2024-06-25T07:48:22-04:00 2023-12-31 222212404 BARATZ & ASSOCIATES PA 4B EVES DR STE 100 MARLTON NJ 08053 990 2023-01-01 900897610 SWIFT US NATIONAL GROUP SWIF 2125520945 575 WASHINGTON BLVD 17TH FLOOR JERSEY CITY NJ 07310 KUMAR NARAYAN CHAIR/DIRECTOR 2125520945 2024-06-25 true KUMAR NARAYAN 999009999 true STEVEN M GREEN CPA P00100526 8569855688 2024-06-25 2023 2023-04-26 12:10:37Z KUMAR NARAYAN 575 WASHINGTON BLVD 17TH FLOOR JERSEY CITY NJ 07130 146683 false X N/A X 2012 DC SOCIETY FOR WORLDWIDE INTERBANK FINANCIAL TELECOMMUNICATION (SWIFT) PROVIDES A NETWORK THAT ENABLES FINANCIAL INSTITUTIONS TO SEND AND RECEIVE INFORMATION ABOUT FINANCIAL TRANSACTIONS IN A SECURE, STANDARDIZED AND RELIABLE ENVIRONMENT. 14 14 0 0 158198 146520 0 150 163 0 158348 146683 0 0 0 0 0 132048 182233 132048 182233 26300 -35550 715083 679533 0 715083 679533 X THE SWIFT US NATIONAL GROUP (SUSA) REPRESENTS THE INTERESTS OF THE US MEMBERS OF THE SOCIETY FOR WORLDWIDE INTERBANK FINANCIAL TELECOMMUNICATION (SWIFT). SWIFT PROMOTES THE COMMON BUSINESS INTEREST OF BANKS, SECURITIES INSTITUTIONS, CORPORATIONS AND OTHERS IN THE UNITED STATES ENGAGED IN THE TRANSMISSION AND ROUTING OF SECURE, CONFIDENTIAL, FINANCIAL MESSAGES. SWIFT COMMUNICATES AND INTERACTS WITH OTHER NATIONAL AND INTERNATIONAL ORGANIZATIONS WITH RESPECT TO STANDARDS FOR FINANCIAL MESSAGING AND TRANSACTION TECHNOLOGY. SUSA WILL PROMOTE THE COMMON BUSINESS INTERESTS OF BANKS, SECURITIES INSTITUTIONS, CORPORATIONS AND OTHERS IN THE UNITED STATES ENGAGED IN THE TRANSMISSION AND ROUTING OF SECURE, CONFIDENTIAL FINANCIAL MESSAGES. false false THE ORGANIZATION, THROUGH MEMBERSHIP IN SWIFT, (I) PROMOTES THE COMMON BUSINESS INTERESTS OF BANKS, SECURITIES INSTITUTIONS, CORPORATIONS AND OTHERS IN THE UNITED STATES ENGAGED IN THE TRANSMISSION AND ROUTING OF SECURE, CONFIDENTIAL FINANCIAL MESSAGES; (II) TO REPRESENT AND ADVANCE THE INTERESTS OF THE CORPORATION AND ITS MEMBERS TO AND WITHIN THE GOVERNANCE STRUCTURE OF THE SOCIETY FOR WORLDWIDE INTERBANK FINANCIAL TELECOMMUNICATION (SWIFT); (III) TO COMMUNICATE AND INTERACT WITH OTHER NATIONAL AND INTERNATIONAL ORGANIZATIONS WITH RESPECT TO STANDARDS FOR FINANCIAL MESSAGING AND TRANSACTION TECHNOLOGY; (IV) THROUGH IMPROVEMENT AND STANDARDIZATION OF FINANCIAL MESSAGING AND TRANSACTION TECHNOLOGY, TO LOWER THE COST OF AND REDUCE THE RISK ASSOCIATED WITH FINANCIAL TRANSACTIONS, THEREBY FACILITATING BUSINESS OPERATIONS IN GENERAL. false false false true false false false false false false false false false false true true false false false false false false false false false false false false false false false false false false false false false false false false