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COMMITTEE ON CAPITAL MARKETS REGULATION INC

EIN 30-0406260 CAMBRIDGE, MA

Revenue 2024
$3,542,376
Expenses 2024
$3,439,337

Program services were 73.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
B99
Classification
1000
Street
134 MT AUBURN ST

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).

Other organizations at this address

1 other organization in the IRS Business Master File lists the same street address. matched by us

We match the street line and ZIP code as the IRS gives them, ignoring case and outer spaces and nothing else, so "AVE" and "AVENUE" count as different streets and this list can miss some. A shared address can mean related organizations or a shared office, but it can also be a registered agent, a mail drop or a service provider holding mail for unrelated clients. It is not, by itself, evidence that two organizations are connected.

Mission and programs · 2024

Mission

THE SPECIFIC PURPOSES FOR WHICH THE CORPORATION IS FORMED INCLUDE: 1) EXPLORING A RANGE OF ISSUES RELATED TO MAINTAINING AND IMPROVING THE COMPETITIVENESS OF THE US CAPITAL MARKETS; 2) RECOMMENDING POLICY CHANGES THAT SHOULD BE MADE, (CONTINUED ON SCHEDULE O) OR AREAS OF RESEARCH THAT SHOULD BE PURSUED; 3) PRESERVING AND ENHANCING THE BALANCE BETWEEN EFFICIENT AND COMPETITIVE CAPITAL MARKETS AND SHAREHOLDER PROTECTION; AND 4) PURSUING OTHER SIMILAR AREAS OF STUDY AND DISCUSSION.

Activities or mission (Part I)

TO RESEARCH AND ADDRESS SPECIFIC ISSUES AFFECTING THE REGULATION OF U.S. CAPITAL MARKETS.

  • THE COMMITTEE ON CAPITAL MARKETS REGULATION, INC. IS AN INDEPENDENT AND NONPARTISAN RESEARCH ORGANIZATION DEDICATED TO IMPROVING THE REGULATION OF U.S. CAPITAL MARKETS. THE COMMITTEE'S RESEARCH PROVIDES POLICYMAKERS WITH A NONPARTISAN EMPIRICAL FOUNDATION FOR PUBLIC POLICY AND EDUCATES THE PUBLIC ON THESE ISSUES. IN 2024, THE COMMITTEE RELEASED TWO MAJOR REPORTS: AN ANALYSIS OF THE CONSTITUTIONALITY OF STATE ESG LAWS (OCT. 2024), AND THE 2018 AND 2020 CAPITAL AND LIQUIDITY REFORMS AND BANK LENDING,, WHICH WAS RELEASED IN JANUARY 2024 BUT PREPARED IN 2023. THE EXPENSES ASSOCIATED WITH THESE REPORTS WERE LIKELY IN THE RANGE OF $500,000. THE COMMITTEE ALSO RELEASED TWO STATEMENTS: (1) THE HISTORIC PACE OF SEC RULEMAKING AND LITIGATION (OCT. 2024), AND (2) SEC RULEMAKING PACE: METHODOLOGY COMPARISON (NOV. 2024). IN ADDITION TO ITS MAJOR REPORTS AND STATEMENTS, THE COMMITTEE UPDATED ITS ANNUAL ANALYSIS OF MONETARY SANCTIONS IMPOSED BY U.S. ENFORCEMENT AGENCIES AND SUBMITTED FOUR COMMENT LETTERS TO FEDERAL FINANCIAL REGULATORY AGENCIES: ONE TO THE COMMODITY FUTURES TRADING COMMISSION ("CFTC"), ONE TO THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM ("FED"), AND TWO TO THE FEDERAL DEPOSIT INSURANCE CORPORATION ("FDIC").

    Expenses $2,532,803 · Revenue $35,260

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.

