Nonprofit · EIN 37-1428113
CHARTERED ALTERNATIVE INVESTMENT ANALYST ASSOCIATION INC
Tax-exempt · AMHERST, MA 01002
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $13,003,658 | $12,492,691 | $510,967 | $9,653,277 | $9,154,458 | $498,819 |
| December 31, 2023 | 990 | $11,328,305 | $12,790,651 | -$1,462,346 | $8,528,938 | $8,509,494 | $19,444 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $485,152
- of which government grants
- $35,152
- Program service revenue
- $12,001,046
- Investment income
- $168,003
- Royalties
- $9,598
- Other revenue
- $349,457
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $910,776
- Other salaries and wages
- $3,983,847
- Salaries, compensation and benefits (total)
- $5,847,207
- Professional fundraising fees
- $0
- Legal fees
- $182,590
- Accounting fees
- $175,355
- Occupancy
- $132,868
- Travel
- $335,548
- Depreciation
- $1,087
Balance sheet and other
- Total assets, start of year
- $8,528,938
- Total assets, end of year
- $9,653,277
- Total liabilities, end of year
- $9,154,458
- Net assets, end of year
- $498,819
- Land, buildings and equipment
- $1,644
- Net assets without donor restrictions
- $113,819
- Net assets with donor restrictions
- $385,000
- Gross receipts
- $13,003,658
- Employees
- 47
- Volunteers
- 400
- Year formed
- 2002
- State of legal domicile
- MA
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 | Other / benefits |
|---|---|---|---|---|
| WILLIAM KELLY | CEO UNTIL 12/31/24 Trustee or director, Officer | 40 | $470,777 | $104,412 |
| JOHN BOWMAN | EXECUTIVE VICE PRESIDENT Highest-paid employee | 40 | $407,442 | $40,052 |
| KRISTAPS LICIS | SENIOR ASSOCIATE DIRECTOR OF EXAMS Highest-paid employee | 40 | $219,676 | $38,184 |
| RUTH CAROLAN | CLERK/CHIEF OPERATING OFFICER Officer | 40 | $205,852 | $43,574 |
| AARON FILBECK | MANAGING DIRECTOR/HEAD OF UNIFI Highest-paid employee | 40 | $196,254 | $9,334 |
| BRADLEY AMBANI | DIRECTOR OF FINANCE/TREASURER Officer | 40 | $163,984 | $33,529 |
| STEVEN NOVAKOVIC | MANAGING DIRECTOR OF EDUCATIONAL PROGRAMS Highest-paid employee | 40 | $182,195 | $14,178 |
| CHRISTIE HAMILTON | DIRECTOR OF CONTENT AND RESEARCH Highest-paid employee | 40 | $162,602 | $16,905 |
| VALERIE SILL | CHAIR OF THE BOARD Trustee or director | 1 | $0 | $0 |
| DAN BIENVENUE | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAYNE BOK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ELENA MANOLA-BONTHOND | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GREGORY BROWN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ELIZABETH BURTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GRAEME GRIFFITHS | DIRECTOR Trustee or director | 1 | $0 | $0 |
2 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| WILLIAM MA | DIRECTOR Trustee or director | 1 | $0 |
| THOMAS ROBINSON | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 19 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| WILLIAM KELLY | CEO Trustee or director, Officer | 40 | $523,299 | $30,756 |
| JOHN BOWMAN | EXECUTIVE VICE PRESIDENT Highest-paid employee | 40 | $383,797 | $22,284 |
| HOSSEIN KAZEMI | SENIOR ADVISOR, PROGRAMMING Highest-paid employee | 30 | $214,070 | $28,100 |
| RUTH CAROLAN | CLERK/CHIEF OPERATING OFFICER Officer | 40 | $205,169 | $29,219 |
| KRISTAPS LICIS | SENIOR ASSOCIATE DIRECTOR Highest-paid employee | 40 | $221,627 | $11,830 |
| AARON FILBECK | MANAGING DIRECTOR/HEAD OF UNIFI Highest-paid employee | 40 | $187,136 | $115 |
| DEBORAH MCLEAN | GLOBAL HEAD OF DEI Highest-paid employee | 40 | $171,428 | $8,568 |
| BRADLEY AMBANI | DIRECTOR OF FINANCE/TREASURER Officer | 40 | $154,751 | $10,140 |
| VALERIE SILL | CHAIR OF THE BOARD Trustee or director | 1 | $0 | $0 |
| GREGORY BROWN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JAYNE BOK | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ELENA MANOLA-BONTHOND | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ELIZABETH BURTON | DIRECTOR Trustee or director | 1 | $0 | $0 |
| ANTHONY COWELL | DIRECTOR Trustee or director | 1 | $0 | $0 |
