American Legal & Financial Network
Public records raise at least one point you should look into before giving.
What it says it does
ALFN IS A NATIONAL NON-PROFIT MEMBERSHIP-BASED TRADE ASSOCIATION SERVING THE FINANCIAL SERVICES INDUSTRY. OUR MISSION IS TO SERVE OUR MEMBERS THROUGH LEADERSHIP, EDUCATION, ADVOCACY, AND PROFESSIONAL DEVELOPMENT. SEE SCHEDULE O FOR MORE INFO.
- Income
- $1.7 million
- Spending
- $1.5 million
- Employees
- 4
- Volunteers
- 600
- Highest pay
- $246,023, president and ceo
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Governance
This return does not answer enough of the governance questions to score.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- EVENTS AND EDUCATION:THE ORGANIZATION AND ITS MEMBERS STRIVE TO BE THE RECOGNIZED LEADER OFLEGAL EDUCATION IN THE FINANCIAL SERVICES INDUSTRY. IN 2024 WE HELD 4 LIVE IN-PERSON EVENTS, 12 WEBINARS, AND OTHER ONLINE PRESENTATIONS WITH ALFN COMMITTEES. OUR ONLINE PRESENTATIONS ARE RECORDED AND MADE AVAILABLE ON-DEMAND. ALL OF OUR EVENTS ARE CONDUCTED TO CONTINUE OFFERING OUR MEMBERS AND CLIENTS WITH EDUCATIONAL AND NETWORKING OPPORTUNITIES. SEE SCHEDULE O FOR MORE INFO. FORM 990, PART III, LINE 4A, PROGRAM SERVICE ACCOMPLISHMENTS: PRIMARY EDUCATIONAL EVENTS, HOSTED BY THE ALFN: ALONGSIDE OUR EDUCATION AND MEMBER ADVOCACY OFFERINGS, NETWORKING WITH YOUR PEERS AND CLIENTS IS ONE OF THE MOST IMPORTANT BENEFITS THAT WE OFFER OUR MEMBERS. WE WERE VERY PLEASED TO HAVE MORE ATTENDEES AT SOME OF OUR EVENTS IN 2024 AS COMPARED TO 2023, AND MORE CLIENT ATTENDEES AT SOME OF OUR 2024 EVENTS. WE ALSO MAINTAINED BUDGETED FUNDS THAT WE UTILIZE TO PROVIDE SERVICER SCHOLARSHIPS TO ATTEND ALFN EVENTS, WHICH HELPED US GET MORE OF OUR MEMBERS' CLIENTS IN ATTENDANCE. WE WERE ALSO PLEASED TO PROCURE ATTENDANCE FROM GSE'S AND INVESTORS, AS WELL AS SPECIAL GUEST SPEAKERS, WHICH ADD EVEN MORE VALUE TO OUR EVENT NETWORKING AND EDUCATIONAL PROGRAMMING. OUR STAFF AND BOARD OF DIRECTORS WORK TIRELESSLY TO MAKE SURE THAT ALL ALFN EVENTS REMAIN IMPACTFUL AND BENEFICIAL FOR ALL OF OUR EVENT ATTENDEES. ANSWERS - ALFN TWENTY SECOND ANNUAL CONFERENCE, HELD JULY 14-17 AT THE PARK HYATT BEAVER CREEK RESORT, WITH 12 EDUCATIONAL SESSIONS, ALFN ANNUAL AWARDS LUNCHEON, MEMBER-ONLY AND CLIENT-ONLY SESSIONS, AND 271 ATTENDEES. THIS ANNUAL EVENT IS HELD EACH JULY AT A DIFFERENT RESORT DESTINTATION, WITH 225-400 ATTENDEES. ANSWERS REMAINS THE KEY EVENT FOR ALFN MEMBERS AND THE ASSOCIATION'S SERVICING PARTNERS TO MEET, NETWORK, GROW THEIR BUSINESS, AND DEEPEN THEIR RELATIONSHIPS. ANSWERS IS A MORTGAGE SERVICING AND REGULATORY COMPLIANCE EVENT THAT LEADS THE INDUSTRY IN EDUCATIONAL CONTENT AND NETWORKING OPPORTUNITIES. ANSWERS BRINGS TOGETHER ATTENDEES FROM MORTGAGE SERVICERS, GOVERNMENT-SPONSORED ENTERPRISES, NATIONAL BANKING INSTITUTIONS AS WELL AS THE ALFN'S LEADING NETWORK OF ATTORNEYS, TRUSTEES, AND INDUSTRY SERVICE PROVIDERS. 