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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations The Clearing House Association LLC

The Clearing House Association LLC

Fiscal year ending 2024. Filed on November 14, 2025.

1114 Avenue Of The Americas 17th F
New York, New York 10036

The Clearing House Association LLC (EIN: 13-5272860) has filed an IRS Form 990 since fiscal year 2021. In its fiscal year 2024 IRS Form 990 filing, The Clearing House Association LLC, a 501(c)(6) business league, reported compensation for 4 employees. Among the employees shown here, the average compensation is $1,246,104. The highest compensated employee at The Clearing House Association LLC is David Watson with fiscal year 2024 compensation of $2,488,430.

Revenue, expenses, and employee compensation

Revenue

$5,231,649

Expenses

$3,870,540

Employee compensation

$1,018,370

Revenue, expenses, and employee compensation over time

Reported Compensated Employees

David Watson

Chief Executive Officer

$2,488,430

$0 $2,352,639 $135,791

Stephanie Heller

Executive Vice President and General Counsel

$1,287,709

$0 $1,163,984 $123,725

Darrell Walsh

Chief Financial Officer

$787,655

$0 $718,409 $69,246

Rodney Abele

Vice President Director of Legislative and Regulatory Affairs

$420,622

$0 $390,843 $29,779

Benchmark Employee Compensation

Non-Employee Board Members

Brent McIntosh Supervisory Dir

GEN Counsel and Corporate Secretary, Citibank, N.A

Brian Yoshida Supervisory Dir

CLO, Banco Santander, SA

Crystal Lalime Supervisory Dir

GEN Counselof Corporate and Investment BANK and B

Curtis Tao Supervisory Dir

SEVP and GEN Counsel, HSBC BANK USA, National Associ

Cynthia Adams Supervisor Dir

GEN Counsel, the Toronto-Dominion BANK

Ellen Patterson Supervisory Dir

Chair, SEVP and GEN Counsel, Wells Fargo BANK, Natio

J Keven McCarthy Supervisory Dir

GEN Counsel, the BANK of NEW YORK Mellon

James Chosy Supervisory Dir

Executive Vice President, GEN Counsel and SEC, U.S BANK National Assoc

James Waters Supervisory Dir

GEN Counsel and Corporate SEC, Keybank National ASSO

Karen Pelzer Supervisory Dir

GEN Counsel, Deutsche BANK Trust Company Americas

Laura Long Supervisory Dir

Executive Vice President and CAO, PNC BANK, National Association

Laura O'Hara Supervisory Dir

GEN Counsel, Manufacturers and Traders Trust Compa

Contractors

Alston & Bird LLP

Sidley Austin LLP

Mission Statement

NONPARTISAN ADVOCACY ORGANIZATION REPRESENTING THE BANKING INDUSTRY (SEE SCHEDULE O)

Revisions to this organization profile

November 14, 2025:

2024 The Clearing House Association LLC 990 filed

November 15, 2024:

2023 The Clearing House Association LLC 990 filed

November 15, 2023:

2022 The Clearing House Association LLC 990 filed

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