Nonprofit · EIN 47-0730228
NORTH AMERICAN SECURITIES ADMINISTRATORS ASSOCIATION INC
Tax-exempt · WASHINGTON, DC 20002
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $23,115,348 | $13,012,192 | $10,103,156 | $49,034,976 | $3,969,436 | $45,065,540 |
| December 31, 2023 | 990 | $15,739,705 | $11,298,527 | $4,441,178 | $36,598,745 | $3,294,884 | $33,303,861 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $3,498,856
- Program service revenue
- $18,346,946
- Investment income
- $1,215,704
- Royalties
- $39,457
- Net rental income
- -$1,468
- Net gain from sales of assets
- $9,276
- Other revenue
- $53,842
Expenses
- Grants and similar amounts paid
- $758
- Compensation of officers, directors and key employees
- $896,027
- Other salaries and wages
- $3,297,959
- Salaries, compensation and benefits (total)
- $5,242,113
- Professional fundraising fees
- $0
- Legal fees
- $197,980
- Accounting fees
- $273,923
- Occupancy
- $311,655
- Travel
- $1,269,001
- Depreciation
- $189,952
- Program services (functional)
- $8,948,667
- Management and general (functional)
- $4,063,525
Balance sheet and other
- Total assets, start of year
- $36,598,745
- Total assets, end of year
- $49,034,976
- Total liabilities, end of year
- $3,969,436
- Net assets, end of year
- $45,065,540
- Land, buildings and equipment
- $2,868,393
- Publicly traded securities
- $36,262,040
- Net assets without donor restrictions
- $41,566,684
- Net assets with donor restrictions
- $3,498,856
- Gross receipts
- $23,156,298
- Employees
- 30
- Volunteers
- 12
- Year formed
- 1919
- State of legal domicile
- DC
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 |
|---|---|---|---|---|
| JOSEPH BRADY | EXECUTIVE DIRECTOR Officer | 40 | $512,555 | $74,299 |
| VINCENTE MARTINEZ | GENERAL COUNSEL Highest-paid employee | 40 | $293,615 | $79,805 |
| MARINA ALONSO-MENDOZA | DIR. OF FINANCE AND OPERATIONS Officer | 40 | $253,548 | $55,626 |
| JAMES APISTOLAS | DIR. OF EDU, EVENTS, AND MEMBERSHIP Highest-paid employee | 40 | $206,454 | $58,904 |
| ZACHARY KNEPPER | DEPUTY GENERAL COUNSEL Highest-paid employee | 40 | $227,752 | $32,333 |
| KRISTEN HUTCHENS | DIR. OF POLICY AND GOVERNMENT AFFAIRS Highest-paid employee | 40 | $197,889 | $36,065 |
| FREDERICK BALDASARRO | DIR. OF COMMUNICATIONS Highest-paid employee | 40 | $202,830 | $28,467 |
| LESLIE M VAN BUSKIRK | PRESIDENT Trustee or director, Officer | 8 | $0 | $0 |
| ELIZABETH BOWLING | TREASURER Trustee or director, Officer | 8 | $0 | $0 |
| STEPHEN BOUCHARD | SECRETARY Trustee or director, Officer | 8 | $0 | $0 |
| ANDREA SEIDT | DIRECTOR Trustee or director | 8 | $0 | $0 |
| ANDREW HARTNETT | DIRECTOR, (UNTIL 9/10/2024) Trustee or director | 8 | $0 | $0 |
| TOM COTTER | DIRECTOR, (UNTIL 9/10/2024) Trustee or director | 8 | $0 | $0 |
| JESSE DEVINE | DIRECTOR, (FROM 9/10/2024) Trustee or director | 8 | $0 | $0 |
| CLAIRE MCHENRY | DIRECTOR Trustee or director | 8 | $0 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARNI ROCK GIBSON | DIRECTOR Trustee or director | 8 | $0 |
| MELANIE SENTER-LUBIN | DIRECTOR, (FROM 9/10/2024) Trustee or director | 8 | $0 |
| DIANE YOUNG-SPITZER | DIRECTOR, (UNTIL 9/10/2024) Trustee or director | 8 | $0 |
| HELEN JANE ANDERSON | DIRECTOR, (FROM 9/10/2024) Trustee or director | 8 | $0 |
990 for the year ended December 31, 2023: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JOSEPH BRADY | EXECUTIVE DIRECTOR Officer | 40 | $507,532 | $69,192 |
| VINCENTE MARTINEZ | GENERAL COUNSEL Highest-paid employee | 40 | $271,795 | $72,220 |
