2026-08-13T08:02:01-05:00 2025-09-30 222027092 WITHUM SMITH & BROWN PC 424 MAIN STREET SUITE 800 BUFFALO NY 142023508 990 2024-10-01 133577148 SECURED FINANCE FOUNDATION SECU 2127929390 875 6TH AVENUE 1802 NEW YORK NY 10001 GREG SLOWIK CFO 2127929390 2026-08-12 1 1 MARY MADONIA P00405803 7168472651 2026-08-12 2024 2025-03-06 01:10:19Z X RICHARD GUMBRECHT 875 6TH AVENUE 1802 NEW YORK NY 10001 1258585 0 X WWW.SFNET.COM X 1990 NY SEE SCHEDULE O 13 13 0 17 0 0 502225 530161 252050 357850 11242 20968 28835 2500 794352 911479 31945 40000 0 0 0 0 0 0 0 550156 634940 582101 674940 212251 236539 685320 856251 94000 13000 591320 843251 X SEE SCHEDULE O 0 0 372573 40000 360350 RAISED FUNDS FOR THE SECURED FINANCE NETWORK,INC. 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THE FOUNDATION HAS EVALUATED UNCERTAIN TAX POSITIONS WITH RESPECT TO ITS OPERATIONS AND CONCLUDED THERE ARE NO SUCH POSITIONS AT SEPTEMBER 30, 2025 AND 2024. THE FOUNDATION DID NOT RECOGNIZE ANY TAX-RELATED INTEREST OR PENALTIES DURING THE PERIODS PRESENTED IN THESE FINANCIAL STATEMENTS. 1 TUNNEL TO TOWERS FOUNDATION 2361 HYLAN BOULEVARD STATEN ISLAND NY 10306 020554654 501(C)(3) 10000 0 GENERAL SUPPORT AMERICAN RED CROSS 430 17TH STREET NW WASHINGTON DC 20006 530196605 501(C)(3) 7500 0 GENERAL SUPPORT 2 PART I, LINE 2: GRANTS ARE ONLY GIVEN TO QUALIFYING ORGANIZATIONS. ALL GRANTS ARE APPROVED BY THE BOARD. 0 0 0 0 0 0 0 0 0 RICHARD GUMBRECHT BOARD MEMBER/CEO 0 473201 0 200000 0 2264 0 10350 0 8300 0 694115 0 0 GREGORY SLOWIK BOARD MEMBER/CFO/BRD SEC & TREAS 69996 144124 0 25000 0 1570 0 7173 0 0 69996 177867 0 0 PART I, LINE 3 ALL SALARIES ARE PAID THROUGH SECURED FINANCE NETWORK, INC., A RELATED ENTITY. THE FOUNDATION REIMBURSES SECURED FINANCE NETWORK,INC. FOR A PORTION OF GREG SLOWIK,CFO'S SALARY. THE BOARD OF SECURED FINANCE NETWORK, INC. HAS AN EXECUTIVE COMPENSATION COMMITTEE WHICH REVIEWS ALL EXECUTIVE COMPENSATION. THEIR DETERMINATION OF SALARIES IS BASED ON REVIEW OF THE EMPLOYEE'S JOB PERFORMANCE AND COMPARISON TO THE SALARY LEVELS OF OTHER TAX-EXEMPT ORGANIZATIONS. THEIR DECISIONS ARE FULLY DOCUMENTED. FORM 990, PART I, LINE 1 THE ORGANIZATION WAS FORMED ON JUNE 4, 1990 TO PROVIDE GRANTS AND/OR GIFTS TO ASSIST AND SUPPORT STUDENTS ENROLLED IN EDUCATIONAL PROGRAMS DEALING WITH ASSET BASED LENDING AND TO MAKE GRANTS AND/OR GIFTS TO ASSIST AND FUND SECONDARY SCHOOLS, COLLEGES AND UNIVERSITIES IN SUPPORT OF THEIR ASSET BASED LENDING EDUCATIONAL PROGRAMS. FORM 990, PART III, LINE 1 THE ORGANIZATION WAS FORMED ON JUNE 4, 1990 TO PROVIDE GRANTS AND/OR GIFTS TO ASSIST AND SUPPORT STUDENTS ENROLLED IN EDUCATIONAL PROGRAMS DEALING WITH ASSET BASED LENDING AND TO MAKE GRANTS AND/OR GIFTS TO ASSIST AND FUND SECONDARY SCHOOLS, COLLEGES AND UNIVERSITIES IN SUPPORT OF THEIR ASSET BASED LENDING EDUCATIONAL PROGRAMS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN OUTSIDE, INDEPENDENT ACCOUNTING FIRM. A DRAFT COPY OF THE FORM 990 IS PRESENTED TO THE BOARD FOR REVIEW AND COMMENT PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C EACH OFFICER AND MEMBER OF THE EXECUTIVE COMMITTEE IS REQUIRED TO ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON READ AND UNDERSTANDS THE CONFLICT OF INTEREST POLICY AND AGREES TO COMPLY WITH IT. IN ADDITION, ANY MATERIAL CHANGES IN THEIR ANNUAL STATEMENT MUST BE IMMEDIATELY REPORTED. THE EXECUTIVE COMMITTEE REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THIS POLICY BY REVIEWING ANNUAL STATEMENTS AND TAKING ACTION AS NECESSARY. IN ADDITION, PERIODIC REVIEWS OF COMPENSATION ARRANGEMENTS AND CONTRACTS AS WELL AS PARTNERSHIPS, JOINT VENTURES AND ARRANGEMENTS WITH MANAGEMENT ORGANIZATIONS ARE PERFORMED. OUTSIDE ADVISORS MAY BE USED IN THIS PROCESS IF IT IS DEEMED NECESSARY. FORM 990, PART VI, SECTION B, LINE 15 ALL SALARIES ARE PAID THROUGH SECURED FINANCE NETWORK, INC., A RELATED ENTITY. THE FOUNDATION REIMBURSES SECURED FINANCE NETWORK,INC. FOR A PORTION OF GREG SLOWIK,CFO'S SALARY. THE BOARD OF SECURED FINANCE NETWORK, INC. HAS AN EXECUTIVE COMPENSATION COMMITTEE WHICH REVIEWS ALL EXECUTIVE COMPENSATION. THEIR DETERMINATION OF SALARIES IS BASED ON REVIEW OF THE EMPLOYEE'S JOB PERFORMANCE AND COMPARISON TO THE SALARY LEVELS OF OTHER TAX-EXEMPT ORGANIZATIONS. THEIR DECISIONS ARE FULLY DOCUMENTED. FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G MARKET SIZING STUDY: PROGRAM SERVICE EXPENSES 36,900. MANAGEMENT AND GENERAL EXPENSES 179,000. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 215,900. FORM 990, PART XII, LINE 2C THERE HAVE BEEN NO CHANGES TO THE PROCESS FROM THE PREVIOUS YEAR. SECURED FINANCE NETWORK INC 370 7TH AVENUE SUITE 1801 NEW YORK NY 10001 THE DEVELOPMENT OF ASSET BASED FINANCIAL SERVICES NY 501(C)(6) N/A N/A 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 SECURED FINANCE NETWORK INC D 259612 END OF YEAR F/S BALANCE SECURED FINANCE NETWORK INC P 100008 ACCOUNTING RECORDS SECURED FINANCE NETWORK INC N 30000 ACCOUNTING RECORDS SECURED FINANCE NETWORK INC O 69996 ACCOUNTING RECORDS