Aicpa Benevolent Fund Inc

Organization Overview

Aicpa Benevolent Fund Inc is located in Durham, NC. The organization was established in 1937. According to its NTEE Classification (M20) the organization is classified as: Disaster Preparedness & Relief Services, under the broad grouping of Public Safety, Disaster Preparedness & Relief and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aicpa Benevolent Fund Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, Aicpa Benevolent Fund Inc generated $447.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $322.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE AIPCA BENEVOLENT FUND PROVIDES FINANCIAL ASSISTANCE TO MEMBERS AND THEIR FAMILIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

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 2023, 10 INDIVIDUALS RECEIVED ASSISTANCE.


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Board, Officers & Key Employees

Name (title)Compensation
Alexandria Romero
Trustee
$0
Amanda Horvath
Trustee
$0
Andrew Mintzer
Board Liaison
$0
Beth A Reho
Trustee
$0
Bridget Kaigler
Trustee
$0
Charlott Jones
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$185,374
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$185,374
Total Program Service Revenue$0
Investment income $258,927
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $3,351
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $447,652

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