EIN 56-6045918

National Society of Accountants for Cooperatives (NSAC)

IRS 501(c) type
501(c)(6)
Num. employees
0
State
Year formed
1943
Most recent tax filings
2022-12-01
NTEE code, primary
Description
NSAC enhances cooperative accountants' professional image and performance with tailored education, networking, & exclusive resources. Located in Dayton, OH.
Related structure
NSAC is a parent organization to a group of 7 other organizations.
Total revenues
$507,886
2022
Total expenses
$489,569
2022
Total assets
$1,728,772
2022
Num. employees
0
2022

Program areas at NSAC

Education: conference, seminars/webinars, committee meetings - provide education and networking opportunities to all who attend - members and non members interested in cooperative accounting and tax issues. Promotion and discussion of accounting standards, changes to and application of tax law, and related best practices for the cooperative industry are included in these meetings. Programs include co-hosting the tax finance and accounting conference for Cooperatives and hosting online cooperative learning network seminars/webinars (cln). Starting in the fall of 2o17 cln registration fees are included in annual membership dues. An estimated total of 8oo unique members participated in these offerings during the year. The association has six major and active National committees, comprised of approximately 10o volunteers.
Connections: creation and implementation of the Nsac connect online community platform, which allows members (=1,500 ) to network on a National, chapter and committee level. The Society also uses this platform to communicate with the members and to encourage members to exchange information pertaintng to Cooperatives.
Resources: publications of cooperative learning materials - provided to all members and limited items are available to non members for a fee. Exclusive content and interaction is available on the website for members only. These programs include publishing and distributing a quarterly trade journal "the cooperative accountant- and updating the online member-only content regarding publications and research database library specific to accounting and tax issues of Cooperatives. During the year, the total average membership count of members with access to these services was approximately 1500.
Scholarship of 1,000 paid directly to schools for benefit of recipients

Personnel at NSAC

NameTitleCompensation
Kimberly FantaciExecutive Director$0
Kent ErhardtTreasurer / Secretary / Director$0
Erik GillamVice President / Treasurer / Director$0
David AntoniImmediate Pa$0
Jim HalvorsenSecretary$0
...and 7 more key personnel

Financials for NSAC

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Program services$488,010
Investment income and dividends$34,596
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-14,720
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$507,886

Form 990s for NSAC

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990View PDF
2021-122022-10-31990View PDF
2020-122021-11-08990View PDF
2019-122021-10-12990OView PDF
2018-122019-09-19990OView PDF
...and 9 more Form 990s
Data update history
January 24, 2024
Updated personnel
Identified 2 new personnel
January 17, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 17, 2024
Updated personnel
Identified 2 new personnel
January 3, 2024
Used new vendors
Identified 1 new vendor, including
July 30, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
Professional associationsBusiness and community development organizationsHeadquarter / parent organizations
Issues
Business and industry
Characteristics
MembershipsManagement and technical assistanceProvides scholarshipsNo full-time employees
General information
Address
151 W 4th St Suite 222
Cincinnati, OH 45202
Metro area
Cincinnati, OH-KY-IN
County
Hamilton County, OH
Website URL
nsacoop.org/ 
Phone
(937) 222-6707
IRS details
EIN
56-6045918
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1943
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
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