209942 10100943 8871116 868081 1622172 0 0 3759104 3703862 0 0 0 3557766 4160535 8184951 9486569 1915992 -615453 15747345 15783714 4259449 5023963 11487896 10759751 X THE NEW YORK STATE SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS (NYSSCPA) IS ONE OF THE LARGEST STATE ACCOUNTING ORGANIZATIONS IN THE NATION WITH APPROXIMATELY 20,000 MEMBERS. IT WAS INCORPORATED IN 1897 FOR THE FOLLOWING PURPOSES: TO CULTIVATE, PROMOTE, AND DISSEMINATE KNOWLEDGE AND INFORMATION CONCERNING CERTIFIED PUBLIC ACCOUNTANTS, TO ESTABLISH AND MAINTAIN HIGH STANDARDS OF INTEGRITY, HONOR, AND CHARACTER AMONG CERTIFIED PUBLIC ACCOUNTANTS, TO FURNISH INFORMATION REGARDING ACCOUNTANCY AND THE PRACTICE AND METHODS THEREOF TO ITS MEMBERS AND THE GENERAL PUBLIC TO PROTECT THE INTEREST OF ITS MEMBERS AND THE GENERAL PUBLIC WITH RESPECT TO THE PRACTICE OF ACCOUNTANCY. THE SOCIETY FULFILLS ITS MISSION THROUGH ITS 14 CHAPTERS, MORE THAN 60 TECHNICAL AND ADMINISTRATIVE COMMITTEES, AND A 39-VOTING-MEMBER BOARD OF DIRECTORS. THE ADMINISTRATIVE OPERATIONS ARE UNDER THE DIRECTION OF THE CEO, ASSISTED BY PROFESSIONAL STAFF. 0 0 MEMBERSHIP SERVICESNYSSCPA PRODUCED 10 COMMENT LETTERS DURING THE 2022-2023 FISCAL YEAR THAT WERE SENT TO REGULATORS SUCH AS THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB), AMERICAN INSTITUTE OF CPAS (AICPA) PROFESSIONAL ETHICS EXECUTIVE COMMITTEE, INTERNATIONAL SUSTAINABILITY STANDARDS BOARD (ISSB), NATIONAL ASSOCIATION OF STATE BOARDS OF ACCOUNTANCY (NASBA), NEW YORK STATE OFFICE OF CANNABIS MANAGEMENT, AICPA AND THE INSTITUTE OF INTERNAL AUDITOR (IIA). A LETTER WAS ALSO SENT TO THE DORMITORY AUTHORITY OF THE STATE OF NEW YORK (DASNY) AND NEW YORK STATE OFFICE OF CANNABIS MANAGEMENT (OCM) REGARDING THE SELECTION OF CPAS AND ACCOUNTING FIRMS BY CONDITIONAL ADULT-USE RETAIL DISPENSARY (CAURD) APPLICANTS AND LICENSEES.THESE MORE THAN 50 COMMITTEES MET, COLLECTIVELY, MORE THAN 400 TIMES IN THE 2022-2023 FISCAL YEAR AND PRODUCED NEARLY 20 FULL-DAY CONFERENCES AS PART OF THEIR ANNUAL ACTIVITIES, INCLUDING THE 44TH ANNIVERSARY EDITION OF THE ANNUAL NOT-FOR-PROFIT CONFERENCE. NYSSCPA COMMITTEES ALSO PROVIDE A FORUM FOR HIGH-LEVEL TECHNICAL DISCUSSION AND PROFESSIONAL RESOURCES, SKILL DEVELOPMENT AND NETWORKING OPPORTUNITIES FOR THE MEMBERSHIP AS WELL AS FOR EXTERNAL AUDIENCES.ADVOCACY PLAYED A BIG ROLE IN THE 2022-2023 FISCAL YEAR FOR THE NYSSCPA. THE NYSSCPA MODIFIED ITS ANNUAL LEGISLATIVE AGENDA TO CONTINUE ITS WORK STRENGTHENING THE