Nonprofit · EIN 13-5539122
SECURED FINANCE NETWORK INC
Tax-exempt · NEW YORK, NY 10001
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $6,607,481 | $6,921,653 | -$314,172 | $7,211,082 | $5,898,559 | $1,312,523 |
| September 30, 2024 | 990 | $6,302,063 | $6,704,272 | -$402,209 | $7,202,880 | $5,871,529 | $1,331,351 |
| September 30, 2023 | 990 | $5,992,281 | $6,026,435 | -$34,154 | $7,190,174 | $5,971,804 | $1,218,370 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $5,940,494
- Investment income
- $174,574
- Net gain from sales of assets
- $74,859
- Other revenue
- $492,413
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $776,162
- Other salaries and wages
- $937,167
- Salaries, compensation and benefits (total)
- $2,440,824
- Professional fundraising fees
- $0
- Legal fees
- $97,749
- Accounting fees
- $382,641
- Occupancy
- $247,382
- Travel
- $69,695
- Depreciation
- $12,639
Balance sheet and other
- Total assets, start of year
- $7,202,880
- Total assets, end of year
- $7,211,082
- Total liabilities, end of year
- $5,898,559
- Net assets, end of year
- $1,312,523
- Land, buildings and equipment
- $60,634
- Publicly traded securities
- $3,911,743
- Net assets without donor restrictions
- $1,312,523
- Gross unrelated business income
- $492,413
- Gross receipts
- $10,245,733
- Employees
- 12
- Volunteers
- 22
- Year formed
- 1944
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RICHARD GUMBRECHT | CEO Officer | 30 | $675,465 | $0 | $18,650 |
| JAMES KRAVITZ | BUSINESS DEVELOPMENT DIRECTOR Highest-paid employee | 40 | $321,937 | $0 | $19,671 |
| GREGORY SLOWIK | CFO Officer | 30 | $170,693 | $69,996 | $7,173 |
| AYDAN SAVASER | OPERATIONS DIRECTOR Highest-paid employee | 40 | $147,065 | $0 | $4,893 |
| MICHELE A OCEJO | DIRECTOR OF COMMUNICATIONS Highest-paid employee | 40 | $118,955 | $0 | $19,752 |
| HILARY SCHERER | DIRECTOR OF EVENTS Highest-paid employee | 40 | $121,998 | $0 | $14,138 |
| DENISE CATAGNA | PROGRAM MANAGER Highest-paid employee | 40 | $106,767 | $0 | $10,641 |
| BARRY BOBROW | BOARD MEMBER Trustee or director | 0.6 | $0 | $0 | $0 |
| ROBERT MEYERS | BOARD MEMBER/PRESIDENT Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| BETTY HERNANDEZ | BOARD MEMBER/1ST VICE PRESIDENT Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| IAN FREDERICKS | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| KATHLEEN PARKER | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| LAWRENCE FLICK | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| TINA CAPOBIANCO | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| WILLIAM BENCE | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
13 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| HENRY SOSA | BOARD MEMBER Trustee or director | 0.2 | $0 |
| LAUREN NADEAU | BOARD MEMBER Trustee or director | 0.2 | $0 |
| JASON HOEFLER | BOARD MEMBER Trustee or director | 0.2 | $0 |
| ALISTER BAZAZ | BOARD MEMBER Trustee or director | 0.2 | $0 |
| EDWARD CHANG | BOARD MEMBER Trustee or director | 0.2 | $0 |
| LAURA JAKUBOWSKI | BOARD MEMBER Trustee or director | 0.2 | $0 |
| PAUL SCHULDINER | BOARD MEMBER Trustee or director | 0.2 | $0 |
| KURT MARSDEN | BOARD MEMBER Trustee or director | 0.2 | $0 |
| GUELAY MESE | BOARD MEMBER Trustee or director | 0.2 | $0 |
| TIM STUTE | BOARD MEMBER Trustee or director | 0.2 | $0 |
| STEWART HAYES | BOARD MEMBER/VICE PRESIDENT Trustee or director, Officer | 0.2 | $0 |
| JONATHAN N HELFAT | CO-GENERAL COUNSEL Officer | 0.6 | $0 |
| BOBBI ACORD NOLAND | CO-GENERAL COUNSEL Officer | 0.6 | $0 |
990 for the year ended September 30, 2024: 27 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RICHARD GUMBRECHT | CEO Officer | 30 | $693,515 | $0 | $18,650 |
| JAMES KRAVITZ | BUSINESS DEVELOPMENT DIRECTOR Highest-paid employee | 40 | $296,260 | $0 | $16,602 |
| GREGORY SLOWIK | CFO Officer | 30 | $149,232 | $69,996 | $24,675 |
