Nonprofit · EIN 13-4184184
INTERNATIONAL ASSOCIATION OF CREDIT PORTFOLIO MANAGERS INC
Tax-exempt · NEW YORK, NY 10175
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $4,895,961 | $4,671,632 | $224,329 | $5,351,539 | $3,312,941 | $2,038,598 |
| June 30, 2024 | 990 | $4,198,332 | $4,105,450 | $92,882 | $4,786,916 | $3,058,511 | $1,728,405 |
| June 30, 2023 | 990 | $3,695,901 | $3,539,072 | $156,829 | $4,277,566 | $2,642,042 | $1,635,524 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $4,777,103
- Investment income
- $118,858
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $1,249,584
- Other salaries and wages
- $1,610,560
- Salaries, compensation and benefits (total)
- $3,088,804
- Professional fundraising fees
- $0
- Accounting fees
- $125,079
- Occupancy
- $5,180
- Travel
- $151,429
- Depreciation
- $3,166
Balance sheet and other
- Total assets, start of year
- $4,786,916
- Total assets, end of year
- $5,351,539
- Total liabilities, end of year
- $3,312,941
- Net assets, end of year
- $2,038,598
- Land, buildings and equipment
- $8,779
- Net assets without donor restrictions
- $2,038,598
- Gross receipts
- $4,895,961
- Employees
- 8
- Volunteers
- 0
- Year formed
- 2001
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SOM-LOK LEUNG | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $716,788 | $55,457 |
| MARCIA A BANKS | DEPUTY EXECUTIVE DIRECTOR Key employee | 40 | $480,154 | $9,194 |
| JENNIFER BEARDEN | SENIOR DIRECTOR Highest-paid employee | 40 | $398,117 | $5,155 |
| MARIA JULIANE SAARY-LITTMAN | SENIOR DIRECTOR Highest-paid employee | 40 | $347,189 | $6,108 |
| ARGIE SIMON | SENIOR DIRECTOR Highest-paid employee | 40 | $206,583 | $64,035 |
| DARA J FINE | SENIOR ADVISOR Highest-paid employee | 40 | $158,431 | $6,077 |
| DANIELLE LEIGH GELBAND | MANAGER, MEETINGS & EVENTS Highest-paid employee | 40 | $128,293 | $9,152 |
| WILLIAM LEDGER | CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| NEIL AIKEN | VICE CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| MASCHA CANIO | TREASURER Trustee or director, Officer | 4 | $0 | $0 |
| ELENA EYRIES GARCIA DE VINUESA | SECRETARY Trustee or director, Officer | 4 | $0 | $0 |
| ARNISA ABAZI | DIRECTOR Trustee or director | 4 | $0 | $0 |
| CHRISTOPHER ABE | DIRECTOR Trustee or director | 4 | $0 | $0 |
| NAOUAL BELGRIRI | DIRECTOR Trustee or director | 4 | $0 | $0 |
| DOMINIQUE BERNIER | DIRECTOR Trustee or director | 4 | $0 | $0 |
13 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SIMON BOWMER | DIRECTOR Trustee or director | 4 | $0 |
| JONATHAN BROWN | DIRECTOR Trustee or director | 4 | $0 |
| KUVESHEN CHETTY | DIRECTOR Trustee or director | 4 | $0 |
| PABLO FENOLL | DIRECTOR Trustee or director | 4 | $0 |
| GOVIND GUPTA | DIRECTOR Trustee or director | 4 | $0 |
| JEROME JACQUES | DIRECTOR Trustee or director | 4 | $0 |
| RICHARD MONTAGUE | DIRECTOR Trustee or director | 4 | $0 |
