2025-08-05T06:47:03-05:00 2024-12-31 882730877 CHERRY BEKAERT ADVISORY LLC 1707 N RANDALL ROAD STE 200 ELGIN IL 60123 990 2024-01-01 203006098 FINANCIAL HEALTH NETWORK INC FINA 3128815856 30 N LASALLE ST 2040 CHICAGO IL 60602 KELLY EMERY COO 3128815856 2025-07-24 1 1 MELANIE MCPEAK P01346034 8478888600 2024 2025-03-06 01:10:19Z FINANCIAL HEALTH NETWORK KELLY EMERY 30 N LASALLE ST 2040 CHICAGO IL 60602 15757797 0 X FINHEALTHNETWORK.ORG X 2005 IL THE FINANCIAL HEALTH NETWORK MISSION IS TO IMPROVE FINANCIAL HEALTH FOR ALL. 10 9 47 9 0 0 4867681 8222359 5536681 6589215 1224699 868622 0 0 11629061 15680196 25000 0 0 0 7504076 6646513 0 0 458682 4453328 4780457 11982404 11426970 -353343 4253226 18727767 22786307 3579735 3703137 15148032 19083170 X THE FINANCIAL HEALTH NETWORK IS A TRUSTED RESOURCE FOR BUSINESS LEADERS, POLICYMAKERS, AND INNOVATORS UNITED IN A MISSION TO IMPROVE THE FINANCIAL HEALTH OF THEIR CUSTOMERS, EMPLOYEES, AND COMMUNITIES. WE ENVISION A FUTURE WHERE ALL PEOPLE, ESPECIALLY THE MOST VULNERABLE, HAVE THE FINANCIAL SYSTEMS THEY NEED TO BE RESILIENT AND THRIVE. OUR MISSION IS TO IMPROVE FINANCIAL HEALTH FOR ALL. 0 0 9424577 6589215 FINANCIAL HEALTH NETWORK LEADS A NETWORK OF COMPANIES WHICH FOSTERS AND ACCELERATES CONSUMER-FOCUSED INNOVATION. THROUGH ITS COMPASS PRINCIPLES AND A LINEUP OF PROPRIETARY RESEARCH, INSIGHTS AND EVENTS, FINANCIAL HEALTH NETWORK INFORMS, ADVISES AND CONNECTS MEMBERS OF ITS NETWORK TO SEED THE INNOVATION THAT WILL TRANSFORM THE FINANCIAL SERVICES LANDSCAPE AND IMPROVE THE LIVES OF LOW AND MODERATE-INCOME AMERICANS. 9424577 1 1 0 0 0 0 0 0 0 0 1 1 1 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 35 0 1 47 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 10 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X X KELLY EMERY 3129951535 30 N LASALLE ST 2040 CHICAGO IL 60602 GINA HARMAN CHAIR, FROM 6/30/2024 3.00 0.00 X X 0 0 0 MELINDA HIGHTOWER TREASURER 2.00 0.00 X X 0 0 0 DEBBIE BIANUCCI DIRECTOR 1.00 0.00 X 0 0 0 SASHA DICHTER DIRECTOR 1.00 0.00 X 0 0 0 DR TAMARAH DUPERVAL-BROWNLEE DIRECTOR 1.00 0.00 X 0 0 0 JORGE FONTANEZ DIRECTOR 1.00 0.00 X 0 0 0 RODERICK KING MD MPH DIRECTOR 1.00 0.00 X 0 0 0 JUDITH SAMUELSON DIRECTOR 1.00 0.00 X 0 0 0 ELLEN SEIDMAN DIRECTOR 1.00 0.00 X 0 0 0 JENNIFER TESCHER PRESIDENT AND CHIEF EXECUTIVE OFFICER 40.00 0.00 X X 374850 0 13893 MARK ERNST CHAIR, TO 6/30/2024 3.00 0.00 X X 0 0 0 KELLY EMERY CHIEF OPERATING OFFICER 40.00 0.00 X 295222 0 8095 ADEEB MAHMUD CHIEF PROGRAM OFFICER 40.00 0.00 X 273156 0 9470 SARAH GORDON CHIEF MARKET AND BUSINESS DEVELOPMENT OFFICER 36.00 0.00 X 238256 0 13715 MATTHEW BAHL VP, WORKPLACE MARKET LEAD 40.00 0.00 X 224400 0 21204 MARISA WALSTER VP, FINANCIAL SERVICES SOLUTIONS 40.00 0.00 X 209475 0 10724 DANA BOWIE EARLES VP, FINANCE & OPS (FROM 1/10/24) 40.00 0.00 X 182728 0 18685 1798087 0 95786 23 0 1 0 STATEMENT COMMUNICATIONS 420 WISCONSIN AVENUE OAK PARK IL 60302 COMMUNICATIONS & DESIGN 605705 MARRIOTT INTERNATIONAL INC 2121 SOUTH PRAIRIE AVENUE CHICAGO IL 60616 EVENT SERVICES 200000 UNIVERSITY OF SOUTHERN CALIFORNIA 635 DOWNEY WAY LOS ANGELES CA 90089 PROGRAMMATIC RESEARCH 192593 COSMO PUBLIC RELATIONS INC 6025 COLISEUM STREET NEW ORLEANS LA 70118 PUBLIC RELATIONS 178005 IPSOS-INSIGHT LLC 501 MERRITT 7 NORWALK CT 06851 RESEARCH DATA SUPPORT 143000 9 8222359 8222359 CONSULTING FEES 541900 2819636 2819636 NETWORK REVENUES 541900 2072750 2072750 EVENT REVENUES 541900 1659929 1659929 OTHER 541900 36900 36900 6589215 262554 262554 683669 77601 606068 606068 606068 15680196 6589215 0 868622 X 692060 553648 96888 41524 4921207 3916092 673533 331582 178053 141780 24438 11835 455844 362980 62565 30299 399349 317994 54811 26544 47418 43939 3071 408 50691 46972 3283 436 1377280 1319949 50607 6724 982659 831480 150414 765 6895 4537 2358 398647 251661 146982 4 305340 200477 104863 166448 145747 20135 566 73162 46577 26585 47981 29888 18093 PROGRAM EVENTS 741408 682592 57938 878 BAD DEBT EXPENSE 277384 277384 MISSION RELATED INVESTM 71094 71094 PROFESIONAL DEVELOPMENT 70265 44169 26074 22 163785 135617 21073 7095 11426970 9424577 1543711 458682 2683667 5654510 6638988 6935350 249704 1860000 434277 233913 638852 125503 794556 1073294 1405418 1325086 153494 80332 2052389 1733365 3781257 3971052 1279001 1097404 21582 21584 18727767 22786307 271978 527440 1537312 1876175 1770445 1299522 3579735 3703137 X 13132391 16306084 2015641 2777086 15148032 19083170 18727767 22786307 4253226 -318088 0 X 0 1 X 1 0 X 16015437 13487153 9297225 4867681 8222359 51889855 16015437 13487153 9297225 4867681 8222359 51889855 28176611 23713244 86571 4271 33691 191314 262554 578401 52468256 28350635 0.45200 0.44520 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 76062 73602 2460 1329356 1251484 77872 80332 CORE INNOVATION CAPITAL 40063 C ATTUNE 1693302 C 1733365 VALUATION ADJUSTMENT -2197236 C FSL 6168288 C 3971052 OPERATING LEASES 1299522 1299522 X 15362108 -318088 -318088 15680196 0 15680196 11426970 0 11426970 0 11426970 PART X, LINE 2: THE ORGANIZATION HAS BEEN GRANTED TAX EXEMPT STATUS BY THE INTERNAL REVENUE SERVICE (IRS) UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND ACCORDINGLY IS EXEMPT FROM INCOME TAXES ON RELATED BUSINESS INCOME. CONTRIBUTIONS TO THE ORGANIZATION ARE DEDUCTIBLE FOR INCOME TAX PURPOSES UNDER SECTION 170(B)(1)(A)(VI). THE ORGANIZATION'S ANNUAL INFORMATIONAL TAX RETURNS FILED WITH THE FEDERAL AND STATE GOVERNMENTS ARE SUBJECT TO EXAMINATION FOR THE STATUTORY PERIOD. THE ORGANIZATION DID NOT HAVE ANY UNRELATED BUSINESS INCOME FOR THE YEAR ENDED DECEMBER 31, 2024. ACCORDINGLY, NO PROVISION FOR INCOME TAXES IS INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. THE FUND IS ORGANIZED AS A LIMITED PARTNERSHIP BETWEEN THE ORGANIZATION AS THE GENERAL PARTNER AND A LIMITED PARTNER WHO IS A STRATEGIC INVESTOR WITH A STRONG INTEREST IN PROMOTING FINANCIAL SERVICES FOR