Nonprofit · EIN 52-0991278
AMERICAN COUNCIL FOR CAPITAL FORMATION
Tax-exempt · WASHINGTON, DC 20036
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $580,000 | $650,117 | -$70,117 | $873,808 | $127,037 | $746,771 |
| December 31, 2024 | 990 | $260,000 | $519,263 | -$259,263 | $991,116 | $174,228 | $816,888 |
| December 31, 2023 | 990 | $680,000 | $698,641 | -$18,641 | $1,295,571 | $219,420 | $1,076,151 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $580,000
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $194,727
- Other salaries and wages
- $42,360
- Salaries, compensation and benefits (total)
- $298,441
- Professional fundraising fees
- $0
- Accounting fees
- $26,792
- Occupancy
- $28,547
- Travel
- $1,055
- Depreciation
- $2,924
Balance sheet and other
- Total assets, start of year
- $991,116
- Total assets, end of year
- $873,808
- Total liabilities, end of year
- $127,037
- Net assets, end of year
- $746,771
- Land, buildings and equipment
- $12,323
- Net assets without donor restrictions
- $746,771
- Gross receipts
- $580,000
- Employees
- 4
- Volunteers
- 3
- Year formed
- 1973
- State of legal domicile
- DC
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 December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PINAR CEBI WILBER | CHIEF ECONOMIST & EXEC. VP Highest-paid employee | 22.51 | $120,750 | $13,860 |
| HAMIDEH KASHANINEJAD | TREASURER Officer | 22.51 | $101,583 | $11,743 |
| MARK A BLOOMFIELD | PRESIDENT & DIRECTOR Trustee or director, Officer | 22.51 | $80,532 | $24,005 |
| FREDERIQUE SCHREUDER | SECRETARY Officer | 40 | $64,688 | $7,458 |
| RICHARD D SHELBY | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| RICHARD RAHN | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| STEVE WECHSLER | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
990 for the year ended December 31, 2024: 8 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| PINAR CEBI WILBER | CHIEF ECONOMIST & EXEC. VP Highest-paid employee | 20.17 | $126,000 | $14,385 |
| MARK A BLOOMFIELD | PRESIDENT & DIRECTOR Trustee or director, Officer | 20.17 | $100,923 | $34,094 |
| HAMIDEH KASHANINEJAD | TREASURER Officer | 20.17 | $104,985 | $12,185 |
| FREDERIQUE SCHREUDER SEE SCH O | SECRETARY Officer | 40 | $60,500 | $6,969 |
| RICHARD D SHELBY | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| RICHARD RAHN | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| STEVE WECHSLER | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| DAN BROUILLETTE | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MARK A BLOOMFIELD | PRESIDENT & DIRECTOR Trustee or director, Officer | 26.63 | $174,247 | $58,834 |
| PINAR CEBI WILBER | CHIEF ECONOMIST & EXEC. VP Highest-paid employee | 26.63 | $126,000 | $14,430 |
| HAMIDEH KASHANINEJAD | TREASURER Officer | 26.63 | $105,036 | $12,177 |
| FREDERIQUE SCHREUDER SEE SCH O | SECRETARY Officer | 40 | $60,500 | $7,002 |
| RICHARD D SHELBY | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| RICHARD RAHN | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
| STEVE WECHSLER | DIRECTOR Trustee or director | 0.1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1001 CONNECTICUT AVE NW STE 620, WASHINGTON, DC 20036-5590
- Principal officer (990 for 2025)
- GEORGE DAVE BANKS, 1001 CONNECTICUT AVE NW 620, WASHINGTON, DC 20036
- Signed the 990
- GEORGE DAVE BANKS, PRESIDENT & CEO
- Phone
- (202) 293-5811
- Website
- WWW.ACCF.ORG
- Return prepared by
- GELMAN ROSENBERG & FREEDMAN
Mission
THE MISSION OF THE AMERICAN COUNCIL FOR CAPITAL FORMATION IS TO BE THE LEADING AND EFFECTIVE ADVOCATE OF HIGHER LEVELS OF SAVING AND INVESTMENT TO PROMOTE SUSTAINED ECONOMIC GROWTH, JOB CREATION AND INTERNATIONAL COMPETITIVENESS.