  • Hal S Scott

    PRESIDENT/DIRECTOR

    Total calculated
    $764,500
    From this org
    $745,000
    From related orgs
    $0
    Other
    $19,500
    Hours/week
    30

    Schedule J breakdown matched by us

    Base
    $612,000
    Bonus
    $110,000
    Other
    $23,000
    Deferred
    $19,500
    Nontaxable benefits
    $0
    Filer's total
    $764,500

  • Robert Glenn Hubbard

    CO-CHAIR/DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • John L Thornton

    CO-CHAIR/DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Leslie N Silverman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Barbara G Novick

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Andrew Kuritzkes

    DIRECTOR (APPT. 12/2/24)

    Total calculated
    $0
    Hours/week
    0.5

  • Jacqueline McCabe

    VP/SECRETARY

    Total calculated
    $87,550
    From this org
    $85,000
    From related orgs
    $0
    Other
    $2,550
    Hours/week
    20

  • Cristina Leone

    TREASURER/CFO

    Total calculated
    $130,107
    From this org
    $120,785
    From related orgs
    $0
    Other
    $9,322
    Hours/week
    25

  • John A Gulliver

    EXECUTIVE DIRECTOR

    Total calculated
    $493,850
    From this org
    $473,000
    From related orgs
    $0
    Other
    $20,850
    Hours/week
    30

    Schedule J breakdown matched by us

    Base
    $395,000
    Bonus
    $55,000
    Other
    $23,000
    Deferred
    $8,725
    Nontaxable benefits
    $12,125
    Filer's total
    $493,850

  • Andrew Beatty

    SR. RESEARCH FELLOW

    Total calculated
    $158,119
    From this org
    $147,688
    From related orgs
    $0
    Other
    $10,431
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $137,688
    Bonus
    $10,000
    Other
    $0
    Deferred
    $4,431
    Nontaxable benefits
    $6,000
    Filer's total
    $158,119

  • Connor Kortje

    SR. RESEARCH FELLOW

    Total calculated
    $253,566
    From this org
    $240,355
    From related orgs
    $0
    Other
    $13,211
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $225,355
    Bonus
    $15,000
    Other
    $0
    Deferred
    $7,211
    Nontaxable benefits
    $6,000
    Filer's total
    $253,566

  • Jessie Stefanik

    SR. RESEARCH FELLOW

    Total calculated
    $139,094
    From this org
    $135,384
    From related orgs
    $0
    Other
    $3,710
    Hours/week
    50

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
    $3,542,376
    Expenses
    $3,439,337
    Contributions
    $3,277,713
    Grants paid
    $0
  • 2023
    Revenue
    $3,450,236
    Expenses
    $3,254,757
    Contributions
    $3,281,783
    Grants paid
    $0
  • 2022
    Revenue
    $3,152,127
    Expenses
    $2,840,931
    Contributions
    $3,032,038
    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
    $2,780,103
    Expenses
    $2,564,347
    Assets (EOY)
    $4,672,372

  • 2019 · 990

    Revenue
    $2,610,095
    Expenses
    $2,159,480
    Assets (EOY)
    $3,894,911

  • 2018 · 990

    Revenue
    $2,613,535
    Expenses
    $2,405,606
    Assets (EOY)
    $3,418,412

  • 2017 · 990

    Revenue
    $2,283,605
    Expenses
    $2,173,508
    Assets (EOY)
    $3,129,828

  • 2016 · 990

    Revenue
    $2,097,977
    Expenses
    $1,956,268
    Assets (EOY)
    $2,984,019

  • 2015 · 990

    Revenue
    $1,800,007
    Expenses
    $1,555,788
    Assets (EOY)
    $2,826,208

  • 2014 · 990

    Revenue
    $1,601,085
    Expenses
    $1,371,124
    Assets (EOY)
    $2,582,642

  • 2013 · 990

    Revenue
    $1,648,036
    Expenses
    $1,434,079
    Assets (EOY)
    $2,328,845

  • 2012 · 990

    Revenue
    not reported
    Expenses
    $1,363,470
    Assets (EOY)
    $2,108,604

  • 2011 · 990

    Revenue
    not reported
    Expenses
    $1,278,135
    Assets (EOY)
    $1,941,434

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. Showing the 10 most recent; the API carries the rest.

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

The 10 largest by cash amount. The API serves every itemized grant.

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

Listed as of 13 October 2026, under deductibility PC.

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 29 October 2026, for every organization at once. Returns through tax year 2024, the newest we have parsed for this organization.