Totals
- Total revenue
- $3,680,193
- Total expenses
- $3,906,351
- Contributions and grants received
- $3,609,984
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $70,209
- Other revenue
- $0
- Total assets, end of year
- $3,752,814
- Total liabilities, end of year
- $800,076
- Net assets or fund balances, end of year
- $2,952,738
- Program services expenses (Part IX)
- $3,084,568
- Management and general expenses
- $398,612
- Fundraising expenses
- $423,171
- Program service expenses (Part III)
- $3,084,568
Program services were 79.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$3,609,984
-
3 · Investment income
total $70,209 · excluded $70,209
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $727,975 · program services $595,803 · management and general $66,086 · fundraising $66,086
-
7 · Other salaries and wages
total $1,842,775 · program services $1,450,299 · management and general $233,317 · fundraising $159,159
-
8 · Pension plan contributions
total $87,332 · program services $62,874 · management and general $9,288 · fundraising $15,170
-
9 · Other employee benefits
total $229,995 · program services $179,022 · management and general $2,246 · fundraising $48,727
-
10 · Payroll taxes
total $161,232 · program services $127,410 · management and general $19,327 · fundraising $14,495
-
11b · Fees: legal
total $5,336 · program services $4,002 · management and general $534 · fundraising $800
-
11c · Fees: accounting
total $64,636 · program services $48,402 · management and general $6,554 · fundraising $9,680
-
11g · Fees: other
total $316,587 · program services $262,986 · management and general $19,261 · fundraising $34,340
-
13 · Office expenses
total $71,806 · program services $56,394 · management and general $6,067 · fundraising $9,345
-
16 · Occupancy
total $222,227 · program services $165,877 · management and general $23,240 · fundraising $33,110
-
17 · Travel
total $21,422 · program services $13,258 · management and general $2,917 · fundraising $5,247
-
19 · Conferences, conventions and meetings
total $58,335 · program services $54,900 · management and general $1,374 · fundraising $2,061
-
22 · Depreciation, depletion and amortization
total $25,134 · program services $18,851 · management and general $2,513 · fundraising $3,770
-
23 · Insurance
total $21,427 · program services $16,070 · management and general $2,143 · fundraising $3,214
-
24a · Other expenses: PAYROLL PROCESSING FEES
total $25,596 · program services $19,197 · management and general $2,560 · fundraising $3,839
-
24b · Other expenses: DUES AND SUBSCRIPTIONS
total $21,688 · program services $7,094 · management and general $902 · fundraising $13,692
-
24c · Other expenses: MISCELLANEOUS
total $2,848 · program services $2,129 · management and general $283 · fundraising $436
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $134,065 · end of year $49,999
-
2 · Savings and temporary cash investments
beginning of year $2,824,161 · end of year $2,989,593
-
3 · Pledges and grants receivable
beginning of year $275,000 · end of year $7,400
-
9 · Prepaid expenses and deferred charges
beginning of year $29,104 · end of year $50,401
-
10a · Land, buildings and equipment: cost or other basis
$171,100
-
10b · Land, buildings and equipment: accumulated depreciation
$71,812
-
10c · Land, buildings and equipment, net
beginning of year $64,841 · end of year $99,288
-
15 · Other assets
beginning of year $167,136 · end of year $556,133
-
17 · Accounts payable and accrued expenses
beginning of year $144,650 · end of year $196,219
-
25 · Other liabilities
beginning of year $170,761 · end of year $603,857
-
27 · Net assets without donor restrictions
beginning of year $2,903,896 · end of year $2,850,800
-
28 · Net assets with donor restrictions
beginning of year $275,000 · end of year $101,938
Mission and programs · 2023
Mission
TO PROMOTE THE PUBLIC INTEREST IN THE DOMESTIC AND GLOBAL CAPITAL AND COMMODITY MARKETS, WITH AN INITIAL PRIMARY FOCUS ON THE RULEMAKING ARISING FROM THE DODD-FRANK WALL STREET REFORM AND CONSUMER PROTECTION ACT AS WELL AS RELATED GLOBAL FINANCIAL REGULATION.
Activities or mission (Part I)
TO PROMOTE THE PUBLIC INTEREST IN THE DOMESTIC AND GLOBAL CAPITAL AND COMMODITY MARKETS.
