Swift Us National Group

Nonprofit profile at a glance

EIN
900897610
IRS 990 coverage
2013–2025
Forms available
Form 990 2025
Location
Jersey City, NJ, USA
Phone
2125520945
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Business and Industry

Reported finances

Revenue
$17,184
Expenses
$88,036
Assets
$679,016
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

16 people listed

Highest reported compensation

  • ROY DECICCO USER GROUP CHAIR (TREASURER): $62,200 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The swift us national group (susa) represents the interests of the us members of the society for worldwide interbank financial telecommunication (swift). Swift promotes the common business interest of banks, securities institutions, corporations and others in the united states engaged in the transmission and routing of secure, confidential, financial messages. Swift communicates and interacts with other national and international organizations with respect to standards for financial messaging and transaction technology. Susa will promote the common business interests of banks, securities institutions, corporations and others in the united states engaged in the transmission and routing of secure, confidential financial messages.

What it reported doing in 2025

The organization, through membership in swift, (i) promotes the common business interests of banks, securities institutions, corporations and others in the united states engaged in the transmission and routing of secure, confidential financial messages; (ii) to represent and advance the interests of the corporation and its members to and within the governance structure of the society for worldwide interbank financial telecommunication (swift); (iii) to communicate and interact with other national and international organizations with respect to standards for financial messaging and transaction technology; (iv) through improvement and standardization of financial messaging and transaction technology, to lower the cost of and reduce the risk associated with financial transactions, thereby facilitating business operations in general.

Operating model

Revenue model
Investment-supported. 100% of the money available for current operations came from recurring investment income.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of total spending goes to programs and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 74
  • Transparency & Controls: 90
  • Accountability: 95
  • Sustainability: 29
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 54.7%; rating input score 55
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -412.3%; rating input score 7; 7th percentile among comparable filings
  • Total-asset coverage ratio: 7.71; rating input score 60; 60th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 70.7%; rating input score 2; 2nd percentile among comparable filings

Growth

  • Program expense growth: 85.7% per year; rating input score 100; 97th percentile among comparable filings
  • Revenue growth: -5.6% per year; rating input score 0; 39th percentile among comparable filings
  • Asset growth: -0.7% per year; rating input score 0; 33rd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 54.7% of spending went to programs
  • Governance: 12 of 12 board members independent · 7 of 8 filing controls reported
  • Programs: 1 filed program accomplishment · $48K in reported program spending
  • Leadership: top reported pay $62K · 16 people listed
  • Consistency: 17 of 17 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 13 filing years from 2013 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Program expense ratio scored 55/100.
  • High — Sustainability: Operating margin scored 7/100.
  • High — Growth: Revenue growth scored 0/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 2/100.