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ONLINE LENDIER ALLIANCE: Form 990, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
ONLINE LENDIER ALLIANCE (EIN 20-2890680)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-07-27
IRS object ID
201622099349301267
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

FieldValueIRS element (for citing)
Return2016-07-27T15:41:45-05:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN273039838PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1STRATEGIC ACCOUNTING SERVICES INCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11800 DIAGONAL ROAD SUITE 600AddressLine1Txt
CityALEXANDRIACityNm
State AbbreviationVAStateAbbreviationCd
ZIP223142840ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN202890680EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ONLINE LENDERS ALLIANCEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlONLIBusinessNameControlTxt
Phone7035670327PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12001 JEFFERSON DAVIS HIGHWAYAddressLine1Txt
CityARLINGTONCityNm
State AbbreviationVAStateAbbreviationCd
ZIP222023607ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLISA S MCGREEVYPersonNm
Person TitlePRESIDENT & CEOPersonTitleTxt
Phone7035670327PhoneNum
Signature2016-07-27SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonPETER L HUDSON EAPreparerPersonNm
PTINP00304823PTIN
Phone7035275000PhoneNum
Preparation2016-07-27PreparationDt
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2016-12-15 16:53:06ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerLISA S MCGREEVYPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12001 JEFFERSON DAVIS HWY STE 407AddressLine1Txt
CityARLINGTONCityNm
State AbbreviationVAStateAbbreviationCd
ZIP222023607ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$4,710,935GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501cYes (X)Organization501cInd
Website AddressWWW.ONLINELENDERSALLIANCE.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2005FormationYr
Legal Domicile StateCOLegalDomicileStateCd
Activity Or MissionONLINE LENDERS ALLIANCE (OLA) IS A PROFESSIONAL TRADE ASSOCIATION REPRESENTING THE GROWING INDUSTRY OF ONLINE LENDERS. OLA IS VESTED IN THE SUCCESS OF ITS MEMBER COMPANIES AND THEIR CUSTOMERS IN ALL MATTERS RELATED TO ONLINE FINANCIAL SERVICES. OUR MISSION IS TO PROMOTE A DIVERSE AND RESPONSIBLE MARKETPLACE FOR ACCESS TO INNOVATIVE ONLINE FINANCIAL SERVICES THROUGH INDUSTRY SOLUTIONS TO ENSURE THE SAFETY AND SECURITY OF ONLINE TRANSACTIONS; AND EDUCATION, COMMUNICATION, COLLABORATION AND ADVOCACY WITH POLICY MAKERS AND OPINION LEADERS. OLA MEMBER COMPANIES ABIDE BY COMPREHENSIVE BEST PRACTICES AND A CODE OF CONDUCT.ActivityOrMissionDesc
Voting Members Governing Body12VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee7TotalEmployeeCnt
Total Volunteers100TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$4,180,770PYProgramServiceRevenueAmt
CY Program Service Revenue$4,708,266CYProgramServiceRevenueAmt
PY Investment Income$233PYInvestmentIncomeAmt
CY Investment Income$230CYInvestmentIncomeAmt
PY Other Revenue$2,457PYOtherRevenueAmt
CY Other Revenue$2,439CYOtherRevenueAmt
PY Total Revenue$4,183,460PYTotalRevenueAmt
CY Total Revenue$4,710,935CYTotalRevenueAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$702,368PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$806,430CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$3,653,619PYOtherExpensesAmt
CY Other Expenses$3,748,116CYOtherExpensesAmt
PY Total Expenses$4,355,987PYTotalExpensesAmt
CY Total Expenses$4,554,546CYTotalExpensesAmt
PY Revenues Less Expenses-$172,527PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$156,389CYRevenuesLessExpensesAmt
Total Assets BOY$1,174,657TotalAssetsBOYAmt
Total Assets EOY$1,429,067TotalAssetsEOYAmt
Total Liabilities BOY$112,435TotalLiabilitiesBOYAmt
