Nonprofit · EIN 81-3819306
AMERICAN FINTECH COUNCIL
Tax-exempt · WASHINGTON, DC 20003
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $4,130,928 | $3,817,123 | $313,805 | $2,198,822 | $1,471,612 | $727,210 |
| December 31, 2023 | 990 | $2,270,278 | $1,900,278 | $370,000 | $1,191,339 | $773,659 | $417,680 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $4,130,928
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $1,760,751
- Other salaries and wages
- $213,651
- Salaries, compensation and benefits (total)
- $2,118,360
- Professional fundraising fees
- $0
- Legal fees
- $901,924
- Accounting fees
- $42,600
- Occupancy
- $73,612
- Travel
- $111,293
- Depreciation
- $7,133
Balance sheet and other
- Total assets, start of year
- $1,191,339
- Total assets, end of year
- $2,198,822
- Total liabilities, end of year
- $1,471,612
- Net assets, end of year
- $727,210
- Land, buildings and equipment
- $34,438
- Net assets without donor restrictions
- $727,210
- Gross receipts
- $4,130,928
- Employees
- 8
- Volunteers
- 13
- Year formed
- 2016
- 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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Y PHILLIP GOLDFEDER | CHIEF EXECUTIVE OFFICER Officer | 40 | $600,000 | $213,570 |
| REBECCA O'MARA | SVP, CFO Officer | 40 | $311,000 | $82,138 |
| IAN MOLONEY | HEAD OF POLICY & REGULATORY AFFAIRS Key employee | 40 | $260,000 | $103,024 |
| ELIZABETH GORZ | CHIEF STRATEGY OFFICER Officer | 40 | $178,221 | $12,798 |
| TAYLOR M MCCARTHY | VP Highest-paid employee | 40 | $120,667 | $35,559 |
| MARTHA O'MALLEY | CHAIR OF THE BOARD Trustee or director | 1 | $0 | $0 |
| EZRA GARRETT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ULRICO IZAGUIRRE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOSEPH GARBA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FARAH ZUBAIR | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ERIC GOTT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| DAVID DURANT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| KIERAN NOONAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NATHANIEL HOOPES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| LISA ALBISTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RYAN NAPLES | DIRECTOR Trustee or director | 1 | $0 |
| JENNA HUNT | DIRECTOR Trustee or director | 1 | $0 |
| RACHEL KESSLER | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Y PHILLIP GOLDFEDER | CHAIR OF THE BOARD Trustee or director, Officer | 40 | $370,096 | $29,188 |
| REBECCA O'MARA | SVP, CFO Officer | 40 | $260,000 | $23,951 |
| YANA MILES | FORMER GENERAL COUNSEL Former | 40 | $239,584 | $21,914 |
| GERRON LEVI | FORMER KEY EMPLOYEE Former | 40 | $204,317 | $16,726 |
| ELIZABETH GORZ | KEY EMPLOYEE Officer | 40 | $11,458 | $0 |
| JOSEPH GARBA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ERIC GOTT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| FRANK BORCHERT III | DIRECTOR Trustee or director | 1 | $0 | $0 |
| EZRA GARRETT | DIRECTOR Trustee or director | 1 | $0 | $0 |
| HILARY HALPERN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ROBERT LAVET | DIRECTOR Trustee or director | 1 | $0 | $0 |
| NATHANIEL HOOPES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| BRADLEY SCHECTER | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RICO IZAGUIRRE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| TOM MCCORMICK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| RYAN NAPLES | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MARTHA O'MALLEY | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JEFF STOLTZFOOS | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 853 NEW JERSEY AVE SE STE 200, WASHINGTON, DC 20003-5022
- Principal officer (990 for 2024)
- Y PHILLIP GOLDFEDER, 853 NEW JERSEY AVE SE 200, WASHINGTON, DC 20003
- Signed the 990
- Y PHILLIP GOLDFEDER, CHIEF EXECUTIVE OFFICER
- Phone
- (410) 924-2886
- Website
- FINTECHCOUNCIL.ORG
- Return prepared by
- COUNCILOR BUCHANAN & MITCHELL PC
Mission
A STANDARDS-BASED ORGANIZATION, AFC IS THE PREMIER TRADE ASSOCIATION REPRESENTING THE LARGEST FINANCIAL TECHNOLOGY (FINTECH) COMPANIES AND INNOVATIVE BAAS BANKS. OUR MISSION IS TO PROMOTE A TRANSPARENT, INCLUSIVE, AND CUSTOMER-CENTRIC FINANCIAL SYSTEM BY SUPPORTING RESPONSIBLE INNOVATION IN FINANCIAL SERVICES AND ENCOURAGING SOUND PUBLIC POLICY. AFC MEMBERS FOSTER COMPETITION IN CONSUMER FINANCE AND PIONEER PRODUCTS TO BETTER SERVE UNDERSERVED CONSUMER SEGMENTS AND GEOGRAPHIES.
Program accomplishments
- THE MISSION OF AFC IS TO PROMOTE A TRANSPARENT, EFFICIENT, AND CUSTOMER-FRIENDLY FINANCIAL SYSTEM BY SUPPORTING THE RESPONSIBLE GROWTH OF FINANCIAL TECHNOLOGY, FOSTERING INNOVATION IN FINANCIAL TECHNOLOGY, AND ENCOURAGING SOUND PUBLIC POLICY.
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
- 81-3819306
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2019
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $2,198,822
- Income (IRS master file)
- $4,130,928
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $4,130,928 | $3,817,123 | $2,198,822 | IRS |
| 990 | December 2023 | $2,270,278 | $1,900,278 | $1,191,339 | XML |
| 990 | December 2022 | $2,276,540 | $2,030,895 | $441,798 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 81-3819306).
Questions about AMERICAN FINTECH COUNCIL
- What is the EIN of AMERICAN FINTECH COUNCIL?
- The employer identification number (EIN) of AMERICAN FINTECH COUNCIL is 81-3819306.
- Is AMERICAN FINTECH COUNCIL tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2019.
- Are donations to AMERICAN FINTECH COUNCIL tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does AMERICAN FINTECH COUNCIL 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 AMERICAN FINTECH COUNCIL 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 AMERICAN FINTECH COUNCIL 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 AMERICAN FINTECH COUNCIL?
- The 990 for the year ended December 31, 2024 names Y PHILLIP GOLDFEDER.
- Who are the officers and directors of AMERICAN FINTECH COUNCIL?
- The 990 for the year ended December 31, 2024 lists 18 people; 5 received compensation from the organization, the highest $600,000 (Y PHILLIP GOLDFEDER, CHIEF EXECUTIVE OFFICER).
- How much revenue does AMERICAN FINTECH COUNCIL have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $4,130,928, expenses of $3,817,123 and total assets of $2,198,822 at year end.
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