Nonprofit · EIN 13-5569334
CREDIT RESEARCH FOUNDATION INC
Tax-exempt · WESTMINSTER, MD 21157
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,603,588 | $1,599,320 | $4,268 | $1,645,971 | $702,290 | $943,681 |
| December 31, 2024 | 990 | $1,789,990 | $1,735,871 | $54,119 | $1,566,494 | $648,557 | $917,937 |
| December 31, 2023 | 990 | $1,483,936 | $1,588,797 | -$104,861 | $1,443,004 | $574,459 | $868,545 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $346,680
- Program service revenue
- $1,142,071
- Investment income
- $59,987
- Net gain from sales of assets
- $5,452
- Other revenue
- $54,850
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $455,192
- Other salaries and wages
- $245,952
- Salaries, compensation and benefits (total)
- $1,053,994
- Professional fundraising fees
- $0
- Accounting fees
- $26,203
- Occupancy
- $45,305
- Travel
- $2,274
- Depreciation
- $2,849
- Program services (functional)
- $1,216,872
- Management and general (functional)
- $382,448
Balance sheet and other
- Total assets, start of year
- $1,566,494
- Total assets, end of year
- $1,645,971
- Total liabilities, end of year
- $702,290
- Net assets, end of year
- $943,681
- Land, buildings and equipment
- $4,598
- Publicly traded securities
- $227,589
- Net assets without donor restrictions
- $943,681
- Gross unrelated business income
- $54,850
- Gross receipts
- $4,448,534
- Employees
- 4
- Year formed
- 1949
- State of legal domicile
- MD
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MATT SKUDERA | PRESIDENT Officer | 40 | $274,577 | $13,200 |
| CHERYL WEAVERLING | CFO Officer | 40 | $180,615 | $8,160 |
| ROBERT ANDERSON | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| CHRIS ARRINGTON | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| ANDREW MALUEG | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| TONI MARIE-MCLEAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| NANCY TOPICH | TRUSTEE Trustee or director | 1 | $0 | $0 |
| TAYLOR RICKETTS | PLATINUM PAR Trustee or director | 1 | $0 | $0 |
| CONRAD RAGAN | VENDOR REP Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MATT SKUDERA | PRESIDENT Officer | 40 | $241,000 | $13,200 |
| CHERYL WEAVERLING | CFO Officer | 40 | $157,000 | $8,160 |
| ROBERT ANDERSON | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 |
| CHRIS ARRINGTON | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| PAUL CATALANO | PLATINUM PAR Trustee or director | 1 | $0 | $0 |
| ANDREW MALUEG | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| TONI MARIE-MCLEAN | TRUSTEE Trustee or director | 1 | $0 | $0 |
| NANCY TOPICH | TRUSTEE Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MATT SKUDERA | PRESIDENT Officer | 40 | $220,774 |
| CHERYL WEAVERLING | CFO Officer | 40 | $136,311 |
| JACKIE MULLIGAN | BOARD CHAIRP Trustee or director, Officer | 1 | $0 |
| CURTIS MARSHALL | VICE CHAIRPE Trustee or director, Officer | 1 | $0 |
| CHRIS ARRINGTON | TRUSTEE Trustee or director | 1 | $0 |
| PAUL CATALANO | PLATINUM PAR Trustee or director | 1 | $0 |
| ROBERT ANDERSON | TRUSTEE Trustee or director | 1 | $0 |
| SHAWNA ARNESON | TRUSTEE Trustee or director | 1 | $0 |
| DAN HARVICK | TRUSTEE Trustee or director | 1 | $0 |
| ANDREW MALUEG | TRUSTEE Trustee or director | 1 | $0 |
| TONI MARIE-MCLEAN | TRUSTEE Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 1812 BALTIMORE BLVD STE H, WESTMINSTER, MD 21157-7144
- Principal officer (990 for 2025)
- MATT SKUDERA, 1735 BAY BOULEVARD, POINT PLEASANT BORO, NJ 08742
- Signed the 990
- MATT SKUDERA, PRESIDENT
- Phone
- (443) 821-3000
- Website
- CRFONLINE.ORG
- Return prepared by
- L&H BUSINESS CONSULTING
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.
Program accomplishments
- CONFERENCES AND MEETINGS - THE FOUNDATION HOSTS SEVERAL CONFERENCES ANNUALLY AND SPONSORS ROUNDTABLE DISCUSSIONS ON VARIOUS TOPICS RELATED TO CREDIT MANANGEMENT.Expenses $823,417 · revenue $627,864
- PUBLICATIONS - THE FOUNDATION PUBLISHES A COMPENSATION STUDY OF CREDIT EXECUTIVES AND PERIODICALS FOR USE BY ITS MEMBERS AND THE GENERAL PUBLIC.Expenses $192,354 · revenue $251,557
- EDUCATION - THE FOUNDATION OFFERS ONLINE SEMINARS COVERING A VARIETY OF CREDIT RELATED TOPICS AS WELL AS GENERAL BUSINESS TOPICS.Expenses $12,240 · revenue $16,187
- RESEARCH - THE FOUNDATION CONDUCTS RESEARCH IN CREDIT RELATED FIELDS AND ACCOUNTS RECEIVABLE MANAGEMENT.Expenses $188,861 · revenue $246,463
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 13-5569334
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1957
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W60M)
- Assets (IRS master file)
- $1,645,971
- Income (IRS master file)
- $4,448,534
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,603,588 | $1,599,320 | $1,645,971 | XML |
| 990-T | December 2025 | – | – | – | IRS |
| 990 | December 2024 | $1,789,990 | $1,735,871 | $1,566,494 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $1,483,936 | $1,588,797 | $1,443,004 | XML |
| 990 | December 2022 | $1,087,744 | $1,648,958 | $1,367,248 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 13-5569334).
Questions about CREDIT RESEARCH FOUNDATION INC
- What is the EIN of CREDIT RESEARCH FOUNDATION INC?
- The employer identification number (EIN) of CREDIT RESEARCH FOUNDATION INC is 13-5569334.
- Is CREDIT RESEARCH FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1957.
- Are donations to CREDIT RESEARCH FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CREDIT RESEARCH FOUNDATION 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 CREDIT RESEARCH FOUNDATION INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CREDIT RESEARCH FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of CREDIT RESEARCH FOUNDATION INC?
- The 990 for the year ended December 31, 2025 names MATT SKUDERA.
- Who are the officers and directors of CREDIT RESEARCH FOUNDATION INC?
- The 990 for the year ended December 31, 2025 lists 9 people; 2 received compensation from the organization, the highest $274,577 (MATT SKUDERA, PRESIDENT).
- How much revenue does CREDIT RESEARCH FOUNDATION INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,603,588, expenses of $1,599,320 and total assets of $1,645,971 at year end.
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