5 HOURS OF CLE CREDIT WAS AVAILABLE FOR ATTORNEYS AT THIS EVENT. INTERSECT (FORECLOSURE + BANKRUPTCY) - ALFN THIRTEENTH ANNUAL FORECLOSURE & BANKRUPTCY CONFERENCE, HELD IN-PERSON NOVEMBER 20 AT THE MARRIOTT DALLAS UPTOWN, WITH 3 GENERALSESSIONS, 6 BREAKOUT SESSIONS (3 FORECLOSURE & 3 BANKRUPTCY) AND 174 ATTENDEES. THIS EVENT WAS A COMBINATION OF OUR PREVIOUS FORECLOSURE AND BANKRUPTCY INTERESECT EVENTS, WHICH WERE HELD SEPARATLEY PRIOR TO 2024. THIS ANNUAL EVENT IS HELD EACH FALL IN DALLAS, WITH 140-175 ATTENDEES. THIS PROGRAM COVERS THE LATEST UPDATES IN FORECLOSURE & BANKRUPTCY, INCLUDING A FORECAST OF TRENDS AND ISSUES TO COME. OUR SCHEDULE INCLUDES DETAILED SESSIONS ON NATIONAL ISSUES AND FORECLOSURE & BANKRUPTCY TOPICS, AND SPOTLIGHTS STATE-SPECIFIC ISSUES THAT HAVE A BROAD IMPACT ON OUR INDUSTRY. SESSIONS ARE STRUCTURED FOR BOTH BASIC AND ADVANCED LEVELS. INTERSECT REINFORCES POSITIVE COLLABORATION WITH BANKRUPTCY AND FORECLOSURE DEPARTMENTS, LEGAL COUNSEL, SERVICE PROVIDERS, BORROWERS AND INVESTORS. 6 HOURS OF CLE CREDIT WAS AVAILABLE FOR ATTORNEYS AT THIS EVENT. IDEA SUMMIT - ALFN SECOND ANNUAL INCLUSION DIVERSITY EQUITY & AWARENESS "IDEA" SUMMIT WAS HELD IN-PERSON MAY 1-2 AT THE THOMPSON DALLAS, WITH 5 GENERAL SESSIONS AND 70 ATTENDEES. THIS ANNUAL DEI SUMMIT, HELD EACH SPRING IN DALLAS WITH 50-100 ATTENDEES, IS HOSTED BY THE ALFN IDEA COMMITTEE. AT THE ALFN IDEA SUMMIT, WE BRING TOGETHER THOUGHT LEADERS, INDUSTRY EXPERTS, AND ADVOCATES TO ENGAGE IN CRITICAL DISCUSSIONS AND EXPLORE INNOVATIVE SOLUTIONS SURROUNDING DEI ISSUES. OUR AGENDA INCLUDES GUEST SPEAKERS, PANEL DISCUSSIONS, AND INTERACTIVE ROUNDTABLES THAT INSPIRE, EDUCATE, AND EMPOWER ATTENDEES. WILLPOWER - ALFN SEVENTH ANNUAL WOMEN IN LEGAL LEADERSHIP "WILL" SUMMIT WAS HELD IN-PERSON MAY 1-2 AT THE THOMPSON DALLAS, WITH 6 GENERAL SESSIONS AND 122 ATTENDEES. THIS ANNUAL WOMEN'S LEADERSHIP SUMMIT, HELD EACH SPRING IN DALLAS WITH 100-150 ATTENDEES, IS HOSTED BY THE ALFN'S LARGEST MEMBER-DRIVEN VOLUNTEER GROUP, WOMEN IN LEGAL LEADERSHIP "WILL". THIS EVENT IS LESS ABOUT YOUR TYPICAL INDUSTRY TOPICS, AND MORE ABOUT BUILDING RELATIONSHIPS AND PROFESSIONAL DEVELOPMENT ALONGSIDE SOME OF THE INDUSTRY'S BRIGHTEST THOUGHT LEADERS, CONNECTED BY THE SAME WILL OF EMPOWERING WOMEN TO LEAD. MEN ARE ALSO ENCOURAGED TO ATTEND AND BE INVOLVED. ADDITIONAL EDUCATIONAL EVENTS HOSTED BY THE ALFN: ONLINE WEBINARS - ALFN CONTINUES TO PROVIDE SEVERAL WEBINARS EACH YEAR TO ASSIST