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Organizations Science & Technology Research US Faster Payments Council

US Faster Payments Council

Fiscal year ending 2020. Filed on August 6, 2021.

23219 Stringtown Rd 300
Clarksburg, Maryland 20871

US Faster Payments Council (EIN: 83-2399912) has filed an IRS Form 990 since fiscal year 2019. In its fiscal year 2020 IRS Form 990 filing, US Faster Payments Council, a 501(c)(6) business league, reported compensation for 4 employees. Among the employees shown here, the average compensation is $209,735. The highest compensated employee at US Faster Payments Council is Reed Luhtanen with fiscal year 2020 compensation of $316,693.

Revenue, expenses, and employee compensation

Revenue

$1,434,595

Expenses

$1,213,190

Employee compensation

$891,131
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Reed Luhtanen
Executive Director
$316,693
$0 $316,450 $243
Kim Ford
Former Executive
$188,239
$0 $188,158 $81
Elizabeth Grice
Director Mar
$168,311
$0 $168,311 No other comp
Angela Hendershott
Operations Director
$165,698
$0 $165,374 $324

Benchmark Employee Compensation

Non-Employee Board Members

Adam Rust
Director
Andrea Gilman
Director
Carl Slabicki
Director
Cathy Lesser Mansfield
Director
Charles Harkness
Director
Deborah Phillips
Vice Chair
John Drechny
Director
Kevin Christensen
Director
Kim Ford
Director
Matthew Friend
Director
Matthew Howarter
Director
Mike Bilski
Chair

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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