2024-06-25T11:01:13-04:00 2023-12-31 474306215 Mullins PC 7625 Wisconsin Avenue Bethesda MD 20814 990 2023-01-01 822553525 Americans for Financial Reform Education Fund AMER 1615 L Street NW STE 450 Washington DC 20036 Virginia Robnett Chief Operating 2024661885 2024-06-20 true Virginia Robnett XXX-XX-XXXX true John Mullins P01429307 2027706371 2024-06-25 2 00 AAL2 IAL1 2023 2023-04-26 12:10:37Z Lisa Donner 5574904 false X www.realbankreform.org X 2018 DC To create a fair and just financial system that contributes to shared prosperity for all families and communities. 9 8 55 8 0 0 3296111 5393934 0 68103 105763 62879 75207 3427093 5574904 453500 517000 0 3032203 3441340 0 184409 933290 1031937 4418993 4990277 -991900 584627 7519746 7919764 1181196 914146 6338550 7005618 To create a fair and just financial system that contributes to shared prosperity for all families and communities. false false 4292837 517000 Public Education and Communications: Our public education and communications materials and activities provide information and analysis on a broad range of finance and financial markets related matters, from the impact of high-cost lending, to investor protections, to capital markets and derivatives regulation and more. Our audiences include our institutional allies ( national, state and local groups ), the general public, opinion leaders, policymakers, and various forms of media. We work to build public will for substantial reform toward a just and accountable financial system. Our work has resulted in thousands of mentions in the press and social media. . Building and Maintaining a Broad Coalition: We bring together a nonpartisan nonprofit coalition of more than 200 civil rights, consumer, labor, investor, small business, and civic and community-based organizations. We build connections among disparate groups; put together and nurture an infrastructure to develop and share information, experiences, insights, tools, tactics, and strategies; and provide materials, research, and other tools so that together we can develop and advance economic and racial justice priorities to reform the financial system. Policy Analysis and Development: We analyse policy proposals in the financial space, including regulatory proposals from the CFPB, Federal Reserve, FDIC, SEC, CFTC and more, as well as legislative proposals ; write regulatory comment letters arguing for consumer and investor protection, financial stability, big bank accountability, increased transparency, an end to racial discrimination, etc; testify as experts before Congress; convene public policy conversations; research and write memoranda and reports. And we work with our allies to develop and propose policy solutions to stop financial sector abuses of economically vulnerable families and communities, and reverse growing inequality that results from unchecked financialization and speculation. 4292837 true true false false false false false false false false true false false false true true true false false false true false false false false false false true false true false false false false false false false false false false false false false false false false false false true 58 0 true 55 true false false false false false false false false false false false false X 9 8 false false false false false false false true true false false true true true true true true true false false X The Organization 2024661885 1615 L Street NW Washington DC 20036 Lisa Donner Executive Director 27.37 0.00 X X 163890 0 16843 Virginia Robnett Chief Operating Officer 27.37 0.00 X 145890 0 21789 Ericka Taylor Popular Education Mgr Take o 40.00 0.00 X 133413 0 13776 Marian McConnell Campaign Director 40.00 0.00 X 124020 0 15574 Aditi Sen Research Director 40.00 0.00 X 132840 0 6424 Carter Dougherty Communications Director 40.00 0.00 X 125550 0 8161 Renita Marcellin Advocacy & Legislative Direct 40.00 0.00 X 122090 0 10501 Kimberly Longey Director 1.25 0.00 X 0 0 0 Renata Pumarol Director 1.25 0.00 X 0 0 0 Saqib Bhatti Director 1.25 0.00 X 0 0 0 Darrick Hamilton Director 1.25 0.00 X 0 0 0 Patricia McCoy Director 1.25 0.00 X 0 0 0 Steven Renderos Director 1.25 0.00 X 0 0 0 Rebecca Dixon Director 1.25 0.00 X 0 0 0 Anna Lefer Kuhn Treasurer 1.25 0.00 X X 0 0 0 947693 0 93068 7 false true false 5393934 5393934 105763 105763 Other 900099 75207 75207 75207 5574904 75207 0 105763 X 517000 517000 309780 260526 35032 14222 2471712 2078719 279516 113477 599907 504524 67841 27542 59941 50411 6778 2752 359 281 68 10 68706 68706 299531 