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Nonprofiteer
← CFA SOCIETY NEW YORK INC

Form 990 for tax year 2024

Filed by CFA SOCIETY NEW YORK INC.

Totals

Total revenue
$4,724,981
Total expenses
$4,274,470
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$3,509,496
Investment income
$262,810
Other revenue
$952,675
Total assets, end of year
$23,701,076
Total liabilities, end of year
$12,170,158
Net assets or fund balances, end of year
$11,530,918
Program services expenses (Part IX)
not reported
Management and general expenses
not reported
Fundraising expenses
not reported
Program service expenses (Part III)
not reported

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: MEMBERSHIP DUES

    total $2,612,430 · related or exempt $2,612,430

  • 2b · Program service revenue: EDUCATION

    total $545,017 · related or exempt $545,017

  • 2c · Program service revenue: SEMINARS

    total $307,406 · related or exempt $307,406

  • 2d · Program service revenue: PRESENTATIONS

    total $44,643 · related or exempt $44,643

  • 3 · Investment income

    total $289,944 · excluded $289,944

  • 6a · Gross rents

    real property $134,145

  • 6b · Less rental expenses

    real property $0

  • 6c · Rental income or loss

    real property $134,145

  • 6d · Net rental income or loss

    total $134,145 · unrelated business $134,145

  • 7a · Gross sales of assets other than inventory

    securities $2,726,229

  • 7b · Less cost or other basis and sales expenses

    securities $2,753,363

  • 7c · Gain or loss

    securities -$27,134

  • 7d · Net gain or loss

    total -$27,134 · excluded -$27,134

  • 11a · Other revenue: OTHER OPERATING REV.

    total $482,180 · related or exempt $482,180

  • 11b · Other revenue: SPEC. ACTIVITY DINNERS

    total $185,222 · related or exempt $185,222

  • 11c · Other revenue: ERTC- CARES ACT

    total $151,128 · related or exempt $151,128

  • 11e · Other revenue, total

    $818,530

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $510,808

  • 7 · Other salaries and wages

    total $1,134,733

  • 8 · Pension plan contributions

    total $12,625

  • 9 · Other employee benefits

    total $168,450

  • 10 · Payroll taxes

    total $142,270

  • 11b · Fees: legal

    total $25,486

  • 11c · Fees: accounting

    total $40,400

  • 11f · Fees: investment management

    total $70,649

  • 11g · Fees: other

    total $326,936

  • 12 · Advertising and promotion

    total $26,003

  • 13 · Office expenses

    total $115,773

  • 14 · Information technology

    total $190,006

  • 16 · Occupancy

    total $1,046,811

  • 22 · Depreciation, depletion and amortization

    total $283,263

  • 24a · Other expenses: MEALS & ENTERTAINMENT

    total $178,972

  • 24b · Other expenses: MISCELLANEOUS

    total $1,285

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $3,580,548 · end of year $3,615,656

  • 4 · Accounts receivable

    beginning of year $667,023 · end of year $667,712

  • 9 · Prepaid expenses and deferred charges

    beginning of year $186,036 · end of year $103,624

  • 10a · Land, buildings and equipment: cost or other basis

    $3,924,137

  • 10b · Land, buildings and equipment: accumulated depreciation

    $3,758,016

  • 10c · Land, buildings and equipment, net

    beginning of year $436,865 · end of year $166,121

  • 11 · Investments: publicly traded securities

    beginning of year $8,417,251 · end of year $9,884,845

  • 15 · Other assets

    beginning of year $10,033,307 · end of year $9,263,118

  • 17 · Accounts payable and accrued expenses

    beginning of year $147,834 · end of year $228,545

  • 19 · Deferred revenue

    beginning of year $2,709,568 · end of year $2,590,244

  • 25 · Other liabilities

    beginning of year $10,218,042 · end of year $9,351,369

  • 27 · Net assets without donor restrictions

    beginning of year $10,245,586 · end of year $11,530,918

Mission and programs · 2024

Mission

THE MISSION OF CFA SOCIETY NEW YORK IS TO SERVE THE NEEDS OF ALL MEMBERS AND INVESTMENT PROFESSIONALS AND TO EDUCATE THE INVESTING PUBLIC.