OUR MEMBERS AND CLIENTS REGARDING BREAKING NATIONAL AND LOCAL LEGAL ISSUES. SINCE THE WEBINAR PROGRAM STARTED IN JANUARY 2008, ALFN HAS HOSTED OVER 375 WEBINARS ON TOPICS COVERING ECONOMIC OUTLOOK, LITIGATION TRENDS, REGULATORY AND COMPLIANCE UPDATES, LEGISLATIVE UPDATES, BANKRUPTCY BEST PRACTICES, OTHER FORECLOSURE RELATED TOPICS, AND MANY OTHERS. OUR WEBINARS REACH AN AVERAGE AUDIENCE OF 50 200+ FOR EACH PRESENTATION, WITH NEARLY HALF OF THOSE ATTENDEES TYPICALLY BEING MORTGAGE SERVICERS & GSE'S. ALFN CONSISTENTLY PLACES GOOD, SOLID, PRACTICAL INFORMATION IN THE HANDS OF OUR MEMBERS AND CLIENTS ON A REGULAR BASIS. OUR REGULAR WEBINAR ATTENDEES ARE MEMBERS OF THE ALFN, MEMBERS OF THE LOAN SERVICING COMMUNITY EXECUTIVE MANAGEMENT, IN-HOUSE COUNSEL, INVESTOR GROUPS, AND STATE AND FEDERAL HOUSING AND RATING AGENCY EXECUTIVES. BASED ON ATTENDEE FEEDBACK, THESE BROADCASTS CONTINUE TO BE ONE OF OUR TOP-RATED ONLINE EDUCATIONAL OFFERINGS. OUR COMMITTEE MEMBERS REGULARLY HOST WEBINARS ON REGULATORY ISSUES AND OTHER LEGAL TOPICS, AS WELL AS PRACTICE BUILDING AND PROFESSIONAL DEVELOPMENT TOPICS. ONSITE OR ONLINE TRAINING FOR MORTGAGE SERVICERS: WE PERIODICALLY HOST ONSITE TRAINING EVENTS AT MORTGAGE SERVICER LOCATIONS TO TRAIN THEIR STAFF ON INDUSTRY TOPICS AND LEGAL ISSUES. WE ALSO OFFER CUSTOMIZED ONL
- 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. FORM 990, PART III, LINE 4B, PROGRAM SERVICE ACCOMPLISHMENTS: ADVOCACY & INDUSTRY LEADERSHIP: WE COMMUNICATED WITH THE CFPB REGARDING OURLETTER SURROUNDING THE PROPOSED CHANGES TO REGULATION X. WE CONTINUED OUR OUTREACH TO VA, FANNIE MAE AND FREDDIE MAC TO CONTINUE ADVOCATING FOR THE NEEDS OF OUR COLLECTIVE MEMBERS. ALFN CONTINUES TO MAINTAIN A DIRECT SOURCE REO CLOSING AND TITLE REFERRAL PROGRAM WITH REO NATIONWIDE THAT CONTINUES TO FUNNEL REO CLOSING AND TITLE BUSINESS TO LAW FIRM MEMBERS OF THE ALFN. MORTGAGE SERVICERS CONTINUE TO SEEK REFERRALS THROUGH THE ALFN MEMBER NETWORK, AND PEER-TO-PEER NETWORK REFERRALS CONTINUE AMONG MEMBERS THROUGH THE ALFN. THESE RELATIONSHIPS HAVE DIRECTLY RESULTED IN NEW BUSINESS OPPORTUNITIES FOR OUR MEMBERS AND DIRECT COST SAVINGS ON MANY IMPORTANT PRODUCTS AND SERVICES UTILIZED BY ALFN MEMBERS. ALFN CONTINUES TO WORK WITH OTHER ASSOCIATIONS IN OUR INDUSTRY WHERE IT MUTUALLY BENEFITS OUR MEMBERS AND CLIENTS. WE PERIODICALLY PARTICIPATE WITH THESE OTHER INDUSTRY ASSOCIATIONS THROUGH JOINT TASK FORCES TO DRAFT COMMENT LETTERS ON REGULATORY ISSUES AND OTHER ISSUES IMPACTING OUR JOINT MEMBERS. ALFN ALSO SUBMITS INDIVIDUAL COMMENT LETTERS. WE CONTINUALLY SEEK OPPORTUNITIES WHERE OUR ADVOCACY EFFORTS CAN RESULT IN POSITIVE RESULTS FOR THE BEST INTERESTS OF OUR MEMBERS.
