National Association Of Investment Companies Inc

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

EIN: 222072345 ✦ Washington, DC ✦ Designated as a 501(c)(6)

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Overview

What is National Association Of Investment Companies Inc?

The National Association of Investment Companies Inc, located in Washington D.C., is a nonprofit organization with a mission to advocate for increased access to capital for diverse-owned alternative investment firms. They carry out various programs and initiatives, aiming to educate institutional investors and other key stakeholders about the exceptional expertise and results delivered by these often underutilized asset managers. They represent the interests of these firms, striving to bridge the gap between them and potential investors. With a team of eight dedicated individuals, they work tirelessly to promote the potential of these highly qualified investment managers.


Official website here: www.naicpe.com

Is National Association Of Investment Companies Inc legitimate?

National Association Of Investment Companies Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Association Of Investment 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: $1,996,976
Professional Fundraising Fees: $0
Other Salaries and Wages: $371,895

For more financial information, click here


Official website here: www.naicpe.com

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

The National Association of Investment Companies Inc. has a mission to advocate for an increase in access to capital for diverse-owned alternative investment firms. This organization administers various programs and initiatives to achieve this goal by educating institutional investors and other key stakeholders about the expertise and results delivered by underutilized, yet highly qualified, asset managers in this sector. By promoting the capabilities of these firms, the National Association of Investment Companies Inc. aims to create more opportunities for diverse investors in the alternative investment market.


Official website here: www.naicpe.com

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

Tina Mcintyre is the President & Ceo of National Association Of Investment Companies Inc. The CEO's salary of National Association Of Investment Companies Inc is $950,141 and their total compensation is $978,624.


Official website here: www.naicpe.com

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

National Association Of Investment Companies Inc's revenue in 2022 was $5,187,229.


Official website here: www.naicpe.com

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

The average compensation at National Association Of Investment Companies Inc during 2022 was $296,109. There are 8 employees and 15 volunteers at National Association Of Investment Companies Inc.


Here are 20 key members and their salaries (National Association Of Investment Companies Inc's CEO's salary is $950,141 and their total compensation is $978,624):


Robert Greene (President & Ceo)
  • Compensation: $950,141
  • Related: $0
  • Other: $28,483
Joseph Haslip (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Smart (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lloyd Metz (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Xavier Gutierrez (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Willis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Allen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Craig Fowler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daphne Dufresne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Derek Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Ebrahemi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juan Sabater (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kola Olofinboba (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maura Reilly Kennedy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Lo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tony Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carmen Ortiz-Mcghee (Chief Operating Officer)
  • Compensation: $530,092
  • Related: $0
  • Other: $41,880
Tina Mcintyre (Svp & Chief Financial Officer)
  • Compensation: $400,092
  • Related: $0
  • Other: $46,288
Marissa Mahoney (Director Of Partnerships And Alliances)
  • Compensation: $145,000
  • Related: $0
  • Other: $14,222
Dawn Simmons (Office Manager)
  • Compensation: $100,090
  • Related: $0
  • Other: $29,715


Official website here: www.naicpe.com

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

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


Official website here: www.naicpe.com

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

Mission Statement of National Association Of Investment Companies Inc

The National Association of Investment Companies Inc, in its mission, advocates for an enhancement in the availability of capital for diverse-owned alternative investment firms. This nonprofit organization strives to promote awareness and recognition of the exceptional expertise and outstanding results delivered by these often underserved, highly qualified asset managers. To achieve this goal, the National Association of Investment Companies Inc administers various programs and initiatives, aiming to educate institutional investors and other key stakeholders about the potential of these alternative investment firms. By doing so, the organization seeks to increase their access to much-needed capital, thereby fostering growth and success in this sector.

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Impact




October, 2024

The National Association of Investment Companies Inc (NAIC) plays a significant role in advocating for diverse-owned alternative investment firms by enhancing their access to capital. Through various programs and initiatives, NAIC educates institutional investors and other key stakeholders about the expertise and performance of often underrecognized and highly qualified asset managers. This effort not only supports the growth of diverse firms but also promotes greater inclusivity within the financial services industry.

By focusing on increasing access to capital, the NAIC contributes to community improvement and economic equity. Their advocacy helps to break down barriers that limit the participation of diverse firms in the alternative investment space, which can lead to more innovative investment strategies and greater representation in financial decision-making. Overall, NAIC’s impact is felt in the advancement of diversity, economic empowerment, and the enrichment of the investment landscape.




This information is meant to be a general summary of National Association Of Investment 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
$5,187,229 (2022)
Expenses
$4,301,016 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $24,380
  • Program Service Revenue: $916,060
  • Gross Receipts: $5,187,229

Assets and Liabilities:

  • Total Assets: $4,076,477
  • Total Liabilities: $166,221
  • Net Assets: $3,910,256

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Programs

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

CONFERENCE SPONSORSHIP

Revenue

$715,000

PROGRAM INCOME

Revenue

$150,050

CONFERENCE REGISTRATIO

Revenue

$51,010

Organization Details

Founding Year

1971

Principal Officer

Tina Mcintyre

Main Address

1300 PENNSYLVANIA AVENUE NW 700, WASHINGTON, DC, 20004

NTEE Category

Code: S41 - Community improvement

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