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Nonprofit · EIN 82-5055391

INDEPENDENT DEALER AND TRADER ASSOCIATION

Tax-exempt · WASHINGTON, DC 20036

Financials

$274K$329K2023$341K$301K2024
Revenue Expenses · by fiscal year end
Financials of INDEPENDENT DEALER AND TRADER ASSOCIATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$341,250$301,341$39,909$117,657$90,000$27,657
December 31, 2023990$273,750$328,897-$55,147$87,748$100,000-$12,252
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$341,250
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$300,224
Accounting fees
$830

Balance sheet and other

Total assets, start of year
$87,748
Total assets, end of year
$117,657
Total liabilities, end of year
$90,000
Net assets, end of year
$27,657
Net assets without donor restrictions
$27,657
Gross receipts
$341,250
Employees
0
Volunteers
5
Year formed
2018
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.

NameTitleHours / weekCompensation
JAMES TABACCHIPRESIDENT & SEC
Trustee or director, Officer
1$0
JOSEPH WEINHOFFERDirector
Trustee or director
1$0
ROBERT MORANDirector
Trustee or director
1$0
LARA HERNANDEZDirector
Trustee or director
1$0
MICHAEL BODNERVICE PRESIDENT
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
JAMES TABACCHIPRESIDENT & SEC
Trustee or director, Officer
1$0
JOSEPH WEINHOFFERDirector
Trustee or director
1$0
ROBERT MORANDirector
Trustee or director
1$0
LARA HERNANDEZDirector
Trustee or director
1$0
MICHAEL BODNERVICE PRESIDENT
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
1330 CONNECTICUT AVENUE NW, WASHINGTON, DC 20036-1704
In care of
% JAMES TABACCHI
Principal officer (990 for 2024)
JAMES TABACCHI, 1330 CONNECTICUT AVENUE NW, WASHINGTON, DC 200361704
Signed the 990
Scott Skyrm, VICE PRESIDENT
Phone
(312) 634-4821
Return prepared by
Bernath & Rosenberg PC

Mission

IDTA IS A FORUM FOR INDEPENDENT DEALERS AND TRADERS TO DISCUSS AND CONSIDER THE IMPACT OF MARKET OPERATIONAL ISSUES ON THEIR INDUSTRY SECTOR AND TO ADVOCATE FOR CONSTRUCTIVE SOLUTIONS THAT PROMOTE THE LIQUIDITY AND EFFICIENCY OF CAPITAL MARKETS.

990 for the year ended December 31, 2024

Program accomplishments

  • ISSUE ADVOCACY (95%): IDTA EDUCATES REGULATORS AND OTHER RELEVANT POLICY MAKERS ABOUT THE IMPORTANCE OF INDEPENDENT DEALERS AND TRADERS TO THE HEALTH OF THE FINANCIAL INDUSTRY, WITH PARTICULAR EMPHASIS ON THE SECURITIES AND EXCHANGE COMMISSION ("SEC"), THE TREASURY DEPARTMENT, AND THE FEDERAL RESERVE BANK OF NEW YORK ("FRBNY"), AND ADVOCATES FOR REGULATORY CHANGES THAT WILL PROMOTE LIQUIDITY AND EFFICIENCY OF CAPITAL MARKETS.
  • QUARTERLY MEETINGS (5%): HELD IN WASHINGTON, D.C., NEW YORK CITY, AND CHICAGO WHERE IDTA BOARD MEMBERS MANAGE THE IDTA AND DISCUSS HOW TOBEST FURTHER THE IDTA'S OBJECTIVE. THE FIRST BOARD MEETING WAS HELD INMAY 2020.

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
82-5055391
Tax-exempt status
501(c)(6): Business league or chamber of commerce
Donations deductible
No
Exempt since
2019
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$117,657
Income (IRS master file)
$341,250

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$341,250$301,341$117,657XML
990December 2023$273,750$328,897$87,748XML
990December 2022$270,000$277,499$155,395IRS
990December 2021$292,500$328,247$140,394IRS
990December 2020–––IRS
990December 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 82-5055391).

Questions about INDEPENDENT DEALER AND TRADER ASSOCIATION

What is the EIN of INDEPENDENT DEALER AND TRADER ASSOCIATION?
The employer identification number (EIN) of INDEPENDENT DEALER AND TRADER ASSOCIATION is 82-5055391.
Is INDEPENDENT DEALER AND TRADER ASSOCIATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(6) since 2019.
Are donations to INDEPENDENT DEALER AND TRADER ASSOCIATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does INDEPENDENT DEALER AND TRADER 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 INDEPENDENT DEALER AND TRADER 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 INDEPENDENT DEALER AND TRADER 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 INDEPENDENT DEALER AND TRADER ASSOCIATION?
The 990 for the year ended December 31, 2024 names JAMES TABACCHI.
Who are the officers and directors of INDEPENDENT DEALER AND TRADER ASSOCIATION?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does INDEPENDENT DEALER AND TRADER ASSOCIATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $341,250, expenses of $301,341 and total assets of $117,657 at year end.

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