FURP.ORG / PUBLIC DATA EXPLORER

NATIONAL AUTOMATED CLEARING HOUSE ASSOCIATION: Form 990, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
NATIONAL AUTOMATED CLEARING HOUSE ASSOCIATION (EIN 23-7451693)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-11-02
IRS object ID
202123069349300717
Schema version
2020v4.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2021-11-02T09:47:27-05:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN410746749PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CLIFTONLARSONALLEN LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1901 N GLEBE ROAD SUITE 200AddressLine1Txt
CityARLINGTONCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22203ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN237451693EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1NATIONAL AUTOMATED CLEARING HOUSEBusinessNameLine1Txt
Business Name Line2ASSOCIATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlNATIBusinessNameControlTxt
Phone7035613933PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12550 WASSER TERRACE NO 400AddressLine1Txt
CityHERNDONCityNm
State AbbreviationVAStateAbbreviationCd
ZIP20171ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJANE E LARIMERPersonNm
Person TitlePRESIDENT & CHIEF EXECUTIVE OFFICERPersonTitleTxt
Phone7035613933PhoneNum
Signature2021-10-08SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJANEPersonFirstNm
Person LastLARIMERPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLISA STOVERPreparerPersonNm
PTINP01884701PTIN
Phone5712279500PhoneNum
Preparation2021-09-30PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

FieldValueIRS element (for citing)
Business Name Line1NACHABusinessNameLine1Txt
FieldValueIRS element (for citing)
Principal OfficerJANE E LARIMERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12550 WASSER TERRACE NO 400AddressLine1Txt
CityHERNDONCityNm
State AbbreviationVAStateAbbreviationCd
ZIP20171ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$27,602,526GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.NACHA.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1974FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionREPRESENTING OVER 9,000 FINANCIAL INSTITUTIONS ON ELECTRONIC PAYMENT SOLUTIONS.ActivityOrMissionDesc
Voting Members Governing Body18VotingMembersGoverningBodyCnt
Voting Members Independent18VotingMembersIndependentCnt
Total Employee72TotalEmployeeCnt
Total Volunteers100TotalVolunteersCnt
Total Gross UBI$530,665TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$5,221NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$21,332,445PYProgramServiceRevenueAmt
CY Program Service Revenue$17,296,727CYProgramServiceRevenueAmt
PY Investment Income$96,570PYInvestmentIncomeAmt
CY Investment Income-$3,494CYInvestmentIncomeAmt
PY Other Revenue$2,187,628PYOtherRevenueAmt
CY Other Revenue$5,372,003CYOtherRevenueAmt
PY Total Revenue$23,616,643PYTotalRevenueAmt
CY Total Revenue$22,665,236CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$12,634,141PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$12,686,403CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$9,411,930PYOtherExpensesAmt
CY Other Expenses$7,812,273CYOtherExpensesAmt
PY Total Expenses$22,046,071PYTotalExpensesAmt
CY Total Expenses$20,498,676CYTotalExpensesAmt
PY Revenues Less Expenses$1,570,572PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,166,560CYRevenuesLessExpensesAmt
Total Assets BOY$22,073,513TotalAssetsBOYAmt
Total Assets EOY$22,849,774TotalAssetsEOYAmt
Total Liabilities BOY$10,611,223TotalLiabilitiesBOYAmt
Total Liabilities EOY$9,224,737TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$11,462,290NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$13,625,037NetAssetsOrFundBalancesEOYAmt