| RAMA MOHAN RAO AMARA | DIRECTOR Trustee or director | 4 | $0 |
| KENNETH REVELL | DIRECTOR Trustee or director | 4 | $0 |
| RACHEL ROBBOY | DIRECTOR Trustee or director | 4 | $0 |
| HIROYUKI SAKURAI | DIRECTOR Trustee or director | 4 | $0 |
| PUAY TIN TEO | DIRECTOR Trustee or director | 4 | $0 |
| DAVID WERTHAN | DIRECTOR Trustee or director | 4 | $0 |
990 for the year ended June 30, 2024: 28 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SOM-LOK LEUNG | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $720,000 | $64,381 |
| MARCIA A BANKS | DEPUTY EXECUTIVE DIRECTOR Key employee | 40 | $520,000 | $14,160 |
| JENNIFER BEARDEN | SENIOR DIRECTOR Highest-paid employee | 40 | $278,500 | $5,000 |
| ARGIE SIMON | SENIOR DIRECTOR Highest-paid employee | 40 | $216,000 | $49,528 |
| MARIA J SAARY-LITTMAN | SENIOR DIRECTOR Highest-paid employee | 40 | $249,500 | $5,000 |
| DARA J FINE | DIRECTOR, MEETINGS & ADMIN Highest-paid employee | 40 | $126,667 | $15,456 |
| DANIELLE L GELBAND | MANAGER, MEETINGS & EVENTS Highest-paid employee | 40 | $102,500 | $3,451 |
| WILLIAM LEDGER | CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| NEIL AIKEN | VICE CHAIR Trustee or director, Officer | 4 | $0 | $0 |
| MASCHA CANIO | TREASURER Trustee or director, Officer | 4 | $0 | $0 |
| ELENA EYRIES GARCIA DE VINUESA | SECRETARY Trustee or director, Officer | 4 | $0 | $0 |
| ARNISA ABAZI | DIRECTOR Trustee or director | 4 | $0 | $0 |
| CHRISTOPHER ABE | DIRECTOR Trustee or director | 4 | $0 | $0 |
| NAOUAL BELGRIRI | DIRECTOR Trustee or director | 4 | $0 | $0 |
| DOMINIQUE BERNIER | DIRECTOR Trustee or director | 4 | $0 | $0 |
| SIMON BOWMER | DIRECTOR Trustee or director | 4 | $0 | $0 |
| JONATHAN BROWN | DIRECTOR Trustee or director | 4 | $0 | $0 |
| KUVESHEN CHETTY | DIRECTOR Trustee or director | 4 | $0 | $0 |
| PABLO FENELL | DIRECTOR Trustee or director | 4 | $0 | $0 |
| GOVIND GUPTA | DIRECTOR Trustee or director | 4 | $0 | $0 |
| JEROME JACQUES | DIRECTOR Trustee or director | 4 | $0 | $0 |
| RICHARD MONTAGUE | DIRECTOR Trustee or director | 4 | $0 | $0 |
| RAMA MOHAN RAO AMARA | DIRECTOR Trustee or director | 4 | $0 | $0 |
| KENNETH REVELL | DIRECTOR Trustee or director | 4 | $0 | $0 |
| RACHEL ROBBOY | DIRECTOR Trustee or director | 4 | $0 | $0 |
| HIROYUKI SAKURAI | DIRECTOR Trustee or director | 4 | $0 | $0 |
| PUAY TIN TEO | DIRECTOR Trustee or director | 4 | $0 | $0 |
| DAVID WERTHAN | DIRECTOR Trustee or director | 4 | $0 | $0 |
990 for the year ended June 30, 2023: 25 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| SOM-LOK LEUNG | EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $705,000 | $70,280 |
| MARCIA A BANKS | DEPUTY DIRECTOR Key employee | 40 | $504,740 | $25,377 |
| ARGIE SIMON | SENIOR DIRECTOR Highest-paid employee | 40 | $200,500 | $46,937 |
| JENNIFER BEARDEN | ASSOCIATE DIRECTOR Highest-paid employee | 40 | $221,250 | $5,000 |
| MARIA J SAARY-LITTMAN | RESEARCH DIRECTOR Highest-paid employee | 40 | $190,000 | $5,000 |
| DARA J FINE | ADMIN & MEETING DIRECTOR Highest-paid employee | 40 | $138,750 | $16,850 |
| DANIELLE L GELBAND | DIRECTOR Trustee or director | 4 | $83,760 | $3,571 |
| OLIVIER PARENTY | DIRECTOR Trustee or director | 4 | $0 | $0 |
| WENDY GORMAN | DIRECTOR Trustee or director | 4 | $0 | $0 |
| BRIAN HURDAL | DIRECTOR Trustee or director | 4 | $0 | $0 |
| SEAN KAVANAGH | CHAIRMAN EMERITUS Trustee or director | 4 | $0 | $0 |
| TIMOTHY HARTZELL | CHAIRMAN Trustee or director, Officer | 4 | $0 | $0 |
| ANTHONY OFLYNN | DIRECTOR Trustee or director | 4 | $0 | $0 |
| ANNA OLSEN | DIRECTOR Trustee or director | 4 | $0 | $0 |
| JUAN MANUEL PRADO ENRICO | DIRECTOR Trustee or director | 4 | $0 | $0 |
| CHERYL BOUCHER | DIRECTOR Trustee or director | 4 | $0 | $0 |
| ERIC PRATT | DIRECTOR Trustee or director | 4 | $0 | $0 |
| MARTHA RABER | DIRECTOR Trustee or director | 4 | $0 | $0 |
| CHRISTOPHER CAMISA | DIRECTOR Trustee or director | 4 | $0 | $0 |
| SARAH CHERITON-JONES | SECRETARY Trustee or director, Officer | 4 | $0 | $0 |
| WILLIAM LEDGER | TREASURER Trustee or director, Officer | 4 | $0 | $0 |
| CAM DESBRISAY | VICE CHAIRMAN Trustee or director, Officer | 4 | $0 | $0 |
| DANIEL GOLAN | DIRECTOR Trustee or director | 4 | $0 | $0 |
| FRANCOIS FAVRET | DIRECTOR Trustee or director | 4 | $0 | $0 |
| RICHARD MONTAGUE | DIRECTOR Trustee or director | 4 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 521 FIFTH AVENUE 30TH FLOOR, NEW YORK, NY 10175-3001
- In care of
- % SULLIVAN & CROMWELL
- Principal officer (990 for 2024)
- SOM-LOK LEUNG, 521 FIFTH AVENUE 30TH FLOOR, NEW YORK, NY 10175
- Signed the 990
- SOM-LOK LEUNG, EXECUTIVE DIRECTOR
- Phone
- (646) 289-5430
- Website
- WWW.IACPM.ORG
- Return prepared by
- CITRIN COOPERMAN ADVISORS LLC
Mission
THE PRIMARY EXEMPT PURPOSES OF THE ASSOCIATION ARE AS FOLLOWS:A. TO FURTHER THE UNDERSTANDING AND MANAGEMENT BY FINANCIAL INSTITUTIONS OF THEIR CREDIT EXPOSURES, BOTH ON- AND OFF-BALANCE SHEET AND HOWSOEVER EVIDENCED, CREATED OR ORIGINATED, BY PROVIDING A FORUM FOR MEMBER INSTITUTIONS TO EXCHANGE IDEAS ON TOPICS OF PRACTICAL INTEREST;B. TO CREATE A FORUM FOR THE DISCUSSION OF ISSUES OF RELEVANCE TO PARTICIPANTS IN CREDIT MARKETS AND TO COOPERATE WITH OTHER ORGANIZATIONS ON ISSUES OF MUTUAL CONCERN IN ORDER TO PROMOTE COMMON INTERESTS;C. TO INFORM ITS MEMBERS OF LEGISLATIVE AND ADMINISTRATIVE DEVELOPMENTS AFFECTING PARTICIPANTS IN CREDIT PORTFOLIO MANAGEMENT; TO PROVIDE FORUM FOR ITS MEMBERS TO EXAMINE AND REVIEW SUCH DEVELOPMENTS; AND TO REPRESENT EFFECTIVELY THE COMMON INTERESTS OF ITS MEMBERS BEFORE LEGISLATIVE AND ADMINISTRATIVE BODIES AND INTERNATIONAL OR QUASI-PUBLIC INSTITUTES, BOARDS AND OTHER BODIES; ANDD. TO FOSTER RESEARCH ON CREDIT PORTFOLIO MANAGEMENT.
Program accomplishments
- THE ASSOCIATION PROVIDED A FORUM FOR MEMBER INSTITUTIONS TO EXCHANGE IDEAS ON TOPICS OF PRACTICAL INTEREST; CREATED A FORUM FOR THE DISCUSSION OF ISSUES OF RELEVANCE TO PARTICIPANTS IN CREDIT MARKETS AND COOPERATED WITH OTHER ORGANIZATIONS ON ISSUES OF MUTUAL CONCERN IN ORDER TO PROMOTE COMMON INTERESTS; INFORMED ITS MEMBERS OF REGULATORY AND ADMINISTRATIVE DEVELOPMENTS AFFECTING PARTICIPANTS IN CREDIT PORTFOLIO MANAGEMENT; PROVIDED A FORUM FOR ITS MEMBERS TO EXAMINE AND REVIEW SUCH DEVELOPMENTS; EFFECTIVELY REPRESENTED THE COMMON INTERESTS OF ITS MEMBERS BEFORE REGULATORY AND ADMINISTRATIVE BODIES AND INTERNATIONAL OR QUASI-PUBLIC INSTITUTES, BOARDS AND OTHER BODIES; AND FOSTERED RESEARCH ON CREDIT RISK MEASUREMENT AND MANAGEMENT.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 13-4184184
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2002
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S46)
- Assets (IRS master file)
- $5,351,539
- Income (IRS master file)
- $4,895,961
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $4,895,961 | $4,671,632 | $5,351,539 | IRS |
| 990 | June 2024 | $4,198,332 | $4,105,450 | $4,786,916 | IRS |
| 990 | June 2023 | $3,695,901 | $3,539,072 | $4,277,566 | XML |
| 990 | June 2022 | $2,933,993 | $2,890,302 | $3,716,263 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-4184184).
Questions about INTERNATIONAL ASSOCIATION OF CREDIT PORTFOLIO MANAGERS INC
- What is the EIN of INTERNATIONAL ASSOCIATION OF CREDIT PORTFOLIO MANAGERS INC?
- The employer identification number (EIN) of INTERNATIONAL ASSOCIATION OF CREDIT PORTFOLIO MANAGERS INC is 13-4184184.
- Is INTERNATIONAL ASSOCIATION OF CREDIT PORTFOLIO MANAGERS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2002.
- Are donations to INTERNATIONAL ASSOCIATION OF CREDIT PORTFOLIO MANAGERS INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does INTERNATIONAL ASSOCIATION OF CREDIT PORTFOLIO MANAGERS INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of INTERNATIONAL ASSOCIATION OF CREDIT PORTFOLIO MANAGERS INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did INTERNATIONAL ASSOCIATION OF CREDIT PORTFOLIO MANAGERS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of INTERNATIONAL ASSOCIATION OF CREDIT PORTFOLIO MANAGERS INC?
- The 990 for the year ended June 30, 2025 names SOM-LOK LEUNG.
- Who are the officers and directors of INTERNATIONAL ASSOCIATION OF CREDIT PORTFOLIO MANAGERS INC?
- The 990 for the year ended June 30, 2025 lists 28 people; 7 received compensation from the organization, the highest $716,788 (SOM-LOK LEUNG, EXECUTIVE DIRECTOR).
- How much revenue does INTERNATIONAL ASSOCIATION OF CREDIT PORTFOLIO MANAGERS INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $4,895,961, expenses of $4,671,632 and total assets of $5,351,539 at year end.
Other nonprofits in NEW YORK
- LOCAL INITIATIVES SUPPORT CORPORATION EIN 13-3030229 · last filed 990 for 2024
- HADASSAH THE WOMENS ZIONIST ORGANIZATION OF AMERICA INC EIN 13-1656651 · last filed 990 for 2024
- GRAMEEN AMERICA INC EIN 20-8497991 · last filed 990 for 2024
- THE COMMUNITY PRESERVATION CORPORATION EIN 13-2792409 · last filed 990 for 2025
- HISPANIC FEDERATION INC EIN 13-3573852 · last filed 990 for 2025
- CENT FOR URBAN COMMUNITY SVCS EIN 13-3687891 · last filed 990 for 2025
- CONFERENCE BOARD INC EIN 13-1624108 · last filed 990 for 2024
- TED FOUNDATION INC EIN 82-1934592 · last filed 990-PF for 2025
All nonprofits in NEW YORK · New York · Community improvement and capacity building