2022-05-16T12:32:26-05:00 2021-12-31 954083485 TURNER WARREN HWANG & CONRAD ACCTCY 100 NORTH FIRST ST STE 202 BURBANK CA 91502 990 2021-01-01 237240059 WESTERN PAYMENTS ALLIANCE WEST 4154331230 601 MONTGOMERY STREET 710 SAN FRANCISCO CA 94111 WILLIAM J SCHOCH PRESIDENT/CEO 4154331230 2022-05-16 1 WILLIAM SCHOCH 999009999 VALENTINO CREUS CPA P01054153 8189549700 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z WILLIAM J SCHOCH 601 MONTGOMERY STREET 710 SAN FRANCISCO CA 94111 4947832 0 X WWW.WESPAY.ORG X 1972 CA BUILDING AND SHARING KNOWLEDGE TO GUIDE MEMBERS THROUGHOUT THEIR PAYMENTS JOURNEY FROM CONCEPT TO OPERATION. 17 17 24 63 0 0 0 0 4723415 4889579 26501 57207 257 1046 4750173 4947832 0 0 55242 64611 3138426 3326231 0 0 0 1066743 1097450 4260411 4488292 489762 459540 4675587 5332465 1837468 2034806 2838119 3297659 AS AN INNOVATIVE PAYMENTS ASSOCIATION, WESPAY IS DEDICATED TO GUIDING AND EMPOWERING PROFESSIONALS IN THE FINANCIAL SERVICES AND PAYMENTS INDUSTRIES WITH EDUCATION, INFORMATION, ADVISORY AND ADVOCACY SERVICES. 0 0 MEMBER EDUCATION - WESTERN PAYMENTS ALLIANCE OFFERS TRAINING IN 3 CHANNELS: FACE-TO-FACE WORKSHOPS, WEBINARS AND WEBCASTS. THE ORGANIZATION OFFERS IN-PERSON WORKSHOPS IN EVERY STATE THROUGHOUT ITS SERVICE TERRITORY. WESTERN PAYMENTS ALLIANCE OFFERS AN AVERAGE OF 8 - 10 WEBINAR TOPICS EACH MONTH AND NOW HAVE 80 TOPICS IN OUR ONLINE LIBRARY. WESPAY ALSO OFFERS IN-HOUSE MEMBER TRAINING AND MEMBER-SPONSORED CORPORATE TRAINING. ADVISORY SERVICES INCLUDE RULE AND COMPLIANCE ADVICE FOR VARIOUS PAYMENT CHANNELS THAT INCLUDE ACH, CHECK, WIRE, MOBILE, REMOTE DEPOSIT CAPTURE, CARD AND REAL TIME PAYMENTS. INFORMATION SERVICES INCLUDE PAYMENTS HOTLINE, WEBSITE AND MONTHLY MEMBER COMMUNICATIONS. PAYMENTS HOTLINE IS STAFFED BY 10 INDUSTRY-CERTIFIED EMPLOYEES. THE ORGANIZATION'S WEBSITE IS A CRITICAL INTERFACE WITH ITS MEMBERS FOR MEMBER COMMUNICATIONS. THE ORGANIZATION HAS A MONTHLY DIGEST OF PAYMENT EVENTS AND WEEKLY RULES REMINDERS. IN ADDITION, IT HOSTS FREE QUARTERLY MEMBERSHIP UPDATES. A VIRTUAL MEMBER COMMUNITY, CONNECT, WAS ESTABLISHED TO ENABLE MEMBERS' INTERACTION TO POST INFORMATION, QUESTIONS AND UPDATES FOR OTHER MEMBERS TO READ AND PROVIDE RESPONSES. 0 0 0 1 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 1 6 0 1 24 1 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 1 1 1 CA X X DENNIS DUONG AVP ACCOUNTING 4153731207 601 MONTGOMERY STREET 710 SAN FRANCISCO CA 94111 DEBRA WENDT AAP CHAIR 1.50 X 0 0 0 STEPHEN MAX VICE CHAIR 1.50 X 0 0 0 JENNIFER DENOO SECRETARY 1.50 X 0 0 0 SHAUN HEGSTED TREASURER 1.50 X 0 0 0 JIM MORRELL IMMEDIATE PAST CHAIR 1.50 X 0 0 0 EDMUND ESCH DIRECTOR 1.50 X 0 0 0 JAMES P FLEISHER MP NCP DIRECTOR 1.50 X 0 0 0 AMY FOULKS DIRECTOR 1.50 X 0 0 0 BRAD GANEY DIRECTOR 1.50 X 0 0 0 TOM GENESSY DIRECTOR 1.50 X 0 0 0 DAVE HARVEY DIRECTOR 1.50 X 0 0 0 JOE HUSSEY DIRECTOR 1.50 X 0 0 0 JOSE LARA DIRECTOR 1.50 X 0 0 0 AJ MCCRAY DIRECTOR 1.50 X 0 0 0 JESSICA THOMPSON DIRECTOR 1.50 X 0 0 0 STEVEN WILDEMUTH DIRECTOR 1.50 X 0 0 0 MICHELLE ZIOLKOWSKI DIRECTOR 1.50 X 0 0 0 WILLIAM SCHOCH PRESIDENT & CEO 38.50 1.50 X X 510000 0 40817 CHRISTIAN SELMI MP SVP, RISK AND COMPLIANCE 39.50 0.50 X 230550 0 12387 KIM BICKFORD