irs program accomplishments · form 990 part iii · fy2023
What they reported doing
- #1 primary $0CONVENTIONS/MEETINGS - HELD IN ORDER TO ALLOW MEMBERS TO GATHER AND DISCUSS NEW DEVELOPMENTS, SHARE EXPERIENCES, AND LEND ASSISTANCE TO OTHERS SO AS TO BETTER OUR INDUSTRY.
- #2 $0PUBLICATIONS - CONDUCTED IN ORDER TO BETTER OUR WORK ENVIRONMENT AND STRENGTHEN OUR INDUSTRY.
named programs · 3 · from sources
What they call their work
Asset-Based Capital Conference (ABCC)
Annual conference providing a forum for professionals in asset-based and middle-market leveraged lending to discuss market trends, legal developments, and economic outlooks; includes panels, networking, and CLE/CPE credits.
Capital Connections
Intimate networking event within ABCC that connects lenders and turnaround professionals with capital providers to form partnerships and explore deal opportunities.
Publications and Legal Updates
Disseminates information on legislation, court decisions, and legal developments relevant to the asset-based finance industry.
activities · 5 groups
What they do
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Professional Networking Events 2 activities
- Facilitates networking and deal-making events for industry professionalsHosts structured networking opportunities such as joint receptions connecting emerging leaders with senior executives, "Capital Connections" one-on-one meetings between capital providers, pre-conference Atlanta Braves game experiences, and opening receptions in collaboration with law firms like Paul Hastings, LLP and Parker Hudson Rainer & Dobbs LLP to foster relationships and deal flow.
- Hosts industry conferences and summits for secured finance professionalsOrganizes annual and recurring in-person and virtual conferences, including the International Lending Conference, Asset-Based Capital Conference (in its 18th year), Emerging Leaders Summit, and Women in Secured Finance Conference, providing forums for networking, learning, and discussion of industry trends. These events include expert panels, keynote speakers, hands-on sessions, vendor showcases, and continuing education credits (up to 7.8 CLE and 9 CPE).
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Industry Research and Benchmarking 1 activity
- Conducts research and publishes industry insightsConducts and publishes original research, including a market sizing study on supply chain finance conducted in partnership with Rutgers Graduate Program in Supply Chain Finance, and issues recommendations from its Fraud Task Force on risk mitigation and transparency best practices in secured finance.
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Professional Association Capacity Building 1 activity
- Fosters professional communities and collaboration in secured financeBuilds communities of interest among organizations and professionals in secured finance to generate opportunities, deal flow, and long-term relationships, supporting peer learning and industry improvement through collaborative platforms and chapter partnerships such as SFNet Europe.
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Professional Certification and Continuing Education 1 activity
- Provides educational programming through webinars and virtual forumsHosts regular one-hour virtual forums and webinars covering timely topics in credit and operations, business development, legal disciplines, and technology innovations, offering actionable strategies and expert insights to members and non-members, with free access for member company employees.
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Industry and Community Recognition Awards 1 activity
- Recognizes emerging industry leaders through awards programsHosts the annual 40 Under 40 Awards Gala to recognize rising talent and leadership in the secured finance industry, highlighting contributions of young professionals.
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financials · form 990 · fy2023
revenue
Total revenue$6.30M
Contributions & grants$00%
Program service revenue$5.56M88%
Investment income$204K3%
Other revenue$533K
expenses
Total expenses$6.70M
Program expenses—
Admin / overhead—
Fundraising—
Salaries & benefits$2.35M
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$7.20M
Cash$1.44M
Investments$4.17M
Liabilities$5.87M
Net assets$1.33M
Liquid reserves10.0 mo
4 years on record · 2020–2023 · YoY revenue +5.2%
leadership · form 990 part vii · fy2023
Who runs it
paid leadership · 6
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| RICHARD GUMBRECHT | CEO | 30 | $712K |
| JAMES KRAVITZ | BUSINESS DEVELOPMENT DIRECTOR | 40 | $313K |
| GREGORY SLOWIK | CFO | 30 | $244K |
| JEFFREY WALSH | BOARD MEMBER OF CONFERENCE | 40 | $186K |
| AYDAN SAVASER | OPERATIONS DIRECTOR | 40 | $142K |
| MICHELE A OCEJO | DIRECTOR OF COMMUNICATIONS | 40 | $134K |
board members · 17
- BARRY BOBROW — BOARD MEMBER/PRESIDENT
- BEATRIZ HERNANDEZ — BOARD MEMBER/VICE PRESIDENT
- BETHANI OPPENHEIMER — BOARD MEMBER
- DAVID MORSE — BOARD MEMBER
- HAMID NAMAZIE — BOARD MEMBER
- HENRY SOSA — BOARD MEMBER
- IAN FREDERICKS — BOARD MEMBER
- JENNIFER PALMER — BOARD MEMBER
- KATHLEEN PARKER — BOARD MEMBER
- LAURA GLASS — BOARD MEMBER
- LAUREN NADEAU — BOARD MEMBER
- LAWRENCE CHUA — BOARD MEMBER
- LAWRENCE FLICK — BOARD MEMBER
- MICHAEL MONK — BOARD MEMBER
- ROBERT GRBIC — BOARD MEMBER
- ROBERT MEYERS — BOARD MEMBER/1ST VICE PRESIDENT
- SUPREMNA COLE — BOARD MEMBER
relationships · 87
Who they work with
- AIO Logic Partner — Diamond-level sponsor and session sponsor for fraud & credit risk resilience panel and networking reception
- Allvue Systems Partner — Platinum-level sponsor
- Aurous Financial Partner — Sponsored the "SFNet Fraud Task Force Recommendations" session at the 2026 conference.
