Skip to main content

Nonprofit · EIN 47-2026757

FOREIGN EXCHANGE PROFESSIONALS ASSOCIATION

Tax-exempt (reinstated) · KATONAH, NY 10536

Financials

$200K$351K2024$200K$227K2025
Revenue Expenses · by fiscal year end
Financials of FOREIGN EXCHANGE PROFESSIONALS ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$200,000$226,586-$26,586$29,675$7,500$22,175
December 31, 2024990$200,000$350,563-$150,563$68,761$20,000$48,761
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$200,000
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$142,500
Accounting fees
$9,600

Balance sheet and other

Total assets, start of year
$68,761
Total assets, end of year
$29,675
Total liabilities, end of year
$7,500
Net assets, end of year
$22,175
Gross receipts
$200,000
Employees
0
Volunteers
10
Year formed
2014
State of legal domicile
DC

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.

NameTitleHours / weekCompensation
JOSEPH HOFFMANCHAIRPERSON
Trustee or director, Officer
1$0
DALE HAVERVICE-CHAIRPERSON
Trustee or director, Officer
1$0
JOSH MATTHEWSTREASURER
Trustee or director, Officer
1$0
SCOTT HALVORSENDIRECTOR
Trustee or director
1$0
TAYLOR HABERSTOCKDIRECTOR
Trustee or director
1$0
RICHARD TURNERDIRECTOR
Trustee or director
1$0
PAUL HOPKINSONDIRECTOR
Trustee or director
1$0
JOHN MARCHESEDIRECTOR
Trustee or director
1$0
TERESA KNAPPSECRETARY
Trustee or director, Officer
1$0
OLEG SHEVEKENKODIRECTOR
Trustee or director
1$0
MIKE MARGOLISDIRECTOR
Trustee or director
1$0
STUART PARKINSDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2024: 10 people
NameTitleHours / weekCompensation
JOSEPH HOFFMANCHAIRPERSON
Trustee or director, Officer
1$0
DALE HAVERVICE-CHAIRPERSON
Trustee or director, Officer
1$0
JEFFERY ROBERTSTREASURER
Trustee or director, Officer
1$0
SCOTT HALVORSENDIRECTOR
Trustee or director
1$0
TAYLOR HABERSTOCKDIRECTOR
Trustee or director
1$0
CATHERINE POULTONCO-SECRETARY
Trustee or director, Officer
1$0
RICHARD TURNERDIRECTOR
Trustee or director
1$0
PAUL HOPKINSONDIRECTOR
Trustee or director
1$0
JOHN MARCHESEDIRECTOR
Trustee or director
1$0
TERESA KNAPPCO-SECRETARY
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
CO HECKLER-200 KATONAH AVE STE 14A, KATONAH, NY 10536-0000
In care of
% HECKLER
Principal officer (990 for 2025)
JOSH MATTHEWS
Signed the 990
JOSH MATTHEWS, TREASURER
Phone
(914) 232-9221
Return prepared by
HECKLER & O'KEEFE CPAS PC

Mission

TO REPRESENT THE COLLECTIVE INTEREST OF INDIVIDUALS AND COMPANIES THAT PARTICIPATE IN THE INSTITUTIONAL FOREIGN EXCHANGE MARKETPLACE AND TO PROMOTE THE NEED FOR SOUND, LIQUID, TRANSPARENT, AND COMPETITIVE GLOBAL CURRENCY MARKETS TO POLICY MAKERS THROUGH EDUCATION, RESEARCH AND ADVOCACY.

990 for the year ended December 31, 2025

Program accomplishments

  • PROMOTING THE NEED FOR SOUND, LIQUID, TRANSPARENT, AND COMPETITIVE GLOBAL CURRENCY MARKETS TO POLICY MAKERS THROUGH EDUCATION, RESEARCH AND ADVOCACY.

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
47-2026757
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2018
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$29,675
Income (IRS master file)
$200,000

Revocation and reinstatement

Exemption revoked
November 15, 2017
Posted by the IRS
March 12, 2018
Reinstated
Effective November 15, 2017

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$200,000$226,586$29,675XML
990December 2024$200,000$350,563$68,761XML
990December 2023$240,000$354,160$219,324IRS
990December 2022$245,000$347,537$383,484IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 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 47-2026757).

Questions about FOREIGN EXCHANGE PROFESSIONALS ASSOCIATION

What is the EIN of FOREIGN EXCHANGE PROFESSIONALS ASSOCIATION?
The employer identification number (EIN) of FOREIGN EXCHANGE PROFESSIONALS ASSOCIATION is 47-2026757.
Is FOREIGN EXCHANGE PROFESSIONALS ASSOCIATION tax-exempt?
Yes. The IRS revoked its exemption on November 15, 2017 and reinstated it effective November 15, 2017.
Are donations to FOREIGN EXCHANGE PROFESSIONALS ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does FOREIGN EXCHANGE PROFESSIONALS ASSOCIATION 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 FOREIGN EXCHANGE PROFESSIONALS ASSOCIATION 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 FOREIGN EXCHANGE PROFESSIONALS ASSOCIATION 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 FOREIGN EXCHANGE PROFESSIONALS ASSOCIATION?
The 990 for the year ended December 31, 2025 names JOSH MATTHEWS.
Who are the officers and directors of FOREIGN EXCHANGE PROFESSIONALS ASSOCIATION?
The 990 for the year ended December 31, 2025 lists 12 people; 0 received compensation from the organization.
How much revenue does FOREIGN EXCHANGE PROFESSIONALS ASSOCIATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $200,000, expenses of $226,586 and total assets of $29,675 at year end.

Other nonprofits in KATONAH

All nonprofits in KATONAH · New York · Community improvement and capacity building