2018-01-31T09:59:46-06:00 2016-12-31 420714325 RSM US LLP 201 N HARRISON STREET SUITE 300 DAVENPORT IA 528011999 990 2016-01-01 237382708 EPAYRESOURCES EPAY 2149540585 1999 BRYAN STREET NO 3600 DALLAS TX 75201 CINDY MCSPADDEN VP OF FINANCE AND ADMINISTRATION 2149540585 2018-01-30 1 JOHN J ROMANO P00227323 5638884000 108.171.131.187 2018-01-30 15:20:26 CS P B876A155820338ED437F0CF2305A406FA7BE98CD 19C5BF97776B62867376EAC7317F804689DFFB56 2016 2021-01-29 14:40:06Z CINDY MCSPADDEN 1999 BRYAN STREET NO 3600 DALLAS TX 75201 4085174 0 X WWW.EPAYRESOURCES.ORG X 1974 TX ORGANIZATION PROVIDES EDUCATION, TRAINING AND SUPPORT ON BOTH THE OPERATIONAL AND MARKETING ASPECTS OF AUTOMATED CLEARING AND ELECTRONIC FUNDS TRANSFER SYSTEMS TO MEMBER BANKS, S&L'S, AND CREDIT UNIONS. THE SEMINARS AND WORKSHOPS ALSO OFFER MEMBERS OPPORTUNITIES TO EXCHANGE IDEAS AND FURTHER EPAYRESOURCES'S EDUCATIONAL PURPOSE. 22 22 24 0 0 0 2226970 3069648 725077 1006063 2031 7088 0 2375 2954078 4085174 0 0 0 0 1550282 2016595 0 0 0 1170944 1732303 2721226 3748898 232852 336276 1624462 4064888 506386 671544 1118076 3393344 X ORGANIZATION PROVIDES EDUCATION, TRAINING AND SUPPORT ON BOTH THE OPERATIONAL AND MARKETING ASPECTS OF AUTOMATED CLEARING AND ELECTRONIC FUNDS TRANSFER SYSTEMS TO MEMBER BANKS, S&L'S, AND CREDIT UNIONS. THE SEMINARS AND WORKSHOPS ALSO OFFER MEMBERS OPPORTUNITIES TO EXCHANGE IDEAS AND FURTHER EPAYRESOURCES'S EDUCATIONAL PURPOSE. 0 0 WORKSHOPS AND TELESEMINARS PROVIDE SUPPORT TO MEMBERS TO FURTHER THEEDUCATION PURPOSE OF ITS MEMBERS.2 CONFERENCES - 324 TOTAL ATTENDEES135 WORKSHOPS - 1,803 ATTENDEES311 WEBINARS - 1,624 PARTICIPANTS PUBLICATION SALES EDUCATE AND ASSIST MEMBER AND NON-MEMBER ORGANIZATIONS IN THE AREAS OF ACH AND ELECTRONIC FUND TRANSFERS. 17,618 PUBLICATIONS SOLD RISK MANAGEMENT INFORMS MEMBERS OF ISSUES RELATING TO BANK SECURITY AND FRAUDULENT ACTIVITIES. ROBBERY REWARD ENCOURAGES MEMBERS TO ASSIST IN THE APPREHENSION OF CRIMINALS.5 FBI CRIME DAY EVENTS - 294 ATTENDEES27 FRAUD COMMITTEE MEETINGS - 559 ATTENDEES ANSWERLINE - A HOTLINE FOR MEMBERS TO ASK ACH AND OTHER PAYMENT QUESTIONS. QUESTIONS GENERALLY ARE ABOUT THE ACH RULES AND COMPLIANCE. THERE WERE 2,430 CALLS IN 2016. 0 0 0 1 0 0 0 0 0 1 0 0 0 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 1 0 1 9 0 1 24 1 0 0 0 0 0 0 X 22 22 0 0 0 0 1 0 0 1 0 0 0 0 1 1 1 0 0 1 1 0 X CINDY MCSPADDEN 2144384508 1999 BRYAN STREET SUITE 3600 DALLAS TX 75201 BILL ALBERT BOARD MEMBER 0.25 X 0 0 0 RENE AVILA BOARD MEMBER 0.25 X 0 0 0 MARTIN BELL BOARD MEMBER 0.25 X 0 0 0 DAVID BROCK BOARD MEMBER 0.25 X 0 0 0 WANDA CHAMBERS BOARD MEMBER 0.25 X 0 0 0 KEN CLAYTON FORMER BOARD MEMBER 0.25 X 0 0 0 PETER DAVEY FORMER BOARD MEMBER 0.25 X 0 0 0 GAIL ENDA BOARD MEMBER 0.25 X 0 0 0 RHONDA FESTERVAND FORMER BOARD MEMBER 0.25 X 0 0 0 MARK FEW BOARD MEMBER 0.25 X 0 0 0 JAMES FLAIG BOARD MEMBER 0.25 X 0 0 0 JOSEPH FLANNERY BOARD MEMBER 0.25 X 0 0 0 JEFF FOOTE BOARD SECRETARY 0.25 X X 0 0 0 KATHY GARNER