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Organizations Science & Technology Research US Faster Payments Council

US Faster Payments Council

Fiscal year ending 2024. Filed on July 15, 2025.

1706 S Walton Blvd 3345
Bentonville, Arkansas 72712

US Faster Payments Council (EIN: 83-2399912) has filed an IRS Form 990 since fiscal year 2019. In its fiscal year 2024 IRS Form 990 filing, US Faster Payments Council, a 501(c)(6) business league, reported compensation for 3 employees. Among the employees shown here, the average compensation is $297,556. The highest compensated employee at US Faster Payments Council is Reed Luhtanen with fiscal year 2024 compensation of $525,517.

Revenue, expenses, and employee compensation

Revenue

$1,745,171

Expenses

$1,704,231

Employee compensation

$1,188,606
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Reed Luhtanen
Executive Director
$525,517
$0 $525,517 No other comp
Angela Hendershott
Operations Director
$198,465
$0 $198,465 No other comp
Elizabeth Grice
Director Mar
$168,685
$0 $168,685 No other comp

Benchmark Employee Compensation

Non-Employee Board Members

Beverly Kennedy
Director
Booshan Rengachari
Director
Carl Slabicki
Director
Cathy Lesser Mansfield
Director
Elspeth Bloodgood
Treasurer
Gail Hillebrand
Director
James Colassano
Director
Josh Karoly
Director
Kevin Christensen
Director
Lisa Akahoshi
Director
Liz Garner
Director
Margo Giles
Director

Mission Statement

THE FASTER PAYMENTS COUNCIL (FPC) IS AN INDUSTRY-LED MEMBERSHIP ORGANIZATION WHOSE MISSION IS TO FACILITATE A WORLD-CLASS PAYMENT SYSTEM WHERE EVERY PERSON OR ORGANIZATION CAN SAFELY AND SECURELY PAY ANYONE, ANYWHERE, AT ANY TIME AND WITH NEAR-IMMEDIATE FUNDS AVAILABILITY.

Revisions to this organization profile

July 15, 2025:
2024 US Faster Payments Council 990 filed
August 7, 2024:
2023 US Faster Payments Council 990 filed
May 30, 2023:
2022 US Faster Payments Council 990 filed

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