2024-06-25T11:00:44-04:00 2023-12-31 474306215 Mullins PC 7625 Wisconsin Avenue Bethesda MD 20814 990 2023-01-01 822543434 Americans for Financial Reform AMER 1615 L ST NW STE 450 Washington DC 20036 Virginia Robnett Chief Operating 2024661885 2024-06-20 true Virginia Robnett XXX-XX-XXXX true John Mullins P01429307 2027706371 2024-06-25 2 00 AAL2 IAL1 2023 2023-04-26 12:10:37Z Lisa Donner 1086019 false X www.ourfinancialsecurity.org X 2018 DC To lay the foundation for a strong, stable, and ethical financial system. 4 4 0 4 0 0 1161756 1060174 0 7751 25845 0 1169507 1086019 100000 0 891702 859206 0 66580 280982 317391 1172684 1276597 -3177 -190578 1818030 2335490 117783 825821 1700247 1509669 To lay the foundation for a strong, stable, and ethical financial system. false false 1076044 100000 Legislative advocacy to advance consumer financial protection and a more just and accountable financial system. We organize advocacy campaigns to advance or oppose legislation on a broad scope of finance and financial markets related issues, from high cost lending abuses, to investor protections, to capital markets, to private funds and more with the goals of making lending and financial markets safer and fairer for the public, and better supporting a more equitable, stable, and sustainable economy. Building and Mobilizing a Robust Coalition to Support Financial Reform and Regulation: We bring together a nonpartisan nonprofit coalition including civil rights, consumer, labor, investor, small business, and civic and community-based organizations. We build connections among disparate groups; put together and nurture an infrastructure to develop and share information, insights, tools, tactics, and strategies; and provide strategic analysis, materials, research and other tools so that together we can develop and advance economic and racial justice priorities to reform the financial system. Policy Analysis and Development: We analyze legislation and policy proposals in the financial space including in the areas of consumer financial protection, investor protection, financial stability / systemic risk, non-bank financial actors, student lending, taxes, and other policies as they affect Wall Street, from a public interest perspective. We explain and support or oppose proposals, present testimony, and report on how members of Congress vote on issues connected to the regulation and design of the financial system. We work with our allies to develop and promote legislative solutions to stop financial sector abuses of economically vulnerable families and communities and reverse growing inequality that results from unchecked financialization and speculation. 1076044 false true false false false false false false false true false false false false true true false false false false false false false false false false true false false false false false false false false false false false false false false false false false false false true 0 0 true 0 true false false false false false false false false false false false false X 4 4 false false false false false false false true true false false true true true true true true true true false X The Organization 2024661885 1615 L ST NW Washington DC 20036 X Terrysa Guerra Director 1.25 0.00 X 0 0 0 Damon Silver Director 1.25 0.00 X 0 0 0 Lisa Donner Executive Director 10.13 0.00 X X 0 0 0 Ed Mierzwinski Secretary 1.25 0.00 X X 0 0 0 Virginia Robnett Chief Operating Officer 10.13 0.00 X X 0 0 0 0 0 0 0 false false false 1060174 1060174 25845 25845 1086019 0 0 25845 X 100000 100000 816414 686452 92436 37526 42792 35980 4845 1967 1796 1498 290 8 23134 19303 3732 99 130166 108610 21002 554 33046 32238 575 233 11504 9931 1194 379 52549 27163 2554 22832 49209 41375 5571 2263 6340 5332 718 290 Staff Development 9647 8162 1056 429 1276597 1076044 133973 66580 834112 1453919 400000 271808 3167 3167 73000 73000 73000 507751 533596 1818030 2335490 117783 825821 117783 825821 X 989227 1132253 711020 377416 1700247 1509669 1818030 2335490 -190578 0 X false true X true false X 898783 1069288 1201457 1161756 1060174 5391458 898783 1069288 1201457 1161756 1060174 5391458 5391458 7751 25845 33596 5425054 0.99380 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 73000 73000 73000 X 1086019 1086019 1086019 1276597 1276597 1276597 Footnote for uncertain tax position under FIN 48 (Part X) The accounting standard on accounting for uncertainty in income taxes addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under that guidance, AFR may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities based on the technical merits of the position. Examples of tax positions include the tax-exempt status of AFR and various positions related to the potential sources of unrelated business taxable income (UBIT). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement. There were no unrecognized tax benefits identified or recorded as liabilities for at year end. AFRs policy is to recognize interest and penalties, if any, on tax positions related to its unrecognized tax benefits in income tax expense in the financial statements. No interest and penalties were assessed or recorded during the year. true Demand Progress Education Fund 30 Ritchie Ave Silver Spring MD 20910 871987049 501c3 100000 Cash NA Operational Assistance 1 Form 990 governing body review Part VI line 11 Once the form 990 is prepared, it is reviewed by senior staff. The board of directors reviews the form 990 prior to filing. Conflict of interest policy compliance Part VI line 12c Board members are required to answer an annual conflict of interest questionnaire and to report any potential conflicts of interest as they arise. Staff sign a conflict of interest agreement upon hire and are required to report potential conflicts of interest as they arise. CEO executive director top management comp Part VI line 15a The Executive Directors salary is approved by an independent committee that uses industry data and the decision is documented through the budgeting process. Other officer or key employee compensation Part VI line 15b Other salary increases are approved during the budgeting process. Governing documents etc available to public Part VI line 19 These documents are available upon request. List of other fees for services expenses Part IX line 11g Program & Policy: $17,717Communications: $39,600Program Consultants: $60,000Human Resources: $12,849 Part IX response or note to any line in Part IX Americans for Financial Reform (AFR) shares employees with Americans for Financial Reform Education Fund (AFREF) (EIN: 82-2553525) pursuant to a cost sharing agreement. All federal employment tax returns are filed by AFREF on behalf of both organizations. AFR pays its portion of payroll services, of certain employees for services provided to AFR, through regular reimbursements. Compensation reimbursed by AFR (as reported in Part IX) is not additive to the compensation reported by AFREF. AFREF and AFR are not related organizations as that term is defined in the Form 990 glossary.