Austin Association For Financial Professionals Inc
- Assets
- $303.8k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Austin, TX
- Founding
- 02/2003
- Data as of
- 12/2023
- EIN
- 74-3017428
Organization Overview
Austin Association For Financial Professionals Inc is located in Austin, TX. The organization was established in 2003. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Austin Association For Financial Professionals Inc is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2023, Austin Association For Financial Professionals Inc generated $38.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (19.1%) each year. All expenses for the organization totaled $58.2k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (10.7%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
AAFP IS A NON-PROFIT ORGANIZATION CREATED FOR THE PURPOSE OF PROVIDING AND MAINTAINING A FORUM FOR DESIGNATED REPRESENTATIVES OF ENTITIES, ORGANIZATIONS, OR INDIVIDUALS FOR THE ACTIVE AND OPEN EXCHANGE OF IDEAS, CONCEPTS, AND TECHNIQUES RELATED TO THE RAPIDLY CHANGING FIELD OF CASH AND TREASURY MANAGEMENT.
Describe the Organization's Program Activity:
Part 3
MONTHLY MEETINGS WITH SPEAKERS PROVIDING CONTINUING EDUCATION FOR FINANCIAL PROFESSIONALS. (31 AVERAGE ATTENDEES PER MONTH)
HOSTED A ONE DAY CONFERENCE IN THE FALL FOR THE PURPOSE OF EDUCATING ATTENDEES ON CURRENT ISSUES IN THE TREASURY AND FINANCE INDUSTRIES. THIS CONFERENCE HOSTED 37 ATTENDEES IN 2022.
HOSTED THE ANNUAL STATEWIDE CONFERENCE WITH NUMEROUS WORKSHOPS PROVIDING CONTINUING EDUCATION ON A WIDE RANGE OF TOPICS FOR FINANCIAL PROFESSIONALS. THIS CONFERENCE IS HELD EVERY FIVE YEARS IN AUSTIN, TEXAS. THE TEXPO CONFERENCE WAS HELD IN 2022 AND HAD 599 ATTENDEES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Harrison President | 2 | $0 | |
Rebecca Johnston VP Of Communic. | 0.5 | $0 | |
Anita Trapp VP Of Membershp | 0.25 | $0 | |
Javier Garcia Sec./treasurer | 2 | $0 | |
Margie Petru Atta Rep | 0.5 | $0 | |
Cassandra Wiggins Atta Rep. | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $700 |
| Membership dues | $30,580 |
| Investment income | $6,855 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $38,135 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $11,923 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $166 |
| Other expenses | $46,097 |
| Total expenses | $58,186 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $302,939 |
| Other assets | $0 |
| Total assets | $303,807 |
| Total liabilities | $0 |
| Net assets or fund balances | $303,807 |