Nonprofit · EIN 38-2111435
NATIONAL ASSOCIATION OF INVESTORS CORPORATION
Tax-exempt · TROY, MI 48084
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $2,706,549 | $2,874,416 | -$167,867 | $3,090,371 | $1,232,334 | $1,858,037 |
| September 30, 2024 | 990 | $2,884,281 | $3,229,247 | -$344,966 | $3,287,371 | $1,286,982 | $2,000,389 |
| September 30, 2023 | 990 | $2,685,843 | $3,019,528 | -$333,685 | $3,653,908 | $1,391,355 | $2,262,553 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $131,314
- Program service revenue
- $1,951,560
- Investment income
- $37,992
- Royalties
- $933
- Net gain from sales of assets
- -$1,368
- Other revenue
- $585,683
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $529,773
- Other salaries and wages
- $812,670
- Salaries, compensation and benefits (total)
- $1,582,350
- Professional fundraising fees
- $0
- Legal fees
- $9,938
- Accounting fees
- $26,800
- Occupancy
- $23,568
- Travel
- $4,841
- Depreciation
- $31,136
- Program services (functional)
- $2,398,770
- Management and general (functional)
- $475,646
Balance sheet and other
- Total assets, start of year
- $3,287,371
- Total assets, end of year
- $3,090,371
- Total liabilities, end of year
- $1,232,334
- Net assets, end of year
- $1,858,037
- Land, buildings and equipment
- $36,345
- Publicly traded securities
- $433,787
- Net assets without donor restrictions
- $1,682,878
- Net assets with donor restrictions
- $175,159
- Gross unrelated business income
- $438,499
- Gross receipts
- $2,819,652
- Employees
- 21
- Volunteers
- 475
- Year formed
- 1951
- State of legal domicile
- MI
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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KEN ZENDEL | FORMER CEO Former | 47.7 | $174,388 | $28,908 |
| SUZANNE ARTZBERGER | DIRECTOR OF Highest-paid employee | 40 | $112,478 | $29,291 |
| CLIFF TRENT | DIR OF OPS & Highest-paid employee | 40 | $120,037 | $5,581 |
| LINDSEY BELL SCHED O PART VII SECT | CHAIR & INTE Trustee or director, Officer | 40 | $124,246 | $0 |
| PAT DONNELLY | DIRECTOR Trustee or director | 3.5 | $1,375 | $0 |
| JOHN GANNON | SECRETARY Trustee or director, Officer | 3.5 | $1,375 | $0 |
| JACKIE KOSKI | DIRECTOR Trustee or director | 3.5 | $1,375 | $0 |
| CYRELL LYNCH | VICE CHAIR Trustee or director, Officer | 3.5 | $1,375 | $0 |
| IONNIE MCNEILL | DIRECTOR Trustee or director | 3.5 | $1,375 | $0 |
| PATRICIA GAMBLE-MOORE | DIRECTOR Trustee or director | 3.5 | $1,200 | $0 |
| MICHAEL CALBERT | TREASURER Trustee or director, Officer | 3.5 | $0 | $0 |
