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American Association Of Individual Investors

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

EIN: 362976274 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is American Association Of Individual Investors?

The American Association of Individual Investors (AAII) is a nonprofit organization, established in 1978, located at 625 N Michigan Ave, Chicago, Illinois. With a team of 44 employees, the association aims to empower individuals to manage their own assets effectively. It achieves this objective by providing educational programs, information, and research. Members of AAII, approximately 145,000 strong, gain access to the AAII.com website, featuring 24-years worth of personal financial and investing articles. Additionally, they receive the monthly AAII Journal, containing educational articles and features on various investing topics like portfolio management, taxation, and retirement planning. Annually and lifetime members also receive investment guides, such as the Mutual Fund Guide, ETF Guide, Personal Tax Guide, and the PRISM Wealth-Building Process.


Official website here: www.aaii.com

What are the reviews and ratings of this charity?

**Charity Navigator Rating: 49% (Zero-Star out of Four Star Rating)**

The American Association of Individual Investors has received a 49% rating from Charity Navigator, leading to a Zero-Star designation primarily due to issues within its Accountability & Finance score. Notably, while the organization boasts strong governance indicators, such as having an independent board and established policies, it has significant transparency shortcomings, including missing financial statements on its website.

Strengths of the organization include its compliance with various accountability measures such as conflict of interest and whistleblower policies. However, it faces limitations in terms of financial transparency, with a notably high liabilities to assets ratio, indicating potential financial strain.

User reviews on GreatNonprofits could not be fetched at this time, leaving no additional sentiment or feedback to report on the organization. While the governing framework appears solid, the lack of accessible financial information may deter potential donors looking for a clearer picture of the organization's financial health.


This AI summary has been generated from information found on Charity Navigator.

Is American Association Of Individual Investors legitimate?

American Association Of Individual Investors is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Association Of Individual Investors 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: $999,939
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,787,106

For more financial information, click here


Official website here: www.aaii.com

What is the mission statement of American Association Of Individual Investors?

The American Association of Individual Investors, established in 1978, is a nonprofit organization with the mission to aid individuals in effectively managing their assets. They accomplish this objective through educational programs, information dissemination, and research. The association offers membership benefits to approximately 145,000 members, providing them access to a wealth of financial and investing articles, as well as the monthly AAII Journal. Both annual and lifetime members receive additional investment guides, such as the Mutual Fund Guide and the Personal Tax Guide.


Official website here: www.aaii.com

Who is the CEO of American Association Of Individual Investors?

John Bajkowski is the President/Ceo of American Association Of Individual Investors. The CEO's salary of American Association Of Individual Investors is $211,525 and their total compensation is $243,718.


Official website here: www.aaii.com

What is the revenue of American Association Of Individual Investors?

American Association Of Individual Investors's revenue in 2022 was $7,103,204.


Official website here: www.aaii.com

Who are the executives of American Association Of Individual Investors and what are their salaries?

The average compensation at American Association Of Individual Investors during 2022 was $63,342. There are 44 employees and 355 volunteers at American Association Of Individual Investors.


Here are 13 key members and their salaries (American Association Of Individual Investors's CEO's salary is $211,525 and their total compensation is $243,718):


John Bajkowski (President/Ceo)
  • Compensation: $211,525
  • Related: $0
  • Other: $32,193
John Markese (Chair)
  • Compensation: $12,000
  • Related: $0
  • Other: $0
Lloyd Shefsky (Director)
  • Compensation: $12,000
  • Related: $0
  • Other: $0
Jia Peng (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Rotblut (Vp Editor)
  • Compensation: $202,124
  • Related: $0
  • Other: $25,638
Wayne Thorp (Vp Sr Fin Analyst)
  • Compensation: $167,010
  • Related: $0
  • Other: $11,190
Peter Nguyen (Vp Director Of Marketing)
  • Compensation: $153,853
  • Related: $0
  • Other: $22,582
Harry Madorin (Senior Vp Operations/Secre)
  • Compensation: $122,206
  • Related: $0
  • Other: $27,618
Nick Powell (It Director)
  • Compensation: $135,000
  • Related: $0
  • Other: $24,368
Donna Carone (Controller)
  • Compensation: $160,615
  • Related: $0
  • Other: $12,491
Derek Hageman (Finiancial Analyst/Editor)
  • Compensation: $110,308
  • Related: $0
  • Other: $0
Mohan Perera (Web Diveloper)
  • Compensation: $106,579
  • Related: $0
  • Other: $10,792
Jean Henrich (Managing Editor)
  • Compensation: $100,679
  • Related: $0
  • Other: $25,808


Official website here: www.aaii.com

Where can I find the form 990 for American Association Of Individual Investors?

American Association Of Individual Investors's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.aaii.com

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

Mission Statement of American Association Of Individual Investors

The American Association of Individual Investors, established in 1978, is a nonprofit organization with a mission to aid individuals in becoming proficient managers of their personal assets. This mission is accomplished through initiatives that encompass education, information, and research. The association's primary objective is to empower individuals by providing them with the necessary tools and knowledge to effectively manage their financial assets.

The American Association of Individual Investors operates under the belief that individuals can make informed decisions about their investments with the right resources and information. To achieve this, the organization provides a range of educational programs and research materials. These resources cater to approximately 145,000 members, who gain access to an extensive archive of financial and investing articles, as well as the monthly AAII Journal, which covers topics such as portfolio management, stock and fund investing strategies, retirement planning, taxation, insurance, and financial planning. The association also offers investment information guides to its annual and life members, including guides on mutual funds, exchange-traded funds, personal taxation, and the PRISM wealth-building process.

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Impact




October, 2024

The American Association of Individual Investors (AAII) plays a significant role in empowering individuals to manage their own assets effectively. With a membership of approximately 145,000, AAII offers valuable educational resources, information, and research that help members build their investment knowledge. Its extensive online archive of personal financial and investing articles, along with the monthly AAII Journal, provides insights into portfolio management, investment strategies, retirement planning, and financial planning.

By offering targeted guides such as the Mutual Fund Guide and the Exchange-Traded Fund Guide, AAII equips its members with the tools necessary to navigate the complexities of investing. This support fosters informed decision-making among individual investors, contributing to their financial independence and overall well-being. Ultimately, AAII's programs serve to enhance public knowledge around personal finance and create a community of informed investors.




This information is meant to be a general summary of American Association Of Individual Investors. 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
$7,103,204 (2022)
Expenses
$7,069,064 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $176,396
  • Program Service Revenue: $6,504,724
  • Gross Receipts: $8,645,632

Assets and Liabilities:

  • Total Assets: $3,214,356
  • Total Liabilities: $14,918,039
  • Net Assets: -$11,703,683

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Programs

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

SUBSCRIPTIONS

Revenue

$3,770,726

MEMBERSHIP PROGRAMS

Revenue

$2,707,185

NATIONAL PROGRAMS

Revenue

$23,528

BOOKS

Revenue

$3,285

Organization Details

Founding Year

1978

Principal Officer

John Bajkowski

Main Address

625 N MICHIGAN AVE 1900, CHICAGO, IL, 60611

NTEE Category

Code: W60 - Public benefit

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