CLEARING HOUSE ASSOCIATION LLC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
CLEARING HOUSE ASSOCIATION LLC (EIN 13-5272860)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-13
IRS object ID
202503189349300900
Schema version
2024v5.2
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)
Return2025-11-13T22:59:27-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN991856619PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GRANT THORNTON ADVISORS LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11000 WILSON BOULEVARD SUITE 1500AddressLine1Txt
CityARLINGTONCityNm
State AbbreviationVAStateAbbreviationCd
ZIP22209ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN135272860EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE CLEARING HOUSE ASSOCIATION LLCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCLEABusinessNameControlTxt
Phone2126130100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11114 AVENUE OF THE AMERICAS 17TH FAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10036ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDARRELL WALSHPersonNm
Person TitleCFOPersonTitleTxt
Phone2126130100PhoneNum
Signature2025-11-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info Curr0IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARY TORRETTAPreparerPersonNm
PTINP00847851PTIN
Phone7038477500PhoneNum
Preparation2025-11-13PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerDAVID WATSONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11114 AVENUE OF THE AMERICAS 17TH FLAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10036ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$5,306,563GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressTHECLEARINGHOUSE.ORGWebsiteAddressTxt
Type Of Organization OtherYes (X)TypeOfOrganizationOtherInd
Other Organization DscLLCOtherOrganizationDsc
Formation1998FormationYr
Legal Domicile StateDELegalDomicileStateCd
Activity Or MissionNONPARTISAN ADVOCACY ORGANIZATION REPRESENTING THE BANKING INDUSTRY (SEE SCHEDULE O)ActivityOrMissionDesc
Voting Members Governing Body22VotingMembersGoverningBodyCnt
Voting Members Independent22VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers22TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$5,276,220PYProgramServiceRevenueAmt
CY Program Service Revenue$5,227,775CYProgramServiceRevenueAmt
PY Investment Income$0PYInvestmentIncomeAmt
CY Investment Income$3,874CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$5,276,220PYTotalRevenueAmt
CY Total Revenue$5,231,649CYTotalRevenueAmt
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$759,586PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,018,370CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$2,703,821PYOtherExpensesAmt
CY Other Expenses$2,852,170CYOtherExpensesAmt
PY Total Expenses$3,463,407PYTotalExpensesAmt
CY Total Expenses$3,870,540CYTotalExpensesAmt
PY Revenues Less Expenses$1,812,813PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,361,109CYRevenuesLessExpensesAmt
Total Assets BOY$12,207,545TotalAssetsBOYAmt
Total Assets EOY$15,364,179TotalAssetsEOYAmt
Total Liabilities BOY$1,338,459TotalLiabilitiesBOYAmt
Total Liabilities EOY$2,841,904TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$10,869,086NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$12,522,275NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSEE SCHEDULE OMissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
DescTHE CLEARING HOUSE ASSOCIATION L.L.C IS A NONPARTISAN ADVOCACY ORGANIZATION THAT REPRESENTS THE INTERESTS OF ITS MEMBER BANKS AND THE BROADER BANKING INDUSTRY BY DEVELOPING AND PROMOTING POLICIES TO SUPPORT A SAFE, SOUND, AND COMPETITIVE BANKING SYSTEM THAT SERVES CUSTOMERS, COMMUNITIES, AND SUPPORTS ECONOMIC GROWTH.Desc
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 Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
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 EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht PymtYes (1)SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members22GoverningBodyVotingMembersCnt
Independent Voting Member22IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
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 Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy0ConflictOfInterestPolicyInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonDARRELL WALSHPersonNm
Phone2126130100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11114 AVENUE OF THE AMERICAS 17TH FLAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10036ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (26 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerIndKey EmployeeKeyEmployeeInd
