EPAYRESOURCES: Form 990, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- EPAYRESOURCES (EIN 23-7382708)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-11-15
- IRS object ID
- 201643209349315804
- Schema version
- 2015v2.1
- 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-11-15T17:00:59-06:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 201 N HARRISON STREET SUITE 300 | AddressLine1Txt |
| City | DAVENPORT | CityNm |
| State Abbreviation | IA | StateAbbreviationCd |
| ZIP | 528011999 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2015-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237382708 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SOUTHWESTERN AUTOMATED CLEARING | BusinessNameLine1Txt |
| Business Name Line2 | HOUSE ASSOCIATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SOUT | BusinessNameControlTxt |
| Phone | 2149540585 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1999 BRYAN STREET NO 3600 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75201 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LAURA STEELE | PersonNm |
| Person Title | CEO | PersonTitleTxt |
| Phone | 2149540585 | PhoneNum |
| Signature | 2016-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN J ROMANO | PreparerPersonNm |
| PTIN | P00227323 | PTIN |
| Phone | 5638884000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | LAURA STEELE | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1999 BRYAN STREET NO 3600 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $2,954,078 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c | Yes (X) | Organization501cInd |
| Website Address | WWW.SWACHA.ORG | WebsiteAddressTxt |
| Type Of Organization Assoc | Yes (X) | TypeOfOrganizationAssocInd |
| Formation | 1974 | FormationYr |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Activity Or Mission | 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 SWACHA'S EDUCATIONAL PURPOSE. | ActivityOrMissionDesc |
| Voting Members Governing Body | 17 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 17 | VotingMembersIndependentCnt |
| Total Employee | 19 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,211,582 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,226,970 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $693,588 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $725,077 | CYProgramServiceRevenueAmt |
| PY Investment Income | $1,674 | PYInvestmentIncomeAmt |
| CY Investment Income | $2,031 | CYInvestmentIncomeAmt |
| PY Other Revenue | $219 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $2,907,063 | PYTotalRevenueAmt |
| CY Total Revenue | $2,954,078 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $0 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $1,765,787 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $1,550,282 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,272,946 | PYOtherExpensesAmt |
| CY Other Expenses | $1,170,944 | CYOtherExpensesAmt |
| PY Total Expenses | $3,038,733 | PYTotalExpensesAmt |
| CY Total Expenses | $2,721,226 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$131,670 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $232,852 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $1,695,483 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,624,462 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $679,590 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $506,386 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,015,893 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $1,118,076 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | 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 SWACHA'S EDUCATIONAL PURPOSE. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Desc | WORKSHOPS AND TELESEMINARS PROVIDE SUPPORT TO MEMBERS TO FURTHER THEEDUCATION PURPOSE OF ITS MEMBERS.1 CONFERENCE - 101 TOTAL ATTENDEES55 WORKSHOPS - 547 ATTENDEES156 WEBINARS - 5,207 PARTICIPANTS | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PUBLICATION SALES EDUCATE AND ASSIST MEMBER AND NON-MEMBER ORGANIZATIONS IN THE AREAS OF ACH AND ELECTRONIC FUND TRANSFERS. 12,894 PUBLICATIONS SOLD | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | 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 - 358 ATTENDEES32 FRAUD COMMITTEE MEETINGS - 826 ATTENDEES | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ANSWERLINE - A HOTLINE FOR MEMBERS TO ASK ACH AND OTHER PAYMENT QUESTIONS. QUESTIONS GENERALLY ARE ABOUT THE ACH RULES AND COMPLIANCE. THERE WERE 2,392 CALLS IN 2015. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Described In Section501c3 | 0 | DescribedInSection501c3Ind |
| Schedule B Required | 0 | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Subject To Proxy Tax | Yes (1) | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Temp Or Permanent Endowments | 0 | TempOrPermanentEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With Officer Ent | 0 | BusinessRlnWithOfficerEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | Yes (1) | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | Yes (1) | TransactionWithControlEntInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 20 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 19 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 17 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 17 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | Yes (1) | MembersOrStockholdersInd |
