Texas Society Of Certified Public Accountants is located in Addison, TX. The organization was established in 1974. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 05/2022, Texas Society Of Certified Public Accountants employed 46 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Texas 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 05/2022, Texas Society Of Certified Public Accountants generated $7.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $6.5m during the year ending 05/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT ITS MEMBERS IN THEIR PROFESSIONAL ENDEAVORS AND TO PROMOTE THE VALUE AND HIGH STANDARDS OF TEXAS CPAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNICATIONS: MEMBER PUBLICATIONS COVER ORGANIZATIONAL ACTIVITIES AND TECHNICAL CHANGES, ISSUES AND TRENDS IMPACTING THE ACCOUNTING PROFESSION. TXCPA EXCHANGE IS AN EXCLUSIVE ONLINE COMMUNITY FOR MEMBER-TO-MEMBER GUIDANCE ON A VARIETY OF PROFESSIONAL ISSUES.
PEER REVIEW: TXCPA ARRANGES PEER REVIEWS OF CPA FIRMS BY MATCHING QUALIFIED REVIEWERS WITH FIRMS TO BE REVIEWED.
PROFESSIONAL STANDARDS: PRESCRIBE AND PROMOTE QUALITY PERFORMANCE STANDARDS FOR TEXAS CPAS THROUGH THE MONITORING OF TECHNICAL STANDARD-SETTING BODIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jodi Ann Ray President & CEO | OfficerTrustee | 25 | $399,522 |
Edith C Cogdell-From 1220 CFO | Officer | 25 | $189,259 |
Jerrel L Cross Dir-Peer Review | 37.5 | $171,726 | |
Melinda H Bentley Dir-Membership,marketing | 29 | $159,101 | |
Kenneth Besserman Dir-Gov Affairs | 30 | $153,935 | |
Kimberly N Newlin Dir-Learning | 0 | $150,425 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Princeton Management Partners Llc Property Management | 5/30/20 | $363,251 |
Marriott Business Services Resort/conference | 5/30/20 | $130,702 |
Abila Software Provider | 5/30/20 | $108,856 |
Aldridge Information Technolo | 5/30/20 | $121,741 |
Marriott Business Services Resort/conference | 5/30/20 | $130,702 |
Aldridge Information Technolo | 5/30/20 | $121,741 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $211,955 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $211,955 |
Total Program Service Revenue | $6,432,798 |
Investment income | $169,140 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $84,059 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $133,804 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $7,206,756 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,459,251 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,934,224 |
Pension plan accruals and contributions | $148,455 |
Other employee benefits | $299,179 |
Payroll taxes | $225,605 |
Fees for services: Management | $0 |
Fees for services: Legal | $8,462 |
Fees for services: Accounting | $60,152 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $553,871 |
Advertising and promotion | $39,683 |
Office expenses | $63,190 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $337,777 |
Travel | $111,021 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $413,593 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $23,537 |
Insurance | $76,241 |
All other expenses | $109,708 |
Total functional expenses | $6,528,179 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,666,355 |
Savings and temporary cash investments | $2,449,042 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $26,330 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $9,498 |
Investments—publicly traded securities | $10,044,353 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $167,399 |
Total assets | $14,362,977 |
Accounts payable and accrued expenses | $809,344 |
Grants payable | $0 |
Deferred revenue | $3,353,501 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $561,021 |
Total liabilities | $4,723,866 |
Net assets without donor restrictions | $9,639,111 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $14,362,977 |
Organization Name | Assets | Revenue |
---|---|---|
Wi-Fi Alliance Austin, TX | $27,634,772 | $19,782,142 |
Greater Houston Partnership Inc Houston, TX | $22,962,720 | $19,728,312 |
Bbb Serving The Heart Of Texas Austin, TX | $13,203,011 | $18,551,696 |
Visit San Antonio San Antonio, TX | $11,429,570 | $19,048,365 |
Clean Gulf Associates Inc New Orleans, LA | $10,070,698 | $12,457,251 |
Meeting Professionals International Dallas, TX | $6,166,822 | $11,031,821 |
Dallas Regional Chamber Dallas, TX | $15,269,996 | $9,505,789 |
Brazos Pilots Association Freeport, TX | $5,263,034 | $10,473,577 |
American Agape Foundation Inc San Antonio, TX | $56,717,465 | $7,832,495 |
Salesmanship Club Of Dallas Dallas, TX | $14,081,869 | $8,485,267 |
United Brotherhood Of Carpenters And Joiners Of America Metairie, LA | $27,400,853 | $8,587,017 |
Texas Oil And Gas Association Inc Austin, TX | $10,912,231 | $6,947,737 |