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← THE GREATER WASHINGTON SOCIETY OF CPAS

Form 990 for tax year 2023

Filed by THE GREATER WASHINGTON SOCIETY OF CPAS.

Totals

Total revenue
$350,346
Total expenses
$276,558
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$348,045
Investment income
$0
Other revenue
$2,301
Total assets, end of year
$742,796
Total liabilities, end of year
$147,094
Net assets or fund balances, end of year
$595,702
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 $339,489 · related or exempt $339,489

  • 2b · Program service revenue: Ed. progs./sponsor fee

    total $6,420 · related or exempt $6,420

  • 2c · Program service revenue: Shared revenue program

    total $2,136 · related or exempt $2,136

  • 11a · Other revenue: Website Job Posting

    total $1,900 · unrelated business $1,900

  • 11b · Other revenue: Other revenue

    total $260 · excluded $260

  • 11c · Other revenue: Commission revenue

    total $141 · excluded $141

  • 11e · Other revenue, total

    $2,301

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $83,782

  • 7 · Other salaries and wages

    total $68,746

  • 8 · Pension plan contributions

    total $3,475

  • 9 · Other employee benefits

    total $12,357

  • 10 · Payroll taxes

    total $10,365

  • 11c · Fees: accounting

    total $24,193

  • 11g · Fees: other

    total $4,163

  • 13 · Office expenses

    total $8,163

  • 14 · Information technology

    total $19,459

  • 16 · Occupancy

    total $782

  • 17 · Travel

    total $11,671

  • 19 · Conferences, conventions and meetings

    total $19,687

  • 22 · Depreciation, depletion and amortization

    total $2,072

  • 23 · Insurance

    total $1,419

  • 24a · Other expenses: Dues and subscriptions

    total $6,224

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $425,277 · end of year $275,828

  • 4 · Accounts receivable

    beginning of year $3,825 · end of year $398

  • 9 · Prepaid expenses and deferred charges

    beginning of year $16,554 · end of year $24,564

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

    $27,709

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

    $13,644

  • 10c · Land, buildings and equipment, net

    beginning of year $23,066 · end of year $14,065

  • 15 · Other assets

    beginning of year $231,488 · end of year $427,941

  • 17 · Accounts payable and accrued expenses

    beginning of year $134,399 · end of year $106,756

  • 19 · Deferred revenue

    beginning of year $43,897 · end of year $40,338

  • 27 · Net assets without donor restrictions

    beginning of year $521,914 · end of year $595,702

Mission and programs · 2023

Mission

A strong accounting profession plays a critical role in a thriving economy and nation. We know there is strength in numbers: we achieve more together, propelling career success for finance and accounting professionals. The Greater Washington Society of CPAs executes this mission with integrity through community, collaboration, learning and professional opportunties.

Activities or mission (Part I)

To promote and support members and the CPA profession through education, advocacy and community.

  • Community: GWSCPA provides a supportive professional community for our membership and the wider accounting and finance profession. We offer live and online educational and networking events and specialty resources for niche groups within the profession.

  • Leadership: GWSCPA members lead the accounting and finance profession within and around our nation's Capital. We provide training and support to develop future leaders and to ensure the profession is prepared for the changing finance and accounting landscape.

  • Advocacy: The GWSCPA advocates for the profession and the protection of the public interest with our Board of Accountancy, as well as other local and national regulator bodies.

  • Partnership: The GWSCPA works in partnership with local, state and national accounting and finance groups, as well as regulators, to enhance and promote the profession and to educate the public on the profession. We promote the profession to students, businesses and the public.

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Amisha Patel

    Immediate Past-President

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • Carolyn Mollen

    President

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • Chris Mannina

    Vice-President

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • Julia Lafferty

    Treasurer

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • Paul Preziotti

    Secretary

    Total calculated
    $0
    Hours/week
    2 + 2 related
  • Sheila Bedford

    Governor

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Bob Storz

    Governor

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Trevor Williams

    Governor

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Sarah Tucker

    Governor

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Brittney Gordon

    Governor

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Jonathon Miller

    Governor

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Angela Juvelis

    Governor

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Laurie DeArmond

    Governor

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Carl Hairston

    Governor

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Mike Sorrells

    Governor Emeritus

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Derek Thomas

    Governor

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Kathy O'Connor

    Governor

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Jessica McClain

    Governor

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Jen Matteo

    Governor

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Amy Horner

    Governor

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Michael Harris

    Governor

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Venus Tuazon

    Governor

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Alex Galeano

    Governor Emeritus

    Total calculated
    $0
    Hours/week
    1 + 1 related
  • Kari Bedell

    Executive Director

    Total calculated
    $283,630
    From this org
    $58,435
    From related orgs
    $184,165
    Other
    $41,030
    Hours/week
    10 + 30 related

    Schedule J breakdown matched by us

    Base
    $51,358 + $151,642 related
    Bonus
    $7,077 + $32,523 related
    Other
    $0
    Deferred
    $2,922 + $9,208 related
    Nontaxable benefits
    $7,326 + $21,574 related
    Filer's total
    $68,683 + $214,947 related
  • Meghan Jenkins

    Senior Director, Engagement

    Total calculated
    $159,619
    From this org
    $37,802
    From related orgs
    $88,073
    Other
    $33,744
    Hours/week
    12 + 28 related

    Schedule J breakdown matched by us

    Base
    $37,759 + $87,116 related
    Bonus
    $43 + $957 related
    Other
    $0
    Deferred
    $1,936 + $4,308 related
    Nontaxable benefits
    $8,519 + $18,981 related
    Filer's total
    $48,257 + $111,362 related

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 · Form 990 of other organizations
  • 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.

Provenance

Return type
form_990
Tax year
2023
Filed
1 April 2025
IRS schema version
2023v6.0
Source object
202530919349300323

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