Nonprofit · EIN 13-5642275
FUTURES INDUSTRY ASSOCIATION
Tax-exempt · NORTH TOWER, DC 20006
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $36,079,249 | $37,016,571 | -$937,322 | $49,151,476 | $24,776,139 | $24,375,337 |
| December 31, 2023 | 990 | $33,769,195 | $35,073,193 | -$1,303,998 | $48,552,885 | $27,188,244 | $21,364,641 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $33,268,857
- Investment income
- $1,115,499
- Other revenue
- $1,694,893
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $5,151,618
- Other salaries and wages
- $4,644,462
- Salaries, compensation and benefits (total)
- $11,650,363
- Professional fundraising fees
- $0
- Legal fees
- $686,307
- Accounting fees
- $81,883
- Occupancy
- $1,197,054
- Travel
- $778,566
- Depreciation
- $1,482,664
Balance sheet and other
- Total assets, start of year
- $48,552,885
- Total assets, end of year
- $49,151,476
- Total liabilities, end of year
- $24,776,139
- Net assets, end of year
- $24,375,337
- Land, buildings and equipment
- $3,778,453
- Publicly traded securities
- $31,920,619
- Net assets without donor restrictions
- $24,375,337
- Gross receipts
- $36,079,249
- Employees
- 45
- Volunteers
- 29
- Year formed
- 1955
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| WALTER LUKKEN | PRESIDENT & CEO Trustee or director, Officer | 37.5 | $2,096,079 | $0 | $47,588 |
| JACQUELINE MESA | COO & SVP OF GLOBAL POLICY Officer | 37.5 | $866,422 | $0 | $47,588 |
| ALLISON LURTON | CHIEF LEGAL OFFICE & GEN CNCL Officer | 37.5 | $703,913 | $0 | $47,588 |
| RICHARD G SHEETZ | SVP & CFO Officer | 37.5 | $549,903 | $0 | $47,588 |
| DONALD BYRON | HEAD OF GLOBAL INDUSTRY OPER. Key employee | 37.5 | $384,612 | $0 | $47,588 |
| WILLIAM ACWORTH | SVP PUBS, DATA & RESEARCH Highest-paid employee | 37.5 | $325,257 | $0 | $45,811 |
| MICHAEL SORRELL | ASSOCIATE GENERAL COUNSEL Highest-paid employee | 37.5 | $311,778 | $0 | $44,598 |
| MARY ANN BURNS | CONSULTANT Trustee or director | 15 | $0 | $320,478 | $0 |
| KYLE GLENN | DIR. OF GOVERNMENT RELATIONS Highest-paid employee | 37.5 | $272,351 | $0 | $41,050 |
| ANTOINETTE CHAN | VP BUSINESS DEVELOPMENT Key employee | 37.5 | $271,754 | $0 | $40,995 |
| MALLERS JOANNA | EXECUTIVE DIRECTOR, PTG Highest-paid employee | 37.5 | $256,377 | $0 | $39,612 |
| NATALIE TYNAN | ASSOCIATE GENERAL COUNSEL Highest-paid employee | 37.5 | $241,847 | $0 | $38,304 |
| ALICIA CRIGHTON | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| ALISTAIR MCGRATH | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
| Bradley Fraser | DIRECTOR Trustee or director | 4 | $0 | $0 | $0 |
27 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| CHRIS BAINBRIDGE | DIRECTOR Trustee or director | 4 | $0 |
| EMMA RICHARDSON | DIRECTOR Trustee or director | 4 | $0 |
| EMMA WEST | DIRECTOR Trustee or director | 4 | $0 |
| ERIC ALDOUS | DIRECTOR Trustee or director | 4 | $0 |
| FEDERICA MAZZUCATO | DIRECTOR Trustee or director | 4 | $0 |
| GARY SAUNDERS | DIRECTOR Trustee or director | 4 | $0 |
| GERALD CORCORAN | DIRECTOR Trustee or director | 4 | $0 |
| GORDON ALEXANDER | DIRECTOR Trustee or director | 4 | $0 |
| JAMILA PIRACCI | DIRECTOR Trustee or director | 4 | $0 |
| JAN BART DE BOER | DIRECTOR Trustee or director | 4 | $0 |
| JASON SWANKOSKI | DIRECTOR Trustee or director | 4 | $0 |
| JOHN MURPHY | DIRECTOR Trustee or director | 4 | $0 |
| Kay Harris | DIRECTOR Trustee or director | 4 | $0 |
| MARIAM RAFI | DIRECTOR Trustee or director | 4 | $0 |
| Mark Bortnik | DIRECTOR Trustee or director | 4 | $0 |
