Form 990 for tax year 2022

Filed by CFA SOCIETY NEW YORK INC.

Totals

Total revenue: $4,732,484
Total expenses: $3,978,109
Contributions and grants received: $0
Grants paid: $0
Program service revenue: $3,661,909
Investment income: $226,411
Other revenue: $844,164
Total assets, end of year: $13,497,612
Total liabilities, end of year: $4,532,703
Net assets or fund balances, end of year: $8,964,909
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 $2,682,627 · related or exempt $2,682,627
2b · Program service revenue: EDUCATION

total $669,858 · related or exempt $669,858
2c · Program service revenue: SEMINARS

total $289,938 · related or exempt $289,938
2d · Program service revenue: PRESENTATIONS

total $19,486 · related or exempt $19,486
3 · Investment income

total $226,411 · excluded $226,411
6a · Gross rents

real property $135,483
6b · Less rental expenses

real property $0
6c · Rental income or loss

real property $135,483
6d · Net rental income or loss

total $135,483 · unrelated business $134,812 · excluded $671
10a · Gross sales of inventory

$13
10b · Cost of goods sold

$25
10c · Net income from sales of inventory

total -$12 · excluded -$12
11a · Other revenue: OTHER OPERATING REVENU

total $549,938 · excluded $549,938
11b · Other revenue: SPECIAL ACTIVITY DINNE

total $132,863 · excluded $132,863
11c · Other revenue: WEBSITE JOB LISTING

total $25,892 · excluded $25,892
11e · Other revenue, total

$708,693

Functional expenses

Part IX, the statement of functional expenses.

7 · Other salaries and wages

total $1,781,838
11b · Fees: legal

total $93,618
11c · Fees: accounting

total $36,500
11g · Fees: other

total $220,750
12 · Advertising and promotion

total $83,800
13 · Office expenses

total $132,689
14 · Information technology

total $142,771
16 · Occupancy

total $964,480
22 · Depreciation, depletion and amortization

total $344,014
24a · Other expenses: MEALS & ENTERTAINMENT

total $176,742
24b · Other expenses: MISCELLANEOUS

total $907

Balance sheet

Part X, book values.

2 · Savings and temporary cash investments

end of year $8,123,132
4 · Accounts receivable

end of year $1,095,841
9 · Prepaid expenses and deferred charges

end of year $78,963
10a · Land, buildings and equipment: cost or other basis

$3,812,310
10b · Land, buildings and equipment: accumulated depreciation

$3,157,884
10c · Land, buildings and equipment, net

beginning of year $0 · end of year $654,426
11 · Investments: publicly traded securities

end of year $2,092,070
15 · Other assets

beginning of year $0 · end of year $1,453,180
17 · Accounts payable and accrued expenses

end of year $170,414
19 · Deferred revenue

end of year $2,522,846
25 · Other liabilities

beginning of year $0 · end of year $1,839,443
27 · Net assets without donor restrictions

end of year $8,964,909

Mission and programs · 2022

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 APPROXIMATELY 11,018 MEMBERS.EDUCATIONAL ACTIVITIES - CONDUCTED 65 ONLINE CLASSES SERVING 5,847 REGISTRANTS.SEMINARS AND PRESENTATIONS - HOSTED 160 CONFERENCES, SEMINARS AND PROGRAMS ATTENDED BY 4,661 ATTENDEES.

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Thomas Brigandi CFATHOMAS BRIGANDI CFA

CHAIRMAN

Total calculated

$0

Hours/week

3 + 3 related
David Allen CFADAVID ALLEN CFA

VICE CHAIRMAN

Total calculated

$0

Hours/week

3 + 3 related
Andrew Auslander CFA FrmANDREW AUSLANDER CFA FRM

TREASURER

Total calculated

$0

Hours/week

3 + 3 related
Marya Ann Savola CFA MBAMARYA ANN SAVOLA CFA MBA

SECRETARY

Total calculated

$0

Hours/week

3 + 3 related
Ken D'Souza CFAKEN D'SOUZA CFA

DIRECTOR

Total calculated

$0

Hours/week

3 + 3 related
Amelie Derosne CFAAMELIE DEROSNE CFA

DIRECTOR

Total calculated

$0

Hours/week

3 + 3 related
Caroline Busby CFACAROLINE BUSBY CFA

DIRECTOR

Total calculated

$0

Hours/week

3 + 3 related
Kelly Ye CFAKELLY YE CFA

DIRECTOR

Total calculated

$0

Hours/week

3 + 3 related
Arthur Fliegelman CFAARTHUR FLIEGELMAN CFA

DIRECTOR

Total calculated

$0

Hours/week

3 + 3 related
Katrina Dudley CFAKATRINA DUDLEY CFA

DIRECTOR

Total calculated

$0

Hours/week

3 + 3 related
Paulina Rogawski Tep CrpcPAULINA ROGAWSKI TEP CRPC

DIRECTOR

Total calculated

$0

Hours/week

3 + 3 related
Sanjay Arora CFA Cma AcaSANJAY ARORA CFA CMA ACA

DIRECTOR

Total calculated

$0

Hours/week

3 + 3 related
Deepika Sharma CFADEEPIKA SHARMA CFA

FORMER DIRECTOR

Total calculated

$0

Hours/week

3 + 3 related
Sammy Suzuki CFASAMMY SUZUKI CFA

FORMER DIRECTOR

Total calculated

$0

Hours/week

3 + 3 related
Arun ManansinghARUN MANANSINGH

CEO

Total calculated

$199,963

From this org

$195,833

From related orgs

$0

Other

$4,130

Hours/week

40

Schedule J breakdown matched by us

Base

$195,833

Bonus

$0

Other

$0

Deferred

$3,231

Nontaxable benefits

$899

Filer's total

$199,963
Lourdes MortelLOURDES MORTEL

CFO

Total calculated

$45,888

From this org

$45,623

From related orgs

$0

Other

$265

Hours/week

40
Robert RowanROBERT ROWAN

DIRECTOR OF CFANY ASSET OWNER SERIES

Total calculated

$130,451

From this org

$103,506

From related orgs

$0

Other

$26,945

Hours/week

40
Christopher BruzeseCHRISTOPHER BRUZESE

DIRECTOR OF MEDIA PRODUCTIONS

Total calculated

$127,859

From this org

$120,227

From related orgs

$0

Other

$7,632

Hours/week

40
James CoppolaJAMES COPPOLA

DIRECTOR OF SPONSORSHIPS AND PARTNERSHIPS

Total calculated

$136,479

From this org

$109,494

From related orgs

$0

Other

$26,985

Hours/week

40
James SkowrenskiJAMES SKOWRENSKI

DIRECTOR OF MARKETING AND MEMBERSHIP

Total calculated

$127,521

From this org

$107,511

From related orgs

$0

Other

$20,010

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: 2022
Filed: 24 April 2024
IRS schema version: 2022v5.0
Source object: 202431229349300828

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