| JEFFREY WALSH | BOARD MEMBER OF CONFERENCE Highest-paid employee | 40 | $158,518 | $0 | $27,272 |
| AYDAN SAVASER | OPERATIONS DIRECTOR Highest-paid employee | 40 | $137,810 | $0 | $4,619 |
| MICHELE A OCEJO | DIRECTOR OF COMMUNICATIONS Highest-paid employee | 40 | $114,400 | $0 | $19,621 |
| BARRY BOBROW | BOARD MEMBER/PRESIDENT Trustee or director, Officer | 0.6 | $0 | $0 | $0 |
| ROBERT MEYERS | BOARD MEMBER/1ST VICE PRESIDENT Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| JENNIFER PALMER | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| BEATRIZ HERNANDEZ | BOARD MEMBER/VICE PRESIDENT Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| BETHANI OPPENHEIMER | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| HAMID NAMAZIE | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| IAN FREDERICKS | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| KATHLEEN PARKER | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| LAURA GLASS | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| LAWRENCE FLICK | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| LAWRENCE CHUA | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| ROBERT GRBIC | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| SUPREMNA COLE | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| TINA CAPOBIANCO | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| WILLIAM BENCE | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| HENRY SOSA | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| DAVID MORSE | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| LAUREN NADEAU | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| MICHAEL MONK | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| JONATHAN N HELFAT | CO-GENERAL COUNSEL Officer | 0.6 | $0 | $0 | $0 |
| BOBBI ACORD NOLAND | CO-GENERAL COUNSEL Officer | 0.6 | $0 | $0 | $0 |
990 for the year ended September 30, 2023: 27 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RICHARD GUMBRECHT | CEO Officer | 30 | $596,464 | $0 | $16,896 |
| JAMES KRAVITZ | BUSINESS DEVELOPMENT DIRECTOR Highest-paid employee | 40 | $249,605 | $0 | $17,093 |
| GREGORY SLOWIK | CFO Officer | 30 | $130,463 | $69,996 | $23,817 |
| JEFFREY WALSH | BOARD MEMBER OF CONFERENCES Highest-paid employee | 40 | $152,704 | $0 | $23,556 |
| AYDAN SAVASER | OPERATIONS MANAGER Highest-paid employee | 40 | $129,908 | $0 | $4,243 |
| MICHELE A OCEJO | DIRECTOR OF COMMUNICATIONS Highest-paid employee | 40 | $110,110 | $0 | $18,908 |
| BARRY BOBROW | BOARD MEMBER / 1ST VICE PRESIDENT Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| ROBERT MEYERS | BOARD MEMBER / VICE PRESIDENT Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| JENNIFER PALMER | BOARD MEMBER / PRESIDENT Trustee or director, Officer | 0.2 | $0 | $0 | $0 |
| BEATRIZ HERNANDEZ | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| BETHANI OPPENHEIMER | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| DONALD CLARKE | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| HAMID NAMAZIE | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| IAN FREDERICKS | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| KATHLEEN PARKER | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| LAURA GLASS | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| LAWRENCE FLICK | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| LAWRENCE CHUA | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| PETER YORK | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| RICHARD KOHN | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| ROBERT GRBIC | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| STEVEN HOLSTEIN | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| SUPREMNA COLE | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| TINA CAPOBIANCO | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| WILLIAM BENCE | BOARD MEMBER Trustee or director | 0.2 | $0 | $0 | $0 |
