Overview
What is Network Branded Prepaid Card Association?
The Network Branded Prepaid Card Association, often referred to as Innovative Payments Association, is a nonprofit organization based in Montvale, New Jersey. Their primary mission is to encourage the efficient use of electronic payments, promote financial inclusion by educating and empowering consumers, represent the industry before legislative and regulatory bodies, and provide thought leadership in the field. Specifically, they work towards advocating for and advancing the success of the branded prepaid card industry, including prepaid products, mobile wallets, and P2P technology. With a small team of five employees, they strive to serve as a leading voice for the electronic payments sector at all levels, from consumers and businesses to governments.
Official website here: www.nbpca.org
Is Network Branded Prepaid Card Association legitimate?
Network Branded Prepaid Card Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Network Branded Prepaid Card Association submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $633,784
Professional Fundraising Fees: $0
Other Salaries and Wages: $192,614
For more financial information, click here
Official website here: www.nbpca.org
What is the mission statement of Network Branded Prepaid Card Association?
The Network Branded Prepaid Card Association, serving as the leading voice for the electronic payments sector, has a mission to promote and educate about the success of the branded prepaid card industry. This trade organization aims to encourage efficient use of electronic payments, foster financial inclusion by educating and empowering consumers, represent the industry before legislative and regulatory bodies, and provide thought leadership within the field of prepaid products, mobile wallets, and P2P technology.
Official website here: www.nbpca.org
Who is the CEO of Network Branded Prepaid Card Association?
Anna Drennan is the President & Ceo of Network Branded Prepaid Card Association. The CEO's salary of Network Branded Prepaid Card Association is $287,501 and their total compensation is $296,126.
Official website here: www.nbpca.org
What is the revenue of Network Branded Prepaid Card Association?
Network Branded Prepaid Card Association's revenue in 2022 was $1,629,655.
Official website here: www.nbpca.org
Who are the executives of Network Branded Prepaid Card Association and what are their salaries?
The average compensation at Network Branded Prepaid Card Association during 2022 was $165,280. There are 5 employees and 25 volunteers at Network Branded Prepaid Card Association.
Here are 30 key members and their salaries (Network Branded Prepaid Card Association's CEO's salary is $287,501 and their total compensation is $296,126):
- Compensation: $287,501
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- Other: $8,625
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- Compensation: $185,722
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- Other: $5,572
- Compensation: $142,101
- Related: $0
- Other: $4,263
Official website here: www.nbpca.org
Where can I find the form 990 for Network Branded Prepaid Card Association?
Network Branded Prepaid Card Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nbpca.org
Learn more at the official website: www.nbpca.org
Mission Statement of Network Branded Prepaid Card Association
The Network Branded Prepaid Card Association, serving as a leading voice in the electronic payments sector, is dedicated to promoting and advocating for the success of the branded prepaid card industry. This nonprofit organization aims to encourage the efficient use of electronic payments, fostering financial inclusion by educating and empowering consumers. The Association represents the industry before legislative and regulatory bodies, ensuring that the interests of the prepaid card industry are heard and understood. Furthermore, the Network Branded Prepaid Card Association provides thought leadership, contributing valuable insights and perspectives to the industry and its stakeholders. By advocating for and representing the branded prepaid card industry, the Association plays a crucial role in shaping the future of electronic payments and financial inclusion.
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Impact
October, 2024
The Network Branded Prepaid Card Association (NBPCA) significantly influences the branded prepaid card industry through its commitment to education, advocacy, and promotion. By focusing on financial inclusion, the NBPCA empowers consumers with knowledge about electronic payments, helping them make informed choices that enhance their financial capabilities.
Through its active representation of the industry before legislative and regulatory bodies, the NBPCA ensures that the interests of the prepaid card sector are considered in policymaking, which helps create a favorable environment for innovation and growth.
The association also provides thought leadership, guiding stakeholders in best practices and emerging trends within the electronic payments landscape. This role not only benefits businesses and consumers but also supports governments by advocating for effective and efficient payment solutions.
Overall, the NBPCA plays a critical role in cultivating a community that prioritizes electronic payments, promoting greater accessibility, and improving financial services for all.
This information is meant to be a general summary of Network Branded Prepaid Card Association. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $57
- Program Service Revenue: $1,629,598
- Gross Receipts: $1,629,655
Assets and Liabilities:
- Total Assets: $987,476
- Total Liabilities: $613,766
- Net Assets: $373,710
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$1,327,644
CONFERENCES & WORKSHOP
Revenue
$301,954
Organization Details
Founding Year
2005
Phone
(202) 548-7200Principal Officer
Anna Drennan
Main Address
110 CHESTNUT RIDGE ROAD SUITE 111, MONTVALE, NJ, 07645
Website
www.nbpca.orgNTEE Category
Code: S41 - Community improvement
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