Civic Intelligence

Swift Us National Group

990 • Fiscal year 2013 • EIN 90-0897610

Jan 01, 2013 to Dec 31, 2013 • Filed on Jul 16, 2014

C/O J Masterson 1 Wall Street No0ws3910286

(212) 635-6391

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

16th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2013 filings • NTEE S • $500k-$1M nonprofits • Source year 2013

Liabilities / Revenue

15th percentile

0.00x

Tied with the lowest-debt nonprofits in its peer group.

2013 filings • NTEE S • $500k-$1M nonprofits • Source year 2013

Net Margin

81st percentile

17%

Higher net margin than 81% of similar nonprofits.

2013 filings • NTEE S • $500k-$1M nonprofits • Source year 2013

Top Officer Pay

48th percentile

$0

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2013 filings • NTEE S • $500k-$1M nonprofits • Source year 2013

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2013

Assets

Flat

$747,465

Flat from 2013

Net Assets

Flat

$747,465

Flat from 2013

Liabilities

Flat

$0

Flat from 2013

Revenue

Flat

$221,099

Flat from 2013

Expenses

Flat

$182,724

Flat from 2013

Net Income

Flat

$38,375

Flat from 2013

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$800K$600K$400K$200K$0Assets 2013: $747,465Liabilities 2013: $0Net Assets 2013: $747,4652013Assets 2013: $747,465Liabilities 2013: $0Net Assets 2013: $747,4652013Assets 2014: $786,544Liabilities 2014: $0Net Assets 2014: $786,5442014Assets 2015: $745,353Liabilities 2015: $0Net Assets 2015: $745,3532015Assets 2016: $714,343Liabilities 2016: $0Net Assets 2016: $714,3432016Assets 2017: $694,614Liabilities 2017: $0Net Assets 2017: $694,6142017Assets 2018: $683,074Liabilities 2018: $0Net Assets 2018: $683,0742018Assets 2019: $653,949Liabilities 2019: $0Net Assets 2019: $653,9492019Assets 2020: $672,396Liabilities 2020: $0Net Assets 2020: $672,3962020Assets 2021: $688,783Liabilities 2021: $0Net Assets 2021: $688,7832021Assets 2022: $715,083Liabilities 2022: $0Net Assets 2022: $715,0832022Assets 2023: $679,533Liabilities 2023: $0Net Assets 2023: $679,5332023

Highlighted filing

2013

Assets$747,465
Liabilities$0
Net Assets$747,465

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300K$200K$100K$0-$100KRevenue 2013: $221,099Expenses 2013: $182,724Net Income 2013: $38,3752013Revenue 2013: $221,099Expenses 2013: $182,724Net Income 2013: $38,3752013Revenue 2014: $238,158Expenses 2014: $199,079Net Income 2014: $39,0792014Revenue 2015: $143,486Expenses 2015: $184,677Net Income 2015: -$41,1912015Revenue 2016: $151,611Expenses 2016: $182,621Net Income 2016: -$31,0102016Revenue 2017: $159,685Expenses 2017: $179,414Net Income 2017: -$19,7292017Revenue 2018: $177,977Expenses 2018: $189,517Net Income 2018: -$11,5402018Revenue 2019: $171,583Expenses 2019: $200,708Net Income 2019: -$29,1252019Revenue 2020: $156,575Expenses 2020: $138,128Net Income 2020: $18,4472020Revenue 2021: $150,736Expenses 2021: $134,349Net Income 2021: $16,3872021Revenue 2022: $158,348Expenses 2022: $132,048Net Income 2022: $26,3002022Revenue 2023: $146,683Expenses 2023: $182,233Net Income 2023: -$35,5502023

Highlighted filing

2013

Revenue$221,099
Expenses$182,724
Net Income$38,375
Jump To
Filing Snapshot
Filing Period
Jan 1, 2013 to Dec 31, 2013
Signed
Jul 16, 2014
Return Version
2013v3.0
Gross Receipts
$221,099
Mission and Program Overview

Mission

The swift us national group (susa) represents the interests of the us members of the society for worldwide interbank financial telecommunication (swift). Swift promotes the common business interest of banks, securities institutions, corporations and others in the united states engaged in the transmission and routing of secure, confidential, financial messages. Swift communicates and interacts with other national and international organizations with respect to standards for financial messaging and transaction technology. Susa will promote the common business interests of banks, securities institutions, corporations and others in the united states engaged in the transmission and routing of secure, confidential financial messages.