| MARINA ALONSO-MENDOZA | DIR. OF FINANCE AND OPERATIONS Officer | 40 | $234,293 | $52,009 |
| JAMES APISTOLAS | DIR. OF ED, EVENTS, & M/SHIP Highest-paid employee | 40 | $191,756 | $53,802 |
| ZACHARY KNEPPER | DEPUTY GENERAL COUNSEL Highest-paid employee | 40 | $212,874 | $31,074 |
| KRISTEN HUTCHENS | DIR. OF POLICY AND GOV'T AFFAIRS Highest-paid employee | 40 | $182,931 | $33,613 |
| FREDERICK BALDASARRO | DIR. OF COMMUNICATIONS Highest-paid employee | 40 | $180,631 | $17,922 |
| CLAIRE MCHENRY | PRESIDENT Trustee or director, Officer | 8 | $0 | $0 |
| TOM COTTER | TREASURER Trustee or director, Officer | 8 | $0 | $0 |
| DIANE YOUNG-SPITZER | SECRETARY Trustee or director, Officer | 8 | $0 | $0 |
| ANDREA SEIDT | DIRECTOR Trustee or director | 8 | $0 | $0 |
| ANDREW HARTNETT | DIRECTOR Trustee or director | 8 | $0 | $0 |
| ELIZABETH BOWLING | DIRECTOR, (FROM 9/12/2023) Trustee or director | 8 | $0 | $0 |
| ERIC PISTILLI | DIRECTOR, (UNTIL 9/12/2023) Trustee or director | 8 | $0 | $0 |
| LESLIE M VAN BUSKIRK | DIRECTOR Trustee or director | 8 | $0 | $0 |
| MARNI ROCK GIBSON | DIRECTOR Trustee or director | 8 | $0 | $0 |
| MELANIE SENTER-LUBIN | DIRECTOR, (UNTIL 9/12/2023) Trustee or director | 8 | $0 | $0 |
| STEPHEN BOUCHARD | DIRECTOR, (FROM 9/12/2023) Trustee or director | 8 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 750 1ST ST NE, WASHINGTON, DC 20002-4241
- Principal officer (990 for 2024)
- JOSEPH BRADY, 750 FIRST STREET NE 990, WASHINGTON, DC 20002
- Signed the 990
- JOSEPH BRADY, EXECUTIVE DIRECTOR
- Phone
- (202) 737-0900
- Website
- WWW.NASAA.ORG
- Return prepared by
- GELMAN ROSENBERG & FREEDMAN
Mission
NASAA REPRESENTS AND SERVES ITS MEMBERS THROUGH ADVOCACY, EDUCATION, SUBJECT MATTER EXPERTISE, COMMUNICATION, AND COORDINATION.
Program accomplishments
- IAR CONTINUING EDUCATION ("IAR CE"): INVESTMENT ADVISER REPRESENTATIVE CONTINUING EDUCATION (IAR CE) IS A PROGRAM MANAGED BY NASAA FOR RELEVANT NASAA MEMBERS THAT REQUIRES ANNUAL CONTINUING EDUCATION REQUIREMENTS AND INFORMATION FOR APPLICABLE INVESTMENT ADVISER REPRESENTATIVES. THE NASAA MEMBERSHIP APPROVED A MODEL RULE THAT HAS SINCE BEEN ADOPTED BY MANY NASAA MEMBERS REQUIRING 12 CREDITS OF APPROVED CE ANNUALLY. THE NASAA CORPORATE OFFICE AND ITS VENDORS MANAGE THE DAILY OPERATIONS OF THE PROGRAM.Expenses $1,973,108 · revenue $6,270,032
- OTHER ACTIVITIES ARE ORGANIZED THROUGHOUT THE YEAR TO PROVIDE EDUCATION AND COLLABORATIVE OPPORTUNITIES TO MEMBERS WHO DEAL WITH SECURITIES REGULATION AND ENFORCEMENT MATTERS. AMONG THESE ACTIVITIES, NASAA ROUTINELY PROVIDES NEW CONTENT FOR SERIES 63, SERIES 65 AND SERIES 66 EXAMINATIONS, WHICH ARE OWNED BY NASAA AND ARE UTILIZED IN THE FINANCIAL SERVICES INDUSTRY.Expenses $1,932,744 · revenue $8,999,744
- NASAA, UNDER THE LEADERSHIP OF ITS STATE SECURITIES REGULATOR MEMBERS, OPERATES THE ELECTRONIC FILING DEPOSITORY ("EFD"). THE EFD SYSTEM BENEFITS FROM THE OVERSIGHT OF THE NASAA BOARD OF DIRECTORS AND SUBJECT MATTER EXPERTISE FROM THE EFD STEERING COMMITTEE. EFD IS AN INTERNET ACCESSIBLE DATABASE SYSTEM THAT ALLOWS ISSUERS TO SUBMIT REGULATORY FILINGS AND PAY RELATED FEES TO STATE SECURITIES REGULATORS. THE FILINGS THAT CAN BE SUBMITTED THROUGH THE EFD MANAGED FUNCTIONALITY INCLUDE FORM D FOR REGULATION D, RULE 506 FILINGS, FORM NF-UIT FILINGS, FRANCHISE REGISTRATION FILINGS, FORM NF-MUTUAL FUND FILINGS, AS WELL AS OTHER CORPORATE FINANCE FILINGS. EFD ALSO PROVIDES A PUBLIC FACING WEBSITE TO SEARCH AND VIEW, FREE OF CHARGE, FILINGS MADE THROUGH THE SYSTEM TO STATE SECURITIES REGULATORS. THE EFD SYSTEM ALLOWS FILERS AND STATE REGULATORY AGENCIES TO TRANSITION FROM PAPER-BASED FILING SYSTEMS TO AN ELECTRONIC SYSTEM. BY FOSTERING UNIFORMITY IN STATE REGULATORY FILINGS, AND SIMPLIFYING COMMUNICATIONS BETWEEN FILER AND REGULATOR, EFD SERVES ITS MEMBER REGULATORS WITH A MORE EFFICIENT AND EFFECTIVE MEANS TO RECEIVE AND MONITOR SECURITIES FILINGS.Expenses $1,914,648 · revenue $2,730,836