false false false true 3 0 false 0 false false false false false false false false X 14 14 false true false false true true false true true false false true true false false true true false false false X THE ORGANIZATION 2125520945 575 WASHINGTON BLVD 17TH FLOOR JERSEY CITY NJ 07310 X KUMAR NARAYAN CHAIR/DIRECT 1.00 X X 0 0 0 STEPHANIE WATSON VICE CHAIR/D 1.00 X X 0 0 0 ROY DECICCO USER GROUP C 1.00 X X 0 0 0 THEODORE ROTHSCHILD SECRETARY/DI 1.00 X X 0 0 0 CRAIG VAREAM TREASURER/DI 1.00 X X 0 0 0 KEVIN BLAIR DIRECTOR 1.00 X 0 0 0 CATE DAWSON DIRECTOR 1.00 X 0 0 0 JOHN HUNTER DIRECTOR 1.00 X 0 0 0 SARA KRANTZ DIRECTOR 1.00 X 0 0 0 GREG MURRAY DIRECTOR 1.00 X 0 0 0 LISA ROSSI DIRECTOR 1.00 X 0 0 0 ISABEL SCHMIDT DIRECTOR 1.00 X 0 0 0 DEBOPAMA SEN DIRECTOR 1.00 X 0 0 0 MICHAEL SKLOW DIRECTOR 1.00 X 0 0 0 RAGHU SRINIVASAN DIRECTOR 1.00 X 0 0 0 GRAEME MUNRO DIRECTOR 1.00 X 0 0 0 ARTHUR AMBROSE DIRECTOR 1.00 X 0 0 0 false false false 146520 146520 163 163 146683 163 129061 2575 30000 10000 405 10192 182233 0 0 0 307418 271705 407665 407828 715083 679533 0 0 X 715083 679533 715083 679533 715083 679533 -35550 X false true X false false false true false X 146683 146683 146683 182233 182233 182233 SCHEDULE D, PAGE 3, PART X FASB ASC 740-10-65-1 REQUIRES FINANCIAL STATEMENT RECOGNITION OF THE IMPACT OF A TAX POSITION, IF THAT POSITION IS MORE THAN LIKELY THAN NOT TO BE SUSTAINED ON EXAMINATION, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE BENEFIT IS CALCULATED AS THE LARGEST AMOUNT THAT IS MORE THAN 50 PERCENT LIKELY TO BE REALIZED UPON RESOLUTION OF THE BENEFIT. THE ORGANIZATION HAS EVALUATED ITS TAX POSITIONS AND BELIEVES ALL COULD BE SUSTAINED UPON EXAMINATION. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS BY FEDERAL AUTHORITIES FOR YEARS BEFORE 2020. FORM 990 - ORGANIZATION'S MISSION THE SWIFT US NATIONAL GROUP (SUSA) REPRESENTS THE INTERESTS OF THE US MEMBERS OF THE SOCIETY FOR WORLDWIDE INTERBANK FINANCIAL TELECOMMUNICATION (SWIFT). SWIFT PROMOTES THE COMMON BUSINESS INTEREST OF BANKS, SECURITIES INSTITUTIONS, CORPORATIONS AND OTHERS IN THE UNITED STATES ENGAGED IN THE TRANSMISSION AND ROUTING OF SECURE, CONFIDENTIAL, FINANCIAL MESSAGES. SWIFT COMMUNICATES AND INTERACTS WITH OTHER NATIONAL AND INTERNATIONAL ORGANIZATIONS WITH RESPECT TO STANDARDS FOR FINANCIAL MESSAGING AND TRANSACTION TECHNOLOGY. SUSA WILL PROMOTE THE COMMON BUSINESS INTERESTS OF BANKS, SECURITIES INSTITUTIONS, CORPORATIONS AND OTHERS IN THE UNITED STATES ENGAGED IN THE TRANSMISSION AND ROUTING OF SECURE, CONFIDENTIAL FINANCIAL MESSAGES. FORM 990, PAGE 2, PART III, LINE 4A THE ORGANIZATION, THROUGH MEMBERSHIP IN SWIFT, (I) PROMOTES THE COMMON BUSINESS