PROFESSION AND CONTINUING TO PROTECT THE PUBLIC THAT THE PROFESSION IS LICENSED TO SERVE. THE NYSSCPA'S GOVERNMENT RELATIONS TEAM WAS ABLE TO WORK WITH THE NEW YORK STATE LEGISLATURE AND EXECUTIVE BRANCH TO SCORE MAJOR WINS WITH BILLS EFFECTING PASS-THROUGH ENTITY TAX (PTET) AND EXTENDING IMPORTANT TAX FILINGS. THE PTET BILL PROVIDED FOR THE OPTION OF FILING AS AN "ELECTING RESIDENT S CORPORATION", AS DEFINED AS "AN ELECTING S CORPORATION THAT CERTIFIES AT THE TIME OF ITS ELECTION THAT ALL ITS SHAREHOLDERS ARE RESIDENT OF NEW YORK FOR PURPOSES OF ARTICLE TWENTY-TWO OF THIS CHAPTER." THE RESIDENT S CORPORATION WOULD EXIST IN DISTINCTION FROM AN "ELECTING STANDARD S CORPORATION." IN ADDITION, THE LEGISLATION INCLUDED A PROVISION ESTABLISHING A CITY PASS-THROUGH ENTITY TAX FOR ELECTING CITY PARTNERSHIPS AND CITY RESIDENT S CORPORATION. THE NYSSCPA TEAM WORKED WITH STATE SENATOR JOHN LIU AND ASSEMBLY MEMBER AMY PAULIN TO PREVENT UNEVEN TAX DEADLINES BETWEEN THE STATE TAX DEPARTMENT AND THE IRS BY AUTHORIZING THE COMMISSIONER OF TAXATION AND FINANCE TO EXTEND THE STATE TAX FILING DEADLINES BEYOND THE 90-DAY PERIOD IF THE FEDERAL TAX DEADLINES HAVE BEEN EXTENDED. THE NYSSCPA CONTINUED ITS ONGOING EFFORTS TO ADVOCATE FOR AN EXTENSION TO THE PRESENT E-SIGNATURE LAW, REFORMING LANGUAGE AROUND THE FALSE CLAIMS ACT, ENACTING NON-CPAS ACCESS TO OWN MINORITY SHARES IN CPA FIRMS, AND FINANCIAL LITERACY IN SCHOOLS. TO HELP MEMBERS STAY ABREAST OF THE NYSSCPA'S ACTIVE LEGISLATIVE EFFORTS, THE NYSSCPA MAINTAINED THE LEGISLATIVE UPDATE. THE LEGISLATIVE UPDATE IS A VIRTUAL NEWSLETTER THAT COVERS AN IN-DEPTH, HIGH-LEVEL LOOK INTO THE NYSSCPA ADVOCACY EFFORTS, HOW THEY ARE WORKING ON BEHALF OF MEMBERS, LEGISLATIVE VICTORIES, SPOTLIGHTS ON THE LEGISLATIVE AGENDA, NEWS ARTICLES, NYSSCPA COMMENT LETTERS AND MORE. THE NYSSCPA CONCLUDED THE FISCAL YEAR ON A HIGH NOTE CELEBRATING 126 YEARS AS A STATE SOCIETY AT ITS ANNUAL MEETING IN MAY. NYSSCPA CHAPTERSEACH YEAR, THE NYSSCPA OFFICERS AND CEO MEET WITH THE SOCIETY'S CHAPTERS TO PROVIDE AN UPDATE TO MEMBERS ABOUT THE SOCIETY'S ACTIVITIES AND COLLECT FEEDBACK REGARDING THE SOCIETY'S PRIORITIES, PROGRAMS AND VALUE TO MEMBERS. MULTIPLE CHAPTERS COLLABORATED AND HELD TOWN HALLS/PIUS, AND CPA ETHICS UPDATE MEETINGS. THE CPA JOURNALTHE CPA JOURNAL, THE VOICE OF THE PROFESSION, IS THE NYSSCPA'S FLAGSHIP PUBLICATION AND AN INTERNATIONALLY RECOGNIZED BI-MONTHLY, DOUBLE-BLIND PEER REVIEWED PUBLICATION. THE CPA JOURNAL FOCUSES