Skip to content
Nonprofiteer
← All organizations

SECURITIES INVESTOR PROTECTION CORPORATION

EIN 52-0910763 WASHINGTON, DC

Largest nonprofits in District of Columbia

Revenue 2024
$625,303,894
Expenses 2024
$177,979,817

As filed

Subsection
06
Classification
2000
Street
1667 K ST NW STE 1000

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

Mission

See Schedule O

  • SIPC initiated no new customer protection proceedings in 2024. Total proceedings commenced under SIPC to date are 330. In 2024, 1 proceeding is being processed. Cash and securities distributed for accounts of customers during 2024 totaled approximately $82 million.

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • William Brodsky

    DIRECTOR

    Total calculated
    $12,000
    From this org
    $12,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2.5
  • Glen S Fukushima

    VICE CHAIR OF BOARD

    Total calculated
    $12,000
    From this org
    $12,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    3
  • William S Jasien

    DIRECTOR

    Total calculated
    $12,000
    From this org
    $12,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    1.5
  • Alan J Patricof

    DIRECTOR

    Total calculated
    $12,000
    From this org
    $12,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    2.5
  • Claudia Slacik

    CHAIR OF BOARD

    Total calculated
    $28,000
    From this org
    $28,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    6
  • Daniel M Covitz

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • W Moses Kim

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2
  • Josephine Wang

    PRESIDENT & CEO

    Total calculated
    $887,614
    From this org
    $934,812
    From related orgs
    $0
    Other
    -$47,198
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $695,753
    Bonus
    $232,641
    Other
    $6,418
    Deferred
    -$71,971
    Nontaxable benefits
    $24,773
    Filer's total
    $887,614
  • Michael L Post

    GENERAL COUNSEL & SECRETARY

    Total calculated
    $768,926
    From this org
    $651,398
    From related orgs
    $0
    Other
    $117,528
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $544,483
    Bonus
    $105,575
    Other
    $1,340
    Deferred
    $92,415
    Nontaxable benefits
    $25,113
    Filer's total
    $768,926
  • Karen L Saperstein

    VICE PRESIDENT - OPERATIONS

    Total calculated
    $681,990
    From this org
    $486,205
    From related orgs
    $0
    Other
    $195,785
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $397,997
    Bonus
    $81,790
    Other
    $6,418
    Deferred
    $145,719
    Nontaxable benefits
    $50,066
    Filer's total
    $681,990
  • Charles E Glover

    VICE PRESIDENT - FINANCE

    Total calculated
    $472,720
    From this org
    $504,905
    From related orgs
    $0
    Other
    -$32,185
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $390,854
    Bonus
    $111,995
    Other
    $2,056
    Deferred
    -$54,213
    Nontaxable benefits
    $22,028
    Filer's total
    $472,720
  • Christopher H Larosa

    SR. ASSOC. GC - LITIGATION

    Total calculated
    $616,499
    From this org
    $383,489
    From related orgs
    $0
    Other
    $233,010
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $348,149
    Bonus
    $34,000
    Other
    $1,340
    Deferred
    $176,190
    Nontaxable benefits
    $56,820
    Filer's total
    $616,499
  • Hemant Sharma

    DEPUTY GENERAL COUNSEL

    Total calculated
    $582,439
    From this org
    $433,935
    From related orgs
    $0
    Other
    $148,504
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $368,096
    Bonus
    $65,122
    Other
    $717
    Deferred
    $88,377
    Nontaxable benefits
    $60,127
    Filer's total
    $582,439
  • Robert C Ferry

    AVP - INFORMATION TECHNOLOGY

    Total calculated
    $516,419
    From this org
    $355,034
    From related orgs
    $0
    Other
    $161,385
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $317,247
    Bonus
    $35,731
    Other
    $2,056
    Deferred
    $114,272
    Nontaxable benefits
    $47,113
    Filer's total
    $516,419
  • Timothy W Timanus

    AVP - OPERATIONS

    Total calculated
    $496,011
    From this org
    $355,860
    From related orgs
    $0
    Other
    $140,151
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $316,120
    Bonus
    $38,400
    Other
    $1,340
    Deferred
    $118,068
    Nontaxable benefits
    $22,083
    Filer's total
    $496,011
  • Kevin H Bell

    SR. ASSOC. GC - DISPUTE RES

    Total calculated
    $431,510
    From this org
    $407,012
    From related orgs
    $0
    Other
    $24,498
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $366,594
    Bonus
    $34,000
    Other
    $6,418
    Deferred
    -$27,832
    Nontaxable benefits
    $52,330
    Filer's total
    $431,510

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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $625,303,894
    Expenses
    $177,979,817
    Contributions
    $0
    Grants paid
    $0
  • 2023
    Revenue
    $511,388,716
    Expenses
    $19,739,606
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $463,655,966
    Expenses
    $130,204,129
    Contributions
    $0
    Grants paid
    $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $520,971,678
    Expenses
    $259,967,770
    Assets (EOY)
    $4,382,745,297
  • 2020 · 990

    Revenue
    $474,981,729
    Expenses
    $11,080,879
    Assets (EOY)
    $4,150,025,171
  • 2019 · 990

    Revenue
    $393,422,450
    Expenses
    -$24,219,968
    Assets (EOY)
    $3,655,191,234
  • 2018 · 990

    Revenue
    $355,846,775
    Expenses
    $182,366,457
    Assets (EOY)
    $3,296,907,939

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.