Community Currency Exchange Assn Of Il Inc

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

EIN: 360898466 ✦ Skokie, IL ✦ Designated as a 501(c)(6)

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Overview

What is Community Currency Exchange Assn Of Il Inc?

Community Currency Exchange Assn Of Il Inc is a nonprofit organization situated in Skokie, Illinois. They are an active member of Financial Services Centers of America (FISCA), a network of 5,000 check-cashing and financial service centers nationwide, specifically focusing on Illinois currency exchanges. The organization's primary service is cooperative advertising, aiming to promote its member businesses within the community.


Official website here: www.mycurrencyexchange.com

Is Community Currency Exchange Assn Of Il Inc legitimate?

Community Currency Exchange Assn Of Il Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Community Currency Exchange Assn Of Il 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.mycurrencyexchange.com

What is the mission statement of Community Currency Exchange Assn Of Il Inc?

The Community Currency Exchange Assn Of Il Inc, being a part of Financial Services Centers of America (FISCA), serves as a trade association for currency exchanges in Illinois. Its primary function and service program involve cooperative advertising, aiming to promote the currency exchange services available to the public. This association represents over 5000 check cashing and financial service centers across the country, contributing to the financial sector in a significant manner.


Official website here: www.mycurrencyexchange.com

Who is the CEO of Community Currency Exchange Assn Of Il Inc?

Jerry Tufano is the Director of Community Currency Exchange Assn Of Il Inc.


Official website here: www.mycurrencyexchange.com

What is the revenue of Community Currency Exchange Assn Of Il Inc?

Community Currency Exchange Assn Of Il Inc's revenue in 2022 was $348,903.


Official website here: www.mycurrencyexchange.com

Who are the executives of Community Currency Exchange Assn Of Il Inc and what are their salaries?


Here are 22 key members and their salaries:


Michael Fryzel (Director)
  • Compensation: $48,000
  • Related: $0
  • Other: $0
John Iberl (Executive Di)
  • Compensation: $30,000
  • Related: $0
  • Other: $0
Jerry Tufano (President)
  • Compensation: $30,000
  • Related: $0
  • Other: $0
David Barr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Berger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandi Berkowitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Blumenfeld (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Crowe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Czupryn (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Factor (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maxwell Fisher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Gagerman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Gagerman (Vice Presdie)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Hans (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Hershman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Kaine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Klein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Schoenberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry Shack (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hugo Sonnenschein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Tufano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Tufano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.mycurrencyexchange.com

Where can I find the form 990 for Community Currency Exchange Assn Of Il Inc?

Community Currency Exchange Assn Of Il Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.mycurrencyexchange.com

Learn more at the official website: www.mycurrencyexchange.com

Mission Statement of Community Currency Exchange Assn Of Il Inc

Community Currency Exchange Assn of Il Inc, as a member of Financial Services Centers of America (FISCA), serves a significant role in representing over 5,000 check cashing and financial service centers nationwide. Acting as a trade association for Illinois currency exchanges, this organization's primary function is cooperative advertising, making its largest service program. By engaging in cooperative advertising, the Community Currency Exchange Assn of Il Inc aims to promote currency exchange services available to the general public.

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Impact




October, 2024

Community Currency Exchange Assn of IL Inc enhances the financial landscape in Illinois by advocating for the currency exchange industry and providing essential advertising services. By being a member of the Financial Services Centers of America (FISCA), it connects local currency exchanges with a wider network of over 5,000 financial service centers nationwide. This affiliation fosters collaboration and ensures that currency exchanges in Illinois can access best practices and resources that contribute to their growth and stability.

The association's primary service is cooperative advertising, which helps individual currency exchanges promote their services effectively to the public. This support not only increases visibility for member businesses but also drives consumer awareness about available financial services, thereby improving community access to necessary financial resources. Overall, the Community Currency Exchange Assn of IL Inc plays a crucial role in fortifying the local economy and enhancing financial literacy and service accessibility across the state.




This information is meant to be a general summary of Community Currency Exchange Assn Of Il 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
$348,903 (2022)
Expenses
$282,466 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $6,499
  • Program Service Revenue: $33,927
  • Gross Receipts: $348,903

Assets and Liabilities:

  • Total Assets: $3,748,037
  • Total Liabilities: $2,980,693
  • Net Assets: $767,344

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Programs

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

PUBLIC RELATIONS - INCOME

Revenue

$31,750

LOBBYING

Revenue

$2,172

SDD TRANSACTION FEES

Revenue

$5

Organization Details

Principal Officer

Jerry Tufano

Main Address

5215 OLD ORCHARD RD STE 900, SKOKIE, IL, 60077

NTEE Category

Code: S41 - Community improvement

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