| CAROL THEINE | DIRECTOR Trustee or director | 3.5 | $0 | $0 |
| WAYNE THORP | CEO Officer | 0 | $0 | $0 |
990 for the year ended September 30, 2024: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KEN ZENDEL | FORMER CEO Former | 47.7 | $171,012 | $26,839 |
| SUZANNE ARTZBERGER | DIRECTOR OF Highest-paid employee | 40 | $111,309 | $23,807 |
| CLIFF TRENT | DIR OF OPS & Highest-paid employee | 40 | $112,879 | $12,126 |
| LINDSEY BELL | CHAIR Trustee or director | 3.5 | $1,550 | $0 |
| PAT DONNELLY | DIRECTOR Trustee or director | 3.5 | $1,550 | $0 |
| CYRELL LYNCH | CHAIR Trustee or director, Officer | 3.5 | $1,550 | $0 |
| IONNIE MCNEILL | DIRECTOR Trustee or director | 3.5 | $1,550 | $0 |
| JACKIE KOSKI | VICE CHAIR Trustee or director, Officer | 3.5 | $1,525 | $0 |
| JOHN GANNON | SECRETARY Trustee or director, Officer | 3.5 | $1,375 | $0 |
| PAT GAMBLE-MOORE | DIRECTOR Trustee or director | 3.5 | $1,225 | $0 |
| CAROL THEINE | DIRECTOR Trustee or director | 3.5 | $600 | $0 |
| MICHAEL CALBERT | TREASURER Trustee or director, Officer | 3.5 | $0 | $0 |
990 for the year ended September 30, 2023: 13 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| KEN ZENDEL | CEO Officer | 47.7 | $167,863 |
| SUZANNE ARTZBERGER | DIRECTOR OF Highest-paid employee | 40 | $128,151 |
| CLIFF TRENT | DIR OF OPS & Trustee or director, Officer | 40 | $121,370 |
| PAT DONNELLY | DIRECTOR Trustee or director | 3.5 | $1,700 |
| JOHN GANNON | SECRETARY Trustee or director, Officer | 3.5 | $1,700 |
| JACKIE KOSKI | VICE CHAIR Trustee or director, Officer | 3.5 | $1,700 |
| CYRELL LYNCH | CHAIR Trustee or director, Officer | 3.5 | $1,700 |
| IONNIE MCNEILL | DIRECTOR Trustee or director | 3.5 | $1,700 |
| CAROL THEINE | DIRECTOR Trustee or director | 3.5 | $1,700 |
| LINDSEY BELL | DIRECTOR Trustee or director | 3.5 | $1,525 |
| PAT GAMBLE-MOORE | DIRECTOR Trustee or director | 3.5 | $300 |
| DANIEL GUERRA | DIRECTOR Trustee or director | 3.5 | $300 |
| MICHAEL CALBERT | TREASURER Trustee or director | 3.5 | $0 |
Address and contacts
- Address (IRS master file)
- 570 KIRTS BLVD STE 221, TROY, MI 48084-4156
- Principal officer (990 for 2024)
- WAYNE THORP
- Signed the 990
- WAYNE THORP, CEO
- Phone
- (248) 583-6242
- Website
- WWW.BETTERINVESTING.ORG
- Return prepared by
- SKILLMAN GROUP PLC
Mission
PROGRAM OF SOUND INVESTMENT INFORMATION, EDUCATION, AND SUPPORT. OUR MISSION IS TO EDUCATE INDIVIDUAL INVESTORS AND INVESTMENT CLUBS TO BECOME SUCCESSFUL LIFELONG INVESTORS.