ON THE TECHNICAL, PRACTICAL, AND INFORMATIONAL NEEDS OF CPAS AND OTHER ACCOUNTING AND FINANCE PROFESSIONALS. THIS YEAR MARKED THE 93RD YEAR OF CONTINUOUS PUBLICATION IN ANOTHER YEAR OF CHALLENGES FOR THE PROFESSION. THE JOURNAL HAS RESPONDED QUICKLY TO THE CHALLENGES FACING PRACTITIONERS BY PROVIDING ACTIONABLE GUIDANCE AND INSIGHTFUL ADVICE RELATING TO STAFFING SHORTAGES, MANAGING A REMOTE WORK FORCE, CYBERSECURITY TECHNIQUES TO ENSURE FINANCIAL INTEGRITY AND SECURITY AND HANDLING THE NEW REGULATORY ENVIRONMENT. OVER THE PAST FEW YEARS, IN ADDITION TO THE PANDEMIC, A SERIES OF SIGNIFICANT EVENTS OUTSIDE OF THE PROFESSION INFORMED A NUMBER OF ARTICLES AND CREATED NEW COLUMNS ON DIVERSITY, EQUITY, AND INCLUSION, AGEISM AND OTHERS. ARTICLES FOCUSED ON THE BENEFITS TO FIRMS AND THE PUBLIC OF A MORE DIVERSE AND INCLUSIVE PROFESSION IN SERVICE TO THE PUBLIC. THE CPA JOURNAL ALSO PUBLISHED ARTICLES ON HOW TO HAVE A CONVERSATION ABOUT RACE AND RACISM WITHIN ACCOUNTING FIRMS AND HOW TO RECRUIT AND RETAIN A DIVERSE WORKFORCE. FOR THE FIRST TIME, CPA JOURNAL FEATURED ARTICLES WRITTEN BY LEADERS OF THE CHINESE AMERICAN SOCIETY OF CPAS. IN RECENT YEARS, THE QUALITY OF THE JOURNAL'S CONTENT HAS BEEN RECOGNIZED BY FOLIO, PLACING THE MAGAZINE AS A FINALIST IN FOUR CATEGORIES IN THE PREMIER EDDIE AND OZZIE AWARDS CEREMONIES AND IN FIVE CATEGORIES AT THE FOLIO MAGAZINE AWARDS CONFERENCE. IN ADDITION, THROUGH OUR OPEN ACCESS WEBSITE, CPAJOURNAL.COM CONTINUES TO GROW. WITH WEEKLY RELEASES, OUR MONTHLY VIEWERSHIP HAS EXCEEDED OVER 200,000 MONTHLY VIEWERS AND OVER 2.1 MILLION VIEWERS FOR THE YEAR, MAKING CPAJOURNAL.COM AMONG THE TOP LEADING ONLINE PROFESSIONAL PUBLICATIONS ON THE INTERNATIONAL ACCOUNTING AND FINANCE LANDSCAPE. THE SITE ALSO CONTINUES TO ADD NEW EPISODES OF OUR AWARD-WINNING VOICES OF THE PROFESSION VIDEO SERIES WHICH FEATURES INTERNATIONAL ACCOUNTING LUMINARIES AND GLOBAL THOUGHT LEADERS. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 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 1 0 1 23 0 1 42 1 1 1 0 0 0 0 0 0 0 X 38 38 0 0 0 0 1 1 1 1 1 0 1 1 1 1 1 1 1 1 1 0 0 X X PATRICK PAYANO 2127198337 200 MADISON AVENUE 11TH FLOOR NEW YORK NY 10016 A'ISHA TORRENCE DIRECTOR 1.00 X 0 0 0 ALEXANDER RESNICK VICE PRESIDENT 1.00 X X 0 0 0 BARBARA A MARINO VICE PRESIDENT 4.00 3.00 X X 0 0 0 CRAIG A ZELLAR DIRECTOR 1.00 X 0 0 0 DENISE M STEFANO DIRECTOR-AT-LARGE 1.00 1.00 X 0 0 0 EDWARD N LEE DIRECTOR-AT-LARGE 1.00 X 0 0 0 JENNIFER STONE