Skip to main content

Nonprofit · EIN 81-4391456

ASSOCIATION OF FEDERAL DEPOSIT INSURANCE CORPORATION ALUMNI INC

Tax-exempt · GAITHERSBURG, MD 20883

Financials

$34K$27K2023$33K$31K2024$40K$30K2025
Revenue Expenses · by fiscal year end
Financials of ASSOCIATION OF FEDERAL DEPOSIT INSURANCE CORPORATION ALUMNI INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$40,450$30,390$10,060$79,264$0$79,264
December 31, 2024990-EZ$32,861$30,600$2,261$69,039$0$69,039
December 31, 2023990-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.

NameTitleHours / weekCompensation
Phil MasquelettePresident3$0
Suzannah SusserSecretary3$0
Franco MortarottiTreasurer3$0
Ned GoldbergExecutive Director Webmaster4$0
Gail VerleyImmediate Past President1$0
J Scott TaylorVice President for Education1$0
Marybeth BannonVice President for Fellowship1$0
Mindy WestVice President for Charitable Services1$0
Michael KrimmingerDirector at Large1$0
Roger JohnsonDirector at Large1$0
Ronald BiekerDirector at Large1$0
Eric SpitlerDirector at Large1$0
Kathleen TesiDirector at Large1$0
Elliott StovallDirector at Large2$0
Laura LapinDirector at Large1$0
3 more people on this return
NameTitleHours / weekCompensation
Stephen DouglasDirector at Large1$0
Leslie CrawfordDirector at Large1$0
Louis ChengDirector at Large2$0
990-EZ for the year ended December 31, 2024: 18 people
NameTitleHours / weekCompensation
Phil MasquelettePresident5$0
Suzannah SusserSecretary5$0
Nancy ApplebyTreasurer5$0
Ned GoldbergExecutive Director Webmaster10$0
Gail VerleyImmediate Past President5$0
J Scott TaylorVice President for Education5$0
Marybeth BannonVice President for Fellowship5$0
Mindy WestVice President for Charitable Services5$0
Michael KrimmingerDirector at Large2$0
Roger JohnsonDirector at Large2$0
Ronald BiekerDirector at Large2$0
Eric SpitlerDirector at Large2$0
Kathleen TesiDirector at Large2$0
Elliott StovallDirector at Large2$0
Laura LapinDirector at Large2$0
Stephen DouglasDirector at Large2$0
Leslie CrawfordDirector at Large2$0
Franco MortarottiDirector at Large2$0
990-EZ for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensation
Larry ChoatesVice President for Charitable Services2$0
Kathleen JamesDirector at Large2$0
J Scott TaylorVP Education5$0
Nancy ApplebyTreasurer5$0
Ned GoldbergExecutive Director Webmaster10$0
Gail VerleyPresident5$0
Stephen DouglasDirector at Large2$0
Laura LapinVP for Fellowship5$0
Michael KrimmingerSecretary5$0
Fred SelbyImmediate Past President2$0
Ronald BiekerDirector at Large2$0
Eric SpitlerDirector at Large2$0
Kathleen TesiDirector at Large2$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

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.

990-EZ for the year ended December 31, 2025

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-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

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$40,450$30,390$79,264XML
990-EZDecember 2024$32,861$30,600$69,039IRS
990-EZDecember 2023$33,885$27,374$66,778XML
990-EZDecember 2022–––IRS
990-EZDecember 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.

Other nonprofits in GAITHERSBURG

All nonprofits in GAITHERSBURG · Maryland · Education