Certified Lease & Finance Professional Foundation

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

EIN: 462805002 ✦ Northbrook, IL ✦ Designated as a 501(c)(6)

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Overview

What is Certified Lease & Finance Professional Foundation?

The Certified Lease & Finance Professional Foundation is a nonprofit organization situated in Northbrook, Illinois. Its primary purpose is to enhance the skills and professionalism in the equipment leasing and financing industry. The foundation accomplishes this by sponsoring the Academy of Leasing and Finance Professionals, which offers educational classes and training. As an education and certifying body, the foundation aims to elevate industry standards within this field. The organization employs a small team of three individuals, showcasing its commitment to this mission.


Official website here: www.clfpfoundation.org

Is Certified Lease & Finance Professional Foundation legitimate?

Certified Lease & Finance Professional Foundation is a legitimate nonprofit organization registered as a 501(c)(6) entity. Certified Lease & Finance Professional Foundation 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: $200,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $146,915

For more financial information, click here


Official website here: www.clfpfoundation.org

What is the mission statement of Certified Lease & Finance Professional Foundation?

The Certified Lease & Finance Professional Foundation serves as an educational and certifying body, dedicated to enhancing industry standards among equipment leasing and financing professionals. Its mission is to elevate the profession by offering classes and training programs through the Academy of Leasing and Finance Professionals, aiming to improve the skills and competence of individuals within the field. By doing so, the foundation strives to promote professional growth and maintain high standards within the equipment leasing and financing industry.


Official website here: www.clfpfoundation.org

Who is the CEO of Certified Lease & Finance Professional Foundation?

Jenny Wood Clfp is the President of Certified Lease & Finance Professional Foundation. The CEO's salary of Certified Lease & Finance Professional Foundation is $200,000 and their total compensation is $200,000.


Official website here: www.clfpfoundation.org

What is the revenue of Certified Lease & Finance Professional Foundation?

Certified Lease & Finance Professional Foundation's revenue in 2022 was $752,434.


Official website here: www.clfpfoundation.org

Who are the executives of Certified Lease & Finance Professional Foundation and what are their salaries?

The average compensation at Certified Lease & Finance Professional Foundation during 2022 was $115,638. There are 3 employees at Certified Lease & Finance Professional Foundation.


Here are 16 key members and their salaries (Certified Lease & Finance Professional Foundation's CEO's salary is $200,000 and their total compensation is $200,000):


Jenny Wood Clfp (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lia Wax Clfp (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Mcdonald Clfp (Co-Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Buzard Cpa Clfp (Co-Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Candace Reinhart Clfp (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Colling Clfp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mikki Henkelman Clfp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theresa Kabot Clfp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Knowlton Clfp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Lachance Clfp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jena Morgan Clfp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Mount Clfp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Nelson Clfp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathy Nordendahl Clfp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Reuben Clfp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Reid Raykovich Clfp (Ceo)
  • Compensation: $200,000
  • Related: $0
  • Other: $0


Official website here: www.clfpfoundation.org

Where can I find the form 990 for Certified Lease & Finance Professional Foundation?

Certified Lease & Finance Professional Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.clfpfoundation.org

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

Mission Statement of Certified Lease & Finance Professional Foundation

The Certified Lease & Finance Professional Foundation serves as an educational and certifying body, aiming to elevate the standards within the equipment leasing and financing industry. Its mission is centered around enhancing the professional skills of individuals working in this field. To achieve this, the foundation sponsors the Academy of Leasing and Finance Professionals. This academy provides a platform for individuals interested in improving their expertise, offering classes and training programs tailored to the needs of the industry. By doing so, the Certified Lease & Finance Professional Foundation seeks to raise the bar for professionals in the leasing and financing sector, ultimately fostering a more competent and efficient industry.

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Impact




October, 2024

The Certified Lease & Finance Professional Foundation plays a crucial role in enhancing the standards of the equipment leasing and financing industry. By sponsoring the Academy of Leasing and Finance Professionals, it provides comprehensive classes and training designed to elevate the skills of individuals in this field. This commitment to education not only helps professionals develop their expertise but also fosters a more knowledgeable workforce, ultimately leading to improved practices and greater integrity within the industry. As a certifying body, it establishes benchmarks that encourage professionals to meet high standards of competency and ethics, contributing to the overall advancement of the leasing and financing sector.




This information is meant to be a general summary of Certified Lease & Finance Professional Foundation. 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
$752,434 (2022)
Expenses
$508,155 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,759
  • Program Service Revenue: $525,317
  • Gross Receipts: $772,327

Assets and Liabilities:

  • Total Assets: $1,075,362
  • Total Liabilities: $223,655
  • Net Assets: $851,707

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Programs

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

ACADEMY OF LEASE & FIN

Revenue

$265,884

CLFP EXAM TESTING FEE

Revenue

$259,433

Organization Details

Founding Year

1985

Principal Officer

Jenny Wood Clfp

Main Address

PO BOX 146, NORTHBROOK, IL, 60065

NTEE Category

Code: B03 - Education

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