Overview
What is National Association For Fixed Annuities?
The National Association for Fixed Annuities (NAFA) is a nonprofit organization situated in Brookfield, Wisconsin. Their primary mission is to educate various stakeholders, including policymakers, journalists, consumers, and the industry, about fixed income and deferred annuities. They accomplish this through various means, such as contributing content to AnnuRetirement.com, creating promotional materials, and holding conferences during June, which they've designated as National Annuity Awareness Month. Moreover, NAFA produces monthly webinars, develops whitepapers, toolkits, and media responses to improve the understanding and compliance of annuities in retirement portfolios. They also collaborate with CapCity Advocates to educate federal regulators, legislators, and policymakers about the role of fixed annuities in financial planning. Additionally, NAFA works with other trade associations on both the state and federal levels to further their mission and increase the number of Americans owning a fixed annuity, all with a total staff of 4 individuals.
Official website here: www.nafa.com
Is National Association For Fixed Annuities legitimate?
National Association For Fixed Annuities is a legitimate nonprofit organization registered as a 501(c)(6) entity. National Association For Fixed Annuities 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: $218,386
Professional Fundraising Fees: $0
Other Salaries and Wages: $283,628
For more financial information, click here
Official website here: www.nafa.com
What is the mission statement of National Association For Fixed Annuities?
The National Association for Fixed Annuities (NAFA) is committed to fostering awareness and comprehension of fixed income and deferred annuities. They achieve this by educating various stakeholders, including policymakers, journalists, consumers, and the industry. NAFA promotes the significance of fixed annuities in retirement planning through initiatives like National Annuity Awareness Month, webinars, and the distribution of educational materials. They also collaborate with federal regulators and policymakers to increase understanding of fixed annuities and their role in financial planning. NAFA engages in joint activities with other trade associations to further its mission and expand the number of individuals owning fixed annuities.
Official website here: www.nafa.com
Who is the CEO of National Association For Fixed Annuities?
David Wolfe is the Executive Director of National Association For Fixed Annuities.
Official website here: www.nafa.com
What is the revenue of National Association For Fixed Annuities?
National Association For Fixed Annuities's revenue in 2022 was $1,421,840.
Official website here: www.nafa.com
Who are the executives of National Association For Fixed Annuities and what are their salaries?
The average compensation at National Association For Fixed Annuities during 2022 was $125,504. There are 4 employees at National Association For Fixed Annuities.
Here are 27 key members and their salaries:
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Official website here: www.nafa.com
Where can I find the form 990 for National Association For Fixed Annuities?
National Association For Fixed Annuities's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nafa.com
Learn more at the official website: www.nafa.com
Mission Statement of National Association For Fixed Annuities
The National Association For Fixed Annuities, or NAFA, is committed to fostering awareness and comprehension of fixed income and deferred annuities. It accomplishes this objective by targeting various sectors, including policymakers, journalists, consumers, and the industry itself. By educating these groups, NAFA aims to enhance understanding and promote the use of fixed annuities in retirement planning.
NAFA's mission is carried out through various initiatives. For instance, it contributes content to AnnuRetirement.com during June, which is recognized as National Annuity Awareness Month. Moreover, NAFA produces promotional materials in trade publications and solicits state Governors for proclamations. These activities aim to increase public awareness about fixed annuities and their role in retirement planning.
NAFA also conducts regular webinars to educate industry professionals on fixed annuities and fixed indexed annuities. This is part of its broader mission to promote understanding and compliance with the use of annuities in retirement portfolios. Furthermore, NAFA collaborates with CapCity Advocates to educate and inform federal regulators, legislators, and policymakers about fixed annuities. This collaboration is instrumental in raising awareness about NAFA's mission and the importance of fixed annuities in financial planning. NAFA also works with other trade associations on both a state and federal level to further its mission and increase the number of Americans who own a fixed annuity.
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Impact
October, 2024
The National Association for Fixed Annuities (NAFA) plays a significant role in enhancing the understanding and awareness of fixed income and deferred annuities. By focusing on education and promotion, NAFA delivers valuable insights to various stakeholders, including policymakers, journalists, consumers, and industry professionals.
One of its key efforts is the promotion of June as National Annuity Awareness Month, which is highlighted through the dissemination of content to AnnuRetirement.com and other trade publications. By soliciting proclamations from state governors and organizing annual conferences centered on annuities in retirement planning, NAFA fosters broader recognition of the importance of annuities in financial security.
Furthermore, NAFA conducts monthly webinars tailored for industry professionals to enhance their knowledge of fixed and fixed indexed annuities. The organization also develops whitepapers, toolkits, and provides media responses, all aimed at improving the understanding of annuities and ensuring compliance in their use within retirement portfolios.
Collaboration with CapCity Advocates enables NAFA to educate federal regulators and legislators, thereby influencing policies that promote fixed annuities as vital components of financial planning. By partnering with other trade associations, NAFA amplifies its mission at both state and federal levels, ultimately striving to increase the number of Americans who invest in fixed annuities, thus contributing to their financial well-being and retirement readiness.
This information is meant to be a general summary of National Association For Fixed Annuities. 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: $2,568
- Program Service Revenue: $1,343,272
- Gross Receipts: $1,421,840
Assets and Liabilities:
- Total Assets: $1,430,503
- Total Liabilities: $573,741
- Net Assets: $856,762
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Dues
Revenue
$694,869
Sponsorships
Revenue
$520,608
Attendee Revenue
Revenue
$97,650
Other
Revenue
$30,145
Organization Details
Founding Year
1998
Phone
(414) 332-9306Principal Officer
David Wolfe
Main Address
13400 Bishops Lane STE 120, Brookfield, WI, 53005
Website
www.nafa.comNTEE Category
Code: S41 - Community improvement
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