2025-11-13T09:56:02-06:00 2024-12-31 720549733 ERICKSEN KRENTEL LLP 4227 CANAL STREET NEW ORLEANS LA 70119 990 2024-01-01 720797058 SOUTHERN FINANCIAL EXCHANGE SOUT 5045256779 1340 POYDRAS STREET 2010 NEW ORLEANS LA 70112 PAMELA RODRIGUEZ PRESIDENT & CEO 5045256779 2025-11-12 1 1 CLAUDE M SILVERMAN CPA P00442624 5044867275 2024 2025-03-06 01:10:19Z PAMELA RODRIGUEZ 1340 POYDRAS STREET 2010 NEW ORLEANS LA 70112 1825281 0 X WWW.SFE.ORG X 1976 LA SOUTHERN FINANCIAL EXCHANGE (SFE) PROVIDES EDUCATION, RISK AND COMPLIANCE SERVICES, ADVOCACY, AND CONSULTATIVE EXPERTISE TO THE FINANCIAL INSTITUTIONS AND ORGANIZATIONS WE SERVE, THROUGH A COLLABORATIVE PARTNERSHIP WITH OUR MEMBERS AND INDUSTRY LEADERS. 19 18 8 40 0 0 780923 774318 772453 965664 47740 81126 2748 4173 1603864 1825281 0 0 0 0 975084 995699 0 0 0 459540 524880 1434624 1520579 169240 304702 2635843 2949471 918424 927350 1717419 2022121 SOUTHERN FINANCIAL EXCHANGE (SFE) PROVIDES EDUCATION, RISK AND COMPLIANCE SERVICES, ADVOCACY, AND CONSULTATIVE EXPERTISE TO THE FINANCIAL INSTITUTIONS AND ORGANIZATIONS WE SERVE, THROUGH A COLLABORATIVE PARTNERSHIP WITH OUR MEMBERS AND INDUSTRY LEADERS. 0 0 1234954 969837 PROMOTION OF ELECTRONIC PAYMENTS FOR MEMBER FINANCIAL INSTITUTIONS WHICH INCLUDE BANKS, SAVINGS & LOANS, AND CREDIT UNIONS. EDUCATION OF OUR MEMBERS THROUGH A CONFERENCE, IN-PERSON SEMINARS, WEBINARS AND ON-DEMAND COURSES. EDUCATION OF OUR MEMBERS THROUGH PHONE SUPPORT, ON-SITE REVIEW OF MEMBER OPERATIONS AND ON-SITE TRAINING/ CONSULTING. REPRESENTATION AND ADVOCACY OF OUR MEMBERS THROUGH INDUSTRY DEVELOPMENT EFFORTS: NACHA RULES, RPA FORUM COMMITTEES, FEDERAL RESERVE TASK FORCES, ECCHO RULES DEVELOPMENT AND OTHER INDUSTRY EVENTS. 1234954 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 9 0 1 8 1 0 0 0 0 0 0 0 0 X 19 18 0 0 0 0 1 1 0 1 1 0 0 0 1 1 1 1 1 1 1 0 X PAMELA RODRIGUEZ 5045256779 1340 POYDRAS STREET 2010 NEW ORLEANS LA 70112 PAMELA T RODRIGUEZ PRESIDENT & CEO 40.00 X X 207189 0 52151 JIM M FAZENDE III CHAIRPERSON 0.50 X X 0 0 0 KELLY KIKER VICE CHAIRPERSON 0.50 X X 0 0 0 BARBARA DANIELS SECRETARY 0.50 X X 0 0 0 JASON NICHOLS TREASURER 0.50 X X 0 0 0 JENNIFER BROCK DIRECTOR 0.50 X 0 0 0 JERRY BRODNAX JR DIRECTOR 0.50 X 0 0 0 BJ COOLEY DIRECTOR 0.50 X 0 0 0 MISTY R FIEW DIRECTOR 0.50 X 0 0 0 SHERRIE KLOTZ DIRECTOR 0.50 X 0 0 0 BILL MCCOY DIRECTOR 0.50 X 0 0 0 DONNA MCKEY DIRECTOR 0.50 X 0 0 0 A JAVIER PASTOR DIRECTOR 0.50 X 0 0 0 AMY SHREVE DIRECTOR 0.50 X 0 0 0 PAM WARE DIRECTOR 0.50 X 0 0 0 WENDY WOOD DIRECTOR 0.50 X 0 0 0 JANIECE WRIGHT DIRECTOR 0.50 X 0 0 0 RYAN HILL DIRECTOR 0.50 X 0 0 0 SUSAN BIVENS DIRECTOR 0.50 X 0 0 0 NANCY MOSS SENIOR VICE PRESIDENT 40.00 X 124254 0 37961 DAVID PAYNE SVP RISK & COMPLIANCE 40.00 X 129838 0 31771 CATHERINE BISHOP VP RISK & COMPLIANCE 40.00 X 100119 0 27559 561400 0 149442 2 0 1 0 0 774318 774318 CONTRACT SERVICES INCO 541900 614984 614984 SEMINAR INCOME 541900 207883 207883 CONFERENCE INCOME 541900 99400 99400 PUBLICATION INCOME 541900 43397 43397 965664 81126 81126 MISCELLANEOUS INCOME 541900 1633 1633 