Overview
What is Equipment Leasing And Finance Association?
The Equipment Leasing and Finance Association is a nonprofit organization situated in Washington, D.C. Its primary goal is to foster business growth and profitability among its members through networking, mutual assistance, and industry knowledge sharing. To achieve this, the association provides programs focused on equipment leasing and financing. Its mission extends beyond this, aiming to represent the general interests of the equipment leasing and financing industry, offering educational resources and communications to its members and the public, and advocating for high standards within the industry. With a team of 23 dedicated individuals, the association plays a significant role in promoting and shaping the equipment leasing and financing sector.
Official website here: www.elfaonline.org
Is Equipment Leasing And Finance Association legitimate?
Equipment Leasing And Finance Association is a legitimate nonprofit organization registered as a 501(c)(6) entity. Equipment Leasing And Finance 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: $2,003,441
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,977,325
For more financial information, click here
Official website here: www.elfaonline.org
What is the mission statement of Equipment Leasing And Finance Association?
The Equipment Leasing and Finance Association exists with the mission to advocates for and represents the broader interests of the equipment leasing and financing industry. The association offers beneficial programs to the industry and its members, disseminating information, education, and communications to both its membership and the public. It leads in resolving general industry issues and upholds high standards of business conduct within the industry. The organization's primary role is to promote the general well-being of the equipment leasing and financing sector.
Official website here: www.elfaonline.org
Who is the CEO of Equipment Leasing And Finance Association?
Leigh Lytle is the CEO of Equipment Leasing And Finance Association The CEO's salary of Equipment Leasing And Finance Association is $93,749 and their total compensation is $93,749.
Official website here: www.elfaonline.org
What is the revenue of Equipment Leasing And Finance Association?
Equipment Leasing And Finance Association's revenue in 2023 was $11,475,598.
Official website here: www.elfaonline.org
Who are the executives of Equipment Leasing And Finance Association and what are their salaries?
The average compensation at Equipment Leasing And Finance Association during 2023 was $165,865. There are 24 employees and 775 volunteers at Equipment Leasing And Finance Association.
Here are 38 key members and their salaries (Equipment Leasing And Finance Association's CEO's salary is $93,749 and their total compensation is $93,749):
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- Compensation: $739,102
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- Other: $74,278
- Compensation: $93,749
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- Compensation: $200,944
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- Compensation: $336,606
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- Compensation: $162,879
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- Other: $25,367
- Compensation: $149,468
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- Other: $38,170
- Compensation: $152,140
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- Other: $33,306
- Compensation: $179,905
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- Other: $23,826
Official website here: www.elfaonline.org
Where can I find the form 990 for Equipment Leasing And Finance Association?
Equipment Leasing And Finance Association's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.elfaonline.org
Learn more at the official website: www.elfaonline.org
Mission Statement of Equipment Leasing And Finance Association
The Equipment Leasing and Finance Association, abbreviated as ELFA, is an organization dedicated to fostering interest and offering programs in the realm of equipment leasing and financing. Its primary mission is to advocate for and represent the collective interests of the equipment leasing and financing industry. This includes providing beneficial programs to the industry and its members, disseminating information, education, and communications to its membership and the public at large. ELFA also plays a proactive role in addressing industry-wide issues and promoting high standards of ethical business practices within the sector. By doing so, the organization aims to contribute to the resolution of industry challenges and maintain a reputable standing for the equipment leasing and financing industry.
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Impact
October, 2024
The Equipment Leasing and Finance Association (ELFA) plays a vital role in advancing the interests of the equipment leasing and financing industry. By facilitating networking and information-sharing among its members, ELFA fosters business development that supports sustained growth and profitability. Its programs enhance market knowledge and aim to cultivate a positive image for the industry, which is essential for attracting investment and promoting best practices.
ELFA's initiatives also focus on educating stakeholders about the value and benefits of equipment leasing and financing. Through its efforts, the association helps to address and resolve industry-wide issues, ensuring that members are equipped with the tools needed to navigate challenges effectively. The association's commitment to high standards of business practices not only uplifts its members but also improves the overall integrity and competitiveness of the equipment leasing and financing sector.
Furthermore, ELFA's advocacy work ensures that the industry's voice is heard in legislative and regulatory discussions, influencing policies that affect its members. By representing the general interests of the industry, the association plays an instrumental role in shaping a favorable environment for equipment leasing and financing businesses, ultimately contributing to community improvement and economic growth.
This information is meant to be a general summary of Equipment Leasing And Finance 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $423,350
- Program Service Revenue: $10,819,473
- Gross Receipts: $11,475,598
Assets and Liabilities:
- Total Assets: $22,830,454
- Total Liabilities: $10,201,216
- Net Assets: $12,629,238
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBER DUES
Revenue
$5,900,136
CONVENTION/SEMINARS
Revenue
$4,749,123
ADVERTISING
Revenue
$123,930
PUBLICATIONS
Revenue
$46,284
Organization Details
Founding Year
1961
Principal Officer
Leigh Lytle
Website
www.elfaonline.orgNTEE Category
Code: S41 - Community improvement
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