BOARD MEMBER 0.25 X 0 0 0 TOM HEINZMANN BOARD MEMBER 0.25 X 0 0 0 ART HILGERT FORMER BOARD MEMBER 0.25 X 0 0 0 CHET KIMMELL FORMER BOARD MEMBER 0.25 X 0 0 0 RHONDA KLEINECKE BOARD VICE CHAIR 0.25 X X 0 0 0 ANDY LITTLEJOHN FORMER BOARD MEMBER 0.25 X 0 0 0 RON MALBURG BOARD MEMBER 0.25 X 0 0 0 JOHN ORY BOARD MEMBER 0.25 X 0 0 0 DAWN PATTON BOARD MEMBER 0.25 X 0 0 0 RICK RHOADS TREASURER 0.25 X X 0 0 0 WOODY SCHICK FORMER BOARD MEMBER 0.25 X 0 0 0 CHARLIE SCHUCHARDT BOARD MEMBER 0.25 X 0 0 0 DONOVAN SHAND FORMER BOARD MEMBER 0.25 X 0 0 0 W CHRISTOPHER STAAB BOARD MEMBER 0.25 X 0 0 0 TIM THORSON BOARD MEMBER 0.25 X 0 0 0 ALICIA TREADWAY BOARD CHAIRMAN 0.25 X X 0 0 0 BRANDY YOUNG BOARD MEMBER 0.25 X 0 0 0 CATHY JONES FORMER VP OF FINANCE AND OPERATIONS 40.00 X 57841 0 6892 CINDY MCSPADDEN VP OF FINANCE AND ADMINISTRATION 40.00 X 47369 0 8634 LAURA STEELE PRESIDENT/CEO 40.00 X 235028 0 33278 TIM QUISENBERRY SVP - MEMBER SERVICES 40.00 X 118610 0 21922 458848 0 70726 4 0 1 0 INSPERITY 545 E JOHN CARPENTER FWY 1200 IRVING TX 75062 PEO SALARIES AND BENEFITS 1480986 PRINCIPAL FINANCIAL PO BOX 30429 RALEIGH NC 27622 RETIREMENT PLAN 218860 NACHA 2550 WASSER TERRACE HERDON VA 20170 NATIONAL MEMBERSHIP 188311 FPG-DMT HARWOOD CENTER 1999 BRYAN STREET DALLAS TX 75201 CORPORATE OFFICE 181866 4 3069648 3069648 SEMINARS 611710 667329 667329 PUBLICATIONS 611710 323581 323581 RISK MANAGEMENT 611710 15153 15153 1006063 7088 7088 OTHER INCOME 900099 2375 2375 2375 4085174 1008438 0 7088 389042 1376129 224622 26802 3049 24600 4382 1962 119302 120159 223926 226086 181660 48220 30298 DATA PROCESSING 170945 COST OF GOODS SOLD 158525 NACHA DUES 111536 MERGER EXPENSES 76828 230825 3748898 494260 705778 750000 2601813 293264 773880 85446 111089 178324 111424 905885 816962 31150 88923 -207982 -328019 1624462 4064888 470339 409499 36047 80575 0 181470 506386 671544 X 1118076 3393344 1118076 3393344 1624462 4064888 X 336276 1938992 X X 0 1 X 1 0 0 1 0 209825 197560 12265 696060 619402 76658 88923 DEFERRED COMPENSATION 181470 181470 X PART X, LINE 2: THE INTERNAL REVENUE SERVICE HAS RULED THAT EPAYRESOURCES IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(6) OF THE INTERNAL REVENUE CODE. INCOME TAX PROVISIONS ARE BASED ON AMOUNTS ESTIMATED TO BE PAYABLE PURSUANT TO CONSOLIDATED FEDERAL INCOME AND APPLICABLE STATE INCOME AND FRANCISE TAX RETURNS FILED BY SWACHA SERVICES CORPORATION (SSC). THESE INCOME TAXES ARE IMMATERIAL TO THE CONSOLIDATED FINANCIAL STATEMENTS. MANAGEMENT EVALUATED EPAYRESOURCES' TAX POSITIONS AND CONCLUDED THAT EPAYRESOURCES HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. X X X 0 0 0 LAURA STEELE PRESIDENT/CEO 190080 0 35348 0 9600 0 19360 0 13918 0 268306 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 THE MEMBERS OF EPAYRESOURCES APPROVE SIGNIFICANT DECISIONS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 8B VERBAL REPORTS OF COMMITTEE ACTIONS SUCH AS THE AUDIT COMMITTEE OR COMPENSATION COMMITTEE ARE MADE TO