American Council For Capital Formation

Washington, DC
Tax-exempt since Oct. 1975
EIN: 52-0991278

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Type of Nonprofit

Designated as a 501(c)6 Business leagues, chambers of commerce, real estate boards, etc, created for the improvement of business conditions.

Donations to this organization are not tax deductible.

Revenue

$935k (2022)

Expenses

$1.59M (2022)

Total Assets

$1.43M (2022)

Total Liabilities

$338k (2022)

Source: Form 990 tax filings from 2011 to 2022

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2022

Revenue

$935,000

Expenses

$1,594,711

Net Income

-$659,711

Net Assets

$1,094,792

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$45,000	4.8%
Program Services	$890,000	95.2%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$303,304	19.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$105,816	6.6%

Assets/Debt
Total Assets	$1,433,137
Total Liabilities	$338,345
Net Assets	$1,094,792

Compensation

Key Employees and Officers	Compensation	Related	Other
Mark A Bloomfield (President & Director)	$747,380	$0	$61,956
Pinar Cebi Wilber (Chief Economist & Exec. Vp)	$126,000	$0	$13,860
Hamideh Kashaninejad (Treasurer)	$105,038	$0	$11,660
Frederique Schreuder See Sch O (Secretary)	$60,500	$0	$6,655
Richard D Shelby (Director)	$0	$0	$0
Richard Rahn (Director)	$0	$0	$0
Steve Wechsler (Director)	$0	$0	$0

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990

Filed on June 28, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2021

Revenue

$905,000

Expenses

$729,208

Net Income

$175,792

Net Assets

$1,754,503

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$45,000	5.0%
Program Services	$860,000	95.0%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$277,637	38.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$87,362	12.0%

Assets/Debt
Total Assets	$2,371,741
Total Liabilities	$617,238
Net Assets	$1,754,503

Compensation

Key Employees and Officers	Compensation	Related	Other
Mark A Bloomfield (President & Director)	$171,765	$0	$58,834
Pinar Cebi Wilber (Chief Economist & Executive V.P)	$113,033	$0	$14,430
Hamideh Kashaninejad (Treasurer)	$105,717	$0	$12,177
Frederique Schreuder See Sch O (Secretary)	$60,877	$0	$7,002
Richard D Shelby (Director)	$0	$0	$0
Richard Rahn (Director)	$0	$0	$0
Steve Wechsler (Director)	$0	$0	$0

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990

Filed on March 28, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2020

Revenue

$690,000

Expenses

$290,663

Net Income

$399,337

Net Assets

$1,578,711

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$25,000	3.6%
Program Services	$665,000	96.4%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$118,085	40.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$5,661	1.9%

Assets/Debt
Total Assets	$2,225,411
Total Liabilities	$646,700
Net Assets	$1,578,711

Compensation

Key Employees and Officers	Compensation	Related	Other
Pinar Cebi Wilber (Chief Economist & Executive Vp)	$119,168	$0	$9,868
Hamideh Kashaninejad (Treasurer)	$105,767	$0	$9,092
Mark A Bloomfield (President & Director)	$75,372	$0	$26,047
Frederique Schreuder See Sch O (Secretary)	$60,859	$0	$6,722
Richard D Shelby (Director)	$0	$0	$0
Richard Rahn (Director)	$0	$0	$0
Steve Wechsler (Director)	$0	$0	$0
Susan Neely (Director)	$0	$0	$0

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990

Filed on May 11, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$871,500

Expenses

$1,306,363

Net Income

-$434,863

Net Assets

$1,209,374

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$194,000	22.3%
Program Services	$677,500	77.7%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$620,962	47.5%
Professional Fundraising Fees	$0
Other Salaries and Wages	$151,835	11.6%

Assets/Debt
Total Assets	$1,787,392
Total Liabilities	$578,018
Net Assets	$1,209,374