| JONATHAN N HELFAT | CO-GENERAL COUNSEL Officer | 0.6 | $0 | $0 | $0 |
| BOBBI ACORD NOLAND | CO-GENERAL COUNSEL Officer | 0.6 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 875 6TH AVENUE 1802, NEW YORK, NY 10001-3575
- Principal officer (990 for 2024)
- RICHARD GUMBRECHT, 875 6TH AVENUE 1802, NEW YORK, NY 10001
- Signed the 990
- GREG SLOWIK, CFO
- Phone
- (212) 792-9390
- Website
- WWW.SFNET.COM
- Return prepared by
- WITHUM SMITH & BROWN PC
Mission
THE SECURED FINANCE NETWORK IS THE TRADE GROUP FOR COMMERCIAL FINANCE COMPANIES, FACTORS, BANKS AND OTHER FINANCING AGENCIES IN THE ASSET-BASED FINANCIAL SERVICES INDUSTRY ON AN INTERNATIONAL, NATIONAL, REGIONAL AND LOCAL BASIS. THE OBJECTIVES OF THE ORGANIZATION ARE TO PROVIDE, THROUGH DISCUSSION AND PUBLICATION, A FORUM FOR THE CONSIDERATION OF INTER- AND INTRA-INDUSTRY IDEAS AND OPPORTUNITIES; TO MAKE AVAILABLE CURRENT INFORMATION ON LEGISLATION AND COURT DECISIONS RELATING TO ASSET-BASED FINANCIAL SERVICES; TO IMPROVE LEGAL AND OPERATIONAL PROCEDURES EMPLOYED BY THE INDUSTRY; TO FURNISH TO THE GENERAL PUBLIC INFORMATION ON THE FUNCTION AND SIGNIFICANCE OF THE INDUSTRY IN THE CREDIT STRUCTURE OF THE COUNTRY; TO ENCOURAGE THE ASSOCIATION'S MEMBERS, AND THEIR PERSON.
Program accomplishments
- EDUCATION PROGRAMS - HELD TO TEACH NEW TOPICS IN OUR FIELD AND TO UPDATE THE PUBLIC ON MATTERS OF CONCERN.revenue $245,320
- CONVENTIONS/MEETINGS - HELD IN ORDER TO ALLOW MEMBERS TO GATHER AND DISCUSS NEW DEVELOPMENTS, SHARE EXPERIENCES, AND LEND ASSISTANCE TO OTHERS SO AS TO BETTER OUR INDUSTRY.revenue $5,695,174
- PUBLICATIONS - CONDUCTED IN ORDER TO BETTER OUR WORK ENVIRONMENT AND STRENGTHEN OUR INDUSTRY.
- CONDUCTED VARIOUS MARKETING, CHAPTER, MEMBER, AND PUBLIC RELATIONS ACTIVITIES FOR THE BETTERMENT OF OUR MEMBERS.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 15, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 16, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 17, 2025 | 990 on file |
IRS record
- EIN
- 13-5539122
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1955
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Social science (V22C)
- Assets (IRS master file)
- $7,211,082
- Income (IRS master file)
- $10,245,733
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $6,607,481 | $6,921,653 | $7,211,082 | XML |
| 990 | September 2024 | $6,302,063 | $6,704,272 | $7,202,880 | XML |
| 990 | September 2023 | $5,992,281 | $6,026,435 | $7,190,174 | XML |
| 990 | September 2022 | $5,140,562 | $4,977,745 | $5,939,386 | IRS |
| 990 | September 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-5539122).
Questions about SECURED FINANCE NETWORK INC
- What is the EIN of SECURED FINANCE NETWORK INC?
- The employer identification number (EIN) of SECURED FINANCE NETWORK INC is 13-5539122.
- Is SECURED FINANCE NETWORK INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1955.
- Are donations to SECURED FINANCE NETWORK INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SECURED FINANCE NETWORK INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SECURED FINANCE NETWORK INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SECURED FINANCE NETWORK INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of SECURED FINANCE NETWORK INC?
- The 990 for the year ended September 30, 2025 names RICHARD GUMBRECHT.
- Who are the officers and directors of SECURED FINANCE NETWORK INC?
- The 990 for the year ended September 30, 2025 lists 28 people; 7 received compensation from the organization, the highest $675,465 (RICHARD GUMBRECHT, CEO).
- How much revenue does SECURED FINANCE NETWORK INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $6,607,481, expenses of $6,921,653 and total assets of $7,211,082 at year end.
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