Maine Society Of Certified Public Accountants

Organization Overview

Maine Society Of Certified Public Accountants is located in Portland, ME. The organization was established in 1976. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 05/2024, Maine Society Of Certified Public Accountants employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Maine Society Of Certified Public Accountants is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.

For the year ending 05/2024, Maine Society Of Certified Public Accountants generated $195.3k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $211.6k during the year ending 05/2024. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2024

Describe the Organization's Mission:

Part 3 - Line 1

THE MAINE SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS IS THE STATEWIDE PROFESSIONAL ORGANIZATION FOR CPAS IN MAINE. THE SOCIETY SERVES APPROXIMATELY 600 MEMBERS WITH PROFESSIONAL MEETINGS, EDUCATION, AND ADVOCACY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE MAINE SOCIETY OF CERTIFIED PUBLIC ACCOUNTANTS IS THE STATEWIDE PROFESSIONAL ORGANIZATION FOR CPAS IN MAINE. THE SOCIETY SERVES APPROXIMATELY 600 MEMBERS WITH PROFESSIONAL MEETINGS, EDUCATION, AND ADVOCACY.


THE MAINE SOCIETY OF CPAS PROVIDES PROFESSIONAL EDUCATIONAL PROGRAMMING TO NEARLY 300 CPAS PRACTICING IN THE STATE OF MAINE.


THE MAINE SOCIETY OF CPAS PROVIDED APPROXIMATELY 50 VOLUNTEER HOURS AIMED AT PROMOTING THE ACCOUNTING PROFESSION, THROUGH PARTICIPATION IN CAREER FAIRS, CLASSROOM PRESENTATIONS, JUNIOR ACHIEVEMENT.


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Board, Officers & Key Employees

Name (title)Compensation
David Stone
President
$0
Spencer Hathaway
Treasurer
$0
Heather Perreault
Secretary
$0
David Barrett
Governor
$0
Barbara Belik
President-Elect
$0
Jake Black
Governor
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$105,959
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$18,200
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$124,159
Total Program Service Revenue$43,223
Investment income $15,657
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $8,072
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $195,271

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