Is it real?
Yes. Exemption reinstated (2015-10-15). Per the IRS revocation list. Latest filing on record: FY2025. IRS ruling in Mar 2021.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
17 people listed on the 990; $1.4M paid to officers and key staff.
Stephen Heathcote’s $528K as Chief Executive Officer is at the 97th percentile of top reported officer pay among 2832 $1–10M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Stephen Heathcote | $527,860 | $529,933 | $415,159 | $417,175 | $371,357 |
| Theirry Delvaux | — | — | $261,993 | $295,772 | $248,740 |
| Maureen Dillmore Executive | $292,845 | — | — | — | — |
| Maureen Dillmore | — | $276,430 | — | — | — |
| George Guo Executive Director - | $266,681 | — | — | — | — |
| Gorana Stojanovic Executive | $253,871 | — | — | — | — |
| Michelle Arnold | — | — | $253,629 | $253,629 | $249,175 |
| George Guo | — | $252,823 | $196,390 | $221,667 | $146,633 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Promotes common interests of regional members, independent firms, and the public accounting profession.
Questions for Primeglobal INC
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Conferences
We hold several annual conferences on various practice areas, such as accounting & auditing, tax, management, etc. These conferences are designed to enhance members' technical knowledge and interact with members to develop business and professional relationships.
Association Building Activities
To build a strong membership, board members, and regional representatives travel to increase the number of member firms participating in the association.
Member Communications
We prepare a membership directory for worldwide distribution to promote communication among members.
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $458K | $298K |
| Total assetsLn 16 | $573K | $1.0M |
| LiabilitiesLn 26 | $483K | $842K |
| Net assetsLn 32 | $90K | $186K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Management feesLn 11a | $411K | |||
| Legal feesLn 11b | $39K | |||
| Accounting feesLn 11c | $36K | |||
| Other fees for servicesLn 11g | $3.0M | |||
| Office expensesLn 13 | $138K | |||
| Information technologyLn 14 | $253K | |||
| TravelLn 17 | $83K | |||
| Conferences, conventions and meetingsLn 19 | $45K | |||
| InsuranceLn 23 | $32K | |||
| Other expenses (24a–d)Ln 24 | $290K | |||
| Total functional expensesLn 25 | $4.3M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $5.1M | $5.1M | −$6K | $328K | 990 PDF |
| FY2024 | $4.8M | $4.6M | $149K | $335K | 990 PDF |
| FY2023 Viewing | $4.4M | $4.3M | $98K | $186K | 990 PDF |
| FY2022 | $3.7M | $3.9M | −$266K | $90K | 990 PDF |
| FY2021 | $3.5M | $3.3M | $142K | $358K | 990 PDF |
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Schedules filed Part IV
See the full FY2023 990 (6 parts)
Part I · Summary $4,404,067 revenue, 12 lines filed
Part VI · Governance 11 of 11 board members independent, no flags
Part VIII · Statement of revenue $4,404,067 across 4 lines filed
Part IX · Statement of functional expenses $4,305,594 across 10 lines filed
Part X · Balance sheet $1,028,098 assets, 7 lines filed
Part XI · Reconciliation of net assets $185,873 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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