2024-02-07T09:40:02-05:00 2023-12-31 272774643 L&H BUSINESS CONSULTING 1212 YORK RD STE C300 LUTHERVILLE MD 210936274 990 2023-01-01 135569334 CREDIT RESEARCH FOUNDATION INC CRED 4438213000 1812 BALTIMORE BLVD H WESTMINSTER MD 21157 MATT SKUDERA PRESIDENT 4438213000 2024-02-05 true MATT SKUDERA 999009999 false DOMINIC LEVIS EA 93839 P00847462 4108284177 2024-02-05 2023 2023-04-26 12:10:37Z MATT SKUDERA 1735 BAY BOULEVARD POINT PLEASANT BORO NJ 08742 2277556 false X CRFONLINE.ORG X 1949 MD THE FOUNDATION'S PRIMARY OBJECTIVE IS TO PROVIDE EDUCATION AND RESEARCH FOR TODAY'S CREDIT, ACCOUNTS RECEIVABLE AND CUSTOMER FINANCIAL SERVICE PROFESSIONALS. CRF PROMOTES LEADERSHIP AND PROVIDES LINKAGE BETWEEN PRACTICE AND EDUCATION, SERVING ITS DIVERSE MEMBERSHIP BY RECOGNIZING EXCELLENCE, PROMOTING THE EXCHANGE OF INFORMATION AND FOSTERING INTELLECTUAL DEVELOPMENT. 4 4 6 64000 342200 333920 870234 940751 -193282 -11455 68592 220720 1087744 1483936 0 0 1101037 1084959 0 0 547921 503838 1648958 1588797 -561214 -104861 1367248 1443004 514862 574459 852386 868545 X THE FOUNDATION'S PRIMARY OBJECTIVE IS TO PROVIDE EDUCATION AND RESEARCH FOR TODAY'S CREDIT, ACCOUNTS RECEIVABLE AND CUSTOMER FINANCIAL SERVICE PROFESSIONALS. CRF PROMOTES LEADERSHIP AND PROVIDES LINKAGE BETWEEN PRACTICE AND EDUCATION, SERVING ITS DIVERSE MEMBERSHIP BY RECOGNIZING EXCELLENCE, PROMOTING THE EXCHANGE OF INFORMATION AND FOSTERING INTELLECTUAL DEVELOPMENT. false false 790396 502930 CONFERENCES AND MEETINGS - THE FOUNDATION HOSTS SEVERAL CONFERENCES ANNUALLY AND SPONSORS ROUNDTABLE DISCUSSIONS ON VARIOUS TOPICS RELATED TO CREDIT MANANGEMENT. 205534 211730 PUBLICATIONS - THE FOUNDATION PUBLISHES A COMPENSATION STUDY OF CREDIT EXECUTIVES AND PERIODICALS FOR USE BY ITS MEMBERS AND THE GENERAL PUBLIC. 21010 21457 EDUCATION - THE FOUNDATION OFFERS ONLINE SEMINARS COVERING A VARIETY OF CREDIT RELATED TOPICS AS WELL AS GENERAL BUSINESS TOPICS. 199139 205354 RESEARCH - THE FOUNDATION CONDUCTS RESEARCH IN CREDIT RELATED FIELDS AND ACCOUNTS RECEIVABLE MANAGEMENT. 199139 205354 1216079 true true false false false false false false false false true false false false true false true false false false false false false false false false false false false true false false false false false false false false false false false false false false false false false true 4 0 6 true true true false false false false false false false X 4 4 false false false false true true false true true false false false true true true true true true false false X CHERYL WEAVERLING 4438213003 1812 BALTIMORE BLVD H WESTMINSTER MD 21157 MATT SKUDERA PRESIDENT 40.00 X 220774 0 0 CHERYL WEAVERLING CFO 40.00 X 136311 0 0 JACKIE MULLIGAN BOARD CHAIRP 1.00 X X 0 0 0 CURTIS MARSHALL VICE CHAIRPE 1.00 X X 0 0 0 CHRIS ARRINGTON TRUSTEE 1.00 X 0 0 0 PAUL CATALANO PLATINUM PAR 1.00 X 0 0 0 ROBERT ANDERSON TRUSTEE 1.00 X 0 0 0 SHAWNA ARNESON TRUSTEE 1.00 X 0 0 0 DAN HARVICK TRUSTEE 1.00 X 0 0 0 ANDREW MALUEG TRUSTEE 1.00 X 0 0 0 TONI MARIE-MCLEAN TRUSTEE 1.00 X 0 0 0 357085 2 false true false 333920 333920 CONFERENCES AND MEETINGS 611430 502210 502210 PUBLICATIONS 611430 211730 211730 RESEARCH 611430 205354 205354 EDUCATION 611430 21457 21457 940751 31800 31800 750365 793620 -43255 -43255 -43255 ERC CREDIT REVENUE 541800 156000 156000 CREDIT AND FINANCE JOURNAL 541800 45000 45000 CRF NEWS 900099 17750 17750 1970 720 1250 220720 1483936 898216 220000 31800 357085 267813 89272 436596 327447 109149 47935 35951 11984 184811 138608 46203 58532 