SVP, INDUSTRY RELATIONS 40.00 X 178000 0 43170 MELISSA GIDDEN SVP, PAYMENTS STRATEGY 40.00 X 186000 0 27106 KARROLL SEARCY SVP, MARKETING AND MEMBER 40.00 X 179500 0 32964 JOHN CURTIS SVP, EDUCATION AND TRAININ 39.50 0.50 X 189100 0 20068 1473150 0 176512 13 0 1 0 TRINET ONE PARK PLACE SUITE 600 DUBLIN CA 94568 PEO, BACKOFFICE HR SERVICES 3533132 NIMBLEUSERAR 1100 PITTSFORD VICTOR ROAD PITTSFORD NY 14534 INFORMATION TECHNOLOGY 259472 PROFESSIONAL DEVELOPMENT GROUP II INC 116 S MADISON ST STE A BLOOMINGTON IN 47402 CONFERENCE MGMT SERVICES 131794 CHARLES BERKSTRESSER 340 S LEMON AVE 8027 WALNUT CA 91789 MARKETING SERVICES 119064 4 DUES & ASSESSMENTS 611710 3354353 3354353 SEMINARS & PUBLICATION 611710 1535226 1535226 4889579 57157 57157 50 0 50 50 50 OTHER INCOME & REBATES 611710 1046 1046 1046 4947832 4890675 0 57157 64611 1473150 1153629 157908 367725 173819 173623 117468 331309 79891 13550 77409 42503 PRINTING AND PUBLICATIO 170235 NACHA ASSESSMENT 79249 SEMINARS AND WORKSHOPS 9818 LOSS ON DISPOSAL OF FIX 2350 45 4488292 1498490 1244854 1504867 2019434 248995 228630 332764 306019 582781 115975 237373 466806 343794 532985 1572 509304 532165 4675587 5332465 824637 892668 761046 867492 251785 274646 1837468 2034806 X 0 0 0 0 2838119 3297659 2838119 3297659 4675587 5332465 459540 0 X X 0 1 X 1 0 0 1 0 71664 41910 29754 511117 74065 437052 466806 INVESTMENTS IN WESPAY ADVISORS 249900 DEFERRED COMPENSATION TRUST 274646 PREPAID SECURITY DEPOSITS 7619 532165 NONQUALIFIED DEFERRED COMPENSATION PAYABLE 274646 274646 X PART X, LINE 2: FASB ASC 740, INCOME TAXES, TO ACCOUNT FOR UNCERTAIN TAX POSITIONS. MANAGEMENT HAS CONCLUDED THAT THE COMPANY HAS TAKEN NO UNCERTAIN TAX POSITIONS THAT WOULD REQUIRE ADJUSTMENT TO THE CONSOLIDATED STATEMENTS OF FINANCIAL POSITION TO COMPLY WITH PROVISIONS OF THIS GUIDANCE. PART X, LINE 2: THE INTERNAL REVENUE SERVICE (IRS) HAS DETERMINED THAT WESPAY IS EXEMPT FROM INCOME TAX UNDER THE PROVISIONS OF SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. HOWEVER, INCOME FROM ACTIVITIES NOT RELATED TO WESPAY'S TAX-EXEMPT PURPOSE MAY BE SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. X X X X X 0 0 0 WILLIAM SCHOCH PRESIDENT & CEO 375000 0 135000 0 0 0 13875 0 26942 0 550817 0 0 0 CHRISTIAN SELMI MP SVP, RISK AND COMPLIANCE 196550 0 34000 0 0 0 11325 0 1062 0 242937 0 0 0 KIM BICKFORD SVP, INDUSTRY RELATIONS 160000 0 18000 0 0 0 8900 0 34270 0 221170 0 0 0 MELISSA GIDDEN SVP, PAYMENTS STRATEGY 154000 0 32000 0 0 0 2400 0 24706 0 213106 0 0 0 KARROLL SEARCY SVP, MARKETING AND MEMBER 161500 0 18000 0 0 0 7200 0 25764 0 212464 0 0 0 JOHN CURTIS SVP, EDUCATION AND TRAININ 162500 0 26600 0 0 0 8689 0 11379 0 209168 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION'S MEMBERSHIP INCLUDES DEPOSITORY FINANCIAL INSTITUTIONS (BANK, SAVINGS AND LOAN, LOAN ASSOCIATIONS AND CREDIT UNIONS), INDIVIDUALS OR ORGANIZATIONS THAT ARE STAKEHOLDERS IN PAYMENT SYSTEMS AND PROCESSES, ADVISORS TO THE ORGANIZATION AND PAYMENT COOPERATIVES. FORM 990, PART VI, SECTION A, LINE 7A "RESERVED DIRECTORS" ARE SELECTED BY REGULAR MEMBERS MEETING CERTAIN CRITERIA. ALSO, EACH REGULAR MEMBER NOT REPRESENTED BY A "RESERVED DIRECTOR" IS ENTITLED TO NOMINATE