EIN 41-0783480

Minnesota Society of Certified Public Accountants

IRS 501(c) type
501(c)(6)
Num. employees
30
Year formed
1904
Most recent tax filings
2024-03-01
NTEE code, primary
Description
Minnesota Society of Certified Public Accountants (MNCPA) aims to assist its members in advancing professionally while serving the interests of the public. MNCPA provides education, resources, networking opportunities, and advocacy to help its members. MNCPA communicates with its members through the Footnote magazine and electronic newsletters. Besides, it maintains and updates their website, which disseminates information both publicly and to members.
Related structure
Minnesota Society of Certified Public Accountants is a parent organization to a group of 4 other organizations.
Total revenues
$6,090,529
2024
Total expenses
$6,263,241
2024
Total assets
$10,458,072
2024
Num. employees
30
2024

Program areas at Minnesota Society of Certified Public Accountants

Educational activities enable members and nonmembers to meet regulatory requirements, enhance personal development, and increase knowledge to meet the needs of the financial and business community. Activities include live seminars, conferences, webinars, and onsite education and sale of self- study products.
Communication activities included the publication of the footnote, the mncpa's magazine for members, publication of electronic newsletters, development and maintenance of the mncpa's website, which delivers information to the general Public as well as additional content and resources for members, training for members speaking on behalf of the cpa profession, and the distribution of profession-related press releases to various media outlets. Government relations activities promoted cpa involvement in and influence on the political process in the state of Minnesota and with Minnesota's congressional delegation in Washington. Professional standards activities included administration of a peer review program, and coordination of an ethics program to address complaints against members.
Membership activities provided more than 7500 members with opportunities for education, professional networking, career advancement, and promotion of the cpa profession.

Personnel at Minnesota Society of Certified Public Accountants

NameTitleCompensation
Linda WedulPresident and Chief Executive Officer$242,883
Faye HayhurstDirector of Finance and Administration Professional Ethics Coordinator$143,372
Stephanie SchmidtDirector of Membership and Marketing$114,400
Geno FragnitoDirector of Government Relations$135,965
Lynn KletscherDirector of Education$134,363
...and 21 more key personnel

Financials for Minnesota Society of Certified Public Accountants

RevenuesFYE 03/2024
Total grants, contributions, etc.$0
Program services$5,631,623
Investment income and dividends$238,500
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$-757
Net gain from sale of non-inventory assets$27,756
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$193,407
Total revenues$6,090,529

Form 990s for Minnesota Society of Certified Public Accountants

Fiscal year endingDate received by IRSFormPDF link
2024-032024-09-24990View PDF
2023-032023-10-04990View PDF
2022-032022-09-29990View PDF
2021-032021-10-11990View PDF
2020-032020-10-13990View PDF
...and 10 more Form 990s
Data update history
September 21, 2024
Updated personnel
Identified 1 new personnel
November 26, 2023
Posted financials
Added Form 990 for fiscal year 2023
November 26, 2023
Updated personnel
Identified 2 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 27, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Professional associationsBusiness and community development organizationsHeadquarter / parent organizations
Issues
Science and technologyEducationBusiness and industry
Characteristics
MembershipsState / local levelCommunity engagement / volunteering
General information
Address
1650 W 82nd St Suite 600
Bloomington, MN 55431
Metro area
Minneapolis-St. Paul-Bloomington, MN-WI
County
Hennepin County, MN
Website URL
mncpa.org/ 
Phone
(952) 831-2707
Facebook page
minnesota-society-of-cpas 
Twitter profile
@mncpatweet 
IRS details
EIN
41-0783480
Fiscal year end
March
Taxreturn type
Form 990
Year formed
1904
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
S41: Promotion of Business
NAICS code, primary
813920: Professional Associations
Parent/child status
Parent of group exemption
Central organization
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