Card Coalition FY2024 filing

Alexandria, VAUnknown exempt organizationSince 2000EIN 52-1774272

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Educate state legislators on the payment Card industry

$260K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

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FY2024 · Form 990Independent: from IRS data, not the org
Download 990
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 6
filings with a surplus
Average deficit $32K a year · 11% of revenue · last 6 filings
Concern: a surplus in 2 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
0%
of spending
Concern: 0% of spending went to programs; under 50%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$260K
to officers and key staff · 79% of spending
Concern: pay to officers and key staff is 79% of spending; over 30%.
Pt VII · Sec A
Cash reserves
13 mo
of spending, in cash
Looks good: 13.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
Pt X · Ln 26
Independent board members
18
of 18 voting members
Looks good: 18 of 18 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$284K
+18% vs prior year
Spent
$328K
To programs
0%
Net assets
$366K
By yearFY2020–FY2025
Revenue
$284K
FY2024▲ +18%
Revenue by fiscal year
FY2020$259K
FY2021$318K
FY2022$370K
FY2023$240K
FY2024$284K
FY2025$313K
Expenses
$328K
FY2024▼ -9%
Expenses by fiscal year
FY2020$286K
FY2021$305K
FY2022$286K
FY2023$360K
FY2024$328K
FY2025$410K
Net assets
$366K
FY2024▼ -11%
Net assets by fiscal year
FY2020$432K
FY2021$446K
FY2022$530K
FY2023$410K
FY2024$366K
FY2025$269K

From the FY2024 Form 990 · see the original

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You’re viewing the FY2024 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025.

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

Who runs it and what they're paid

19 people listed on the 990; $260K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$130,000Pt VII · Sec A
General Counsel
$130,000Pt VII · Sec A
Director
$0Pt VII · Sec A
Immediate Past Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2021FY2020
Toni Bellisimo$135,000$130,000$130,000$130,000$118,315
Frank Salinger$135,000$130,000$130,000$120,000$118,315

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 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Educates state legislators about the payment card industry.

Provided by the organization

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3 program services, described in the organization's own filed words · FY2024.
01

Attended and participated in regional and national meetings of public policy groups to add information and expert input to discussions of state legislation on card industry issues.

Pt IX · col B
02

Scheduled, sponsored, and conducted more than 40 conference calls to discuss state legislative issues related to state legislative interests of card industry.

Pt IX · col B
03

The directors hold quarterly, in person board meetings, to discuss pending legislation and regulations; coordinate responses thereof and manage the coalition.

Pt IX · col B

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By the numbers

The FY2024 990, line by line.

1The main four
Money inPt VIII
$284K
Ln 12
Fees for servicesLn 2g$280K
Investment incomeLn 3$4K
Money outPt IX
$328K
Ln 25
Owns and owesPt X
$366K
net assets · Ln 32
Cash and savingsLn 1–2$366K
Total assetsLn 16$366K
LiabilitiesLn 26$0
PeoplePt VI, VII
19
listed · VII A
PaidVII A2
Voting boardVI 1a18
IndependentVI 1b18
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$280K
Investment incomeLn 3$4K
Total revenueLn 12$284K
Assets in detailPt X, end of year
CashLn 1$212K
SavingsLn 2$154K
Cash and savings togetherLn 1–2$366K
Total assetsLn 16$366K
LiabilitiesLn 26$0
Net assetsLn 32$366K
OperationsPt I, VI
EmployeesI 50
VolunteersI 60
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 FY24End FY24
Cash and savingsLn 1–2$410K$366K
Total assetsLn 16$410K$366K
LiabilitiesLn 26$0$0
Net assetsLn 32$410K$366K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$260K$0$0$0
Accounting feesLn 11c$1K$0$0$0
Information technologyLn 14$2K$0$0$0
Conferences, conventions and meetingsLn 19$17K$0$0$0
InsuranceLn 23$3K$0$0$0
Other expenses (24a–d)Ln 24$44K$0$0$0
Total functional expensesLn 25$328K$0$0$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $313K$410K−$97K$269K 990 PDF
FY2024 Viewing $284K$328K−$44K$366K 990 PDF
FY2023 $240K$360K−$120K$410K 990 PDF
FY2022 $370K$286K$84K$530K 990 PDF
FY2021 $318K$305K$13K$446K 990 PDF
FY2020 $259K$286K−$27K$432K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $283,730 across 3 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$280,000
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $3,730$3,730
VIII-12 Total revenueRelated to mission $280,000 · Unrelated business $0 · Excluded from tax $3,730$283,730
Part IX · Statement of functional expenses $327,758 across 6 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $0 · Management $0 · Fundraising $0$260,000
IX-11c Accounting feesPrograms $0 · Management $0 · Fundraising $0$1,350
IX-14 Information technologyPrograms $0 · Management $0 · Fundraising $0$2,162
IX-19 Conferences, conventions and meetingsPrograms $0 · Management $0 · Fundraising $0$17,219
IX-23 InsurancePrograms $0 · Management $0 · Fundraising $0$2,544
IX-24 Other expenses (24a–d)Programs $0 · Management $0 · Fundraising $0$44,483
IX-25 Total functional expensesPrograms $0 · Management $0 · Fundraising $0$327,758
Part X · Balance sheet $366,076 assets, 7 lines filed
X-1 Cash, non-interest-bearingStart of year $260,035$212,299
X-2 Savings and temporary cash investmentsStart of year $150,069$153,777
X-16 Total assetsStart of year $410,104$366,076
X-26 Total liabilitiesStart of year $0$0
X-27 Net assets without donor restrictionsStart of year $410,104$366,076
X-32 Total net assets or fund balancesStart of year $410,104$366,076
X-33 Total liabilities and net assetsStart of year $410,104$366,076
Part XI · Reconciliation of net assets $366,076 net assets at year end
XI-1 Total revenue$283,730
XI-2 Total expenses$327,758
XI-3 Revenue less expenses−$44,028
XI-4 Net assets at start of year$410,104
XI-10 Net assets at end of year$366,076

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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