Society for worldwide interbank financial telecommunication (swift) provides a network that enables financial institutions to send and receive information about financial transactions in a secure, standardized and reliable environment.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$709,090$747,465▲ $38,375
Total Assets$709,090$747,465▲ $38,375
Liabilities
Total Liabilities$0$0→ $0
Net Assets / Fund Balance
Unrestricted Net Assets$709,090$747,465▲ $38,375
Total Net Assets Fund Balance$709,090$747,465▲ $38,375
Total Liabilities and Net Assets / Fund Balance$709,090$747,465▲ $38,375
Compensation and Service Providers

Board Members and Trustees

NameTitle
John MastersonChair - Managing Director
Theodore RothschildVice Chair/secretary - Exe
Alan GoldsteinDirector
Brian S CrabtreeDirector
Charles LeburnDirector
Christopher MccabeDirector
George M DoolittleDirector
James a RyanDirector
John P MckessyDirector
Scott FrazerDirector
Stephanie R WatsonDirector
Valerie GavoraDirector
Yawar ShahDirector
Helen NazzaroTreasurer - Director
Revenue and Support

Revenue Composition

Contributions and Grants
$221,099
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$38,375
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$182,574
Grants and Similar Amounts Paid$150
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Conferences and Meetings---$82,875
Fees for Services Management---$77,930
Fees for Services Legal---$11,898
Fees for Services Accounting---$7,245
Office Expenses---$2,626
Grants to Domestic Orgs---$150
Total Functional Expenses$0$0$0$182,724
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
In-house lobbying only
Yes
Subject to proxy tax
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

The organization has engaged djst, inc. To provide certain management services to the association.

Form 990, Part VI, Section A, Line 6

The organization has members. The organization's bylaws provide that the members shall have the right to vote for or on any matter under the bylaws, including but not limited to, the right to vote for the election of a director or directors, or on the disposition of all or substantially all of the assets, or on a dissolution, or on any changes to the article of incorporation or the bylaws.

Form 990, Part VI, Section A, Line 7A

The board of directors establish the policies governing the conduct of elections. At the bi-monthly meetings a majority of the voting members present and voting shall elect such number of directors as necessary to fill vacancies of directors whose terms expire as of such meeting.

Form 990, Part VI, Section B, Line 11

Electronic draft copies are sent to the directors of the organization for dissemination to the board of directors with written instructions to review and approve the form in accordance with irs regulations. Written comments and questions by the board, if any, are sent to the accountant for responses. Otherwise, each board member signs off on the written instruction sheet that they approve of form 990 as prepared.

Form 990, Part VI, Section C, Line 19

Any member of the general public may, upon written request, inspect copies of: association governing documents financial statements form 990

Filing and Contact Details

Filer

EIN
90-0897610
Phone
2126356391

Signing Officer

Name
John Masterson
Title
Chair of the Board of Directors
Phone
2126356391
Signed
2014-07-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John Masterson
Formed
2012
Legal Domicile
Dc
Voting Board Members
14
Independent Board Members
14
Employees
0
Volunteers
0