| MICHAEL VOISIN | DIRECTOR Trustee or director | 4 | $0 |
| NAJIB LAMHAOUAR | DIRECTOR Trustee or director | 4 | $0 |
| Nelson Neale | DIRECTOR Trustee or director | 4 | $0 |
| RAY TUBRIDY | DIRECTOR Trustee or director | 4 | $0 |
| ROBERT CREAMER | DIRECTOR Trustee or director | 4 | $0 |
| SAMINA ANWAR | DIRECTOR Trustee or director | 4 | $0 |
| Stephane Pellerin | DIRECTOR Trustee or director | 4 | $0 |
| Susan Gaughan | DIRECTOR Trustee or director | 4 | $0 |
| TERESA LOPEZ | DIRECTOR Trustee or director | 4 | $0 |
| TOM ANDERSON | DIRECTOR Trustee or director | 4 | $0 |
| TOM GILLIS | DIRECTOR Trustee or director | 4 | $0 |
| WILLIAM BLACK | DIRECTOR Trustee or director | 4 | $0 |
990 for the year ended December 31, 2023: 40 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WALTER LUKKEN | PRESIDENT & CEO Trustee or director, Officer | 37.5 | $1,765,415 | $43,170 |
| JACQUELINE MESA | COO & SVP OF GLOBAL POLICY Officer | 37.5 | $808,977 | $43,170 |
| ALLISON LURTON | CHIEF LEGAL OFFICE & GEN CNCL Officer | 37.5 | $657,386 | $43,170 |
| RICHARD G SHEETZ | SVP & CFO Officer | 37.5 | $503,917 | $43,170 |
| DONALD BYRON | HEAD OF GLOBAL INDUSTRY OPER. Key employee | 37.5 | $354,678 | $43,170 |
| WILLIAM ACWORTH | SVP PUBS, DATA & RESEARCH Highest-paid employee | 37.5 | $320,396 | $42,645 |
| MICHAEL SORRELL | ASSOCIATE GENERAL COUNSEL Highest-paid employee | 37.5 | $307,030 | $41,986 |
| KYLE GLENN | DIR. OF GOVERNMENT RELATIONS Highest-paid employee | 37.5 | $262,949 | $38,132 |
| ANTOINETTE CHAN | VP BUSINESS DEVELOPMENT Key employee | 37.5 | $261,647 | $36,877 |
| MALLERS JOANNA | EXECUTIVE DIRECTOR, PTG Highest-paid employee | 37.5 | $252,075 | $35,911 |
| NATALIE TYNAN | ASSOCIATE GENERAL COUNSEL Highest-paid employee | 37.5 | $234,641 | $35,575 |
| MARY ANN BURNS | CONSULTANT Former | 15 | $15,000 | $0 |
| ERIC ALDOUS | DIRECTOR Trustee or director | 4 | $0 | $0 |
| GORDON ALEXANDER | DIRECTOR Trustee or director | 4 | $0 | $0 |
| TOM ANDERSON | DIRECTOR Trustee or director | 4 | $0 | $0 |
| SAMINA ANWAR | DIRECTOR Trustee or director | 4 | $0 | $0 |
| WILLIAM BLACK | DIRECTOR Trustee or director | 4 | $0 | $0 |
| CHRIS BAINBRIDGE | DIRECTOR Trustee or director | 4 | $0 | $0 |
| ROBERT BOOIJ | DIRECTOR Trustee or director | 4 | $0 | $0 |
| ADAM COHEN | DIRECTOR Trustee or director | 4 | $0 | $0 |
| GERALD CORCORAN | DIRECTOR Trustee or director | 4 | $0 | $0 |
| ROBERT CREAMER | DIRECTOR Trustee or director | 4 | $0 | $0 |
| ALICIA CRIGHTON | DIRECTOR Trustee or director | 4 | $0 | $0 |
| JAN BART DE BOER | DIRECTOR Trustee or director | 4 | $0 | $0 |
| TOM GILLIS | DIRECTOR Trustee or director | 4 | $0 | $0 |
| MARK IBBOTSON | DIRECTOR Trustee or director | 4 | $0 | $0 |
| NAJIB LAMHAOUAR | DIRECTOR Trustee or director | 4 | $0 | $0 |
| KARI LARSEN | DIRECTOR Trustee or director | 4 | $0 | $0 |
| TERESA LOPEZ | DIRECTOR Trustee or director | 4 | $0 | $0 |
| FEDERICA MAZZUCATO | DIRECTOR Trustee or director | 4 | $0 | $0 |
| ALISTAIR MCGRATH | DIRECTOR Trustee or director | 4 | $0 | $0 |
| JOHN MURPHY | DIRECTOR Trustee or director | 4 | $0 | $0 |
| JAMILA PIRACCI | DIRECTOR Trustee or director | 4 | $0 | $0 |
| MARIAM RAFI | DIRECTOR Trustee or director | 4 | $0 | $0 |
| EMMA RICHARDSON | DIRECTOR Trustee or director | 4 | $0 | $0 |
| GARY SAUNDERS | DIRECTOR Trustee or director | 4 | $0 | $0 |
| JASON SWANKOSKI | DIRECTOR Trustee or director | 4 | $0 | $0 |
| RAY TUBRIDY | DIRECTOR Trustee or director | 4 | $0 | $0 |
| MICHAEL VOISIN | DIRECTOR Trustee or director | 4 | $0 | $0 |
