Electronic Transactions Association FY2021 filing

Not tax-deductible

Washington, DC501(c)(6)Since 1990EIN 52-1700108Revenue $4.9M in FY2021

On file with the IRSelectran.org1300 Connecticut Ave Nw Ste 475, 20036-1771 · Washington, DCTax-exempt since Sep 1991

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

Provide leadership in the transaction processing industry through education and advocacy.

$1.9M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(6)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
No
Donations are not tax-deductible
Worth a look: the IRS does not list gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average surplus $3.1M a year · 27% of revenue · last 5 filings
Worth a look: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$1.9M
to officers and key staff · 33% of spending
Concern: pay to officers and key staff is 33% of spending; over 30%.
Pt VII · Sec A
4 mo
of spending, in cash
Looks good: 3.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$3.9M
38% of total assets
Looks good: liabilities are 38% of assets; 50% or less.
Pt X · Ln 26
Independent board members
16
of 16 voting members
Looks good: 16 of 16 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$4.9M
+85% vs prior year
Spent
$5.8M
Net assets
$6.4M
By yearFY2020–FY2024
Revenue
$4.9M
FY2021▲ +85%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.7M
FY2021$4.9M
FY2022$9.0M
FY2023$10.5M
FY2024$30.8M
Expenses
$5.8M
FY2021▲ +11%
Tap a bar for its year
Expenses by fiscal year
FY2020$5.2M
FY2021$5.8M
FY2022$8.6M
FY2023$10.6M
FY2024$12.1M
Net assets
$6.4M
FY2021▼ -9%
Tap a bar for its year
Net assets by fiscal year
FY2020$7.0M
FY2021$6.4M
FY2022$5.3M
FY2023$5.9M
FY2024$25.3M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 1991.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Who runs it and what they're paid

22 people listed on the 990; $1.9M paid to officers and key staff.

Part VII, Section A · reportable compensation
Chief Executive Officer
$808,456Pt VII · Sec A
SVP Government Affairs
$335,399Pt VII · Sec A
VP of Operations
$194,258Pt VII · Sec A
VP of Marketing
$173,557Pt VII · Sec A
SR. Direct. State Advocacy
$144,944Pt VII · Sec A
Director of Communications
$130,905Pt VII · Sec A
Senior Dir Communications
$104,183Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Jodie L Kelley$915,780$1,047,176$922,929$808,456—
Jodie Kelley————$631,590
Scott Talbott$436,185$385,265$355,108$335,399$324,090
Alexis Byrne$255,469$224,114$216,112$194,258—
Seemin Qadiri$218,777$212,963$206,182$173,557—
Allison Furlong$206,200$192,974$140,889——
Brian Yates$158,152$165,357———
Jeffrey Patchen—$151,045$147,915——

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.

See Electronic Transactions Association executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Educates and advocates for leadership in transaction processing.

Questions for Electronic Transactions Association

Tap to ask. Electronic Transactions Association sees how many people are interested.

Your first name shows with your question. Electronic Transactions Association answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · in their own filed words · FY2021
01

Communications

ETA serves as a primary source for the media on payments trends and is viewed as a thought leader within the payments technology industry. ETA's print publication, Transaction Trends, is published and distributed four times a year.

Pt IX · col B
02

Meetings

Transact, ETA's annual meeting and tradeshow, brings together all parts of the payments ecosystem to meet, see what's new, and learn what it takes to grow. Through networking events and education sessions, attendees learn about groundbreaking technology, security trends and policies impacting the industry.

Pt IX · col B
03

Public Policy

Policy activities focused on important issues for ETA members at the Federal and State level. We employ advocacy and education efforts to assist policy makers in understanding the modern payments world.

