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Nonprofit · EIN 84-4472218

PAYMENTS LEADERSHIP ASSOCIATION

Tax-exempt · WASHINGTON, DC 20004

Financials

$450K$711K2022$330K$590K2023$700K$587K2024
Revenue Expenses · by fiscal year end
Financials of PAYMENTS LEADERSHIP ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
February 28, 2025990$700,000$586,582$113,418$169,938$48,746$121,192
February 29, 2024990$330,000$589,975-$259,975$23,226$15,452$7,774
February 28, 2023990$450,000$710,953-$260,953$282,946$15,199$267,747
Financial details: 990 for the year ended February 28, 2025

Revenue

Contributions, gifts and grants
$700,000
Membership dues
$700,000
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$30,449
Accounting fees
$12,337
Depreciation
$35
Program services (functional)
$566,201
Management and general (functional)
$20,381

Balance sheet and other

Total assets, start of year
$23,226
Total assets, end of year
$169,938
Total liabilities, end of year
$48,746
Net assets, end of year
$121,192
Gross receipts
$700,000
Employees
0
Volunteers
7
Year formed
2019
State of legal domicile
DE

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 February 28, 2025, highest compensation first.

NameTitleHours / weekCompensation
Ryan McInerneyDirector
Trustee or director
0$0
ROBERT THOMSON IIISecretary
Trustee or director, Officer
1$0
Mike LyonsDirector
Trustee or director
0.25$0
RAJEEV DATEPresident
Trustee or director, Officer
2$0
MICHAEL MIEBACHDirector
Trustee or director
0.25$0
STEPHEN J SQUERIDirector
Trustee or director
0$0
Stephanie FerrisDirector
Trustee or director
0$0
990 for the year ended February 29, 2024: 11 people
NameTitleHours / weekCompensation
Ryan McInerneyDirector
Trustee or director
0$0
FRANK BISIGNANODirector
Trustee or director
0.25$0
Michael RhodesDirector
Trustee or director
0$0
ROGER HOCHSCHILDDirector
Trustee or director
0.25$0
MICHAEL MIEBACHDirector
Trustee or director
0.25$0
STEPHEN J SQUERIDirector
Trustee or director
0$0
Stephanie FerrisDirector
Trustee or director
0$0
ALFRED KELLYDirector
Trustee or director
0.5$0
ROBERT THOMSON IIISecretary
Officer
1$0
BRETT LOPERTreasurer
Officer
1$0
RAJEEV DATEPresident
Officer
2$0
990 for the year ended February 28, 2023: 9 people
NameTitleHours / weekCompensation
ALFRED KELLY JRDirector
Trustee or director
0.5$0
FRANK BISIGNANODirector
Trustee or director
0.5$0
ROGER HOCHSCHILDDirector
Trustee or director
0.5$0
MICHAEL MIEBACHDirector
Trustee or director
0.5$0
STEPHEN J SQUERIDirector
Trustee or director
0.5$0
GARY NORCROSSDirector
Trustee or director
0.5$0
ROBERT THOMSON IIISecretary
Officer
1.5$0
BRETT LOPERTreasurer
Officer
0.5$0
RAJEEV DATEPresident
Officer
4$0

Address and contacts

Address (IRS master file)
701 PENNSYLVANIA AVE NW STE 800, WASHINGTON, DC 20004-2654
In care of
% ROBERT THOMSON
Principal officer (990 for 2024)
RAJEEV DATE, 701 PENNSYLVANIA AVE NW 800, WASHINGTON, DC 20004
Signed the 990
RAJEEV DATE, President
Phone
(202) 419-4147
990-N for 2019 filed under this EIN
Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: TUCKER FOOTE, 325 7TH STREET NW 800, WASHINGTON DC 20004. Mailing address: 325 7TH STREET NW, WASHINGTON DC 20004.
Return prepared by
Bay Business Group LLC

Mission

The Payments Leadership Council (PLC) brings together chief executives of America's preeminent payments organizations to share their unique insights and perspectives for innovative, secure, and effective payments solutions in a rapidly changing global economy. The goal of the organization is to expand global commerce and drive inclusive growth by encouraging public policies that protect consumers, foster inclusion and promote innovation and competition in payments.

990 for the year ended February 28, 2025

Program accomplishments

  • SERVE AS THE ELECTRONIC PAYMENTS INDUSTRY'S VOICE TO ADVANCE THE COMMON BUSINESS INTERESTS OF ITS MEMBERS. SEEK TO EDUCATE THE PUBLIC, GOVERNMENT AND INDUSTRY THROUGH THE PRODUCTION AND DISSEMINATION OF EDUCATIONAL MATERIALS AFFECTING ELECTRONIC PAYMENTS.
    Expenses $566,201

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 February, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025February 28, 2026July 15, 2026Not on file
2024February 28, 2025July 15, 2025990 on file
2023February 29, 2024July 15, 2024990 on file

IRS record

EIN
84-4472218
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2021
Accounting year ends
February
Files
Form 990 or 990-EZ
Assets (IRS master file)
$169,938
Income (IRS master file)
$700,000

Filing history

FormYear endedRevenueExpensesAssetsReturn
990February 2025$700,000$586,582$169,938XML
990February 2024$330,000$589,975$23,226XML
990February 2023$450,000$710,953$282,946XML
990February 2022$1,750,000$1,448,322$534,883IRS
990February 2021–––IRS
990-N for 2019
Officer: TUCKER FOOTE
Filed under this EIN, most likely by a chapter or affiliate
February 29, 2020≤ $50,000 receipts––e-Postcard

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 84-4472218).

Questions about PAYMENTS LEADERSHIP ASSOCIATION

What is the EIN of PAYMENTS LEADERSHIP ASSOCIATION?
The employer identification number (EIN) of PAYMENTS LEADERSHIP ASSOCIATION is 84-4472218.
Is PAYMENTS LEADERSHIP ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2021.
Are donations to PAYMENTS LEADERSHIP ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does PAYMENTS LEADERSHIP ASSOCIATION 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 PAYMENTS LEADERSHIP ASSOCIATION due?
The return for tax year 2025 (the year ending February 28, 2026) is due July 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PAYMENTS LEADERSHIP ASSOCIATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended February 2025.
Who is the principal officer of PAYMENTS LEADERSHIP ASSOCIATION?
The 990 for the year ended February 28, 2025 names RAJEEV DATE.
Who are the officers and directors of PAYMENTS LEADERSHIP ASSOCIATION?
The 990 for the year ended February 28, 2025 lists 7 people; 0 received compensation from the organization.
How much revenue does PAYMENTS LEADERSHIP ASSOCIATION have?
On its 990 for the year ended February 28, 2025 it reported revenue of $700,000, expenses of $586,582 and total assets of $169,938 at year end.

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