INTERESTS OF BANKS, SECURITIES INSTITUTIONS, CORPORATIONS AND OTHERS IN THE UNITED STATES ENGAGED IN THE TRANSMISSION AND ROUTING OF SECURE, CONFIDENTIAL FINANCIAL MESSAGES; (II) TO REPRESENT AND ADVANCE THE INTERESTS OF THE CORPORATION AND ITS MEMBERS TO AND WITHIN THE GOVERNANCE STRUCTURE OF THE SOCIETY FOR WORLDWIDE INTERBANK FINANCIAL TELECOMMUNICATION (SWIFT); (III) TO COMMUNICATE AND INTERACT WITH OTHER NATIONAL AND INTERNATIONAL ORGANIZATIONS WITH RESPECT TO STANDARDS FOR FINANCIAL MESSAGING AND TRANSACTION TECHNOLOGY; (IV) THROUGH IMPROVEMENT AND STANDARDIZATION OF FINANCIAL MESSAGING AND TRANSACTION TECHNOLOGY, TO LOWER THE COST OF AND REDUCE THE RISK ASSOCIATED WITH FINANCIAL TRANSACTIONS, THEREBY FACILITATING BUSINESS OPERATIONS IN GENERAL. FORM 990, PAGE 6, PART VI, LINE 3 AS OF JANUARY 1, 2017, THE GROUP HAS ENGAGED JJM & PM LTD. TO PROVIDE DAY- TO-DAY MANAGEMENT AND ADMINISTRATIVE SERVICES TO THE GROUP, AS SPECIFIED FROM TIME TO TIME BY THE SWIFT STEERING COMMITTEE, NECESSARY TO THE OPERATION OF SWIFT. DTSJ, INC., WHO PREVIOUSLY PROVIDED THE DAY-TO-DAY MANAGEMENT AND ADMINISTRATIVE SERVICES, HAS BEEN RETAINED BY THE GROUP TO PROVIDE PERIODIC MANAGEMENT AND ADMINISTRATIVE SERVICES, AS SPECIFIED FROM TIME TO TIME BY THE SWIFT STEERING COMMITTEE, NECESSARY TO THE OPERATION OF SWIFT. FORM 990, PAGE 6, PART VI, LINE 6 THE ORGANIZATION HAS MEMBERS. THE ORGANIZATION'S BYLAWS PROVIDE THAT THE MEMBERS SHALL HAVE THE RIGHT TO VOTE FOR OR ON ANY MATTER UNDER THE BYLAWS, INCLUDING BUT NOT LIMITED TO, THE RIGHT TO VOTE FOR THE ELECTION OF A DIRECTOR OR DIRECTORS, OR ON THE DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS, OR ON A DISSOLUTION, OR ON ANY CHANGES TO THE ARTICLE OF INCORPORATION OR THE BYLAWS. FORM 990, PAGE 6, PART VI, LINE 7A THE BOARD OF DIRECTORS ESTABLISH THE POLICIES GOVERNING THE CONDUCT OF ELECTIONS. AT THE QUARTERLY MEETINGS A MAJORITY OF THE VOTING MEMBERS PRESENT AND VOTING SHALL ELECT SUCH NUMBER OF DIRECTORS AS NECESSARY TO FILL VACANCIES OF DIRECTORS WHOSE TERMS EXPIRE AS OF SUCH MEETING. FORM 990, PAGE 6, PART VI, LINE 11B ELECTRONIC DRAFT COPIES ARE SENT TO THE USNG STEERING COMMITTEE CHAIR OF THE ORGANIZATION FOR DISSEMINATION TO THE STEERING COMMITTEE WITH WRITTEN INSTRUCTIONS TO REVIEW AND APPROVE THE FORM IN ACCORDANCE WITH IRS REGULATIONS. WRITTEN COMMENTS AND QUESTIONS BY THE BOARD, IF ANY, ARE SENT TO THE ACCOUNTANT FOR RESPONSES. OTHERWISE, THE FORM IS VOTED ON AND APPROVED AT THE SUBSEQUENT STEERING COMMITTEE MEETING. FORM 990, PAGE 6, PART VI, LINE 19 ANY MEMBER OF THE GENERAL PUBLIC MAY, UPON WRITTEN REQUEST, INSPECT COPIES OF: ASSOCIATION GOVERNING DOCUMENTS FINANCIAL STATEMENTS FORM 990