American Transaction Processors Coalition
- Assets
- $187.4k
- Revenue
- $1.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Atlanta, GA
- Founding
- 02/2015
- Data as of
- 12/2022
- EIN
- 46-4120530
Organization Overview
American Transaction Processors Coalition is located in Atlanta, GA. The organization was established in 2015. According to its NTEE Classification (S40) the organization is classified as: Business & Industry, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Transaction Processors Coalition 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 12/2022, American Transaction Processors Coalition generated $1.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 8.9% each year. All expenses for the organization totaled $1.4m during the year ending 12/2022. While expenses have increased by 10.0% per year over the past 8 years. They've been increasing with an increasing level of total revenue. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
AMERICAN TRANSACTION PROCESSORS COALITION, INC. PROVIDES INDUSTRY WIDE SUPPORT FOR TRANSACTION AND PROCESSOR COMPANIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION WILL EVALUATE AND DISSEMINATE INFORMATION REGARDING INDUSTRY CHALLENGES AND OPPORTUNITIES; AND EDUCATE OTHERS ON THE IMPORTANCE OF THE INDUSTRY IN THE NATIONAL AND WORLDWIDE ECONOMIES. IN ADDITION, THE ORGANIZATION ADVANCES AND MAINTAINS AN ENLIGHTENED UNDERSTANDING ON THE PART OF GOVERNMENTAL OFFICIALS AS TO ENSURE PROPER LEGISLATIVE AND REGULATORY OVERSIGHT OF THE INDUSTRY.
CYBER COUNCIL AND FORUM - THE CYBER FORUM WAS ORGANIZED TO BRING TOGETHER ATPC MEMBER COMPANIES, ITS CISOS AND CYBERSECURITY EXPERTS TO INCREASE INDUSTRY CYBERSECURITY RESILIENCY BY IDENTIFYING AREAS OF SHARED RISK AND SHARING BEST PRACTICES NEEDED TO ADDRESS THE EVOLVING CYBER RISK WITH A FOCUS ON THE TRANSACTION ALLEY'S ECOSYSTEM.
FUTURE LEADERS - A YOUNG PROFESSIONAL LEADERSHIP PROGRAM THAT IDENTIFIES FUTURE PAYMENTS STARS WHO CAN CONTRIBUTE TO THE INDUSTRY AND ORGANIZATION AND PROVIDES INSIGHTS AND TOOLS THAT CONTINUE THEIR PROGRESS. THE FUTURE LEADERS PROGRAM OFFERS INITIATIVES THAT EXPAND INDUSTRY KNOWLEDGE, CREATE AN ONRAMP TO GOVERNMENT AND AGENCY ENGAGEMENT, AND PROVIDE BASIC LEADERSHIP SKILL DEVELOPMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jaime Walker Chairman | OfficerTrustee | 1 | $0 |
West Richards Executive Director | Officer | 30 | $0 |
Dobbin Prezzano Chief Development Officer | Officer | 10 | $0 |
Michael Wasserfuhr Chief Financial Officer | Officer | 4 | $0 |
Michael Mills Chief Strategy Officer | Officer | 20 | $0 |
Adam Brault Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Van Scoyoc Associates Lobbying And Education Services | 12/30/22 | $150,000 |
Hwr & Associates Managment Services | 12/30/22 | $325,000 |
Valeo Delivers Llc Marketing & Consulting | 12/30/22 | $144,500 |
Whitmer & Worrall Llc Lobbying And Education Services | 12/30/22 | $169,000 |
Jl Morgan Lobbying And Education Services | 12/30/22 | $108,000 |
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 | $1,617,250 |
| Investment income | $0 |
| 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 | $1,617,250 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $14,278 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $5,155 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $243,750 |
| Fees for services: Legal | $1,027 |
| Fees for services: Accounting | $53,000 |
| Fees for services: Lobbying | $494,386 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $468,167 |
| Advertising and promotion | $0 |
| Office expenses | $12,445 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $112,622 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $695 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,722 |
| All other expenses | $0 |
| Total functional expenses | $1,430,302 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $187,359 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $187,359 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| 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 | $187,359 |
| Total liabilities and net assets/fund balances | $187,359 |
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