CANDIDATES TO SERVE AS AT-LARGE DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PREPARED BY AN INDEPENDENT CPA FIRM IN CONJUNCTION WITH THE ASSOCIATION'S ACCOUNTING MANAGER. A DRAFT OF FORM 990 IS REVIEWED BY THE ACCOUNTING MANAGER, AND ANY CORRECTIONS OR MODICATIONS ARE MADE BY THE OUTSIDE CPA. THE REVISED DRAFT IS THEN REVIEWED BY THE ACCOUNTING MANAGER AND THE PRESIDENT/CEO. ANY CONCERNS RAISED BY THE PRESIDENT/CEO ARE RAISED WITH THE CPA FIRM AND A CONSENSUS IS ACHIEVED. THE FULL BOARD OF DIRECTORS REVIEW THE FINAL AUDITED FINANCIAL STATEMENTS AND APPROVES THE ASSOCIATION'S FINANCIALS AND THE FILING OF FEDERAL AND STATE TAX RETURNS. UPON COMPLETION OF FEDERAL AND STATE TAX RETURNS BY THE INDEPENDENT CPA FIRM, THE BOARD IS NOTIFIED OF THE COMPLETION AND ARE GIVEN THE OPPORTUNITY TO REVIEW THE RETURNS PRIOR TO FILING. ANY ISSUES THAT ARISE ARE RESOLVED UPON IDENTIFICATION. THE RETURN IS THEN FINALIZED AND ELECTRONICALLY FILED WITH THE TAXING AUTHORITIES. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY AND DISCLOSURE FORM IS DISTRIBUTED TO DIRECTORS, ADVISORS AND STAFF EACH SEPTEMBER. EACH INDIVIDUAL IS REQUIRED TO COMPLETE THE DISCLOSURE FORM AND RETURN IT TO THE CEO. THE CEO REVIEWS EACH COMPLETED FORM FOR POSSIBLE CONFLICTS OF INTEREST. THERE HAVE BEEN NO SIGNIFICANT CONFLICTS REQUIRING ACTIONS. ALL FORMS ARE MAINTAINED FOR 7 YEARS FOLLOWING THE COMPLETION DATE. FORM 990, PART VI, SECTION B, LINE 15 THE FINAL AND ANNUAL DETERMINATION OF THE CEO'S COMPENSATION IS THE RESPONSIBILITY OF THE PERSONNEL COMMITTEE (A BOARD-LEVEL COMMITTEE). THE PERSONNEL COMMITTEE USES INPUT FROM A COMPENSATION SURVEY COMPLETED BY AN INDEPENDENT FIRM AND UPDATED PERIODICALLY. THE PERSONNEL COMMITTEE ALSO REVIEWS THE COMPENSATION OF SEVEN CEO'S FROM COMPARABLE 501(C)(6) ASSOCIATIONS THAT ARE IDENTIFIED IN THE FEDERAL TAX FILINGS, FORM 990. FOLLOWING THE MEETING OF THE PERSONNEL COMMITTEE, THE COMPENSATION RELATED DECISIONS ARE DOCUMENTED BY THE COMMITTEE CHAIR AND SHARED VIA EMAIL WITH THE ACCOUNTING MANAGER TO UPDATE THE PAYROLL SYSTEM. COMPENSATION OF OTHER KEY EMPLOYEES IS DETERMINED BY THE CEO GUIDELINES. STAFF COMPENSATION IS BASED ON AN INDEPENDENT COMPENSATION ANALYSIS THAT WAS COMPLETED BY AN INDEPENDENT FIRM FOR EVERY POSITION WITHIN THE COMPANY. THE INDEPENDENT FIRM GATHERED AND ANALYZED DATA FROM RECENTLY PUBLISHED COMPENSATION SURVEYS FOR COMPARABLE ORGANIZATIONS. THE BENCHMARKING ANALYSIS WAS BASED ON PUBLISHED SURVEYS THAT REPORT DETAILED COMPENSATION DATA ON VARIOUS LABOR MARKETS WITH WHOM WESPAY COMPETES FOR TALENT. FORM 990, PART VI, SECTION C, LINE 19 WESTERN PAYMENTS ALLIANCE MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THERE WAS NO CHANGE IN THE AUDIT COMMITTEE'S OVERSIGHT PROCESS. WESPAY ADVISORS 601 MONTGOMERY STREET NO 710 SAN FRANCISCO CA 94111 810985877 ADVISORY SERVICES CA WESTERN PAYMENTS ALLIANCE C 1094409 1481072 1.00000 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 1 0 0 WESPAY ADVISORS - MARKETING SUPPORT L 5384 ACTUAL WESPAY ADVISORS - SHARED FACILITIES N 18132 ACTUAL WESPAY ADVISORS - REIMBURSEMENT PAID TO RELATED ORGANIZATION P 23660 ACTUAL WESPAY ADVISORS - REIMBURSEMENT PAID BY RELATED ORGANIZATION Q 629417 ACTUAL