Financial Managers Society

“Form 990, Part VI, Line 11b - The Form 990 is compiled by the organization's Designated Tax Officer based on the financial statements and schedules provided by the organization's Treasurer. The Designated Tax Officer is a CPA and Tax Director at a professional tax services firm in the Greater Philadelphia area. Any potential errors or inconsistencies are discussed and resolved prior to filing of the final form by the organization with the IRS.”

“Form 990, Part VI, Line 19 - The organization does not typically provide its governing documents, policies or financial statement to the general public. These items are available to members upon request.”

“Program: August Golf Outing Date: 8/7/2023 No. of Attendees: 65 Expenses: $40,505 Description: Annual golf outing for FMS members and sponsors. We had a breakfast, lunch, golf outing and dinner. The educational event, sponsored by FHLB Pittsburgh, covered regional economic and banking topics. Program: East Coast Regional Date: 9/24/23-9/26/2023 No. of Attendees: 105 Expenses: $77,324 Description: Attendees will learn from industry experts through an extensive program of contemporary education sessions for community bankers while collaborating with their peers. Title sponsors include: Paladin fs, Atlantic Community Bankers Bank,Chatham Financial, DCG, FHLB, FHN Financial, The Kafafian Group, Performance Trust, RKL, RSM, S.R. Snodgrass,Velligan Blaxall, Wolf & Co, Bank Compensation Consulting, BNN, Piper Sandler, Stevens & Lee, PCBB, Empyrean, Mercadien, Penn Community Bank, Syntellis Program: Ethics Update Date: 11/10/2023 No. of Attendees: 27 Expenses: $3,445 Description: FMS Philadelphia offered a four-hour CPE event for its members. This program was offered for accounting professionals to stay up to date on evolving accounting ethical standards and practices. No sponsors for this event. Program: December - 2023 FMS Holiday Party Date: December 7, 2023 No. of Attendees: 45 Expenses: $10,982 Description: Snodgrass and Janney sponsored the annual holiday party and hosted a toy drive for the Toys for Tots. Program: Understanding What is Going On in the Global Economy and Financial Markets Date: January 10, 2024 No. of Attendees: 21 Expenses: $4,263 Description: Understanding what is going on in the global economy and financial markets and how it affects your financial institution is an ongoing challenge. Program: April All Day Seminar Date: April 19, 2024 No. of Attendees: 36 Expenses: $6,658 Description: This seminar was designed for CFOs, Controllers, accounting managers, investment officers, treasurers, internal auditors, and similar positions from community banks, thrifts, and credit unions. All topics were presented by industry experts. They included: How and Why Banks Hedge, Wholesale Funding Update and Strategies, Monitoring Third Party and Cyber Risk, CECL Update, Security and Compliance Risks and Utilizing AI, and a Tax Update. Multiple sponsors: S.R. Snodgrass, RSM, Chatham Financial, CLA LLP, Wolf & Co, Janney Program: Officer Installation Dinner Meeting Date: May 10, 2024 No. of Attendees: 31 Expenses: $5,553 Description: Annual installation event of the chapter officers. The event was sponsored by The Meridian Bank, Atlantic Community Bankers Bank, Mercadien and RSM US LLP.”