DIRECTOR 1.00 X 0 0 0 JOHN A MOURER DIRECTOR 1.00 X 0 0 0 JOHN B HUTTLINGER DIRECTOR 1.00 X 0 0 0 JOHN M SPATOLA DIRECTOR-AT-LARGE 1.00 X 0 0 0 KATELYN KOGAN DIRECTOR-AT-LARGE 1.00 X 0 0 0 KEVIN MATZ DIRECTOR-AT-LARGE 6.00 1.00 X 0 0 0 LENORE SANCHEZ ROCKLAND CHAPTER REP 1.00 X 0 0 0 LIREN WEI PRESIDENT-ELECT 1.00 1.00 X X 0 0 0 LISA A MRKALL DIRECTOR 1.00 X 0 0 0 LYNNE M FUENTES PRESIDENT 1.00 X X 0 0 0 MARK FARBER DIRECTOR-AT-LARGE 1.00 X 0 0 0 MARK M ULRICH DIRECTOR 1.00 X 0 0 0 MICHAEL R DURANT DIRECTOR-AT-LARGE 1.00 1.00 X 0 0 0 MICHAEL R KOEPPEL DIRECTOR-AT-LARGE 1.00 X 0 0 0 NATALIE VERBANAC DIRECTOR 1.00 X 0 0 0 ORUME A HAYS VICE PRESIDENT 1.00 X X 0 0 0 PHILIP J LONDON DIRECTOR-AT-LARGE 1.00 X 0 0 0 PHILIP MARCIANO DIRECTOR 1.00 X 0 0 0 RAMONA CEDENO DIRECTOR-AT-LARGE 1.00 X 0 0 0 RONALD F RIES DIRECTOR 1.00 X 0 0 0 RUMBI BWERINOFA-PETROZZELLO IMMEDIATE PAST PRESIDENT 1.00 1.00 X X 0 0 0 SHARON SICA-COSTANZO DIRECTOR 1.00 X 0 0 0 SHMUELI MILECKI DIRECTOR-AT-LARGE 1.00 X 0 0 0 STEPHANIE GIGLIOTTI DIRECTOR 1.00 X 0 0 0 STEVEN M MORSE VICE PRESIDENT 1.00 X X 0 0 0 TIMOTHY J DOYLE DIRECTOR 1.00 2.00 X 0 0 0 TIMOTHY J HAMMOND SECRETARY/TREASURER 4.00 2.00 X X 0 0 0 WILLIAM C HUETHER VICE PRESIDENT 1.00 X X 0 0 0 WILLIAM D RYAN DIRECTOR 1.00 X 0 0 0 WILLIAM F SCHWENK DIRECTOR-AT-LARGE 1.00 X 0 0 0 WILLIAM H DRESNACK DIRECTOR-AT-LARGE 1.00 X 0 0 0 ZACHARY GORDON DIRECTOR-AT-LARGE 1.00 X 0 0 0 CALVIN HARRIS CHIEF EXECUTIVE OFFICER 28.50 9.00 X 157169 49632 23843 JOANNE BARRY OUTGOING CHIEF EXECUTIVE OFFICER 28.50 9.00 X 248973 78623 35339 PATRICK PAYANO CHIEF FINANCIAL OFFICER 22.70 14.80 X 121788 79513 38802 REVIRA BRENNAN CHIEF OPERATING OFFICER 26.40 11.10 X 147338 61652 24517 ERNEST MARKEZIN DIRECTOR OF QUALITY ENHANCEMENT 35.30 2.20 X 226536 13820 43249 ANTOINE JULIAN FLETCHER DIRECTOR-HUMAN RESOURCES 28.10 9.40 X 96389 32130 27353 EMILY FRIZZELL CHIEF MARKETING AND COMMUNICATIONS DIRECTOR 24.40 13.10 X 87961 47364 26528 RICHARD KRAVITZ EDITOR-IN-CHIEF, CPA JOURNAL 37.50 X 112327 0 41763 TIMOTHY TWOFOOT BOULETTE GENERAL COUNSEL 22.50 15.00 X 102507 68338 16745 XIOMARA FOX MANAGER-MEMBER SERVICES 33.80 3.70 X 109016 12113 50662 1410004 443185 328801 8 0 1 0 CRAIG D WEINER CPA 399 EAST 72ND STREET APT 12D NEW YORK NY 10021 ACCOUNTING SERVICES 113100 JACKSON LEWIS PC 1133 WESTCHESTER AVENUE WEST HARRISON NY 10604 LEGAL SERVICES 112921 2 7685669 7685669 CPA JOURNAL 541900 403897 305813 98084 MEETINGS AND CONFERENCES 541900 269745 