Preparer

Preparer
Murray N Greenberg
Phone
2156418300
Raw XML Appendix321 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0SOCIETY FOR WORLDWIDE INTERBANK FINANCIAL TELECOMMUNICATION (SWIFT) PROVIDES A NETWORK THAT ENABLES FINANCIAL INSTITUTIONS TO SEND AND RECEIVE INFORMATION ABOUT FINANCIAL TRANSACTIONS IN A SECURE, STANDARDIZED AND RELIABLE ENVIRONMENT.
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IRS990/BooksInCareOfDetail/USAddress/AddressLine10ONE WALL ST
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IRS990/Desc0THE ORGANIZATION THROUGH MEMBERSHIP IN SWIFT, PROMOTES THE COMMON BUSINESS INTERESTS OF BANKS, SECURITIES INSTITUTIONS, CORPORATIONS AND OTHERS IN THE UNITED STATES ENGAGED IN THE TRANSMISSION AND ROUTING OF SECURE, CONFIDENTIAL FINANCIAL MESSAGES; (II) TO REPRESENT AND ADVANCE THE INTERESTS OF THE CORPORATION AND ITS MEMBERS TO AND WITHIN THE GOVERNAIICE STRUCTURE OF THE SOCIETY FOR WORLDWIDE INTERBANK FINANCIAL TELECOMMUNICATION (SWIFT); (III) TO COMMUNICATE AND INTERACT WITH OTHER NATIONAL AND INTERNATIONAL ORGANIZATIONS WITH RESPECT TO STANDARDS FOR FINANCIAL MESSAGING AND TRANSACTION TECHNOLOGY; (IV) THROUGH IMPROVEMENT AND STANDARDIZATION OF FINANCIAL MESSAGING AND TRANSACTION TECHNOLOGY, TO LOWER THE COST OF AND REDUCE THE RISK ASSOCIATED WITH FINANCIAL TRANSACTIONS, THEREBY FACILITATING BUSINESS OPERATIONS IN GENERAL
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IRS990/Form990PartVIISectionAGrp/PersonNm1THEODORE ROTHSCHILD
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IRS990/Form990PartVIISectionAGrp/PersonNm3BRIAN S CRABTREE
IRS990/Form990PartVIISectionAGrp/PersonNm4GEORGE M DOOLITTLE
IRS990/Form990PartVIISectionAGrp/PersonNm5SCOTT FRAZER
IRS990/Form990PartVIISectionAGrp/PersonNm6VALERIE GAVORA
IRS990/Form990PartVIISectionAGrp/PersonNm7CHARLES LEBURN
IRS990/Form990PartVIISectionAGrp/PersonNm8CHRISTOPHER MCCABE
IRS990/Form990PartVIISectionAGrp/PersonNm9JAMES A RYAN
IRS990/Form990PartVIISectionAGrp/PersonNm10STEPHANIE R WATSON
IRS990/Form990PartVIISectionAGrp/PersonNm11YAWAR SHAH
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IRS990/Form990PartVIISectionAGrp/PersonNm13JOHN P MCKESSY
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IRS990/Form990PartVIISectionAGrp/TitleTxt0CHAIR - MANAGING DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE CHAIR/SECRETARY - EXE
IRS990/Form990PartVIISectionAGrp/TitleTxt2TREASURER - DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
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IRS990/MissionDesc0THE SWIFT US NATIONAL GROUP (SUSA) REPRESENTS THE INTERESTS OF THE US MEMBERS OF THE SOCIETY FOR WORLDWIDE INTERBANK FINANCIAL TELECOMMUNICATION (SWIFT). SWIFT PROMOTES THE COMMON BUSINESS INTEREST OF BANKS, SECURITIES INSTITUTIONS, CORPORATIONS AND OTHERS IN THE UNITED STATES ENGAGED IN THE TRANSMISSION AND ROUTING OF SECURE, CONFIDENTIAL, FINANCIAL MESSAGES. SWIFT COMMUNICATES AND INTERACTS WITH OTHER NATIONAL AND INTERNATIONAL ORGANIZATIONS WITH RESPECT TO STANDARDS FOR FINANCIAL MESSAGING AND TRANSACTION TECHNOLOGY. SUSA WILL PROMOTE THE COMMON BUSINESS INTERESTS OF BANKS, SECURITIES INSTITUTIONS, CORPORATIONS AND OTHERS IN THE UNITED STATES ENGAGED IN THE TRANSMISSION AND ROUTING OF SECURE, CONFIDENTIAL FINANCIAL MESSAGES.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE ORGANIZATION HAS ENGAGED DJST, INC. TO PROVIDE CERTAIN MANAGEMENT SERVICES TO THE ASSOCIATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION HAS MEMBERS. THE ORGANIZATION'S BYLAWS PROVIDE THAT THE MEMBERS SHALL HAVE THE RIGHT TO VOTE FOR OR ON ANY MATTER UNDER THE BYLAWS, INCLUDING BUT NOT LIMITED TO, THE RIGHT TO VOTE FOR THE ELECTION OF A DIRECTOR OR DIRECTORS, OR ON THE DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS, OR ON A DISSOLUTION, OR ON ANY CHANGES TO THE ARTICLE OF INCORPORATION OR THE BYLAWS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS ESTABLISH THE POLICIES GOVERNING THE CONDUCT OF ELECTIONS. AT THE BI-MONTHLY MEETINGS A MAJORITY OF THE VOTING MEMBERS PRESENT AND VOTING SHALL ELECT SUCH NUMBER OF DIRECTORS AS NECESSARY TO FILL VACANCIES OF DIRECTORS WHOSE TERMS EXPIRE AS OF SUCH MEETING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ELECTRONIC DRAFT COPIES ARE SENT TO THE DIRECTORS OF THE ORGANIZATION FOR DISSEMINATION TO THE BOARD OF DIRECTORS WITH WRITTEN INSTRUCTIONS TO REVIEW AND APPROVE THE FORM IN ACCORDANCE WITH IRS REGULATIONS. WRITTEN COMMENTS AND QUESTIONS BY THE BOARD, IF ANY, ARE SENT TO THE ACCOUNTANT FOR RESPONSES. OTHERWISE, EACH BOARD MEMBER SIGNS OFF ON THE WRITTEN INSTRUCTION SHEET THAT THEY APPROVE OF FORM 990 AS PREPARED.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4ANY MEMBER OF THE GENERAL PUBLIC MAY, UPON WRITTEN REQUEST, INSPECT COPIES OF: ASSOCIATION GOVERNING DOCUMENTS FINANCIAL STATEMENTS FORM 990
