Nonprofit · EIN 81-4391456
ASSOCIATION OF FEDERAL DEPOSIT INSURANCE CORPORATION ALUMNI INC
Tax-exempt · GAITHERSBURG, MD 20883
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-EZ | $40,450 | $30,390 | $10,060 | $79,264 | $0 | $79,264 |
| December 31, 2024 | 990-EZ | $32,861 | $30,600 | $2,261 | $69,039 | $0 | $69,039 |
| December 31, 2023 | 990-EZ | $33,885 | $27,374 | $6,511 | $66,778 | $0 | $66,778 |
Financial details: 990-EZ for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $12,225
- Membership dues
- $23,405
- Program service revenue
- $0
- Investment income
- $2,220
- Net income from fundraising events
- $2,600
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $17,750
- Compensation of officers, directors and key employees
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fees and payments to contractors
- $9,515
- Printing, publications and postage
- $873
- Other expenses
- $2,252
Balance sheet and other
- Total assets, start of year
- $69,039
- Total assets, end of year
- $79,264
- Total liabilities, end of year
- $0
- Net assets, end of year
- $79,264
- Cash, savings and investments
- $79,264
- Gross receipts
- $40,450
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-EZ for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Phil Masquelette | President | 3 | $0 |
| Suzannah Susser | Secretary | 3 | $0 |
| Franco Mortarotti | Treasurer | 3 | $0 |
| Ned Goldberg | Executive Director Webmaster | 4 | $0 |
| Gail Verley | Immediate Past President | 1 | $0 |
| J Scott Taylor | Vice President for Education | 1 | $0 |
| Marybeth Bannon | Vice President for Fellowship | 1 | $0 |
| Mindy West | Vice President for Charitable Services | 1 | $0 |
| Michael Krimminger | Director at Large | 1 | $0 |
| Roger Johnson | Director at Large | 1 | $0 |
| Ronald Bieker | Director at Large | 1 | $0 |
| Eric Spitler | Director at Large | 1 | $0 |
| Kathleen Tesi | Director at Large | 1 | $0 |
| Elliott Stovall | Director at Large | 2 | $0 |
| Laura Lapin | Director at Large | 1 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Stephen Douglas | Director at Large | 1 | $0 |
| Leslie Crawford | Director at Large | 1 | $0 |
| Louis Cheng | Director at Large | 2 | $0 |
990-EZ for the year ended December 31, 2024: 18 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Phil Masquelette | President | 5 | $0 |
| Suzannah Susser | Secretary | 5 | $0 |
| Nancy Appleby | Treasurer | 5 | $0 |
| Ned Goldberg | Executive Director Webmaster | 10 | $0 |
| Gail Verley | Immediate Past President | 5 | $0 |
| J Scott Taylor | Vice President for Education | 5 | $0 |
| Marybeth Bannon | Vice President for Fellowship | 5 | $0 |
| Mindy West | Vice President for Charitable Services | 5 | $0 |
| Michael Krimminger | Director at Large | 2 | $0 |
| Roger Johnson | Director at Large | 2 | $0 |
| Ronald Bieker | Director at Large | 2 | $0 |
| Eric Spitler | Director at Large | 2 | $0 |
| Kathleen Tesi | Director at Large | 2 | $0 |
| Elliott Stovall | Director at Large | 2 | $0 |
| Laura Lapin | Director at Large | 2 | $0 |
| Stephen Douglas | Director at Large | 2 | $0 |
| Leslie Crawford | Director at Large | 2 | $0 |
| Franco Mortarotti | Director at Large | 2 | $0 |
990-EZ for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Larry Choates | Vice President for Charitable Services | 2 | $0 |
| Kathleen James | Director at Large | 2 | $0 |
| J Scott Taylor | VP Education | 5 | $0 |
| Nancy Appleby | Treasurer | 5 | $0 |
| Ned Goldberg | Executive Director Webmaster | 10 | $0 |
| Gail Verley | President | 5 | $0 |
| Stephen Douglas | Director at Large | 2 | $0 |
| Laura Lapin | VP for Fellowship | 5 | $0 |
| Michael Krimminger | Secretary | 5 | $0 |
| Fred Selby | Immediate Past President | 2 | $0 |
| Ronald Bieker | Director at Large | 2 | $0 |
| Eric Spitler | Director at Large | 2 | $0 |
| Kathleen Tesi | Director at Large | 2 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 83775, GAITHERSBURG, MD 20883-3775
- Signed the 990-EZ
- Franco Mortarotti, Treasurer
- Phone
- (415) 312-6105
- Website
- https://www.afdica.com/
Mission
The AFDICA's primary exempt purpose is to support its Educational and Charitable Programs. During 2024 the AFDICA supported local and national charitable organizations through scholarships and contributions. Additionally, using member volunteers, the AFDICA participated in advancing financial literacy by teaching the FDIC's Money Smart to a wide variety of community groups.
Program accomplishments
- Financial Education. AFDICA donated to the JumpStart Coalition for Personal Financial Literacy so that Title I Teachers can attend the National Training Conference.grants $17,750
- Matching Contributions were made to 4 AFDICA Members charitable organizations. Number of persons benefitting is unknown.grants $1,000
- Donation to the Army Scholarship Foundation for 4 Scholarships to students of $1,000 each.grants $1,000
What it must file and when
IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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-EZ on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-EZ on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-EZ on file |
IRS record
- EIN
- 81-4391456
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2017
- Accounting year ends
- December
- Files
- Form 990-N (e-Postcard)
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $79,264
- Income (IRS master file)
- $40,450
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-EZ | December 2025 | $40,450 | $30,390 | $79,264 | XML |
| 990-EZ | December 2024 | $32,861 | $30,600 | $69,039 | IRS |
| 990-EZ | December 2023 | $33,885 | $27,374 | $66,778 | XML |
| 990-EZ | December 2022 | – | – | – | IRS |
| 990-EZ | December 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 81-4391456).
Questions about ASSOCIATION OF FEDERAL DEPOSIT INSURANCE CORPORATION ALUMNI INC
- What is the EIN of ASSOCIATION OF FEDERAL DEPOSIT INSURANCE CORPORATION ALUMNI INC?
- The employer identification number (EIN) of ASSOCIATION OF FEDERAL DEPOSIT INSURANCE CORPORATION ALUMNI INC is 81-4391456.
- Is ASSOCIATION OF FEDERAL DEPOSIT INSURANCE CORPORATION ALUMNI INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to ASSOCIATION OF FEDERAL DEPOSIT INSURANCE CORPORATION ALUMNI INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does ASSOCIATION OF FEDERAL DEPOSIT INSURANCE CORPORATION ALUMNI INC file?
- Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
- When is the next return of ASSOCIATION OF FEDERAL DEPOSIT INSURANCE CORPORATION ALUMNI INC 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 ASSOCIATION OF FEDERAL DEPOSIT INSURANCE CORPORATION ALUMNI INC last file with the IRS?
- The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
- Who are the officers and directors of ASSOCIATION OF FEDERAL DEPOSIT INSURANCE CORPORATION ALUMNI INC?
- The 990-EZ for the year ended December 31, 2025 lists 18 people; 0 received compensation from the organization.
- How much revenue does ASSOCIATION OF FEDERAL DEPOSIT INSURANCE CORPORATION ALUMNI INC have?
- On its 990-EZ for the year ended December 31, 2025 it reported revenue of $40,450, expenses of $30,390 and total assets of $79,264 at year end.
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