Overview
What is Accounting Aid Society?
Accounting Aid Society is a nonprofit organization situated in Detroit, Michigan, specifically at 3031 West Grand Blvd Suite 470. With a team of 79 dedicated individuals, this organization plays a significant role in positively impacting over 14,000 lives annually. Their mission is geared towards fostering an inclusive economy in Detroit and Southeastern Michigan. They achieve this by offering a range of services, such as providing free tax preparation, small business financial services, financial coaching, and call center workforce training. By doing so, Accounting Aid Society helps individuals, families, and small businesses build a solid financial foundation, ultimately contributing to $27 million in economic impact on low and middle-income households. The organization's volunteer force of over 150 individuals donates invaluable time and effort, contributing more than 7,500 hours to the cause. This nonprofit organization's work is instrumental in ensuring that essential funds are redirected to Detroit neighborhoods, often used for basic necessities like food, utilities, transportation, and rent.
Official website here: www.accountingaidsociety.org
Is Accounting Aid Society legitimate?
Accounting Aid Society is a legitimate nonprofit organization registered as a 501(c)(3) entity. Accounting Aid Society 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: $233,251
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,959,870
For more financial information, click here
Official website here: www.accountingaidsociety.org
What is the mission statement of Accounting Aid Society?
The Accounting Aid Society's mission is centered around fostering economic growth for individuals, families, and small businesses. They achieve this by offering free tax preparation services, small business financial assistance, financial coaching, and call center workforce training. Annually, they impact over 14,000 lives, contributing an estimated $27 million to the economy for low and middle-income households. Their services, primarily volunteered by over 150 individuals, are designed to promote sustainable and equitable growth in communities. By providing these essential services, the Accounting Aid Society assists in gaining economic self-sufficiency, enabling its clients to become active participants in their local economy.
Official website here: www.accountingaidsociety.org
Who is the CEO of Accounting Aid Society?
John Anstett is the Treasurer of Accounting Aid Society. The CEO's salary of Accounting Aid Society is $141,015 and their total compensation is $141,015.
Official website here: www.accountingaidsociety.org
What is the revenue of Accounting Aid Society?
Accounting Aid Society's revenue in 2022 was $3,418,854.
Official website here: www.accountingaidsociety.org
Who are the executives of Accounting Aid Society and what are their salaries?
The average compensation at Accounting Aid Society during 2022 was $27,761. There are 79 employees and 157 volunteers at Accounting Aid Society.
Here are 25 key members and their salaries (Accounting Aid Society's CEO's salary is $141,015 and their total compensation is $141,015):
- Priscilla Perkins (President And Ceo) [Trustee/Director]
- Harry Fredrick Cook (Senior Director Of Fin And Ad)
- Anthony Mccree (Director)
- Gregory A Nowak (Director)
- Ron Lang (Director)
- Tamara Johnson (Director)
- Bryan Kieler (Director)
- Nick Quigley (Director)
- Brendan Sullivan (Director)
- Alan C Young (Director)
- Dion D Stevens (Director)
- David T Rehrauer (Director)
- Steven Schwartz (Director)
- Terry Conley (Director)
- Patricia Degiuli (Director)
- Robert Zalewski (Director - Immediated Past Ch)
- Kenneth Bluhm (Director)
- Lisa Fort (Director)
- Audrey Harvey (Director)
- Diane Dossin (Director)
- Richard Favor (Director)
- Lashanda Davis (Vice Chair) [Trustee/Director]
- Lisa Howze (Chair) [Trustee/Director]
- John Anstett (Treasurer) [Trustee/Director]
- Jeramey J Lynch (Secretary) [Trustee/Director]
Official website here: www.accountingaidsociety.org
Where can I find the form 990 for Accounting Aid Society?
The Accounting Aid Society’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.accountingaidsociety.org
Learn more at the official website: www.accountingaidsociety.org
Mission Statement of Accounting Aid Society
The Accounting Aid Society, a nonprofit organization, is committed to fostering economic growth for individuals, families, and small businesses within Detroit and Southeastern Michigan. They achieve this mission by offering a range of free services, including tax preparation, small business financial assistance, financial coaching, and call center workforce training. These services aim to provide a foundation for economic independence, enabling their clients to meet their basic needs and contribute to their communities. The Accounting Aid Society's efforts are instrumental in diverting substantial financial resources back into Detroit neighborhoods, ultimately having an economic impact of $27 million on low and middle-income households annually. With the help of over 150 dedicated volunteers, the organization provides over 7,500 hours of assistance, empowering individuals to prosper and become integral parts of the regional economy.
Impact
This information is meant to be a general summary of Accounting Aid Society. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Accounting Aid Society's impact is profound in Detroit and Southeastern Michigan. Accounting Aid Society's services touch over 14,000 lives annually, resulting in an economic impact of $27 million on low and middle-income households. This impact is achieved through the provision of free tax preparation, small business financial services, financial coaching, and call center workforce training. More than 150 volunteers generously donate over 7,500 hours to help clients build a foundation for economic independence. The dollars saved by clients through these services are often reinvested back into Detroit neighborhoods, covering essential needs such as food, utilities, transportation, and rent. Ultimately, Accounting Aid Society's initiatives are designed to promote sustainable and equitable growth in Detroit neighborhoods, empowering clients to achieve economic self-sufficiency and participate fully in the region's economic landscape.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DTE Home Heating Credit
Revenue
$75,000
Accounting Aid Academy
Revenue
$8,762
VITA income
Revenue
$6,000
Organization Details
Founding Year
1972
Principal Officer
John Anstett
Main Address
3031 West Grand Blvd Suite 470, Detroit, MI, 48202
Website
www.accountingaidsociety.org
NTEE Category
Code: S50Z - Community improvement
If you are a representative of Accounting Aid Society 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.