TY 2015 Form 990EZ

Part IIIStatement of Program Service Accomplishments (see the instructions for Part III) Check if the organization used Schedule O to respond to any question in this Part III . .	Expenses (Required for section 501(c)(3) and 501(c)(4) organizations; optional for others.)
What is the organization's primary exempt purpose? TO BENEFIT ITS MEMBERS IN PUBLIC ACCOUNTING.
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. In a clear and concise manner, describe the services provided, the number of persons benefited, and other relevant information for each program title.
28 THE ORGANIZATION'S PURPOSE IS TO ELEVATE AND MAINTAIN AMONG ITS MEMBERS A HIGH STANDARD OF PROFICIENCY AND INTEGRITY; TO PROMOTE AND TO PROTECT THE INTEREST OF PUBLIC ACCOUNTANTS BY ENCOURAGING IMPROVEMENTS IN THE LAWS AFFECTING ACCOUNTANCY; TO CULTIVATE A SPIRIT OF PROFESSIONAL COOPERATION AMONG ITS MEMBERS; TO ESTABLISH GOODWILL AND UNDERSTANDING BETWEEN THE GENERAL PUBLIC AND THE PUBLIC ACCOUNTING PROFESSION THROUGHOUT THE STATE OF MAINE AND TO DO THIS ACCORDING TO THE CODE OF ETHICS AND RULES OF PROFESSIONAL CONDUCT, TO ENCOURAGE THE IMPROVEMENTS OF ACCOUNTING EDUCATION OF YOUNG MEN AND WOMEN, AND FURNISH INFORMATION REGARDING ACCOUNTANCY AND IT'S PRACTICES AND METHODS TO PERSONS INTERESTED. (Grants $ ) If this amount includes foreign grants, check here ...	28a
29 (Grants $ ) If this amount includes foreign grants, check here ...	29a
30 (Grants $ ) If this amount includes foreign grants, check here ...	30a
31 Other program services (describe in Schedule O) ................ (Grants $ ) If this amount includes foreign grants, check here...	31a
32 Total program service expenses (add lines 28a through 31a)..........	32

Part IIIStatement of Program Service Accomplishments (see the instructions for Part III) Check if the organization used Schedule O to respond to any question in this Part III . .

Expenses
(Required for section 501(c)(3) and 501(c)(4) organizations; optional for others.)

What is the organization's primary exempt purpose? TO BENEFIT ITS MEMBERS IN PUBLIC ACCOUNTING.

Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. In a clear and concise manner, describe the services provided, the number of persons benefited, and other relevant information for each program title.

28 THE ORGANIZATION'S PURPOSE IS TO ELEVATE AND MAINTAIN AMONG ITS MEMBERS A HIGH STANDARD OF PROFICIENCY AND INTEGRITY; TO PROMOTE AND TO PROTECT THE INTEREST OF PUBLIC ACCOUNTANTS BY ENCOURAGING IMPROVEMENTS IN THE LAWS AFFECTING ACCOUNTANCY; TO CULTIVATE A SPIRIT OF PROFESSIONAL COOPERATION AMONG ITS MEMBERS; TO ESTABLISH GOODWILL AND UNDERSTANDING BETWEEN THE GENERAL PUBLIC AND THE PUBLIC ACCOUNTING PROFESSION THROUGHOUT THE STATE OF MAINE AND TO DO THIS ACCORDING TO THE CODE OF ETHICS AND RULES OF PROFESSIONAL CONDUCT, TO ENCOURAGE THE IMPROVEMENTS OF ACCOUNTING EDUCATION OF YOUNG MEN AND WOMEN, AND FURNISH INFORMATION REGARDING ACCOUNTANCY AND IT'S PRACTICES AND METHODS TO PERSONS INTERESTED.
(Grants $ ) If this amount includes foreign grants, check here ... MediumBullet

28a

29
(Grants $ ) If this amount includes foreign grants, check here ... MediumBullet