Activities or mission (Part I)

SERVE THE NEEDS OF ALL MEMBERS AND INVESTMENT PROFESSIONALS AND TO EDUCATE THE INVESTING PUBLIC.

  • MEMBERSHIP ACTIVITIES - MAINTAINED A DATABASE FOR MEMBERS, PROVIDED EXCLUSIVE MEMBER ONLY NETWORKING EVENTS, WEEKLY DIGITAL NEWSLETTER AND JOB BOARD FOR 10,606 MEMBERS. EDUCATIONAL ACTIVITIES - CONDUCTED 29 CLASSES SERVING 1,204 REGISTRANTS.SEMINARS AND PRESENTATIONS - HOSTED 161 CONFERENCES, SEMINARS AND PROGRAMS ATTENDED BY 4,586 ATTENDEES.

As filed on the 2024 return.

Listed in Part VII

  • KEN D'SOUZA CFA

    CHAIR

    Total calculated
    $0
    Hours/week
    3 + 3 related

  • CAROLINE BUSBY CFA

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    3 + 3 related

  • MARYA ANN SAVOLA CFA MBA

    SECRETARY

    Total calculated
    $0
    Hours/week
    3 + 3 related

  • MILA SKULKINA CFA

    TREASURER

    Total calculated
    $0
    Hours/week
    3 + 3 related

  • DAVID ALLEN CFA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3 + 3 related

  • DANIELLE KLOEBLEN CFA MBA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3 + 3 related

  • THOMAS BRIGANDI CFA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3 + 3 related

  • ANDREW AUSLANDER CFA FRM

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3 + 3 related

  • PAUL BENJAMIN CFA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3 + 3 related

  • ARTHUR FLIEGELMAN CFA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3 + 3 related

  • LEO SCHMIDT CFA

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3 + 3 related

  • DAVID KNUTSON CFA FRM CMT

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3 + 3 related

  • SANJAY ARORA CFA CMA ACA

    FORMER DIRECTOR

    Total calculated
    $0
    Hours/week
    3 + 3 related

  • PAULINA ROGAWSKI TEP CRPC

    FORMER DIRECTOR

    Total calculated
    $0
    Hours/week
    3 + 3 related

  • ARUN MANANSINGH

    EXECUTIVE DIRECTOR

    Total calculated
    $300,977
    From this org
    $282,356
    From related orgs
    $0
    Other
    $18,621
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $257,356
    Bonus
    $25,000
    Other
    $0
    Deferred
    $16,225
    Nontaxable benefits
    $2,396
    Filer's total
    $300,977

  • LOURDES MORTEL

    CFO

    Total calculated
    $181,717
    From this org
    $156,940
    From related orgs
    $0
    Other
    $24,777
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $140,940
    Bonus
    $16,000
    Other
    $0
    Deferred
    $10,091
    Nontaxable benefits
    $14,686
    Filer's total
    $181,717

  • ROBERT ROWAN

    DIRECTOR OF CFANY ASSET OWNER SERIES

    Total calculated
    $133,992
    From this org
    $103,467
    From related orgs
    $0
    Other
    $30,525
    Hours/week
    40

  • CHRISTOPHER BRUZESE

    DIRECTOR OF MEDIA PRODUCTIONS

    Total calculated
    $139,388
    From this org
    $130,780
    From related orgs
    $0
    Other
    $8,608
    Hours/week
    40

  • JAMES COPPOLA

    DIRECTOR OF SPONSORSHIPS AND PARTNERSHIPS

    Total calculated
    $163,887
    From this org
    $130,092
    From related orgs
    $0
    Other
    $33,795
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $117,816
    Bonus
    $3,000
    Other
    $9,276
    Deferred
    $6,679
    Nontaxable benefits
    $27,116
    Filer's total
    $163,887

  • DIONNE DOWNS

    DIRECTOR EVENTS AND PROGRAMMING

    Total calculated
    $128,562
    From this org
    $111,922
    From related orgs
    $0
    Other
    $16,640
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • GRAHAM CENTER INC

    501(C)(3) · EDUCATE INVESTING PUBLIC · NY

    Directly controlled by CFA SOCIETY NEW YORK INC

Provenance

Return type
form_990
Tax year
2024
Filed
5 March 2026
IRS schema version
2024v5.5
Source object
202611149349301736

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