MissionNATIONAL AUTOMATED CLEARING HOUSE ASSOCIATION (NACHA)'S MISSION IS TO PROMOTE THE DEVELOPMENT OF ELECTRONIC SOLUTIONS THAT IMPROVE THE PAYMENT SYSTEM FOR THE BENEFIT OF ITS MEMBERS AND THEIR CUSTOMERS.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescACH NETWORK ADMINISTRATOR: PRIVATE SECTOR RULEMAKING BODY FOR THE ACH NETWORK WHICH ENABLES THE SETTLEMENT OF ELECTRONIC PAYMENTS AMONGST MORE THAN 9,700 PARTICIPATING FINANCIAL INSTITUTIONS RISK MANAGEMENT, RULES ENFORCEMENT, NETWORK ADVOCACY AND DEVELOPMENT OF ELECTRONIC SOLUTIONS IS ALSO INCLUDED WITHIN THE PROGRAM SERVICES AS ADMINISTRATOR FOR THE ACH NETWORK.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
DescNACHA ANNUAL PAYMENTS CONFERENCE: NATIONAL EDUCATION PROGRAM WITH OVER 2,000 PARTICIPANTS, WHICH PROVIDE INFORMATION ABOUT THE LATEST OPERATIONS/MARKETING INNOVATIONS IN THE ACH NETWORK AND ELECTRONIC PAYMENTS. FOR 2020 THE ANNUAL CONFERENCE WAS CANCELLED DUE TO THE GLOBAL PANDEMIC.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
DescPUBLICATIONS:SALE OF THE NACHA OPERATING RULES AND GUIDELINES AND OVER 100 OTHER PUBLICATIONS ON ELECTRONIC PAYMENTS.Desc
FieldValueIRS element (for citing)
Described In Section501c30DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Subject To Proxy TaxYes (1)SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document19IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee72EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members18GoverningBodyVotingMembersCnt
Independent Voting Member18IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or StockholdersYes (1)MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (1)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1PAMELA B MOORE SVP & CHIEF FINANCIAL OFFICERBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7035611100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12550 WASSER TERRACE SUITE 400AddressLine1Txt
CityHERNDONCityNm
State AbbreviationVAStateAbbreviationCd
ZIP20171ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (29 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtKey EmployeeKeyEmployeeIndHighest Compensated EmployeeHighestCompensatedEmployeeIndIndividual Trustee Or DirectorIndividualTrusteeOrDirectorInd
JANET O ESTEP
PRESIDENT EMERITUS20.00Yes (X)$760,946$0$4,151
JANE E LARIMER
PRESIDENT & CEO40.00Yes (X)$644,521$0$36,340
SCOTT M LANG
CHIEF OF STAFF40.00$351,526$0$33,822Yes (X)
PAMELA B MOORE
CHIEF FINANCIAL OFFICER40.00Yes (X)$338,092$0$33,827
MICHAEL HERD
SVP ACH NETWORK ADMINISTRATION40.00$323,749$0$56,552Yes (X)
GEORGE THROCKMORTON
MANAGING DIR. STRATEGIC INITIATIVES40.00$260,535$0$42,327Yes (X)
NAZIH R HAMADE
CHIEF TECHNOLOGY OFFICER40.00$246,321$0$55,866Yes (X)
WILLIAM D SULLIVAN
SR. DIRECTOR & GROUP MANAG40.00$235,976$0$28,533Yes (X)
VICTORIA DAY
CHIEF COMMUNICATIONS OFFICER40.00$222,916$0$39,849Yes (X)
MICHAEL MURPHY
SR. DIR & GROUP MGMNT, MEMBER ENG. & PUBLIC RELATI40.00$206,086$0$40,712Yes (X)
STEPHANIE F PREBISH
SR. DIR & GROUP MGMNT, ASSOCIATION SERVICES40.00$186,815$0$25,598Yes (X)
JOE HUSSEY
CHAIRPERSON2.00Yes (X)$0$0$0Yes (X)
JAMES MORRELL
VICE CHAIRPERSON2.00Yes (X)$0$0$0Yes (X)
LAWRENCE TAFT
SECRTARY/TREASURER2.00Yes (X)$0$0$0Yes (X)
NICHOLAS DRINKWINE
DIRECTOR2.00$0$0$0Yes (X)
PHIL PICILLO
DIRECTOR2.00$0$0$0Yes (X)
MICHAEL BELLACOSA
DIRECTOR2.00$0$0$0Yes (X)
JASON CARONE
DIRECTOR2.00$0$0$0Yes (X)
MICHAEL FOSSACECA
DIRECTOR2.00$0$0$0Yes (X)
DAVID KRETZ
DIRECTOR2.00$0$0$0Yes (X)
STEPHEN MAX
DIRECTOR2.00$0$0$0Yes (X)
UMA WILSON
DIRECTOR2.00$0$0$0Yes (X)
KEVIN CHRISTENSEN
DIRECTOR2.00$0$0$0Yes (X)
LAURA LISTWAN
DIRECTOR2.00$0$0$0Yes (X)
RUSSELL OATMAN
DIRECTOR2.00$0$0$0Yes (X)
WILLIAM SCHOCH
DIRECTOR2.00$0$0$0Yes (X)
MICHELLE ZIOLKOWSKI
DIRECTOR2.00$0$0$0Yes (X)
MARLENE BARKHEIMER
DIRECTOR2.00$0$0$0Yes (X)
RHOMAD PAVLICEK
DIRECTOR2.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,777,483TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$397,577TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K47IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
PETER TAPLING
1500 N DEE ROADPARK RIDGEIL60068CONSULTING /SERVICES$341,696
SIDNEY AUSTIN LLP
1501 K STREET NWWASHINGTONDC20005LEGAL$250,195
RICHARD FEUER ANDERSON
