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Financial Health Network Inc

Financial Health Network

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 203006098 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Financial Health Network Inc?

Financial Health Network Inc is a Chicago-based nonprofit organization with a mission to enhance financial health for all. Through their Compass principles, proprietary research, insights, and events, they serve as a trusted resource for business leaders, policymakers, and innovators dedicated to improving the financial well-being of their customers, employees, and communities. The network fosters and accelerates consumer-focused innovation, with a vision of a future where everyone, especially the most vulnerable, has access to resilient financial systems. They employ 87 individuals in their mission.


Official website here: www.finhealthnetwork.org

Is Financial Health Network Inc legitimate?

Financial Health Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Financial Health Network Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $808,622
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,457,033

For more financial information, click here


Official website here: www.finhealthnetwork.org

What is the mission statement of Financial Health Network Inc?

The Financial Health Network is dedicated to enhancing financial health for all individuals. Acting as a trusted resource, the organization brings together business leaders, policymakers, and innovators in a shared commitment to improving the financial wellbeing of their customers, employees, and communities. The Financial Health Network envisions a future where everyone, particularly the most vulnerable, have access to the financial systems necessary for resilience and prosperity. The mission of the Financial Health Network is to promote financial health for all.


Official website here: www.finhealthnetwork.org

Who is the CEO of Financial Health Network Inc?

Kelly Emery is the President/Secretary of Financial Health Network Inc.


Official website here: www.finhealthnetwork.org

What is the revenue of Financial Health Network Inc?

Financial Health Network Inc's revenue in 2022 was $19,220,654.


Official website here: www.finhealthnetwork.org

Who are the executives of Financial Health Network Inc and what are their salaries?

The average compensation at Financial Health Network Inc during 2022 was $95,008. There are 87 employees and 16 volunteers at Financial Health Network Inc.

Here are 16 key members and their salaries:

    Jennifer Tescher (President/Secretary) [Trustee/Director]
  • Compensation: $511,167
  • Related: $0
  • Other: $19,275

    • Kelly Emery (Coo)
  • Compensation: $280,800
  • Related: $0
  • Other: $5,380

    • Matthew Bahl (Vp Of Workplace Solutions)
  • Compensation: $224,640
  • Related: $0
  • Other: $19,195

    • Sarah Gordon (Chief Market And Business Dev)
  • Compensation: $217,684
  • Related: $0
  • Other: $19,170

    • Adeeb Mahmud (Chief Program Officer)
  • Compensation: $219,583
  • Related: $0
  • Other: $12,972

    • Andy Bandyopadhyay (Head Of Product)
  • Compensation: $200,200
  • Related: $0
  • Other: $14,541

    • Laura Barger (Chief Marketing Officer Thru 9/22)
  • Compensation: $198,611
  • Related: $0
  • Other: $12,084

    • Mark Ernst (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gina Harman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roderick King Md Mph (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leonard J Laufer (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ben Mangan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Judith Samuelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bei Ling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tamarah Duperval-Brownlee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ellen Seidman (Emerita) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.finhealthnetwork.org

    Where can I find the form 990 for Financial Health Network Inc?

    The Financial Health Network Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.finhealthnetwork.org

    Learn more at the official website: www.finhealthnetwork.org

    Mission Statement of Financial Health Network Inc

    The Financial Health Network, a mission-driven organization, is dedicated to enhancing financial health for all populations. Acting as a trusted resource for business leaders, policymakers, and innovators, the Financial Health Network is united by the shared vision of empowering individuals, particularly the most vulnerable, to access the financial systems necessary for resilience and prosperity. By improving financial health for all, the Network envisions a future where individuals have the means to overcome financial challenges and thrive.

    Impact

    This information is meant to be a general summary of Financial Health Network Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Financial Health Network Inc's impact is focused on improving financial health for all individuals, with a mission to foster and accelerate consumer-focused innovation. By leading a network of companies and providing proprietary research, insights, and events, Financial Health Network informs, advises, and connects its members to seed the innovation that will transform the financial services landscape. Through this work, Financial Health Network aims to improve the lives of low and moderate-income Americans, ultimately envisioning a future where all people have the financial systems they need to be resilient and thrive. This organization plays a crucial role in advocating for financial health, benefiting both individuals and communities by promoting access to essential financial resources.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,717,583
  • Program Service Revenue: $6,205,846
  • Gross Receipts: $19,471,127

    • Assets and Liabilities:
  • Total Assets: $18,968,499
  • Total Liabilities: $3,116,849
  • Net Assets: $15,851,650
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    NETWORK REVENUES

    Revenue

    $2,549,713

    CONSULTING FEES

    Revenue

    $2,268,161

    EVENT REVENUES

    Revenue

    $934,736

    OTHER

    Revenue

    $453,236

    Organization Details

    Founding Year

    2005

    Principal Officer

    Kelly Emery

    Main Address

    30 N LASALLE ST 2040, CHICAGO, IL, 60602

    NTEE Category

    Code: S30 - Community improvement

    If you are a representative of Financial Health Network Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.