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Foreign Exchange Professionals Association

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

EIN: 472026757 ✦ Katonah, NY ✦ Designated as a 501(c)(6)

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Overview

What is Foreign Exchange Professionals Association?

The Foreign Exchange Professionals Association is a nonprofit organization situated in Katonah, New York. Its primary goal is to advocate for the necessity of stable, liquid, transparent, and competitive global currency markets to policymakers. They achieve this mission through education, research, and advocacy, representing the collective interests of individuals and companies involved in the institutional foreign exchange marketplace. The association aims to promote a healthy and competitive global currency market environment, contributing to economic stability and growth.


Official website here: www.fxpa.org

Is Foreign Exchange Professionals Association legitimate?

Foreign Exchange Professionals Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Foreign Exchange Professionals Association 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.fxpa.org

What is the mission statement of Foreign Exchange Professionals Association?

The Foreign Exchange Professionals Association's mission is to represent the collective interests of individuals and companies engaged in the institutional foreign exchange marketplace. Their primary goal is to advocate for the necessity of robust, liquid, transparent, and competitive global currency markets. They achieve this objective through education, research, and advocacy, aiming to influence policy makers to foster such market conditions.


Official website here: www.fxpa.org

Who is the CEO of Foreign Exchange Professionals Association?

Kenneth Lowry is the Vice-Chairperson of Foreign Exchange Professionals Association.


Official website here: www.fxpa.org

What is the revenue of Foreign Exchange Professionals Association?

Foreign Exchange Professionals Association's revenue in 2022 was $245,000.


Official website here: www.fxpa.org

Who are the executives of Foreign Exchange Professionals Association and what are their salaries?

There 11 volunteers at Foreign Exchange Professionals Association.


Here are 9 key members and their salaries:


Chip Lowry (Vice-Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kok Chong Lam (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Leonard-Appleton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Matsko (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Houston (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Margolis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lauren Rosborough Watt (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Dauber (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Knudsen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fxpa.org

Where can I find the form 990 for Foreign Exchange Professionals Association?

Foreign Exchange Professionals Association's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fxpa.org

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

Mission Statement of Foreign Exchange Professionals Association

The Foreign Exchange Professionals Association, often abbreviated as FXPA, serves as a representative body for individuals and companies engaged in the institutional foreign exchange marketplace. Its mission is centered around advocating for the necessity of robust, liquid, transparent, and competitive global currency markets. FXPA achieves this objective by employing a three-pronged approach: education, research, and advocacy. Through these strategies, the association aims to influence policy makers, underscoring the importance of a thriving foreign exchange marketplace. By promoting sound market practices, FXPA seeks to contribute to a stable and well-functioning financial system, ultimately benefiting both the industry professionals and the end-users.

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Impact




October, 2024

The Foreign Exchange Professionals Association plays a crucial role in shaping the landscape of the institutional foreign exchange market. By representing the collective interests of individuals and companies involved in this sector, the association advocates for sound, liquid, transparent, and competitive currency markets.

Through targeted education, research, and advocacy efforts, the association engages with policymakers to highlight the importance of robust currency markets. This approach not only fosters a better understanding of the foreign exchange ecosystem among stakeholders but also promotes best practices that enhance market integrity and efficiency.

By championing these principles, the Foreign Exchange Professionals Association contributes significantly to the stability and competitiveness of global currency markets, ultimately benefiting participants and the wider economy. Its commitment to community improvement ensures that the needs and concerns of market participants are effectively communicated and addressed in regulatory discussions.




This information is meant to be a general summary of Foreign Exchange Professionals Association. 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
$245,000 (2022)
Expenses
$347,537 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $245,000
  • Gross Receipts: $245,000

Assets and Liabilities:

  • Total Assets: $383,484
  • Total Liabilities: $70,000
  • Net Assets: $313,484

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Programs

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

MEMBERSHIP DUES

Revenue

$245,000

Organization Details

Founding Year

2014

Principal Officer

Kenneth Lowry

Main Address

CO HECKLER-200 KATONAH AVE STE 14A, KATONAH, NY, 10536

NTEE Category

Code: S40 - Community improvement

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