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American Fintech Council

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

EIN: 813819306 ✦ Washington, DC ✦ Designated as a 501(c)(6)

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Overview

What is American Fintech Council?

The American Fintech Council is a nonprofit organization situated in Washington D.C., specifically at 853 New Jersey Ave SE 200. Their primary objective is to foster a transparent, efficient, and customer-friendly financial system. They achieve this by supporting the responsible growth of financial technology, promoting innovation in financial technology, and advocating for sound public policy in this sector. With a team of four individuals, the American Fintech Council plays a significant role in shaping the future of financial technology, ensuring it serves its customers effectively and responsibly.


Official website here: www.fintechcouncil.org

Is American Fintech Council legitimate?

American Fintech Council is a legitimate nonprofit organization registered as a 501(c)(6) entity. American Fintech Council 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: $1,285,834
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.fintechcouncil.org

What is the mission statement of American Fintech Council?

The American Fintech Council's mission is centered around promoting a transparent, efficient, and customer-friendly financial system. This is achieved by supporting the responsible growth of financial technology, fostering innovation in this field, and encouraging sound public policy. The organization's goal is to contribute to a financial system that prioritizes transparency, efficiency, and customer satisfaction, thereby driving the responsible growth of financial technology and promoting innovation. By advocating for sound public policy, the council aims to create an environment that supports the responsible development of financial technology, ultimately benefiting both consumers and the financial sector as a whole.


Official website here: www.fintechcouncil.org

Who is the CEO of American Fintech Council?

Y Phillip Goldfeder is the Chair Of The Board of American Fintech Council. The CEO's salary of American Fintech Council is $593,750 and their total compensation is $630,320.


Official website here: www.fintechcouncil.org

What is the revenue of American Fintech Council?

American Fintech Council's revenue in 2022 was $2,276,540.


Official website here: www.fintechcouncil.org

Who are the executives of American Fintech Council and what are their salaries?

The average compensation at American Fintech Council during 2022 was $321,458. There are 4 employees at American Fintech Council.


Here are 13 key members and their salaries (American Fintech Council's CEO's salary is $593,750 and their total compensation is $630,320):


Y Phillip Goldfeder (Chair Of The Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ulrico Izaguirre (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Armen Meyer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Borchert Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ezra Garrett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Oberle O'Malley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Lavet (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nathaniel Hoopes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bradley Schecter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rebecca O'Mara (Svp, Cfo)
  • Compensation: $300,000
  • Related: $0
  • Other: $20,652
Yana Miles (General Counsel)
  • Compensation: $300,000
  • Related: $0
  • Other: $21,294
Gerron Levi (Key Employee)
  • Compensation: $235,417
  • Related: $0
  • Other: $21,351
Garry Reeder (Former Ceo)
  • Compensation: $593,750
  • Related: $0
  • Other: $36,570


Official website here: www.fintechcouncil.org

Where can I find the form 990 for American Fintech Council?

American Fintech Council's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fintechcouncil.org

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

Mission Statement of American Fintech Council

The American Fintech Council, in its mission, strives to foster a transparent, efficient, and customer-friendly financial system. It achieves this by supporting the responsible growth of financial technology, encouraging innovation in this sector, and advocating for sound public policy. The organization's goal is to promote a financial system that caters to its users in a responsible and customer-friendly manner, all while ensuring that financial technology grows in a responsible manner and innovates to meet the evolving needs of the public. The American Fintech Council plays a crucial role in shaping public policy related to financial technology, aiming to ensure that it supports a transparent and efficient financial system that benefits all its users.

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Impact




October, 2024

The American Fintech Council (AFC) significantly impacts the financial technology landscape by fostering responsible innovation and advocating for sound public policy. Its mission to promote a transparent, efficient, and customer-friendly financial system is pivotal as it supports the responsible growth of fintech companies. By encouraging innovation, the AFC helps create solutions that improve financial services, making them more accessible and user-friendly for consumers.

Moreover, the AFC plays a crucial role in shaping public policy that aligns with the needs of the evolving financial technology sector. Through its efforts, the council ensures that the regulatory environment is conducive to innovation while prioritizing consumer protection and ethical practices. By facilitating collaboration among stakeholders, the AFC influences positive changes within the industry, paving the way for advancements that enhance community improvement and boost overall trust in financial systems.




This information is meant to be a general summary of American Fintech Council. 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
$2,276,540 (2022)
Expenses
$2,030,895 (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: $2,276,540
  • Gross Receipts: $2,276,540

Assets and Liabilities:

  • Total Assets: $441,798
  • Total Liabilities: $394,118
  • Net Assets: $47,680

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Programs

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

MEMBERSHIP DUES

Revenue

$2,269,540

OTHER

Revenue

$7,000

Organization Details

Founding Year

2016

Principal Officer

Y Phillip Goldfeder

Main Address

853 NEW JERSEY AVE SE 200, WASHINGTON, DC, 20003

NTEE Category

Code: S41 - Community improvement

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