| EMMA WEST | DIRECTOR Trustee or director | 4 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2001 K ST NW ST 725, NORTH TOWER, DC 20006-0000
- In care of
- % RICHARD GUY SHEETZ
- Principal officer (990 for 2024)
- WALTER LUKKEN, 2001 K STREET NW North Tower 725, WASHINGTON, DC 20006
- Signed the 990
- WALTER LUKKEN, PRESIDENT & CEO
- Phone
- (202) 466-5460
- Website
- WWW.FIA.ORG
- Return prepared by
- BDO USA
Mission
THE FUTURES INDUSTRY ASSOCIATION'S (FIA) MISSION IS TO: - SUPPORT OPEN, TRANSPARENT AND COMPETITIVE MARKETS, - PROTECT AND ENHANCE THE INTEGRITY OF THE FINANCIAL SYSTEM, AND - PROMOTE HIGH STANDARDS OF PROFESSIONAL CONDUCT. AS THE PRINCIPAL MEMBERS OF DERIVATIVES CLEARINGHOUSES WORLDWIDE, FIA'S CLEARING FIRM MEMBERS PLAY A CRITICAL ROLE IN THE REDUCTION OF SYSTEMIC RISK IN GLOBAL FINANCIAL MARKETS.
Program accomplishments
- FIA IS THE LEADING GLOBAL TRADE ASSOCIATION FOR THE FUTURES, OPTIONS AND CENTRALLY CLEARED DERIVATIVES MARKET. FIA'S MEMBERSHIP REPRESENTS CLEARING FIRMS, EXCHANGES, CLEARINGHOUSES, TRADING FIRMS, AND COMMODITY SPECIALISTS, AS WELL AS TECHNOLOGY VENDORS, LAW FIRMS AND OTHER PROFESSIONAL SERVICE PROVIDERS.
- FIA WORKS ACTIVELY TO PRESERVE THE SYSTEM OF FREE AND COMPETITIVE MARKETS BY REPRESENTING THE INTERESTS OF THE INDUSTRY IN CONNECTION WITH BUSINESS, REGULATORY EXCHANGE, INTERNATIONAL AND LEGISLATIVE ISSUES THROUGH THE EXCHANGE OF IDEAS SUPPORTED BY OUR CONFERENCES AND EVENTS.
- FIA'S DOCUMENTATION LIBRARY AND CCP RISK REVIEW SERVICES PROVIDE VALUABLE LEGAL OPINIONS, CLIENT TERMS OF BUSINESS DOCUMENTATION, AND SUMMARIES OF RULES AND PROCEDURES OF CCP'S WORLDWIDE. FIA WORKS CLOSELY WITH MEMBER FIRMS TO DEVELOP INDUSTRY-STANDARD AGREEMENTS THAT ALL MARKET PARTICIPANTS CAN USE TO SUPPORT THEIR TRADING AND CLEARING FUNCTIONS AS WELL AS ENSURE REGULATORY COMPLIANCE IN DIFFERENT JURISDICTIONS.
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 13-5642275
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 1956
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $49,151,476
- Income (IRS master file)
- $36,079,249
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $36,079,249 | $37,016,571 | $49,151,476 | XML |
| 990 | December 2023 | $33,769,195 | $35,073,193 | $48,552,885 | XML |
| 990 | December 2022 | $30,709,919 | $32,702,518 | $71,884,707 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 13-5642275).
Questions about FUTURES INDUSTRY ASSOCIATION
- What is the EIN of FUTURES INDUSTRY ASSOCIATION?
- The employer identification number (EIN) of FUTURES INDUSTRY ASSOCIATION is 13-5642275.
- Is FUTURES INDUSTRY ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 1956.
- Are donations to FUTURES INDUSTRY ASSOCIATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does FUTURES INDUSTRY ASSOCIATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of FUTURES INDUSTRY ASSOCIATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FUTURES INDUSTRY ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of FUTURES INDUSTRY ASSOCIATION?
- The 990 for the year ended December 31, 2024 names WALTER LUKKEN.
- Who are the officers and directors of FUTURES INDUSTRY ASSOCIATION?
- The 990 for the year ended December 31, 2024 lists 42 people; 11 received compensation from the organization, the highest $2,096,079 (WALTER LUKKEN, PRESIDENT & CEO).
- How much revenue does FUTURES INDUSTRY ASSOCIATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $36,079,249, expenses of $37,016,571 and total assets of $49,151,476 at year end.