29a

30
(Grants $ ) If this amount includes foreign grants, check here ... MediumBullet

30a

31 Other program services (describe in Schedule O) ................
(Grants $ ) If this amount includes foreign grants, check here... MediumBullet

31a

32 Total program service expenses (add lines 28a through 31a).......... bullet

(a) Name and title	(b) Average hours per week devoted to position	(c)Reportable compensation (Forms W-2/1099-MISC) (if not paid, enter -0-)
KAREN B DAN EA PRESIDENT	0.50	0
LINDA WHITE EA VICE PRESIDE	0.50	0
SHARON L PERKINS CPA SECRETARY	0.50	1,500
AARON PERKINS CPA TREASURER	0.50	1,500
PATRICIA FLAGG EA DIRECTOR	0.50	0
BRUCE MCAFEE CPA DIRECTOR	0.50	0
BARBARA WEST EA DIRECTOR	0.50	0
PHYLLIS QUINN EA DIRECTOR	0.50	0
NANCY GERBER CPA DIRECTOR	0.50	0
ROBERT PARKER CPA DIRECTOR	0.50	0

(a) Name and title

(b) Average
hours per week
devoted to position

(c)Reportable compensation
(Forms W-2/1099-MISC) (if not paid, enter -0-)

(d) Health benefits, contributions to employee benefit plans,
and deferred compensation

(e) Estimated amount
of other compensation

KAREN B DAN EA

PRESIDENT

0.50

LINDA WHITE EA

VICE PRESIDE

0.50

SHARON L PERKINS CPA

SECRETARY

0.50

1,500

AARON PERKINS CPA

TREASURER

0.50

1,500

PATRICIA FLAGG EA

DIRECTOR

0.50

BRUCE MCAFEE CPA

DIRECTOR

0.50

BARBARA WEST EA

DIRECTOR

0.50

PHYLLIS QUINN EA

DIRECTOR

0.50

NANCY GERBER CPA

DIRECTOR

0.50

ROBERT PARKER CPA

DIRECTOR

0.50

(a) Name and title of each employee

(b) Average
hours per week
devoted to position

(c) Reportable compensation
(Forms W-2/1099-MISC)

(d) Health benefits, contributions to employee benefit plans, and deferred compensation

(e) Estimated amount of other compensation

(a) Name and business address of each independent contractor

(b) Type of service

(c) Compensation

- TIN:

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.
MediumBullet

Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.

