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Accredited Standards Committee X-9 Financial Industry Standards Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 260013820 ✦ Annapolis, MD ✦ Designated as a 501(c)(6)

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Overview

What is Accredited Standards Committee X-9 Financial Industry Standards Inc?

Accredited Standards Committee X-9 Financial Industry Standards Inc is a nonprofit organization headquartered in Annapolis, Maryland. Their primary mission is to develop, revise, and update standards for the financial services industry. By doing so, they aim to ensure that financial transactions are conducted efficiently, safely, and securely. With a team of four dedicated individuals, they contribute significantly to maintaining trust and reliability in the financial sector.


Official website here: www.x9.org

Is Accredited Standards Committee X-9 Financial Industry Standards Inc legitimate?

Accredited Standards Committee X-9 Financial Industry Standards Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Accredited Standards Committee X-9 Financial Industry Standards Inc 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: $251,459
Professional Fundraising Fees: $0
Other Salaries and Wages: $207,000

For more financial information, click here


Official website here: www.x9.org

What is the mission statement of Accredited Standards Committee X-9 Financial Industry Standards Inc?

The Accredited Standards Committee X-9 Financial Industry Standards Inc is committed to developing standards that ensure financial transactions are efficient, secure, and safe. This organization plays a crucial role in revising and updating standards within the financial services sector. By establishing these standards, they aim to enhance the overall safety and efficiency of financial transactions, thereby fostering a secure and reliable financial environment.


Official website here: www.x9.org

What is the revenue of Accredited Standards Committee X-9 Financial Industry Standards Inc?

Accredited Standards Committee X-9 Financial Industry Standards Inc's revenue in 2023 was $774,149.


Official website here: www.x9.org

Who are the executives of Accredited Standards Committee X-9 Financial Industry Standards Inc and what are their salaries?

The average compensation at Accredited Standards Committee X-9 Financial Industry Standards Inc during 2023 was $114,615. There are 4 employees and 490 volunteers at Accredited Standards Committee X-9 Financial Industry Standards Inc.

Here are 59 key members and their salaries:


Harden Stevens (Executive Director)
  • Compensation: $240,717
  • Related: $0
  • Other: $7,277
Corby Dear (Group Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Wright (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Samson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Smita Mahapatra (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tab Stewart (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wayne Powell (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yurik Paroubek (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Welch (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Barnes (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sean Dunlea (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erik Anderson (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Corby Dear (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valerie Hodge (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Edelman (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Hammell (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alan Thiemann (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Preiss (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Vo (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Chapa (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Coclin (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Pandy (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Simon Siew (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Guy Berg (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Buerger (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Sliger (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Curry (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Northey (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Smith (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Welch (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Herndon (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Mckee (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Militello (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Kisley (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Bowles (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Iagatta (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Manish Nathwani (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Rothschild (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Kamers (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bryan Penny (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Boyle (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gordon Mackay (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Brown Jr (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Manchester (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Bliss (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Suprenant (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Scheidt (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Torjussen (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jackie Pagn (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Wright (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Stowsky (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephen Ranzini (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Gifaldi (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gala Abramovich (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joachim Vance (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Luchak (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristina Breen (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Stapleton (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colleen Knuff (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.x9.org

Where can I find the form 990 for Accredited Standards Committee X-9 Financial Industry Standards Inc?

Accredited Standards Committee X-9 Financial Industry Standards Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.x9.org

Learn more at the official website: www.x9.org

Mission Statement of Accredited Standards Committee X-9 Financial Industry Standards Inc

Accredited Standards Committee X-9 Financial Industry Standards Inc, often abbreviated as ACCREDITED STANDARDS COMMITTEE X-9, is a dedicated organization that plays a crucial role in the financial services industry. Their primary mission is to ensure that financial transactions are conducted efficiently, safely, and securely. They achieve this by developing, revising, and updating standards that cater to the requirements of the financial sector. By implementing these standards, they aim to foster a secure and reliable environment for financial transactions, thereby promoting confidence in the financial system. The work of ACCREDITED STANDARDS COMMITTEE X-9 is instrumental in maintaining the integrity and efficiency of financial transactions, thereby benefiting both businesses and individuals alike.

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Impact



October, 2024

Accredited Standards Committee X-9 Financial Industry Standards Inc plays a pivotal role in shaping the operational framework of the financial services industry. By developing, revising, and updating standards, the committee ensures that financial transactions are efficient, safe, and secure. These standards facilitate interoperability among financial institutions, streamline processes, and enhance the overall integrity of the financial system.

The impact of these standards extends beyond individual organizations; they foster trust among consumers and businesses alike, encouraging participation in the financial ecosystem. In an era where cybersecurity and efficiency are paramount, X-9's work is crucial in mitigating risks associated with financial transactions and instilling confidence in electronic payments. By setting a benchmark for quality and security, X-9 positively influences the industry’s growth and adaptation to new technologies, ultimately contributing to community improvement and economic stability.



This information is meant to be a general summary of Accredited Standards Committee X-9 Financial Industry Standards Inc. 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.

Revenue
$774,149 (2023)
Expenses
$799,664 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $10,704
  • Program Service Revenue: $675,622
  • Gross Receipts: $774,149

Assets and Liabilities:

  • Total Assets: $1,087,379
  • Total Liabilities: $258,591
  • Net Assets: $828,788

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$675,622

Organization Details

Founding Year

1974

Principal Officer

Harden E Stevens

Website

www.x9.org

NTEE Category

Code: S41 - Community improvement

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