Overview
What is The Spark Institute Inc?
The Spark Institute Inc, situated in Simsbury, Connecticut, is a nonprofit organization with a mission to shape national retirement policy. They achieve this by providing research, education, testimony, and comments on pending legislative and regulatory issues to members of Congress and relevant government agency officials. Their membership, comprising record keepers, mutual fund companies, brokerage firms, insurance companies, banks, consultants, trade clearing firms, and investment managers, collectively serve approximately 100 million employer-sponsored participants. The Spark Institute plays a crucial role in identifying priorities and developing positions on critical retirement issues, contributing significantly to shaping national retirement policy.
Official website here: www.sparkinstitute.org
Is The Spark Institute Inc legitimate?
The Spark Institute Inc is a legitimate nonprofit organization registered as a 501(c)(6) entity. The Spark Institute 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: $730,542
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.sparkinstitute.org
What is the mission statement of The Spark Institute Inc?
The Spark Institute Inc, often referred to as SPARK, plays a significant role in shaping national retirement policy. It achieves this by providing research, education, testimony, and comments on pending legislative and regulatory issues to relevant government officials and members of Congress. SPARK's mission extends to developing and advocating for positions on critical issues affecting plan sponsors, participants, service providers, and investment providers. The organization's membership, which includes record keepers, mutual fund companies, brokerage firms, insurance companies, banks, consultants, trade clearing firms, and investment managers, plays a crucial role in identifying SPARK's priorities and shaping its positions on these critical issues. Collectively, SPARK's membership represents approximately 100 million employer-sponsored participants, highlighting its significant influence in the retirement policy arena.
Official website here: www.sparkinstitute.org
Who is the CEO of The Spark Institute Inc?
Timothy Rouse is the Executive Di of The Spark Institute Inc.
Official website here: www.sparkinstitute.org
What is the revenue of The Spark Institute Inc?
The Spark Institute Inc's revenue in 2022 was $1,837,476.
Official website here: www.sparkinstitute.org
Who are the executives of The Spark Institute Inc and what are their salaries?
The average compensation at The Spark Institute Inc during 2022 was $365,271. There are 2 employees at The Spark Institute Inc.
Here are 14 key members and their salaries:
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Official website here: www.sparkinstitute.org
Where can I find the form 990 for The Spark Institute Inc?
The Spark Institute Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sparkinstitute.org
Learn more at the official website: www.sparkinstitute.org
Mission Statement of The Spark Institute Inc
The Spark Institute Inc, a prominent organization in the retirement policy sector, plays a significant role in shaping national retirement policies. It accomplishes this by offering research, education, testimony, and comments on pending legislative and regulatory issues to key government officials and members of Congress. The institution's mission is to develop and advance positions on critical issues that impact plan sponsors, participants, service providers, and investment providers. Its influential membership, which includes record keepers, mutual fund companies, brokerage firms, insurance companies, banks, consultants, trade clearing firms, and investment managers, collectively serves approximately 100 million employer-sponsored participants. This vast network of members plays a pivotal role in identifying the organization's priorities and in formulating the positions it takes on crucial issues.
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Impact
October, 2024
The Spark Institute Inc plays a pivotal role in shaping national retirement policy by providing vital research, education, and testimony on legislative and regulatory issues to policymakers, including members of Congress and government agency officials. By developing and advancing positions on critical issues that impact plan sponsors, participants, service providers, and investment providers, the organization influences the framework of retirement policy in the United States.
With a membership that includes record keepers, mutual fund companies, brokerage firms, insurance companies, banks, consultants, trade clearing firms, and investment managers, The Spark Institute collects insights and priorities from a diverse array of stakeholders. This collaborative effort ensures that the perspectives of approximately 100 million employer-sponsored participants are considered in policy discussions.
By actively engaging in legislative matters and advocating for strategic priorities, The Spark Institute drives positive changes in the retirement landscape, ultimately aiming to enhance the security and effectiveness of retirement plans across the country.
This information is meant to be a general summary of The Spark Institute 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.
- Investment Income: $2,121
- Program Service Revenue: $1,835,355
- Gross Receipts: $1,837,476
Assets and Liabilities:
- Total Assets: $3,027,771
- Total Liabilities: $363,817
- Net Assets: $2,663,954
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP FEES
Revenue
$1,060,555
CONFERENCES REVENUE
Revenue
$744,700
TRAINING AND OTHER PROGRAMS
Revenue
$30,000
PUBLICATIONS
Revenue
$100
Organization Details
Founding Year
2011
Phone
(860) 658-5058Principal Officer
Timothy Rouse
Main Address
9 PHELPS LANE, SIMSBURY, CT, 06070
Website
www.sparkinstitute.orgNTEE Category
Code: Y03 - Mutual benefit
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