Overview
What is Swift Us National Group?
Swift Us National Group is a nonprofit organization based in Jersey City, New Jersey, with a focus on promoting shared interests of financial institutions in the United States involved in secure, confidential financial messaging. As a member of SWIFT, a global financial messaging network, Swift Us National Group represents and advances the interests of its US members within SWIFT's governance structure. The organization interacts with other national and international organizations to establish standards for financial messaging and transaction technology, aiming to lower costs and reduce risks associated with financial transactions. By improving and standardizing financial messaging and technology, Swift Us National Group facilitates overall business operations.
Is Swift Us National Group legitimate?
Swift Us National Group is a legitimate nonprofit organization registered as a 501(c)(6) entity. Swift Us National Group 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.
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What is the mission statement of Swift Us National Group?
The Swift US National Group (SUSA) serves as a representation for the American members of the Society for Worldwide Interbank Financial Telecommunication (SWIFT). Its primary mission is to advance the shared business interests of banks, securities institutions, corporations, and other entities within the United States engaged in the secure and confidential transmission and routing of financial messages. SUSA works to promote standards for financial messaging and transaction technology, interacting with both national and international organizations on this matter. It strives to advocate for its members and ensure their needs are considered in the development and implementation of these standards.
Who is the CEO of Swift Us National Group?
Kumar Narayan is the Chair/Direct of Swift Us National Group.
What is the revenue of Swift Us National Group?
Swift Us National Group's revenue in 2022 was $158,348.
Who are the executives of Swift Us National Group and what are their salaries?
Here are 16 key members and their salaries:
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Where can I find the form 990 for Swift Us National Group?
Swift Us National Group's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Swift Us National Group
Swift Us National Group, abbreviated as SUSA, serves as a representative body for the United States members of the Society for Worldwide Interbank Financial Telecommunication (SWIFT). Its primary mission is to promote the common business interests of various financial entities in the U.S., including banks, securities institutions, corporations, and others, who are involved in the secure and confidential transmission and routing of financial messages. SUSA communicates and interacts with other national and international organizations to establish standards for financial messaging and transaction technology. By doing so, SUSA plays a crucial role in ensuring that financial institutions in the U.S. can send and receive information about financial transactions in a secure, standardized, and reliable environment.
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Impact
October, 2024
Swift US National Group plays a crucial role in enhancing the efficiency and security of financial communications within the United States. By representing the interests of American members of the Society for Worldwide Interbank Financial Telecommunication (SWIFT), it fosters collaboration among banks, securities institutions, and corporations in the secure transmission and routing of confidential financial messages.
The organization promotes common business interests, advocating for improvements in financial messaging standards and transaction technologies. This commitment not only reduces costs and risks associated with financial transactions but also facilitates smoother business operations across various sectors.
Additionally, Swift US National Group engages with national and international entities to ensure that the interests of its members are well-represented in global discussions about financial standards. By focusing on standardization and security, the group helps create a reliable environment for financial institutions, ultimately contributing to the stability and integrity of the financial sector in the US and beyond.
This information is meant to be a general summary of Swift Us National Group. 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 2022.
- Investment Income: $150
- Gross Receipts: $158,348
Assets and Liabilities:
- Total Assets: $715,083
- Total Liabilities: $0
- Net Assets: $715,083
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Organization Details
Founding Year
2012
Phone
(212) 552-0945Principal Officer
Kumar Narayan
Main Address
575 WASHINGTON BLVD 17TH FLOOR, JERSEY CITY, NJ, 07310
NTEE Category
Code: S40 - Community improvement
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