National Association Of Security Companies Inc

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

EIN: 133005663 ✦ Washington, DC ✦ Designated as a 501(c)(6)

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Overview

What is National Association Of Security Companies Inc?

National Association of Security Companies Inc, located at 444 North Capitol Street NW 607, Washington, DC 20001, serves as an advocacy group for the contract private security industry in the United States. With a single employee, this nonprofit organization provides its members with regular and timely updates on industry, legal, regulatory, federal, state, and local issues and topics that impact the business, operations, and licensing of private security companies and private security officers. By representing the common interests of the industry, NASCO aims to ensure a supportive environment for its members, fostering growth and success in the field of private security.


Official website here: www.nasco.org

Is National Association Of Security Companies Inc legitimate?

National Association Of Security Companies Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Association Of Security Companies 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: $306,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $29,060

For more financial information, click here


Official website here: www.nasco.org

What is the mission statement of National Association Of Security Companies Inc?

The National Association of Security Companies Inc, commonly referred to as NASCO, serves to represent the shared interests of the contract private security industry within the United States. Its primary mission is to provide its members with consistent and timely information and analysis on various issues and topics that impact the business, operations, and licensing of private security companies and private security officers. This includes industry, legal, regulatory, federal, state, and local matters. By doing so, NASCO aims to support and advocate for the well-being and success of the private security industry.


Official website here: www.nasco.org

Who is the CEO of National Association Of Security Companies Inc?

Jim Mcnulty is the Chairman of National Association Of Security Companies Inc.


Official website here: www.nasco.org

What is the revenue of National Association Of Security Companies Inc?

National Association Of Security Companies Inc's revenue in 2022 was $675,013.


Official website here: www.nasco.org

Who are the executives of National Association Of Security Companies Inc and what are their salaries?

The average compensation at National Association Of Security Companies Inc during 2022 was $335,060. There is 1 employee at National Association Of Security Companies Inc.


Here are 8 key members and their salaries:


Martin Herman (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Mcnulty (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Bottom (Second Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Buckman (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eddie Sorrells (First Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Austin (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leon Beresford (Third Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Amitay (Executive Director)
  • Compensation: $262,167
  • Related: $0
  • Other: $43,833


Official website here: www.nasco.org

Where can I find the form 990 for National Association Of Security Companies Inc?

National Association Of Security Companies Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nasco.org

Learn more at the official website: www.nasco.org

Mission Statement of National Association Of Security Companies Inc

The National Association of Security Companies Inc, abbreviated as NASCO, serves to uphold the shared interests of the contract private security industry within the United States. In essence, its mission is centered around representing and advocating for the common concerns that private security companies and their personnel encounter in relation to industry, legal, regulatory, federal, state, and local issues. NASCO fulfills this mission by supplying its members with regular and timely information and analysis on these aforementioned topics, ensuring they are well-informed and equipped to navigate the complexities of the private security business and licensing landscape.

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Impact




October, 2024

The National Association of Security Companies Inc. plays a vital role in representing the collective interests of the contract private security industry in the U.S. By providing timely information, analysis, and resources to its members, NASCO enhances the operational effectiveness of private security companies and their personnel. This includes informing members about critical industry developments, legal and regulatory changes, and specific issues affecting business practices at federal, state, and local levels.

Through its advocacy efforts, NASCO helps to shape policies that impact the private security sector, thereby fostering a more robust and informed community of security professionals. Their focus on common interests contributes to the overall improvement of the industry, ensuring that private security officers are well-equipped to navigate challenges in a dynamic environment. By addressing the needs and concerns of security companies, NASCO strengthens the entire private security landscape, ultimately benefiting the communities they serve.




This information is meant to be a general summary of National Association Of Security Companies 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
$675,013 (2022)
Expenses
$682,040 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $14,792
  • Program Service Revenue: $660,221
  • Gross Receipts: $675,013

Assets and Liabilities:

  • Total Assets: $902,261
  • Total Liabilities: $50,917
  • Net Assets: $851,344

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Programs

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

MEMBERSHIP DUES

Revenue

$616,436

REGISTRATION FEES

Revenue

$43,785

Organization Details

Founding Year

1982

Principal Officer

Jim Mcnulty

Main Address

444 NORTH CAPITOL STREET NW 607, WASHINGTON, DC, 20001

NTEE Category

Code: S41 - Community improvement

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