NonprofitsAmerican Legal & Financial Network

Community Improvement & Capacity Building

American Legal & Financial Network

SAINT LOUIS, MO

Total revenue

$1.7M

Total expenses

$1.5M

Net assets

$856K

Grants received

EIN

043601831

Tax year

2024

Mission

Serving legal/residential mortgage banking profession via leadership, advocacy, ed & prof dev

Programs

3 programs

Advocacy and industry leadership:alfn submitted amicus briefs on issues that impact our members andindustry clients. The alfn continues to work with mortgage servicers, gse's & regulatory agencies to maintain strong relationships with these organizations as they assist us to ensure that the efforts and direction of alfn remains consistent with their unique industry needs. Alfn continues to grow and develop our strategic relationships with influential industry leaders. See schedule o for more info.

Publications:the alfn creates and distributes frequent electronic updates to our list of nearly 6000 industry contacts, keeping them informed regarding the latest industry information, legal updates, regulatory & legislative updates and other groundbreaking initiatives. Our publications (offered online only) include the angle & willed (quarterly magazines), the legalist (membership directory) & the annual awards publication. The alfn, through its members, is routinely recognized in various industry publications, alfn periodically submits press releases regarding our accomplishments to other industry publications. See schedule o for more info.

Membership & governance:alfn added 2 new law firm/foreclosure trustee members (law firms and foreclose trustees) to our network, and 2 new associate members (industry service providers), bringing our total number of members to 129 (total member count by company name). Alfn welcomes these new members and are glad to have them as part of the organization. Their contributions will only help to strengthen the alfn, which continues to be the largest legal services based professional trade association in our industry space. Membership retention was at 92%, and we target to achieve 90%+ each year. We are pleased with the continued support of our members.our board of directors met 12 times telephonically for our monthly or special meetings, held other calls as needed to discuss pressing issues, and met 3 times in person during the year to conduct association business and strategic planning.

Financials

FY 2024

Revenue

Contributions & grants
Program service revenue$1.7M
Investment income$24
Other revenue$300
Total revenue$1.7M

Expenses

Grants paid
Salaries & benefits$488K
Fundraising
Other expenses$1.0M
Total expenses$1.5M
Total assets$997K
Net assets$856K

People

12 listed

NameRoleCompensation

MATTHEW BARTEL

PRESIDENT AND CEO

Board

$227K

60 hrs/wk

SUSAN ROSEN

CORPORATE SECRETARY

Board

$143K

50 hrs/wk

KIM HAMMOND

BOARD SECRETARY

Board

2 hrs/wk

DEANNE STODDEN

CHIEF GOVERNANCE OFFICER

Board

2 hrs/wk

ARI MILLER

VICE-CHAIR OF THE BOARD

Board

2 hrs/wk

ADAM DIAZ

DIRECTOR

Board

2 hrs/wk

RANDALL MILLER

DIRECTOR

Board

2 hrs/wk

KELLY GRING

DIRECTOR

Board

2 hrs/wk

BLAKE STRAUTINS

CORPORATE TREASURER

Board

2 hrs/wk

JP SELLERS

DIRECTOR

Board

2 hrs/wk

DONALD J TIMBERLAKE

DIRECTOR

Board

2 hrs/wk

NATALIE GRIGG

CHAIR OF THE BOARD

Board

2 hrs/wk

Details

EIN043601831
NTEE codeS03
Subsection06
Ruling date2003-04
Formed2001
Employees4
Volunteers600
AMERICAN LEGAL & FINANCIAL NETWORK — Mission, Financials & Grants Received | Grantivo