- Aurous Financial Services Partner — Recognized as a Titanium Level sponsor of the Independent Finance Roundtable 2026.
- BDO USA Partner — Bronze sponsor of the SFNet 40 Under 40 Awards Gala 2026
- BMO Partner — Silver sponsor of the SFNet 40 Under 40 Awards Gala 2026
- BNP Paribas Partner — Sponsored the panel discussion "Pivoting with Purpose: Redefining Career Paths, Success, and Mindset" at the Women in Secured Finance Conference 2026.
- Bank of America Partner — Bronze sponsor of the SFNet 40 Under 40 Awards Gala 2026
- Bank of America Partner — Sponsored the fireside chat with Cheryl McKissack Daniel at the Women in Secured Finance Conference 2026.
- Banks Network — Banking institutions involved in asset-based financial services that are part of the network.
- Blank Rome Partner — Gold sponsor of the SFNet 40 Under 40 Awards Gala 2026
- Buchalter Partner — Silver sponsor of the SFNet 40 Under 40 Awards Gala 2026
- CIBC Partner — Bronze sponsor of the SFNet 40 Under 40 Awards Gala 2026
- CODIX Partner — Featured vendor in showcase for embedded monitoring and innovation with legacy systems
- CORA Partner — Platinum-level sponsor and session sponsor for embedded monitoring in ABL & factoring
- Cahill Gordon & Reindel Partner — Silver sponsor of the SFNet 40 Under 40 Awards Gala 2026
- Cahill Gordon & Reindel LLP Partner — Sponsor of registration and Diamond Level sponsor of the Asset-Based Capital Conference 2026
- Capital Foundry Funding Partner — Gold sponsor of the SFNet 40 Under 40 Awards Gala 2026
- Choate, Hall & Stewart LLP Partner — Sponsored the "Liability Management Exercises: Keys to Avoiding Legal Landmines for ABL Lenders" session.
- Commercial Finance Companies Network — Member organizations within the asset-based financial services industry that participate in the network's forums and activities.
- Cost Reduction Solutions Partner — Sponsored registration for the Emerging Leaders Summit 2026.
- DLA Piper Partner — Hosted the International Lending Conference at their London offices
- ExamFlow Partner — Gold-level sponsor and featured vendor in showcase
- Factors Network — Member organizations engaged in factoring services that participate in the network's forums and activities.
- Finterface Partner — Silver-level sponsor
- Goldberg Kohn Partner — Silver sponsor of the SFNet 40 Under 40 Awards Gala 2026
- Goldberg Kohn Partner — Sponsor of the "Capital Connections at ABCC" event
- Gordon Brothers Partner — Gold sponsor of the SFNet 40 Under 40 Awards Gala 2026
- Gordon Brothers Partner — Platinum-level sponsor of the Women in Secured Finance Conference 2026.
- Gordon Brothers Partner — Sponsored the joint reception at the Emerging Leaders Summit 2026.
+ 57 more
strategies · 2
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- Industry Convening for Knowledge Exchange and Professional Developmentmethodology: industry-conveningBy convening professionals through annual events, peer roundtables, and practitioner-led forums, the organization drives industry growth and innovation because structured interaction among experts fosters trust, surfaces practical solutions, and enables peer-to-peer learning that individual actors cannot achieve in isolation.
- Technology-Enhanced Fraud Detection with Human Oversightmethodology: technology-and-human-insight-for-fraud-managementBy combining AI-driven analytics and human insight in underwriting and operational processes, the organization improves real-time fraud detection because technology scales pattern recognition while human judgment contextualizes risk in complex or novel scenarios.