2022-09-14T08:54:18-05:00 2021-12-31 521711839 COUNCILOR BUCHANAN & MITCHELL PC 7910 WOODMONT AVE STE 500 BETHESDA MD 20814 990 2021-01-01 272227363 BETTER MARKETS INC BETT 2026186464 1825 K STREET NW 1080 WASHINGTON DC 20006 DENNIS M KELLEHER PRESIDENT AND CEO 2026186464 2022-08-29 1 DENNIS KELLEHER 999009999 DANIEL L WEAVER P01249346 3019860600 2022-08-31 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z DENNIS M KELLEHER 1825 K STREET NW 1080 WASHINGTON DC 20006 2622347 0 X WWW.BETTERMARKETS.COM X 2010 GA TO PROMOTE THE PUBLIC INTEREST IN THE DOMESTIC AND GLOBAL CAPITAL AND COMMODITY MARKETS. 6 5 12 0 0 0 2221203 2620850 0 0 3952 1497 0 0 2225155 2622347 0 0 0 0 1539581 1602904 0 0 310375 1253769 1170389 2793350 2773293 -568195 -150946 2865112 2442887 466764 195485 2398348 2247402 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. 0 0 2214093 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. 2214093 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 10 0 1 12 1 0 0 0 0 0 0 0 0 0 0 X 6 5 1 0 0 0 0 0 0 1 1 0 0 1 1 0 0 1 1 1 0 0 X THE ORGANIZATION 2026186464 1825 K STREET NW 1080 WASHINGTON DC 20006 ADAM WHITE SECRETARY/TREASURER 0.25 X X 0 0 0 DAVID DESJARDINS DIRECTOR 1.00 X 0 0 0 MICHAEL M MASTERS CHAIRMAN 0.25 X X 0 0 0 DENNIS KELLEHER PRESIDENT AND CEO 80.00 X X 421100 0 17297 DEDRICK ASUNTE-MUHAMMAD DIRECTOR 0.30 X 0 0 0 DONNEL BAIRD DIRECTOR 0.30 X 0 0 0 MIKE SCHELL DIRECTOR THRU OCT. 2021 0.25 X 0 0 0 STEPHEN HALL LEGAL DIRECTOR AND SECURIT 40.00 X 211600 0 10700 MARYAN ABDELMESIH DIRECTOR OF DEVELOPMENT 40.00 X 109503 0 13470 PHILLIP BASIL DIRECTOR OF BANKING POLICY 40.00 X 127500 0 6309 NATALIE SHOTTS DIRECTOR OF ADMINISTRATION AND HUMAN RESOURCES 40.00 X 115070 0 0 984773 0 47776 5 0 1 0 JOSEPH CISEWSKI 6224 NELWAY DRIVE MCLEAN VA 22101 DERIVATIVES CONSULTING AND SPECIAL COUNS 198000 KEABLE LAW PC 515 CAMP DIXIE RD PASCOAG RI 02859 LEGAL SERVICES 107250 2 188510 2432340 2620850 1497 1497 2622347 0 0 1497 X 672498 536658 67920 67920 730989 572788 85978 72223 33307 23030 3676 6601 78426 58959 7703 11764 87684 65763 8768 13153 18639 13979 1864 2796 50981 38236 5098 7647 589755 543793 17055 28907 62682 48578 5876 8228 357904 268606 35577 53721 14002 1324 176 12502 2607 1752 234 621 11006 8254 1101 1651 19611 14902 1729 2980 PAYROLL PROCESSING FEES 21561 16171 2156 3234 DUES AND SUBSCRIPTIONS 20839 1185 3321 16333 MISCELLANEOUS 802 115 593 94 2773293 2214093 248825 310375 503444 205299 1759807 1067596 507177 1057000 25876 21070 299260 229100 43936 70160 24872 21762 2865112 2442887 155704 117014 311060 78471 466764 195485 X 2398348 2238821 8581 2398348 2247402 2865112 2442887 -150946 0 X X 0 1 X 1 0 X 2588003 2153685 2395037 2221203 2432340 11790268 2588003 2153685 2395037 2221203 2432340 11790268 258679 11531589 6505 95321 22926 3952 1497 130201 638315 6685 574 645574 12566043 0.91770 0.89380 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 299260 229100 70160 70160 DEFERRED RENT 78471 78471 X 2622347 0 2622347 0 2622347 2773293 0 2773293 0 2773293 PART X, LINE 2: THE ORGANIZATION REQUIRES THAT A TAX POSITION BE RECOGNIZED OR DERECOGNIZED BASED ON A "MORE-LIKELY-THAN-NOT" THRESHOLD. THIS APPLIES TO POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. THE ORGANIZATION DOES NOT BELIEVE ITS FINANCIAL STATEMENTS INCLUDE, OR REFLECT, ANY UNCERTAIN TAX POSITIONS. THE ORGANIZATION'S IRS FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, IS SUBJECT TO EXAMINATION BY THE FEDERAL AND STATE AUTHORITIES, GENERALLY FOR THREE YEARS AFTER IT IS FILED. X X X 0 0 0 0 0 0 0 0 0 DENNIS KELLEHER PRESIDENT AND CEO 421100 0 0 0 0 0 14500 0 2797 0 438397 0 0 0 STEPHEN HALL LEGAL DIRECTOR AND SECURIT 206600 0 5000 0 0 0 10700 0 0 0 222300 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 MICHAEL MASTERS IS THE CHAIRMAN OF THE BOARD AND ADAM WHITE IS THE SECRETARY AND TREASURER. MR. MASTERS' BUSINESS IS MASTERS CAPITAL MANAGEMENT (MCM) AND MR. WHITE WAS THE PORTFOLIO STRATEGIST FOR MCM. ADAM WHITE LEFT HIS POSITION AT MCM MARCH 31, 2021. ADAM WHITE REMAINS A PARTNER AT MCM. FORM 990, PART VI, SECTION B, LINE 11B THE DIRECTOR OF ADMINISTRATION AND HUMAN RESOURCES CONDUCTS A PRELIMINARY REVIEW AND THE PRESIDENT & CEO WILL CONDUCT THE FINAL REVIEW BEFORE FILING. THE 990 WILL BE PROVIDED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL BY THE INDEPENDENT MEMBERS OF THE BOARD OF DIRECTORS BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 15A COMPENSATION IS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION C, LINE 19 AVAILABILITY FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART IX, LINE 11G OUTSIDE CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 1,575. MANAGEMENT AND GENERAL EXPENSES 358. FUNDRAISING EXPENSES 9,480. TOTAL EXPENSES 11,413. CONTRACTED EMPLOYEES: PROGRAM SERVICE EXPENSES 420,750. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 420,750. OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 121,468. MANAGEMENT AND GENERAL EXPENSES 16,697. FUNDRAISING EXPENSES 19,427. TOTAL EXPENSES 157,592. FORM 990, PART XII, LINE 2C: THE ORGANIZATION ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT.