AMERICAN BANKERS ASSOCIATION COMMUNITY ENGAGEMENT FOUNDATION Charity Report

Public IRS 990 nonprofit record

AMERICAN BANKERS ASSOCIATION COMMUNITY ENGAGEMENT FOUNDATION

EIN 83-0397856 · Community Improvement & Capacity Building (S194)

What they do

SEE SCHEDULE OTHE ABA COMMUNITY ENGAGEMENT FOUNDATION is A 501(C)3 CORPORATION THAT HELPS BANKS and BANKERS MAKE THEIR COMMUNITIES BETTER. THROUGH ITS LEADERSHIP, PARTNERSHIPS and NATIONAL PROGRAMS, THE FOUNDATION SUPPORTS BANKERS AS THEY PROVIDE FINANCIAL EDUCATION to INDIVIDUALS AT EVERY AGE, ELEVATE ISSUES AROUND AFFORDABLE HOUSING and COMMUNITY DEVELOPMENT and ACHIEVE CORPORATE SOCIAL RESPONSIBILITY OBJECTIVES to IMPROVE THE WELL-BEING of THEIR CUSTOMERS and THEIR COMMUNITIES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $76.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders26 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

91.72%of revenue went to mission work76.0% of expenses · Program services

3.13%of revenue went to fundraising2.6% of expenses

$120.66spent for every $100 of revenueSpending was higher than revenue this year.

25.82%of revenue went to management and office costs21.4% of expenses

$5.68in assets for every $1 spent this yearSome assets cannot be spent right away.

71.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $286,046 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $124,160 for KARIN PETERSEN FLYNN (CFAO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$1,384,440

Mission workProgram services$1,269,77291.72% of revenue76.0% of expenses

ManagementOffice and general costs$357,43525.82% of revenue21.4% of expenses

FundraisingAsking for donations$43,2793.13% of revenue2.6% of expenses

Total expenses$1,670,486120.66% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 76.0% mission · 21.4% management · 2.6% fundraisingTotal expenses: 120.66% of revenue

2023Expense mix: 72.8% mission · 20.7% management · 6.5% fundraisingTotal expenses: 96.09% of revenue

2022Expense mix: 76.8% mission · 23.2% management · 0.0% fundraisingTotal expenses: 128.39% of revenue

2021Expense mix: 33.4% mission · 66.6% management · 0.0% fundraisingTotal expenses: 133.47% of revenue

2020Expense mix: 40.7% mission · 56.5% management · 2.8% fundraisingTotal expenses: 43.37% of revenue

2019Expense mix: 42.8% mission · 54.6% management · 2.6% fundraisingTotal expenses: 52.15% of revenue

2018Expense mix: 38.7% mission · 58.8% management · 2.5% fundraisingTotal expenses: 59.04% of revenue

Money in and money out

Revenue$1,384,440

Expenses$1,670,486

Annual shortfall $286,046 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$1,269,772 · 76.0% of expenses

Management and office costs$357,435 · 21.4% of expenses

Fundraising$43,279 · 2.6% of expenses

See all reported dollar amounts

Revenue$1,384,440

Expenses$1,670,486

Assets$9,490,646

Income$2,392,200

Contributions$994,971

Mission work (program services)$1,269,772

Fundraising$43,279

Grants given$2,460,548

Average grant$492,110

Management and general$357,435

Stocks and bonds$8,560,251

Accounting fees$32,496

Investing fees$5,082

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

KARIN PETERSEN FLYNNCFAO · 1 hrs/week $124,160Base · Other $124,160

PETER COOKCHIEF COMMUNICATIONS OFFICER · 1 hrs/week $83,860Base · Other $83,860

LIA FORDJOURSVP, PLANNING & REPORTING, TREASURER · 1 hrs/week $79,276Base · Other $79,276

JIM MOYESVP & SENIOR COUNSEL, CONTRACTS · 1 hrs/week $54,192Base · Other $54,192

LINDSAY TORRICOSVP, EXECUTIVE DIRECTOR · 34 hrs/week $34,682Base · Other $34,682

MELISSA MURRAYSR. DIRECTOR, COMMUNITY & ECONOMIC DEVELOPMENT · 19 hrs/week $30,902Base · Other $30,902

SAMUEL KUNJUKUNJUVP, CONSUMER EDUCATION · 38 hrs/week $21,588Base · Other $21,588

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (26)

KARIN PETERSEN FLYNNCFAO

PETER COOKCHIEF COMMUNICATIONS OFFICER

LIA FORDJOURSVP, PLANNING & REPORTING, TREASURER

JIM MOYESVP & SENIOR COUNSEL, CONTRACTS

LINDSAY TORRICOSVP, EXECUTIVE DIRECTOR

MELISSA MURRAYSR. DIRECTOR, COMMUNITY & ECONOMIC DEVELOPMENT

SAMUEL KUNJUKUNJUVP, CONSUMER EDUCATION

KATHRYN LURIABOARD MEMBER UNTIL OCTOBER 2024

WAYNE WICKERBOARD MEMBER

STEPHANIE LOMIBAOBOARD MEMBER

ROBERT J FOUBERGBOARD MEMBER

PETER GWALTNEYBOARD MEMBER

MICHELLE THORNHILLCHAIR FROM OCTOBER 2024

MICHAEL E GROVEBOARD MEMBER

MANDY KELSOBOARD MEMBER

ANGIE GARCIA-LATHROPBOARD MEMBER UNTIL OCTOBER 2024

KARINA SALTMANBOARD MEMBER

JANET GARUFISCHAIR UNTIL OCTOBER 2024

JACQUELINE J HOWARDBOARD MEMBER

DIEDRA PORCHEBOARD MEMBER

DAVE HANRAHANVICE CHAIR

DARLENE GOINSBOARD MEMBER

COURTNEY HODAPPBOARD MEMBER

CARISSA RODEHEAVERBOARD MEMBER

CANDICE CAMBRIDGEBOARD MEMBER

BONNIE WALLACEBOARD MEMBER

About this charity

Recognized since: January 2004
Location: 1333 NEW HAMPSHIRE AVENUE NW, WASHINGTON, DC 20036-1511
County: District of Columbia
In care of: KARIN PETERSEN FLYNN
Primary officer: KARIN PETERSEN FLYNN, CFAO

How to reach them

WebsiteVisit the charity’s website Emailcommunityengagement@aba.com Phone(202) 663-5054

Filing and classification

Latest tax year: 2024
Tax period began: September 1, 2024
Return type: 990
Tax preparer: CLIFTONLARSONALLEN LLP
NTEE classification: Community Improvement & Capacity Building (S194)
Grant-giving organization: Yes