| Election Of Board Members | Yes (1) | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | 0 | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | 0 | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | TX | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CINDY MCSPADDEN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2144384508 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1999 BRYAN STREET SUITE 3600 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75201 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (21 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | OfficerOfficerInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd | Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd |
|---|---|---|---|---|---|---|---|---|
| RENE AVILA | ||||||||
| BOARD MEMBER | 0.25 | Yes (X) | $0 | $0 | $0 | |||
| MARTIN BELL | ||||||||
| BOARD CHAIRMAN | 0.25 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| KEN CLAYTON | ||||||||
| BOARD MEMBER | 0.25 | Yes (X) | $0 | $0 | $0 | |||
| PETER DAVEY | ||||||||
| BOARD MEMBER | 0.25 | Yes (X) | $0 | $0 | $0 | |||
| GAIL ENDA | ||||||||
| BOARD MEMBER | 0.25 | Yes (X) | $0 | $0 | $0 | |||
| RHONDA FESTERVAND | ||||||||
| BOARD MEMBER | 0.25 | Yes (X) | $0 | $0 | $0 | |||
| MARK FEW | ||||||||
| BOARD MEMBER | 0.25 | Yes (X) | $0 | $0 | $0 | |||
| JEFF FOOTE | ||||||||
| BOARD SECRETARY/TREASURER | 0.25 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| KATHY GARNER | ||||||||
| BOARD MEMBER | 0.25 | Yes (X) | $0 | $0 | $0 | |||
| CHET KIMMELL | ||||||||
| BOARD MEMBER | 0.25 | Yes (X) | $0 | $0 | $0 | |||
| RHONDA KLEINECKE | ||||||||
| BOARD VICE CHAIR | 0.25 | Yes (X) | $0 | $0 | $0 | Yes (X) | ||
| ANDY LITTLEJOHN | ||||||||
| BOARD MEMBER | 0.25 | Yes (X) | $0 | $0 | $0 | |||
| JOHN ORY | ||||||||
| BOARD MEMBER | 0.25 | Yes (X) | $0 | $0 | $0 | |||
| WOODY SCHICK | ||||||||
| BOARD MEMBER | 0.25 | Yes (X) | $0 | $0 | $0 | |||
| CHARLIE SCHUCHARDT | ||||||||
| BOARD MEMBER | 0.25 | Yes (X) | $0 | $0 | $0 | |||
| DONOVAN SHAND | ||||||||
| BOARD MEMBER | 0.25 | Yes (X) | $0 | $0 | $0 | |||
| BRANDY YOUNG | ||||||||
| BOARD MEMBER | 0.25 | Yes (X) | $0 | $0 | $0 | |||
| CATHY JONES | ||||||||
| VP OF FINANCE AND OPERATIONS | 40.00 | $100,150 | $0 | $15,917 | Yes (X) | |||
| LAURA STEELE | ||||||||
| PRESIDENT/CEO | 40.00 | $210,100 | $0 | $31,376 | Yes (X) | |||
| TIM QUISENBERRY | ||||||||
| SVP - MEMBER SERVICES | 40.00 | $116,200 | $0 | $16,187 | Yes (X) | |||
| DENNIS SIMMONS | ||||||||
| FORMER PRESIDENT/CEO | 40.00 | $156,524 | $0 | $0 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $582,974 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $63,480 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 4 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | Yes (1) | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (4 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| INSPERITY | |||||
| 545 E JOHN CARPENTER FWY 1200 | IRVING | TX | 75062 | PEO SALARIES AND BENEFITS | $1,502,844 |
| NACHA | |||||
| 2550 WASSER TERRACE | HERDON | VA | 20170 | ASSOCIATION | $305,111 |
| PRINCIPAL FINANCIAL | |||||
| PO BOX 30429 | RALEIGH | NC | 27622 | RETIREMENT PLAN | $269,633 |
| FPG-DMT HARWOOD CENTER | |||||
| 1999 BRYAN STREET | DALLAS | TX | 75201 | PROPERTY MANAGER | $197,129 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 4 | CntrctRcvdGreaterThan100KCnt |
| Membership Dues | $2,226,970 | MembershipDuesAmt |
| Total Contributions | $2,226,970 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (3 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| PUBLICATIONS | 611710 | $422,260 | $422,260 |
| SEMINARS | 611710 | $285,877 | $285,877 |
| RISK MANAGEMENT | 611710 | $16,940 | $16,940 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $725,077 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,031 | TotalRevenueColumnAmt |
| Exclusion | $2,031 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $2,954,078 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $725,077 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,031 | ExclusionAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $357,543 | TotalAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,192,739 | TotalAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $9,755 | TotalAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $22,572 | TotalAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $11,672 | TotalAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,637 | TotalAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $94,708 | TotalAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $107,927 | TotalAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $185,962 | TotalAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $157,590 | TotalAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $140,379 | TotalAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $29,076 | TotalAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,291 | TotalAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt |
|---|---|
| DATA PROCESSING | $129,946 |
| NACHA DUES | $76,915 |
| REPAIRS AND MAINTENANCE | $59,014 |
