Code Management Association Ta Eccma FY2023 filing

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$388K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Pay: Part VII

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FY2023 · 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
1 of 5
filings with a surplus
Average deficit $111K a year · 11% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Pay to officers and key staff
$388K
to officers and key staff · 36% of spending
Concern: pay to officers and key staff is 36% of spending; over 30%.
Pt VII · Sec A
2 mo
of spending, in cash
Fine: 1.7 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$208K
38% of total assets
Looks good: liabilities are 38% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 6 voting members
Fine: 3 of 6 voting members are independent, half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$976K
+15% vs prior year
Spent
$1.1M
Net assets
$344K
By yearFY2020–FY2024
Revenue
$976K
FY2023▲ +15%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.6M
FY2021$997K
FY2022$850K
FY2023$976K
FY2024$736K
Expenses
$1.1M
FY2023▲ +7%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.4M
FY2021$1.3M
FY2022$996K
FY2023$1.1M
FY2024$972K
Net assets
$344K
FY2023▼ -21%
Tap a bar for its year
Net assets by fiscal year
FY2020$854K
FY2021$584K
FY2022$438K
FY2023$344K
FY2024$108K

From the FY2023 Form 990 · see the original

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You’re viewing the FY2023 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 Oct 2000.

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

Who runs it and what they're paid

6 people listed on the 990; $388K paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$234,250Pt VII · Sec A
Corporate Secretary/Admin Director
$84,311Pt VII · Sec A
Technical Director
$69,896Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

Peter Benson’s $203K as Executive Director is at the 96th percentile of top reported officer pay among 1709 $100K–1M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 3 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Peter Benson$203,250$234,250$234,000$311,500$204,924
Hayley Thompson$82,645$84,311$82,829$82,811$70,797
Sheron Koshy$71,646$69,896$61,554$68,311$65,383

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 Code Management Association Ta Eccma executive salaries →

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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 15aYes
  • Loans to or from officersSch L · Pt II1 listed

Programs and updates

Develops, maintains, and distributes electronic commerce codes online.

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1 program · in their own filed words · FY2023
01

Development, maintenance, and distribution of electronic commerce codes over the internet

Pt IX · col B

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$976K
Ln 12
Fees for servicesLn 2g$973K
Investment incomeLn 3$3K
Other incomeLn 4–11$5
Money outPt IX
$1.1M
Ln 25
Owns and owesPt X
$344K
net assets · Ln 32
Cash and savingsLn 1–2$154K
Total assetsLn 16$553K
LiabilitiesLn 26$208K
PeoplePt VI, VII
6
listed · VII A
PaidVII A3
Voting boardVI 1a6
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$973K
Investment incomeLn 3$3K
Other incomeLn 4–11$5
Gains on assetsLn 7$470
Total revenueLn 12$976K
Assets in detailPt X, end of year
CashLn 1$154K
Cash and savings togetherLn 1–2$154K
InvestmentsLn 11–13$203K
Total assetsLn 16$553K
LiabilitiesLn 26$208K
Net assetsLn 32$344K
OperationsPt I, VI
EmployeesI 56
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$267K$154K
InvestmentsLn 11–13$201K$203K
Total assetsLn 16$683K$553K
LiabilitiesLn 26$245K$208K
Net assetsLn 32$438K$344K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$319K
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$167K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$34K
Payroll taxesLn 10$65K
Management feesLn 11a$0
Legal feesLn 11b$581
Accounting feesLn 11c$13K
Lobbying feesLn 11d$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$309K
Advertising and promotionLn 12$595
Office expensesLn 13$26K
Information technologyLn 14$20K
RoyaltiesLn 15$0
OccupancyLn 16$30K
TravelLn 17$35K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$4K
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$4K
Other expenses (24a–d)Ln 24$44K
All other expensesLn 24e$0
Total functional expensesLn 25$1.1M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $736K$972K−$236K$108K 990 PDF
FY2023 Viewing $976K$1.1M−$94K$344K 990 PDF
FY2022 $850K$996K−$146K$438K 990 PDF
FY2021 $997K$1.3M−$287K$584K 990 PDF
FY2020 $1.6M$1.4M$207K$854K 990 PDF

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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 FY2023 990 (6 parts)
Part I · Summary $976,014 revenue, 12 lines filed
I-8 Contributions and grants$0
I-9 Program service revenuePrior year $806,185$973,459
I-10 Investment incomePrior year $2,460$2,550
I-11 Other revenuePrior year $41,300$5
I-12 Total revenuePrior year $849,945$976,014
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $563,583$584,312
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $432,218$485,556
I-18 Total expensesPrior year $995,801$1,069,868
I-19 Revenue less expensesPrior year −$145,856−$93,854
Part VI · Governance 3 of 6 board members independent, 2 to look at
VI-1a Voting members of the governing body6
VI-1b Independent voting members3
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $976,014 across 5 lines filed
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)$973,459
VIII-3 Investment income$2,080
VIII-7 Net gain or loss on sales of assets$470
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)$5
VIII-12 Total revenue$976,014
Part IX · Statement of functional expenses $1,069,868 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$318,561
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wages$166,604
IX-8 Pension plan contributions$0
IX-9 Other employee benefits$34,185
IX-10 Payroll taxes$64,962
IX-11a Management fees$0
IX-11b Legal fees$581
IX-11c Accounting fees$12,578
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$309,095
IX-12 Advertising and promotion$595
IX-13 Office expenses$25,510
IX-14 Information technology$19,816
IX-15 Royalties$0
IX-16 Occupancy$29,949
IX-17 Travel$34,530
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetings$4,200
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$4,260
IX-24 Other expenses (24a–d)$44,442
IX-24e All other expenses$0
IX-25 Total functional expenses$1,069,868
Part X · Balance sheet $552,585 assets, 10 lines filed
Asset lines not itemized here account for $2,619; see the IRS return.
X-1 Cash, non-interest-bearingStart of year $266,947$153,597
X-4 Accounts receivableStart of year $190,064$172,916
X-9 Prepaid expenses and deferred chargesStart of year $19,817$20,218
X-11 Publicly traded securitiesStart of year $200,684$203,235
X-16 Total assetsStart of year $682,512$552,585
X-17 Accounts payable and accrued expensesStart of year $44,523$8,450
X-26 Total liabilitiesStart of year $244,523$208,450
X-27 Net assets without donor restrictionsStart of year $437,989$344,135
X-32 Total net assets or fund balancesStart of year $437,989$344,135
X-33 Total liabilities and net assetsStart of year $682,512$552,585
Part XI · Reconciliation of net assets $344,135 net assets at year end
XI-1 Total revenue$976,014
XI-2 Total expenses$1,069,868
XI-3 Revenue less expenses−$93,854
XI-4 Net assets at start of year$437,989
XI-10 Net assets at end of year$344,135

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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