Western Payments Alliance
- Assets
- $5.3m
- Revenue
- $4.9m
- Investments
- $1.6k
- Employees
- 24
- Location
- San Francisco, CA
- Founding
- 04/1973
- Data as of
- 12/2021
- EIN
- 23-7240059
Organization Overview
Western Payments Alliance is located in San Francisco, CA. The organization was established in 1973. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Western Payments Alliance employed 24 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Western Payments Alliance is a 501(c)(6) and as such, is described as a "Business League, Chambers of Commerce, or Real Estate Board" by the IRS.
For the year ending 12/2021, Western Payments Alliance generated $4.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $4.5m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BUILDING AND SHARING KNOWLEDGE TO GUIDE MEMBERS THROUGHOUT THEIR PAYMENTS JOURNEY FROM CONCEPT TO OPERATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MEMBER EDUCATION - WESTERN PAYMENTS ALLIANCE OFFERS TRAINING IN 3 CHANNELS: FACE-TO-FACE WORKSHOPS, WEBINARS AND WEBCASTS. THE ORGANIZATION OFFERS IN-PERSON WORKSHOPS IN EVERY STATE THROUGHOUT ITS SERVICE TERRITORY. WESTERN PAYMENTS ALLIANCE OFFERS AN AVERAGE OF 8 - 10 WEBINAR TOPICS EACH MONTH AND NOW HAVE 80 TOPICS IN OUR ONLINE LIBRARY. WESPAY ALSO OFFERS IN-HOUSE MEMBER TRAINING AND MEMBER-SPONSORED CORPORATE TRAINING.
ADVISORY SERVICES INCLUDE RULE AND COMPLIANCE ADVICE FOR VARIOUS PAYMENT CHANNELS THAT INCLUDE ACH, CHECK, WIRE, MOBILE, REMOTE DEPOSIT CAPTURE, CARD AND REAL TIME PAYMENTS.
INFORMATION SERVICES INCLUDE PAYMENTS HOTLINE, WEBSITE AND MONTHLY MEMBER COMMUNICATIONS. PAYMENTS HOTLINE IS STAFFED BY 10 INDUSTRY-CERTIFIED EMPLOYEES. THE ORGANIZATION'S WEBSITE IS A CRITICAL INTERFACE WITH ITS MEMBERS FOR MEMBER COMMUNICATIONS. THE ORGANIZATION HAS A MONTHLY DIGEST OF PAYMENT EVENTS AND WEEKLY RULES REMINDERS. IN ADDITION, IT HOSTS FREE QUARTERLY MEMBERSHIP UPDATES. A VIRTUAL MEMBER COMMUNITY, CONNECT, WAS ESTABLISHED TO ENABLE MEMBERS' INTERACTION TO POST INFORMATION, QUESTIONS AND UPDATES FOR OTHER MEMBERS TO READ AND PROVIDE RESPONSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
William Schoch President & CEO | OfficerTrustee | 38.5 | $510,000 |
Christian Selmi Mp Svp, Risk And Compliance | 39.5 | $230,550 | |
John Curtis Svp, Education And Trainin | 39.5 | $189,100 | |
Melissa Gidden Svp, Payments Strategy | 40 | $186,000 | |
Karroll Searcy Svp, Marketing And Member | 40 | $179,500 | |
Kim Bickford Svp, Industry Relations | 40 | $178,000 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Trinet Peo, Backoffice Hr Services | 12/30/21 | $3,533,132 |
Professional Development Group Ii Inc Conference Mgmt Services | 12/30/21 | $131,794 |
Charles Berkstresser Marketing Services | 12/30/21 | $119,064 |
Nimbleuserar Information Technology | 12/30/21 | $259,472 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $4,889,579 |
| Investment income | $57,157 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $50 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,947,832 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $64,611 |
| Compensation of current officers, directors, key employees. | $1,473,150 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,153,629 |
| Pension plan accruals and contributions | $157,908 |
| Other employee benefits | $367,725 |
| Payroll taxes | $173,819 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $173,623 |
| Advertising and promotion | $0 |
| Office expenses | $117,468 |
| Information technology | $331,309 |
| Royalties | $0 |
| Occupancy | $79,891 |
| Travel | $13,550 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $77,409 |
| Insurance | $42,503 |
| All other expenses | $45 |
| Total functional expenses | $4,488,292 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,244,854 |
| Savings and temporary cash investments | $2,019,434 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $228,630 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $306,019 |
| Net Land, buildings, and equipment | $466,806 |
| Investments—publicly traded securities | $532,985 |
| Investments—other securities | $1,572 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $532,165 |
| Total assets | $5,332,465 |
| Accounts payable and accrued expenses | $892,668 |
| Grants payable | $0 |
| Deferred revenue | $867,492 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $274,646 |
| Total liabilities | $2,034,806 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $3,297,659 |
| Total liabilities and net assets/fund balances | $5,332,465 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chinatown Service Center Los Angeles, CA | $26,778,687 | $27,867,616 |
Sag-Aftra & Industry Sound Recordings Distribution Fund Valley Village, CA | $48,142,351 | $13,604,136 |
Electric & Gas Industries Association Sacramento, CA | $14,735,713 | $15,175,016 |
American Pistachio Growers Fresno, CA | $11,494,323 | $15,365,842 |
National Council For Prescription Drug Programs Inc Scottsdale, AZ | $21,339,680 | $12,526,720 |
Travel Portland Portland, OR | $18,865,244 | $9,767,566 |
California Society Of Certified Public Accountants Burlingame, CA | $29,880,424 | $13,544,885 |
Scottsdale Convention And Vistors Bureau Inc Scottsdale, AZ | $8,006,659 | $12,242,411 |
Sustainable Apparel Coalition Inc Oakland, CA | $12,069,125 | $10,210,019 |
Portland Business Alliance Portland, OR | $2,909,182 | $8,830,293 |
California Certified Public Accountants Foundation Burlingame, CA | $12,236,942 | $9,436,468 |
California Life Sciences Association San Diego, CA | $8,698,147 | $9,649,305 |