Total Liabilities EOY$210,704TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$1,062,222NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,218,363NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionONLINE LENDERS ALLIANCE (OLA) IS A PROFESSIONAL TRADE ASSOCIATION REPRESENTING THE GROWING INDUSTRY OF ONLINE LENDERS. OLA IS VESTED IN THE SUCCESS OF ITS MEMBER COMPANIES AND THEIR CUSTOMERS IN ALL MATTERS RELATED TO ONLINE FINANCIAL SERVICES. OUR MISSION IS TO PROMOTE A DIVERSE AND RESPONSIBLE MARKETPLACE FOR ACCESS TO INNOVATIVE ONLINE FINANCIAL SERVICES THROUGH INDUSTRY SOLUTIONS TO ENSURE THE SAFETY AND SECURITY OF ONLINE TRANSACTIONS; AND EDUCATION, COMMUNICATION, COLLABORATION AND ADVOCACY WITH POLICY MAKERS AND OPINION LEADERS. OLA MEMBER COMPANIES ABIDE BY COMPREHENSIVE BEST PRACTICES AND A CODE OF CONDUCT.MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$3,979,120ExpenseAmt
Revenue$3,013,245RevenueAmt
DescTHE ONLINE LENDERS ALLIANCE (OLA), THE CENTER FOR LENDING, TECHNOLOGY AND INNOVATION, REPRESENTS THE GROWING INDUSTRY OF COMPANIES OFFERING LOANS ONLINE. OLA MEMBERS ABIDE BY A LIST OF BEST PRACTICES AND A CODE OF CONDUCT TO ENSURE THEIR CUSTOMERS ARE FULLY INFORMED AND FAIRLY TREATED.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$575,426ExpenseAmt
Revenue$1,695,021RevenueAmt
DescOLA CONFERENCES PROVIDE A FORUM FOR INFORMATION SHARING AND COLLABORATION AMONGST ONLINE LENDING PROFESSIONALS AROUND THE WORLD. THE CONFERENCES PROVIDE THE OPPORTUNITY TO CONNECT WITH INDUSTRY LEADERS, CONDUCT BUSINESS, LEARN NEW STRATEGIES TO DRIVE CHANGE IN THE INDUSTRY AND LEARN ABOUT INNOVATIVE PRODUCTS TO BETTER SERVE CUSTOMERS.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$4,554,546TotalProgramServiceExpensesAmt
Described In Section501c3falseDescribedInSection501c3Ind
Schedule B RequiredfalseScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Subject To Proxy TaxYes (true)SubjectToProxyTaxInd
Donor Advised FundfalseDonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentYes (true)ReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesfalseFundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsfalseGrantsToIndividualsInd
Schedule J RequiredYes (true)ScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document17IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (true)BackupWthldComplianceInd
Employee7EmployeeCnt
Employment Tax Returns FiledYes (true)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members12GoverningBodyVotingMembersCnt
Independent Voting Member11IndependentVotingMemberCnt
Family Or Business RlnfalseFamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersYes (true)MembersOrStockholdersInd
Election Of Board MembersYes (true)ElectionOfBoardMembersInd
Decisions Subject To ApprovaYes (true)DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnfalseAnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcfalseRegularMonitoringEnfrcInd
Whistleblower PolicyfalseWhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOYes (true)CompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ONLINE LENDERS ALLIANCEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7035670327PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12001 JEFFERSON DAVIS HIGHWAYAddressLine1Txt
Address Line2SUITE 407AddressLine2Txt
CityARLINGTONCityNm
State AbbreviationVAStateAbbreviationCd
ZIP222023607ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
SAMANTHA BENTSON
DIRECTOR1.00Yes (X)$0$0$0
KIRK CHARTIER
DIRECTOR1.00Yes (X)$0$0$0
DOUG CLARK
DIRECTOR1.00Yes (X)$0$0$0
MARK CURRY
DIRECTOR1.00Yes (X)$0$0$0
JOHN DALTON
DIRECTOR1.00Yes (X)$0$0$0
WILLIAM DUGAN
DIRECTOR1.00Yes (X)$0$0$0
GLENN MCKAY
DIRECTOR1.00Yes (X)$0$0$0
BART MILLER
TREASURER4.00Yes (X)$0$0$0Yes (X)
JOSH MITCHEM
DIRECTOR1.00Yes (X)$0$0$0
KEN REES
SECRETARY1.00Yes (X)$0$0$0Yes (X)
WALT WOJCIECHOWSKI
DIRECTOR1.00Yes (X)$0$0$0
LISA S MCGREEVY
PRESIDENT &40.00$443,125$0$46,642Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$443,125TotalReportableCompFromOrgAmt
