Closed End Fund Association Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 043403082 ✦ Kansas city, MO ✦ Designated as a 501(c)(6)

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Overview

What is Closed End Fund Association Inc?

Closed End Fund Association Inc, located in Kansas City, Missouri, is a nonprofit organization dedicated to promoting the advantages of investing in closed-end funds. They achieve this goal through education, research studies, and enhanced data reporting. The association aims to serve as a comprehensive resource for information about its members and their offerings, advocating for the benefits of closed-end fund products to the investing public. Their mission is to educate and inform, ultimately contributing to a more informed investment landscape.


Official website here: www.cefa.com

Is Closed End Fund Association Inc legitimate?

Closed End Fund Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Closed End Fund Association Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.cefa.com

What is the mission statement of Closed End Fund Association Inc?

The Closed End Fund Association Inc is dedicated to enlightening the investing public about the numerous advantages of closed-end fund products. It serves as a valuable resource, providing information about its member organizations and their offerings. The association concentrates on issues related to closed-end fund investing, promoting the benefits through educational initiatives, research studies, and enhanced data reporting. Its primary goal is to foster a better understanding of closed-end funds and provide reliable resources for investors.


Official website here: www.cefa.com

Who is the CEO of Closed End Fund Association Inc?

Rennie Mcconnochiee is the Board President of Closed End Fund Association Inc.


Official website here: www.cefa.com

What is the revenue of Closed End Fund Association Inc?

Closed End Fund Association Inc's revenue in 2023 was $240,964.


Official website here: www.cefa.com

Who are the executives of Closed End Fund Association Inc and what are their salaries?


Here are 9 key members and their salaries:


Rennie Mcconnochie (Board President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Morgan (Board Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jonathan Isaac (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Keele (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Larsen (Member At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sue Batina (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Margolin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Buchanan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Smith (Executive Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cefa.com

Where can I find the form 990 for Closed End Fund Association Inc?

Closed End Fund Association Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.cefa.com

Learn more at the official website: www.cefa.com

Mission Statement of Closed End Fund Association Inc

Closed End Fund Association Inc, often referred to as CEFA, is dedicated to enlightening the investing public about the numerous benefits associated with closed-end fund products. Their mission extends beyond just education; they also aim to serve as a reliable source of information about their member organizations and their offerings. CEFA focuses on promoting the advantages of closed-end fund investing through various means, including educational resources, research studies, and enhanced data reporting. By doing so, they aim to foster a better understanding of this investment strategy among the general public.

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Impact




October, 2024

Closed End Fund Association Inc (CEFA) plays a crucial role in enhancing the understanding and utilization of closed-end fund products among investors. By focusing on education and research, CEFA aims to demystify closed-end fund investing and highlight its various benefits. The association provides valuable resources and information about its members and their offerings, empowering investors to make informed decisions.

Through educational initiatives, research studies, and enhanced data reporting, CEFA promotes awareness of closed-end fund investing issues, helping to improve investment strategies for both individual and institutional investors. By advocating for transparency and fostering a more informed investing community, CEFA contributes to a stronger financial landscape.

By doing so, CEFA not only uplifts individual investors but also supports broader community improvement, facilitating better investment practices and outcomes. The association's commitment to education ensures that stakeholders are well-equipped with the knowledge required to navigate the complexities of closed-end funds effectively.




This information is meant to be a general summary of Closed End Fund Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$240,964 (2023)
Expenses
$256,527 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $18
  • Program Service Revenue: $239,043
  • Gross Receipts: $240,964

Assets and Liabilities:

  • Total Assets: $13,814
  • Total Liabilities: $73,671
  • Net Assets: -$59,857

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

MEMBERSHIP DUES

Revenue

$239,043

Organization Details

Founding Year

1998

Principal Officer

Rennie Mcconnochiee

Main Address

2323 GRAND BOULEVARD SUITE 250, KANSAS CITY, MO, 64108

NTEE Category

Code: S41 - Community improvement

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