1133 CONNECTICUT AVENUE STE 620WASHINGTONDC20036CONSULTING /SERVICES$162,707
WHITEFORD TAYLOR & PRESTON
STEVEN SAINT PAUL STREETBALTIMOREMD21202LEGAL SERVICES$145,721
Q INSIGHTS
1326 WALNUT STREETNEWTON HIGHLANDSMA02461CONSULTING /SERVICES$107,205
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtExclusionExclusionAmt
ACH ADMINISTRATIVE FEE900099$12,581,428$12,581,428
MEMBERSHIP DUES900099$3,180,274$3,147,924$32,350
ACCREDITATION PROGRAMS900099$668,185$668,185
EDUCATION AND TRAINING611710$333,264$306,264$27,000
INDUSTRY STANDARDS GROUP900099$322,103$322,103

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$211,473TotalRevenueColumnAmt
Related Or Exempt Func Income$164,917RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$46,556UnrelatedBusinessRevenueAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$17,296,727TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$61,360TotalRevenueColumnAmt
Exclusion$61,360ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$172,892TotalRevenueColumnAmt
Exclusion$172,892ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$4,000,000SecuritiesAmt
Other$559,328OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$3,998,300SecuritiesAmt
Other$625,882OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$1,700SecuritiesAmt
Other-$66,554OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$64,854TotalRevenueColumnAmt
Exclusion-$64,854ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$1,386,815GrossSalesOfInventoryAmt
Cost Of Goods Sold$313,108CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,073,707TotalRevenueColumnAmt
Related Or Exempt Func Income$1,073,707RelatedOrExemptFuncIncomeAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
INSURANCE PROCEEDS900099$3,403,083$3,403,083
CONSULTATIVE SERVICES541900$386,300$386,300
PREFERRED MARKETING PROGRAM541990$326,031$65,206$97,809$163,016

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$9,990TotalRevenueColumnAmt
Exclusion$9,990ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$4,125,404OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$22,665,236TotalRevenueColumnAmt
Related Or Exempt Func Income$18,427,544RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$530,665UnrelatedBusinessRevenueAmt
Exclusion$3,707,027ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$2,795,939TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$7,853,325TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$558,949TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$834,811TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$643,379TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$447,318TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$142,051TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$1,301,177TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$1,627,594TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$279,143TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$1,570,129TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$528,743TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$122,735TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$251,708TotalAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$760TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,034,932TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$212,251TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmt
BANK & CREDIT CARD FEES$106,184
DUES & SUBSCRIPTIONS$105,908
REBATES$49,514
TAXES AND LICENSES$28,449

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$3,677TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$20,498,676TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$67,558BOYAmt
EOY$68,156EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$10,411,687BOYAmt
EOY$11,966,241EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,000,121BOYAmt
EOY$2,118,680EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$18,772BOYAmt
EOY$27,136EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$819,324BOYAmt
