The Financial Accounting Standards Board on Wednesday announced the appointment of four new members to its Not-for-Profit Advisory Committee, effective immediately.
As a resource for the FASB, the NAC obtains input from the not-for-profit sector on existing financial reporting guidance, current and proposed technical agenda projects, and longer-term or pervasive financial reporting matters affecting those organizations.
The new NAC members are:
- Christina Dutch, Partner, National Office, PwC US
- Jennifer Hoffman, Partner and National Leader, Not-for-Profit and Higher Education Audit Practices, Grant Thornton
- Diane Manning, Northeast Industry Lead, Not-for-Profit and Higher Education, Capital One
- Pete Ugo, Partner and National Leader, Not-for-Profit and Higher Education Audit Practices, Crowe.
Each new member was appointed to a four-year term ending on Dec. 31, 2028.
“The four new members of the NAC bring to the group a significant amount of professional experience in the not-for-profit sector—Christina, Jennifer, and Pete as practitioners, and Diane as a financial statement user,” FASB Chair Richard Jones said in a statement. “I’m pleased to welcome them to their roles and look forward to their insights on standard-setting issues affecting not-for-profit stakeholders.”
Three NAC members concluded their service on Dec. 31, 2024: John Alfonso, CohnReznick; Tina Dzik, Cohen & Co.; and Christine Terhark, Deloitte & Touche.
“John, Tina, and Christine served their NAC terms with distinction, providing valuable input, from a not-for-profit perspective, on FASB projects and initiatives,” Jones said. “We appreciate their years of service and thank them for supporting our work to develop standards that provide financial statement users with information they will use in their decisions.”
Other current members of the NAC include:
- Brian Conner, Partner, Moss Adams
- Jeanne M. Dee, Partner, Anders CPAs + Advisors
- Robert Dobbins, Managing Director, S&P Global Ratings
- Mai-Anh Fox, CFO, The Ford Foundation
- Alex Galeano, Senior Executive Vice President and CFO, Independent Community Bankers of America
- Andy Gutierrez, CFO, ProHealth Care Inc.
- Andrea Kantor, Managing Director, Not-for-Profit, Webster Bank
- Anat Kendal, Chief Financial and Business Operations Officer, Pancreatic Cancer Action Network
- Ellen Labita, Partner, Baker Tilly US
- Sheryl M. Madden, Deputy CFO and Controller, The Kresge Foundation
- Brian McAllister, Professor of Accounting, University of Colorado-Colorado Springs
- JR Miller, Executive Vice President and CFO, Leukemia & Lymphoma Society
- Deana Paradis, CFO, Louisville Collegiate School
- Ksenia Popke, Partner, Eide Bailly
- Kerri Tricarico, Senior Associate Vice President Financial Operations and Controller, New York University
- Observers: Judith Welsh-Liebross, New York State Department of Law, Charities Bureau (representing National Association of State Charity Officials); Stephanie Otero, AICPA Associate Director for Not-for-Profits
The next NAC meeting will be held on March 20 at the FASB’s offices in Norwalk, CT.
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