2025-08-01T08:14:19-05:00 2024-12-31 351178661 BLUE & CO LLC 12800 N MERIDIAN ST STE 400 CARMEL IN 46032 990 2024-01-01 510470980 ALTERNATIVE AND DIRECT INVESTMENT SECURITIES ASSOCIATION INC ALTE 3176634180 450 EAST 96TH STREET 185 INDIANAPOLIS IN 46240 JOHN GRADY EXECUTIVE DIRECTOR 3176634180 2025-07-31 1 1 ANGELA N CRAWFORD CPA P00573197 3178488920 2025-07-31 2024 2025-03-06 01:10:19Z JOHN GRADY 450 EAST 96TH STREET 185 INDIANAPOLIS IN 46240 4466629 0 X WWW.ADISA.ORG X 2003 DE THE ALTERNATIVE AND DIRECT INVESTMENT SECURITIES ASSOCIATION IS A NATIONAL TRADE ASSOCIATION SERVING PROFESSIONALS WHO OFFER AND DISTRIBUTE ALL FORMS OF ALTERNATIVE AND DIRECT INVESTMENTS. 19 19 4 16 0 0 0 0 4590967 4234222 159195 232407 70 0 4750232 4466629 15000 15000 0 0 878993 946053 0 0 0 3249015 3181309 4143008 4142362 607224 324267 4792797 5824547 521069 1221815 4271728 4602732 THE ALTERNATIVE AND DIRECT INVESTMENT SECURITIES ASSOCIATION IS A NATIONAL TRADE ASSOCIATION SERVING PROFESSIONALS WHO OFFER AND DISTRIBUTE ALL FORMS OF ALTERNATIVE AND DIRECT INVESTMENTS. 0 0 EDUCATIONAL CONFERENCES: SEMINARS AND CONFERENCES ARE HELD THROUGHOUT THE YEAR. THESE CONFERENCES ARE FOR MEMBER COMPANY OWNERS AND OTHERS. REGULAR MEMBERSHIP MEETINGS: REGULAR MEETINGS ARE HELD TO EDUCATE AND INFORM MEMBERS AND OTHERS ON SUBJECTS RELATED TO NON-TRADED ALTERNATIVE INVESTMENT ISSUES. 0 0 0 1 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 15 0 1 4 1 0 0 0 0 0 0 0 0 X 19 19 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IN X THE ORGANIZATION 3176634180 450 EAST 96TH STREET 185 INDIANAPOLIS IN 46240 JADE MILLER PRESIDENT 1.00 X X 0 0 0 MATTHEW IAK VICE PRESIDENT 1.00 X X 0 0 0 MARK KOSANKE TREASURER 1.00 X X 0 0 0 CATHERINE BOWMAN SECRETARY 1.00 X X 0 0 0 ANGELA BARBERA DIRECTOR 1.00 X 0 0 0 MAT DELLORSO DIRECTOR 1.00 X 0 0 0 CHRISTY HUTCHISON DIRECTOR 1.00 X 0 0 0 KYLE KADISH DIRECTOR 1.00 X 0 0 0 SYLVIA KWAN DIRECTOR 1.00 X 0 0 0 STEPHEN F LOVELL DIRECTOR 1.00 X 0 0 0 GREG MAUSZ DIRECTOR-AT-LARGE 1.00 X 0 0 0 JOHN GRADY PRESIDENT - ELECT 1.00 X 0 0 0 ANN K MOORE DIRECTOR-AT-LARGE 1.00 X 0 0 0 DAVID PITTMAN DIRECTOR-AT-LARGE 1.00 X 0 0 0 AMANDA TEEPLE DIRECTOR 1.00 X 0 0 0 MICHAEL UNDERHILL IMMEDIATE PAST PRESIDENT 1.00 X 0 0 0 BRAD UPDIKE DIRECTOR 1.00 X 0 0 0 JOANNA VENETCH DIRECTOR 1.00 X 0 0 0 DAVID WILSON DIRECTOR-AT-LARGE 1.00 X 0 0 0 JOHN HARRISON EXECUTIVE DIRECTOR/CEO 40.00 X 285729 0 52981 TANISHA BIBBS DIRECTOR OF BUSINESS DEVEL 40.00 X 194605 0 14278 ERIN BALCERZAK DIRECTOR OF MEMBERSHIP & D 40.00 X 115698 0 10205 JENNIFER FITZGERALD DIRECTOR OF MARKETING & COMMUNICATIONS 40.00 X 105775 0 19300 701807 0 96764 4 0 1 0 HILLSTAFFER LLC 2001 L STREET NORTHWEST SUITE 500 WASHINGTON DC 20036 ADVOCACY AND DIRECT LOBBYING 217275 1 ANNUAL CONFERENCE 541900 1930107 1930107 SPRING CONFERENCE 541900 1034480 1034480 DUES AND MEMBERSHIP 541900 942495 942495 DUE DILIGENCE-REGISTRA 541900 327140 327140 4234222 232407 232407 4466629 4234222 0 232407 15000 338710 517075 6593 38232 45443 11159 120863 12000 25 169047 334705 187535 95000 24238 219864 1898487 14894 25269 VIDEO SERIES 42701 PROFESSIONAL DEVELOPMEN 13110 MISCELLANEOUS 8911 AWARDS 3501 4142362 3539645 3389671 1057912 2106931 659 779 145655 309909 241535 228693 22406 12842 26520 4415 4792797 5824547 87980 809993 408361 409866 24728 1956 521069 1221815 X 4271728 4602732 4271728 4602732 4792797 5824547 324267 6737 0 X X 0 1 X 1 0 0 0 1 942495 12000 12000 94250 -82250 7874 7268 606 49464 38715 10749 184197 182710 1487 