Total Other Compensation$46,642TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K1IndivRcvdGreaterThan100KCnt
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (true)TotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
POLARIS GOVERNMENT RELATIONS
PO BOX 1304ALEXANDRIAVA22313GOV'T RELATIONS$600,235
COVINGTON & BURLING LLP
850 TENTH STREET NWWASHINGTONDC20001LEGAL$499,626
CATALYST GROUP
PO BOX 7143KANSAS CITYMO64113GOV'T RELATIONS$433,714
POLARIS HUTTON GROUP LLC
PO BOX 1304ALEXANDRIAVA22313GOV'T RELATIONS$212,233
THE MAJORITY GROUP
PO BOX 7505BOISEID83707GOV'T RELATIONS$180,725
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K5CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (4 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MEMBERSHIP DUES900099$2,636,298$2,636,298
CONFERENCE FEES900099$1,695,021$1,695,021
PROJECT INCOME900099$277,038$277,038
ASSESSMENTS900099$99,909$99,909
FieldValueIRS element (for citing)
Total Program Service Revenue$4,708,266TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$230TotalRevenueColumnAmt
Exclusion$230ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

FieldValueIRS element (for citing)
DescMISCELLANEOUS INCOMEDesc
Business900099BusinessCd
Total Revenue Column$2,439TotalRevenueColumnAmt
Related Or Exempt Func Income$2,439RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Other Revenue Total$2,439OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,710,935TotalRevenueColumnAmt
Related Or Exempt Func Income$4,710,705RelatedOrExemptFuncIncomeAmt
Exclusion$230ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$443,125TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$258,892TotalAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$27,329TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$37,475TotalAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$39,609TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$613,193TotalAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$57,824TotalAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$1,606,229TotalAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$209,145TotalAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$298,658TotalAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$64,438TotalAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$54,594TotalAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$40,695TotalAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$45,625TotalAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$575,426TotalAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$1,548TotalAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescBAD DEBT EXPENSEDesc
Total$180,741TotalAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$4,554,546TotalAmt
Program Services$0ProgramServicesAmt
Management And General$0ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$659,090BOYAmt
EOY$524,578EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$319,249BOYAmt
EOY$770,048EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$165,055BOYAmt
EOY$109,138EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$21,787BOYAmt
EOY$17,374EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$8,194LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$3,634LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$6,107BOYAmt
EOY$4,560EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$3,369BOYAmt
EOY$3,369EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$1,174,657BOYAmt
EOY$1,429,067EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$41,284BOYAmt
EOY$135,653EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$71,151BOYAmt
EOY$75,051EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$112,435BOYAmt
EOY$210,704EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,062,222BOYAmt
EOY$1,218,363EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,062,222BOYAmt
