SCHEDULE O
(Form 990)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
right arrow Attach to Form 990 or 990-EZ.
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OMB No. 1545-0047
2022
Open to Public
Inspection
Name of the organization
COMMUNITY FINANCIAL SERVICES ASSOC OF AMERICA
 
Employer identification number

52-2156601
Return Reference Explanation
Form 990, Part I, Line 1 MISSION CONTINUED TO ENSURE CONTINUED CONSUMER CONFIDENCE, TO EDUCATE ABOUT THE ROLE OF SMALL-DOLLAR LENDING IN THE BROADER FINANCIAL SERVICES ARENA, AND TO PROMOTE LAWS AND REGULATIONS THAT PROTECT CONSUMERS WHILE PRESERVING ACCESS TO CREDIT OPTIONS.
Form 990, Part VI, Section A, Line 3 CFSA UTILIZES THE SERVICES OF A FULL SERVICE ASSOCIATION MANAGEMENT COMPANY FOR ALL ORGANIZATIONAL ACTIVITIES.
Form 990, Part VI, Section A, Line 6 CFSA HAS TWO CLASSES OF MEMBERS SUSTAINING AND PLATINUM. ALL MEMBERS MAY VOTE IN THE ELECTION OF THE BOARD OF DIRECTORS.
Form 990, Part VI, Section B, Line 7A ALL MEMBERS MAY VOTE IN THE ELECTION OF THE BOARD OF DIRECTORS.
Form 990, Part VI, Section B, Line 11B THE FORM 990 IS PREPARED BY AN OUTSIDE CPA FIRM AND REVIEWED AND APPROVED BY CFSA MANAGEMENT. AN OFFICER OF CFSA REVIEWS, APPROVES, AND SIGNS THE FORM 990 FOR FILING.
Form 990, Part VI, Section B, Line 12C CFSA MONITORS COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY THROUGH THE ANNUAL REQUIREMENT TO DISCLOSE ANY POTENTIAL OR ACTUAL CONFLICTS OF INTEREST PURSUANT TO THE POLICY AND THROUGH THE CONTRACT APPROVAL PROCESS WHERE ALL CONSULTING ARRANGEMENTS ARE DISCUSSED AT THE BOARD LEVEL. ANY POTENTIAL CONFLICTS OF INTEREST WOULD BE ADDRESSED BY THE BOARD OF DIRECTORS WITHOUT THE PRESENCE OF THE INDIVIDUAL WITH THE POTENTIAL OR ACTUAL CONFLICT.
Form 990, Part VI, Section C, Line 19 DOCUMENTS ARE NOT MADE AVAILABLE TO THE PUBLIC UNLESS REQUIRED BY LAW.
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990) 2022


Additional Data


Software ID: 22015461
Software Version: 22.0.1.0