EOY$769,307EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$8,062,883LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$5,001,395LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$2,251,206BOYAmt
EOY$3,061,488EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$4,264,693BOYAmt
EOY$2,762,580EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$2,240,152BOYAmt
EOY$2,076,186EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$22,073,513BOYAmt
EOY$22,849,774EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$3,359,411BOYAmt
EOY$3,339,389EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$3,666,916BOYAmt
EOY$2,703,873EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$3,584,896BOYAmt
EOY$3,181,475EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$10,611,223BOYAmt
EOY$9,224,737EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$11,462,290BOYAmt
EOY$13,625,037EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$11,462,290BOYAmt
EOY$13,625,037EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$22,073,513BOYAmt
EOY$22,849,774EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$2,166,560ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$3,813NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues Nonded0SubstantiallyAllDuesNondedInd
Only In House Lobbying0OnlyInHouseLobbyingInd
Agree Carryover Prior Year0AgreeCarryoverPriorYearInd
Dues Assessments$3,147,922DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY$180NonDeductibleLbbyngPltclCYAmt
Non Deductible Lbbyng Pltcl Tot$180NonDeductibleLbbyngPltclTotAmt
Carried Over$0CarriedOverAmt
Taxable$180TaxableAmt

Schedule D IRS990ScheduleD

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,561,041OtherCostOrOtherBasisAmt
Depreciation$949,385DepreciationAmt
Book Value$611,656BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$1,300,349OtherCostOrOtherBasisAmt
Depreciation$1,045,676DepreciationAmt
Book Value$254,673BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$5,201,493OtherCostOrOtherBasisAmt
Depreciation$3,006,334DepreciationAmt
Book Value$2,195,159BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$3,061,488TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (3 entries)

DescDescBook ValueBookValueAmt
ACCRUED INTEREST$7,779
DEFERRED COMPENSATION PLAN ASSETS$2,013,354
DEPOSITS$55,053
FieldValueIRS element (for citing)
Total Book Value Other Assets$2,076,186TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDescAmtAmt
DEFERRED RENT OBLIGATION$1,137,334
DEFERRED COMPENSATION OBLIGATION$2,013,354
CAPITAL LEASE OBLIGATION$30,787
FieldValueIRS element (for citing)
Total Liability$3,181,475TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$22,974,531TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$3,813NetUnrealizedGainsInvstAmt
Revenue Not Reported-$3,813RevenueNotReportedAmt
Revenue Subtotal$22,978,344RevenueSubtotalAmt
Other Revenues Not Included-$313,108OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt-$313,108RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$22,665,236TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$20,811,784TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$313,108OtherExpensesIncludedAmt
Expenses Not Reported$313,108ExpensesNotReportedAmt
Expenses Subtotal$20,498,676ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$20,498,676TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE ASSOCIATION IS EXEMPT FROM THE PAYMENT OF INCOME TAXES ON ITS EXEMPT ACTIVITIES UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE (IRC). THE ASSOCIATION ADOPTED THE INCOME TAX STANDARD FOR UNCERTAIN TAX POSITIONS. THE ASSOCIATION EVALUATED ITS TAX POSITIONS AND DETERMINED THAT ITS TAX POSITIONS ARE MORE LIKELY THAN NOT TO BE SUSTAINED ON EXAMINATION. THE ASSOCIATION'S TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES.
PART XI, LINE 4B - OTHER ADJUSTMENTS:COST OF GOODS SOLD -313,108.
