NORTH AMERICAN SECURITIES ADMINISTRATORS ASSOCIATION INC

As filed

Subsection

03

NTEE code

Z99Z

Classification

1000

Street

750 1ST ST NE

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 · 2023

• OTHER ACTIVITIES ARE ORGANIZED THROUGHOUT THE YEAR TO PROVIDE EDUCATION AND COLLABORATIVE OPPORTUNITIES TO MEMBERS WHO DEAL WITH SECURITIES REGULATION AND ENFORCEMENT MATTERS. AMONG THESE ACTIVITIES, NASAA ROUTINELY PROVIDES NEW CONTENT FOR SERIES 63, SERIES 65 AND SERIES 66 EXAMINATIONS, WHICH ARE OWNED BY NASAA AND ARE UTILIZED IN THE FINANCIAL SERVICES INDUSTRY.

  Expenses $1,965,182 · Revenue $8,627,630

• NASAA'S MULTI-PRONGED MISSION INCLUDES SERVING MEMBERS THROUGH EDUCATION. IN FULFILLING THIS ASPECT OF THE ORGANIZATION'S MISSION, NASAA MAINTAINS A TRAINING AND EDUCATION PROGRAM COMPRISED OF A SERIES OF IN-PERSON TRAINING EVENTS AND WEBINARS THAT TAKE PLACE THROUGHOUT THE YEAR. THE EVENTS ARE LARGELY FUNDED BY THE ORGANIZATION AND AVAILABLE PRIMARILY TO NASAA MEMBERS AND THEIR STAFF. TRAINING EVENTS FOCUSED ON THE FOLLOWING AREAS ARE HELD ANNUALLY: ENFORCEMENT, INVESTMENT ADVISER REGULATION, INVESTOR EDUCATION, BROKER-DEALER REGULATION, CORPORATION FINANCE AND FRANCHISE REGULATION. LITIGATION AND DEPOSITION SKILLS TRAINING SEMINARS ARE HELD IN ALTERNATING YEARS. NASAA RECORDS THESE TRAINING EVENTS AND MAKES THEM AVAILABLE TO MEMBERS ON THE DISTANCE LEARNING SECTION OF THE NASAA WEBSITE.

  Expenses $1,723,041 · Grants $100,000 · Revenue $203,675

• NASAA, UNDER THE LEADERSHIP OF ITS STATE SECURITIES REGULATOR MEMBERS, OPERATES THE ELECTRONIC FILING DEPOSITORY ("EFD"). THE EFD SYSTEM BENEFITS FROM THE OVERSIGHT OF THE NASAA BOARD OF DIRECTORS AND SUBJECT MATTER EXPERTISE FROM THE EFD STEERING COMMITTEE. EFD IS AN INTERNET ACCESSIBLE DATABASE SYSTEM THAT ALLOWS ISSUERS TO SUBMIT REGULATORY FILINGS AND PAY RELATED FEES TO STATE SECURITIES REGULATORS. THE FILINGS THAT CAN BE SUBMITTED THROUGH THE EFD MANAGED FUNCTIONALITY INCLUDE FORM D FOR REGULATION D, RULE 506 FILINGS, FORM NF-UIT FILINGS, FRANCHISE REGISTRATION FILINGS, FORM NF-MUTUAL FUND FILINGS, AS WELL AS OTHER CORPORATE FINANCE FILINGS. EFD ALSO PROVIDES A PUBLIC FACING WEBSITE TO SEARCH AND VIEW, FREE OF CHARGE, FILINGS MADE THROUGH THE SYSTEM TO STATE SECURITIES REGULATORS. THE EFD SYSTEM ALLOWS FILERS AND STATE REGULATORY AGENCIES TO TRANSITION FROM PAPER-BASED FILING SYSTEMS TO AN ELECTRONIC SYSTEM. BY FOSTERING UNIFORMITY IN STATE REGULATORY FILINGS, AND SIMPLIFYING COMMUNICATIONS BETWEEN FILER AND REGULATOR, EFD SERVES ITS MEMBER REGULATORS WITH A MORE EFFICIENT AND EFFECTIVE MEANS TO RECEIVE AND MONITOR SECURITIES FILINGS.

  Expenses $1,533,581 · Revenue $3,297,911

• AN ANNUAL FALL CONFERENCE IS HELD EACH YEAR IN A DIFFERENT CITY IN CONJUNCTION WITH A FULL MEMBERSHIP MEETING. BOTH SERVE TO UPDATE PARTICIPANTS AND MEMBERS ON CURRENT EVENTS PERTAINING TO SECURITIES ADMINISTRATION.

  Expenses $957,497 · Revenue $141,003

• IAR CONTINUING EDUCATION ("IAR CE")

  Expenses $792,056 · Revenue $2,316,153

• SPRING CONFERENCE IN WASHINGTON DC

  Expenses $393,973 · Revenue $28,300

• NASAA EXAMS MODULE ("NEMO") SYSTEM

  Expenses $298,195

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2023

As listed in Part VII of the 2023 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

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

• 2023

  Revenue

  $15,739,705

  Expenses

  $11,298,527

  Contributions

  $0

  Grants paid

  $100,000

• 2022

  Revenue

  $14,184,404

  Expenses

  $8,793,531

  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

  $12,337,192

  Expenses

  $6,430,677

  Assets (EOY)

  $25,487,836

• 2020 · 990

  Revenue

  $7,833,508

  Expenses

  $5,639,145

  Assets (EOY)

  $19,059,883

• 2019 · 990

  Revenue

  $8,626,495

  Expenses

  $7,365,066

  Assets (EOY)

  $16,006,481

• 2018 · 990

  Revenue

  $9,104,691

  Expenses

  $7,016,387

  Assets (EOY)

  $13,606,609

• 2017 · 990

  Revenue

  $7,542,461

  Expenses

  $6,413,411

  Assets (EOY)

  $11,916,669

• 2016 · 990

  Revenue

  $7,942,999

  Expenses

  $6,143,820

  Assets (EOY)

  $10,778,095

• 2015 · 990

  Revenue

  $6,821,429

  Expenses

  $5,669,385

  Assets (EOY)

  $8,813,209

• 2014 · 990

  Revenue

  $6,112,389

  Expenses

  $5,294,529

  Assets (EOY)

  $7,561,371

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

• AMERICAN FOUNDATION FOR SUICIDE PREVENTION

  $75,000

  2023 · SUICIDE PREVENTION

• UNIVERSITY OF NEBRASKA FOUNDATION

  $25,000

  2023 · SUICIDE PREVENTION

Where these grants went next →

Grants received

• INVESTOR PROTECTION TRUST

  $2,000,000

  2024 · PROGRAM SUPPORT

• INVESTOR PROTECTION TRUST

  $1,502,953

  2024 · PROGRAM SUPPORT

Other IRS files