Nonprofit · EIN 58-1424769
ASSOCIATION FOR FINANCIAL PROFESSIONALS INC
Also known as TMA
Tax-exempt · ROCKVILLE, MD 20852
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $26,902,937 | $24,951,836 | $1,951,101 | $34,136,351 | $19,455,686 | $14,680,665 |
| June 30, 2024 | 990 | $23,421,781 | $23,470,831 | -$49,050 | $31,567,749 | $18,912,553 | $12,655,196 |
| June 30, 2023 | 990 | $21,479,373 | $21,748,156 | -$268,783 | $29,647,623 | $17,681,156 | $11,966,467 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $25,060,256
- Investment income
- $1,841,456
- Royalties
- $1,225
- Net gain from sales of assets
- $1,153,304
- Other revenue
- $1,225
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $4,348,249
- Other salaries and wages
- $5,670,988
- Salaries, compensation and benefits (total)
- $11,801,038
- Professional fundraising fees
- $0
- Legal fees
- $58,393
- Accounting fees
- $98,587
- Occupancy
- $6,584
- Travel
- $580,230
- Depreciation
- $607,731
Balance sheet and other
- Total assets, start of year
- $31,567,749
- Total assets, end of year
- $34,136,351
- Total liabilities, end of year
- $19,455,686
- Net assets, end of year
- $14,680,665
- Land, buildings and equipment
- $342,287
- Net assets without donor restrictions
- $14,680,665
- Gross unrelated business income
- $512,562
- Gross receipts
- $49,899,632
- Employees
- 60
- Volunteers
- 200
- Year formed
- 1980
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| James Kaitz | President, CEO Officer | 50 | $1,121,017 | $95,299 |
| Patrick Culkin | Executive Vice President Officer | 50 | $524,871 | $71,890 |
| Jeff Glenzer | Executive Vice President, COO Officer | 50 | $476,740 | $72,120 |
| Himashi Soriano | Director, APAC Highest-paid employee | 40 | $507,460 | $38,817 |
| Melissa Rawak | MD - Membership, Marketing, Events Key employee | 50 | $312,923 | $55,575 |
| Francine Hope-Pressley | Chief Financial Officer Officer | 50 | $308,383 | $55,854 |
| Galina Kozachenko | MD - Strategy, Analytics, Technology Key employee | 50 | $294,269 | $60,925 |
| Bryan Lapidus | Director, FP&A Highest-paid employee | 40 | $245,062 | $44,978 |
| Biniam Dawit | Director, Training Programs Highest-paid employee | 40 | $222,241 | $43,088 |
| Diane Harris | Director, Information Technology & Project Management Office Highest-paid employee | 40 | $202,987 | $39,303 |
| Thomas Hunt | Director, Treasury Services Highest-paid employee | 40 | $200,947 | $35,228 |
| Justin Barch | MD - Revenue & Growth Key employee | 50 | $180,771 | $20,353 |
| Camille King | Director (AS OF 10.24) Trustee or director | 5 | $0 | $0 |
| Eric Ellis | Director Trustee or director | 5 | $0 | $0 |
| Fred Schacknies | Director (THRU 10.24)Treasuer/Vice Chair (AS OF 10.24) Trustee or director | 5 | $0 | $0 |
19 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Gaileon Thompson | Director Trustee or director | 5 | $0 |
| Geetanjali Tandon | Treasuer/Vice Chair (THRU OF 10.24)/CHAIR (AS OF 10.24) Trustee or director | 5 | $0 |
| Gina Collis | Secretary (THRU 10.24)/Director Trustee or director | 5 | $0 |
