Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jun 1947.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Who runs it and what they're paid
26 people listed on the 990.
Compensation history total reportable pay by year · 5 named individuals · Part VII
| Name | FY2023 | FY2022 | FY2021 |
|---|---|---|---|
| James R Aramanda | — | $2,772,952 | $2,577,273 |
| Stephanie Heller | $241,848 | $1,189,219 | $1,106,179 |
| Darrell Walsh | — | $709,580 | $689,840 |
| Robert Hunter | $47,305 | $591,240 | $568,256 |
| Rodney Abele | $219,969 | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Advocates for member banks and the broader banking industry to support a safe, sound, and competitive banking system.
Questions for Clearing House Association LLC
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The clearing house association L.L.C is a nonpartisan advocacy organization that represents the interests of its member banks and the broader banking industry by developing and promoting policies to support a safe, sound, and competitive banking system that serves customers, communities, and supports economic growth.
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $4.5M | $7.9M |
| Land, buildings, equipmentLn 10c | $341K | $216K |
| Total assetsLn 16 | $12.2M | $15.4M |
| LiabilitiesLn 26 | $1.3M | $2.8M |
| Net assetsLn 32 | $10.9M | $12.5M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Pay of current officers, directors and key staffLn 5 | $985K | |||
| Payroll taxesLn 10 | $33K | |||
| Legal feesLn 11b | $839K | |||
| Accounting feesLn 11c | $118K | |||
| Lobbying feesLn 11d | $53K | |||
| Other fees for servicesLn 11g | $8K | |||
| Office expensesLn 13 | $19K | |||
| Information technologyLn 14 | $2K | |||
| TravelLn 17 | $17K | |||
| Conferences, conventions and meetingsLn 19 | $1.5M | |||
| Depreciation, depletion and amortizationLn 22 | $120K | |||
| InsuranceLn 23 | $84K | |||
| Other expenses (24a–d)Ln 24 | $99K | |||
| All other expensesLn 24e | $2K | |||
| Total functional expensesLn 25 | $3.9M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest Viewing | $5.2M | $3.9M | $1.4M | $12.5M | 990 PDF |
| FY2023 | $5.3M | $3.5M | $1.8M | $10.9M | 990 PDF |
| FY2022 | $5.6M | $4.0M | $1.7M | $8.8M | 990 PDF |
| FY2021 | $75K | $2.1M | −$2.0M | $7.1M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $5,231,649 revenue, 12 lines filed
Part VI · Governance 22 of 22 board members independent, 5 to look at
Part VIII · Statement of revenue $5,231,649 across 4 lines filed
Part IX · Statement of functional expenses $3,870,540 across 14 lines filed
Part X · Balance sheet $15,364,179 assets, 11 lines filed
Part XI · Reconciliation of net assets $12,522,275 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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