Program accomplishments
- ECONOMIC EDUCATION AND RESEARCH: IN 2025, ACCF FOCUSED ON PRO-GROWTH POLICIES, SUCH AS TAXATION, TRADE, ENERGY AND ENVIRONMENT AND REGULATIONS. THE INSTITUTION PERIODICALLY WROTE RESEARCH AND OPINION PIECES ON THE ISSUES AND DISSEMINATED THE INFORMATION TO CONGRESSIONAL MEMBERS, STAFF, MEDIA AND THE GENERAL PUBLIC THROUGH VARIOUS MEANS SUCH AS RESEARCH REPORTS PREPARED IN HOUSE OR THROUGH CONSULTING FIRMS, ARTICLES WRITTEN BY STAFF, VARIOUS PUBLIC AND PRIVATE MEETINGS, WEBINARS, AS WELL AS CONTINUOUS COMMUNICATION THROUGH WEBISTE AND SOCIAL MEDIA.
- IN 2025, THE ACCF CONTINUOUSLY UPDATED IT PERIODIC PUBLICATIONS SUCH AS ITS NEWSLETTER (CAPITAL FORMATION) AND YEAR IN REVIEW.
- IN 2025, ACCF HELD MEETINGS AND WEBINARS FOCUSING ON VARIOUS POLICY ISSUES VIA THE ANGLE OF NEW ADMINISTRATION. SPECIFICALLY, ACCF FOCUSED ON ENERGY POLICIES ORGANIING ECONOMIC POLICY EVENINGS WITH KEY CONGRESSIONAL MEMBERS AND PRIVATE SECTOR PARTICIPANTS, WEBINARS WITH INDUSTRY LEADERS AND CONGRESSIONAL LEADERS HIGHLIGHTING THE IMPORTANCE OF VARIOUS POLICIES ON THEIR SPECIFIC INDUSTRIES. THE INSTITUTION ALSO FOCUSED ON STATE POLICIES AND REGULATIONS AND THEIR POTENTIAL IMPACT ON U.S. BUSINESSES ESPECIALLY HELPING U.S. MANUFACTURING SECTOR.
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 52-0991278
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1975
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $873,808
- Income (IRS master file)
- $580,000
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $580,000 | $650,117 | $873,808 | XML |
| 990 | December 2024 | $260,000 | $519,263 | $991,116 | XML |
| 990 | December 2023 | $680,000 | $698,641 | $1,295,571 | XML |
| 990 | December 2022 | $935,000 | $1,594,711 | $1,433,137 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 52-0991278).
Questions about AMERICAN COUNCIL FOR CAPITAL FORMATION
- What is the EIN of AMERICAN COUNCIL FOR CAPITAL FORMATION?
- The employer identification number (EIN) of AMERICAN COUNCIL FOR CAPITAL FORMATION is 52-0991278.
- Is AMERICAN COUNCIL FOR CAPITAL FORMATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1975.
- Are donations to AMERICAN COUNCIL FOR CAPITAL FORMATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does AMERICAN COUNCIL FOR CAPITAL FORMATION 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 AMERICAN COUNCIL FOR CAPITAL FORMATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did AMERICAN COUNCIL FOR CAPITAL FORMATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of AMERICAN COUNCIL FOR CAPITAL FORMATION?
- The 990 for the year ended December 31, 2025 names GEORGE DAVE BANKS.
- Who are the officers and directors of AMERICAN COUNCIL FOR CAPITAL FORMATION?
- The 990 for the year ended December 31, 2025 lists 7 people; 4 received compensation from the organization, the highest $120,750 (PINAR CEBI WILBER, CHIEF ECONOMIST & EXEC. VP).
- How much revenue does AMERICAN COUNCIL FOR CAPITAL FORMATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $580,000, expenses of $650,117 and total assets of $873,808 at year end.
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