| GRAEME GRIFFITHS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| JOHN EDWARD INGLIS | DIRECTOR Trustee or director | 1 | $0 | $0 |
| MELISSA MA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| WILLIAM MA | DIRECTOR Trustee or director | 1 | $0 | $0 |
| THOMAS ROBINSON | DIRECTOR Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 11 AMITY ST, AMHERST, MA 01002-2214
- Principal officer (990 for 2024)
- JOHN BOWMAN, 11 AMITY STREET, AMHERST, MA 01002
- Signed the 990
- JOHN BOWMAN, CEO
- Phone
- (413) 253-7373
- Website
- HTTPS://CAIA.ORG/
- Return prepared by
- CLIFTONLARSONALLEN
Mission
THE CHARTERED ALTERNATIVE INVESTMENT ANALYST ASSOCIATION, INC. (CAIA) IS A GLOBAL PROFESSIONAL CREDENTIALING BODY DEDICATED TO CREATING GREATER ALIGNMENT, TRANSPARENCY, AND KNOWLEDGE FOR ALL INVESTORS, WITH A SPECIFIC EMPHASIS ON ALTERNATIVE INVESTMENTS. A MEMBER-DRIVEN ORGANIZATION REPRESENTING PROFESSIONALS IN MORE THAN 95 COUNTRIES, CAIA ASSOCIATION ADVOCATES FOR THE HIGHEST ETHICAL STANDARDS. ESTABLISH THE CHARTERED ALTERNATIVE INVESTMENT ANALYST DESIGNATION AS AN EDUCATIONAL STANDARD IN THE INVESTMENT INDUSTRY, PROVIDE MEMBERS WITH COMPREHENSIVE KNOWLEDGE OF ALTERNATIVE INVESTMENTS, ADVOCATE HIGH STANDARDS OF PROFESSIONAL CONDUCT, PROMOTE PROFESSIONAL DEVELOPMENT THROUGH ONGOING EDUCATION, FACILITATE COMMUNICATION AMONG INDUSTRY PROFESSIONALS.
Program accomplishments
- ADMINISTRATION OF THE CAIA EXAM, AWARDING THE CAIA DESIGNATION, ADVOCATING FOR HIGH PROFESSIONAL STANDARDS, AND CONTRIBUTING TO THE BODY OF KNOWLEDGE RELATED TO ALTERNATIVE INVESTING. E-CURRICULUM GIVES ACCESS AND CONTROL OF CONTENT TO HELP STUDENTS BETTER PREPARE TO STUDY FOR THE EXAM. UNIFI BY CAIA PROVIDES EDUCATION FOR PROFESSIONALS ACROSS THE PRIVATE WEALTH MANAGEMENT INDUSTRY THROUGH A SPECIALIZED LEARNING PLATFORM.
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
- 37-1428113
- Tax-exempt status
- 501(c)(6): Business league or chamber of commerce
- Donations deductible
- No
- Exempt since
- 2003
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S41)
- Assets (IRS master file)
- $9,653,277
- Income (IRS master file)
- $13,003,658
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $13,003,658 | $12,492,691 | $9,653,277 | XML |
| 990 | December 2023 | $11,328,305 | $12,790,651 | $8,528,938 | XML |
| 990 | December 2022 | $9,521,517 | $11,251,406 | $9,436,100 | 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 37-1428113).
Questions about CHARTERED ALTERNATIVE INVESTMENT ANALYST ASSOCIATION INC
- What is the EIN of CHARTERED ALTERNATIVE INVESTMENT ANALYST ASSOCIATION INC?
- The employer identification number (EIN) of CHARTERED ALTERNATIVE INVESTMENT ANALYST ASSOCIATION INC is 37-1428113.
- Is CHARTERED ALTERNATIVE INVESTMENT ANALYST ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2003.
- Are donations to CHARTERED ALTERNATIVE INVESTMENT ANALYST ASSOCIATION INC tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does CHARTERED ALTERNATIVE INVESTMENT ANALYST ASSOCIATION INC 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 CHARTERED ALTERNATIVE INVESTMENT ANALYST ASSOCIATION INC 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 CHARTERED ALTERNATIVE INVESTMENT ANALYST ASSOCIATION INC 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 CHARTERED ALTERNATIVE INVESTMENT ANALYST ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 names JOHN BOWMAN.
- Who are the officers and directors of CHARTERED ALTERNATIVE INVESTMENT ANALYST ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 lists 17 people; 8 received compensation from the organization, the highest $470,777 (WILLIAM KELLY, CEO UNTIL 12/31/24).
- How much revenue does CHARTERED ALTERNATIVE INVESTMENT ANALYST ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $13,003,658, expenses of $12,492,691 and total assets of $9,653,277 at year end.
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All nonprofits in AMHERST · Massachusetts · Community improvement and capacity building