12842 OPERATING LEASE LIABILITY 1956 1956 X 4473341 6737 6737 4466604 25 25 4466629 4142337 0 4142337 25 25 4142362 PART X, LINE 2: THE ASSOCIATION IS A NOT-FOR-PROFIT CORPORATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(6) OF THE UNITED STATES INTERNAL REVENUE CODE AND SIMILAR STATE LAW. AS SUCH, THE ASSOCIATION IS GENERALLY EXEMPT FROM INCOME TAXES. THERE WAS NO UNRELATED BUSINESS INCOME FOR THE YEARS ENDED DECEMBER 31, 2024 AND 2023. HOWEVER, THE ASSOCIATION IS REQUIRED TO FILE FEDERAL FORM 990 RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX, AND A CORRESPONDING STATE RETURN, WHICH ARE INFORMATIONAL RETURNS ONLY. THE ASSOCIATION HAS FILED ITS FEDERAL AND STATE INFORMATIONAL RETURNS FOR PERIODS THROUGH DECEMBER 31, 2023. THESE INFORMATIONAL RETURNS ARE GENERALLY OPEN TO EXAMINATION BY THE RELEVANT TAXING AUTHORITIES FOR A PERIOD OF THREE YEARS FROM THE LATER OF THE DATE THE RETURN WAS FILED OR ITS DUE DATE (INCLUDING APPROVED EXTENSIONS). ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ASSOCIATION AND RECOGNIZE A TAX LIABILITY IF THE ASSOCIATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ASSOCIATION, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2024 AND 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ASSOCIATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. 0 ADISA FOUNDATION 10401 N MERIDIAN ST SUITE 202 CARMEL IN 46290 205624278 501(C)(3) 15000 0 GENERAL CONTRIBUTION 1 X 0 0 0 JOHN HARRISON EXECUTIVE DIRECTOR/CEO 285729 0 0 0 0 0 30479 0 22502 0 338710 0 0 0 TANISHA BIBBS DIRECTOR OF BUSINESS DEVEL 179605 0 15000 0 0 0 0 0 14278 0 208883 0 0 0 FORM 990, PART VI, SECTION A, LINE 6 MEMBERS ARE PROFESSIONALS WHO OFFER AND MANAGE PRIVATE PLACEMENTS, DIRECT PARTICIPATION PROGRAMS AND ALTERNATIVE INVESTMENTS. FORM 990, PART VI, SECTION A, LINE 7A THE ELECTION OF THE BOARD OF DIRECTORS BY THE MEMBERS IS HELD ELECTRONICALLY VIA A NEUTRAL, INDEPENDENT ELECTION-SERVICE VENDOR. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR OF ALTERNATIVE AND DIRECT INVESTMENTS SECURITIES ASSOCIATION, INC. (ADISA) SHALL ENSURE THAT TAX PAYMENTS AND OTHER GOVERNMENT-REGULATED PAYMENT OR FILINGS REQUIRED BY ADISA ARE FILED IN A TIMELY AND ACCURATE MANNER. THE TREASURER WILL REVIEW THE 990 ELECTRONICALLY PRIOR TO FILING, AND THE BOARD MEMBERS WILL ALSO RECEIVE A COPY FORM 990, PART VI, SECTION B, LINE 12C ALTERNATIVE DIRECT INVESTMENT SECURITIES ASSOCIATION, INC. REQUIRES ALL BOARD MEMBERS TO SIGN AN ANNUAL DECLARATION OF ANY CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A ADISA'S EXECUTIVE COMMITTEE IS RESPONSIBLE FOR DETERMINING THE COMPENSATION OF THE EXECUTIVE DIRECTOR. A REVIEW OF THE EXECUTIVE DIRECTOR IS PERFORMED BY THE INCOMING AND OUTGOING PRESIDENTS. EXECUTIVE DIRECTOR SALARIES IN COMPARABLE POSITIONS THROUGHOUT THE MIDWEST ARE ALSO CONSIDERED. A RECOMMENDATION OF ANY PAY RAISE IS PRESENTED TO THE EXECUTIVE COMMITTEE FOR APPROVAL. FORM 990, PART VI, SECTION C, LINE 19 CONSISTENT WITH THE REQUIREMENTS OF SECTION 6104 (D) OF THE INTERNAL REVENUE CODE AND THE REGULATIONS THEREUNDER, COPIES OF THE IRS FORM 990 OF ADISA SHALL BE MADE AVAILABLE, UPON REQUEST, IN A TIMELY MANNER, AND SUBJECT TO THE CHARGES PERMITTED BY LAW TO ANY INDIVIDUALS WHO REQUEST IT. OTHER GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS SHALL BE MADE AVAILABLE FOR REVIEW BY APPOINTMENT WITH THE EXECUTIVE DIRECTOR. FORM 990, PART XII, LINE 2C: THE OVERSIGHT PROCESS AND THE SELECTION PROCESS DID NOT CHANGE DURING THE TAX YEAR.