Institute For Portfolio Alternativesinc

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

EIN: 222597521 ✦ Washington, DC ✦ Designated as a 501(c)(6)

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Overview

What is Institute For Portfolio Alternativesinc?

The Institute for Portfolio Alternativesinc, located at 1455 Pennsylvania Ave NW 400, Washington, DC 20004, is a nonprofit organization that serves as a platform for investment sponsors, broker dealers, and industry professionals. Their primary mission is to advocate for direct investments through education, ensuring unity of direction and efficient coordination in the strategies and operational alignment of their offer and distribution of direct investments. The organization hosts membership meetings annually to disseminate industry trends and regulatory updates, benefiting approximately 1,511 individuals in 2022 through both physical meetings and webinars. With a staff of six dedicated professionals, the Institute for Portfolio Alternativesinc strives to foster a collaborative environment within the investment industry.


Official website here: www.ipa.com

Is Institute For Portfolio Alternativesinc legitimate?

Institute For Portfolio Alternativesinc is a legitimate nonprofit organization registered as a 501(c)(6) entity. Institute For Portfolio Alternativesinc 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: $1,281,452
Professional Fundraising Fees: $0
Other Salaries and Wages: $219,223

For more financial information, click here


Official website here: www.ipa.com

What is the mission statement of Institute For Portfolio Alternativesinc?

The Institute for Portfolio Alternativesinc serves as a national association, bringing together investment sponsors, broker dealers, and industry professionals. Their mission is to ensure unity of direction and efficient coordination in the strategies and operational alignment of direct investments they offer and distribute. They achieve this by organizing meetings and webinars annually, disseminating industry trends and regulatory updates. In 2022, approximately 1,511 individuals benefited from attending these events. The association aims to foster a cohesive and effective approach in the direct investment sector.


Official website here: www.ipa.com

Who is the CEO of Institute For Portfolio Alternativesinc?

Anya Coverman is the Director of Institute For Portfolio Alternativesinc. The CEO's salary of Institute For Portfolio Alternativesinc is $311,667 and their total compensation is $323,650.


Official website here: www.ipa.com

What is the revenue of Institute For Portfolio Alternativesinc?

Institute For Portfolio Alternativesinc's revenue in 2022 was $4,576,207.


Official website here: www.ipa.com

Who are the executives of Institute For Portfolio Alternativesinc and what are their salaries?

The average compensation at Institute For Portfolio Alternativesinc during 2022 was $250,112. There are 6 employees and 387 volunteers at Institute For Portfolio Alternativesinc.


Here are 35 key members and their salaries (Institute For Portfolio Alternativesinc's CEO's salary is $311,667 and their total compensation is $323,650):


John Carter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Jones (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Earley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kamal Jafarnia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Manning (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Milner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Fries (Chair Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy Rolfs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne-Marie Vandenberg (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Vene (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeremy Beal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chirag Bhavsar (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ali Connaughton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Duffy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Gannon (Ex Officio)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Goedtke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Krupa (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Sittema (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Mumma (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chase Bolding (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheila Rapple (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christina Fast-Adamson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Fahmy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Pascucci (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Hurley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thayer Gallison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Goode (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Shaw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mccarthy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brad Sussman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leon Volchyok (Chair Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anthony Chereso (Pres/Ceo Until 7/22)
  • Compensation: $397,920
  • Related: $0
  • Other: $25,485
Tracy Mesterharm (Assoc Dir/Secretary/Treas Until 3/23)
  • Compensation: $185,749
  • Related: $0
  • Other: $36,089
Anya Coverman (President/Ceo As Of 8/22)
  • Compensation: $311,667
  • Related: $0
  • Other: $11,983
Megan Gavin (Director, Strategic Partne)
  • Compensation: $367,894
  • Related: $0
  • Other: $19,478


Official website here: www.ipa.com

Where can I find the form 990 for Institute For Portfolio Alternativesinc?

Institute For Portfolio Alternativesinc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ipa.com

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

Mission Statement of Institute For Portfolio Alternativesinc

The Institute for Portfolio Alternativesinc, a prominent organization, is dedicated to advocating for direct investments. Its primary mission is to unite various investment sponsors, broker dealers, and industry professionals under one umbrella. The goal is to ensure a unified direction and efficient coordination in the strategies and operational alignment associated with the offering and distribution of direct investments. The Institute accomplishes this by organizing membership meetings annually, where they disseminate the latest industry trends and regulatory updates. In 2022, approximately 1,511 individuals benefited from attending these meetings and webinars, demonstrating the Institute's commitment to keeping its members informed and up-to-date.

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Impact




October, 2024

The Institute for Portfolio Alternatives plays a significant role in advocating for direct investments and enhancing industry knowledge through education. By hosting annual membership meetings and webinars, it provides a platform for industry professionals to stay informed about current trends and regulatory updates. In 2022, approximately 1,511 individuals benefited from these learning opportunities, indicating a robust engagement within the investment community.

The organization serves as a national association that unifies investment sponsors, broker-dealers, and industry professionals, facilitating efficient coordination on critical issues related to investment strategies and operational alignment. This collective effort helps to enhance the overall effectiveness of direct investment distribution, contributing to the growth and professionalism of the investment sector. Through its educational initiatives and networking opportunities, the Institute for Portfolio Alternatives fosters innovation and collaboration, ultimately benefitting its members and the broader financial landscape.




This information is meant to be a general summary of Institute For Portfolio Alternativesinc. 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
$4,576,207 (2022)
Expenses
$4,163,543 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,764
  • Program Service Revenue: $4,480,443
  • Gross Receipts: $4,577,705

Assets and Liabilities:

  • Total Assets: $1,784,232
  • Total Liabilities: $491,364
  • Net Assets: $1,292,868

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Programs

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

MEMBERSHIP DUES

Revenue

$2,375,317

SEMINARS AND CONFERENC

Revenue

$2,105,126

Organization Details

Founding Year

1985

Principal Officer

Anya Coverman

Main Address

1455 PENNSYLVANIA AVE NW 400, WASHINGTON, DC, 20004

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