Loan Syndications And Trading Association Inc

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

EIN: 133867347 ✦ New york, NY ✦ Designated as a 501(c)(6)

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Overview

What is Loan Syndications And Trading Association Inc?

The Loan Syndications and Trading Association Inc, based in New York City, is a nonprofit organization that advocates for a fair, orderly, and efficient corporate loan market. With a mission to advance and balance the interests of all market participants, LSTA carries out various activities such as advocacy, education, and improving market transparency and efficiency. They facilitate and enhance the settlement process, develop standard forms and documentation, and disseminate market-pricing information. The organization, with a team of 15 employees, aims to promote a thriving and growing corporate loan asset class while adhering to the highest ethical standards.


Official website here: www.lsta.org

Is Loan Syndications And Trading Association Inc legitimate?

Loan Syndications And Trading Association Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Loan Syndications And Trading 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: $5,139,533
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,571,736

For more financial information, click here


Official website here: www.lsta.org

What is the mission statement of Loan Syndications And Trading Association Inc?

The Loan Syndications and Trading Association Inc (LSTA) functions with the objective of fostering a fair, orderly, and efficient corporate loan market. By advocating for the collective interests of all market participants, LSTA strives to balance the needs of various stakeholders. The organization's activities encompass increasing market transparency and efficiency, facilitating and improving the settlement process, and educating market participants. They achieve this through the development of standard forms and documentation and the dissemination of market-pricing information. LSTA's primary focus is on promoting a thriving loan asset class and ensuring a balanced and healthy corporate loan market.


Official website here: www.lsta.org

Who is the CEO of Loan Syndications And Trading Association Inc?

Alexander Nabiocheck is the Co-Chair of Loan Syndications And Trading Association Inc.


Official website here: www.lsta.org

What is the revenue of Loan Syndications And Trading Association Inc?

Loan Syndications And Trading Association Inc's revenue in 2022 was $15,270,682.


Official website here: www.lsta.org

Who are the executives of Loan Syndications And Trading Association Inc and what are their salaries?

The average compensation at Loan Syndications And Trading Association Inc during 2022 was $447,418. There are 15 employees and 23 volunteers at Loan Syndications And Trading Association Inc.


Here are 35 key members and their salaries:


David Lerner (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexander Stromberg (Co-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alex Naboickeck (Vice Chair & Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Baskind (Vice Chair & Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Russell (Vice Chair At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carly Wilson (Vice Chair At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Wong (Vice Chair At Large)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mohamed Basma (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ralph Hinckley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Mechlin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gregory Robbins (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Sheldon (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Francis Sutter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Vanek (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Weir (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wynne Comer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valerie Kritsberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brett Nunziata (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Sanofsky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Stanczuk (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlie Towers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Warren (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin White (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Theodore Basta (Executive Vice President)
  • Compensation: $559,434
  • Related: $0
  • Other: $53,999
Meredith Coffey (Executive Vice President)
  • Compensation: $696,952
  • Related: $0
  • Other: $60,149
Elliot Ganz (Executive Vice President)
  • Compensation: $793,582
  • Related: $0
  • Other: $86,355
Ellen Hefferan (Executive Vice President)
  • Compensation: $498,640
  • Related: $0
  • Other: $75,740
Bridget Marsh (Executive Vice President)
  • Compensation: $542,331
  • Related: $0
  • Other: $90,909
Lee Shaiman (Executive Director)
  • Compensation: $999,189
  • Related: $0
  • Other: $82,470
Tess Virmani (Senior Vice President)
  • Compensation: $503,135
  • Related: $0
  • Other: $96,649
Lorena Deluca (Director Of Projects & Sp)
  • Compensation: $137,769
  • Related: $0
  • Other: $57,445
Donna Murray (Fmr. Dir. Of Finance)
  • Compensation: $154,509
  • Related: $0
  • Other: $39,165
Christine Ramos (Manager, Website & Digital)
  • Compensation: $110,743
  • Related: $0
  • Other: $33,591
Salman Riaz (Frmr. Vp Analytics And Strategy)
  • Compensation: $137,297
  • Related: $0
  • Other: $50,506
Lisa Schneider (Evp Membership)
  • Compensation: $422,011
  • Related: $0
  • Other: $87,464


Official website here: www.lsta.org

Where can I find the form 990 for Loan Syndications And Trading Association Inc?

Loan Syndications And Trading Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lsta.org

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

Mission Statement of Loan Syndications And Trading Association Inc

The Loan Syndications and Trading Association Inc, or LSTA, is a nonprofit organization dedicated to fostering a fair, orderly, and efficient corporate loan market. It advocates for the shared interests of all market participants and works towards increasing transparency and efficiency in the loan market. The LSTA carries out various activities to promote the growth of the loan asset class, including the development of standard forms and documentation and the dissemination of market-pricing information. By facilitating and improving the settlement process, the organization aims to create a thriving and balanced market environment for all involved parties. With a mission to advance and balance the interests of all market participants, the LSTA is a driving force in promoting a vibrant and growing corporate loan market.

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Impact




October, 2024

Loan Syndications and Trading Association Inc. (LSTA) plays a crucial role in promoting a fair, orderly, and efficient corporate loan market. By advocating for the shared interests of all participants in the loan market, LSTA enhances market transparency and efficiency, which ultimately benefits investors, borrowers, and other stakeholders.

The association focuses on educating market participants, providing them with the necessary tools and knowledge to navigate the complexities of the corporate loan asset class. This education helps foster informed decision-making, leading to a more robust and liquid marketplace. In addition, LSTA works to improve the settlement process, which is vital for maintaining trust and reliability among market players.

LSTA's efforts to develop standard forms and documentation contribute to the uniformity and clarity within the market, reducing transaction costs and potential disputes. By disseminating market-pricing information, LSTA empowers its members with insights that can drive better investment strategies and risk assessments.

Overall, the LSTA's impact extends beyond individual participants; its initiatives support the continuous growth and stabilization of the corporate loan market, benefiting the broader economy by facilitating capital flows and financing opportunities.




This information is meant to be a general summary of Loan Syndications And Trading 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
$15,270,682 (2022)
Expenses
$12,794,670 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $300,625
  • Program Service Revenue: $11,322,341
  • Gross Receipts: $18,894,176

Assets and Liabilities:

  • Total Assets: $45,251,433
  • Total Liabilities: $17,399,960
  • Net Assets: $27,851,473

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Programs

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

MEMBERSHIP DUES

Revenue

$9,119,555

CONFERENCES

Revenue

$2,202,786

Organization Details

Founding Year

1995

Principal Officer

Alexander Nabiocheck

Main Address

366 MADISON AVENUE 15TH F, NEW YORK, NY, 10017

NTEE Category

Code: S41 - Community improvement

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