UPPER MIDWEST AUTOMATED CLEARING HOUSE ASSOCIATION INC
7100 NORTHLAND CIRCLE SUITE 407, BROOKLYN PARK, MN 55428 www.umacha.org

Total Revenue
$2,149,944
Total Expenses
$1,978,236
Net Assets
$1,707,608

Organizations Filed Purposes: SUPPORT MEMBERS AND OTHER STAKEHOLDERS USING ELECTRONIC PAYMENTS THROUGH EDUCATION, COMPLIANCE, AND OPERATIONAL SUPPORT, WITH A PARTICULAR EMPHASIS ON THE AUTOMATED CLEARING HOUSE NETWORK.

SUPPORT MEMBERS AND STAKEHOLDERS USING ELECTRONIC PAYMENTS THROUGH EDUCATION, COMPLIANCE, AND OTHER.

UMACHA PROVIDES EDUCATIONAL WORKSHOPS, WEBINARS, SYMPOSIUMS, AND CONFERENCES TO MEMBERS AND OTHER STAKEHOLDERS ON ELECTRONIC PAYMENTS WITH A FOCUS ON THE ACH NETWORK. THE FACE-TO-FACE SESSIONS ARE PRIMARILY IN THE 9TH FEDERAL RESERVE DISTRICT WHILE THE WEBINARS ARE OPEN TO ANY BUSINESS INTERESTED IN THE SUBJECT MATTER.THE ORGANIZATION PARTICIPATED IN 112 CONFERENCES, SEMINARS AND WEBINARS DURING 2020.

UMACHA OFFERS PUBLICATIONS AND EDUCATIONAL MATERIALS TO ASSIST MEMBER AND NON-MEMBER ORGANIZATIONS IN THE AREAS OF ACH AND ELECTRONIC PAYMENTS.THE ORGANIZATION SOLD A TOTAL OF 4,922 PUBLICATIONS DURING 2020.

UMACHA PERFORMS AUDITS OF COMPLIANCE WITH THE ACH RULES AND RISK ASSESSMENTS IN THE AREAS OF ACH AND REMOTE DEPOSIT CAPTURE TO ASSIST OUR MEMBERS WHEN IT COMES TO COMPLIANCE WITH BOTH CURRENT RULES AND BANKING REGULATIONS.THE ORGANIZATION WAS INVOLVED IN 219 AUDITS AND 53 RISK ASSESSMENTS DURING 2020.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Angi FarrenPRESIDENT/CEO40$192,429
Jennifer MillerSENIOR DIRECTOR OF SERVICES40$148,376
Angie WanzekDIRECTOR2$0
Michelle WalstadDIRECTOR2$0
Melissa WaitDIRECTOR2$0
Sharon VossDIRECTOR2$0
Karen SpottDIRECTOR2$0
Tim SchmidtDIRECTOR2$0
Ken KirbyDIRECTOR2$0
Laura BurrDIRECTOR2$0
Shelly DollDIRECTOR2$0
Lisa KnickelDIRECTOR - AT LARGE2$0
Vikram IsraniDIRECTOR - AT LARGE2$0
Bill FuchsDIRECTOR - AT LARGE2$0
Michael BilskiDIRECTOR - AT LARGE2$0
Chris GermannVICE CHAIR2$0
Dennis FeterlBOARD CHAIR2$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202122009349300022_public.xml