Nonprofit · EIN 13-5539122
SECURED FINANCE NETWORK INC
Tax-exempt · NEW YORK, NY 10001
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $6,607,481 | $6,921,653 | -$314,172 | $7,211,082 | $5,898,559 | $1,312,523 |
| September 30, 2024 | 990 | $6,302,063 | $6,704,272 | -$402,209 | $7,202,880 | $5,871,529 | $1,331,351 |
| September 30, 2023 | 990 | $5,992,281 | $6,026,435 | -$34,154 | $7,190,174 | $5,971,804 | $1,218,370 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $5,940,494
- Investment income
- $174,574
- Net gain from sales of assets
- $74,859
- Other revenue
- $492,413
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $776,162
- Other salaries and wages
- $937,167
- Salaries, compensation and benefits (total)
- $2,440,824
- Professional fundraising fees
- $0
- Legal fees
- $97,749
- Accounting fees
- $382,641
- Occupancy
- $247,382
- Travel
- $69,695
- Depreciation
- $12,639
Balance sheet and other
- Total assets, start of year
- $7,202,880
- Total assets, end of year
- $7,211,082
- Total liabilities, end of year
- $5,898,559
- Net assets, end of year
- $1,312,523
- Land, buildings and equipment
- $60,634
- Publicly traded securities
- $3,911,743
- Net assets without donor restrictions
- $1,312,523
- Gross unrelated business income
- $492,413
- Gross receipts
- $10,245,733
- Employees
- 12
- Volunteers
- 22
- Year formed
- 1944
- 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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RICHARD GUMBRECHT | CEO Officer | 30 | $675,465 | $0 | $18,650 |
| JAMES KRAVITZ | BUSINESS DEVELOPMENT DIRECTOR Highest-paid employee | 40 | $321,937 | $0 | $19,671 |
| GREGORY SLOWIK | CFO Officer | 30 | $170,693 | $69,996 | $7,173 |
| AYDAN SAVASER | OPERATIONS DIRECTOR Highest-paid employee | 40 | $147,065 | $0 | $4,893 |
| MICHELE A OCEJO | DIRECTOR OF COMMUNICATIONS Highest-paid employee | 40 | $118,955 | $0 | $19,752 |
| HILARY SCHERER | DIRECTOR OF EVENTS Highest-paid employee | 40 | $121,998 | $0 | $14,138 |
| DENISE CATAGNA | PROGRAM MANAGER Highest-paid employee | 40 | $106,767 | $0 | $10,641 |
| BARRY BOBROW | BOARD MEMBER Trustee or director | 0.6 | $0 | $0 | $0 |
| ROBERT MEYERS | BOARD MEMBER/PRESIDENT Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| BETTY HERNANDEZ | BOARD MEMBER/1ST VICE PRESIDENT Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| IAN FREDERICKS | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| KATHLEEN PARKER | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| LAWRENCE FLICK | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| TINA CAPOBIANCO | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| WILLIAM BENCE | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
13 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HENRY SOSA | BOARD MEMBER Trustee or director | 0.2 | $0 |
| LAUREN NADEAU | BOARD MEMBER Trustee or director | 0.2 | $0 |
| JASON HOEFLER | BOARD MEMBER Trustee or director | 0.2 | $0 |
| ALISTER BAZAZ | BOARD MEMBER Trustee or director | 0.2 | $0 |
| EDWARD CHANG | BOARD MEMBER Trustee or director | 0.2 | $0 |
| LAURA JAKUBOWSKI | BOARD MEMBER Trustee or director | 0.2 | $0 |
| PAUL SCHULDINER | BOARD MEMBER Trustee or director | 0.2 | $0 |
| KURT MARSDEN | BOARD MEMBER Trustee or director | 0.2 | $0 |
| GUELAY MESE | BOARD MEMBER Trustee or director | 0.2 | $0 |
| TIM STUTE | BOARD MEMBER Trustee or director | 0.2 | $0 |
| STEWART HAYES | BOARD MEMBER/VICE PRESIDENT Trustee or director, Officer | 0.2 | $0 |
| JONATHAN N HELFAT | CO-GENERAL COUNSEL Officer | 0.6 | $0 |
| BOBBI ACORD NOLAND | CO-GENERAL COUNSEL Officer | 0.6 | $0 |
990 for the year ended September 30, 2024: 27 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RICHARD GUMBRECHT | CEO Officer | 30 | $693,515 | $0 | $18,650 |
| JAMES KRAVITZ | BUSINESS DEVELOPMENT DIRECTOR Highest-paid employee | 40 | $296,260 | $0 | $16,602 |
| GREGORY SLOWIK | CFO Officer | 30 | $149,232 | $69,996 | $24,675 |
| JEFFREY WALSH | BOARD MEMBER OF CONFERENCE Highest-paid employee | 40 | $158,518 | $0 | $27,272 |
| AYDAN SAVASER | OPERATIONS DIRECTOR Highest-paid employee | 40 | $137,810 | $0 | $4,619 |
| MICHELE A OCEJO | DIRECTOR OF COMMUNICATIONS Highest-paid employee | 40 | $114,400 | $0 | $19,621 |
| BARRY BOBROW | BOARD MEMBER/PRESIDENT Trustee or director, Officer | 0.6 | $0 | $0 | $0 |
| ROBERT MEYERS | BOARD MEMBER/1ST VICE PRESIDENT Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| JENNIFER PALMER | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| BEATRIZ HERNANDEZ | BOARD MEMBER/VICE PRESIDENT Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| BETHANI OPPENHEIMER | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| HAMID NAMAZIE | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| IAN FREDERICKS | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| KATHLEEN PARKER | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| LAURA GLASS | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| LAWRENCE FLICK | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| LAWRENCE CHUA | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| ROBERT GRBIC | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| SUPREMNA COLE | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| TINA CAPOBIANCO | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| WILLIAM BENCE | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| HENRY SOSA | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| DAVID MORSE | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| LAUREN NADEAU | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| MICHAEL MONK | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| JONATHAN N HELFAT | CO-GENERAL COUNSEL Officer | 0.6 | $0 | $0 | $0 |
| BOBBI ACORD NOLAND | CO-GENERAL COUNSEL Officer | 0.6 | $0 | $0 | $0 |
990 for the year ended September 30, 2023: 27 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RICHARD GUMBRECHT | CEO Officer | 30 | $596,464 | $0 | $16,896 |
| JAMES KRAVITZ | BUSINESS DEVELOPMENT DIRECTOR Highest-paid employee | 40 | $249,605 | $0 | $17,093 |
| GREGORY SLOWIK | CFO Officer | 30 | $130,463 | $69,996 | $23,817 |
| JEFFREY WALSH | BOARD MEMBER OF CONFERENCES Highest-paid employee | 40 | $152,704 | $0 | $23,556 |
| AYDAN SAVASER | OPERATIONS MANAGER Highest-paid employee | 40 | $129,908 | $0 | $4,243 |
| MICHELE A OCEJO | DIRECTOR OF COMMUNICATIONS Highest-paid employee | 40 | $110,110 | $0 | $18,908 |
| BARRY BOBROW | BOARD MEMBER / 1ST VICE PRESIDENT Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| ROBERT MEYERS | BOARD MEMBER / VICE PRESIDENT Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| JENNIFER PALMER | BOARD MEMBER / PRESIDENT Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| BEATRIZ HERNANDEZ | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| BETHANI OPPENHEIMER | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| DONALD CLARKE | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| HAMID NAMAZIE | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| IAN FREDERICKS | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| KATHLEEN PARKER | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| LAURA GLASS | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| LAWRENCE FLICK | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| LAWRENCE CHUA | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| PETER YORK | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| RICHARD KOHN | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| ROBERT GRBIC | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| STEVEN HOLSTEIN | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| SUPREMNA COLE | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| TINA CAPOBIANCO | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| WILLIAM BENCE | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| JONATHAN N HELFAT | CO-GENERAL COUNSEL Officer | 0.6 | $0 | $0 | $0 |