269745 THE TRUSTED PROFESSIONAL 541900 104680 98755 5925 WEBSITE ADVERTISING 541900 58942 58942 MEMBER SERVICES 541900 4665 4665 841929 208011 208011 209905 209905 2379194 2453629 -74435 -74435 -74435 37 37 37 8871116 679015 162951 343481 1622172 1011007 2005064 194290 242549 250952 93723 82275 50540 433763 16472 510523 628626 1084709 55810 525882 1002 287530 117640 CREDIT CARD FEES 222513 SALES COMMISSION 41233 BAD DEBT 7544 UBIT TAX 750 9486569 5338142 3105303 2338621 2112417 252687 299438 6437354 6006959 686275 430395 7130631 9140974 694198 989 989 15747345 15783714 933629 705517 3064158 3549253 57103 204559 769193 4259449 5023963 X 11487896 10759751 11487896 10759751 15747345 15783714 -615453 -112692 0 X 0 1 X 1 0 0 0 1 7685669 284527 694931 979458 691710 287748 995208 932652 62556 1962416 1895480 66936 3479730 3178827 300903 430395 FINANCE LEASE OBLIGATIONS 8768 OPERATING LEASE OBLIGATION 760425 769193 X 10162352 -112692 1454468 1341776 8820576 50540 50540 8871116 11130035 1694006 1694006 9436029 50540 50540 9486569 PART X, LINE 2: MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT, AS OF MAY 31, 2023 AND 2022, THERE ARE NO UNCERTAIN TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE CONSOLIDATED AND COMBINED FINANCIAL STATEMENTS. THE ORGANIZATION'S FEDERAL AND STATE INCOME TAX RETURNS PRIOR TO FISCAL YEAR 2020 ARE CLOSED, AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. PART XI, LINE 2D - OTHER ADJUSTMENTS: AFFILIATED ORGANIZATIONS' REVENUE 3,076,640. INTERCOMPANY ELIMINATIONS -1,622,172. PART XII, LINE 2D - OTHER ADJUSTMENTS: AFFILIATED ORGANIZATIONS' EXPENSES 3,316,178. INTERCOMPANY ELIMINATIONS -1,622,172. 1 FOUNDATION FOR ACCOUNTING EDUCATION INC 14 WALL STREET 19TH FLOOR NEW YORK NY 10005 237171151 501(C)(3) 1361206 0 AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE. MOYNIHAN SCHOLARSHIP FUND INC 14 WALL STREET 19TH FLOOR NEW YORK NY 10005 822444864 501(C)(3) 260966 0 AN UNRESTRICTED GRANT TO FURTHER THE DONEE'S EXEMPT PURPOSE 2 0 PART I, LINE 2: THE GRANTS ARE GIVEN TO AN AFFILIATED ORGANIZATION THAT SHARES 3 COMMON BOARD MEMBERS. THESE BOARD MEMBERS ARE ABLE TO MONITOR THE USE OF THE GRANT FUNDS. X X 1 0 0 JOANNE BARRY OUTGOING CHIEF EXECUTIVE OFFICER 160194 50587 0 0 88779 28036 14744 4656 12113 3826 275830 87105 0 0 ERNEST MARKEZIN DIRECTOR OF QUALITY ENHANCEMENT 222758 13590 0 0 3778 230 17115 1044 23647 1443 267298 16307 0 0 PATRICK PAYANO CHIEF FINANCIAL OFFICER 121537 79350 0 0 251 163 8329 5438 15146 9889 145263 94840 0 0 REVIRA BRENNAN CHIEF OPERATING OFFICER 146667 61371 0 0 671 281 6658 2786 10626 4447 164622 68885 0 0 CALVIN HARRIS CHIEF EXECUTIVE OFFICER 156807 49518 0 0 362 114 10623 3355 7497 2368 175289 55355 0 0 TIMOTHY TWOFOOT BOULETTE GENERAL COUNSEL 101980 67986 0 0 527 352 8297 5531 1749 1168 112553 75037 0 0 XIOMARA FOX MANAGER-MEMBER SERVICES 108316 12035 0 0 700 78 4631 514 40966 4551 154613 17178 0 0 EMILY FRIZZELL CHIEF MARKETING AND COMMUNICATIONS D 87607 47173 0 0 354 191 7200 3877 10043 5408 105204 56649 0 0 ANTOINE JULIAN FLETCHER DIRECTOR-HUMAN RESOURCES 96128 32043 0 0 261 87 7904 2636 12610 4203 116903 38969 0 0 RICHARD KRAVITZ EDITOR-IN-CHIEF, CPA JOURNAL 109954 0 0 0 2373 0 9745 0 32018 0 154090 0 0 0 PART I, LINE 4A JOANNE BARRY, OUTGOING CHIEF EXECUTIVE OFFICER, RECEIVED $115,000 SEVERANCE PAYMENT IN 2022. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION HAS MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A A NOMINATING COMMITTEE THAT CONSISTS OF 9 MEMBERS ELECTED BY THE MEMBERSHIP (A BALLOT IS SENT TO ALL VOTING MEMBERS IF THERE ARE MORE THAN 9 NOMINEES, IF THERE ARE FEWER THAN 9 ALL NOMINEES ARE DEEMED ELECTED) AND 2 MEMBERS APPOINTED BY THE BOARD PROPOSE A NOMINATION SLATE. IN MAKING ITS NOMINATIONS, THE NOMINATING COMMITTEE CONSIDERS THE DIVERSITY AND GEOGRAPHIC DISPERSION OF THE MEMBERSHIP. NONE OF THE NOMINEES MAY BE MEMBERS OF THE NOMINATING COMMITTEE. THERE IS ALSO A PETITION PROCESS FOR INDEPENDENT NOMINATIONS FOR AN OFFICER OR ELECTED DIRECTOR. A PROXY IS MAILED TO ALL CPA MEMBERS OF THE SOCIETY IN GOOD STANDING WITH RESPECT TO THE ELECTION OF OFFICERS OR DIRECTORS. THE PROXY SETS FORTH THE NAMES AND BACKGROUNDS OF THE NOMINEES. THE NOMINEE WITH THE LARGEST NUMBER OF VOTES, ACCORDING TO THE NUMBER TO BE ELECTED TO THE PARTICULAR OFFICE OR DIRECTORSHIP, IS ELECTED OFFICER OR DIRECTOR AT THE ANNUAL MEETING. FORM 990, PART VI, SECTION A, LINE 7B ANY PROPOSAL TO AMEND THE BYLAWS MAY BE INITIATED EITHER BY THE BOARD OR A PETITION FILED WITH THE SECRETARY AND SIGNED BY AT LEAST 100 MEMBERS. THE PROPOSAL SHALL STATE THE TEXT OF THE CHANGE TO BE MADE WITHIN 90 DAYS FOLLOWING THE INITIATION OF A PROPOSAL TO AMEND THE BYLAWS. A MEETING OF THE MEMBERS OF THE SOCIETY IS HELD TO CONSIDER THE PROPOSAL. THE PROPOSAL IS ADOPTED, IF AT LEAST TWO THIRDS OF THE VOTES CAST AT THE MEETING SHALL BE VOTED IN FAVOR. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM BASED ON AUDITED FINANCIAL STATEMENTS AND INFORMATION PROVIDED FROM MANAGEMENT. THE FORM 990 IS PROVIDED TO THE AUDIT COMMITTEE FOR REVIEW. THE BOARD OF DIRECTORS IS PROVIDED A COPY OF THE FORM 990 PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C THE NYSSCPA REQUIRES ALL BOARD MEMBERS AND EMPLOYEES, AND CERTAIN KEY VOLUNTEERS (ALL CHAPTER BOARD MEMBERS, ALL COMMITTEE CHAIRPERSONS, AND ALL MEMBERS OF CERTAIN KEY COMMITTEES) TO ANNUALLY READ THE NYSSCPA CONFLICT OF INTEREST POLICY AND SUBMIT A CONFLICT OF INTEREST DISCLOSURE STATEMENT. THE DISCLOSURE STATEMENTS ARE REVIEWED UPON RECEIPT. CONFLICTS ARE REFERRED TO LEGAL COUNSEL AND ARE DETERMINED EITHER NOT TO BE CONFLICTS OR RESULT IN RECUSAL FROM THE DECISION INVOLVING THE POTENTIAL CONFLICT. IN ADDITION, MEMBER DISCIPLINARY, PRACTICE MONITORING COMMITTEES, AND THE PROFESSIONAL ETHICS COMMITTEE IMPOSE ADDITIONAL CONFLICT PROCEDURES WHEN POTENTIAL CONFLICTS ARISE. THEY TOO ARE REFERRED TO LEGAL COUNSEL FOR AN APPROPRIATE RESPONSE. FORM 990, PART VI, SECTION B, LINE 15A THE CEO'S COMPENSATION IS EVALUATED AND APPROVED BY THE NYSSCPA BOARD OF DIRECTORS, WHICH IS PART OF THE CEO'S CONTRACT. ALL EMPLOYEES WITH THE EXCEPTION OF THE CEO RECEIVE WRITTEN AND ORAL PERFORMANCE APPRAISALS BI-ANNUALLY FROM THEIR SUPERVISORS AND FROM THE CEO. THE NUMERICAL GRADE ON EACH EVALUATION DRIVES A MERIT-BASED COMPENSATION SYSTEM. THE CEO HAS THE DISCRETION OF DETERMINING COMPENSATION FOR ALL EMPLOYEES. SALARY COMPENSATION OF ALL EMPLOYEES WITH THE EXCEPTION OF THE CEO IS COMPARED TO OTHER NON-PROFIT ORGANIZATIONS IN THE SAME MARKET ON A PERIODIC BASIS. FORM 990, PART VI, SECTION C, LINE 19 THE DOCUMENTS ARE AVAILABLE UPON REQUEST AND ON THE ORGANIZATION'S WEBSITE. FOUNDATION FOR ACCOUNTING EDUCATION INC 14 WALL STREET 19TH FLOOR NEW YORK NY 10005 237171151 EDUCATION NY 501(C)(3) LINE 10 THE NEW YORK STATE SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS 1 MOYNIHAN SCHOLARSHIP FUND INC 14 WALL STREET 19TH FLOOR NEW YORK NY 10005 822444864 CHARITABLE AND EDUCATION NY 501(C)(3) LINE 7 THE NEW YORK STATE SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 1 0 FOUNDATION FOR ACCOUNTING EDUCATION INC B 1361206 FMV MOYNIHAN SCHOLARSHIP FUND B 260966 FMV FOUNDATION FOR ACCOUNTING EDUCATION INC O 1406261 FMV FOUNDATION FOR ACCOUNTING EDUCATION INC Q 229429 FMV FOUNDATION FOR ACCOUNTING EDUCATION INC N 200536 FMV MOYNIHAN SCHOLARSHIP FUND O 231478 FMV MOYNIHAN SCHOLARSHIP FUND Q 62725 FMV MOYNIHAN SCHOLARSHIP FUND N 54828 FMV