CYNTHIA ADAMS SUPERVISOR DIR
GEN COUNSEL, THE TORONTO-DOMINION BANK1.001.00Yes (X)$0$0$0
JAMES CHOSY SUPERVISORY DIR
EVP, GEN COUNSEL AND SEC, U.S. BANK NATIONAL ASSOC1.001.00Yes (X)$0$0$0
MATT COOPER SUPERVISORY DIR
GEN COUNSEL, CAPITAL ONE, NATIONAL ASSOCIATION1.001.00Yes (X)$0$0$0
TIMOTHY COX SUPERVISORY DIR
US GEN COUNSEL & CRO, BMO BANK NATIONAL ASSOCIATIO1.001.00Yes (X)$0$0$0
STACEY FRIEDMAN SUPERVISORY DIR
GEN COUNSEL, JPMORGAN CHASE BANK, NATIONAL ASSOCIA1.001.00Yes (X)$0$0$0
VON HAYS SUPERVISORY DIR
CLO/GEN COUNSEL, COMERICA BANK1.001.00Yes (X)$0$0$0
MARCY HINGST SUPERVISORY DIR
GEN COUNSEL, THE HUNTINGTON NATIONAL BANK1.001.00Yes (X)$0$0$0
POLLY KLANE SUPERVISORY DIR
GEN COUNSEL & CLO, CITIZENS BANK, NATIONAL ASSOCIA1.001.00Yes (X)$0$0$0
CRYSTAL LALIME SUPERVISORY DIR
GEN COUNSELOF CORPORATE AND INVESTMENT BANK AND B1.001.00Yes (X)$0$0$0
LAURA LONG SUPERVISORY DIR
EVP & CAO, PNC BANK, NATIONAL ASSOCIATION1.001.00Yes (X)$0$0$0
J KEVEN MCCARTHY SUPERVISORY DIR
GEN COUNSEL, THE BANK OF NEW YORK MELLON1.001.00Yes (X)$0$0$0
BRENT MCINTOSH SUPERVISORY DIR
GEN COUNSEL & CORPORATE SECRETARY, CITIBANK, N.A.1.001.00Yes (X)$0$0$0
LAUREN MOGENSEN SUPERVISORY DIR
GLOBAL GEN COUNSEL, BANK OF AMERICA, NATIONAL ASSO1.001.00Yes (X)$0$0$0
LAURA O'HARA SUPERVISORY DIR
GEN COUNSEL, MANUFACTURERS AND TRADERS TRUST COMPA1.001.00Yes (X)$0$0$0
ELLEN PATTERSON SUPERVISORY DIR
CHAIR, SEVP & GEN COUNSEL, WELLS FARGO BANK, NATIO1.001.00Yes (X)$0$0$0
KAREN PELZER SUPERVISORY DIR
GEN COUNSEL, DEUTSCHE BANK TRUST COMPANY AMERICAS1.001.00Yes (X)$0$0$0
TARA ANN PLIMPTON SUPERVISORY DIR
SEVP, GEN COUNSEL & CORP SEC EXECUTIVE COUNCIL AND1.001.00Yes (X)$0$0$0
SCOTT STENGEL SUPERVISORY DIR
CLO, HEAD OF GOV AFFAIRS & CORP SEC, TRUIST BANK1.001.00Yes (X)$0$0$0
CURTIS TAO SUPERVISORY DIR
SEVP & GEN COUNSEL, HSBC BANK USA, NATIONAL ASSOCI1.001.00Yes (X)$0$0$0
JAMES WATERS SUPERVISORY DIR
GEN COUNSEL & CORPORATE SEC, KEYBANK NATIONAL ASSO1.001.00Yes (X)$0$0$0
BRIAN YOSHIDA SUPERVISORY DIR
CLO, BANCO SANTANDER, SA1.001.00Yes (X)$0$0$0
SUSAN ZAUNBRECHER SUPERVISORY DIR
EVP-CLO & BOARD SEC, FIFTH THIRD BANK, NATIONAL AS1.001.00Yes (X)$0$0$0
DAVID WATSON
CEO2.0033.00$0$2,352,639$135,791Yes (X)
DARRELL WALSH
CFO3.0032.00$0$718,409$69,246Yes (X)
STEPHANIE HELLER
EVP GENERAL COUNSEL7.0028.00$0$1,163,984$123,725Yes (X)
RODNEY ABELE
VP DIRECTOR OF LEGISLATIVE & REGULATORY AFFAIRS35.000.00$0$390,843$29,779Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$4,625,875TotReportableCompRltdOrgAmt
Total Other Compensation$358,541TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (2 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
ALSTON & BIRD LLP
ONE ATLANTIC CENTERATLANTAGA303093424LEGAL SERVICES$385,720
SIDLEY AUSTIN LLP
1501 K STREET NWWASHINGTONDC20005LEGAL SERVICES$177,478
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K2CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MEMBER BANK ASSOC FEES900099$3,300,000$3,300,000
ANNUAL BUSINESS CONFER900099$1,927,775$1,927,775
FieldValueIRS element (for citing)
Total Program Service Revenue$5,227,775TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$9,015TotalRevenueColumnAmt
Exclusion$9,015ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$69,773OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$74,914OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other-$5,141OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$5,141TotalRevenueColumnAmt
Exclusion-$5,141ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$5,231,649TotalRevenueColumnAmt
Related Or Exempt Func Income$5,227,775RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$3,874ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$985,179TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$33,191TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$838,715TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$118,319TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$53,091TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$7,582TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$18,863TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$1,916TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$17,069TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$1,490,653TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$120,119TotalAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$84,295TotalAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescSERVICE FEESDesc
Total$99,180TotalAmt

