National Society Of Accountants For Cooperatives

What National Society Of Accountants For Cooperatives does

The National Society of Accountants for Cooperatives (NSAC) is a nonprofit professional membership organization founded in 1935 and headquartered in Miamisburg, Ohio. It serves approximately 1,800 professionals working in cooperative tax, accounting, auditing, and finance, including CPAs, tax professionals, finance managers, and auditors serving agricultural, supply, electric, and other cooperatives operating under Subchapter T of the Internal Revenue Code and FERC Uniform System of Accounts. NSAC operates as the only professional organization dedicated exclusively to this niche, delivering specialized continuing education, peer networking, and industry-specific publications to its members.

NSAC's product portfolio comprises five core offerings: The Cooperative Accountant (a quarterly industry-standard journal), the CONNECT member platform (hosted on GrowthZone), Cooperative Learning Network (CLN) live webinars (delivered via Zoom), the annual COMPASS Conference, and the Knowledge Exchange member-only roundtable event limited to 25 participants per track. The organization generates revenue through membership dues (primary recurring stream), event registration fees (including $465 per Knowledge Exchange attendee), tiered educational content access (free for members, nominal fees for non-members), publications distributed through CONNECT, and corporate sponsorships from cooperative finance institutions (CFC, CoBank) and CPA firms (BSGM, Forvis Mazars, LVPFC).

The go-to-market motion is community-led and event-driven. Acquisition relies on member referrals, regional chapter networks (Atlantic Chapter, Electric Cooperative Chapter), and visibility at annual events. Marketing channels include the quarterly journal, news articles, email newsletters, webinars, and the member portal. Leadership consists of a small core team (1-10 employees) supported by Wayne Sine as Education Director, with governance provided by a volunteer Board of Directors. No parent company, funding rounds, or external equity ownership are present, consistent with a member-governed nonprofit association.

Name

National Society Of Accountants For Cooperatives

Legal name

National Society of Accountants for Cooperatives

Website

https://nsacoop.org

Company type

Private

Founded year

1935

Operating status

Operating

Headcount range

1–10 employees

Short description

NSAC is a nonprofit professional membership organization founded in 1935 serving approximately 1,800 cooperative tax, accounting, and finance professionals through specialized education, publications, webinars, and annual conferences focused exclusively on the cooperative sector.

Ownership category

akta.pro rank

Headquarters

HQ city

Valley Stream

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Membership Dues: NSAC operates as a professional membership organization. Professionals join to gain access to specialized education, networking, publications, and the member-only CONNECT platform. The organization states membership comprises 1,800 professionals dedicated to cooperative tax, accounting, and finance.
2. Event Registration Fees: NSAC generates revenue through event registrations including the annual COMPASS conference and the Knowledge Exchange. The Knowledge Exchange registration is priced at $465 for members and includes all scheduled meals and breaks. Non-member pricing for major events differs from member pricing.
3. Educational Content (Non-Members): NSAC offers Cooperative Learning Network webinars free for members, while non-members pay nominal fees. This creates a tiered revenue model where non-member educational participation generates ancillary revenue.
4. Publications: NSAC publishes The Cooperative Accountant journal covering cooperative-related accounting, auditing, finance, management, legal, regulatory, and taxation issues. The publication is a member benefit distributed through the CONNECT platform.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

NSAC is a nonprofit professional membership association that delivers cooperative-sector accounting, tax, finance, and business education to roughly 1,800 professional members across the United States. Its core deliverables include the annual COMPASS conference, Knowledge Exchange roundtables, Cooperative Learning Network (CLN) webinars, The Cooperative Accountant quarterly journal, and the CONNECT member portal providing CPE-credentialed content. The organization is governed by a Board of Directors and supported by industry sponsors such as BSGM, CFC, CoBank, Forvis Mazars, and LVPFC.

Product overview

NSAC operates as a professional membership organization providing educational resources, publications, and networking opportunities exclusively for cooperative accounting, tax, and finance professionals. The organization offers a unified portfolio consisting of The Cooperative Accountant journal, the CONNECT member platform, live Cooperative Learning Network webinars, the annual COMPASS Conference, and the Knowledge Exchange program. These offerings are delivered through a membership-based model supporting approximately 1,800 professionals in the cooperative sector.