Program accomplishments
- FAR TOO MANY AMERICANS ARE MISSING OUT ON THE BASIC BUILDING BLOCKS OF WEALTH CREATION BECAUSE OF LACK OF KNOWLEDGE, EXPOSURE AND OPPORTUNITY. TOO MANY STILL LACK BASIC INVESTMENT EDUCATION. THROUGH OUR PROGRAMS, THE NATIONAL ASSOCIATION OF INVESTORS (NAIC) AIMS TO ADDRESS THESE ISSUES AND EMPOWER INDIVIDUAL INVESTORS TO BUILD A STRONG FINANCIAL FOUNDATION. NAIC/BETTERINVESTING INTRODUCES INDIVIDUALS TO THE BENEFITS OF OWNING AND INVESTING IN STOCK. THE ORGANIZATION PROVIDES A PROGRAM OF UNBIASED, IN- DEPTH INVESTING EDUCATION TO CREATE SUCCESSFUL LIFELONG INVESTORS. THE ORGANIZATION ENCOURAGES A LONG TERM APPROACH TO INVESTING AND FINANCIAL LITERACY THAT FOCUSES ON THE SELECTION AND OWNERSHIP OF HIGH-QUALITY COMPANIES. BETTERINVESTING STAFF TEACH THE ORGANIZATION'S PRICIPLES AND TIME-TESTED METHODOLOGY VIA LIVE EDUCATIONAL WEBINARS. BETTERINVESTING MAGAZINE IS THE NAIC/BETTERINVESTING MONTHLY PUBLICATION ON A VARIETY OF FINANCIAL EDUCATION TOPICS DISTRIBUTED TO ALL MEMBERS. A DEDICATED INCLUSIVE COMMUNITY OF VOLUNTEERS ACROSS AMERICA DEVELOPS AND DELIVERS EDUCATIONAL PROGRAMS TO INDIVIDUALS AND INVESTMENT CLUBS. HUNDREDS OF CLASSES ARE OFFERED LOCALLY AND/OR ONLINE EACH YEAR. THESE EDUCATIONAL PROGRAMS ARE FOR THE GENERAL PUBLIC, WITH PROGRAMS FOR BEGINNERS AS WELL AS FOR THOSE WHO WANT TO EXPAND THEIR KNOWLEDGE OF INVESTING. THE BETTER INVESTING VOLUNTEER ADVISORY BOARD SPONSORS AND PRODUCES ONE ANNUAL CONFERENCE: THE BETTERINVESTING NATIONAL CONVENTION, WHICH OFFERS DOZENS OF INVESTMENT EDUCATION SEMINARS OVER MULTIPLE DAYS. ADDITIONALLY, NAIC/BETTERINVESTING PROVIDES TUTORIAL-BASED, ONLINE TOOLS FOR STOCK MARKET ANALYSIS AND PORTFOLIO MANAGEMENT FROM BEGINNER TO EXPERT.Expenses $2,398,770
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 38-2111435
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1998
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Human services (P51Z)
- Assets (IRS master file)
- $3,090,371
- Income (IRS master file)
- $2,819,652
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $2,706,549 | $2,874,416 | $3,090,371 | XML |
| 990-T | September 2025 | – | – | – | IRS |
| 990 | September 2024 | $2,884,281 | $3,229,247 | $3,287,371 | XML |
| 990-T | September 2024 | – | – | – | IRS |
| 990 | September 2023 | $2,685,843 | $3,019,528 | $3,653,908 | XML |
| 990-T | September 2023 | – | – | – | IRS |
| 990 | September 2022 | $3,265,301 | $2,975,245 | $3,989,057 | IRS |
| 990-T | September 2022 | – | – | – | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990-T | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | 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 38-2111435).
Questions about NATIONAL ASSOCIATION OF INVESTORS CORPORATION
- What is the EIN of NATIONAL ASSOCIATION OF INVESTORS CORPORATION?
- The employer identification number (EIN) of NATIONAL ASSOCIATION OF INVESTORS CORPORATION is 38-2111435.
- Is NATIONAL ASSOCIATION OF INVESTORS CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1998.
- Are donations to NATIONAL ASSOCIATION OF INVESTORS CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NATIONAL ASSOCIATION OF INVESTORS CORPORATION 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 NATIONAL ASSOCIATION OF INVESTORS CORPORATION due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NATIONAL ASSOCIATION OF INVESTORS CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of NATIONAL ASSOCIATION OF INVESTORS CORPORATION?
- The 990 for the year ended September 30, 2025 names WAYNE THORP.
- Who are the officers and directors of NATIONAL ASSOCIATION OF INVESTORS CORPORATION?
- The 990 for the year ended September 30, 2025 lists 13 people; 10 received compensation from the organization, the highest $174,388 (KEN ZENDEL, FORMER CEO).
- How much revenue does NATIONAL ASSOCIATION OF INVESTORS CORPORATION have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $2,706,549, expenses of $2,874,416 and total assets of $3,090,371 at year end.
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