EOY$1,218,363EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$1,174,657BOYAmt
EOY$1,429,067EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$156,389ReconcilationRevenueExpnssAmt
Prior Period Adjustments-$248PriorPeriodAdjustmentsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Substantially All Dues NondedfalseSubstantiallyAllDuesNondedInd
Only In House LobbyingfalseOnlyInHouseLobbyingInd
Agree Carryover Prior YearYes (true)AgreeCarryoverPriorYearInd
Dues Assessments$2,636,298DuesAssessmentsAmt
Non Deductible Lbbyng Pltcl CY$1,606,229NonDeductibleLbbyngPltclCYAmt
Non Ded Lbbyng Pltcl Cyov$363,392NonDedLbbyngPltclCyovAmt
Non Deductible Lbbyng Pltcl Tot$1,969,621NonDeductibleLbbyngPltclTotAmt
Aggregate Reported Dues Ntc$1,581,779AggregateReportedDuesNtcAmt
Carried Over$387,842CarriedOverAmt

Schedule D IRS990ScheduleD

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$8,194OtherCostOrOtherBasisAmt
Depreciation$3,634DepreciationAmt
Book Value$4,560BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$4,560TotalBookValueLandBuildingsAmt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Written Employment ContractYes (X)WrittenEmploymentContractInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance PaymentfalseSeverancePaymentInd
Supplemental Nonqual Rtr PlanfalseSupplementalNonqualRtrPlanInd
Equity Based Comp ArrngmfalseEquityBasedCompArrngmInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonLISA S MCGREEVYPersonNm
TitlePRESIDENT & CEOTitleTxt
Base Compensation Filing Org$393,125BaseCompensationFilingOrgAmt
Bonus Filing Organization$50,000BonusFilingOrganizationAmount
Deferred Compensation Flng Org$19,804DeferredCompensationFlngOrgAmt
Nontaxable Benefits Filing Org$26,838NontaxableBenefitsFilingOrgAmt
Total Compensation Filing Org$489,767TotalCompensationFilingOrgAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990 - ORGANIZATION'S MISSIONONLINE LENDERS ALLIANCE (OLA) IS A PROFESSIONAL TRADE ASSOCIATION REPRESENTING THE GROWING INDUSTRY OF ONLINE LENDERS. OLA IS VESTED IN THE SUCCESS OF ITS MEMBER COMPANIES AND THEIR CUSTOMERS IN ALL MATTERS RELATED TO ONLINE FINANCIAL SERVICES. OUR MISSION IS TO PROMOTE A DIVERSE AND RESPONSIBLE MARKETPLACE FOR ACCESS TO INNOVATIVE ONLINE FINANCIAL SERVICES THROUGH INDUSTRY SOLUTIONS TO ENSURE THE SAFETY AND SECURITY OF ONLINE TRANSACTIONS; AND EDUCATION, COMMUNICATION, COLLABORATION AND ADVOCACY WITH POLICY MAKERS AND OPINION LEADERS. OLA MEMBER COMPANIES ABIDE BY COMPREHENSIVE BEST PRACTICES AND A CODE OF CONDUCT.
FORM 990, PAGE 6, PART VI, LINE 6ONLINE LENDERS ALLIANCE HAS MEMBER ORGANIZATIONS THAT PAY VARIOUS LEVELS OF MEMBERSHIP DUES.
FORM 990, PAGE 6, PART VI, LINE 7AONLINE LENDERS ALLIANCE IS GOVERNED BY A BOARD OF DIRECTORS. THE BOARD CONSISTS OF SELECTED REPRESENTATIVES OF REGULAR AND RETAIL MEMBERS.
FORM 990, PAGE 6, PART VI, LINE 7BAPPROVAL BY THE REGULAR MEMBERS MUST BE OBTAINED FOR THE FOLLOWING ACTIONS AND ANY OTHER MATTERS PLACED BEFORE THE MEMBERSHIP BOARD: 1) REMOVING A DIRECTOR, 2) AMENDING THE ARTICLES OF INCORPORATION, 3) ELECTING TO WIND UP AND DISSOLVE THE CORPORATION, 4) APPROVING A PLAN OF MERGER OR CONSOLIDATION, AND 5) DISPOSING OF ALL OR SUBSTANTIALLY ALL OF THE ORGANZIATION'S ASSETS.
FORM 990, PAGE 6, PART VI, LINE 11BTHE ORGANIZATION SENDS A DRAFT OF THE FORM 990 TO THE SENIOR MANAGEMENT AND THE BOARD OF DIRECTORS VIA EMAIL. COMMENTS AND QUESTIONS OF THE REVIEWING INDIVIDUALS ARE ADDRESSED BY THOSE RESPONSIBLE FOR PREPARING THE FORM 990, AND APPROPRIATE MODIFICATIONS ARE MADE BEFORE THE FORM 990 IS FILED.
FORM 990, PAGE 6, PART VI, LINE 15ATHE CEO IS THE ONLY OFFICER OF THE ORGANIZATION THAT RECEIVES COMPENSATION. ALL COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. THE CEO IS NOT ALLOWED TO PARTICIPATE IN THE BOARD OF DIRECTORS' DELIBERATIONS PERTAINING TO HIS/HER OWN COMPENSATION.
FORM 990, PAGE 6, PART VI, LINE 19THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC.