Nonprofit · EIN 42-1152989
CFA SOCIETY OF IOWA INC
Tax-exempt · DES MOINES, IA 50393
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $232,842 | $287,677 | -$54,835 | $248,490 | $241 | $248,249 |
| June 30, 2024 | 990 | $204,361 | $210,669 | -$6,308 | $303,185 | $101 | $303,084 |
| June 30, 2023 | 990 | $201,633 | $200,317 | $1,316 | $309,392 | $0 | $309,392 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $117,763
- Membership dues
- $43,658
- Program service revenue
- $105,218
- Investment income
- $7,210
- Other revenue
- $2,651
Expenses
- Grants and similar amounts paid
- $8,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Travel
- $2,277
- Program services (functional)
- $210,502
- Management and general (functional)
- $77,175
Balance sheet and other
- Total assets, start of year
- $303,185
- Total assets, end of year
- $248,490
- Total liabilities, end of year
- $241
- Net assets, end of year
- $248,249
- Gross unrelated business income
- $7,210
- Gross receipts
- $232,842
- Employees
- 0
- Volunteers
- 9
- Year formed
- 1962
- State of legal domicile
- IA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ASHLEY ARELLANO | PRESIDENT Trustee or director, Officer | 7 | $0 |
| NICK NOLAN | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| MARGARET CLARK | TREASURER Trustee or director, Officer | 4 | $0 |
| THOMAS MCCAFFREY | SECRETARY Trustee or director, Officer | 1 | $0 |
| CASS PAGE | DIRECTOR AT LARGE Trustee or director | 2 | $0 |
| JACOB SCHULTE | DIRECTOR AT LARGE Trustee or director | 2 | $0 |
| MADISON LAWLESS | DIRECTOR AT LARGE Trustee or director | 2 | $0 |
| AMANDA WILSON | DIRECTOR AT LARGE Trustee or director | 2 | $0 |
| TONG TEH | DIRECTOR AT LARGE Trustee or director | 2 | $0 |
990 for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK SANDBULTE | PRESIDENT Trustee or director, Officer | 7 | $0 |
| ASHLEY ARELLANO | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| MARGARET CLARK | TREASURER Trustee or director, Officer | 4 | $0 |
| THOMAS MCCAFFREY | SECRETARY Trustee or director, Officer | 1 | $0 |
| CASS PAGE | DIRECTOR AT LARGE Trustee or director | 2 | $0 |
| NICK NOLAN | DIRECTOR AT LARGE Trustee or director | 2 | $0 |
| BRYCE ENGELBART | DIRECTOR AT LARGE Trustee or director | 2 | $0 |
| AMANDA WILSON | DIRECTOR AT LARGE Trustee or director | 2 | $0 |
| TONG TEH | DIRECTOR AT LARGE Trustee or director | 2 | $0 |
990 for the year ended June 30, 2023: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARK SANDBULTE | PRESIDENT Trustee or director, Officer | 7 | $0 |
| ASHLEY ARELLANO | VICE PRESIDENT Trustee or director, Officer | 2 | $0 |
| MARGARET CLARK | TREASURER Trustee or director, Officer | 4 | $0 |
| THOMAS MCCAFFREY | SECRETARY Trustee or director, Officer | 1 | $0 |
| CASS PAGE | DIRECTOR AT LARGE Trustee or director | 2 | $0 |
| NICK NOLAN | DIRECTOR AT LARGE Trustee or director | 2 | $0 |
| BRYCE ENGELBART | DIRECTOR AT LARGE Trustee or director | 2 | $0 |
| AMANDA WILSON | DIRECTOR AT LARGE Trustee or director | 2 | $0 |
| TONG TEH | DIRECTOR AT LARGE Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 93052, DES MOINES, IA 50393-3052
- In care of
- % ASHLEY ARELLANO
- Principal officer (990 for 2024)
- NATHAN LARICK, PO BOX 93052, DES MOINES, IA 50393
- Signed the 990
- NATHAN LARICK, TREASURER
- Phone
- (515) 669-7162
- Website
- WWW.CFAIOWA.ORG
- Return prepared by
- DENMAN CPA LLP
Mission
CFA SOCIETY IOWA SEEKS TO LEAD THE INVESTMENT PROFESSION IN THE STATE OF IOWA BY PROMOTING ETHICAL AND PROFESSIONAL STANDARS, ENCOURAGES AND FACILITATES PROFESSIONAL DEVELOPMENT, AND WORKS TOWARDS BROADER COMMUNITY UNDERSTANDING OF THE CFA DESIGNATION.
Program accomplishments
- HOSTED ONE LARGE INVESTMENT EVENT IN MAY WITH APPROXIMATELY 200 ATTENDEES. HOSTED IN-PERSON AND VIRTUAL (HYBRID) WEBINARS MONTHLY FEATURING INDUSTRY SPEAKERS WHO DISCUSSED RELEVANT TOPICS FOR INVESTMENTS. AVERAGE ATTENDANCE WAS APPROXIMATELY 40 PEOPLE PER EVENT.Expenses $129,904 · revenue $95,285
- HOSTED SEVERAL NETWORKING EVENTS FOR MEMBERS AND STUDENTS SO THEY ARE ABLE TO INTERACT WITH OTHERS IN THEIR PROFESSION OR COURSE OF STUDY. ATTENDANCE RANGED FROM APPROXIMATELY 15-30 PEOPLE PER EVENT. HOSTED TWO LARGE NETWORKING GOLF OUTINGS IN JUNE WITH APPROXIMATELY 130 ATTENDEES IN TOTAL.Expenses $50,648 · revenue $8,084
- HOSTED THE CFA GLOBAL INVESTMENT RESEARCH CHALLENGE FOR UNIVERSITIES IN THE REGION WITH 50 ATTENDEES. STUDENTS WERE ABLE TO PRESENT RESEARCH ON A COMPANY TO COMPETE FOR SCHOLARSHIPS AND A CHANCE AT THE GLOBAL COMPETITION.Expenses $29,950 · grants $8,000 · revenue $4,500
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 42-1152989
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1981
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $248,490
- Income (IRS master file)
- $232,842
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $232,842 | $287,677 | $248,490 | XML |
| 990 | June 2024 | $204,361 | $210,669 | $303,185 | IRS |
| 990 | June 2023 | $201,633 | $200,317 | $309,392 | XML |
| 990-EZ | June 2022 | – | – | – | IRS |
| 990-EZ | June 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 42-1152989).
Questions about CFA SOCIETY OF IOWA INC
- What is the EIN of CFA SOCIETY OF IOWA INC?
- The employer identification number (EIN) of CFA SOCIETY OF IOWA INC is 42-1152989.
- Is CFA SOCIETY OF IOWA INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1981.
- Are donations to CFA SOCIETY OF IOWA INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CFA SOCIETY OF IOWA INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of CFA SOCIETY OF IOWA INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CFA SOCIETY OF IOWA INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of CFA SOCIETY OF IOWA INC?
- The 990 for the year ended June 30, 2025 names NATHAN LARICK.
- Who are the officers and directors of CFA SOCIETY OF IOWA INC?
- The 990 for the year ended June 30, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does CFA SOCIETY OF IOWA INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $232,842, expenses of $287,677 and total assets of $248,490 at year end.
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