National Association Of Personal Financial Advisors Inc

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

EIN: 351629277 ✦ Chicago, IL ✦ Designated as a 501(c)(6)

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Overview

What is National Association Of Personal Financial Advisors Inc?

The National Association of Personal Financial Advisors Inc, located in Chicago, Illinois, is a nonprofit organization dedicated to the advancement of financial planning professionals. They host annual conferences to enhance members' expertise in financial planning education, portfolio management, and practice management, aiming to boost their productivity. The association offers a platform for networking, education, business development, and advocacy, thereby promoting the professional success of fee-only, comprehensive financial advisors. With a small team of nine individuals, they strive to elevate the standard of financial advice and support the growth of their members.


Official website here: www.napfa.org

Is National Association Of Personal Financial Advisors Inc legitimate?

National Association Of Personal Financial Advisors Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Association Of Personal Financial Advisors 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: $324,248
Professional Fundraising Fees: $0
Other Salaries and Wages: $520,314

For more financial information, click here


Official website here: www.napfa.org

What is the mission statement of National Association Of Personal Financial Advisors Inc?

The National Association of Personal Financial Advisors Inc serves to promote the professional success of fee-only, comprehensive financial advisors. They achieve this by offering networking opportunities, education, business development, and advocacy. Their primary activities are designed to enhance the skills and knowledge of financial advisors, thereby improving their productivity. The organization hosts both fall and spring conferences, which provide members with advanced education in financial planning, portfolio management, and practice management. By doing so, National Association of Personal Financial Advisors Inc aims to elevate the level of professionalism within the financial advisory sector.


Official website here: www.napfa.org

Who is the CEO of National Association Of Personal Financial Advisors Inc?

Leslie Stokes is the Director of National Association Of Personal Financial Advisors Inc. The CEO's salary of National Association Of Personal Financial Advisors Inc is $291,550 and their total compensation is $312,978.


Official website here: www.napfa.org

What is the revenue of National Association Of Personal Financial Advisors Inc?

National Association Of Personal Financial Advisors Inc's revenue in 2022 was $3,753,347.


Official website here: www.napfa.org

Who are the executives of National Association Of Personal Financial Advisors Inc and what are their salaries?

The average compensation at National Association Of Personal Financial Advisors Inc during 2022 was $93,840. There are 9 employees at National Association Of Personal Financial Advisors Inc.


Here are 12 key members and their salaries (National Association Of Personal Financial Advisors Inc's CEO's salary is $291,550 and their total compensation is $312,978):


Archuleta Kristy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alt Joni (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hartman Wendy (Secretary-Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Irvine Amy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jones Jeff (Chair-Elect)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jordan Daphne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mcavoy Karla (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Panambur Deva (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lion Laura (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheckels Lydia (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Geoffrey Brown (Ceo)
  • Compensation: $291,550
  • Related: $0
  • Other: $21,428
Kristin Keith (Director Of Education)
  • Compensation: $101,475
  • Related: $0
  • Other: $10,003


Official website here: www.napfa.org

Where can I find the form 990 for National Association Of Personal Financial Advisors Inc?

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


Official website here: www.napfa.org

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

Mission Statement of National Association Of Personal Financial Advisors Inc

The National Association of Personal Financial Advisors Inc is dedicated to promoting the professional success of fee-only, comprehensive financial advisors. They achieve this mission by providing networking opportunities, education, business development, and advocacy. This organization's activities are geared towards enhancing the skills and expertise of its members in the areas of financial planning education, portfolio management, and practice management. By participating in the National Association of Personal Financial Advisors Inc's conferences, members can improve their productivity and elevate their professionalism.

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Impact




October, 2024

The National Association of Personal Financial Advisors Inc. significantly impacts the financial advisory profession by promoting the growth and development of fee-only, comprehensive financial advisors. Through various networking opportunities and educational initiatives, the organization enhances the professionalism of its members.

Their national conferences, held in the fall and spring, serve as key platforms for advancing knowledge in financial planning, portfolio management, and practice management. By equipping advisors with the latest industry practices and standards, they improve productivity and effectiveness within their firms.

Furthermore, their advocacy efforts support the fee-only model, which prioritizes client interests and transparency, fostering a higher level of trust and integrity in financial advising. Overall, the association plays a crucial role in elevating the profession, thereby benefiting both advisors and their clients.




This information is meant to be a general summary of National Association Of Personal Financial Advisors 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
$3,753,347 (2022)
Expenses
$3,660,755 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $201,632
  • Program Service Revenue: $3,101,400
  • Gross Receipts: $4,344,979

Assets and Liabilities:

  • Total Assets: $4,361,699
  • Total Liabilities: $1,691,731
  • Net Assets: $2,669,968

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Programs

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

MEMBERSHIP DUES AND FEES

Revenue

$1,710,043

NATIONAL CONFERENCES

Revenue

$1,330,400

WEBINARS

Revenue

$39,440

OTHER PROGRAM REVENUES5

Revenue

$9,117

PRODUCT SALES

Revenue

$8,525

Organization Details

Founding Year

1983

Principal Officer

Leslie Stokes

Main Address

8700 WEST BRYN MAWR AVENUE 700N, CHICAGO, IL, 60631

NTEE Category

Code: S41 - Community improvement

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