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$2,368TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$3,870,540TotalAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$4,467,381BOYAmt
EOY$7,881,732EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$275,463BOYAmt
EOY$79,802EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$510,439BOYAmt
EOY$573,643EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$1,782,221LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$1,566,213LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$341,268BOYAmt
EOY$216,008EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$6,612,994BOYAmt
EOY$6,612,994EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$12,207,545BOYAmt
EOY$15,364,179EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$1,338,459BOYAmt
EOY$2,841,904EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$1,338,459BOYAmt
EOY$2,841,904EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$10,869,086BOYAmt
EOY$12,522,275EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$10,869,086BOYAmt
EOY$12,522,275EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$12,207,545BOYAmt
EOY$15,364,179EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$1,361,109ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$292,030OtherChangesInNetAssetsAmt
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$3,300,000DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY$131,761NonDeductibleLbbyngPltclCYAmt
Non Deductible Lbbyng Pltcl Tot$131,761NonDeductibleLbbyngPltclTotAmt
Aggregate Reported Dues Ntc$56,100AggregateReportedDuesNtcAmt
Carried Over$75,661CarriedOverAmt

Schedule D IRS990ScheduleD

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$405,688OtherCostOrOtherBasisAmt
Depreciation$405,688DepreciationAmt
Book Value$0BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$383,840OtherCostOrOtherBasisAmt
Depreciation$252,825DepreciationAmt
Book Value$131,015BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$992,693OtherCostOrOtherBasisAmt
Depreciation$907,700DepreciationAmt
Book Value$84,993BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$216,008TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp

FieldValueIRS element (for citing)
DescINVESTMENTS IN THE CLEARING HOUSE PAYMENTS COMPANY L.L.C.Desc
Book Value$6,612,994BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Other Assets$6,612,994TotalBookValueOtherAssetsAmt
Total Rev Etc Audited Fincl Stmt$5,314,816TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$5,314,816RevenueSubtotalAmt
Other Revenues Not Included-$83,167OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt-$83,167RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$5,231,649TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$3,953,657TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$83,167OtherExpensesIncludedAmt
Expenses Not Reported$83,167ExpensesNotReportedAmt
Expenses Subtotal$3,870,490ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$3,870,490TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART XI, LINE 4B - OTHER ADJUSTMENTS:CHANGES IN FAIR VALUE OF DEFERRED COMPENSATION INVESTMENTS -78,026. IMPAIRMENT LOSS REPORTED WITH REVENUE FOR FORM 990 -5,141.
PART XII, LINE 2D - OTHER ADJUSTMENTS:CHANGES IN FAIR VALUE OF DEFERRED COMPENSATION INVESTMENTS 78,026. IMPAIRMENT LOSS REPORTED WITH REVENUE FOR FORM 990 5,141.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr PlanYes (1)SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (4 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
DAVID WATSON
CEO$0$728,961$0$1,621,428$0$2,250$0$71,562$0$64,229$0$2,488,430$0$0
STEPHANIE HELLER
EVP GENERAL COUNSEL$0$497,543$0$661,400$0$5,041$0$64,822$0$58,903$0$1,287,709$0$0
DARRELL WALSH
CFO$0$311,553$0$403,760$0$3,096$0$32,500$0$36,746$0$787,655$0$0
RODNEY ABELE
VP DIRECTOR OF LEGISLATIVE & REGULAT$0$287,000$0$102,900$0$943$0$28,700$0$1,079$0$420,622$0$0

