Utah Association Of Financial Services

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

EIN: 870228572 ✦ Salt lake city, UT ✦ Designated as a 501(c)(6)

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Overview

What is Utah Association Of Financial Services?

Utah Association of Financial Services is a nonprofit organization situated in Salt Lake City, Utah. Their primary mission is to preserve the industrial bank charter and foster the growth of this sector. By doing so, they aim to generate significant benefits for the state, such as job creation, increased tax revenue, and active community reinvestment. The organization hosts an annual convention to accomplish these objectives. Based in Salt Lake City, with an address at 60 S 600 E STE 150, they contribute positively to Utah's economic landscape.


Official website here: www.uafs.net

Is Utah Association Of Financial Services legitimate?

Utah Association Of Financial Services is a legitimate nonprofit organization registered as a 501(c)(6) entity. Utah Association Of Financial Services 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.uafs.net

What is the mission statement of Utah Association Of Financial Services?

The Utah Association of Financial Services aims to safeguard the industrial bank charter and foster the ongoing growth of the Industrial Bank sector. Their objective is to generate substantial benefits for the State of Utah, encompassing job creation, increased tax revenue, and community reinvestment activities. This organization actively encourages the development of the Industrial Bank industry, contributing positively to the state's economic landscape.


Official website here: www.uafs.net

Who is the CEO of Utah Association Of Financial Services?

Frank Pignanelli is the Member-At-Large of Utah Association Of Financial Services.


Official website here: www.uafs.net

What is the revenue of Utah Association Of Financial Services?

Utah Association Of Financial Services's revenue in 2022 was $574,060.


Official website here: www.uafs.net

Who are the executives of Utah Association Of Financial Services and what are their salaries?


Here are 10 key members and their salaries:


Reese Howell (Member-At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Haidenthaller (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Donnelly (Secretarytreasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lew Goodwin (Member-At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christi Palmer (Member-At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ray Specht (Member-At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherrie Rees (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Taylor (Member-At-Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Moss (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Pignanelli (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.uafs.net

Where can I find the form 990 for Utah Association Of Financial Services?

Utah Association Of Financial Services's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.uafs.net

Learn more at the official website: www.uafs.net

Mission Statement of Utah Association Of Financial Services

Utah Association of Financial Services is committed to preserving the industrial bank charter and fostering the growth of this sector. Their mission is centered around encouraging the expansion of the Industrial Bank industry within the State of Utah. By doing so, they aim to generate substantial benefits for the state, such as job creation, increased tax revenue, and active community reinvestment activities. This organization serves as a proponent for the continuous development of the Industrial Bank industry, ultimately contributing positively to the economic landscape of Utah.

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Impact




October, 2024

The Utah Association of Financial Services plays a significant role in preserving the industrial bank charter and fostering the growth of the Industrial Bank industry in Utah. By advocating for this sector, the organization helps create jobs, contribute tax revenue, and promote community reinvestment activities throughout the state. Its efforts not only support the financial services landscape but also enhance economic vitality, ensuring that the benefits of the industrial bank industry are felt across communities in Utah. Through initiatives such as the Annual Convention, the association facilitates networking and knowledge sharing, furthering the development of financial services while positively impacting the local economy.




This information is meant to be a general summary of Utah Association Of Financial Services. 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
$574,060 (2022)
Expenses
$498,208 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $78
  • Program Service Revenue: $165,444
  • Gross Receipts: $574,060

Assets and Liabilities:

  • Total Assets: $443,305
  • Total Liabilities: $38,948
  • Net Assets: $404,357

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Programs

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

Convention Income

Revenue

$165,444

Organization Details

Founding Year

1951

Principal Officer

Frank Pignanelli

Main Address

60 S 600 E STE 150, Salt Lake City, UT, 84102

NTEE Category

Code: S41 - Community improvement

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