PART XII, LINE 2D - OTHER ADJUSTMENTS:COST OF GOODS SOLD 313,108.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Club Dues Or FeesYes (X)ClubDuesOrFeesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Form990 Of Other OrganizationsYes (X)Form990OfOtherOrganizationsInd
Written Employment ContractYes (X)WrittenEmploymentContractInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (11 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
JANET O ESTEP
PRESIDENT EMERITUS$28,768$0$402,000$0$330,178$0$2,325$0$1,826$0$765,097$0$0$0
JANE E LARIMER
PRESIDENT & CEO$423,360$0$200,000$0$21,161$0$22,800$0$13,540$0$680,861$0$0$0
SCOTT M LANG
CHIEF OF STAFF$243,410$0$87,000$0$21,116$0$21,586$0$12,236$0$385,348$0$0$0
PAMELA B MOORE
CHIEF FINANCIAL OFFICER$231,931$0$85,000$0$21,161$0$20,287$0$13,540$0$371,919$0$0$0
MICHAEL HERD
SVP ACH NETWORK ADMINISTRATION$240,628$0$82,000$0$1,121$0$20,401$0$36,151$0$380,301$0$0$0
GEORGE THROCKMORTON
MANAGING DIR. STRATEGIC INITIATIVES$199,374$0$60,000$0$1,161$0$16,609$0$25,718$0$302,862$0$0$0
NAZIH R HAMADE
CHIEF TECHNOLOGY OFFICER$225,160$0$20,000$0$1,161$0$19,175$0$36,691$0$302,187$0$0$0
WILLIAM D SULLIVAN
SR. DIRECTOR & GROUP MANAG$189,315$0$45,000$0$1,661$0$15,534$0$12,999$0$264,509$0$0$0
VICTORIA DAY
CHIEF COMMUNICATIONS OFFICER$173,695$0$48,100$0$1,121$0$14,671$0$25,178$0$262,765$0$0$0
MICHAEL MURPHY
SR. DIR & GROUP MGMNT, MEMBER ENG. &$168,804$0$35,000$0$2,282$0$14,373$0$26,339$0$246,798$0$0$0
STEPHANIE F PREBISH
SR. DIR & GROUP MGMNT, ASSOCIATION S$152,651$0$34,000$0$164$0$12,535$0$13,063$0$212,413$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 1AFormAndLineReferenceDesc
ExplanationNACHA PROVIDES A WELLNESS BENEFIT UP TO $500 THAT IS REIMBURSED UPON DOCUMENTATION OF ELIGIBLE EXPENSES AND IT IS INCLUDED ON THE EMPLOYEES PAYROLL AS A TAXABLE FRINGE BENEFIT.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 1THE EXECUTIVE COMMITTEE IS RESPONSIBLE FOR THE MANAGEMENT OF THE CORPORATION WHEN THE BOARD IS NOT IN SESSION. THE EXECUTIVE COMMITTEE CONSISTS OF THE CHAIRPERSON, THE VICE-CHAIRPERSON, AND THE SECRETARY/TREASURER, AND IS CHAIRED BY THE CHAIRPERSON OF THE BOARD. THE PRESIDENT OF THE ORGANIZATION SERVES AS AN EX OFFICIO NON-VOTING MEMBER OF THE EXECUTIVE COMMITTEE.
FORM 990, PART VI, SECTION A, LINE 6NATIONAL AUTOMATED CLEARING HOUSE ASSOCIATION (NACHA) IS A TRADE ASSOCIATION. ITS BYLAWS INCLUDE THREE DISTINCT MEMBERSHIP CLASSES INCLUDING DIRECT FINANCIAL INSTITUTION (DFI) MEMBER, PAYMENTS ASSOCIATION (PA) MEMBER AND COUNCIL MEMBERSHIPS. EACH CLASS OF MEMBERSHIP HAS THE RIGHT TO VOTE FOR DIRECTORS AND OFFICERS OF NACHA AND SHALL DESIGNATE ONE INDIVIDUAL REPRESENTATIVE FOR PURPOSES OF VOTING AND ANY OTHER PURPOSES RELEVANT TO NACHA. A DUES-BASED MEMBERSHIP ASSOCIATION THAT ADDRESSES PAYMENTS SYSTEM TOPICS AND HAS THE PRIMARY PURPOSE OF PROVIDING EDUCATIONAL, REGULATORY, AND COMMUNICATIONS SUPPORT FOR ITS MEMBERS' USE OF THE ACH NETWORK AND COMPLIANCE WITH THE NACHA OPERATING RULES IS ELIGIBLE TO JOIN AS A MEMBER PA. PAS HAVE THE AUTHORITY TO REPRESENT AND VOTE ON BEHALF OF ONLY ITS DFI MEMBERS ON THE NACHA OPERATING RULES. THE PA SHALL BE INCORPORATED IN THE US, OR IF NOT INCORPORATED SHALL BE PART OF AN ENTITY THAT IS INCORPORATED IN THE US. A MAJORITY OF PAS SHALL BE DFIS AND, IF APPLICABLE, DFIS SHALL HOLD MAJORITY OWNERSHIP IN THE PA PARENT ENTITY. DFI MEMBERS OF AN PA SHALL BE CONSIDERED INDIRECT MEMBERS OF NACHA. A DFI THAT IS A MEMBER OF ANY PAYMENT ASSOCIATION THAT IS (I) ITSELF A MEMBER OF THE ORGANIZATION, AND (II) A RECOGNIZED PROVIDER OF EDUCATION AND TRAINING THAT HAS MET THE CRITERIA SET BY THE ORGANIZATION FOR PAYMENTS ACCREDITATION, MAY JOIN AS A MEMBER. REPRESENTATIVES OF DFIS AND OTHER STAKEHOLDERS FOCUSED ON DEVELOPING ELECTRONIC PAYMENT AND E-COMMERCE APPLICATIONS MAY FORM A COUNCIL IN ACCORDANCE WITH POLICIES AND PROCEDURES ADOPTED BY THE BOARD. THE COUNCIL IS PART OF THE ORGANIZATION AND NOT SEPARATELY INCORPORATED, BUT IS CONSIDERED A MEMBER. THE COUNCIL'S INDIVIDUAL OR ORGANIZATION MEMBERS, OR EMANCIPATED GROUPS, ARE NOT CONSIDERED MEMBERS OF THE ORGANIZATION.