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART I, LINE 4BTHE FOLLOWING INDIVIDUALS PARTICIPATED IN A NONQUALIFIED DEFERRED COMPENSATION PLAN SPONSORED BY THE CLEARING HOUSE PAYMENTS COMPANY L.L.C., A RELATED FOR-PROFIT ORGANIZATION: STEPHANIE HELLER - $31,791, AND DAVID WATSON - $40,500. THE AMOUNTS REPORTED ABOVE REPRESENT EMPLOYER CONTRIBUTIONS TO THE PLAN MADE ON BEHALF OF THE VII AND SCHEDULE J, PART II.
SCHEDULE J, PART II:THE OFFICERS / KEY EMPLOYEES OF THE FILING ORGANIZATION ARE ALSO OFFICERS / KEY EMPLOYEES OF A RELATED CORPORATION, THE CLEARING HOUSE PAYMENTS COMPANY L.L.C. ALL COMPENSATION OF THE OFFICERS / KEY EMPLOYEES IS PAID BY THE RELATED ORGANIZATION.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (13 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART 1, LINE 1:THE CLEARING HOUSE ASSOCIATION L.L.C. IN A NONPARTISAN ADVOCACY ORGANIZATION THAT REPRESENTS THE INTERESTS OF ITS MEMBER BANKS AND THE BROADER BANKING INDUSTRY BY DEVELOPING AND PROMOTING POLICIES TO SUPPORT A SAFE, SOUND, AND COMPETITIVE BANKING SYSTEM THAT SERVES CUSTOMERS, COMMUNITIES, AND SUPPORTS ECONOMIC GROWTH.
FORM 990, PART III, LINE 1:DESCRIPTION OF ORGANIZATION MISSION: THE CLEARING HOUSE ASSOCIATION L.L.C. IS A NONPARTISAN ADVOCACY ORGANIZATION THAT REPRESENTS THE INTERESTS OF ITS MEMBER BANKS AND THE BROADER BANKING INDUSTRY BY DEVELOPING AND PROMOTING POLICIES THAT SUPPORT A SAFE, SOUND, AND COMPETITIVE BANKING SYSTEM THAT SERVES CUSTOMERS, COMMUNITIES, AND SUPPORTS ECONOMIC GROWTH.
FORM 990, PART IV, LINE 34THE MEMBERSHIPS OF THE CLEARING HOUSE ASSOCIATION L.L.C. (ASSOCIATION) AND THE CLEARING HOUSE PAYMENTS COMPANY L.L.C. (PAYCO) SUBSTANTIALLY OVERLAP SUCH THAT THE ASSOCIATION AND PAYCO ARE CONSIDERED BROTHER/SISTER ORGANIZATIONS.
FORM 990, PART VI, SECTION A, LINE 1ATHE CLEARING HOUSE ASSOCIATION L.L.C. (ASSOCIATION) HAS TWO BOARDS OF DIRECTORS: A SUPERVISORY BOARD OF DIRECTORS (SUPERVISORY BOARD) AND A MANAGING BOARD OF DIRECTORS (MANAGING BOARD). EACH MEMBER OF THE ASSOCIATION MAY APPOINT ONE REPRESENTATIVE TO EACH BOARD. UNDER THE ASSOCIATION'S LLC AGREEMENT, THE ASSOCIATION'S BUSINESS AND AFFAIRS ARE MANAGED BY OR UNDER THE DIRECTION OF THE SUPERVISORY BOARD. FOR THIS REASON, THE ASSOCIATION TREATS THE SUPERVISORY BOARD AS GOVERNING BODY FOR PURPOSES OF FORM 990. THE MANAGING BOARD REPORTS TO THE SUPERVISORY BOARD AND HAS CERTAIN RESPONSIBILITIES FOR OVERSEEING THE ASSOCIATION'S BUSINESS AND FINANCIAL PERFORMANCE AND FOR ESTABLISHING THE ASSOCIATION'S STRATEGIC AGENDA.
FORM 990, PART VI, SECTION A, LINE 2THE OFFICERS/KEY EMPLOYEES OF THE FILING ORGANIZATION ARE ALSO OFFICERS/KEY EMPLOYEES OF A RELATED CORPORATION, THE CLEARING HOUSE PAYMENTS COMPANY L.L.C. ALL COMPENSATION OF THE OFFICERS/KEY EMPLOYEES IS PAID BY THE RELATED ORGANIZATION.
FORM 990, PART VI, SECTION A, LINE 6THE CLEARING HOUSE ASSOCIATION L.L.C. HAS A SINGLE CLASS OF MEMBERS AS PRESCRIBED IN ITS LLC AGREEMENT.