U.S. EMERGING MARKETS. FOR TAX PURPOSES, THE FUND HAS ELECTED TO BE TREATED AS A LIMITED PARTNERSHIP AND FILES A SEPARATE TAX RETURN REPORTING ITS OPERATING RESULTS ACCORDING TO ITS PARTNERSHIP AGREEMENT. ANY DISTRIBUTIVE INCOME ATTRIBUTABLE TO THE ORGANIZATION IS NOT CONSIDERED SUBJECT TO UNRELATED BUSINESS INCOME TAX AS THE PARTNERSHIP'S PURPOSE FURTHERS ITS TAX-EXEMPT PURPOSE. FINANCIAL HEALTH NETWORK HAS EVALUATED ITS TAX POSITIONS TAKEN FOR ALL OPEN TAX YEARS. FINANCIAL HEALTH NETWORK HAS NOT BEEN EXAMINED BY ANY TAX JURISDICTION. BASED ON THE EVALUATION OF FINANCIAL HEALTH NETWORK'S TAX POSITIONS, MANAGEMENT BELIEVES ALL POSITIONS TAKEN WOULD BE UPHELD UNDER AN EXAMINATION; THEREFORE, NO PROVISION FOR THE EFFECTS OF AN UNCERTAIN TAX POSITION HAS BEEN RECORDED FOR THE YEAR ENDED DECEMBER 31, 2024. THE ORGANIZATION'S FEDERAL EXEMPT ORGANIZATION INCOME TAX RETURNS FOR 2021, 2022, AND 2023 ARE SUBJECT TO EXAMINATION BY THE IRS. X X X X 0 0 0 0 0 0 0 0 0 JENNIFER TESCHER PRESIDENT AND CHIEF EXECUTIVE OFFICE 367710 0 7140 0 0 0 4000 0 9893 0 388743 0 0 0 KELLY EMERY CHIEF OPERATING OFFICER 289652 0 5570 0 0 0 4000 0 4095 0 303317 0 0 0 ADEEB MAHMUD CHIEF PROGRAM OFFICER 267903 0 5253 0 0 0 4000 0 5470 0 282626 0 0 0 SARAH GORDON CHIEF MARKET AND BUSINESS DEVELOPMEN 233758 0 4498 0 0 0 4000 0 9715 0 251971 0 0 0 MATTHEW BAHL VP, WORKPLACE MARKET LEAD 220000 0 4400 0 0 0 4000 0 17204 0 245604 0 0 0 MARISA WALSTER VP, FINANCIAL SERVICES SOLUTIONS 185831 0 23644 0 0 0 4000 0 6724 0 220199 0 0 0 DANA BOWIE EARLES VP, FINANCE & OPS (FROM 1/10/24) 175228 0 7500 0 0 0 4000 0 14685 0 201413 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS INITIALLY REVIEWED BY THE VP FINANCE & COO, THEN BY THE FINANCE/AUDIT COMMITTEE. PRIOR TO FILING, THE FORM 990 IS MADE AVAILABLE TO THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS MUST SIGN A CONFLICT OF INTEREST POLICY AND REPORT ANY KNOWN CONFLICTS OF INTEREST ANNUALLY. THEY ARE ENCOURAGED TO REPORT CONFLICTS AS THEY OCCUR. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE PRESIDENT'S AND KEY OFFICERS' COMPENSATION, WHICH IS DETERMINED BY THE INDEPENDENT COMPENSATION COMMITTEE USING RECOMMENDATIONS FROM AN INDEPENDENT COMPENSATION CONSULTANT AND COMPENSATION SURVEYS. THE PRESIDENT REVIEWS AND APPROVES THE COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G PROGRAMMATIC RESEARCH: PROGRAM SERVICE EXPENSES 595,800. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 595,800. OTHER: PROGRAM SERVICE EXPENSES 724,149. MANAGEMENT AND GENERAL EXPENSES 50,607. FUNDRAISING EXPENSES 6,724. TOTAL EXPENSES 781,480. CFSI CATALYST GP LLC 30 N LASALLE ST SUITE 2040 CHICAGO IL 60602 260509531 COMMUNITY DEVELOPMENT INVESTMENTS IL 0 0 FINANCIAL HEALTH NETWORK INC THE CFSI CATALYST FUND LP 30 N LASALLE ST STE 2040 CHICAGO IL 60602 260509703 FINANCIAL PRODUCTS IL CFSI CATALYST GP LLC INVESTMENTS 1 1 0.50000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0