Secured Finance Network Inc.

Fiscal year ending 2024. Filed on February 17, 2025.

370 7th Avenue 1801
New York, New York 10001

Secured Finance Network Inc. (EIN: 13-5539122) has filed an IRS Form 990 since fiscal year 2021. In its fiscal year 2024 IRS Form 990 filing, Secured Finance Network Inc., a 501(c)(6) business league, reported compensation for 8 out of 13 total employees. Among the employees shown here, the average compensation is $288,528. The highest compensated employee at Secured Finance Network Inc. is Richard Gumbrecht with fiscal year 2024 compensation of $712,165.

Revenue, expenses, and employee compensation

Revenue

$6,302,063

Expenses

$6,704,272

Employee compensation

$2,350,224

Reported Compensated Employees

Richard Gumbrecht

Chief Executive Officer

$712,165

$693,515 No related comp$18,650

James Kravitz

Business Development Director

$312,862

$296,260 No related comp$16,602

Gregory Slowik

Chief Financial Officer

$243,903

$149,232 $69,996 $24,675

Jeffrey Walsh

Board Member of Conference

$185,790

$158,518 No related comp$27,272

Aydan Savaser

Operations Director

$142,429

$137,810 No related comp$4,619

Michele A Ocejo

Communications Director

$134,021

$114,400 No related comp$19,621

Jonathan N Helfat

Co-General Counsel

Bobbi Acord Noland

Co-General Counsel

Non-Employee Board Members

Barry Bobrow

President and Board Member

Beatriz Hernandez

Vice President and Board Member

Contractors

Jeffrey Management Corporation

National Strategies LLC

Advocacy

$167,707

Mission Statement

THE SECURED FINANCE NETWORK IS THE TRADE GROUP FOR COMMERCIAL FINANCE COMPANIES, FACTORS, BANKS AND OTHER FINANCING AGENCIES IN THE ASSET-BASED FINANCIAL SERVICES INDUSTRY ON AN INTERNATIONAL, NATIONAL, REGIONAL AND LOCAL BASIS. THE OBJECTIVES OF THE ORGANIZATION ARE TO PROVIDE, THROUGH DISCUSSION AND PUBLICATION, A FORUM FOR THE CONSIDERATION OF INTER- AND INTRA-INDUSTRY IDEAS AND OPPORTUNITIES; TO MAKE AVAILABLE CURRENT INFORMATION ON LEGISLATION AND COURT DECISIONS RELATING TO ASSET-BASED FINANCIAL SERVICES; TO IMPROVE LEGAL AND OPERATIONAL PROCEDURES EMPLOYED BY THE INDUSTRY; TO FURNISH TO THE GENERAL PUBLIC INFORMATION ON THE FUNCTION AND SIGNIFICANCE OF THE INDUSTRY IN THE CREDIT STRUCTURE OF THE COUNTRY; TO ENCOURAGE THE ASSOCIATION'S MEMBERS, AND THEIR PERSON.