Eastpay Inc

“The organization is comprised of members”

“Norman k. Robinson (retired) 7400 beaufont springs drive richmond, va 23225”

“Form 990 is reviewed by the president in conjunction with the cpa firm assisting in its completion. It is also provided to the audit committee for review.”

“The employee handbook does require employees to disclose interests that could arise in conflicts. The officers, directors, and trustees are not currently required to make such a disclosure. To enforce the policy, employees sign acknowledgement of receipt and understanding of the employee handbook.”

“The executive committee utilizes an outside independent human resource firm approximately every three years to establish comparable data on key employees. In other years, the executive committee provides its own independent review to establish compensation.”

“The use of an outside independent human resource firm, as noted above, provides comparable data on key employees about every three years. In subsequent years, the president determines the compensation of key employees.”

“The organization does not make its governing documents, conflict of interest policy, or financial statements available to the public.”

“To provide payments expertise to our members through education, publications, compliance, support, risk control, and industry advocacy that supports the growth and quality of payments while minimizing risk.”

“Up to date on a variety of payment issues, the membership also receives a number of communications from eastpay, including issues of our electronic network news newsletter, editions of our washington watch report and 58 ebulletins and twitter messages. Additionally, eastpay provides direct support to members on specific member-requested educational engagements which are offered to members on a time and materials basis.”

“Net assets transferred to surviving organization -2,098,139 effective august 1 2016, eastpay inc and its subsidiary merged with southwestern automated clearing house association (the surviving organization). The plan of merger states that "the assets, liabilities, reserves, and accounts of eastpay shall be taken up on the books of the surviving organization at the amounts at which they are then carried on the respective books of eastpay." as per the plan of merger, the net asset balance at the end of the year has been decreased on eastpay's books and has been moved to the books of the surviving organization.”