THE BOARD AT ITS REGULAR MEETINGS. THESE REPORTS ARE THEN DOCUMENTED IN THE MINUTES OF THE BOARD MEETING. THE EXECUTIVE COMMITTEE HAS THE AUTHORITY TO ACT BETWEEN BOARD MEETINGS AND, IF ACTIONS ARE TAKEN BETWEEN MEETINGS, THOSE ACTIONS ARE REFLECTED IN MINUTES OF THE EXECUTIVE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS DOES NOT REVIEW THE 990 PRIOR TO BEING FILED. THE INFORMATION FOR FORM 990 IS REVIEWED IN DETAIL BY THE PRESIDENT AND CEO AND THE PERSON RESPONSIBLE FOR THE FINANCIAL RECORDS PRIOR TO SUBMISSION TO AN INDEPENDENT TAX PREPARER. THE COMPLETED 990 IS ALSO REVIEWED BY THE SAME TWO PARTIES PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE GOVERNING BODY MEMBER ANNUAL QUESTIONNAIRE WILL BE COMPLETED ON AN ANNUAL BASIS TO IDENTIFY ANY POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15 A COMPARATIVE ANALYSIS OF THE CHIEF STAFF OFFICER IS PERFORMED ANNUALLY USING INFORMATION FROM THE SALARY SURVEYS OF THE AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES (ASAE). A MATRIX IS PREPARED THAT ANALYZES THE SALARY OF COMPARABLE CEOS RELATING TO STAFF SIZE, ANNUAL OPERATING BUDGETS, INDUSTRY SERVED AND GEOGRAPHIC LOCATION. THE MATRIX CONTAINS THE AVERAGE, MEDIAN, LOWER QUARTILE AND TOP QUARTILE OF TOTAL CEO COMPENSATION. THE BOARD OF DIRECTORS REVIEWS THIS MATRIX AND APPROVES THE CEO TOTAL COMPENSATION PACKAGE. A COMPARATIVE ANALYSIS OF THE ORGANIZATION'S OFFICERS WAS PERFORMED IN 2015 USING INFORMATION FROM THE SALARY SURVEYS OF THE AMERICAN SOCIETY OF ASSOCIATION EXECUTIVES (ASAE). A MATRIX WAS PREPARED THAT ANALYZES THE SALARY OF COMPARABLE POSITIONS. THE MATRIX CONTAINS THE AVERAGE, MEDIAN, LOWER QUARTILE AND TOP QUARTILE OF TOTAL OFFICER COMPENSATION. THE BOARD OF DIRECTORS REVIEWED THIS MATRIX AND APPROVES THE OFFICERS' TOTAL COMPENSATION PACKAGE. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE MADE AVAILABLE FOR INSPECTION IN OUR OFFICES UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN INVESTMENT IN EPAYADVISORS, INC. -135,513. NET ASSETS TRANSFERRED FROM EASTPAY, INC. 2,074,505. FORM 990, PART XII, LINE 2C: THE OVERSIGHT AND SELECTION PROCESS HAS NOT CHANGED FROM PRIOR TAX YEARS. FORM 990, PART XI, LINE 9: EFFECTIVE AUGUST 1 2016, SOUTHWESTERN AUTOMATED CLEARING HOUSE ASSOCIATION (SURVIVING ORGANIZATION) AND EASTPAY, INC. MERGED, AND THE SURVIVING ORGANIZATION WAS RENAMED EPAYRESOURCES. THE PLAN OF MERGER STATES THAT "THE ASSETS, LIABILITIES, RESERVES, AND ACCOUNTS OF EASTPAY, INC. SHALL BE TAKEN UP ON THE BOOKS OF THE SURVIVING ORGANIZATION AT THE AMOUNTS AT WHICH THEY ARE THEN CARRIED ON THE RESPECTIVE BOOKS OF EASTPAY, INC." AS PER THE PLAN OF MERGER, EASTPAY, INC.'S NET ASSET BALANCE AS OF THE DATE OF MERGER WERE TRANSFERRED TO THE SURVIVING ORGANIZATION. EPAYADVISORS INC 1999 BRYAN STREET SUITE 3600 DALLAS TX 75201 263977950 CONSULTING TX EPAYRESOURCES C -67620 480418 1.00000 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 EPAYADVISORS INC O 207428 FAIR MARKET VALUE