nonprofit logo

Merchant Advisory Group

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

EIN: 371558379 ✦ Minneapolis, MN ✦ Designated as a 501(c)(6)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

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):


Kathy Hanna (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alok Mathur (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Priebe (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gina Powers (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Collins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ken Grogan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Henry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Jessiman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joe Vasterling (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Aglialoro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dee O'Malley (Ex-Officio Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Schmitt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Storbeck (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Drechny (Ceo)
  • Compensation: $547,767
  • Related: $0
  • Other: $0
Elizabeth Provenzano (Sr Vp Public Affairs)
  • Compensation: $193,393
  • Related: $0
  • Other: $7,591
Laura Townsend (Chief Operations Officer)
  • Compensation: $320,137
  • Related: $0
  • Other: $0
Steven Cole (Director)
  • Compensation: $169,699
  • Related: $0
  • Other: $6,683
Karina Bellorin (Strategic Project Manager)
  • Compensation: $137,563
  • Related: $0
  • Other: $6,850
Kari Hartley (Executive Admin Assistant)
  • Compensation: $135,150
  • Related: $0
  • Other: $6,962
Andrea Rouse (Director)
  • Compensation: $132,499
  • Related: $0
  • Other: $6,606
Leah Collins (Director)
  • Compensation: $113,588
  • Related: $0
  • Other: $5,671
Eric Vescera (Former Director)
  • Compensation: $160,852
  • Related: $0
  • 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.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

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.

Revenue
$5,243,279 (2022)
Expenses
$5,245,875 (2022)
Efficiency

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

Want to help this charity, for free? You can click here to learn more about Give Freely

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

Principal Officer

John Drechny

Main Address

4248 PARK GLEN ROAD, MINNEAPOLIS, MN, 55416

NTEE Category

Code: S41 - Community improvement

If you are a representative of Merchant Advisory Group and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.