- AN ANNUAL FALL CONFERENCE IS HELD EACH YEAR IN A DIFFERENT CITY IN CONJUNCTION WITH A FULL MEMBERSHIP MEETING. BOTH SERVE TO UPDATE PARTICIPANTS AND MEMBERS ON CURRENT EVENTS PERTAINING TO SECURITIES ADMINISTRATION.Expenses $763,713 · revenue $122,759
- NASAA'S MULTI-PRONGED MISSION INCLUDES SERVING MEMBERS THROUGH EDUCATION. IN FULFILLING THIS ASPECT OF THE ORGANIZATION'S MISSION, NASAA MAINTAINS A TRAINING AND EDUCATION PROGRAM COMPRISED OF A SERIES OF IN-PERSON TRAINING EVENTS AND WEBINARS THAT TAKE PLACE THROUGHOUT THE YEAR. THE EVENTS ARE LARGELY FUNDED BY THE ORGANIZATION AND AVAILABLE PRIMARILY TO NASAA MEMBERS AND THEIR STAFF. TRAINING EVENTS FOCUSED ON THE FOLLOWING ARE HELD ANNUALLY: ENFORCEMENT, INVESTMENT ADVISER REGULATION, INVESTOR EDUCATION, BROKER-DEALER REGULATION, CORPORATION FINANCE AND FRANCHISE REGULATION, LICENSING AND REGISTRATION. LITIGATION AND DEPOSITION SKILLS TRAINING SEMINARS ARE HELD IN ALTERNATING YEARS. NASAA RECORDS THESE EVENTS AND MAKES THEM AVAILABLE TO MEMBERS ON THE DISTANCE LEARNING SECTION OF THE NASAA WEBSITE.Expenses $1,625,615 · grants $758 · revenue $187,625
- SPRING CONFERENCE IN WASHINGTON DCExpenses $423,007 · revenue $35,950
- NASAA EXAMS MODULE ("NEMO") SYSTEMExpenses $315,832
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
- 47-0730228
- 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
- 1994
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Unknown (Z99Z)
- Assets (IRS master file)
- $49,034,976
- Income (IRS master file)
- $23,156,298
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $23,115,348 | $13,012,192 | $49,034,976 | XML |
| 990 | December 2023 | $15,739,705 | $11,298,527 | $36,598,745 | XML |
| 990 | December 2022 | $14,184,404 | $8,793,531 | $29,913,852 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 47-0730228).
Questions about NORTH AMERICAN SECURITIES ADMINISTRATORS ASSOCIATION INC
- What is the EIN of NORTH AMERICAN SECURITIES ADMINISTRATORS ASSOCIATION INC?
- The employer identification number (EIN) of NORTH AMERICAN SECURITIES ADMINISTRATORS ASSOCIATION INC is 47-0730228.
- Is NORTH AMERICAN SECURITIES ADMINISTRATORS ASSOCIATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to NORTH AMERICAN SECURITIES ADMINISTRATORS ASSOCIATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NORTH AMERICAN SECURITIES ADMINISTRATORS 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 NORTH AMERICAN SECURITIES ADMINISTRATORS 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 NORTH AMERICAN SECURITIES ADMINISTRATORS 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 NORTH AMERICAN SECURITIES ADMINISTRATORS ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 names JOSEPH BRADY.
- Who are the officers and directors of NORTH AMERICAN SECURITIES ADMINISTRATORS ASSOCIATION INC?
- The 990 for the year ended December 31, 2024 lists 19 people; 7 received compensation from the organization, the highest $512,555 (JOSEPH BRADY, EXECUTIVE DIRECTOR).
- How much revenue does NORTH AMERICAN SECURITIES ADMINISTRATORS ASSOCIATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $23,115,348, expenses of $13,012,192 and total assets of $49,034,976 at year end.
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