Cardlinx Associatiion
- Assets
- $273.5k
- Revenue
- $778.6k
- Investments
- $0.0
- Employees
- 2
- Location
- Burlingame, CA
- Founding
- 06/2014
- Data as of
- 12/2021
- EIN
- 46-3714986
Organization Overview
Cardlinx Associatiion is located in Burlingame, CA. The organization was established in 2014. According to its NTEE Classification (S99) the organization is classified as: Community Improvement & Capacity Building N.E.C., under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2021, Cardlinx Associatiion employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cardlinx Associatiion 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, Cardlinx Associatiion generated $778.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $832.0k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (0.3%) per year over the past 7 years. 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
THE CARDLINX ASSOCIATION INCREASES INTEROPABILITY, ELIMINATES FRICTION, AND PROMOTES THE GROWTH OF ONLINE TO OFFLINE COMMERCE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STANDARDS AND WORK GROUPS:CLO DATA MATCHING SHARED DATABASE ORGANIZED INDUSTRY PARTICIPANTS TO COLLABORATE AND DESIGN A SHARED DATABASE AND API FOR MATCHING OF CARD-LINKED TRANSACTIONS IN REAL TIME WITH LARGEST CONGLOMERATES IN ASIA. EUROPE DATA COUNCIL: ORGANIZED INDUSTRY PARTICIPANTS TO COLLABORATE AND DESIGN A STANDARD API FOR CARD LINKED OFFERS IN EUROPE.
DIGITAL COMMERCE ALLIANCE FORUM: COMMERCE WITH A CONSCIENCE, COMMERCE REINVENTED: THE FUTURE OF DIGITAL SHOPPINGCARDLINX FORUM:CARDLINX EUROPE FORUM THE FUTURE OF PAYMENTS IS CONTACTLESSCARDLINX EAST FORUM ARTIFICIAL INTELLIGENCE: WHATS IN STORE FOR THE FUTURE OF FIN-TECH?CARDLINX WEST FORUM MOBILE WALLETS AND CLO IN 2021MOBILE WALLET FORUM: PLATFORM FOR CHANGE HOW MOBILE WALLETS TRANSFORM COMMERCEFINANCIAL DATA FORUM: TURNING FINANCIAL DATA REGULATION INTO COMPETITIVE ADVANTAGE
CARDLINX CERTIFICATION PROGRAM:CERTIFICATION PROCESS FOR MEMBERS THAT THE COMPANY AND ARE CURRENT WITH THE CURRENT CARD-LINKING INDUSTRY STANDARDS. THE CERTIFICATION PROCESS CONSISTS OF TWO ONE-HOUR TESTS AND A YEARLY TESTING FEE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Desoto Director | Trustee | 1 | $0 |
Erin Warren Director | Trustee | 1 | $0 |
Colin Evans Director | Trustee | 1 | $0 |
Farrell Hudzik Director | Trustee | 1 | $0 |
Ethan Chuang Director | Trustee | 1 | $0 |
Rebecca Donahue VP Meetings & Digital Conten | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $721,620 |
| 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 | $721,620 |
| Total Program Service Revenue | $2,436 |
| Investment income | $7 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $778,563 |
| 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 | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $252,395 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $20,933 |
| Fees for services: Management | $278,873 |
| Fees for services: Legal | $8,935 |
| Fees for services: Accounting | $27,044 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $97,659 |
| Advertising and promotion | $21,671 |
| Office expenses | $502 |
| Information technology | $6,253 |
| Royalties | $0 |
| Occupancy | $41,607 |
| Travel | $10,574 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,725 |
| Interest | $8,130 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,105 |
| Insurance | $0 |
| All other expenses | $27,378 |
| Total functional expenses | $831,982 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $60,369 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $84,576 |
| 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 | $0 |
| Net Land, buildings, and equipment | $4,704 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $123,876 |
| Other assets | $0 |
| Total assets | $273,525 |
| Accounts payable and accrued expenses | $62,826 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $150,000 |
| Other liabilities | $0 |
| Total liabilities | $212,826 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $5,000 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $55,699 |
| Total liabilities and net assets/fund balances | $273,525 |
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