| Jeff Altman | Director Trustee or director | 5 | $0 |
| Joel Campbell | Director Trustee or director | 5 | $0 |
| Mario Vasquez | Director (AS OF 10.24) Trustee or director | 5 | $0 |
| May Vang | Director Trustee or director | 5 | $0 |
| Meredith Vance | Director Trustee or director | 5 | $0 |
| Michael High | CHAIR (THRU 10.24)/FORMER CHAIR Trustee or director | 5 | $0 |
| Robert Whitaker | Past Chair (THRU 10.24) Trustee or director | 5 | $0 |
| Sassan Parandeh | Director (THRU 10.24)/Vice Chair / Secretary (AS OF 10.24) Trustee or director | 5 | $0 |
| Sherri Speaks | Director (AS OF 10.24) Trustee or director | 5 | $0 |
| Susan Glass | Director (THRU 10.24) Trustee or director | 5 | $0 |
| Tamara Saront-Eisner | Director Trustee or director | 5 | $0 |
| Terri Mimms | Director Trustee or director | 5 | $0 |
| Terry Crawford | Special Counsel to the Board of Directors (THRU 10.24) Trustee or director | 5 | $0 |
| Tom Russell | Director (AS OF 10.24) Trustee or director | 5 | $0 |
| Tracy Butler | Director Trustee or director | 5 | $0 |
| William Washington III | Director (AS OF 10.24) Trustee or director | 5 | $0 |
990 for the year ended June 30, 2024: 28 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JAMES KAITZ | PRESIDENT, CEO Officer | 50 | $1,639,322 | $64,202 |
| HIMASHI SORIANO | DIRECTOR - APAC Highest-paid employee | 40 | $555,454 | $97,985 |
| JEFF GLENZER | EXECUTIVE VP, COO Officer | 50 | $460,650 | $72,277 |
| PATRICK CULKIN | EXECUTIVE VP Officer | 50 | $460,348 | $72,295 |
| MELISSA RAWAK | MD - MEMBERSHIP, MKTG, EVENTS Key employee | 50 | $302,638 | $44,471 |
| FRANCINE HOPE-PRESSLEY | CHIEF FINANCIAL OFFICER Officer | 50 | $298,247 | $48,684 |
| GALINA KOZACHENKO | MD - STRATEGY, ANALYTICS, TECH Key employee | 50 | $285,361 | $49,647 |
| BRYAN LAPIDUS | DIRECTOR, FP&A Highest-paid employee | 40 | $234,946 | $40,190 |
| BINIAM DAWIT | DIR - TRAINING PROGRAMS Highest-paid employee | 40 | $209,018 | $37,882 |
| THOMAS HUNT | DIR - TREASURY SERVICES Highest-paid employee | 40 | $196,295 | $36,017 |
| DIANE HARRIS | DIR - IT & PROJECT MGMT OFFICE Highest-paid employee | 40 | $197,814 | $30,651 |
| TERRY CRAWFORD CTP | SPECIAL COUNSEL TO THE BOD Trustee or director | 5 | $8,500 | $0 |
| MICHAEL HIGH FPAC | CHAIRMAN Trustee or director, Officer | 5 | $0 | $0 |
| GINA COLLIS CTP | VICE CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| GEETANJALI TANDON | VICE CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| ROBERT WHITAKER CTP | PAST CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| JEFF ALTMAN | DIRECTOR Trustee or director | 5 | $0 | $0 |
| TRACY BUTLER CTP | DIRECTOR Trustee or director | 5 | $0 | $0 |
| JOEL CAMPBELL | DIRECTOR Trustee or director | 5 | $0 | $0 |
| ERIC ELLIS | DIRECTOR Trustee or director | 5 | $0 | $0 |
| SUSAN GLASS CTP | DIRECTOR Trustee or director | 5 | $0 | $0 |
| TERRI MIMMS CTP FPAC | DIRECTOR Trustee or director | 5 | $0 | $0 |
| SASSAN PARANDEH CTP | DIRECTOR Trustee or director | 5 | $0 | $0 |
| TAMARA SARONT-EISNER CTP | DIRECTOR Trustee or director | 5 | $0 | $0 |
| FRED SCHACKNIES CTP | DIRECTOR Trustee or director | 5 | $0 | $0 |
| GAILEON THOMPSON CTP FPAC | DIRECTOR Trustee or director | 5 | $0 | $0 |
| MEREDITH VANCE CTP | DIRECTOR Trustee or director | 5 | $0 | $0 |
| MAY VANG CTP | DIRECTOR Trustee or director | 5 | $0 | $0 |
990 for the year ended June 30, 2023: 27 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JAMES KAITZ | PRESIDENT, CEO Officer | 50 | $1,068,166 | $55,605 |
| HIMASHI SORIANO | DIRECTOR - APAC Highest-paid employee | 40 | $502,912 | $92,804 |
| JEFF GLENZER | EXECUTIVE VP, COO Officer | 50 | $418,053 | $62,661 |
| PATRICK CULKIN | EXECUTIVE VP Officer | 50 | $417,251 | $62,667 |
| FRANCINE HOPE-PRESSLEY | CHIEF FINANCIAL OFFICER Officer | 50 | $279,717 | $45,962 |
| GALINA KOZACHENKO | MD - STRATEGY, ANALYTICS, TECH Key employee | 50 | $271,946 | $51,925 |
| MELISSA RAWAK | MD - MEMBERSHIP, MKTG, EVENTS Key employee | 50 | $278,756 | $41,761 |
| KEVIN BOYLE | DIR - ACCESS SALES Highest-paid employee | 40 | $245,382 | $40,983 |
| BRYAN LAPIDUS | DIRECTOR, FP&A Highest-paid employee | 40 | $224,028 | $37,797 |
| BINIAM DAWIT | DIR - TRAINING PROGRAMS Highest-paid employee | 40 | $205,879 | $38,878 |
| DIANE HARRIS | DIR - IT & PROJECT MGMT OFFICE Highest-paid employee | 40 | $201,970 | $19,852 |
| MICHAEL HIGH FPAC | CHAIRMAN Trustee or director, Officer | 5 | $0 | $0 |
| GINA COLLIS CTP | VICE CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| GEETANJALI TANDON | VICE CHAIR Trustee or director, Officer | 5 | $0 | $0 |
| TERRY CRAWFORD CTP | SPECIAL COUNSEL TO THE BOD Trustee or director | 5 | $0 | $0 |
| JEFF ALTMAN | DIRECTOR Trustee or director | 5 | $0 | $0 |
| TRACY BUTLER CTP | DIRECTOR Trustee or director | 5 | $0 | $0 |
| JOEL CAMPBELL | DIRECTOR Trustee or director | 5 | $0 | $0 |
| ERIC ELLIS | DIRECTOR Trustee or director | 5 | $0 | $0 |
| SUSAN GLASS CTP | DIRECTOR Trustee or director | 5 | $0 | $0 |
| TERRI MIMMS CTP FPAC | DIRECTOR Trustee or director | 5 | $0 | $0 |
| SASSAN PARANDEH CTP | DIRECTOR Trustee or director | 5 | $0 | $0 |
| TAMARA SARONT-EISNER CTP | DIRECTOR Trustee or director | 5 | $0 | $0 |
| FRED SCHACKNIES CTP | DIRECTOR Trustee or director | 5 | $0 | $0 |
| GAILEON THOMPSON CTP FPAC | DIRECTOR Trustee or director | 5 | $0 | $0 |
| MEREDITH VANCE CTP | DIRECTOR Trustee or director | 5 | $0 | $0 |
| MAY VANG CTP | DIRECTOR Trustee or director | 5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 12345 PARKLAWN DR 200, ROCKVILLE, MD 20852-1725
- In care of
- % FRANCINE HOPE-PRESSLEY
- Principal officer (990 for 2024)
- JEFF GLENZER, 12345 PARKLAWN DR SUITE 200, ROCKVILLE, MD 20852
- Signed the 990
- FRANCINE HOPE-PRESSLEY, CFO
- Phone
- (301) 961-8863
- Return prepared by
- BDO USA
Mission
AFP's mission is to drive the future of finance and treasury and develop the leaders of tomorrow through certification, training, and the premier event for treasury and finance and to be the preferred global resource and advocate for the finance profession.