-
STUDY, RESEARCH, ANALYZE AND DISCUSS (AT CONFERENCES AND OTHERWISE) HOW FINANCIAL MARKETS WORK, THE ROLE OF MARKETS, AND THE ROLE OF REGULATIONS IN THE FINANCIAL SYSTEM WITHIN THE US AND GLOBALLY. WRITING AND FILING COMMENT LETTERS ON PROPOSED RULES AND MEETING WITH REGULATORS AND OTHERS IN CONNECTION WITH PROPOSED RULES AND/OR FUTURE PROPOSED AND/OR FINAL RULES REGARDING FINANCIAL REFORM AND FINANCIAL REGULATION.
Expenses $3,084,568
As filed on the 2023 return.
Listed in Part VII
-
Michael M MastersMICHAEL M MASTERS
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 0.25
-
Adam WhiteADAM WHITE
TREASURER & SECRETARY UNTIL 08/23
- Total calculated
- $0
- Hours/week
- 0.25
-
Joe SaluzziJOE SALUZZI
TREASURER & SECRETARY
- Total calculated
- $0
- Hours/week
- 0.3
-
David DesjardinsDAVID DESJARDINS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1.3
-
Dedrick Asunte-MuhammadDEDRICK ASUNTE-MUHAMMAD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
Donnel BairdDONNEL BAIRD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.05
-
Dennis KelleherDENNIS KELLEHER
PRESIDENT AND CEO
- Total calculated
- $440,576
- From this org
- $422,100
- From related orgs
- $0
- Other
- $18,476
- Hours/week
- 60
Schedule J breakdown matched by us
- Base
- $422,100
- Bonus
- $0
- Other
- $0
- Deferred
- $16,500
- Nontaxable benefits
- $1,976
- Filer's total
- $440,576
-
Stephen HallSTEPHEN HALL
LEGAL DIRECTOR AND SECURIT
- Total calculated
- $287,400
- From this org
- $273,600
- From related orgs
- $0
- Other
- $13,800
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $273,600
- Bonus
- $0
- Other
- $0
- Deferred
- $13,800
- Nontaxable benefits
- $0
- Filer's total
- $287,400
-
Cantrell DumasCANTRELL DUMAS
DIRECTOR OF DERIVATIVES POLICY
- Total calculated
- $356,276
- From this org
- $302,825
- From related orgs
- $0
- Other
- $53,451
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $302,825
- Bonus
- $0
- Other
- $0
- Deferred
- $15,550
- Nontaxable benefits
- $37,901
- Filer's total
- $356,276
-
Benjamin SchiffrinBENJAMIN SCHIFFRIN
DIRECTOR OF SECURITIES POLICY
- Total calculated
- $229,773
- From this org
- $195,318
- From related orgs
- $0
- Other
- $34,455
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $195,318
- Bonus
- $0
- Other
- $0
- Deferred
- $9,766
- Nontaxable benefits
- $24,689
- Filer's total
- $229,773
-
Shayna OlesiukSHAYNA OLESIUK
DIRECTOR OF BANKING POLICY
- Total calculated
- $206,701
- From this org
- $189,678
- From related orgs
- $0
- Other
- $17,023
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $189,678
- Bonus
- $0
- Other
- $0
- Deferred
- $9,506
- Nontaxable benefits
- $7,517
- Filer's total
- $206,701
-
Anton BeckerANTON BECKER
DIRECTOR OF COMMUNICATIONS
- Total calculated
- $196,621
- From this org
- $155,500
- From related orgs
- $0
- Other
- $41,121
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $155,500
- Bonus
- $0
- Other
- $0
- Deferred
- $7,775
- Nontaxable benefits
- $33,346
- Filer's total
- $196,621
-
Travis HorrTRAVIS HORR
DIRECTOR OF EXTERNAL AFFAIRS
- Total calculated
- $158,471
- From this org
- $143,333
- From related orgs
- $0
- Other
- $15,138
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $143,333
- Bonus
- $0
- Other
- $0
- Deferred
- $7,167
- Nontaxable benefits
- $7,971
- Filer's total
- $158,471
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 28 August 2024
- IRS schema version
- 2023v5.1
- Source object
- 202422499349302002
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.