Southern Finance Association

Organization Overview

Southern Finance Association is located in Jacksonville, AL. The organization was established in 1981. According to its NTEE Classification (W22) the organization is classified as: Public Finance, Taxation & Monetary Policy, under the broad grouping of Public & Societal Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Southern Finance Association is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, Southern Finance Association generated $196.7k in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $344.1k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE SOUTHERN FINANCE ASSOCIATION IS AN ACADEMIC ASSOCIATION THAT PROMOTES EDUCATION AND RESEARCH IN THE FIELD OF FINANCE THROUGH AN ANNUAL MEETING OF THE MEMBERSHIP TO PRESENT ORIGINAL ACADEMIC RESEARCH PAPERS AND THROUGH THE PUBLICATION OF THE JOURNAL OF FINANCIAL RESEARCH FOUR TIMES PER YEAR.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ANNUAL MEETING OF THE SOUTHERN FINANCE ASSOCIATION IS HELD IN NOVEMBER OF EACH YEAR. IN 2023 IT BROUGHT APPROXIMATELY 300 PARTICIPANTS TO THE MEETING TO PRESENT ORIGINAL ACADEMIC RESEARCH PAPERS. THE ASSOCIATION HAS 10 TIME SLOTS FOR I CONCURRENT SESSIONS EACH WHERE 3 OR 4 RESEARCH PAPERS ARE PRESENTED DISCUSSED AND CRITIQUED DURING THE THREE DAYS OF THE MEETING. APPROXIMATELY 250 RESEARCH PAPERS WERE PRESENTED IN 2023. A PORTION OF THE ABOVE EXPENSES WAS PAYMENT FOR THE ANNUAL MEETING FROM 2022.


THE SOUTHERN FINANCE ASSOCIATION SPONSORS THE JOURNAL OF FINANCIAL RESEARCH IN CONJUNCTION WITH THE SOUTHWESTERN FINANCE ASSOCIATION. THE JOURNAL IS PUBLISHED 4 TIMES PER YEAR BY WILEY PUBLISHERS ON BEHALF OF THE TWO ASSOCIATIONS. THE JOURNAL IS DISTRIBUTED TO APPROXIMATELY 650 MEMBERS OF THE TWO ASSOCIATIONS AND TO ACADEMIC LIBRARIES WORLDWIDE THROUGH ELECTRONIC AND PRINT DISTRIBUTION.


OUTSTANDING PAPER AWARDS


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Board, Officers & Key Employees

Name (title)Compensation
Ronnie Clayton
Executive Director
$33,816
Walter Reinhart
VP For Finance
$22,544
Bill Schmidt
VP For Administration
$0
Tina Yang
President
$0
Melissa Woodley
VP For Operations
$0
Kristina Minnick
VP For Operations
$0

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$3,500
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,500
Total Program Service Revenue$95,906
Investment income $43,060
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 $196,728

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