| BOBBI ACORD NOLAND | CO-GENERAL COUNSEL Officer | 0.6 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 875 6TH AVENUE 1802, NEW YORK, NY 10001-3575
- Principal officer (990 for 2024)
- RICHARD GUMBRECHT, 875 6TH AVENUE 1802, NEW YORK, NY 10001
- Signed the 990
- GREG SLOWIK, CFO
- Phone
- (212) 792-9390
- Website
- WWW.SFNET.COM
- Return prepared by
- WITHUM SMITH & BROWN PC
Mission
THE SECURED FINANCE NETWORK IS THE TRADE GROUP FOR COMMERCIAL FINANCE COMPANIES, FACTORS, BANKS AND OTHER FINANCING AGENCIES IN THE ASSET-BASED FINANCIAL SERVICES INDUSTRY ON AN INTERNATIONAL, NATIONAL, REGIONAL AND LOCAL BASIS. THE OBJECTIVES OF THE ORGANIZATION ARE TO PROVIDE, THROUGH DISCUSSION AND PUBLICATION, A FORUM FOR THE CONSIDERATION OF INTER- AND INTRA-INDUSTRY IDEAS AND OPPORTUNITIES; TO MAKE AVAILABLE CURRENT INFORMATION ON LEGISLATION AND COURT DECISIONS RELATING TO ASSET-BASED FINANCIAL SERVICES; TO IMPROVE LEGAL AND OPERATIONAL PROCEDURES EMPLOYED BY THE INDUSTRY; TO FURNISH TO THE GENERAL PUBLIC INFORMATION ON THE FUNCTION AND SIGNIFICANCE OF THE INDUSTRY IN THE CREDIT STRUCTURE OF THE COUNTRY; TO ENCOURAGE THE ASSOCIATION'S MEMBERS, AND THEIR PERSON.
Program accomplishments
- EDUCATION PROGRAMS - HELD TO TEACH NEW TOPICS IN OUR FIELD AND TO UPDATE THE PUBLIC ON MATTERS OF CONCERN.revenue $245,320
- CONVENTIONS/MEETINGS - HELD IN ORDER TO ALLOW MEMBERS TO GATHER AND DISCUSS NEW DEVELOPMENTS, SHARE EXPERIENCES, AND LEND ASSISTANCE TO OTHERS SO AS TO BETTER OUR INDUSTRY.revenue $5,695,174
- PUBLICATIONS - CONDUCTED IN ORDER TO BETTER OUR WORK ENVIRONMENT AND STRENGTHEN OUR INDUSTRY.
- CONDUCTED VARIOUS MARKETING, CHAPTER, MEMBER, AND PUBLIC RELATIONS ACTIVITIES FOR THE BETTERMENT OF OUR MEMBERS.
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 15, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 16, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 17, 2025 | 990 on file |
IRS record
- EIN
- 13-5539122
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1955
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Social science (V22C)
- Assets (IRS master file)
- $7,211,082
- Income (IRS master file)
- $10,245,733
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $6,607,481 | $6,921,653 | $7,211,082 | XML |
| 990 | September 2024 | $6,302,063 | $6,704,272 | $7,202,880 | XML |
| 990 | September 2023 | $5,992,281 | $6,026,435 | $7,190,174 | XML |
| 990 | September 2022 | $5,140,562 | $4,977,745 | $5,939,386 | IRS |
| 990 | September 2021 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about SECURED FINANCE NETWORK INC
- What is the EIN of SECURED FINANCE NETWORK INC?
- The employer identification number (EIN) of SECURED FINANCE NETWORK INC is 13-5539122.
- Is SECURED FINANCE NETWORK INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1955.
- Are donations to SECURED FINANCE NETWORK INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SECURED FINANCE NETWORK 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 SECURED FINANCE NETWORK INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SECURED FINANCE NETWORK INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of SECURED FINANCE NETWORK INC?
- The 990 for the year ended September 30, 2025 names RICHARD GUMBRECHT.
- Who are the officers and directors of SECURED FINANCE NETWORK INC?
- The 990 for the year ended September 30, 2025 lists 28 people; 7 received compensation from the organization, the highest $675,465 (RICHARD GUMBRECHT, CEO).
- How much revenue does SECURED FINANCE NETWORK INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $6,607,481, expenses of $6,921,653 and total assets of $7,211,082 at year end.
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