Overview
What is New England Financial Marketing Association Inc?
New England Financial Marketing Association Inc, based in Springfield, Massachusetts, serves as a platform for the personal and professional growth of its members. By organizing educational meetings and networking events, the nonprofit aims to empower individuals involved in financial services marketing. It provides a space for the exchange of valuable information, fostering a supportive environment for its members to advance their careers. Additionally, New England Financial Marketing Association Inc assists financial institutions in achieving positive business outcomes through effective marketing strategies.
Official website here: www.nefma.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 63%, Two-Star out of Four Star rating. This score indicates that while the New England Financial Marketing Association Inc has some strengths in its accountability and financial practices, it also has notable areas for improvement. The overall rating is based entirely on Accountability & Finance, which is a crucial aspect for potential donors to consider.
One of the organization's strengths lies in its governance structure; it has a fully independent board with adequate size and no material diversion of assets reported. Additionally, the organization maintains a healthy liabilities-to-assets ratio and lists its website on its tax form. However, the lack of a conflict of interest policy, whistleblower policy, and document retention policy are significant omissions that have impacted its accountability score.
Overall, while the New England Financial Marketing Association Inc demonstrates some solid financial practices, the missing policies raise concerns about its governance and operational transparency. Addressing these issues would likely improve its standing in future evaluations and enhance donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is New England Financial Marketing Association Inc legitimate?
New England Financial Marketing Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New England Financial Marketing 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.
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Official website here: www.nefma.org
What is the mission statement of New England Financial Marketing Association Inc?
The New England Financial Marketing Association Inc's mission is centered around facilitating the personal and professional growth of its members. This is achieved through organized educational meetings and networking opportunities. The association serves as an educational platform, informing individuals in the financial services marketing sector about crucial topics essential for their success. It offers a platform for the meaningful exchange of information, fostering a conducive environment for the professional development of its membership. Furthermore, the association aids financial institutions in achieving positive bottom-line impact through sound marketing practices.
Official website here: www.nefma.org
Who is the CEO of New England Financial Marketing Association Inc?
Jeffrey Ward is the President of New England Financial Marketing Association Inc.
Official website here: www.nefma.org
What is the revenue of New England Financial Marketing Association Inc?
New England Financial Marketing Association Inc's revenue in 2022 was $214,531.
Official website here: www.nefma.org
Who are the executives of New England Financial Marketing Association Inc and what are their salaries?
Here are 14 key members and their salaries:
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Official website here: www.nefma.org
Where can I find the form 990 for New England Financial Marketing Association Inc?
New England Financial Marketing Association Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nefma.org
Learn more at the official website: www.nefma.org
Mission Statement of New England Financial Marketing Association Inc
New England Financial Marketing Association Inc, a renowned organization, is committed to providing opportunities for the personal and professional development of its members. This mission is achieved through educational meetings and networking opportunities. The association strives to educate and inform individuals involved in financial services marketing on topics critical to their success. It serves as a practical forum for the meaningful exchange of information, providing ample opportunities for the professional growth of its membership. Furthermore, New England Financial Marketing Association Inc assists financial institutions in achieving positive bottom-line impact via sound marketing practices.
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Impact
October, 2024
The New England Financial Marketing Association Inc significantly impacts its members by fostering personal and professional development through educational meetings and networking opportunities. By focusing on critical topics in financial services marketing, the organization equips individuals with the knowledge and skills necessary for success in a competitive industry. Members benefit from a collaborative environment that encourages growth and innovation, ultimately enhancing the overall competencies within the field. The association’s commitment to education and connection promotes community improvement, as its influence extends beyond individual members to the broader financial services landscape in the region.
This information is meant to be a general summary of New England Financial Marketing 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $214,531
- Gross Receipts: $214,531
Assets and Liabilities:
- Total Assets: $136,711
- Total Liabilities: $21,218
- Net Assets: $115,493
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONFERENCES
Revenue
$181,394
MEMBERSHIP DUES
Revenue
$33,137
Organization Details
Founding Year
2008
Phone
(413) 368-5148Principal Officer
Jeffrey Ward
Main Address
1350 MAIN STREET 1100, SPRINGFIELD, MA, 011031670
Website
www.nefma.orgNTEE Category
Code: S41 - Community improvement
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