FORM 990, PART VI, SECTION A, LINE 7ATHE CLEARING HOUSE ASSOCIATION L.L.C. (ASSOCIATION) HAS TWO BOARDS OF DIRECTORS: A SUPERVISORY BOARD OF DIRECTORS (SUPERVISORY BOARD) AND A MANAGING BOARD OF DIRECTORS (MANAGING BOARD). EACH MEMBER OF THE ASSOCIATION MAY APPOINT ONE REPRESENTATIVE TO EACH BOARD. UNDER THE ASSOCIATION'S LLC AGREEMENT, THE ASSOCIATION'S BUSINESS AND AFFAIRS ARE MANAGED BY OR UNDER THE DIRECTION OF THE SUPERVISORY BOARD. FOR THIS REASON, THE ASSOCIATION TREATS THE SUPERVISORY BOARD AS GOVERNING BODY FOR PURPOSES OF FORM 990. THE MANAGING BOARD REPORTS TO THE SUPERVISORY BOARD AND HAS CERTAIN RESPONSIBILITIES FOR OVERSEEING THE ASSOCIATION'S BUSINESS AND FINANCIAL PERFORMANCE AND FOR ESTABLISHING THE ASSOCIATION'S STRATEGIC AGENDA.
FORM 990, PART VI, SECTION B, LINE 11BTHE 990 UNDERGOES A NUMBER OF INTERNAL AND EXTERNAL REVIEWS. THE RETURN IS PREPARED BY GRANT THORNTON ADVISORS LLC AND REVIEWED BY THE CHIEF FINANCIAL OFFICER BEFORE FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12ALTHOUGH THE GOVERNING BODY OF THE CLEARING HOUSE ASSOCIATION L.L.C. (ASSOCIATION) HAS NOT ADOPTED A WRITTEN CONFLICT-OF-INTEREST POLICY FOR THE ASSOCIATION PER SE, THE ASSOCIATION'S RELATED ORGANIZATION, THE CLEARING HOUSE PAYMENTS COMPANY L.L.C., HAS DONE SO IN ITS WRITTEN CODE OF CONDUCT, AND THAT POLICY APPLIES TO ASSOCIATION MATTERS.
FORM 990, PART VI, SECTION C, LINE 19DOCUMENTS ARE MADE AVAILABLE TO THE EXTENT REQUIRED BY LAW.
FORM 990, PART VI, SECTION B, LINE 13ALTHOUGH THE GOVERNING BODY OF THE CLEARING HOUSE ASSOCIATION L.L.C. (ASSOCIATION) HAS NOT ADOPTED A WRITTEN WHISTLEBLOWER POLICY FOR THE ASSOCIATION PER SE, THE ASSOCIATION'S RELATED ORGANIZATION, THE CLEARING HOUSE PAYMENTS COMPANY L.L.C., HAS DONE SO IN ITS WRITTEN CODE OF CONDUCT, AND THAT POLICY APPLIES TO ASSOCIATION MATTERS.
FORM 990, PART VI, SECTION B, LINE 14ALTHOUGH THE GOVERNING BODY OF THE CLEARING HOUSE ASSOCIATION L.L.C. (ASSOCIATION) HAS NOT ADOPTED A WRITTEN DOCUMENT RETENTION AND DESTRUCTION POLICY FOR THE ASSOCIATION PER SE, THE ASSOCIATION'S RELATED ORGANIZATION, THE CLEARING HOUSE PAYMENTS COMPANY L.L.C., HAS DONE SO, AND THAT POLICY APPLIES TO ASSOCIATION MATTERS.
FORM 990, PART XI, LINE 9:CUMULATIVE DIVIDEND PAID OR DECLARED ON CLASS A PREFERRED INTERESTS 292,030.

Schedule R IRS990ScheduleR

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp

Related Organization Name RelatedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1THE CLEARING HOUSE PAYMENTS COMPANY LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line11114 AVE OF THE AMERICASAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10036ZIPCd
FieldValueIRS element (for citing)
EIN841650027EIN
Primary ActivitiesBANK CLEARINGPrimaryActivitiesTxt
Legal Domicile StateDELegalDomicileStateCd
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

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