287646 1280 10605 225663 224025 1165 473 30702 25745 3674 1283 60239 52050 5833 2356 192039 161506 21717 8816 31066 30077 703 286 11546 11383 116 47 4950 4163 560 227 18137 14965 2354 818 Staff Development 88999 69816 17688 1495 4990277 4292837 513031 184409 3407169 2298978 362678 1103265 55783 824821 46958 91979 123313 123313 4950 3300331 3488536 341877 112185 7519746 7919764 479108 436292 344500 342000 357588 135854 1181196 914146 X 3464047 3652739 2874503 3352879 6338550 7005618 7519746 7919764 584627 82441 0 X false true X true false X 1801726 2284905 3981782 3296111 5393931 16758455 1801726 2284905 3981782 3296111 5393931 16758455 7301515 9456940 17112 4710 535 68103 105763 196223 62879 75207 138086 17092764 0.55330 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 79032 79032 44281 44281 Right of Use ROU Asset 112185 112185 Lease Liability 135854 135854 X 5657342 82441 82441 5574901 3 3 5574904 4990277 4990277 4990277 Other revenues included on Form 990 (Part XI, line 4b) $3 Adjustment to tie net assets Footnote for uncertain tax position under FIN 48 (Part X) The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, AFREF may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of AFREF and various positions related to the potential sources of unrelated business taxable income (UBIT). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for at year end. AFREFs policy is to recognize interest and penalties, if any, on tax positions related to its unrecognized tax benefits in income tax expense in the financial statements. No interest and penalties were assessed or recorded during the year. true East Asia and the Pacific Grant making Grant making false false false false false false true GA Watch 55 Marietta St NW 903 Atlanta GA 30303 161639971 501c3 20000 Americans for Financial Reform 1615 L Street NW Washington Washington DC 20036 822543434 501c4 200000 Voice Education Fund Inc PO Box 881 Oklahoma City OK 73103 262941339 501c3 20000 Texas Appleseed 1609 Shoal Creek Austin TX 78701 742804268 501c3 40000 Virginia Organizing Inc 703 Concord Avenue Charlottesville VA 22903 541674992 501c3 40000 Woodstock Institute 67 East Madison Street Chicago IL 60603 362907408 501c3 25000 Maine Peoples Alliance 565 Congress St 200 Portland ME 04101 010383493 501c4 20000 Florida Consumer Action Network 740 4th St N 236 Saint Petersburg FL 33701 592475292 501c3 7000 New Economy Project 121 W 27th Street 804 New York NY 10001 133842270 501c3 25000 AKPIRG PO Box 201416 Anchorage AK 99520 920047627 501c3 50000 Center for LGBTQ Economic Adv 2261 Market St 1500 San Francisco CA 94114 501c4 20000 New Jersey Citizen Action Education 75 Raritan Ave 200 Highland Park NJ 08904 222493628 501c3 20000 Indiana Community Action Assoc 1845 W 18th St Indianapolis IN 46202 351267319 501c3 17500 Prosperity Indiana 1845 W 18th St Indianapolis IN 46202 351695379 501c3 12500 11 3 X X X X false false false false false false false false false Lisa Donner Executive Director 163890 10812 6031 180733 Virginia Robnett Chief Operating Officer 145890 9919 11870 167679 Form 990 governing body review Part VI line 11 Once the form 990 is prepared, it is reviewed by senior staff. The board of directors reviews the form 990 prior to filing. Conflict of interest policy compliance Part VI line 12c Board members are required to answer an annual conflict of interest questionnaire and to report any potential conflicts of interest as they arise. Staff sign a conflict of interest agreement upon hire and are required to report potential conflicts of interest as they arise. CEO executive director top management comp Part VI line 15a The Executive Directors salary is approved by an independent committee that uses industry data and the decision is documented through the budgeting process. Governing documents etc available to public Part VI line 19 These documents are available upon request. Part IX response or note to any line in Part IX Americans for Financial Reform (AFR)(EIN: 82-2543434) shares employees with Americans for Financial Reform Education Fund (AFREF) pursuant to a cost sharing agreement. All federal employment tax returns are filed by AFREF on behalf of both organizations. AFR pays its portion of payroll services, of certain employees for services provided to AFR, through regular reimbursements. Compensation reimbursed by AFR (as reported in Part IX) is not additive to the compensation reported by AFREF. AFREF and AFR are not related organizations as that term is defined in the Form 990 glossary.