People

James (Jim) Ferrone is a Director at Grassi. He has more than 25 years of experience in public accounting to the firm. Jim specializes in providing audit, compilations, reviews, tax planning, and management advisory services to nonprofit organizations and family-owned businesses in the manufacturing and professional service industries. Jim’s areas of expertise include the Employee Retirement Income Security Act (ERISA) and Yellow Book/nonprofit auditing.

Before the firm merged with Grassi, Jim was a Director at Gramkow, Carnevale, Seifert, & Co., LLC (GCS) for five years. He is a licensed Certified Public Accountant (CPA) in New Jersey and New York.

Jim is a member of the American Institute of Certified Public Accountants (AICPA), New York State Society of CPAs (NYCPA), and the New Jersey Society of Certified Public Accountants (NJCPA). He is a past president of the Essex County Chapter of the NJCPA and has served on several of its committees. Jim has been asked to speak and write on nonprofit and ERISA issues. He also attends seminars and workshops in the field of ERISA and OMB Uniform Guidance (formerly A-133) nonprofit auditing.

Jim earned his Bachelor of Science in Accounting from St. Thomas Aquinas College.