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: $2,770,331
Professional Fundraising Fees: $0
Other Salaries and Wages: $235,264
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?
Robert Greene is the CEO of National Association Of Investment Companies Inc The CEO's salary of National Association Of Investment Companies Inc is $1,000,264 and their total compensation is $1,031,175.
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 2023 was $5,960,816.
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 2023 was $300,560. There are 10 employees and 16 volunteers at National Association Of Investment Companies Inc.
Here are 23 key members and their salaries (National Association Of Investment Companies Inc's CEO's salary is $1,000,264 and their total compensation is $1,031,175):
- Compensation: $1,000,264
- Related: $0
- Other: $30,911
- Compensation: $0
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- Other: $0
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- Other: $0
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- Compensation: $564,641
- Related: $0
- Other: $47,287
- Compensation: $425,692
- Related: $0
- Other: $50,487
- Compensation: $181,390
- Related: $0
- Other: $41,740
- Compensation: $150,058
- Related: $0
- Other: $14,701
- Compensation: $106,355
- Related: $0
- Other: $33,634
- Compensation: $100,090
- Related: $0
- Other: $23,081
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 2023 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $80,449
- Program Service Revenue: $981,450
- Gross Receipts: $5,960,816
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
$780,000
PROGRAM INCOME
Revenue
$150,450
CONFERENCE REGISTRATIO
Revenue
$51,000
Organization Details
Founding Year
1971
Principal Officer
Tina Mcintyre
Website
www.naicpe.comNTEE Category
Code: S41 - Community improvement
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