Program accomplishments
- PROFESSIONAL DEVELOPMENT: INCLUDES CERTIFICATION AND EDUCATION. THE CERTIFIED TREASURY PROFESSIONAL (CTP) EXAM WAS ADMINISTERED TO APPROXIMATELY 1,800 CANDIDATES AND 640 CERTIFIED CORPORATE FINANCIAL PLANNING AND ANALYSIS (FP&A) EXAM PARTS WERE DELIVERED. IN ADDITION, APPROXIMATELY 2,687 CTPS AND 250 FP&AS, WHO MET THE REQUIREMENT FOR CONTINUING PROFESSIONAL EDUCATION CREDITS OVER A THREE-YEAR PERIOD, WERE RECERTIFIED. EDUCATION: CONDUCTED WORKSHOPS, WEBINARS AND SEMINARS ON A VARIETY OF TOPICS IN CORPORATE FINANCE.
- ANNUAL CONFERENCE: PREMIER NETWORKING AND EDUCATIONAL EVENT INCLUDING MORE THAN 140 WORKSHOPS, PEER REVIEWED LECTURES, AND PRESENTATIONS ON CORPORATE FINANCIAL MANAGEMENT TOPICS SUCH AS TREASURY AND CASH, BANK RELATIONSHIPS, LIQUIDITY, WORKING CAPITAL, PAYMENTS, FINANCIAL PLANNING AND ANALYSIS, AND PENSION AND EMPLOYEE PLANS. ATTENDANCE AT THE CONFERENCE WAS APPROXIMATELY 6,867 CORPORATE PRACTITIONERS, ASSOCIATES, AND ACADEMICS.
- COMMUNICATIONS: PUBLISHED MONTHLY MEMBERSHIP NEWSLETTERS AND BI-WEEKLY NEWSLETTERS WITH TOPICS COVERING BANKING, BUDGETING, BUSINESS PARTNERING, BUSINESS PERFORMANCE MANAGEMENT, CAREER DEVELOPMENT, COMMUNICATION AND DATA VISUALIZATION, CORPORATE PAYMENTS, FINANCIAL ANALYSIS, FORECASTING, ENTERPRISE PAYMENTS, PAYMENTS FRAUD, PLANNING, RISK MANAGEMENT, TECHNOLOGY TRENDS, TREASURY MANAGEMENT, WORKING CAPITAL MANAGEMENT.
- MEMBERSHIP & MARKETING RESEARCH
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
- 58-1424769
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1981
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $34,136,351
- Income (IRS master file)
- $49,899,632
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $26,902,937 | $24,951,836 | $34,136,351 | IRS |
| 990 | June 2024 | $23,421,781 | $23,470,831 | $31,567,749 | IRS |
| 990 | June 2023 | $21,479,373 | $21,748,156 | $29,647,623 | XML |
| 990 | June 2022 | $20,420,491 | $20,417,379 | $26,607,143 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | 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 58-1424769).
Questions about ASSOCIATION FOR FINANCIAL PROFESSIONALS INC
- What is the EIN of ASSOCIATION FOR FINANCIAL PROFESSIONALS INC?
- The employer identification number (EIN) of ASSOCIATION FOR FINANCIAL PROFESSIONALS INC is 58-1424769.
- Is ASSOCIATION FOR FINANCIAL PROFESSIONALS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1981.
- Are donations to ASSOCIATION FOR FINANCIAL PROFESSIONALS INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does ASSOCIATION FOR FINANCIAL PROFESSIONALS 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 ASSOCIATION FOR FINANCIAL PROFESSIONALS 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 ASSOCIATION FOR FINANCIAL PROFESSIONALS 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 ASSOCIATION FOR FINANCIAL PROFESSIONALS INC?
- The 990 for the year ended June 30, 2025 names JEFF GLENZER.
- Who are the officers and directors of ASSOCIATION FOR FINANCIAL PROFESSIONALS INC?
- The 990 for the year ended June 30, 2025 lists 34 people; 12 received compensation from the organization, the highest $1,121,017 (James Kaitz, President, CEO).
- How much revenue does ASSOCIATION FOR FINANCIAL PROFESSIONALS INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $26,902,937, expenses of $24,951,836 and total assets of $34,136,351 at year end.
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