Overview
What is National Association Of Investors Corporation?
The National Association of Investors Corporation, commonly known as BetterInvesting, is a nonprofit organization based in Troy, Michigan, with a mission to empower individual investors by addressing the shortage of investment knowledge, exposure, and opportunities. Their primary objective is to educate individuals on the benefits of stock ownership and investing, providing unbiased, in-depth investing education. The organization advocates for a long-term investing approach and financial literacy, focusing on the selection and ownership of high-quality companies. BetterInvesting delivers education through live webinars, a monthly publication on various financial education topics, and local and online classes for both beginners and experienced investors. A dedicated community of volunteers across America develops and delivers these educational programs. The organization also hosts an annual conference, offering numerous investment education seminars. BetterInvesting offers tutorial-based online tools for stock market analysis and portfolio management, catering to beginners and experts alike.
Official website here: www.betterinvesting.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100% (Four-Star out of Four Stars)
The National Association Of Investors Corporation has achieved an impressive Four-Star rating from Charity Navigator, indicating exceptional performance in accountability and finance. With a score of 100% in this category, the organization demonstrates transparency and effective financial management, which are critical factors for donor trust and engagement.
Key strengths include a fully independent board and robust financial oversight, as evidenced by perfect scores in areas such as audit committee performance and conflict of interest policies. The organization has also shown a strong program expense ratio of 82.81%, reflecting its commitment to utilizing funds towards its mission rather than administrative costs.
While the data highlights significant organizational strengths, there are no noted limitations or concerns in the feedback. This comprehensive accountability score positions the National Association Of Investors Corporation as a trustworthy and responsible nonprofit, appealing to potential donors looking for effective stewardship of their contributions.
This AI summary has been generated from information found on Charity Navigator.
Is National Association Of Investors Corporation legitimate?
National Association Of Investors Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. National Association Of Investors Corporation 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: $390,139
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.betterinvesting.org
What is the mission statement of National Association Of Investors Corporation?
The National Association of Investors Corporation, often referred to as NAIC/BetterInvesting, has a mission to provide sound investment information, education, and support to empower individuals to become successful lifetime investors. Due to a lack of knowledge, exposure, and opportunity, many Americans miss out on the basics of wealth creation. Recognizing this issue, NAIC/BetterInvesting aims to bridge this gap through various programs. The organization introduces individuals to the benefits of stock ownership and investing, providing unbiased, in-depth investing education. Their approach emphasizes a long-term investment strategy and financial literacy, focusing on the selection and ownership of high-quality companies. NAIC/BetterInvesting staff deliver this education via live webinars, and their monthly publication, BetterInvesting Magazine, covers a wide range of financial education topics. A dedicated community of volunteers delivers educational programs to individuals and investment clubs, offering hundreds of classes annually. The organization also hosts an annual conference, the BetterInvesting National Convention, featuring investment education seminars.
Official website here: www.betterinvesting.org
Who is the CEO of National Association Of Investors Corporation?
Ken Zendel is the CEO of National Association Of Investors Corporation The CEO's salary of National Association Of Investors Corporation is $167,863 and their total compensation is $167,863.
Official website here: www.betterinvesting.org
What is the revenue of National Association Of Investors Corporation?
National Association Of Investors Corporation's revenue in 2023 was $2,685,843.
Official website here: www.betterinvesting.org
Who are the executives of National Association Of Investors Corporation and what are their salaries?
The average compensation at National Association Of Investors Corporation during 2023 was $16,963. There are 23 employees and 507 volunteers at National Association Of Investors Corporation.
Here are 13 key members and their salaries (National Association Of Investors Corporation's CEO's salary is $167,863 and their total compensation is $167,863):
- Compensation: $167,863
- Related: $0
- Other: $0
- Compensation: $128,151
- Related: $0
- Other: $0
- Compensation: $121,370
- Related: $0
- Other: $0
- Compensation: $1,700
- Related: $0
- Other: $0
- Compensation: $1,700
- Related: $0
- Other: $0
- Compensation: $1,700
- Related: $0
- Other: $0
- Compensation: $1,700
- Related: $0
- Other: $0
- Compensation: $1,700
- Related: $0
- Other: $0
- Compensation: $1,700
- Related: $0
- Other: $0
- Compensation: $1,525
- Related: $0
- Other: $0
- Compensation: $300
- Related: $0
- Other: $0
- Compensation: $300
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.betterinvesting.org
Where can I find the form 990 for National Association Of Investors Corporation?
National Association Of Investors Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.betterinvesting.org
Learn more at the official website: www.betterinvesting.org
Mission Statement of National Association Of Investors Corporation
The National Association of Investors Corporation, often abbreviated as NAIC, is dedicated to providing sound investment information, education, and support that empowers individuals to become successful lifetime investors. Their mission is centered around addressing the issue of lacking investment education and opportunities, which is prevalent among many Americans. By offering a program of unbiased, in-depth investing education, NAIC aims to help individuals build a strong financial foundation.
The organization encourages a long-term approach to investing and financial literacy, focusing on the selection and ownership of high-quality companies. Through live educational webinars, NAIC's staff teaches their principles and time-tested methodology. Additionally, they publish BetterInvesting Magazine, a monthly publication that covers various financial education topics, which is distributed to all members.
NAIC relies on a dedicated community of volunteers across America to develop and deliver educational programs to individuals and investment clubs. Hundreds of classes are offered locally and/or online each year, catering to both beginners and those seeking to expand their investing knowledge. The Better Investing Volunteer Advisory Board sponsors and produces the BetterInvesting National Convention, an annual event offering dozens of investment education seminars over multiple days. Furthermore, NAIC provides tutorial-based, online tools for stock market analysis and portfolio management, catering to investors at all skill levels.
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Impact
July, 2024
The National Association of Investors Corporation, through its program of sound investment information, education, and support, has had a significant impact on empowering individual investors to build a strong financial foundation. By providing unbiased and in-depth investing education, the organization has helped create successful lifelong investors. Through a focus on financial literacy and the selection of high-quality companies, NAIC/BetterInvesting encourages a long-term approach to investing.
The organization's educational programs, including live webinars, local and online classes, and an annual convention, have reached a wide audience of individuals and investment clubs. By offering resources for beginners as well as those looking to expand their investing knowledge, NAIC/BetterInvesting has helped bridge the knowledge gap and empower more Americans to participate in the stock market.
In addition, the BetterInvesting magazine, volunteer-driven educational programs, and online tools for stock market analysis and portfolio management have further supported the organization's mission to create successful lifetime investors. Through these efforts, the National Association of Investors Corporation has made a positive impact on individuals seeking to secure their financial future through informed and strategic investment decisions.
This information is meant to be a general summary of National Association Of Investors Corporation. 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: $44,756
- Program Service Revenue: $1,986,762
- Gross Receipts: $2,746,623
Assets and Liabilities:
- Total Assets: $3,989,057
- Total Liabilities: $1,465,721
- Net Assets: $2,523,336
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES
Revenue
$2,024,807
LOSS FROM SUBSIDIARY
Revenue
-$38,045
Organization Details
Founding Year
1951
Principal Officer
Ken Zendel
Website
www.betterinvesting.orgNTEE Category
Code: P51Z - Human services
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