FORM 990, PART VI, SECTION A, LINE 7AEACH CLASS OF MEMBERSHIP SHALL HAVE THE RIGHT TO VOTE FOR DIRECTORS AND OFFICERS.
FORM 990, PART VI, SECTION A, LINE 7BDFI AND RPA MEMBERS SHALL BE ALLOTTED A CERTAIN NUMBER OF VOTES ON THE NACHA OPERATING RULES BASED ON ANNUAL MEMBERSHIP DUES AND THE ANNUAL ACH ORIGINATED AND RECEIVED VOLUME OF ITS RESPECTIVE FINANCIAL INSTITUTIONS. DFI AND RPA MEMBERS SHALL HAVE THE POWER TO OVERRIDE ANY AMENDMENT TO THE BYLAWS VOTED ON BY THE BOARD OF DIRECTORS BY A TWO-THIRDS MAJORITY.
FORM 990, PART VI, SECTION B, LINE 11BTHE FORM 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER AND PRESIDENT & CEO FOR ACCURACY AND COMPLETENESS PRIOR TO FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12CALL DIRECTORS OF THE BOARD ARE COVERED UNDER THE ORGANIZATION'S CONFLICT OF INTEREST POLICY. A CONFLICT OF INTEREST EXISTS IF THE DIRECTOR'S ALLEGIANCE MIGHT BE SPLIT BETWEEN A NACHA POSITION OR RESPONSIBLITY AND SOME OTHER PROFESSIONAL POSITION OR RESPONSIBILITY. DIRECTORS ARE REMINDED AT THE BEGINNING OF EVERY MEETING OF THE COI POLICY AND SUBMITTAL OF ANY COI IS MADE AT THE BEGINNING OF A DIRECTOR TERM AND UPDATED IF REQUIRED. NEW DIRECTORS ARE PROVIDED A COPY OF THE CONFLICT OF INTEREST POLICY (COI) DURING BOARD ORIENTATION AND ARE REQUESTED TO COMPLETE A DISCLOSURE FORM OF ACTUAL OR POTENTIAL CONFLICTS. EACH DIRECTOR IS RESPONSIBLE FOR PROVIDING NOTICE TO THE CHAIRPERSON IF A CONFLICT OF INTEREST ARISES. THE CHAIRPERSON OF THE BOARD, IN CONSULTATION WITH THE THE EXECUTIVE COMMITTEE AS NECESSARY, REVIEWS AND DETERMINES IF A CONFLICT OF INTEREST EXISTS. A COMPLETE DISCLOSURE IS MADE TO THE FULL BOARD OF ALL BOARD MEMBERS' COI FILINGS, INCLUDING THE DATE OF THE LAST FILING AND ALL POTENTIAL AND ACTUAL CONFLICTS, BUSINESS AND OTHER. ANY DIRECTOR WITH A CONFLICT OF INTEREST MAY BE ASKED TO RECUSE HIM/HERSELF FROM REPORTS, DISCUSSION, DEBATES, AND DECISION-MAKING REGARDING THE MATTER. A DIRECTOR WITH A CONFLICT OF INTEREST MAY BE ASKED TO RESIGN IF DISCLOSURE AND RECUSAL CANNOT REMEDY THE CONFLICT.
FORM 990, PART VI, SECTION B, LINE 15NACHA PARTICIPATES ANNUALLY/SEMI-ANNUALLY IN COMPENSATION SURVEYS TO REMAIN COMPETITIVE IN THE MARKET. A BENECHMARKING ANALYSIS IS CONDUCTED ANNUALLY TO ENSURE NACHA'S KEY EMPLOYEES AND STAFF ARE COMPENSATED COMPETITIVELY BASED ON A NUMBER OF FACTORS TO INCLUDE: INDUSTRY, SKILL SET AND GEOGRAPHICAL LOCATION. THE MOST RECENT PROCESS WAS PERFORMED IN 2020.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST AS REQUIRED UNDER DISCLOSURE REQUIREMENTS OF 501(C)(6).
PART XII, LINE 2CTHIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.