OMB No. 1545-0047

2015

Open to Public
Inspection

Name of the organization

MAINE ASSOCIATION OF
PROFESSIONAL ACCOUNTANTS

Employer identification number

22-2492611

Return Reference	Explanation
FORM 990-EZ, PART I, LINE 16	EXPENSES ANNUAL CONFERENCE 9,946 GEAR UP TAX SEMINAR - SEPT 9,354 GEAR UP TAX SEMINAR - DEC 71,094 MONTHLY MEETING EXPENSE 521 CONFERENCE - DELEGATE REIMB. 6,500 BOARD MEETINGS 209 LEGISLATIVE UPDATES AND L 3,430 SCHOLARSHIPS 6,000 BANK CHARGES 36 OFFICE EXPENSE AND SUPPLI 511 PRINTING AND COPYING 593 FUND FEES 195 WEB SITE 105 SECRETARY EXPENSE 299 TREASURERS EXPENSE 10 LICENSE/IRS 469 MEMBERSHIP/PUBLIC RELATIO 1,309 OFFICER GIFT 135 TOTAL 110,716
FORM 990-EZ, PART I, LINE 20	UNREALIZED GAIN (LOSS) ON INVESTMENTS -8,674
FORM 990-EZ, PART II, LINE 24	ALLIANCE MUTUAL FUND - FMV 57,713 0 US TREASURY NOTE 8/15/2022 55,289 0 INVESTMENTS - KEY BANK 19,474 0 PREPAID EXPENSE-GEAR UP DEC. 2,000 1,000 INVESTMENTS AT EDWARD JONES 0 123,889 TOTAL 134,476 124,889
FORM 990-EZ, PART II, LINE 26	ACCOUNTS PAYABLE AND ACCRUED EXPENSES 0 4,646
FORM 990-EZ, PART III, LINE 28	THE ORGANIZATION'S PURPOSE IS TO ELEVATE AND MAINTAIN AMONG ITS MEMBERS A HIGH STANDARD OF PROFICIENCY AND INTEGRITY; TO PROMOTE AND TO PROTECT THE INTEREST OF PUBLIC ACCOUNTANTS BY ENCOURAGING IMPROVEMENTS IN THE LAWS AFFECTING ACCOUNTANCY; TO CULTIVATE A SPIRIT OF PROFESSIONAL COOPERATION AMONG ITS MEMBERS; TO ESTABLISH GOODWILL AND UNDERSTANDING BETWEEN THE GENERAL PUBLIC AND THE PUBLIC ACCOUNTING PROFESSION THROUGHOUT THE STATE OF MAINE AND TO DO THIS ACCORDING TO THE CODE OF ETHICS AND RULES OF PROFESSIONAL CONDUCT, TO ENCOURAGE THE IMPROVEMENTS OF ACCOUNTING EDUCATION OF YOUNG MEN AND WOMEN, AND FURNISH INFORMATION REGARDING ACCOUNTANCY AND IT'S PRACTICES AND METHODS TO PERSONS INTERESTED.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2015

Additional Data

Software ID:
Software Version:

1	Contributions, gifts, grants, and similar amounts received ....................	1
2	Program service revenue including government fees and contracts ...............	2	114,920
3	Membership dues and assessments ...........................	3	11,606
4	Investment income ...........................	4	2,466
5a	Gross amount from sale of assets other than inventory .....	5a	55,564
b	Less: cost or other basis and sales expenses .......	5b	57,749
c	Gain or (loss) from sale of assets other than inventory (Subtract line 5b from line 5a) ......	5c	-2,185
6	Gaming and fundraising events
a	Gross income from gaming (attach Schedule G if greater than $15,000)	6a
b	Gross income from fundraising events (not including $ of contributions from fundraising events reported on line 1) (attach Schedule G if the			sum of such gross income and contributions exceeds $15,000) ..	6b
c	Less: direct expenses from gaming and fundraising events ...	6c
d	Net income or (loss) from gaming and fundraising events (add lines 6a and 6b and subtract line 6c)	6d
7a	Gross sales of inventory, less returns and allowances ......	7a
b	Less: cost of goods sold .............	7b
c	Gross profit or (loss) from sales of inventory (Subtract line 7b from line 7a) .........	7c
8	Other revenue (describe in Schedule O) ..........	8
9	Total revenue. Add lines 1, 2, 3, 4, 5c, 6d, 7c, and 8 ..............	9	126,807

10	Grants and similar amounts paid (list in Schedule O) ............	10
11	Benefits paid to or for members ................	11
12	Salaries, other compensation, and employee benefits ................	12	3,000
13	Professional fees and other payments to independent contractors ............	13	3,000
14	Occupancy, rent, utilities, and maintenance ...................	14
15	Printing, publications, postage, and shipping ..............	15
16	Other expenses (describe in Schedule O) ..............	16	110,716
17	Total expenses. Add lines 10 through 16 ..............	17	116,716

18	Excess or (deficit) for the year (Subtract line 17 from line 9) ............	18	10,091
19	Net assets or fund balances at beginning of year (from line 27, column (A)) (must agree with
	end-of-year figure reported on prior year’s return) ............	19	184,924
20	Other changes in net assets or fund balances (explain in Schedule O) ..........	20	-8,674
21	Net assets or fund balances at end of year. Combine lines 18 through 20 .......	21	186,341

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