Aicpa Benevolent Fund Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 136168775 ✦ Durham, NC ✦ Designated as a 501(c)(3)

Overview

What is Aicpa Benevolent Fund Inc?

Aicpa Benevolent Fund Inc, headquartered in Durham, North Carolina, is a charitable organization with a mission to provide financial assistance to members of the American Institute of Certified Public Accountants (AICPA) and their families who are facing financial hardships due to serious illness, accidents, or the loss of the primary income source. In 2022, the fund aided 13 individuals by covering daily subsistence expenses, medical costs, and prescription expenses that exceeded their insurance coverage. The fund's primary goal is to offer a helping hand during challenging times, ensuring the well-being of its members and their families.


Official website here: www.aicpa.org

Is Aicpa Benevolent Fund Inc legitimate?

Aicpa Benevolent Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aicpa Benevolent Fund Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.aicpa.org

What is the mission statement of Aicpa Benevolent Fund Inc?

The Aicpa Benevolent Fund Inc, as its mission, aims to provide financial assistance to members of the American Institute of Certified Public Accountants who are in need and their families. Specifically, the fund offers aid to cover daily subsistence expenses, medical and prescription costs that surpass insurance coverage due to serious illness, accident, or the demise of the primary family income earner. During the year 2022, 13 individuals received such assistance from the fund.


Official website here: www.aicpa.org

Who is the CEO of Aicpa Benevolent Fund Inc?

Timothy Laspaluto is the Trustee of Aicpa Benevolent Fund Inc.


Official website here: www.aicpa.org

What is the revenue of Aicpa Benevolent Fund Inc?

Aicpa Benevolent Fund Inc's revenue in 2022 was $509,981.


Official website here: www.aicpa.org

Who are the executives of Aicpa Benevolent Fund Inc and what are their salaries?

Here are 8 key members and their salaries:

    Timothy J Laspaluto (Treasurer)
  • Compensation: $0
  • Related: $361,312
  • Other: $46,456

    • Alexandria Romero (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Andrew Mintzer (Board Liaison) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Beth A Reho (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bridget Kaigler (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joshua Russell (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristine Hull (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ronald A Gitz (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.aicpa.org

    Where can I find the form 990 for Aicpa Benevolent Fund Inc?

    The Aicpa Benevolent Fund Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.aicpa.org

    Learn more at the official website: www.aicpa.org

    Mission Statement of Aicpa Benevolent Fund Inc

    The Aicpa Benevolent Fund Inc, as its mission statement suggests, is dedicated to providing financial assistance to members of the American Institute of Certified Public Accountants (CPA) and their families who find themselves in challenging circumstances. This nonprofit organization aims to offer support to its members when they encounter difficulties that result in increased daily subsistence expenses, or medical and prescription costs that surpass their insurance coverage due to serious illness, accidents, or the demise of the primary family income earner. In the year 2022, 13 individuals benefited from this financial aid provided by the Aicpa Benevolent Fund Inc.

    Impact

    This information is meant to be a general summary of Aicpa Benevolent Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    The Aicpa Benevolent Fund Inc provides crucial financial assistance to members of the American Institute of Certified Public Accountants and their families who are facing difficult circumstances. Through its mission of offering support for daily subsistence expenses, medical costs, and other financial burdens resulting from serious illness, accidents, or the loss of a primary income source, the Fund has a direct and tangible impact on the lives of those it helps. In the year 2022, 13 individuals benefited from the assistance provided by the Fund, highlighting its importance in providing a safety net for those in need.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $359,317
  • Program Service Revenue: $0
  • Gross Receipts: $509,981

    • Assets and Liabilities:
  • Total Assets: $10,990,699
  • Total Liabilities: $25,755
  • Net Assets: $10,964,944
  • Organization Details

    Founding Year

    1933

    Principal Officer

    Timothy Laspaluto

    Main Address

    220 LEIGH FARM ROAD, DURHAM, NC, 27707

    NTEE Category

    Code: M20 - Public safety

    If you are a representative of Aicpa Benevolent Fund Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.