Overview
What is Merchant Advisory Group?
The Merchant Advisory Group is a nonprofit organization situated in Minneapolis, Minnesota, with a team of 13 dedicated individuals. Their primary purpose is to promote positive change and innovation within the payments industry, serving the interests of merchants. They achieve this objective through collaboration, education, and advocacy. To fulfill this mission, they host an annual conference, which aims to educate members and provide valuable networking opportunities. This conference likely covers various topics related to the payments industry, with a focus on addressing the needs and concerns of merchants.
Official website here: www.merchantadvisorygroup.org
Is Merchant Advisory Group legitimate?
Merchant Advisory Group is a legitimate nonprofit organization registered as a 501(c)(6) entity. Merchant Advisory Group 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:
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For more financial information, click here
Official website here: www.merchantadvisorygroup.org
What is the mission statement of Merchant Advisory Group?
The Merchant Advisory Group's mission is centered around driving positive change and innovation in the payments industry, with a focus on serving the interests of merchants. They achieve this goal through collaboration, education, and advocacy. The organization's activities aim to educate its members and provide networking opportunities, as evident in their annual conference. By working in this manner, the Merchant Advisory Group seeks to contribute positively to the development of the payments industry.
Official website here: www.merchantadvisorygroup.org
Who is the CEO of Merchant Advisory Group?
John Drechny is the Chair of Merchant Advisory Group. The CEO's salary of Merchant Advisory Group is $547,767 and their total compensation is $547,767.
Official website here: www.merchantadvisorygroup.org
What is the revenue of Merchant Advisory Group?
Merchant Advisory Group's revenue in 2022 was $5,243,279.
Official website here: www.merchantadvisorygroup.org
Who are the executives of Merchant Advisory Group and what are their salaries?
There are 13 employees and 100 volunteers at Merchant Advisory Group.
Here are 23 key members and their salaries (Merchant Advisory Group's CEO's salary is $547,767 and their total compensation is $547,767):
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- Compensation: $547,767
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- Other: $7,591
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- Compensation: $137,563
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- Compensation: $135,150
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- Other: $6,962
- Compensation: $132,499
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- Other: $6,606
- Compensation: $113,588
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- Other: $5,671
- Compensation: $160,852
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- Other: $8,454
Official website here: www.merchantadvisorygroup.org
Where can I find the form 990 for Merchant Advisory Group?
Merchant Advisory Group's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.merchantadvisorygroup.org
Learn more at the official website: www.merchantadvisorygroup.org
Mission Statement of Merchant Advisory Group
The Merchant Advisory Group, a prominent entity in the payments industry, is committed to driving positive change and innovation. Their mission is centered around serving the interests of merchants through collaboration, education, and advocacy. By doing so, they aim to bring about a favorable transformation in the payments sector. The group's activities are geared towards fostering a conducive environment for merchants, encouraging innovation, and advocating for policies that benefit them.
The Merchant Advisory Group embodies this mission through various means. One of their primary initiatives is organizing an annual conference. The purpose of this conference is twofold. It serves as a platform for educating members about the latest trends and developments in the payments industry. Additionally, it provides ample networking opportunities, enabling members to connect with industry peers and forge collaborative partnerships. These activities, in turn, contribute to the group's mission of driving positive change and innovation in the payments industry.
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Impact
October, 2024
Merchant Advisory Group significantly impacts the payments industry by advocating for merchants' interests and driving positive change through collaboration and education. By fostering a community of merchants, the group emphasizes the importance of networking and sharing insights, particularly through its annual conference, which serves as a platform for educating members and building valuable connections.
The group's mission centers on promoting innovation that directly benefits merchants, ensuring their voices are heard and considered in discussions and decisions affecting the payments landscape. Through its efforts, the Merchant Advisory Group helps to shape policies and practices that enhance operational efficiency and customer experience, ultimately contributing to the overall improvement of the industry and empowering merchants to navigate the evolving payments environment effectively.
This information is meant to be a general summary of Merchant Advisory Group. 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: $71,601
- Program Service Revenue: $1,540,143
- Gross Receipts: $5,243,279
Assets and Liabilities:
- Total Assets: $7,854,359
- Total Liabilities: $2,420,851
- Net Assets: $5,433,508
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$975,146
CONFERENCES
Revenue
$564,997
Organization Details
Founding Year
2007
Phone
(952) 928-4648Principal Officer
John Drechny
Main Address
4248 PARK GLEN ROAD, MINNEAPOLIS, MN, 55416
NTEE Category
Code: S41 - Community improvement
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