- 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. FORM 990, PART III, LINE 4C, PROGRAM SERVICE ACCOMPLISHMENTS: PUBLICATIONS: ALFN PUBLICATIONS ARE MADE AVAILABLE ONLINE ONLY, AND ARE DISTRIBUTED TO OUR INDUSTRY DATABASE OF CONTACTS, FEATURED ON OUR WEBSITE, AND AVAILABLE ON OUR EVENT MOBILE APP DURING AT ALL ALFN EVENTS THROUGHOUT THE YEAR AND AT OUR EXHIBIT BOOTH AT THE MBA SERVICING SOLUTIONS CONFERENCE EACH FEBRUARY. THE ANGLE IS THE ALFN'S FLAGSHIP PUBLICATION, PUBLISHED ONLINE EACH QUARTER. THE MAGAZINE FEATURES IN-DEPTH LEGAL ANALYSIS OF LOCAL, STATE, AND FEDERAL LAWS AFFECTING MORTGAGE SERVICING, BANKRUPTCY AND FORECLOSURE THROUGHOUT THE COUNTRY. READERS WILL FIND MEMBER SPOTLIGHTS, STATE SNAPSHOTS, INFOGRAPHICS, AND FEATURE-LENGTH ARTICLES IN EACH ISSUE OF THE ANGLE. WILLED CONTAINS ARTICLES THAT ARE AUTHORED BY MEMBERS OF THE ALFN'S WOMEN IN LEGAL LEADERSHIP (WILL) GROUP, AND IS PUBLISHED ONLINE ON A QUARTERLY BASIS. ARTICLES FOCUS DIRECTLY ON THE ISSUES THAT IMPACT WOMEN, WITH A FOCUS ON EMPOWERING WOMEN BY PROVIDING THE EDUCATIONAL TOOLS THEY NEED TO BE LEADERS. THE MEMBERSHIP DIRECTORY GUIDE (THE LEGALIST) IS DISTRIBUTED ONLINE, AND IS UPDATED EACH JULY. THIS PUBLICATION INCLUDES AN EASY-TO-USE ALPHABETICAL LISTING OF ALL ALFN MEMBERS THROUGHOUT THE COUNTRY AND IS ORGANIZED BY STATE (FOR LAW FIRM/FORECLOSURE TRUSTEE MEMBERS) AND BY SERVICE OFFERING (FOR ASSOCIATE MEMBERS). THE PUBLICATION ALSO INCLUDES INFORMATION ABOUT THE ALFN, HOW TO JOIN, EVENT INFORMATION AND OTHER DETAILS ABOUT THE ALFN. THE ANNUAL AWARDS PUBLICATION IS AVAILABLE ONLINE, AND IS USED TO RECOGNIZE THE RECIPIENTS OF OUR 3 DIFFERENT AWARD TYPES. THE PUBLICATION IS RELEASED EACH JULY AT OUR ANSWERS CONFERENCE.
- 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.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(6) business league.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Caution.
The IRS master file records contributions to this 501(c)(6) business league as not deductible.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since April 2003.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.