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 6
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION C, LINE 19
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/SubjectToProxyTaxInd01
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TempOrPermanentEndowmentsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt0709090
IRS990/TotalAssetsEOYAmt0747465
IRS990/TotalAssetsGrp/BOYAmt0709090
IRS990/TotalAssetsGrp/EOYAmt0747465
IRS990/TotalCompGreaterThan150KInd00
IRS990/TotalContributionsAmt0221099
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/TotalAmt0182724
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt00
IRS990/TotalLiabilitiesEOYAmt00
IRS990/TotalLiabilitiesGrp/BOYAmt00
IRS990/TotalLiabilitiesGrp/EOYAmt00
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt0709090
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0747465
IRS990/TotalOtherCompensationAmt00
IRS990/TotalReportableCompFromOrgAmt00
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt00
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0221099
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotalVolunteersCnt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0709090
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0747465
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd00
IRS990/UnrestrictedNetAssetsGrp/BOYAmt0709090
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0747465
IRS990/UponRequestInd0X
IRS990/USAddress/AddressLine10ONE WALL STREET
IRS990/USAddress/City0NEW YORK
IRS990/USAddress/State0NY
IRS990/USAddress/ZIPCode010286
IRS990/VotingMembersGoverningBodyCnt014
IRS990/VotingMembersIndependentCnt014
IRS990/WebsiteAddressTxt0N/A
IRS990/WhistleblowerPolicyInd01
ReturnHeader/BuildTS02015-11-30 17:44:51Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0JOHN MASTERSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR OF THE BOARD OF DIRECTORS
ReturnHeader/BusinessOfficerGrp/PhoneNum02126356391
ReturnHeader/BusinessOfficerGrp/SignatureDt02014-07-16
ReturnHeader/Filer/BusinessName/BusinessNameLine10SWIFT US NATIONAL GROUP
ReturnHeader/Filer/BusinessNameControlTxt0SWIF
ReturnHeader/Filer/EIN0900897610
ReturnHeader/Filer/PhoneNum02126356391
ReturnHeader/Filer/USAddress/AddressLine10C/O J MASTERSON 1 WALL STREET NO
ReturnHeader/Filer/USAddress/AddressLine200WS39
ReturnHeader/Filer/USAddress/City0NEW YORK
ReturnHeader/Filer/USAddress/State0NY
ReturnHeader/Filer/USAddress/ZIPCode010286
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0232835861
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine10ROBIN KRAMER & GREEN LLP
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine10425 COMMERCE DRIVE SUITE 150
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/City0FORT WASHINGTON
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/State0PA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCode0190342727
ReturnHeader/PreparerPersonGrp/PhoneNum02156418300
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MURRAY N GREENBERG
ReturnHeader/ReturnTs02014-07-29T07:55:32-05:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02013-01-01
ReturnHeader/TaxPeriodEndDt02013-12-31
ReturnHeader/TaxYr02013

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2023Summary only. Only limited summary data is available for this year.$6.80$0.00$6.80$1.47$1.82$0.36
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.15$0.00$7.15$1.58$1.32$0.26
2021Summary only. Only limited summary data is available for this year.$6.89$0.00$6.89$1.51$1.34$0.16
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.72$0.00$6.72$1.57$1.38$0.18
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.54$0.00$6.54$1.72$2.01$0.29
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.83$0.00$6.83$1.78$1.90$0.12
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.95$0.00$6.95$1.60$1.79$0.20
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.14$0.00$7.14$1.52$1.83$0.31
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.45$0.00$7.45$1.43$1.85$0.41
2014Summary only. Only limited summary data is available for this year.$7.87$0.00$7.87$2.38$1.99$0.39
2013Detailed filing. Detailed filing data is available for this year.$7.47$0.00$7.47$2.21$1.83$0.38
2013Summary only. Only limited summary data is available for this year.$7.47$0.00$7.47$2.21$1.83$0.38