Differentiator

Problem solved

Functional benefit

Brands

• COMPASS: Annual conference brand for cooperative accounting, tax, and finance professionals.
• The Cooperative Accountant
• Cooperative Learning Network (CLN)
• Knowledge Exchange

Products and services

• The Cooperative Accountant (TCA) Industry-standard quarterly journal covering cooperative-related accounting, auditing, finance, cooperative management, legal and regulatory issues, and taxation. Distributed to members through the CONNECT platform.
• CONNECT Member Platform

Quantifiable outcome

• NSAC awards scholarships to outstanding students pursuing educational goals in accounting, business, and finance to support the next generation of cooperative professionals
• +1 more outcomes

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered core and minor.

• Bolinger, Segars, Gilbert & Moss, LLP (BSGM)coreStrategic or Co-development PartnerBSGM is a longstanding annual sponsor of NSAC's COMPASS conference and a key presenter at Cooperative Learning Network webinars. The firm specializes in electric cooperative audits and provides expert speakers on topics including work order accounting, depreciation studies, and tax issues affecting electric cooperatives.
• National Rural Utilities Cooperative Finance Corporation (CFC)coreStrategic or Co-development PartnerCFC is an annual sponsor of NSAC events and contributes expert presenters on topics including economic trends, electric cooperative quarterly updates, data centers, and risk management. CFC provides financing solutions to cooperatives and actively supports cooperative professional education.
• CoBank, ACBcoreStrategic or Co-development PartnerCoBank sponsors NSAC events and provides expert presenters on agricultural economic outlook, dairy market volatility, and quarterly industry updates. As a cooperative bank serving agriculture and other sectors, CoBank's partnership supports NSAC's educational mission.
• Forvis MazarscoreStrategic or Co-development PartnerForvis Mazars is a Knowledge Exchange sponsor and contributes expert presenters on topics including business combinations accounting, Section 174 capitalization, and cooperative tax issues. The firm supports NSAC's educational programming through sponsorship and content expertise.
• LVPFC (Lansdale Virtual Power Federal Credit Union)minorStrategic or Co-development PartnerLVPFC is listed among NSAC sponsors, supporting the organization's educational mission for cooperative professionals.

Scale indicators3 records

Recent moves1 record

Expansion highlights5 records

Others

• ASAE (American Society of Association Executives): Membership organization for association professionals. Comparable as a peer of NSAC's own association management model and a potential benchmarking/operating partner, rather than a direct competitor.

Broad incumbents

• American Institute of CPAs (AICPA): The largest U.S. professional association for CPAs, offering CPE, publications, and member platforms. NSAC operates as a niche vertical specialist within the same professional-association model that AICPA represents at national scale.

Direct peers

• National Rural Electric Cooperative Association (NRECA): National service organization for electric cooperatives offering education, training, and publications. NSAC's electric cooperative content (FERC USoA, work orders, depreciation) closely parallels NRECA's mission to support electric co-op professionals.
• Institute of Management Accountants (IMA): Global association for management accountants offering CPE, certifications (CMA), and publications. Comparable to NSAC as a niche accounting professional association with a membership, publication, and conference-driven business model.
• National Association of Tax Professionals (NATP): U.S. membership association serving tax practitioners with continuing education, publications, and an annual conference. Comparable to NSAC in nonprofit association structure, recurring member dues model, and CPE-accredited programming, though broader in scope (not cooperative-specific).
• National Council of Farmer Cooperatives (NCFC): Trade association representing U.S. farmer cooperatives. Comparable because it serves the cooperative sector with advocacy, education, and member events, mirroring NSAC's role for cooperative finance professionals specifically.
• Cooperative League of the USA (CLUSA / NCBA CLUSA): National cooperative business association advocating for cooperative enterprises across sectors. Comparable in cooperative-sector focus, member-based structure, and educational mission, though broader in scope than NSAC's accounting specialization.
• National Conference of CPA Practitioners (NCCPAP): U.S. membership association for practicing CPAs offering CPE, advocacy, and publications. Directly comparable to NSAC in nonprofit, dues-funded model and continuing education focus, though NSAC targets a cooperative-specific segment.

Regional players

• Foundation for Accounting Education (FAE): Educational arm of the NYSSCPA providing CPE to New York CPAs. Comparable in providing accounting-specific CPE via events and webinars, but geographically scoped to New York rather than a national cooperative niche.
• CGA-Canada (CPA Canada): Canadian national accounting body serving CPAs with publications, education, and conferences. Comparable in nonprofit professional-association structure, but operates in a different national market than NSAC.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/NSAC1
• LinkedInlinkedin.com/company/newport-sales

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about National Society Of Accountants For Cooperatives