Skip to content
ProPublica Donate
ProPublica Donate

American Council For Capital Formation

Organization summary

Type of Nonprofit

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

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$680k (2023)

Expenses
$699k (2023)

Total Assets
$1.3M (2023)

Total Liabilities
$219k (2023)

Source: Form 990 tax filings from 2011 to 2023

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.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$680,000
Expenses
$698,641
Net Income
-$18,641
Net Assets
$1,076,151
Notable Sources of Revenue Percent of Total Revenue
Contributions $25,000
3.7%
Program Services $655,000
96.3%
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 $300,949
43.1%
Professional Fundraising Fees $0
Other Salaries and Wages $47,509
6.8%
Assets/Debt
Total Assets $1,295,571
Total Liabilities $219,420
Net Assets $1,076,151
Compensation
Key Employees and Officers Compensation Related Other
Mark A Bloomfield (President & Director) $174,247 $0 $58,834
Pinar Cebi Wilber (Chief Economist & Exec. Vp) $126,000 $0 $14,430
Hamideh Kashaninejad (Treasurer) $105,036 $0 $12,177
Frederique Schreuder See Sch O (Secretary) $60,500 $0 $7,002
Richard D Shelby (Director) $0 $0 $0
Richard Rahn (Director) $0 $0 $0
Steve Wechsler (Director) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
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

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
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

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
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

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
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

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
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

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
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

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
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

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
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

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
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

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
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

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
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

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
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

Document Links

Fiscal Year Ending Dec.
2010

No Extracted Financial Data

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

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

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

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

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

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

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

Document Links

Fiscal Year Ending Dec.
2006

No Extracted Financial Data

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

Document Links

Fiscal Year Ending Dec.
2005

No Extracted Financial Data

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

Document Links

Fiscal Year Ending Dec.
2004

No Extracted Financial Data

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

Document Links

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 »