NACHA REBATES 541900 1593 1593 POSTAGE & HANDLING FEE 541900 947 947 4173 1825281 969837 0 81126 561400 457805 103595 199748 193601 6147 69524 59500 10024 110539 94602 15937 54488 46632 7856 52224 52224 88721 88721 21878 16409 5469 17115 17115 33200 10014 23186 92186 92186 5117 4094 1023 13134 13134 DUES & SUBSCRIPTIONS 61330 58264 3066 SEMINARS 37895 37895 PUBLICATIONS 36186 36186 AUDIT & RISK ASSESSMENT 26365 21092 5273 39529 17953 21576 1520579 1234954 285625 0 235063 261325 1541813 1543084 757615 1040646 628 4019 30055 40011 127887 90332 33360 37555 37309 22831 2635843 2949471 86122 79862 794993 824657 37309 22831 918424 927350 X 1717419 2022121 1717419 2022121 2635843 2949471 304702 0 X X 0 1 X 1 0 0 1 0 127887 90332 37555 37555 CURRENT OPERATING RIGHT OF USE LIABILITY 15068 NON-CURRENT OPERATING RIGHT OF USE LIABILITY 7763 22831 X 1825281 0 1825281 0 1825281 1520579 0 1520579 0 1520579 PART X, LINE 2: ACCOUNTING STANDARDS PROVIDE DETAILED GUIDANCE FOR FINANCIAL STATEMENT RECOGNITION, MEASUREMENT, AND DISCLOSURE OF UNCERTAIN TAX POSITIONS RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. IT REQUIRES AN ENTITY TO RECOGNIZE THE FINANCIAL STATEMENT IMPACT OF A TAX POSITION WHEN IT IS MORE LIKELY THAN NOT THAT THE POSITION WILL NOT BE SUSTAINED UPON EXAMINATION. AS OF DECEMBER 31, 2024 AND 2023, MANAGEMENT OF SFE BELIEVES THAT IT HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS. MANAGEMENT ALSO BELIEVES THAT SFE IS NO LONGER SUBJECT TO INCOME TAX EXAMINATIONS FOR YEARS PRIOR TO 2021. X X 0 0 0 PAMELA T RODRIGUEZ PRESIDENT & CEO 207189 0 0 0 0 0 26842 0 25309 0 259340 0 0 0 NANCY MOSS SENIOR VICE PRESIDENT 124254 0 0 0 0 0 11114 0 26847 0 162215 0 0 0 DAVID PAYNE SVP RISK & COMPLIANCE 129838 0 0 0 0 0 13149 0 18622 0 161609 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 SOUTHERN FINANCIAL EXCHANGE HAS MEMBERS OF THE ORGANIZATION. THERE ARE TWO CLASSES OF MEMBERS: FINANCIAL INSTITUTION MEMBER AND AFFILIATE OR PROFESSIONAL MEMBERS. FORM 990, PART VI, SECTION A, LINE 7A ACTIVE MEMBERS VOTE TO ELECT DIRECTORS OF THE BOARD AT THE ANNUAL MEETING. HOWEVER, VACANCIES IN THE BOARD OF DIRECTROS WHETHER RESULTING FROM DEATH, RESIGNATION, REMOVAL OR OTHER CAUSE, MAY BE FILLED FOR THE UNEXPIRED TERM OF THE VACANT DIRECTORSHIP BY A MAJORITY OF DIRECTORS THEN IN OFFICE. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF FORM 990 IS NOT PRESENTED TO ALL MEMBERS OF ITS GOVERNING BODY BEFORE IT IS FILED. THE RETURN IS REVIEWED AND SIGNED BY PAMELA RODRIGUEZ. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION DOES MONITOR COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY AND ADDRESSES AND RESOLVES ISSUES THAT WOULD OCCUR, IF ANY. FORM 990, PART VI, SECTION B, LINE 15 THE PROCESS FOR DETERMINING COMPENSATION OF THE ORGANIZATION'S OFFICERS AND KEY EMPLOYEES INVOLVED ANALYSIS OF COMPARABILITY DATA FOR SIMILAR POSITIONS. FORM 990, PART VI, SECTION C, LINE 19 SOUTHERN FINANCIAL EXCHANGE MAKE THEIR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THIS PROCESS HAS NOT CHANGED FROM YEAR TO YEAR.