43899 14633 46312 46312 2452 2452 23964 23964 7990 7990 10578 10578 19789 19789 27650 22121 5529 548 493 55 2287 1830 457 24120 19296 4824 6838 6838 FORUM EXPENSES 302601 302601 EVENT EXPENSES 28241 28241 TAXES AND LICENSES 468 468 1588797 1216079 372718 0 102849 110077 421154 5093 47657 47867 172095 102895 90495 69200 1119754 793306 1400 1400 1367248 1443004 61891 138474 370541 373164 82430 62821 514862 574459 X 852386 868545 852386 868545 1367248 1443004 -104861 121020 X false true X true false X 1080024 1144850 1033673 1280334 1324441 5863322 329261 36697 35083 401041 1409285 1181547 1068756 1280334 1324441 6264363 6264363 39921 26570 14393 15939 31800 128623 39921 26570 14393 15939 31800 128623 28095 18845 32702 79642 802 23 41 692 156720 158278 1478103 1226985 1115892 1296965 1512961 6630906 0.94470 0.96420 0.02000 0.02000 X PART III, LINE 12 OTHER INCOME 2,278 ERC CREDITS 156,000 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED LEASE LIABILITY 62821 62821 1602504 121020 121020 1481484 2452 2452 1483936 1586345 1586345 2452 2452 1588797 false false false false false false false false false MATT SKUDERA PRESIDENT 220774 220774 FORM 990 - ORGANIZATION'S MISSION THE FOUNDATION'S PRIMARY OBJECTIVE IS TO PROVIDE EDUCATION AND RESEARCH FOR TODAY'S CREDIT, ACCOUNTS RECEIVABLE AND CUSTOMER FINANCIAL SERVICE PROFESSIONALS. CRF PROMOTES LEADERSHIP AND PROVIDES LINKAGE BETWEEN PRACTICE AND EDUCATION, SERVING ITS DIVERSE MEMBERSHIP BY RECOGNIZING EXCELLENCE, PROMOTING THE EXCHANGE OF INFORMATION AND FOSTERING INTELLECTUAL DEVELOPMENT. FORM 990, PAGE 2, PART III, LINE 4D RESEARCH - THE FOUNDATION CONDUCTS RESEARCH IN CREDIT RELATED FIELDS AND ACCOUNTS RECEIVABLE MANAGEMENT. FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION HAS APPROXIMATELY 340 MEMBERS BUT NOT ALL ARE VOTING MEMBERS. FORM 990, PAGE 6, PART VI, LINE 7A THE NOMINATING COMMITTEE RECOMMENDS INDIVIDUALS TO BE ELECTED TO THE BOARD. THE BOARD OF TRUSTESS VOTE TO ACCEPT OR REJECT THE NOMINATION. FORM 990, PAGE 6, PART VI, LINE 11B THE PRESIDENT REVIEWS THE FEDERAL FORM 990 PRIOR TO FILING. FORM 990, PAGE 6, PART VI, LINE 12C MEMBERS OF THE BOARD AND STAFF HAVE A DUTY TO DISCLOSE ANY PERSONAL, FAMILY OR BUSINESS INTERESTS THAT MAY , IN THE EYES OF ANOTHER PERSON, INFLUENCE THEIR JUDGMENT. THE BOARD AS A WHOLE HAS A DUTY TO DISCLOSE SPECIFIC CONFLICTS OF INTEREST TO FOUNDATION MEMBERS, STAFF AND EXTERNAL STAKEHOLDERS WHERE THAT INTEREST MAY, IN THEIR JUDGMENT, AFFECT THE REPUTATION OR CREDIBILITY OF THE FOUNDATION, AND TO DISCLOSE THE BOARD'S PROCEDURE FOR OPERATING IN THE PRESENCE OF SUCH CONFLICTS. BOARD MEMBERS AND STAFF HAVE A DUTY TO EXEMPT THEMSELVES FROM PARTICIPATING IN ANY DISCUSSION AND VOTING ON ANY MATTERS WHERE THEY HAVE, OR MAY BE PERCEIVED AS HAVING A CONFLICT OF INTEREST. SUCH EXEMPTIONS SHOULD BE RECORDED IN THE MINUTES OF MEETINGS. ANY BUSINESS RELATIONSHIP BETWEEN AN INDIVIDUAL (OR A COMPANY WHERE THE INDIVIDUAL IS AN OWNER OR IN A POSITION OF AUTHORITY) AND THE FOUNDATION, OUTSIDE OF THEIR RELATIONSHIP AS A BOARD OR STAFF MEMBER, MUST BE FORMALIZED IN WRITING AND APPROVED BY THE BOARD. FORM 990, PAGE 6, PART VI, LINE 15A THE BOARD OF TRUSTEES CONDUCTED A THOROUGH COMPENSATION STUDY BASED ON INFORMATION FROM THE AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES AS WELL AS INTERVIEWS WITH OTHER ASSOCIATION EXECUTIVES IN DETERMINING THE SALARY FOR THE CRF PRESIDENT. FORM 990, PAGE 6, PART VI, LINE 19 THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.