Us Faster Payments Council

Science & technology organization based in Bentonville, AR.0 Exempt under §501(c)(6).

MissionTHE FASTER PAYMENTS COUNCIL (FPC) IS AN INDUSTRY-LED MEMBERSHIP ORGANIZATION WHOSE MISSION IS TO FACILITATE A WORLD-CLASS PAYMENT SYSTEM WHERE EVERY PERSON OR ORGANIZATION CAN SAFELY AND SECURELY PAY ANYONE, ANYWHERE, AT ANY TIME AND WITH NEAR-IMMEDIATE FUNDS AVAILABILITY.

EIN
83-2399912
State
AR
Sector
Science & technology
Budget band
$1M–$2.5M
Latest filing
TY 2024
Records
1 officers · 5 years

Financial snapshot · TY 2024

$1.7M
Total revenue
$1.7M
Total expenses
$1.6M
Net assets

Financial health · TY 2024

14
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
32
5.7 months of expenses
Program efficiency
0
Program expenses as % of total
Revenue diversity
6
Mix of program fees, grants & contributions

Leadership compensation

Reed Luhtanen
EXECUTIVE DI
$525,517
99th percentile vs. peers

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Us Faster Payments Council Executive Compensation | 990 Data | DoubleNine