Compensation

Key Employees and Officers	Compensation	Related	Other
Mark A Bloomfield (President & Director)	$351,781	$0	$59,000
Pinar Cebi Wilber (Economist)	$155,588	$0	$17,088
Hamideh Kashaninejad (Treasurer)	$131,502	$0	$15,802
Timothy Doyle (Vp Of Policy & Gen. (Through 07/19))	$117,048	$0	$13,215
George Dave Banks (Executive Vp (Through 06/19))	$84,719	$0	$10,548
Frederique Schreuder (Secretary)	$68,185	$0	$0
Richard D Shelby (Director)	$0	$0	$0
Richard Rahn (Director)	$0	$0	$0
Steve Wechsler (Director)	$0	$0	$0
Susan Neely (Director)	$0	$0	$0

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990

Filed on April 30, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2018

Revenue

$1,346,146

Expenses

$1,287,619

Net Income

$58,527

Net Assets

$1,644,237

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$450,046	33.4%
Program Services	$896,100	66.6%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$660,166	51.3%
Professional Fundraising Fees	$0
Other Salaries and Wages	$231,785	18.0%

Assets/Debt
Total Assets	$2,108,668
Total Liabilities	$464,431
Net Assets	$1,644,237

Compensation

Key Employees and Officers	Compensation	Related	Other
Mark A Bloomfield (President & Director)	$382,945	$0	$63,014
Dennis Drew Bond (Senior Fellow)	$224,174	$0	$19,347
George Dave Banks (Executive Vice President)	$221,532	$0	$24,275
Timothy Doyle (Vp Of Policy & Gen. Counsel)	$181,784	$0	$19,742
Pinar Cebi Wilber (Econimist)	$140,903	$0	$15,204
Hamideh Kashaninejad (Treasurer)	$109,533	$0	$13,754
Frederique Schreuder Sched O (Secretary)	$67,500	$0	$0
Richard D Shelby (Director)	$0	$0	$0
Richard Rahn (Director)	$0	$0	$0
Steve Wechsler (Director)	$0	$0	$0
Susan Neely (Director)	$0	$0	$0

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990

Filed on May 9, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2017

Revenue

$1,195,582

Expenses

$783,614

Net Income

$411,968

Net Assets

$1,585,710

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$210,000	17.6%
Program Services	$985,582	82.4%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$297,551	38.0%
Professional Fundraising Fees	$0
Other Salaries and Wages	$110,398	14.1%

Assets/Debt
Total Assets	$2,034,088
Total Liabilities	$448,378
Net Assets	$1,585,710

Compensation

Key Employees and Officers	Compensation	Related	Other
Mark Bloomfield (President & Director)	$305,344	$0	$54,593
Tim Doyle (Vp Of Policy & Gen. Counsel)	$151,085	$0	$20,406
Dennies Drew Bond (Senior Fellow)	$128,174	$0	$4,314
Pinar Cebi Wilber (Economist)	$121,298	$0	$20,965
George David Banks (Executive Vice President)	$116,809	$0	$6,911
Hamideh Kashaninejad (Treasurer)	$94,061	$0	$21,045
Kayla M Clark (Secretary (Until 10/17))	$45,817	$0	$4,409
Frederique Schreuder (Secretary (From 10/17))	$10,435	$0	$0
Richard D Shelby (Director)	$0	$0	$0
Richard Rahn (Director)	$0	$0	$0
Steve Wechsler (Director)	$0	$0	$0
Susan Neely (Director)	$0	$0	$0

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990

Filed on June 14, 2018

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2016

Revenue

$2,548,000

Expenses

$2,440,727

Net Income

$107,273

Net Assets

$1,173,742

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,752,000	68.8%
Program Services	$796,000	31.2%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$454,820	18.6%
Professional Fundraising Fees	$0
Other Salaries and Wages	$82,433	3.4%

Assets/Debt
Total Assets	$1,595,184
Total Liabilities	$421,442
Net Assets	$1,173,742