Pt IX · col B

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$4.9M
Ln 12
Fees for servicesLn 2g$4.2M
Gifts and grantsLn 1h$392K
Investment incomeLn 3$316K
Money outPt IX
$5.8M
Ln 25
Owns and owesPt X
$6.4M
net assets · Ln 32
Cash and savingsLn 1–2$1.7M
Total assetsLn 16$10.3M
LiabilitiesLn 26$3.9M
PeoplePt VI, VII
22
listed · VII A
PaidVII A7
Voting boardVI 1a16
IndependentVI 1b16
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$392K
Government grantsLn 1e$392K
Fees for servicesLn 2g$4.2M
Investment incomeLn 3$316K
Gains on assetsLn 7$133K
Total revenueLn 12$4.9M
Assets in detailPt X, end of year
CashLn 1$1.4M
SavingsLn 2$285K
Cash and savings togetherLn 1–2$1.7M
InvestmentsLn 11–13$7.9M
Land, buildings, equipmentLn 10c$232K
Other assetsLn 15$159K
Total assetsLn 16$10.3M
LiabilitiesLn 26$3.9M
Net assetsLn 32$6.4M
OperationsPt I, VI
EmployeesI 516
VolunteersI 6300
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$491K$1.7M
InvestmentsLn 11–13$8.1M$7.9M
Land, buildings, equipmentLn 10c$293K$232K
Total assetsLn 16$9.3M$10.3M
LiabilitiesLn 26$2.2M$3.9M
Net assetsLn 32$7.0M$6.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$1.6M
Other salaries and wagesLn 7$1.1M
Pension plan contributionsLn 8$93K
Other employee benefitsLn 9$87K
Payroll taxesLn 10$171K
Legal feesLn 11b$88K
Accounting feesLn 11c$192K
Lobbying feesLn 11d$188K
Investment management feesLn 11f$19K
Other fees for servicesLn 11g$898K
Advertising and promotionLn 12$81K
Office expensesLn 13$108K
Information technologyLn 14$263K
OccupancyLn 16$255K
TravelLn 17$48K
Conferences, conventions and meetingsLn 19$487K
Depreciation, depletion and amortizationLn 22$58K
InsuranceLn 23$17K
Other expenses (24a–d)Ln 24$94K
Total functional expensesLn 25$5.8M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $30.8M$12.1M$18.8M$25.3M 990 PDF
FY2023 $10.5M$10.6M−$96K$5.9M 990 PDF
FY2022 $9.0M$8.6M$347K$5.3M 990 PDF
FY2021 Viewing $4.9M$5.8M−$902K$6.4M 990 PDF
FY2020 $2.7M$5.2M−$2.6M$7.0M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $4,909,988 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $0$392,110
I-9 Program service revenuePrior year $2,054,722$4,201,583
I-10 Investment incomePrior year $438,980$316,295
I-11 Other revenuePrior year $162,259$0
I-12 Total revenuePrior year $2,655,961$4,909,988
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $2,304,932$3,014,248
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $2,937,180$2,798,131
I-18 Total expensesPrior year $5,242,112$5,812,379
I-19 Revenue less expensesPrior year −$2,586,151−$902,391
Part VI · Governance 16 of 16 board members independent, no flags
VI-1a Voting members of the governing body16
VI-1b Independent voting members16
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $4,909,988 across 6 lines filed
VIII-1e Government grants$392,110
VIII-1h Total contributions, gifts and grants$392,110
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $4,114,951 · Unrelated business $86,632$4,201,583
VIII-3 Investment incomeExcluded from tax $183,710$183,710
VIII-7 Net gain or loss on sales of assetsExcluded from tax $132,585$132,585
VIII-12 Total revenueRelated to mission $4,114,951 · Unrelated business $86,632 · Excluded from tax $316,295$4,909,988
Part IX · Statement of functional expenses $5,812,379 across 19 lines filed
IX-5 Pay of current officers, directors and key staff$1,590,926
IX-7 Other salaries and wages$1,072,427
IX-8 Pension plan contributions$93,125
IX-9 Other employee benefits$87,238
IX-10 Payroll taxes$170,532
IX-11b Legal fees$88,409
IX-11c Accounting fees$192,322
IX-11d Lobbying fees$188,229
IX-11f Investment management fees$19,454
IX-11g Other fees for services$897,579
IX-12 Advertising and promotion$81,086
IX-13 Office expenses$107,841
IX-14 Information technology$263,380
IX-16 Occupancy$255,263
IX-17 Travel$48,494
IX-19 Conferences, conventions and meetings$487,109
IX-22 Depreciation, depletion and amortization$57,729
IX-23 Insurance$17,292
IX-24 Other expenses (24a–d)$93,944
IX-25 Total functional expenses$5,812,379
Part X · Balance sheet $10,336,129 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $487,322$1,406,691
X-2 Savings and temporary cash investmentsStart of year $3,585$284,722
X-4 Accounts receivableStart of year $188,335$134,818
X-9 Prepaid expenses and deferred chargesStart of year $122,545$253,010
X-10c Land, buildings and equipment, netStart of year $292,780$231,883
X-11 Publicly traded securitiesStart of year $8,078,379$7,866,096
X-15 Other assetsStart of year $84,127$158,909
X-16 Total assetsStart of year $9,257,073$10,336,129
X-17 Accounts payable and accrued expensesStart of year $714,630$1,110,936
X-19 Deferred revenueStart of year $1,006,516$2,273,929
X-25 Other liabilitiesStart of year $524,834$550,376
X-26 Total liabilitiesStart of year $2,245,980$3,935,241
X-27 Net assets without donor restrictionsStart of year $6,955,422$6,375,911
X-28 Net assets with donor restrictionsStart of year $55,671$24,977
X-32 Total net assets or fund balancesStart of year $7,011,093$6,400,888
X-33 Total liabilities and net assetsStart of year $9,257,073$10,336,129
Part XI · Reconciliation of net assets $6,400,888 net assets at year end
XI-1 Total revenue$4,909,988
XI-2 Total expenses$5,812,379
XI-3 Revenue less expenses−$902,391
XI-4 Net assets at start of year$7,011,093
XI-5 Net unrealized gains (losses) on investments$298,686
XI-8 Prior period adjustments−$6,500
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$6,400,888

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.