Form 990 for tax year 2023
Filed by ASSOCIATION OF SECURITIES AND EXCHANGE COMMISSION ALUMNI INC.
Totals
- Total revenue
- $95,793
- Total expenses
- $163,097
- Contributions and grants received
- $65,435
- Grants paid
- $45,000
- Program service revenue
- $21,957
- Investment income
- $8,401
- Other revenue
- $0
- Total assets, end of year
- $621,074
- Total liabilities, end of year
- $37,413
- Net assets or fund balances, end of year
- $583,661
- Program services expenses (Part IX)
- $45,000
- Management and general expenses
- $118,097
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $45,000
Program services were 27.6% 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.
-
1b · Membership dues
$63,050
-
1f · All other contributions, gifts and grants
$2,385
-
2a · Program service revenue: ScholarshipsNetworking
total $21,957 · related or exempt $21,957
-
3 · Investment income
total $8,401 · related or exempt $8,401
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $45,000 · program services $45,000
-
5 · Compensation of officers, directors and key employees
total $85,000 · management and general $85,000
-
10 · Payroll taxes
total $6,503 · management and general $6,503
-
11g · Fees: other
total $7,812 · management and general $7,812
-
12 · Advertising and promotion
total $8,174 · management and general $8,174
-
17 · Travel
total $472 · management and general $472
-
19 · Conferences, conventions and meetings
total $4,423 · management and general $4,423
-
20 · Interest
total $218 · management and general $218
-
21 · Payments to affiliates
total $4,310 · management and general $4,310
-
24a · Other expenses: Postage and delivery
total $110 · management and general $110
-
24b · Other expenses: Newsletter services
total $750 · management and general $750
-
24c · Other expenses: Professional dues
total $325 · management and general $325
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $9,675 · end of year $985
-
2 · Savings and temporary cash investments
beginning of year $182,244 · end of year $67,008
-
9 · Prepaid expenses and deferred charges
beginning of year $11,473 · end of year $50,356
-
11 · Investments: publicly traded securities
beginning of year $466,056 · end of year $502,725
-
17 · Accounts payable and accrued expenses
beginning of year -$42 · end of year $238
-
19 · Deferred revenue
beginning of year $46,975 · end of year $37,175
-
30 · Paid-in or capital surplus, or land, building or equipment fund
beginning of year -$12,739 · end of year $604,213
-
31 · Retained earnings, endowment or other funds
beginning of year $635,254 · end of year -$20,552
Mission and programs · 2023
Mission
To provide for education and growth of securities law and related professionals and promote study of securities law through law schools, provide scholarships for students of securities law and SEC staff.
-
ASECA awarded $45,000 in scholarships to securities law students at seven law schools.
Expenses $45,000 · Revenue $21,957
-
Regional and national educational seminars and receptions were held in 2023.
Revenue $2,385
As filed on the 2023 return.
Listed in Part VII
-
John Hartigan
Director
- Total calculated
- $0
- Hours/week
- 1
-
Randall Lee
Director
- Total calculated
- $0
- Hours/week
- 1
-
Steven Jacobs
Director
- Total calculated
- $0
- Hours/week
- 1
-
Mary Hansen
Director
- Total calculated
- $0
- Hours/week
- 1
-
Juan Marcelino
Director
- Total calculated
- $0
- Hours/week
- 1
-
Patricia Murphy
Director
- Total calculated
- $0
- Hours/week
- 1
-
Keir Gumbs
Director
- Total calculated
- $0
- Hours/week
- 1
-
Mary Hansen
Director
- Total calculated
- $0
- Hours/week
- 1
-
Paul Atkins
Director
- Total calculated
- $0
- Hours/week
- 1
-
Ammani Nagesh
Director
- Total calculated
- $0
- Hours/week
- 1
-
Paul Roye
Director
- Total calculated
- $0
- Hours/week
- 1
-
Elise Walker
Director
- Total calculated
- $0
- Hours/week
- 1
-
Linda Thomsen
Director
- Total calculated
- $0
- Hours/week
- 1
-
Douglas Hyman
Board Member
- Total calculated
- $0
- Hours/week
- 1
-
Jonathan Sokobin
Director
- Total calculated
- $0
- Hours/week
- 1
-
Brandon Becker
Director
- Total calculated
- $0
- Hours/week
- 1
-
Wayne Carnall
Director
- Total calculated
- $0
- Hours/week
- 1
-
Marc Fagel
Director
- Total calculated
- $0
- Hours/week
- 1
-
James Brigagliano
Director
- Total calculated
- $0
- Hours/week
- 1
-
James Lundy
Treasurer
- Total calculated
- $0
- Hours/week
- 1
-
Annmarie Tierney
President
- Total calculated
- $0
- Hours/week
- 2
-
Heather Traeger
Vice President
- Total calculated
- $0
- Hours/week
- 1
-
Deborah Keeler
Executive Director
- Total calculated
- $0
- Hours/week
- 30
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.
Grants on this return
No itemized grants to organizations on this return.
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 30 August 2024
- IRS schema version
- 2023v5.1
- Source object
- 202443059349301754
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