Compensation

Key Employees and Officers	Compensation	Related	Other
Mark Bloomfield (President & Director)	$299,729	$0	$44,357
George David Banks (Executive Vice President)	$277,966	$0	$7,187
Tim Doyle (Vp Of Policy & Gen. Counsel)	$122,801	$0	$0
Pinar Cebi Wilber (Economist)	$107,163	$0	$12,108
Hamideh Kashaninejad (Tresurear)	$82,892	$0	$10,458
Dave Mccurdy (Director)	$0	$0	$0
Richard Rahn (Director)	$0	$0	$0
Steve Wechsler (Director)	$0	$0	$0
Susan Neely (Director)	$0	$0	$0

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990

Filed on July 12, 2017

Primary tax return for a nonprofit’s activities, finances, and governance

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Schedules ▼

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Fiscal Year Ending Dec.
2015

Revenue

$9,811,567

Expenses

$9,416,650

Net Income

$394,917

Net Assets

$1,066,469

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$8,475,000	86.4%
Program Services	$1,334,368	13.6%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$2,199	0.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$455,318	4.8%
Professional Fundraising Fees	$0
Other Salaries and Wages	$107,863	1.1%

Assets/Debt
Total Assets	$1,457,019
Total Liabilities	$390,550
Net Assets	$1,066,469

Compensation

Key Employees and Officers	Compensation	Related	Other
Margo Thorning Until 415 (Senior Vice President)	$351,940	$0	$14,416
Mark A Bloomfield (President, Ceo & Director)	$310,739	$0	$47,041
George David Banks From 115 (Executive Vice President)	$201,150	$0	$9,662
Pinar Cebi Wilber (Economist)	$101,720	$0	$16,316
Hamideh Kashaninejad (Treasurer)	$50,667	$0	$0
Dave Mccurdy (Director)	$0	$0	$0
Richard W Rahn (Director)	$0	$0	$0
Steven A Wechsler (Director)	$0	$0	$0
Susan Neely (Director)	$0	$0	$0

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990

Filed on July 11, 2016

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2014

Revenue

$982,738

Expenses

$1,070,507

Net Income

-$87,769

Net Assets

$671,552

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$965,750	98.3%
Program Services	$14,824	1.5%
Investment Income	$12	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$2,152	0.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$611,188	57.1%
Professional Fundraising Fees	$0
Other Salaries and Wages	$22,609	2.1%

Assets/Debt
Total Assets	$1,344,952
Total Liabilities	$673,400
Net Assets	$671,552

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$1,046,464

Expenses

$1,009,280

Net Income

$37,184

Net Assets

$759,321

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,042,250	99.6%
Program Services	$1,752	0.2%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$2,462	0.2%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$673,342	66.7%
Professional Fundraising Fees	$0
Other Salaries and Wages	$290,641	28.8%

Assets/Debt
Total Assets	$1,411,457
Total Liabilities	$652,136
Net Assets	$759,321

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$1,286,991

Expenses

$1,375,398

Net Income

-$88,407

Net Assets

$722,137

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,281,150	99.5%
Program Services	$4,545	0.4%
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$1,296	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$844,261	61.4%
Professional Fundraising Fees	$0
Other Salaries and Wages	$18,187	1.3%

Assets/Debt
Total Assets	$1,333,944
Total Liabilities	$611,807
Net Assets	$722,137

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$1,498,384

Expenses

$1,365,474

Net Income

$132,910

Net Assets

$810,544

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,489,926	99.4%
Program Services	$0
Investment Income	$0
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$8,458	0.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$707,030	51.8%
Professional Fundraising Fees	$42	0.0%
Other Salaries and Wages	$44,703	3.3%

Assets/Debt
Total Assets	$1,336,990
Total Liabilities	$526,446
Net Assets	$810,544

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2008

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2007

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2006

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2005

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2004

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

Raw filing data. Includes EINs and summary financials as structured data.
Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated July 11, 2024

American Council For Capital Formation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $935k (2022)

Expenses $1.59M (2022)

Total Assets $1.43M (2022)

Total Liabilities $338k (2022)

Tax Filings by Year

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2011

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2010

No Extracted Financial Data

Document Links

Revenue

$935k (2022)

Expenses

$1.59M (2022)

Total Assets

$1.43M (2022)

Total Liabilities

$338k (2022)

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004