Nonprofit · EIN 47-2428911
FUND AND SUBSCRIPTION FINANCE ASSOCIATION
Tax-exempt · CHARLOTTE, NC 28211
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $6,987,477 | $5,645,607 | $1,341,870 | $9,365,818 | $4,734,443 | $4,631,375 |
| December 31, 2023 | 990 | $5,218,779 | $3,870,662 | $1,348,117 | $6,577,670 | $3,284,916 | $3,292,754 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $6,880,107
- Investment income
- $74,870
- Other revenue
- $32,500
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $154,692
- Other salaries and wages
- $563,052
- Salaries, compensation and benefits (total)
- $717,744
- Professional fundraising fees
- $0
- Occupancy
- $42,977
- Travel
- $23,030
Balance sheet and other
- Total assets, start of year
- $6,577,670
- Total assets, end of year
- $9,365,818
- Total liabilities, end of year
- $4,734,443
- Net assets, end of year
- $4,631,375
- Net assets without donor restrictions
- $4,631,375
- Gross receipts
- $6,987,477
- Employees
- 6
- Volunteers
- 140
- Year formed
- 2014
- State of legal domicile
- DE
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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Katharine Saxon | COO & CHRO Officer | 45 | $152,005 | $2,687 |
| Jeffrey Johnston | Chair Trustee or director, Officer | 10 | $0 | $0 |
| Danielle Roman | Vice Chair Trustee or director | 4 | $0 | $0 |
| Emma Russell | Vice Chair Trustee or director | 4 | $0 | $0 |
| Jill Wilson | Vice Chair Trustee or director | 4 | $0 | $0 |
| Joe Rocco | Vice Chair Trustee or director | 2 | $0 | $0 |
| Mike Mascia | Secretary Trustee or director, Officer | 6 | $0 | $0 |
| Mary Touchstone | Vice Chair Trustee or director | 4 | $0 | $0 |
| Sammy Asoli | Vice Chair Trustee or director | 4 | $0 | $0 |
| Terry Hatton | Treasurer Trustee or director, Officer | 5 | $0 | $0 |
| Tina Meigh | First Vice Chai Trustee or director, Officer | 5 | $0 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Jeff Johnston | Chairman Officer | 5 | $0 |
| Michael Mascia | Secretary Officer | 5 | $0 |
| Terry Hatton | Treasurer Officer | 5 | $0 |
| Joseph Rocco | Vice Chairman Officer | 5 | $0 |
| Sammy Asoli | Vice Chairman Officer | 5 | $0 |
| Mary Touchstone | Vice Chairman Officer | 5 | $0 |
| Tina Wind | Vice Chairman Officer | 5 | $0 |
| Danielle Roman | Vice Chairman Officer | 5 | $0 |
| Emma Russell | Vice Chairman Officer | 5 | $0 |
| Jill Wilson | Vice Chairman Officer | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 6801 CARNEGIE BLVD STE 102, CHARLOTTE, NC 28211-3665
- In care of
- % MICHAEL C MASCIA
- Mailing address (990-N for 2014)
- 214 N TRYON STREET STE 3800, CHARLOTTE NC 28202
- Principal officer (990 for 2024)
- Jeffrey Johnston, 6801 Carnegie Blvd Ste 102, Charlotte, NC 28211
- Principal officer (990-N for 2014)
- MICHAEL C MASCIA, 214 N TRYON STREET STE 3800, CHARLOTTE NC 28202
- Signed the 990
- Jeffrey Johnston, Chair
- Phone
- (704) 575-0236
- Website
- fundfinanceassociation.com
- Return prepared by
- Foard and Company PA
Mission
The primary goals are: educating members, legislators, regulators, and other constituencies about the fund finance market and related capital markets, through holding events and conferences.
Program accomplishments
- Expenses to conduct domestic and international symposiums to educate its members, legislators, regulators, and other constituencies about the fund finance market and related capital markets.
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 | Not 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
- 47-2428911
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2017
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $9,365,818
- Income (IRS master file)
- $6,987,477
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $6,987,477 | $5,645,607 | $9,365,818 | XML |
| 990 | December 2023 | $5,218,779 | $3,870,662 | $6,577,670 | XML |
| 990 | December 2022 | $3,465,961 | $3,053,799 | $5,090,001 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-N for 2014 Officer: MICHAEL C MASCIA | December 31, 2014 | ≤ $50,000 receipts | – | – | e-Postcard |
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 47-2428911).
Questions about FUND AND SUBSCRIPTION FINANCE ASSOCIATION
- What is the EIN of FUND AND SUBSCRIPTION FINANCE ASSOCIATION?
- The employer identification number (EIN) of FUND AND SUBSCRIPTION FINANCE ASSOCIATION is 47-2428911.
- Is FUND AND SUBSCRIPTION FINANCE ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2017.
- Are donations to FUND AND SUBSCRIPTION FINANCE ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does FUND AND SUBSCRIPTION FINANCE 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 FUND AND SUBSCRIPTION FINANCE ASSOCIATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FUND AND SUBSCRIPTION FINANCE ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of FUND AND SUBSCRIPTION FINANCE ASSOCIATION?
- The 990 for the year ended December 31, 2024 names Jeffrey Johnston.
- Who are the officers and directors of FUND AND SUBSCRIPTION FINANCE ASSOCIATION?
- The 990 for the year ended December 31, 2024 lists 11 people; 1 received compensation from the organization, the highest $152,005 (Katharine Saxon, COO & CHRO).
- How much revenue does FUND AND SUBSCRIPTION FINANCE ASSOCIATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $6,987,477, expenses of $5,645,607 and total assets of $9,365,818 at year end.
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