| TELEPHONE | $43,394 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $79,106 | TotalAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,721,226 | TotalAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $462,914 | BOYAmt |
| EOY | $494,260 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $700,000 | BOYAmt |
| EOY | $750,000 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $274,627 | BOYAmt |
| EOY | $293,264 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,408 | BOYAmt |
| EOY | $85,446 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $300,822 | BOYAmt |
| EOY | $178,324 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $676,260 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $645,110 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $30,008 | BOYAmt |
| EOY | $31,150 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | -$77,296 | BOYAmt |
| EOY | -$207,982 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,695,483 | BOYAmt |
| EOY | $1,624,462 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $653,101 | BOYAmt |
| EOY | $470,339 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $26,489 | BOYAmt |
| EOY | $36,047 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $679,590 | BOYAmt |
| EOY | $506,386 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
Unrestricted Net Assets UnrestrictedNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,015,893 | BOYAmt |
| EOY | $1,118,076 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,015,893 | BOYAmt |
| EOY | $1,118,076 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,695,483 | BOYAmt |
| EOY | $1,624,462 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $232,852 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | -$130,669 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule C IRS990ScheduleC
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantially All Dues Nonded | 0 | SubstantiallyAllDuesNondedInd |
| Only In House Lobbying | Yes (1) | OnlyInHouseLobbyingInd |
| Agree Carryover Prior Year | 0 | AgreeCarryoverPriorYearInd |
Schedule D IRS990ScheduleD
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $171,150 | OtherCostOrOtherBasisAmt |
| Depreciation | $153,022 | DepreciationAmt |
| Book Value | $18,128 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $505,110 | OtherCostOrOtherBasisAmt |
| Depreciation | $492,088 | DepreciationAmt |
| Book Value | $13,022 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $31,150 | TotalBookValueLandBuildingsAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART X, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE INTERNAL REVENUE SERVICE HAS RULED THAT SOUTHWESTERN AUTOMATED CLEARING HOUSE ASSOCIATION (ASSOCIATION) 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 THE ASSOCIATION'S TAX POSITIONS AND CONCLUDED THAT THE ASSOCIATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. THE ASSOCIATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE OR LOCAL TAX AUTHORITIES FOR YEARS BEFORE 2012. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LAURA STEELE | ||||||||||||||
| PRESIDENT/CEO | $186,100 | $0 | $24,000 | $0 | $0 | $0 | $23,803 | $0 | $7,573 | $0 | $241,476 | $0 | $0 | $0 |
| DENNIS SIMMONS | ||||||||||||||
| FORMER PRESIDENT/CEO | $0 | $0 | $0 | $0 | $156,524 | $0 | $0 | $0 | $0 | $0 | $156,524 | $0 | $0 | $0 |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 6 | THE "OWNERS" OF THE ASSOCIATION ARE FEDERALLY INSURED DEPOSITORY INSTITUTIONS WHO MAINTAIN MEMBERSHIPS IN THE TRADE ASSOCIATION. |
| FORM 990, PART VI, SECTION A, LINE 7A | THE "OWNERS" OF THE ASSOCIATION ARE FEDERALLY INSURED DEPOSITORY INSTITUTIONS WHO MAINTAIN MEMBERSHIP IN THE TRADE ASSOCIATION AND ELECT THE BOARD OF DIRECTORS. |
| 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 11 | 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 SWACHA SERVICES CORPORATION -130,669. |
| FORM 990, PART XII, LINE 2C: | THE OVERSIGHT AND SELECTION PROCESS HAS NOT CHANGED FROM PRIOR TAX YEARS. |
Schedule R IRS990ScheduleR
Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp
Related Organization Name RelatedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SWACHA SERVICES CORPORATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1999 BRYAN STREET SUITE 3600 | AddressLine1Txt |
| City | DALLAS | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 75201 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 263977950 | EIN |
| Primary Activities | CONSULTING | PrimaryActivitiesTxt |
| Legal Domicile State | TX | LegalDomicileStateCd |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SWACHA SERVICES CORPORATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Entity Type | C | EntityTypeTxt |
| Share Of Total Income | -$130,669 | ShareOfTotalIncomeAmt |
| Share Of EOY Assets | $73,496 | ShareOfEOYAssetsAmt |
| Ownership | 1.00000 | OwnershipPct |
| Controlled Organization | Yes (1) | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp
Other Organization Name OtherOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SWACHA SERVICES CORPORATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | O | TransactionTypeTxt |
| Involved | $218,735 | InvolvedAmt |
| Method Of Amount Determination | FAIR MARKET VALUE | MethodOfAmountDeterminationTxt |